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REGISTERED NUMBER: 14717246 (England and Wales)

| Karens London Limited |

| Unaudited Financial Statements |

| for the Year Ended 31 March 2025 |

| Karens London Limited (Registered number: 14717246) |

Contents of the Financial Statements

for the Year Ended 31 March 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Karens London Limited |

Company Information

for the Year Ended 31 March 2025

| DIRECTOR: | D S Graydon

| REGISTERED OFFICE: | International House (Regus)

| Solent International Business Park

| George Curl Way

| Southampton

| SO18 2RZ

| REGISTERED NUMBER: | 14717246 (England and Wales)

| Karens London Limited (Registered number: 14717246) |

Balance Sheet

31 March 2025

| 2025 |  | 2024

| Notes | £ | £ |

Fixed assets

Intangible assets | 4 | - |  | 20,000 |  |

Tangible assets | 5 | 1,138 |  | 13,992 |  |

1,138 |  | 33,992 |  |

Current assets

Stocks | 5,169 |  | 8,177 |  |

Debtors | 6 | 45,366 |  | 25,014 |  |

Cash at bank | 24,797 |  | 50,673 |  |

75,332 |  | 83,864 |  |

Creditors

Amounts falling due within one year | 7 | (81,719 | ) | (122,958 | ) |

Net current liabilities | (6,387 | ) | (39,094 | ) |

Total assets less current liabilities | (5,249 | ) | (5,102 | ) |

Capital and reserves

Called up share capital | 1 |  | 1 |  |

Retained earnings | (5,250 | ) | (5,103 | ) |

(5,249 | ) | (5,102 | ) |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

| Karens London Limited (Registered number: 14717246) |

Balance Sheet - continued

31 March 2025

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 director and authorised for issue on 12 March 2026 and were signed by:

D S Graydon - Director

| Karens London Limited (Registered number: 14717246) |

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| Karens London 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.

| TURNOVER

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| INTANGIBLE ASSETS

| 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.

| At each reporting date the company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

| All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

| TANGIBLE FIXED ASSETS

| Tangible 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.

| Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

| Depreciation is provided on the following basis:

| Leasehold property - 50% Straight line

| Plant & machinery - 50% Straight line

| Fixtures and fittings - 100% Straight line

| Computer equipment - 50% 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 profit or loss.

| STOCKS

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Karens London Limited (Registered number: 14717246) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

2. | ACCOUNTING POLICIES - continued

| PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 23 (2024 - 27 ) .

4. | INTANGIBLE FIXED ASSETS

| Franchise

| fees

£ |

| COST

| At 1 April 2024

| and 31 March 2025 | 40,000 |  |

| AMORTISATION

| At 1 April 2024 | 20,000 |  |

| Amortisation for year | 20,000 |  |

| At 31 March 2025 | 40,000 |  |

| NET BOOK VALUE

| At 31 March 2025 | - |  |

| At 31 March 2024 | 20,000 |  |

5. | TANGIBLE FIXED ASSETS

| Leasehold |  | Fixtures |

| property |  | Plant and |  | and |  | Computer |

| improvement |  | machinery |  | fittings |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 April 2024 | 10,010 |  | 7,994 |  | 4,753 |  | 7,742 |  | 30,499 |  |

| Additions | - |  | - |  | 209 |  | - |  | 209 |  |

| At 31 March 2025 | 10,010 |  | 7,994 |  | 4,962 |  | 7,742 |  | 30,708 |  |

| DEPRECIATION

| At 1 April 2024 | 5,005 |  | 3,058 |  | 4,753 |  | 3,691 |  | 16,507 |  |

| Charge for year | 5,005 |  | 3,996 |  | 191 |  | 3,871 |  | 13,063 |  |

| At 31 March 2025 | 10,010 |  | 7,054 |  | 4,944 |  | 7,562 |  | 29,570 |  |

| NET BOOK VALUE

| At 31 March 2025 | - |  | 940 |  | 18 |  | 180 |  | 1,138 |  |

| At 31 March 2024 | 5,005 |  | 4,936 |  | - |  | 4,051 |  | 13,992 |  |

| Karens London Limited (Registered number: 14717246) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

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

2025 | 2024 |

£ | £ |

| Trade debtors | - |  | 22,070 |  |

| Amount owed by related party | 6,646 |  | 2,944 |  |

| Prepayments | 38,720 |  | - |  |

45,366 |  | 25,014 |  |

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

2025 | 2024 |

£ | £ |

| Trade creditors | 53,879 |  | 43,265 |  |

| Other creditors | 1,739 |  | - |  |

| Corporation tax | 2,983 |  | 788 |  |

| Social security and other tax | 16,869 |  | 33,673 |  |

| Pension Liability | 189 |  | 625 |  |

| Wages control account | 4,323 |  | 13,602 |  |

| Directors' current accounts | 1,079 |  | 28,813 |  |

| Accruals and deferred income | 658 |  | 2,192 |  |

81,719 |  | 122,958 |  |