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COMPANY REGISTRATION NUMBER: 10459323

Prosperous GlobalChina Capital (1) Limited

Filleted Unaudited Financial Statements

31 December 2025

Prosperous GlobalChina Capital (1) Limited

Statement of Financial Position

31 December 2025

| 2025 | 2024
Note | £ | £ | £

Fixed assets

Investments | 6 |  | 100 | 100

Current assets

Stocks | 7,676,287 |  | 7,672,468
Debtors | 7 | 3,673 |  | 4,867
Cash at bank and in hand | 3,397 |  | 11,957
| ------------ |  | ------------
| 7,683,357 |  | 7,689,292

Creditors: amounts falling due within one year | 8 | ( 1,334,652) |  | ( 1,254,414)
| ------------ |  | ------------
Net current assets |  | 6,348,705 | 6,434,878
|  | ------------ | ------------
Total assets less current liabilities |  | 6,348,805 | 6,434,978

Creditors: amounts falling due after more than one year | 9 |  | ( 13,123,425) | ( 12,720,950)
|  | ------------- | -------------
Net liabilities |  | ( 6,774,620) | ( 6,285,972)
|  | ------------- | -------------

Capital and reserves

Called up share capital |  | 2 | 2
Profit and loss account |  | ( 6,774,622) | ( 6,285,974)
|  | ------------ | ------------
Shareholders deficit |  | ( 6,774,620) | ( 6,285,972)
|  | ------------ | ------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Prosperous GlobalChina Capital (1) Limited

Statement of Financial Position (continued)

31 December 2025
These financial statements were approved by the board of directors and authorised for issue on 21 April 2026 , and are signed on behalf of the board by:

J Zhao
Director

Company registration number: 10459323

Prosperous GlobalChina Capital (1) Limited

Notes to the Financial Statements

Year ended 31 December 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 10 Orange street, Haymarket, London, WC2H 7DQ.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The director considers the company is a going concern on the basis of continued financial support from connected companies.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Equipment | - | 33% straight line

Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Investments in associates
Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.
Investments in joint ventures
Investments in jointly controlled entities accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in jointly controlled entities accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the joint venture arising before or after the date of acquisition.
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.
Stocks
Stocks relate to a construction project in progress and are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of land purchased, materials and professional fees incurred in bringing the construction project to its present position. The director of the company has reviewed whether there is any impairment in the value of the construction project in progress and considers the costs incurred to date are fully recoverable.
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.
Defined contribution plans
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.
4. Employee numbers
The average number of persons employed by the company during the year amounted to Nil (2024: 1 ).
5. Tangible assets

| Equipment
| £
Cost |
At 1 January 2025 and 31 December 2025 | 3,965
| -------
Depreciation |
At 1 January 2025 and 31 December 2025 | 3,965
| -------
Carrying amount |
At 31 December 2025 | –
| -------
At 31 December 2024 | –
| -------

6. Investments

| Shares in group undertakings
| £
Cost |
At 1 January 2025 and 31 December 2025 | 100
| ----
Impairment |
At 1 January 2025 and 31 December 2025 | –
| ----

Carrying amount |
At 31 December 2025 | 100
| ----
At 31 December 2024 | 100
| ----

7. Debtors

| 2025 | 2024
| £ | £
Other debtors | 3,673 | 4,867
| ------- | -------

8. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Trade creditors | 4,711 | 4,260
Amounts owed to group undertakings and undertakings in which the company has a participating interest | 928,360 | 895,474
Other creditors | 401,581 | 354,680
| ------------ | ------------
| 1,334,652 | 1,254,414
| ------------ | ------------

9. Creditors: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Amounts owed to group undertakings and undertakings in which the company has a participating interest | 13,123,425 | 12,720,950
| ------------- | -------------

10. Related party transactions
At the year end, the company owed £14,051,786 (2024 - £13,616,424) to connected parties.
11. Controlling party
The parent company is Yi Chun Navigation Inc, a company registered in Liberia.