REGISTERED NUMBER: 12207567 (England and Wales)

STRATEGIC REPORT, REPORT OF THE DIRECTOR AND

FINANCIAL STATEMENTS FOR THE PERIOD 1 JANUARY 2024 TO 29 DECEMBER 2024

FOR

WPC 8 LIMITED

Page

Company Information

1

Strategic Report

2

Report of the Director

4

Report of the Independent Auditors

6

Income Statement

9

Balance Sheet

10

Statement of Changes in Equity

11

Notes to the Financial Statements

12

DIRECTOR:

J D Weight

REGISTERED OFFICE:

C/O Oasys Accountants

850 Green Lanes

London

N21 2RS

REGISTERED NUMBER:

12207567 (England and Wales)

AUDITORS:

Burnside

Chartered Accountants

and Statutory Auditor

61 Queen Square

Bristol

BS1 4JZ

This is the period of account for WPC8 Limited trading as Rileys Sports Bars, the "Company", with the results contained within covering the period from 1 January 2024 to 29 December 2024.

Rileys is a Sports Bar business offering American and English pool and darts, alongside showing all major sporting events in contemporary surroundings.

REVIEW OF BUSINESS

The focus of the Board and Management in the current financial year was to:

i.

Continue to build on the previous year's progress of investing and modernising our facilities and improving customer and employee feedback;

ii.

Continue to refine our customer loyalty program to drive greater repeat visits and allow the Company to reengineer the discounts on offer;

iii.

Improve profitability by focusing both on sales (like for likes sales are up 6%) together with good cost control measures and labour scheduling whilst still offering standards of service expected in hospitality in 2024; and

iv.

Modernise the Company's reporting structure and introduce tools such as Microsoft BI in order to automate reporting enabling better controls and analysis of trends in the business to enable more focused marketing campaigns.

A total of 6 sites were trading at the end of the financial year.

Throughout the financial year management have continued to invest in maintenance and capital expenditure across all facets of the clubs. A further £41k (2023: £151k) was invested at our Solihull club modernising the club. Snooker and pool tables continue to be kept in good condition by refurbishing to a planned schedule. We maintain health & safety compliance monitoring, which is reviewed at our monthly Board meetings.

Underlying trading EBITDAM (earnings before interest, taxation, depreciation, amortisation and maintenance expenditure) was £193k (2023: £109k). The increase reflects the impact of several successful strategic initiatives, including improvements in customer service, reengineering of pricing and discounts, and continued capital investment in the fabric of the Company’s sites.

The statutory loss before taxation of £(61)k includes investor management fees of £(9)k, exceptional items of £(23)k, depreciation and amortisation of retained business assets of £(154)k, and group interest payable of £(4)k.

PRINCIPAL RISKS AND UNCERTAINTIES

A risk posed to the Company is that of failing to meet its sales targets. Risk factors that will affect that include the amount of choice within the competitive socialising industry, state of the general economy and consumer confidence, particularly if adversely impacted by a downturn driven by the cost of living crisis. Although there may be leisure outlets that do not survive the downturn, those that do will have to work harder in the coming years to maintain their share of customers' disposable income.

Furthermore, failure to invest further in the fabric of the Company's clubs to provide a more agreeable environment, particularly for female customers, would likely impede the required sales growth. An associated risk is that of not achieving adequate financial returns from such refurbishment.

The Company is exposed to UK regulatory changes, principally those relating to health and safety, gaming and licenses.

NON-STATUTORY SITE ANALYSIS

Total for the period ended:

29/12/2024

31/12/2023

£'000

£'000

Turnover

3,252

2,987

Gross profit

2,539

2,329

Other operating income

-

-

Adjusted administrative expenses

(2,346

)

(2,220

)

Operating EBITDAM

193

109

Repairs and maintenance

(64

)

(49

)

Operating EBITDA

129

60

Investor management fees

(9

)

(8

)

Non-recurring costs

(23

)

(41

)

Depreciation and amortisation

(154

)

(104

)

Interest payable and similar charges

(4

)

(4

)

Loss on ordinary activities before taxation

(61

)

(97

)

KEY PERFORMANCE INDICATORS

The primary KPI for the business is like-for-like sales growth vs the prior year. For the 6 sites open all year, this was 14.1%. The outperformance to 2023 owed to the continued strong and loyal underlying customer base, better and more proactive management of clubs sales plans and the success of pricing changes including the removal of universal discounts.

