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REGISTERED NUMBER: OC427673 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

V7 CAP1 LLP

V7 CAP1 LLP (REGISTERED NUMBER: OC427673)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


V7 CAP1 LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DESIGNATED MEMBERS: V7 Investments Limited
KH V Properties 106 Limited





REGISTERED OFFICE: 55 Loudoun Road
St John's Wood
London
NW8 0DL





REGISTERED NUMBER: OC427673 (England and Wales)





ACCOUNTANTS: MGR SD Limited
Chartered Accountants
55 Loudoun Road
St John's Wood
London
NW8 0DL

V7 CAP1 LLP (REGISTERED NUMBER: OC427673)

BALANCE SHEET
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £   
FIXED ASSETS
Investments 4 200 200

CURRENT ASSETS
Debtors 5 1,750,231 1,745,017

CREDITORS
Amounts falling due within one year 6 (15,431 ) (10,217 )
NET CURRENT ASSETS 1,734,800 1,734,800
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO MEMBERS 1,735,000 1,735,000

LOANS AND OTHER DEBTS DUE TO MEMBERS - -

MEMBERS' OTHER INTERESTS
Capital accounts 1,735,000 1,735,000
1,735,000 1,735,000

TOTAL MEMBERS' INTERESTS
Members' other interests 1,735,000 1,735,000
Amounts due from members 5 (27,393 ) (22,179 )
1,707,607 1,712,821

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 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.

V7 CAP1 LLP (REGISTERED NUMBER: OC427673)

BALANCE SHEET - continued
31 DECEMBER 2024


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 30 May 2025 and were signed by:





V7 Investments Limited - Designated member

V7 CAP1 LLP (REGISTERED NUMBER: OC427673)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. STATUTORY INFORMATION

V7 Cap1 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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 4 (2023 - 4 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2024
and 31 December 2024 200
NET BOOK VALUE
At 31 December 2024 200
At 31 December 2023 200

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Amounts owed by group undertakings 1,722,838 1,722,838
Other debtors 27,393 22,179
1,750,231 1,745,017

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Amounts owed to related parties 13,231 8,617
Other creditors 2,200 1,600
15,431 10,217

V7 CAP1 LLP (REGISTERED NUMBER: OC427673)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


7. RELATED PARTY DISCLOSURES

V7 Cap1 (Bristol) Limited

A wholly owned subsidiary.


At the balance sheet date the partnership was owed £549,900 (2023: £549,900) by V7 Cap1 (Bristol) Ltd. There were no transactions undertaken during the year under review with V7 Cap1 (Bristol) Limited.

31.12.24 31.12.23
£    £   
Amount due from related party at the balance sheet date 549,900 549,900

V7 Cap2 (Bristol) Limited

A wholly owned subsidiary.


At the balance sheet date the partnership was owed £1,172,938 (2023: £1,172,938) by V7 Cap2 (Bristol) Ltd. There were no transactions undertaken during the year under review with V7 Cap2 (Bristol) Limited.

31.12.24 31.12.23
£    £   
Amount due from related party at the balance sheet date 1,172,938 1,172,938

V7 AM Ltd

A company under the same control as V7 Investments Limited.


At the balance sheet date the partnership owed £13,231 (2023: £8,617) to V7 AM Ltd. Transactions during the year under review were limited to the repayment of funds.

31.12.24 31.12.23
£    £   
Amount due to related party at the balance sheet date 13,231 8,617