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

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

UK Court Lane DC Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 7th Floor Swan House, 17 - 19 Stratford Place, London, W1C 1BQ.

These financial statements have been prepared in accordance with 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 disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

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.

The financial statements of the company have been prepared on the going concern basis as the directors believe that adequate cash resources will be available to cover the company’s requirements for working capital and capital expenditure for at least the next twelve months. The directors are not aware of any other factors which could put into jeopardy the company’s going concern status during or beyond this period.true

The Company is funded by equity provided by its shareholders. The Company pursues the acquisition of a land site in the United Kingdom to be developed into a data center (the “Project”). The Project is divided into the following phases: pre-acquisition and permitting, acquisition and development. The Company’s commitments for each phase are independent. Currently, the Company pursues the pre-acquisition and permitting phase, consequently the Company signed a conditional Sale and Purchase (“SPA”) agreement with the landowner and provided a refundable deposit. The completion of the acquisition is conditioned with securing the appropriate permitting and electricity capacity. At this pre-acquisition phase, the Company is incurring cost for securing the appropriate permitting and electricity capacity. Should the closing on the SPA not occur, the Company will consider other investment opportunities. Subsequent to the balance sheet date, the Company signed a variation on the conditional SPA extending the closing date to December 2025 and making the deposit non-refundable.  The Company is expected to close on the site in December of 2025.

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.

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.

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.

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.

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

The following judgement has the most significant effect on amounts recognised in the financial statements.

The directors have concluded that pre-acquisition project costs meet the definition of an asset under FRS 102 as they are directly attributable to the acquisition of an identifiable property and are expected to provide future economic benefits through completion of the transaction. Accordingly, these costs have been included within other debtors at the year end.

Completion of the acquisition is subject to certain contractual and legal conditions which, as at the date of approval of the financial statements, the directors expect to be satisfied. Should the acquisition not proceed as anticipated, some or all of the related costs may not be recoverable and would be written off in the period in which that outcome becomes known.

Key sources of estimation uncertainty

The recoverability of the pre-acquisition costs included within other debtors is subject to estimation uncertainty. The principal assumption underlying the carrying amount of these assets is that the planned acquisition will complete on the expected terms. In forming this view, the directors have considered the status of legal negotiations, due diligence findings and funding arrangements, and consider it probable that the transaction will complete. However, if completion were not to occur, the company may be required to write off these costs.

Management do not consider there to be any other key sources of estimation uncertainty.

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

Share premium includes any premiums received on issue of share capital. Any transaction costs associated with the issuing of shares are deducted from share premium.

Retained earnings includes all current period retained losses, all of which are distributable reserves.

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006:

The auditor's report was unqualified.

UK Court Lane DC Holding LP is the immediate parent of UK Court Lane DC Ltd . UK Court Lane DC Ltd does not have an ultimate controlling party.