Acorah Software Products - Accounts Production 16.2.850 false true 30 June 2024 1 July 2023 true No description of principal activity 1 July 2024 30 June 2025 30 June 2025 OC385965 Mr Bilian Lubomirov Balev Mr Gergana Kostova Dryankova-Baleva iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC385965 2024-06-30 OC385965 2025-06-30 OC385965 2024-07-01 2025-06-30 OC385965 frs-core:CurrentFinancialInstruments 2025-06-30 OC385965 frs-core:Non-currentFinancialInstruments 2025-06-30 OC385965 frs-bus:LimitedLiabilityPartnershipLLP 2024-07-01 2025-06-30 OC385965 frs-bus:LimitedLiabilityPartnershipsSORP 2024-07-01 2025-06-30 OC385965 frs-bus:FullAccounts 2024-07-01 2025-06-30 OC385965 frs-bus:SmallEntities 2024-07-01 2025-06-30 OC385965 frs-bus:AuditExemptWithAccountantsReport 2024-07-01 2025-06-30 OC385965 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 OC385965 frs-bus:SmallCompaniesRegimeForDirectorsReport 2024-07-01 2025-06-30 OC385965 frs-core:CostValuation 2024-06-30 OC385965 frs-core:AdditionsToInvestments 2025-06-30 OC385965 frs-core:DisposalsRepaymentsInvestments 2025-06-30 OC385965 frs-core:RevaluationsIncreaseDecreaseInInvestments 2025-06-30 OC385965 frs-core:CostValuation 2025-06-30 OC385965 frs-core:ProvisionsForImpairmentInvestments 2024-06-30 OC385965 frs-core:ProvisionsForImpairmentInvestments 2025-06-30 OC385965 frs-countries:EnglandWales 2024-07-01 2025-06-30 OC385965 frs-bus:PartnerLLP1 2024-07-01 2025-06-30 OC385965 frs-bus:PartnerLLP2 2024-07-01 2025-06-30 OC385965 2023-06-30 OC385965 2024-06-30 OC385965 2023-07-01 2024-06-30 OC385965 frs-core:CurrentFinancialInstruments 2024-06-30 OC385965 frs-core:Non-currentFinancialInstruments 2024-06-30
Registered number: OC385965
FININVEST LLP
Members' Report and
Unaudited Financial Statements
For The Year Ended 30 June 2025
Contents
Page
LLP Information 1
Members' Report 2
Accountant's Report 3
Profit and Loss Account 4
Balance Sheet 5
Notes to the Financial Statements 6—7
Page 1
LLP Information
Designated Members Mr Bilian Lubomirov Balev
Mr Gergana Kostova Dryankova-Baleva
LLP Registration Number OC385965
Registered Office 167-169 Great Portland Street
Fifth Floor
London
England
W1W 5PF
Page 1
Page 2
Members' Report
The members present their report and the financial statements for the year ended 30 June 2025.
Members
The designated members who held office during the year were as follows:
Mr Bilian Lubomirov Balev
Mr Gergana Kostova Dryankova-Baleva
 
Statement of Members' Responsibilities
The members are responsible for preparing the financial statements in accordance with applicable law and regulations.Company law as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 requires the members to prepare financial statements for each financial year. Under that law the members have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law as applied to Limited Liability Partnerships the members must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the LLP and of the profit or loss for that period. In preparing the financial statements the members are required to:
  • select suitable accounting policies and then apply them consistently;
  • make judgments and accounting estimates that are reasonable and prudent;
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the LLP will continue in business.
