Contents of the Financial Statements

for the Period Ended 30 September 2025

Balance sheet

As at 30 September 2025

The notes form part of these financial statements

Balance sheet statements

For the year ending 30 September 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 September 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

  Valuation information and policy

  The company's fixed-asset investments comprise listed equity shares, stated at fair value. Fair value is determined by reference to the quoted market price at the reporting date, and changes in fair value are recognised in profit or loss.

  Other accounting policies

  Basis of preparation: The financial statements have been prepared in accordance with FRS 102 Section 1A and the Companies Act 2006, under the historical cost convention as modified to include investments at fair value, and in sterling. Taxation: Current tax is provided at the amount expected to be paid, using tax rates enacted or substantively enacted at the reporting date. Deferred tax is recognised on timing differences, principally the unrealised gain on the investment which would be chargeable to corporation tax on disposal, measured at the rate expected to apply on reversal (25%) and not discounted. Going concern: The company has net current liabilities arising principally from the director's loan, which is interest-free, unsecured and repayable on demand. The director has confirmed he will not seek repayment to the extent that doing so would prejudice the company's ability to meet its other liabilities for at least twelve months from approval; the financial statements are therefore prepared on the going concern basis.

Notes to the Financial Statements

for the Period Ended 30 September 2025

• 2. Employees

  	2025
  Average number of employees during the period	0