CSquared Asset Management LLP

	Page
Balance Sheet	1—2
Reconciliation of Members' Interests	3—4
Notes to the Financial Statements	4—6

Registered number: OC339279

		31 March 2025		31 March 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		-		292
Investments	5		328,883		624,233

			328,883		624,525
CURRENT ASSETS
Debtors	6	5,592		11,436
Cash at bank and in hand		15,334		13,018

		20,926		24,454
Creditors: Amounts Falling Due Within One Year	7	(1,762 )		(1,853 )

NET CURRENT ASSETS (LIABILITIES)			19,164		22,601

TOTAL ASSETS LESS CURRENT LIABILITIES			348,047		647,126

NET ASSETS ATTRIBUTABLE TO MEMBERS			348,047		647,126

REPRESENTED BY:
Equity
Members' other interests
Revaluation reserve		177,980		463,343
Other reserves		170,067		183,783

			348,047		647,126

TOTAL MEMBERS' INTEREST
Members' other interests			348,047		647,126

			348,047		647,126

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CSquared Asset Management LLP

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the LLP 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 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

Mr C Scorer

Designated Member

6th January 2026

The notes on pages 4 to 6 form part of these financial statements.

	EQUITY
	Members' other interests
	Members'Capital classified as Equity	Revaluation Reserve	Other Reserves	Total Equity	Total members' interest
	£	£	£	£	£
Balance at 1 January 2023	-	245,660	207,024	452,684	452,684
Profit/(loss) for the financial year available for discretionary division among members	-	-	115,106	115,106	115,106

Members' interests after profit/(loss) for the year	-	245,660	322,130	567,790	567,790
Surplus arising on revaluation of fixed assets	-	217,683	-	217,683	217,683
Other Movements	-	-	(138,347)	(138,347)	(138,347)

As at 31 March 2024 and 1 April 2024	-	463,343	183,783	647,126	647,126


Profit/(loss) for the financial year available for discretionary division among members	-	-	86,473	86,473	86,473

Members' interests after profit/(loss) for the year	-	463,343	270,256	733,599	733,599
Deficit arising on revaluation of fixed assets	-	(285,363)	-	(285,363)	(285,363)
Other Movements	-	-	(100,189)	(100,189)	(100,189)

As at 31 March 2025	-	177,980	170,067	348,047	348,047

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CSquared Asset Management LLP

Notes to the Financial Statements

For The Year Ended 31 March 2025

1. General Information

CSquared Asset Management LLP is a limited liability partnership, incorporated in England & Wales, registered number OC339279 . The Registered Office is Driftwood Cottage, Salterns Lane, Bursledon, Hampshire, SO31 8DH.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

25% straight line

2.4. Foreign Currencies

Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 2 (2024: 2)

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CSquared Asset Management LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 April 2024	1,648

As at 31 March 2025	1,648

Depreciation
As at 1 April 2024	1,356
Provided during the period	292

As at 31 March 2025	1,648

Net Book Value
As at 31 March 2025	-

As at 1 April 2024	292

5. Investments

	Listed
	£
Cost or Valuation
As at 1 April 2024	624,233
Disposals	(35,625 )
Revaluations	(259,725 )

As at 31 March 2025	328,883

Provision
As at 1 April 2024	-

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	328,883

As at 1 April 2024	624,233

Historical cost of investments are:

31 March 2025 £150,903

31 March 2024 £160,890

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CSquared Asset Management LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Debtors

	31 March 2025	31 March 2024
	£	£
Due within one year
Trade debtors	5,592	11,436

7. Creditors: Amounts Falling Due Within One Year

	31 March 2025	31 March 2024
	£	£
Other creditors	1,762	1,853

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