ACCOUNTS - Final Accounts preparation

Registered number: 16323172

2579 LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2026

2579 LIMITED

REGISTERED NUMBER: 16323172

BALANCE SHEET

AS AT 31 MARCH 2026

		2026
Note		£

Fixed assets
Investments	4		1,102,099
			1,102,099
Current assets
Cash at bank and in hand	5	60
		60
Creditors: amounts falling due within one year	6	(219,323)
Net current (liabilities)/assets			(219,263)
Total assets less current liabilities			882,836
Creditors: amounts falling due after more than one year	7		(657,968)

Net assets			224,868

Capital and reserves
Called up share capital			60
Profit and loss account			224,808
			224,868

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2579 LIMITED

REGISTERED NUMBER: 16323172

BALANCE SHEET (CONTINUED)

AS AT 31 MARCH 2026

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period 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 income and retained earnings 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 29 July 2026.

G Heath	S Bilton
Director	Director
P Norgate Director

The notes on pages 3 to 5 form part of these financial statements.

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2579 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2026

1.	General information

2579 Limited is a private limited company limited by shares and incorporated in England and Wales. Its registered office is Leigh House, 8 Broadway West, Leigh-On-Sea, Essex, United Kingdom, SS9 2DD.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

2.3

Valuation of investments

Investments in subsidiaries are measured at 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 Statement of Income and Retained Earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

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.

2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.6

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the period was 4.

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2579 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2026

4.	Fixed asset investments

		Unlisted investments
		£
	Cost or valuation
	Additions	1,102,099
	At 31 March 2026	1,102,099

5.	Cash and cash equivalents
		2026
		£

	Cash at bank and in hand	60

6.	Creditors: Amounts falling due within one year
		2026
		£

	Other loans	219,323

7.	Creditors: Amounts falling due after more than one year
		2026
		£

	Other loans	657,968

8.	Loans
	Analysis of the maturity of loans is given below:
		2026
		£

	Amounts falling due within one year
	Other loans	219,323
	Amounts falling due 1-2 years
	Other loans	657,968


		877,291

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2579 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2026

9.	Related party transactions
	At the year end, the company owed £877,291 to two directors. The loan is unsecured, interest-free and is repayable by instalments over five years.

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