C.A. Cotton LLP - Accounts to registrar (filleted)

REGISTERED NUMBER: OC360928 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 July 2025

for

C.A. Cotton LLP

Page

General Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Metron Foundation

Mr D Nazrulloev

REGISTERED OFFICE:

Linen Hall, Suite 631,6th Floor

162-168 Regent Street

London

W1B 5TG

REGISTERED NUMBER:

OC360928 (England and Wales)

ACCOUNTANTS:

Garside and Co. Limited

Suite 631, Linen Hall

162-168 Regent Street

London

W1B 5TG

CURRENT ASSETS

Debtors: amounts falling due within one year

4

1,458,931

CREDITORS

Amounts falling due within one year

5

(7,000

)

(7,000

)

NET CURRENT ASSETS

1,451,931

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO
MEMBERS

1,451,931

LOANS AND OTHER DEBTS DUE TO
MEMBERS

6

1,450,509

MEMBERS' OTHER INTERESTS

Capital accounts

1,422

1,451,931

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

6

1,450,509

Members' other interests

1,422

1,451,931

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 July 2025.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

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

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 21 July 2026 and were signed by:

Mr D Nazrulloev - Designated member

1.	STATUTORY INFORMATION

C.A. Cotton LLP is a limited liability partnership domiciled and incorporated in England and Wales. The registered number is OC360928 and the registered office is Linen Hall, Suite 631, 6th Floor, 162-168 Regent Street, London, England W1B 5TG.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention and in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, "Accounting by Limited Liability Partnerships".

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the entity's accounting policies.

The following principal accounting policies have been applied:

Going concern

The core activity of the LLP has ceased and the members are assessing available opportunities. Nevertheless, the members will provide financial support as and if required. Therefore, going concern is not an issue and the accounts have been prepared on a going concern basis.

Significant judgements and estimates

The preparation of financial statements in conformity with FRS 102 requires management to make judgements, estimates and assumptions that affect the application of policies and reported amounts of assets and liabilities, income and expenses. The estimates and associated assumptions are based on historical experience and various other factors which form the basis of making the judgements about carrying values of assets and liabilities that are not readily apparent from other source. Actual results may differ from these estimates in respect of the judgements, estimates and assumptions made by management in preparing these financial statements none are considered to have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities presented.

Financial instruments

The LLP only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and investments in non-puttable ordinary shares.

Financial assets and liabilities are offset and the net amount reported in the Statement of Financial Position when there is an 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.

Foreign currency translation

Functional and presentation currency

The LLP's functional and presentational currency is US dollars.

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Members' capital

Members' capital is classified as equity as members may withdraw capital only with the prior consent of all other members.

Allocation of profits and drawings

The profits and losses of the LLP are allocated among the members in accordance with the Partnership Agreement which allows for a fixed profit share for all members of 99% and 1% respectively.

Interest income

Interest income is recognised in the Income Statement using the effective interest method.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2024 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

$

Other debtors

1,458,931

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

$

Other creditors

7,000

6.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Unsecured debts due to members will rank equally with debts due to other unsecured creditors in the event of a winding up.

7.	RELATED PARTY DISCLOSURES

There were no related party transactions during the year ending 31 July 2025.

Included within debtors as at 31 July 2025 is a loan amount of $1,040,103 (2024: $1,040,103) due from a relative of one of the LLP members.

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is deemed to be Mr Daler Nazrulloev.