Silverfin false false 31/03/2025 23/05/2024 31/03/2025 Mr M Ord 23/05/2024 Mr J Rodrigues 23/05/2024 16 December 2025 The principal activity of the LLP during the financial period was that of professional services. OC452394 2025-03-31 OC452394 bus:Director1 2025-03-31 OC452394 bus:Director2 2025-03-31 OC452394 core:CurrentFinancialInstruments 2025-03-31 OC452394 2024-05-23 2025-03-31 OC452394 bus:FilletedAccounts 2024-05-23 2025-03-31 OC452394 bus:SmallEntities 2024-05-23 2025-03-31 OC452394 bus:AuditExemptWithAccountantsReport 2024-05-23 2025-03-31 OC452394 bus:LimitedLiabilityPartnershipLLP 2024-05-23 2025-03-31 OC452394 bus:Director1 2024-05-23 2025-03-31 OC452394 bus:Director2 2024-05-23 2025-03-31 iso4217:GBP xbrli:pure

Company No: OC452394 (England and Wales)

# UCP INVESTMENTS LLP

### UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL PERIOD FROM 23 MAY 2024 TO 31 MARCH 2025
PAGES FOR FILING WITH THE REGISTRAR

UCP INVESTMENTS LLP

## UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL PERIOD FROM 23 MAY 2024 TO 31 MARCH 2025

Contents

UCP INVESTMENTS LLP

## BALANCE SHEET

AS AT 31 MARCH 2025
UCP INVESTMENTS LLP

## BALANCE SHEET (continued)

AS AT 31 MARCH 2025

| Note | 31.03.2025
|  | £
Current assets |  |
Debtors | 3 | 19,136
Cash at bank and in hand |  | 331,682
|  | 350,818
Creditors: amounts falling due within one year | 4 | ( 10,008)
Net current assets |  | 340,810
Total assets less current liabilities |  | 340,810
Net assets attributable to members |  | 340,810
Represented by |  |
Loans and other debts due to members within one year |  |
Other amounts |  | 10,710
|  | 10,710
Members' other interests |  |
Members' capital classified as equity |  | 330,100
|  | 330,100
|  | 340,810
Total members' interests |  |
Loans and other debts due to members |  | 10,710
Members' other interests |  | 330,100
|  | 340,810

For the financial period 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 UCP Investments LLP (registered number: OC452394) were approved and authorised for issue by the Board of Directors on 16 December 2025. They were signed on its behalf by:

Mr M Ord Designated member |

UCP INVESTMENTS LLP

## RECONCILIATION OF MEMBERS' INTERESTS

FOR THE FINANCIAL PERIOD FROM 23 MAY 2024 TO 31 MARCH 2025
UCP INVESTMENTS LLP

## RECONCILIATION OF MEMBERS' INTERESTS (continued)

FOR THE FINANCIAL PERIOD FROM 23 MAY 2024 TO 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
--- | --- | --- | ---
| Members' capital (classified as equity) | Other amounts | Total
| £ | £ | £
Balance at 23 May 2024 | 0 | 0 | 0
Members' remuneration charged as an expense, including employment and retirement benefit costs | 0 | 145,810 | 145,810
Members' interest after result for the financial period | 0 | 145,810 | 145,810
Introduced by members | 330,100 | 0 | 330,100
Drawings | 0 | (135,100) | (135,100)
Amounts due to members |  | 10,710 |
Balance at 31 March 2025 | 330,100 | 10,710 | 340,810

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

UCP INVESTMENTS LLP

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL PERIOD FROM 23 MAY 2024 TO 31 MARCH 2025
UCP INVESTMENTS LLP

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL PERIOD FROM 23 MAY 2024 TO 31 MARCH 2025

##### 1. Accounting policies

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

##### General information and basis of accounting

UCP Investments 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 25 Ecclestone Place, Belgravia, SW1W 9NF, 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 Partnership and rounded to the nearest £.

##### Going concern

The members have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The members have a reasonable expectation that the LLP has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

##### Reporting period length

The reporting period covers 10 months from the incorporation date of 23 May 2024 to the first financial period end of 31 March 2025.

##### Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

##### 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.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Partnership 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 Partnership 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 Partnership 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 Partnership transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Partnership, 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 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.

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

##### Members' participation rights

Members' participation rights are the rights of a member against the LLP that arise under the members' agreement (for example, in respect of amounts subscribed or otherwise contributed, remuneration and profits).
Members’ participation rights in the earnings or assets of the LLP are analysed between those that are, from the LLP's perspective, either a financial liability or equity, in accordance with section 22 of FRS 102. A member’s participation rights including amounts subscribed or otherwise contributed by members, for example members’ capital, are classed as liabilities unless the LLP has an unconditional right to refuse payment to members, in which case they are classified as equity.
The division of profits are automatically determined by the terms of the LLP agreement. Amounts payable to members are charged to “members remuneration charged as an expense” in the relevant year.
All amounts due to members that are classified as liabilities are presented in the Statement of Financial Position within 'Loans and other debts due to members' and are charged to the Profit and Loss Account within 'Members' remuneration charged as an expense'. Amounts due to members that are classified as equity are shown in the Statement of Financial Position within 'Members' other interests'.

#### 2. Employees

| Period from 23.05.2024 to 31.03.2025
| Number
Monthly average number of persons employed by the LLP during the period | 2

#### 3. Debtors

| 31.03.2025
| £
Other debtors | 19,136

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

| 31.03.2025
| £
Other creditors | 10,008