REGISTERED NUMBER: OC302928 (England and Wales)

MATTERHORN INVESTMENT MANAGEMENT LLP

AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DESIGNATED MEMBERS:

P W Bate

Denali Investments Limited

REGISTERED OFFICE:

6 South Molton Street

London

W1K 5QF

REGISTERED NUMBER:

OC302928 (England and Wales)

AUDITORS:

Mercer Lewin Ltd

Chartered Accountants and Registered Auditors

6-7 Citibase

New Barclay House

234 Botley Road

Oxford

OX2 0HP

FIXED ASSETS

Tangible assets

4

583

1,166

CURRENT ASSETS

Debtors

5

35,716

153,156

Cash at bank

46,474

7,742

82,190

160,898

CREDITORS

Amounts falling due within one year

6

7,042

15,500

NET CURRENT ASSETS

75,148

145,398

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

75,731

146,564

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

75,731

146,564

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

75,731

146,564

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 17 July 2026 and were signed by:

P W Bate - Designated member

1.	STATUTORY INFORMATION

Matterhorn Investment Management 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS

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

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.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 1 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

and 31 March 2026

1,749

DEPRECIATION

At 1 April 2025

583

Charge for year

583

At 31 March 2026

1,166

NET BOOK VALUE

At 31 March 2026

583

At 31 March 2025

1,166

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

35,716

153,156

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Taxation and social security

(9,290

)

3,683

Other creditors

16,332

11,817

7,042

15,500

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Debt due to members will rank equally with debts due to other unsecured creditors in a winding up.

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Andrew Churchill Stone (Senior Statutory Auditor)

for and on behalf of Mercer Lewin Ltd

9.	RECLASSIFICATION OF COMPARATIVE FIGURES

The presentation of the comparative balance sheet figures have been amended to align with the appropriate classification requirements for a limited liability partnership.

In the prior year balance sheet, the members' funds were split into "share capital" and "retained earnings". As an LLP does not possess share capital or retained earnings in the corporate sense, these prior year captions have been reclassified within the members' funds categories to correctly present the members' interests in accordance with FRS 102 and the LLP SORP.

The total members' funds balance brought forward from the prior year remains unchanged. Consequently, the opening balance for the current year is exactly as previously reported, and there is no effect on the reported profit, total net assets, or cash flows for either the current or prior year.