| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2025 |
| FOR |
| PENSWICK INVESTMENTS LIMITED |
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2025 |
| FOR |
| PENSWICK INVESTMENTS LIMITED |
| PENSWICK INVESTMENTS LIMITED (REGISTERED NUMBER: 07893348) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2025 |
| Page |
| Balance Sheet | 1 |
| Notes to the Financial Statements | 3 |
| PENSWICK INVESTMENTS LIMITED (REGISTERED NUMBER: 07893348) |
| BALANCE SHEET |
| 31 DECEMBER 2025 |
| 2025 | 2024 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 8 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| PENSWICK INVESTMENTS LIMITED (REGISTERED NUMBER: 07893348) |
| BALANCE SHEET - continued |
| 31 DECEMBER 2025 |
| The financial statements were approved by the director and authorised for issue on |
| PENSWICK INVESTMENTS LIMITED (REGISTERED NUMBER: 07893348) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2025 |
| 1. | STATUTORY INFORMATION |
| Penswick Investments Limited is a |
| Registered number: |
| Registered office: |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The results are presented for the company as a single entity only. |
| Preparation of consolidated financial statements |
| The financial statements contain information about Penswick Investments Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements. |
| Related party exemption |
| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
| Significant judgements and estimates |
| In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated 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 where the revision affects only the period, or in the period of the revision and future periods where the revision affects both current and future periods. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Investments in subsidiaries |
| Investments in subsidiary undertakings are recognised at cost less any provision for impairment. |
| PENSWICK INVESTMENTS LIMITED (REGISTERED NUMBER: 07893348) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2025 |
| 2. | ACCOUNTING POLICIES - continued |
| Financial instruments |
| The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102 to all of its financial instruments. |
| Financial instruments are recognised 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. |
| Basic financial assets, which include trade debtors, other debtors, amounts due from group undertakings and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method. Financial assets classified as receivable within one year are not amortised. |
| 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. |
| Basic financial liabilities, including trade creditors, other creditors, and amounts owed to group undertakings, that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. |
| Financial liabilities are derecognised when, and only when, the company's contractual obligations are discharged, cancelled, or they expire. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 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. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| PENSWICK INVESTMENTS LIMITED (REGISTERED NUMBER: 07893348) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2025 |
| 2. | ACCOUNTING POLICIES - continued |
| Going concern |
| Based on current trading and future expectations, the director is confident the company will continue to trade profitably in future periods and will generate sufficient cash flows to meet its obligations as they fall due for payment. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2024 - NIL). |
| 4. | TANGIBLE FIXED ASSETS |
| Motor |
| vehicles |
| £ |
| COST |
| Additions |
| At 31 December 2025 |
| DEPRECIATION |
| Charge for year |
| At 31 December 2025 |
| NET BOOK VALUE |
| At 31 December 2025 |
| 5. | FIXED ASSET INVESTMENTS |
| Interest |
| Shares in | in other |
| group | participating |
| undertakings | interests | Totals |
| £ | £ | £ |
| COST |
| At 1 January 2025 | 211 | 481,068 |
| Additions | 51 | 47,351 |
| Disposals | (83 | ) | (83 | ) |
| At 31 December 2025 | 179 | 528,336 |
| PROVISIONS |
| At 1 January 2025 |
| and 31 December 2025 | 350,050 | - | 350,050 |
| NET BOOK VALUE |
| At 31 December 2025 | 179 | 178,286 |
| At 31 December 2024 | 211 | 131,018 |
| PENSWICK INVESTMENTS LIMITED (REGISTERED NUMBER: 07893348) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2025 |
| 5. | FIXED ASSET INVESTMENTS - continued |
| The company's investments at the Balance Sheet date in the share capital of companies include the following: |
| Registered office: 4th Floor Paxton House, 30 Artillery Lane, London, E1 7LS |
| Nature of business: |
| % |
| Class of shares: | holding |
| Registered office: 4th Floor Paxton House, 30 Artillery Lane, London, E1 7LS |
| Nature of business: |
| % |
| Class of shares: | holding |
| Registered office: 4th Floor Paxton House, 30 Artillery Lane, London, E1 7LS |
| Nature of business: |
| % |
| Class of shares: | holding |
| The company also has an indirect interest in the following companies. |
| Registered office: 4th Floor Paxton House, 30 Artillery Lane, London, E1 7LS |
| Nature of business: |
| % |
| Class of shares: | holding |
| Registered office: 4th Floor Paxton House, 30 Artillery Lane, London, E1 7LS |
| Nature of business: |
| % |
| Class of shares: | holding |
| Registered office: 4th Floor Paxton House, 30 Artillery Lane, London, E1 7LS |
| Nature of business: |
| % |
| Class of shares: | holding |
| PENSWICK INVESTMENTS LIMITED (REGISTERED NUMBER: 07893348) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2025 |
| 5. | FIXED ASSET INVESTMENTS - continued |
| Registered office: 4th Floor Paxtan House, 30 Artillery Lane, London, E1 7LS |
| Nature of business: |
| % |
| Class of shares: | holding |
| Registered office: Germany |
| Nature of business: |
| % |
| Class of shares: | holding |
| Registered office: France |
| Nature of business: |
| % |
| Class of shares: | holding |
| Registered office: 4th Floor Paxton House, 30 Artillery Lane, London, E1 7LS |
| Nature of business: |
| % |
| Class of shares: | holding |
| Registered office: Jersey |
| Nature of business: |
| % |
| Class of shares: | holding |
| Registered office: Luxembourg |
| Nature of business: |
| % |
| Class of shares: | holding |
| Registered office: Luxembourg |
| Nature of business: |
| % |
| Class of shares: | holding |
| PENSWICK INVESTMENTS LIMITED (REGISTERED NUMBER: 07893348) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2025 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Amounts owed by group undertakings |
| Amounts owed by associated companies | 250,000 | 250,000 |
| Prepayments |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade creditors |
| Amounts owed to group undertakings |
| Tax |
| VAT | 5,705 | 7,156 |
| Other creditors |
| Directors' current accounts | 199,179 | 218,863 |
| 8. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2025 | 2024 |
| value: | £ | £ |
| A Ordinary | 0.01 | 1 | 1 |
| B Ordinary | 0.01 | - | - |
| 1 | 1 |
| 9. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party is |