REGISTERED NUMBER: OC351705 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

SILVERCOVE PROPERTIES LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

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

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

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

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

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'.