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REGISTERED NUMBER: OC424410 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Charioturn Capital LLP

Charioturn Capital LLP (Registered number: OC424410)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 5

Report of the Accountants 7

Charioturn Capital LLP

General Information
for the Year Ended 31 March 2025







DESIGNATED MEMBERS: Mr K Chandaria
Mr B Chandaria





REGISTERED OFFICE: First Floor, Unitec House
2 Albert Place
Finchley
London
N3 1QB





REGISTERED NUMBER: OC424410 (England and Wales)





ACCOUNTANTS: Kingsley Maybrook Limited
Unitec House
2 Albert Place
London
N3 1QB

Charioturn Capital LLP (Registered number: OC424410)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1,593,496 1,503,090

CURRENT ASSETS
Debtors 2,528 12,212
Prepayments and accrued income 3,244 845
Cash at bank 34,496 35,487
40,268 48,544
CREDITORS
Amounts falling due within one year 5 1,800 1,800
NET CURRENT ASSETS 38,468 46,744
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

1,631,964

1,549,834

Charioturn Capital LLP (Registered number: OC424410)

Balance Sheet - continued
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
LOANS AND OTHER DEBTS DUE TO
MEMBERS

6

473,898

506,164

MEMBERS' OTHER INTERESTS
Capital accounts 1,158,066 1,043,670
1,631,964 1,549,834

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 6 473,898 506,164
Members' other interests 1,158,066 1,043,670
Amounts due from members (2,528 ) (12,212 )
1,629,436 1,537,622

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 March 2025.

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.

Charioturn Capital LLP (Registered number: OC424410)

Balance Sheet - continued
31 March 2025


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 16 June 2025 and were signed by:




Mr K Chandaria - Designated member




Mr B Chandaria - Designated member


Charioturn Capital LLP (Registered number: OC424410)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Charioturn Capital 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 as modified by the revaluation of certain assets.

Financial instruments
Financial liabilities and equity are classified according to the substance of the financial instruments contractual obligations, rather than its legal form.

The LLP's cash at bank, other debtors, trade creditors and other creditors are measured initially at transactions price and subsequently at amortised cost using the effective interest method, where appropriate

Foreign currencies
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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Fixed asset investments
Fixed asset investments are recognised at cost and subsequently re-measured at fair value. The resulting gain or loss is recognised in the income statement.

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2024 - NIL).

4. FIXED ASSET INVESTMENTS
Unlisted
investments
£   
COST OR VALUATION
At 1 April 2024 1,503,090
Additions 118,849
Disposals (4,453 )
Revaluations (23,990 )
At 31 March 2025 1,593,496
NET BOOK VALUE
At 31 March 2025 1,593,496
At 31 March 2024 1,503,090

Charioturn Capital LLP (Registered number: OC424410)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31 March 2025 is represented by:

Unlisted
investments
£   
Valuation in 2022 395,166
Valuation in 2023 1,020,236
Valuation in 2024 87,688
Valuation in 2025 90,406
1,593,496

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Other creditors 1,800 1,800

6. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans due to members represent cumulative net profits not yet paid to members and loans from members and are due when the designated members decide. These amounts rank after unsecured creditors in the event of a winding-up.

Charioturn Capital LLP

Report of the Accountants to the Members of
Charioturn Capital LLP

The following reproduces the text of the report prepared for the members in respect of the LLP's annual unaudited financial statements. In accordance with the Companies Act 2006, the LLP is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Members are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2025 set out on pages one to three and you consider that the LLP is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Kingsley Maybrook Limited
Unitec House
2 Albert Place
London
N3 1QB


Date: .............................................