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COMPANY REGISTRATION NUMBER: NI607952

Sorbus Holdco Limited

Filleted Unaudited Abridged Financial Statements

30 September 2025

Sorbus Holdco Limited

Abridged Statement of Financial Position

30 September 2025

| 2025 | 2024
Note | £ | £

Current assets

Debtors | 120,000 | 120,476
Cash at bank and in hand | 646,903 | 650,067
| --------- | ---------
| 766,903 | 770,543

Creditors: amounts falling due within one year | ( 1,285,449) | ( 1,307,395)
| ------------ | ------------
Net current liabilities | ( 518,546) | ( 536,852)
| --------- | ---------
Total assets less current liabilities | ( 518,546) | ( 536,852)
| --------- | ---------

Capital and reserves

Called up share capital | 100 | 100
Profit and loss account | ( 518,646) | ( 536,952)
| --------- | ---------
Shareholders' deficit | ( 518,546) | ( 536,852)
| --------- | ---------

These abridged 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 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The member has not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .
All of the members have consented to the preparation of abridged financial statements for the year ending 30 September 2025 in accordance with Section 444(2A) of the Companies Act 2006.
These abridged financial statements were approved by the board of directors and authorised for issue on 18 December 2025 , and are signed on behalf of the board by:

T J Jennings CBE |
Director |

Company registration number: NI607952

Sorbus Holdco Limited

Notes to the Abridged Financial Statements

Year ended 30 September 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 16 Talbot Street, Saint Anne's Square, Belfast, BT1 2NF.
2. Statement of compliance
These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
3. Employee numbers
The company has no employees other than the directors.
4. Accounting policies
Basis of preparation
The abridged financial statements have been prepared on the historical cost basis. These financial statements have been prepared on a going concern basis as the company has received assurances from its parent undertaking that it will continue to provide financial support to the company for a period of at least 12 months from the date these financial statements were signed.
Revenue recognition
Turnover represents sponsorship income receivable during the period. Turnover is recognised at the point at which the services are provided.
Income tax
Deferred tax is provided in full on timing differences which result in an obligation at the balance sheet date to pay more tax, or a right to pay less tax, at a future date, at rates expected to apply when they crystallise based on current tax rates and law. Timing differences arise from the inclusion of items of income and expenditure in taxation computations in periods different from those in which they are included in the financial statements. Deferred tax assets are recognised to the extent that it it is regarded as more likely than not they will be recovered. Deferred tax assets and liabilities recognised have not been discounted.
Tangible assets
Tangible fixed assets are stated at cost less accumulated depreciation. The cost of tangible fixed assets is their purchase cost, together with any incidental costs of acquisition.
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:

| Motor Vehicles | - | 25% straight line

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.
5. Tangible assets

| £
Cost |
At 1 October 2024 and 30 September 2025 | 418,286
| ---------
Depreciation |
At 1 October 2024 and 30 September 2025 | 418,286
| ---------
Carrying amount |
At 30 September 2025 | –
| ---------
At 30 September 2024 | –
| ---------

6. Related party transactions
Advantage has been taken of the exemption not to disclose transactions with entities that are part of the group, provided that any subsidiary involved is wholly owned.
7. Controlling party
The company's immediate and ultimate holding company is Havana Limited, a company incorporated in Northern Ireland. This company does not prepare consolidated financial statements. The ultimate controlling parties are the shareholders of Havana Limited.