ACCOUNTS - Final Accounts preparation

Registered number: 14338008

M&C SAATCHI LIFE LIMITED

UNAUDITED

DIRECTORS' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

M&C SAATCHI LIFE LIMITED

COMPANY INFORMATION

Directors	Andrew Blackstone (appointed 31 March 2026)
	Simon Fuller
	Zaid Al-Qassab (resigned 31 March 2026)


Registered number	14338008


Registered office	36 Golden Square
	London
	W1F 9EE

M&C SAATCHI LIFE LIMITED

CONTENTS

	Page
Directors' Report	1 - 2
Directors' Responsibilities Statement	3
Statement of Comprehensive Income	4
Balance Sheet	5
Notes to the Financial Statements	6 - 7

M&C SAATCHI LIFE LIMITED

DIRECTORS' REPORT

FOR THE YEAR ENDED 31 DECEMBER 2025

The directors present their report and the financial statements for the year ended 31 December 2025.

Directors' responsibilities statement

The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 101 ‘Reduced Disclosure Framework’. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period.

In preparing these financial statements, the directors are required to:

∙select suitable accounting policies and then apply them consistently;

∙make judgments and accounting estimates that are reasonable and prudent;

∙state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;

∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Principal activity

The company is now Dormant.

Directors

The directors who served during the year were:

Simon Fuller

Zaid Al-Qassab (resigned 31 March 2026)

Small companies note

In preparing this report, the directors have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.

Page 1

M&C SAATCHI LIFE LIMITED

DIRECTORS' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

This report was approved by the Company's board of directors and signed on its behalf.

................................................

Simon Fuller

Director

Date: 16 September 2026

36 Golden Square

London

W1F 9EE

Page 2

M&C SAATCHI LIFE LIMITED

DIRECTORS' RESPONSIBILITIES STATEMENT

FOR THE YEAR ENDED 31 DECEMBER 2025

The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.

In preparing these financial statements, the directors are required to:

∙select suitable accounting policies and then apply them consistently;

∙make judgments and accounting estimates that are reasonable and prudent;

∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.

Page 3

M&C SAATCHI LIFE LIMITED

STATEMENT OF COMPREHENSIVE INCOME

FOR THE YEAR ENDED 31 DECEMBER 2025

	2025	2024
Note	£000	£000


Administrative expenses	-	(6)
Operating profit/(loss)	-	(6)
Profit/(loss) for the financial year	-	(6)

Other comprehensive income:
Items that will not be reclassified to profit or loss:
Total comprehensive income for the year	-	(6)

The notes on pages 6 to 7 form part of these financial statements.

Page 4

M&C SAATCHI LIFE LIMITED

REGISTERED NUMBER: 14338008

BALANCE SHEET

AS AT 31 DECEMBER 2025

		2025		2024
Note		£000		£000


Fixed assets

Creditors: amounts falling due within one year	(339)		(339)
Net current liabilities		(339)		(339)
Total assets less current liabilities		(339)		(339)



Net assets excluding pension asset		(339)		(339)
Net liabilities		(339)		(339)

Capital and reserves
Profit and loss account	(339)	(339)
	(339)	(339)

The members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

The Company was entitled to exemption from audit under section 479A 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 financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.

The financial statements were approved and authorised for issue by the Company's board of directors and were signed on its behalf by:

................................................

Simon Fuller

Director

Date: 16 September 2026

The notes on pages 6 to 7 form part of these financial statements.

Page 5

M&C SAATCHI LIFE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1.	General information

The Company is now Dormant.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 101 'Reduced Disclosure Framework' and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 101 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

2.2

FRS 101 reduced disclosure exemptions

As permitted by FRS 101, the Company has taken advantage of the disclosure exemptions available under that standard in relation to share-based payments, fair value measurements, presentation of a cash-flow statement, impairment of assets, and the revenue disclosure exemptions. Where relevant, equivalent disclosures have been given in the Plc Annual Report. The Plc Annual Report is available to the public and can be obtained as set out in note 4.

2.3

Going concern

The financial statements have been prepared on a going concern basis, notwithstanding net current liabilities of £339,000 (2024 – liabilities £339,000) which the directors believe to be appropriate for the following reason: the Company is dependent for its working capital on funds provided to it by M&C Saatchi plc, the Company’s ultimate parent undertaking.

The Company has ceased trading and the directors intend to wind up the Company within the foreseeable future. The going concern basis of accounting remains appropriate on basis that M&C Saatchi plc has provided the Company with an undertaking that for at least 12 months from the date of approval of these financial statements it will continue to make available such funds as are needed by the Company and, in particular, will not seek repayment of the amounts currently made available.

This should enable the Company to continue in operational existence until it is intentionally wound up by meeting its liabilities as they fall due for payment. As with any company placing reliance on other group entities for financial support, the directors acknowledge that there can be no certainty that this support will continue, although at the date of approval of these financial statements they have no reason to believe that it will not do so. M&C Saatchi plc has provided a detailed going concern review of the Group, within its consolidated financial statements and in which the Plc Board believe it appropriate to prepare their financial statements on a going concern basis.

On this basis, and on their assessment of the Company’s financial position, the directors have a reasonable expectation that the Company will be able to continue in existence for as long as is required until it has been dissolved. The directors, therefore, continue to adopt the going concern basis of accounting in preparing the annual financial statements.

Page 6

M&C SAATCHI LIFE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.4

Creditors

Creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Creditors are recognised initially at fair value and subsequently measured at amortised cost using the effective interest method.

3.	Creditors: Amounts falling due within one year
		2025	2024
		£000	£000

Amounts owed to group undertakings	339	339
	339	339

4.	Controlling party

The immediate parent company is M&C Saatchi Worldwide Ltd, which is registered in England and Wales.

The ultimate parent company is M&C Saatchi plc, which is registered in England and Wales.

The Group is the only group of which the Company is a member and for which group accounts are prepared. Copies of the Plc Annual Report are available from M&C Saatchi plc, 36 Golden Square, London W1F 9EE.

Page 7