Ssm One Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 09273700

		31 March 2026		30 April 2025
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	4	5,818,143		5,641,029
Cash at bank and in hand		5,178		7,697

		5,823,321		5,648,726
Creditors: Amounts Falling Due Within One Year	5	(3,140,447 )		(3,149,825 )

NET CURRENT ASSETS (LIABILITIES)			2,682,874		2,498,901

TOTAL ASSETS LESS CURRENT LIABILITIES			2,682,874		2,498,901

Creditors: Amounts Falling Due After More Than One Year	6		-		(574 )

NET ASSETS			2,682,874		2,498,327

CAPITAL AND RESERVES
Called up share capital	8		28		28
Share premium account			597,992		597,992
Profit and Loss Account			2,084,854		1,900,307

SHAREHOLDERS' FUNDS			2,682,874		2,498,327

Page 1

Page 2

Ssm One Limited

Balance Sheet (continued)

As At 31 March 2026

For the period ending 31 March 2026 the company was entitled to exemption from audit 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr M Froggatt

Director

21/08/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Ssm One Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09273700 . The registered office is Hilco, 84 Grosvenor Street, London, W1K 3JZ.

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, excluding discounts, rebates, value added tax and other sales taxes.

2.3. 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.

2.4. Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred Tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements.

Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 3 (2025: 3)

4. Debtors

	31 March 2026	30 April 2025
	£	£
Due within one year
Amounts owed by group undertakings	4,058,143	3,247,602
Other debtors	137,491	39,135

	4,195,634	3,286,737
Due after more than one year
Trade debtors	1,622,509	2,354,292

	5,818,143	5,641,029

Page 3

Page 4

Ssm One Limited

Notes to the Financial Statements (continued)

For the Period 1 May 2025 to 31 March 2026

5. Creditors: Amounts Falling Due Within One Year

	31 March 2026	30 April 2025
	£	£
Bank loans and overdrafts	1,024	4,090
Amounts owed to group undertakings	2,339,599	2,308,962
Taxation and social security	799,824	836,773

	3,140,447	3,149,825

6. Creditors: Amounts Falling Due After More Than One Year

	31 March 2026	30 April 2025
	£	£
Bank loans	-	574

7. Secured Creditors

There is a fixed and floating charge over the assets of the company by Proportunity Investor NewCo Limited. The balance due to Proportunity Investor NewCo Limited at the year end was £2,339,599 (2025: £2,308,962), and this is disclosed in group balances due in less than one year.

There is a second fixed and floating charge over the assets of the company by Huk 131 Limited.

8. Share Capital

	31 March 2026	30 April 2025
	£	£
Allotted, Called up and fully paid	28	28

9. Related Party Transactions

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Page 4