Company No:
Contents
| DESIGNATED MEMBERS | City Entrepreneurship Limited |
| L J Coyle | |
| O M Finch | |
| H M Reynolds |
| REGISTERED OFFICE | 106 Bunhill Row |
| London | |
| EC1Y 8TZ | |
| United Kingdom |
| REGISTERED NUMBER | OC404012 (England and Wales) |
| ACCOUNTANT | S&W Partners (South East) Limited |
| Brockbourne House | |
| 77 Mount Ephraim | |
| Royal Tunbridge Wells | |
| TN4 8BS |
| Note | 2025 | 2024 | ||
| £ | £ | |||
| Fixed assets | ||||
| Investments | 4 |
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| 563 | 563 | |||
| Net current assets | 0 | 0 | ||
| Total assets less current liabilities | 563 | 563 | ||
| Net assets attributable to members |
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| Represented by | ||||
| Members' other interests | ||||
| Members' capital classified as equity | 563 | 563 | ||
| 563 | 563 | |||
| 563 | 563 | |||
| Total members' interests | ||||
| Members' other interests | 563 | 563 | ||
| 563 | 563 |
Members' responsibilities:
The financial statements of Cass Entrepreneurship CI Investments 2016 LLP (registered number:
|
H M Reynolds
Designated member |
| EQUITY Members' other interests |
Total members' interests | |
|---|---|---|
| Members' capital (classified as equity) | Total | |
| £ | £ | |
| Balance at 01 April 2023 | 563 | 563 |
| Members' interest after result for the financial year | 563 | 563 |
| Balance at 31 March 2024 | 563 | 563 |
| Members' interest after result for the financial year | 563 | 563 |
| Balance at 31 March 2025 | 563 | 563 |
There are no existing restrictions or limitations which impact the ability of the members of the LLP to reduce the amount of Members' other interests
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.
Cass Entrepreneurship CI Investments 2016 LLP is a limited liability partnership, incorporated in the United Kingdom under the Limited Liability Partnerships Act 2000 and is registered in England and Wales. The address of the LLP's registered office is 106 Bunhill Row, London, EC1Y 8TZ, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The functional currency of Cass Entrepreneurship CI Investments 2016 LLP is considered to be pounds sterling because that is the currency of the primary economic environment in which the LLP operates.
These financial statements are separate financial statements.
The financial statements have been prepared on a going concern basis.
The members have made an assessment in preparing these financial statements as to whether the LLP is a going concern and have concluded that there are no material uncertainties that may cast significant doubt on the LLP's ability to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements.
Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.
Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.
Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
Profits arising after the absorption of accumulated losses are divided between members and credited to the members' current accounts with the LLP following approval of the annual financial statements for the relevant year by the members.
Losses are accumulated within other reserves.
In determining the value of the investments held by the LLP, the members consider all relevant available information. The members will use their judgement and apply their experience within the industry and markets to ensure that the investments are measured at cost less any deemed impairment.
| 2025 | 2024 | ||
| Number | Number | ||
| Monthly average number of persons employed, including members, by the LLP during the year |
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| Other investments | Total | ||
| £ | £ | ||
| Cost or valuation before impairment | |||
| At 01 April 2024 |
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| At 31 March 2025 |
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| Carrying value at 31 March 2025 |
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| Carrying value at 31 March 2024 |
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