Naviter Capital LLP Filleted Accounts Cover
Naviter Capital LLP
Registered No. OC382310
Information for Filing with the Registrar
31 March 2025
Naviter Capital LLP Balance Sheet Registrar
at
31 March 2025
Registered No.
OC382310
Notes
2025
2024
£
£
Fixed assets
Tangible assets
5
5,186
1,488
5,186
1,488
Current assets
Debtors
6
12,414
8,329
Cash at bank and in hand
38,690
20,067
51,104
28,396
Creditors: Amounts falling due within one year
7
(858)
(17,386)
Net current assets
50,246
11,010
Total assets less current liabilities
55,432
12,498
Net assets attributable to members
55,432
12,498
Represented by:
Loans and other debts due to members
3,337,255
3,287,255
Members' other interests
Other reserves
(3,281,823)
(3,274,757)
(3,281,823)
(3,274,757)
55,432
12,498
These accounts have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime.
For the year ended 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 as applied by the Limited Liability Partnerships (Accounts and Audit)(Application of Companies Act 2006) Regulations 2008) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the members have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the members on 06 August 2025 and signed on its behalf by:
G. Assi
Designated member
06 August 2025
Naviter Capital LLP Notes to the Accounts Registrar
for the year ended 31 March 2025
1
General information
Naviter Capital LLP is a limited liability partnership and incorporated in England and Wales.
Its registered number is: OC382310
Its registered office is:
130 Buckingham Palace Road
London
SW1W 9SA
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and in accordance with the Statement of Recommended Practice 'Accounting for Limited Liability Partnerships' issued in December 2018.
2
Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.
Members' remuneration and division of profits
Remuneration is paid to certain members under a contract of employment and is included as an expense in the profit and loss account.

In addition, the LLP agreement provides that fixed amounts, determined for each member each year, be paid to members, irrespective of the profits of the LLP. These amounts are included within members' remuneration charged as an expense.

Profits are treated as being available for discretionary division only if the the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Once agreement has been reached to divide the profits, a members' share in the profit or loss for the year is accounted for as an allocation of profits. Unallocated profits and losses remain included within 'other reserves'.
Tangible fixed assets and depreciation
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Plant and machinery
25% Straight line
Investments
Unlisted investments (except those held as subsidiaries, associates or joint ventures) are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, any changes in fair value are recognised in profit and loss.
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Provisions
Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the balance sheet.
Members' Interests
Members' interests are classified as either equity or debt.

Equity interests comprise any capital introduced classified as equity, any unallocated profits, any revaluation reserve and any other reserves.

Loans and other debts due to members comprise any capital introduced but classified as a liability, any loans from members, amounts due to members in respect of allocated profits less drawings and any other amounts that the LLP is contractually obliged to repay to members.
Foreign currencies
The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.
Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. all differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.
Taxation
Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.
3
Information in relation to members
2025
2024
Number
Number
The average number of members during the year :
2
2
4
Employees
2025
2024
Number
Number
The average number of persons employed during the year was:
2
2
5
Tangible fixed assets
Plant and machinery
Total
£
£
Cost
At 1 April 2024
48,31748,317
Additions
6,9156,915
At 31 March 2025
55,23255,232
Depreciation
At 1 April 2024
46,82946,829
Charge for the year
3,2173,217
At 31 March 2025
50,04650,046
Net book values
At 31 March 2025
5,1865,186
At 31 March 2024
1,488
1,488
6
Debtors
2025
2024
£
£
VAT recoverable
2,1242,985
Other debtors
7,0705,344
Prepayments and accrued income
3,220-
12,4148,329
7
Creditors:
amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
--
Trade creditors
10816,552
Other creditors
-22
Accruals and deferred income
750812
85817,386
8
Loans and other debts due to members
2025
2024
£
£
Loans from members
3,337,255
3,287,255
3,337,255
3,287,255
Amounts falling due within one year
3,337,255
-
3,337,255
3,287,255
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