MRP CAPITAL PARTNERS LIMITED

	Page
Company Information	1
Strategic Report	2—3
Directors' Report	4—5
Independent Auditor's Report	6—9
Statement of Comprehensive Income	10
Balance Sheet	11
Statement of Changes in Equity	12
Cash Flow Statement	13
Notes to the Cash Flow Statement	14
Notes to the Financial Statements	15—18

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Strategic Report

For The Year Ended 31 December 2025

Strategic Report

The directors present their strategic report for the year ended 31 December 2025.

Principal Activity

The principal business activity of the company is that of investment advisory and intermediation of fixed income securities.

Review of the Business

The company generated revenue of £260,823 (2024: £100,000). The Directors believe that revenue will continue to increase from the 2026 financial year onwards. The Company incurred administrative expenses of £74k (2024: £78k), mostly in relation to professional fees relating to the Financial Conduct Authority.

The Company’s total assets as at 31 December 2025 were £1,005,421 (2024: £1,017,927) which consists of cash and cash equivalents. The Company’s total liabilities as at 31 December 2025 were £44,640 (2024: £15,591) mainly due to accrued expenses £36,021 (2024: £15,043).

Principal Risks and Uncertainties

The financial risk management objective and policy is to maintain sufficient liquidity and capital so that the Company can always meet its liabilities and regulatory financial resources requirements. At the reporting date, the main risks to which the Company was exposed are as follows:

Liquidity risk

The Company is cash positive and aims to ensure sufficient funds are always available to finance its operating activities. There is no need to borrow any funds at this stage of the company operations. The Directors will continue to monitor the company’s capital and cash requirements to ensure that there is adequate liquidity to meet its financial commitments.

Regulatory risk

The Company maintains sufficient capital and cash reserves to enable it to continue meeting its regulatory requirements. The Directors continue to monitor the Company’s cash reserves.

Credit risk and cash flow risk

The Company has no concentration of credit risk.

Operational risk

The business foresees some operational risks in trade settlement delays by way of counterparties either short of funds or securities. The Directors constantly monitor and act on such transactions.

Operational risks are monitored by the Directors. As part of the Capital Requirements Directive, the Company maintains an "Internal Capital Adequacy Review Assessment". This is updated on an annual basis based on the latest available information and is used in conjuction with a compliance manual and a fully documented system of controls and procedures.

Future Developments

There are no other plans which will significantly change the activities and risks of the Company.

Post Balance Sheet Events

No information has been identified since the reporting date, about conditions existing at that date, that need to be disclosed in these financial statements.

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MRP CAPITAL PARTNERS LIMITED

Strategic Report (continued)

For The Year Ended 31 December 2025

Section 172(1) Statement

The board of Directors of the Company believe that they have acted in the way they consider to be in good faith, and would be most likely to promote the success of the Company for the benefit of its members as a whole (having regard to the Stakeholders and matters set out in S172(1)(a) to (f) of the Companies Act 2006) in the decisions taken during the financial period ended 31 December 2025.

Consideration of long-term consequences is an inherent part of the Company's decision-making processes. As a privately-owned Company, the board considers that the interests of the Company and its Shareholder are aligned in seeking sustainable value creation over the longer term through it's operations, promoting long term strategic decision-making. These factors also drive a continuing focus on the maintenance of durable relationships with Stakeholders, built on the Company's reputation with Clients and Suppliers.

The Company is regulated by the Financial Conduct Authority in the conduct of its advisory services and must do so in good faith and with due diligence.

The Company operates in a sector characterised by long term relationships with Stakeholders. Maintaining a reputation for high standards of business conduct is vital and the Company expects all members of the supply chain to always act with integrity. Acting openly, honestly and ethically. The Company has zero tolerance to fraud and consistently maintains effective oversight and scrutiny processes, executed with independence and impartiality. Integrity is underpinned with policies in relation to bribery and corruption, data protection, equality, diversity and inclusion, modern slavery, fraud and whistleblowing, each of which is reinforced through appropriate measures.

On behalf of the board

Mehul Sudhir Sheth

Director

23 April 2026

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MRP CAPITAL PARTNERS LIMITED

Company No. 14470906

Directors' Report For The Year Ended 31 December 2025

Directors' Report

The directors present their report and the financial statements for the year ended 31 December 2025.

Dividends

The loss for the year ended 31 December 2025 amounted to £41,555 (2024: Profit of £43,773).

The directors do not recommend a dividend for the year ended 31 December 2025 (2024: £Nil).

