REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 March 2025 |
for |
Charioturn Capital LLP |
REGISTERED NUMBER: |
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: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
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 |
CURRENT ASSETS |
Debtors |
Prepayments and accrued income |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
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 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 were approved by the members of the LLP and authorised for issue on |
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 |
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 |
Additions |
Disposals | ( |
) |
Revaluations | ( |
) |
At 31 March 2025 |
NET BOOK VALUE |
At 31 March 2025 |
At 31 March 2024 |
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 |
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. |
Unitec House |
2 Albert Place |
London |
N3 1QB |
Date: ............................................. |