Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31No description of principal activity22023-04-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truefalse2false OC421798 2023-04-01 2024-03-31 OC421798 2022-04-01 2023-03-31 OC421798 2024-03-31 OC421798 2023-03-31 OC421798 c:CurrentFinancialInstruments 2024-03-31 OC421798 c:CurrentFinancialInstruments 2023-03-31 OC421798 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 OC421798 c:CurrentFinancialInstruments c:WithinOneYear 2023-03-31 OC421798 d:FRS102 2023-04-01 2024-03-31 OC421798 d:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC421798 d:FullAccounts 2023-04-01 2024-03-31 OC421798 d:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC421798 d:PartnerLLP1 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: OC421798









GIRAFFE CAPITAL LLP







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

 
GIRAFFE CAPITAL LLP
REGISTERED NUMBER: OC421798

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
53,650
24,008

Cash at bank and in hand
  
-
104,442

  
53,650
128,450

Creditors: Amounts Falling Due Within One Year
 5 
(2,803)
(2,078)

  

Net assets
  
50,847
126,372


Represented by:
  

Loans and other debts due to members within one year
  

Other amounts
 6 
50,847
126,372


Total members' interests
  

Loans and other debts due to members
 6 
50,847
126,372


Page 1

 
GIRAFFE CAPITAL LLP
REGISTERED NUMBER: OC421798
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024

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

The entity 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.

The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements.

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

The entity has opted not to file the statement of comprehensive income in accordance with the provisions applicable to entities subject to the small LLPs regime.

The financial statements were approved and authorised for issue by the members and were signed on their behalf by: 



................................................
M C H Westerman
Designated member
Date: 21 March 2025

The notes on pages 3 to 5 form part of these financial statements.

Giraffe Capital LLP has no equity and, in accordance with the provisions contained within the Statement of Recommended Practice "Accounting by Limited Liability Partnerships", has not presented a Statement of Changes in Equity.

Page 2

 
GIRAFFE CAPITAL LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

The principal activity of Giraffe Capital LLP is to provide consultancy services to corporate entities and individuals.
The entity is a limited liability partnership and is incorporated in England and Wales. 
 The registered office address is Stonecross, Trumpington High Street, Cambridge, CB2 9SU.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice "Accounting by Limited Liability Partnerships".

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the LLP and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the LLP will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
GIRAFFE CAPITAL LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.4

Division and distribution of profits

A division of profits is the mechanism by which the profits of an LLP become a debt due to members. A division may be automatic or discretionary, may relate to some or all of the profits for a financial period and may take place during or after the end of a financial period.

An automatic division of profits is one where the LLP does not have an unconditional right to avoid making a division of an amount of profits based on the members' agreement in force at the time, whereas a discretionary division of profits requires a decision to be made by the LLP, which it has the unconditional right to avoid making.

The LLP divides profits discretionarily. Discretionary divisions of profits are recognised as amounts due to members, although may be used to offset amounts which have been drawn by members, which are recognised as loan assets repayable.

 
2.5

Financial instruments

The LLP only enters into basic financial instrument 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 related parties and investments in ordinary shares.


3.


Employees

The LLP has two designated members and zero employees for the current and prior periods.


4.


Debtors

2024
2023
£
£


Other debtors
324
8

Prepayments and accrued income
53,326
24,000

53,650
24,008



5.


Creditors: amounts falling due within one year

2024
2023
£
£

Bank overdrafts
120
-

Trade creditors
1,804
-

Accruals and deferred income
879
2,078

2,803
2,078


Page 4

 
GIRAFFE CAPITAL LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

6.


Loans and other debts due to members


2024
2023
£
£



Other amounts due to members
50,847
126,372

Loans and other debts due to members may be further analysed as follows:

2024
2023
£
£



Falling due within one year
50,847
126,372

Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up.

 
Page 5