Contents of the Financial Statements

for the Period Ended 31 March 2025

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

Directors' report period ended 31 March 2025

The directors present their report with the financial statements of the company for the period ended 31 March 2025

Directors

The director shown below has held office during the whole of the period from
1 April 2024 to 31 March 2025

Jonathan M Evans

The director shown below has held office during the period of
1 April 2024 to 30 September 2024

Matthew T D Gilpin

The director shown below has held office during the period of
1 October 2024 to 31 March 2025

Craig M Waterman

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
2 December 2025

And signed on behalf of the board by:
Name: Craig M Waterman
Status: Director

Profit And Loss Account

for the Period Ended 31 March 2025

	2025	2024
	£	£
Turnover:	6,995	0
Cost of sales:	0	0
Gross profit(or loss):	6,995	0
Administrative expenses:		( 37,009 )
Other operating income:		178,608
Operating profit(or loss):	6,995	141,599
Profit(or loss) before tax:	6,995	141,599
Profit(or loss) for the financial year:	6,995	141,599

Balance sheet

As at 31 March 2025

	Notes	2025	2024
		£	£
Fixed assets
Investments:	3	9,502,902	9,504,757
Total fixed assets:		9,502,902	9,504,757
Current assets
Debtors:	4	2,448	400,422
Cash at bank and in hand:		52,460	54,518
Total current assets:		54,908	454,940
Net current assets (liabilities):		54,908	454,940
Total assets less current liabilities:		9,557,810	9,959,697
Creditors: amounts falling due after more than one year:	5	( 1,205,545 )	( 755,756 )
Total net assets (liabilities):		8,352,265	9,203,941
Capital and reserves
Called up share capital:		1	1
Share premium account:		9,495,102	9,495,102
Profit and loss account:		(1,142,838 )	(291,162 )
Total Shareholders' funds:		8,352,265	9,203,941

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 March 2025

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Notes to the Financial Statements

for the Period Ended 31 March 2025

• 2. Employees

  	2025	2024
  Average number of employees during the period	0	0