M&G REAL ESTATE UKEV (GP) LLP

• ⚠

  Material uncertainty over going concern

  As the LLP provides General Partner services to the Partnership, the life of the LLP is tied to the Partnership. The Partnership's Partnership Term Date ('PTD') was originally 29 January 2025, but an extension of the PTD of an additional year took place during the year. The new PTD is 29 January 2026. This can further be extended by M&G Alternatives Investment Management Limited (the 'Manager'), for one year, with the approval of the Advisory Committee, if it deems it advisable or necessary to optimise returns from sales or other realisation of investment property. ... It is reasonable to expect that the LLP will not continue past 29 January 2026 (being the extended PTD). Preparing the Financial Statements on the going concern basis is deemed to remain inappropriate. Therefore, the Financial Statements for the year ended 31 December 2024 have been prepared under a basis other than going concern.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“As the LLP provides General Partner services to the Partnership, the life of the LLP is tied to the Partnership. The Partnership's Partnership Term Date ('PTD') was originally 29 January 2025, but an extension of the PTD of an additional year took place during the year. The new PTD is 29 January 2026. This can further be extended by M&G Alternatives Investment Management Limited (the 'Manager'), for one year, with the approval of the Advisory Committee, if it deems it advisable or necessary to optimise returns from sales or other realisation of investment property. ... It is reasonable to expect that the LLP will not continue past 29 January 2026 (being the extended PTD). Preparing the Financial Statements on the going concern basis is deemed to remain inappropriate. Therefore, the Financial Statements for the year ended 31 December 2024 have been prepared under a basis other than going concern.”

Group structure

1. M&G REAL ESTATE UKEV (GP) LLP · parent
   1. M&G RE UKEV (GP1) LLP 50% · England & Wales · General partner

Significant events

• “The Members of the LLP have evaluated events occurring after the year end and up to 17 September 2025, which is the date of signing of the Members' report and has concluded that there are no material events that require disclosure.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +4,337.5%

  £8 → £355

• Cash

  —

  Not reported

• Net assets

  +110.6%

  £321 → £676

• Employees

  —

  Not reported

• Operating profit

  +4,337.5%

  £8 → £355

• Profit before tax

  +4,337.5%

  £8 → £355

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers