REGISTERED NUMBER: 03920241 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Eight Peaks Group Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

2,408

-

Investments

5

1,118,072

2,606,145

1,120,480

2,606,145

CURRENT ASSETS

Debtors

6

381,250

-

Cash at bank

55,537

55,220

436,787

55,220

CREDITORS

Amounts falling due within one year

7

-

(918

)

NET CURRENT ASSETS

436,787

54,302

TOTAL ASSETS LESS CURRENT LIABILITIES

1,557,267

2,660,447

CAPITAL AND RESERVES

Called up share capital

8

23,616

3,857,033

Share premium

9

-

9,866,970

Equity share based payment res

9

193,750

193,750

Retained earnings

9

1,339,901

(11,257,306

)

SHAREHOLDERS' FUNDS

1,557,267

2,660,447

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 July 2026 and were signed on its behalf by:

Z Karim - Director

1.	STATUTORY INFORMATION

Eight Peaks Group Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

03920241

Registered office:

6 Vicarage Road

Edgbaston

Birmingham

England

B15 3ES

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office Equipment

-

33% on a straight line basis

Financial instruments

All of the financial instruments of the company are basic and the company has elected to apply the provisions of Section 11 "Basic Financial Instruments of FRS 102" to all its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instruments.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at the transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Equity Instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Foreign currencies

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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Investments

Investments in unlisted companies are recognised at fair value. Any changes in fair value at the year end are recognised in the profit and loss account.

Cash and cash equivalents

Cash and cash equivalents comprise cash balances

Share-based payments

The company operates equity-settled share-based payment arrangements under which share options are granted to certain directors.

The fair value of options granted is recognised as an expense in the profit and loss account over the vesting period, with a corresponding increase in equity. Fair value is measured at the date of grant.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.	TANGIBLE FIXED ASSETS

Office

Equipment

£

COST

At 1 April 2025

12,708

Additions

2,934

At 31 March 2026

15,642

DEPRECIATION

At 1 April 2025

12,708

Charge for year

526

At 31 March 2026

13,234

NET BOOK VALUE

At 31 March 2026

2,408

At 31 March 2025

-

5.	FIXED ASSET INVESTMENTS

Unlisted

investment

£

COST OR VALUATION

At 1 April 2025

2,606,145

Additions

490,000

Disposals

(1,350,000

)

Revaluations

(628,073

)

At 31 March 2026

1,118,072

NET BOOK VALUE

At 31 March 2026

1,118,072

At 31 March 2025

2,606,145

Cost or valuation at 31 March 2026 is represented by:

Unlisted

investment

£

Valuation in 2026

1,118,072

6.

DEBTORS

31.3.26

31.3.25

£

£

Amounts falling due within one year:

Deferred consideration

350,000

-

Amounts falling due after more than one year:

Convertible loan

31,250

-

Aggregate amounts

381,250

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade creditors

-

918

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Nominal

Number

Class

Value £

£

31 March 2026

3,936

Ordinary

6.00

23,616

31 March 2025

24,308,192

Ordinary

0.001

24,308

485,155

Deferred

7.90

3,832,725

3,857,033

On 2 January 2026, the company issued 3,808 Ordinary shares of £0.001 each for cash consideration of £0.03 each. The excess over nominal value was credited to the share premium reserve and later moved to retained earnings.

The shareholders also approved a reduction of the company's issued share capital on this date. The company consolidated its Ordinary shares from 24,312,000 shares of £0.001 each to 4,052 shares of £6 each. Deferred shares of £3,832,725 were cancelled and the balance transferred to retained earnings.

On 8 January 2026 the company purchased 116 Ordinary shares of £6. The shares were cancelled and the nominal value transferred to retained earnings.

9.

RESERVES

During the year, following a capital reduction, the share premium reserve was eliminated and transferred to retained earnings. Retained earnings were also reduced as a result of the purchase of the company's own shares.

10.	RELATED PARTY DISCLOSURES

During the year, the company advanced a loan of £25,000 to Mark Jackson, director and shareholder of Vitaspan Limited, a company which Zafarullah Karim is also a shareholder.The loan is repayable after four years at a value of £75,000 and includes an option to convert the balance into shares in Vitaspan Limited.

Due to the non-market nature of the transaction and Vitaspan Limited being a young business, the loan has been measured at fair value. At the year end, the carrying value of the loan was considered to be £31,250 after recognising a loan premium of £6,250 during the year.

11.	ULTIMATE CONTROLLING PARTY

The directors consider that there is no ultimate controlling party.

12.	SHARE-BASED PAYMENT

The company operates a share option scheme under which options to subscribe for ordinary shares have been granted to certain directors.

If these options remain unexercised for a period of 10 years from the date of grant, the options lapse. The options are exercisable immediately on grant.

During the year, the company undertook a capital reduction. In accordance with the terms of the share option scheme, the number of options and exercise price were adjusted on a pro rata basis to reflect this transaction. The adjustment did not increase the overall value of the options.

At the year end, there were options outstanding over 44 ordinary shares, each with an exercise price of £4,526.40. These options remain exercisable until 15 September 2028.