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REGISTERED NUMBER: 06756436 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2024

for

Momentum Save Ltd

Momentum Save Ltd (Registered number: 06756436)

Contents of the Financial Statements

for the Year Ended 30 June 2024

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

Momentum Save Ltd

Company Information

for the Year Ended 30 June 2024

| DIRECTOR: | Ms A E Dickinson

| REGISTERED OFFICE: | 120 New Road, Ascot,

| England

| SL5 8QH

| REGISTERED NUMBER: | 06756436 (England and Wales)

| ACCOUNTANTS: | Branston Adams

| Suite 2, Victoria House

| South Street

| Farnham

| Surrey

| GU9 7QU

Momentum Save Ltd (Registered number: 06756436)

Balance Sheet

30 June 2024

| 30.6.24 | 30.6.23 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | - |  | - |  |

Investments | 5 | 94,100 |  | - |  |

Investment property | 6 | 484,000 |  | 504,834 |  |

578,100 |  | 504,834 |  |

CURRENT ASSETS

Debtors | 7 | 40,874 |  | 466,766 |  |

Cash at bank | - |  | 200,000 |  |

40,874 |  | 666,766 |  |

CREDITORS

Amounts falling due within one year | 8 | 230,637 |  | 365,062 |  |

NET CURRENT (LIABILITIES)/ASSETS | (189,763 | ) | 301,704 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 388,337 |  | 806,538 |  |

CREDITORS

Amounts falling due after more than one year | 9 | 614,971 |  | 430,360 |  |

NET (LIABILITIES)/ASSETS | (226,634 | ) | 376,178 |  |

CAPITAL AND RESERVES

Called up share capital | 210,000 |  | 435,000 |  |

Revaluation reserve | 10 | 71,124 |  | 134,658 |  |

Retained earnings | (507,758 | ) | (193,480 | ) |

SHAREHOLDERS' FUNDS | (226,634 | ) | 376,178 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 October 2025 and were signed by:

Ms A E Dickinson - Director

Momentum Save Ltd (Registered number: 06756436)

Notes to the Financial Statements

for the Year Ended 30 June 2024

1. | STATUTORY INFORMATION

| Momentum Save Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

| The accounts have been prepared on a going concern basis as the Shareholders and Directors have committed to support the company for the foreseeable future.

| Turnover

| Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Fixtures and fittings | - | 33% on cost

| Motor vehicles | - | 25% on reducing balance

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost.

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Momentum Save Ltd (Registered number: 06756436)

Notes to the Financial Statements - continued

for the Year Ended 30 June 2024

2. | ACCOUNTING POLICIES - continued

| Exceptional items

| During the financial year, the company experienced an exceptional event due to the unfortunate passing of the director responsible for finances and bookkeeping. This individual had overseen the company's financial operations since its incorporation. As a result of their passing mid-financial year, a comprehensive review of the company’s financial records and balances was undertaken as part of the year-end closing process.The follow on effect of such event has also hindered the production of this years accounts due to further errors being discovered not only within this company but also within companies under common control where funds are either due to/from Momentum Save Ltd.

| Upon completion of this review, it was discovered that certain balance sheet accounts contained inaccuracies, with balances that did not accurately reflect the company's financial position. These inconsistencies necessitated a thorough reconciliation process, whereby all financial records were re-examined against factual supporting documentation. The objective of this exercise was to ensure that the balances carried forward and presented in these financial statements provide a true and fair view of the company’s financial position as at the year-end date. The issued

| To rectify these inaccuracies, adjusting entries were made to correctly reflect the actual financial standing of the company. The net impact of these corrective entries amounted to £225,000, which has been recognised as an exceptional item in the profit and loss account. Given the nature of this adjustment and the extraordinary circumstances surrounding it, the director has classified this item separately to provide transparency to the users of these financial statements.

| The director, in consultation with professional advisors, has determined that recognising this amount as an exceptional item is the most appropriate way to address the financial misstatements and to enable the company to move forward with a clean and accurate set of financial statements. This classification aligns with the requirements of Financial Reporting Standard (FRS) 102 Section 1A, which mandates that financial statements must present a true and fair view of a company’s financial position, performance, and cash flows.

