Company No:
Contents
31.12.2023 | ||
£ | ||
Net current assets | 0 | |
Total assets less current liabilities | 0 | |
Net assets attributable to members |
|
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Members' responsibilities:
These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Nova-Cap LLP (registered number:
D S Williamson
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 | |
---|---|---|---|
Other reserves | Other amounts | Total | |
£ | £ | £ | |
Balance at 20 December 2022 | 0 | 0 | 0 |
Members' remuneration charged as an expense, including employment and retirement benefit costs | 0 | 636,085 | 636,085 |
Members' interest after result for the financial period | 0 | 636,085 | 636,085 |
Drawings | 0 | (636,085) | (636,085) |
Balance at 31 December 2023 | 0 | 0 | 0 |
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 period, unless otherwise stated.
Nova-Cap 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 Octagon Point 5 Cheapside, St Paul's, London, EC2V 6AA, 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.
Period from 20.12.2022 to 31.12.2023 |
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Number | |
Monthly average number of persons employed by the LLP during the period |
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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.
31.12.2023 | |
Number | |
Average number of members during the financial period | 4 |
The designated members of the LLP are considered to be key management responsible for planning, directing and controlling the activities of the LLP. Transactions with the designated members are shown in the reconciliation of members interests.