ARKAL Limited

	Page
Accountant's Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—6

Report to the director on the preparation of the unaudited statutory accounts of ARKAL Limited For The Year Ended 15 December 2025

To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of ARKAL Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.

As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made to the director of ARKAL Limited , as a body, in accordance with the terms of our engagement letter dated 02/02/2026. Our work has been undertaken solely to prepare for your approval the accounts of ARKAL Limited and state those matters that we have agreed to state to the director of ARKAL Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than ARKAL Limited and its director as a body for our work or for this report.

It is your duty to ensure that ARKAL Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of ARKAL Limited . You consider that ARKAL Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of ARKAL Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

26th March 2026

Ascendis Group

Chartered Certified Accountants, Taxation and Business Advisors

Unit 3, Building 2, The Colony Wilmslow

Altrincham Road

Wilmslow

SK9 4LY

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ARKAL Limited

Balance Sheet

As At 15 December 2025

Balance Sheet

Registered number: 10823755

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		80,425		-
Tangible Assets	5		1,317		2,173

			81,742		2,173
CURRENT ASSETS
Debtors	6	18,337		57,253
Cash at bank and in hand		8,509		2,379

		26,846		59,632
Creditors: Amounts Falling Due Within One Year	7	(114,741 )		(23,516 )

NET CURRENT ASSETS (LIABILITIES)			(87,895 )		36,116

TOTAL ASSETS LESS CURRENT LIABILITIES			(6,153 )		38,289

PROVISIONS FOR LIABILITIES
Deferred Taxation			-		(543 )

NET (LIABILITIES)/ASSETS			(6,153 )		37,746

CAPITAL AND RESERVES
Called up share capital	9		10		10
Revaluation reserve			(36,252 )		-
Profit and Loss Account			30,089		37,736

SHAREHOLDERS' FUNDS			(6,153)		37,746

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ARKAL Limited

Balance Sheet (continued)

As At 15 December 2025

For the year ending 15 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Rajiv Kalia

Director

26th March 2026

The notes on pages 4 to 6 form part of these financial statements.

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ARKAL Limited

Notes to the Financial Statements

For The Year Ended 15 December 2025

Notes to the Financial Statements

1. General Information

ARKAL Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10823755 . The registered office is Unit 3, Building 2, The Colony Wilmslow, Altrincham Road, Wilmslow, Cheshire, SK9 4LY.

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 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The accounts have been prepared on a going concern basis. This assumption may not be valid since at the balance sheet date the company has net liabilities of £6,153. The validity of the going concern assumption therefore depends on the continued support of the directors, suppliers and the companies bankers and other providers of finance

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.4. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangibles assets comprise crypto assets. Crypto assets are initially recognised at cost at the time of acquisition and then carried at fair value derived from their relevant going market rate where an active market exists. If no active market exists, they are stated at cost less amortisation (over their useful economic life of 10 years) with impairment charges made where necessary.

For those stated at fair value, revaluations are carried out on a yearly basis at the year end date. Increases in the fair value of crypto assets are recognised in a revaluation reserve via Other Comprehensive Income except where they reverse a revaluation decrease of the same asset previously recognised in profit or loss. Revaluation losses are also recognised in a revaluation reserve via Other Comprehensive Income to the extent of any previously recognised revaluation gains in respect of that asset, but any excess is recognised in the profit or loss account.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	33% reducing balance method
Computer Equipment	33% straight line method

2.6. 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.

2.7. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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ARKAL Limited

Notes to the Financial Statements (continued)

For The Year Ended 15 December 2025

2.7. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

2.8. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 2)

4. Intangible Assets

	Other
	£
Cost or Valuation
As at 16 December 2024	-
Additions	125,180
Revaluations	(44,755 )

As at 15 December 2025	80,425

Net Book Value
As at 15 December 2025	80,425

As at 16 December 2024	-

5. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 16 December 2024	450	6,907	7,357

As at 15 December 2025	450	6,907	7,357

Depreciation
As at 16 December 2024	152	5,032	5,184
Provided during the period	99	757	856

As at 15 December 2025	251	5,789	6,040

Net Book Value
As at 15 December 2025	199	1,118	1,317

As at 16 December 2024	298	1,875	2,173

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ARKAL Limited

Notes to the Financial Statements (continued)

For The Year Ended 15 December 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Amounts owed by group undertakings	-	42,500
Other debtors	7,477	14,753

	7,477	57,253
Due after more than one year
Other debtors	10,860	-

	18,337	57,253

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Amounts owed to participating interests	85,500	-
Other creditors	19,699	1,496
Taxation and social security	9,542	22,020

	114,741	23,516

8. Provisions for Liabilities


	Deferred Tax	Total
	£	£
As at 16 December 2024	543	543
Deferred taxation	(11,403 )	(11,403 )

Balance at 15 December 2025	(10,860 )	(10,860)

9. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
10 Ordinary Shares of £ 1 each	10	10

10. Related Party Transactions

Peralia Properties

Related entity

Within the accounts, there is a loan of £85,500 from Peralia Properties to Arkal

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