Annual Report & Accounts 2026

69
OUR FINANCIALS
15. INVESTMENTS IN SUBSIDIARY
COMPANY SUBSIDIARIES
Details of the Company’s subsidiaries as at the end of each year were as follows:
Proportion of ownership interest and voting rights held by the Group
Name of subsidiary
Principal activity
Country of incorporation and principal place of business
2026
2026
Keystone Law Limited
Provision of legal services
England and Wales
100%
100%
Keystone Law (Guernsey) Limited
Dormant
England and Wales
100%
100%
Keystone Law Limited is owned by the Company, whilst Keystone Law (Guernsey) Limited is owned by Keystone Law Limited. The registered office of all subsidiaries above is 48 Chancery Lane, London, WC2A 1JF.
The movement in the Company investment value, which is £851,320 (2026: £780,662) represents the cost of share awards granted under the Company’s Long-Term Incentive Plan. For further details see note 10.
16. INVESTMENTS
2026 £ 2026 £ Non-current financial assets
At 1 February
129,350
129,350
Revaluation
184,388
–
At 31 January 313,738
129,350
Investments represent the value of the Group’s minority holding in Keypoint Law Pty Limited, an Australian law firm, which is carried at fair value.