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REGISTERED NUMBER: OC436036 (England and Wales)












Report of the Members and

Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Vektor Partners Advisors LLP

Vektor Partners Advisors LLP (Registered number: OC436036)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

General Information 1

Report of the Members 2

Report of the Accountants 3

Income Statement 4

Balance Sheet 5

Notes to the Financial Statements 7


Vektor Partners Advisors LLP

General Information
for the Year Ended 31 March 2024







DESIGNATED MEMBERS: I Falkenberg
C B Riley
S Bihari





REGISTERED OFFICE: 11 Bressenden Place
Nova North
London
SW1E 5BY





REGISTERED NUMBER: OC436036 (England and Wales)





ACCOUNTANTS: Clarkson Cleaver & Bowes Ltd
8a Wingbury Courtyard
Business Village
Wingrave
Buckinghamshire
HP22 4LW

Vektor Partners Advisors LLP (Registered number: OC436036)

Report of the Members
for the Year Ended 31 March 2024

The members present their report with the financial statements of the LLP for the year ended 31 March 2024.

DESIGNATED MEMBERS
The designated members during the year under review were:

I Falkenberg
C B Riley
S Bihari

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS
The profit for the year before members' remuneration and profit shares was £23,323 (2023 - £18,305 loss).

MEMBERS' INTERESTS
All amounts due to members classified as liabilities are presented within Loans and other debts due to members in the statement of financial position. This will include any unpaid element of remuneration charged as an expense and any unpaid allocated profits arising from the discretionary division of profits. Members’ capital classified as a liability will also be included. The heading in the balance sheet is broken down in the notes under the same heading and comprises:

Members’ capital classified as a liability

Loans from members

Retirement benefits in respect of current members

Amounts due to members in respect of profits

ON BEHALF OF THE MEMBERS:





S Bihari - Designated member


30 January 2025

Vektor Partners Advisors LLP

Report of the Accountants to the Members of
Vektor Partners Advisors LLP


As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2024 set out on pages four to eight and you consider that the LLP is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Clarkson Cleaver & Bowes Ltd
8a Wingbury Courtyard
Business Village
Wingrave
Buckinghamshire
HP22 4LW


30 January 2025

Vektor Partners Advisors LLP (Registered number: OC436036)

Income Statement
for the Year Ended 31 March 2024

2024 2023
Notes £    £   

TURNOVER 184,247 147,781

Cost of sales 76,918 -
GROSS PROFIT 107,329 147,781

Administrative expenses 84,017 166,088
OPERATING PROFIT/(LOSS) 23,312 (18,307 )

Interest receivable and similar income 11 2
PROFIT/(LOSS) FOR THE
FINANCIAL YEAR BEFORE
MEMBERS' REMUNERATION AND
PROFIT SHARES AVAILABLE FOR
DISCRETIONARY DIVISION AMONG
MEMBERS





23,323





(18,305





)

Vektor Partners Advisors LLP (Registered number: OC436036)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 4,122 1,030

CURRENT ASSETS
Debtors 74,767 2,417
Cash at bank 20,259 50,497
95,026 52,914
CREDITORS
Amounts falling due within one year 6 657 540
NET CURRENT ASSETS 94,369 52,374
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

98,491

53,404

Vektor Partners Advisors LLP (Registered number: OC436036)

Balance Sheet - continued
31 March 2024

2024 2023
Notes £    £    £    £   
LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

118,491

73,404

MEMBERS' OTHER INTERESTS
Capital accounts (20,000 ) (20,000 )
98,491 53,404

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 118,491 73,404
Members' other interests (20,000 ) (20,000 )
Amounts due from members (74,767 ) (2,417 )
23,724 50,987

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2024.

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.

The financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 30 January 2025 and were signed by:





S Bihari - Designated member

Vektor Partners Advisors LLP (Registered number: OC436036)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Vektor Partners Advisors 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
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoices sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2023 - NIL).

4. INFORMATION IN RELATION TO MEMBERS

2024 2023

The average number of members during the year was 4 4

Vektor Partners Advisors LLP (Registered number: OC436036)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 1,545
Additions 4,076
At 31 March 2024 5,621
DEPRECIATION
At 1 April 2023 515
Charge for year 984
At 31 March 2024 1,499
NET BOOK VALUE
At 31 March 2024 4,122
At 31 March 2023 1,030

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 657 -
Other creditors - 540
657 540

7. LOANS AND OTHER DEBTS DUE TO MEMBERS
2024 2023
£    £   
Loans from members - 40,000
Amounts owed to members in respect of profits 118,491 33,404
118,491 73,404

Falling due within one year 118,491 73,404

.