| REGISTERED NUMBER: |
| THE MULTISPORT ADVENTURE RACING |
| CHALLENGE LLP |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| REGISTERED NUMBER: |
| THE MULTISPORT ADVENTURE RACING |
| CHALLENGE LLP |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| THE MULTISPORT ADVENTURE RACING |
| CHALLENGE LLP (REGISTERED NUMBER: OC361154) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| Page |
| Chartered Accountants' Report | 1 |
| Income Statement | 2 |
| Balance Sheet | 3 | to | 4 |
| CHARTERED ACCOUNTANTS' REPORT TO THE MEMBERS |
| ON THE UNAUDITED FINANCIAL STATEMENTS OF |
| THE MULTISPORT ADVENTURE RACING |
| CHALLENGE LLP |
| In order to assist you to fulfil your duties under the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial statements of The Multisport Adventure Racing Challenge LLP for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet and the related notes 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
| This report is made solely to the members of The Multisport Adventure Racing Challenge LLP, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The Multisport Adventure Racing Challenge LLP and state those matters that we have agreed to state to the members of The Multisport Adventure Racing Challenge LLP, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Multisport Adventure Racing Challenge LLP and its members, as a body, for our work or for this report. |
| It is your duty to ensure that The Multisport Adventure Racing Challenge LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of The Multisport Adventure Racing Challenge LLP. You consider that The Multisport Adventure Racing Challenge LLP is exempt from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the financial statements of The Multisport Adventure Racing Challenge LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
| Gibbons Mannington & Phipps LLP |
| Chartered Accountants |
| Landgate Chambers |
| Rye |
| East Sussex |
| TN31 7LJ |
| THE MULTISPORT ADVENTURE RACING |
| CHALLENGE LLP (REGISTERED NUMBER: OC361154) |
| INCOME STATEMENT |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| 2025 | 2024 |
| £ | £ |
| TURNOVER |
| PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES |
| THE MULTISPORT ADVENTURE RACING |
| CHALLENGE LLP (REGISTERED NUMBER: OC361154) |
| BALANCE SHEET |
| 31 MARCH 2025 |
| 2025 | 2024 |
| £ | £ | £ | £ |
| FIXED ASSETS |
| CURRENT ASSETS |
| CREDITORS |
| Amounts falling due within one year | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| LOANS AND OTHER DEBTS DUE TO MEMBERS | 8,486 | 8,486 |
| NOTES TO THE FINANCIAL STATEMENTS |
| 1. | STATUTORY INFORMATION |
| The Multisport Adventure Racing Challenge LLP is registered in England and Wales. The LLP's registered number and registered office address are as below: |
| Registered number: |
| Registered office: |
| 2. | AVERAGE NUMBER OF EMPLOYEES |
| The average number of employees during the year was NIL (2024 - NIL ) . |
| 3. | OTHER FINANCIAL COMMITMENTS |
| The LLP was dormant throughout the year ended 31 March 2025. |
| THE MULTISPORT ADVENTURE RACING |
| CHALLENGE LLP (REGISTERED NUMBER: OC361154) |
| BALANCE SHEET - continued |
| 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 were approved by the members of the LLP and authorised for issue on |