Company No: OC434358 (England and Wales)

Contents

• Statement of Financial Position
• Reconciliation of Members' Interests
• Notes to the Financial Statements

	Note	2026		2025
		£		£
Fixed assets
Investments	3	175,355		156,053
		175,355		156,053
Current assets
Debtors	4	3,741		106
		3,741		106
Creditors: amounts falling due within one year	5	( 12,923)		0
Net current (liabilities)/assets		(9,182)		106
Total assets less current liabilities		166,173		156,159
Net assets attributable to members		166,173		156,159
Represented by
Loans and other debts due to members within one year
Other amounts		166,173		156,159
		166,173		156,159
Total members' interests
Loans and other debts due to members	7	166,173		156,159
		166,173		156,159

For the financial year ending 31 March 2026 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.

Members' responsibilities:

• The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime and a copy of the Statement of Comprehensive Income has not been delivered.

The financial statements of Frilmi Investments LLP (registered number: OC434358) were approved and authorised for issue by the members. They were signed on its behalf by:

D Freedman Designated member

M D Hilmi Designated member

23 October 2026

	DEBT Loans and other debts due to members less any amounts due from members in debtors	Total members' interests
	Other amounts	Total
	£	£
Amounts due to members	72,975
Balance at 01 April 2024	72,975	72,975
Members' remuneration charged as an expense, including employment and retirement benefit costs	106	106
Members' interest after result for the financial year	73,081	73,081
Introduced by members	83,078	83,078
Amounts due to members	156,159
Balance at 31 March 2025	156,159	156,159
Members' remuneration charged as an expense, including employment and retirement benefit costs	49,410	49,410
Members' interest after result for the financial year	205,569	205,569
Drawings	(64,842)	(64,842)
Introduced by members	25,446	25,446
Amounts due to members	166,173
Balance at 31 March 2026	166,173	166,173

There are no existing restrictions or limitations which impact the ability of the members of the LLP to reduce the amount of Members' other interests.

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Frilmi Investments LLP is a limited liability partnership, incorporated in the United Kingdom under the Limited Liability Partnerships Act 2000 and is registered in England and Wales. The address of the LLP's registered office is 101 Wigmore Street, London, W1U 1QU, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Limited Liability Partnerships Act 2000 as applicable to companies subject to the small companies regime and the requirements of the Statement of Recommended Practice Accounting by Limited Liability Partnerships issued in December 2021 (SORP 2022).

The financial statements are presented in pounds sterling which is the functional currency of the LLP and rounded to the nearest £.

Taxation

The LLP is not subject to tax in its own right. Taxable profits and losses are allocated to the members in accordance with the allocation schedule set out in the LLP agreement and any liability for tax is the members' own responsibility.

Division and distribution of profits

A division of profits is the mechanism by which the profits of an LLP become a debt due to members. A division may be automatic or discretionary, may relate to some or all of the profits for a financial period and may take place during or after the end of a financial period.

An automatic division of profits is one where the LLP does not have an unconditional right to avoid making a division of an amount of profits based on the members' agreement in force at the time, whereas a discretionary division of profits requires a decision to be made by the LLP, which it has the unconditional right to avoid making.

The LLP divides profits automatically. Automatic divisions of profits are recognised as 'Members' remuneration charged as an expense' in the Statement of Comprehensive Income.

Fixed asset investments

Investments in unlisted entity shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the LLP during the year	0		0

3. Fixed asset investments

	Other investments		Total
	£		£
Cost or valuation before impairment
At 01 April 2025	168,553		168,553
Additions	35,969		35,969
Disposals	( 16,667)		( 16,667)
At 31 March 2026	187,855		187,855
Provisions for impairment
At 01 April 2025	12,500		12,500
At 31 March 2026	12,500		12,500
Carrying value at 31 March 2026	175,355		175,355
Carrying value at 31 March 2025	156,053		156,053

4. Debtors

	2026		2025
	£		£
Other debtors	3,741		106

5. Creditors: amounts falling due within one year

	2026		2025
	£		£
Other creditors	12,923		0

6. Related party transactions

The designated members of the LLP are considered to be key management responsible for planning, directing and controlling the activities of the LLP. Transactions with these individuals and balances at the period-end are shown in the Reconciliation of Members Interests.

7. Loans and other debts due to members

	2026		2025
	£		£
Other amounts due to members	166,173		156,159

Loans and other debts due to members may be further analysed as follows:

	2026		2025
	£		£
Falling due within one year	166,173		156,159

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

The amount of capital each member is required to subscribe is determined, from time to time, by the designated members of the LLP and under the Members' Agreement, capital is repayable on retirement. Liabilities to former members are shown within other creditors.