Silverfin false false 31/03/2025 01/04/2024 31/03/2025 S Atkinson 16/05/2022 J Lyles 05/06/2024 16/05/2022 M Symonds 01/10/2022 18 February 2026 The principal object of the LLP is that of property asset management. OC442311 2025-03-31 OC442311 bus:Director1 2025-03-31 OC442311 bus:Director2 2025-03-31 OC442311 bus:Director3 2025-03-31 OC442311 2024-03-31 OC442311 core:CurrentFinancialInstruments 2025-03-31 OC442311 core:CurrentFinancialInstruments 2024-03-31 OC442311 core:ComputerEquipment 2024-03-31 OC442311 core:ComputerEquipment 2025-03-31 OC442311 core:RemainingRelatedParties core:CurrentFinancialInstruments 2025-03-31 OC442311 core:RemainingRelatedParties core:CurrentFinancialInstruments 2024-03-31 OC442311 2024-04-01 2025-03-31 OC442311 bus:FilletedAccounts 2024-04-01 2025-03-31 OC442311 bus:SmallEntities 2024-04-01 2025-03-31 OC442311 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 OC442311 bus:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC442311 bus:Director1 2024-04-01 2025-03-31 OC442311 bus:Director2 2024-04-01 2025-03-31 OC442311 bus:Director3 2024-04-01 2025-03-31 OC442311 core:ComputerEquipment core:TopRangeValue 2024-04-01 2025-03-31 OC442311 2023-04-01 2024-03-31 OC442311 core:ComputerEquipment 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Company No: OC442311 (England and Wales)

# CAXTON AM1 LLP

### Unaudited Financial Statements
For the financial year ended 31 March 2025
Pages for filing with the registrar

CAXTON AM1 LLP

## Unaudited Financial Statements

For the financial year ended 31 March 2025

Contents

CAXTON AM1 LLP

## LIMITED LIABILITY PARTNERSHIP INFORMATION

For the financial year ended 31 March 2025
CAXTON AM1 LLP

## LIMITED LIABILITY PARTNERSHIP INFORMATION (continued)

For the financial year ended 31 March 2025

Designated members | S Atkinson
| J Lyles (Resigned 05 June 2024)
| M Symonds

Registered office | 2nd Floor 168 Shoreditch High Street
| London
| E1 6RA
| United Kingdom

Registered number | OC442311 (England and Wales)

Accountant | Kreston Reeves LLP
| 2nd Floor
| 168 Shoreditch High Street
| London
| E1 6RA

CAXTON AM1 LLP

## BALANCE SHEET

As at 31 March 2025
CAXTON AM1 LLP

## BALANCE SHEET (continued)

As at 31 March 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 1,866 |  | 3,546
|  | 1,866 |  | 3,546
Current assets |  |  |  |
Debtors | 4 | 185,692 |  | 209,137
Cash at bank and in hand | 5 | 109,617 |  | 241,918
|  | 295,309 |  | 451,055
Creditors: amounts falling due within one year | 6 | ( 316,854) |  | ( 248,426)
Net current (liabilities)/assets |  | (21,545) |  | 202,629
Total assets less current liabilities |  | (19,679) |  | 206,175
Net (liabilities)/assets attributable to members |  | ( 19,679) |  | 206,175
Represented by |  |  |  |
Loans and other debts due to members within one year |  |  |  |
Other amounts |  | (19,679) |  | 206,175
|  | (19,679) |  | 206,175
Members' other interests |  |  |  |
|  | 0 |  | 0
|  | (19,679) |  | 206,175
Total members' interests |  |  |  |
Loans and other debts due to members |  | (19,679) |  | 206,175
|  | (19,679) |  | 206,175

For the financial 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.

Members' responsibilities:

- 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; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Caxton AM1 LLP (registered number: OC442311) were approved and authorised for issue by the Board of Directors on 18 February 2026. They were signed on its behalf by:

