Industry Capital Advisors UK LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: OC429079

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		97		264

			97		264
CURRENT ASSETS
Debtors	5	110,232		132,456
Cash at bank and in hand		24,137		29,173

		134,369		161,629
Creditors: Amounts Falling Due Within One Year	6	(39,076 )		(65,786 )

NET CURRENT ASSETS (LIABILITIES)			95,293		95,843

TOTAL ASSETS LESS CURRENT LIABILITIES			95,390		96,107

NET ASSETS ATTRIBUTABLE TO MEMBERS			95,390		96,107

REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts		95,390		96,107

			95,390		96,107

			95,390		96,107

TOTAL MEMBERS' INTEREST
Amounts due from members			(82,050)		(84,661)
Loans and other debts due to members within one year			95,390		96,107

			13,340		11,446

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Industry Capital Advisors UK LLP

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.

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

The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

Mr Rajesh Morjaria

Designated Member

19/09/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Industry Capital Advisors UK LLP is a limited liability partnership, incorporated in England & Wales, registered number OC429079 . The Registered Office is 57-61 Gilmoora House, Mortimer Street, London, W1W 8HS.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

Straight Line - 2 years

2.4. Foreign Currencies

Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: NIL (2024: NIL)

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 April 2024	333

As at 31 March 2025	333

Depreciation
As at 1 April 2024	69
Provided during the period	167

As at 31 March 2025	236

Net Book Value
As at 31 March 2025	97

As at 1 April 2024	264

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	110,232	132,456

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Industry Capital Advisors UK LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	3,452	-
Other creditors	35,624	65,786

	39,076	65,786

7. Related Party Transactions

Energy Company of the Future Limited

During the period, Energy Company of the Future Limited, made payments to Industry Capital Advisors UK LLP totaling £16,476 (2024 £0). The transactions arose in the normal course of business and were conducted on an arm’s length basis. Norman Villarina is a partner in Industry Capital Advisors UK LLP and also serves as a director of Energy Company of the Future Limited. At the end of the period, there was no outstanding balance.

8. Ultimate Controlling Party

The members are considered to collectively control the Limited Liability Partnership.

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