Silverfin false false 31/12/2025 01/01/2025 31/12/2025 Mr D R Kearney 18/02/2011 Mr A S Patterson 31/03/2010 Mr A Pennie 28/10/2025 15 May 2026 The principal activity of the Company continued to be that of advisors of retirement planning. SC376080 2025-12-31 SC376080 bus:Director1 2025-12-31 SC376080 bus:Director2 2025-12-31 SC376080 bus:Director3 2025-12-31 SC376080 core:CurrentFinancialInstruments 2025-12-31 SC376080 core:CurrentFinancialInstruments 2024-12-31 SC376080 2024-12-31 SC376080 core:ShareCapital 2025-12-31 SC376080 core:ShareCapital 2024-12-31 SC376080 core:RetainedEarningsAccumulatedLosses 2025-12-31 SC376080 core:RetainedEarningsAccumulatedLosses 2024-12-31 SC376080 core:ImmediateParent core:CurrentFinancialInstruments 2025-12-31 SC376080 core:ImmediateParent core:CurrentFinancialInstruments 2024-12-31 SC376080 bus:OrdinaryShareClass1 2025-12-31 SC376080 2025-01-01 2025-12-31 SC376080 bus:FilletedAccounts 2025-01-01 2025-12-31 SC376080 bus:SmallEntities 2025-01-01 2025-12-31 SC376080 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 SC376080 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 SC376080 bus:Director1 2025-01-01 2025-12-31 SC376080 bus:Director2 2025-01-01 2025-12-31 SC376080 bus:Director3 2025-01-01 2025-12-31 SC376080 2024-01-01 2024-12-31 SC376080 core:CurrentFinancialInstruments 2025-01-01 2025-12-31 SC376080 bus:OrdinaryShareClass1 2025-01-01 2025-12-31 SC376080 bus:OrdinaryShareClass1 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: SC376080 (Scotland)

# THE DRAWDOWN PARTNERSHIP LIMITED

### UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2025
PAGES FOR FILING WITH THE REGISTRAR

THE DRAWDOWN PARTNERSHIP LIMITED

## UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2025

Contents

THE DRAWDOWN PARTNERSHIP LIMITED

## BALANCE SHEET

AS AT 31 DECEMBER 2025
THE DRAWDOWN PARTNERSHIP LIMITED

## BALANCE SHEET (continued)

AS AT 31 DECEMBER 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Current assets |  |  |  |
Debtors | 3 | 838 |  | 4,430
Cash at bank and in hand |  | 114,999 |  | 113,238
|  | 115,837 |  | 117,668
Creditors: amounts falling due within one year | 4 | ( 51,356) |  | ( 63,964)
Net current assets |  | 64,481 |  | 53,704
Total assets less current liabilities |  | 64,481 |  | 53,704
Net assets |  | 64,481 |  | 53,704
Capital and reserves |  |  |  |
Called-up share capital | 5 | 1 |  | 1
Profit and loss account |  | 64,480 |  | 53,703
Total shareholder's funds |  | 64,481 |  | 53,704

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 The Drawdown Partnership Limited (registered number: SC376080) were approved and authorised for issue by the Board of Directors on 15 May 2026. They were signed on its behalf by:

Mr D R Kearney Director |

THE DRAWDOWN PARTNERSHIP LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2025
THE DRAWDOWN PARTNERSHIP LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2025

##### 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

The Drawdown Partnership Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is Cadell House, 27 Waterloo Street, Glasgow, G2 6BZ, 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 directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due 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.

##### Turnover

Turnover represents amounts receivable for retirement planning net of trade discounts.
Turnover from the provision of retirement planning is recognised upon the completion of the service, when the amount of revenue can be measured reliably and when it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

##### 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 Balance Sheet date.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand.

##### 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.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities, including creditors and loans from fellow group companies are initially recognised at transaction price. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 2 |  | 2

#### 3. Debtors

| 2025 |  | 2024
| £ |  | £
Deferred tax asset | 838 |  | 4,430

#### 4. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Amounts owed to Parent undertakings | 26,287 |  | 30,073
Other creditors | 25,069 |  | 33,891
| 51,356 |  | 63,964

Amounts owed to Group undertakings are repayable on demand and do not bear interest.

#### 5. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
1 Ordinary share of £ 1.00 | 1 |  | 1