| REGISTERED NUMBER: |
| Report of the Members and |
| Financial Statements |
| for the Year Ended 31 March 2025 |
| for |
| Aretai LLP |
| REGISTERED NUMBER: |
| Report of the Members and |
| Financial Statements |
| for the Year Ended 31 March 2025 |
| for |
| Aretai LLP |
| Aretai LLP (Registered number: OC413798) |
| Contents of the Financial Statements |
| for the Year Ended 31 March 2025 |
| Page |
| General Information | 1 |
| Report of the Members | 2 |
| Income Statement | 3 |
| Statement of Financial Position | 4 |
| Reconciliation of Members' Interests | 5 |
| Notes to the Financial Statements | 7 |
| Aretai LLP |
| General Information |
| for the Year Ended 31 March 2025 |
| DESIGNATED MEMBERS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Suite 301, Stanmore Business |
| and Innovation Centre |
| Howard Road |
| Stanmore |
| Middlesex |
| HA7 1FW |
| Aretai LLP (Registered number: OC413798) |
| Report of the Members |
| for the Year Ended 31 March 2025 |
| The members present their report with the financial statements of the LLP for the year ended 31 March 2025. |
| PRINCIPAL ACTIVITY |
| The principal activity of the LLP in the year under review was that of a management consultancy specialising in helping organisations, teams and individuals realise their latent potential through a series of propositions that connect their people to business performance. |
| DESIGNATED MEMBERS |
| Mr A Pawley died on 28 July 2024. |
| RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS |
| The profit for the year before members' remuneration and profit shares was £568,303 (2024 - £782,488 profit). |
| MEMBERS' INTERESTS |
| ON BEHALF OF THE MEMBERS: |
| Aretai LLP (Registered number: OC413798) |
| Income Statement |
| for the Year Ended 31 March 2025 |
| 2025 | 2024 |
| Notes | £ | £ |
| REVENUE |
| Cost of sales | ( |
) | ( |
) |
| GROSS PROFIT |
| Administrative expenses | ( |
) | ( |
) |
| OPERATING PROFIT |
| Profit/loss on disposal of fixed asset investments |
4 |
| 566,555 | 782,488 |
| Interest receivable and similar income |
| PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS |
| Aretai LLP (Registered number: OC413798) |
| Statement of Financial Position |
| 31 March 2025 |
| 2025 | 2024 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| and |
| NET ASSETS ATTRIBUTABLE TO MEMBERS |
170,633 |
60,656 |
| LOANS AND OTHER DEBTS DUE TO MEMBERS |
8 |
154,133 |
42,656 |
| MEMBERS' OTHER INTERESTS |
| Capital accounts | 16,500 | 18,000 |
| 170,633 | 60,656 |
| TOTAL MEMBERS' INTERESTS |
| Loans and other debts due to members | 8 | 154,133 | 42,656 |
| Members' other interests | 16,500 | 18,000 |
| 170,633 | 60,656 |
| 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 |
| Aretai LLP (Registered number: OC413798) |
| Reconciliation of Members' Interests |
| for the Year Ended 31 March 2025 |
| EQUITY |
| Members' other interests |
| Members' |
| capital |
| (classified |
| as | Other |
| equity) | reserves | Total |
| £ | £ | £ |
| Balance at 1 April 2024 | 18,000 | - | 18,000 |
| Profit for the financial year available for discretionary division among members |
- |
568,303 |
568,303 |
| Members' interests after profit for the year | 18,000 | 568,303 | 586,303 |
| Other divisions of profit | - | (568,303 | ) | (568,303 | ) |
| Introduced by members | - | - | - |
| Repayments of capital | (1,500 | ) | - | (1,500 | ) |
| Drawings on account and distributions of profit | - | - | - |
| Balance at 31 March 2025 | 16,500 | - | 16,500 |
| DEBT | TOTAL |
| Loans and other debts due to | MEMBERS' |
| members less any amounts due | INTERESTS |
| from members in debtors |
| Other |
| amounts | Total |
| £ | £ |
| Amount due to members | 42,656 |
| Amount due from members | - |
| Balance at 1 April 2024 | 42,656 | 60,656 |
| Profit for the financial year available for discretionary division among members |
- |
568,303 |
| Members' interests after profit for the year | 42,656 | 628,959 |
| Other divisions of profit | 568,303 | - |
| Introduced by members | 2,080 | 2,080 |
| Repayments of capital | - | (1,500 | ) |
| Drawings on account and distributions of profit | (458,906 | ) | (458,906 | ) |
| Amount due to members | 154,133 |
| Amount due from members | - |
| Balance at 31 March 2025 | 154,133 | 170,633 |
| Aretai LLP (Registered number: OC413798) |
| Reconciliation of Members' Interests |
| for the Year Ended 31 March 2025 |
| EQUITY |
| Members' other interests |
| Members' |
| capital |
| (classified |
| as | Other |
| equity) | reserves | Total |
| £ | £ | £ |
| Balance at 1 April 2023 | 18,000 | - | 18,000 |
| Profit for the financial year available for discretionary division among members |
- |
782,488 |
782,488 |
| Members' interests after profit for the year | 18,000 | 782,488 | 800,488 |
| Other divisions of profit | - | (782,488 | ) | (782,488 | ) |
| Drawings on account and distributions of profit | - | - | - |
| Balance at 31 March 2024 | 18,000 | - | 18,000 |
| DEBT | TOTAL |
| Loans and other debts due to | MEMBERS' |
| members less any amounts due | INTERESTS |
| from members in debtors |
| Other |
| amounts | Total |
| £ | £ |
| Amount due to members | 167,262 |
| Amount due from members | - |
| Balance at 1 April 2023 | 167,262 | 185,262 |
| Profit for the financial year available for discretionary division among members |
- |
782,488 |
| Members' interests after profit for the year | 167,262 | 967,750 |
| Other divisions of profit | 782,488 | - |
| Drawings on account and distributions of profit | (907,094 | ) | (907,094 | ) |
| Amount due to members | 42,656 |
| Amount due from members | - |
| Balance at 31 March 2024 | 42,656 | 60,656 |
| Aretai LLP (Registered number: OC413798) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2025 |
| 1. | STATUTORY INFORMATION |
| Aretai 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 Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Goodwill |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
| 3. | EMPLOYEE INFORMATION |
| The average number of employees during the year was NIL (2024 - NIL). |
| 4. | EXCEPTIONAL ITEMS |
| 2025 | 2024 |
| £ | £ |
| Profit/loss on disposal of fixed asset investments |
| 5. | INTANGIBLE FIXED ASSETS |
| Goodwill |
| £ |
| COST |
| At 1 April 2024 |
| and 31 March 2025 |
| AMORTISATION |
| At 1 April 2024 |
| and 31 March 2025 |
| NET BOOK VALUE |
| At 31 March 2025 |
| At 31 March 2024 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Aretai LLP (Registered number: OC413798) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2025 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 8. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
| 2025 | 2024 |
| £ | £ |
| Amounts owed to members in respect of profits | 154,133 | 42,656 |
| Falling due within one year | 154,133 | 42,656 |
| Loans and other debts due to members' (other than members' capital classified as debt) would rank after other creditors. |