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REGISTERED NUMBER: 12487606 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2026

for

Halbik Holdings Limited

| Halbik Holdings Limited (Registered number: 12487606) |

Contents of the Financial Statements

for the Year Ended 28 February 2026

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Halbik Holdings Limited |

Company Information

for the Year Ended 28 February 2026

| DIRECTORS: | F V M de la Bedoyere

| C J de la Bedoyere

| C A De La Bedoyere

| REGISTERED OFFICE: | Wellwood

| North Farm Road

| Tunbridge Wells

| Kent

| TN2 3DR

| REGISTERED NUMBER: | 12487606 (England and Wales)

| ACCOUNTANTS: | RAA Ward Mackenzie Ltd

| Chartered Accountants

| Thatcher House

| 12 Mount Ephraim

| Tunbridge Wells

| Kent

| TN4 8AS

| Halbik Holdings Limited (Registered number: 12487606) |

Balance Sheet

28 February 2026

| 2026 |  | 2025

| Notes | £ | £ |

FIXED ASSETS

Investments | 4 | 64 |  | 64 |  |

Investment property | 5 | 2,085,000 |  | 1,191,829 |  |

2,085,064 |  | 1,191,893 |  |

CREDITORS

Amounts falling due within one year | 6 | (285,310 | ) | (218,119 | ) |

NET CURRENT LIABILITIES | (285,310 | ) | (218,119 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,799,754 |  | 973,774 |  |

PROVISIONS FOR LIABILITIES | 7 | (82,570 | ) | - |  |

NET ASSETS | 1,717,184 |  | 973,774 |  |

CAPITAL AND RESERVES

Called up share capital | 8 | 50 |  | 64 |  |

Capital redemption reserve | 9 | 14 |  | - |  |

Investment property reserve | 9 | 810,601 |  | - |  |

Retained earnings | 9 | 906,519 |  | 973,710 |  |

SHAREHOLDERS' FUNDS | 1,717,184 |  | 973,774 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 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.

| Halbik Holdings Limited (Registered number: 12487606) |

Balance Sheet - continued

28 February 2026

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 27 March 2026 and were signed on its behalf by:

F V M de la Bedoyere - Director

| Halbik Holdings Limited (Registered number: 12487606) |

Notes to the Financial Statements

for the Year Ended 28 February 2026

1. | STATUTORY INFORMATION

| Halbik Holdings 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 (£).

| The principal activity of the company in the year under review was that of Book Publishing.

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 as modified by the revaluation of certain assets.

| INVESTMENTS IN SUBSIDIARIES

| Investments in subsidiary undertakings are recognised at cost.

| 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.

| TAXATION

| The tax expense represents the sum of the tax currently payable and deferred tax.

| CURRENT TAX

| The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

| DEFERRED TAX

| Deferred tax is not recognised in respect of all timing differences that have originated but not reversed at the balance sheet date as these are considered immaterial.

| FIXED ASSET INVESTMENTS

| Investments are stated at cost less any provision for impairment.

| The Company assess investments for impairment whenever events or changes in circumstances indicate that carrying value of an investment may not be recoverable. If any such indication of impairment exists an adjustment is made by the company to reflect the carrying value. An impairment loss is recognised immediately in the profit and loss account.

| The Company will also assess if a revaluation of the investments is necessary each year and will adjust the carrying value if appropriate.

| SHARE CAPITAL

| Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new shares or buy back of existing shares are deducted from equity, net of any related tax effects.

| Halbik Holdings Limited (Registered number: 12487606) |

Notes to the Financial Statements - continued

for the Year Ended 28 February 2026

2. | ACCOUNTING POLICIES - continued

| PROVISIONS FOR LIABILITIES

| Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

| Provisions are charged as an expense to the Income Statement in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the Balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

| When payments are eventually made, they are charged to the provision carried in the Balance sheet.

| GOING CONCERN

| At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 3 (2025 - 3 ) .

4. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertaking

£ |

| COST

| At 1 March 2025

| and 28 February 2026 | 64 |  |

| NET BOOK VALUE

| At 28 February 2026 | 64 |  |

| At 28 February 2025 | 64 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 March 2025 | 1,191,829 |  |

| Revaluations | 893,171 |  |

| At 28 February 2026 | 2,085,000 |  |

| NET BOOK VALUE

| At 28 February 2026 | 2,085,000 |  |

| At 28 February 2025 | 1,191,829 |  |

| Fair value at 28 February 2026 is represented by:

£ |

| Valuation in 2026 | 893,171 |  |

| Cost | 1,191,829 |  |

2,085,000 |  |

| Halbik Holdings Limited (Registered number: 12487606) |

Notes to the Financial Statements - continued

for the Year Ended 28 February 2026

5. | INVESTMENT PROPERTY - continued

| The company's investment properties were revalued at 13 May 2025 by Durlings, an Independent Valuer who holds a recognised and relevant professional qualification and has recent experience in the location and class of the investment property being valued. The valuation was performed in accordance with RICS Valuation Standards. Deferred tax has been calculated on the revalued amounts and provided for within the financial statements.

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

2026 | 2025 |

£ | £ |

| Amounts owed to group undertakings | 230,435 |  | 163,345 |  |

| Corporation tax | 52,383 |  | 52,479 |  |

| Accrued expenses | 2,492 |  | 2,295 |  |

285,310 |  | 218,119 |  |

| The directors consider the carrying amounts of current liabilities approximate to their fair values.

7. | PROVISIONS FOR LIABILITIES

2026 | 2025 |

£ | £ |

| Deferred tax | 82,570 |  | - |  |

| Deferred |

| tax |

£ |

| Provided during year | 82,570 |  |

| Balance at 28 February 2026 | 82,570 |  |

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2026 | 2025 |

| value: | £ | £ |

| 22 | Ordinary A | £1 | 22 |  | 22 |  |

| 20 | Ordinary B | £1 | 20 |  | 20 |  |

| 8 | Ordinary C | £1 | 8 |  | 22 |  |

50 |  | 64 |  |

| Share Buy back and cancellations

| During the year, 14 (£1 ordinary C shares) were cancelled, effective 24 November 2025. As a result, the issued share capital decreased from £64 to £50. The gross consideration was agreed at £1,769,250. The transaction has been accounted for in accordance with FRS 102 Section 26 and the Companies Act 2006, with appropriate adjustments made to share capital and reserves.

| Halbik Holdings Limited (Registered number: 12487606) |

Notes to the Financial Statements - continued

for the Year Ended 28 February 2026

9. | RESERVES

| Capital |  | Investment |

| Retained |  | redemption |  | property |

| earnings |  | reserve |  | reserve |  | Totals

£ | £ | £ | £ |

| At 1 March 2025 | 973,710 |  | - |  | - |  | 973,710 |  |

| Profit for the year | 3,112,660 |  | 3,112,660 |  |

| Dividends | (600,000 | ) | (600,000 | ) |

| Capital redemption reserve | (1,769,250 | ) | 14 |  | - |  | (1,769,236 | ) |

| Transfer to/from Investment

| property reserve | (810,601 | ) | - |  | 810,601 |  | - |  |

| At 28 February 2026 | 906,519 |  | 14 |  | 810,601 |  | 1,717,134 |  |

| The Profit and loss account comprises all current and prior period retained profit and losses after deducting any distributions made to the company's shareholders. This is a distributable reserve.

| Non distributable reserves consist of share premium, capital redemption reserve and revaluation reserve, which consist of fair value and deferred tax adjustments in relation to freehold property.

| At the balance sheet date the reserves therefore comprise of the following:

| Distributable reserves: £906,519

| Non Distributable reserves:

| Investment property reserve- £810,601

| Capital redemption reserve- £14

10. | RELATED PARTY DISCLOSURES

| During the financial year, the company received rental income of £200,000 (2025: £200,000) from Search Press Limited, its fully owned subsidiary.

| As at the end of the financial year, the company had £230,435 (2025: £163,345) owed to Search Press Limited, its fully owned subsidiary.

11. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party is F V M de la Bedoyere.