Acorah Software Products - Accounts Production 16.5.460 true true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 OC435019 Mr Keiron Allen Lovell Group Ltd Mr Raymond Lovell ThePayMaster (Global) Ltd Genre Base Ltd iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC435019 2024-01-31 OC435019 2025-01-31 OC435019 2024-02-01 2025-01-31 OC435019 frs-bus:LimitedLiabilityPartnershipLLP 2024-02-01 2025-01-31 OC435019 frs-bus:LimitedLiabilityPartnershipsSORP 2024-02-01 2025-01-31 OC435019 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 OC435019 frs-bus:SmallEntities 2024-02-01 2025-01-31 OC435019 frs-bus:EntityHasNeverTraded 2024-02-01 2025-01-31 OC435019 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 OC435019 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 OC435019 frs-countries:EnglandWales 2024-02-01 2025-01-31 OC435019 frs-bus:PartnerLLP1 2024-02-01 2025-01-31 OC435019 frs-bus:PartnerLLP2 2024-02-01 2025-01-31 OC435019 frs-bus:PartnerLLP3 2024-02-01 2025-01-31 OC435019 frs-bus:PartnerLLP4 2024-02-01 2025-01-31 OC435019 frs-bus:PartnerLLP5 2024-02-01 2025-01-31 OC435019 2023-01-31 OC435019 2024-01-31 OC435019 2023-02-01 2024-01-31
Registered number: OC435019
Karl Finance LLP
Unaudited Financial Statements
For The Year Ended 31 January 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: OC435019
2025 2024
Notes £ £ £ £
TOTAL ASSETS LESS CURRENT LIABILITIES - -
NET ASSETS ATTRIBUTABLE TO MEMBERS - -
REPRESENTED BY:
Loans and other debts due to members within one year - -
- -
TOTAL MEMBERS' INTEREST
- -
For the year ending 31 January 2025 the LLP was entitled to exemption from audit under section 480 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008) relating to dormant LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.
The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.
On behalf of the members
Mr Keiron Allen
Designated Member
10/10/2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Karl Finance LLP is a limited liability partnership, incorporated in England & Wales, registered number OC435019 . The Registered Office is 3rd Floor, 43 Upper Grosvenor Street, London, W1K 2NJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).
The financial statements are prepared in sterling which is the functional currency of the LLP.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: 2 (2024: 2)
2 2
Page 2