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REGISTERED NUMBER: OC425765 (England and Wales)












REPORT OF THE MEMBERS AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR


HARVEST ACTIVE 1 LLP



HARVEST ACTIVE 1 LLP (REGISTERED NUMBER: OC425765)








CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023





Page




General Information  

1




Report of the Members  

2




Report of the Independent Auditors  

4




Statement of Comprehensive Income  

8




Statement of Financial Position  

9




Reconciliation of Members' Interests  

10




Notes to the Financial Statements

12





HARVEST ACTIVE 1 LLP



GENERAL INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2023









DESIGNATED MEMBERS:

Brickvest MB1 Ltd


Brickvest MB2 Ltd







REGISTERED OFFICE:

C/o Thompson Taraz, Stanhope House


47 Park Lane


London


W1K 1PR







REGISTERED NUMBER:

OC425765 (England and Wales)







AUDITORS:

Menzies LLP


Lynton House


7-12 Tavistock Square


London


WC1H 9LT



HARVEST ACTIVE 1 LLP (REGISTERED NUMBER: OC425765)



REPORT OF THE MEMBERS

FOR THE YEAR ENDED 31 DECEMBER 2023


The members present their report with the financial statements of Harvest Active 1 LLP (''the LLP'') for the year

ended 31 December 2023.


PRINCIPAL ACTIVITY

The LLP is structured as an alternative investments fund managers directive in line with the Alternative
Investments Fund Managers Directive.

The principal activity of the LLP is to carry on the profession, trade or business of sourcing and
management of investments transactions (entered into by the LLP or clients of the LLP) carried on by
the LLP, and in connection with such objective to engage in any activity incidental or ancillary to such
business.

The LLP will invest, either directly or indirectly, in real estate or financial instruments where
the underlying or related investments is real estate.

DESIGNATED MEMBERS

The designated members during the year under review were:


Brickvest MB1 Ltd

Brickvest MB2 Ltd


RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The loss for the year before members' remuneration and profit shares was €163,339 (2022 - €39,612 profit).


MEMBERS' INTERESTS

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 31 December 2023 are set out in the

Reconciliation of members' interest.


Members are remunerated from the profits of the LLP and are required to make their own provision for

pensions and other benefits. Profits are allocated and divided between members after finalization of

the financial statements. Members draw a proportion of their profit shares monthly during the year in

which it is made, with the balance of profits being distributed after the year, subject to the cash

requirements of the business.


POLICY REGARDING MEMBERS' DRAWINGS AND THE SUBSCRIPTION AND REPAYMENT OF AMOUNTS SUBSCRIBED OR OTHERWISE CONTRIBUTED BY MEMBERS


Members are permitted to make drawings in anticipation of profits which will be allocated to them. The

amount of such drawings is set at the beginning of each financial year, taking into account the

anticipated cash needs of the LLP.


New members are required to subscribe a minimum level of capital and in subsequent years members

are invited to subscribe for further capital, the amounts of which is determined by the performance and

seniority of those members. On retirement, capital is repaid to members.








HARVEST ACTIVE 1 LLP (REGISTERED NUMBER: OC425765)



REPORT OF THE MEMBERS

FOR THE YEAR ENDED 31 DECEMBER 2023


MEMBERS' RESPONSIBILITIES STATEMENT

The members are responsible for preparing the Report of the Members and the financial statements in accordance with applicable law and regulations.


Company law as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 requires the members to prepare financial statements for each financial year.


Under that law the members have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under legislation applicable to limited liability partnerships the members must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the LLP and of the profit or loss of the LLP for that period.


In preparing these financial statements, the members are required to:


- select suitable accounting policies and then apply them consistently;

- make judgements and accounting estimates that are reasonable and prudent;

- state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the LLP will continue in business.


The members are responsible for keeping adequate accounting records that are sufficient to show and explain the LLP's transactions and disclose with reasonable accuracy at any time the financial position of the LLP and enable them to ensure that the financial statements comply with the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008. They are also responsible for safeguarding the assets of the LLP and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.


STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the members are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the LLP's auditors are unaware, and each member has taken all the steps that he ought to have taken as a member in order to make himself aware of any relevant audit information and to establish that the LLP's auditors are aware of that information.

AUDITORS

The auditor is deemed to have been re-appointed in accordance with section 487 of the companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006)

Regulations 2008.


