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Company No: 05511854 (England and Wales)

# THE DEVEREAUX SERVICE COMPANY LIMITED

### Financial Statements
For the financial year ended 31 December 2025
Pages for filing with the registrar

THE DEVEREAUX SERVICE COMPANY LIMITED

## Financial Statements

For the financial year ended 31 December 2025

Contents

THE DEVEREAUX SERVICE COMPANY LIMITED

## COMPANY INFORMATION

For the financial year ended 31 December 2025
THE DEVEREAUX SERVICE COMPANY LIMITED

## COMPANY INFORMATION (continued)

For the financial year ended 31 December 2025

DIRECTORS | A W Chesterton
| B P Larochelle

REGISTERED OFFICE | 45 Gresham Street
| London
| EC2V 7BG
| United Kingdom

COMPANY NUMBER | 05511854 (England and Wales)

AUDITOR | S&W Audit
| Chartered Accountants &
| Statutory Auditor
| Onslow House
| Onslow Street
| Guildford
| GU1 4TL
| United Kingdom

THE DEVEREAUX SERVICE COMPANY LIMITED

## BALANCE SHEET

As at 31 December 2025
THE DEVEREAUX SERVICE COMPANY LIMITED

## BALANCE SHEET (continued)

As at 31 December 2025

| Note | 2025 |  | 2024
|  | $ |  | $
Current assets |  |  |  |
Debtors | 4 | 2,070,049 |  | 2,148,205
Cash at bank and in hand |  | 7,492 |  | 793
|  | 2,077,541 |  | 2,148,998
Creditors: amounts falling due within one year | 5 | ( 660,514) |  | ( 819,676)
Net current assets |  | 1,417,027 |  | 1,329,322
Total assets less current liabilities |  | 1,417,027 |  | 1,329,322
Net assets |  | 1,417,027 |  | 1,329,322
Capital and reserves |  |  |  |
Called-up share capital | 6 | 1 |  | 1
Profit and loss account |  | 1,417,026 |  | 1,329,321
Total shareholder's funds |  | 1,417,027 |  | 1,329,322

The 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 The Devereaux Service Company Limited (registered number: 05511854) were approved and authorised for issue by the Board of Directors on 20 August 2026. They were signed on its behalf by:

B P Larochelle Director |

THE DEVEREAUX SERVICE COMPANY LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2025
THE DEVEREAUX SERVICE COMPANY LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2025

##### 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

The Devereaux Service Company 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 45 Gresham Street, London, EC2V 7BG, United Kingdom.
The financial statements have been prepared under the historical cost convention, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The functional currency of The Devereaux Service Company Limited is considered to be USD because that is the currency of the primary economic environment in which the Company operates.
These financial statements are separate financial statements.

##### Going concern

The financial statements have been prepared on a going concern basis.
The Company acts as a cost centre and recharges its expenditure to a company under common ownership which is its sole customer. The arrangement is underpinned by a service agreement which specifies a mark-up of on costs, thereby guaranteeing a profit in the Company. The directors have obtained confirmation from the Company’s sole customer of its intention to continue with the current recharging arrangement. The directors consider that the Company is a going concern and that the financial statements are therefore correctly prepared on the going concern basis.

##### Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.
Exchange differences are recognised in the Statement of Income and Retained Earnings in the period in which they arise on monetary items.

##### Turnover

Turnover comprises recharges made to group entities in respect of all expenses which are recharged at cost plus an agreed markup.

##### Taxation

Current tax
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 Balance Sheet date.

##### Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 16 |  | 16

#### 3. Tangible assets

| Computer equipment |  | Total
| $ |  | $
Cost |  |  |
At 01 January 2025 | 62,600 |  | 62,600
At 31 December 2025 | 62,600 |  | 62,600
Accumulated depreciation |  |  |
At 01 January 2025 | 62,600 |  | 62,600
At 31 December 2025 | 62,600 |  | 62,600
Net book value |  |  |
At 31 December 2025 | 0 |  | 0
At 31 December 2024 | 0 |  | 0

#### 4. Debtors

| 2025 |  | 2024
| $ |  | $
Amounts owed by related parties | 2,037,488 |  | 2,128,760
Prepayments | 6,031 |  | 5,357
Other debtors | 26,530 |  | 14,088
| 2,070,049 |  | 2,148,205

#### 5. Creditors: amounts falling due within one year

| 2025 |  | 2024
| $ |  | $
Accruals | 141,157 |  | 39,939
Taxation and social security | 519,357 |  | 779,737
| 660,514 |  | 819,676

#### 6. Called-up share capital

| 2025 |  | 2024
| $ |  | $
Allotted, called-up and fully-paid |  |  |
1 Ordinary share of US $ 1.00 | 1 |  | 1

#### 7. Related party transactions

During the year the Company charged $3,058,332 (2024: $2,852,906) for management services to a company under common control. As at 31 December 2025, that company owed the Company $2,037,488 (2024: $2,128,760).
Included in this balance is a receivable of $426.701 (2024: $753,549) due in respect of a payroll tax liability which the Company intends to settle on behalf of a company under common control. There is a corresponding payroll tax liability included in creditors under "Taxation and social security"

#### 8. Audit Opinion

The auditor's report on the accounts for the financial year ended 31 December 2025 was unqualified.

The audit report was signed by Peter Key (Senior Statutory Auditor) on behalf of S&W Audit.

#### 9. Ultimate controlling party

The immediate parent undertaking is Chesterton International BV, a company registered in the Netherlands.
The ultimate parent undertaking is Chesterton Global Inc, a company incorporated in the USA.
The parent of the smallest and largest group that prepares consolidated accounts including the results of The Devereaux Service Company Limited is Chesterton International BV, a company incorporated in the Netherlands and having a registered office at Strawinskylaan 3127, 8th Floor, 1077ZX Netherlands.