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Registered number: 09419044 KENNEDY & THE SAINTS UK LIMITED DIRECTOR'S REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
KENNEDY & THE SAINTS UK LIMITED COMPANY INFORMATION
DIRECTOR | Mr M Losantos Ucha
REGISTERED NUMBER | 09419044
REGISTERED OFFICE | 126 Wigmore Street
| London
| W1U 3RZ
INDEPENDENT AUDITORS | Wilder Coe Ltd
| Chartered Accountants & Statutory Auditors
| 1st Floor Sackville House
| 143-149 Fenchurch Street
| London
| EC3M 6BL
KENNEDY & THE SAINTS UK LIMITED CONTENTS
| Page
Director's Report | 1 - 2
Independent Auditors' Report | 3 - 6
Statement of Comprehensive Income | 7
Balance Sheet | 8
Statement of Changes in Equity | 9
Notes to the Financial Statements | 10 - 15
KENNEDY & THE SAINTS UK LIMITED DIRECTOR'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 The director presents his report and the audited financial statements for the year ended 31 December 2025.
DIRECTOR'S RESPONSIBILITIES STATEMENT
The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations. Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the director must not approve the financial statements unless he is 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 these financial statements, the director is required to: ∙select suitable accounting policies for the Company's financial statements and then apply them consistently; ∙make judgments and accounting estimates that are reasonable and prudent; and ∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business. The director is 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 to enable him to ensure that the financial statements comply with the Companies Act 2006. He is 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.
DISCLOSURE OF INFORMATION TO AUDITORS
The director at the time when this Director's Report is approved has confirmed that: ∙so far as he is aware, there is no relevant audit information of which the Company's auditors are unaware, and ∙he has taken all the steps that ought to have been taken as a director in order to be aware of any relevant audit information and to establish that the Company's auditors are aware of that information.
DIRECTOR
The director who served during the year was: Mr M Losantos Ucha Page 1
KENNEDY & THE SAINTS UK LIMITED DIRECTOR'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025
AUDITORS
The auditors, Wilder Coe Ltd, will be proposed for reappointment in accordance with section 485 of the Companies Act 2006.
In preparing this report, the director has taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006. This report was approved by the board on 30 April 2026 and signed on its behalf.
Mr M Losantos Ucha Director
Page 2
KENNEDY & THE SAINTS UK LIMITED INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF KENNEDY & THE SAINTS UK LIMITED
OPINION
We have audited the financial statements of Kennedy & The Saints UK Limited (the 'Company') for the year ended 31 December 2025, which comprise the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity 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, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice). 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 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 Auditors' 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 United Kingdom, including the Financial Reporting Council'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 director's 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 Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director 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 Auditors' Report thereon. The director is 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. 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 course of 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. Page 3
KENNEDY & THE SAINTS UK LIMITED INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF KENNEDY & THE SAINTS UK LIMITED (CONTINUED)
OPINION 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 Director's Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and ∙the Director's Report has been prepared in accordance with applicable legal requirements.
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 Director's 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 and returns; or ∙certain disclosures of director's remuneration specified by law are not made; or ∙we have not received all the information and explanations we require for our audit; or ∙the director was not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemptions in preparing the Director's Report and from the requirement to prepare a Strategic Report.
