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Company No: 15492487 (England and Wales)

# YGGDRASIL CAPITAL UK LTD

### Unaudited Financial Statements
For the financial period ended 31 March 2025
Pages for filing with the registrar

YGGDRASIL CAPITAL UK LTD

## Unaudited Financial Statements

For the financial period ended 31 March 2025

Contents

YGGDRASIL CAPITAL UK LTD

## COMPANY INFORMATION

For the financial period ended 31 March 2025
YGGDRASIL CAPITAL UK LTD

## COMPANY INFORMATION (continued)

For the financial period ended 31 March 2025

DIRECTORS | J H Yearsley
| J Yearsley (Resigned 10 July 2024)
| J W Yearsley (Resigned 10 July 2024)
| M J Yearsley (Appointed 10 July 2024)

REGISTERED OFFICE | Old Library Chambers
| 21 Chipper Lane
| Salisbury
| SP1 1BG
| United Kingdom

COMPANY NUMBER | 15492487 (England and Wales)

ACCOUNTANT | S&W Partners LLP
| 4th Floor Cumberland House
| 15-17 Cumberland Place
| Southampton
| Hampshire
| SO15 2BG

YGGDRASIL CAPITAL UK LTD

## BALANCE SHEET

As at 31 March 2025
YGGDRASIL CAPITAL UK LTD

## BALANCE SHEET (continued)

As at 31 March 2025

| Note | 2025
|  | £
Current assets |  |
Debtors | 3 | 66,647
Cash at bank and in hand |  | 1,179,058
|  | 1,245,705
Creditors: amounts falling due within one year | 4 | ( 1,161,856)
Net current assets |  | 83,849
Total assets less current liabilities |  | 83,849
Net assets |  | 83,849
Capital and reserves |  |
Called-up share capital |  | 100
Capital contribution reserve |  | 484,503
Profit and loss account |  | ( 400,754 )
Total shareholders' funds |  | 83,849

For the financial 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.

Directors' responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Yggdrasil Capital UK Ltd (registered number: 15492487) were approved and authorised for issue by the Board of Directors on 13 February 2026. They were signed on its behalf by:

J H Yearsley Director |

YGGDRASIL CAPITAL UK LTD

## NOTES TO THE FINANCIAL STATEMENTS

For the financial period ended 31 March 2025
YGGDRASIL CAPITAL UK LTD

## NOTES TO THE FINANCIAL STATEMENTS

For the financial period ended 31 March 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

##### General information and basis of accounting

Yggdrasil Capital UK Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Old Library Chambers, 21 Chipper Lane, Salisbury, SP1 1BG, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The functional currency of Yggdrasil Capital UK Ltd is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.
These financial statements are separate financial statements.

##### Going concern

The financial statements have been prepared on a going concern basis.
The directors have assessed the Company’s financial position, taking into account its cash resources, liabilities and expected future cash flows. During the year, the directors determined that a portion of the director’s loan was not recoverable; this amount has been transferred to a contribution reserve. The remaining balance of the director’s loan is expected to be settled from the Company’s available bank funds together with residual income items and fees receivable.
The Company has minimal ongoing operational activities and is in the process of preparing for dormancy. The directors consider that the Company has sufficient financial resources to meet its obligations as they fall due for at least twelve months from the date of approval of these financial statements. Accordingly, the directors believe it remains appropriate to adopt the going concern basis of preparation.

##### Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.
Exchange differences are recognised in the Profit and Loss Account in the period in which they arise on monetary items.

##### Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

##### Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders.

#### 2. Employees

| 2025
| Number
Monthly average number of persons employed by the Company during the period, including directors | 2

#### 3. Debtors

| 2025
| £
Accrued income | 66,647

#### 4. Creditors: amounts falling due within one year

| 2025
| £
Amounts owed to directors | 1,154,563
Accruals | 7,293
| 1,161,856