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COMPANY REGISTRATION NUMBER: 09879251

Paramount Retail Group Holdco Ltd

Filleted Unaudited Financial Statements

28 June 2025

Paramount Retail Group Holdco Ltd

Financial Statements

Year ended 28 June 2025

Contents | Page

Chartered certified accountants report to the board of directors on the preparation of the unaudited statutory financial statements | 1

Statement of financial position | 2

Notes to the financial statements | 4

Paramount Retail Group Holdco Ltd

Chartered Certified Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Paramount Retail Group Holdco Ltd

Year ended 28 June 2025
As described on the statement of financial position, the directors of the company are responsible for the preparation of the financial statements for the year ended 28 June 2025, which comprise the statement of financial position and the related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
VAGHELA & CO. (SERVICES) LTD. Chartered Certified Accountants
P.O. Box 10901 Birmingham B1 1ZQ
22 July 2026

Paramount Retail Group Holdco Ltd

Statement of Financial Position

28 June 2025

| 2025 | 2024
Note | £ | £ | £ | £

Fixed assets

Tangible assets | 5 |  | 6,179,653 |  | 5,700,000

Current assets

Debtors | 6 | 1,599,039 |  | 1,210,000 |
Investments | 7 | – |  | 2,536,497 |
Cash at bank and in hand | 316,889 |  | 708,319 |
| ------------ |  | ------------ |
| 1,915,928 |  | 4,454,816 |

Creditors: amounts falling due within one year | 8 | 4,340,839 |  | 6,304,759 |
| ------------ |  | ------------ |
Net current liabilities |  | 2,424,911 |  | 1,849,943
|  | ------------ |  | ------------
Total assets less current liabilities |  | 3,754,742 |  | 3,850,057

Provisions |  | 488,040 |  | 488,040
|  | ------------ |  | ------------
Net assets |  | 3,266,702 |  | 3,362,017
|  | ------------ |  | ------------

Capital and reserves

Called up share capital | 9 |  | 1 |  | 1
Profit and loss account |  | 3,266,701 |  | 3,362,016
|  | ------------ |  | ------------
Shareholders funds |  | 3,266,702 |  | 3,362,017
|  | ------------ |  | ------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 28 June 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 year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Paramount Retail Group Holdco Ltd

Statement of Financial Position (continued)

28 June 2025
These financial statements were approved by the board of directors and authorised for issue on 22 July 2026 , and are signed on behalf of the board by:

Mr R. Sharma
Director

Company registration number: 09879251

Paramount Retail Group Holdco Ltd

Notes to the Financial Statements

Year ended 28 June 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 1 Paramount House, Gelderd Road, Birstall, WF17 9QD.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) No cash flow statement has been presented for the company. (b) Disclosures in respect of financial instruments have not been presented.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. Tax on (loss)/profit
Major components of tax expense

| 2025 | 2024
| £ | £

Current tax:

UK current tax expense | – | 28,679
| ---- | --------
Tax on (loss)/profit | – | 28,679
| ---- | --------

Reconciliation of tax expense
The tax assessed on the (loss)/profit on ordinary activities for the year is the same as (2024: the same as) the standard rate of corporation tax in the UK of 19 % (2024: 25 %).

| 2025 | 2024
| £ | £
(Loss)/profit on ordinary activities before taxation | ( 95,315) | 139,106
| -------- | ---------
(Loss)/profit on ordinary activities by rate of tax | – | 28,679
| -------- | ---------

5. Tangible assets

| Short leasehold property
| £
Cost |
At 29 June 2024 | 5,700,000
Additions | 479,653
| ------------
At 28 June 2025 | 6,179,653
| ------------
Depreciation |
At 29 June 2024 and 28 June 2025 | –
| ------------
Carrying amount |
At 28 June 2025 | 6,179,653
| ------------
At 28 June 2024 | 5,700,000
| ------------

6. Debtors

| 2025 | 2024
| £ | £
Amounts owed by group undertakings and undertakings in which the company has a participating interest | 1,599,039 | 1,210,000
| ------------ | ------------

7. Investments

| 2025 | 2024
| £ | £
Other investments | – | 2,536,497
| ---- | ------------

8. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 1,500,169 | 1,513,198
Trade creditors | 2,768 | 32,441
Amounts owed to group undertakings and undertakings in which the company has a participating interest | 1,967,681 | 3,924,281
Corporation tax | 93,619 | 148,627
Social security and other taxes | 304,483 | 271,567
Other creditors | 472,119 | 414,645
| ------------ | ------------
| 4,340,839 | 6,304,759
| ------------ | ------------

9. Called up share capital
Issued, called up and fully paid

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £ 1 each | 1 | 1 | 1 | 1
| ---- | ---- | ---- | ----

10. Directors' advances, credits and guarantees
At 28th June 2025, other creditors include the following amounts due to the director:- Mr R. Sharma £299,685 (2024 - £268,245) The loans are interest free and repayable on demand
11. Related party transactions
Included within debtors is an amount due of £1,599,039 (£1,210,000 - 2024) from associated undertakings. Included within creditors is an amount due of £1,889,373 (£3,850,373 - 2024) to associated undertakings. The loans are interest free and for an indefinite period of time, however they are repayable on demand
12. Controlling party
The ultimate parent company is PRG Holdco 2 Limited, a company registered in England & Wales The director considered to be the ultimate controlling party is Mr R. Sharma