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

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

SMA Skyline Limited is a private company limited by shares incorporated in England and Wales. The registered office is 47 Berkeley Square, London, W1J 5AU.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Subsequent to the year end, on 15 January 2026, the company ceased trading. The Directors have considered the impact of this event on the going concern basis of preparation and are satisfied that the basis remains appropriate given their planned strategy going forwards.true

The immediate parent company, 30 St Mary Axe (Bermuda) Limited Partnership has confirmed they will provide continued financial support to allow the company to continue to meet its liabilities as and when they fall due for at least 12 months from the date of signing the financial statements.

As a result the Directors believe that the Company can successfully manage its business risks. Therefore they believe it is appropriate to continue to adopt the going concern basis in preparing the annual report and the financial statements.

Revenue represents amounts receivable for services net of VAT.

Revenue for property rental services is recognised when the company has a contractual right to do so, and allocated in line with the period that the service relates. All fees are included only when they can be reliably estimated.

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method 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. Financial assets classified as receivable within one year are not amortised.

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.

Basic financial liabilities, including trade and other payables, bank loans, loans from fellow group companies and preference shares that are classified as debt, 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 payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

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

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs.

The average monthly number of persons (including directors) employed by the company during the year was:

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

In our opinion the financial statements:

• give a true and fair view of the state of the company's affairs as at 31 December 2025 and of its loss for the year then ended;

• have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

• have been prepared in accordance with the requirements of the Companies Act 2006.

The rental lease beginning 1 September 2022, ending 15 January 2026, includes an income element relating to customer performance, this element is only activated and due once the value goes over a threshold value. As a result the relating income has been recognised as earnt.

The company is committed until 21 July 2042 to pay all rental income recognised to a company with 100% indirect ownership at the point it is recognised.

Subsequent to the year end, on 15 January 2026, the company ceased trading. The directors have considered the impact of this event on the going concern basis of preparation and are satisfied that the basis remains appropriate. No adjustments to the carrying values of assets and liabilities are considered necessary.

The following amounts were outstanding at the reporting end date:

The immediate parent is 30 St Mary Axe (Bermuda) Limited Partnership, an entity registered in Bermuda.

The ultimate parent undertaking is JS International Holdings Limited, a company incorporated in the Bahamas. The ultimate controlling party is Ms Vicky Safra and her children.

There is a fixed and floating charge over the assets of the company.