ON BEHALF OF THE MEMBERS:






Brickvest MB1 Ltd - Designated member



03  May 2024


REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF

HARVEST ACTIVE 1 LLP


Opinion

We have audited the financial statements of Harvest Active 1 LLP (the 'LLP') for the year ended 31 December 2023 which comprise the Statement of Comprehensive Income, Statement of Financial Position, Reconciliation of Members' Interests and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:
-give a true and fair view of the state of the LLP's affairs as at 31 December 2023 and of its profit for the year then ended;
-have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-have been prepared in accordance 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.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report.  We are independent of the LLP in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements.  We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.


Conclusions relating to going concern

In auditing the financial statements, we have concluded that the members' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.


Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the LLP's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.


Our responsibilities and the responsibilities of the members with respect to going concern are described in the relevant sections of this report.


Other information

The other information comprises the information included in the annual report, other than the financial statements and our auditor's report thereon. The members are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent other wise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.


REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF

HARVEST ACTIVE 1 LLP



Matters on which we are required to report by exception

In the light of the knowledge and understanding of the LLP and its environment obtained in the course of the audit, we have not identified material misstatements in the members' report.


We have nothing to report in respect of the following matters where the Companies Act 2006 as applied to LLPs requires us to report to you if, in our opinion:


- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

- the financial statements are not in agreement with the accounting records and returns; or

- we have not received all the information and explanations we require for our audit; or

- the members were not entitled to prepare the financial statements in accordance with the small LLPs regime and take advantage of the small companies' exemptions in preparing the members' report and from the requirement to prepare a strategic report.


Responsibilities of members

As explained more fully in the Members' Responsibilities Statement set out on pages two and three, the members are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the members determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.


In preparing the financial statements, the members are responsible for assessing the LLP's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the members either intend to liquidate the LLP or to cease operations, or have no realistic alternative but to do so.


REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF

HARVEST ACTIVE 1 LLP



Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.


Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud is detailed below:


The LLP is subject to laws and regulations that directly affect the financial statements including financial reporting legislation. We determined that the following laws and regulations were most significant including:


- Companies Act 2006 (as applied by The Limited Liability Partnerships (Astounts and Audit) Regulations 2008);

- Financial Reporting Standard 102; and

- General Data Protection Regulations.


We assessed the extent of compliance with these laws and regulations as part of our procedures on the related financial statement items.


We understood how the LLP is complying with those legal and regulatory frameworks by, making inquiries to management and those responsible for legal and compliance procedures. We corroborated our inquiries through our review of relevant documentation.


The engagement partner assessed whether the engagement team collectively had the appropriate competence and capabilities to identify or recognize non-compliance with laws and regulations. The assessment did not identify any issues in this area.


We assessed the susceptibility of the financial statements to material misstatement, including how fraud might occur. Audit procedures performed by the engagement team included:


- Identifying and assessing the design effectiveness of controls management has in place to prevent and detect fraud;

- Understanding how those charged with governance considered and addressed the potential for override of controls or other inappropriate influence over the financial reporting process;

- Challenging assumptions and judgments made by management in its significant accounting estimates; and

- Identifying and testing journal entries, in particular any journal entries posted with unusual account combinations.


As a result of the above procedures, we considered the opportunities and incentives that may exist within the organisation for fraud and identified the greatest potential for fraud would be the use of management override of controls to manipulate results, or to cause the LLP to enter into transactions not in its best interests.


Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to material misstatement in the financial statements or non-compliance with regulation.


This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.



REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF

HARVEST ACTIVE 1 LLP


A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.


Use of our report

This report is made solely to the LLP's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008. Our audit work has been undertaken so that we might state to the LLP's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the LLP and the LLP's members as a body, for our audit work, for this report, or for the opinions we have formed.





Sarah Hallam FCCA (Senior Statutory Auditor)

for and on behalf of Menzies LLP

Lynton House

7-12 Tavistock Square

London

WC1H 9LT


03 May 2024



HARVEST ACTIVE 1 LLP (REGISTERED NUMBER: OC425765)



STATEMENT OF COMPREHENSIVE

INCOME

FOR THE YEAR ENDED 31 DECEMBER 2023



2023


2022


Notes

€   

€   



TURNOVER

12,177


32,473




Administrative expenses

(6,645

)

(7,368

)


5,532


25,105




Gain/loss on revaluation of investments

(168,871

)

14,507



(LOSS)/PROFIT FOR THE FINANCIAL YEAR

BEFORE MEMBERS' REMUNERATION AND

PROFIT SHARES

(163,339

)

