ACCOUNTS - Final Accounts preparation

Registered number: SO305880

CLEARBELL III (FEEDER) GP LLP

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

CLEARBELL III (FEEDER) GP LLP

REGISTERED NUMBER: SO305880

BALANCE SHEET

AS AT 31 MARCH 2025

		2025		2024
Note		£		£


Current assets
Debtors	2		2
	2		2
Total assets less current liabilities		2		2

Net assets		2		2

Represented by:
Loans and other debts due to members within one year
Members' other interests
Members' capital classified as equity	2		2
		2		2
		2		2

Notes

General information

The LLP is registered in Scotland. The address of the registered office is 50 Lothian Road, Festival Square, Edinburgh, EH3 9WJ.

Average number of employees

The average monthly number of employees, including directors, during the year was 0 (2024 - 0).

These financial statements have been prepared in accordance with the provisions applicable to entities subject to the micro LLPs regime.

The entity was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements.

The financial statements have been delivered in accordance with the provisions applicable to entities subject to the small LLPs regime.

The financial statements were approved and authorised for issue by the members and were signed on their behalf on 23 December 2025.

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CLEARBELL III (FEEDER) GP LLP

REGISTERED NUMBER: SO305880

BALANCE SHEET (CONTINUED)

AS AT 31 MARCH 2025

Clearbell Capital LLP

Designated member

Clearbell III (Feeder) GP LLP has no equity and, in accordance with the provisions contained within the Statement of Recommended Practice "Accounting by Limited Liability Partnerships", has not presented a Statement of Changes in Equity.

1.1

Division and distribution of profits

A division of profits is the mechanism by which the profits of an LLP become a debt due to members. A division may be automatic or discretionary, may relate to some or all of the profits for a financial period and may take place during or after the end of a financial period.

An automatic division of profits is one where the LLP does not have an unconditional right to avoid making a division of an amount of profits based on the members' agreement in force at the time, whereas a discretionary division of profits requires a decision to be made by the LLP, which it has the unconditional right to avoid making.

The LLP divides profits automatically. Automatic divisions of profits are recognised as 'Members' remuneration charged as an expense in .

2.	Related party transactions
	Under the provisions of Financial Reporting Standard 102 Section 1A, the LLP is exempt from disclosing related party transactions with other group companies as 100% of the voting rights are controlled within the group and the ultimate parent, Clearbell Capital LLP ("CCLLP"). CCLLP is incorporated in the United Kingdom and publishes consolidated accounts that are available from Companies House.

3.	Controlling party

The ultimate and immediate parent undertaking is Clearbell Capital LLP which is incorporated in the United Kingdom and registered in England and Wales. The largest and smallest group of undertakings of which the Company is a member and for which group accounts are up is CCLLP. Copies of the CCLLP financial statements are available from Companies House, Crown Way, Maindy, Cardiff, CF14 3UZ.

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