REGISTERED NUMBER: 09301904 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2025

for

KITTIWAKE INVESTMENTS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Ms S L Cartledge

REGISTERED OFFICE:

Roppeleghs

West End Lane

Haslemere

Surrey

GU27 2EN

REGISTERED NUMBER:

09301904 (England and Wales)

BANKERS:

Rothschild & Co Bank International

Limited

St Julian's Court

St Peter Port

Guernsey GY1 3BP

FIXED ASSETS

Investments

4

7,559,431

7,689,817

CURRENT ASSETS

Debtors

5

170,841

169,526

Cash at bank and in hand

1,621,871

1,824,472

1,792,712

1,993,998

CREDITORS

Amounts falling due within one year

6

99,271

157,820

NET CURRENT ASSETS

1,693,441

1,836,178

TOTAL ASSETS LESS CURRENT LIABILITIES

9,252,872

9,525,995

PROVISIONS FOR LIABILITIES

349,885

319,244

NET ASSETS

8,902,987

9,206,751

CAPITAL AND RESERVES

Called up share capital

8,001

8,001

Share premium

7,992,000

7,992,000

Retained earnings

902,986

1,206,750

8,902,987

9,206,751

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 her 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 31 August 2026 and were signed by:

Ms S L Cartledge - Director

1.	STATUTORY INFORMATION

Kittiwake Investments Ltd 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 presentation currency of the financial statements is the Pound Sterling (£).

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.

Significant judgements and estimates

The company's financial assets comprise loans to third parties at commercial rates of interest. Such balances are reviewed for impairment when objective evidence indicates that they may not be recoverable. to date no such impairments have been noted. It is possible that future events could lead to such impairment, in which case the company may not recover all fo the amount shown as due in these financial statements.

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.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-en exchange rates or monetary assets and liabilities denominated in foreign currencies are recognised in profit and loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Fixed assets investments

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 December 2024

7,689,817

Additions

568,443

Disposals

(634,953

)

Revaluations

(63,876

)

At 30 November 2025

7,559,431

NET BOOK VALUE

At 30 November 2025

7,559,431

At 30 November 2024

7,689,817

Cost or valuation at 30 November 2025 is represented by:

Other

investments

£

Valuation in 2025

1,421,421

Cost

6,138,010

7,559,431

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

170,841

169,526

All other debtors are initially recognised at transaction value, as all bear interest at commercial rates. Therefore, other debtors are reviewed for impairment where there is objective evidence based on observable data that the balance may be impaired.

The company does not hold collateral against its other receivables so its exposure to credit risk is the balance of other debtors noted above.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

43,756

98,327

Other creditors

55,515

59,493

99,271

157,820