DSQ SIP LLP

	Page
Balance Sheet	1
Notes to the Financial Statements	2

Registered number: OC454264

		2025
	Notes	£	£
FIXED ASSETS
Investments	4		2,002,521

			2,002,521
TOTAL ASSETS LESS CURRENT LIABILITIES			2,002,521

NET ASSETS ATTRIBUTABLE TO MEMBERS			2,002,521

REPRESENTED BY:
Equity
Members' other interests
Members' capital		2,002,521

			2,002,521

TOTAL MEMBERS' INTEREST
Members' other interests			2,002,521

			2,002,521

For the year ending 31 October 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (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 LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

D SQUARED CAPITAL LIMITED

Designated Member

31 July 2026

The notes on page 2 form part of these financial statements.

1. General Information

DSQ SIP LLP is a limited liability partnership, incorporated in England & Wales, registered number OC454264 . The Registered Office is C/O Cantelowes Limited, 1 Royal Exchange Avenue, London, EC3V 3LT.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in May 2024 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: NIL

4. Investments

	Unlisted
	£
Cost or Valuation
As at 25 October 2024	-
Additions	2,002,521

As at 31 October 2025	2,002,521

Provision
As at 25 October 2024	-

As at 31 October 2025	-

Net Book Value
As at 31 October 2025	2,002,521

As at 25 October 2024	-

Page 2