REGISTERED NUMBER: 15354181 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

ARCONI INVEST LIMITED

Page

Company information

1

Balance sheet

2

Notes to the financial statements

3

Director:

Mr A J I Agneessens

Registered office:

Suite 5, 7th Floor

50 Broadway

London

SW1H 0DB

Registered number:

15354181 (England and Wales)

FIXED ASSETS

Investments

4

3,309,000

3,309,000

CREDITORS

Amounts falling due within one year

5

(37,510

)

(15,787

)

NET CURRENT LIABILITIES

(37,510

)

(15,787

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,271,490

3,293,213

CREDITORS

Amounts falling due after more than one year

6

(2,379,818

)

(2,450,707

)

NET ASSETS

891,672

842,506

CAPITAL AND RESERVES

Called up share capital

128

128

Share premium

820,335

820,335

Retained earnings

71,209

22,043

SHAREHOLDERS' FUNDS

891,672

842,506

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

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

The director acknowledges his 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 Income statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 September 2026 and were signed by:

Mr A J I Agneessens - Director

1.	STATUTORY INFORMATION

Arconi Invest Limited 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 FRS102 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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 rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Investment in associates

Investments in associates are initially recorded at cost.

Dividend income

Dividend income from investments is recognised when the right to receive payment has been established and the amount of revenue can be measured reliably.

Interest payable

Interest payable is recognised in the income statement in the period in which it is incurred.

Going concern

The company is reliant on the support of the director to meet its day to day liabilities. The director will not require repayment of the director's loan account until such time the company is able to make any repayment. Due to this the financial statements have prepared using the going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	FIXED ASSET INVESTMENTS

Interest in

associate

$

Cost

At 1 January 2025

and 31 December 2025

3,309,000

Net book value

At 31 December 2025

3,309,000

At 31 December 2024

3,309,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

$

$

Tax

21,960

7,347

Accrued expenses

15,550

8,440

37,510

15,787

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

$

$

Director's loan account

2,379,818

2,450,707

7.	RELATED PARTY DISCLOSURES

Interest of $nil - (2024 - $62,178) was payable to Mr A J I Agneessens in relation to the director's loan account. Interest was charged at the rate of 2.5% until 31 December 2024. From 1 January 2025 the interest rate was 0%.

Dividend income from Speciality Metals Resources Holding Limited of $100,008 (2024 - $100,008) was due to the company and offset against the director's loan account.

The balance due to Mr A J I Agneessens at 31 December 2025 was $2,379,817 (2024- $2,450,707).