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REGISTERED NUMBER: OC395619 (England and Wales)








Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Capax Resource Management UK LLP

Capax Resource Management UK LLP (Registered number: OC395619)

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










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Capax Resource Management UK LLP

General Information
for the Year Ended 31 March 2025







DESIGNATED MEMBERS: N W Beckett
A Brown
S J Horn





REGISTERED OFFICE: Fox Court
14 Grays Inn Road
London
WC1X 8HN





REGISTERED NUMBER: OC395619 (England and Wales)





ACCOUNTANTS: Lane Monnington Welton
Chartered Accountants
Riverside View
Basing Road
Old Basing
Basingstoke
Hampshire
RG24 7AL

Capax Resource Management UK LLP (Registered number: OC395619)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,294 21,334

CURRENT ASSETS
Debtors 5 729,378 531,008

CREDITORS
Amounts falling due within one year 6 645,635 540,675
NET CURRENT ASSETS/(LIABILITIES) 83,743 (9,667 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

93,037

11,667

CREDITORS
Amounts falling due after more than one
year

7

1,667

11,667
NET ASSETS ATTRIBUTABLE TO
MEMBERS

91,370

-

LOANS AND OTHER DEBTS DUE TO
MEMBERS

9

91,370

-

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 9 91,370 -
Amounts due from members 5 - (137,635 )
91,370 (137,635 )

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.

Capax Resource Management UK LLP (Registered number: OC395619)

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 11 August 2025 and were signed by:





N W Beckett - Designated member

Capax Resource Management UK LLP (Registered number: OC395619)

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


1. STATUTORY INFORMATION

Capax Resource Management UK 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.
Fixtures and fittings - 25% on cost
Computer equipment - 33% on cost

Financial instruments
Debtors and creditors payable/receivable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price, including transaction costs. Subsequently they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

Pension costs and other post-retirement benefits
The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

Impairment
Assets not measured at fair value are reviewed for any indication that an asset may be impaired at each balance sheet date. The directors review the carrying amount of the relevant assets and compare them to their market values and recoverable amounts. Where the carrying amount exceeds this, an impairment loss is recognised in profit or loss, unless the asset is carried at a revalued amount, where the impairment loss is a revaluation decrease.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 26 (2024 - 42 ) .

Capax Resource Management UK LLP (Registered number: OC395619)

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


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2024 7,170 84,899 92,069
Additions - 6,960 6,960
At 31 March 2025 7,170 91,859 99,029
DEPRECIATION
At 1 April 2024 5,203 65,532 70,735
Charge for year 1,126 17,874 19,000
At 31 March 2025 6,329 83,406 89,735
NET BOOK VALUE
At 31 March 2025 841 8,453 9,294
At 31 March 2024 1,967 19,367 21,334

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 427,755 304,348
Other debtors 301,623 226,660
729,378 531,008

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts 91,364 76,917
Trade creditors 150,465 114,944
Taxation and social security 16,866 134,601
Other creditors 386,940 214,213
645,635 540,675

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Bank loans 1,667 11,667

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.3.25 31.3.24
£    £   
Within one year 33,480 27,600

Capax Resource Management UK LLP (Registered number: OC395619)

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


9. LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of winding up, members' other interests rank after secured creditors. Loans and other debts due to members rank pari passu with unsecured creditors in the event of a winding up.

There is no further formal protection afforded to creditors in the event of a winding up.

There are no restrictions on the ability of members to reduce the amount of members' other interests.