Higgins Capital Ltd

Higgins Capital Ltd Accountants' Report For the year ended 30 November 2025
Accountants report You consider that the company is exempt from an audit for the year ended 30 November 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. KT Accounts Ltd 45a Woodlands Road Sonning Common Reading RG49TD 28 August 2026 1

Higgins Capital Ltd
Accountants' Report
For the year ended 30 November 2025

Accountants report
You consider that the company is exempt from an audit for the year ended 30 November 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.

KT Accounts Ltd
45a Woodlands Road
Sonning Common
Reading
RG49TD
28 August 2026

Higgins Capital Ltd
Statement of Financial Position
As at 30 November 2025

	Notes	2025 £	2024 £ (as restated)
Fixed assets
Intangible fixed assets	3	70,500	82,140
Tangible fixed assets	4	1,200,000	1,533,337
Listed Investments	5	282,000	119,000
		1,552,500	1,734,477
Current assets
Current Investments		29,999	300,000
Cash at bank and in hand		5,126	150,148
		35,125	450,148
Creditors: amount falling due within one year		(1,145,343)	(1,524,992)
Net current assets		(1,110,218)	(1,074,844)

Total assets less current liabilities		442,282	659,633
Creditors: amount falling due after more than one year		(766,791)	(766,791)
Provisions for liabilities		7,523	6,238
Net assets		(316,986)	(100,920)

Capital and reserves
Called up share capital	6	1,000	1,000
Other Comprehensive Income	7	(153,337)	15,000
Profit and loss account		(164,649)	(116,920)
Shareholders' funds		(316,986)	(100,920)

For the year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 28 August 2026 and were signed by:

-------------------------------
Giles FITZPATRICK
Director

Higgins Capital Ltd
Notes to the Abridged Financial Statements
For the year ended 30 November 2025

General Information

Higgins Capital Ltd is a private company, limited by shares, registered in England and Wales, registration number 13008946, registration address Knapp, Crackington Haven, Bude, Cornwall, EX23 0JZ.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Intangible assets

Intangible assets comprise the non-repayable premium element of the company's Wimbledon Centre Court debentures, representing the right of admission to the Championships for the term of each debenture. The premium is amortised on a straight-line basis over the period during which the related Championships take place.

Investment properties

Investment property, comprising land and buildings held to earn rental income, is initially measured at cost and subsequently measured at fair value at each reporting date. Changes in fair value are recognised in profit or loss in the period in which they arise.

Fixed asset investments

Listed investments are stated at fair value, with movements recognised in other comprehensive income. The Wimbledon debenture nominal value is stated at cost.

Current asset investments

The 2024 balance represented a loan of £300,000 to an unconnected third party, which was repaid in full during the year. A new interest-free loan of £29,999 was advanced during the year to a different unconnected third party.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 1 (2024 : 1).

Intangible fixed assets

Cost	Other	Total
	£	£
At 01 December 2024	137,280	137,280
Additions	43,500	43,500
Disposals	(110,280)	(110,280)
At 30 November 2025	70,500	70,500
Amortisation
At 01 December 2024	55,140	55,140
Charge for year	55,140	55,140
On disposals	(110,280)	(110,280)
At 30 November 2025	-	-
Net book values
At 30 November 2025	70,500	70,500
At 30 November 2024	82,140	82,140

Tangible fixed assets

Cost or valuation	Investment properties	Total
	£	£
At 01 December 2024	1,533,337	1,533,337
Additions	-	-
Disposals	-	-
Revaluations	(333,337)	(333,337)
At 30 November 2025	1,200,000	1,200,000
Depreciation
At 01 December 2024	-	-
Charge for year	-	-
On disposals	-	-
At 30 November 2025	-	-
Net book values
Closing balance as at 30 November 2025	1,200,000	1,200,000
Opening balance as at 01 December 2024	1,533,337	1,533,337

Listed Investments

Cost	Other investments other than loans	Total
	£	£
At 01 December 2024	119,000	119,000
Additions	-	-
Disposals	(2,000)	(2,000)
Revaluations	165,000	165,000
At 30 November 2025	282,000	282,000

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
1,000 Ordinary shares of £1.00 each	1,000		1,000
	1,000		1,000

Registered Number: 13008946
England and Wales
HIGGINS CAPITAL LTD

Abridged Accounts

Period of accounts Start date: 01 December 2024 End date: 30 November 2025