Think Investments Europe LLP - Accounts to registrar (filleted)

REGISTERED NUMBER: OC438894 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

THINK INVESTMENTS EUROPE LLP

Page

General information

1

Balance sheet

2

Notes to the financial statements

4

Designated members:

S Shah

Think Capital Management UK Limited

Registered office:

7th Floor

50 Broadway

London

SW1H 0BL

Registered number:

OC438894 (England and Wales)

Accountants:

Vistra Trust Company Limited

First Floor, Templeback

10 Temple back

Bristol

BS1 6FL

FIXED ASSETS

Tangible assets

4

30,796

38,495

CURRENT ASSETS

Debtors

5

800,160

576,643

Cash at bank

47,168

15,675

847,328

592,318

CREDITORS

Amounts falling due within one year

6

(5,533

)

(9,650

)

NET CURRENT ASSETS

841,795

582,668

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO
MEMBERS

872,591

621,163

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

861,591

610,163

MEMBERS' OTHER INTERESTS

Capital accounts

11,000

872,591

621,163

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

861,591

610,163

Members' other interests

11,000

872,591

621,163

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 31 December 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.

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 26 September 2025 and were signed by:

S Shah - Designated member

1.	STATUTORY INFORMATION

Think Investments Europe 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 LLP’s functional and presentational currency is pounds sterling (GBP) and the financial statements have been rounded to the nearest pound (£).

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 is accrued at the cost plus rate as relevant expenses are recognised. Expenses are recognised as costs are incurred.

Tangible fixed assets

Tangible fixed assets are stated at historic cost less accumulated depreciation and any impairment losses.

Depreciation is charged to profit or loss over the estimated useful economic lives, as follows:

Motor vehicles: 20% reducing balance basis

Financial instruments

The LLP has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS102 to all of its financial instruments.

Financial instruments are recognised in the LLP's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into.

Basic financial liabilities

Basic financial liabilities, including creditors, and loans from fellow group entities are initially recognised at transaction price.

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.

Taxation

Taxation on all the LLP's profits is solely the personal liability of individual members and is not dealt with in these financial statements.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

Cost

At 1 January 2024

and 31 December 2024

59,995

Depreciation

At 1 January 2024

21,500

Charge for year

7,699

At 31 December 2024

29,199

Net book value

At 31 December 2024

30,796

At 31 December 2023

38,495

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

Amounts owed by group undertakings

793,150

566,557

Other debtors

7,010

10,086

800,160

576,643

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

Other creditors

5,533

9,650

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

A reconciliation of members' interest can be seen on pages 5 and 6 of the financial statements.

The amounts in loans and other debts due to members are payable on winding up after the payment of all money due to creditors of the LLP and all expenses of the winding up are settled.

8.	RELATED PARTY DISCLOSURES

Included in debtors is £27,942 (2023: £12,043) owed to Think Capital Management UK Limited, a partner of the LLP. This loan is unsecured, interest free and has no set terms for repayment.

Included in debtors is £765,208 (2023: £554,514) owed to Think Investments LP, a partnership in which Mr Shah is also a partner. This loan is unsecured, interest free and has no set terms for repayment.