ARCTIC GR LIMITED

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  Material uncertainty over going concern

  We draw attention to the going concern accounting policy in note 16 of these financial statements, which indicates that the group may be adversely affected by the uncertainty surrounding enacted changes to legislation including the Leasehold Reform (Ground Rent) Act 2022, the Leasehold and Freehold Reform Act 2024, The Building Safety Act 2022 and potential future changes to legislation including the draft Commonhold and Leasehold Reform Bill, and the potential impact on the group and its future cashflows As stated in the going concern accounting policy, these events or conditions, along with the other matters as set forth in the going concem accounting policy, indicate that a matenal uncertainty exists that may cast significant doubt on the group's and company's ability to continue as a going concern Our opinion is not modified in respect of this matter

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  Going-concern uncertainty disclosed

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to the going concern accounting policy in note 16 of these financial statements, which indicates that the group may be adversely affected by the uncertainty surrounding enacted changes to legislation including the Leasehold Reform (Ground Rent) Act 2022, the Leasehold and Freehold Reform Act 2024, The Building Safety Act 2022 and potential future changes to legislation including the draft Commonhold and Leasehold Reform Bill, and the potential impact on the group and its future cashflows As stated in the going concern accounting policy, these events or conditions, along with the other matters as set forth in the going concem accounting policy, indicate that a matenal uncertainty exists that may cast significant doubt on the group's and company's ability to continue as a going concern Our opinion is not modified in respect of this matter”

Group structure

1. ARCTIC GR LIMITED · parent
   1. This is G2 Limited 100% · UK · Property investment
   2. Ins GR Limited 100% · UK · Property investment
   3. Twinleaf GR Limited 100% · UK · Property investment
   4. Kamarno Limited 100% · UK · Property investment
   5. Worsley Investment Properties Limited 100% · UK · Property investment
   6. Venus GR Limited 100% · UK · Property investment
   7. Blackthorn GR Limited 100% · UK · Holding Company

Significant events

• “On 24 May 2024, the Leasehold and Freehold Reform Act 2024 received Royal Assent The aspect of this Act most likely to have a significant financial effect on the Group relates to changes that reduce the premium payable to freeholders when leaseholders exercise their statutory rights to enfranchisement or lease extension.”
• “In October 2025, the High Court issued its judgment dismissing the judicial review brought by industry participants challenging aspects of the Government's leasehold reform measures contained in the 2024 Act.”
• “Separately, the Government has published on 27 January 2026 the Draft Commonhold and Leasehold Reform Bill (the "Draft Bill") for pre legislative scrutiny.”
• “The Building Safety Act 2022 introduced the responsibility on the freeholder to fund the remediation of certain life-cntical fire-safety defects on applicable residential buildings should the original developer or other responsible party not be available to provide funding.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.