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REGISTERED NUMBER: 14865996 (England and Wales)















Unaudited Financial Statements

for the Period 12 May 2023 to 31 December 2023

for

Bonaccord Champion MH Investor Limited

Bonaccord Champion MH Investor Limited (Registered number: 14865996)






Contents of the Financial Statements
for the Period 12 May 2023 to 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bonaccord Champion MH Investor Limited

Company Information
for the Period 12 May 2023 to 31 December 2023







DIRECTORS: A Chitkara
A Man





SECRETARY: Elemental Company Secretary Limited





REGISTERED OFFICE: 27 Old Gloucester Street
London
United Kingdom
WC1N 3AX





REGISTERED NUMBER: 14865996 (England and Wales)





ACCOUNTANTS: Elemental CoSec Limited
27 Old Gloucester Street
London
WC1N 3AX

Bonaccord Champion MH Investor Limited (Registered number: 14865996)

Balance Sheet
31 December 2023

Notes £    £   
FIXED ASSETS
Investments 4 143,377,282

CURRENT ASSETS
Debtors 5 106,275,000
Cash at bank 304,464
106,579,464
CREDITORS
Amounts falling due within one year 6 35,425,596
NET CURRENT ASSETS 71,153,868
TOTAL ASSETS LESS CURRENT
LIABILITIES

214,531,150

CREDITORS
Amounts falling due after more than one
year

7

90,333,750
NET ASSETS 124,197,400

RESERVES
Other reserves 123,928,532
Retained earnings 268,868
124,197,400

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Bonaccord Champion MH Investor Limited (Registered number: 14865996)

Balance Sheet - continued
31 December 2023


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

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

The financial statements were approved by the Board of Directors and authorised for issue on 20 May 2025 and were signed on its behalf by:





A Man - Director


Bonaccord Champion MH Investor Limited (Registered number: 14865996)

Notes to the Financial Statements
for the Period 12 May 2023 to 31 December 2023

1. STATUTORY INFORMATION

Bonaccord Champion MH Investor Limited 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.

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 Companies Act 2006. 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.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

Bonaccord Champion MH Investor Limited (Registered number: 14865996)

Notes to the Financial Statements - continued
for the Period 12 May 2023 to 31 December 2023

4. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
£   
Investment in Project Champion 143,377,282

5. DEBTORS
£   
Amounts falling due within one year:
Other debtors 35,425,000

Amounts falling due after more than one year:
Other debtors 70,850,000

Aggregate amounts 106,275,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other creditors 35,425,596

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
£   
Other creditors 90,333,750

8. ULTIMATE CONTROLLING PARTY

The immediate controlling party is Bonaccord Champion Blocker Limited, a company registered and incorporated in the Cayman Islands with company registration number: MC-399864, by virtue of holding 100% of the share capital.