IRIS Accounts Production v25.1.4.42 OC375252 designated member 1.1.24 31.12.24 31.12.24 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhOC3752522023-12-31OC3752522024-12-31OC3752522024-01-012024-12-31OC3752522022-12-31OC3752522023-01-012023-12-31OC3752522023-12-31OC375252ns15:EnglandWales2024-01-012024-12-31OC375252ns14:Euro2024-01-012024-12-31OC375252ns10:PartnerLLP12024-01-012024-12-31OC375252ns10:LimitedLiabilityPartnershipLLP2024-01-012024-12-31OC375252ns10:SmallEntities2024-01-012024-12-31OC375252ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-31OC375252ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-31OC375252ns10:LimitedLiabilityPartnershipsSORP2024-01-012024-12-31OC375252ns10:FullAccounts2024-01-012024-12-31OC375252ns5:CurrentFinancialInstruments2024-12-31OC375252ns5:CurrentFinancialInstruments2023-12-31OC375252ns5:Non-currentFinancialInstruments2024-12-31OC375252ns5:Non-currentFinancialInstruments2023-12-31OC375252ns10:RegisteredOffice2024-01-012024-12-31OC375252ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-31OC375252ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-31OC375252ns5:Non-currentFinancialInstruments2024-01-012024-12-31OC375252ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-12-31OC375252ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-12-31
REGISTERED NUMBER: OC375252 (England and Wales)










FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

BECCAMO LLP
BECCAMO LLP (REGISTERED NUMBER: OC375252)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Statement of Financial Position 1

Notes to the Financial Statements 2


BECCAMO LLP (REGISTERED NUMBER: OC375252)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2024

2024 2023
Notes €    €    €    €   
FIXED ASSETS
Investment property 4 5,084,369 5,084,369

CURRENT ASSETS
Debtors 5 1,031,053 1,031,053
Cash at bank 381,895 1,044,680
1,412,948 2,075,733
CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR
6
228,507
224,760
NET CURRENT ASSETS 1,184,441 1,850,973
TOTAL ASSETS LESS CURRENT
LIABILITIES
6,268,810
6,935,342

CREDITORS: AMOUNTS FALLING DUE
AFTER MORE THAN ONE YEAR
7
3,320,000
4,120,000
NET ASSETS ATTRIBUTABLE TO MEMBERS 2,948,810 2,815,342

LOANS AND OTHER DEBTS DUE TO
MEMBERS
10
2,948,810
2,815,342

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 10 2,948,810 2,815,342

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 December 2024.

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.

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 23 September 2025 and were signed by:



Calverston Investments Limited - Designated member

The notes form part of these financial statements

Page 1
BECCAMO LLP (REGISTERED NUMBER: OC375252)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Beccamo LLP is registered in England and Wales. The LLP's registered number and registered office address are as below:

Registered number: OC375252

Registered office: 1 Kings Avenue
London
N21 3NA

The presentation currency of the financial statements is the Euro (€).


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.

Significant judgements and estimates
In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period. or in the period of the revision and future periods where the revision affects both current and future periods.

There are significant judgements or estimates involved in the preparation of the financial statements.

Revenue
Revenue represents the value of rental income chargeable in respect of the company's investment property. Revenue is recognised evenly over the period of the rental agreement.

Investment property
Investment property, which is property held to earn rentals, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure.

Subsequently it is measured at fair value at the reporting date. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position 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.

Cash and cash equivalent
Cash and cash equivalents in the statement of financial position comprise cash at banks and in hand, short term deposits with an original maturity date of one month. Cash equivalents are defined as short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value.

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss.

Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss.

Page 2 continued...
BECCAMO LLP (REGISTERED NUMBER: OC375252)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2023 - NIL).

4. INVESTMENT PROPERTY
Total
€   
FAIR VALUE
At 1 January 2024
and 31 December 2024 5,084,369
NET BOOK VALUE
At 31 December 2024 5,084,369
At 31 December 2023 5,084,369

The members consider the market value of the properties as at year-end to be as stated in the financial statements.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
€    €   
Other debtors 1,031,053 1,031,053

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
€    €   
Trade creditors 3,599 -
Other creditors 224,908 224,760
228,507 224,760

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024 2023
Other loans€ €
3,320,000 4,120,000

8. LOANS

An analysis of the maturity of loans is given below:

2024 2023
€    €   
Amounts falling due between two and five years:
Other loans - 2-5 years 3,320,000 4,120,000

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
€    €   
Other loans - 2-5 years 3,320,000 4,120,000

The loan is secured against the pledge of the designated members of the LLP.

Page 3 continued...
BECCAMO LLP (REGISTERED NUMBER: OC375252)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

10. LOANS AND OTHER DEBTS DUE TO MEMBERS
2024 2023
€    €   
Loans from members 2,432,000 2,432,000
Amounts owed to members in respect of profits 516,810 383,342
2,948,810 2,815,342

Falling due within one year 2,948,810 2,815,342

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

11. RELATED PARTY DISCLOSURES

Included in other debtors due within one year is an amount of €1,031,053 (2023: €1,031,053) due from a connected company with common control.The amount is interest free and recoverable on demand.

Included in other creditors due within one year is an amount of €221,310 (2023: €221,310) due to the connected companies with common control. The amount is interest free and repayable on demand.

Page 4