REGISTERED NUMBER: 10930197 (England and Wales)

Soho Collection 2 Ltd

Unaudited Financial Statements for the Year Ended 31 December 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A D Barouh

Mr M P Norman

REGISTERED OFFICE:

33a Dean Street

London

W1D 4PP

REGISTERED NUMBER:

10930197 (England and Wales)

ACCOUNTANTS:

Elemental CoSec Limited

27 Old Gloucester Street

London

WC1N 3AX

FIXED ASSETS

Tangible assets

5

2,535

3,662

Investment property

6

7,446,479

7,446,479

7,449,014

7,450,141

CURRENT ASSETS

Debtors

7

50,244

28,471

Cash at bank

79,892

165,037

130,136

193,508

CREDITORS

Amounts falling due within one year

8

25,982

180,471

NET CURRENT ASSETS

104,154

13,037

TOTAL ASSETS LESS CURRENT LIABILITIES

7,553,168

7,463,178

CREDITORS

Amounts falling due after more than one year

9

8,705,944

8,485,944

NET LIABILITIES

(1,152,776

)

(1,022,766

)

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

(1,152,876

)

(1,022,866

)

SHAREHOLDERS' FUNDS

(1,152,776

)

(1,022,766

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 May 2026 and were signed on its behalf by:

Mr M P Norman - Director

1.	STATUTORY INFORMATION

Soho Collection 2 Ltd 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.

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.

Judgements and key sources of estimation uncertainty

In the application of the Company's accounting policies, the directors are required to make judgments, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The Directors do not consider there are any critical judgments or sources of estimation uncertainty requiring disclosure beyond the accounting policies listed below.

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.

Plant and machinery etc

-

25% on cost

Investment property

Investment properties are held at cost and are neither revalued at the balance sheet date nor depreciated.

4.	EMPLOYEES AND DIRECTORS

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

5.	TANGIBLE FIXED ASSETS

Office

Equipment

£

COST

At 1 January 2025

and 31 December 2025

4,510

DEPRECIATION

At 1 January 2025

848

Charge for year

1,127

At 31 December 2025

1,975

NET BOOK VALUE

At 31 December 2025

2,535

At 31 December 2024

3,662

6.	INVESTMENT PROPERTY

Total

£

COST

At 1 January 2025

and 31 December 2025

7,446,479

NET BOOK VALUE

At 31 December 2025

7,446,479

At 31 December 2024

7,446,479

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

42,556

13,015

Amounts owed by group undertakings

-

9,306

Other debtors

7,688

6,150

50,244

28,471

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

8,705

1,501

Amounts owed to group undertakings

-

111,191

Taxation and social security

-

6,101

Other creditors

17,277

61,678

25,982

180,471

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Amounts owed to group undertakings

8,705,944

8,485,944

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

100

Ordinary

1

100

100

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Kodama Investments Ltd., Zurich..

The ultimate parent company is:

Kodama Investments Ltd.

c/o KENDRIS AG

Gotthardstrasse 26

6300 Zug

Switzerland