REGISTERED NUMBER: 13104396 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Scarlet Global Holdings Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J A Cox

J A Dewar

C Chrysanthou

F C J Cassel

N Zennstrom

REGISTERED OFFICE:

12 New Fetter Lane

London

EC4A 1JP

REGISTERED NUMBER:

13104396 (England and Wales)

ACCOUNTANTS:

We`ll Mind Your Own Business LTD

39 Long Acre

London

WC2E 9LG

FIXED ASSETS

Tangible assets

4

116,195

95,528

Investments

5

1,782,467

1,310,789

1,898,662

1,406,317

CURRENT ASSETS

Debtors

6

2,140,440

1,802,533

Cash at bank

6,725,410

11,855,487

8,865,850

13,658,020

CREDITORS

Amounts falling due within one year

7

43,125

27,040

NET CURRENT ASSETS

8,822,725

13,630,980

TOTAL ASSETS LESS CURRENT LIABILITIES

10,721,387

15,037,297

CAPITAL AND RESERVES

Called up share capital

206

205

Share premium

21,570,231

21,569,890

Retained earnings

(10,849,050

)

(6,532,798

)

10,721,387

15,037,297

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 25 September 2026 and were signed on its behalf by:

J A Dewar - Director

1.	STATUTORY INFORMATION

Scarlet Global Holdings 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.

The presentation currency of the financial statements is the Pound Sterling (£) and is rounded to the nearest whole Pound.

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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Financial instruments

Financial assets and liabilities are recognised when the company becomes party to the contractual provision of the financial instrument.

Cash and cash equivalents

Comprises of cash at bank.

Financial assets

Debtors do not carry any interest and are stated at their nominal value. Appropriate allowances for estimated irrecoverable amounts are recognised in the Profit and Loss account when there is objective evidence that the asset is impaired.

Financial liabilities

Creditors are not interest bearing and are stated at their nominal value.

Taxation

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.

Taxation assets and liabilities are not discounted.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2025

2,915

125,367

128,282

Additions

28,200

37,999

66,199

Disposals

-

(13,967

)

(13,967

)

At 31 December 2025

31,115

149,399

180,514

DEPRECIATION

At 1 January 2025

2,378

30,376

32,754

Charge for year

6,865

34,253

41,118

Eliminated on disposal

-

(9,553

)

(9,553

)

At 31 December 2025

9,243

55,076

64,319

NET BOOK VALUE

At 31 December 2025

21,872

94,323

116,195

At 31 December 2024

537

94,991

95,528

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakin

£

COST

At 1 January 2025

1,310,789

Additions

471,678

At 31 December 2025

1,782,467

NET BOOK VALUE

At 31 December 2025

1,782,467

At 31 December 2024

1,310,789

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Other debtors

1,987,951

1,713,297

Directors' loan accounts

-

244

VAT

47,150

34,573

Prepayments and accrued income

105,339

54,419

2,140,440

1,802,533

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

20

-

Trade creditors

34,639

17,269

Other creditors

6,467

5,559

Accrued expenses

1,999

4,212

43,125

27,040