Silverfin false 31/05/2024 01/06/2023 31/05/2024 Jack Bradley 01/01/2017 Pedro Maria Prego Do Carmo De Noronha 19/09/2007 Noster Services Limited 01/10/2020 21 February 2025 OC331538 2024-05-31 OC331538 bus:Director1 2024-05-31 OC331538 bus:Director2 2024-05-31 OC331538 bus:Director3 2024-05-31 OC331538 2023-05-31 OC331538 core:CurrentFinancialInstruments 2024-05-31 OC331538 core:CurrentFinancialInstruments 2023-05-31 OC331538 core:Non-currentFinancialInstruments 2024-05-31 OC331538 core:Non-currentFinancialInstruments 2023-05-31 OC331538 2023-06-01 2024-05-31 OC331538 bus:AbridgedAccounts 2023-06-01 2024-05-31 OC331538 bus:SmallEntities 2023-06-01 2024-05-31 OC331538 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 OC331538 bus:LimitedLiabilityPartnershipLLP 2023-06-01 2024-05-31 OC331538 bus:Director1 2023-06-01 2024-05-31 OC331538 bus:Director2 2023-06-01 2024-05-31 OC331538 bus:Director3 2023-06-01 2024-05-31 OC331538 core:TopRangeValue 2023-06-01 2024-05-31 OC331538 2022-06-01 2023-05-31 iso4217:GBP xbrli:pure

Company No: OC331538 (England and Wales)

NOSTER CAPITAL LLP

Abridged Unaudited Financial Statements
For the financial year ended 31 May 2024

NOSTER CAPITAL LLP

Abridged Unaudited Financial Statements

For the financial year ended 31 May 2024

Contents

NOSTER CAPITAL LLP

LIMITED LIABILITY PARTNERSHIP INFORMATION

For the financial year ended 31 May 2024
NOSTER CAPITAL LLP

LIMITED LIABILITY PARTNERSHIP INFORMATION (continued)

For the financial year ended 31 May 2024
DESIGNATED MEMBERS Jack Bradley
Pedro Maria Prego Do Carmo De Noronha
Noster Services Limited
REGISTERED OFFICE 154-160 Fleet Street Office 209
Blackfriars
London
EC4A 2DQ
United Kingdom
REGISTERED NUMBER OC331538 (England and Wales)
ACCOUNTANT Synergee
Pluto House
6 Vale Avenue
Tunbridge Wells
TN1 1DJ
NOSTER CAPITAL LLP

BALANCE SHEET

As at 31 May 2024
NOSTER CAPITAL LLP

BALANCE SHEET (continued)

As at 31 May 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 1,392 2,106
1,392 2,106
Current assets
Debtors 1,102,467 1,082,241
Cash at bank and in hand 15,994 13,825
1,118,461 1,096,066
Creditors: amounts falling due within one year ( 149,493) ( 127,812)
Net current assets 968,968 968,254
Total assets less current liabilities 970,360 970,360
Creditors: amounts falling due after more than one year ( 43,170) ( 43,170)
Net assets attributable to members 927,190 927,190
Represented by
Loans and other debts due to members within one year
Other amounts 207,390 207,390
207,390 207,390
Members' other interests
Members' capital classified as equity 719,800 719,800
719,800 719,800
927,190 927,190
Total members' interests
Amounts due from members (included in debtors) (1,043,091) (1,051,803)
Loans and other debts due to members 207,390 207,390
Members' other interests 719,800 719,800
(115,901) (124,613)

For the financial year ending 31 May 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:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Noster Capital LLP (registered number: OC331538) were approved and authorised for issue by the Board of Directors on 21 February 2025. They were signed on its behalf by:

Pedro Maria Prego Do Carmo De Noronha
Designated member
NOSTER CAPITAL LLP

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS

For the financial year ended 31 May 2024
NOSTER CAPITAL LLP

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS

For the financial year ended 31 May 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

Noster Capital 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 154-160 Fleet Street Office 209, Blackfriars, London, EC4A 2DQ, 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 £.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Tangible assets 5 years straight line
Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Members' capital

Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital to members, even if that obligation is conditional.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the LLP during the year 1 1

3. Tangible assets