Eagle & Fox Holdings Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: SC702385

		2026		2025 as restated
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		837		1,083
Investments	5		666,387		1,001

			667,224		2,084
CURRENT ASSETS
Debtors	6	17,594		1,000
Cash at bank and in hand		385,426		2,532,510

		403,020		2,533,510
Creditors: Amounts Falling Due Within One Year	7	(420,517 )		(1,948,904 )

NET CURRENT ASSETS (LIABILITIES)			(17,497 )		584,606

TOTAL ASSETS LESS CURRENT LIABILITIES			649,727		586,690

NET ASSETS			649,727		586,690

CAPITAL AND RESERVES
Called up share capital			2,000		2,000
Profit and Loss Account			647,727		584,690

SHAREHOLDERS' FUNDS			649,727		586,690

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Eagle & Fox Holdings Ltd

Balance Sheet (continued)

As At 31 January 2026

For the 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.

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

The directors acknowledge their responsibilities for complying with the requirements of the Act 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Fergus Macdonald

Director

30 October 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Eagle & Fox Holdings Ltd is a private company, limited by shares, incorporated in Scotland, the registered number is SC702385 . The registered office is 170b Great Junction Street, Edinburgh, Scotland, EH6 5LJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention, modified by the measurement of listed investments at fair value, and in accordance with Financial Reporting Standard 102 Section 1A Small Entities “The Financial Reporting Standard applicable in the UK and Republic of Ireland” and the Companies Act 2006.

The company is the parent of a small group and has taken advantage of the exemption under section 398 of the Companies Act 2006 not to prepare group accounts. These financial statements therefore present information about the company as an individual entity and not about its group.

2.2. Turnover

Turnover is measured at the fair value of the consideration received, net of discounts and value added taxes. Turnover is recognised at the point of invoice.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant and machinery

20% - straight line

2.4. Financial Instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade debtors and creditors are classified as basic financial instruments and are recognised at transaction price less any impairment. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Other debtors and creditors are measured at amortised cost using the effective interest rate method.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received.

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Eagle & Fox Holdings Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

2.5. Taxation

The taxation expense represents the sum of the tax currently payable and deferred tax. Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.

Deferred tax

Deferred tax has not been recognised as it is not material to the financial statements. The directors will review this annually.

2.6. Investments

Interests in subsidiaries, associates and jointly controlled entities are initially measure at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

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Eagle & Fox Holdings Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

3. Average Number of Employees

	2026	2025
Average number of employees, including directors, during the year	2	2

	2	2

4. Tangible Assets

	Plant and machinery
	£
Cost
As at 1 February 2025	1,083

As at 31 January 2026	1,083

Depreciation
As at 1 February 2025	-
Provided during the period	246

As at 31 January 2026	246

Net Book Value
As at 31 January 2026	837

As at 1 February 2025	1,083

5. Investments

	Subsidiaries	Listed	Total
	£	£	£
Cost or Valuation
As at 1 February 2025	1,001	-	1,001
Additions	-	590,000	590,000
Revaluations	-	75,386	75,386

As at 31 January 2026	1,001	665,386	666,387

Provision
As at 1 February 2025	-	-	-

As at 31 January 2026	-	-	-

Net Book Value
As at 31 January 2026	1,001	665,386	666,387

As at 1 February 2025	1,001	-	1,001

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Eagle & Fox Holdings Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

TBCo Retail Ltd

The company holds 100% of the ordinary share capital in TBCo Retail Ltd, a company incorporated in Scotland. Its registered office is 170b Great Junction Street, Edinburgh, EH6 5LJ.

Profit/(loss) for the year: £170,473

Capital and reserves: £1,569,850

Beyond Utility Ltd

The company holds 100% of the ordinary share capital in Beyond Utility Ltd, a company incorporated in Scotland. Its registered office is 170b Great Junction Street, Edinburgh, Scotland, EH6 5LJ.

Profit/(loss) for the year: £6,273

Capital and reserves: (£3,122)

6. Debtors

	2026	2025 as restated
	£	£
Due within one year
Amounts owed by group undertakings	16,500	-
Other debtors	1,094	1,000

	17,594	1,000

7. Creditors: Amounts Falling Due Within One Year

	2026	2025 as restated
	£	£
Trade creditors	-	21,034
Amounts owed to group undertakings	420,516	1,302,682
Other creditors	1	1
Taxation and social security	-	625,187

	420,517	1,948,904

8. Related Party Transactions

The amount due from group undertakings at the year end was £16,500 (2025 : Nil).

The amount due to group undertakings at the year end was £420,516 (2025 : £1,302,682).

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