2023-06-01 2024-03-31 false No description of principal activity Capium Accounts Production 1.1 OC372707 bus:FullAccounts 2023-06-01 2024-03-31 OC372707 bus:FRS102 2023-06-01 2024-03-31 OC372707 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-03-31 OC372707 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-03-31 OC372707 bus:LimitedLiabilityPartnershipLLP 2023-06-01 2024-03-31 OC372707 2023-06-01 2024-03-31 OC372707 2024-03-31 OC372707 bus:RegisteredOffice 2023-06-01 2024-03-31 OC372707 core:WithinOneYear 2024-03-31 OC372707 core:AfterOneYear 2024-03-31 OC372707 bus:PartnerLLP1 2023-06-01 2024-03-31 OC372707 bus:PartnerLLP1 2024-03-31 OC372707 bus:PartnerLLP1 2022-06-01 2023-05-31 OC372707 bus:PartnerLLP2 2023-06-01 2024-03-31 OC372707 bus:PartnerLLP2 2024-03-31 OC372707 bus:PartnerLLP2 2022-06-01 2023-05-31 OC372707 2022-06-01 OC372707 2022-06-01 2023-05-31 OC372707 2023-05-31 OC372707 core:WithinOneYear 2023-05-31 OC372707 core:AfterOneYear 2023-05-31 OC372707 bus:EntityAccountantsOrAuditors 2022-06-01 2023-05-31 OC372707 core:PlantMachinery 2023-06-01 2024-03-31 OC372707 core:PlantMachinery 2024-03-31 OC372707 core:PlantMachinery 2023-05-31 OC372707 core:MotorCars 2023-06-01 2024-03-31 OC372707 core:MotorCars 2024-03-31 OC372707 core:MotorCars 2023-05-31 OC372707 core:ComputerEquipment 2023-06-01 2024-03-31 OC372707 core:ComputerEquipment 2024-03-31 OC372707 core:ComputerEquipment 2023-05-31 OC372707 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-03-31 OC372707 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-05-31 OC372707 core:CostValuation core:Non-currentFinancialInstruments 2024-03-31 OC372707 core:CostValuation core:Non-currentFinancialInstruments 2023-05-31 OC372707 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-03-31 OC372707 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-03-31 OC372707 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-03-31 OC372707 core:Non-currentFinancialInstruments 2024-03-31 OC372707 core:Non-currentFinancialInstruments 2023-05-31 OC372707 dpl:Item1 2023-06-01 OC372707 dpl:Item1 2024-03-31 OC372707 dpl:Item1 2022-06-01 OC372707 dpl:Item1 2023-05-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: OC372707
England and Wales

 

 

 

ALTERNATIVE ASSET STRATEGIES LLP


Unaudited Financial Statements
 


Period of accounts

Start date: 01 June 2023

End date: 31 March 2024
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3 15,123    18,951 
Investments 4 333,637    333,637 
348,760    352,588 
Current assets      
Debtors 5   8,309 
Cash at bank and in hand 9,737    5,424 
9,737    13,733 
Creditors: amount falling due within one year 6 (12,682)   (2,249)
Net current assets (2,945)   11,484 
 
Total assets less current liabilities 345,815    364,072 
Creditors: amount falling due after more than one year 7 (68,000)   (83,753)
Net assets 277,815    280,319 
 

Represented by:
Loans and other debts due to members 257,828   
Amounts due from members   (70,663)
Members' other interest
Members' capital   306,696 
Other reserves 19,987    44,286 
19,987    350,982 

277,815    280,319 
 

Total members' interests
Amounts due from members   (70,663)
Loans and other debts due to members 257,828   
Members' other interests 19,987    350,982 
277,815    280,319 
 


For the period ending 31 March 2024 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.

The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions applicable to LLPs subject to the small LLPs regime.The LLP has opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account under section 444(1) of the Companies Act 2006
These accounts were approved by the members and signed on their behalf by:


.............................................................................
Roderick Langham
Designated Member
Date approved by the members: 04 December 2024
1
General Information
Alternative Asset Strategies LLP is a limited liability partnership, registered in England and Wales, under OC372707, at Unit 10, Clayfield Mews, Newcomen Road, Tunbridge wells, Kent, TN4 9PA.  The presentation currency is £ sterling, which is also the operational currency of the LLP.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard), and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships as well as the Companies Acts. 
Turnover
Turnover comprises the invoiced value of goods and services supplied by the LLP.
Finance lease and hire purchase charges
The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
Tangible fixed assets
Tangible fixed assets are stated at cost or valuation less depreciation and any provision for impairment.  Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery 30%
Assets on finance lease and hire purchase
Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives. Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.
Fixed asset investments
Fixed asset investments are stated at cost less provision for any permanent diminution in value.
2.

Average number of employees

Average number of employees during the period was 2 (2023 : 2).
3.

Tangible fixed assets

Cost or valuation Plant and machinery etc   Total
  £   £
At 01 June 2023 56,643    56,643 
Additions  
Disposals  
At 31 March 2024 56,643    56,643 
Depreciation
At 01 June 2023 35,039    35,039 
Charge for period 6,481    6,481 
On disposals  
At 31 March 2024 41,520    41,520 
Net book values
Closing balance as at 31 March 2024 15,123    15,123 
Opening balance as at 01 June 2023 18,951    18,951 


4.

Investments

Cost Other investments other than loans   Total
  £   £
At 01 June 2023 333,637    333,637 
Additions  
Transfer to/from tangible fixed assets  
Disposals  
At 31 March 2024 333,637    333,637 

5.

Debtors: amounts falling due within one year

2024
£
  2023
£
Other Debtors   8,309 
  8,309 

6.

Creditors: amount falling due within one year

2024
£
  2023
£
Other Creditors 12,682    2,249 
12,682    2,249 

7.

Creditors: amount falling due after more than one year

2024
£
  2023
£
Other Creditors 68,000    83,753 
68,000    83,753 

2