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REGISTERED NUMBER: 05030586 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31 March 2025 |

| for |

| Sovereign Crest Limited |

Sovereign Crest Limited (Registered number: 05030586)

Contents of the Financial Statements

for the Year Ended 31 March 2025

| Page |

Company information | 1 |

Statement of financial position | 2 |  | to |  | 3

Notes to the financial statements | 4 |  | to |  | 8

Sovereign Crest Limited

Company Information

for the Year Ended 31 March 2025

| Directors: | M Philby

| N K Smith

| Registered office: | 3 Stadium Business Court

| Millennium Way

| Pride Park

| Derby

| DE24 8HP

| Registered number: | 05030586 (England and Wales)

| Accountants: | Moore Thompson

| Bank House

| Broad Street

| Spalding

| Lincolnshire

| PE11 1TB

Sovereign Crest Limited (Registered number: 05030586)

Statement of Financial Position

31 March 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

Fixed assets

Tangible assets | 5 | 276,765 |  | 326,942 |  |

Investments | 6 | 3,199,960 |  | 199,960 |  |

Investment property | 7 | 8,557,120 |  | 8,696,800 |  |

12,033,845 |  | 9,223,702 |  |

Current assets

Stocks | 1,515,680 |  | 1,609,770 |  |

Debtors | 8 | 26,146,886 |  | 32,155,309 |  |

Cash at bank | 1,565,297 |  | 2,950,541 |  |

29,227,863 |  | 36,715,620 |  |

Creditors

Amounts falling due within one year | 9 | 5,152,429 |  | 5,718,673 |  |

Net current assets | 24,075,434 |  | 30,996,947 |  |

Total assets less current liabilities | 36,109,279 |  | 40,220,649 |  |

Creditors

Amounts falling due after more than one year | 10 | (1,181,092 | ) | (1,181,092 | ) |

Provisions for liabilities | (450,666 | ) | (468,481 | ) |

Net assets | 34,477,521 |  | 38,571,076 |  |

Capital and reserves

Called up share capital | 12 | 1 |  | 1 |  |

Non-distributable reserves | 1,090,394 |  | 1,160,234 |  |

Retained earnings | 33,387,126 |  | 37,410,841 |  |

Shareholders' funds | 34,477,521 |  | 38,571,076 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Sovereign Crest Limited (Registered number: 05030586)

Statement of Financial Position - continued

31 March 2025

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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 May 2026 and were signed on its behalf by:

M Philby - Director

Sovereign Crest Limited (Registered number: 05030586)

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | Statutory information

| Sovereign Crest 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. | Statement of compliance

| 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.

3. | Accounting policies

| Basis of preparing the financial statements

| The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

| Tangible fixed assets

| Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of the asset as follows:

| Plant and machinery |  | 20% reducing balance |  |

| Fixtures and fittings |  | 15% reducing balance |  |

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| 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 year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Sovereign Crest Limited (Registered number: 05030586)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

3. | Accounting policies - continued

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 year 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.

| 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.

4. | Employees and directors

| The average number of employees during the year was 1 (2024 - 1 ) .

5. | Tangible fixed assets

| Fixtures |

| Plant and |  | and |  | Computer |

| machinery |  | fittings |  | equipment |  | Totals

£ | £ | £ | £ |

| Cost

| At 1 April 2024 | 100,496 |  | 422,247 |  | - |  | 522,743 |  |

| Additions | - |  | - |  | 2,330 |  | 2,330 |  |

| At 31 March 2025 | 100,496 |  | 422,247 |  | 2,330 |  | 525,073 |  |

| Depreciation

| At 1 April 2024 | 36,179 |  | 159,622 |  | - |  | 195,801 |  |

| Charge for year | 12,863 |  | 39,394 |  | 250 |  | 52,507 |  |

| At 31 March 2025 | 49,042 |  | 199,016 |  | 250 |  | 248,308 |  |

| Net book value

| At 31 March 2025 | 51,454 |  | 223,231 |  | 2,080 |  | 276,765 |  |

| At 31 March 2024 | 64,317 |  | 262,625 |  | - |  | 326,942 |  |

6. | Fixed asset investments

2025 | 2024 |

£ | £ |

| Other investments not loans | 3,199,960 |  | 199,960 |  |

Sovereign Crest Limited (Registered number: 05030586)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

6. | Fixed asset investments - continued

| Additional information is as follows:

| Other

| investments

£ |

| Cost

| Additions | 3,000,000 |  |

| At 31 March 2025 | 3,000,000 |  |

| Net book value

| At 31 March 2025 | 3,000,000 |  |

| Investments (neither listed nor unlisted) were as follows:

2025 | 2024 |

£ | £ |

| IPro Sport Holdings Limited | 199,960 |  | 199,960 |  |

7. | Investment property

| Total

£ |

| Fair value

| At 1 April 2024 | 8,696,800 |  |

| Disposals | (155,000 | ) |

| Revaluations | 15,320 |  |

| At 31 March 2025 | 8,557,120 |  |

| Net book value

| At 31 March 2025 | 8,557,120 |  |

| At 31 March 2024 | 8,696,800 |  |

| Fair value at 31 March 2025 is represented by:

£ |

| Valuation in 2023 | 1,546,978 |  |

| Valuation in 2025 | (9,680 | ) |

| Cost | 7,019,822 |  |

8,557,120 |  |

8. | Debtors: amounts falling due within one year |

2025 | 2024 |

£ | £ |

| Other debtors | 26,146,886 |  | 32,155,309 |  |

Sovereign Crest Limited (Registered number: 05030586)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

9. | Creditors: amounts falling due within one year |

2025 | 2024 |

£ | £ |

| Trade creditors | 11,898 |  | - |  |

| Amounts owed to group undertakings | 28,397 |  | - |  |

| Taxation and social security | 140,163 |  | 1,680,020 |  |

| Other creditors | 4,971,971 |  | 4,038,653 |  |

5,152,429 |  | 5,718,673 |  |

10. | Creditors: amounts falling due after more than one year |

2025 | 2024 |

£ | £ |

| Bank loans | 1,181,092 |  | 1,181,092 |  |

11. | Secured debts

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Bank loans | 1,181,092 |  | 1,181,092 |  |

| Bank loans are secured by fixed charges over the assets concerned.

12. | Called up share capital

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 1 | Ordinary | 1 | 1 |  | 1 |  |

13. | Directors' advances, credits and guarantees

| The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025 | 2024 |

£ | £ |

| N K Smith

| Balance outstanding at start of year | 4,313,086 |  | 392,107 |  |

| Amounts advanced | 2,341,616 |  | 3,920,979 |  |

| Amounts repaid | (4,508,713 | ) | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 2,145,989 |  | 4,313,086 |  |

| Interest charged at commercial rate of 2.25%

Sovereign Crest Limited (Registered number: 05030586)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

14. | Related party disclosures

| Included within other debtors are amounts owed by other related parties totalling £16,254,851 (2024:£19,469,842)

| Included within other creditors are amounts owed to other related parties totalling £4,963,527 (2024:£4,029,368)

| No interest is charged on these amounts.