Henriksdahl Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—7

1. General Information

Henriksdahl Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09798898 . The registered office is 1 Chapel Street, Warwick, CV34 4HL.

The principal activity of the Company is the sale of clothing.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

The prior year figures are unaudited.

2.2. Going Concern Disclosure

These financial statements have been prepared on the going concern basis, which assumes that the company will be able to meet its financial obligations as they fall due for payment for the foreseeable future. The company is reliant upon the continued support of its parent undertaking, John Henric AB, to be able to do this. John Henric AB has indicated to the directors, that support will be provided as it is required.

2.3. Significant judgements and estimations

The preparation of the financial statements requires management to make judgements, estimates, and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. In the Director's opinion there are no significant judgements or key sources of estimation uncertainty.

2.4. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

2.5. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are interior design concepts. It is amortised to the profit and loss account over its estimated economic life of 5 years.

2.6. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

Straight Line - between 5 to 6 years

2.7. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

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Henriksdahl Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.8. Stocks and Work in Progress

Stocks are stated at lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

2.9. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.10. Debtors

Basic financial assets, including trade and other debtors, are intially recognised at transaction price, 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. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

Trade debtors are amounts due from customers for merchandise sold in the ordinary course of business.

2.11. Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

2.12. Creditors

Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the Company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

2.12. Provisions

Provisions are recognised when the Company has an obligation at the reporting date as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The Company recognises a provision for expected sales returns in respect of both online and in-store sales. The provision is based on sales and returns data and is adjusted for current trading conditions where appropriate. The provision is presented net of the expected value of future refunds to customers and the related recovery of returned inventory at cost.

2.13. Share Capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3. Average Number of Employees

Average number of employees, including directors, during the year was as follows: 3 (2024: NIL)

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Henriksdahl Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

4. Intangible Assets

	Other
	£
Cost
As at 1 January 2025	-
Additions	154

As at 31 December 2025	154

Amortisation
As at 1 January 2025	-
Provided during the period	24

As at 31 December 2025	24

Net Book Value
As at 31 December 2025	130

As at 1 January 2025	-

5. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 January 2025	-
Additions	185,307

As at 31 December 2025	185,307

Depreciation
As at 1 January 2025	-
Provided during the period	23,871

As at 31 December 2025	23,871

Net Book Value
As at 31 December 2025	161,436

As at 1 January 2025	-

6. Stocks

	2025	2024
	£	£
Stock	84,072	-

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Henriksdahl Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	9,000	-
Prepayments and accrued income	26,332	-
Other debtors	81,477	-
Amounts owed by group undertakings	-	1

	116,809	1

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	1,860	-
Other taxes and social security	2,819	-
VAT	44,715	-
Other creditors	627	-
Accruals and deferred income	11,919	-
Amounts owed to group undertakings	415,473	-

	477,413	-

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

10. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2025	2024
	£	£
Not later than one year	146,215	-
Later than one year and not later than five years	157,083	-

	303,298	-

11. Ultimate Parent Undertaking and Controlling Party

The company's immediate and ultimate parent undertaking is John Henric AB , incorporated in Sweden. Copies of the group accounts may be obtained from the secretary, Ringugnsgatan 8, Limhamn, Sweden, 216 16 . The ultimate controlling party is John Henric AB who controls 100% of the shares of Henriksdahl Limited .

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Henriksdahl Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

12. Audit Information

The auditor's report on the accounts of Henriksdahl Limited for the year ended 31 December 2025 was unqualified.

The auditors emphasised the following matter without qualifying their report:

We would like to draw your attention to the fact that the prior period figures are unaudited.

The auditor's report was signed by David Wheeler (Senior Statutory Auditor) for and on behalf of Bourner Bullock Chartered Accountants , Statutory Auditor.

Bourner Bullock Chartered Accountants

114 St Martin's Lane

London

WC2N 4BE

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		130		-
Tangible Assets	5		161,436		-

			161,566		-
CURRENT ASSETS
Stocks	6	84,072		-
Debtors	7	116,809		1
Cash at bank and in hand		108,106		-

		308,987		1
Creditors: Amounts Falling Due Within One Year	8	(477,413 )		-

NET CURRENT ASSETS (LIABILITIES)			(168,426 )		1

TOTAL ASSETS LESS CURRENT LIABILITIES			(6,860 )		1

PROVISIONS FOR LIABILITIES
Provisions For Charges			(11,414 )		-

NET (LIABILITIES)/ASSETS			(18,274 )		1

CAPITAL AND RESERVES
Called up share capital	9		1		1
Profit and Loss Account			(18,275 )		-

SHAREHOLDERS' FUNDS			(18,274)		1