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

Eoin Hyde
S Abele
M W Trondle

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
26 September 2025

And signed on behalf of the board by:
Name: Eoin Hyde
Status: Director

Profit And Loss Account

for the Period Ended 31 December 2024

	2024	7 months to 31 December 2023
	£	£
Turnover:	319,313	588,326
Cost of sales:	( 62,433 )	( 51,682 )
Gross profit(or loss):	256,880	536,644
Distribution costs:	0	0
Administrative expenses:	( 664,402 )	( 764,721 )
Other operating income:	6,733,520	0
Operating profit(or loss):	6,325,998	(228,077)
Interest receivable and similar income:	0	0
Interest payable and similar charges:	( 55,241 )	0
Profit(or loss) before tax:	6,270,757	(228,077)
Tax:	( 1,567,790 )	11,870
Profit(or loss) for the financial year:	4,702,967	(216,207)

Balance sheet

As at 31 December 2024

	Notes	2024	7 months to 31 December 2023
		£	£
Fixed assets
Intangible assets:	3	167	167
Tangible assets:	4	18,544	11,896
Investments:		0	0
Total fixed assets:		18,711	12,063
Current assets
Stocks:		0	0
Debtors:	5	6,166,313	138,662
Cash at bank and in hand:		175,018	838,903
Investments:		0	0
Total current assets:		6,341,331	977,565
Prepayments and accrued income:		0	0
Creditors: amounts falling due within one year:	6	( 1,749,559 )	( 222,518 )
Net current assets (liabilities):		4,591,772	755,047
Total assets less current liabilities:		4,610,483	767,110
Creditors: amounts falling due after more than one year:	7	0	( 859,594 )
Provision for liabilities:		0	0
Accruals and deferred income:		0	0
Total net assets (liabilities):		4,610,483	(92,484)
Capital and reserves
Called up share capital:		129	129
Share premium account:		21,261	21,261
Other reserves:		0	0
Profit and loss account:		4,589,093	(113,874 )
Total Shareholders' funds:		4,610,483	(92,484)

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

  Turnover policy

  Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

  Tangible fixed assets depreciation policy

  Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method. Depreciation is provided on the following basis: Plant and machinery - 25% straight line method Fixtures and fittings - 20% straight line method The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

  Intangible fixed assets amortisation policy

  Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

  Other accounting policies

  Please refer to PDF report.

Notes to the Financial Statements

for the Period Ended 31 December 2024

• 2. Employees

  	2024	7 months to 31 December 2023
  Average number of employees during the period	4	4