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REGISTERED NUMBER: OC392592 (England and Wales)











Financial Statements

for the Year Ended 31 March 2025

for

SPORT AND SAIL LLP

SPORT AND SAIL LLP (REGISTERED NUMBER: OC392592)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SPORT AND SAIL LLP

General Information
for the Year Ended 31 March 2025







DESIGNATED MEMBERS: London Capital Plus Ltd
Venus Rising Ltd





REGISTERED OFFICE: 42 Lytton Road
Barnet
Hertfordshire
EN5 5BY





REGISTERED NUMBER: OC392592 (England and Wales)





ACCOUNTANTS: JLA (UK) Ltd
42 Lytton Road
Barnet
Hertfordshire
EN5 5BY

SPORT AND SAIL LLP (REGISTERED NUMBER: OC392592)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes €    €   
FIXED ASSETS
Investments 4 600,000 600,000
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

600,000

600,000

LOANS AND OTHER DEBTS DUE TO
MEMBERS

5

600,000

600,000

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 5 600,000 600,000

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 31 March 2025.

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 9 May 2025 and were signed by:





London Capital Plus Ltd - Designated member

SPORT AND SAIL LLP (REGISTERED NUMBER: OC392592)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Sport And Sail LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the Euro (€).


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.

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2024 - NIL).

4. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
31.3.25 31.3.24
€    €   
Other investments 600,000 600,000

5. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank pari passu in relation to all other creditors.