S Atkinson Designated member |  | M Symonds Designated member

CAXTON AM1 LLP

## RECONCILIATION OF MEMBERS' INTERESTS

For the financial year ended 31 March 2025
CAXTON AM1 LLP

## RECONCILIATION OF MEMBERS' INTERESTS (continued)

For the financial year ended 31 March 2025

| EQUITY Members' other interests | DEBT Loans and other debts due to members less any amounts due from members in debtors | Total members' interests
--- | --- | --- | ---
| Other reserves | Other amounts | Total
| £ | £ | £
Balance at 01 April 2023 | 0 | 0 | 0
Members' remuneration charged as an expense, including employment and retirement benefit costs | 0 | 175,985 | 175,985
Profit for the financial year available for discretionary division among members | 120,490 | 0 | 120,490
Members' interest after profit for the financial year | 120,490 | 175,985 | 296,475
Division of profit | (120,490) | 120,490 | 0
Drawings | 0 | (90,300) | (90,300)
Amounts due to members |  | 206,175 |
Balance at 31 March 2024 | 0 | 206,175 | 206,175
Profit for the financial year available for discretionary division among members | 89,988 | 0 | 89,988
Members' interest after profit for the financial year | 89,988 | 206,175 | 296,163
Division of profit | (89,988) | 89,988 | 0
Drawings | 0 | (315,842) | (315,842)
Amounts due to members |  | (19,679) |
Balance at 31 March 2025 | 0 | (19,679) | (19,679)

There are no existing restrictions or limitations which impact the ability of the members of the LLP to reduce the amount of Members' other interests

CAXTON AM1 LLP

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
CAXTON AM1 LLP

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Caxton AM1 LLP is a limited liability partnership, incorporated in the United Kingdom under the Limited Liability Partnerships Act 2000 and is registered in England and Wales. The address of the LLP's registered office is 2nd Floor 168 Shoreditch High Street, London, E1 6RA, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Limited Liability Partnerships Act 2000 as applicable to companies subject to the small companies regime and the requirements of the Statement of Recommended Practice Accounting by Limited Liability Partnerships issued in December 2021 (SORP 2022).
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Turnover

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the LLP and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:
Rendering of services
Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the LLP will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

##### Employee benefits

Defined contribution schemes
The LLP operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the LLP pays fixed contributions into a separate entity. Once the contributions have been paid the LLP has no further payment obligations.
The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the LLP in independently administered funds.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Computer equipment | 3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

##### Trade and other debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

##### Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

##### Trade and other creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

Other financial assets
Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss, except that investments in equity instruments that are not publicly traded and whose fair values cannot be measured reliably are measured at cost less impairment.

Other financial liabilities
Derivatives, including interest rate swaps and forward foreign exchange contracts, are not basic financial instruments. Derivatives are initially recognised at fair value on the date a derivative contract is entered into and are subsequently re-measured at their fair value. Changes in the fair value of derivatives are recognised in profit or loss in finance costs or finance income as appropriate, unless hedge accounting is applied and the hedge is a cash flow hedge.
Debt instruments that do not meet the conditions in FRS 102 paragraph 11.9 are subsequently measured at fair value through profit or loss. Debt instruments may be designated as being measured at fair value through profit or loss to eliminate or reduce an accounting mismatch or if the instruments are measured and their performance evaluated on a fair value basis in accordance with a documented risk management or investment strategy.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the LLP during the year | 5 |  | 5

#### 3. Tangible assets

| Computer equipment |  | Total
| £ |  | £
Cost |  |  |
At 01 April 2024 | 5,041 |  | 5,041
At 31 March 2025 | 5,041 |  | 5,041
Accumulated depreciation |  |  |
At 01 April 2024 | 1,495 |  | 1,495
Charge for the financial year | 1,680 |  | 1,680
At 31 March 2025 | 3,175 |  | 3,175
Net book value |  |  |
At 31 March 2025 | 1,866 |  | 1,866
At 31 March 2024 | 3,546 |  | 3,546

#### 4. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 162,523 |  | 121,144
Amounts owed by related parties | 0 |  | 74,416
Prepayments | 4,854 |  | 8,515
VAT recoverable | 10,671 |  | 0
Other debtors | 7,644 |  | 5,062
| 185,692 |  | 209,137

#### 5. Cash and cash equivalents

| 2025 |  | 2024
| £ |  | £
Cash at bank and in hand | 109,617 |  | 241,918

#### 6. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Trade creditors | 196,950 |  | 171,563
Amounts owed to Group undertakings | 107,260 |  | 0
Accruals | 5,000 |  | 4,750
Other taxation and social security | 7,644 |  | 71,232
Other creditors | 0 |  | 881
| 316,854 |  | 248,426

#### 7. Related party transactions

During the period, the LLP invoiced £254,414 (2024: £200,688) on behalf of Caxton DM Limited, a company under common control. During the year, the LLP recharged expenses of £72,734 (2024: £420,588). At the year end, the amount due to Caxton DM Limited was £107,260 (2024: £74,416 as a debtor) and is included within Creditors.

#### 8. Ultimate controlling party

The LLP is under the control of its designated members.