For the financial period ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the period in question 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.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

Gristfield Ltd is a private company limited by shares incorporated in England and Wales. The registered office is .

These financial statements cover the period from 28 October 2024 to 31 December 2025, which is the company’s first accounting period and is therefore longer than 12 months. Comparative figures have not been presented because there were no previous accounting periods.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are presented in sterling, which is the company’s functional currency. Monetary amounts are rounded to the nearest £.

The financial statements are prepared under the historical cost convention, as modified to include the fair value of certain financial instruments, being the company’s equity and fixed‑income investments.

Fixed asset investments comprise financial assets held at fair value through profit or loss. These investments are measured at fair value at each reporting date, with changes in fair value recognised in profit or loss.

Cash and cash equivalents consist solely of cash at bank.

The company holds financial instruments in the form of cash and fixed‑asset investments. Financial assets are measured at fair value through profit or loss, with gains and losses recognised in the income statement. Financial liabilities are measured at amortised cost.

Financial assets comprise cash at bank and investments held at fair value. Investments are measured at fair value at each reporting date, with changes recognised in profit or loss. Cash at bank is measured at its nominal value.

Financial liabilities comprise amounts owed to directors and trade creditors. These are measured at amortised cost and are repayable on demand unless stated otherwise.

Equity instruments are recorded at the value of consideration received.

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax is recognised based on taxable profit for the year, using the tax rates enacted at the reporting date.

Deferred tax is recognised on timing differences between taxable profits and accounting profits. Deferred tax liabilities are recognised for all such differences; deferred tax assets are recognised only where recovery is probable. Deferred tax is measured using the tax rates expected to apply when the timing differences reverse.

The company has no employees other than directors. No employee benefits arise.

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

The average monthly number of persons (including directors) employed by the company during the period was:

On incorporation, the Company issued 150 £1 ordinary shares at par.

These shares were subsequently re-designated into 50 A ordinary shares, 25 B ordinary shares, 25 C

ordinary shares and 50 D ordinary shares, each with a nominal value of £1.

The A ordinary shares carry full voting rights. The B, C and D ordinary shares carry no voting rights. On a

return of capital, the A ordinary shares have priority in repayment of their nominal value. Dividends may be

declared separately on each class of share, and each class is entitled only to dividends declared on that

class. In all other respects, the share classes rank pari pasu.

During the year, the directors loaned the company £5,014,372.  At the year end £5,014,372 was outstanding and is included in other creditors. The loans are unsecured, interest free and repayable on demand.