The directors present their annual report and financial statements for the year ended 31 March 2025.

The principal activity of the company was that of a holding company.

The results for the period are set out on page 3. A dividend of £200,000 was declared and paid during the year.

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

The directors are responsible for preparing the annual report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

• select suitable accounting policies and then apply them consistently;

• make judgements and accounting estimates that are reasonable and prudent;

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

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

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Meadowbridge 42 Limited for the year ended 31 March 2025 which comprise the Income Statement, the Statement of Financial Position and the related notes from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Meadowbridge 42 Limited, as a body, in accordance with the terms of our engagement letter dated 12 June 2025. Our work has been undertaken solely to prepare for your approval the financial statements of Meadowbridge 42 Limited and state those matters that we have agreed to state to the Board of Directors of Meadowbridge 42 Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Meadowbridge 42 Limited and its Board of Directors as a body, for our work or for this report.

It is your duty to ensure that Meadowbridge 42 Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Meadowbridge 42 Limited. You consider that Meadowbridge 42 Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Meadowbridge 42 Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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.

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.

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

Meadowbridge 42 Limited is a private company limited by shares that is domiciled and incorporated in England and Wales. The registered office is 192-198 Vauxhall Bridge Road, London, United Kingdom, SW1V 1DX.

These financial statements have been prepared in accordance with Section 1A of 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 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.

Due to the nature of the company’s activity, being that of a holding company, the directors consider that the company has adequate resources to continue in operational existence for the foreseeable future and meet its liabilities as they fall due. Thus the directors truehave adopted the going concern basis of accounting in preparing these financial statements.

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

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.

Basic financial instruments are recorded at amortised cost. The company has no other financial instruments or basic financial instruments measured at fair value.

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 tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

The average monthly number of persons (including directors) employed by the company during the year was nil (2024: nil)

The shares in group undertakings represents the cost of a 100% shareholding in a subsidiary, D&G Block Management Holdings Limited.

During the period, there was a fixed and floating charge effective 29 October 2021 over all assets held by Meadowbridge 42 Limited in favour of National Westminster Bank plc relating to the bank loan. This was satisfied in full and released on 13 November 2024.

The company has taken advantage of the exemption available in accordance with FRS 102 'Related party disclosures' not to disclose transactions with other group companies.

Included in the other payables, are unsecured loan notes of £nil (2024: £45,201) to a shareholder of the company. Interest is being charged at a rate of 5% per annum, compounded annually. The interest on these unsecured loan notes for the year is £nil (2024: £2,260).

Subsequent to year end, on 7 July 2025, PHM Property Services UK Limited, acquired 100% of the issued share capital of Meadowbridge 42 Limited.

At the year-end, there was no ultimate controlling party.

Subsequent to the year end, on 7 July 2025, PHM Group TopCo Oy became the ultimate parent company.

The ultimate controlling party is now Norvestor VIII SCA SICAV-RAIF.

These financial statements are separate company financial statements for Meadowbridge 42 Limited.

Details of the company's subsidiaries at 31 March 2025 are as follows:

* This is an indirect holding.