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Registration number: 06509075

Liquid (UK) Limited
Unaudited Filleted Financial Statements
for the Year Ended 28 February 2026

Liquid (UK) Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 5

Liquid (UK) Limited

Company Information

Directors | Mrs J Pearson Mr M Pearson

Company secretary | Mrs J Pearson

Registered office | Centre House GEMBLING DRIFFIELD East Yorkshire YO25 8HS

Liquid (UK) Limited

(Registration number: 06509075)
Balance Sheet as at 28 February 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Investment property | 4 | 300,000 | 300,000
|  | 300,000 | 300,000
Current assets |  |  |
Debtors | 5 | 11,182 | 57,952
Cash at bank and in hand |  | 49,022 | 51,666
|  | 60,204 | 109,618
Creditors: Amounts falling due within one year | 6 | (3,380) | (3,577)
Net current assets |  | 56,824 | 106,041
Total assets less current liabilities |  | 356,824 | 406,041
Provisions for liabilities |  | (4,057) | (3,911)
Net assets |  | 352,767 | 402,130
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Other reserves |  | 60,722 | 60,722
Retained earnings |  | 291,945 | 341,308
Shareholders' funds |  | 352,767 | 402,130

For the financial year ending 28 February 2026 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 accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 19 May 2026 and signed on its behalf by:

......................................... Mr M Pearson Director

Liquid (UK) Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Centre House
GEMBLING
DRIFFIELD
East Yorkshire
YO25 8HS

These financial statements were authorised for issue by the Board on 19 May 2026.

2 | Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Liquid (UK) Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2025 - 2).

4 | Investment properties

| 2026 £
At 1 March | 300,000
At 28 February | 300,000

5 | Debtors

| 2026 £ | 2025 £
Prepayments | 70 | 545
Other debtors | 11,112 | 57,407
| 11,182 | 57,952

Liquid (UK) Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

6 | Creditors

Creditors: amounts falling due within one year

| 2026 £ | 2025 £
Due within one year |  |
Taxation and social security | 1,880 | 1,927
Accruals and deferred income | 1,500 | 1,650
| 3,380 | 3,577

7 | Related party transactions

Transactions with directors

2026 | At 1 March 2025 £ | Advances to director £ | Repayments by director £ | At 28 February 2026 £
Mr M Pearson
Directors Loan Account | 57,408 | 11,112 | (57,408) | 11,112

2025 | At 29 February 2024 £ | Advances to director £ | Repayments by director £ | At 28 February 2025 £
Mr M Pearson
Directors Loan Account | 118,245 | 40,540 | (101,377) | 57,408