ACCOUNTS - Final Accounts

The net book value of land and buildings may be further analysed as follows:

Registered number: 09015999

COMPETITIVE SOCIALISING LIMITED

ANNUAL REPORT AND FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 28 DECEMBER 2025

COMPETITIVE SOCIALISING LIMITED

COMPANY INFORMATION

Directors	J D Simmonds
	M R Grech-Smith (resigned 1 September 2025)
	J S Goldstein
	A J Taylor (resigned 31 January 2025)
	J N D Stelzer (appointed 24 January 2025)


Registered number	09015999


Registered office	101 New Cavendish Street
	1st Floor South
	London
	W1W 6XH


Independent auditors	Harris & Trotter LLP
	Chartered Accountants & Statutory Auditors
	101 New Cavendish Street
	1st Floor South
	London
	W1W 6XH

COMPETITIVE SOCIALISING LIMITED

CONTENTS

	Page
Strategic Report	1 - 3
Directors' Report	4 - 5
Independent Auditors' Report	6 - 9
Statement of Comprehensive Income	10
Balance Sheet	11 - 12
Statement of Changes in Equity	13
Notes to the Financial Statements	14 - 22

COMPETITIVE SOCIALISING LIMITED

STRATEGIC REPORT

FOR THE PERIOD ENDED 28 DECEMBER 2025

Introduction

The directors present their report and financial statements for the period ended 28 December 2025.

Business review

The principal activity remains that of experiential leisure in the hospitality market.

The key financial highlights are as follows:


		period ended 28 December 2025	period ended 29 December 2024
		£	£


Loss before taxation	(136,220)	(223,825)
Loss before exceptional items	(136,220)	(223,825)
Shareholder funds	752,415	704,837

Page 1

COMPETITIVE SOCIALISING LIMITED

STRATEGIC REPORT (CONTINUED)

FOR THE PERIOD ENDED 28 DECEMBER 2025

Employee Involvement

The Company is committed to providing equality of opportunity to all employees without discrimination and applied fair and equitable employment policies which ensure entry and progression within the Company. Appointments are determined solely by application of job criteria and competency.

Principal risks and uncertainties

Financial instruments

The Company's principal financial instruments comprise bank balances, rent deposits, bank loans, letters of credit, trade creditors and other creditors. The main purpose of these instruments is to raise funds for the Company's operations and to finance the Company's operations.

Due to the nature of the financial instruments used by the Company there is no exposure to price risk. The Company's approach to managing other risks applicable to the financial instruments concerned is shown below.

Liquidity risk

In respect of bank balances the liquidity risk is managed by maintaining a balance between the continuity of funding and the flexibility through the use of bank loans. The Company does not make use of money market facilities.

Trade creditor liquidity risk is managed by ensuring sufficient funds are available to meet amounts due.

Competition

The market in which the Company operates is becoming increasingly competitive through the introduction of new entrants as well as the expansion of established players. Trading demonstrates that the Company maintains a strong position, due to factors including the location of the sites, the brand recognition and the quality of the experience provided. These factors are expected to ensure continued growth and profitability.

Interest rate risk

The Company has significant external loan commitments, based on both SONIA plus 2.50% - 3.00%, as well as at the Bank of England Base Rate plus 3.99%. Should SONIA and the Base Rate significantly fluctuate over the term of the loans, the Company is exposed to higher interest payments against the outstanding loans.

The Company believe that it will return to a level of profitability sufficient to absorb any potential increase in the interest rate until the end of the loan term. In the interim, the Company believe that there are sufficient cash reserves.

Page 2

COMPETITIVE SOCIALISING LIMITED

STRATEGIC REPORT (CONTINUED)

FOR THE PERIOD ENDED 28 DECEMBER 2025

Environment Policy

The Company will seek to minimise adverse impacts on the environment arising from its activities where possible, while continuing to address health, safety, and economic considerations. The Company has complied with all applicable legislation and regulations.

This report was approved by the board on 18 August 2026 and signed on its behalf.

J D Simmonds

Director

Page 3

COMPETITIVE SOCIALISING LIMITED

DIRECTORS' REPORT

FOR THE PERIOD ENDED 28 DECEMBER 2025

The directors present their report and the financial statements for the period ended 28 December 2025.

