ICG SENIOR DEBT PARTNERS UK GP LIMITED

Company Registration Number:
08562977 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 1 April 2024

End date: 31 March 2025

ICG SENIOR DEBT PARTNERS UK GP LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2025

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

ICG SENIOR DEBT PARTNERS UK GP LIMITED

Directors' report period ended 31 March 2025

The directors present their report with the financial statements of the company for the period ended 31 March 2025

Principal activities of the company

The Partnership was registered in the Registrar of Limited Partnership for England and Wales on 14 June 2013. The registered office of the Partnership is Procession House, 55 Ludgate Hill, London, EC4M 7JW. The purpose of the Partnership is to purchase, hold, monitor, dispose of and realise Portfolio Investments that satisfy the Eligibility Criteria, as defined in the Agreement. The General Partner entered into an administration agreement with BNP Paribas S.A., Jersey Branch (the “Administrator”) to provide certain administrative services to the Partnership. The Partnership makes investments and executes its investment strategy in line with its mandate. Details relating to financial risk management and subsequent events are disclosed in Note 3 and Note 16 respectively. The first, and only, Closing Date of the Partnership was 26 June 2013. The Partnership comprises a Commitment from the Limited Partner of £163,001,000. The Commitment comprises a Capital Contribution of £1,000 and an Advance of £163,000,000. The Partnership is managed by the General Partner. The General Partner appointed Intermediate Capital Managers Limited as its Investment Advisor. Intermediate Capital Managers Limited is a wholly owned subsidiary of Intermediate Capital Group PLC (“ICG”). The General Partner entered into an administration agreement with BNP Paribas S.A., Jersey Branch (the “Administrator”) to provide certain administrative services to the Partnership. The Partnership makes investments and executes its investment strategy in line with its mandate. Details relating to financial risk management and subsequent events are disclosed in Note 3 and Note 16 respectively.



Directors

The directors shown below have held office during the whole of the period from
1 April 2024 to 31 March 2025

Andrew Gareth Lewis
Alexandra Elizabeth Anne Hone


The director shown below has held office during the period of
1 April 2024 to 31 May 2024

Katherine Lyn MALCOLM


The director shown below has held office during the period of
31 May 2024 to 31 March 2025

Ryan David ATKINSON


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
25 June 2025

And signed on behalf of the board by:
Name: Andrew Gareth Lewis
Status: Director

ICG SENIOR DEBT PARTNERS UK GP LIMITED

Profit And Loss Account

for the Period Ended 31 March 2025

2025 2024


£

£
Turnover: (2,262,155) 3,348,455
Cost of sales: ( 250,949 ) ( 286,045 )
Gross profit(or loss): (2,513,104) 3,062,410
Operating profit(or loss): (2,513,104) 3,062,410
Profit(or loss) before tax: (2,513,104) 3,062,410
Profit(or loss) for the financial year: (2,513,104) 3,062,410

ICG SENIOR DEBT PARTNERS UK GP LIMITED

Balance sheet

As at 31 March 2025

Notes 2025 2024


£

£
Fixed assets
Investments: 3 645,533 5,285,327
Total fixed assets: 645,533 5,285,327
Current assets
Debtors: 4 1,946 0
Cash at bank and in hand: 1,422,299 931,175
Investments: 5 11,866,634 13,679,657
Total current assets: 13,290,879 14,610,832
Creditors: amounts falling due within one year: 6 ( 130,625 ) ( 77,268 )
Net current assets (liabilities): 13,160,254 14,533,564
Total assets less current liabilities: 13,805,787 19,818,891
Total net assets (liabilities): 13,805,787 19,818,891
Capital and reserves
Called up share capital: 26,735,000 30,235,000
Profit and loss account: (12,929,213 ) (10,416,109 )
Total Shareholders' funds: 13,805,787 19,818,891

The notes form part of these financial statements

ICG SENIOR DEBT PARTNERS UK GP LIMITED

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 25 June 2025
and signed on behalf of the board by:

Name: Andrew Gareth Lewis
Status: Director

The notes form part of these financial statements

ICG SENIOR DEBT PARTNERS UK GP LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    refer to note 2.5

    Valuation information and policy

    refer to note 2.8 and 2.9

    Other accounting policies

    refer to note 2

ICG SENIOR DEBT PARTNERS UK GP LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

ICG SENIOR DEBT PARTNERS UK GP LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Fixed assets investments note

Refer to note 9

ICG SENIOR DEBT PARTNERS UK GP LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Debtors

2025 2024
£ £
Other debtors 1,946 0
Total 1,946 0

ICG SENIOR DEBT PARTNERS UK GP LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Current assets investments note

Refer to note 9

ICG SENIOR DEBT PARTNERS UK GP LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

6. Creditors: amounts falling due within one year note

2025 2024
£ £
Trade creditors 130,625 77,268
Total 130,625 77,268