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REGISTERED NUMBER: OC343111 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

SAGITTARIUS INTELLECTUAL PROPERTY LLP

SAGITTARIUS INTELLECTUAL PROPERTY LLP (REGISTERED NUMBER: OC343111)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SAGITTARIUS INTELLECTUAL PROPERTY LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2025







DESIGNATED MEMBERS: Dr A J Teuten
Dr M Gibson





REGISTERED OFFICE: 19-21 Chapel Street
Marlow
Bucks
SL7 3HN





REGISTERED NUMBER: OC343111 (England and Wales)





ACCOUNTANTS: Richardson Jones
Chartered Accountants
Mercury House
19-21 Chapel Street
Marlow
Buckinghamshire
SL7 3HN

SAGITTARIUS INTELLECTUAL PROPERTY LLP (REGISTERED NUMBER: OC343111)

BALANCE SHEET
31ST MARCH 2025

31.3.25 31.3.24
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 40,413 54,157

CURRENT ASSETS
Debtors 5 1,062,409 1,582,776
Prepayments and accrued income 119,829 87,580
Cash at bank and in hand 984,620 882,087
2,166,858 2,552,443
CREDITORS
Amounts falling due within one year 6 804,951 997,559
NET CURRENT ASSETS 1,361,907 1,554,884
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

1,402,320

1,609,041

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

1,402,320

1,609,041

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 1,402,320 1,609,041

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 31st March 2025.

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 23rd June 2025 and were signed by:





Dr A J Teuten - Designated member

SAGITTARIUS INTELLECTUAL PROPERTY LLP (REGISTERED NUMBER: OC343111)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025

1. STATUTORY INFORMATION

Sagittarius Intellectual Property 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.

Turnover
Turnover represents net invoiced sales of services rendered, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Office equipment - 25% on cost

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Pension costs and other post-retirement benefits
The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 16 (2024 - 17 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Office
fittings equipment Totals
£ £ £
COST
At 1st April 2024 474,236 71,071 545,307
Additions - 15,430 15,430
Disposals - (25,551 ) (25,551 )
At 31st March 2025 474,236 60,950 535,186
DEPRECIATION
At 1st April 2024 445,665 45,485 491,150
Charge for year 12,688 15,734 28,422
Eliminated on disposal - (24,799 ) (24,799 )
At 31st March 2025 458,353 36,420 494,773
NET BOOK VALUE
At 31st March 2025 15,883 24,530 40,413
At 31st March 2024 28,571 25,586 54,157

SAGITTARIUS INTELLECTUAL PROPERTY LLP (REGISTERED NUMBER: OC343111)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£ £
Trade debtors 963,326 1,508,919
Other debtors 99,083 73,857
1,062,409 1,582,776

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£ £
Trade creditors 347,432 384,951
Taxation and social security 217,407 305,964
Other creditors 240,112 306,644
804,951 997,559

7. LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of a winding up, distribution of the assets available would be made firstly to the creditors of the LLP and then secondly to the members in accordance with their respective entitlements.