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REGISTERED NUMBER: OC361362 (England and Wales)











REPORT OF THE MEMBERS AND

FINANCIAL STATEMENTS

FOR THE PERIOD

1 APRIL 2023 TO 30 SEPTEMBER 2024

FOR

ADDIDI ANGELS 2 LLP

ADDIDI ANGELS 2 LLP (REGISTERED NUMBER: OC361362)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 30 SEPTEMBER 2024










Page

General Information 1

Report of the Members 2

Income Statement 4

Other Comprehensive Income 5

Balance Sheet 6

Reconciliation of Members' Interests 8

Notes to the Financial Statements 10


ADDIDI ANGELS 2 LLP

GENERAL INFORMATION
FOR THE PERIOD 1 APRIL 2023 TO 30 SEPTEMBER 2024







DESIGNATED MEMBERS: Mrs A Sofat
Ms M Batheja





REGISTERED OFFICE: Karinga House
The Warren
Caversham
Reading
Berkshire
RG4 7TQ





REGISTERED NUMBER: OC361362 (England and Wales)





ACCOUNTANTS: Sage & Co
Chartered Accountants
40 High Street
Northwood
Middlesex
HA6 1BN

ADDIDI ANGELS 2 LLP (REGISTERED NUMBER: OC361362)

REPORT OF THE MEMBERS
FOR THE PERIOD 1 APRIL 2023 TO 30 SEPTEMBER 2024


The members present their report with the financial statements of the LLP for the period 1 April 2023 to 30 September 2024.

PRINCIPAL ACTIVITY
The principal activity of the LLP in the period under review was that of investment in private unquoted companies.

DESIGNATED MEMBERS
The designated members during the period under review were:

Mrs A Sofat
Ms M Batheja

RESULTS FOR THE PERIOD AND ALLOCATION TO MEMBERS
The loss for the period before members' remuneration and profit shares was £173,040 (2023 - £1,200 loss).

MEMBERS' INTERESTS
Profits are determined, allocated and divided between members after the finalisation of the accounts. Prior to allocation of profits and their division between members, drawings are included as "amounts due from members" within debtors. Unallocated profits are included within equity as "members' other interests".

The agreement between the members requires each member to make a contribution of £20,000. In the event of death or retirement of a member, no payment of capital will be made until all the investments have made and realised in accordance with this agreement and only when profits are distributed to the members will a payment be made in respect of their share.

STATEMENT OF MEMBERS' RESPONSIBILITIES
The members are responsible for preparing the Report of the Members and the financial statements in accordance with applicable law and regulations.

Legislation applicable to limited liability partnerships requires the members to prepare financial statements for each financial year. Under that law the members have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under legislation applicable to limited liability partnerships the members must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the LLP and of the profit or loss of the LLP for that period. In preparing these financial statements, the members are required to:

- select suitable accounting policies and then apply them consistently;
- make judgements and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the LLP will continue in business.


ADDIDI ANGELS 2 LLP (REGISTERED NUMBER: OC361362)

REPORT OF THE MEMBERS
FOR THE PERIOD 1 APRIL 2023 TO 30 SEPTEMBER 2024

STATEMENT OF MEMBERS' RESPONSIBILITIES - continued
The members are responsible for keeping adequate accounting records that are sufficient to show and explain the LLP's transactions and disclose with reasonable accuracy at any time the financial position of the LLP and enable them to ensure that the financial statements comply with the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008. They are also responsible for safeguarding the assets of the LLP and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

ON BEHALF OF THE MEMBERS:





Mrs A Sofat - Designated member


12 June 2025

ADDIDI ANGELS 2 LLP (REGISTERED NUMBER: OC361362)

INCOME STATEMENT
FOR THE PERIOD 1 APRIL 2023 TO 30 SEPTEMBER 2024

Period
1/4/23
to Year ended
30/9/24 31/3/23
Notes £    £   

TURNOVER - -

Administrative expenses 1,200 1,200
OPERATING LOSS (1,200 ) (1,200 )

Profit/loss on disposal of fixed asset
investments

4

74,500

-
(75,700 ) (1,200 )

Amounts written off investments 97,340 -
LOSS FOR THE FINANCIAL PERIOD
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES AVAILABLE FOR
DISCRETIONARY DIVISION AMONG
MEMBERS




(173,040




)




(1,200




)

ADDIDI ANGELS 2 LLP (REGISTERED NUMBER: OC361362)

OTHER COMPREHENSIVE INCOME
FOR THE PERIOD 1 APRIL 2023 TO 30 SEPTEMBER 2024

Period
1/4/23
to Year ended
30/9/24 31/3/23
Notes £    £   

LOSS FOR THE FINANCIAL PERIOD
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES AVAILABLE FOR
DISCRETIONARY DIVISION AMONG
MEMBERS