Directors

The directors who held office during the year were as follows:

Mehul Sudhir Sheth

Sandip Bharatbhai Parekh

Raju Kothari

Matters covered in the Strategic Report

Disclosures required under s416(4) of the Companies Act 2006 are commented upon in the Strategic Report as the directors consider them to be of strategic importance to the business.

Statement of Directors' Responsibilities

The directors are responsible for preparing the Strategic Report, the Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards, comprising FRS102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the directors are required to:

select suitable accounting policies and then apply them consistently;
make judgments and accounting estimates that are reasonable and prudent;
state whether applicable United Kingdom Accounting Standards, comprising FRS102, have been followed subject to any material departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Statement of Disclosure of Information to Auditors

In the case of each director in office at the date the Directors' Report is approved:

so far as the director is aware, there is no relevant audit information of which the company's auditors are unaware; and
they have taken all the steps that they ought to have taken as directors in order to make themselves aware of any relevant audit information and to establish that the company's auditors are aware of that information.

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MRP CAPITAL PARTNERS LIMITED

Directors' Report (continued)

For The Year Ended 31 December 2025

Independent Auditors

The auditors, Mushambi and Associates Limited, have indicated their willingness to continue in office and a resolution concerning their re-appointment will be proposed at the Annual General Meeting.

On behalf of the board

Mehul Sudhir Sheth

Director

23 April 2026

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Independent Auditor's Report

to the Members of

MRP CAPITAL PARTNERS LIMITED

Independent Auditor's Report

Opinion

We have audited the financial statements of MRP CAPITAL PARTNERS LIMITED for the year ended 31 December 2025 which comprise the Statement of Comprehensive Income, Balance Sheet, Statement of Changes of Equity, Cash Flow Statement and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

In our opinion the financial statements:

give a true and fair view of the state of the company's affairs as at 31 December 2025 and of its profit/(loss) for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for Opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions Relating to Going Concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other Information

The other information comprises the information included in the annual report, other than the financial statements and our auditor's report thereon. The directors are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on Other Matters Prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

the information given in the Strategic Report and Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
the Strategic Report and Directors' Report have been prepared in accordance with applicable legal requirements.

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Independent Auditor's Report (continued)

to the Members of

MRP CAPITAL PARTNERS LIMITED

Matters on Which We Are Required to Report by Exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Directors' Report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
the financial statements are not in agreement with the accounting records or returns; or
certain disclosures of directors' remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit.

Responsibilities of Directors

As explained more fully in the Directors' Responsibilities Statement set out on page 4—5, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

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Independent Auditor's Report (continued)

to the Members of

MRP CAPITAL PARTNERS LIMITED

Auditor's Responsibilities for the Audit of the Financial Statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud is detailed below:

Obtaining an understanding of the legal and regulatory frameworks that the company operates in, focusing on those laws and regulations that had a direct effect on the financial statements. The key laws and regulations we considered in this context included the Companies Act 2006 and applicable tax legislation. In addition, we considered compliance with the UK Bribery Act and employee legislation, as fundamental to the Company’s operations.

Reviewing key correspondence with regulatory authorities such as the Financial Conduct Authority, Prudential Regulatory Authority, and Financial Reporting Council.

Enquiry of management to identify any instances of non-compliance with laws and regulations.

Reviewing financial statement disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations.Extent to which the audit was capable of detecting irregularities, including fraud (continued)

Enquiry of management around actual and potential litigation and claims.

Enquiry of management to identify any instances of known or suspected instances of fraud.

Discussing among the engagement team regarding how and where fraud might occur in the financial statements and any potential indicators of fraud.

Reviewing minutes of meetings of those charged with governance.

Reviewing the control systems in place and testing the design and implementation of the controls; and

Performing audit work over the risk of management override of controls, including testing of journal entries and other adjustments for appropriateness, evaluating the business rationale of significant transactions outside the normal course of business, and reviewing accounting estimates for bias.

Our audit procedures were designed to respond to risks of material misstatement in the financial statements, recognising that the risks of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by for example, forgery, misrepresentations or through collusion. There are inherent limitations in the audit procedures performed and the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we are to become aware of it.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use Of Our Report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters that we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

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Independent Auditor's Report (continued)

to the Members of

MRP CAPITAL PARTNERS LIMITED

Tafadzwa George Mushambi Bsc (Hons), FCCA (Senior Statutory Auditor) (Senior Statutory Auditor)

for and on behalf of Mushambi and Associates Limited , Statutory Auditor

23 April 2026

Mushambi and Associates Limited

North London Business Park

Statutory Auditor, Oakleigh Road South

London

N11 1GN

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MRP CAPITAL PARTNERS LIMITED

