| REGISTERED NUMBER: |
| Financial Statements for the Year Ended 31 March 2025 |
| for |
| Sanctum FI LLP |
| REGISTERED NUMBER: |
| Financial Statements for the Year Ended 31 March 2025 |
| for |
| Sanctum FI LLP |
| Sanctum FI LLP (Registered number: OC304321) |
| Contents of the Financial Statements |
| for the Year Ended 31 March 2025 |
| Page |
| General Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Sanctum FI LLP |
| General Information |
| for the Year Ended 31 March 2025 |
| DESIGNATED MEMBERS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| AUDITOR: |
| Statutory Auditor |
| PO Box 27075 |
| London |
| N2 0FZ |
| Sanctum FI LLP (Registered number: OC304321) |
| Balance Sheet |
| 31 March 2025 |
| 2025 | 2024 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors | 4 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| and |
| NET ASSETS ATTRIBUTABLE TO MEMBERS |
139,500 |
122,129 |
| LOANS AND OTHER DEBTS DUE TO MEMBERS |
6 |
45,157 |
48,883 |
| MEMBERS' OTHER INTERESTS |
| Capital accounts | 94,343 | 94,343 |
| Other reserves | 7 | ( |
) |
| 139,500 | 122,129 |
| TOTAL MEMBERS' INTERESTS |
| Loans and other debts due to members | 6 | 45,157 | 48,883 |
| Members' other interests | 94,343 | 73,246 |
| Amounts due from members | 4 | (817 | ) | - |
| 138,683 | 122,129 |
| Sanctum FI LLP (Registered number: OC304321) |
| Balance Sheet - continued |
| 31 March 2025 |
| The financial statements were approved by the members of the LLP and authorised for issue on |
| Sanctum FI LLP (Registered number: OC304321) |
| Notes to the Financial Statements |
| for the Year Ended 31 March 2025 |
| 1. | STATUTORY INFORMATION |
| Sanctum FI LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page. |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents revenue earned under contracts to provide investment services. Revenue is measured in accordance with the contracts and represents amounts chargeable to clients including expenses and disbursements and VAT. Revenue is recognised as earned when the firm obtains the right of consideration in exchange for performance under those contracts and the amount of the revenue can be reliably measured. |
| 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. |
| Going concern |
| The LLP has a satisfactory capital position and has sufficient funds available to cover its operating requirements for the foreseeable future.There are no material differences between the carrying values of assets and liabilities as presented in these accounts and the values that would be expected to crystallise in the wind up of the LLP.. |
| Financial instruments |
| The entity does not trade in financial instruments and all such instruments arise directly from operations. All trade and other debtors are initially recognised at transaction value, as none contain in substance a financing transaction. Thereafter trade and other debtors are reviewed for impairment where there is objective evidence based on observable data that the balance may be impaired. The entity does not hold collateral against its trade and other receivables so its exposure to credit risk is the net balance of trade and other debtors after allowance for impairment. The entity's cash holdings comprise on demand balances. All cash is held with banks with strong external credit ratings. Trade and other creditors and accruals are initially recognised at transaction value as none represent a financing transaction. They are only derecognised when they are extinguished. As the entity only has short term receivables and payables, its net current asset position is a reasonable measure of its liquidity at any given time. |
| 3. | EMPLOYEE INFORMATION |
| The average number of employees during the year was NIL (2024 - NIL). |
| Sanctum FI LLP (Registered number: OC304321) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2025 |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Amounts owed by group undertakings |
| Other debtors |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Taxation and social security |
| Other creditors |
| 6. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
| Loans are unsecured as part of capital. |
| 7. | RESERVES |
| Other |
| reserves |
| £ |
| At 1 April 2024 | ( |
) |
| Profit share to A Mayhew | 21,097 |
| At 31 March 2025 |
| 8. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
| The Report of the Auditor was unqualified. |
| 9. | RELATED PARTY DISCLOSURES |
| Dr D Brown has a controlling interest in Stochastico Limited. Sanctum FI LLP was paid £114,900 fees by Stochastico during the year ended 31 March 2025. |
| Sanctum FI LLP paid legal fees in respect of the establishment of Financial Science Holdings Limited, a company registered in Guernsey. |
| 10. | ULTIMATE CONTROLLING PARTY |
| The controlling party is Dr D B Brown. |