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COMPANY REGISTRATION NUMBER: 16070838

Sub1 (Birmingham 1) Limited

Unaudited Financial Statements

31 December 2025

Sub1 (Birmingham 1) Limited

Financial Statements

Period from 11 November 2024 to 31 December 2025

Contents | Page

Directors' report | 1

Statement of comprehensive income | 2

Statement of financial position | 3

Statement of changes in equity | 4

Notes to the financial statements | 5

Sub1 (Birmingham 1) Limited

Directors' Report

Period from 11 November 2024 to 31 December 2025
The directors present their report and the unaudited financial statements of the company for the period ended 31 December 2025 .
Principal activities
The principal activity of the company during the period was the acquisition of a property with view to conversion into a data centre.
Incorporation
The company was incorporated on 11 November 2024 and commenced activity on that date.
Directors
The directors who served the company during the period were as follows:

L. Roberts | (Appointed 11 November 2024)
C.E. Boultbee Brooks | (Appointed 11 November 2024)

Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on 22 July 2026 and signed on behalf of the board by:

L. Roberts
Director

Registered office:
Shell Store
Canary Drive
Rotherwas
Hereford
HR2 6SR

Sub1 (Birmingham 1) Limited

Statement of Comprehensive Income

Period from 11 November 2024 to 31 December 2025

| Period from
| 11 Nov 24 to
| 31 Dec 25
Note | £

Administrative expenses | 91
Other operating income | 213,330
| ---------
Operating profit | 213,239

Other interest receivable and similar income | 99
Interest payable and similar expenses | 831,746
| ---------
Loss before taxation | ( 618,408)

Tax on loss | –
| ---------
Loss for the financial period and total comprehensive income | ( 618,408)
| ---------

All the activities of the company are from continuing operations.

Sub1 (Birmingham 1) Limited

Statement of Financial Position

31 December 2025

| 31 Dec 25
Note | £

Fixed assets

Tangible assets | 4 | 6,997,777

Current assets

Debtors | 5 | 10,266
Cash at bank and in hand | 272,879
| ---------
| 283,145

Creditors: amounts falling due within one year | 6 | 7,899,230
| ------------
Net current liabilities | 7,616,085
| ------------
Total assets less current liabilities | ( 618,308)
| ---------
Net liabilities | ( 618,308)
| ---------

Capital and reserves

Called up share capital | 100
Profit and loss account | ( 618,408)
| ---------
Shareholders deficit | ( 618,308)
| ---------

These financial statements have been prepared 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'.
For the period ending 31 December 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 period 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 .
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:

L. Roberts
Director

Company registration number: 16070838

Sub1 (Birmingham 1) Limited

Statement of Changes in Equity

Period from 11 November 2024 to 31 December 2025

| Called up share capital | Profit and loss account | Total
| £ | £ | £
At 11 November 2024 | 100 | – | 100
Loss for the period |  | ( 618,408) | ( 618,408)
| ---- | --------- | ---------
Total comprehensive income for the period | – | ( 618,408) | ( 618,408)
| ---- | --------- | ---------
At 31 December 2025 | 100 | ( 618,408) | ( 618,308)
| ---- | --------- | ---------

Sub1 (Birmingham 1) Limited

Notes to the Financial Statements

Period from 11 November 2024 to 31 December 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 Shell Store, Canary Drive, Rotherwas, Hereford, HR2 6SR.
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.
Going concern
The company has net liabilities £618,308. It has secured the support of creditors for the foreseeable future.
Operating leases
Lease income is recognised in profit or loss on a straight line basis over the lease term.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Freehold property is not depreciated because it is maintained in a continual state of good repair.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost .
4. Tangible assets

| Freehold property
| £
Cost |
At 11 November 2024 | –
Additions | 6,997,777
| ------------
At 31 December 2025 | 6,997,777
| ------------
Depreciation |
At 11 November 2024 and 31 December 2025 | –
| ------------
Carrying amount |
At 31 December 2025 | 6,997,777
| ------------

5. Debtors

| 31 Dec 25
| £
Other debtors | 10,266
| --------

6. Creditors: amounts falling due within one year

| 31 Dec 25
| £
Trade creditors | 2,406
Social security and other taxes | 4,488
Other creditors | 7,892,336
| ------------
| 7,899,230
| ------------

7. Related party transactions
Included within other creditors is £7,632,390 owed to Boultbee Developments Limited, a company in which the director C.E.Boultbee Brooks is interested. Interest is charge at 15% per annum on the loan outstanding.
8. Controlling party
The controlling party is C.E.Boultbee Brooks.