Registered number
OC412211
Melusina Llp
Filleted Accounts
31 December 2025

Melusina Llp
Registered number: | OC412211
Balance Sheet
as at 31 December 2025
Notes |  | 2025 |  | 2024
€ | €
Fixed assets
Tangible assets | 3 |  | 300,000 |  | 300,000
Investments | 4 |  | 557,287 |  | 1,275,651
|  |  | 857,287 |  | 1,575,651
Current assets |  |  |  |  |
Cash at bank and in hand |  |  | 773,072 |  | 22,536
|  |  | 773,072 |  | 22,536
Creditors: amounts falling due within one year | 5 |  | (11,951) |  | (5,888)
Net current assets |  |  | 761,121 |  | 16,648
Total assets less current liabilities |  |  | 1,618,408 |  | 1,592,299
Net assets attributable to members | 1,618,408 |  | 1,592,299
Represented by:
Loans and other debts due to members | 6 |  | 1,540,075 |  | 1,580,075
Members' other interests
Members' capital classified as equity |  |  | 1,000 |  | 1,000
Other reserves |  |  | 77,333 |  | 11,224
|  |  | 78,333 |  | 12,224
|  |  | 1,618,408 |  | 1,592,299
Total members' interests
Loans and other debts due to members | 6 |  | 1,540,075 |  | 1,580,075
Members' other interests |  |  | 78,333 |  | 12,224
|  |  | 1,618,408 |  | 1,592,299
For the year ended 31 December 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied to 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.
The 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.
These accounts were approved by the members on 15 June 2026 and signed on their behalf by:
Riccardo Perale
Designated member

Melusina Llp
Notes to the Accounts
for the year ended 31 December 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.
| Division of profits
| Profits are treated as being available for discretionary division only if 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. Profits are otherwise automatically divided and included under Members’ remuneration charged as an expense in the profit and loss account.
| 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.
| Debtors
| Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
| Creditors
| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
| Provisions
| Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
| Members' capital
| Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital to members, even if that obligation is conditional.
| Foreign currency translation
| Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 | Employees | 2025 |  | 2024
Number | Number
| Average number of persons employed by the LLP | - |  | -
3 | Tangible fixed assets
|  |  |  |  |  |  |  | Motor vehicles
€
| Cost
| At 1 January 2025 | 300,000
| At 31 December 2025 | 300,000
| Depreciation
| At 31 December 2025 | -
| Net book value
| At 31 December 2025 | 300,000
| At 31 December 2024 | 300,000
4 | Fixed asset investments
Other
investments
€
| Cost
| At 1 January 2025 | 1,275,651
| Additions | 1,975,341
| Disposals | (2,693,705)
| At 31 December 2025 | 557,287
5 | Creditors: amounts falling due within one year | 2025 |  | 2024
€ | €
| Trade creditors | 9,615 |  | 3,419
| Other creditors | 2,336 |  | 2,469
|  |  |  |  |  | 11,951 |  | 5,888
6 | Loans and other debts due to members | 2025 |  | 2024
€ | €
| Loans from members | 1,540,075 |  | 1,580,075
| Amounts falling due within one year | 1,540,075 |  | 1,580,075
| Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up.
7 | Other information
| Melusina Llp is a limited liability partnership incorporated in England. Its registered office is:
| 5th Floor North Side
| 7/10 Chandos Street
| Cavendish Square
| London
| W1G 9DQ

Melusina Llp OC412211 false 2025-01-01 2025-12-31 2025-12-31 VT Final Accounts November 2025 Riccardo Perale No description of principal activity OC412211 2024-01-01 2024-12-31 OC412211 core:WithinOneYear 2024-12-31 OC412211 1 2024-12-31 OC412211 core:ShareCapital 2024-12-31 OC412211 core:RetainedEarningsAccumulatedLosses 2024-12-31 OC412211 2025-01-01 2025-12-31 OC412211 bus:LimitedLiabilityPartnershipLLP 2025-01-01 2025-12-31 OC412211 bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 OC412211 bus:PartnerLLP20 2025-01-01 2025-12-31 OC412211 3 2025-01-01 2025-12-31 OC412211 1 2025-01-01 2025-12-31 OC412211 2 2025-01-01 2025-12-31 OC412211 4 2025-01-01 2025-12-31 OC412211 countries:England 2025-01-01 2025-12-31 OC412211 bus:FRS102 2025-01-01 2025-12-31 OC412211 bus:FilletedAccounts 2025-01-01 2025-12-31 OC412211 2025-12-31 OC412211 core:WithinOneYear 2025-12-31 OC412211 1 2025-12-31 OC412211 core:ShareCapital 2025-12-31 OC412211 core:RetainedEarningsAccumulatedLosses 2025-12-31 OC412211 core:Vehicles 2025-12-31 OC412211 core:AdditionsToInvestments 2025-12-31 OC412211 core:DisposalsRepaymentsInvestments 2025-12-31 OC412211 2024-12-31 OC412211 core:Vehicles 2024-12-31 iso4217:EUR xbrli:pure