39,612




(LOSS)/PROFIT FOR THE FINANCIAL YEAR

BEFORE MEMBERS' REMUNERATION AND

PROFIT SHARES

(163,339

)

39,612




Allocation of loss to members

4

163,339


-



Members' remuneration charged as an

expense

4

-


(39,612

)


PROFIT FOR THE FINANCIAL YEAR AVAILABLE

FOR DISCRETIONARY DIVISION AMONG

MEMBERS

-


-





HARVEST ACTIVE 1 LLP (REGISTERED NUMBER: OC425765)



STATEMENT OF FINANCIAL POSITION

31 DECEMBER 2023



2023


2022


Notes

€   

€   


FIXED ASSETS

Investments

5

360,825


529,696




CURRENT ASSETS

Debtors

6

157,605


8,353



Cash at bank

33,570


51,700



191,175


60,053



CREDITORS

Amounts falling due within one year

7

-


(1,656

)


NET CURRENT ASSETS

191,175


58,397



TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

552,000


588,093




LOANS AND OTHER DEBTS DUE TO

MEMBERS

8

-


36,093




MEMBERS' OTHER INTERESTS

Capital accounts

552,000


552,000



552,000


588,093




TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

-


36,093



Members' other interests

552,000


552,000



Amounts due from members

6

(157,605

)

-



394,395


588,093




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


The financial statements were approved by the members of the LLP and authorised for issue on 03 May 2024 and were signed by:






Brickvest MB1 Ltd - Designated member



HARVEST ACTIVE 1 LLP (REGISTERED NUMBER: OC425765)



RECONCILIATION OF MEMBERS' INTERESTS

FOR THE YEAR ENDED 31 DECEMBER 2023




EQUITY


Members' other interests


Members'



capital



(classified



as


Other



equity)


reserves


Total

€   

€   

€   


Balance at 1 January 2023

552,000


-


552,000



Members' remuneration charged as an expense,

including employment and retirement benefit costs

-


-


-



Profit for the financial year available for

discretionary division among members

-


-


-



Members' interests after profit for the year

552,000


-


552,000



Drawings on account and distributions of profit

-


-


-



Balance at 31 December 2023

552,000


-


552,000





DEBT

TOTAL


Loans and other debts due to

MEMBERS'


members less any amounts due

INTERESTS


from members in debtors



Other



amounts


Total

€   

€   


Amount due to members

36,094



Amount due from members

-



Balance at 1 January 2023

36,094


588,094



Allocation of loss to members

(163,339

)

(163,339

)


Profit for the financial year available for

discretionary division among members

-


-



Members' interests after profit for the year

(127,245

)

424,755



Drawings on account and distributions of profit

(30,360

)

(30,360

)


Amount due to members

-



Amount due from members

(157,605

)


Balance at 31 December 2023

(157,605

)

394,395





HARVEST ACTIVE 1 LLP (REGISTERED NUMBER: OC425765)



RECONCILIATION OF MEMBERS' INTERESTS

FOR THE YEAR ENDED 31 DECEMBER 2023



EQUITY


Members' other interests


Members'



capital



(classified



as


Other



equity)


reserves


Total

€   

€   

€   


Balance at 1 January 2022

552,000


-


552,000



Members' remuneration charged as an expense,

including employment and retirement benefit costs

-


-


-



Profit for the financial year available for

discretionary division among members

-


-


-



Members' interests after profit for the year

552,000


-


552,000



Drawings on account and distributions of profit

-


-


-



Balance at 31 December 2022

552,000


-


552,000





DEBT

TOTAL


Loans and other debts due to

MEMBERS'


members less any amounts due

INTERESTS


from members in debtors



Other



amounts


Total

€   

€   


Amount due to members

26,845



Amount due from members

-



Balance at 1 January 2022

26,845


578,845



Members' remuneration charged as an expense,

including employment and retirement benefit costs

39,612


39,612



Profit for the financial year available for

discretionary division among members

-


-



Members' interests after profit for the year

66,457


618,457



Drawings on account and distributions of profit

(30,364

)

(30,364

)


Amount due to members

36,093



Amount due from members

-



Balance at 31 December 2022

36,093


588,093





HARVEST ACTIVE 1 LLP (REGISTERED NUMBER: OC425765)



NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2023


1.

