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REGISTERED NUMBER: 08857796 (England and Wales)

Unaudited Financial Statements

for the Period 1 February 2024 to 28 February 2025

for

Transition And Laterlife Matter Ltd

Transition And Laterlife Matter Ltd (Registered number: 08857796)

Contents of the Financial Statements

for the Period 1 February 2024 to 28 February 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

Report of the Accountants | 7 |

Transition And Laterlife Matter Ltd

Company Information

for the Period 1 February 2024 to 28 February 2025

| DIRECTOR: | Ms L Hall

| REGISTERED OFFICE: | 36 St Georges Street

| Enfield

| EN1 4TX

| REGISTERED NUMBER: | 08857796 (England and Wales)

| ACCOUNTANTS: | Wesley Pemberton LLP

| 84a Lancaster Road

| Enfield

| Middlesex

| EN2 0BX

Transition And Laterlife Matter Ltd (Registered number: 08857796)

Balance Sheet

28 February 2025

| 28.2.25 |  | 31.1.24

| Notes | £ | £ |

CURRENT ASSETS

Debtors | 5 | 1,698,388 |  | 890,000 |  |

Cash at bank | 150,121 |  | 570,979 |  |

1,848,509 |  | 1,460,979 |  |

CREDITORS

Amounts falling due within one year | 6 | 75,445 |  | 82,190 |  |

NET CURRENT ASSETS | 1,773,064 |  | 1,378,789 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,773,064 |  | 1,378,789 |  |

CREDITORS

Amounts falling due after more than one year | 7 | 1,375,800 |  | 1,038,400 |  |

NET ASSETS | 397,264 |  | 340,389 |  |

CAPITAL AND RESERVES

Called up share capital | 1 |  | 1 |  |

Retained earnings | 397,263 |  | 340,388 |  |

397,264 |  | 340,389 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 21 April 2026 and were signed by:

Ms L Hall - Director

Transition And Laterlife Matter Ltd (Registered number: 08857796)

Notes to the Financial Statements

for the Period 1 February 2024 to 28 February 2025

1. | STATUTORY INFORMATION

| Transition And Laterlife Matter 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in there UK and Republic of Ireland" (FRS102) 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.

| Turnover represents interest receivable in the year on loans made by the company.

| Tangible fixed assets

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

Transition And Laterlife Matter Ltd (Registered number: 08857796)

Notes to the Financial Statements - continued

for the Period 1 February 2024 to 28 February 2025

2. | ACCOUNTING POLICIES - continued

| Financial instruments

| The company has elected to apply Sections 11 and 12 of FRS 102 in respect of financial instruments.

| Financial assets and financial liabilities are recognised when the company becomes party to the contractual provisions of the instrument.

| Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

| Financial assets

| Basic financial assets, including trade and other debtors, cash and bank balances, intercompany working capital balances, and intercompany financing are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest for a similar debt instrument. Financing transactions are those in which payment is deferred beyond normal business terms or is financed at a rate of interest that is not a market rate.

| Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

| Financial liabilities

| Basic financial liabilities, including trade and other creditors, bank loans, loans from fellow Group companies and preference shares that are classified as debt, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financing transactions are those in which payment is deferred beyond normal business terms or is financed at a rate of interest that is not a market rate.

| Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

| Impairment of financial assets

| Financial assets measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the profit and loss account.

| For financial assets measured at cost less impairment, the impairment loss is measured as the

| difference between the asset's carrying amount and the best estimate of the amount the company would receive for the asset if it were to be sold at the reporting date.

| For financial assets measured at amortised cost, the impairment loss is measured as the difference

| between the asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If the financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

| If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

| Derecognition of financial assets and financial liabilities

| Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) despite having retained some significant risks and rewards of ownership, control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

| Offsetting of financial assets and financial liabilities

| Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Transition And Laterlife Matter Ltd (Registered number: 08857796)

Notes to the Financial Statements - continued

for the Period 1 February 2024 to 28 February 2025

2. | ACCOUNTING POLICIES - continued

| Taxation

| Taxation for the period 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 period 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.

| 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.

| Going concern

| After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being a period of at least twelve months from the date these financial statements were approved. Accordingly, they continue to adopt the going concern in preparing the financial statements.

| Cash and cash equivalents

| Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

| Share capital

| Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was 22 (2024 - 21 ) .

Transition And Laterlife Matter Ltd (Registered number: 08857796)

Notes to the Financial Statements - continued

for the Period 1 February 2024 to 28 February 2025

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 February 2024

| and 28 February 2025 | 2,100 |  |

| DEPRECIATION

| At 1 February 2024

| and 28 February 2025 | 2,100 |  |

| NET BOOK VALUE

| At 28 February 2025 | - |  |

5. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 28.2.25 |  | 31.1.24

£ | £ |

| Other debtors | 1,698,388 |  | 890,000 |  |

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

| 28.2.25 |  | 31.1.24

£ | £ |

| Taxation and social security | 60,445 |  | 67,190 |  |

| Other creditors | 15,000 |  | 15,000 |  |

75,445 |  | 82,190 |  |

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

| 28.2.25 |  | 31.1.24

£ | £ |

| Bank loans | 37,870 |  | 49,201 |  |

| Other creditors | 1,337,930 |  | 989,199 |  |

1,375,800 |  | 1,038,400 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 12,870 |  | 24,201 |  |

Transition And Laterlife Matter Ltd

Report of the Accountants to the Director of

Transition And Laterlife Matter Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 28 February 2025 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Wesley Pemberton LLP

84a Lancaster Road

Enfield

Middlesex

EN2 0BX

21 April 2026