STRATEGY

The strategy for the business remains to drive profitability growth through the following initiatives:

-

Improvement to the fabric of the Company's sites through continued maintenance and more refurbishment of sites as required;

-

Improvements in customer service through better staff training and gathering more customer feedback;

-

Further tailoring of the customer loyalty program to drive greater repeat visits and allow the Company to reengineer the discounts on offer;

-

Improvement in systems to drive efficiencies as well as better and more timely management information; and

-

Improvements in the development, retention, and recruitment of staff, particularly the vital club manager cadre.

ON BEHALF OF THE BOARD:

J D Weight - Director

9 December 2025

The director presents his report with the financial statements of the company for the period 1 January 2024 to 29 December 2024.

The accounting reference date of the company is 31 December but the financial statements have been drawn up to a Sunday within seven days of this date, which is 29 December 2024.

PRINCIPAL ACTIVITY

The principal activity of the company in the period under review was that of the running of sports bars, with a strong focus on pool, snooker and darts, alongside showing the best sports on TV in the best environment.

DIVIDENDS

No dividends will be distributed for the period ended 29 December 2024.

DIRECTOR

J D Weight held office during the whole of the period from 1 January 2024 to the date of this report.

STATEMENT OF DIRECTOR'S RESPONSIBILITIES

The director is responsible for preparing the Strategic Report, the Report of the Director and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the director is aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and he has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

ON BEHALF OF THE BOARD:

J D Weight - Director

9 December 2025

Opinion

We have audited the financial statements of WPC 8 Limited (the 'company') for the period ended 29 December 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

-	give a true and fair view of the state of the company's affairs as at 29 December 2024 and of its loss for the period then ended;

-	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

-	have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the director with respect to going concern are described in the relevant sections of this report.

Other information

The director is responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Director, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

-	the information given in the Strategic Report and the Report of the Director for the financial year for which the financial statements are prepared is consistent with the financial statements; and

-	the Strategic Report and the Report of the Director have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the Director.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

-	adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

-	the financial statements are not in agreement with the accounting records and returns; or

-	certain disclosures of director's remuneration specified by law are not made; or

-	we have not received all the information and explanations we require for our audit; or

-	the director was not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemption from the requirement to prepare a Strategic Report.

Responsibilities of director

As explained more fully in the Statement of Director's Responsibilities set out on page four, the director is responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the director determines necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the director is responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the director either intends to liquidate the company or to cease operations, or has no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

An understanding of the legal and regulatory framework applicable to the entity was obtained from management and those charged with governance of the entity, and the audit engagement team was confirmed to have the appropriate competence and capabilities to identify non-compliance with such a framework.

No significant instances of fraud, non-compliance with laws and regulations or other irregularities were communicated to the engagement team by management or those charged with governance, and no particular audit areas or legislation were identified that gave rise to any significant risks of material misstatement in respect of such irregularities.

Due to the size and nature of the entity its susceptibility to material misstatement resulting from fraud, non-compliance with laws and regulations, or other irregularities is considered to be low, and the audit approach was appropriately planned so as to address this risk.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors 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 the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Steven Coombe FCA (Senior Statutory Auditor)

for and on behalf of Burnside

Chartered Accountants

and Statutory Auditor

61 Queen Square

Bristol

BS1 4JZ

9 December 2025

TURNOVER

3,251,803

2,987,028

Cost of sales

713,101

658,367

GROSS PROFIT

2,538,702

2,328,661

Administrative expenses

2,595,830

2,422,076

OPERATING LOSS

4

(57,128

)

