Company No: 12214293 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	601		0
Investments	4	501		501
		1,102		501
Current assets
Debtors
- due within one year	5	334,534		404,074
- due after more than one year	5	174,380		142,436
Cash at bank and in hand		1,551		3,240
		510,465		549,750
Creditors: amounts falling due within one year	6	( 3,085,807)		( 3,704,139)
Net current liabilities		(2,575,342)		(3,154,389)
Total assets less current liabilities		(2,574,240)		(3,153,888)
Creditors: amounts falling due after more than one year	7	( 932,200)		0
Net liabilities		( 3,506,440)		( 3,153,888)
Capital and reserves
Called-up share capital	8	400		400
Profit and loss account		( 3,506,840 )		( 3,154,288 )
Total shareholder's deficit		( 3,506,440)		( 3,153,888)

For the financial year ending 31 December 2025 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 PRMO Holdings UK Limited (registered number: 12214293) were approved and authorised for issue by the Board of Directors on 21 September 2026. They were signed on its behalf by:

J Wojcik 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

PRMO Holdings UK Limited (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 Elscot House, Arcadia Avenue, London, N3 2JU, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, 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 financial statements have been prepared on a going concern basis which the directors consider to be appropriate. The Group meets its day to day working capital requirements from operational cashflows and related party loans. The Group's shareholders have indicated their intention to continue to make available such funds as are needed by the Group to enable it to meet is debts as they fall due for a period of at least 12 months from the date of approval of these financial statements.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption in section 399 of the Companies Act 2006 not to prepare consolidated accounts, because the group it heads qualifies as small. The financial statements present information about the Company as an individual entity only.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Computer equipment

4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

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 receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

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

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	1		1

3. Tangible assets

	Computer equipment		Total
	£		£
Cost
At 01 January 2025	0		0
Additions	759		759
At 31 December 2025	759		759
Accumulated depreciation
At 01 January 2025	0		0
Charge for the financial year	158		158
At 31 December 2025	158		158
Net book value
At 31 December 2025	601		601
At 31 December 2024	0		0

4. Fixed asset investments

Investments in subsidiaries

	2025
	£
Cost
At 01 January 2025	2,380,407
At 31 December 2025	2,380,407
Provisions for impairment
At 01 January 2025	2,379,906
At 31 December 2025	2,379,906
Carrying value at 31 December 2025	501
Carrying value at 31 December 2024	501

Investments in shares

Name of entity	Registered office	Principal activity	Class of shares	Ownership 31.12.2025	Ownership 31.12.2024	Held
PRMO Real Estates UK Ltd	Elscot House, Arcadia Avenue, London, United Kingdom, N3 2JU	Commercial property investment	Ordinary	100.00%	100.00%	Direct
PRMO Properties UK Ltd	Elscot House, Arcadia Avenue, London, United Kingdom, N3 2JU	Commercial property investment	Ordinary	100.00%	100.00%	Direct
JellyEdge Limited	Elscot House, Arcadia Avenue, London, United Kingdom, N3 2JU	Commercial property investment	Ordinary	100.00%	100.00%	Direct
PPNO Ltd	Elscot House, Arcadia Avenue, London, United Kingdom, N3 2JU	Commercial property investment	Ordinary	100.00%	100.00%	Direct
Juniper Battersea Ltd	Elscot House, Arcadia Avenue, London, United Kingdom, N3 2JU	Commercial property investment	Ordinary	100.00%	100.00%	Direct

5. Debtors

	2025		2024
	£		£
Debtors: amounts falling due within one year
Amounts owed by Group undertakings	200,808		254,642
Prepayments	3,084		1,205
VAT recoverable	5,014		7,334
Other debtors	125,628		140,893
	334,534		404,074
Debtors: amounts falling due after more than one year
Deferred tax asset	174,380		142,436

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	9,274		6,013
Amounts owed to Group undertakings	2,997,234		2,963,157
Amounts owed to related parties	0		700,113
Accruals	19,301		17,100
Other taxation and social security	48,517		7,076
Other creditors	11,481		10,680
	3,085,807		3,704,139

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

	2025		2024
	£		£
Amounts owed to related parties	932,200		0

8. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
400 Ordinary shares of £ 1.00 each	400		400

9. Related party transactions

Transactions with owners holding a participating interest in the entity

At the year end the parent company owed Arie Prashkovsky Group Ltd, a 37.5% group company, £353,016 (2024: £268,479). Interest is chargeable at 6.5% per annum. The loan and interest repayment dates are December 31, 2027.

At the year end the parent company owed Massad Oz Investments Ltd, a 12.5% group company, £119,732 (2024: £88,000). Interest is chargeable at 6.5% per annum. The loan and interest repayment dates are December 31, 2027.

At the year end the parent company owed Caesarea Medical Electronics Holding (2000) Ltd, a 50% group company, £459,452 (2024: £353,434). Interest is charged at 6.5% per annum. The loan and interest repayment dates are December 31, 2027.

During the year, management services were provided to the parent company by UK OK Limited of £nil (2024: £17,498). Mr I Prashkovsky, who served as a director during the previous year, is also a director of UK OK Limited.