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REGISTERED NUMBER: 05727073 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

HAYBURY LIMITED

| HAYBURY LIMITED (REGISTERED NUMBER: 05727073) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| HAYBURY LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2024

| DIRECTOR: | S J Kerassitis

| SECRETARY: | S J Kerassitis

| REGISTERED OFFICE: | Runway East

| 50 New England Street

| Brighton

| BN1 4AW

| REGISTERED NUMBER: | 05727073 (England and Wales)

| ACCOUNTANTS: | Galloways Accounting Limited

| 15 West Street

| Brighton

| East Sussex

| BN1 2RL

| HAYBURY LIMITED (REGISTERED NUMBER: 05727073) |

BALANCE SHEET

31 DECEMBER 2024

| 2024 | 2023 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 3,203 |  | 10,768 |  |

Investments | 5 | 77,825 |  | 77,825 |  |

81,028 |  | 88,593 |  |

CURRENT ASSETS

Debtors | 6 | 2,148,859 |  | 2,118,802 |  |

Cash at bank and in hand | 27,945 |  | 53,826 |  |

2,176,804 |  | 2,172,628 |  |

CREDITORS

Amounts falling due within one year | 7 | 1,205,567 |  | 1,193,195 |  |

NET CURRENT ASSETS | 971,237 |  | 979,433 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,052,265 |  | 1,068,026 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (20,380 | ) | (122,371 | ) |

PROVISIONS FOR LIABILITIES | (800 | ) | (2,692 | ) |

NET ASSETS | 1,031,085 |  | 942,963 |  |

CAPITAL AND RESERVES

Called up share capital | 10 | 810 |  | 810 |  |

Share premium | 9,910 |  | 9,910 |  |

Capital redemption reserve | 280 |  | 280 |  |

Retained earnings | 1,020,085 |  | 931,963 |  |

SHAREHOLDERS' FUNDS | 1,031,085 |  | 942,963 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

| HAYBURY LIMITED (REGISTERED NUMBER: 05727073) |

BALANCE SHEET - continued

31 DECEMBER 2024

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 19 November 2025 and were signed by:

S J Kerassitis - Director

| HAYBURY LIMITED (REGISTERED NUMBER: 05727073) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1. | STATUTORY INFORMATION

| Haybury Limited 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.

| The presentation currency of the financial statements is the Pound Sterling and amounts are rounded to the nearest Pound.

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.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| 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 |  | 30% straight line |  |

| Computer equipment |  | 30% straight line |  |

| Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

| Investments in subsidiaries

| Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

| A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

| Financial instruments

| Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

| 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.

| HAYBURY LIMITED (REGISTERED NUMBER: 05727073) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

2. | ACCOUNTING POLICIES - continued

| 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.

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 22 (2023 - 24 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| and |  | Computer |

| fittings |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 January 2024 | 147,125 |  | 78,461 |  | 225,586 |  |

| Disposals | (916 | ) | (1,915 | ) | (2,831 | ) |

| At 31 December 2024 | 146,209 |  | 76,546 |  | 222,755 |  |

| DEPRECIATION

| At 1 January 2024 | 145,961 |  | 68,857 |  | 214,818 |  |

| Charge for year | 740 |  | 6,687 |  | 7,427 |  |

| Eliminated on disposal | (778 | ) | (1,915 | ) | (2,693 | ) |

| At 31 December 2024 | 145,923 |  | 73,629 |  | 219,552 |  |

| NET BOOK VALUE

| At 31 December 2024 | 286 |  | 2,917 |  | 3,203 |  |

| At 31 December 2023 | 1,164 |  | 9,604 |  | 10,768 |  |

| HAYBURY LIMITED (REGISTERED NUMBER: 05727073) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

5. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertakings

£ |

| COST

| At 1 January 2024

| and 31 December 2024 | 77,825 |  |

| NET BOOK VALUE

| At 31 December 2024 | 77,825 |  |

| At 31 December 2023 | 77,825 |  |

| Details of the company's subsidiaries at 31 December 2024 are as follows:

| Name of |  | Registered |  | Nature of |  | Class of |  | % Held |

| undertaking |  | office |  | business |  | shares held |  | Direct |  | Indirect |

| Greensearch Global Ltd |  | Runway East, 50 New England Street, Brighton, BN1 4AW |  | Dormant |  | Ordinary |  | 100 |  | - |

| Haybury AG |  | Teichgässlein 9, CH-4058 Basel, Switzerland |  | Recruitment consultancy |  | Ordinary |  | 100 |  | - |

| Haybury GmbH |  | Rheinstrabe 11, 14513, Teltow, Germany |  | Recruitment consultancy |  | Ordinary |  | 100 |  | - |

| Haybury Search SL |  | Avenida Diagonal 131, Barcelona, 08018, Spain |  | Recruitment consultancy |  | Ordinary |  | 100 |  | - |

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

2024 | 2023 |

£ | £ |

| Trade debtors | 618,146 |  | 714,061 |  |

| Amounts owed by group undertakings | 1,402,914 |  | 1,252,436 |  |

| Amounts owed by associates | 2,375 |  | 2,375 |  |

| Other debtors | 125,424 |  | 149,930 |  |

2,148,859 |  | 2,118,802 |  |

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

2024 | 2023 |

£ | £ |

| Bank loans and overdrafts | 403,797 |  | 328,703 |  |

| Trade creditors | 145,255 |  | 111,449 |  |

| Amounts owed to group undertakings | 240,722 |  | 2,375 |  |

| Taxation and social security | 115,620 |  | 172,038 |  |

| Other creditors | 300,173 |  | 578,630 |  |

1,205,567 |  | 1,193,195 |  |

| HAYBURY LIMITED (REGISTERED NUMBER: 05727073) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR - continued

| Bank overdrafts of £281,575 (2023: £186,259) are secured by inter-company debentures and a limited directors' personal guarantee.

| Further details on the bank loans can be found in note 9.

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

2024 | 2023 |

£ | £ |

| Bank loans | 20,380 |  | 122,371 |  |

| The loan is repayable by February 2026 and interest is charged at 4.75% above base rate per annum.

9. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

2024 | 2023 |

£ | £ |

| Within one year | 9,612 |  | - |  |

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2024 | 2023 |

| value: | £ | £ |

| 720 | A Ordinary shares | £1 | 720 |  | 720 |  |

| 90 | B Ordinary shares | £1 | 90 |  | 90 |  |

810 |  | 810 |  |

11. | PARENT COMPANY

| The ultimate controlling party is KPP Ventures Limited, a company incorporated in England, with registered office Runway East, 50 New England Street, Brighton, BN1 4AW.