TLM GEMINI LLP - Accounts

TLM GEMINI LLP
Contents Page
For the year ended 31 March 2025

Statement of financial position	1
Notes to the financial statements	2

TLM GEMINI LLP
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	18,078,466	22,616,466
		18,078,466	22,616,466
Current assets
Debtors		137,200	41,461
Cash at bank and in hand		1,273,385	3,977,367
		1,410,585	4,018,828
Creditors: amount falling due within one year		(861,616)	(1,002,668)
Net current assets		548,969	3,016,160

Total assets less current liabilities		18,627,435	25,632,626
Creditors: amount falling due after more than one year		(9,475,138)	(14,449,537)
Net assets		9,152,297	11,183,089

Represented by:
Loans and other debts due to members	4	11,824,418	11,173,089
Amounts due from members		(2,682,121)	0
Members' other interest
Members' capital		10,000	10,000
		10,000	10,000
		9,152,297	11,183,089

Total members' interests
Amounts due from members	4	(2,682,121)	0
Loans and other debts due to members		11,824,418	11,173,089
Members' other interests		10,000	10,000
		9,152,297	11,183,089

For the year ending 31 March 2025 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.

The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (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 opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account under section 444(1) of the Companies Act 2006.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006 (as applied to LLPs).

These accounts were approved by the members and signed on their behalf by:

.............................................................................
JNAC HOLDING LTD
Designated Member
Date approved by the members: 16 July 2025

1

TLM GEMINI LLP
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

TLM GEMINI LLP is a limited liability partnership, registered in England and Wales, registration number OC435891, registration address 76 New Bond Street, London, Greater London, W1S 1RX.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102(1A) The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

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

2.	Average number of employees Average number of employees during the year was 0 (2024 : 0).

3.

Tangible fixed assets

Cost or valuation	Investment properties	Total
	£	£
At 01 April 2024	22,616,466	22,616,466
Additions	-	-
Disposals	(4,538,000)	(4,538,000)
At 31 March 2025	18,078,466	18,078,466
Depreciation
At 01 April 2024	-	-
Charge for year	-	-
On disposals	-	-
At 31 March 2025	-	-
Net book values
Closing balance as at 31 March 2025	18,078,466	18,078,466
Opening balance as at 01 April 2024	22,616,466	22,616,466

4.

Members' Interests

	Members' capital	Other reserves	Total	Loans and other debts due to members less any amounts due from members included in debtors	Total

Balance at 01 April 2024	10,000	0	10,000	11,173,089	11,183,089
Members' remuneration charged as an expense, including retirement benefit costs	0	0	0	128,110	128,110
Profit for the period available for discretionary division among members	0	0	0	0	0
Members' interests after profit for the period	10,000	0	10,000	11,301,199	11,311,199
Introduced by members	0	0	0	651,329	651,329
Repaid to members	0	0	0	0	0
Drawings	0	0	0	(2,810,231)	(2,810,231)
Balance at 31 March 2025	10,000	0	10,000	9,142,297	9,152,297

2

Registered Number: OC435891
England and Wales
TLM GEMINI LLP

Abridged Accounts

Period of accounts Start date: 01 April 2024 End date: 31 March 2025