REGISTERED NUMBER: |
REPORT OF THE MEMBERS AND |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 1 JULY 2023 TO 31 MARCH 2024 |
FOR |
SCM CAP LLP |
REGISTERED NUMBER: |
REPORT OF THE MEMBERS AND |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 1 JULY 2023 TO 31 MARCH 2024 |
FOR |
SCM CAP LLP |
SCM CAP LLP (REGISTERED NUMBER: OC442861) |
CONTENTS OF THE FINANCIAL STATEMENTS |
For The Period 1 July 2023 to 31 March 2024 |
Page |
General Information | 1 |
Report of the Members | 2 |
Income Statement | 3 |
Balance Sheet | 4 |
Notes to the Financial Statements | 6 |
SCM CAP LLP |
GENERAL INFORMATION |
For The Period 1 July 2023 to 31 March 2024 |
DESIGNATED MEMBERS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
111 Charterhouse Street |
London |
EC1M 6AW |
SCM CAP LLP (REGISTERED NUMBER: OC442861) |
REPORT OF THE MEMBERS |
For The Period 1 July 2023 to 31 March 2024 |
The members present their report with the financial statements of the LLP for the period 1 July 2023 to 31 March 2024. |
CESSATION OF TRADING |
The LLP ceased trading on 8 January 2024. |
PRINCIPAL ACTIVITY |
The principal activity of the LLP in the period under review was that of Property rental. |
DESIGNATED MEMBERS |
The designated members during the period under review were: |
RESULTS FOR THE PERIOD AND ALLOCATION TO MEMBERS |
The loss for the period before members' remuneration and profit shares was £14,794 (2023 - £715 profit). |
MEMBERS' INTERESTS |
The members' drawing policy allows each member to draw a proportion of their profit share, subject to the cash requirements of the business. |
A member's capital requirement is linked to their share of profit and the financing requirement of the limited liability partnership. There is no opportunity for appreciation of the capital subscribed. Just as incoming members introduce their capital at 'par', so the retiring members are repaid their capital at 'par'. |
ON BEHALF OF THE MEMBERS: |
SCM CAP LLP (REGISTERED NUMBER: OC442861) |
INCOME STATEMENT |
For The Period 1 July 2023 to 31 March 2024 |
Period | Period |
1.7.23 | 28.6.22 |
to | to |
31.3.24 | 30.6.23 |
£ | £ |
REVENUE |
Administrative expenses |
OPERATING PROFIT |
Interest payable and similar expenses |
(LOSS)/PROFIT FOR THE FINANCIAL PERIOD BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS |
( |
) |
SCM CAP LLP (REGISTERED NUMBER: OC442861) |
BALANCE SHEET |
31 March 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Property, plant and equipment | 4 |
CURRENT ASSETS |
Debtors |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
6 |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
- |
7,302 |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
- |
7,302 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | - | 7,302 |
Amounts due from members | (2,716 | ) | - |
(2,716 | ) | 7,302 |
The members acknowledge their responsibilities for: |
(a) | ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the LLP as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP. |
SCM CAP LLP (REGISTERED NUMBER: OC442861) |
BALANCE SHEET - continued |
31 March 2024 |
The financial statements were approved by the members of the LLP and authorised for issue on |
SCM CAP LLP (REGISTERED NUMBER: OC442861) |
NOTES TO THE FINANCIAL STATEMENTS |
For The Period 1 July 2023 to 31 March 2024 |
1. | STATUTORY INFORMATION |
SCM Cap LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the net value of rents receivable in the accounting period. |
3. | EMPLOYEE INFORMATION |
The average number of employees during the period was |
4. | PROPERTY, PLANT AND EQUIPMENT |
Land and |
buildings |
£ |
COST |
At 1 July 2023 |
Disposals | ( |
) |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
At 30 June 2023 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Accrued expenses |
6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2024 | 2023 |
£ | £ |
Loans |
Deferred Consideration | - | 900,744 |