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REGISTERED NUMBER: OC396510 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st December 2022

for

ALEX MARTON FINE WINES LLP

ALEX MARTON FINE WINES LLP (REGISTERED NUMBER: OC396510)






Contents of the Financial Statements
for the year ended 31st December 2022




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

ALEX MARTON FINE WINES LLP

General Information
for the year ended 31st December 2022







DESIGNATED MEMBERS: Ardel Limited
A P H Marton
D C Warner





REGISTERED OFFICE: 2 Burton House
Repton Place
White Lion Road
Amersham
Buckinghamshire
HP7 9LP





REGISTERED NUMBER: OC396510 (England and Wales)





ACCOUNTANTS: Jacquards
2 Burton House
Repton Place
White Lion Road
Amersham
Buckinghamshire
HP7 9LP

ALEX MARTON FINE WINES LLP (REGISTERED NUMBER: OC396510)

Balance Sheet
31st December 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,240 1,653

CURRENT ASSETS
Stocks 302,608 276,677
Debtors 5 599,934 318,097
Cash at bank and in hand 144,635 291,207
1,047,177 885,981
CREDITORS
Amounts falling due within one year 6 862,502 789,494
NET CURRENT ASSETS 184,675 96,487
TOTAL ASSETS LESS CURRENT
LIABILITIES

185,915

98,140

CREDITORS
Amounts falling due after more than one
year

7

35,676

41,209
NET ASSETS ATTRIBUTABLE TO
MEMBERS

150,239

56,931

ALEX MARTON FINE WINES LLP (REGISTERED NUMBER: OC396510)

Balance Sheet - continued
31st December 2022

2022 2021
Notes £    £    £    £   
LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

137,239

43,931

MEMBERS' OTHER INTERESTS
Capital accounts 13,000 13,000
150,239 56,931

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 137,239 43,931
Members' other interests 13,000 13,000
150,239 56,931

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 31st December 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.

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 13th June 2023 and were signed by:





A P H Marton - Designated member

ALEX MARTON FINE WINES LLP (REGISTERED NUMBER: OC396510)

Notes to the Financial Statements
for the year ended 31st December 2022

1. STATUTORY INFORMATION

Alex Marton Fine Wines 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.

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.
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 3 (2021 - 3 ) .

ALEX MARTON FINE WINES LLP (REGISTERED NUMBER: OC396510)

Notes to the Financial Statements - continued
for the year ended 31st December 2022

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st January 2022
and 31st December 2022 5,374
DEPRECIATION
At 1st January 2022 3,721
Charge for year 413
At 31st December 2022 4,134
NET BOOK VALUE
At 31st December 2022 1,240
At 31st December 2021 1,653

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 591,376 317,014
Other debtors 8,558 1,083
599,934 318,097

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 5,581 5,551
Trade creditors 836,128 767,954
Taxation and social security 4,186 3,657
Other creditors 16,607 12,332
862,502 789,494

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2022 2021
£    £   
Bank loans 35,676 41,209

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 13,538 19,055

ALEX MARTON FINE WINES LLP (REGISTERED NUMBER: OC396510)

Notes to the Financial Statements - continued
for the year ended 31st December 2022

8. LOANS AND OTHER DEBTS DUE TO MEMBERS
2022 2021
£    £   
Amounts owed to members in respect of profits 137,239 43,931

Falling due within one year 137,239 43,931

Loans and other debts due to members represent allocated profits not yet paid to members and are due within one year and would rank after unsecured creditors in the event of a winding-up.

Chartered Accountants' Report to the Members
on the Unaudited Financial Statements of
Alex Marton Fine Wines LLP

The following reproduces the text of the report prepared for the members in respect of the LLP's annual unaudited financial statements. In accordance with the Companies Act 2006, the LLP is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Members are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial statements of Alex Marton Fine Wines LLP for the year ended 31st December 2022 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Reconciliation of Members' Interests and the related notes from the LLP's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the members of Alex Marton Fine Wines LLP, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Alex Marton Fine Wines LLP and state those matters that we have agreed to state to the members of Alex Marton Fine Wines LLP, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Alex Marton Fine Wines LLP and its members, as a body, for our work or for this report.

It is your duty to ensure that Alex Marton Fine Wines LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Alex Marton Fine Wines LLP. You consider that Alex Marton Fine Wines LLP is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Alex Marton Fine Wines LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Jacquards
2 Burton House
Repton Place
White Lion Road
Amersham
Buckinghamshire
HP7 9LP


13th June 2023