| For taxation purposes, this exceptional item has been disallowed for corporation tax calculations, as the adjustment does not relate to the company’s normal trading activities but rather to corrective accounting measures taken due to prior-year misstatements. The company has made the necessary disclosures to ensure compliance with UK tax laws and regulations, and these adjustments have been reflected accordingly in the tax computations.

| The Director confirms that, following the completion of a detailed reconciliation process, the financial statements have been prepared to reflect the company's financial position as accurately as possible, based on the information available at the reporting date.

| In preparing these financial statements, the Director has obtained professional advice on several key matters, including legal and financial issues, in order to ensure that the statements comply with applicable accounting standards and reflect the company’s position in a fair and transparent manner. This step was deemed necessary in light of ongoing legal proceedings and investigative activities, and was undertaken to fulfil the Director’s fiduciary and statutory duties.

| The Director and shareholders have confirmed their continued financial support of the company for the foreseeable future, or until such time as revenue consistently exceeds operating costs. On this basis, the Director considers it appropriate to prepare the financial statements on a going concern basis.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2023 - 2 ) .

Momentum Save Ltd (Registered number: 06756436)

Notes to the Financial Statements - continued

for the Year Ended 30 June 2024

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| and |  | Motor |

| fittings |  | vehicles |  | Totals

£ | £ | £ |

| COST

| At 1 July 2023

| and 30 June 2024 | 5,500 |  | 15,000 |  | 20,500 |  |

| DEPRECIATION

| At 1 July 2023

| and 30 June 2024 | 5,500 |  | 15,000 |  | 20,500 |  |

| NET BOOK VALUE

| At 30 June 2024 | - |  | - |  | - |  |

| At 30 June 2023 | - |  | - |  | - |  |

5. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertakings

£ |

| COST

| Additions | 94,100 |  |

| At 30 June 2024 | 94,100 |  |

| NET BOOK VALUE

| At 30 June 2024 | 94,100 |  |

6. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 July 2023 | 504,834 |  |

| Revaluations | (20,834 | ) |

| At 30 June 2024 | 484,000 |  |

| NET BOOK VALUE

| At 30 June 2024 | 484,000 |  |

| At 30 June 2023 | 504,834 |  |

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 30.6.24 |  | 30.6.23

£ | £ |

| Amounts owed by group undertakings | - |  | 24,361 |  |

| Other debtors | 40,874 |  | 72,998 |  |

| S455 | - |  | 89,732 |  |

| Directors' current accounts | - |  | 265,875 |  |

| Prepayments and accrued income | - |  | 13,800 |  |

40,874 |  | 466,766 |  |

Momentum Save Ltd (Registered number: 06756436)

Notes to the Financial Statements - continued

for the Year Ended 30 June 2024

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 30.6.24 |  | 30.6.23

£ | £ |

| Bank loans and overdrafts | 44,103 |  | 98,563 |  |

| Amounts owed to group undertakings | 12,231 |  | - |  |

| Tax | 22,669 |  | 103,937 |  |

| D A Transport Ltd - Prop funds | 149,834 |  | 159,298 |  |

| Accrued expenses | 1,800 |  | 3,264 |  |

230,637 |  | 365,062 |  |

9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 30.6.24 |  | 30.6.23

£ | £ |

| Bank loans - 1-2 years | 43,145 |  | 18,600 |  |

| Bank loans - 2-5 years | 208,510 |  | 48,784 |  |

| Bank loans more 5 yr by instal | 138,316 |  | 362,976 |  |

| Other creditors | 225,000 |  | - |  |

614,971 |  | 430,360 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 138,316 |  | 362,976 |  |

10. | RESERVES

| Revaluation

| reserve

£ |

| At 1 July 2023 | 134,658 |  |

| Change in year | (63,534 | ) |

| At 30 June 2024 | 71,124 |  |

11. | RELATED PARTY DISCLOSURES

| At 30 June 2024 the company owed £12,231 to Dickinson Consulting Ltd, the parent company.

| At 30 June 2024 the company owed £149,834 to D A Transport Ltd, a company under common control.

12. | ULTIMATE PARENT COMPANY

| The controlling party is Dickinson Consulting Ltd.