The latest accounts for the collapsed $639m (£442m) flagship fund of Weavering Capital, the London hedge fund manager, do not mention the offshore company controlled by its founder that turned out to be the fund’s biggest counterparty.

In accounts for the Cayman Islands-registered fund covering 2007, audited by Ernst & Young and sent to investors last year, there was no mention of the British Virgin Islands company whose inability to meet its obligations brought down Weavering and its fund last week.