Yoo Capital Advisors LLP Filleted accounts for Companies House (small and micro)

REGISTERED NUMBER: OC404013

Yoo Capital Advisors LLP

Filleted Unaudited Accounts

31 March 2025

Yoo Capital Advisors LLP

Statement of Financial Position

31 March 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	14,389	19,993

Current assets

Debtors	6	984,129	403,959
Cash at bank and in hand		960,592	593,200
		------------	---------
		1,944,721	997,159

Creditors: amounts falling due within one year	7	( 1,797,626)	( 967,793)
		------------	---------
Net current assets		147,095	29,366
		---------	--------
Total assets less current liabilities		161,484	49,359
		---------	--------
Net assets		161,484	49,359
		---------	--------

Represented by:

Loans and other debts due to members

Other amounts	8	161,484	49,359
		---------	--------

Members' other interests

Other reserves	–	–
	---------	--------
	161,484	49,359
	---------	--------

Total members' interests

Amounts due from members		(749)	(2,587)
Loans and other debts due to members	8	161,484	49,359
Members' other interests		–	–
		---------	--------
		160,735	46,772
		---------	--------

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006 (as applied to LLPs), the statement of income and retained earnings has not been delivered.

For the year ending 31 March 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) relating to small LLPs.

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 .

Yoo Capital Advisors LLP

Statement of Financial Position (continued)

31 March 2025

These accounts were approved by the members and authorised for issue on 19 December 2025 , and are signed on their behalf by:

J Hitchcox

Designated Member

Registered number: OC404013

Yoo Capital Advisors LLP

Notes to the Accounts

Year ended 31 March 2025

1.	General information

The LLP is registered in England and Wales. The address of the registered office is 2 Bentinck Street, London, W1U 2FA.

2.	Statement of compliance

These accounts have been prepared in compliance with Section 1A FRS102,'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021

3.	Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

In the Members opinion based on current budgets, positive cash balances and its working capital requirements, the company has sufficient funds to meet its liabilities for at least twelve months from approval of these accounts. The company will also continue to rely on on-going support from its ultimate controlling party.

Revenue recognition

Revenue is measured at the fair value of consideration received for services rendered net of Value Added Tax. Revenue of services are recognised over the term of contract in relation to services rendered in the year adjusted for deferred and accrued services.

Members' participation rights

Members' participation rights are the rights of a member against the LLP that arise under the members' agreement (for example, in respect of amounts subscribed or otherwise contributed, remuneration and profits).

Members' participation rights in the earnings or assets of the LLP are analysed between those that are, from the LLP's perspective, either a financial liability or equity, in accordance with Section 22 of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liability Partnerships'. A member's participation right results in a liability unless the right to any payment is discretionary on the part of the LLP.

Amounts subscribed or otherwise contributed by members, for example members' capital, are classed as equity if the LLP has an unconditional right to refuse payment to members. If the LLP does not have such an unconditional right, such amounts are classified as liabilities.

Where profits are automatically divided as they arise, so the LLP does not have an unconditional right to refuse payment, the amounts arising that are due to members are in the nature of liabilities. They are therefore treated as an expense in the statement of income and retained earnings in the relevant year. To the extent that they remain unpaid at the year end, they are shown as liabilities in the statement of financial position.

Conversely, where profits are divided only after a decision by the LLP or its representative, so that the LLP has an unconditional right to refuse payment, such profits are classed as an appropriation of equity rather than as an expense. They are therefore shown as a residual amount available for discretionary division among members in the statement of income and retained earnings and are equity appropriations in the statement of financial position.

Other amounts applied to members, for example remuneration paid under an employment contract and interest on capital balances, are treated in the same way as all other divisions of profits, as described above, according to whether the LLP has, in each case, an unconditional right to refuse payment.

All amounts due to members that are classified as liabilities are presented in the statement of financial position within 'Loans and other debts due to members' and are charged to the statement of income and retained earnings within 'Members' remuneration charged as an expense'. Amounts due to members that are classified as equity are shown in the statement of financial position within 'Members' other interests'.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures, fittings and equipment	-	15% straight line
Equipment	-	15% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the LLP are assigned to those units.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

4.	Employee numbers

The average number of persons employed by the LLP during the year, including the members with contracts of employment, amounted to Nil (2024: Nil).

5.	Tangible assets

	Fixtures and fittings	Equipment	Total
	£	£	£
Cost
At 1 April 2024 and 31 March 2025	269	40,172	40,441
	----	--------	--------
Depreciation
At 1 April 2024	80	20,368	20,448
Charge for the year	40	5,564	5,604
	----	--------	--------
At 31 March 2025	120	25,932	26,052
	----	--------	--------
Carrying amount
At 31 March 2025	149	14,240	14,389
	----	--------	--------
At 31 March 2024	189	19,804	19,993
	----	--------	--------

6.	Debtors

	2025	2024
	£	£
Trade debtors	576,568	–
Prepayments and accrued income	18,445	18,592
Amounts due from members	749	2,587
Other debtors	388,367	382,780
	---------	---------
	984,129	403,959
	---------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	772,567	1,906
Accruals and deferred income	522,390	618,715
Social security and other taxes	18	–
Other creditors	502,651	347,172
	------------	---------
	1,797,626	967,793
	------------	---------

8.	Loans and other debts due to members

	2025	2024
	£	£
Amounts owed to members in respect of profits	161,484	49,359
	---------	--------

9.	Related party transactions

At 31 March 2025, amounts owed to entities related by virtue of common ownership totalled £1,275,151 (2024: £347,171) and amounts owed from entities related by virtue of common ownership totalled £964,936 (2024: £382,779). During the year services provided to entities related by virtue of common ownership totalled £460,990 (2024: £758,548) and services received from entities related by common ownership totalled £1,341,128 (2024: £327,016).