RESPONSIBILITIES OF DIRECTORS
As explained more fully in the Director's Responsibilities Statement set out on page 1, the director is 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 director determines 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 director is 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 director either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so. Page 4
KENNEDY & THE SAINTS UK LIMITED INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF KENNEDY & THE SAINTS UK LIMITED (CONTINUED)
AUDITORS' 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 Auditors' 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. 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 extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: Discussions with and enquiries of management and those charged with governance were held with a view to identify those laws and regulations that could be expected to have a material impact on the financial statements. During the engagement team briefing, the outcomes of these discussions and enquiries were shared with the team, as well as consideration as to where and how fraud may occur in the entity. The following laws and regulations were identified as being of significance to the entity: ∙Those laws and regulations considered to have a direct effect on the financial statements include UK financial reporting standards, company law, tax and distributable profits legislation. ∙Those laws and regulations for which non-compliance may be fundamental to the operating aspects of the business and therefore may have a material effect on the financial statements include employment law, health and safety legislation and those that pertain to renting retail and residential properties. Audit procedures undertaken in response to potential risks relating to irregularities (which include fraud and non-compliance with laws and regulations) comprised of: enquiries of management and those charged with governance as to whether the entity complies with such laws and regulations; enquiries with the same concerning of any actual or potential litigations or claims; inspections of relevant legal correspondence; testing the appropriateness of journal entries; and the performance of analytical review to identify unexpected movements in account balances which may be indicative of fraud. No instances of material non-compliance were identified. However, the likelihood of detecting irregularities, including fraud, is limited by the inherent difficulty in detecting irregularities, the effectiveness of the entity's controls, and the nature, timing and extent of the audit procedures performed. Irregularities that result from fraud might be inherently more difficult to detect than irregularities that result from error. As explained above, there is an unavoidable risk that material misstatements may not be detected, even though the audit has been planned and performed in accordance with ISAs (UK). A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' Report. Page 5
KENNEDY & THE SAINTS UK LIMITED INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF KENNEDY & THE SAINTS UK LIMITED (CONTINUED)
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 we are required to state to them in an Auditors' 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. Caryl King BSc ACA (Senior Statutory Auditor) for and on behalf of Wilder Coe Ltd Chartered Accountants & Statutory Auditors 1st Floor Sackville House 143-149 Fenchurch Street London EC3M 6BL Date: 11 May 2026 Page 6
KENNEDY & THE SAINTS UK LIMITED STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 DECEMBER 2025
| 2025 | 2024
Note | £ | £
Turnover |  | 966,035 | 2,070,382
Administrative expenses |  | (191,856) | (1,166,983)
Revaluation loss |  | - | (2,802,114)
Other income and expenditure |  | 189,979 | (443,375)
OPERATING PROFIT/(LOSS) |  | 964,158 | (2,342,090)
Interest receivable and similar income |  | 787,795 | 1,207,294
Interest payable and similar expenses |  | (4,606) | (8,629)
PROFIT/(LOSS) ON ORDINARY ACTIVITIES BEFORE TAXATION |  | 1,747,347 | (1,143,425)
Taxation on profit/(loss) on ordinary activities | 6 | (431,192) | (500,312)
PROFIT/(LOSS) FOR THE FINANCIAL YEAR |  | 1,316,155 | (1,643,737)
The notes on pages 10 to 15 form part of these financial statements.
Page 7
KENNEDY & THE SAINTS UK LIMITED REGISTERED NUMBER: 09419044 BALANCE SHEET AS AT 31 DECEMBER 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
FIXED ASSETS |  |  |  |  |
Investment property | 7 |  | 20,400,000 |  | 24,400,000
CURRENT ASSETS |  |  |  |  |
Debtors: amounts falling due after more than one year | 8 | 15,260,120 |  | - |
Debtors: amounts falling due within one year | 8 | 923,660 |  | 1,026,764 |
Cash at bank and in hand |  | 26,446,873 |  | 36,110,921 |
|  | 42,630,653 |  | 37,137,685 |
Creditors: amounts falling due within one year | 9 | (507,475) |  | (364,377) |
NET CURRENT ASSETS |  |  | 42,123,178 |  | 36,773,308
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 62,523,178 |  | 61,173,308
Creditors: amounts falling due after more than one year | 10 |  | (74,152) |  | (40,437)
NET ASSETS |  |  | 62,449,026 |  | 61,132,871
CAPITAL AND RESERVES |  |  |  |  |
Allotted, called up and fully paid share capital |  |  | 3,000 |  | 3,000
Other reserves |  |  | 62,646,255 |  | 62,646,255
Profit and loss account |  |  | (200,229) |  | (1,516,384)
EQUITY SHAREHOLDERS' FUNDS |  |  | 62,449,026 |  | 61,132,871
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 30 April 2026.
