Company No: 10942830 (England and Wales)

Contents

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

Director

Thibaut Jean Laurent De Cours De St Gervasy

Registered office	101a Adelaide Grove
	London
	W12 0JX
	United Kingdom

Company number

10942830 (England and Wales)

Accountant	Kreston Reeves LLP
	2nd Floor, Maritime Place
	Quayside
	Chatham Maritime
	Chatham
	Kent
	ME4 4QZ

	Note	31.12.2024		30.09.2023
		£		£
Fixed assets
Investments	3	1		1
		1		1
Current assets
Debtors	4	100		100
Cash at bank and in hand		2,818		0
		2,918		100
Creditors: amounts falling due within one year	5	( 87,291)		( 1)
Net current (liabilities)/assets		(84,373)		99
Total assets less current liabilities		(84,372)		100
Net (liabilities)/assets		( 84,372)		100
Capital and reserves
Called-up share capital	6	100		100
Profit and loss account		( 84,472 )		0
Total shareholder's (deficit)/funds		( 84,372)		100

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

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
• The director acknowledges 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements of GERVASY LTD (registered number: 10942830) were approved and authorised for issue by the Director on 25 September 2025. They were signed on its behalf by:

Thibaut Jean Laurent De Cours De St Gervasy Director

1. Accounting policies

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

General information and basis of accounting

GERVASY LTD (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 101a Adelaide Grove, London, W12 0JX, 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 pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Reporting period length

During the period, the company changed its accounting reference date from 30 September to 31 December. As a result, the current financial statements cover a period of 15 from 1 October 2023 to 31 December 2024, whereas the comparative period covered 12 months from 1 October 2022 to 30 September 2023.

Comparative figures have not been restated and are therefore not entirely comparable. Where necessary, additional information has been provided to aid comparability.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

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.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Investments
Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through the Statement of Income and Retained Earnings. Where fair value cannot be measured reliably, investments are measured at cost less impairment.

2. Employees

	Period from 01.10.2023 to 31.12.2024		Year ended 30.09.2023
	Number		Number
Monthly average number of persons employed by the Company during the period, including the director	1		1

3. Fixed asset investments

Investments in subsidiaries

	31.12.2024
	£
Cost
At 01 October 2023	1
At 31 December 2024	1
Carrying value at 31 December 2024	1
Carrying value at 30 September 2023	1

4. Debtors

	31.12.2024		30.09.2023
	£		£
Other debtors	100		100

5. Creditors: amounts falling due within one year

	31.12.2024		30.09.2023
	£		£
Amounts owed to Group undertakings	78,143		1
Other creditors	9,148		0
	87,291		1

6. Called-up share capital

	31.12.2024		30.09.2023
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100