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REGISTERED NUMBER: OC305207 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

RDC PARTNERS LLP

RDC PARTNERS LLP (REGISTERED NUMBER: OC305207)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 December 2024










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RDC PARTNERS LLP

GENERAL INFORMATION
for the year ended 31 December 2024







DESIGNATED MEMBERS: G & P Energy LLP
Renewable Development Company Ltd LLC





REGISTERED OFFICE: Linden House
Unit 4 Mold Business Park
Wrexham Road
Mold
Flintshire
CH7 1XP





REGISTERED NUMBER: OC305207 (England and Wales)





ACCOUNTANTS: Magma Audit LLP
16 Davy Court
Castle Mound Way
Rugby, CV23 0UZ
Magma Audit LLP is part
Of the Dains Group

RDC PARTNERS LLP (REGISTERED NUMBER: OC305207)

BALANCE SHEET
31 December 2024

2024 2023
Notes £    £   
FIXED ASSETS
Investments 4 - 99

CURRENT ASSETS
Debtors 5 - 611,100
Cash at bank 97,633 99,284
97,633 710,384
CREDITORS
Amounts falling due within one year 6 (9,360 ) (4,404 )
NET CURRENT ASSETS 88,273 705,980
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

88,273

706,079

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

9,596,440

10,214,246

MEMBERS' OTHER INTERESTS
Capital accounts (9,508,167 ) (9,508,167 )
88,273 706,079

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 9,596,440 10,214,246
Members' other interests (9,508,167 ) (9,508,167 )
88,273 706,079

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.

RDC PARTNERS LLP (REGISTERED NUMBER: OC305207)

BALANCE SHEET - continued
31 December 2024


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 Profit and Loss Account 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:





G & P Energy LLP - Designated member

RDC PARTNERS LLP (REGISTERED NUMBER: OC305207)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 December 2024


1. STATUTORY INFORMATION

RDC Partners LLP is a limited liability partnership registered in England and Wales. The registered office is Unit 4, Mold Business Park, Wrexham Road, Mold, Wales, CH7 1XP and the registered number is OC305207.

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 as modified by the revaluation of certain assets.

The presentational currency of the financial statements is Pound Sterling (£) and figures are rounded to the nearest £1.

Preparation of consolidated financial statements
The financial statements contain information about RDC Partners LLP as an individual LLP and do not contain consolidated financial information as the parent of a group. The LLP has taken the option under Section 398 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 not to prepare consolidated financial statements.

Investments in subsidiaries
Investments in subsidiary undertakings are initially recognised at cost and subsequently measured at cost less any accumulated impairment losses.

Financial instruments
(i) Financial assets

Basic financial assets, including trade and other debtors, cash and bank balances are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Such assets are subsequently carried at amortised cost using the effective interest rate method.

(ii) Financial liabilities

Basic financial liabilities, including trade and other creditors are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

RDC PARTNERS LLP (REGISTERED NUMBER: OC305207)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2024


2. ACCOUNTING POLICIES - continued

Members participating interest
Members participation rights are the rights of a member against the LLP that arise under the member's agreement.

Where a Member contributes capital to the LLP, that Member acquires a share in the LLP in accordance with the amount or value of that contribution.

The Members shall share any profits of a capital nature as certified by the Accountants, in the proportions of their capital contribution. No Member is entitled to receive interest on the amount of his proportion of the capital contributions to the LLP unless the Designated Members approve such interest payments.

The income and losses of the LLP shall be divided between the Members in the agreed proportions and credited to the Members' Current Accounts as soon as the annual accounts for the relevant accounting year of the LLP are approved by the Members.

Each Member may draw on account of their share of profits such sum and on such dates as agreed.

As soon as the share of the net profits has been credited to a Current Account and after provision has been made for sufficient money to be set aside to meet outstanding LLP liabilities, each Member may withdraw the balance of their share of the net profits, after allowing for all drawings made by that Member.

If any Member withdraws funds in excess of their profit share for an accounting year, that Member shall repay the excess drawings to the LLP immediately. Each Member shall have a Capital Account, to which their respective capital contributions shall be credited.

Each Member shall have a Current Account, to which shall be credited any income profit share to which each are entitled and any other sums of a current nature, and to which shall be debited any drawings

Cash and cash equivalents
Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutions, and other short-term highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

3. EMPLOYEE INFORMATION

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

4. FIXED ASSET INVESTMENTS

Details of the limited liability partnership's subsidiary at 31 December 2024 are as follows:


Name of undertaking

Registered office
Class of shares
held
% Held
Direct

RDC Developments Limited
Linden House, Unit 4 Mold Business Park,
Wrexham Road, Mold, CH7 1XP

Ordinary

100.00

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors - 611,100

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 6,180 24
Other creditors 3,180 4,380
9,360 4,404

RDC PARTNERS LLP (REGISTERED NUMBER: OC305207)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2024


7. LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of a winding up, the amounts included in "Loans and other debts due to members" will rank equally with unsecured creditors.

8. ULTIMATE CONTROLLING PARTY

The controlling members are G&P Energy LLP and Renewable Development Company Limited LLC, ultimately controlled by G&P Jewson, MA Haas and EA Buuck.