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REGISTERED NUMBER: 12361328 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

HONIX CAPITAL LIMITED
HONIX CAPITAL LIMITED (REGISTERED NUMBER: 12361328)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HONIX CAPITAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2025







DIRECTOR: Mr N G Baker





REGISTERED OFFICE: Larch House
Parklands Business Park
Denmead
Hampshire
PO7 6XP





REGISTERED NUMBER: 12361328 (England and Wales)





ACCOUNTANTS: Gibson Whitter
Chartered Accountants
and Chartered Tax Advisers
Larch House
Parklands Business Park
Denmead
Hampshire
PO7 6XP
Page 1
HONIX CAPITAL LIMITED (REGISTERED NUMBER: 12361328)

BALANCE SHEET
31 DECEMBER 2025

31.12.25 31.12.24
Notes $    $    $    $   
FIXED ASSETS
Tangible assets 4 322,682 431,183
Investments 5 15,821,844 5,721,850
Investment property 6 409,444 409,444
16,553,970 6,562,477

CURRENT ASSETS
Debtors 7 217,793 211,006
Cash at bank 1,349,079 3,408,952
1,566,872 3,619,958
CREDITORS
Amounts falling due within one year 8 7,555,962 156,139
NET CURRENT (LIABILITIES)/ASSETS (5,989,090 ) 3,463,819
TOTAL ASSETS LESS CURRENT
LIABILITIES
10,564,880
10,026,296

PROVISIONS FOR LIABILITIES 9 80,670 107,796
NET ASSETS 10,484,210 9,918,500

CAPITAL AND RESERVES
Called up share capital 10 137 137
Retained earnings 10,484,073 9,918,363
SHAREHOLDERS' FUNDS 10,484,210 9,918,500

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 director acknowledges his 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 notes form part of these financial statements

Page 2 continued...
HONIX CAPITAL LIMITED (REGISTERED NUMBER: 12361328)

BALANCE SHEET - continued
31 DECEMBER 2025


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 and authorised for issue by the director and authorised for issue on 30 September 2026 and were signed by:





Mr N G Baker - Director


The notes form part of these financial statements

Page 3
HONIX CAPITAL LIMITED (REGISTERED NUMBER: 12361328)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025

1. STATUTORY INFORMATION

Honix Capital 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.

The company's balance sheet at the year end shows a net current liability position. This position is principally due to amounts owed to the director at the balance sheet date. The director has agreed to not seek repayment of these amounts unless the company has sufficient cash to do so. On this basis the director has prepared the financial statements on the going concern basis.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost, 25% on cost and 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 1 (2024 - 1 ) .

Page 4 continued...
HONIX CAPITAL LIMITED (REGISTERED NUMBER: 12361328)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2025

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
$   
COST
At 1 January 2025
and 31 December 2025 442,630
DEPRECIATION
At 1 January 2025 11,447
Charge for year 108,501
At 31 December 2025 119,948
NET BOOK VALUE
At 31 December 2025 322,682
At 31 December 2024 431,183

5. FIXED ASSET INVESTMENTS
Other
investments
$   
COST
At 1 January 2025 5,721,850
Additions 10,099,994
At 31 December 2025 15,821,844
NET BOOK VALUE
At 31 December 2025 15,821,844
At 31 December 2024 5,721,850

6. INVESTMENT PROPERTY
Total
$   
FAIR VALUE
At 1 January 2025
and 31 December 2025 409,444
NET BOOK VALUE
At 31 December 2025 409,444
At 31 December 2024 409,444

Fair value at 31 December 2025 is represented by:
$   
Cost 409,444

Page 5 continued...
HONIX CAPITAL LIMITED (REGISTERED NUMBER: 12361328)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2025

6. INVESTMENT PROPERTY - continued

If investment property had not been revalued it would have been included at the following historical cost:

31.12.25 31.12.24
$    $   
Cost 409,444 409,444

Investment property was valued on an open market basis on 31 December 2025 by the director .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.25 31.12.24
$    $   
Other debtors 217,793 211,006

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.25 31.12.24
$    $   
Taxation and social security 233,015 141,039
Other creditors 7,322,947 15,100
7,555,962 156,139

9. PROVISIONS FOR LIABILITIES
31.12.25 31.12.24
$    $   
Deferred tax 80,670 107,796

Deferred
tax
$   
Balance at 1 January 2025 107,796
Utilised during year (27,126 )
Balance at 31 December 2025 80,670

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.25 31.12.24
value: $    $   
100 Ordinary £1 137 137

11. RELATED PARTY DISCLOSURES

The aggregate amount owed to the director at the balance sheet date is $7,320,015 (31.12.24: $12,515).

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr N G Baker.

Page 6