Company No: 14564821 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2026		2025
		£		£
Fixed assets
Investments	3	23,811,704		19,827,325
		23,811,704		19,827,325
Current assets
Debtors	4	350,819		63,658
Cash at bank and in hand		2,859		3,470
		353,678		67,128
Creditors: amounts falling due within one year	5	( 21,759,000)		( 17,873,620)
Net current liabilities		(21,405,322)		(17,806,492)
Total assets less current liabilities		2,406,382		2,020,833
Provision for liabilities		( 95,568)		( 184,385)
Net assets		2,310,814		1,836,448
Capital and reserves
Called-up share capital	6	100		100
Undistributable reserve		321,119		609,839
Profit and loss account		1,989,595		1,226,509
Total shareholder's funds		2,310,814		1,836,448

For the financial year ending 31 January 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 year 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 Profit and Loss Account has not been delivered.

The financial statements of MPS1 Investment Holdings Ltd (registered number: 14564821) were approved and authorised for issue by the Director on 05 October 2026. They were signed on its behalf by:

M Scanlon Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

MPS1 Investment Holdings 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 Brooksby, Donkey Lane, Bourne End, SL8 5RR, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The functional currency of MPS1 Investment Holdings Ltd is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

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 Balance Sheet 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 on monetary items.

Taxation

Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income and expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax
Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account.

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.

Cash and cash equivalents

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

Financial instruments

The company has elected to apply the provisions of Section 11 "Basic Financial Instruments" to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Basic financial assets
Short term debtors are measured at transaction price less any provision for impairment. Loans receivable are measured initially at fair value, net of transaction costs and are subsequently carried at amortised costs using the effective interest method, less any provision for impairment.

Basic financial liabilities
Short term creditors are measured at transaction price. Other financial liabilities, including bank loans and other loans, are measured initially at fair value, net of transaction costs and are subsequently carried at amortised costs using the effective interest method.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

3. Fixed asset investments

	Loans		Other investments		Total
	£		£		£
Cost or valuation before impairment
At 01 February 2025	6,001,000		13,826,325		19,827,325
Additions	0		13,690,853		13,690,853
Disposals	0		( 9,281,132)		( 9,281,132)
Movement in fair value	0		( 425,342)		( 425,342)
At 31 January 2026	6,001,000		17,810,704		23,811,704
Carrying value at 31 January 2026	6,001,000		17,810,704		23,811,704
Carrying value at 31 January 2025	6,001,000		13,826,325		19,827,325

Other investments comprise listed investments at fair value and other investments at cost less impairment.

4. Debtors

	2026		2025
	£		£
Other debtors	350,819		63,658

5. Creditors: amounts falling due within one year

	2026		2025
	£		£
Taxation and social security	239,380		216,943
Other creditors	21,519,620		17,656,677
	21,759,000		17,873,620

6. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100

7. Related party transactions

At the balance sheet date, the company owed the director £21,513,619 (2025 - £17,651,677).