Company No: 16500834 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	30.04.2026
		£
Fixed assets
Investments	3	7,162,186
		7,162,186
Current assets
Debtors	4	89,409
Cash at bank and in hand		1,000
		90,409
Creditors: amounts falling due within one year	5	( 42,245)
Net current assets		48,164
Total assets less current liabilities		7,210,350
Creditors: amounts falling due after more than one year	6	( 2,458,833)
Net assets		4,751,517
Capital and reserves
Called-up share capital	7	4,761,000
Profit and loss account		( 9,483 )
Total shareholders' funds		4,751,517

For the financial period ending 30 April 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
• 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Ifamax Holdings Limited (registered number: 16500834) were approved and authorised for issue by the Board of Directors on 22 July 2026. They were signed on its behalf by:

A A Chritchlow Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

Ifamax Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Ground Floor, 1 Temple Back, Bristol, BS1 6FL, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption in section 399 of the Companies Act 2006 not to prepare consolidated accounts, because the group it heads qualifies as small. The financial statements present information about the Company as an individual entity only.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a 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.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	Period from 06.06.2025 to 30.04.2026
	Number
Monthly average number of persons employed by the Company during the period, including directors	0

3. Fixed asset investments

Investments in subsidiaries

	30.04.2026
	£
Cost
At 06 June 2025	0
Additions	7,162,186
At 30 April 2026	7,162,186
Carrying value at 30 April 2026	7,162,186

4. Debtors

	30.04.2026
	£
Amounts owed by Group undertakings	89,409

5. Creditors: amounts falling due within one year

	30.04.2026
	£
Accruals	42,245

6. Creditors: amounts falling due after more than one year

	30.04.2026
	£
Other loans	2,458,833

There are no amounts included above in respect of which any security has been given by the small entity.

7. Called-up share capital

	30.04.2026
	£
Allotted, called-up and fully-paid
1,656,000 Ordinary shares of £ 1.00 each	1,656,000
3,105,000 Ordinary A shares of £ 1.00 each	3,105,000
	4,761,000

On incorporation, 2 Ordinary shares were issued at par.
On 14 August 2025, 1,655,998 Ordinary shares and 3,105,000 'A' Ordinary were issued at par.

8. Related party transactions

The company has taken advantage of the exemptions from disclosing transactions with its wholly owned subsidiaries.