Alexandre Services LLP Accounts






Alexandre Services LLP

	Registered No. OC425205
	Information for Filing with the Registrar
		31 March 2024

at	31 March 2024

Registered No.			OC425205	Notes	2024	2023
					£	£
Fixed assets

	Tangible assets			5	542,583	596,417


					542,583	596,417
Current assets
	Stocks			6	1,498,489	1,357,601
	Debtors			7	235,350	399,526

	Cash at bank and in hand				1,645	6,537
					1,735,484	1,763,664
Creditors: Amounts falling due within one year				8	(425,790)	(459,252)
Net current assets					1,309,694	1,304,412
Total assets less current liabilities					1,852,277	1,900,829
Creditors: Amounts falling due after more than one year				9	(1,008,731)	(785,993)

Net assets attributable to members					843,546	1,114,836

Represented by:

	Members' other interests
		Members' capital			915,975	1,151,231

		Other reserves			(72,429)	(36,395)
					843,546	1,114,836

					843,546	1,114,836



These accounts have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

For the year ended 31 March 2024 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 as applied 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 Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.

As permitted by section 444 (5A)of the Companies Act 2006 the members have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the members on 31 December 2025 and signed on its behalf by:
P.S. Jordan
Designated member
31 December 2025

for the year ended 31 March 2024

General information

Alexandre Services LLP is a limited liability partnership and incorporated in England and Wales.

Its registered number is: OC425205

Its registered office is:

63/66 Hatton Garden

Fifth Floor

Suite 23

London

EC1N 8LE

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and in accordance with the Statement of Recommended Practice 'Accounting for Limited Liability Partnerships' issued in December 2018.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Members' remuneration and division of profits

Remuneration is paid to certain members under a contract of employment and is included as an expense in the profit and loss account.

In addition, the LLP agreement provides that fixed amounts, determined for each member each year, be paid to members, irrespective of the profits of the LLP. These amounts are included within members' remuneration charged as an expense.

Profits are treated as being available for discretionary division only if the the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Once agreement has been reached to divide the profits, a members' share in the profit or loss for the year is accounted for as an allocation of profits. Unallocated profits and losses remain included within 'other reserves'.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Plant and machinery

20% Straight Line

Freehold investment property

Investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account.

No depreciation is provided in respect of investment properties.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs.

Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the balance sheet.

Taxation

Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.

3	Information in relation to members
		2024	2023
		Number	Number
	The average number of members during the year :	2	2

4	Employees
		2024	2023
		Number	Number

	The average number of persons employed during the year was:	0	0

5	Tangible fixed assets
		Land and buildings	Plant and machinery	Total
		£	£	£
	Cost
	At 1 April 2023	595,866	1,379	597,245
	Additions	16,441	-	16,441


	Disposals	(70,000)	-	(70,000)
	At 31 March 2024	542,307	1,379	543,686
	Depreciation
	At 1 April 2023	-	827	827
	Charge for the year	-	276	276



	At 31 March 2024	-	1,103	1,103
	Net book values
	At 31 March 2024	542,307	276	542,583
	At 31 March 2023	595,866	552	596,418

6	Stocks
		2024	2023
		£	£

	Work in progress	1,498,489	1,357,601

		1,498,489	1,357,601

7	Debtors
		2024	2023
		£	£
	Trade debtors	2,895	4,660



	Other debtors	232,455	394,866

		235,350	399,526

8	Creditors:
	amounts falling due within one year
		2024	2023
		£	£
	Bank loans and overdrafts	7,559	5,975
	Other loans	370,240	404,964

	Trade creditors	1,200	65


	Other creditors	45,593	47,048
	Accruals and deferred income	1,198	1,200
		425,790	459,252

9	Creditors:
	amounts falling due after more than one year
		2024	2023
		£	£
	Bank loans and overdrafts	37,822	44,718
	Other loans	970,909	741,275





		1,008,731	785,993