Company No: 07534990 (England and Wales)

Contents

• Statement of Financial Position
• Notes to the Financial Statements

	Note	05.04.2026		28.02.2025
		£		£
Fixed assets
Tangible assets	3	1,128		985
Investments	4	470,161		491,653
		471,289		492,638
Current assets
Cash at bank and in hand		3,028		617
		3,028		617
Creditors: amounts falling due within one year	5	( 5,264)		( 3,405)
Net current liabilities		(2,236)		(2,788)
Total assets less current liabilities		469,053		489,850
Creditors: amounts falling due after more than one year	6	( 370,000)		( 415,000)
Net assets		99,053		74,850
Capital and reserves
Called-up share capital	7	400		400
Profit and loss account		98,653		74,450
Total shareholders' funds		99,053		74,850

For the financial period ending 05 April 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
• The director acknowledges 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements of Ilumina Ltd. (registered number: 07534990) were approved and authorised for issue by the Director on 05 June 2026. They were signed on its behalf by:

David John Lidbetter Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Ilumina Ltd. (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 5 Youngs Way, Woodstock, OX20 1GU, 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 Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors note that the business has net assets of £99,053, but net current liabilities of £2,236. The directors believe that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements due to the nature of the fixed asset investments and ability to convert to cash. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Reporting period length

The financial statements are presented for a period longer than one year. This is because the year ended has been changed to be in line with the personal tax year. Comparative amounts presented in the financial statements are not entirely comparable.

Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

Dividend income

Dividend income from investments is recognised when the shareholders' rights to receive payment have been established (provided that it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably).

Finance costs

Finance costs are charged to the Statement of Income and Retained Earnings over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

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 Statement of Financial Position date.

Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided on all tangible fixed assets, other than investment properties and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Office equipment

3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

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.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Employees

	Period from 01.03.2025 to 05.04.2026		Year ended 28.02.2025
	Number		Number
Monthly average number of persons employed by the Company during the period	0		0

3. Tangible assets

	Office equipment		Total
	£		£
Cost
At 01 March 2025	2,697		2,697
Additions	1,193		1,193
At 05 April 2026	3,890		3,890
Accumulated depreciation
At 01 March 2025	1,712		1,712
Charge for the financial period	1,050		1,050
At 05 April 2026	2,762		2,762
Net book value
At 05 April 2026	1,128		1,128
At 28 February 2025	985		985

4. Fixed asset investments

	Listed investments		Total
	£		£
Cost or valuation before impairment
At 01 March 2025	491,653		491,653
Additions	1,091		1,091
Disposals	( 44,835)		( 44,835)
Movement in fair value	22,252		22,252
At 05 April 2026	470,161		470,161
Carrying value at 05 April 2026	470,161		470,161
Carrying value at 28 February 2025	491,653		491,653

5. Creditors: amounts falling due within one year

	05.04.2026		28.02.2025
	£		£
Accruals	5,264		3,405

6. Creditors: amounts falling due after more than one year

	05.04.2026		28.02.2025
	£		£
Other loans	370,000		415,000

There are no amounts included above in respect of which any security has been given by the small entity.

7. Called-up share capital

	05.04.2026		28.02.2025
	£		£
Allotted, called-up and fully-paid
3,000 A Ordinary shares of £ 0.10 each	300		300
1,000 Ordinary shares of £ 0.10 each	100		100
	400		400

8. Related party transactions

Transactions with owners holding a participating interest in the entity

	05.04.2026		28.02.2025
	£		£
Amounts owed to a shareholder	370,000		415,000

The amount is fully repayable by January 2027 and interest is charged at 1.25% .