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REGISTERED NUMBER: OC454228

Axon Capital LLP

Unaudited Financial Statements

31 March 2026

Axon Capital LLP

Financial Statements

Period from 23 October 2024 to 31 March 2026

Contents | Page

Members' report | 1

Statement of income and retained earnings | 3

Statement of financial position | 4

Reconciliation of members' interests | 6

Notes to the financial statements | 7

Axon Capital LLP

Members' Report

Period from 23 October 2024 to 31 March 2026
The members present their report and the unaudited financial statements of the LLP for the period ended 31 March 2026 .
Principal activities
The principal activity of the company during the year was trading in commodities.
Designated members
The designated members who served the LLP during the period were as follows:

Mr N D'Aloisio Montila | (Appointed 23 October 2024)
Axon Capital AI Limited | (Appointed 15 April 2025)
Anusha Shah | (Served from 3 January 2025 to 27 March 2025)
Dale Huxford | (Served from 23 October 2024 to 15 April 2025)

Policy regarding members' drawings and the subscription and repayment of amounts subscribed or otherwise contributed by members
Members are permitted to make drawings in anticipation of profits which will be allocated to them. The amount of such drawings is set at the beginning of each financial year, taking into account the anticipated cash needs of the LLP.
New members are required to subscribe a minimum level of capital and in subsequent years members are invited to subscribe for further capital, the amounts of which is determined by the performance and seniority of those members. On retirement, capital is repaid to members.
This report was approved by the members on 3 July 2026 and signed on behalf of the members by:

Mr N D'Aloisio Montila
Designated Member

Registered office:
84 Brook Street
London
UK
W1K 5EH

Axon Capital LLP

Statement of Income and Retained Earnings

Period from 23 October 2024 to 31 March 2026

| Period from
| 23 Oct 24 to
| 31 Mar 26
Note | £
Other operating expenses | 121,752
| ---------
Operating loss | ( 121,752)

| ---------
Loss for the financial period before members' remuneration and profit shares available for discretionary division among members | (121,752)
| ---------

All the activities of the LLP are from continuing operations.

Axon Capital LLP

Statement of Financial Position

31 March 2026

| 31 Mar 26
Note | £

Current assets

Cash at bank and in hand | 506,641

Creditors: amounts falling due within one year | 4 | 9,241
| ---------
Net current assets | 497,400
| ---------
Total assets less current liabilities | 497,400
| ---------
Net assets | 497,400
| ---------

Represented by:
Loans and other debts due to members

Other amounts | 5 | 497,400
| ---------

Members' other interests

Other reserves | –
| ---------
| 497,400
| ---------

Total members' interests

Loans and other debts due to members | 5 | 497,400
Members' other interests | –
| ---------
| 497,400
| ---------

These financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
For the period ending 31 March 2026 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) relating to small LLPs.
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 financial statements .

Axon Capital LLP

Statement of Financial Position (continued)

31 March 2026
These financial statements were approved by the members and authorised for issue on 3 July 2026 , and are signed on their behalf by:

Mr N D'Aloisio Montila
Designated Member

Registered number: OC454228

Axon Capital LLP

Reconciliation of Members' Interests

Period from 23 October 2024 to 31 March 2026

| Members' other interests | Loans and other debts due to members less any amounts due from members in debtors | Total members' interests
| Other reserves | Total | Other amounts | Total | Total 31 Mar 26
| £ | £ | £ | £ | £
Balance at 23 October 2024 | – | – | – | – | –
Loss for the financial period available for discretionary division among members | (121,752) | (121,752) |  |  | (121,752)
| --------- | --------- | ---- | ---- | ---------
Members' interests after loss for the period | (121,752) | (121,752) | – | – | (121,752)
Other division of profits | 121,752 | 121,752 | (121,752) | (121,752) | –
Introduced by members |  | – | 619,152 | 619,152 | 619,152
| --------- | --------- | --------- | --------- | ---------
Balance at 31 March 2026 | – | – | 497,400 | 497,400 | 497,400
| --------- | --------- | --------- | --------- | ---------

Axon Capital LLP

Notes to the Financial Statements

Period from 23 October 2024 to 31 March 2026

1. | General information

The LLP is registered in England and Wales. The address of the registered office is 84 Brook Street, London, W1K 5EH, UK.

2. | Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP 2021).

3. | Accounting policies

Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
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, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liability Partnerships'. A member's participation right results in a liability unless the right to any payment is discretionary on the part of the LLP.
Amounts subscribed or otherwise contributed by members, for example members' capital, are classed as equity if the LLP has an unconditional right to refuse payment to members. If the LLP does not have such an unconditional right, such amounts are classified as liabilities.
Where profits are automatically divided as they arise, so the LLP does not have an unconditional right to refuse payment, the amounts arising that are due to members are in the nature of liabilities. They are therefore treated as an expense in the statement of income and retained earnings in the relevant year. To the extent that they remain unpaid at the year end, they are shown as liabilities in the statement of financial position.
Conversely, where profits are divided only after a decision by the LLP or its representative, so that the LLP has an unconditional right to refuse payment, such profits are classed as an appropriation of equity rather than as an expense. They are therefore shown as a residual amount available for discretionary division among members in the statement of income and retained earnings and are equity appropriations in the statement of financial position.
Other amounts applied to members, for example remuneration paid under an employment contract and interest on capital balances, are treated in the same way as all other divisions of profits, as described above, according to whether the LLP has, in each case, an unconditional right to refuse payment.
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 statement of income and retained earnings 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'.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship (see hedge accounting policy). Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4. Creditors: amounts falling due within one year

| 31 Mar 26
| £
Trade creditors | 5,640
Other creditors | 3,601
| -------
| 9,241
| -------

5. | Loans and other debts due to members

| 31 Mar 26
| £
Amounts owed to members in respect of profits | 497,400
| ---------