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REGISTERED NUMBER: 09311471 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31 December 2024 |

| for |

| PE Passport Limited |

PE Passport Limited (Registered number: 09311471)

Contents of the Financial Statements

for the Year Ended 31 December 2024

Page |

Balance Sheet | 1 |

Notes to the Financial Statements | 3 |

PE Passport Limited (Registered number: 09311471)

Balance Sheet

31 December 2024

| 31.12.24 |  | 31.12.23

| Notes | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 1,512 |  | 2,016 |  |

Tangible assets | 5 | 97,932 |  | 99,322 |  |

99,444 |  | 101,338 |  |

CURRENT ASSETS

Debtors | 6 | 101,579 |  | 89,034 |  |

Cash at bank | 598,068 |  | 443,582 |  |

699,647 |  | 532,616 |  |

CREDITORS

Amounts falling due within one year | 7 | (545,106 | ) | (356,840 | ) |

NET CURRENT ASSETS | 154,541 |  | 175,776 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 253,985 |  | 277,114 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (91,456 | ) | (125,972 | ) |

PROVISIONS FOR LIABILITIES | - |  | (15,384 | ) |

NET ASSETS | 162,529 |  | 135,758 |  |

CAPITAL AND RESERVES

Called up share capital | 200 |  | 200 |  |

Capital redemption reserve | (8,000 | ) | (8,000 | ) |

Retained earnings | 170,329 |  | 143,558 |  |

SHAREHOLDERS' FUNDS | 162,529 |  | 135,758 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

PE Passport Limited (Registered number: 09311471)

Balance Sheet - continued

31 December 2024

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 September 2025 and were signed on its behalf by:

Mr L G Manion - Director

PE Passport Limited (Registered number: 09311471)

Notes to the Financial Statements

for the Year Ended 31 December 2024

1. | STATUTORY INFORMATION

| PE Passport Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

| Registered number: | 09311471

| Registered office: | Westminster House

| 10 Westminster Road

| Macclesfield

| Cheshire

| SK10 1BX

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, net of VAT.

| When the outcome of a transaction can be estimated reliably, turnover from services is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to finalisation of work completed.

| Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Computer software is being amortised evenly over its estimated useful life of five years.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Plant and machinery | - | 25% on cost

| Fixtures and fittings | - | 25% on cost

| Computer equipment | - | 33% on cost

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 7 (2023 - 8 ) .

PE Passport Limited (Registered number: 09311471)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

4. | INTANGIBLE FIXED ASSETS

| Computer

| software

£ |

| COST

| At 1 January 2024

| and 31 December 2024 | 10,083 |  |

| AMORTISATION

| At 1 January 2024 | 8,067 |  |

| Amortisation for year | 504 |  |

| At 31 December 2024 | 8,571 |  |

| NET BOOK VALUE

| At 31 December 2024 | 1,512 |  |

| At 31 December 2023 | 2,016 |  |

5. | TANGIBLE FIXED ASSETS

| Fixtures |

| Plant and |  | and |  | Motor |  | Computer |

| machinery |  | fittings |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 January 2024 | 4,182 |  | 1,904 |  | 120,635 |  | 33,882 |  | 160,603 |  |

| Additions | - |  | - |  | 21,500 |  | - |  | 21,500 |  |

| At 31 December 2024 | 4,182 |  | 1,904 |  | 142,135 |  | 33,882 |  | 182,103 |  |

| DEPRECIATION

| At 1 January 2024 | 4,182 |  | 649 |  | 28,883 |  | 27,567 |  | 61,281 |  |

| Charge for year | - |  | 433 |  | 18,351 |  | 4,106 |  | 22,890 |  |

| At 31 December 2024 | 4,182 |  | 1,082 |  | 47,234 |  | 31,673 |  | 84,171 |  |

| NET BOOK VALUE

| At 31 December 2024 | - |  | 822 |  | 94,901 |  | 2,209 |  | 97,932 |  |

| At 31 December 2023 | - |  | 1,255 |  | 91,752 |  | 6,315 |  | 99,322 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.24 |  | 31.12.23

£ | £ |

| Trade debtors | 91,829 |  | 81,348 |  |

| Other debtors | 9,750 |  | 7,686 |  |

101,579 |  | 89,034 |  |

PE Passport Limited (Registered number: 09311471)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.24 |  | 31.12.23

£ | £ |

| Bank loans and overdrafts | 10,000 |  | 10,058 |  |

| Hire purchase contracts | 15,774 |  | 14,842 |  |

| Trade creditors | 24,964 |  | 24,964 |  |

| Taxation and social security | 73,050 |  | 45,357 |  |

| Other creditors | 421,318 |  | 261,619 |  |

545,106 |  | 356,840 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.12.24 |  | 31.12.23

£ | £ |

| Bank loans | 4,997 |  | 14,999 |  |

| Hire purchase contracts | 65,073 |  | 81,097 |  |

| Other creditors | 21,386 |  | 29,876 |  |

91,456 |  | 125,972 |  |

9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

| 31.12.24 |  | 31.12.23

£ | £ |

| Mr L G Manion

| Balance outstanding at start of year | - |  | - |  |

| Amounts advanced | 5,463 |  | - |  |

| Amounts repaid | - |  | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 5,463 |  | - |  |

| Loans in excess of £10,000 incur interest at 2.25% per annum and repaid within 9 months of the year end.