Briarwood Partners Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

1. General Information

Briarwood Partners Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12296741 . The registered office is 3rd Floor, 25 - 29 Queen Street, Maidenhead, Berkshire, SL6 1NB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated rebates and other similar allowances.

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	Over 3 years
Computer Equipment	Over 3 years

2.4. Foreign Currencies

Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

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Briarwood Partners Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

2.6. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 4)

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 December 2024	-	4,691	4,691
Additions	270	2,656	2,926

As at 30 November 2025	270	7,347	7,617

Depreciation
As at 1 December 2024	-	2,903	2,903
Provided during the period	90	1,673	1,763

As at 30 November 2025	90	4,576	4,666

Net Book Value
As at 30 November 2025	180	2,771	2,951

As at 1 December 2024	-	1,788	1,788

5. Investments

	Subsidiaries
	£
Cost or Valuation
As at 1 December 2024	55

As at 30 November 2025	55

Provision
As at 1 December 2024	-

As at 30 November 2025	-

Net Book Value
As at 30 November 2025	55

As at 1 December 2024	55

Investments in subsidiaries represents a 55% shareholding in Briarwood Partners Alternatives Limited.

Investments in subsidiary undertakings are stated at cost less accumulated impairment. At each reporting date, the company assesses whether there is any indication that an investment may be impaired. If such indication exists, the recoverable amount is estimated and any impairment loss is recognised in profit or loss.

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Briarwood Partners Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	24,000	-
Prepayments and accrued income	7,093	12,000
Other debtors	5,432	38,760
Amounts owed by group undertakings	23,978	12,167

	60,503	62,927

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	1,702	8,630
Other taxes and social security	91,173	94,382
Other creditors	31,660	68,330
Accruals and deferred income	908	1,345
Amounts owed to group undertakings	32,649	-

	158,092	172,687

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

9. Related Party Transactions

The company’s immediate parent undertaking is Briarwood Partners Co Limited, a company incorporated in the United Arab Emirates. The company is also the parent undertaking of Briarwood Partners Alternatives Limited, in which it holds a 55% shareholding.

During the period, the company entered into transactions with its subsidiary undertaking, Briarwood Partners Alternatives Limited, including sales of £78,394 (2024: £74,223) and costs of £246,134 (2024: £113,394). The company also entered into transactions with its parent undertaking, Briarwood Partners Co Limited, including costs of £53,424 (2024: £nil).

At 30 November 2025, amounts due from the parent undertaking totalled £23,978 (2024: £nil) and amounts due to the subsidiary undertaking totalled £32,649 (2024: amounts owed by the subsidiary undertaking of £12,167). These balances are unsecured, interest free and repayable on demand. No provisions have been made in respect of amounts due from related parties.

10. Ultimate Parent Undertaking and Controlling Party

The company's immediate and ultimate parent undertaking is Briarwood Partners Co Limited . Briarwood Partners Co Limited is incorporated in the United Arab Emirates. The ultimate controlling party is Ryan Durance who controls 85% of the shares of the parent undertaking.

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		2,951		1,788
Investments	5		55		55

			3,006		1,843
CURRENT ASSETS
Debtors	6	60,503		62,927
Cash at bank and in hand		94,927		225,462

		155,430		288,389
Creditors: Amounts Falling Due Within One Year	7	(158,092 )		(172,687 )

NET CURRENT ASSETS (LIABILITIES)			(2,662 )		115,702

TOTAL ASSETS LESS CURRENT LIABILITIES			344		117,545

NET ASSETS			344		117,545

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			244		117,445

SHAREHOLDERS' FUNDS			344		117,545