Company registration number 04436318 (England and Wales)
ADVANTAGE GROWTH FUND (GENERAL PARTNER) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
ADVANTAGE GROWTH FUND (GENERAL PARTNER) LIMITED
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 4
ADVANTAGE GROWTH FUND (GENERAL PARTNER) LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
31 DECEMBER 2025
31 December 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investments
3
4
4
Current assets
-
-
Creditors: amounts falling due within one year
4
(496)
(496)
Net current liabilities
(496)
(496)
Net liabilities
(492)
(492)
Capital and reserves
Called up share capital
5
1
1
Profit and loss reserves
(493)
(493)
Total equity
(492)
(492)

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 11 May 2026 and are signed on its behalf by:
R D Hansen-Luke
Director
Company registration number 04436318 (England and Wales)
ADVANTAGE GROWTH FUND (GENERAL PARTNER) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 2 -
1
Accounting policies
Company information

Advantage Growth Fund (General Partner) Limited is a private company limited by shares incorporated in England and Wales. The registered office is 1 Scott Place, 2 Hardman Street, Manchester, United Kingdom, M3 3AA.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

1.3
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.4
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention 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.

ADVANTAGE GROWTH FUND (GENERAL PARTNER) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 3 -
Classification of financial liabilities

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.

Basic financial liabilities

Basic financial liabilities, including creditors and loans from fellow group companies, 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 paymen ts 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. A m ounts 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.

1.5
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
0
0
3
Fixed asset investments
2025
2024
£
£
Shares in group undertakings and participating interests
4
4
4
Creditors: amounts falling due within one year
2025
2024
£
£
Amounts owed to group undertakings
496
496
ADVANTAGE GROWTH FUND (GENERAL PARTNER) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 4 -
5
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of £1 each
1
1
1
1
6
Parent company

Advantage Growth Fund (General Partner) Limited is a wholly owned subsidiary of Future Planet Capital (Ventures) Limited. The ultimate parent company is Future Planet Capital Group Limited. The results of Advantage Growth Fund (General Partner) Limited are included in the consolidated financial statements of Future Planet Capital Group Limited which is the only group which consolidates the company's results. The registered office of the ultimate parent is 1 Scott Place, 2 Hardman Street, Manchester, United Kingdom, M3 3AA.

2025-12-31 2025-01-01 false false false CCH Software CCH Accounts Production 2026.100 No description of principal activity Julie Davies Anthony Stott Surjit Kooner Raymond Hansen-Luke David Knox 04436318 2025-01-01 2025-12-31 04436318 2025-12-31 04436318 2024-12-31 04436318 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-31 04436318 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 04436318 core:ShareCapital 2025-12-31 04436318 core:ShareCapital 2024-12-31 04436318 core:RetainedEarningsAccumulatedLosses 2025-12-31 04436318 core:RetainedEarningsAccumulatedLosses 2024-12-31 04436318 core:ShareCapitalOrdinaryShareClass1 2025-12-31 04436318 core:ShareCapitalOrdinaryShareClass1 2024-12-31 04436318 bus:Director4 2025-01-01 2025-12-31 04436318 2024-01-01 2024-12-31 04436318 core:CurrentFinancialInstruments 2025-12-31 04436318 core:CurrentFinancialInstruments 2024-12-31 04436318 bus:OrdinaryShareClass1 2025-01-01 2025-12-31 04436318 bus:OrdinaryShareClass1 2025-12-31 04436318 bus:OrdinaryShareClass1 2024-12-31 04436318 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 04436318 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 04436318 bus:FRS102 2025-01-01 2025-12-31 04436318 bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 04436318 bus:Director1 2025-01-01 2025-12-31 04436318 bus:Director2 2025-01-01 2025-12-31 04436318 bus:Director3 2025-01-01 2025-12-31 04436318 bus:Director5 2025-01-01 2025-12-31 04436318 bus:FullAccounts 2025-01-01 2025-12-31 xbrli:pure xbrli:shares iso4217:GBP