STATUTORY INFORMATION



Harvest Active 1 LLP is registered in England and Wales. The address of the registered office address


47 Park Lane,London,W1K 1PR.


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 as modified by the revaluation of certain assets.    



Turnover


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



Interest income is recognised in the statement of comprehensive income using the effective interest method.



Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruting at the reporting date, with any gains or losses being taken to the profit and loss account.



HARVEST ACTIVE 1 LLP (REGISTERED NUMBER: OC425765)



NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2023


2.

ACCOUNTING POLICIES - continued



Members' of participation rights


Members' participation rights are the rights of a member against the LLP that rise under the members* agreement (for example, in respect of amounts subscribed or otherwise contributed, remuneration, and profits).



Members' participation rights in the earnings or assets of the LLP are analysed between those that are, from the LLP's perspective, either a financial liability or equity, in accordance with Section 22 of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liability Partnerships'.



Amounts subscribed or otherwise contributed by members, for example members' capital, are classed as equity if the LLP has an unconditional right to refuse payment to members. If the LLP does not have such an unconditional right, such amounts are classified as liabilities.



Where profits are automatically divided as they arise, so the LLP does not have an unconditional right to refuse payment, the amounts arising that are due to members are in the nature of liabilities. They are therefore treated as an expense in the statement of comprehensive income in the relevant year. To the extent that they remain unpaid at the year end, they are shown as liabilities in the statement of financial position.



Conversely, where profits are divided only after a decision by the LLP or its representative, so that the LLP has an unconditional right to refuse payment, such profits are classed as an appropriation of equity rather than as an expense. They are therefore shown as a residual amount available for discretionary division among members in the statement of comprehensive income and are equity appropriations in the statement of financial position.



Other amounts applied to members, for example remuneration paid under an employment contract and interest on capital balances, are treated in the same way as all other divisions of profits, as described above, according to whether the LLP has, in each case, an unconditional right to refuse payment.



All amounts due to members that are classified as liabilities are presented in the statement of financial position within 'Loans and other debts due to members' and are charged to the statement of comprehensive income within 'Members' remuneration charged as an expense'. Amounts due to members that are classified as equity are shown in the statement of financial position within 'Members' other interests'.



Impairment of fixed assets


A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being


estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.



For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an


individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.



HARVEST ACTIVE 1 LLP (REGISTERED NUMBER: OC425765)



NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2023


2.

ACCOUNTING POLICIES - continued



Financial instruments


A financial asset or a financial liability is recognised only when the LLP becomes a party to the contractual provisions of the instrument.



Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.



Debt instruments are subsequently measured at amortised cost. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.



Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.



For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.



Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.


3.

EMPLOYEE INFORMATION


The average number of employees, including members with contracts of employment, during the year was NIL (2022 - NIL).

4.

INFORMATION IN RELATION TO MEMBERS


2023


2022

€   

€   



Members' remuneration charged as an expense



Remuneration paid under an employment

contract


-

39,612




Allocation of loss to members

(163,339)


-




5.

FIXED ASSET INVESTMENTS


Other


investments

€   



COST OR VALUATION


At 1 January 2023

529,696




Revaluations

(168,871

)



At 31 December 2023

360,825




NET BOOK VALUE


At 31 December 2023

360,825




At 31 December 2022

529,696





HARVEST ACTIVE 1 LLP (REGISTERED NUMBER: OC425765)



NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2023


5.

FIXED ASSET INVESTMENTS - continued



Cost or valuation at 31 December 2023 is represented by:



Other


investments

€   



Valuation in 2020

513,553




Valuation in 2021

1,636




Valuation in 2022

14,507




Valuation in 2023

(168,871

)


360,825




6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR


2023

2022


€   

€   



Amounts due from members

157,605


-




Other debtors

-


235




Prepayments and accrued income

-


8,118



157,605


8,353




7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR


2023

2022


€   

€   



Trade creditors

-


1,656




8.

LOANS AND OTHER DEBTS DUE TO MEMBERS





2023



2022




   



   


                                                                                                                           €                       € 


Accruals and deferred income


-



36,093





In the event of a winding up the amounts included in ''Loans and other debts due to/(from) members''  will rank equally with unsecured creditors.,


9.

FINANCIAL INSTRUMENTS



Financial Assets



2023



2022




   



   


                                                                                                                           €                     €


Financial assets measured at Fair Value through profit andloss


360,825



529,696





Financial assets measured at Fair Value through profit and loss comprise unlisted investments.