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REGISTERED NUMBER: 06849368 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE PERIOD 1 JANUARY 2024 TO 29 DECEMBER 2024 |

| FOR |

| SANTI & SANTI LIMITED |

| SANTI & SANTI LIMITED (REGISTERED NUMBER: 06849368) |

CONTENTS OF THE FINANCIAL STATEMENTS

for the period 1 January 2024 to 29 December 2024

Page |

| Company Information | 1 |

| Abridged Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| SANTI & SANTI LIMITED |

COMPANY INFORMATION

for the period 1 January 2024 to 29 December 2024

| DIRECTOR: | Mr L F Santi

| REGISTERED OFFICE: | 19-20 Bourne Court

| Southend Road

| Woodford Green

| Essex

| IG8 8HD

| REGISTERED NUMBER: | 06849368 (England and Wales)

| ACCOUNTANTS: | Raffingers Holdings Limited

| Chartered Accountants

| 19-20 Bourne Court

| Southend Road

| Woodford Green

| Essex

| IG8 8HD

| SANTI & SANTI LIMITED (REGISTERED NUMBER: 06849368) |

ABRIDGED BALANCE SHEET

29 December 2024

| 2024 | 2023 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 5,636,644 |  | 5,600,889 |  |

CURRENT ASSETS

Stocks | 31,000 |  | 21,000 |  |

Debtors | 1,809,276 |  | 1,019,967 |  |

Cash at bank | 12,771 |  | 6,646 |  |

1,853,047 |  | 1,047,613 |  |

CREDITORS

Amounts falling due within one year | 2,271,741 |  | 1,798,086 |  |

NET CURRENT LIABILITIES | (418,694 | ) | (750,473 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 5,217,950 |  | 4,850,416 |  |

CREDITORS

Amounts falling due after more than one year | 5 | (969,184 | ) | (821,113 | ) |

PROVISIONS FOR LIABILITIES | (761,783 | ) | (760,873 | ) |

NET ASSETS | 3,486,983 |  | 3,268,430 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Fair value reserve | 2,425,309 |  | 2,425,309 |  |

Retained earnings | 1,061,574 |  | 843,021 |  |

3,486,983 |  | 3,268,430 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 December 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 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.

| SANTI & SANTI LIMITED (REGISTERED NUMBER: 06849368) |

ABRIDGED BALANCE SHEET - continued

29 December 2024

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the period ended 29 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 5 May 2026 and were signed by:

Mr L F Santi - Director

| SANTI & SANTI LIMITED (REGISTERED NUMBER: 06849368) |

NOTES TO THE FINANCIAL STATEMENTS

for the period 1 January 2024 to 29 December 2024

1. | STATUTORY INFORMATION

| Santi & Santi 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

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.

| The accounts have been prepared on thegoingconcernbasis as the director is of the opinion that the company will meet its liabilities as and when due, due to the continued support of the director.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Tangible fixed assets

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

| Freehold property | - | Not provided

| Fixtures and fittings | - | 10% on cost

| The director is of the opinion that the value of the freehold property will appreciate in the future and therefore consider it inappropriate to depreciate the freehold property in accordance with the requirements of FRS102 1A.

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| 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.

| SANTI & SANTI LIMITED (REGISTERED NUMBER: 06849368) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the period 1 January 2024 to 29 December 2024

2. | ACCOUNTING POLICIES - continued

| 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.

| Short term debtors and creditors

| Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

| Loans and borrowings

| Loans and borrowings are initially recognised at the transaction price including transactions costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was 40 (2023 - 40 ) .

4. | TANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 January 2024 | 6,001,641 |  |

| Additions | 54,214 |  |

| At 29 December 2024 | 6,055,855 |  |

| DEPRECIATION

| At 1 January 2024 | 400,752 |  |

| Charge for period | 18,459 |  |

| At 29 December 2024 | 419,211 |  |

| NET BOOK VALUE

| At 29 December 2024 | 5,636,644 |  |

| At 31 December 2023 | 5,600,889 |  |

5. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS |

2024 | 2023 |

£ | £ |

| Repayable by instalments

| Bank loans | 687,264 |  | 539,193 |  |

| SANTI & SANTI LIMITED (REGISTERED NUMBER: 06849368) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the period 1 January 2024 to 29 December 2024

6. | SECURED DEBTS

| The following secured debts are included within creditors:

2024 | 2023 |

£ | £ |

| Bank loans | 1,039,664 |  | 891,593 |  |

| The bank loan issecuredby a fixed charge on the company’s freehold property.

7. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the period ended 29 December 2024 and the year ended 31 December 2023:

2024 | 2023 |

£ | £ |

| Mr L F Santi

| Balance outstanding at start of period | 56,982 |  | - |  |

| Amounts advanced | - |  | 56,982 |  |

| Amounts repaid | (56,982 | ) | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of period | - |  | 56,982 |  |

8. | RELATED PARTY DISCLOSURES

| At the balance sheet date, the company was owed £873,636 (2023: £388,471) by AS Marylebone Limited, £209,743 (2023: £69,425) by ASM Thayer Limited, £144,875 by (2023: owed £314,126 to) MLG Holdings Limited and £321,152 (2023: £254,993) by Santi & Santi Uxbridge Limited, companies with common directors and shareholders.

| At the balance sheet date, the company owed £676,417 (2023: £144,926) to Santi & Santi Holdings Limited and £2,563 (2023: £2,563) to Marmalade Limited, companies with common directors and shareholders.

| During the year company paid management fees of £356,000 (2023 - £250,000) to companies connected by virtue of common directorship.