1 May 2023 false Taxfiler 2024.6.1 OC336397business:LimitedLiabilityPartnershipLLP2023-05-012024-04-30 OC3363972023-04-30 OC3363972023-05-012024-04-30 OC336397business:AuditExemptWithAccountantsReport2023-05-012024-04-30 OC336397business:FullAccounts2023-05-012024-04-30 OC3363972024-04-30 OC336397business:PartnerLLP12023-05-012024-04-30 OC336397business:PartnerLLP22023-05-012024-04-30 OC336397business:RegisteredOffice2023-05-012024-04-30 OC3363972023-04-30 OC336397core:WithinOneYear2024-04-30 OC336397core:WithinOneYear2023-04-30 OC336397core:ShareCapital2024-04-30 OC336397core:ShareCapital2023-04-30 OC336397business:SmallEntities2023-05-012024-04-30 OC336397core:ComputerEquipment2023-05-012024-04-30 OC336397countries:EnglandWales2023-05-012024-04-30 OC336397core:ComputerEquipment2023-04-30 OC336397core:ComputerEquipment2024-04-30 OC3363972022-05-012023-04-30 iso4217:GBP xbrli:pure
Registered No. OC336397 (England and Wales)
Belfield Capital LLP Unaudited accounts for the year ended 30 April 2024
Belfield Capital LLP LLP Information for the year ended 30 April 2024
Designated members
Mrs Fawzia Samad
Mr Mian Yusuf Samad
Registered Number
OC336397 (England and Wales)
Registered Office
Churchill House 137-139 Brent Street London NW4 4DJ
Accountants
Clearfin Accountants Limited Churchill House 137-139 Brent Street London NW4 4DJ
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Belfield Capital LLP Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
588 
537 
Current assets
Cash at bank and in hand
500 
476 
Creditors: amounts falling due within one year
(1,095)
(866)
Net current liabilities
(595)
(390)
Net (liabilities)/assets attributable to members
(7)
147 
Represented by:
Loans and other debts due to members
(107)
47 
Members' other interests
Members' capital classified as equity
100 
100 
(7)
147 
Total members' interests
Loans and other debts due to members
(107)
47 
Members' other interests
100 
100 
(7)
147 
For the year ending 30 April 2024 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 31 December 2024.
Mr Mian Yusuf Samad Designated member Limited Liability Partnership Registration No. OC336397
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Belfield Capital LLP Notes to the Accounts for the year ended 30 April 2024
1
Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Members' remuneration
Remuneration paid to members under a contract of employment is included as an expense in the profit and loss account. Other fixed amounts paid to members are also included within members' remuneration treated as an expense. Members' shares in the profit or loss for the year are accounted for as an allocation of profits. Unallocated profits and losses are included within 'other reserves'.
Members' capital
Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital, even if that obligation is conditional.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% reducing balance
2
Statutory information
Belfield Capital LLP is a limited liability partnership, incorporated in England and Wales, registration number OC336397. Its registered office is Churchill House, 137-139 Brent Street, London, NW4 4DJ.
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Belfield Capital LLP Notes to the Accounts for the year ended 30 April 2024
3
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 May 2023
8,654 
Additions
247 
At 30 April 2024
8,901 
Depreciation
At 1 May 2023
8,117 
Charge for the year
196 
At 30 April 2024
8,313 
Net book value
At 30 April 2024
588 
At 30 April 2023
537 
4
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security costs
1,095 
866 
5
Loans and other debts due to members
2024 
2023 
£ 
£ 
Amounts due to members in respect of profits
(107)
47 
Amounts falling due within one year
(107)
47 
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
6
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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