Melusina Llp - Filleted accounts

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