Contents

Balance Sheet

As at 30 September 2026

Balance Sheet Continued

For the period ended 30 September 2026 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The directors have elected not to deliver a copy of the profit and loss account to the registrar, in accordance with section 444(5A) of the Companies Act 2006.

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 of the Companies Act 2006.
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The accounts were approved by the Board of Directors and authorised for issue on 17 October 2026.

Notes to the Financial Statements

For the period 1 October 2025 to 30 September 2026

1. Accounting Policies

Turnover

Turnover is recognised when goods are delivered or services are provided.

Taxation

Corporation tax is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Debtors

Debtors are recognised at the settlement amount due.

Cash at bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments.

Creditors

Creditors are recognised when there is an obligation at the balance sheet date as a result of a past event.

Principal activity

The principal activity of the company during the period was Factoring.

Notes to the Financial Statements (continued)

2. Basis of Preparation

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' and the Companies Act 2006.

Notes to the Financial Statements (continued)

3. Employee Information

The average number of employees during the period was: 0

Notes to the Financial Statements (continued)

4. Purpose of Company

The Company has been set up by the three directors and shareholders for the sole purpose of receiving and distributing rental Income belonging to their three respective Sipps. There are two properties owned jointly by the three Sipps, one of these properties is Vat registered and the three Sipps have a VAT partnership in respect of that property. The Trustees of one Sipp are Tower Pension Trustees administered by Curtis Banks and the other Two Sipps have Barnet Waddingham as the Trustees and administrators. All rental income that is received belongs to the Sipps and is distributed amongst the Sipps on a pro rata basis without and charges or fees taken. The Company also holds and then pays the quarterly Vat for the Vat registered partnership property. All bank Charges, Confirmation fees and other outlays are paid by the shareholders/directors directly and 100% of the rental receipts are distributed to the Sipps or to HMRC Vat. The Company bank account does receive over £110,000 per annum, but the money belongs only to the respective Sipps and to HMRC Vat and all money received is distributed accordingly.