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REGISTERED NUMBER: 08644359 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Cornerstone 2 Ltd

Cornerstone 2 Ltd (Registered number: 08644359)

Contents of the Financial Statements

for the Year Ended 31 March 2026

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Cornerstone 2 Ltd

Company Information

for the Year Ended 31 March 2026

| DIRECTORS: | M N Carr

| D H Ward

| REGISTERED OFFICE: | Carlton House

| High Street

| Higham Ferrers

| Northamptonshire

| NN10 8BW

| REGISTERED NUMBER: | 08644359 (England and Wales)

| ACCOUNTANTS: | Willsons

| Chartered Accountants

| Carlton House

| High Street

| Higham Ferrers

| Northamptonshire

| NN10 8BW

Cornerstone 2 Ltd (Registered number: 08644359)

Balance Sheet

31 March 2026

| 31.3.26 | 31.3.25 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 413 |  | 622 |  |

CURRENT ASSETS

Debtors | 5 | 2,110 |  | 13,132 |  |

Cash at bank and in hand | 11,353 |  | 43,942 |  |

13,463 |  | 57,074 |  |

CREDITORS

Amounts falling due within one year | 6 | 13,875 |  | 40,086 |  |

NET CURRENT (LIABILITIES)/ASSETS | (412 | ) | 16,988 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1 |  | 17,610 |  |

CREDITORS

Amounts falling due after more than one year | 7 | - |  | 5,000 |  |

NET ASSETS | 1 |  | 12,610 |  |

CAPITAL AND RESERVES

Called up share capital | 8 | 1 |  | 1 |  |

Retained earnings | - |  | 12,609 |  |

SHAREHOLDERS' FUNDS | 1 |  | 12,610 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

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

Cornerstone 2 Ltd (Registered number: 08644359)

Balance Sheet - continued

31 March 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 20 April 2026 and were signed on its behalf by:

M N Carr - Director

Cornerstone 2 Ltd (Registered number: 08644359)

Notes to the Financial Statements

for the Year Ended 31 March 2026

1. | STATUTORY INFORMATION

| Cornerstone 2 Ltd 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 represents the total invoice value, excluding value added tax, of sales made during the period. When the outcome of work can be estimated reliably, turnover from the work done is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to percentage of job completed. Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

| 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 | - | 25% on reducing balance

| Computer equipment | - | 25% on reducing balance

| Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

| 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.

| 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.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Debtors and creditors receivable / payable within one year

| Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. | EMPLOYEES AND DIRECTORS

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

Cornerstone 2 Ltd (Registered number: 08644359)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2026

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| and |  | Computer |

| fittings |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 April 2025

| and 31 March 2026 | 7,995 |  | 3,215 |  | 11,210 |  |

| DEPRECIATION

| At 1 April 2025 | 7,445 |  | 3,143 |  | 10,588 |  |

| Charge for year | 138 |  | 71 |  | 209 |  |

| At 31 March 2026 | 7,583 |  | 3,214 |  | 10,797 |  |

| NET BOOK VALUE

| At 31 March 2026 | 412 |  | 1 |  | 413 |  |

| At 31 March 2025 | 550 |  | 72 |  | 622 |  |

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

| 31.3.26 |  | 31.3.25

£ | £ |

| Trade debtors | 66 |  | 66 |  |

| Amounts owed by group undertakings | - |  | 661 |  |

| Other debtors | 2,044 |  | 10,940 |  |

| VAT | - |  | 1,465 |  |

2,110 |  | 13,132 |  |

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

| 31.3.26 |  | 31.3.25

£ | £ |

| Bank loans and overdrafts | - |  | 30,000 |  |

| Trade creditors | - |  | 9,150 |  |

| Amounts owed to group undertakings | 12,679 |  | - |  |

| Corporation Tax | 65 |  | - |  |

| VAT | 112 |  | - |  |

| Accrued expenses | 1,019 |  | 936 |  |

13,875 |  | 40,086 |  |

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

| 31.3.26 |  | 31.3.25

£ | £ |

| Bank loans - 2-5 years | - |  | 5,000 |  |

Cornerstone 2 Ltd (Registered number: 08644359)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2026

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.3.26 |  | 31.3.25

| value: | £ | £ |

| 1 | Ordinary | £1 | 1 |  | 1 |  |

9. | RELATED PARTY DISCLOSURES

| At the balance sheet date, the company was owed £2,044 (2025 £10,940) from companies controlled by M N Carr and D H Ward. No interest has been charged on these loans.