REGISTERED NUMBER: 14285867 (England and Wales)

YL II A Limited

Financial Statements for the Year Ended 31 December 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

C Friedrich

A L R Curcio

REGISTERED OFFICE:

13 Vansittart Estate

Windsor

Berkshire

SL4 1SE

REGISTERED NUMBER:

14285867 (England and Wales)

AUDITORS:

TWP Accounting LLP

The Old Rectory

Church Street

Weybridge

Surrey

KT13 8DE

CURRENT ASSETS

Debtors

4

-

100

Cash at bank

10,455,937

9,562,874

10,455,937

9,562,974

CREDITORS

Amounts falling due within one year

5

10,645,391

9,815,130

NET CURRENT LIABILITIES

(189,454

)

(252,156

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(189,454

)

(252,156

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(189,554

)

(252,256

)

SHAREHOLDERS' FUNDS

(189,454

)

(252,156

)

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 Board of Directors and authorised for issue on 10 December 2025 and were signed on its behalf by:

C Friedrich - Director

1.	STATUTORY INFORMATION

YL II A 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.

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.

Revenue recognition

Fair Value Gain (net) is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

The Company acquires loans on the authorisation of the securitisation vehicle for immediate

re-sale to it, receiving in return a margin from the securitisation vehicle along with a charge to cover the costs

associated with acquisition of the loan. This margin and receiving of costs is recognised as revenue at the time the loan is assigned to the securitisation vehicle.

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.

Presentational currency

The presentational currency of the financial statements is Pounds Sterling, being the functional currency of the primary economic environment in which the company operates. Monetary amounts in these financial statements are rounded to the nearest Pound.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Other debtors

-

100

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

4,920

2,701

Amounts owed to group undertakings

113,561

6,000,000

Other creditors

10,526,910

3,812,429

10,645,391

9,815,130

6.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Paul Hawksley FCA, MAAT, CTA (Senior Statutory Auditor)

for and on behalf of TWP Accounting LLP

7.	ULTIMATE CONTROLLING PARTY

The company's immediate parent is CL VI Lux S.à r.L., incorporated in Luxembourg.

The ultimate parent is CL VI Ventures Offshore LP, incorporated in Cayman Islands.