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REGISTERED NUMBER: 15722592 (England and Wales)

| Unaudited Financial Statements |

| for the Period 15 May 2024 to 31 May 2025 |

| for |

| ACRE ART LIMITED |

ACRE ART LIMITED (Registered number: 15722592)

Contents of the Financial Statements

for the Period 15 May 2024 to 31 May 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

ACRE ART LIMITED

Company Information

for the Period 15 May 2024 to 31 May 2025

| DIRECTORS: | E R Gamble

| J C Leach

| I M S Wilson

| G A Wilson

| R Mackay

| REGISTERED OFFICE: | 44 The Pantiles

| Tunbridge Wells

| Kent

| TN2 5TN

| REGISTERED NUMBER: | 15722592 (England and Wales)

| ACCOUNTANTS: | APT

| 44 The Pantiles

| Tunbridge Wells

| Kent

| TN2 5TN

ACRE ART LIMITED (Registered number: 15722592)

Balance Sheet

31 May 2025

| Notes | £ | £ |

| FIXED ASSETS

| Investments | 4 | 338 |  |

| CURRENT ASSETS

| Debtors | 5 | 500,000 |  |  |

| Cash at bank and in hand | 1,019 |  |  |

501,019 |  |

| CREDITORS

| Amounts falling due within one year | 6 | 501,283 |  |

| NET CURRENT LIABILITIES | (264 | ) |

| TOTAL ASSETS LESS CURRENT LIABILITIES | 74 |  |

| CAPITAL AND RESERVES

| Called up share capital | 100 |  |

| Retained earnings | (26 | ) |

| SHAREHOLDERS' FUNDS | 74 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 16 February 2026 and were signed on its behalf by:

G A Wilson - Director

ACRE ART LIMITED (Registered number: 15722592)

Notes to the Financial Statements

for the Period 15 May 2024 to 31 May 2025

1. | STATUTORY INFORMATION

| ACRE ART 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.

| The functional and presentational currency of the company is pounds sterling. Monetary amounts in these financial statements are rounded to the nearest £1, except where otherwise indicated.

| Going concern

| Current liabilities exceed current assets, however, after reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

| Significant judgements and estimates

| Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

| Other income

| Interest income, including income arising from finance leases and other financial instruments, is recognised using the effective interest method. Dividend income is recognised when the right to receive payment is established. Income from fixed asset investments is recognised when the right to it has been established.

| Investments

| Investments are shown at fair value or where fair value cannot be readily ascertained at cost less impairment. Any aggregate deficit or surplus arising from changes in fair value is recognised through profit and loss.

| Investments in associates

| Investments in associate undertakings are recognised at cost.

| Financial instruments

| Basic financial assets, including trade and other receivables and cash and bank balances are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost, using the effective interest rate method.

| Basic financial liabilities including trade and other payables are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

ACRE ART LIMITED (Registered number: 15722592)

Notes to the Financial Statements - continued

for the Period 15 May 2024 to 31 May 2025

2. | ACCOUNTING POLICIES - continued

| 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 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.

| Provision for liabilities

| Provisions are recognised when the company has a present obligation (legal or constructive) as a result of a past event, it is probable that the company will be required to settle the obligation, and a reliable estimate can be made of the amount of the obligation.

| The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation.

| Where the effect of the time value of money is material, the amount expected to be required to settle the obligation is recognised at present value using a pre-tax discount rate. The unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

| Dividends

| Dividends are recognised as liabilities once they are no longer at the discretion of the company.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was NIL.

4. | FIXED ASSET INVESTMENTS

| Interest

| in

| associate

£ |

| COST

| Additions | 338 |  |

| At 31 May 2025 | 338 |  |

| NET BOOK VALUE

| At 31 May 2025 | 338 |  |

ACRE ART LIMITED (Registered number: 15722592)

Notes to the Financial Statements - continued

for the Period 15 May 2024 to 31 May 2025

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

£ |

| Amounts owed by associates | 500,000 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

£ |

| Other creditors | 501,283 |  |

7. | RELATED PARTY DISCLOSURES

| As at the balance sheet date £501,281 was owed to entities connected to key management personnel and included in other creditors falling due within one year. The amounts are interest free and repayable on demand.

| As at the balance sheet date £500,000 was owed from associates and included in other debtors falling due within one year. The amount is subject to interest on commercial contingent terms.