Registered number
OC440025
Concentric Partners LLP
Filleted Accounts
31 March 2025

Concentric Partners LLP
Registered number: | OC440025
Balance Sheet
as at 31 March 2025
Notes |  | 2025 |  | 2024
€ | €
Fixed assets
Investments | 3 |  | 326 |  | 300
Current assets |  |  |  |  |
Debtors | 4 |  | 1,092 |  | 1,092
Cash at bank and in hand |  |  | - |  | 3,000
|  |  | 1,092 |  | 4,092
Creditors: amounts falling due within one year | 5 |  | (326) |  | (300)
Net current assets |  |  | 766 |  | 3,792
Total assets less current liabilities |  |  | 1,092 |  | 4,092
Net assets attributable to members | 1,092 |  | 4,092
Represented by:
Members' other interests
Members' capital classified as equity |  |  | 1,092 |  | 4,092
|  |  | 1,092 |  | 4,092
Total members' interests
Members' other interests |  |  | 1,092 |  | 4,092
|  |  | 1,092 |  | 4,092
For the year ended 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied to 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.
The accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
These accounts were approved by the members on 10 November 2025 and signed on their behalf by:
Mark McDonald
Designated member

Concentric Partners LLP
Notes to the Accounts
for the year ended 31 March 2025
1 | Accounting policies
| Basis of preparation
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
| Income from Investments
| Dividend income, and other investment income, from investments in equity interests and investments in Fund is recognised when the right to receive the distribution has been established.
| Taxation
| Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.
| Investments
| Investments are recognised at cost less impairment in the LLP’s financial statements. Investments are tested for impairment where an indication of impairment exists at the reporting date.
| Debtors
| Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
| Creditors
| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
| Members' capital
| Members’ capital contributions are determined by agreement between the Members. Members’ capital is analysed between those that are, from the LLP’s perspective, either a financial lability or equity in accordance with Section 22 Liabilities and Equity. Members’ capital is classified as a financial liability where there is a contractual obligation on the part of the LLP to deliver cash, or other financial assets, to the Member. Where this is not the case, the capital is classified as equity. Members’ capital is not contractually repayable, other than by agreement between the relevant Member and the LLP and is therefore classified as equity.
2 | Employees | 2025 |  | 2024
Number | Number
| Average number of persons employed by the LLP | 0 |  | 0
3 | Fixed asset investments
Other
investments
€
| Cost
| At 1 April 2024 | 300
| Additions | 26
| At 31 March 2025 | 326
4 | Debtors | 2025 |  | 2024
€ | €
| Other debtors | 1,092 |  | 1,092
5 | Creditors: amounts falling due within one year | 2025 |  | 2024
€ | €
| Other creditors | 326 |  | 300
6 | Other information
| Concentric Partners LLP is a limited liability partnership incorporated in England. Its registered office is:
| 18 Balderton Street
| London
| W1K 6TG

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