Company No: 12153279 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Emma Flackett
	Lucy Winkworth

SECRETARY

Breams Secretaries Limited

REGISTERED OFFICE	Floor 8 71 Queen Victoria Street
	London
	EC4V 4AY
	United Kingdom

COMPANY NUMBER

12153279 (England and Wales)

	Note	2025		2024
		£		£
Fixed assets
Investments	3	6,258,898		5,398,097
		6,258,898		5,398,097
Current assets
Cash at bank and in hand		416,908		91,056
		416,908		91,056
Creditors: amounts falling due within one year	4	( 9,200)		( 5,940)
Net current assets		407,708		85,116
Total assets less current liabilities		6,666,606		5,483,213
Provision for liabilities	5	( 360,050)		( 99,493)
Net assets		6,306,556		5,383,720
Capital and reserves
Called-up share capital		5,500,100		5,000,100
Other reserves		2,366		( 497 )
Profit and loss account		804,090		384,117
Total shareholders' funds		6,306,556		5,383,720

For the financial year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Shining Point Limited (registered number: 12153279) were approved and authorised for issue by the Board of Directors on 25 November 2025. They were signed on its behalf by:

Lucy Winkworth Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

The company is a private company limited by share capital incorporated in England and Wales.

The address of its registered office is:
Floor 8
71 Queen Victoria Street
London
England
EC4V 4AY

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

The financial statements have been prepared under the historical cost convention except for investments which are recorded at fair value.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise.

Taxation

Current tax
The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax
Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Fixed asset investments

Investments which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit and loss. Valuations are calculated using bid prices except for funds that are priced on a Net Asset Value basis and structured products. Structured products are priced on a mark to market basis.

Dividends on equity securities are recognised in income when the right to receive payment is established. Interest receivable from listed fixed interest securities is recognised in the period to which it relates.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Provisions

Provisions are recognised when the company has a present obligation (legal or constructive) as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

Ordinary share capital

Ordinary shares classified as equity.

2. Employees

	2025		2024
	Number		Number
Average number of persons employed by the company	0		0

3. Fixed asset investments

	Listed investments		Total
	£		£
Cost or valuation before impairment
At 01 October 2024	5,398,097		5,398,097
Additions	1,945,327		1,945,327
Disposals	( 1,674,567)		( 1,674,567)
Movement in fair value	590,041		590,041
At 30 September 2025	6,258,898		6,258,898
Carrying value at 30 September 2025	6,258,898		6,258,898
Carrying value at 30 September 2024	5,398,097		5,398,097

4. Creditors: amounts falling due within one year

	2025		2024
	£		£
Shareholder loans	3,000		0
Other creditors	6,200		5,940
	9,200		5,940

Shareholder loans are interest free and repayable on demand.

5. Deferred tax

	2025		2024
	£		£
At the beginning of financial year	( 99,493)		0
Charged to the Profit and Loss Account	( 260,557)		( 99,493)
At the end of financial year	( 360,050)		( 99,493)