Acorah Software Products - Accounts Production 16.2.850 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 OC366317 Triangulate Holdings Limited Mr Vladimir Kokorin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC366317 2023-12-31 OC366317 2024-12-31 OC366317 2024-01-01 2024-12-31 OC366317 frs-core:CurrentFinancialInstruments 2024-12-31 OC366317 frs-bus:LimitedLiabilityPartnershipLLP 2024-01-01 2024-12-31 OC366317 frs-bus:LimitedLiabilityPartnershipsSORP 2024-01-01 2024-12-31 OC366317 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 OC366317 frs-bus:SmallEntities 2024-01-01 2024-12-31 OC366317 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 OC366317 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 OC366317 frs-core:CurrentFinancialInstruments 1 2024-12-31 OC366317 frs-countries:EnglandWales 2024-01-01 2024-12-31 OC366317 frs-bus:PartnerLLP1 2024-01-01 2024-12-31 OC366317 frs-bus:PartnerLLP2 2024-01-01 2024-12-31 OC366317 2022-12-31 OC366317 2023-12-31 OC366317 2023-01-01 2023-12-31 OC366317 frs-core:CurrentFinancialInstruments 2023-12-31 OC366317 frs-core:CurrentFinancialInstruments 1 2023-12-31
Registered number: OC366317
BUSINESS CAPITAL & CONSULTING MANAGEMENT PARTNERS LLP
Unaudited Financial Statements
For The Year Ended 31 December 2024
Adbell Advisory Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC366317
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 1,457,707 1,481,208
Cash at bank and in hand 1,859,719 1,302,487
3,317,426 2,783,695
Creditors: Amounts Falling Due Within One Year 5 (18,493 ) (592,153 )
NET CURRENT ASSETS (LIABILITIES) 3,298,933 2,191,542
TOTAL ASSETS LESS CURRENT LIABILITIES 3,298,933 2,191,542
NET ASSETS ATTRIBUTABLE TO MEMBERS 3,298,933 2,191,542
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 2,721,774 1,614,383
2,721,774 1,614,383
Equity
Members' other interests
Revaluation reserve 577,159 577,159
577,159 577,159
3,298,933 2,191,542
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 2,721,774 1,614,383
Members' other interests 577,159 577,159
3,298,933 2,191,542
Page 1
Page 2
For the year ending 31 December 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
Mr Vladimir Kokorin
Designated Member
16/05/2025
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
BUSINESS CAPITAL & CONSULTING MANAGEMENT PARTNERS LLP is a limited liability partnership, incorporated in England & Wales, registered number OC366317 . The Registered Office is Birchin Court , 20 Birchin Lane, London, EC3V 9DJ.
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
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Revenue is deferred until the performance obligations of a contract have been met.
2.3. Financial Instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS102 to all of its financial instruments.
Financial instruments are recognized in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognized amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into.
Financial liabilities
Financial liabilities, including creditors are initially recognised at transaction price.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are initially recognised at transaction price.
2.4. 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 year was: 2 (2023: 2)
2 2
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 275,391 301,988
Other debtors 797,821 797,822
Loan to HD Fund Services Ltd 384,495 381,398
1,457,707 1,481,208
Page 3
Page 4
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 90
Bank loans and overdrafts 4 -
Other creditors 14,709 588,463
Accruals and deferred income 3,780 3,600
18,493 592,153
6. Audit Information
The auditor's report on the accounts of BUSINESS CAPITAL & CONSULTING MANAGEMENT PARTNERS LLP for the year ended 31 December 2024 was unqualified.
The auditor's report was signed by Statutory Auditor.
Page 4