Stride.VC LLP

(Registration number: OC417818)
Balance Sheet as at 31 March 2026

The members acknowledge their responsibilities for complying with the requirements of the Act, as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 with respect to accounting records and the preparation of accounts.

The financial statements of Stride.VC LLP (registered number OC417818) were approved by the designated members and authorised for issue on 25 July 2026. They were signed on behalf of the limited liability partnership by:

......................................... F Destin Designated member

Stride.VC LLP

Notes to the Financial Statements for the Year Ended 31 March 2026

1	Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'', the Companies Act 2006 as applied to limited liability partnerships and the Statement of Recommended Practice 'Accounting by Limited Liability Partnerships.'

General information and basis of accounting

The limited liability partnership is incorporated in United Kingdom under the Limited Liability Partnership Act 2000. The address of the registered office is 4 Grotto Passage, London W1W 4JX. The principal activity of the limited liability partnership is the provision of investment advisory and fund management services.

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The functional currency of Stride.VC LLP is considered to be pounds sterling because that is the currency of the primary economic environment in which the limited liability partnership operates. Foreign operations are included in accordance with the policies set out below.

Going concern

The financial liquidity position of the LLP is such that it is well placed to manage its business risks successfully. The members expect that the LLP will have available resources to continue in operational existence for the foreseeable future. Thus the going concern basis of accounting has been adopted in preparing the annual financial statements.

Exemption from preparing group accounts

The limited liability partnership is part of a small group. The limited liability partnership has taken advantage of the exemption provided by Section 399 (2A) of the Companies Act 2006, as applied to limited liability partnerships, and has not prepared group accounts.

Revenue recognition

Turnover represents advisory fees and is recognised over the period in which the advisory services are provided.

Members' remuneration and division of profits

A member's non-discretionary distribution is accounted for as remuneration charged as an expense in the profit and loss account after arriving at "profit for the financial period before members' remuneration and profit shares".

A member's discretionary share in the profit or the loss for the period is accounted for as an allocation of profits. Unallocated profits and losses are included within "other reserves".

Stride.VC LLP

Notes to the Financial Statements for the Year Ended 31 March 2026

Foreign currency

The LLP's functional and presentational currency is GBP.

Foreign currency translations are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end, foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction.

Foreign exchange gains and losses resulting from settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign exchange currencies are recognised in profit or loss.

Taxation

The taxation payable on the partnership's profits is the personal liability of the members. Consequently, neither partnership taxation nor related deferred taxation is accounted for in these financial statements.

Tangible fixed assets

Tangible fixed assets are stated at historical cost less accumulated depreciation and any accumulated impairment losses.

Depreciation

Depreciation is provided on tangible fixed assets on a straight line basisso as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Leasehold improvements	Over the lease term
Office equipment	5 years
Computer equipment	2 years

The residual value of artwork is considered to be equal to or above historic cost, so no depreciation is provided on this asset class. This represents a departure from the requirement in the Companies Act 2006, as applied to limited liability partnerships to provide for depreciation on fixed assets. However, the members believe that making such provision would not give a true and fair view.

Fixed asset investments

Investments are measured at cost less accumulated impairment.

Stride.VC LLP

Notes to the Financial Statements for the Year Ended 31 March 2026

Hire purchase and leasing

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

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the leasee's benefit from the use of the leased asset.

Financial Instruments

The LLP does not trade in financial instruments and all such instruments arise directly from operations.

All trade and other debtors are initiallty recognised at transaction value, as none contain in substance a financing transaction. Thereafter trade and other debtors are reviewed for impairment where there is objective evidence based on observable data that the balance may be impaired. The entity does not hold collateral against its trade and other receivables so its exposure to credit risk is the net balance of trade and other debtors after allowance for impairment.

The LLP's cash holdings comprise on demand balances. All cash is held with banks with strong external credit ratings.

Trade and other creditors and accruals are initially recognised at transaction value as none represent a financing transaction. They are only derecognised when they are extinguished.

As the LLP only has short term receivables and payables, its net current asset position after deducting members' other interests is a reasonable measure of its liquidity at any given time.

2	Particulars of employees

The average number of persons employed by the limited liability partnership during the year was 1 (2025 - 5).

Stride.VC LLP

Notes to the Financial Statements for the Year Ended 31 March 2026

4	Investments held as fixed assets

	2026 £	2025 £
Shares in group undertakings	10,670	10,670

5

Debtors

	2026 £	2025 £
Trade debtors	102,263	33,000
Other debtors	87,488	362,612
Prepayments and accrued income	83,473	77,500
Total current trade and other debtors	273,224	473,112

At the balance sheet date £nil (2025: £105,000) of other debtors were due in more than one year.

6	Creditors: Amounts falling due within one year

	2026 £	2025 £
Trade creditors	31,032	9,039
Other creditors	73,930	-
Accruals and deferred income	53,229	308,399
Taxation and social security	5,238	2,179
	163,429	319,617

7	Loans and other debts due to members

Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up.

Stride.VC LLP

Notes to the Financial Statements for the Year Ended 31 March 2026

8	Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

	2026 £	2025 £
Not later than one year	213,750	285,000
Later than one year and not later than five years	-	380,000
	213,750	665,000

9	Related party transactions

All turnover is generated from subsidiaries or funds of which subsidiaries are the general partner. At the balance sheet date all (2025: all) of trade debtors and £63,930 (2025: £266,026) of other debtors were due from subsidairies and the funds of which they are general partners. There was also £73,930 (2025: £nil) owed to the funds at the balance sheet date.

10

Control

The ultimate controlling partner is F Destin, a designated member.