REGISTERED NUMBER: 13846642 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2026

for

Century Cobalt Limited

Page

Company Information

1

Income Statement

2

Balance Sheet

3

Statement of Changes in Equity

5

Notes to the Financial Statements

6

DIRECTOR:

A G B Stanbury

SECRETARY:

REGISTERED OFFICE:

Lincoln Street

Wolverhampton

WV10 0DX

REGISTERED NUMBER:

13846642 (England and Wales)

TURNOVER

-

-

Administrative expenses

636,775

4,175,748

(636,775

)

(4,175,748

)

Gain/loss on revaluation of investments

(158,491

)

1,614,178

OPERATING LOSS

(795,266

)

(2,561,570

)

Interest receivable and similar income

113,906

111,820

(681,360

)

(2,449,750

)

Interest payable and similar expenses

579

126,811

LOSS BEFORE TAXATION

(681,939

)

(2,576,561

)

Tax on loss

(237

)

(895,230

)

LOSS FOR THE FINANCIAL YEAR

(681,702

)

(1,681,331

)

FIXED ASSETS

Investments

4

95,094

253,585

CURRENT ASSETS

Debtors

5

1,498,024

2,003,043

Cash at bank

1,428

14,445

1,499,452

2,017,488

CREDITORS

Amounts falling due within one year

6

148,415

143,240

NET CURRENT ASSETS

1,351,037

1,874,248

TOTAL ASSETS LESS CURRENT LIABILITIES

1,446,131

2,127,833

CAPITAL AND RESERVES

Called up share capital

5

5

Revaluation reserve

7

4,026,470

4,026,470

Retained earnings

(2,580,344

)

(1,898,642

)

1,446,131

2,127,833

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 30 October 2026 and were signed by:

A G B Stanbury - Director

Called up

share

Retained

Revaluation

Total

capital

earnings

reserve

equity

£

£

£

£

Balance at 1 February 2024

5

(217,311

)

4,026,470

3,809,164

Changes in equity

Total comprehensive income

-

(1,681,331

)

-

(1,681,331

)

Balance at 31 January 2025

5

(1,898,642

)

4,026,470

2,127,833

Changes in equity

Total comprehensive income

-

(681,702

)

-

(681,702

)

Balance at 31 January 2026

5

(2,580,344

)

4,026,470

1,446,131

1.	STATUTORY INFORMATION

Century Cobalt Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The Company employs one person as Director and CEO. Other than the director, there were no other employees. The Director received no remuneration in the period but received consultancy fees of £103, 301(2025: £245,415)

4.	FIXED ASSET INVESTMENTS

Other

investment

£

COST OR VALUATION

At 1 February 2025

253,585

Revaluations

(158,491

)

At 31 January 2026

95,094

NET BOOK VALUE

At 31 January 2026

95,094

At 31 January 2025

253,585

Cost or valuation at 31 January 2026 is represented by:

Other

investment

£

Valuation in 2025

253,585

Valuation in 2026

(158,491

)

95,094

5.

DEBTORS

31.1.26

31.1.25

£

£

Amounts falling due within one year:

Other debtors

1,353,984

1,353,747

Amounts falling due after more than one year:

Amounts owed by group undertakings

143,992

143,992

Other debtors

48

505,304

144,040

649,296

Aggregate amounts

1,498,024

2,003,043

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans and overdrafts

4,999

-

Trade creditors

1,635

1,634

Other creditors

141,781

141,606

148,415

143,240

7.

RESERVES

Revaluatio

reserve

£

At 1 February 2025

and 31 January 2026

4,026,470

8.	RELATED PARTY DISCLOSURES

AS at 31 January 2026, amounts due from the parent undertaking, Century Cobalt Corp were £143,992 (2025: £143,992) . The amounts due from the parent company undertaking are due on demand

9.	ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of Century Cobalt Corp

10.	EQUITY INVESTMENT

During the year ended 31 January 2026, there was no change in the Comapny's holdings of it's TM PLC investment,.

At 31 January 2026, the Company owned 211,321,213 ordinary shares of TM PLC which were valued at £95,094