Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31Crito Holdings LLC T Gillman002025-03-31falsefalse2024-04-01falseAdvising clients on raising capital.00false OC384167 2024-04-01 2025-03-31 OC384167 2023-04-01 2024-03-31 OC384167 2025-03-31 OC384167 2024-03-31 OC384167 2023-04-01 OC384167 5 2024-04-01 2025-03-31 OC384167 5 2023-04-01 2024-03-31 OC384167 d:CurrentFinancialInstruments 2025-03-31 OC384167 d:CurrentFinancialInstruments 2024-03-31 OC384167 d:CurrentFinancialInstruments 2 2025-03-31 OC384167 d:CurrentFinancialInstruments 2 2024-03-31 OC384167 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 OC384167 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 OC384167 e:UnitedKingdom 2024-04-01 2025-03-31 OC384167 e:UnitedKingdom 2023-04-01 2024-03-31 OC384167 e:RestEuropeOutsideUK 2024-04-01 2025-03-31 OC384167 e:RestEuropeOutsideUK 2023-04-01 2024-03-31 OC384167 f:FRS102 2024-04-01 2025-03-31 OC384167 f:Audited 2024-04-01 2025-03-31 OC384167 f:FullAccounts 2024-04-01 2025-03-31 OC384167 f:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC384167 14 2024-04-01 2025-03-31 OC384167 f:PartnerLLP1 2024-04-01 2025-03-31 OC384167 f:PartnerLLP2 2024-04-01 2025-03-31 OC384167 f:PartnerLLP3 2024-04-01 2025-03-31 OC384167 d:OtherCapitalInstrumentsClassifiedAsEquity 2025-03-31 OC384167 d:OtherCapitalInstrumentsClassifiedAsEquity 2024-03-31 OC384167 d:FurtherSpecificReserve3ComponentTotalEquity 2025-03-31 OC384167 d:FurtherSpecificReserve3ComponentTotalEquity 2024-03-31 OC384167 g:USDollar 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure
Company registration number: OC384167







FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2025


CRITO CAPITAL LLP






































img01f7.png                        

 


CRITO CAPITAL LLP
 



INFORMATION




Designated Members

Crito Holdings LLC
Crito Group Limited (appointed 1 April 2024)
T Gillman (resigned 1 April 2024)


LLP registered number

OC384167

Registered office

4th Floor
95 Gresham Street
London
EC2V 7AB

Independent auditor

Menzies LLP
Chartered Accountants
4th Floor
95 Gresham Street
London
EC2V 7AB


 


CRITO CAPITAL LLP
 



CONTENTS



Page
Members' Report
1 - 2
Independent Auditor's Report
3 - 6
Statement of Comprehensive Income
7
Statement of Financial Position
8
Reconciliation of Members' Interests
9
Statement of Cash Flows
10
Notes to the Financial Statements
11 - 16


 


CRITO CAPITAL LLP
 


  
MEMBERS' REPORT
FOR THE YEAR ENDED 31 MARCH 2025

The Members present their annual report together with the audited financial statements of Crito Capital LLP (the "LLP") for the ended 31 March 2025
 

Principal activities
 
 
The principal object of the LLP is that of advising clients on raising capital. 
 
 
Designated Members
 
 
The following were designated members during the year:
T Gillman (resigned 1 April 2024)
Crito Group Limited (appointed 1 April 2024)
Crito Holdings LLC
 

 
Members' capital and interests
 
 
Each Member's subscription to the capital of the LLP is determined by their share of the profit and is repayable following retirement from the LLP.
 
 
Members are permitted to make drawings in anticipation of profits which will be allocated to them. The amount of such drawings is set at the beginning of each financial year, taking into account the anticipated cash needs of the LLP.
 
 
Original members are required to subscribe a minimum level of capital and in subsequent years these members may be invited to subscribe for further capital. Further members may also be invited to subscribe for capital, the amounts of which is determined by the LLP. On retirement, capital is not repaid to members.
 

