BrightAccountsProduction v1.0.0 v1.0.0 2023-12-01 The company was not dormant during the period The company was trading for the entire period The principal activity is that of an investment company and cyber security awareness consultant. 19 November 2025 1 1 NI684009 2024-11-30 NI684009 2023-11-30 NI684009 2022-11-30 NI684009 2023-12-01 2024-11-30 NI684009 2022-12-01 2023-11-30 NI684009 uk-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 NI684009 uk-curr:PoundSterling 2023-12-01 2024-11-30 NI684009 uk-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 NI684009 uk-bus:FullAccounts 2023-12-01 2024-11-30 NI684009 uk-bus:Director1 2023-12-01 2024-11-30 NI684009 uk-bus:Director2 2023-12-01 2024-11-30 NI684009 uk-bus:RegisteredOffice 2023-12-01 2024-11-30 NI684009 uk-bus:Agent1 2023-12-01 2024-11-30 NI684009 uk-bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 NI684009 uk-core:ShareCapital 2024-11-30 NI684009 uk-core:ShareCapital 2023-11-30 NI684009 uk-core:RetainedEarningsAccumulatedLosses 2024-11-30 NI684009 uk-core:RetainedEarningsAccumulatedLosses 2023-11-30 NI684009 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-11-30 NI684009 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-11-30 NI684009 uk-bus:FRS102 2023-12-01 2024-11-30 NI684009 uk-core:FurnitureFittingsToolsEquipment 2023-12-01 2024-11-30 NI684009 uk-core:CostValuation 2023-11-30 NI684009 uk-core:AdditionsToInvestments 2023-11-30 NI684009 uk-core:AdditionsToInvestments 2024-11-30 NI684009 uk-core:DisposalsRepaymentsInvestments 2024-11-30 NI684009 uk-core:RevaluationsIncreaseDecreaseInInvestments 2024-11-30 NI684009 uk-core:CostValuation 2024-11-30 NI684009 uk-core:CurrentFinancialInstruments 2024-11-30 NI684009 uk-core:CurrentFinancialInstruments 2023-11-30 NI684009 uk-core:WithinOneYear 2024-11-30 NI684009 uk-core:WithinOneYear 2023-11-30 NI684009 uk-core:WithinOneYear 2024-11-30 NI684009 uk-core:WithinOneYear 2023-11-30 NI684009 2023-12-01 2024-11-30 xbrli:pure iso4217:GBP xbrli:shares

Company Registration Number: NI684009

Baronscourt Europe Limited

Unaudited Financial Statements

for the financial year ended 30 November 2024

Baronscourt Europe Limited

DIRECTORS AND OTHER INFORMATION

Directors | Robert O‘Brien
| Mr Gary O'Brien (Appointed 24 January 2025)
Company Registration Number | NI684009
Registered Office and Business Address | 2 The Fairways
| Victoria Road
| Derry
| BT47 2FE
Accountants | Quarter
| Chartered Accountants
| St.Annes House
| Cathedral Quarter
| 15 Church Street
| Belfast
| Co Antrim
| BT1 1PG
Bankers | Ulster Bank
| 29 Clooney Terrace
| Waterside
| Derry
| BT47 6AW
| Northern Ireland

Baronscourt Europe Limited

CHARTERED ACCOUNTANTS REPORT

to the Board of Directors on the Compilation of the unaudited financial statements of Baronscourt Europe Limited

for the financial year ended 30 November 2024

In accordance with the engagement letter and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled for your approval the financial statements of the company for the financial year ended 30 November 2024 as set out on pages to 11 which comprise the Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given to us.

This report is made solely to the Board of Directors of Baronscourt Europe Limited , as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company’s Board of Directors that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and its Board of Directors, as a body, for our work or for this report.

We have carried out this engagement in accordance with guidance issued by Chartered Accountants Ireland and have complied with the relevant ethical guidance laid down by Chartered Accountants Ireland relating to members undertaking the compilation of financial statements.

You have acknowledged on the Statement of Financial Position for the year ended 30 November 2024 your duty to ensure that Baronscourt Europe 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 Baronscourt Europe Limited . You consider that Baronscourt Europe Limited is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the financial statements of Baronscourt Europe Limited . For this reason, we have not verified the adequacy, 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.

__________________________________

QUARTER

Chartered Accountants

St.Annes House

Cathedral Quarter

15 Church Street

Belfast

Co Antrim

BT1 1PG

19 November 2025

Baronscourt Europe Limited

Company Registration Number: NI684009

STATEMENT OF FINANCIAL POSITION

as at 30 November 2024

|  |  | 2024 |  | 2023
|  | Notes | £ |  | £
Non-Current Assets

Property, plant and equipment |  | 4 | 31,465 |  | 2,695
Financial assets |  | 5 | 3,020,941 |  | 2,927,546
|  |  | ───────── |  | ─────────
Non-Current Assets |  |  | 3,052,406 |  | 2,930,241
|  |  | ───────── |  | ─────────
Current Assets

