Sub1 (Birmingham 1) Limited Company accounts

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.