Registered number: OC421593
Unaudited financial statements
for the year ended 31 March 2025
for
TPA Capital LLP
Pages for filing with the Registrar
Registered number: OC421593
TPA Capital LLP
Balance sheet
as at 31 March 2025
31 Mar 25 31 Mar 24
Note £ £ £ £
Fixed assets
Tangible assets 4 4,939 6,768
Investments 5 82,537 175,429
87,476 182,197
Current assets
Debtors 506,749 562,184
Cash at bank and in hand 387,750 187,790
894,499 749,974
Creditors: amounts falling due within one
year 		(241,368) (346,150)
Net current assets 653,131 403,824
Total assets less current liabilities 740,607 586,021
NET ASSETS ATTRIBUTABLE TO
MEMBERS 		740,607 586,021
Represented by:
Loans and other debts due to members
Members' capital classified as a liability 740,607 586,021
740,607 586,021
Members' total interests
Loans and other debts due to members 740,607 586,021
740,607 586,021
The LLP was 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 relating to small LLPs for the year ended 31 March 2025.
The members acknowledge their responsibilities to comply with the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 in respect to accounting records and the preparation of financial statements.
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Registered number: OC421593
TPA Capital LLP
Balance sheet - continued
as at 31 March 2025
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the members and authorised for issue on 2 December 2025 and signed on their behalf by:
Mr G Allen, Designated Member
2 December 2025
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TPA Capital LLP
Notes to the financial statements
for the year ended 31 March 2025
1 General information
TPA Capital LLP is a limited liability partnership registered in England and Wales. Its registered number is OC421593. Its registered office is Hillier Hopkins, First Floor, Radius House, Watford, Hertfordshire, WD17 1HP.
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 and the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008. The financial statements have been prepared under the historic cost convention.
Going concern
In preparing these financial statements, the members have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the LLP's ability to continue as a going concern. In making this assessment, the members take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The members consider that the LLP has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Office equipment - 20% straight line
Computer equipment` - 25% straight line
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TPA Capital LLP
Notes to the financial statements - continued
for the year ended 31 March 2025
2 Accounting policies - continued
Members' transactions with the LLP
Each member's subscription to the capital of the LLP is determined by their share of the profit and is repayable following retirement from the LLP.

Details of changes in members' capital in the year ended 31 March 2025 are set out in the financial statements.

A division of profits is the mechanism by which the profits of an LLP become a debt due to members. A division may be automatic or discretionary, may relate to some or all of the profits for a financial period and may take place during or after the end of a financial period.

An automatic division of profits is one where the LLP does not have an unconditional right to avoid making a division of an amount of profits based on the members' agreement in force at the time, whereas a discretionary division of profits requires a decision to be made by the LLP, which it has the unconditional right to avoid making.

Members are remunerated from the profits of the LLP and are required to make their own provision for pensions and other benefits. Profits are allocated and divided between members after finalisation of the financial statements. Members draw a proportion of their profit shares monthly during the year in which it is made, with the balance of profits being distributed after the year, subject to the cash requirements of the business.
3 Average number of employees
During the year the average number of employees was 6 (2024 - 6).
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 April 2024 22,356
Additions 2,036
At 31 March 2025 24,392
Depreciation
At 1 April 2024 15,588
Charge for year 3,865
At 31 March 2025 19,453
Net book value
At 31 March 2025 4,939
At 31 March 2024 6,768
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TPA Capital LLP
Notes to the financial statements - continued
for the year ended 31 March 2025
4 Tangible fixed assets - continued
Cost or valuation at 31 March 2025 is represented by:
Plant and
machinery
etc.
£
Valuation in 2025 -
Cost 24,392
24,392
If plant and machinery had not been revalued, they would have been included at the following historical cost:
31 Mar 25 31 Mar 24
£ £
Cost 24,392 22,356
Accumulated depreciation 19,453 15,588
5 Fixed asset investments
Investments other than loans
Other
investments
other than
loans
£
Cost
At 1 April 2024 175,429
Impairments (92,892)
At 31 March 2025 82,537
Net book value
At 31 March 2025 82,537
At 31 March 2024 175,429
6 Principal activities
The principal object of the LLP is to provide financial services.
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