Members' responsibilities statement
 
 
The Members are responsible for preparing the annual report and the financial statements in accordance with applicable law and regulations.
 
 
Company law, (as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008), requires the Members to prepare financial statements for each financial year. Under that law the Members have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law, (as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008) the Members must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the LLP and of the profit or loss of the LLP for that period.

In preparing these financial statements, the Members are required to:
 
select suitable accounting policies and then apply them consistently;
 
make judgements and accounting estimates that are reasonable and prudent;
 
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the LLP will continue in business.
 




 
Page 1

 


CRITO CAPITAL LLP
 


 
MEMBERS' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
 
 
Members' responsibilities statement (continued)
The Members are responsible for keeping adequate accounting records that are sufficient to show and explain the LLP's transactions and disclose with reasonable accuracy at any time the financial position of the LLP and to enable them to ensure that the financial statements comply with the Companies Act 2006 (as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of the Companies Act 2006) Regulations 2008)They are also responsible for safeguarding the assets of the LLP and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
 
This report was approved by the Members and signed on their behalf by: 



T Gillman
On behalf of Crito Group Limited (a director)

Date: 24 July 2025
Page 2

 


CRITO CAPITAL LLP
 

img2f3f.png
 
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF CRITO CAPITAL LLP

Opinion
 

We have audited the financial statements of Crito Capital LLP (the 'LLP') for the year ended 31 March 2025, which comprise the Statement of Comprehensive Income, the Statement of Financial Position, the Statement of Cash Flows, the Reconciliation of Members' Interests and the related notes, including a summary of significant accounting policiesThe financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).


In our opinion the financial statements:


give a true and fair view of the state of the LLP's affairs as at 31 March 2025 and of its result for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
have been prepared in accordance 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.


Basis for opinion


We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the LLP in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.


Conclusions relating to going concern
 

In auditing the financial statements, we have concluded that the Members' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.


Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the LLP's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.


Our responsibilities and the responsibilities of the Members with respect to going concern are described in the relevant sections of this report.


Other information
 

The other information comprises the information included in the Annual Report other than the financial statements and our Auditor's Report thereon. The Members are responsible for the other information contained within the Annual ReportOur opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.


We have nothing to report in this regard.


Page 3

 


CRITO CAPITAL LLP


img4a9e.png
 
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF CRITO CAPITAL LLP (CONTINUED)

Matters on which we are required to report by exception
 

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006, as applied to limited liability partnerships, requires us to report to you if, in our opinion:


adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
the financial statements are not in agreement with the accounting records and returns; or
we have not received all the information and explanations we require for our audit.


Responsibilities of members
 

As explained more fully in the Members' Responsibilities Statement set out on page 1, the Members are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Members determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.


In preparing the financial statements, the Members are responsible for assessing the LLP's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Members either intend to liquidate the LLP or to cease operations, or have no realistic alternative but to do so.


Page 4

 


CRITO CAPITAL LLP


img160a.png
 
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF CRITO CAPITAL LLP (CONTINUED)

Auditors' responsibilities for the audit of the financial statements
 

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditor's Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.


Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

The LLP is subject to laws and regulations that directly affect the financial statements including financial reporting legislation. We determined that the following laws and regulations were most significant including: 

The Companies Act 2006 (as applied by The Limited Liability Partnerships (Accounts and Audit) Regulations 2008);
Financial Reporting Standard 102;
Financial Conduct Authority, including Prudential sourcebook for Banks, Building Societies and Investment Firms; and
General Data Protection Regulations.

We assessed the extent of compliance with these laws and regulations as part of our procedures on the related financial statement items.

We understood how the LLP is complying with those legal and regulatory frameworks by making inquiries to management and those responsible for legal and compliance procedures. We corroborated our inquiries through our review of relevant documentation.

