The Directors present their annual report and financial statements for the year ended 31 December 2024.

The company has not traded during the current year or preceding financial year and accordingly no profit or loss account has been prepared.

The Directors who held office during the year and up to the date of signature of the financial statements were as follows:

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

Lenwell Limited is a private company limited by shares incorporated in England and Wales. The registered office is Crowthorne House, Nine Mile Ride, Wokingham, Berkshire, RG40 3GZ.

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.

The financial statements are prepared in sterling, which is the functional currency of the Company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The company has not traded during the year or the preceding financial period. During this time, the company received no income and incurred no expenditure and therefore no Profit and loss account is presented in these financial statements.

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.

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

The Company is a subsidiary of Leaders Limited, which is registered at Crowthorne House, Nine Mile Ride, Wokingham, Berkshire, RG40 3GZ. At 31 December 2024, the Company's ultimate parent company was Hadrian Holding Limited, which is registered at 280 Bishopsgate, London, EC2M 4RB.

Hadrian Holding Limited is the smallest and largest group in which the results of the Company are consolidated.

The consolidated accounts, which include the results of this Company, are available to the public and may be obtained from Companies House.

At 31 December 2024, the ultimate controlling party of Lenwell Limited is Platinum Equity Small Cap Fund International (Cayman), L.P.