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REGISTERED NUMBER: OC441137 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Omnia SPV LLP

Omnia SPV LLP (Registered number: OC441137)

Contents of the Financial Statements
for the Year Ended 31 March 2024










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Omnia SPV LLP

General Information
for the Year Ended 31 March 2024







DESIGNATED MEMBERS: S Patel
J Sandhu





REGISTERED OFFICE: Argyle House
Joel Street
Northwood
Middlesex
HA6 1NW





REGISTERED NUMBER: OC441137 (England and Wales)





ACCOUNTANTS: APT
44 The Pantiles
Tunbridge Wells
Kent
TN2 5TN

Omnia SPV LLP (Registered number: OC441137)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 - 2,882
Investments 5 214,859 112,467
Investment property 6 4,903,606 1,812,999
5,118,465 1,928,348

CURRENT ASSETS
Debtors 7 216,874 2,899
Cash at bank 53,459 -
270,333 2,899
CREDITORS
Amounts falling due within one year 8 2,245,347 842,108
NET CURRENT LIABILITIES (1,975,014 ) (839,209 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,143,451

1,089,139

CREDITORS
Amounts falling due after more than one
year

9

1,097,223

-
NET ASSETS ATTRIBUTABLE TO
MEMBERS

2,046,228

1,089,139

Omnia SPV LLP (Registered number: OC441137)

Balance Sheet - continued
31 March 2024

31.3.24 31.3.23
Notes £    £    £   
LOANS AND OTHER DEBTS DUE TO
MEMBERS

11

495,348

-

MEMBERS' OTHER INTERESTS
Capital accounts 1,626,034 1,164,293
Other reserves (75,154 ) (75,154 )
2,046,228 1,089,139

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 11 495,348 -
Members' other interests 1,550,880 1,089,139
2,046,228 1,089,139

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 2024.

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 18 April 2025 and were signed by:





S Patel - Designated member

Omnia SPV LLP (Registered number: OC441137)

Notes to the Financial Statements
for the Year Ended 31 March 2024


1. STATUTORY INFORMATION

Omnia SPV 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 as modified by the revaluation of certain assets.

The functional and presentational currency of the LLP is pounds sterling. Monetary amounts in these financial statements are rounded to the nearest £1, except where otherwise indicated.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Fixed asset investments
Fixed Asset Investments are shown at fair value or where fair value cannot be readily ascertained at cost less impairment. Any aggregate deficit or surplus arising from changes in fair value is recognised through profit and loss.

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2023 - NIL).

Omnia SPV LLP (Registered number: OC441137)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 3,842
Disposals (3,842 )
At 31 March 2024 -
DEPRECIATION
At 1 April 2023 960
Eliminated on disposal (960 )
At 31 March 2024 -
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 2,882

5. FIXED ASSET INVESTMENTS
Unlisted
investments
£   
COST
At 1 April 2023 112,467
Additions 105,912
Disposals (3,520 )
At 31 March 2024 214,859
NET BOOK VALUE
At 31 March 2024 214,859
At 31 March 2023 112,467

At 31 March 2024 the LLP held investments in:

RLC Ventures I LP £164,859 (2023 £112,467)
Eng8 (International) Limited £50,000 (2023 Nil)

Omnia SPV LLP (Registered number: OC441137)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 1,812,999
Additions 2,709,785
Revaluations 380,822
At 31 March 2024 4,903,606
NET BOOK VALUE
At 31 March 2024 4,903,606
At 31 March 2023 1,812,999

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2024 380,822
Cost 4,522,784
4,903,606

If investment property had not been revalued it would have been included at the following historical cost:

31.3.24 31.3.23
£    £   
Cost 4,522,784 1,852,289

Investment property was valued on an open market basis on 31 March 2024 by the designated members .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 216,874 2,899

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 2,215,660 710,694
Trade creditors 7,334 128,894
Other creditors 22,353 2,520
2,245,347 842,108

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Other creditors 1,097,223 -

Omnia SPV LLP (Registered number: OC441137)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.3.24 31.3.23
£    £   
Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 1,097,223 -

10. SECURED DEBTS

The following secured debts are included within creditors:

31.3.24 31.3.23
£    £   
Bank loans 2,215,660 706,211
Loans 1,097,223 -
3,312,883 706,211

The LLP's borrowing is secured by first charges over its investment properties.

11. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally to other creditors