Directors' responsibilities statement

The directors are responsible for preparing the Strategic Report, the Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period.

In preparing these financial statements, the directors are required to:

∙select suitable accounting policies for the Company's financial statements and then apply them consistently;

∙make judgments and accounting estimates that are reasonable and prudent;

∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Results and dividends

The loss for the period, after taxation, amounted to £44,321 (2024 - profit £416,585).

Directors

The directors who served during the period were:

J D Simmonds

M R Grech-Smith (resigned 1 September 2025)

J S Goldstein

A J Taylor (resigned 31 January 2025)

J N D Stelzer (appointed 24 January 2025)

Disclosure of information to auditors

Each of the persons who are directors at the time when this Directors' Report is approved has confirmed that:

∙so far as the director is aware, there is no relevant audit information of which the Company's auditors are unaware, and

∙the director has taken all the steps that ought to have been taken as a director in order to be aware of any relevant audit information and to establish that the Company's auditors are aware of that information.

Page 4

COMPETITIVE SOCIALISING LIMITED

DIRECTORS' REPORT (CONTINUED)

FOR THE PERIOD ENDED 28 DECEMBER 2025

Post balance sheet events

There have been no significant events affecting the Company since the year end.

Auditors

The auditors, Harris & Trotter LLP, will be proposed for reappointment in accordance with section 485 of the Companies Act 2006.

This report was approved by the board on 18 August 2026 and signed on its behalf.

J D Simmonds

Director

Page 5

COMPETITIVE SOCIALISING LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF COMPETITIVE SOCIALISING LIMITED

UNDER SECTION 449 OF THE COMPANIES ACT 2006

Opinion

We have audited the financial statements of Competitive Socialising Limited (the 'Company') for the period ended 28 December 2025, which comprise the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

∙give a true and fair view of the state of the Company's affairs as at 28 December 2025 and of its loss for the period then ended;

∙have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

∙have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the Company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Page 6

COMPETITIVE SOCIALISING LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF COMPETITIVE SOCIALISING LIMITED (CONTINUED)

UNDER SECTION 449 OF THE COMPANIES ACT 2006

Other information

The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' Report thereon. The directors are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinion on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

∙the information given in the Strategic Report and the Directors' Report for the financial period for which the financial statements are prepared is consistent with the financial statements; and

∙the Strategic Report and the Directors' Report have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the Company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Directors' Report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

∙adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

∙the financial statements are not in agreement with the accounting records and returns; or

∙certain disclosures of directors' remuneration specified by law are not made; or

∙we have not received all the information and explanations we require for our audit; or

∙the directors were not entitled to prepare the financial statements in accordance with the small companies regime

Page 7

COMPETITIVE SOCIALISING LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF COMPETITIVE SOCIALISING LIMITED (CONTINUED)

UNDER SECTION 449 OF THE COMPANIES ACT 2006

Responsibilities of directors

As explained more fully in the Directors' Responsibilities Statement set out on page 4, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the Company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

The objectives of our audit are to identify and assess the risks of material misstatement of the financial statements due to fraud or error; to obtain sufficient appropriate audit evidence regarding the assessed risks of material misstatement due to fraud or error; and to respond appropriately to those risks. Owing to the inherent limitations of an audit, there is an unavoidable risk that material misstatements in the financial statements may not be detected, even though the audit is properly planned and performed in accordance with the ISAs (UK).

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, our procedures included the following:

• We obtained an understanding of the legal and regulatory frameworks applicable to the Company and the industry in which it operates. We determined that the following laws and regulations were most significant: FRS 102 and the Companies Act 2006.

• We obtained an understanding of how the Company is complying with those legal and regulatory frameworks by making enquiries of management.

• We challenged assumptions and judgments made by management in its significant accounting estimates.

We did not identify any key audit matters relating to irregularities, including fraud.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' Report.

