REGISTERED NUMBER: OC440667 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Exceptional Ventures LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

M J Cooper

P Pio

REGISTERED OFFICE:

27 Old Gloucester Street

London

United Kingdom

WC1N 3AX

REGISTERED NUMBER:

OC440667 (England and Wales)

FIXED ASSETS

Tangible assets

4

7,856

9,812

CURRENT ASSETS

Debtors

5

212,486

65,134

Cash at bank

55,103

181,843

267,589

246,977

CREDITORS

Amounts falling due within one year

6

246,288

101,727

NET CURRENT ASSETS

21,301

145,250

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

29,157

155,062

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

24,157

150,062

MEMBERS' OTHER INTERESTS

Capital accounts

5,000

5,000

29,157

155,062

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

24,157

150,062

Members' other interests

5,000

5,000

29,157

155,062

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 March 2026.

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 21 July 2026 and were signed by:

P Pio - Designated member

1.	STATUTORY INFORMATION

Exceptional Ventures 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 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.

Office Equipment - 25% Straight Line

Computer Equipments - 25% Straight Line

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet 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.

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.

Pension costs and other post-retirement benefits

The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEE INFORMATION

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2025

2,749

9,960

12,709

Additions

-

1,332

1,332

At 31 March 2026

2,749

11,292

14,041

DEPRECIATION

At 1 April 2025

991

1,906

2,897

Charge for year

687

2,601

3,288

At 31 March 2026

1,678

4,507

6,185

NET BOOK VALUE

At 31 March 2026

1,071

6,785

7,856

At 31 March 2025

1,758

8,054

9,812

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

138,062

24,279

Exceptional Ventures Fund 1 LP

18,000

-

Other debtors

10,800

3,240

Accrued income

-

425

Prepayments

45,624

37,190

212,486

65,134

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade creditors

16,006

17,761

Social security and other taxes

2,326

3,188

VAT

17,836

5,136

Pension Payable

465

552

Other creditors

3,130

-

Deferred income

206,520

75,090

Accrued expenses

5

-

246,288

101,727

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.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.