REGISTERED NUMBER: OC315278 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

ACRESFIELD CAPITAL LLP

Page

General Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DESIGNATED MEMBERS:

J H Dale

D P J Ross

REGISTERED OFFICE:

10 St James's Place

London

SW1A 1NP

REGISTERED NUMBER:

OC315278 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

14 All Saints Street

Stamford

Lincolnshire

PE9 2PA

CURRENT ASSETS

Debtors

2,897

7,613

Cash at bank

411

427

3,308

8,040

CREDITORS

Amounts falling due within one year

4

2,400

7,380

NET CURRENT ASSETS

908

660

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

908

660

LOANS AND OTHER DEBTS DUE TO MEMBERS

5

908

660

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

5

908

660

Amounts due from members

(2,897

)

(7,613

)

(1,989

)

(6,953

)

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 December 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 22 July 2026 and were signed by:

D P J Ross - Designated member

1.	STATUTORY INFORMATION

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

The presentation currency of the financial statements is the Pound Sterling (£).

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 Sections 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 historic cost convention.

Foreign currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position 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.

Fixed asset investments

Fixed asset investments are stated at cost less provisions for impairment where, in the absence of an active market, the LLP has been unable to obtain an accurate fair value.

The LLP invests in investment partnerships and receives a share of the profits or losses of the funds in proportion to the amount of capital contributed by the investment partners. The value of investments is stated at the LLP's share of partner equity in a fund, as reported in the financial statements of the investment partnership, excluding unrealised gains and losses, adjusted for exchange fluctuations.

Revenue

Revenue generated by the LLP represents profits on investments held within investment partnerships and foreign exchange gains/losses relating to investments.

3.	EMPLOYEE INFORMATION

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

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Creditors and accruals

2,400

7,380

5.

LOANS AND OTHER DEBTS DUE TO MEMBERS

2025

2024

£

£

Amounts owed to members - falling due within one year

908

660

Amounts due from members

(2,897

)

(7,613

)

(1,989

)

(6,953

)

All loans and other debts due to members are unsecured and do not rank above any other unsecured creditor in the event of a winding up. There are no restrictions in place on the ability of members to reduce the amount of 'member other interests'.

6.	GOING CONCERN

The LLP held an investment in an investment fund which entered into dissolution with effect from 31 December 2022. The fund has now made its final distribution. Following the cessation of this fund, Acresfield Capital LLP is also expected to cease as the members no longer require its use for investment purposes. Any surplus funds will be returned to the members and any funds owing to the LLP will be repaid.

Consequently the going concern basis is not appropriate and the financial statements have been prepared on a realisation basis which includes, where appropriate, writing down the LLP's assets to estimated net realisable value.