Company No: 07100165 (England and Wales)

Contents

• Statement of Financial Position
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	51,708		26,649
		51,708		26,649
Current assets
Debtors	4	1,036,759		881,206
Cash at bank and in hand	5	444,969		569,092
		1,481,728		1,450,298
Creditors: amounts falling due within one year	6	( 1,128,547)		( 902,083)
Net current assets		353,181		548,215
Total assets less current liabilities		404,889		574,864
Creditors: amounts falling due after more than one year	7	( 15,781)		( 20,038)
Net assets		389,108		554,826
Capital and reserves
Called-up share capital	8	36,712		36,712
Share premium account		6,137,561		6,137,561
Other reserves		54,578		130,000
Profit and loss account		( 5,839,743 )		( 5,749,447 )
Total shareholder's funds		389,108		554,826

For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Executives Place Limited (registered number: 07100165) were approved and authorised for issue by the Board of Directors. They were signed on its behalf by:

Joseph Hillel Blass Director

05 May 2026

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Executives Place Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is Churchill House, 137-139 Brent Street, London, NW4 4DJ, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The financial statements have been prepared on the going concern basis, which assumes that the Company will continue to trade for the foreseeable future, being a period of at least twelve months from the date of approval of these financial statements and will be able to meet its debts as they fall due.

The directors are confident that the Company's access to working capital and future profit generation will be sufficient to support the business in the foreseeable future, and accordingly, consider it appropriate to prepare the financial statements on a going concern basis.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Statement of Financial Position date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Plant and machinery etc.	4 - 5 years straight line
	25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the company during the year, including directors	55		48

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 January 2025	64,717		64,717
Additions	53,494		53,494
Disposals	( 9,427)		( 9,427)
At 31 December 2025	108,784		108,784
Accumulated depreciation
At 01 January 2025	38,068		38,068
Charge for the financial year	23,311		23,311
Disposals	( 4,303)		( 4,303)
At 31 December 2025	57,076		57,076
Net book value
At 31 December 2025	51,708		51,708
At 31 December 2024	26,649		26,649

4. Debtors

	2025		2024
	£		£
Trade debtors	588,943		483,437
Corporation tax	405,402		390,269
Other debtors	42,414		7,500
	1,036,759		881,206

5. Cash and cash equivalents

	2025		2024
	£		£
Cash at bank and in hand	444,969		569,092

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	4,261		4,156
Trade creditors	32,133		44,543
Other taxation and social security	235,603		178,317
Other creditors	856,550		675,067
	1,128,547		902,083

7. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	15,781		20,038

There are no amounts included above in respect of which any security has been given by the small entity.

Amounts repayable after more than 5 years are included in creditors falling due over one year:

	2025		2024
	£		£
Bank loans	0		2,336

8. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
36,712 Ordinary shares of £ 1.00 each	36,712		36,712

9. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

	2025		2024
	£		£
within one year	30,752		30,752
between one and five years	5,000		35,520
Total future minimum lease payments under non-cancellable operating leases	35,752		66,272

Pensions

The company operates a defined contribution pension scheme for the directors and employees. The assets of the scheme are held separately from those of the company in an independently administered fund.

	2025		2024
	£		£
Unpaid contributions due to the fund (inc. in other creditors)	110		4,197