Contents of the Financial Statements

for the Period Ended 31 December 2025

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

Directors' report period ended 31 December 2025

The directors present their report with the financial statements of the company for the period ended 31 December 2025

Directors

The directors shown below have held office during the whole of the period from
1 January 2025 to 31 December 2025

Anders Madsen
Henrika Vikman

The directors shown below have held office during the period of
1 January 2025 to 8 April 2025

Erica Åstrand
Linn Edström Larsson

The directors shown below have held office during the period of
8 April 2025 to 31 December 2025

David Crawford
Alexandra Christiansen

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
26 March 2026

And signed on behalf of the board by:
Name: Anders Madsen
Status: Director

Profit And Loss Account

for the Period Ended 31 December 2025

	2025	2024
	£	£
Turnover:	4,409,651	4,361,537
Gross profit(or loss):	4,409,651	4,361,537
Administrative expenses:	( 4,595,026 )	( 3,220,046 )
Operating profit(or loss):	(185,375)	1,141,491
Interest receivable and similar income:	219,164	242,156
Profit(or loss) before tax:	33,789	1,383,647
Tax:	( 23,104 )	( 355,869 )
Profit(or loss) for the financial year:	10,685	1,027,778

Balance sheet

As at 31 December 2025

	Notes	2025	2024
		£	£
Called up share capital not paid:		0	0
Fixed assets
Tangible assets:	3	1,589	3,205
Total fixed assets:		1,589	3,205
Current assets
Debtors:	4	1,188,605	411,621
Cash at bank and in hand:		6,506,700	6,858,147
Total current assets:		7,695,305	7,269,768
Creditors: amounts falling due within one year:	5	( 1,299,697 )	( 876,391 )
Net current assets (liabilities):		6,395,608	6,393,377
Total assets less current liabilities:		6,397,197	6,396,582
Creditors: amounts falling due after more than one year:	6	( 7,923 )	( 17,993 )
Total net assets (liabilities):		6,389,274	6,378,589
Capital and reserves
Called up share capital:		5,000	5,000
Other reserves:		2,000,000	2,000,000
Profit and loss account:		4,384,274	4,373,589
Total Shareholders' funds:		6,389,274	6,378,589

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 December 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 December 2025

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

  Turnover policy

  in this case turnover is named revenue. Revenue is attributable to providing services to other group companies, consisting primarily of fund marketing support and share of fees from discretionary mandates, net of discounts and rebates allowed by the Company and value added taxes. Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and revenue can be reliably measured. Revenue is recognised in the accounting period in which the services are rendered. The Company does not expect to have any contracts where the period between the transfer of the promised goods or services to the customer and payment by the customer exceeds one year. As a consequence, the Company does not adjust any of the transaction prices for the time value of money. The primary source of revenue of the Company is calculated through a profit split method. Under this method, the relevant profit is allocated, using an economically justified basis, between the Company and the other related parties participating in the underlying transactions. On the calculation of the revenue derived from this method, the Company takes into consideration inputs such as the value of the relevant assets under management and net income.

  Tangible fixed assets depreciation policy

  Tangible assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method. Depreciation is provided on the following basis: Office equipment - 3 years The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of Comprehensive Income.

  Other accounting policies

  additional accounting policies covering the recognition, measurement and presentation of significant items in the accounts. These policies address, among other matters, revenue recognition, taxation, financial instruments, foreign currency transactions, fixed assets, leases, provisions, employee-related matters and other areas material to the company's financial reporting.

Notes to the Financial Statements

for the Period Ended 31 December 2025

• 2. Employees

  	2025	2024
  Average number of employees during the period	10	7