Company No: 15974975 (England and Wales)

Contents

• Statement of Financial Position
• Notes to the Financial Statements

	Note	28.02.2026
		£
Fixed assets
Tangible assets	4	12,251
		12,251
Current assets
Debtors	5	640,494
Cash at bank and in hand		1,417,210
		2,057,704
Creditors: amounts falling due within one year	6	( 809,156)
Net current assets		1,248,548
Total assets less current liabilities		1,260,799
Creditors: amounts falling due after more than one year	7	( 617,510)
Net assets		643,289
Capital and reserves
Called-up share capital	8	10
Capital contribution reserve		120,678
Profit and loss account		522,601
Total shareholders' funds		643,289

For the financial period ending 28 February 2026 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 The Greenlight Group (Advisory) Ltd (registered number: 15974975) were approved and authorised for issue by the Board of Directors. They were signed on its behalf by:

A Atashzai Director

18 September 2026

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

The Greenlight Group (Advisory) Ltd (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 Hamilton House, 1 Temple Avenue, London, EC4Y 0HA, United Kingdom.

The financial statements have been prepared under the historical cost convention, 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 financial statements cover the period from 24 September 2024 (the date of incorporation) to 28 February 2026.

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 reporting 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 except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is stated net of VAT and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Statement of Financial Position date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Statement of Financial Position date.

Employee benefits

Short term benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Defined contribution schemes
The company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial period. Differences between contributions payable in the financial period and contributions actually paid are included as either accruals or prepayments in the Statement of Financial Position.

Share-based payment

Equity-settled share-based payment transactions are measured at fair value at the date of grant. The fair value determined at the grant date of the equity-settled share-based payments is expensed on a straight-line basis over the vesting period, based on the company's estimate of shares that will eventually vest and adjusted for the effect of non-market-based vesting conditions.

Fair value is based on information reasonably available to a purchaser, having regard to the nature of the holding and the quality of published or otherwise accessible information. The expected life used in the model has been adjusted, based on management’s best estimate, for the effects of non-transferability, exercise restrictions, and behavioural considerations.

Cancellations or settlements (including those resulting from employee redundancies) are treated as an acceleration of vesting and the amount that would have been recognised over the remaining vesting period is recognised immediately.

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 reporting date.

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 or reducing balance 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.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks and other short-term liquid investments with original maturities of three months or less.

Financial instruments

The company only enters into basic financial instruments and 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 and from related parties and investments in non-puttable ordinary shares.

Financial assets
Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Such assets are subsequently carried at amortised cost using the effective interest method.

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in the Statement of Income and Retained Earnings/Statement of Comprehensive Income.

Financial liabilities
Basic financial liabilities, including trade and other creditors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

Equity instruments
Equity instruments issued by the company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

2. Employees

	Period from 24.09.2024 to 28.02.2026
	Number
Monthly average number of persons employed by the company during the period, including directors	3

3. Share-based payments

Equity-settled share-based payment schemes

The company has granted options to an employee to subscribe for shares in the company under the terms of an Enterprise Management Incentive (EMI) scheme.

Details of the share options outstanding during the financial year are as follows:

	28.02.2026
	Weighted Average
	Number of share options	Average exercise price (£)
Outstanding at beginning of period	0	0
Granted during the period	2,778	0.0001
Outstanding at the end of the period	2,778	0.0001
Exercisable at the end of the period	0	0

During the period, 2,778 share options were granted for ordinary shares at an exercise price of £0.0001 per share. The options may be exercised upon an exit event.

4. Tangible assets

	Computer equipment		Total
	£		£
Cost
At 24 September 2024	0		0
Additions	14,295		14,295
At 28 February 2026	14,295		14,295
Accumulated depreciation
At 24 September 2024	0		0
Charge for the financial period	2,044		2,044
At 28 February 2026	2,044		2,044
Net book value
At 28 February 2026	12,251		12,251

5. Debtors

	28.02.2026
	£
Trade debtors	136,658
Other debtors	503,836
	640,494

6. Creditors: amounts falling due within one year

	28.02.2026
	£
Trade creditors	13,870
Corporation tax	193,000
Other taxation and social security	70,016
Other creditors	532,270
	809,156

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

	28.02.2026
	£
Other creditors	617,510

Included within other creditors are loan balances of £617,510 due to the shareholders. The loans are unsecured, non‑interest bearing and are repayable in March 2028.

Interest-free loans are initially recognised at the present value of future cash flows and subsequently measured at amortised cost using the effective interest method. The face value of the loans is £701,000.

8. Called-up share capital

	28.02.2026
	£
Allotted, called-up and fully-paid
100,000 Ordinary shares of £ 0.0001 each	10

On incorporation, the company issued 1 Ordinary share at par value of £1. On 4 March 2025, the Ordinary share was subdivided into 10,000 Ordinary shares of £0.0001 each and the company issued a further 90,000 Ordinary shares at par.

9. Financial commitments

Commitments

	28.02.2026
	£
Total future minimum lease payments under non-cancellable operating leases	60,000