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REGISTERED NUMBER: 04485676 (England and Wales)

UNAUDITED CESSATION FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2024 TO 30 SEPTEMBER 2025

FOR

MAGNOLIA HOUSE CONSULTANCY LIMITED

MAGNOLIA HOUSE CONSULTANCY LIMITED (REGISTERED NUMBER: 04485676)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2024 TO 30 SEPTEMBER 2025

| Page |

Statement of Financial Position | 1 |

Notes to the Financial Statements | 2 |  | to |  | 6

MAGNOLIA HOUSE CONSULTANCY LIMITED (REGISTERED NUMBER: 04485676)

STATEMENT OF FINANCIAL POSITION

30 SEPTEMBER 2025

| 30.9.25 |  | 31.3.24

| Notes | £ | £ |

FIXED ASSETS

Property, plant and equipment | 4 | - |  | 1,801 |  |

CURRENT ASSETS

Debtors | 5 | 6,275 |  | 14,949 |  |

Cash at bank | - |  | 366 |  |

6,275 |  | 15,315 |  |

CREDITORS

Amounts falling due within one year | 6 | (14,380 | ) | (12,934 | ) |

NET CURRENT (LIABILITIES)/ASSETS | (8,105 | ) | 2,381 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | (8,105 | ) | 4,182 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | (8,205 | ) | 4,082 |  |

(8,105 | ) | 4,182 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 March 2026 and were signed by:

G S Fulwell - Director

MAGNOLIA HOUSE CONSULTANCY LIMITED (REGISTERED NUMBER: 04485676)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2024 TO 30 SEPTEMBER 2025

1. | STATUTORY INFORMATION

| MAGNOLIA HOUSE CONSULTANCY LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

| Registered number: | 04485676

| Registered office: | Stone House

| 55 Stone Road Business Park

| Stone Road

| Stoke on Trent

| Staffordshire

| ST4 6SR

| The principal activity of the company is that of management consultancy.

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 financial statements are prepared in sterling, which is the functional currency of the entity.

| SIGNIFICANT JUDGEMENTS AND ESTIMATES

| The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

| Key sources of estimation uncertainty

| Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. The key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are as follows:

| As described in the accounting policies of the financial statements, depreciation tangible fixed assets has been based on estimated useful lives and residual values deemed appropriate by the directors. Estimated useful lives and residual values are reviewed annually and revised as appropriate. Revisions take in to account actual asset lives and residual values as evidence by disposals during current and prior accounting periods.

| REVENUE RECOGNITION

| Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

| TANGIBLE FIXED ASSETS

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Fixtures and fittings | - | 15% reducing balance

| Computer equipment | - | 33% on cost

MAGNOLIA HOUSE CONSULTANCY LIMITED (REGISTERED NUMBER: 04485676)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 1 APRIL 2024 TO 30 SEPTEMBER 2025

2. | ACCOUNTING POLICIES - continued

| 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, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

| Debt instruments are subsequently measured at amortised cost.

| 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.

| For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are 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.

| 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 entity after deducting all of its financial liabilities.

| Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

| Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

| TAXATION

| Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

MAGNOLIA HOUSE CONSULTANCY LIMITED (REGISTERED NUMBER: 04485676)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 1 APRIL 2024 TO 30 SEPTEMBER 2025

2. | ACCOUNTING POLICIES - continued

| DEFERRED TAX

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

| PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

| Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

| When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

| IMPAIRMENT OF FIXED ASSETS

| A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

| For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs.

| The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

| For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was 1 (2024 - 1 ) .

MAGNOLIA HOUSE CONSULTANCY LIMITED (REGISTERED NUMBER: 04485676)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 1 APRIL 2024 TO 30 SEPTEMBER 2025

4. | PROPERTY, PLANT AND EQUIPMENT

| Fixtures |

| Reference |  | and |  | Computer |

| books |  | fittings |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 April 2024 | 1,684 |  | 499 |  | 8,471 |  | 10,654 |  |

| Disposals | (1,684 | ) | (499 | ) | - |  | (2,183 | ) |

| At 30 September 2025 | - |  | - |  | 8,471 |  | 8,471 |  |

| DEPRECIATION

| At 1 April 2024 | - |  | 446 |  | 8,407 |  | 8,853 |  |

| Charge for period | - |  | 12 |  | 64 |  | 76 |  |

| Eliminated on disposal | - |  | (458 | ) | - |  | (458 | ) |

| At 30 September 2025 | - |  | - |  | 8,471 |  | 8,471 |  |

| NET BOOK VALUE

| At 30 September 2025 | - |  | - |  | - |  | - |  |

| At 31 March 2024 | 1,684 |  | 53 |  | 64 |  | 1,801 |  |

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

| 30.9.25 |  | 31.3.24

£ | £ |

| Trade debtors | 4,801 |  | 14,949 |  |

| Tax | 1,474 |  | - |  |

6,275 |  | 14,949 |  |

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

| 30.9.25 |  | 31.3.24

£ | £ |

| Bank loans and overdrafts | 4,779 |  | - |  |

| Tax | - |  | 965 |  |

| Directors' loan accounts | 7,605 |  | 11,969 |  |

| Accruals and deferred income | 1,996 |  | - |  |

14,380 |  | 12,934 |  |

MAGNOLIA HOUSE CONSULTANCY LIMITED (REGISTERED NUMBER: 04485676)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 1 APRIL 2024 TO 30 SEPTEMBER 2025

7. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the period ended 30 September 2025 and the year ended 31 March 2024:

| 30.9.25 |  | 31.3.24

£ | £ |

| G S Fulwell

| Balance outstanding at start of period | (11,969 | ) | 33 |  |

| Amounts advanced | 17,342 |  | 8,091 |  |

| Amounts repaid | (12,978 | ) | (20,093 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of period | (7,605 | ) | (11,969 | ) |

8. | POST BALANCE SHEET EVENTS

| There were no material events up to the date of approval of the financial statements by the board.