Company No: 16321727 (England and Wales)

Contents

• Statement of Financial Position
• Notes to the Financial Statements

	Note	05.04.2026
		£
Fixed assets
Investment property	3	220,750
Investments	4	200,000
		420,750
Current assets
Debtors	5	31,728
Cash at bank and in hand		84,862
		116,590
Creditors: amounts falling due within one year	6	( 29,923)
Net current assets		86,667
Total assets less current liabilities		507,417
Net assets		507,417
Capital and reserves
Called-up share capital	7	545,257
Profit and loss account		( 37,840 )
Total shareholder's funds		507,417

For the financial period ending 05 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the company to obtain an audit of its financial statements for the financial period in accordance with section 476;
• The director acknowledges 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 Income Statement has not been delivered.

The financial statements of TPE Advantage UK Ltd (registered number: 16321727) were approved and authorised for issue by the Director. They were signed on its behalf by:

T Elrin Director

07 October 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

TPE Advantage UK 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 First Floor, 5 Fleet Place, London, EC4M 7RD, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include investment properties and certain items at fair value, 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 accounts cover a period from 17 March 2025 to 5 April 2026 as this is the company's first financial year of trading.

Whilst the company's accounting reference date is 31 March 2026, in accordance with section 390 of the Companies Act 2006, the director has elected to prepare these financial statements for the period ended 5 April 2026.

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.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets is reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

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, and amounts due from related companies, 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 assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Financial liabilities
Basic financial liabilities, including trade and other creditors and accruals, 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.

Financial assets and liabilities are offset and 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.

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 17.03.2025 to 05.04.2026
	Number
Monthly average number of persons employed by the company during the period, including the director	0

3. Investment property

	Investment property
	£
Valuation
As at 17 March 2025	0
Additions	220,750
As at 05 April 2026	220,750

The investment property was valued by the director on 5 April 2026 on an open market basis by reference to market evidence of transaction prices of similar properties.

4. Fixed asset investments

Investments in subsidiaries

	05.04.2026
	£
Cost
At 17 March 2025	0
Additions	1,090,514
Disposals	( 1,090,514)
At 05 April 2026	0
Carrying value at 05 April 2026	0

	Listed investments		Total
	£		£
Cost or valuation before impairment
At 17 March 2025	0		0
Additions	200,000		200,000
At 05 April 2026	200,000		200,000
Carrying value at 05 April 2026	200,000		200,000

5. Debtors

	05.04.2026
	£
Amounts owed by connected companies	31,728

At the reporting date, a balance of £31,728 was owed to a connected company, Spring Hill Equine Limited. This amount is interest free and repayable on demand.

6. Creditors: amounts falling due within one year

	05.04.2026
	£
Amounts owed to director	10,000
Accruals and deferred income	12,158
Deferred tax liability	5,098
Other creditors	2,667
	29,923

At the reporting date, a balance of £10,000 was owed to the director, T Elrin. This amount is interest free and repayable on demand.

7. Called-up share capital

	05.04.2026
	£
Allotted, called-up and fully-paid
545,257 A Ordinary shares of £ 1.00 each	545,257

During the year, the company acquired the entire issued share capital of Advantage UK Limited through a share-for-share exchange, resulting in the issue of shares with an aggregate value of £1,090,514.

The company's share capital was subsequently reorganised into A Ordinary shares and B Ordinary shares totalling £545,257 each. This represented a reclassification within equity and had no effect on total equity.

Subsequently the B Ordinary shares were then cancelled under a capital reduction arrangement, resulting in a reduction in equity of £545,257.