Silverfin false 31/03/2024 01/04/2023 31/03/2024 Taurus Capital (Dm) Limited 28/11/2016 Taurus (Dm) Limited 28/11/2016 06 January 2025 OC414825 2024-03-31 OC414825 bus:Director1 2024-03-31 OC414825 bus:Director2 2024-03-31 OC414825 2023-03-31 OC414825 core:CurrentFinancialInstruments 2024-03-31 OC414825 core:CurrentFinancialInstruments 2023-03-31 OC414825 core:CostValuation 2023-03-31 OC414825 core:CostValuation 2024-03-31 OC414825 2023-04-01 2024-03-31 OC414825 bus:FullAccounts 2023-04-01 2024-03-31 OC414825 bus:SmallEntities 2023-04-01 2024-03-31 OC414825 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 OC414825 bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC414825 bus:Director1 2023-04-01 2024-03-31 OC414825 bus:Director2 2023-04-01 2024-03-31 OC414825 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Company No: OC414825 (England and Wales)

CAPRA LLP

Unaudited Financial Statements
For the financial year ended 31 March 2024
Pages for filing with the registrar

CAPRA LLP

Unaudited Financial Statements

For the financial year ended 31 March 2024

Contents

CAPRA LLP

STATEMENT OF FINANCIAL POSITION

As at 31 March 2024
CAPRA LLP

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 March 2024
Note 2024 2023
£ £
Fixed assets
Investments 4 1,404,500 1,404,500
1,404,500 1,404,500
Current assets
Debtors 5 162,201 125,494
Cash at bank and in hand 6 1,154 515
163,355 126,009
Creditors: amounts falling due within one year 7 ( 112,921) ( 75,575)
Net current assets 50,434 50,434
Total assets less current liabilities 1,454,934 1,454,934
Net assets attributable to members 1,454,934 1,454,934
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

For the financial year ending 31 March 2024 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

Members' responsibilities:

The financial statements of Capra LLP (registered number: OC414825) were approved and authorised for issue by the Board of Directors on 06 January 2025. They were signed on its behalf by:

Taurus Capital (Dm) Limited
Designated member
CAPRA LLP

RECONCILIATION OF MEMBERS' INTERESTS

For the financial year ended 31 March 2024
CAPRA LLP

RECONCILIATION OF MEMBERS' INTERESTS (continued)

For the financial year ended 31 March 2024
EQUITY
Members' other interests
DEBT
Loans and other debts due to members less any amounts due from members in debtors
Total members' interests
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

CAPRA LLP

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2024
CAPRA LLP

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2024
1. Accounting policies

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.

General information and basis of accounting

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

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Fixed asset investments

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.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Financial instruments

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.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the LLP during the year 0 0

3. Members' remuneration

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

4. Fixed asset investments

Other investments Total
£ £
Cost or valuation before impairment
At 01 April 2023 1,404,500 1,404,500
At 31 March 2024 1,404,500 1,404,500
Carrying value at 31 March 2024 1,404,500 1,404,500
Carrying value at 31 March 2023 1,404,500 1,404,500

5. Debtors

2024 2023
£ £
Other debtors 162,201 125,494

6. Cash and cash equivalents

2024 2023
£ £
Cash at bank and in hand 1,154 515

7. Creditors: amounts falling due within one year

2024 2023
£ £
Trade creditors 9,647 9,679
Other creditors 103,274 65,896
112,921 75,575