Company No: 12908761 (England and Wales)

Contents

• Company Information
• Accountants' Report
• Balance Sheet
• Notes to the Financial Statements

Directors	P R Stephen
	N A Towers

Registered office	Cosmopolitan House
	2 Phipp Street
	London
	EC2A 4BP
	United Kingdom

Company number

12908761 (England and Wales)

Accountant	Kreston Reeves LLP
	2nd Floor, Maritime Place
	Quayside
	Chatham Maritime
	Chatham
	Kent
	ME4 4QZ

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Remarkable Group International Limited for the financial year ended 31 December 2025 which comprise the Balance Sheet and the related notes 1 to 10 from the Company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/regulation.

This report is made solely to the Board of Directors of The Remarkable Group International Limited, as a body, in accordance with the terms of our engagement letter dated 10 June 2025. Our work has been undertaken solely to prepare for your approval the financial statements of The Remarkable Group International Limited and state those matters that we have agreed to state to the Board of Directors of The Remarkable Group International Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Remarkable Group International Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that The Remarkable Group International Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of The Remarkable Group International Limited. You consider that The Remarkable Group International Limited is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the financial statements of The Remarkable Group International Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Kreston Reeves LLP

2nd Floor, Maritime Place
Quayside
Chatham Maritime
Chatham
Kent
ME4 4QZ

22 June 2026

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	4	17,054		18,323
Investments	5	2,072,828		2,089,456
		2,089,882		2,107,779
Current assets
Debtors	6	127,032		1,731,918
Cash at bank and in hand		12,167		29,301
		139,199		1,761,219
Creditors: amounts falling due within one year	7	( 998,328)		( 3,191,438)
Net current liabilities		(859,129)		(1,430,219)
Total assets less current liabilities		1,230,753		677,560
Net assets		1,230,753		677,560
Capital and reserves
Called-up share capital		11,020		11,020
Other reserves	10	1,211,732		1,213,041
Profit and loss account		8,001		( 546,501 )
Total shareholders' funds		1,230,753		677,560

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 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 Statement of Comprehensive Income has not been delivered.

The financial statements of The Remarkable Group International Limited (registered number: 12908761) were approved and authorised for issue by the Board of Directors on 19 June 2026. They were signed on its behalf by:

P R Stephen Director

N A Towers Director

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 Remarkable Group International Limited (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 Cosmopolitan House, 2 Phipp Street, London, EC2A 4BP, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and 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 company meets its day-to-day working capital requirements through its bank facilities. The current economic conditions continue to create uncertainty over the level of demand for the company’s products. The company’s forecasts and projections, taking account of reasonably possible changes in trading performance, show that the company should be able to operate within the level of its current facilities. After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Statement of Comprehensive Income in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

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.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Statement of Comprehensive Income in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

Finance costs

Finance costs are charged to the Statement of Comprehensive Income 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.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	depreciated over the life of the lease
	3 years straight line
Computer equipment	33 % reducing balance

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.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Borrowing costs

Borrowing costs that are directly attributable to acquisition, construction or production of qualifying assets, are capitalised as part of the cost of those assets. Capitalisation begins when both finance costs and expenditures for the asset are being incurred and activities that are necessary to get the asset ready for use are in progress. Capitalisation ceases when substantially all the activities that are necessary to get the asset ready for use are complete.

All other borrowing costs are recognised in profit or loss in the period in which they are incurred.

Leases

The Company as lessee
Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

Impairment of assets

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

Fixed asset investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on re-measurement are recognised in the Statement of comprehensive income for the period. Where market value cannot be reliably determined, such investments are stated at historic 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.

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, bank loans, loans from fellow group companies and preference shares that are classified as debt, 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. 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.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	3		11

3. Share-based payments

Equity-settled share-based payment schemes

On 1 January 2022, The Remarkable Group International Limited, the parent undertaking of the group, granted 690 Ordinary B share options of £1 each to certain employees of the company and 1,140 Ordinary B share options of £1 each to certain employees of subsidiary companies as part of an EMI share scheme. The exercise price is £19.54 per share. Each option has a different element of time based and performance based vesting conditions which are specific to each employee.

