CC Litigation Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 13761003 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2025

for

CC Litigation Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

The Hon R A H Wills

SECRETARIES:

T Sheikh

MBM Secretarial Services Limited

REGISTERED OFFICE:

Regent House

316a Beulah Hill

London

SE19 3HF

REGISTERED NUMBER:

13761003 (England and Wales)

ACCOUNTANTS:

Oculus Accountancy Ltd

83 Victoria Street

London

SW1H 0HW

FIXED ASSETS

Investments

4

9,392,600

9,061,172

CURRENT ASSETS

Cash in hand

100

140

CREDITORS

Amounts falling due within one year

5

(5,765,324

)

(5,721,201

)

NET CURRENT LIABILITIES

(5,765,224

)

(5,721,061

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,627,376

3,340,111

PROVISIONS FOR LIABILITIES

6

(1,029,520

)

(948,017

)

NET ASSETS

2,597,856

2,392,094

CAPITAL AND RESERVES

Called up share capital

7

1

Retained earnings

2,597,855

2,392,093

2,597,856

2,392,094

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 28 August 2026 and were signed by:

The Hon R A H Wills - Director

1.	STATUTORY INFORMATION

CC Litigation 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.

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 as modified by the revaluation of certain assets.

Going concern

After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being a period of at least twelve months from the date these financial statements were approved. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Financial instruments

The company has elected to apply Sections 11 and 12 of FRS 102 in respect of financial instruments.

Financial assets and financial liabilities are recognised when the company becomes 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.

The company’s policies for its major classes of financial assets and financial liabilities are set out

below.

Financial assets

Basic financial assets, including cash and bank balances, are initially recognised at transaction price,

unless the arrangement constitutes a financing transaction, where the transaction is measured at the

present value of the future receipts discounted at a market rate of interest for a similar debt

instrument. Financing transactions are those in which payment is deferred beyond normal business

terms or is financed at a rate of interest that is not a market rate.

Such assets are subsequently carried at amortised cost using the effective interest method, less any

impairment.

Financial liabilities

Basic financial liabilities, including other creditors, are initially recognised at transaction price, unless

the arrangement constitutes a financing transaction, where the debt instrument is measured at the

present value of the future payments discounted at a market rate of interest for a similar debt

instrument. Financing transactions are those in which payment is deferred beyond normal business

terms or is financed at a rate of interest that is not a market rate.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Impairment of financial assets

Financial assets measured at cost and amortised cost are assessed at the end of each reporting

period for objective evidence of impairment. If objective evidence of impairment is found, an

impairment loss is recognised in the profit and loss account.

For financial assets measured at cost less impairment, the impairment loss is measured as the

difference between the asset's carrying amount and the best estimate of the amount the company

would receive for the asset if it were to be sold at the reporting date.

For financial assets measured at amortised cost, the impairment loss is measured as the difference

between the asset's carrying amount and the present value of estimated cash flows discounted at the

asset's original effective interest rate. If the financial asset has a variable interest rate, the discount

rate for measuring any impairment loss is the current effective interest rate determined under the

contract.

If there is a decrease in the impairment loss arising from an event occurring after the impairment was

recognised, the impairment is reversed. The reversal is such that the current carrying amount does

not exceed what the carrying amount would have been had the impairment not previously been

recognised. The impairment reversal is recognised in profit or loss.

Derecognition of financial assets and financial liabilities

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset

expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are

transferred to another party or (c) despite having retained some significant risks and rewards of

ownership, control of the asset has been transferred to another party who has the practical ability to

unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual

obligation is discharged, cancelled or expires.

Offsetting of financial assets and financial liabilities

Financial assets and liabilities are offset and the net amount reported in the balance sheet when

there is an 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.

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in the profit and

loss account, except that a charge attributable to an item of income and expense recognised as other

comprehensive income or to an item recognised directly in equity is also recognised in other

comprehensive income or directly in equity respectively.

Current tax is the amount of income tax payable in respect of taxable profit for the year or prior years.

The current income tax charge is calculated on the basis of tax rates and laws that have been

enacted or substantively enacted by the balance sheet date in the countries where the company

operates and generates income.

Deferred tax arises from timing differences that are differences between taxable profits and total

comprehensive income as stated in the financial statements. These timing differences arise from the

inclusion of income and expenses in tax assessments in periods different from those in which they

are recognised in the financial statements.

Deferred tax balances are recognised in respect of all timing differences that have originated but not

reversed by the balance sheet date, except that:

- The recognition of deferred tax assets is limited to the extent that it is probable that they will be

recovered against the reversal of deferred tax liabilities or other future taxable profits; and

- Any deferred tax balances are reversed if and when all conditions for retaining associated tax

allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of

business combinations, when deferred tax is recognised on the differences between the fair values of

assets acquired and the future tax deductions available for them and the differences between the fair

values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined

using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Valuation of investments

Investments in associates, are measured at the cost less accumulated impairment.

Investments in unlisted company shares, whose market value can be reliably determined, are

remeasured to market value at each balance sheet date. Gains and losses on remeasurement are

recognised in the profit and loss account for the period. Where market value cannot be reliably

determined, such investments are stated at historic cost less impairment.

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest

method so that the amount charged is at a constant rate on the carrying amount. Issue costs are

initially recognised as a reduction in the proceeds of the associated capital instrument.

Provisions for liabilities

Provisions are made where an event has taken place that gives the company a legal or constructive

obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate

can be made of the amount of the obligation.

Provisions are charged as an expense to profit or loss in the year that the company becomes aware

of the obligation, and are measured at the best estimate at the balance sheet date of the expenditure

required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	FIXED ASSET INVESTMENTS

Interest

in

Unlisted

associate

investments

Totals

£

COST OR VALUATION

At 1 December 2024

300

9,060,872

9,061,172

Revaluations

-

331,428

At 30 November 2025

300

9,392,300

9,392,600

NET BOOK VALUE

At 30 November 2025

300

9,392,300

9,392,600

At 30 November 2024

300

9,060,872

9,061,172

Cost or valuation at 30 November 2025 is represented by:

Interest

in

Unlisted

associate

investments

Totals

£

Valuation in 0

-

331,428

Cost

300

9,060,872

9,061,172

300

9,392,300

9,392,600

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

Other creditors

5,765,324

5,721,201

6.	PROVISIONS FOR LIABILITIES

30.11.25

30.11.24

£

Deferred tax

1,029,520

948,017

Deferred

tax

£

Balance at 1 December 2024

948,017

Charge to Income Statement during year

81,503

Balance at 30 November 2025

1,029,520

2025 2024

£ £

Deferred Tax provision on unlisted investments 1,029,520 948,017

7.	CALLED UP SHARE CAPITAL

2025 2024

£ £

Allotted, called up and fully paid

1 Ordinary shares share of £1.00 1 1

8.	RELATED PARTY DISCLOSURES

Included in creditors is a balance of £5,762,024 (2024: £3,712,151) due to the director. This amount is interest free, unsecured and recoverable on demand.

Included in other creditors is a balance of £nil (2024: £2,000,000) owed to a company with a common director.This amount was recoverable on demand and included loan bearing interest at 2% on the outstanding balance per annum.