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

Andrew Thorpe
Lloyd Lee

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
29 July 2026

And signed on behalf of the board by:
Name: Andrew Thorpe
Status: Director

Profit And Loss Account

for the Period Ended 31 December 2025

	2025	2024
	£	£
Administrative expenses:	( 17,284 )	( 17,763 )
Operating profit(or loss):	(17,284)	(17,763)
Interest receivable and similar income:	495,382	610,876
Interest payable and similar charges:	( 458,078 )	( 610,204 )
Profit(or loss) before tax:	20,020	(17,091)
Profit(or loss) for the financial year:	20,020	(17,091)

Balance sheet

As at 31 December 2025

	Notes	2025	2024
		£	£
Fixed assets
Investments:	3	3,285,001	3,043,864
Total fixed assets:		3,285,001	3,043,864
Current assets
Debtors:	4	10,226,151	9,971,906
Total current assets:		10,226,151	9,971,906
Creditors: amounts falling due within one year:	5	( 475,169 )	( 2,174,505 )
Net current assets (liabilities):		9,750,982	7,797,401
Total assets less current liabilities:		13,035,983	10,841,265
Creditors: amounts falling due after more than one year:	6	( 9,752,133 )	( 8,169,719 )
Accruals and deferred income:		( 25,310 )	( 8,026 )
Total net assets (liabilities):		3,258,540	2,663,520
Capital and reserves
Called up share capital:		3,300,000	2,725,000
Profit and loss account:		(41,460 )	(61,480 )
Total Shareholders' funds:		3,258,540	2,663,520

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

  Other accounting policies

  Currency Financial Instruments Taxation Trade and other receivables Trade and other payables Cash and cash equivalents Share Capital Finance Costs Investment in associates Expenses

Notes to the Financial Statements

for the Period Ended 31 December 2025

• 2. Employees

  	2025	2024
  Average number of employees during the period	2	2