S B Squared Holding Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 07869810

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,890,774		1,914,327
Investments	5		22,749,865		27,895,205

			24,640,639		29,809,532
CURRENT ASSETS
Debtors	6	8,096,856		8,918,826
Cash at bank and in hand		2,707,102		1,902,785

		10,803,958		10,821,611
Creditors: Amounts Falling Due Within One Year	7	(1,111,398 )		(4,226,379 )

NET CURRENT ASSETS (LIABILITIES)			9,692,560		6,595,232

TOTAL ASSETS LESS CURRENT LIABILITIES			34,333,199		36,404,764

Creditors: Amounts Falling Due After More Than One Year	8		-		(1,100,000 )

NET ASSETS			34,333,199		35,304,764

CAPITAL AND RESERVES
Called up share capital			101,026		101,026
Revaluation reserve			(563,367 )		(563,367 )
Profit and Loss Account			34,795,540		35,767,105

SHAREHOLDERS' FUNDS			34,333,199		35,304,764

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S B Squared Holding Limited

Balance Sheet (continued)

As At 31 December 2025

For the 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.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Steven Brooks

Director

26th June 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

S B Squared Holding Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07869810 . The registered office is 117 George Street, London, W1H 7HF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from property rentals, aircraft leasing and the rendering of services.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	None
Leasehold	None
Plant & Machinery	10 years straight line
Fixtures & Fittings	3 and 5 years straight line
Computer Equipment	3 years straight line

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.6. Taxation

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

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.8. Investments

Investments in subsidiary undertakings are recognised at cost.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2024: 4)

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S B Squared Holding Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

4. Tangible Assets

	Land & Buildings	Investment Properties	Plant & Machinery etc.	Total
	£	£	£	£
Cost or Valuation
As at 1 January 2025	1,790,000	208,831	48,168	2,046,999
Additions	-	-	355	355

As at 31 December 2025	1,790,000	208,831	48,523	2,047,354

Depreciation
As at 1 January 2025	-	87,867	44,805	132,672
Provided during the period	-	22,355	1,553	23,908

As at 31 December 2025	-	110,222	46,358	156,580

Net Book Value
As at 31 December 2025	1,790,000	98,609	2,165	1,890,774

As at 1 January 2025	1,790,000	120,964	3,363	1,914,327

5. Investments

	Unlisted	Other	Total
	£	£	£
Cost or Valuation
As at 1 January 2025	14,422,819	13,472,386	27,895,205
Additions	-	9,746,838	9,746,838
Disposals	(14,892,078 )	(100 )	(14,892,178 )

As at 31 December 2025	(469,259 )	23,219,124	22,749,865

Provision
As at 1 January 2025	-	-	-

As at 31 December 2025	-	-	-

Net Book Value
As at 31 December 2025	(469,259 )	23,219,124	22,749,865

As at 1 January 2025	14,422,819	13,472,386	27,895,205

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	58,118	53,142
Amounts owed by group undertakings	47,911	4,997,906
Other debtors	7,990,827	3,867,778

	8,096,856	8,918,826

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S B Squared Holding Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	1,964	(11,066 )
Bank loans and overdrafts	1,102,235	598
Amounts owed to group undertakings	-	1,381,621
Other creditors	-	2,850,361
Taxation and social security	7,199	4,865

	1,111,398	4,226,379

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	-	1,100,000

Secured Creditors:

Included within creditors falling due after one year in 2024 and falling due within one year in 2025 is the loan from United Trust Bank Limited denominated in pound sterling.

The loan is secured by a fixed and floating charges over the assets of the company. It is also secured by a negative pledge.

9. Related Party Transactions

Loans were advanced to companies where S B Squared Holding Ltd was/is a share holder or designated member. At the end of the period, the amount due to the company from various related parties was £47,911 (2024: 4,997,906)

In addition, companies where S B Squared Holding Ltd was/is a share holder or designated member advanced loans to S B Squared Holding Ltd. At the end of the period, the amount due from the company to various related partied was £0 (2024: £1,381,621)

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