Registration number: 14423462 (England and Wales)

Mistral Holdings Trust Limited

Directors' Report for the Year Ended 31 May 2026

The directors present their report and the financial statements for the year ended 31 May 2026.

Principal activity

The principal activity of the company is the corporate trustee of the Mistral Holdings Employee Ownership Trust, which owns 100% of the share capital of Mistral Holdings Limited.

The company does not trade and is dormant.

Directors of the company

The directors who held office during the year were as follows:

D H Ball (resigned 2 January 2026)

R Blake (resigned 2 January 2026)

S Byrne (resigned 2 January 2026)

M P Conway (resigned 2 January 2026)

R Prescott (resigned 2 January 2026)

H M Robinson (resigned 2 January 2026)

M Sutton (resigned 2 January 2026)

A J Barry (appointed 19 January 2026)

G P S Buck (appointed 2 January 2026)

A J Chandler (appointed 2 January 2026)

J C Ford (appointed 2 January 2026)

M Hammond (appointed 2 January 2026)

J L Seabright (appointed 2 January 2026)

G W Venn (appointed 2 January 2026)

The following director was appointed after the year end:

I R Wickett (appointed 18 August 2026)

Small companies provision statement

This report has been prepared in accordance with the small companies regime under the Companies Act 2006.

Approved by the Board on 23 September 2026 and signed on its behalf by:

I R Wickett
Director

Mistral Holdings Trust Limited

Profit and Loss Account for the Year Ended 31 May 2026

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

Mistral Holdings Trust Limited

(Registration number: 14423462)
Balance Sheet as at 31 May 2026

	Note	2026 £	2025 £
Current assets
Debtors	3	100	100
Creditors: Amounts falling due within one year	4	(100)	(100)
Net assets/(liabilities)		-	-
Reserves
Surplus/(deficit)		-	-

For the financial year ending 31 May 2026 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account and Directors' Report.

Approved and authorised by the Board on 23 September 2026 and signed on its behalf by:
 

I R Wickett
Director

Mistral Holdings Trust Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2026

1	General information

The company is a company limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £Nil towards the assets of the company in the event of liquidation.

The address of its registered office is:
The Quadrangle
Imperial Square
Cheltenham
Gloucestershire
GL50 1PZ

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except for, where disclosed in these accounting policies, certain items that are shown at fair value.

The presentational currency of the financial statements is Pounds Sterling, being the functional currency of the primary economic environment in which the company operates. Monetary amounts in these financial statements are rounded to the nearest Pound.

The company has not traded during the year and therefore no profit and loss account is presented.

There were no employees during the period.

3

Debtors

	2026 £	2025 £
Amounts owed by related parties	100	100

4

Creditors

	2026 £	2025 £
Due within one year
Amounts due to related parties	100	100

5	Share capital

The company was incorporated on 17 October 2022 as a company limited by guarantee. Consequently, there is no issued share capital.