The engagement partner assessed whether the engagement team collectively had the appropriate competence and capabilities to identify or recognise non-compliance with laws and regulations. No issues were identified in this area.

We assessed the susceptibility of the LLP financial statements to material misstatement, including how fraud might occur. Audit procedures performed by the engagement team included:

Identifying and assessing the design effectiveness of controls management has in place to prevent and detect fraud;
Understanding how those charged with governance considered and addressed the potential for override of controls or other inappropriate influence over the financial reporting process; and
Identifying and testing journal entries, in particular any journal entries posted with unusual account combinations.

As a result of the above procedures, we considered the opportunities and incentives that may exist within the organisation for fraud and identified the greatest potential for fraud in the following areas:

Posting of unusual journals and complex transactions; or
The use of management override of controls to manipulate results, or to cause the LLP to enter into transactions not in its best interests.


Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance.  The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.


A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditor's Report.


Page 5

 


CRITO CAPITAL LLP


img059f.png
 
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF CRITO CAPITAL LLP (CONTINUED)

Use of our report
 

This report is made solely to the LLP's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006, as applied by Part 12 of The Limited Liability Partnerships (Accounts and Audit) (Applications of Companies Act 2006) Regulations 2008Our audit work has been undertaken so that we might state to the LLP's members those matters we are required to state to them in an Auditor's Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the LLP and the LLP's members, as a body, for our audit work, for this report, or for the opinions we have formed.





Sarah Hallam FCCA (Senior Statutory Auditor)
  
for and on behalf of
Menzies LLP
 
Chartered Accountants
Statutory Auditor
  
4th Floor
95 Gresham Street
London
EC2V 7AB

24 July 2025
Page 6

 


CRITO CAPITAL LLP
 


 
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 MARCH 2025

2025
2024
Note
$
$

  

Turnover
 3 
233,678
1,357,398

Gross profit
  
 
233,678
 
1,357,398

Administrative expenses
  
(439,005)
(1,386,366)

Operating loss
 4 
 
(205,327)
 
(28,968)

Profit/(loss) for the year before members' remuneration and profit shares
  
 
(205,327)
 
(28,968)

Profit/(loss) for the year before members' remuneration and profit shares
  
(205,327)
(28,968)

(Members' remuneration charged as an expense)/losses for the year allocated to members
  
205,327
28,968

Results for the year available for discretionary division among members
  
 
-
 
-

There was no other comprehensive income for 2025 (2024:$NIL).

The notes on pages 11 to 16 form part of these financial statements.

Page 7

 


CRITO CAPITAL LLP
REGISTERED NUMBER:OC384167



STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2025

2025
2024
Note
$
$

  

Current assets
  

Debtors: amounts falling due within one year
 8 
119,760
38,607

Cash at bank and in hand
 9 
193,646
388,123

  
313,406
426,730

Creditors: Amounts Falling Due Within One Year
 10 
(75,735)
(58,449)

Net current assets
  
 
 
237,671
 
 
368,281

Total assets less current liabilities
  
237,671
368,281

  

Net assets
  
237,671
368,281


Represented by:
  

Loans and other debts due to members within one year
  

Other amounts
 11 
-
130,610

  
-
130,610

Members' other interests
  

Members' capital classified as equity

  

237,671
237,671

  
 
237,671
 
237,671

  
237,671
368,281


Total members' interests
  

Amounts due from members (included in debtors)
 8 
(108,811)
-

Loans and other debts due to members
 11 
-
130,610

Members' other interests
  
237,671
237,671

  
128,860
368,281


The financial statements were approved and authorised for issue by the Members and were signed on their behalf by: 




T Gillman
On behalf of Crito Group Limited (a director)
Date: 24 July 2025

The notes on pages 11 to 16 form part of these financial statements.

