REGISTERED NUMBER: 15368088 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

WEP EUROPE LIMITED

Page

Company information

1

Balance sheet

2

Notes to the financial statements

3

Director:

Mr S Bruckmann

Secretary:

Accomplish Secretaries Limited

Registered office:

7th Floor

50 Broadway

London

SW1H 0DB

Registered number:

15368088 (England and Wales)

FIXED ASSETS

Investments

4

101,455

57,211

CURRENT ASSETS

Debtors

5

426

47,560

Cash at bank

9,666

10,048

10,092

57,608

CREDITORS

Amounts falling due within one year

6

(21,831

)

(84,549

)

NET CURRENT LIABILITIES

(11,739

)

(26,941

)

TOTAL ASSETS LESS CURRENT LIABILITIES

89,716

30,270

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

89,715

30,269

SHAREHOLDERS' FUNDS

89,716

30,270

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 August 2026 and were signed by:

Mr S Bruckmann - Director

1.	STATUTORY INFORMATION

WEP Europe Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The company’s functional and presentational currency is pounds sterling (GBP) and the financial statements have been rounded to the nearest pound (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Preparation of consolidated financial statements

The financial statements contain information about WEP Europe Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investments in subsidiaries

Investments in subsidiaries are stated at cost less any accumulated impairment losses.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into.

Basic financial liabilities

Basic financial liabilities, including creditors, and loans from fellow group companies are initially recognised at transaction price.

Foreign currencies

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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to income statement in the period to which they relate.

Going concern

These financial statements have been prepared on a going concern basis. Management has assessed that itis expected to continue operating for the foreseeable future. This assessment is supported by the company’s stable sub-advisory fee income from its parent company, Warren Equity Partners Manager, L.P., which provides a consistent and reliable source of revenue. Additionally, no material uncertainties have been identified that would cast significant doubt on the company’s ability to continue as a going concern.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 2 ).

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

Cost

At 1 January 2025

57,211

Additions

44,244

At 31 December 2025

101,455

Net book value

At 31 December 2025

101,455

At 31 December 2024

57,211

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

17

Other debtors

426

47,543

426

47,560

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

21,831

77,449

Taxation and social security

-

7,100

21,831

84,549

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party and the immediate parent is Warren Equity Partners Manager, L.P is registered in the United State of America. The registered address is 3948 3rd Street S., #88, Jacksonville Beach, FL 32250, Florida, USA.