Company No: 16144265 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTOR

Charlotte Wilson (Appointed 19 December 2024)

REGISTERED OFFICE	22 Chancery Lane
	London
	WC2A 1LS
	United Kingdom

COMPANY NUMBER

16144265 (England and Wales)

AUDITOR	Dixon Wilson Audit Services LLP
	Statutory Auditor
	22 Chancery Lane
	London
	WC2A 1LS
	United Kingdom

	Note	31.12.2025
		£
Current assets
Debtors	3	17,794
Cash at bank and in hand		169,303
		187,097
Creditors: amounts falling due within one year	4	( 166,426)
Net current assets		20,671
Total assets less current liabilities		20,671
Net assets		20,671
Capital and reserves
Called-up share capital		1
Profit and loss account		20,670
Total shareholder's funds		20,671

The 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 Saatchi Art Online Hospitality Limited (registered number: 16144265) were approved and authorised for issue by the Director on 18 September 2026. They were signed on its behalf by:

Charlotte Wilson Director

1. Accounting policies

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

General information and basis of accounting

Saatchi Art Online Hospitality 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 22 Chancery Lane, London, WC2A 1LS, 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 director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has 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. The Group has also confirmed its intention and ability to provide such support if required. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise.

Turnover

Turnover represents amounts recharged to Group companies in respect of services provided on their behalf during the period, exclusive of value added tax. Income is recognised in the period in which the services are rendered or costs are incurred, reflecting the transfer of economic benefit to the recipient entities. All recharges are made on an arm's length basis.

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.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

2. Employees

	Period from 19.12.2024 to 31.12.2025
	Number
Monthly average number of persons employed by the company during the period	1

3. Debtors

	31.12.2025
	£
Amounts owed by group undertakings (note 5)	10,729
Other debtors	7,065
	17,794

4. Creditors: amounts falling due within one year

	31.12.2025
	£
Amounts owed to group undertakings (note 5)	78,784
Taxation and social security	8,224
Other creditors	79,418
	166,426

5. Related party transactions

The company has taken advantage of the exemption available under paragraph 33.1A of FRS 102 and has not disclosed transactions with other members of the group on the grounds that all subsidiaries which are party to intra-group transactions are wholly owned members of the group.

6. Audit Opinion

The auditor's report on the accounts for the financial period ended 31 December 2025 was unqualified.

The audit report was signed by Oliver Jackson on behalf of Dixon Wilson Audit Services LLP.

7. Ultimate controlling party

Parent Company:

Graham Holdings Company

1812 North Moore Street, Arlington, Virginia

The Company's ultimate parent and controlling party is Graham Holdings Company. The results of the Company are consolidated in the group headed by Graham Holdings Company. The consolidated financial statements of this group may be obtained from the United States Securities and Exchange Commission, Washington, DC 20549.