Acorah Software Products - Accounts Production 16.2.850 false true 30 September 2023 1 October 2022 false 1 October 2023 5 April 2024 5 April 2024 OC424506 Ultimate Prime Incorporated Anosi F Ikimalo iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC424506 2023-09-30 OC424506 2024-04-05 OC424506 2023-10-01 2024-04-05 OC424506 frs-core:CurrentFinancialInstruments 2024-04-05 OC424506 frs-bus:LimitedLiabilityPartnershipLLP 2023-10-01 2024-04-05 OC424506 frs-bus:LimitedLiabilityPartnershipsSORP 2023-10-01 2024-04-05 OC424506 frs-bus:FilletedAccounts 2023-10-01 2024-04-05 OC424506 frs-bus:SmallEntities 2023-10-01 2024-04-05 OC424506 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-04-05 OC424506 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-04-05 OC424506 frs-core:ListedExchangeTraded 2024-04-05 OC424506 frs-core:ListedExchangeTraded 2023-09-30 OC424506 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-09-30 OC424506 frs-core:AdditionsToInvestments frs-core:ListedExchangeTraded 2024-04-05 OC424506 frs-core:DisposalsRepaymentsInvestments frs-core:ListedExchangeTraded 2024-04-05 OC424506 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:ListedExchangeTraded 2024-04-05 OC424506 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-04-05 OC424506 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-09-30 OC424506 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-04-05 OC424506 frs-core:CurrentFinancialInstruments 1 2024-04-05 OC424506 frs-core:CurrentFinancialInstruments 2 2024-04-05 OC424506 frs-countries:EnglandWales 2023-10-01 2024-04-05 OC424506 frs-bus:PartnerLLP1 2023-10-01 2024-04-05 OC424506 frs-bus:PartnerLLP2 2023-10-01 2024-04-05 OC424506 2022-09-30 OC424506 2023-09-30 OC424506 2022-10-01 2023-09-30 OC424506 frs-core:CurrentFinancialInstruments 2023-09-30 OC424506 frs-core:CurrentFinancialInstruments 1 2023-09-30 OC424506 frs-core:CurrentFinancialInstruments 2 2023-09-30
Registered number: OC424506
Optimum Global Capital Partners LLP
Unaudited Financial Statements
For the Period 1 October 2023 to 5 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC424506
5 April 2024 30 September 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 49,878 29,175
49,878 29,175
CURRENT ASSETS
Debtors 5 41,364 63,147
Cash at bank and in hand 9,756 2,532
51,120 65,679
Creditors: Amounts Falling Due Within One Year 6 (124,310 ) (118,460 )
NET CURRENT ASSETS (LIABILITIES) (73,190 ) (52,781 )
TOTAL ASSETS LESS CURRENT LIABILITIES (23,312 ) (23,606 )
NET LIABILITIES ATTRIBUTABLE TO MEMBERS (23,312 ) (23,606 )
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 294 -
294 -
Equity
Members' other interests
Members' capital 2 2
Other reserves (23,608) (23,608)
(23,606) (23,606)
(23,312) (23,606)
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 294 -
Members' other interests (23,606) (23,606)
(23,312) (23,606)
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Page 2
For the period ending 5 April 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 applicable to LLPs subject to the small LLPs regime.)
The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.
The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.
On behalf of the members
Anosi F Ikimalo
Designated Member
1 April 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Optimum Global Capital Partners LLP is a limited liability partnership, incorporated in England & Wales, registered number OC424506 . The Registered Office is 71-75 Shelton Street, Covent Garden, London, England, WC2H 9JQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).
The financial statements are prepared in sterling which is the functional currency of the LLP.
2.2. Turnover
Income from Investment
Turnover from investments includes  the cumulative gain/loss in disposal of investmetns, dividends and interst earned from investments classified as fair value through profit or loss. 
2.3. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the period was: 1 (2023: 1)
1 1
4. Investments
Listed
£
Cost
As at 1 October 2023 29,175
Additions 81,530
Disposals (63,465 )
Revaluations 2,638
As at 5 April 2024 49,878
Provision
As at 1 October 2023 -
As at 5 April 2024 -
Net Book Value
As at 5 April 2024 49,878
As at 1 October 2023 29,175
Page 3
Page 4
5. Debtors
5 April 2024 30 September 2023
£ £
Due within one year
Prepayments and accrued income 166 -
Loan owed by Members 28,955 20,666
Melville Douglas Account 12,243 42,481
41,364 63,147
6. Creditors: Amounts Falling Due Within One Year
5 April 2024 30 September 2023
£ £
Accruals and deferred income 1,200 600
Amounts owed to related parties 123,110 117,860
124,310 118,460
7. Related Party Transactions
Included in debtors due within one year is an amount of £28,955 (2023: £20,666) owed by the partner. The amount is interest free and repayable on demand.
Included in creditors due within one year is an amount of £123,110 (2023: £117,860 ) is an amount owed to related sister companies. The amount is interest free and repayable on demand.
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