Company No: 12546435 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	3	5,434		0
		5,434		0
Current assets
Debtors	4	27,539		21,358
Cash at bank and in hand		29,419		38,205
		56,958		59,563
Creditors: amounts falling due within one year	5	( 270,724)		( 13,989)
Net current (liabilities)/assets		(213,766)		45,574
Total assets less current liabilities		(208,332)		45,574
Creditors: amounts falling due after more than one year	6	0		( 218,064)
Net liabilities		( 208,332)		( 172,490)
Capital and reserves
Called-up share capital	7	100		100
Profit and loss account		( 208,432 )		( 172,590 )
Total shareholder's deficit		( 208,332)		( 172,490)

For the financial year ending 30 April 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Royal Elizabeth Bond Ltd (registered number: 12546435) were approved and authorised for issue by the Board of Directors on 09 September 2026. They were signed on its behalf by:

M C Tellwright Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Royal Elizabeth Bond Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 68 Grafton Way, London, W1T 5DS, United Kingdom.

The financial statements have been prepared under the historical cost convention, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes.

Tangible fixed assets

Tangible fixed assets are stated at cost, net of depreciation. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost of each asset on a straight-line basis over its expected useful life, as follows:

Plant and machinery	5 years straight line
Office equipment	5 years straight line

Impairment of assets

Assets are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors and loans from related parties, are initially recognised at transaction price. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

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 recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		3

3. Tangible assets

	Plant and machinery		Office equipment		Total
	£		£		£
Cost
At 01 May 2025	0		0		0
Additions	4,550		1,472		6,022
At 30 April 2026	4,550		1,472		6,022
Accumulated depreciation
At 01 May 2025	0		0		0
Charge for the financial year	379		209		588
At 30 April 2026	379		209		588
Net book value
At 30 April 2026	4,171		1,263		5,434
At 30 April 2025	0		0		0

4. Debtors

	2026		2025
	£		£
Trade debtors	2,067		0
Other debtors	25,472		21,358
	27,539		21,358

5. Creditors: amounts falling due within one year

	2026		2025
	£		£
Trade creditors	34,454		8,688
Amounts owed to Parent undertakings	230,064		100
Other creditors	6,206		5,201
	270,724		13,989

There are no amounts included above in respect of which any security has been given by the small entity.

Amounts owed to Parent undertakings are repayable on demand and do not bear interest.

6. Creditors: amounts falling due after more than one year

	2026		2025
	£		£
Amounts owed to related parties	0		218,064

There are no amounts included above in respect of which any security has been given by the small entity.

7. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100