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Registration number: NI688676

Otsar Holdings Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 December 2025

Otsar Holdings Limited

(Registration number: NI688676)
Balance Sheet as at 31 December 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Investments | 4 | 3,000 | 3,000
Other financial assets | 5 | 748,465 | -
|  | 751,465 | 3,000
Current assets |  |  |
Debtors | 6 | 300,002 | 750,002
Cash at bank and in hand |  | 207,000 | 10,020
|  | 507,002 | 760,022
Creditors: Amounts falling due within one year | 7 | (1,245) | (13,020)
Net current assets |  | 505,757 | 747,002
Net assets |  | 1,257,222 | 750,002
Capital and reserves |  |  |
Called up share capital | 8 | 2 | 2
Retained earnings |  | 1,257,220 | 750,000
Shareholders' funds |  | 1,257,222 | 750,002

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 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.

Otsar Holdings Limited

(Registration number: NI688676)
Balance Sheet as at 31 December 2025

Approved and authorised by the Board on 11 May 2026 and signed on its behalf by:

......................................... Robert Derek Samuel Gaston Director

Otsar Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1 | General information

The company is a private company limited by share capital, incorporated in Northern Ireland.

The address of its registered office is: Murray House, Murray Street, Belfast, Antrim, BT1 6DN.

These financial statements were authorised for issue by the Board on 11 May 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

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.

Summary of disclosure exemptions

The company has taken advantage of the exemption in Section 398 of the Companies Act 2006 from the requirement to prepare consolidated finacial statements, on the grounds that it is a small sized group..

Tax

The tax expense for the period comprises current 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.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Otsar Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

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.

Short-term debtors and creditors

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the income statement in operating expenses.

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 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

Otsar Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4 | Investments

| 2025 £ | 2024 £
Investments in subsidiaries | 3,000 | 3,000

Subsidiaries | £
Cost or valuation
At 1 January 2025 | 3,000
Provision
Carrying amount
At 31 December 2025 | 3,000
At 31 December 2024 | 3,000

5 | Other financial assets (current and non-current)

| Investments £ | Total £
Non-current financial assets
Cost or valuation
Additions | 740,000 | 740,000
Income and fair value adjustments | 8,465 | 8,465
At 31 December 2025 | 748,465 | 748,465

6 | Debtors

Current | 2025 £ | 2024 £
Other debtors | 300,002 | 750,002
| 300,002 | 750,002

Otsar Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

7 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Taxation and social security | 1,245 | -
Shareholders loan | - | 13,020
| 1,245 | 13,020

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £1 each | 2 | 2 | 2 | 2