On 30 June 2023, 120 further Ordinary B share options of £1 each were granted to certain employees of the parent undertaking and subsidiary companies with an exercise price of £27.20 per share. Each option has a different element of time based and performance based vesting conditions which are specific to each employee.

The options may not be exercised later than ten years after the date on which they were granted, even if an Exit has not by then been achieved.

Details of the share options outstanding during the financial year are as follows:

	2025			2024
	Weighted Average			Weighted Average
	Number of share options	Average exercise price (£)		Number of share options	Average exercise price (£)
Outstanding at beginning of period	660	19.89		720	19.86
Forfeited during the period	( 90)	( 19.54)		( 60)	( 19.54)
Outstanding at the end of the period	570	19.94		660	19.89
Exercisable at the end of the period	0	0		0	0

An employee left the firm, and so the options have been forfeited during the year.

4. Tangible assets

	Land and buildings		Computer equipment		Total
	£		£		£
Cost
At 01 January 2025	19,289		6,652		25,941
Additions	0		9,625		9,625
At 31 December 2025	19,289		16,277		35,566
Accumulated depreciation
At 01 January 2025	6,430		1,188		7,618
Charge for the financial year	6,430		4,464		10,894
At 31 December 2025	12,860		5,652		18,512
Net book value
At 31 December 2025	6,429		10,625		17,054
At 31 December 2024	12,859		5,464		18,323

5. Fixed asset investments

Investments in subsidiaries

	2025
	£
Cost
At 01 January 2025	2,078,353
Disposals	( 1,309)
At 31 December 2025	2,077,044
Provisions for impairment
At 01 January 2025	40,728
Impairment	16,171
At 31 December 2025	56,899
Carrying value at 31 December 2025	2,020,145
Carrying value at 31 December 2024	2,037,625

	Other investments		Total
	£		£
Cost or valuation before impairment
At 01 January 2025	51,831		51,831
Additions	852		852
At 31 December 2025	52,683		52,683
Carrying value at 31 December 2025	52,683		52,683
Carrying value at 31 December 2024	51,831		51,831

6. Debtors

	2025		2024
	£		£
Trade debtors	0		104,612
Amounts owed by Group undertakings	4		1,572,844
Amounts owed by directors	83,476		0
Prepayments	4,552		15,462
Other debtors	39,000		39,000
	127,032		1,731,918

7. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank overdrafts	17,875		26,320
Trade creditors	152,093		475,477
Amounts owed to Group undertakings	423,579		2,023,747
Amounts owed to directors	0		42,168
Accruals	172,022		85,101
Other taxation and social security	222,726		499,821
Other creditors	10,033		38,804
	998,328		3,191,438

8. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

	2025		2024
	£		£
Within one year	130,000		0
Between one and five years	162,500		0
Total future minimum lease payments under non-cancellable operating leases	292,500		0

9. Related party transactions

During the period the company paid £nil (2024: £245,200) dividends to the shareholders who are also directors.

At the balance sheet date, the Directors owed the company £83,476 which is shown in debtors, and includes interest charged at 2.25% where balances exceed £10,000. The loans were repaid in full on 31 March 2026.

The company has taken advantage of the exemptions available under FRS102, section 33.5 not to disclose details of its transactions with members of the group headed by The Remarkable Group International Limited.

All other related party transactions have been undertaken at arms length.

10. Reserves

Other reserves

This represents the merger reserve which is the fair value of the consideration given in excess of the nominal value of ordinary shares issued in an acquisition made by the issue of shares at that time. This reserve also includes the fair value of the share options vested in the company.

Profit and loss account

This reserve comprises all current and prior period retained profits and losses after deducting any distributions made to the Company's shareholders.