ACCOUNTS - Final Accounts preparation

Registered number: 08306126

McCourt Holdings (UK) Limited

Financial statements

Information for filing with the registrar

30 November 2025


McCourt Holdings (UK) Limited

Balance sheet

At 30 November 2025

		2025		2024
Note		£		£

Fixed assets
Fixed asset investments	4		1,000		1,000
			1,000		1,000
Current assets
Debtors	5	25,301		26,122
		25,301		26,122
Creditors: amounts falling due within one year	6	(25,301)		(26,122)
Net current assets			-		-
Total assets less current liabilities			1,000		1,000

Net assets			1,000		1,000

Capital and reserves
Called up share capital	1,000	1,000
Shareholders' funds	1,000	1,000


McCourt Holdings (UK) Limited

Balance sheet (continued)

At 30 November 2025

For the year ended 30 November 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 25 August 2026.

B Stoikovich

Director

Company registered number: 08306126
The notes on pages 3 to 4 form part of these financial statements.


McCourt Holdings (UK) Limited

Notes to the financial statements

Year ended 30 November 2025

1.	General information

McCourt Holdings (UK) Limited ('the company') is a private company limited by shares, incorporated and domiciled in the United Kingdom and registered in England. The address of the registered office is Citygate, St James' Boulevard, Newcastle upon Tyne, NE1 4JE.

2.Statement of compliance

2.1

Basis of preparation

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

2.2

Profit and loss account

The company has not traded during the year or the preceding financial year. During this time, the company received no income and incurred no expenditure and therefore no profit and loss account is presented in these financial statements.

2.3

Going concern

The company continues with the ongoing support from Sovereign Metals Limited, the ultimate parent company, which is incorporated in Australia.

2.4

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.6

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of
financial assets and liabilities like trade and other debtors and creditors, loans from banks and other
third parties, loans to related parties and investments in ordinary shares.

Employees

The company has no employees, other than the directors, who did not receive any remuneration in the current or prior year.


McCourt Holdings (UK) Limited

Notes to the financial statements

Year ended 30 November 2025

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost
	At 1 December 2024	1,000
	At 30 November 2025	1,000

The company owns 100% of the issued share capital of McCourt Mining (UK) Limited, a company registered in England. The company also owns 1% of the investment held in McCourt Mining Limited and Sovereign Services Limited, subsidiary companies of McCourt Mining (UK) Limited, which are registered in Malawi.

Debtors

					2025	2024
					£	£


Amounts owed by group undertakings	24,301	25,122
Called up share capital not paid	1,000	1,000
	25,301	26,122

6.	Creditors: amounts falling due within one year
		2025	2024
		£	£

Amounts owed to group undertakings	24,301	25,122
Other creditors	1,000	1,000
	25,301	26,122

7.	Controlling party

McCourt Mining Pty Ltd is the parent company and Sovereign Metals Limited, a company incorporated in Australia, is considered to be the ultimate controlling party.