Seafarers View LLP

Seafarers View LLP
Contents Page
For the year ended 31 March 2026

Accountants' Report	1
Statement of Financial Position	2
Notes to the Financial Statements	3

Seafarers View LLP Accountants' Report For the year ended 31 March 2026
Chartered Accountants report to the members of Seafarers View LLP LLP on the preparation of the unaudited statutory financial statements for the year ended 31 March 2026 To assist you to fulfil your duties under the Companies Act 2006 as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial statements of Seafarers View LLP which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the LLPs accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the members of Seafarers View LLP, as a body, in accordance with the terms of our engagement letter dated 03 September 2026. Our work has been undertaken solely to prepare for your approval the financial statements of Seafarers View LLP and state those matters that we have agreed to state to the members of Seafarers View LLP, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Seafarers View LLP and its members as a body, for our work or for this report. It is your duty to ensure that Seafarers View LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Seafarers View LLP. You consider that Seafarers View LLP is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Seafarers View LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. .................................................... aa Chartered Accountants 6 Blenheim Court Peppercorn Close Peterborough PE1 2DU 03 September 2023 1

Seafarers View LLP
Accountants' Report
For the year ended 31 March 2026

Chartered Accountants report to the members of Seafarers View LLP LLP on the preparation of the unaudited statutory financial statements for the year ended 31 March 2026

To assist you to fulfil your duties under the Companies Act 2006 as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial statements of Seafarers View LLP which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the LLPs accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the members of Seafarers View LLP, as a body, in accordance with the terms of our engagement letter dated 03 September 2026. Our work has been undertaken solely to prepare for your approval the financial statements of Seafarers View LLP and state those matters that we have agreed to state to the members of Seafarers View LLP, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Seafarers View LLP and its members as a body, for our work or for this report.

It is your duty to ensure that Seafarers View LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Seafarers View LLP. You consider that Seafarers View LLP is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Seafarers View LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

....................................................
aa Chartered Accountants
6 Blenheim Court
Peppercorn Close
Peterborough
PE1 2DU
03 September 2023

1

Seafarers View LLP
Statement of Financial Position
As at 31 March 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	443,410	446,959
		443,410	446,959
Current assets
Debtors		460	460
Cash at bank and in hand		6	741
		466	1,201
Creditors: amount falling due within one year		(1)	0
Net current assets		465	1,201

Total assets less current liabilities		443,875	448,160
Net assets		443,875	448,160

Represented by:
Loans and other debts due to members	4	314,030	319,150
Members' other interest
Members' capital		129,390	123,483
Other reserves		455	5,527
		129,845	129,010
		443,875	448,160

Total members' interests
Loans and other debts due to members		314,030	319,150
Members' other interests		129,845	129,010
		443,875	448,160

For the year ending 31 March 2026 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) 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.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.The LLP has opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account under section 444(1) of the Companies Act 2006.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006 (as applied to LLPs).

These accounts were approved by the members and signed on their behalf by:

.............................................................................
Melanie Jayne Stanton
Designated Member
Date approved by the members: 03 September 2026

2

Seafarers View LLP
Notes to the Abridged Financial Statements
For the year ended 31 March 2026

General Information

Seafarers View LLP is a limited liability partnership, registered in England and Wales, registration number OC443209, registration address 4 Sandy Lane, Fair Oak Southampton, England, SO50 8EL.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

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)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	25% Reducing Balance
Computer Equipment	25% Reducing Balance

Fixed asset investments

Fixed asset investments are stated at cost less provision for any permanent diminution in value.

2.	Average number of employees Average number of employees during the year was 4 (2025 : 4).

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Fixtures and Fittings	Computer Equipment	Investment properties	Total
	£	£	£	£	£
At 01 April 2025	7,455	14,658	338	429,087	451,538
Additions	-	-	-	-	-
Disposals	-	-	-	-	-
At 31 March 2026	7,455	14,658	338	429,087	451,538
Depreciation
At 01 April 2025	2,225	2,190	164	-	4,579
Charge for year	1,308	2,198	43	-	3,549
On disposals	-	-	-	-	-
At 31 March 2026	3,533	4,388	207	-	8,128
Net book values
Closing balance as at 31 March 2026	3,922	10,270	131	429,087	443,410
Opening balance as at 01 April 2025	5,230	12,468	174	429,087	446,959

4.

Members' Interests

	Members' capital	Other reserves	Total	Loans and other debts due to members less any amounts due from members included in debtors	Total

Balance at 01 April 2025	129,390	0	129,390	314,030	443,420
Profit for the period available for discretionary division among members	0	455	455	0	455
Members' interests after profit for the period	129,390	455	129,845	314,030	443,875
Introduced by members	0	0	0	0	0
Balance at 31 March 2026	129,390	455	129,845	314,030	443,875

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