OC421191falseproperty investment2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:Director12024-04-012025-03-31http://www.companieshouse.gov.uk/cd:Director22024-04-012025-03-31http://www.companieshouse.gov.uk/cd:LimitedLiabilityPartnershipLLP2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FRS1022024-04-012025-03-31http://www.companieshouse.gov.uk/2025-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:LandBuildings2024-03-31http://www.companieshouse.gov.uk/pt:LandBuildings2025-03-31iso4217:GBPxbrli:sharesxbrli:pure

Registered number: OC421191

SOUTH SEAS MANAGEMENT LLP

ACCOUNTS

FOR THE YEAR ENDED 31/03/2025

Prepared By:

Victor Stewart

The White House

164 Bridge Road

Sarisbury Green

Hampshire

SO31 7EH

SOUTH SEAS MANAGEMENT LLP

CONTENTS
		Page
Report of the Members		-
Report of the Accountants		-
Profit and Loss Account		-
Balance Sheet		3
Notes to the Accounts		4
The following do not form part of the statutory financial statements:
Trading and Profit and Loss Account		-
Profit and Loss Account Summaries		-
Capital Accounts		-
Current Accounts		-

SOUTH SEAS MANAGEMENT LLP

ACCOUNTS

FOR THE YEAR ENDED 31/03/2025

DESIGNATED MEMBERS

Patrick G Massey

ARLO SERVICES LIMITED

REGISTERED OFFICE

The White House

164 Bridge Road

Sarisbury Green

Southampton

SO31 7EH

COMPANY NUMBER

OC421191

ACCOUNTANTS

Victor Stewart

The White House

164 Bridge Road

Sarisbury Green

Hampshire

SO31 7EH

SOUTH SEAS MANAGEMENT LLP

BALANCE SHEET AT 31/03/2025
						2025				2024
		Notes				£				£
FIXED ASSETS
Tangible assets		2				1,158,149				1,158,149
CURRENT ASSETS
Cash at bank and in hand				818				2,415
				818				2,415
CREDITORS: Amounts falling due within one year				(17,952)				(7,719)
NET CURRENT ASSETS						18,770				10,134
NET ASSETS ATTRIBUTABLE TO MEMBERS						1,176,919				1,168,283
LOANS AND OTHER DEBTS DUE TO MEMBERS						1,176,919				1,168,283
MEMBERS ' OTHER INTERESTS
						1,176,919				1,168,283
TOTAL MEMBERS' INTERESTS
Loans and other debts due to members						1,176,919				1,168,283
						1,176,919				1,168,283
For the year ending 31/03/2025 the LLP was entitled to exemption under section 477 of the Companies Act 2006 as modified by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts as modified 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime modified by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small LLPs.
The members have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the members on 22/12/2025 and signed on their behalf by
.............................
Patrick G Massey
Designated Member

SOUTH SEAS MANAGEMENT LLP

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31/03/2025

1. ACCOUNTING POLICIES

1a. Basis Of Accounting

The accounts have been prepared under the historical cost convention.

The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships.

1b. Depreciation

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

1c. Turnover

Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

2. TANGIBLE FIXED ASSETS
		Land And
		Buildings		Total
		£		£
Cost
At 01/04/2024		1,281,250		1,281,250
At 31/03/2025		1,281,250		1,281,250
Depreciation
At 01/04/2024		123,101		123,101
At 31/03/2025		123,101		123,101
Net Book Amounts
At 31/03/2025		1,158,149		1,158,149
At 31/03/2024		1,158,149		1,158,149

3. EMPLOYEES
				2025		2024
				No.		No.
Average number of employees				-		-