(93,415

)

Interest payable and similar expenses

3,770

3,865

LOSS BEFORE TAXATION

(60,898

)

(97,280

)

Tax on loss

6

-

-

LOSS FOR THE FINANCIAL PERIOD

(60,898

)

(97,280

)

FIXED ASSETS

Intangible assets

7

(45,770

)

(53,730

)

Tangible assets

8

462,294

585,137

416,524

531,407

CURRENT ASSETS

Stocks

9

39,208

35,730

Debtors

10

360,365

295,088

Cash at bank and in hand

307,486

173,147

707,059

503,965

CREDITORS

Amounts falling due within one year

11

1,278,837

1,101,710

NET CURRENT LIABILITIES

(571,778

)

(597,745

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(155,254

)

(66,338

)

CREDITORS

Amounts falling due after more than one year

12

572,183

600,201

NET LIABILITIES

(727,437

)

(666,539

)

CAPITAL AND RESERVES

Called up share capital

15

1

1

Retained earnings

(727,438

)

(666,540

)

SHAREHOLDERS' FUNDS

(727,437

)

(666,539

)

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

The financial statements were approved by the director and authorised for issue on 9 December 2025 and were signed by:

J D Weight - Director

Called up

share

Retained

Total

capital

earnings

equity

£

£

£

Balance at 2 January 2023

1

(569,260

)

(569,259

)

Changes in equity

Total comprehensive income

-

(97,280

)

(97,280

)

Balance at 31 December 2023

1

(666,540

)

(666,539

)

Changes in equity

Total comprehensive income

-

(60,898

)

(60,898

)

Balance at 29 December 2024

1

(727,438

)

(727,437

)

1.	STATUTORY INFORMATION

WPC 8 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 (£).

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.

The accounting reference date of the company is 31 December but the financial statements have been drawn up to a Sunday within seven days of this date, which for this year is 29 December 2024.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2020, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

Straight line over 10 years

Fixtures and fittings

-

Straight line over 3 to 12 years

Computer equipment

-

Straight line over 3 years

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Financial assets and liabilities are recognised in the balance sheet when the company becomes party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and are measured on initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company may not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of any direct issue costs.

Interest bearing loans which meet the criteria of basic financial instruments are initially recorded at the present value of cash payable to the lender, usually being equivalent to the proceeds received net of direct issue costs. These liabilities are subsequently measured at amortised cost, using the effective interest rate method.

Taxation

Taxation for the period 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.

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 the financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Going concern

The financial statements have been prepared on a going concern basis as the immediate parent undertaking, WPC10 Limited, has confirmed its intention to make available such funds as needed by the company to continue in operational existence for the foreseeable future, by meeting the company's liabilities as they fall due, being a period of at least twelve months from the date of approval of these financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 52 (2023 - 55 ) .

4.	OPERATING LOSS

The operating loss is stated after charging/(crediting):

Period

Period

1.1.24

2.1.23

to

to

29.12.24

31.12.23

£

£

Depreciation - owned assets

162,053

111,761

Auditors' remuneration

12,300

12,000

Amortisation of negative goodwill

(7,960

)

(7,960

)

5.	EXCEPTIONAL ITEMS

Period

Period

1.1.24

2.1.23

to

to

29.12.24

31.12.23

£

£

Exceptional items

(23,012

)

(40,933

)

In the current period, the exceptional costs mainly relate to the old site in Chester. In the prior period, the exceptional costs relate to lease assignation and additional accountancy fees.

6.

TAXATION

Analysis of the tax charge

No liability to UK corporation tax arose for the period ended 29 December 2024 nor for the period ended 31 December 2023.

