REGISTERED NUMBER: OC444301 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

V6 Developments LLP

Page

General information

1

Balance sheet

2

Notes to the financial statements

3

Designated members:

L Frankum

Mrs S Frankum

Lead Indicators Ltd

J Frankum

W Frankum

Registered office:

6 Wendell Road

Shepherd's Bush

London

W12 9RT

Registered number:

OC444301 (England and Wales)

Accountants:

Freeman Carr

Chartered Certified Accountants

The Gatehouse

2 Devonhurst Place

Heathfield Terrace

Chiswick

London

W4 4JD

Current assets

Stocks

-

1,429,915

Debtors

-

7,534

Cash at bank

3,617

4,062

3,617

1,441,511

Creditors

Amounts falling due within one year

5

2,674

41,511

Net current assets

943

1,400,000

Total assets less current liabilities

and

Net assets attributable to members

943

1,400,000

Loans and other debts due to members

6

943

1,400,000

Total members' interests

Loans and other debts due to members

6

943

1,400,000

Amounts due from members

-

(7,534

)

943

1,392,466

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 March 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 2 December 2025 and were signed by:

L Frankum - Designated member

1.	Statutory information

V6 Developments LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

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.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The company only enters into basic financial transactions that result in the recognition of financial assets and liabilities like cash and bank balances, trade and other debtors and creditors, loans from banks and other third parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and loss.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

3.	Employee information

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

4.	Investment property

Total

£

Fair value

Additions

1,494,057

Disposals

(1,494,057

)

At 31 March 2025

-

Net book value

At 31 March 2025

-

5.

Creditors: amounts falling due within one year

2025

2024

£

£

Other creditors

2,674

41,511

6.

Loans and other debts due to members

Lead Indicator Ltd has loaned the LLP £1,400,00, monthly interest was charged at the rate of 1.5% over BoE base rate. The loan was fully repaid during the accounting year ended 31 March 2025.