Mr M Losantos Ucha
Director
Page 8

|  | KENNEDY & THE SAINTS UK LIMITED |
STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31 DECEMBER 2025
|  | Called up share capital | Other reserves | Profit and loss account | Total equity
|  | £ | £ | £ | £
| At 1 January 2024 | 3,000 | 70,796,255 | 127,353 | 70,926,608
| Comprehensive income for the year |  |  |  |
| Loss for the year | - | - | (1,643,737) | (1,643,737)
| Dividends declared and paid | - | (8,150,000) | - | (8,150,000)
| At 1 January 2025 | 3,000 | 62,646,255 | (1,516,384) | 61,132,871
| Comprehensive income for the year |  |  |  |
| Profit for the year | - | - | 1,316,155 | 1,316,155
| At 31 December 2025 | 3,000 | 62,646,255 | (200,229) | 62,449,026
| The notes on pages 10 to 15 form part of these financial statements.
Page 9

KENNEDY & THE SAINTS UK LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
1. | GENERAL INFORMATION
Kennedy & The Saints UK Limited (registered number: 09419044) is a private company limited by shares incorporated in England and Wales. The registered office and principal place of business is 126 Wigmore Street, London, W1U 3RZ. 2.ACCOUNTING POLICIES
| 2.1 | BASIS OF PREPARATION OF FINANCIAL STATEMENTS
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006 and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liabilities Partnerships'. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The following principal accounting policies have been applied:
| 2.2 | STATEMENT OF CASH FLOWS
The Company has taken advantage of the exemption in Financial Reporting Standard 102, Section 1A.7 from the requirement to produce a Statement of Cash Flows on the grounds that it is a small company.
| 2.3 | TURNOVER
Turnover represents the amount of property income receivable in the year, exclusive of VAT.
| 2.4 | INVESTMENT PROPERTY
Investment property, which is property held to earn rentals, is measured using the fair value model and stated at its fair value as at the reporting end date. The surplus or deficit on revaluation is recognised in the Statement of Comprehensive Income.
| 2.5 | DEBTORS
Short-term debtors are measured at transaction price, less any impairment.
| 2.6 | 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.
| 2.7 | CREDITORS
Short-term creditors are measured at the transaction price. Page 10
KENNEDY & THE SAINTS UK LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.ACCOUNTING POLICIES (CONTINUED)
| 2.8 | FOREIGN CURRENCY TRANSLATION
Functional and presentation currency The Company's functional and presentational currency is British Pound Sterling (GBP). Transactions and balances Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions. At each period-end, foreign currency monetary items are translated using the closing rate. Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the Statement of Comprehensive Income.
| 2.9 | FINANCIAL INSTRUMENTS
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares. Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. Financial assets that are 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 Statement of Comprehensive Income.
| 2.10 | TAXATION
Tax is recognised in the Statement of Comprehensive Income. The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date in the countries where the Company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance Sheet date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date. Page 11
KENNEDY & THE SAINTS UK LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.ACCOUNTING POLICIES (CONTINUED)
| 2.11 | OPERATING LEASES: THE COMPANY AS LESSEE
Rentals paid under operating leases are charged to the Statement of Comprehensive Income on a straight-line basis over the lease term.
| 2.12 | INTEREST INCOME
Interest income is recognised in the Statement of Comprehensive Income using the effective interest method.
| 2.13 | FINANCE COSTS
Finance costs are charged to the Statement of Comprehensive Income over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount.
3. | JUDGEMENTS IN APPLYING ACCOUNTING POLICIES AND KEY SOURCES OF ESTIMATION UNCERTAINTY
In the Company's key accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both the current and future periods.