Receivables |  | 6 | 22,423 |  | 15,975
Cash and cash equivalents |  |  | 449,646 |  | 503,749
|  |  | ───────── |  | ─────────
|  |  | 472,069 |  | 519,724
|  |  | ───────── |  | ─────────
Payables: amounts falling due within one year |  | 7 | (3,343,039) |  | (3,490,002)
|  |  | ───────── |  | ─────────
Net Current Liabilities |  |  | (2,870,970) |  | (2,970,278)
|  |  | ───────── |  | ─────────
Total Assets less Current Liabilities |  |  | 181,436 |  | (40,037)
|  |  | ═════════ |  | ═════════
Equity

Called up share capital |  |  | 100 |  | 100
Retained earnings |  |  | 181,336 |  | (40,137)
|  |  | ───────── |  | ─────────
Equity attributable to owners of the company |  |  | 181,436 |  | (40,037)
|  |  | ═════════ |  | ═════════
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

The company has taken advantage of the exemption under section 444 not to file the Income Statement and Directors' Report.

For the financial year ended 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Board and authorised for issue on 19 November 2025 and signed on its behalf by

________________________________ |  |  |  |  |
Robert O‘Brien |  |  |  |  |
Director |  |  |  |  |

Baronscourt Europe Limited

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 30 November 2024

1. | General Information
| Baronscourt Europe Limited is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI684009. The registered office of the company is 2 The Fairways, Victoria Road, Derry, BT47 2FE which is also the principal place of business of the company. The principal activity is that of an investment company and cyber security awareness consultant. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

2. | Summary of Significant Accounting Policies
| The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
| Statement of compliance
| The financial statements of the company for the financial year ended 30 November 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
| Basis of preparation
| The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
| Property, plant and equipment and depreciation
| Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows:
|  | Fixtures, fittings and equipment | - | 25% Reducing Balance
| The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
| Financial assets
| Investments held as fixed assets are stated at cost less provision for any permanent diminution in value. Income from other investments together with any related tax credit is recognised in the Income Statement in the financial year in which it is receivable.
| Trade and other receivables
| Trade and other receivables are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
| Borrowing costs
| Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
| Trade and other payables
| Trade and other payables 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.
| Taxation and deferred taxation
| Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.
| Foreign currencies
| Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Statement of Financial Position date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Income Statement.
| Ordinary share capital
| The ordinary share capital of the company is presented as equity.

3. | Employees
| The average monthly number of employees, including directors, during the financial year was 1.
|  | 2024 | 2023
|  | Number | Number
| Director | 1 | 1
|  | ═════════ | ═════════

4. | Property, plant and equipment
|  | Fixtures, | Total
|  | fittings and |
|  | equipment |
|  | £ | £
| Cost
| At 1 December 2023 | 4,791 | 4,791
| Additions | 32,120 | 32,120
|  | ───────── | ─────────
| At 30 November 2024 | 36,911 | 36,911
|  | ───────── | ─────────
| Depreciation
| At 1 December 2023 | 2,096 | 2,096
| Charge for the financial year | 3,350 | 3,350
|  | ───────── | ─────────
| At 30 November 2024 | 5,446 | 5,446
|  | ───────── | ─────────
| Carrying amount
| At 30 November 2024 | 31,465 | 31,465
|  | ═════════ | ═════════
| At 30 November 2023 | 2,695 | 2,695
|  | ═════════ | ═════════

5. | Financial fixed assets
|  | Other | Total
|  | investments |
| Investments | £ | £
| Cost or Valuation
| At 1 December 2023 | 2,927,546 | 2,927,546
| Additions | 242,690 | 242,690
| Disposals | (291,213) | (291,213)
| Revaluations | 141,918 | 141,918
|  | ───────── | ─────────
| At 30 November 2024 | 3,020,941 | 3,020,941
|  | ───────── | ─────────
| Carrying amount
| At 30 November 2024 | 3,020,941 | 3,020,941
|  | ═════════ | ═════════
| At 30 November 2023 | 2,927,546 | 2,927,546
|  | ═════════ | ═════════

6. | Receivables | 2024 | 2023
|  | £ | £
| Other debtors | 22,423 | 15,975
|  | ═════════ | ═════════

7. | Payables | 2024 | 2023
| Amounts falling due within one year | £ | £
| Bank overdrafts | 202,465 | -
| Taxation (Note 8) | 18,510 | 7,252
| Directors' current accounts | 3,119,314 | 3,480,000
| Accruals | 2,750 | 2,750
|  | ───────── | ─────────
|  | 3,343,039 | 3,490,002
|  | ═════════ | ═════════

8. | Taxation | 2024 | 2023
|  | £ | £
| Payables:
| Corporation tax | 18,510 | 7,252
|  | ═════════ | ═════════

9. | Details of creditors
| Security given in respect of creditors
| Charge Code NI68 4009 0002 Baronscourt Europe Limited granted a charge on 12th October 2024 to Brown Shipley & Co Limited for any securities from time to time to any recipient named in any schedule supplied by or on behalf of the mortgagor to the bank by reference to the deed, or in respect of which title or relative account entries are held in the the name of or to the order of the bank or its nominee, or in respect of which the relative certificates or other title documents are deposited with or held to the order of the bank or its nominee. Contains negative pledge.

10. | Capital commitments
| The company had no material capital commitments at the financial year-ended 30 November 2024.

11. | Events After the End of the Reporting Period
| There have been no significant events affecting the company since the financial year-end.