Dar 150 Holborn Development Limited

The principal activity of the Company is the development of the 150 Holborn building project in Central London. Results and dividends The loss for the year amounted to £86,331 (2023 - £457). No dividends were declared or paid during the year (2023 - £Nil). Future development and going concern The Company will continue operating until all matters concerning the development of the 150 Holborn building project have been concluded. The Company has total net assets at the balance sheet date of £27,215. As an intrinsic element of the development of 150 Holborn, the ultimate parent company has committed to provide financial support as is required to enable the Company to meet its financial obligations as they fall due for a period of at least 12 months from the date of approval of these financial statements. Therefore, the directors believe it is appropriate to adopt the going concern basis in preparing the financial statements and have concluded that there is no material uncertainty.