IRIS Accounts Production v25.3.0.601 OC351705 designated member 1.2.24 31.1.25 31.1.25 0 0 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh OC351705 2024-01-31 OC351705 2025-01-31 OC351705 2024-02-01 2025-01-31 OC351705 2023-01-31 OC351705 2023-02-01 2024-01-31 OC351705 2024-01-31 OC351705 ns15:EnglandWales 2024-02-01 2025-01-31 OC351705 ns14:Euro 2024-02-01 2025-01-31 OC351705 ns10:PartnerLLP1 2024-02-01 2025-01-31 OC351705 ns10:LimitedLiabilityPartnershipLLP 2024-02-01 2025-01-31 OC351705 ns10:SmallEntities 2024-02-01 2025-01-31 OC351705 ns10:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 OC351705 ns10:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 OC351705 ns10:LimitedLiabilityPartnershipsSORP 2024-02-01 2025-01-31 OC351705 ns10:FullAccounts 2024-02-01 2025-01-31 OC351705 ns10:PartnerLLP2 2024-02-01 2025-01-31 OC351705 ns10:RegisteredOffice 2024-02-01 2025-01-31 OC351705 ns5:CurrentFinancialInstruments 2025-01-31 OC351705 ns5:CurrentFinancialInstruments 2024-01-31 OC351705 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-01-31 OC351705 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-01-31 OC351705 ns5:AfterOneYear ns5:Non-currentFinancialInstruments 2025-01-31 OC351705 ns5:AfterOneYear ns5:Non-currentFinancialInstruments 2024-01-31

REGISTERED NUMBER: OC351705 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

SILVERCOVE PROPERTIES LLP

SILVERCOVE PROPERTIES LLP (REGISTERED NUMBER: OC351705) |

CONTENTS OF THE FINANCIAL STATEMENTS

for the Year Ended 31 January 2025

Page |

| General Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| SILVERCOVE PROPERTIES LLP |

GENERAL INFORMATION

for the Year Ended 31 January 2025

| DESIGNATED MEMBERS: | Pondera Holdings Llc

| Namek Corp

| REGISTERED OFFICE: | 60 Grosvenor Street

| London

| W1K 3HZ

| REGISTERED NUMBER: | OC351705 (England and Wales)

| ACCOUNTANTS: | Vera Group Ltd

| 60 Grosvenor Street

| London

| W1K 3HZ

SILVERCOVE PROPERTIES LLP (REGISTERED NUMBER: OC351705) |

BALANCE SHEET

31 January 2025

| 2025 |  | 2024

| Notes | € | € |

CURRENT ASSETS

Debtors | 4 | 175,041 |  | 149,848 |  |

Cash at bank | 1,302 |  | 892 |  |

176,343 |  | 150,740 |  |

CREDITORS

Amounts falling due within one year | 5 | 9,367 |  | 6,728 |  |

NET CURRENT ASSETS | 166,976 |  | 144,012 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS | 166,976 |  | 144,012 |  |

LOANS AND OTHER DEBTS DUE TO MEMBERS | 6 | 166,862 |  | 143,898 |  |

MEMBERS' OTHER INTERESTS

Capital accounts | 114 |  | 114 |  |

166,976 |  | 144,012 |  |

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members | 6 | 166,862 |  | 143,898 |  |

Members' other interests | 114 |  | 114 |  |

166,976 |  | 144,012 |  |

SILVERCOVE PROPERTIES LLP (REGISTERED NUMBER: OC351705) |

BALANCE SHEET - continued

31 January 2025

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 January 2025.

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 15 October 2025 and were signed by:

Pondera Holdings Llc - Designated member

SILVERCOVE PROPERTIES LLP (REGISTERED NUMBER: OC351705) |

NOTES TO THE FINANCIAL STATEMENTS

for the Year Ended 31 January 2025

1. | STATUTORY INFORMATION

| The financial statements have been prepared on the historical cost basis. The financial statements are prepared in Euro, which is the functional currency of the entity.

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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

3. | EMPLOYEE INFORMATION

| The average number of employees during the year was NIL (2024 - NIL).

4. | DEBTORS

2025 | 2024 |

€ | € |

| Amounts falling due within one year:

| Trade debtors | 73,300 |  | 148,667 |  |

| Other debtors | 101,627 |  | 1,067 |  |

174,927 |  | 149,734 |  |

| Amounts falling due after more than one year:

| Other debtors | 114 |  | 114 |  |

| Aggregate amounts | 175,041 |  | 149,848 |  |

5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

€ | € |

| Trade creditors | 5,501 |  | 3,000 |  |

| Other creditors | 3,866 |  | 3,728 |  |

9,367 |  | 6,728 |  |

SILVERCOVE PROPERTIES LLP (REGISTERED NUMBER: OC351705) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 January 2025

6. | LOANS AND OTHER DEBTS DUE TO MEMBERS |

| All amounts due to members that are classified as liabilities are presented in the Statement of Financial Position within 'Loans and other debts due to members' and are charged to the Income Statement within 'Members' remuneration charged as an expense'. Amounts due to members that are classified as equity are shown in the Statement of Financial Position within 'Members' other interests'.