REGISTERED NUMBER: 16141040 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 17 DECEMBER 2024 TO 31 DECEMBER 2025

FOR

CRESTVIEW IV SB HOLDINGS, LTD

Page

Company information

1

Balance sheet

2

Notes to the financial statements

3

Directors:

Ms E Pellicone

Mr R V Delaney

Mr B S Volpert

Secretary:

Accomplish Secretaries Limited

Registered office:

7th Floor

50 Broadway

London

SW1H 0DB

Registered number:

16141040 (England and Wales)

FIXED ASSETS

Investments

4

78,989,215

CURRENT ASSETS

Debtors

5

2,603

CREDITORS

Amounts falling due within one year

6

(19,284

)

NET CURRENT LIABILITIES

(16,681

)

TOTAL ASSETS LESS CURRENT LIABILITIES

78,972,534

CAPITAL AND RESERVES

Called up share capital

7

1

Capital contributions

33,054,694

Fair value reserve

37,471,042

Retained earnings

8,446,797

SHAREHOLDERS' FUNDS

78,972,534

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of comprehensive income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 September 2026 and were signed on its behalf by:

Ms E Pellicone - Director

1.	STATUTORY INFORMATION

Crestview IV SB Holdings, 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 company's functional and presentational currency is US Dollars (USD) and the financial statements have been rounded to the nearest dollar ($).

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.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally 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.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into.

Basic financial liabilities

Basic financial liabilities, including creditors, and loans from fellow group companies are initially recognised at transaction price.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are initially recognised at transaction price.

Foreign currencies

Assets and liabilities in foreign currencies are translated into US Dollars at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into US Dollars at the average monthly rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Investments

Investments consist of purchased loan and credit facilities, these are initially recognised at cost which includes directly attributable costs.

Subsequent measurement is at fair value less any accumulated impairment loss.

Increases in revaluation are recognised in other comprehensive income and accumulated in equity. Any increase shall be recognised in profit or loss to the extent that it reverses a revaluation decrease of the same investment previously recognised in profit or loss.

Any decrease of an investment’s carrying amount as a result of a revaluation shall be recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity, in respect of that investment. If a revaluation decrease exceeds the accumulated revaluation gains recognised in equity in respect of that asset, the excess shall be recognised in profit or loss.

Interest receivable on the loans is recognised in profit or loss.

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that adequate resources will be made available by the parent entity to allow the company to continue in operational existence for the foreseeable future. Accordingly, the financial statements have been prepared on the going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4.	FIXED ASSET INVESTMENTS

Loan and

credit

facilities

$

New in year

41,518,173

Other movement

37,471,042

At 31 December 2025

78,989,215

Other movement is a revaluation at the period end.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

$

Other debtors

2,603

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

$

Trade creditors

100

Amounts owed to group undertakings

6,987

Other creditors

12,197

19,284

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

$

1

Ordinary

$1

1

1 Ordinary share of $1 was allotted and fully paid for cash at par during the period.