FORM 1-SA
SEMIANUAL REPORT PURSUANT TO REGULATION A
For the fiscal semiannual period ended June 30, 2022
For
The Holiday Lifestyle Fund 1 L.L.C.
A Florida Limited Liability Company
I.R.S EIN:0001851006
The Holiday Lifestyle Fund 1 L.L.C.
169 Griffin Boulevard, Suite 106
Panama City Beach, Florida 32413
Phone: 850-235-2090
MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
The following is a statement by the management regarding the period of January 1, 2022 through June 30, 2022. The following balance sheets were prepared by the Company.
Revenue
For the period of January 1, 2022 through June 30, 22 the Company had zero dollars ($0) in revenues because the Company had no operations during this period.
Operating Expenses
For the period of January 1, 2022 through June 30, 2022 the Company had zero dollars ($0) in Operating Expenses because the Company had no operations during this period.
General and Administrative Expense
General and administrative expenses remained at zero dollars ($0) for the period because the Company had no operations during this period.
Loss from Operations
Losses from operations remained at zero dollars ($0) for the period because the Company had no operations during this period.
Item 2. OTHER INFORMATION
There is no information required to be disclosed under Item 2 of the Form 1-SA
Profit and Loss
January – June, 2021
Income
Holiday Lifestyle Fund 1, LLC
Balance Sheets
For the period January 1, 2022 - June 30, 2022 and January 1, 2021 - June 30, 2021
| ASSETS | 2022 | 2021 | ||||||
| Current Assets | $ | — | $ | — | ||||
| Cash | — | — | ||||||
| Total Current Assets | ||||||||
| TOTAL ASSETS | $ | — | $ | — | ||||
| LIABILITIES AND MEMBERS’ EQUITY | ||||||||
| Current Liabilities | ||||||||
| Total Current Liabilities | $ | — | $ | — | ||||
| TOTAL LIABILITIES | — | — | ||||||
| Member’s Equity | ||||||||
| TOTAL MEMBER’S EQUITY | — | — | ||||||
| TOTAL LIABILITIES AND MEMBER’S EQUITY | $ | — | $ | — |
The Holiday Lifestyle Fund 1, LLC
Statements of Operations
For the period January 1, 2022 – June 30, 2022 and January 1, 2021 – June 30, 2021
| 2022 | 2021 | |||||||
| REVENUE | ||||||||
| Total revenue | $ | — | $ | — | ||||
| EXPENSES | ||||||||
| Total operating expenses | — | — | ||||||
| LOSS FROM OPERATIONS | — | — | ||||||
| OTHER INCOME (EXPENSES) | — | — | ||||||
| NET LOSS | $ | — | $ | — |
The Holiday Lifestyle Fund 1, LLC
Statements of Member’s Equity
For the period January 1, 2022 – June 30, 2022 and January 1, 2021 – June 30, 2021
| Class A Units | Class A Units Value | Class B Units | Class B Units Value | Retained Earnings | Total | |||||||||||||||||||
| January 1, 2021 | - | $ - | - | $- | $- | $- | ||||||||||||||||||
| Issuance of Founders Units | — | — | 27,000 | — | — | — | ||||||||||||||||||
| Contribution from Member | — | — | — | — | — | — | ||||||||||||||||||
| Net income (loss) | — | — | — | — | — | — | ||||||||||||||||||
| June 30, 2021 | — | $ | — | 27,000 | $ | — | $ | — | $ | — | ||||||||||||||
| June 30, 2022 | — | $ | — | 27,000 | $ | — | $ | — | $ | — | ||||||||||||||
The Holiday Lifestyle Fund 1, LLC
Statements of Cash Flows
For the period January 1, 2022 – June 30, 2022 and January 1, 2021 – June 30 2021
| CASH FLOWS FROM OPERATING ACTIVITIES | 2022 | 2021 | ||||||
| Net loss | $ | — | $ | — | ||||
| Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: | ||||||||
| Net cash provided by operating activities | — | — | ||||||
| CASH FLOWS FROM INVESTING ACTIVITIES | ||||||||
| Net cash (used in) investing activities | — | — | ||||||
| CASH FLOWS FROM FINANCING ACTIVITIES | ||||||||
| Contribution from shareholder | — | — | ||||||
| Net cash provided by financing activities | — | — | ||||||
| NET INCREASE IN CASH | — | — | ||||||
| Cash at beginning of year | — | — | ||||||
| Cash at end of year | $ | — | $ | — | ||||
| SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION | ||||||||
| Cash paid during year for interest | $ | — | $ | — | ||||
| Cash paid during year for income taxes | $ | — | $ | — |
EXHIBITS
Exhibit 2 Articles of Organization
Exhibit 3 Operating Agreement
Exhibit 4 Subscription Agreement
Exhibit 11 Written Expert Consent Letter of Accountant
Exhibit 16 Affiliates Diagram
1
SIGNATURES
Pursuant to the requirements of Regulation A, the issuer has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Panama City Beach, FL, on September 27, 2022.
(Exact name of issuer as specified in its charter)
Holiday Lifestyle Fund 1, L.L.C.
169 Griffin Boulevard, Suite 106
Panama City Beach, Florida 32413
s/Robert Easter, Jr.
Robert Easter, Jr., Chief Executive Officer of the Company
Date: September 27, 2022
Location Signed: City of Panama City Beach, Florida
Pursuant to the requirements of Regulation A, this Report has been signed by the following persons in the capacities and on the dates indicated:
s/Robert Easter, Jr.
Robert Easter, Jr., Chief Executive Officer of the Company
Date: September 27, 2022
Location Signed: City of Panama City Beach, Florida
