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REGISTERED NUMBER: 14383129 (England and Wales)














ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

28 SEPTEMBER 2022 TO 30 SEPTEMBER 2023

FOR

FELEPPA INVESTMENTS LTD

FELEPPA INVESTMENTS LTD (REGISTERED NUMBER: 14383129)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 28 SEPTEMBER 2022 TO 30 SEPTEMBER 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


FELEPPA INVESTMENTS LTD

COMPANY INFORMATION
FOR THE PERIOD 28 SEPTEMBER 2022 TO 30 SEPTEMBER 2023







DIRECTOR: Mr Gianmaria Feleppa





REGISTERED OFFICE: c/o Michael Filiou Ltd
Salisbury House
81 High Street
Potters Bar
Hertfordshire
EN6 5AS





REGISTERED NUMBER: 14383129 (England and Wales)





ACCOUNTANTS: Michael Filiou Ltd
Chartered Certified Accountants
www.michaelfiliou.com
Salisbury House
81 High Street
Potters Bar
Hertfordshire
EN6 5AS

FELEPPA INVESTMENTS LTD (REGISTERED NUMBER: 14383129)

ABRIDGED BALANCE SHEET
30 SEPTEMBER 2023

Notes €    €   
FIXED ASSETS
Intangible assets 5 -
Investments 6 54,760,000
54,760,000

CURRENT ASSETS
Cash in hand 1,183
NET CURRENT ASSETS 1,183
TOTAL ASSETS LESS CURRENT
LIABILITIES

54,761,183

CREDITORS
Amounts falling due after more than one
year

54,760,000
NET ASSETS 1,183

CAPITAL AND RESERVES
Called up share capital 7 1,183
SHAREHOLDERS' FUNDS 1,183

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company 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 relating to financial statements, so far as applicable to the company.

FELEPPA INVESTMENTS LTD (REGISTERED NUMBER: 14383129)

ABRIDGED BALANCE SHEET - continued
30 SEPTEMBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 30 September 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 April 2025 and were signed by:





Mr Gianmaria Feleppa - Director


FELEPPA INVESTMENTS LTD (REGISTERED NUMBER: 14383129)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 28 SEPTEMBER 2022 TO 30 SEPTEMBER 2023


1. STATUTORY INFORMATION

Feleppa Investments Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Euro (€).


2. STATEMENT OF COMPLIANCE

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 Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about Feleppa Investments Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Foreign currencies
Assets and liabilities in foreign currencies are translated into Euros at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into Euros at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

FELEPPA INVESTMENTS LTD (REGISTERED NUMBER: 14383129)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 28 SEPTEMBER 2022 TO 30 SEPTEMBER 2023


5. INTANGIBLE FIXED ASSETS
Totals
€   
COST
Additions 54,760,000
Disposals (54,760,000 )
At 30 September 2023 -
NET BOOK VALUE

At 30 September 2023 -

In February 2023, the Fintech platform created and managed by the company was sold at cost to Ucapital Ltd in exchange for 925,925,926 new ordinary shares of €0.000113 each in Ucapital Ltd at total value of €25,000,000 resulting in a 54.5% shareholding in Ucapital Ltd.

In July 2023, the Ucapital Sparks platform also created and managed by the company was sold at cost to Ucapital Ltd in exchange for 960,000,000 new ordinary shares of €0.000113 each in Ucapital Ltd at total value of €29,760,000 increasing its shareholding in Ucapital Ltd to 62.84%.

6. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
€   
COST
Additions 54,760,000
At 30 September 2023 54,760,000
NET BOOK VALUE
At 30 September 2023 54,760,000

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Ucapital Ltd
Registered office: Salisbury House, 81 High Street, Potters Bar, Hertfordshire EN6 5AS, United Kingdom
Nature of business: Holding shares in group companies
%
Class of shares: holding
Ordinary 62.84

In February 2023, the company purchased 925,925,926 new ordinary shares of €0.000113 each in Ucapital Ltd at total value of €25,000,000 resulting in a 54.5% shareholding in Ucapital Ltd.

In July 2023, the company purchased 960,000,000 new ordinary shares of €0.000113 each in Ucapital Ltd at total value of €29,760,000 thus increasing its shareholding in Ucapital Ltd to 62.84%.

FELEPPA INVESTMENTS LTD (REGISTERED NUMBER: 14383129)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 28 SEPTEMBER 2022 TO 30 SEPTEMBER 2023


7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: €   
1,000 Ordinary £1 1,183

8. RESERVES
Retained
earnings
€   

Profit for the period -
At 30 September 2023 -

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr Gianmaria Feleppa.

He holds all 100% of the issued share capital of the company.