4. | EMPLOYEES
| The average monthly number of employees, including directors, during the year was 2 (2024 - 1).
5. | REVALUATION LOSS
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Changes in the fair value of investment properties | - | (2,802,114)
Page 12
KENNEDY & THE SAINTS UK LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
6. | TAXATION
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| CORPORATION TAX |  |
| Current tax on profits for the year | 431,192 | 500,312
| FACTORS AFFECTING TAX CHARGE FOR THE YEAR
| The tax assessed for the year is lower than (2024 - higher than) the standard rate of corporation tax in the UK of 25% (2024 - 25%). The differences are explained below:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Profit/(loss) on ordinary activities before tax | 1,747,347 | (1,143,425)
| Profit/(loss) on ordinary activities multiplied by standard rate of corporation tax in the UK of 25% (2024 - 25%) | 436,837 | (285,856)
| EFFECTS OF: |  |
| Expenses not deductible for tax purposes | 27,456 | 288,029
| Capital allowances for year in excess of depreciation | (33,101) | (35,660)
| Impairment of investment properties | - | 412,500
| Changes in provisions leading to an increase in the tax charge | - | 513
| Creation of capital losses | - | 120,786
| TOTAL TAX CHARGE FOR THE YEAR | 431,192 | 500,312
| FACTORS THAT MAY AFFECT FUTURE TAX CHARGES
The company has capital losses totalling £2,127,045 (2024: £2,127,045) which are available to utilise against future capital gains of a similar nature. Page 13
KENNEDY & THE SAINTS UK LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
7. | INVESTMENT PROPERTY
|  | Freehold investment property
|  | £
| VALUATION |
| At 1 January 2025 | 24,400,000
| Disposals | (4,000,000)
| AT 31 DECEMBER 2025 | 20,400,000
Investment properties were revalued on 15 December 2023 by London Property Partners Limited, independent valuers not connected with the company, carrying out a valuation on the basis of open market value for existing use. The report concluded that there was no revaluation necessary. The director has reviewed the value of investment properties held as at 31 December 2025 and considers that this valuation is appropriate and that no revaluation gain or loss should be recognised for the current year.
8. | DEBTORS
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Due after more than one year |  |
| Amounts owed by group undertakings | 15,260,120 | -
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Due within one year |  |
| Other debtors | 520,401 | 616,550
| Prepayments and accrued income | 403,259 | 410,214
|  | 923,660 | 1,026,764
| Included in other debtors is an amount of £494,415 (2024: £465,900) owing to Kennedy & The Saints UK Limited from London Property Partners Limited, the Company's property managing agent. During the year, Kennedy & the Saints gave a loan of amount €17,500,000 to their ultimate controlling company, Maori European Holding SL, with interest of 3.15% charged and received quarterly on this balance. The term of the loan is 5 years, and repayment of the loan is due on 30 June 2030.
Page 14
KENNEDY & THE SAINTS UK LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 2,659 | -
| Corporation tax | 187,221 | -
| Other taxation and social security | 27,333 | 29,702
| Other creditors | 103,794 | 103,794
| Accruals and deferred income | 186,468 | 230,881
|  | 507,475 | 364,377
10. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other creditors | 74,152 | 40,437
11. | RELATED PARTY TRANSACTIONS
| The company has taken advantage of the exemption available in accordance with Financial Reporting Standard 102 Section 1A (para 1AC.35) not to disclose transactions entered into between two or more members of a group, as the company is a wholly owned subsidiary undertaking of the group to which it is party to the transactions.
12. | PARENT COMPANY
The ultimate and controlling party is Maori European Holding SL, a company incorporated in Spain, whose consolidated financial statements include the results of Kennedy & The Saints UK Limited. Copies of the consolidated financial statements are available from the registered office of Carretera de Fuencarral a Alcobendas, M-603, Km, 3800, Spain.
Page 15