Page 8

COMPETITIVE SOCIALISING LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF COMPETITIVE SOCIALISING LIMITED (CONTINUED)

UNDER SECTION 449 OF THE COMPANIES ACT 2006

Use of our report

This report is made solely to the Company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the Company's members those matters we are required to state to them in an Auditors' Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's members, as a body, for our audit work, for this report, or for the opinions we have formed.

Daniel Walters (Senior Statutory Auditor)

for and on behalf of

Harris & Trotter LLP

Chartered Accountants

Statutory Auditors

101 New Cavendish Street

1st Floor South

London

W1W 6XH

18 August 2026

Page 9

COMPETITIVE SOCIALISING LIMITED

STATEMENT OF COMPREHENSIVE INCOME

FOR THE PERIOD ENDED 28 DECEMBER 2025

	2025	2024
	£	£


Administrative expenses	(136,220)	(223,825)
Operating loss	(136,220)	(223,825)
Tax on loss	91,899	640,410
(Loss)/profit for the financial period	(44,321)	416,585


Total comprehensive income for the period		(44,321)	416,585

The notes on pages 14 to 22 form part of these financial statements.

Page 10

COMPETITIVE SOCIALISING LIMITED

REGISTERED NUMBER: 09015999

BALANCE SHEET

AS AT 28 DECEMBER 2025

	28 December	29 December
	2025	2024
Note	£	£

Fixed assets
Intangible assets	5		167,649		215,277
Tangible assets	6		239,892		230,228
Investments	7		75,729		75,729
			483,270		521,234
Current assets
Debtors: amounts falling due within one year	8	27,674,699		23,332,791
Cash at bank and in hand	9	129,513		346,331
		27,804,212		23,679,122
Creditors: amounts falling due within one year	10	(27,626,966)		(23,495,519)
Net current assets			177,246		183,603
Total assets less current liabilities			660,516		704,837

Net assets			660,516		704,837

Capital and reserves
Called up share capital	211,342	211,342
Share premium account	4,163,054	4,163,054
Profit and loss account	(3,713,880)	(3,669,559)
	660,516	704,837

Page 11

COMPETITIVE SOCIALISING LIMITED

REGISTERED NUMBER: 09015999

BALANCE SHEET (CONTINUED)

AS AT 28 DECEMBER 2025

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the 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 18 August 2026.

J D Simmonds

Director

The notes on pages 14 to 22 form part of these financial statements.

Page 12

COMPETITIVE SOCIALISING LIMITED

STATEMENT OF CHANGES IN EQUITY

FOR THE PERIOD ENDED 28 DECEMBER 2025

	Called up share capital	Share premium account	Profit and loss account	Total equity
	£	£	£	£
At 25 December 2023	211,342	4,163,054	(4,086,144)	288,252

Profit for the period	-	-	416,585	416,585

At 30 December 2024	211,342	4,163,054	(3,669,559)	704,837

Loss for the period	-	-	(44,321)	(44,321)
At 28 December 2025	211,342	4,163,054	(3,713,880)	660,516

The notes on pages 14 to 22 form part of these financial statements.

Page 13

COMPETITIVE SOCIALISING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 28 DECEMBER 2025

1.	General information

Competitive Socialising Limited is a private company, limited by shares, incorporated in the United Kingdom and registered in England and Wales (registered number: 09015999).

The principal activity of the Company continued to be that of the provision of experiential leisure in the hospitality market.

The Company's registered office address is 101 New Cavendish Street, First Floor South, London, W1W 6XH. The principal place of business is 15 John Prince's St, London, W1G 0AB.

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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies (see note 3).

The following principal accounting policies have been applied:

2.2

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.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 14

COMPETITIVE SOCIALISING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 28 DECEMBER 2025

2.Accounting policies (continued)

2.3

Current and deferred taxation

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

2.4

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

2.5

Tangible fixed assets

Tangible fixed 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.

Page 15

COMPETITIVE SOCIALISING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 28 DECEMBER 2025

2.Accounting policies (continued)

2.5

Tangible fixed assets (continued)

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:

Short-term leasehold property	-	Over the lease term
Fixtures and fittings	-	25%
Office equipment	-	25%
Computer equipment	-	25%

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 profit or loss.

2.6

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 Comprehensive Income 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.

2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.8

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.

2.9

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.

