ACCOUNTS - Final Accounts preparation

Company Registration Number 15454086

	SAML2 LTD

	UNAUDITED FINANCIAL STATEMENTS

	31 DECEMBER 2025

SAML2 LTD

REGISTERED NUMBER: 15454086

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2025

		2025		2024
Note		£		£


Current assets
Debtors: amounts falling due within one year	4	100		100
		100		100
Total assets less current liabilities			100		100

Net assets			100		100

Capital and reserves
Called up share capital	5	100	100
		100	100

For the period ended 31 December 2025 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the income statement in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

A C Lawrence

Director

Date: 16 September 2026

The notes on pages 2 to 3 form part of these financial statements.

Page 1

SAML2 LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

1.	General information

The company is a private company limited by shares incorporated and domiciled in the United Kingdom. Its registered office is Magnavale House, Park Road, Holmewood Industrial Park, Chesterfield, S42 5UY.

The company was dormant during the period.

These financial statements have been presented in Pound Sterling ('£') as this is the currency of the primary economic environment in which the company operates.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

2.2

Going concern

The financial statements have been prepared on a going concern basis. During the period, the company was dormant and had not commenced trading. Until such time as the company is profitable the wider Sadel group will continue to fund the operations of SAML2 Ltd.

2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.4

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Employees

The Company has no employees other than the directors, who did not receive any remuneration (2024 - £NIL).

Debtors

					2025	2024
					£	£


Amounts owed by group undertakings	100	100
	100	100

Page 2

SAML2 LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

5.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

100 (2024 - 100) Ordinary shares of £1.00 each	100	100

6.	Controlling party

The immediate parent undertaking is Sadel Asset Management Limited, a company incorporated in England and Wales.

The ultimate parent undertaking is Sadel Group S.à r.l., a company registered in Luxembourg.

The ultimate controlling party by virtue of his 100% shareholding in Sadel Group S.à r.l. is S A Lawrence.

Page 3