REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 29 MARCH 2023 TO 31 MARCH 2024 |
FOR |
ADVENTURE YACHTING LLP |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 29 MARCH 2023 TO 31 MARCH 2024 |
FOR |
ADVENTURE YACHTING LLP |
ADVENTURE YACHTING LLP (REGISTERED NUMBER: OC446620) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 29 MARCH 2023 TO 31 MARCH 2024 |
Page |
General Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
ADVENTURE YACHTING LLP |
GENERAL INFORMATION |
FOR THE PERIOD 29 MARCH 2023 TO 31 MARCH 2024 |
DESIGNATED MEMBERS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Riverside House |
40-46 High Street |
Maidstone |
Kent |
ME14 1JH |
ADVENTURE YACHTING LLP (REGISTERED NUMBER: OC446620) |
BALANCE SHEET |
31 MARCH 2024 |
Notes | € | € |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
and |
NET ASSETS ATTRIBUTABLE TO MEMBERS | 14,582,674 |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
7 |
14,582,674 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 7 | 14,582,674 |
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. |
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 |
ADVENTURE YACHTING LLP (REGISTERED NUMBER: OC446620) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 29 MARCH 2023 TO 31 MARCH 2024 |
1. | STATUTORY INFORMATION |
Adventure Yachting 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 |
Going concern |
Accounting standards require the members to consider the appropriateness of the going concern basis when preparing the financial statements. The members confirm that they consider the going concern basis remains appropriate. The members believe that the LLP has sufficient resources to continue in operational existence for the foreseeable future. The members believe this to be the case as the company has the financial support of the members. |
Having regard to the above, the members believe it is appropriate to adopt the going concern basis of accounting in preparing the financial statements. |
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 |
Plant and machinery | - |
Financial instruments |
The LLP only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares. |
Debtors |
Short term debtors are measured at transaction price, less any impairment. |
Creditors |
Short term creditors are measured at the transaction price. |
Cash and cash equivalents |
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more then 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known accounts of cash with no significant risk of change in value. |
3. | EMPLOYEE INFORMATION |
The average number of employees during the period was |
ADVENTURE YACHTING LLP (REGISTERED NUMBER: OC446620) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 29 MARCH 2023 TO 31 MARCH 2024 |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
€ |
COST |
Additions |
At 31 March 2024 |
DEPRECIATION |
Charge for period |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
€ |
Trade debtors |
Prepayments and accrued income |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
€ |
Accruals and deferred income |
7. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
€ |
Amounts owed to members in respect of profits | 14,582,674 |
Falling due within one year | 14,582,674 |
Amounts owing to members rank after other liabilities. |