Reconciliation of total tax charge included in profit and loss

The tax assessed for the period is higher than the standard rate of corporation tax in the UK. The difference is explained below:

Period

Period

1.1.24

2.1.23

to

to

29.12.24

31.12.23

£

£

Loss before tax

(60,898

)

(97,280

)

Loss multiplied by the standard rate of corporation tax in the UK of 25% (2023 - 23.520%)

(15,225

)

(22,880

)

Effects of:

Expenses not deductible for tax purposes

15,693

12,909

Income not taxable for tax purposes

(1,990

)

(1,963

)

Deferred tax not recognised

1,522

11,934

Total tax charge

-

-

At 29 December 2024, the company had tax losses carried forward and available to offset future taxable profits totalling £496,866 (at 31 December 2023 - £546,259).

At 29 December 2024, the company had unprovided deferred tax assets of £1,667,350 (at 31 December 2023 - £1,665,827) in respect of tax losses, capital allowances and other short term timing differences.

7.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 29 December 2024

(79,600

)

AMORTISATION

At 1 January 2024

(25,870

)

Charge written back

(7,960

)

At 29 December 2024

(33,830

)

NET BOOK VALUE

At 29 December 2024

(45,770

)

At 31 December 2023

(53,730

)

Goodwill arose on the purchase of certain trade and assets of Rileys Sports Bars (2014) Limited.

8.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2024

379,238

671,751

105,056

1,156,045

Additions

14,866

82,143

1,850

98,859

Disposals

(15,875

)

(86,558

)

(34,272

)

(136,705

)

At 29 December 2024

378,229

667,336

72,634

1,118,199

DEPRECIATION

At 1 January 2024

48,470

500,881

21,557

570,908

Charge for period

45,100

91,249

25,704

162,053

Eliminated on disposal

(5,729

)

(67,186

)

(4,141

)

(77,056

)

At 29 December 2024

87,841

524,944

43,120

655,905

NET BOOK VALUE

At 29 December 2024

290,388

142,392

29,514

462,294

At 31 December 2023

330,768

170,870

83,499

585,137

9.

STOCKS

2024

2023

£

£

Stocks

39,208

35,730

10.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

757

3,382

Amounts owed by group undertakings

275,329

178,260

Other debtors

28,670

30,145

Prepayments and accrued income

55,609

83,301

360,365

295,088

11.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

136,381

214,445

Amounts owed to group undertakings

43,896

90,042

Social security and other taxes

10,072

9,698

VAT

893,204

568,130

Other creditors

12,404

8,350

Accruals and deferred income

182,880

211,045

1,278,837

1,101,710

12.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Loans due to group companies

572,183

600,201

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Loans due to group companies

572,183

600,201

Loans due to group companies are subject to interest at a rate of 22% per annum and are repayable in full by 31 December 2029. Interest on these loans has been waived for the period at the discretion of the parent company WPC10 Limited.

13.	LEASING AGREEMENTS

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

2024

2023

£

£

Within one year

201,229

202,126

Between one and five years

458,000

608,504

In more than five years

432,333

541,337

1,091,562

1,351,967

14.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Loans due to group companies

572,183

600,201

The loan due to the immediate parent undertaking WPC10 Limited is secured by a debenture over the assets of the company.

15.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

1

Ordinary share capital

£1

1

1

16.	SECURITY OVER ASSETS

At the 29 December 2024 the company’s borrowings were secured as follows:

- A charge in favour of Triple Point Advancr Leasing Plc, created on 20 December 2022, covering all present and future freehold and leasehold property of the company.

- A charge in favour of Weight Partners Corporate Limited, created on 7 October 2020, over multiple properties.

Both of the above charges remained outstanding at the balance sheet date.

As at the balance sheet date, the amount secured in the parent company was £2,036,812 (31 December 2023: £2,000,000).

17.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

18.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J D Weight.

The immediate parent undertaking is WPC10 Limited and the ultimate parent undertaking is Weight Partners Corporate Limited.

The smallest and largest group in which the results of the company are consolidated is that headed by WPC 10 Limited, incorporated in England and Wales, whose financial statements are available from C/O Oasys Accountants, 850 Green Lanes, London, England, N21 2RS.