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REGISTERED NUMBER: OC381082 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Traderoutes Capital LLP
Traderoutes Capital LLP (Registered number: OC381082)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Traderoutes Capital LLP

General Information
for the Year Ended 31 December 2024







DESIGNATED MEMBERS: B Hakham
Mrs A Hakham





REGISTERED OFFICE: 41 Twyford Avenue
London
N2 9NU





REGISTERED NUMBER: OC381082 (England and Wales)





ACCOUNTANTS: C B Davis
41 Twyford Avenue
London
N2 9NU
Page 1
Traderoutes Capital LLP (Registered number: OC381082)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £   
CURRENT ASSETS
Debtors 5 53,301 21,433
Cash at bank 58,974 97,815
112,275 119,248
CREDITORS
Amounts falling due within one year 6 (20,810 ) (17,004 )
NET CURRENT ASSETS 91,465 102,244
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS
91,465
102,244

LOANS AND OTHER DEBTS DUE TO
MEMBERS
7
16,465
35,244

MEMBERS' OTHER INTERESTS
Capital accounts 75,000 67,000
91,465 102,244

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 16,465 35,244
Members' other interests 75,000 67,000
91,465 102,244

The LLP is 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 for the year ended 31 December 2024.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements 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 financial statements, so far as applicable to the LLP.

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 Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 30 December 2025 and were signed by:





B Hakham - Designated member

The notes form part of these financial statements

Page 2
Traderoutes Capital LLP (Registered number: OC381082)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Traderoutes Capital LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

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. The financial statements have been prepared under the historical cost convention.

The LLP’s financial statements are prepared on a going concern basis, that is, the financial statements have been prepared on the assumption that the LLP will continue in operational existence for the foreseeable future. The LLP has sufficient cash for a period at least twelve months from the date of approval of these financial statements. The members therefore consider that the going concern basis of accounting remains appropriate.

Significant judgements and estimates
In the application of the company's accounting policies, the members are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Turnover
Turnover represents net invoiced fees for investment management and advisory services, excluding value added tax. Income is recognised when earned, with performance fees accrued if earned at each reporting date. Management services fee and advisory fees are recognised when the LLP obtains the right for consideration in exchange for its investment management services and advisory fees.

Management fees
Management fees are recognised when the LLP obtains the right for consideration in exchange for its investment management services.

Advisory and Performance fees
Performance fees represent fees that are payable in the even that the performance of the underlying investment exceeds a predetermined benchmark.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net
of depreciation and any impairment losses.

Financial instruments
Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instruments.

Financial liabilities and equity instruments are classified according to the substance of the contractual
arrangements entered into.

All the financial assets and liabilities, i.e. payables and receivables are initially measured at transaction price
(including transaction costs).

The LLP only enters into basic financial instrument transactions that result in the recognition of
financial assets and liabilities like trade and other debtors and creditors, loans from banks and other
third parties, loans to related parties and investments in ordinary shares.

Page 3 continued...
Traderoutes Capital LLP (Registered number: OC381082)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued

Foreign currencies
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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Cash and cash equivalents

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024
and 31 December 2024 6,581
DEPRECIATION
At 1 January 2024
and 31 December 2024 6,581
NET BOOK VALUE
At 31 December 2024 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Other debtors 53,301 21,433

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 5,612 3,853
Other creditors 15,198 13,151
20,810 17,004

7. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members represent allocated profits not yet paid to members and are due within one year and would rank after unsecured creditors in the event of a winding-up.

8. RELATED PARTY DISCLOSURES

9. ULTIMATE CONTROLLING PARTY

The controlling party is B Hakham.

The ultimate controlling party is B Hakham.

Page 4