REGISTERED NUMBER: 14885493 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2025

FOR

TERGEO LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C M Logothetis

BD Capital Limited

G Chondronikolas

REGISTERED OFFICE:

35 Park Lane

London

W1K 1RB

REGISTERED NUMBER:

14885493 (England and Wales)

ACCOUNTANTS:

Alex Johnson Ltd

Chartered Certified Accountants

344 - 354 Grays Inn Road

London

WC1X 8BP

FIXED ASSETS

Investments

4

19,924,642

16,199,299

CURRENT ASSETS

Debtors

5

6,156

24,100

Cash at bank

6,024

2,729

12,180

26,829

CREDITORS

Amounts falling due within one year

6

3,578,975

3,537,654

NET CURRENT LIABILITIES

(3,566,795

)

(3,510,825

)

TOTAL ASSETS LESS CURRENT LIABILITIES

16,357,847

12,688,474

PROVISIONS FOR LIABILITIES

4,120,587

3,189,252

NET ASSETS

12,237,260

9,499,222

CAPITAL AND RESERVES

Called up share capital

262

262

Fair value reserve

7

15,830,365

12,162,622

Retained earnings

(3,593,367

)

(2,663,662

)

12,237,260

9,499,222

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22nd September 2026 and were signed on its behalf by:

C M Logothetis - Director

1.	STATUTORY INFORMATION

TERGEO LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1st January 2025

16,199,299

Additions

57,600

Revaluations

3,667,743

At 31st December 2025

19,924,642

NET BOOK VALUE

At 31st December 2025

19,924,642

At 31st December 2024

16,199,299

Cost or valuation at 31st December 2025 is represented by:

Other

investments

£

Valuation in 2023

2,377,537

Valuation in 2024

10,379,469

Valuation in 2025

3,667,743

Cost

3,499,893

19,924,642

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

6,156

24,100

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

936

1,872

Taxation and social security

383

525

Other creditors

3,577,656

3,535,257

3,578,975

3,537,654

7.

RESERVES

Fair

value

reserve

£

At 1st January 2025

12,162,622

Movement

3,667,743

At 31st December 2025

15,830,365