Statement of Comprehensive Income

For The Year Ended 31 December 2025

Statement of Comprehensive Income

		2025	2024
	Notes	£	£
TURNOVER	3	260,823	100,000
Cost of sales		(256,889 )	-

GROSS PROFIT		3,934	100,000

Administrative expenses		(74,018 )	(78,214 )

OPERATING (LOSS)/PROFIT		(70,084 )	21,786
Other interest receivable and similar income	6	28,529	22,535
Interest payable and similar charges		-	-

(LOSS)/PROFIT BEFORE TAXATION		(41,555 )	44,321
Tax on (Loss)/profit	7	-	(548 )

(LOSS)/PROFIT AFTER TAXATION BEING (LOSS)/PROFIT FOR THE FINANCIAL YEAR		(41,555 )	43,773
OTHER COMPREHENSIVE INCOME FOR THE YEAR		-	-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR		(41,555 )	43,773

The results are from continuing activities.

The notes on pages 14 to 18 form part of these financial statements.

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MRP CAPITAL PARTNERS LIMITED

Balance Sheet

As At 31 December 2025

Balance Sheet

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	8	34,069		-
Cash at bank and in hand		971,352		1,017,927

		1,005,421		1,017,927
Creditors: Amounts Falling Due Within One Year	9	(44,640 )		(15,591 )

NET CURRENT ASSETS (LIABILITIES)			960,781		1,002,336

TOTAL ASSETS LESS CURRENT LIABILITIES			960,781		1,002,336

NET ASSETS			960,781		1,002,336

CAPITAL AND RESERVES
Called up share capital	10		1,000,000		1,000,000
Profit and Loss Account			(39,219 )		2,336

SHAREHOLDERS' FUNDS			960,781		1,002,336

The Company registered number is 14470906. The financial statements were approved by the board of directors on 23 April 2026 and were signed on its behalf by:

Mehul Sudhir Sheth

Director

The notes on pages 14 to 18 form part of these financial statements.

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MRP CAPITAL PARTNERS LIMITED

Statement of Changes in Equity

For The Year Ended 31 December 2025

Statement of Changes in Equity

	Share Capital	Profit and Loss Account	Total
	£	£	£
As at 1 January 2024	1,000,000	(41,437 )	958,563
Profit for the year and total comprehensive income	-	43,773	43,773

As at 31 December 2024 and 1 January 2025	1,000,000	2,336	1,002,336


Loss for the year and total comprehensive income	-	(41,555 )	(41,555)

As at 31 December 2025	1,000,000	(39,219 )	960,781

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MRP CAPITAL PARTNERS LIMITED

Cash Flow Statement

For The Year Ended 31 December 2025

Cash Flow Statement

		2025	2024
	Notes	£	£
Cash flows from operating activities
Net cash (used in)/generated from operations	1	(74,556 )	34,429
Tax paid		(548 )	-

Net cash (used in)/generated from operating activities		(75,104 )	34,429

Cash flows from investing activities
Interest received		28,529	22,535

Cash flows from financing activities
Repayment of other loans		-	(25,000)



(Decrease)/increase in cash and cash equivalents		(46,575 )	31,964
Cash and cash equivalents at beginning of year	2	1,017,927	985,963

Cash and cash equivalents at end of year	2	971,352	1,017,927

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MRP CAPITAL PARTNERS LIMITED

Notes to the Cash Flow Statement

For The Year Ended 31 December 2025

Notes to the Cash Flow Statement

1. Reconciliation of (loss)/profit for the financial year to cash (used in)/generated from operations

	2025	2024
	£	£
(Loss)/profit for the financial year	(41,555 )	43,773
Adjustments for:
Tax on (loss)/profit	-	548
Interest income	(28,529 )	(22,535 )
Movements in working capital:
Increase in trade and other debtors	(34,069 )	-
Increase in trade and other creditors	29,597	12,643

Net cash (used in)/generated from operations	(74,556 )	34,429

2. Cash and cash equivalents

Cash and cash equivalents, as stated in the Statement of Cash Flows, relates to the following items in the Balance Sheet:

	2025	2024
	£	£
Cash at bank and in hand	971,352	1,017,927

3. Analysis of changes in net funds

	As at 1 January 2025	Cash flows	As at 31 December 2025
	£	£	£
Cash at bank and in hand	1,017,927	(46,575)	971,352

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MRP CAPITAL PARTNERS LIMITED

Notes to the Financial Statements

For The Year Ended 31 December 2025

Notes to the Financial Statements

1. General Information

MRP CAPITAL PARTNERS LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 14470906 . The registered office is 232-238 Bishopsgate, London, EC2M 4QD. The principal business activity of the company is that of investment advisory and intermediation of fixed income securities. and the Company is authorised by the Financial Conduct Authority.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial period represents the period from 1 January 2025 to 31 December 2025.

