Company No:
Contents
Note | 2024 | 2023 | ||
£ | £ | |||
Fixed assets | ||||
Investments | 4 |
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1,404,500 | 1,404,500 | |||
Current assets | ||||
Debtors | 5 |
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Cash at bank and in hand | 6 |
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163,355 | 126,009 | |||
Creditors: amounts falling due within one year | 7 | (
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Net current assets | 50,434 | 50,434 | ||
Total assets less current liabilities | 1,454,934 | 1,454,934 | ||
Net assets attributable to members |
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Represented by | ||||
Members' other interests | ||||
Members' capital classified as equity | 1,454,934 | 1,454,934 | ||
1,454,934 | 1,454,934 | |||
1,454,934 | 1,454,934 | |||
Total members' interests | ||||
Amounts due from members (included in debtors) | (148,201) | (112,494) | ||
Members' other interests | 1,454,934 | 1,454,934 | ||
1,306,733 | 1,342,440 |
Members' responsibilities:
The financial statements of Capra LLP (registered number:
Taurus Capital (Dm) Limited
Designated member |
EQUITY Members' other interests |
DEBT Loans and other debts due to members less any amounts due from members in debtors |
Total members' interests | |
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Members' capital (classified as equity) | Other amounts | Total | |
£ | £ | £ | |
Amounts due from members | (92,844) | ||
Balance at 01 April 2022 | 1,454,934 | (92,844) | 1,362,090 |
Members' remuneration charged as an expense, including employment and retirement benefit costs | 0 | 48,325 | 48,325 |
Members' interest after result for the financial year | 1,454,934 | (44,519) | 1,410,415 |
Drawings | 0 | (67,975) | (67,975) |
Amounts due from members | (112,494) | ||
Balance at 31 March 2023 | 1,454,934 | (112,494) | 1,342,440 |
Members' remuneration charged as an expense, including employment and retirement benefit costs | 0 | 19,822 | 19,822 |
Members' interest after result for the financial year | 1,454,934 | (92,672) | 1,362,262 |
Drawings | 0 | (55,529) | (55,529) |
Amounts due from members | (148,201) | ||
Balance at 31 March 2024 | 1,454,934 | (148,201) | 1,306,733 |
There are no existing restrictions or limitations which impact the ability of the members of the LLP to reduce the amount of Members' other interests
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.
Capra LLP is a limited liability partnership, incorporated in the United Kingdom under the Limited Liability Partnerships Act 2000 and is registered in England and Wales. The address of the LLP's registered office is 115 Eastbourne Mews, London, W2 6LQ, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Limited Liability Partnerships Act 2000 as applicable to companies subject to the small companies regime and the requirements of the Statement of Recommended Practice Accounting by Limited Liability Partnerships issued in December 2021 (SORP 2022).
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.
Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.
The Company only enters into basic financial instruments and transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to and from related parties and investments in non-puttable ordinary shares.
2024 | 2023 | ||
Number | Number | ||
Monthly average number of persons employed by the LLP during the year |
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Profits are shared among the members in accordance with agreed profit sharing arrangements. Members are required to make their own provision for pensions from their profit shares.
2024 | 2023 | ||
Number | Number | ||
Average number of members during the financial year | 9 | 9 |
Other investments | Total | ||
£ | £ | ||
Cost or valuation before impairment | |||
At 01 April 2023 |
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At 31 March 2024 |
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Carrying value at 31 March 2024 |
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Carrying value at 31 March 2023 |
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2024 | 2023 | ||
£ | £ | ||
Other debtors |
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2024 | 2023 | ||
£ | £ | ||
Cash at bank and in hand |
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2024 | 2023 | ||
£ | £ | ||
Trade creditors |
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Other creditors |
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