Crito Capital LLP has no equity and, in accordance with the provisions contained within the Statement of Recommended Practice "Accounting by Limited Liability Partnerships", has not presented a Statement of Changes in Equity.
Page 8

 


CRITO CAPITAL LLP
 



RECONCILIATION OF MEMBERS' INTERESTS
FOR THE YEAR ENDED 31 MARCH 2025






EQUITY
Members' other interests
DEBT
Loans and other debts due to members less any amounts due from members in debtors
Total members' interests
Members' capital (classified as equity)
Total
Other amounts
Total
Total

$
$
$
$
$

Amounts due to members 

172,178
172,178


Balance at 1 April 2023 

237,671
237,671
172,178
172,178
409,849

Members' remuneration charged as an expense
 
-
-
(28,968)
(28,968)
(28,968)

Members' interests after profit for the year
 
237,671
237,671
143,210
143,210
380,881

Drawings on account and distribution of profit
-
-
(12,600)
(12,600)
(12,600)

Amounts due to members
 


130,610
130,610


Balance at 31 March 2024
 
237,671
237,671
130,610
130,610
368,281

Losses allocated to members
 
-
-
(205,327)
(205,327)
(205,327)

Members' interests after profit for the year
 
237,671
237,671
(74,717)
(74,717)
162,954

Members interests to other creditors
 
-
-
(34,094)
(34,094)
(34,094)

Amounts due from members
 


(108,811)
(108,811)


Balance at 31 March 2025 
237,671
237,671
(108,811)
(108,811)
128,860

There are no existing restrictions or limitations which impact the ability of the members of the LLP to reduce the amount of Members' other interests.

Page 9

 


CRITO CAPITAL LLP
 



STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025

2025
2024
$
$


Profit for the financial year
-
-

Adjustments for:

Members' remuneration charged as an expense
(205,327)
(28,968)

Decrease in debtors
27,658
262,290

(Decrease) in creditors
(16,808)
(263,065)

Net cash generated from operating activities before transactions with members

(194,477)
(29,743)




Net (decrease) in cash and cash equivalents
(194,477)
(29,743)

Cash and cash equivalents at beginning of year
388,123
417,866

Cash and cash equivalents at the end of year
193,646
388,123


Cash and cash equivalents at the end of year comprise:

Cash at bank and in hand
193,646
388,123

193,646
388,123


The notes on pages 11 to 16 form part of these financial statements.

Page 10

 


CRITO CAPITAL LLP
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1.


General information

Crito Capital LLP is a Limited Liability Partnership incorporated in England and Wales.
The address of the registered office is given on the information page. Its trading address is 11 Bressenden Place,
London, SW1E 5BY. The principal activity of the LLP and the nature of its operations are set out in the members'
report.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice "Accounting by Limited Liability Partnerships".

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the LLP's accounting policies.

The following principal accounting policies have been applied:

  
2.2

Going concern

The LLP has made losses in the year of $205,327, with amounts due from members (included within debtors) of $108,811, however Members Interests overall are $128,860 when taking into account capital held.  Despite the losses, the firm expect that future trade will improve and the LLP will return to profitability. Should there be any further deficits these will be offset by future injections of capital to support the ongoing obligations of the LLP for its capital requirements.  Therefore the Members believe the LLP to be a going concern and the accounts are prepared as such.

Page 11

 


