Silverfin false 31/03/2024 01/08/2023 31/03/2024 Beverley Forrest-Jones 24/07/2018 Ian Russell Forrest-Jones 24/07/2018 I R Forrest-Jones 07 February 2025 OC423520 2024-03-31 OC423520 bus:Director1 2024-03-31 OC423520 bus:Director2 2024-03-31 OC423520 2023-07-31 OC423520 core:CurrentFinancialInstruments 2024-03-31 OC423520 core:CurrentFinancialInstruments 2023-07-31 OC423520 core:Non-currentFinancialInstruments 2024-03-31 OC423520 core:Non-currentFinancialInstruments 2023-07-31 OC423520 core:PlantMachinery 2023-07-31 OC423520 core:FurnitureFittings 2023-07-31 OC423520 core:OfficeEquipment 2023-07-31 OC423520 core:PlantMachinery 2024-03-31 OC423520 core:FurnitureFittings 2024-03-31 OC423520 core:OfficeEquipment 2024-03-31 OC423520 2023-08-01 2024-03-31 OC423520 bus:FullAccounts 2023-08-01 2024-03-31 OC423520 bus:SmallEntities 2023-08-01 2024-03-31 OC423520 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-03-31 OC423520 bus:LimitedLiabilityPartnershipLLP 2023-08-01 2024-03-31 OC423520 bus:Director1 2023-08-01 2024-03-31 OC423520 bus:Director2 2023-08-01 2024-03-31 OC423520 bus:Director3 2023-08-01 2024-03-31 OC423520 core:PlantMachinery core:TopRangeValue 2023-08-01 2024-03-31 OC423520 core:FurnitureFittings 2023-08-01 2024-03-31 OC423520 core:OfficeEquipment 2023-08-01 2024-03-31 OC423520 2022-08-01 2023-07-31 OC423520 core:PlantMachinery 2023-08-01 2024-03-31 iso4217:GBP xbrli:pure

Company No: OC423520 (England and Wales)

ALEXIA MOTOR YACHT CHARTERS LLP

Unaudited Financial Statements
For the financial period from 01 August 2023 to 31 March 2024
Pages for filing with the registrar

ALEXIA MOTOR YACHT CHARTERS LLP

Unaudited Financial Statements

For the financial period from 01 August 2023 to 31 March 2024

Contents

ALEXIA MOTOR YACHT CHARTERS LLP

BALANCE SHEET

As at 31 March 2024
ALEXIA MOTOR YACHT CHARTERS LLP

BALANCE SHEET (continued)

As at 31 March 2024
Note 31.03.2024 31.07.2023
£ £
Fixed assets
Tangible assets 3 951,073 998,957
951,073 998,957
Current assets
Debtors 4 183,006 184,719
183,006 184,719
Creditors: amounts falling due within one year 5 ( 2,681) ( 3,301)
Net current assets 180,325 181,418
Total assets less current liabilities 1,131,398 1,180,375
Creditors: amounts falling due after more than one year 6 ( 34,111) ( 34,111)
Net assets attributable to members 1,097,287 1,146,264
Represented by
Members' other interests
Members' capital classified as equity 1,754,000 1,754,000
Other reserves (656,713) (607,736)
1,097,287 1,146,264
1,097,287 1,146,264
Total members' interests
Amounts due from members (included in debtors) (182,607) (184,580)
Members' other interests 1,097,287 1,146,264
914,680 961,684

For the financial period ending 31 March 2024 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

Members' responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Alexia Motor Yacht Charters LLP (registered number: OC423520) were approved and authorised for issue by the Board of Directors on 07 February 2025. They were signed on its behalf by:

I R Forrest-Jones
Designated member
ALEXIA MOTOR YACHT CHARTERS LLP

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 August 2023 to 31 March 2024
ALEXIA MOTOR YACHT CHARTERS LLP

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 August 2023 to 31 March 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Alexia Motor Yacht Charters LLP is a limited liability partnership, incorporated in the United Kingdom under the Limited Liability Partnerships Act 2000 and is registered in England and Wales. The address of the LLP's registered office is Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Limited Liability Partnerships Act 2000 as applicable to companies subject to the small companies regime and the requirements of the Statement of Recommended Practice Accounting by Limited Liability Partnerships issued in December 2021 (SORP 2022).

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Reporting period length

Reporting period length- 1st August 2023 to 31st March 2024

Turnover

Revenue is recognised to the extent that the limited liability partnership obtains the right to consideration in exchange for its performance.
Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales tax or duty.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line and reducing balance basis over its expected useful life, as follows:

Plant and machinery 5 years straight line
Fixtures and fittings 25 % reducing balance
Office equipment 20 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Fair value measurement

The best evidence of fair value is a quoted price for an identical asset in an active market. When quoted prices are unavailable, the price of a recent transactions for an identical assets provides evidence of the fair value as long as there has not been a significant change in economic circumstances or a significant lapse of time since the transaction took place.
If the market is not active and recent transactions of an identical asset on their own are not a good estimate of fair value, the fair value is estimated by using a valuation technique.

2. Employees

Period from
01.08.2023 to
31.03.2024
Year ended
31.07.2023
Number Number
Monthly average number of persons employed by the LLP during the period 2 2

3. Tangible assets

Plant and machinery Fixtures and fittings Office equipment Total
£ £ £ £
Cost
At 01 August 2023 1,191,667 1,331 3,037 1,196,035
At 31 March 2024 1,191,667 1,331 3,037 1,196,035
Accumulated depreciation
At 01 August 2023 194,334 847 1,897 197,078
Charge for the financial period 47,667 65 152 47,884
At 31 March 2024 242,001 912 2,049 244,962
Net book value
At 31 March 2024 949,666 419 988 951,073
At 31 July 2023 997,333 484 1,140 998,957

4. Debtors

31.03.2024 31.07.2023
£ £
Other debtors 183,006 184,719

5. Creditors: amounts falling due within one year

31.03.2024 31.07.2023
£ £
Bank loans and overdrafts 2,000 2,001
Other creditors 681 1,300
2,681 3,301

6. Creditors: amounts falling due after more than one year

31.03.2024 31.07.2023
£ £
Bank loans 34,111 34,111