Registered No. OC342325 (England and Wales)
Plutus Wealth Management LLP
Unaudited accounts
for the year ended 31 March 2021
Plutus Wealth Management LLP
LLP Information
for the year ended 31 March 2021
Designated members
Mr Mark Croxford
Registered Number
OC342325 (England and Wales)
Registered Office
Bridewell Gate
9 Bridewell Place
London
EC4V 6AW
Plutus Wealth Management LLP
Statement of financial position
as at
31 March 2021
Cash at bank and in hand
285,933
201,788
Creditors: amounts falling due within one year
(125,664)
(64,412)
Net current assets
178,684
139,876
Total assets less current liabilities
180,827
139,876
Creditors: amounts falling due after more than one year
(50,000)
-
Net assets attributable to members
130,827
139,876
Loans and other debts due to members
(546,529)
(531,028)
Other reserves
677,356
670,904
Loans and other debts due to members
(546,529)
(531,028)
Members' other interests
677,356
670,904
For the year ending 31 March 2021 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) 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 and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 15 December 2021.
Mr Mark Croxford
Designated member
Limited Liability Partnership Registration No. OC342325
Plutus Wealth Management LLP
Notes to the Accounts
for the year ended 31 March 2021
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% straight line
Fixtures & fittings
33% straight line
Computer equipment
33% straight line
Plutus Wealth Management LLP is a limited liability partnership, incorporated in England and Wales, registration number OC342325. Its registered office is Bridewell Gate, 9 Bridewell Place, London, EC4V 6AW.
3
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2020
6,061
18,595
25,006
49,662
Additions
-
-
2,143
2,143
At 31 March 2021
6,061
18,595
27,149
51,805
At 1 April 2020
6,061
18,595
25,006
49,662
At 31 March 2021
6,061
18,595
25,006
49,662
At 31 March 2021
-
-
2,143
2,143
4
Creditors: amounts falling due within one year
2021
2020
Trade creditors
112,730
57,422
Taxes and social security costs
12,934
6,990
5
Creditors: amounts falling due after more than one year
2021
2020
Plutus Wealth Management LLP
Notes to the Accounts
for the year ended 31 March 2021
6
Loans and other debts due to members
2021
2020
Loans from members
130,827
139,876
Amounts due to members in respect of profits
(677,356)
(670,904)
Amounts falling due within one year
(546,529)
(531,028)
7
Average number of employees
During the year the average number of employees was 0 (2020: 4).