Flexagon Capital Solutions LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: OC396554

		31 March 2025		31 December 2023
	Notes	£	£	£	£
FIXED ASSETS
Investments	4		45,076		45,076

			45,076		45,076
CURRENT ASSETS
Debtors	5	225,223		192,382
Cash at bank and in hand		58,601		29,011

		283,824		221,393
Creditors: Amounts Falling Due Within One Year	6	(227,654 )		(183,947 )

NET CURRENT ASSETS (LIABILITIES)			56,170		37,446

TOTAL ASSETS LESS CURRENT LIABILITIES			101,246		82,522

NET ASSETS ATTRIBUTABLE TO MEMBERS			101,246		82,522

REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability		836		836
Other amounts		18,724		-

			19,560		836

Equity
Members' other interests
Members' capital		202,500		202,500
Other reserves		(120,814)		(120,814)

			81,686		81,686

			101,246		82,522

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year			19,560		836
Members' other interests			81,686		81,686

			101,246		82,522

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Flexagon Capital Solutions LLP

Balance Sheet (continued)

As At 31 March 2025

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 Daniele Bartoccioni Menconi

Designated Member

15/10/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Flexagon Capital Solutions LLP is a limited liability partnership, incorporated in England & Wales, registered number OC396554 . The Registered Office is 85, Great Portland Street, London, W1W 7LT.

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.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the period was: 1 (2023: 1)

4. Investments

	Unlisted
	£
Cost
As at 1 January 2024	45,076

As at 31 March 2025	45,076

Provision
As at 1 January 2024	-

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	45,076

As at 1 January 2024	45,076

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Flexagon Capital Solutions LLP

Notes to the Financial Statements (continued)

For the Period 1 January 2024 to 31 March 2025

5. Debtors

	31 March 2025	31 December 2023
	£	£
Due within one year
Trade debtors	237,070	36,833
Amounts owed by group undertakings	(19,226)	1,652
Other debtors	7,379	153,897

	225,223	192,382

6. Creditors: Amounts Falling Due Within One Year

	31 March 2025	31 December 2023
	£	£
Trade creditors	15,535	39,469
Bank loans and overdrafts	599	-
Other creditors	208,447	144,220
Taxation and social security	3,073	258

	227,654	183,947

7. FRC's Ethical Standard - Provision Available for Small Entities

In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

8. Audit Information

The auditor's report on the accounts of Flexagon Capital Solutions LLP for the period ended 31 March 2025 was unqualified.

The auditor's report was signed by Hemal Doshi (Senior Statutory Auditor) for and on behalf of RDH Accountants Ltd , Statutory Auditor.

RDH Accountants Ltd

21 High Street

Harrow on the Hill

Middlesex

HA1 3HT

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