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REGISTERED NUMBER: OC353966 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 MARCH 2023 |

| FOR |

| GENICH 2 LLP |

| GENICH 2 LLP (REGISTERED NUMBER: OC353966) |

CONTENTS OF THE FINANCIAL STATEMENTS

for the Year Ended 31 March 2023

Page |

| General Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 4 |

| GENICH 2 LLP |

GENERAL INFORMATION

for the Year Ended 31 March 2023

| DESIGNATED MEMBERS: | Miss G L Donaldson

| C J Donaldson

| Miss N M Donaldson

| REGISTERED OFFICE: | 1 Dartmouth Drive

| Windle

| St Helens

| Merseyside

| WA10 6BP

| REGISTERED NUMBER: | OC353966 (England and Wales)

| ACCOUNTANTS: | Fairhurst

| Chartered Accountants

| Douglas Bank House

| Wigan Lane

| Wigan

| Lancashire

| WN1 2TB

| GENICH 2 LLP (REGISTERED NUMBER: OC353966) |

STATEMENT OF FINANCIAL POSITION

31 March 2023

| 2023 | 2022 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investment property | 4 | 848,793 |  | 710,000 |  |

CURRENT ASSETS

Debtors | 5 | 2,719 |  | 2,732 |  |

Cash at bank | 23,569 |  | 87,880 |  |

26,288 |  | 90,612 |  |

CREDITORS

Amounts falling due within one year | 6 | 13,584 |  | 1,200 |  |

NET CURRENT ASSETS | 12,704 |  | 89,412 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 861,497 |  | 799,412 |  |

CREDITORS

Amounts falling due after more than one year | 7 | 78,448 |  | - |  |

NET ASSETS ATTRIBUTABLE TO MEMBERS | 783,049 |  | 799,412 |  |

LOANS AND OTHER DEBTS DUE TO MEMBERS | 8 | 780,049 |  | 796,412 |  |

MEMBERS' OTHER INTERESTS

Capital accounts | 3,000 |  | 3,000 |  |

783,049 |  | 799,412 |  |

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members | 8 | 780,049 |  | 796,412 |  |

Members' other interests | 3,000 |  | 3,000 |  |

783,049 |  | 799,412 |  |

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2023.

The members acknowledge their responsibilities for:

(a) | ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the LLP as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

| GENICH 2 LLP (REGISTERED NUMBER: OC353966) |

STATEMENT OF FINANCIAL POSITION - continued

31 March 2023

The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 2 October 2023 and were signed by:

C J Donaldson - Designated member

| GENICH 2 LLP (REGISTERED NUMBER: OC353966) |

NOTES TO THE FINANCIAL STATEMENTS

for the Year Ended 31 March 2023

1. | STATUTORY INFORMATION

| Genich 2 LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

| The presentation currency of the financial statements is the Pound Sterling (£).

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

| These financial statements have been prepared in accordance with the Statement Of Recommended Practice, accounting for Limited Liability Partnerships.

| Investment property

| Investment properties are revalued annually and any surplus or deficit is dealt with through profit and loss. No depreciation is provided in respect of investment properties.

3. | EMPLOYEE INFORMATION

| The average number of employees during the year was NIL (2022 - NIL).

4. | INVESTMENT PROPERTY

| Total

£ |

| COST OR VALUATION

| At 1 April 2022 | 710,000 |  |

| Additions | 138,793 |  |

| At 31 March 2023 | 848,793 |  |

| NET BOOK VALUE

| At 31 March 2023 | 848,793 |  |

| At 31 March 2022 | 710,000 |  |

| Cost or valuation at 31 March 2023 is represented by:

£ |

| Valuation in 2012 | (33,883 | ) |

| Valuation in 2017 | 128,632 |  |

| Valuation in 2022 | 231,368 |  |

| Cost | 522,676 |  |

848,793 |  |

| In the opinion of the members, there has been no change in the market value of the properties and a revaluation has not therefore been carried out in the current year.

| GENICH 2 LLP (REGISTERED NUMBER: OC353966) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 March 2023

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2023 | 2022 |

£ | £ |

| Other debtors | 2,719 |  | 2,732 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2023 | 2022 |

£ | £ |

| Other creditors | 6,034 |  | - |  |

| Accruals and deferred income | 7,550 |  | 1,200 |  |

13,584 |  | 1,200 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2023 | 2022 |

£ | £ |

| Other creditors | 78,448 |  | - |  |

8. | LOANS AND OTHER DEBTS DUE TO MEMBERS |

2023 | 2022 |

£ | £ |

| Amounts owed to members in respect of profits | 780,049 |  | 796,412 |  |

| Falling due within one year | 780,049 |  | 796,412 |  |

| Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up.