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Registered No. OC370744 (England and Wales)
The Exite Group Europe LLP Unaudited accounts for the year ended 31 December 2025
The Exite Group Europe LLP LLP Information for the year ended 31 December 2025
Designated members
Mr David Orencyr
Mr Guy Scetbon
Registered Number
OC370744 (England and Wales)
Registered Office
Churchill House 137-139 Brent Street London NW4 4DJ
Accountants
Clearfin Accountants Limited Churchill House 137-139 Brent Street London NW4 4DJ
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The Exite Group Europe LLP Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
3
-
448,589
Current assets
Debtors
-
1,180
Cash at bank and in hand
80
6,204
80
7,384
Creditors: amounts falling due within one year
4
-
(46,286)
Net current assets/(liabilities)
80
(38,902)
Total assets less current liabilities
80
409,687
Creditors: amounts falling due after more than one year
5
-
(165,177)
Net assets attributable to members
80
244,510
Represented by:
Loans and other debts due to members
6
-
244,430
Members' other interests
Members' capital classified as equity
80
80
80
244,510
Total members' interests
Loans and other debts due to members
-
244,430
Members' other interests
80
80
80
244,510
For the year ending 31 December 2025 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (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 profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 19 July 2026.
Mr Guy Scetbon Designated member Limited Liability Partnership Registration No. OC370744
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The Exite Group Europe LLP Notes to the Accounts for the year ended 31 December 2025
1
Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Members' remuneration
Remuneration paid to members under a contract of employment is included as an expense in the profit and loss account. Other fixed amounts paid to members are also included within members' remuneration treated as an expense. Members' shares in the profit or loss for the year are accounted for as an allocation of profits. Unallocated profits and losses are included within 'other reserves'.
Members' capital
Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital, even if that obligation is conditional.
Investment property
Investment properties are revalued annually and any surplus or deficit is dealt with through profit and loss. No depreciation is provided in respect of investment properties.
Going concern
The LLP ceased trading in December 2025. Accordingly, the LLP is no longer considered to be a going concern. The financial statements have therefore been prepared on a basis other than that of a going concern. The financial statements have been prepared on a break-up basis, under which assets are stated at their estimated recoverable amounts and liabilities are stated at the amounts expected to be settled. The members consider that this basis is appropriate as the LLP will cease trading and has no intention of continuing its operations.
2
Statutory information
The Exite Group Europe LLP is a limited liability partnership, incorporated in England and Wales, registration number OC370744. Its registered office is Churchill House, 137-139 Brent Street, London, NW4 4DJ.
3
Investment property
2025
£
Fair value at 1 January 2025
448,589
Disposals
448,589
At 31 December 2025
-
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The Exite Group Europe LLP Notes to the Accounts for the year ended 31 December 2025
4
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
-
16,685
Other creditors
-
28,201
Accruals
-
1,400
-
46,286
5
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
165,177
6
Loans and other debts due to members
2025
2024
£
£
Amounts due to members in respect of profits
-
244,430
Amounts falling due within one year
-
244,430
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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