Company No: 11107864 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.12.2025		30.04.2025
		£		£
				Restated - note 2
Fixed assets
Investment property	5	350,000		350,000
Investments	6	422,260		422,260
		772,260		772,260
Current assets
Debtors	7	85		( 7,559)
Cash at bank and in hand		115,408		102,246
		115,493		94,687
Creditors: amounts falling due within one year	8	( 93,014)		( 116,801)
Net current assets/(liabilities)		22,479		(22,114)
Total assets less current liabilities		794,739		750,146
Creditors: amounts falling due after more than one year	9	( 255,641)		( 310,254)
Provision for liabilities		( 25,000)		( 25,000)
Net assets		514,098		414,892
Capital and reserves
Called-up share capital	10	100		100
Fair value reserve		81,000		81,000
Profit and loss account		432,998		333,792
Total shareholders' funds		514,098		414,892

For the financial 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.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial period 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 Asquith Group Holdings Limited (registered number: 11107864) were approved and authorised for issue by the Board of Directors on 18 September 2026. They were signed on its behalf by:

J S Keam Director

1. Accounting policies

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

General information and basis of accounting

Asquith Group Holdings 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 Unit 5 Joshua Park, 1 Bell Close, Plymouth, Devon, PL7 4FF, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and 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 £.

Reporting period length

The reporting period length has been shortened to an 8 month period. As such, the results may not be directly comparable with the previous year.

Prior period adjustment

The previous year has been restated to include the correct value of the investment in the subsidiaries. Details of the affects of this adjustment can be seen in note 2.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
Turnover includes revenue earned from the rental of the long leasehold property.

Taxation

Current tax
Current tax is provided at amounts expected to be paid 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, other than investment property and freehold land, 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:

Leasehold improvements	5 years straight line
Plant and machinery	5 years straight line
Fixtures and fittings	5 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.

Impairment of assets

Assets, other than those measured at fair value, 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 as described below.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

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.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Prior period adjustment

The previous year has been restated to include the correct value of the investment in the subsidiaries.

		As previously reported		Adjustment		As restated
Period ended 30 April 2025		£		£		£
Amounts owed to/from associated companies		45,000		(71,752)		(26,752)
Shares in group undertakings		350,407		71,752		422,159

3. Employees

	Period from 01.05.2025 to 31.12.2025		Year ended 30.04.2025
	Number		Number
Monthly average number of persons employed by the Company during the period, including directors	0		0

4. Tangible assets

	Leasehold improve- ments		Plant and machinery		Fixtures and fittings		Total
	£		£		£		£
Cost
At 01 May 2025	38,947		3,378		2,643		44,968
At 31 December 2025	38,947		3,378		2,643		44,968
Accumulated depreciation
At 01 May 2025	38,947		3,378		2,643		44,968
At 31 December 2025	38,947		3,378		2,643		44,968
Net book value
At 31 December 2025	0		0		0		0
At 30 April 2025	0		0		0		0

5. Investment property

	Investment property
	£
Valuation
As at 01 May 2025	350,000
As at 31 December 2025	350,000

The directors have provided the above valuation based on their interpretation of the market and the factors that they have experienced, in order to determine the appropriate fair value.

6. Fixed asset investments

Investments in subsidiaries

	31.12.2025
	£
Cost
At 01 May 2025	422,260
At 31 December 2025	422,260
Carrying value at 31 December 2025	422,260
Carrying value at 30 April 2025	422,260

7. Debtors

	31.12.2025		30.04.2025
	£		£
Amounts owed by Group undertakings	0		( 8,328)
Prepayments	85		769
	85		( 7,559)

8. Creditors: amounts falling due within one year

	31.12.2025		30.04.2025
	£		£
Amounts owed to Group undertakings	21,752		0
Taxation and social security	9,862		7,896
Other creditors	61,400		108,905
	93,014		116,801

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

	31.12.2025		30.04.2025
	£		£
Other creditors	255,641		310,254

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

10. Called-up share capital

	31.12.2025		30.04.2025
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100