CRITO CAPITAL LLP
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.3

Members' participation rights

Members' participation rights are the rights of a member against the LLP that arise under the members' agreement (for example, in respect of amounts subscribed or otherwise contributed, remuneration and profits). 
Members' participation rights in the earnings or assets of the LLP are analysed between those that are, from the LLP's perspective, either a financial liability or equity, in accordance with Section 22 of FRS 102. 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liability Partnerships'. A member's participation right results in a liability unless the right to any payment is discretionary on the part of the LLP.
Amounts subscribed or otherwise contributed by members, for example members' capital, are classed as equity if the LLP has an unconditional right to refuse payment to members. If the LLP does not have such an unconditional right, such amounts are classified as liabilities.
Where profits and losses are automatically divided as they arise, so the LLP does not have an unconditional right to refuse payment, the amounts arising that are due to members are in the nature of liabilities. They are therefore treated as an expense in the Statement of comprehensive income in the relevant year. To the extent that they remain unpaid at the year end, they are shown as liabilities in the Statement of financial position.
Other amounts applied to members, for example remuneration paid under an employment contract and interest on capital balances, are treated in the same way as all other divisions of profits, as described above, according to whether the LLP has, in each case, an unconditional right to refuse payment.
All amounts due to members that are classified as liabilities are presented in the Statement of financial position within 'Loans and other debts due to members' and are charged to the Statement of comprehensive income within 'Members' remuneration charged as an expense'. Amounts due to members that are classified as equity are shown in the Statement of financial position within 'Members' other interests'.

 
2.4

Foreign currency translation

Functional and presentation currency

The LLP's functional and presentational currency is USD.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

 
2.5

Turnover

The turnover shown in the profit and loss account represents amounts receivable for services provided during
the year in the normal course of business, net of trade discounts.  Commission and fees receivable are recognised in the period in which the service was provided.

 
2.6

Financial instruments

The LLP has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its
Page 12

 


CRITO CAPITAL LLP
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)


2.6
Financial instruments (continued)

financial instruments.

Financial instruments are recognised in the LLP's Statement of Financial Position when the LLP becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally 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.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The LLP's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

 
2.7

Taxation

In accordance with the requirements of the Statement of Recommended Practice ‘Accounting by Limited
Liability Partnerships’ no taxation is required to be disclosed. Tax is borne by the individual members on their
attributable profit shares and not the LLP.


3.


Turnover

The whole of the turnover is attributable to the rendering of services.

Analysis of turnover by country of destination:

2025
2024
$
$

United Kingdom
233,678
222,802

USA
-
1,134,596

233,678
1,357,398



4.


Operating profit

The operating profit is stated after charging:

2025
2024
$
$

Exchange differences
(288)
15,057

Page 13

 


CRITO CAPITAL LLP
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

5.


Auditors' remuneration

2025
2024
$
$
Fees payable to the LLP's auditor for the audit of the LLP's annual financial statements

8,000

7,250
 

2025
2024
$
$
Fees payable to the LLP's auditor and its associates in respect of:
Audit-related assurance services

1,650

1,500
 
Taxation compliance services

1,750

1,600
 
All other services

12,705

7,555
 


6.


Employees




The entity has no employees.


7.


Information in relation to members

2025
2024
Number
Number


The average number of members during the year was
2
2










8.


Debtors

2025
2024
$
$


Trade debtors
10,949
38,607

Amounts due from members
108,811
-

119,760
38,607


Page 14

 


CRITO CAPITAL LLP
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

9.


Cash and cash equivalents

2025
2024
$
$

Cash at bank and in hand
193,646
388,123

193,646
388,123



10.


Creditors: Amounts falling due within one year

2025
2024
$
$

Trade creditors
19,366
29,873

Other creditors
34,094
-

Accruals and deferred income
22,275
28,576

75,735
58,449



11.


Loans and other debts due to members


2025
2024
$
$



Other amounts due to members
-
130,610

-
130,610

Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up.




12.


Analysis of net debt





Page 15

 


CRITO CAPITAL LLP
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
At 1 April 2024
Arising from cash flows
Other non-cash changes
At 31 March 2025
$

$

$

$

Cash at bank and in hand

388,123

(194,477)

-

193,646

Net debt (before members' debt)
388,123
(194,477)
-
193,646

Loans and other debts due to members





Other amounts due to members
(130,610)

-

130,610

-

Net debt


257,513
(194,477)
130,610
193,646


13.


Controlling party

The immediate and ultimate parent is Crito Holdings LLC, which is incorporated in the U.S.A.
The ultimate controlling party is Theodore Gillman.

 
Page 16