ABERDEEN INFRASTRUCTURE II LIMITED

Accounting basis

UK-adopted International Accounting Standards

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers CI LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have therefore determined that the Company has sufficient resources to continue in operation for at least twelve months from the date of signing these financial statements and that it is appropriate for the financial statements to be prepared on a going concern basis.”

Group structure

1. ABERDEEN INFRASTRUCTURE II LIMITED · parent
   1. Bristol Schools (Holdings) Ltd 100% · Scotland · Infrastructure
   2. Crawley Schools (Holdings) Ltd 100% · Scotland · Infrastructure
   3. Dalkeith SPV (Holdings) Ltd 100% · Scotland · Infrastructure
   4. East Renfrewshire Schools (Holdings) Ltd 100% · Scotland · Infrastructure
   5. Healthcare Solutions (Hull) Holdings Ltd 100% · England · Infrastructure
   6. Linteum (Lewisham) Holdings Ltd 100% · England · Infrastructure
   7. Axiom Education (Rochdale) Holdings Ltd 100% · England · Infrastructure
   8. Healthcare (St. Andrews) Ltd 100% · Scotland · Infrastructure
   9. Linteum (Uttlesford) Holdings Ltd 100% · England · Infrastructure
   10. Linteum (Willesden) Holdings Ltd 100% · England · Infrastructure

Significant events

• “The Directors have evaluated the impact of all subsequent events on the Company occurring between the end of the reporting period and 25 June 2025, the date the financial statements were available to be issued and have determined that there were no subsequent events requiring adjustment or additional disclosure at the date of signing this report and the audited financial statements.”
• “On 24 February 2022, Russia launched a military offensive against Ukraine resulting in widespread sanctions on Russia and heightened security and cyber threats. This battle is still ongoing and sanctions continue to be placed and updated and vigilance levels remain high around security and potential cyber threats.”
• “In October 2023, the Hamas attack on Israel led to a full blown conflict between Israel and the Hamas-controlled administration of Gaza. In light of this ongoing unrest, the Company has assessed the impact of the unrest and has concluded that at the date of approval of these financial statements the ongoing unrest has no impact on the Company's operations as the Company's key suppliers do not have any operations pertaining to the Company in Israel or the Hamas-controlled administration of Gaza.”
• “On 11 October 2023 the Fund was restructured. Over the years, the shareholder's loan from the Fund to the Company has been significantly impacted by increasing unpaid interest charges. During the 2023 financial year, the General Partner's assessment of the loan indicated that the current structure was unsustainable and therefore the General Partner approved a restructure of the arrangement. GBP 30,000,000 (EUR 34,785,432) of the shareholder loan was converted to equity in the form of one newly issued share at a premium of GBP 29,999,999 (Notes 11, 12).”

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

Filings

2

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.