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REGISTERED NUMBER: OC304321 (England and Wales)















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: A J Mayhew
Dr D B Brown





REGISTERED OFFICE: Tavistock House Tavistock Square
4th Floor
North West Wing
London
WC1H 9JP





REGISTERED NUMBER: OC304321 (England and Wales)





AUDITOR: Paul Hartley FCA
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 51,866 40,498
Cash at bank 118,771 86,631
170,637 127,129
CREDITORS
Amounts falling due within one year 5 31,137 5,000
NET CURRENT ASSETS 139,500 122,129
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 - (21,097 )
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 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 13 June 2025 and were signed by:





Dr D B Brown - Designated member

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
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 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 3,308 -
Amounts owed by group undertakings 40,498 40,498
Other debtors 8,060 -
51,866 40,498

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Taxation and social security 2,287 -
Other creditors 28,850 5,000
31,137 5,000

6. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans are unsecured as part of capital.

7. RESERVES
Other
reserves
£   
At 1 April 2024 (21,097 )
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.

Paul Hartley FCA

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.