CIRCULARITY CAPITAL LLP

Company Registration Number:
OC392877 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 October 2023

End date: 31 December 2024

CIRCULARITY CAPITAL LLP

Contents of the Financial Statements

for the Period Ended 31 December 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes

CIRCULARITY CAPITAL LLP

Directors' report period ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Principal activities of the company

The principal activity of the Partnership is to provide fund management services. The Partnership is authorised and regulated by the Financial Conduct Authority.



Directors

The directors shown below have held office during the whole of the period from
1 October 2023 to 31 December 2024

Jamie Butterworth
Andrew Shannon
Ian Nolan


The director shown below has held office during the whole of the period from
1 October 2023 to 31 December 2024

David Mowat


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
23 April 2025

And signed on behalf of the board by:
Name: Andrew Shannon
Status: Director

CIRCULARITY CAPITAL LLP

Balance sheet

As at 31 December 2024

Notes 15 months to 31 December 2024 2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 209,888 276,852
Investments: 4 20,091 4,841
Total fixed assets: 229,979 281,693
Current assets
Stocks:   0 0
Debtors: 5 722,606 1,129,341
Cash at bank and in hand: 318,861 1,282,995
Investments:   0 0
Total current assets: 1,041,467 2,412,336
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 6 ( 969,414 ) ( 2,142,538 )
Net current assets (liabilities): 72,053 269,798
Total assets less current liabilities: 302,032 551,491
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 302,032 551,491
Capital and reserves
Called up share capital: 5,000 5,000
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: 297,032 546,491
Total Shareholders' funds: 302,032 551,491

The notes form part of these financial statements

CIRCULARITY CAPITAL LLP

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 23 April 2025
and signed on behalf of the board by:

Name: Andrew Shannon
Status: Director

The notes form part of these financial statements

CIRCULARITY CAPITAL LLP

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at cost, net of depreciation and any provision for impairment. Depreciation is provided at annual rates in order to write off the cost of an asset, less it estimated residual value, over the useful economic life of that asset, as follows: Computer Equipment - 33.33% straight line Office Equipment – 20% straight line Office Fit Out – 20% straight line The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

CIRCULARITY CAPITAL LLP

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    15 months to 31 December 2024 2023
    Average number of employees during the period 12 9

CIRCULARITY CAPITAL LLP

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 October 2023 323,513 323,513
Additions 27,664 27,664
Disposals 0 0
Revaluations 0 0
Transfers 0 0
At 31 December 2024 351,177 351,177
Depreciation
At 1 October 2023 46,661 46,661
Charge for year 94,628 94,628
On disposals 0 0
Other adjustments 0 0
At 31 December 2024 141,289 141,289
Net book value
At 31 December 2024 209,888 209,888
At 30 September 2023 276,852 276,852

CIRCULARITY CAPITAL LLP

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Fixed assets investments note

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

CIRCULARITY CAPITAL LLP

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Debtors

15 months to 31 December 2024 2023
£ £
Other debtors 722,606 1,129,341
Total 722,606 1,129,341

CIRCULARITY CAPITAL LLP

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Creditors: amounts falling due within one year note

15 months to 31 December 2024 2023
£ £
Other creditors 969,414 2,142,538
Total 969,414 2,142,538