REGISTERED NUMBER: 13622523 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

CONRAN IP LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Directors:

J A T Conran OBE

F O Conran

Registered office:

1-7 Rostrevor Mews

Fulham

London

SW6 5AZ

Registered number:

13622523 (England and Wales)

Accountants:

BHG LLP

Chartered Accountants

95 St. George's Terrace

Newcastle Upon Tyne

NE2 2DN

FIXED ASSETS

Licensed trademarks

4

190,044

204,662

CURRENT ASSETS

Debtors

5

23,774

43,590

Cash at bank

77,184

41,899

100,958

85,489

CREDITORS

Amounts falling due within one year

6

5,036

7,873

NET CURRENT ASSETS

95,922

77,616

TOTAL ASSETS LESS CURRENT LIABILITIES

285,966

282,278

CREDITORS

Amounts falling due after more than one year

7

233,000

233,000

NET ASSETS

52,966

49,278

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

52,964

49,276

SHAREHOLDERS' FUNDS

52,966

49,278

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 September 2026 and were signed on its behalf by:

J A T Conran OBE - Director

1.	STATUTORY INFORMATION

Conran IP 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Licensed trademarks are being amortised evenly over their estimated useful life of sixteen years.

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

Cost

At 1 April 2025

and 31 March 2026

233,900

Amortisation

At 1 April 2025

29,238

Charge for year

14,618

At 31 March 2026

43,856

Net book value

At 31 March 2026

190,044

At 31 March 2025

204,662

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

21,117

14,198

Accrued income

2,657

29,392

23,774

43,590

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade creditors

1,288

2,423

Taxation and social security

2,948

4,650

Other creditors

800

800

5,036

7,873

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Other creditors

233,000

233,000

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Unsecured Loan Notes 2037

233,000

233,000

The Unsecured Loan Notes are repayable in full on 15 April 2037 or earlier at the company's discretion.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

200

Ordinary

£0.01

2

2

On 24 April 2024, each of the two issued shares of £1 was subdivided into 100 shares of £0.01, such that there are now 200 issued shares of 1p each.