RSF Capital Partners LLP - Accounts to registrar (filleted)

REGISTERED NUMBER: OC432356 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

RSF CAPITAL PARTNERS LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

J Spooner

A Razmilovic

REGISTERED OFFICE:

Michelin House

81 Fulham Road

London

SW3 6RD

REGISTERED NUMBER:

OC432356 (England and Wales)

ACCOUNTANTS:

Advanta

Chartered Accountants

29 Gildredge Road

Eastbourne

East Sussex

BN21 4RU

FIXED ASSETS

Investments

4

2,980,218

CURRENT ASSETS

Debtors

5

14,007

3,584,548

Cash at bank

21,217

32,904

35,224

3,617,452

CREDITORS

Amounts falling due within one year

6

7,088

6,782

NET CURRENT ASSETS

28,136

3,610,670

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO
MEMBERS

3,008,354

6,590,888

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

3,008,354

6,590,888

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

3,008,354

6,590,888

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 23 December 2025 and were signed by:

A Razmilovic - Designated member

1.	STATUTORY INFORMATION

RSF Capital Partners 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.

Turnover

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

Turnover comprises income receivable from advisory activities and is recognised as work is completed.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investments are recognised initially at fair value which is normally the transaction price. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Fixed asset investments

Fixed asset investments are stated at fair value, which for unquoted companies is their estimated market value. Unrealised gains/losses are taken to the profit and loss account.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2024 - 3 ).

4.	FIXED ASSET INVESTMENTS

Unlisted

investments

£

COST

At 1 April 2024

and 31 March 2025

2,980,218

NET BOOK VALUE

At 31 March 2025

2,980,218

At 31 March 2024

2,980,218

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

-

8,545

Other debtors

-

3,467,947

VAT

1,727

1,909

Accrued income

9,110

101,607

Prepayments

3,170

4,540

14,007

3,584,548

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Other creditors

4,963

2,925

Accrued expenses

2,125

3,857

7,088

6,782

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally with debts due to unsecured creditors in the event of a winding up. There is no provision for specific legally enforceable protection afforded to creditors in such an event. There are no restrictions or limitations on the ability of the members to reduce the amount of ‘Members’ other interests'.

8.	CONTINGENT ASSET

During the previous year, part of the business was sold. There is an element of contingent consideration in the sale price which has not been recognised in these accounts.