Assetpool Ltd

	Page
Company Information	1
Accountants' Report	2
Statement of Financial Position	3—4
Notes to the Financial Statements	5—8

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Assetpool Ltd

Accountants' Report

For the Period 1 March 2025 to 31 March 2025

Accountants' Report

Chartered Accountants' report to the director on the preparation of the unaudited statutory accounts of Assetpool Ltd For the Period 1 March 2025 to 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Assetpool Ltd For the Period 1 March 2025 to 31 March 2025 which comprise the Income Statement, the Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given to us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Assetpool Ltd , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Assetpool Ltd and state those matters that we have agreed to state to the director of Assetpool Ltd , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Assetpool Ltd and its director, as a body, for our work or for this report.

It is your duty to ensure that Assetpool Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Assetpool Ltd . You consider that Assetpool Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit of the accounts of Assetpool Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

12/12/2025

Sterling Accounting Solutions Ltd

Chartered Accountants

SAS House

Chipperfield Road

Kings Langley

Hertfordshire

WD4 9JB

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Assetpool Ltd

Statement of Financial Position

As At 31 March 2025

Statement of Financial Position

Registered number: 12093239

		31 March 2025		28 February 2025
	Notes	£	£	£	£
FIXED ASSETS

CURRENT ASSETS
Debtors	5	58,261		55,311
Cash at bank and in hand		9,357		7,676

		67,618		62,987
Creditors: Amounts Falling Due Within One Year	6	(117,696 )		(114,910 )

NET CURRENT ASSETS (LIABILITIES)			(50,078 )		(51,923 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(50,078 )		(51,923 )

NET LIABILITIES			(50,078 )		(51,923 )

CAPITAL AND RESERVES
Called up share capital	7		200		200
Income Statement			(50,278 )		(52,123 )

SHAREHOLDERS' FUNDS			(50,078)		(51,923)

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Assetpool Ltd

Statement of Financial Position (continued)

As At 31 March 2025

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

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

The director acknowledges his 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Drew Scott-Dawkins

Director

12/12/2025

The notes on pages 5 to 8 form part of these financial statements.

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Assetpool Ltd

Notes to the Financial Statements

For the Period 1 March 2025 to 31 March 2025

Notes to the Financial Statements

1. General Information

Assetpool Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12093239 . The registered office is SAS House, Chipperfield Road, Kings Langley, Hertfordshire, WD4 9JB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

These financial statements have been prepared in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

3 years straight line

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Assetpool Ltd

Notes to the Financial Statements (continued)

For the Period 1 March 2025 to 31 March 2025

2.4. Financial Instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.

All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

2.5. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the income statement as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 1 (2025: 1)

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 March 2025	426

As at 31 March 2025	426

Depreciation
As at 1 March 2025	426

As at 31 March 2025	426

...CONTINUED

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Assetpool Ltd

Notes to the Financial Statements (continued)

For the Period 1 March 2025 to 31 March 2025

Net Book Value
As at 31 March 2025	-

As at 1 March 2025	-

5. Debtors

	31 March 2025	28 February 2025
	£	£
Due within one year
Prepayments and accrued income	382	382
Other debtors	504	858
Amounts owed by group undertakings	57,375	54,071

	58,261	55,311

6. Creditors: Amounts Falling Due Within One Year

	31 March 2025	28 February 2025
	£	£
Other taxes and social security	1,779	1,100
Other creditors	23,453	23,363
Accruals and deferred income	92,464	90,447

	117,696	114,910

7. Share Capital

	31 March 2025	28 February 2025
Allotted, called up and fully paid	£	£
100 Ordinary Shares of £ 1.00 each	100	100
100 Ordinary A shares of £ 1.00 each	100	100

	200	200

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Assetpool Ltd

Notes to the Financial Statements (continued)

For the Period 1 March 2025 to 31 March 2025

8. Related Party Transactions

At the reporting date, the company was owed £57,375 (28 February 2025: £54,071) by Asset pool (Pty) Limited, the Company's immediate parent company.

At the reporting date, the company owed £950 (28 February 2025: £947) to MJK investments (Pty) Limited, the Company's ultimate parent company.

At the reporting date, the company owed £3,082 (28 February 2025: £3,789) to VDM Trust, a shareholder of Assetpool (Pty) Limited.

At the reporting date, the company owed £3,665 (28 February 2025: £3,641) to Assetpool Inc.

9. Ultimate Parent Undertaking and Controlling Party

The company's immediate parent undertaking is Asset Pool (Pty) Ltd , which owns 100% of the company's Ordinary share capital and Ordinary A share capital. Asset Pool (Pty) Ltd was incorporated in South Africa.

The ultimate parent company is MJKapital Inc. MJKapital Inc was incorporated in Canada.

The ultimate controlling party is M J Kirk who controls the majority of the shares of MJKapital Inc.

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Director	Drew Scott-Dawkins

Company Number	12093239

Registered Office	SAS House
	Chipperfield Road
	Kings Langley
	Hertfordshire
	WD4 9JB

Accountants	Sterling Accounting Solutions Ltd
	Chartered Accountants
	SAS House
	Chipperfield Road
	Kings Langley
	Hertfordshire
	WD4 9JB