REGISTERED NUMBER: 02627060 (England and Wales)

Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 December 2025

for

DRAWBOND INVESTMENTS LIMITED

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

DIRECTORS:

J E Thompson

Epsilon Directors Limited

REGISTERED OFFICE:

19 Leyden Street

London

E1 7LE

REGISTERED NUMBER:

02627060 (England and Wales)

ACCOUNTANTS:

Trustige Limited

4th Floor, Portman House,

2 Portman Street

London

W1H 6DU

The directors present their report with the financial statements of the company for the year ended 31 December 2025.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 January 2025 to the date of this report.

J E Thompson

Epsilon Directors Limited

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Epsilon Directors Limited - Director

8 June 2026

TURNOVER

-

-

Administrative expenses

75,409

76,668

OPERATING LOSS

(75,409

)

(76,668

)

Profit/loss on sale of invest

4

214,259

210,121

138,850

133,453

Interest receivable and similar income

119,872

102,193

258,722

235,646

Gain/loss on revaluation of assets

276,494

87,088

535,216

322,734

Interest payable and similar expenses

55,058

65,656

PROFIT BEFORE TAXATION

480,158

257,078

Tax on profit

56,652

43,102

PROFIT FOR THE FINANCIAL YEAR

423,506

213,976

FIXED ASSETS

Investments

5

2,214,019

2,214,019

CURRENT ASSETS

Investments

6

5,671,840

5,253,524

Cash at bank

659

438

5,672,499

5,253,962

CREDITORS

Amounts falling due within one year

7

1,056,135

1,046,880

NET CURRENT ASSETS

4,616,364

4,207,082

TOTAL ASSETS LESS CURRENT LIABILITIES

6,830,383

6,421,101

CREDITORS

Amounts falling due after more than one year

8

2,248,412

2,262,636

NET ASSETS

4,581,971

4,158,465

CAPITAL AND RESERVES

Called up share capital

2,727,655

2,727,655

Retained earnings

1,854,316

1,430,810

SHAREHOLDERS' FUNDS

4,581,971

4,158,465

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 8 June 2026 and were signed on its behalf by:

Epsilon Directors Limited - Director

1.	STATUTORY INFORMATION

Drawbond Investments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Investments in associates

Investments in associate undertakings are recognised at cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	EXCEPTIONAL ITEMS

2025

2024

$

$

Profit/loss on sale of invest

214,259

210,121

5.	FIXED ASSET INVESTMENTS

Interest

in

associate

$

COST

At 1 January 2025

and 31 December 2025

2,214,019

NET BOOK VALUE

At 31 December 2025

2,214,019

At 31 December 2024

2,214,019

6.	CURRENT ASSET INVESTMENTS

2025

2024

$

$

Listed investments

5,671,840

5,253,524

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

$

$

Taxation and social security

48,911

40,335

Other creditors

1,007,224

1,006,545

1,056,135

1,046,880

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

$

$

Other creditors

2,248,412

2,262,636

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is considered to be Intrust Trustee(New Zealand) Limited as Trustees of the Morus Family Trust.