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REGISTERED NUMBER: 09478956 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

LONDON INNOVATION PARTNERS LIMITED

LONDON INNOVATION PARTNERS LIMITED (REGISTERED NUMBER: 09478956) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| LONDON INNOVATION PARTNERS LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

| DIRECTOR: | I P Iliev

| REGISTERED OFFICE: | C/O Thompson Taraz Rand

| Suite 20, New Cambridge House

| Bassingbourn Road

| Litlington

| Cambridgeshire

| SG8 0SS

| BUSINESS ADDRESS: | 10 Jesus Lane

| Cambridge

| Cambridgeshire

| CB5 8BA

| REGISTERED NUMBER: | 09478956 (England and Wales)

| ACCOUNTANTS: | Thompson Taraz Rand Ltd

| Chartered Accountants

| 10 Jesus Lane

| Cambridge

| Cambridgeshire

| CB5 8BA

LONDON INNOVATION PARTNERS LIMITED (REGISTERED NUMBER: 09478956) |

BALANCE SHEET

31 MARCH 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Intangible assets | 5 | 1 |  | 1 |  |

Tangible assets | 6 | 701 |  | 1,884 |  |

702 |  | 1,885 |  |

CURRENT ASSETS

Debtors | 7 | 86,266 |  | 80,906 |  |

Cash and cash equivalents | 3,789 |  | 6,318 |  |

90,055 |  | 87,224 |  |

CREDITORS

Amounts falling due within one year | 8 | (138,581 | ) | (149,666 | ) |

NET CURRENT LIABILITIES | (48,526 | ) | (62,442 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (47,824 | ) | (60,557 | ) |

CREDITORS

Amounts falling due after more than one year | 9 | (18,248 | ) | (4,883 | ) |

NET LIABILITIES | (66,072 | ) | (65,440 | ) |

CAPITAL AND RESERVES

Called up share capital | 10 | 100 |  | 100 |  |

Retained earnings | (66,172 | ) | (65,540 | ) |

SHAREHOLDERS' FUNDS | (66,072 | ) | (65,440 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company 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 relating to financial statements, so far as applicable to the company.

LONDON INNOVATION PARTNERS LIMITED (REGISTERED NUMBER: 09478956) |

BALANCE SHEET - continued

31 MARCH 2025

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 February 2026 and were signed by:

I P Iliev - Director

LONDON INNOVATION PARTNERS LIMITED (REGISTERED NUMBER: 09478956) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | STATUTORY INFORMATION

| London Innovation Partners Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| The presentation currency of the financial statements is the Pound Sterling (£).

2. | STATEMENT OF COMPLIANCE

| 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 Companies Act 2006.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements have been prepared under the historical cost convention.

| Turnover

| Turnover represents the sale of services rendered during the year in respect of the provision of Management Consultancy Services, exclusive of Value Added Tax. Turnover is recognised in the profit and loss account once the right to consideration has been earned.

| Intangible assets

| Licences are recognised at cost and amortised over their useful economic life. The useful life will be reviewed at the end of each reporting period and revised when applicable.

| Tangible fixed assets

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

| Computer equipment | - | 25% & 33% on cost

| Financial instruments

| Basic financial assets and basic financial liabilities as defined under section 11 of FRS 102, including trade and other debtors, trade and other creditors, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, 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.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

4. | EMPLOYEES AND DIRECTORS

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

LONDON INNOVATION PARTNERS LIMITED (REGISTERED NUMBER: 09478956) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

5. | INTANGIBLE FIXED ASSETS

| Other

| intangible

| assets

£ |

| COST

| At 1 April 2024

| and 31 March 2025 | 3,000 |  |

| AMORTISATION

| At 1 April 2024

| and 31 March 2025 | 2,999 |  |

| NET BOOK VALUE

| At 31 March 2025 | 1 |  |

| At 31 March 2024 | 1 |  |

6. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 April 2024

| and 31 March 2025 | 4,733 |  |

| DEPRECIATION

| At 1 April 2024 | 2,849 |  |

| Charge for year | 1,183 |  |

| At 31 March 2025 | 4,032 |  |

| NET BOOK VALUE

| At 31 March 2025 | 701 |  |

| At 31 March 2024 | 1,884 |  |

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Amounts owed by group undertakings | 75,434 |  | 75,434 |  |

| Other debtors | 10,832 |  | 5,472 |  |

86,266 |  | 80,906 |  |

LONDON INNOVATION PARTNERS LIMITED (REGISTERED NUMBER: 09478956) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | - |  | 11,085 |  |

| Trade creditors | 11,331 |  | 7,000 |  |

| Other creditors | 127,250 |  | 131,581 |  |

138,581 |  | 149,666 |  |

9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans | 18,248 |  | 4,883 |  |

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 10,000 | Ordinary | 1p | 100 |  | 100 |  |

11. | RELATED PARTY DISCLOSURES

| A company that holds a minority interest in the share capital of the company charged London Innovation Partners Ltd £nil (2024: £11,000) in respect of consultancy and directors fees during the year under review.The balance outstanding at the balance sheet date is £126,100 (2024: £126,100) and is disclosed within other creditors.

| The balance due from the company's parent company is £75,434 (2024: £75,434) and disclosed within debtors under amounts due from Group Undertakings. This balance is interest free and repayable on demand.