Company No: 09914157 (England and Wales)

Contents

• Company Information
• Statement of Financial Position
• Notes to the Financial Statements

DIRECTORS	A Baker
	Phoenix Services Establishment

REGISTERED OFFICE	22 Chancery Lane
	London
	WC2A 1LS
	United Kingdom

COMPANY NUMBER

09914157 (England and Wales)

	Note	2025		2024
		€		€
				Restated - note 2
Current assets
Debtors	4	1,933		14,193,751
Investments	5	28,241,618		18,809,787
Cash at bank and in hand		327,778		2,477,761
		28,571,329		35,481,299
Creditors: amounts falling due within one year	6	( 10,209,147)		( 10,485,534)
Net current assets		18,362,182		24,995,765
Total assets less current liabilities		18,362,182		24,995,765
Net assets		18,362,182		24,995,765
Capital and reserves
Called-up share capital		286,896		286,896
Profit and loss account		18,075,286		24,708,869
Total shareholders' funds		18,362,182		24,995,765

For the financial year 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 financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Acronym International Limited (registered number: 09914157) were approved and authorised for issue by the Board of Directors on 19 August 2026. They were signed on its behalf by:

A Baker Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Acronym International Limited (the company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is 22 Chancery Lane, London, WC2A 1LS, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in EUR which is the functional currency of the company and rounded to the nearest €.

Foreign currency

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Taxation

Current tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Current tax is recognised on taxable profit for the current and past periods. Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Financial instruments

Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Interest Receivable

Interest receivable on investments is recognised as income when it is earned, regardless of when the cash is received. Accrued interest is added to the carrying amount of the financial asset. Interest income is recognised in the profit or loss using the effective interest method.

Dividends Receivable

Dividends receivable are recognised in the profit and loss account when the company’s right to receive payment is formally established, typically on the ex-dividend date or when authorised by the paying company’s shareholders. Dividends are measured at the fair value of the consideration received or receivable.

2. Prior year adjustment

The comparative figures for the year ended 31 December 2024 have been restated to recognise escrow proceeds relating to the 2024 disposal of the participating interest which, based on information available at the reporting date, should have been recognised in the prior period. The restatement affects the 2024 comparative balances only. These escrow proceeds of €14,196,967 were subsequently received in July 2025 in settlement of this receivable.

		As previously reported		Adjustment		As restated
Year ended 31 December 2024		€		€		€
Income from participating interests		277,344,509		14,193,751		291,538,260
Debtors		0		14,193,751		14,193,751

3. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the company during the year, including directors	2		2

4. Debtors

	2025		2024
	€		€
Trade debtors	1,933		0
Other debtors	0		14,193,751
	1,933		14,193,751

5. Current asset investments

	2025		2024
	€		€
Other investments	28,241,618		18,809,787

6. Creditors: amounts falling due within one year

	2025		2024
	€		€
Trade creditors	13,923		0
Taxation and social security	0		306,794
Other creditors	10,195,224		10,178,740
	10,209,147		10,485,534