ACCOUNTS - Final Accounts preparation

ACCOUNTS - Final Accounts preparation

CHARLES IRVINE GROUP LLP - Company Information

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Caseware UK (AP4) 2022.0.179 2022.0.179 2022-09-302022-09-302021-10-01falseNo description of principal activity33falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. OC434270 2021-09-30 OC434270 2021-10-01 2022-09-30 OC434270 2020-10-01 2021-09-30 OC434270 2022-09-30 OC434270 c:AuditExempt-NoAccountantsReport 2021-10-01 2022-09-30 OC434270 c:FullAccounts 2021-10-01 2022-09-30 OC434270 c:LimitedLiabilityPartnershipLLP 2021-10-01 2022-09-30 OC434270 c:PartnerLLP1 2021-10-01 2022-09-30 OC434270 c:Micro-entities 2021-10-01 2022-09-30 xbrli:pure

Registered number: OC434270









CHARLES IRVINE GROUP LLP







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2022
 
CHARLES IRVINE GROUP LLP
 
  
MEMBERS' REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2022

The members present their annual report together with the financial statements of Charles Irvine Group LLP (the "LLP") for the ended 30 September 2022. 
 

Principal activities
 
 
The LLP was incorporated on 17 November 2020 . The principal activity of the LLP is that of a holding company.
 
 
Designated Members
 
 
D Cunnington and D Smith were designated members of the LLP throughout the period.
 

Members


M Perry was a member of the LLP throughout the period.
 
Members' capital and interests
 
 
Each member's subscription to the capital of the LLP is determined by their share of the profit and is repayable following retirement from the LLP.
 
 
Details of changes in members' capital in the ended 30 September 2022 are set out in the Reconciliation of Members' Interests.
 
 
This report was approved by the members and signed on their behalf by: 




................................................
D Cunnington

Date: 30 June 2023
30 June 2023
Page 1
 
CHARLES IRVINE GROUP LLP
REGISTERED NUMBER: OC434270

STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2022

2022
2021
Note
£
£

Fixed assets
  

Investments
 2 
40,000
40,000

  
40,000
40,000

Current assets
  

Debtors
  
10,000
10,000

  
10,000
10,000

Total assets less current liabilities
  
 
 
50,000
 
 
50,000

  

Net assets
  
50,000
50,000


Represented by:
  

Loans and other debts due to members within one year
  

Members' other interests
  

Members' capital classified as equity
  
50,000
50,000

  
 
50,000
 
50,000

  
50,000
50,000


Page 2
 
CHARLES IRVINE GROUP LLP
REGISTERED NUMBER: OC434270
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 SEPTEMBER 2022

Notes


General information

Charles Irvine Group LLP is a limited liability partnership incorporated and domiciled in the UK.The registered office address is : 8th Floor Becket House ,36 Old Jewry,London,England,EC2R.


Average number of employees

The average monthly number of employees, including members, during the year was 3 (2021 - 3).


Members' confirmations

These financial statements have been prepared in accordance with the provisions applicable to entities subject to the micro LLPs regime.

The entity 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.

The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements.

The financial statements have been delivered in accordance with the provisions applicable to entities subject to the small LLPs regime.

The financial statements were approved and authorised for issue by the members and were signed on their behalf on 30 June 2023.




................................................
D Cunnington
Designated member

Page 3
 
CHARLES IRVINE GROUP LLP
REGISTERED NUMBER: OC434270

RECONCILIATION OF MEMBERS' INTERESTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022





EQUITY
Members' other interests
Members' capital (classified as equity)
Other reserves
Total

£
£
£

Amounts introduced by members
50,000
-
50,000

Balance at 30 September 2021
50,000
-
50,000

At Incorporation
-
-
-

Profit for the year available for discretionary division among members
 
-
476,865
476,865

Members' interests after profit for the year
50,000
476,865
526,865

Profit distribution
-
(476,865)
(476,865)

Balance at 30 September 2022 
50,000
-
50,000

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.

 
1.1

Division and distribution of profits

A division of profits is the mechanism by which the profits of an LLP become a debt due to members. A division may be automatic or discretionary, may relate to some or all of the profits for a financial period and may take place during or after the end of a financial period.

An automatic division of profits is one where the LLP does not have an unconditional right to avoid making a division of an amount of profits based on the members' agreement in force at the time, whereas a discretionary division of profits requires a decision to be made by the LLP, which it has the unconditional right to avoid making.

The LLP divides profits discretionarily. Discretionary divisions of profits are recognised as amounts due to members, although may be used to offset amounts which have been drawn by members, which are recognised as loan assets repayable.


2.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 October 2021
40,000



At 30 September 2022
40,000




 
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