Company No: 15192413 (England and Wales)

Contents

• Statement of Financial Position
• Notes to the Financial Statements

	Note	31.12.2025		31.10.2024
		£		£
Fixed assets
Tangible assets	3	795,576		0
Investments	4	180		0
		795,756		0
Current assets
Debtors	5	431		1
Cash at bank and in hand		3,481		0
		3,912		1
Creditors: amounts falling due within one year	6	( 4,543)		0
Net current (liabilities)/assets		(631)		1
Total assets less current liabilities		795,125		1
Creditors: amounts falling due after more than one year	7	( 795,235)		0
Net (liabilities)/assets		( 110)		1
Capital and reserves
Called-up share capital	8	180		1
Profit and loss account		( 290 )		0
Total shareholders' (deficit)/funds		( 110)		1

For the financial period 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 members have not required the Company to obtain an audit of its financial statements for the financial period 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 Hermes House Holdings Limited (registered number: 15192413) were approved and authorised for issue by the Board of Directors on 28 May 2026. They were signed on its behalf by:

Mr M W Jansen Director

1. Accounting policies

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

General information and basis of accounting

Hermes House Holdings 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 2 Queens Avenue, Bristol, BS8 1SE, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and 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 directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors note that the business has net liabilities of £110. The Company is supported through loans from the Subsidiary Company. The directors have received assurances that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the Subsidiary Company will continue to support the Company. After making enquiries, the directors believe that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

Reporting period length

The reporting period length was extended to 31 December 2025 to align with the year end of the trading subsidiary.

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 deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided on all tangible fixed assets, other than investment properties 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:

Land and buildings	50 years straight line
Office equipment	4 years straight line
Computer equipment	4 years straight line

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.

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.

Non-financial assets
At each balance sheet date, the Company reviews its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss.

If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). The recoverable amount of an asset is the higher of its fair value less costs to sell and its value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

Where it is not possible to estimate the recoverable amount of an individual asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

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.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Employees

	Period from 01.11.2024 to 31.12.2025		Period from 06.10.2023 to 31.10.2024
	Number		Number
Monthly average number of persons employed by the Company during the period, including directors	2		2

3. Tangible assets

	Land and buildings		Office equipment		Computer equipment		Total
	£		£		£		£
Cost
At 01 November 2024	0		0		0		0
Additions	795,235		687		5,363		801,285
At 31 December 2025	795,235		687		5,363		801,285
Accumulated depreciation
At 01 November 2024	0		0		0		0
Charge for the financial period	5,302		43		364		5,709
At 31 December 2025	5,302		43		364		5,709
Net book value
At 31 December 2025	789,933		644		4,999		795,576
At 31 October 2024	0		0		0		0

The Land and buildings are secured by a cross-group security arrangement.

4. Fixed asset investments

Investments in subsidiaries

	31.12.2025
	£
Cost
At 01 November 2024	0
Additions	180
At 31 December 2025	180
Carrying value at 31 December 2025	180
Carrying value at 31 October 2024	0

5. Debtors

	31.12.2025		31.10.2024
	£		£
VAT recoverable	431		0
Other debtors	0		1
	431		1

6. Creditors: amounts falling due within one year

	31.12.2025		31.10.2024
	£		£
Trade creditors	2,293		0
Accruals	2,250		0
	4,543		0

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

	31.12.2025		31.10.2024
	£		£
Amounts owed to Group undertakings	795,235		0

8. Called-up share capital

	31.12.2025		31.10.2024
	£		£
Allotted, called-up and fully-paid
90 A Ordinary shares of £ 1.00 each (31.10.2024: nil shares)	90		0
90 B Ordinary shares of £ 1.00 each (31.10.2024: nil shares)	90		0
Nil Ordinary share (31.10.2024: 1 share of £ 1.00 )	0		1
	180		1

On 22 May 2025, the existing Ordinary share of £1 each was reclassified as an Ordinary A Share of £1 each. On the same date, an additional 89 Ordinary A shares of £1 each were issued along with 90 Ordinary B Shares of £1 each, at par, as part of a share for share exchange.

9. Related party transactions

Other related party transactions

	31.12.2025		31.10.2024
	£		£
Amounts owed to Group undertakings	795,235		0