Inca Financial Associates LLP OC377553 false 2023-09-01 2024-08-31 2024-08-31 The principal activity of the company is Financial services Digita Accounts Production Advanced 6.30.9574.0 OC377553 2023-09-01 2024-08-31 OC377553 2024-08-31 OC377553 bus:Micro-entities 2023-09-01 2024-08-31 OC377553 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 OC377553 bus:FullAccounts 2023-09-01 2024-08-31 OC377553 bus:RegisteredOffice 2023-09-01 2024-08-31 OC377553 bus:PartnerLLP1 2023-09-01 2024-08-31 OC377553 bus:PartnerLLP2 2023-09-01 2024-08-31 OC377553 bus:LimitedLiabilityPartnershipLLP 2023-09-01 2024-08-31 OC377553 bus:Agent1 2023-09-01 2024-08-31 OC377553 countries:AllCountries 2023-09-01 2024-08-31 OC377553 2022-09-01 2023-08-31 OC377553 2023-08-31 iso4217:GBP xbrli:pure

Registration number: OC377553

Inca Financial Associates LLP

Annual Report and Unaudited Financial Statements

for the Year Ended 31 August 2024

 

Inca Financial Associates LLP

Contents

Limited liability partnership information

1

Members' Report

2

Accountants' Report

3

Financial Statements

4 to 6

Profit and Loss Account

4

Balance Sheet

5

Notes to the Financial Statements

5

 

Inca Financial Associates LLP

Limited liability partnership information

Designated members

David Paul Whitley

Shabir Valji
 

Registered office

3a Headley Road
Woodley
Reading
Berkshire
RG5 4JB

Accountants

Cameron Browne
Chartered Accountants
3a Headley Road
Woodley
Reading
Berkshire
RG5 4JB

 

Inca Financial Associates LLP

Members' Report for the Year Ended 31 August 2024

The members present their report and the unaudited financial statements for the year ended 31 August 2024.

Designated members

The members who held office during the year were as follows:

David Paul Whitley

Shabir Valji

Members' drawings and the subscription and repayment of members' capital

Members draw the annual profit

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, as applied to limited liability partnerships.

Approved by the Board on 29 May 2025 and signed on its behalf by:

.........................................
David Paul Whitley
Designated member

 

Chartered Accountants' Report to the Members on the Preparation of the Unaudited Statutory Accounts of
Inca Financial Associates LLP
for the Year Ended 31 August 2024

In order to assist you to fulfil your duties under the Companies Act 2006, as applied to limited liability partnerships, we have prepared for your approval the accounts of Inca Financial Associates LLP for the year ended 31 August 2024 set out on pages 4 to 6 from the limited liability partnership's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/en/members/regulations-standards-and-guidance.

This report is made solely to the members of Inca Financial Associates LLP, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Inca Financial Associates LLP and state those matters that we have agreed to state to the members of Inca Financial Associates LLP, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Inca Financial Associates LLP and its members as a body for our work or for this report.

It is your duty to ensure that Inca Financial Associates LLP has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Inca Financial Associates LLP. You consider that Inca Financial Associates LLP is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Inca Financial Associates LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Cameron Browne
Chartered Accountants
3a Headley Road
Woodley
Reading
Berkshire
RG5 4JB

29 May 2025

 

Inca Financial Associates LLP

Profit and Loss Account for the Year Ended 31 August 2024

2024
 £

2023
 £

Turnover

407,623

427,283

Staff costs

(407,623)

(411,078)

Other charges

(700)

(16,205)

Loss for the year before members' remuneration and profit shares

(700)

-

Loss for the year available for discretionary division among members

(700)

-

 

Inca Financial Associates LLP

(Registration number: OC377553)
Balance Sheet as at 31 August 2024

2024
 £

2023
 £

Current assets

-

34,779

Accruals and deferred income

(700)

(34,779)

Net liabilities attributable to members

(700)

-

Represented by:

Members' other interests

(700)

-

 

(700)

-

Total members' interests

Equity

(700)

-

 

(700)

-

1

General information

The place of registration of the limited liability partnership is England.

The address of the registered office is:
3a Headley Road
Woodley
Reading
Berkshire
RG5 4JB

The principal place of business is:Inca House
Aylesbury Street
Wolverton
Milton Keynes
Milton Keynes
MK12 5GZ

These financial statements were authorised for issue by the Board on 29 May 2025.

The limited liability partnership is incorporated in England under the Limited Liability Partnership Act 2000. The address of the registered office is given on the limited liability partnership information page.

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The functional currency of Inca Financial Associates LLP is considered to be pounds sterling because that is the currency of the primary economic environment in which the limited liability partnership operates. Foreign operations are included in accordance with the policies set out below.

Basis of preparation

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

 

Inca Financial Associates LLP

(Registration number: OC377553)
Balance Sheet as at 31 August 2024 (continued)

2

Particulars of employees

The average number of persons employed by the limited liability partnership during the year was 2 (2023 - 2).

These financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the micro-entities regime and FRS 105 ‘The Financial Reporting Standard Applicable to the Micro-entities Regime.

For the year ending 31 August 2024 the limited liability partnership was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied to limited liability partnerships, relating to small entities.

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

The financial statements of Inca Financial Associates LLP (registered number OC377553) were approved by the Board and authorised for issue on 29 May 2025. They were signed on behalf of the limited liability partnership by:

.........................................
David Paul Whitley
Designated member

.........................................
Shabir Valji
Designated member