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REGISTERED NUMBER: 11075828 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2025

for

AKOM DEVELOPMENTS LIMITED

AKOM DEVELOPMENTS LIMITED (REGISTERED NUMBER: 11075828)

Contents of the Financial Statements

for the Year Ended 30 November 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

AKOM DEVELOPMENTS LIMITED

Company Information

for the Year Ended 30 November 2025

| DIRECTOR: | A N Gross

| SECRETARY: | Ms K L Kollgaard

| REGISTERED OFFICE: | Unit A6

| Chaucer Business Park

| Dittons Road

| Polegate

| East Sussex

| BN26 6QH

| REGISTERED NUMBER: | 11075828 (England and Wales)

| ACCOUNTANTS: | MDJ Services Limited

| Unit A6

| Chaucer Business Park

| Dittons Road

| Polegate

| East Sussex

| BN26 6QH

AKOM DEVELOPMENTS LIMITED (REGISTERED NUMBER: 11075828)

Balance Sheet

30 November 2025

| 30.11.25 | 30.11.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 1,665 |  | 2,009 |  |

Investment property | 5 | 1,425,000 |  | 1,425,000 |  |

1,426,665 |  | 1,427,009 |  |

CURRENT ASSETS

Debtors | 6 | 116,167 |  | 196,111 |  |

Cash at bank | 278,350 |  | 57,795 |  |

394,517 |  | 253,906 |  |

CREDITORS

Amounts falling due within one year | 7 | 215,455 |  | 88,568 |  |

NET CURRENT ASSETS | 179,062 |  | 165,338 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,605,727 |  | 1,592,347 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (1,059,141 | ) | (1,059,141 | ) |

PROVISIONS FOR LIABILITIES | (316 | ) | - |  |

NET ASSETS | 546,270 |  | 533,206 |  |

CAPITAL AND RESERVES

Called up share capital | 12 |  | 12 |  |

Retained earnings | 546,258 |  | 533,194 |  |

546,270 |  | 533,206 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

AKOM DEVELOPMENTS LIMITED (REGISTERED NUMBER: 11075828)

Balance Sheet - continued

30 November 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 17 March 2026 and were signed by:

A N Gross - Director

AKOM DEVELOPMENTS LIMITED (REGISTERED NUMBER: 11075828)

Notes to the Financial Statements

for the Year Ended 30 November 2025

1. | STATUTORY INFORMATION

| Akom Developments 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

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.

| Tangible fixed assets

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

| Plant and machinery etc | - | 33% on reducing balance and 15% on reducing balance

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| Investment properties are those properties that are held either to earn rental income or for capital appreciation or both.

| Investment properties are measured initially at cost including transaction costs and thereafter are stated at fair value, which reflects market conditions at the balance sheet date. Surpluses and deficits arising from changes in the fair value of investment properties are recognised in the Statement of Comprehensive Income in the year in which they arise.

| Investment properties are stated at fair value as determined by the directors. The fair value of the company's property portfolio is based upon external valuations and is inherently subjective. The fair value represents the amount at which the assets could be exchanged between a knowledgeable, willing buyer and a knowledgeable, willing seller in an arms-length transaction at the date of valuation. The fair value of each of the properties has been assessed by the directors. In determining the fair value of investment properties, the directors make use of historical and current market data as well as existing lease agreements.

| Additions and disposals of investment properties are recognised in the accounts when contracts are completed.

| Taxation

| Taxation for the year 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.

AKOM DEVELOPMENTS LIMITED (REGISTERED NUMBER: 11075828)

Notes to the Financial Statements - continued

for the Year Ended 30 November 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 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 year 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.

3. | EMPLOYEES AND DIRECTORS

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

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 December 2024

| and 30 November 2025 | 4,585 |  |

| DEPRECIATION

| At 1 December 2024 | 2,576 |  |

| Charge for year | 344 |  |

| At 30 November 2025 | 2,920 |  |

| NET BOOK VALUE

| At 30 November 2025 | 1,665 |  |

| At 30 November 2024 | 2,009 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 December 2024

| and 30 November 2025 | 1,425,000 |  |

| NET BOOK VALUE

| At 30 November 2025 | 1,425,000 |  |

| At 30 November 2024 | 1,425,000 |  |

AKOM DEVELOPMENTS LIMITED (REGISTERED NUMBER: 11075828)

Notes to the Financial Statements - continued

for the Year Ended 30 November 2025

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

| 30.11.25 |  | 30.11.24

£ | £ |

| Trade debtors | 250 |  | 250 |  |

| Amounts owed by associates | 115,427 |  | 195,427 |  |

| Other debtors | 490 |  | 434 |  |

116,167 |  | 196,111 |  |

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

| 30.11.25 |  | 30.11.24

£ | £ |

| Taxation and social security | 1,887 |  | - |  |

| Other creditors | 213,568 |  | 88,568 |  |

215,455 |  | 88,568 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 30.11.25 |  | 30.11.24

£ | £ |

| Bank loans | 1,059,141 |  | 1,059,141 |  |

| Amounts falling due in more than five years:

| Repayable otherwise than by instalments

| Bank loans repayable in more than 5 years otherwise than by instalments | 1,059,141 |  | 1,059,141 |  |

9. | SECURED DEBTS

| The following secured debts are included within creditors:

| 30.11.25 |  | 30.11.24

£ | £ |

| Bank loans | 1,059,141 |  | 1,059,141 |  |

| Bank loans are secured by a fixed and floating charge over all property and undertaking of the company.

10. | RELATED PARTY DISCLOSURES

| Debtors includes amounts owed by related parties as follows:

|  | Balance at 30.11.2024 |  |  | Movement in year |  |  | Balance at 30.11.2025 |

|  | £ |  |  | £ |  |  | £ |

| Owed by related undertakings |  |

| AG Squared Limited |  |  | 195,427 |  |  | (80,000 | ) |  | 115,427 |

|  | 195,427 |  |  | (80,000 | ) |  | 115,427 |

| A N Gross is a director of and has a material interest in AG Squared Limited.