The members are responsible for keeping adequate accounting records that are sufficient to show and explain the LLP's transactions and disclose with reasonable accuracy at any time the financial position of the LLP and enable them to ensure that the financial statements comply with the Companies Act 2006 as modified by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008. They are also responsible for safeguarding the assets of the LLP and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The members are responsible for the maintenance and integrity of the corporate and financial information included on the LLP's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Signed on behalf of the members by
Mr Bilian Lubomirov Balev
Designated Member
10/11/2025
Page 2
Page 3
Accountant's Report
In accordance with the engagement letter dated 02 March 2015, and in order to assist you to fulfil your duties under the Companies Act 2006 as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have compiled the financial statements of the LLP from the accounting records and information and explanations you have given to us.
This report is made to the partners in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the partners the financial statements that we have been engaged to compile, to report to the partners that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the partnership and the partners for our work or for this report.
You have acknowledged on the balance sheet as at year ended 30 June 2025 your duty to ensure that the partnership has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the LLP is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
10/11/2025
Page 3
Page 4
Profit and Loss Account
2025 2024
Notes £ £
Administrative expenses 409,809 (350,807 )
OPERATING PROFIT/(LOSS) 409,809 (350,807 )
Income from other fixed asset investments 46,800 43,068
Profit on disposal of current asset investments 69,520 493,429
Interest payable and similar charges (139,108 ) (186,737 )
PROFIT/(LOSS) FOR THE FINANCIAL YEAR AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS 387,021 (1,047 )
The notes on pages 6 to 7 form part of these financial statements.
Page 4
Page 5
Balance Sheet
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investments 4 4,491,542 5,674,188
4,491,542 5,674,188
CURRENT ASSETS
Debtors 5 1,374,935 607,070
Cash at bank and in hand 184,562 38,141
1,559,497 645,211
Creditors: Amounts Falling Due Within One Year 6 (2,597,575 ) (2,874,865 )
NET CURRENT ASSETS (LIABILITIES) (1,038,078 ) (2,229,654 )
TOTAL ASSETS LESS CURRENT LIABILITIES 3,453,464 3,444,534
NET ASSETS ATTRIBUTABLE TO MEMBERS 3,453,464 3,444,534
REPRESENTED BY:
Equity
Members' other interests
Members' capital 1,341,583 1,719,674
Other reserves 2,111,881 1,724,860
3,453,464 3,444,534
TOTAL MEMBERS' INTEREST
Amounts due from members (1,688) (1,688)
Members' other interests 3,453,464 3,444,534
3,451,776 3,442,846
For the year ending 30 June 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 applicable to LLPs subject to the small LLPs regime.)
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 in accordance with the provisions applicable to LLPs subject to the small LLPs regime.
On behalf of the members
Mr Bilian Lubomirov Balev
Designated Member
10/11/2025
The notes on pages 6 to 7 form part of these financial statements.
Page 5
Page 6
Notes to the Financial Statements
1. General Information
FININVEST LLP is a limited liability partnership, incorporated in England & Wales, registered number OC385965 . The Registered Office is 167-169 Great Portland Street, Fifth Floor, London, England, W1W 5PF.
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 May 2024 (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. 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 year was:
2025 2024
Office and administration 2 2
2 2
4. Investments
Other
£
Cost
As at 1 July 2024 5,674,188
Additions 7,767,780
Disposals (9,202,845 )
Revaluations 252,419
As at 30 June 2025 4,491,542
Provision
As at 1 July 2024 -
As at 30 June 2025 -
Net Book Value
As at 30 June 2025 4,491,542
As at 1 July 2024 5,674,188
Page 6
Page 7
5. Debtors
2025 2024
£ £
Due within one year
Other debtors 366,336 366,336
Amounts due from members 1,688 1,688
368,024 368,024
Due after more than one year
Other debtors 841,531 133,210
Amounts owed by group undertakings 165,380 105,836
1,006,911 239,046
1,374,935 607,070
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors - (1 )
Bank loans and overdrafts 2,595,735 2,873,026
Accruals and deferred income 1,840 1,840
2,597,575 2,874,865
7. Member's Account
The outstanding amount of loan/receivable from Bilian Balev as of 30 June 2025 is € 119,095.50.
Page 7