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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

Adop Uk Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 51 Lode Road, Bottisham, Cambridgeshire, CB25 9DJ.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

At 31 December 202true4 the company's current liabilities exceeded its current assets by £523,684 (2023 -

£505,460). The company meets its financing requirements through a loan facility provided by its parent

company Fadegest SA. At the year end the loan amounted to £539,989 (2023 - £525,127). The directors have

received assurances from Fadegest SA that the parent company will continue to provide financial support to

ADOP UK Ltd to allow it to meet its liabilities as they fall due and continue to trade.

As such the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the forseeable future and, therefore, they continue to adopt the going concern basis in preparing the financial statements.

Turnover comprises rents receivable from the letting of commercial property. Rents are recognised in the period to which the rent relates. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:

The amount of revenue can be reliably measured;

it is probable that future economic benefits will flow to the entity;

and specific criteria have been met for each of the company's activities.

Investment property is carried at fair value determined annually by the directors and derived from historic

independent professional advice and assessment of the property's income potential. No depreciation is provided. Changes in the fair value are recognised in the statement of income and retained earnings.

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

The average monthly number of persons (including directors) employed by the company during the year was:

The 2024 valuations were made by the directors on a fair value basis. There has been no valuation of investment property by a independent valuer.

The company's immediate parent is Fadegest SA, incorporated in France.

The parent's financial statements are available upon request from -

43 Rue Du Theatre

75015 Paris

France

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

In our opinion the financial statements:

• give a true and fair view of the state of the company's affairs as at 31 December 2024 and of its loss for the year then ended;

• have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

• have been prepared in accordance with the requirements of the Companies Act 2006.