Registered No. OC404219 (England and Wales)
Dejima Asset Management LLP
Unaudited accounts
for the year ended 31 March 2025
Dejima Asset Management LLP
LLP Information
for the year ended 31 March 2025
Designated members
Mr Matthew James LONERGAN
Mr Trevor Zygmunt SLIWERSKI
Registered Number
OC404219 (England and Wales)
Registered Office
9 Winterbrook Road
London
SE24 9HZ
Accountants
Windell & Co.
Holly Cottage, 35 Brooks Lane
Bosham
Chichester
West Sussex
PO18 8JT
Chartered Accountants' report to the members on the preparation of the unaudited statutory financial statements of Dejima Asset Management LLP for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of
Dejima Asset Management LLP for the year ended
31 March 2025 as set out on pages
4 -
6 from the LLP's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 2/10 as detailed at icaew.com/compilation.
Windell & Co.
Chartered Accountants
Holly Cottage, 35 Brooks Lane
Bosham
Chichester
West Sussex
PO18 8JT
30 May 2025
Dejima Asset Management LLP
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
4,780
12,627
Creditors: amounts falling due within one year
(2,200)
(3,748)
Net current assets
4,796
67,466
Net assets attributable to members
4,962
67,688
Loans and other debts due to members
2,962
65,688
Members' capital classified as equity
2,000
2,000
Loans and other debts due to members
2,962
65,688
Members' other interests
2,000
2,000
For the year ending 31 March 2025 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 accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 30 May 2025.
Mr Matthew James LONERGAN
Designated member
Limited Liability Partnership Registration No. OC404219
Dejima Asset Management LLP
Notes to the Accounts
for the year ended 31 March 2025
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 Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
Turnover comprises revenue recognised by the company in respect of investment management and performance fees.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives on a writing down basis.
Transactions in foreign currencies are recorded using the rate of exchange ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated using the rate of exchange ruling at the balance sheet date and the gains or losses on translation are included in the profit and loss account.
The LLP does not trade in financial instruments and all such instruments arise directly from operations. All trade and other debtors are initially recognised at transaction value, as none contain in substance a financial transaction. Thereafter trade and other debtors are reviewed for impairment where there is objective evidence based on observable data that the balance may be impaired. The LLP does not hold collateral against its trade and other receivables so its exposure to credit risk is the net balance of trade and other debtors after allowance for impairment. The LLP's cash holdings comprise on demand balances. All cash is held with banks with strong external credit ratings. Trade and other creditors and accruals are initially recognised at transaction value, as none represent a financing transaction. They are only derecognised when they are extinguished. As the LLP only has short term receivables and payables, its net current asset position is a reasonable measure of its liquidity at any given time.
Dejima Asset Management LLP is a limited liability partnership, incorporated in England and Wales, registration number OC404219. Its registered office is 9 Winterbrook Road, London, SE24 9HZ.
Dejima Asset Management LLP
Notes to the Accounts
for the year ended 31 March 2025
3
Tangible fixed assets
Computer equipment
4
Creditors: amounts falling due within one year
2025
2024
5
Loans and other debts due to members
2025
2024
Amounts due to members in respect of profits
2,962
65,688
Amounts falling due within one year
2,962
65,688
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
6
Average number of employees
During the year the average number of employees was 0 (2024: 0).