1 April 2024 false No description of principal activity Taxfiler 2024.6 true NC001354business:LimitedLiabilityPartnershipLLP2024-04-012025-03-31 NC0013542024-03-31 NC0013542024-04-012025-03-31 NC001354business:AuditExemptWithAccountantsReport2024-04-012025-03-31 NC001354business:FilletedAccounts2024-04-012025-03-31 NC0013542025-03-31 NC0013542024-03-31 NC001354core:WithinOneYear2025-03-31 NC001354core:WithinOneYear2024-03-31 NC001354business:SmallEntities2024-04-012025-03-31 NC001354business:PartnerLLP12024-04-012025-03-31 NC001354countries:NorthernIreland2024-04-012025-03-31 NC001354business:RegisteredOffice2024-04-012025-03-31 NC0013542023-04-012024-03-31 iso4217:GBP xbrli:pure
Registered No. NC001354 (Northern Ireland)
Neptune Blaris LLP Unaudited accounts for the year ended 31 March 2025
Neptune Blaris LLP Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Investments
2,287,228 
2,287,228 
Current assets
Debtors
1,906,650 
1,609,105 
Cash at bank and in hand
86 
29 
1,906,736 
1,609,134 
Creditors: amounts falling due within one year
(685)
(660)
Net current assets
1,906,051 
1,608,474 
Net assets attributable to members
4,193,279 
3,895,702 
Represented by:
Loans and other debts due to members
4,193,279 
3,895,702 
4,193,279 
3,895,702 
Total members' interests
Loans and other debts due to members
4,193,279 
3,895,702 
4,193,279 
3,895,702 
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 4 December 2025.
Fox Whiskey Limited Designated member Limited Liability Partnership Registration No. NC001354
- 2 -
Neptune Blaris LLP Notes to the Accounts for the year ended 31 March 2025
1
Accounting policies
Basis of preparation
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.
Presentation currency
The accounts are presented in £ sterling.
Going concern
Having reviewed the resources available, the members of Neptune Blaris LLP believe that the company has adequate resources to continue in operational existence for at least a period of 12 months from date of approval of these financial statements. Accordingly, Neptune Blaris LLP continues to adopt the going concern basis in preparation of its financial statements.
Members' remuneration
Members' shares in the profit or loss for the year are accounted for as an allocation of profits. Unallocated profits and losses are included within 'other reserves'.
Members' capital
Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital, even if that obligation is conditional.
Investments
Investments are included at cost less accumulated impairment.
2
Statutory information
Neptune Blaris LLP is a limited liability partnership, incorporated in Northern Ireland, registration number NC001354. Its registered office is Unit 2, 21 Old Channel Road, Belfast, Antrim, BT3 9DE, Northern Ireland.
3
Investments
Subsidiary undertakings 
Cost
£ 
At 1 April 2024
2,287,228 
At 31 March 2025
2,287,228 
4
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Accruals
685 
660 
5
Loans and other debts due to members
2025 
2024 
£ 
£ 
Amounts due to members in respect of profits
4,193,279 
3,895,702 
Amounts falling due within one year
4,193,279 
3,895,702 
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
- 3 -
Neptune Blaris LLP Notes to the Accounts for the year ended 31 March 2025
6
Transactions with related parties
Included in other debtors are amounts due from connected companies of £1,906,650 (2024: £1,609,105).
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 4 -