ACCOUNTS - Final Accounts preparation



	Soros Capital UK Holdco Ltd













	Unaudited financial statements

	For the year ended 31 December 2024

	Registered number: 13386531


Soros Capital UK Holdco Ltd - Registered number: 13386531

Statement of financial position

As at 31 December 2024

		2024		2023
Note		£		£

Fixed assets
Investments	4		45,000		45,000
Current assets
Debtors: amounts falling due within one year	5	44,390		6,848
Cash at bank and in hand	6	127		124
		44,517		6,972
Creditors: amounts falling due within one year	7	(21,003)		(16,672)
Net current assets/(liabilities)			23,514		(9,700)

Net assets			68,514		35,300

Capital and reserves
Called up share capital	1	1
Profit and loss account	68,513	35,299
	68,514	35,300

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The company has opted not to file the income statement in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

G Workman

Director

Date: 25 July 2025

The notes on pages 2 to 5 form part of these financial statements.

Page 1


Soros Capital UK Holdco Ltd

Notes to the financial statements

For the year ended 31 December 2024

1.	General information

Soros Capital UK Holdco Ltd is a private limited company incorporated in England and Wales. The address of the registered office and its principal place of business is 5-10 Bolton Street, London, United Kingdom, W1J 8BA.
The principal activity of the company in the period under review was to hold an investment in Soros Capital Management UK LLP.

2.Significant accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 presented in Pound Sterling (£), which is also the functional currency.
The following principal accounting policies have been applied consistently throughout the financial year.
Consolidation
The company is the parent undertaking of a small group and as such is not required by the Companies Act
2006 to prepare group accounts. These financial statements therefore present information about the
company as an individual undertaking and not about its group.

2.2

Going concern

After reviewing the forecasts and projections the directors have reasonable expectations that the company
has adequate resources to continue in operational existence for the foreseeable future. The company
therefore continues to adopt the going concern basis in preparing its financial statements.

2.3

Revenue

Revenue represents income recognised by the company in respect of services supplied during the year, exclusive of Value Added Tax.
Revenue arose from activities performed within the United Kingdom.

2.4

Administrative expenses

All expenses have been accounted for on an accruals basis.

2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.6

Current and deferred taxation

The current tax payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because it excluded items that are never taxable or deductible. The company's current tax liability is calculated using rates that have been enacted or substantively enacted by the balance sheet date.

Page 2


Soros Capital UK Holdco Ltd

Notes to the financial statements

For the year ended 31 December 2024

2.Significant accounting policies (continued)

2.7

Deferred taxation

Deferred tax is provided in full on timing differences which result in an obligation at the balance sheet date to
pay more tax, or a right to pay less tax, at a future date, at rates expected to apply when they crystallise based on current tax rate and law. Timing differences arise from the inclusion of items of income and expenditure in taxation computations in periods different from those in which they are included in financial statements.
Deferred tax assets are recognised to the extent that it is regarded as more likely than not that they will be
recovered. Deferred tax assets and liabilities are not discounted.

2.8

Foreign currency translation

Transactions and balances
Foreign currency transactions are translated into the functional currency using the spot exchange rates at the
dates of the transactions.
At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.
Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the statement of comprehensive income.
Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the statement of comprehensive income. All other foreign exchange gains and losses are presented in the statement of comprehensive income.

2.9

Investments

Investments held as fixed assets are shown at cost less provision for impairment.

2.10

Debtors

Short term debtors are measured at transaction price, less any impairment.

2.11

Cash and cash equivalents

Cash and cash equivalents comprise of cash at bank and in hand, demand deposits with financial institutions
repayable without penalty on notice and other short term highly liquid investments with original maturity of 3 months or less and bank overdrafts.

2.12

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 3


Soros Capital UK Holdco Ltd

Notes to the financial statements

For the year ended 31 December 2024

2.Significant accounting policies (continued)

2.13

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and loans with related parties.

Employees

The company has no employees.

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost
	At 1 January 2024	45,000
	At 31 December 2024	45,000

Debtors

					2024	2023
					£	£


Amounts owed by group undertakings	44,389	6,647
Other debtors	1	1
Prepayments and accrued income	-	200
	44,390	6,848

6.	Cash and cash equivalents
		2024	2023
		£	£

Cash at bank and in hand	127	124
	127	124

Page 4


Soros Capital UK Holdco Ltd

Notes to the financial statements

For the year ended 31 December 2024

7.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Corporation tax	15,783	11,452
Accruals and deferred income	5,220	5,220
	21,003	16,672

8.	Controlling party

The company is under control of Soros Capital Management LLC, a limited liability company incorporated in the United States of America.

Page 5