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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
Angitu Limited is a private limited liability company incorporated in England and Wales. Its registered office address is at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD.
The principal activity of the company is to act as a member of Gemini Capital LLP, a limited liability partnership.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
At the reporting date the company has net liabilities. The director, who is also the controlling party, has confirmed that she has the ability and will support the company so that it will be able to meet its financial obligations as and when they fall due for at least twelve months from the date of approval of the accounts. Therefore, adopting the going concern basis is considered appropriate.
Unlisted investments whose market value can be reliably determined are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.
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The average monthly number of employees, including directors, during the year was 1 (2024 - 1).
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Unlisted investments represent capital invested in Gemini Capital LLP, a limited liability partnership in which the director is a designated member.
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