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REGISTERED NUMBER: OC316579 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Prosperity Capital Services LLP

Prosperity Capital Services LLP (Registered number: OC316579)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

General information 1

Balance sheet 2

Notes to the financial statements 3


Prosperity Capital Services LLP

General Information
for the Year Ended 31 December 2024







Designated members: T N Nuding
T Hanaoka





Registered office: No.4 36
Corfton Road
London
W5 2HT





Registered number: OC316579 (England and Wales)





Accountants: Freeman Carr
Chartered Certified Accountants
The Gatehouse
2 Devonhurst Place
Heathfield Terrace
Chiswick
London
W4 4JD

Prosperity Capital Services LLP (Registered number: OC316579)

Balance Sheet
31 December 2024

2024 2023
Notes £ £ £ £
Fixed assets
Tangible assets 4 3,584 1,775

Current assets
Debtors 5 542 840
Cash at bank 77,977 71,412
78,519 72,252
Creditors
Amounts falling due within one year 6 1,232 610
Net current assets 77,287 71,642
Total assets less current liabilities
and
Net assets attributable to members 80,871 73,417

Loans and other debts due to members 7 30,871 23,417

Members' other interests
Capital accounts 50,000 50,000
80,871 73,417

Total members' interests
Loans and other debts due to members 7 30,871 23,417
Members' other interests 50,000 50,000
80,871 73,417

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 December 2024.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

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

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 24 June 2025 and were signed by:




T N Nuding - Designated member

Prosperity Capital Services LLP (Registered number: OC316579)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. Statutory information

Prosperity Capital Services LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

Financial instruments
The company only enters into basic financial transactions that result in the recognition of financial assets and liabilities like cash and bank balances, trade and other debtors and creditors, loans from banks and other third parties and investments in non-puttable ordinary shares.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and loss.
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. Employee information

The average number of employees during the year was NIL (2023 - NIL).

4. Tangible fixed assets
Plant and
machinery
etc
£
Cost
At 1 January 2024 7,029
Additions 2,629
At 31 December 2024 9,658
Depreciation
At 1 January 2024 5,254
Charge for year 820
At 31 December 2024 6,074
Net book value
At 31 December 2024 3,584
At 31 December 2023 1,775

Prosperity Capital Services LLP (Registered number: OC316579)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

5. Debtors: amounts falling due within one year
2024 2023
£ £
Other debtors - 560
VAT 542 280
542 840

6. Creditors: amounts falling due within one year
2024 2023
£ £
Other creditors 1,232 610

7. Loans and other debts due to members
2024 2023
£ £
Amounts owed to members in respect of profits 30,871 23,417

Falling due within one year 30,871 23,417

Members would rank above other creditors.