REGISTERED NUMBER: OC343111 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

FOR

SAGITTARIUS INTELLECTUAL PROPERTY LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DESIGNATED MEMBERS:

Dr A J Teuten

Dr M Gibson

REGISTERED OFFICE:

19-21 Chapel Street

Marlow

Bucks

SL7 3HN

REGISTERED NUMBER:

OC343111 (England and Wales)

ACCOUNTANTS:

Richardson Jones

Chartered Accountants

Mercury House

19-21 Chapel Street

Marlow

Buckinghamshire

SL7 3HN

FIXED ASSETS

Tangible assets

4

40,896

40,413

CURRENT ASSETS

Debtors

5

1,221,742

1,062,409

Prepayments and accrued income

97,376

119,829

Cash at bank and in hand

1,103,001

984,620

2,422,119

2,166,858

CREDITORS

Amounts falling due within one year

6

955,331

804,951

NET CURRENT ASSETS

1,466,788

1,361,907

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

1,507,684

1,402,320

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

1,507,684

1,402,320

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

1,507,684

1,402,320

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 31st March 2026.

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 23rd July 2026 and were signed by:

Dr A J Teuten - Designated member

1.	STATUTORY INFORMATION

Sagittarius Intellectual Property LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover represents net invoiced sales of services rendered, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on cost

Office equipment

-

25% on cost

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 16 (2025 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Office

fittings

equipment

Totals

£

£

£

COST

At 1st April 2025

474,236

60,950

535,186

Additions

-

22,399

22,399

Disposals

-

(5,434

)

(5,434

)

At 31st March 2026

474,236

77,915

552,151

DEPRECIATION

At 1st April 2025

458,353

36,420

494,773

Charge for year

6,881

15,035

21,916

Eliminated on disposal

-

(5,434

)

(5,434

)

At 31st March 2026

465,234

46,021

511,255

NET BOOK VALUE

At 31st March 2026

9,002

31,894

40,896

At 31st March 2025

15,883

24,530

40,413

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

1,133,150

963,326

Other debtors

88,592

99,083

1,221,742

1,062,409

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade creditors

274,344

347,432

Taxation and social security

232,028

217,407

Other creditors

448,959

240,112

955,331

804,951

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of a winding up, distribution of the assets available would be made firstly to the creditors of the LLP and then secondly to the members in accordance with their respective entitlements.