Contents of the Financial Statements

for the Period Ended 31 December 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

Directors' report period ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Directors

The directors shown below have held office during the whole of the period from
1 January 2024 to 31 December 2024

Arne Hojriis Frandsen
Andrew Paul Willis

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
23 September 2025

And signed on behalf of the board by:
Name: Arne Hojriis Frandsen
Status: Director

Profit And Loss Account

for the Period Ended 31 December 2024

	2024	2023
	£	£
Turnover:	(5,758,000)	(6,778,000)
Gross profit(or loss):	(5,758,000)	(6,778,000)
Administrative expenses:	( 1,000 )	0
Operating profit(or loss):	(5,759,000)	(6,778,000)
Profit(or loss) before tax:	(5,759,000)	(6,778,000)
Profit(or loss) for the financial year:	(5,759,000)	(6,778,000)

Balance sheet

As at 31 December 2024

	Notes	2024	2023
		£	£
Current assets
Stocks:	3	8,876,000	14,634,000
Cash at bank and in hand:		51,000	52,000
Total current assets:		8,927,000	14,686,000
Net current assets (liabilities):		8,927,000	14,686,000
Total assets less current liabilities:		8,927,000	14,686,000
Creditors: amounts falling due after more than one year:	4	( 874,000 )	( 874,000 )
Total net assets (liabilities):		8,053,000	13,812,000
Capital and reserves
Called up share capital:		12,765,000	12,765,000
Profit and loss account:		(4,712,000 )	1,047,000
Total Shareholders' funds:		8,053,000	13,812,000

The notes form part of these financial statements

Balance sheet statements

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 December 2024

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

Notes to the Financial Statements

for the Period Ended 31 December 2024

• 2. Employees

  	2024	2023
  Average number of employees during the period	2	2