Nibgreen

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 10705452

		31 December 2025		31 March 2025
	Notes	£	£	£	£
FIXED ASSETS
Investments	4		28,884,450		27,039,587

			28,884,450		27,039,587
CURRENT ASSETS
Debtors	5	3,262,357		3,172,586
Cash at bank and in hand		285,309		164,296

		3,547,666		3,336,882
Creditors: Amounts Falling Due Within One Year	6	(3,540,233 )		(3,253,343 )

NET CURRENT ASSETS (LIABILITIES)			7,433		83,539

TOTAL ASSETS LESS CURRENT LIABILITIES			28,891,883		27,123,126

Creditors: Amounts Falling Due After More Than One Year	7		(16,711,988 )		(17,487,680 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(1,986,152 )		(1,403,110 )

NET ASSETS			10,193,743		8,232,336

CAPITAL AND RESERVES
Called up share capital	8		250,000		250,000
Fair value reserve			5,971,315		4,187,560
Profit and Loss Account			3,972,428		3,794,776

SHAREHOLDERS' FUNDS			10,193,743		8,232,336

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Balance Sheet (continued)

As At 31 December 2025

For the period ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs J Robinson Director	Mr A Robinson Director
19/09/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Nibgreen is a private unlimited company with share capital, incorporated in England & Wales, registered number 10705452 . The registered office is C/O Forty-Two Consulting Ltd, Regus House, , Atterbury Lakes, Fairbourne Drive, Atterbury,, Milton Keynes,, Buckinghamshire,, MK10 9RG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.3. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.4. Financial instruments and investments

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

Investments in subsidiaries are held as fixed asset investments and are stated at cost less any provision for impairment. The Company prepares individual financial statements and does not prepare consolidated financial statements in accordance with the exemption available under FRS 102.

Quoted and unquoted investments held as part of the Company's investment portfolio are measured at fair value at each reporting date. Changes in fair value are recognised in the profit and loss account.

Interests in limited partnerships, limited liability partnerships ans scotish limited partnerships are held as fixed asset investments and are measured at fair value at each reporting date. Changes in fair value are recognised in the profit and loss account.

Loans advanced to investee companies and partnerships are recognised as financial assets and are classified as fixed asset investments. The loans are accounted for in accordance with the applicable requirements of FRS 102, having regard to their contractual terms.

Where loans are measured at fair value, changes in fair value are recognised in the profit and loss account. Interest income is recognised in the profit and loss account as it accrues.

...CONTINUED

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Notes to the Financial Statements (continued)

For the Period 1 April 2025 to 31 December 2025

2.4. Financial instruments and investments - continued

The fair value of investments is determined using quoted market prices where available or, where investments are not quoted, using appropriate valuation techniques and information provided by the Company's appointed investment portfolio manager and other competent professionals

Cash and cash equivalents comprise cash held at banks and on hand. Foreign currency monetary balances are translated into the Company's functional currency at the exchange rate prevailing at the reporting date. Exchange differences are recognised in the profit and loss account.

Loans from shareholders are recognised as financial liabilities and are accounted for in accordance with the contractual terms of the loans and the requirements of FRS 102. Interest payable is recognised in the profit and loss account as it accrues.

Financial assets are reviewed at each reporting date for indications of impairment where they are not measured at fair value through profit or loss. Any impairment loss identified is recognised in the profit and loss account.

Financial assets and liabilities are derecognised when the contractual rights or obligations expire or are discharged.

2.5. Fair value gains and revaluation reserve

Unrealised gains and losses arising from the revaluation of investments to fair value are recognised in the profit and loss account.

Following recognition of the relevant gains and losses in profit or loss, amounts relating to unrealised gains may be transferred from distributable reserves to a non-distributable revaluation reserve in accordance with the Company's policy and applicable company law requirements.

The revaluation reserve represents amounts arising from unrealised gains which are not regarded as available for distribution.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 3 (2025: 3)

4. Investments

	Subsidiaries	Listed	Unlisted	Total
	£	£	£	£
Cost or Valuation
As at 1 April 2025	200	24,730,525	2,308,862	27,039,587
Additions	-	1,099,153	592,571	1,691,724
Disposals	-	(2,085,120 )	(271,328 )	(2,356,448 )
Revaluations	-	2,547,943	(38,356 )	2,509,587

As at 31 December 2025	200	26,292,501	2,591,749	28,884,450

Provision
As at 1 April 2025	-	-	-	-

As at 31 December 2025	-	-	-	-

Net Book Value
As at 31 December 2025	200	26,292,501	2,591,749	28,884,450

As at 1 April 2025	200	24,730,525	2,308,862	27,039,587

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Notes to the Financial Statements (continued)

For the Period 1 April 2025 to 31 December 2025

5. Debtors

	31 December 2025	31 March 2025
	£	£
Due within one year
Amounts owed by group undertakings	764,709	719,102
Other debtors	2,497,648	2,453,484

	3,262,357	3,172,586

6. Creditors: Amounts Falling Due Within One Year

	31 December 2025	31 March 2025
	£	£
Trade creditors	-	(2 )
Bank loans and overdrafts	-	7,657
Other creditors	3,537,736	3,144,952
Taxation and social security	2,497	100,736

	3,540,233	3,253,343

7. Creditors: Amounts Falling Due After More Than One Year

	31 December 2025	31 March 2025
	£	£
Other creditors	16,711,988	17,487,680

8. Share Capital

	31 December 2025	31 March 2025
	£	£
Allotted, Called up and fully paid	250,000	250,000

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