(173,040




)




(1,200




)


OTHER COMPREHENSIVE INCOME - -
TOTAL COMPREHENSIVE INCOME FOR
THE PERIOD

(173,040

)

(1,200

)

ADDIDI ANGELS 2 LLP (REGISTERED NUMBER: OC361362)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Investments 5 - 172,340

CURRENT ASSETS
Debtors 340,278 167,238
Cash at bank 1,032 1,532
341,310 168,770
CREDITORS
Amounts falling due within one year 6 1,000 1,000
NET CURRENT ASSETS 340,310 167,770
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

340,310

340,110

LOANS AND OTHER DEBTS DUE TO
MEMBERS

-

-

MEMBERS' OTHER INTERESTS
Capital accounts 340,310 340,110
340,310 340,110

TOTAL MEMBERS' INTERESTS
Members' other interests 340,310 340,110
Amounts due from members (340,278 ) (167,238 )
32 172,872

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 period ended 30 September 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.

ADDIDI ANGELS 2 LLP (REGISTERED NUMBER: OC361362)

BALANCE SHEET - continued
30 SEPTEMBER 2024


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

The financial statements were approved by the members of the LLP and authorised for issue on 12 June 2025 and were signed by:




Mrs A Sofat - Designated member




Ms M Batheja - Designated member


ADDIDI ANGELS 2 LLP (REGISTERED NUMBER: OC361362)

RECONCILIATION OF MEMBERS' INTERESTS
FOR THE PERIOD 1 APRIL 2023 TO 30 SEPTEMBER 2024


EQUITY
Members' other interests
Members'
capital
(classified
as Other
equity) reserves Total
£    £    £   
Balance at 1 April 2023 340,110 - 340,110
Loss for the financial period available for
discretionary division among members

-

(173,040

)

(173,040

)
Members' interests after loss for the period 340,110 (173,040 ) 167,070
Other divisions of loss - 173,040 173,040
Introduced by members 200 - 200
Balance at 30 September 2024 340,310 - 340,310

DEBT TOTAL
Loans and other debts due to MEMBERS'
members less any amounts due INTERESTS
from members in debtors
Other
amounts Total
£    £   
Amount due to members -
Amount due from members (167,238 )
Balance at 1 April 2023 (167,238 ) 172,872
Loss for the financial period available for
discretionary division among members

-

(173,040

)

Members' interests after loss for the period (167,238 ) (168 )
Other divisions of loss (173,040 ) -
Introduced by members - 200
Amount due to members -
Amount due from members (340,278 )
Balance at 30 September 2024 (340,278 ) 32

ADDIDI ANGELS 2 LLP (REGISTERED NUMBER: OC361362)

RECONCILIATION OF MEMBERS' INTERESTS
FOR THE PERIOD 1 APRIL 2023 TO 30 SEPTEMBER 2024

EQUITY
Members' other interests
Members'
capital
(classified
as Other
equity) reserves Total
£    £    £   
Balance at 1 April 2022 339,110 - 339,110
Loss for the financial period available for
discretionary division among members

-

(1,200

)

(1,200

)
Members' interests after loss for the period 339,110 (1,200 ) 337,910
Other divisions of loss - 1,200 1,200
Introduced by members 1,000 - 1,000
Balance at 31 March 2023 340,110 - 340,110

DEBT TOTAL
Loans and other debts due to MEMBERS'
members less any amounts due INTERESTS
from members in debtors
Other
amounts Total
£    £   
Amount due to members -
Amount due from members (166,038 )
Balance at 1 April 2022 (166,038 ) 173,072
Loss for the financial period available for
discretionary division among members

-

(1,200

)

Members' interests after loss for the period (166,038 ) 171,872
Other divisions of loss (1,200 ) -
Introduced by members - 1,000
Amount due to members -
Amount due from members (167,238 )
Balance at 31 March 2023 (167,238 ) 172,872

ADDIDI ANGELS 2 LLP (REGISTERED NUMBER: OC361362)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

Addidi Angels 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.

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
Investments held as fixed assets are stated at cost less provision for any impairment.

3. EMPLOYEE INFORMATION

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

4. EXCEPTIONAL ITEMS
Period
1/4/23
to Year ended
30/9/24 31/3/23
£    £   
Profit/loss on disposal of fixed asset
investments

(74,500

)

-

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2023 172,340
Disposals (75,000 )
Impairments (97,340 )
At 30 September 2024 -
NET BOOK VALUE
At 30 September 2024 -
At 31 March 2023 172,340

ADDIDI ANGELS 2 LLP (REGISTERED NUMBER: OC361362)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 30 SEPTEMBER 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Accruals and deferred income 1,000 1,000