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REGISTERED NUMBER: OC328446 (England and Wales)















Financial Statements for the Year Ended 31 May 2022

for

CRYSTAL AMBER ADVISERS (UK) LLP

CRYSTAL AMBER ADVISERS (UK) LLP (Registered number: OC328446)






Contents of the Financial Statements
for the Year Ended 31 May 2022




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CRYSTAL AMBER ADVISERS (UK) LLP

General Information
for the Year Ended 31 May 2022







DESIGNATED MEMBERS: R P Bernstein
J Marsh





REGISTERED OFFICE: 17c Curzon Street
London
W1J 5HU





REGISTERED NUMBER: OC328446 (England and Wales)

CRYSTAL AMBER ADVISERS (UK) LLP (Registered number: OC328446)

Balance Sheet
31 May 2022

31.5.22 31.5.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,946 2,422

CURRENT ASSETS
Debtors 5 1,455,952 1,304,449
Cash at bank 14,142 12,157
1,470,094 1,316,606
CREDITORS
Amounts falling due within one year 6 951,590 1,068,099
NET CURRENT ASSETS 518,504 248,507
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

520,450

250,929

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

445,450

200,929

MEMBERS' OTHER INTERESTS
Capital accounts 75,000 50,000
520,450 250,929

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 445,450 200,929
Members' other interests 75,000 50,000
Amounts due from members 5 (119,850 ) (152,779 )
400,600 98,150

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 May 2022.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

CRYSTAL AMBER ADVISERS (UK) LLP (Registered number: OC328446)

Balance Sheet - continued
31 May 2022


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

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 6 September 2022 and were signed by:




R P Bernstein - Designated member




J Marsh - Designated member


CRYSTAL AMBER ADVISERS (UK) LLP (Registered number: OC328446)

Notes to the Financial Statements
for the Year Ended 31 May 2022

1. STATUTORY INFORMATION

CRYSTAL AMBER ADVISERS (UK) LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. 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. Monetary amounts in these financial statements are rounded to the nearest pound..

The financial statements have been prepared on the historical cost convention. The principal accounting policies adopted are set out below.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 1 (2021 - 2 ) .

CRYSTAL AMBER ADVISERS (UK) LLP (Registered number: OC328446)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2022

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 June 2021 7,171 9,440 16,611
Additions - 165 165
At 31 May 2022 7,171 9,605 16,776
DEPRECIATION
At 1 June 2021 6,877 7,312 14,189
Charge for year 98 543 641
At 31 May 2022 6,975 7,855 14,830
NET BOOK VALUE
At 31 May 2022 196 1,750 1,946
At 31 May 2021 294 2,128 2,422

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.22 31.5.21
£    £   
Trade debtors 40,000 17,380
Amounts due from members 119,850 152,779
Other debtors 1,290,989 1,131,933
Prepayments and accrued income 5,113 2,357
1,455,952 1,304,449

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.22 31.5.21
£    £   
Trade creditors 739,165 779,692
Social security and other taxes 3,031 2,460
Other creditors 65,000 65,000
Accruals and deferred income 144,394 220,947
951,590 1,068,099

7. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debtors due to members' would rank below other creditors.