Page 16

COMPETITIVE SOCIALISING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 28 DECEMBER 2025

2.Accounting policies (continued)

2.10

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.

Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.

Increases in provisions are generally charged as an expense to profit or loss.

3.	Judgments in applying accounting policies and key sources of estimation uncertainty

In the application of the Company's accounting policies, which are described in note 2, management is required to make judgments, estimates and assumptions about the carrying values of assets and the liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revisions affect only that period, or in the period of the revisions and future periods if the revision affects both current and future periods.

Employees

The average monthly number of employees, including the directors, during the period was as follows:

	2025	2024
	No.	No.

Employees	28	42

Page 17

COMPETITIVE SOCIALISING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 28 DECEMBER 2025

5.	Intangible assets

		Computer software
		£
	Cost
	At 30 December 2024	743,560
	Additions	78,713
	Disposals	(52,821)
	At 28 December 2025	769,452
	Amortisation
	At 30 December 2024	528,283
	Charge for the period on owned assets	106,276
	On disposals	(32,756)
	At 28 December 2025	601,803
	Net book value
	At 28 December 2025	167,649
	At 29 December 2024	215,277

Page 18

COMPETITIVE SOCIALISING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 28 DECEMBER 2025

6.	Tangible fixed assets

	Short-term leasehold property	Fixtures and fittings	Office equipment	Computer equipment	Total
	£	£	£	£	£
Cost or valuation
At 30 December 2024	379,547	2,574	15,819	134,972	532,912
Additions	94,470	10,000	-	2,918	107,388
Transfers between classes	-	-	-	-	-
At 28 December 2025	474,017	12,574	15,819	137,890	640,300
Depreciation
At 30 December 2024	186,865	2,357	15,819	97,644	302,685
Charge for the period on owned assets	76,160	1,149	-	20,414	97,723
At 28 December 2025	263,025	3,506	15,819	118,058	400,408
Net book value
At 28 December 2025	210,992	9,068	-	19,832	239,892
At 29 December 2024	192,682	217	-	37,329	230,228

Short leasehold	210,992	192,682
	210,992	192,682

Page 19

COMPETITIVE SOCIALISING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 28 DECEMBER 2025

7.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	At 29 December 2024	75,729
	At 28 December 2025	75,729

The aggregate of the share capital and reserves as at 28 December 2025 and the profit or loss for the period ended on that date for the subsidiary undertaking was as follows:

Debtors

					28 December	29 December
					2025	2024
					£	£

Trade debtors	223	2,232
Amounts owed by group undertakings	26,315,393	22,102,538
Amounts owed by joint ventures and associated undertakings	48,485	41,331
Other debtors	142,699	147,513
Called up share capital not paid	-	3
Prepayments and accrued income	242,591	205,765
Deferred taxation	925,308	833,409
	27,674,699	23,332,791

Page 20

COMPETITIVE SOCIALISING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 28 DECEMBER 2025

Cash at bank and in hand	129,513	346,331
	129,513	346,331

Trade creditors	71,054	134,641
Amounts owed to group undertakings	26,106,656	21,477,770
Other taxation and social security	180,955	465,155
Other creditors	1,003,416	1,082,646
Accruals and deferred income	264,885	335,307
	27,626,966	23,495,519

11.	Deferred taxation

		2025
		£

	At beginning of year	833,409
	Charged to profit or loss	91,899
	At end of year	925,308

Page 21

COMPETITIVE SOCIALISING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 28 DECEMBER 2025

11.Deferred taxation (continued)

Accelerated capital allowances	-	(63,206)
Tax losses carried forward	833,409	896,615
Charged to profit and loss	91,899	-
	925,308	833,409

12.	Related party transactions
	FRS 102 does not require disclosure of transactions entered into between two or more members of a group, provided that any subsidiary which is a party to the transaction is wholly owned by such a member.

13.	Controlling party

The smallest group to consolidate these financial statements is Competitive Socialising Group Limited, a private Company incorporated in England & Wales (registered number: 13420604). The registered office of Competitive Socialising Group Limited is 101 New Cavendish Street. First Floor South, London, W1W 6XH.

Page 22