Contents of the Financial Statements

for the Period Ended 31 December 2024

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

Directors' report period ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Directors

The directors shown below have held office during the whole of the period from
1 January 2024 to 31 December 2024

Richard Hasson
Neal Menashe

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

Kirsty Ross

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
31 December 2025

And signed on behalf of the board by:
Name: Kirsty Ross
Status: Director

Profit And Loss Account

for the Period Ended 31 December 2024

	2024	2023
	£	£
Turnover:	24,591,851	9,200,000
Cost of sales:	( 9,834,558 )	( 6,078,336 )
Gross profit(or loss):	14,757,293	3,121,664
Administrative expenses:	( 7,299,444 )	( 6,640,405 )
Other operating income:	1,059,171	936,731
Operating profit(or loss):	8,517,020	(2,582,010)
Interest payable and similar charges:	( 599,215 )	( 8 )
Profit(or loss) before tax:	7,917,805	(2,582,018)
Tax:	( 2,182,152 )	371,896
Profit(or loss) for the financial year:	5,735,653	(2,210,122)

Balance sheet

As at 31 December 2024

	Notes	2024	2023
		£	£
Called up share capital not paid:		0	0
Fixed assets
Intangible assets:	3	8,442	0
Tangible assets:	4	42,785,913	87,723
Investments:		0	0
Total fixed assets:		42,794,355	87,723
Current assets
Debtors:	5	18,154,855	5,951,382
Cash at bank and in hand:		365,832	44,877
Total current assets:		18,520,687	5,996,259
Prepayments and accrued income:		94,496	1,030,285
Creditors: amounts falling due within one year:	6	( 19,336,983 )	( 8,378,515 )
Net current assets (liabilities):		(721,800)	(1,351,971)
Total assets less current liabilities:		42,072,555	( 1,264,248)
Creditors: amounts falling due after more than one year:	7	( 36,150,067 )
Provision for liabilities:		( 908,879 )	0
Total net assets (liabilities):		5,013,609	(1,264,248)
Capital and reserves
Called up share capital:		100	100
Other reserves:		1,564,129	1,021,925
Profit and loss account:		3,449,380	(2,286,273 )
Total Shareholders' funds:		5,013,609	(1,264,248)

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 December 2024 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 December 2024

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

  Turnover policy

  Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the Revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The Revenue is derived from management fees charged for corporate head office services and arises in the course of ordinary activities of the Company.

  Tangible fixed assets depreciation policy

  Fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. The estimated useful lives range as follows: Leasehold improvements Fixtures and fittings Computer equipment - Straight line over the period of the lease - 4 years straight line - 3 years straight line The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of Comprehensive Income.

  Intangible fixed assets amortisation policy

  Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

  Other accounting policies

  Other income Leases Interest income Pension cost Share based payments Current and Deferred taxation Reserves Uncertain Tax Position Financial assets, liabilities and Equity Provisions for Liabilities Cash and Cash equivalents Share capital and Equity

Notes to the Financial Statements

for the Period Ended 31 December 2024

• 2. Employees

  	2024	2023
  Average number of employees during the period	24	21