| |
|
2025 |
| |
|
£ |
£ |
| Fixed assets |
|
|
6,671 |
| Current assets |
|
4,407 |
|
| Creditors: amount falling due within one year |
|
(2,310) |
|
|
Net current assets
|
|
|
2,097
|
|
Total assets less current liabilities
|
|
|
8,768 |
| Creditors: amount falling due after more than one year |
|
|
(43,800) |
| Provisions for liabilities |
|
|
(2,096) |
|
Net assets
|
|
|
(37,128) |
| |
|
|
|
|
Represented by:
|
|
|
| Amounts due from members |
|
|
(69,129) |
|
Members' other interest
|
|
|
| Other reserves |
|
|
32,001 |
|
|
|
32,001 |
|
|
|
(37,128) |
| |
Total members' interests
|
|
|
| Amounts due from members |
|
|
(69,129) |
| Members' other interests |
|
|
32,001 |
|
|
|
(37,128) |
| |
NOTES TO THE ACCOUNTS
General Information
CANDENTIA LLP is a limited liability partnership, registered in England and Wales, registration number OC454508, registration address 2 BLACKSTONE ROAD, LONDON UNITED KINGDOM, NW2 6BY.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern basis
The members have prepared these financial statements on the going concern basis.The LLP was incorporated on 14 November 2024 and has completed its first trading period to 30 November 2025 with a profit of £71,440 on turnover of £86,850. Although net assets stand at £0 following the distribution of the entire profit to the members, the members consider that the LLP has adequate resources to continue in operational existence for the foreseeable future (at least twelve months from the date of approval of these financial statements).
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Research and development expenditure
Research and development expenditure is charged to the income statement in the period in which it is incurred.
Current asset investments
Current asset investments are stated at the lower of cost and net realisable value.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
|
| 2. |
Average number of employees
Average number of employees during the period was 0.
|
For the period ended 30 November 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 Companies Act 2006(as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime
These accounts were approved by the members and signed on their behalf by:
.............................................................................
Lucas Gervastri
Designated Member
Date approved by the members: 24 February 2026
1
|