Company No: 05958539 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Anthony Ivor Brittan
	Clive Britton
	Paul Chares Ehrenreich
	Andre Pottas
	Mark Saunders

REGISTERED OFFICE	1st Floor 38/39 Hampstead High Street
	London
	NW3 1QE
	United Kingdom

COMPANY NUMBER

05958539 (England and Wales)

	Note	2024		2023
		$		$
Fixed assets
Investments	3	200,000		200,000
		200,000		200,000
Current assets
Debtors	4	1,270,606		269,363
Cash at bank and in hand		308,644		1,174,995
		1,579,250		1,444,358
Creditors: amounts falling due within one year	5	( 481,985)		( 296,873)
Net current assets		1,097,265		1,147,485
Total assets less current liabilities		1,297,265		1,347,485
Net assets		1,297,265		1,347,485
Capital and reserves
Called-up share capital		188		188
Profit and loss account		1,297,077		1,347,297
Total shareholders' funds		1,297,265		1,347,485

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

Directors' responsibilities:

• The members have not required the company to obtain an audit of its financial statements for the financial year 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Singita International Limited (registered number: 05958539) were approved and authorised for issue by the Board of Directors on 15 September 2025. They were signed on its behalf by:

Clive Britton Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Singita International Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is 1st Floor 38/39 Hampstead High Street, London, NW3 1QE, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in USD which is the functional currency of the Company and rounded to the nearest $.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

Prior year adjustment

A prior year adjustment has been made to reverse the write-off of a receivable invoice as at 31 December 2023 in the amount of $73,077 and to recognise the related tax effect. This has increased debtors by $73,077 to $269,363 (previously reported as $196,286) and creditors by $17,187 to $296,873 (previously reported as $279,686). This has also increased profit and loss account by $55,890 to $1,347,297 (previously reported as $1,291,407).

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, during the period within which the services were provided, and is shown net of sales taxes.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Investment in subsidiary

Investments held in subsidiaries are recognised at cost less impairment.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the company during the year, including directors	5		5

3. Fixed asset investments

Investments in subsidiaries

	2024
	$
Cost
At 01 January 2024	200,000
At 31 December 2024	200,000
Carrying value at 31 December 2024	200,000
Carrying value at 31 December 2023	200,000

4. Debtors

	2024		2023
	$		$
Trade debtors	1,253,191		251,948
Amounts owed by related parties (note 6)	17,415		17,415
	1,270,606		269,363

5. Creditors: amounts falling due within one year

	2024		2023
	$		$
Trade creditors	481,985		204,647
Taxation and social security	0		92,226
	481,985		296,873

6. Related party transactions

The amounts owed by related parties represent $17,415 (2023 – $17,415) owed by the company's immediate parent undertaking, Singita Holdings International Limited, a company registered by continuation, in the Republic of Mauritius. The registered office of the parent is TMF Mauritius, 3rd Floor, Standard Chartered Tower, 19 Cybercity, Ebene, Republic of Mauritius.

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.