The comparative financial period represents the period from 1 January 2024 to 31 December 2024.

The presentational currency of the financial statements is Pound Sterling.

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the application of accounting policies and the reported amounts of assets, liabilities, income and expenses. Actual results may differ from estimates.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Significant judgements and estimations

The company does not have any significant judgements and estimates in place during the year ended

31 December 2025. There were no changes to accounting policies during the year.

2.4. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes commission income earned from providing investment advisory and intermediation of fixed income securities services.

2.5. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.

2.6. Financial Instruments

The company has elected to apply the provisions of Section 11 ’Basic Financial Instruments’ and Section 12 ’Other Financial Instruments issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the

contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is alegally 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.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method 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.

Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

...CONTINUED

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MRP CAPITAL PARTNERS LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.6. Financial Instruments - continued

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.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans and loans from related parties 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.

Financial liabilities classified as payable within one year are not amortised.

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

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities.

Trade creditors are recognised initially at transaction price andsubsequently measured at amortised cost using the effective interest method.

2.7. Interest Receivable

Interest receivable relates to interest earned from the company's savings and investment accounts. The interest is recognised on an accruals basis.

2.8. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.9. Taxation

The tax expense represents the sum of the tax currently payable and deferred tax. It is recognised in the statement of comprehensive income except to the extent that is relates to a business combination, or items recognised directly in equity or in equity through other comprehensive income.

Current tax

Current tax, including UK corporation tax and foreign tax, is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted or substantially enacted by the period end 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.

2.10. Other Receivables

Short-term debtors are measured at transaction price, less any impairment. Other receivable balances are

measured initially as fair value, net of transaction costs, and are measured subsequently at amortised cost using

the effective interest method, less any impairment.

2.11. Creditors

Short-term creditors are measured at transaction price. Other financial liabilities, including balances due to other

group companies, are measured initially as fair value, net of transaction costs, and are measured subsequently at

amortised cost using the effective interest method.

2.12. Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

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MRP CAPITAL PARTNERS LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

3. Turnover

Analysis of turnover by class of business is as follows:

	2025	2024
	£	£
Commission income	260,823	100,000

4. Auditor's Remuneration

Remuneration received by the company's auditors and their associates during the year was as follows:

	2025	2024
	£	£
Audit Services
Audit of the company's financial statements	2,200	2,000

5. Average Number of Employees

There were no staff costs recognised in the company during the year (2024: Nil). Average number of employees, including directors, during the year was:

5 (2024: 3)

6. Interest Receivable and Similar Income

	2025	2024
	£	£
Bank interest receivable	28,379	22,535
Other interest receivable	150	-

	28,529	22,535

7. Tax on Profit

	Tax Rate		2025	2024
The tax charge on the (loss)/profit for the year was as follows:
	2025	2024	£	£
Current tax
UK Corporation Tax	19.0%	19.0%	-	548


Total tax charge for the period			-	548


The actual charge for the year can be reconciled to the expected (credit)/charge for the year based on the (loss)/profit and the standard rate of corporation tax as follows:

...CONTINUED

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MRP CAPITAL PARTNERS LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

	2025	2024
	£	£
Profit before tax	(41,555)	44,321

Tax on profit at 19% (UK standard rate)	(7,895 )	8,421
Tax losses utilised	-	(7,873 )
Deferred tax from unrecognised tax loss or credit	7,895	-

Total tax charge for the period	-	548

8. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	34,069	-

9. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Corporation tax	-	548
Other taxes and social security	1,322	-
Net wages	7,297	-
Accruals	36,021	15,043

	44,640	15,591

10. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
1,000,000 Ordinary Shares of £ 1.00 each	1,000,000	1,000,000

11. Contingent Liabilities

There were no contingent liabilities as at the reporting date (2024: £Nil).

12. Reserves

Profit and loss reserves

Profit and loss reserves include all current and prior period retained profits and losses.

13. Post Balance Sheet Events

There are no post balance sheet events after the reporting date.

14. Related Party Disclosures

There were no related party transactions or balances during the year.

15. Controlling Parties

The company shares are owned by Posco Capital Partners PLC - 50% of the shares, Raju Kanubhai Kothari - 25% of the shares and Mehul Sudhir Sheth – 25% of the shares.

The company operations are jointly controlled by the above shareholders and there is no single ultimate controlling party.

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