REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 December 2024 |
for |
Prosperity Capital Services LLP |
REGISTERED NUMBER: |
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 Hanaoka |
Registered office: |
Registered number: |
Accountants: |
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 |
Current assets |
Debtors | 5 |
Cash at bank |
Creditors |
Amounts falling due within one year | 6 |
Net current assets |
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 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 were approved by the members of the LLP and authorised for issue on |
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 |
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 |
Plant and machinery etc | - |
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 |
Additions |
At 31 December 2024 |
Depreciation |
At 1 January 2024 |
Charge for year |
At 31 December 2024 |
Net book value |
At 31 December 2024 |
At 31 December 2023 |
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 |
VAT |
6. | Creditors: amounts falling due within one year |
2024 | 2023 |
£ | £ |
Other creditors |
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. |