Company No: OC453751 (England and Wales)

Contents

• Balance Sheet
• Reconciliation of Members' Interests
• Notes to the Financial Statements

	Note	31.12.2025
		£
Creditors: amounts falling due within one year	3	( 53,740)
Net current liabilities		(53,740)
Total assets less current liabilities		(53,740)
Net liabilities attributable to members		( 53,740)
Represented by
Members' other interests
Other reserves		(53,740)
		(53,740)
		(53,740)
Total members' interests
Members' other interests		(53,740)
		(53,740)

For the financial period ending 31 December 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 Nodenza UK IA LLP (registered number: OC453751) were approved and authorised for issue by the members on 15 June 2026. They were signed on its behalf by:

Nodenza Venture Management UK Ltd Designated member

	EQUITY Members' other interests	Total members' interests
	Other reserves	Total
	£	£
Balance at 16 September 2024	0	0
Loss for the financial period available for discretionary division among members	(53,740)	(53,740)
Members' interest after loss for the financial period	(53,740)	(53,740)
Balance at 31 December 2025	(53,740)	(53,740)

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

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

Nodenza UK IA 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 40 Queen Anne Street, London, W1G 9EL, 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 July 2024 (SORP 2024).

The financial statements are presented in pounds sterling which is the functional currency of the LLP 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

Reporting period length is 15 months due to the extension of the first period after incorporation. There are no comparable periods.

Financial instruments

Financial assets and financial liabilities are recognised when the LLP 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 LLP 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 LLP 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.

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.

Members' participation rights

Members’ participation rights under the LLP agreement comprise the members’ entitlement to share in the results and net assets of the LLP based on their contractual Profits Interests and capital arrangements. Each member has a right to a specified proportion of the LLP’s profits, which is determined after the approval of the accounts and credited to their current account, and a corresponding obligation to bear losses in the same proportions, limited to the balance on their accounts.

These rights do not constitute a fixed entitlement to cash, as drawings are dependent on profit allocation, cash availability and the LLP’s solvency. Members also have rights in respect of amounts they have contributed, which are recorded in capital accounts and are generally repayable only in defined circumstances such as retirement, member resolution or winding up. Accordingly, members’ participation rights represent a residual interest in the LLP’s performance and net assets, with payments and recoverability governed by the terms of the agreement rather than an unconditional obligation to transfer cash.

2. Employees

	Period from 16.09.2024 to 31.12.2025
	Number
Monthly average number of persons employed by the LLP during the period	0

3. Creditors: amounts falling due within one year

	31.12.2025
	£
Other creditors	53,740

Included in other creditors is £41,440 owed to members as reimbursement for expenses incurred in the course of the trade.