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REGISTERED NUMBER: 11668411 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

Timeriver Limited

Timeriver Limited (Registered number: 11668411)

Contents of the Financial Statements

for the Year Ended 31 December 2024

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Timeriver Limited

Company Information

for the Year Ended 31 December 2024

| DIRECTOR: | D H Kollmann

| REGISTERED OFFICE: | C/O Price & Accountants Ltd.

| Wework

| 1 Fore Street Avenue

| London

| EC2Y 9DT

| REGISTERED NUMBER: | 11668411 (England and Wales)

| ACCOUNTANTS: | Price & Accountants Ltd

| WeWork

| 1 Fore Street Avenue

| London

| EC2Y 9DT

Timeriver Limited (Registered number: 11668411)

Balance Sheet

31 December 2024

| 31.12.24 | 31.12.23 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investments | 4 | 10,211,044 |  | 10,211,043 |  |

CURRENT ASSETS

Debtors | 5 | 302,719 |  | 169,153 |  |

Prepayments and accrued income | 806 |  | - |  |

303,525 |  | 169,153 |  |

CREDITORS

Amounts falling due within one year | 6 | 10,471,359 |  | 7,845,780 |  |

NET CURRENT LIABILITIES | (10,167,834 | ) | (7,676,627 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 43,210 |  | 2,534,416 |  |

CREDITORS

Amounts falling due after more than one year | 7 | 575,665 |  | 2,817,614 |  |

NET LIABILITIES | (532,455 | ) | (283,198 | ) |

CAPITAL AND RESERVES

Called up share capital | 150,000 |  | 150,000 |  |

Retained earnings | (682,455 | ) | (433,198 | ) |

(532,455 | ) | (283,198 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Timeriver Limited (Registered number: 11668411)

Balance Sheet - continued

31 December 2024

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 28 April 2026 and were signed by:

D H Kollmann - Director

Timeriver Limited (Registered number: 11668411)

Notes to the Financial Statements

for the Year Ended 31 December 2024

1. | STATUTORY INFORMATION

| Timeriver Limited 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.

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost.

| Foreign currencies

| 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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2023 - NIL ) .

4. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertakings

£ |

| COST

| At 1 January 2024 | 10,211,043 |  |

| Additions | 1 |  |

| At 31 December 2024 | 10,211,044 |  |

| NET BOOK VALUE

| At 31 December 2024 | 10,211,044 |  |

| At 31 December 2023 | 10,211,043 |  |

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

| 31.12.24 |  | 31.12.23

£ | £ |

| Amounts owed by group undertakings | 133,619 |  | - |  |

| Other debtors | 169,100 |  | 169,153 |  |

302,719 |  | 169,153 |  |

Timeriver Limited (Registered number: 11668411)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

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

| 31.12.24 |  | 31.12.23

£ | £ |

| Bank loans and overdrafts | 182 |  | 531 |  |

| Trade creditors | 35,604 |  | 79,851 |  |

| Amounts owed to group undertakings | 4,283,338 |  | 233,082 |  |

| Other creditors | 6,152,235 |  | 7,532,316 |  |

10,471,359 |  | 7,845,780 |  |

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

| 31.12.24 |  | 31.12.23

£ | £ |

| Amounts owed to group undertakings | 575,665 |  | - |  |

| Other creditors | - |  | 2,817,614 |  |

575,665 |  | 2,817,614 |  |

8. | ULTIMATE CONTROLLING PARTY

| The controlling party is Hubert Freidl.