Contents of the Financial Statements

for the Period Ended 30 November 2025

Directors report
Balance sheet
Additional notes
Balance sheet notes

Directors' report period ended 30 November 2025

The directors present their report with the financial statements of the company for the period ended 30 November 2025

Directors

The directors shown below have held office during the whole of the period from
1 December 2024 to 30 November 2025

Dr T Crake
Dr M A Westwood

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
15 June 2026

And signed on behalf of the board by:
Name: Dr M A Westwood
Status: Director

Balance sheet

As at 30 November 2025

	Notes	2025	2024
		£	£
Fixed assets
Investments:	3	508,504	351,316
Total fixed assets:		508,504	351,316
Current assets
Debtors:	4	16,391	76,408
Cash at bank and in hand:		215,108	133,538
Total current assets:		231,499	209,946
Creditors: amounts falling due within one year:	5	( 5,203 )	( 6,420 )
Net current assets (liabilities):		226,296	203,526
Total assets less current liabilities:		734,800	554,842
Provision for liabilities:		( 63,809 )	( 29,565 )
Total net assets (liabilities):		670,991	525,277
Capital and reserves
Called up share capital:		1	1
Profit and loss account:		670,990	525,276
Total Shareholders' funds:		670,991	525,277

The notes form part of these financial statements

Balance sheet statements

For the year ending 30 November 2025 the company was entitled to exemption 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 directors have chosen not to file a copy of the company's profit and loss account.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 30 November 2025

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Notes to the Financial Statements

for the Period Ended 30 November 2025

• 2. Employees

  	2025	2024
  Average number of employees during the period	0	0