Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 2024-04-01 false 2 2 true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false OC308527 2024-04-01 2025-03-31 OC308527 2023-04-01 2024-03-31 OC308527 2025-03-31 OC308527 2024-03-31 OC308527 c:Buildings 2024-04-01 2025-03-31 OC308527 c:Buildings 2025-03-31 OC308527 c:Buildings 2024-03-31 OC308527 c:Buildings c:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 OC308527 c:CurrentFinancialInstruments 2025-03-31 OC308527 c:CurrentFinancialInstruments 2024-03-31 OC308527 c:CurrentFinancialInstruments c:WithinOneYear 2025-03-31 OC308527 c:CurrentFinancialInstruments c:WithinOneYear 2024-03-31 OC308527 d:FRS102 2024-04-01 2025-03-31 OC308527 d:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC308527 d:FullAccounts 2024-04-01 2025-03-31 OC308527 d:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC308527 c:Subsidiary1 2024-04-01 2025-03-31 OC308527 c:Subsidiary1 1 2024-04-01 2025-03-31 OC308527 6 2024-04-01 2025-03-31 OC308527 d:PartnerLLP1 2024-04-01 2025-03-31 OC308527 c:OtherCapitalInstrumentsClassifiedAsEquity 2025-03-31 OC308527 c:OtherCapitalInstrumentsClassifiedAsEquity 2024-03-31 OC308527 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: OC308527 SERENE DAYS (YACHT CHARTER) LLP UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
SERENE DAYS (YACHT CHARTER) LLP REGISTERED NUMBER:OC308527
BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 39,123 |  | 40,308
Investments | 5 |  | 1,956,268 |  | 1,956,268
|  |  | 1,995,391 |  | 1,996,576
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 6 | 164,363 |  | 164,363 |
Cash at bank and in hand | 7 | 427 |  | 10,444 |
|  | 164,790 |  | 174,807 |
Creditors: Amounts Falling Due Within One Year | 8 | (2,000) |  | (2,602) |
Net current assets |  |  | 162,790 |  | 172,205
Total assets less current liabilities |  |  | 2,158,181 |  | 2,168,781
Net assets |  |  | 2,158,181 |  | 2,168,781
Represented by: |  |  |  |  |
Members' other interests |  |  |  |  |
Members' capital classified as equity |  | 2,158,181 |  | 2,168,781 |
|  |  | 2,158,181 |  | 2,168,781
|  |  | 2,158,181 |  | 2,168,781
Total members' interests |  |  |  |  |
Members' other interests |  |  | 2,158,181 |  | 2,168,781
|  |  | 2,158,181 |  | 2,168,781
SERENE DAYS (YACHT CHARTER) LLP REGISTERED NUMBER:OC308527
BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2025 The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small LLPs regime. The entity 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. The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements. The financial statements have been delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The entity has opted not to file the profit and loss account in accordance with the provisions applicable to entities subject to the small LLPs regime. The financial statements were approved and authorised for issue by the members and were signed on their behalf by:
P D B Townshend
Designated member
Date: 5 January 2026
The notes on page 2 form part of these financial statements. Serene Days (Yacht Charter) LLP has no equity and, in accordance with the provisions contained within the Statement of Recommended Practice "Accounting by Limited Liability Partnerships", has not presented a Statement of changes in equity.
SERENE DAYS (YACHT CHARTER) LLP
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
Serene Days (Yacht Charter) LLP is a limited liability partnership, registered in England and Wales, registration number OC308527. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE. The principal activity of the LLP continued to be that of yacht chartering activities. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of the Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006.
| 2.2 | Exemption from preparing consolidated financial statements
The LLP, and the group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and group are considered eligible for the exemption to prepare consolidated accounts.
| 2.3 | Foreign currency translation
Functional and presentation currency The LLP's functional and presentational currency is pound sterling. Transactions and balances Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions. At each year end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined. Foreign exchange gains and losses that relate to borrowings and cash are presented in the profit and loss account within 'administrative expenses'. All other foreign exchange gains and losses are presented in the profit and loss account.
| 2.4 | Turnover
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the LLP and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised when it is probable the LLP will receive the rights to the consideration due under the contract.
SERENE DAYS (YACHT CHARTER) LLP
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.5 | Division and distribution of profits
A division of profits is the mechanism by which the profits of an LLP become a debt due to members. A division may be automatic or discretionary, may relate to some or all of the profits for a financial period and may take place during or after the end of a financial period. An automatic division of profits is one where the LLP does not have an unconditional right to avoid making a division of an amount of profits based on the members' agreement in force at the time, whereas a discretionary division of profits requires a decision to be made by the LLP, which it has the unconditional right to avoid making. The LLP divides profits automatically. Automatic divisions of profits are recognised as 'Members' remuneration charged as an expense in the profit and loss account.
| 2.6 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives. Depreciation is provided on the following basis:
|  |  |  | Freehold property | - | 2% straight-line
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
| 2.7 | Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment.
| 2.8 | Debtors
Short-term debtors are measured at transaction price, less any impairment.
| 2.9 | Cash
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.
| 2.10 | Creditors
Short-term creditors are measured at the transaction price.
| 2.11 | Financial instruments
The LLP enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as other debtors, trade and other creditors, and loans with related parties.
SERENE DAYS (YACHT CHARTER) LLP
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
3. | Employees
| The average monthly number of employees, including members, during the year was 2 (2024 - 2).
4. | Tangible fixed assets
|  | Freehold property
|  | £
| Cost |
| At 1 April 2024 | 59,277
| At 31 March 2025 | 59,277
| Depreciation |
| At 1 April 2024 | 18,968
| Charge for the year | 1,186
| At 31 March 2025 | 20,154
| Net book value |
| At 31 March 2025 | 39,123
| At 31 March 2024 | 40,308
SERENE DAYS (YACHT CHARTER) LLP
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
5. | Fixed asset investments
|  | Investments in subsidiary companies
|  | £
| Cost or valuation |
| At 1 April 2024 | 1,956,268
| At 31 March 2025 | 1,956,268
| Subsidiary undertaking
| The following was a subsidiary undertaking of the LLP:
| Name | Country of registration | Principal activity | Class of shares | Holding
| Serene Marine Ltd | Cayman Islands | Holding and chartering of a yacht. | Ordinary | 100%
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts owed by group undertakings | 164,363 | 164,363
|  | 164,363 | 164,363
7. | Cash
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank | 427 | 10,444
8. | Creditors: amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | - | 602
| Other creditors | 2,000 | 2,000
|  | 2,000 | 2,602
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SERENE DAYS (YACHT CHARTER) LLP
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
9. | Related party transactions
| No disclosure has been made of transactions with other wholly owned group companies in accordance with FRS 102 Section 1A paragraph 1AC.35.
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