MAINBRIDGE PERCENTILE LIMITED

Company Registration Number:
14143149 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

MAINBRIDGE PERCENTILE LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Notes

MAINBRIDGE PERCENTILE LIMITED

Balance sheet

As at 31 May 2024


Notes

2024

2023


£

£
Called up share capital not paid: 100 100
Current assets
Debtors:   49,900 49,900
Total current assets: 49,900 49,900
Net current assets (liabilities): 49,900 49,900
Total assets less current liabilities: 50,000 50,000
Total net assets (liabilities): 50,000 50,000
Capital and reserves
Called up share capital: 100 100
Other reserves: 49,900 49,900
Shareholders funds: 50,000 50,000

The notes form part of these financial statements

MAINBRIDGE PERCENTILE LIMITED

Balance sheet statements

For the year ending 31 May 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 25 April 2025
and signed on behalf of the board by:

Name: Babatunde Pampam
Status: Director

The notes form part of these financial statements

MAINBRIDGE PERCENTILE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Other accounting policies

The balance of £49,900 represents payment for new shares issued to shareholders and is due upon converting to a public company within 12 months of balance sheet date. There is a corporate bond issue of £640m (US$800 million) contingent upon capital investment value due from the issuance of corporate bonds ISIN GB00BLCXWN03 on the Frankfurt Stock Exchange. This is not shown as part of the financial position as there are noinvestors at balance sheet. date. There is also a provision for accrued listing fees worth £829,524. No invoices have been presented at balance sheet date so amount not yet included in revenue reserves. The balance of £49,900 represents payment for new shares issued to shareholders and is due upon converting to a public company within 12 months of balance sheet date.

MAINBRIDGE PERCENTILE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

2. Employees

2024 2023
Average number of employees during the period 0 0

MAINBRIDGE PERCENTILE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Financial commitments

The company will expect to buy normal operating assets as soon as it commences financial operations. We expect some of these transctions to occur in the subsequent financial year.

MAINBRIDGE PERCENTILE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Loans to directors

None of the directors received loans from the company as at balance sheet date. However the value of £5,000 was paid out of pocket by Mr Adebola Adefehinti in respect to part of the listing fees accrued.

MAINBRIDGE PERCENTILE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Off balance sheet arrangements

The company issued £640m (US$800 million) corporate bonds ISIN GB00BLCXWN03 for ten years due 2033 on the Frankfurt Stock Exchange. This is not shown as part of the financial information on the balance sheet as it is contingent upon capital investment flows due from investors and none of these bonds have been subscribed by investors. Furthermore the associated accrued costs of approximately £824,524 is also contingent as the company has not been invoiced . However £5,000 was paid on account and this amount has been reported under the note on Directors Loans