Acorah Software Products - Accounts Production 18.1.170 false true false 9 May 2024 31 May 2025 31 May 2025 OC452228 OX NODE, SLU DETERMINISM LTD iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC452228 2024-05-08 OC452228 2025-05-31 OC452228 2024-05-09 2025-05-31 OC452228 frs-bus:LimitedLiabilityPartnershipLLP 2024-05-09 2025-05-31 OC452228 frs-bus:LimitedLiabilityPartnershipsSORP 2024-05-09 2025-05-31 OC452228 frs-bus:FilletedAccounts 2024-05-09 2025-05-31 OC452228 frs-bus:SmallEntities 2024-05-09 2025-05-31 OC452228 frs-bus:AuditExempt-NoAccountantsReport 2024-05-09 2025-05-31 OC452228 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-09 2025-05-31 OC452228 frs-core:UnlistedNon-exchangeTraded 2025-05-31 OC452228 frs-core:UnlistedNon-exchangeTraded 2024-05-08 OC452228 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-05-08 OC452228 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2025-05-31 OC452228 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-05-31 OC452228 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-05-08 OC452228 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-05-31 OC452228 frs-countries:EnglandWales 2024-05-09 2025-05-31 OC452228 frs-bus:PartnerLLP1 2024-05-09 2025-05-31 OC452228 frs-bus:PartnerLLP2 2024-05-09 2025-05-31
Registered number: OC452228
NCP II GP LLP
Unaudited Financial Statements
For the Period 9 May 2024 to 31 May 2025
Tax and Advise Ltd
19 The Circle
Queen Elizabeth Street
London
SE1 2JE
NCP II GP LLP
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Reconciliation of Members' Interests | 3—4
Notes to the Financial Statements | 4—5

Page 1
NCP II GP LLP
Balance Sheet
As At 31 May 2025
Balance Sheet
Registered number: OC452228

| 31 May 2025
--- | ---
| Notes | £ | £
FIXED ASSETS
Investments | 4 |  | 2,010
|  |  | 2,010
CURRENT ASSETS
Debtors | 5 | 79 |
Cash at bank and in hand |  | 330 |
|  | 409 |
Creditors: Amounts Falling Due Within One Year | 6 | (2,160 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (1,751 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 259
NET ASSETS ATTRIBUTABLE TO MEMBERS |  |  | 259
REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability |  | 3,228 |
|  |  | 3,228
Equity
Members' other interests
Members' capital |  | 79 |
Other reserves |  | (3,048) |
|  |  | (2,969)
|  |  | 259
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year |  |  | 3,228
Members' other interests |  |  | (2,969)
|  |  | 259

Page 1
Page 2
NCP II GP LLP
Balance Sheet (continued)
As At 31 May 2025
For the period ending 31 May 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

OX NODE, SLU Designated Member | DETERMINISM LTD Designated Member
28/04/2026

The notes on pages 4 to 5 form part of these financial statements.
Page 2
Page 3
NCP II GP LLP
Reconciliation of Members' Interests
For the Period 9 May 2024 to 31 May 2025
Reconciliation of Members' Interests

| EQUITY | DEBT
--- | --- | ---
| Members' other interests | Loans and other debts due to members less any amounts due from members in debtors
| Members'Capital classified as Equity | Other Reserves | Total Equity | Members'Capital classified as Debt | Total members' interest
| £ | £ | £ | £ | £
Profit/(loss) for the financial year available for discretionary division among members | - | 1,356,503 | 1,356,503 | - | 1,356,503
Members' interests after profit/(loss) for the year | - | 1,356,503 | 1,356,503 | - | 1,356,503
Introduced by members | 79 | - | 79 | 3,228 | 3,307
Other Movements | - | (1,359,551) | (1,359,551) | - | (1,359,551)
Amounts due to members | - | - | - | 3,228 | -
As at 31 May 2025 | 79 | (3,048) | (2,969) | 3,228 | 259

The amount of £3,228 due to members relates to amounts advanced by Ox Node SLU.
Page 3
Page 4
NCP II GP LLP
Notes to the Financial Statements
For the Period 9 May 2024 to 31 May 2025
Notes to the Financial Statements
1. General Information
NCP II GP LLP is a limited liability partnership, incorporated in England & Wales, registered number OC452228 . The Registered Office is 3rd Floor 1 Ashley Road, Altrincham, Cheshire, WA14 2DT.
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).
2.2. Financial Instruments
Investments in unlisted entities, which have been classified as fixed asset investments as the LLP intends to hold them on a continuing basis, are remeasured to market value at each balance sheet date, unless the market value is not readily available in which case the investments are measured at cost subject to impairment.
2.3. Foreign Currencies
The financial statements are prepared in sterling which is the functional currency of the LLP. 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.
2.4. Income recognition
Profit share from investments, including distributions from partnerships, joint ventures, or other profit-participating arrangements, is recognised as income when it becomes due and receivable in accordance with the relevant investment agreement.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the period was: NIL
-
4. Investments

| Unlisted
--- | ---
| £
Cost or Valuation
As at 9 May 2024 | -
Additions | 2,010
As at 31 May 2025 | 2,010
Provision
As at 9 May 2024 | -
As at 31 May 2025 | -
Net Book Value
As at 31 May 2025 | 2,010
As at 9 May 2024 | -

5. Debtors

| 31 May 2025
--- | ---
| £
Due within one year
Other debtors | 79

Page 4
Page 5
NCP II GP LLP
Notes to the Financial Statements (continued)
For the Period 9 May 2024 to 31 May 2025
6. Creditors: Amounts Falling Due Within One Year

| 31 May 2025
--- | ---
| £
Other creditors | 2,160

Page 5