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REGISTERED NUMBER: OC397158 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 December 2023

for

ICG-Longbow Partners Investments NO4 LLP

ICG-Longbow Partners Investments NO4 LLP (Registered number: OC397158)

Contents of the Financial Statements
for the year ended 31 December 2023










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ICG-Longbow Partners Investments NO4 LLP

General Information
for the year ended 31 December 2023







Designated members: G.A.T. Solutions Limited
Limmer Investments Limited





Registered office: Procession House 55
Ludgate Hill
London
EC4M 7JW





Registered number: OC397158 (England and Wales)






ICG-Longbow Partners Investments NO4 LLP (Registered number: OC397158)

Balance Sheet
31 December 2023

2023 2022
Notes £ £ £ £
Fixed assets
Investments 4 707,035 1,293,728

Current assets
Cash at bank 93,740 416,997

Creditors
Amounts falling due within one year 5 5,000 5,000
Net current assets 88,740 411,997
Total assets less current liabilities
and
Net assets attributable to members 795,775 1,705,725

Loans and other debts due to members 6 791,525 1,701,475

Members' other interests
Capital accounts 4,250 4,250
795,775 1,705,725

Total members' interests
Loans and other debts due to members 6 791,525 1,701,475
Members' other interests 4,250 4,250
795,775 1,705,725

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 December 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.

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 Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 4 March 2025 and were signed by:



G.A.T. Solutions Limited - Designated member

ICG-Longbow Partners Investments NO4 LLP (Registered number: OC397158)

Notes to the Financial Statements
for the year ended 31 December 2023


1. Statutory information

ICG-Longbow Partners Investments NO4 LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

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.

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

Amounts in these financial statements are rounded to the nearest £.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover is measured on the accruals basis of accounting.

Financial instruments
Financial assets and liabilities are recognised when the LLP becomes party to the contractual provisions of the financial instrument. The firm only holds basic financial instruments which comprise cash and cash equivalents, trade and other receivables, trade and other payables. The LLP has chosen to apply the provisions of Section 11 Basic Financial Instruments in full.

Financial assets - classified as basic financial instruments

(i) Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held with banks, and other short-term highly liquid investments with original maturities of three months or less.

(ii) Trade and other receivables
Trade and other receivables are initially recognised at the transaction price, including any transaction costs, and subsequently measured at amortised cost using the effective interest method, less any provision for impairment. Amounts that are receivable within one year are measured at the undiscounted amount of the cash expected to be received, net of any impairment.
At the end of each reporting period, the firm assesses whether there is objective evidence that a receivable amount may be impaired. A provision for impairment is established when there is objective evidence that the firm will not be able to collect all amounts due according to the original terms of the receivables. The amount of the provision is the difference between the asset's carrying amount and the present value of the estimated future cash flows, discounted at the effective interest rate. The amount of the provision is recognised immediately in the Income Statement.

(iii) Trade and other payables and loans and borrowings
Trade and other payables and loans and borrowings are initially measured at the transaction price, including any transaction costs, and subsequently measured at amortised cost using the effective interest method. Amounts that are payable within one year are measured at the undiscounted amount of the cash expected to be paid.

Administrative expenses
The LLP has not employed any staff in the period.

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

Taxation
Tax payable on the profits of the partnership is the liability of the Members.

ICG-Longbow Partners Investments NO4 LLP (Registered number: OC397158)

Notes to the Financial Statements - continued
for the year ended 31 December 2023


2. Accounting policies - continued

Going concern
These financial statements have been prepared on a going concern basis.

The current economic conditions present increased risks for all businesses. In response to such conditions, the members have carefully considered these risks including an assessment on uncertainty on future trading projection for a period of at least 12 months from the date of signing the financial statements, and the extent to which they might affect the preparation of the financial statements on a going concern basis.

Based on assessment, the members consider that the LLP maintains an appropriate level of liquidity, sufficient to meet the demands of the business including any capital and servicing obligations and external debt liabilities.

In addition, the LLP's assets are assessed for recoverability on a regular basis, and the members consider that the LLP is not exposed to losses on these assets which would affect their decision to adopt the going concern basis.

The Members have a reasonable expectation that the LLP has adequate resources to continue in operational existence for the foreseeable future and that there are no material uncertainties that lead to significant doubts upon the LLP's ability to continue as a going concern. Thus the members have continued to adopt the going concern basis of accounting in preparing these financial statements.

3. Employee information

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

4. Fixed asset investments
Unlisted
investments
£
Cost
At 1 January 2023 1,293,728
Disposals (85,449 )
Impairments (501,244 )
At 31 December 2023 707,035
Net book value
At 31 December 2023 707,035
At 31 December 2022 1,293,728

5. Creditors: amounts falling due within one year
2023 2022
£ £
Accrued expenses 5,000 5,000

6. Loans and other debts due to members

In the event of a winding up the amounts included in "Loans and other debts due to members" will rank equally with unsecured creditors.