Contents of the Financial Statements

for the Period Ended 31 December 2025

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

Directors' report period ended 31 December 2025

The directors present their report with the financial statements of the company for the period ended 31 December 2025

Directors

The directors shown below have held office during the whole of the period from
1 January 2025 to 31 December 2025

Caroline Kerslake
Patrick Sookhdeo

The directors shown below have held office during the period of
13 January 2025 to 31 December 2025

Mark McNaughton
Daniel Thejus

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
30 July 2026

And signed on behalf of the board by:
Name: Mark McNaughton
Status: Director

Profit And Loss Account

for the Period Ended 31 December 2025

	2025	2024
	£	£
Turnover:	18,333	120,000
Cost of sales:	( 12,370 )	( 126,898 )
Gross profit(or loss):	5,963	(6,898)
Administrative expenses:	( 2,984 )	( 4,768 )
Operating profit(or loss):	2,979	(11,666)
Profit(or loss) before tax:	2,979	(11,666)
Profit(or loss) for the financial year:	2,979	(11,666)

Balance sheet

As at 31 December 2025

	Notes	2025	2024
		£	£
Fixed assets
Investments:	3	826,989	826,989
Total fixed assets:		826,989	826,989
Current assets
Debtors:	4	6,500	6,500
Cash at bank and in hand:		18,635	16,112
Total current assets:		25,135	22,612
Creditors: amounts falling due within one year:	5	( 57,432 )	( 57,890 )
Net current assets (liabilities):		(32,297)	(35,278)
Total assets less current liabilities:		794,692	791,711
Creditors: amounts falling due after more than one year:	6	( 824,975 )	( 824,975 )
Total net assets (liabilities):		(30,283)	(33,264)
Capital and reserves
Called up share capital:		1	1
Profit and loss account:		(30,284 )	(33,265 )
Total Shareholders' funds:		( 30,283 )	(33,264)

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 December 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 notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 December 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

  Turnover policy

  Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

  Other accounting policies

  Interest income, finance costs, taxation, valuation of investments, debtors, cash and cash equivalents, creditors, financial instruments.

Notes to the Financial Statements

for the Period Ended 31 December 2025

• 2. Employees

  	2025	2024
  Average number of employees during the period	1	4