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REGISTERED NUMBER: 01601435 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31 December 2024 |

| for |

GLEVUM FINANCIAL SERVICES LIMITED |

GLEVUM FINANCIAL SERVICES LIMITED (REGISTERED NUMBER: 01601435) |

Contents of the Financial Statements

for the year ended 31 December 2024

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| GLEVUM FINANCIAL SERVICES LIMITED |

Company Information

for the year ended 31 December 2024

| DIRECTORS: | C A Lutton

| Mrs C R Lutton

| SECRETARY: | Mrs C R Lutton

| REGISTERED OFFICE: | c/o MGB Accountants - Suite 22

| Trym Lodge, 1 Henbury Road

| Westbury-on-Trym

| Bristol

| BS9 3HQ

| REGISTERED NUMBER: | 01601435 (England and Wales)

| ACCOUNTANTS: | Mitchell Glanville (Bristol) Limited

| c/o MGB Accountants - Suite 22

| Trym Lodge, 1 Henbury Road

| Westbury-on-Trym

| Bristol

| BS9 3HQ

GLEVUM FINANCIAL SERVICES LIMITED (REGISTERED NUMBER: 01601435) |

Balance Sheet

31 December 2024

| 2024 | 2023 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 293,531 |  | 306,018 |  |

Investments | 5 | 50 |  | 50 |  |

293,581 |  | 306,068 |  |

CURRENT ASSETS

Debtors | 6 | 88,656 |  | 93,069 |  |

Cash at bank | 516,000 |  | 510,292 |  |

604,656 |  | 603,361 |  |

CREDITORS

Amounts falling due within one year | 7 | 385,516 |  | 413,726 |  |

NET CURRENT ASSETS | 219,140 |  | 189,635 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 512,721 |  | 495,703 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 512,621 |  | 495,603 |  |

SHAREHOLDERS' FUNDS | 512,721 |  | 495,703 |  |

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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 September 2025 and were signed on its behalf by:

C A Lutton - Director

GLEVUM FINANCIAL SERVICES LIMITED (REGISTERED NUMBER: 01601435) |

Notes to the Financial Statements

for the year ended 31 December 2024

1. | STATUTORY INFORMATION

| Glevum Financial Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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, excluding discounts, rebates, value added tax and other sales taxes.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

| Freehold property | - | not provided

| Plant and machinery | - | 25% on reducing balance

| Fixtures and fittings | - | 15% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | 25% on reducing balance

| No depreciation is provided on freehold land and property as the directors consider the market value to be at least equal to the cost.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

| Hire purchase and leasing commitments

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2023 - 2 ) .

GLEVUM FINANCIAL SERVICES LIMITED (REGISTERED NUMBER: 01601435) |

Notes to the Financial Statements - continued

for the year ended 31 December 2024

4. | TANGIBLE FIXED ASSETS

| Fixtures

| Freehold |  | Plant and |  | and

| property |  | machinery |  | fittings

£ | £ | £ |

| COST

| At 1 January 2024 | 197,421 |  | 59,256 |  | 1,342 |  |

| Additions | - |  | - |  | - |  |

| Disposals | - |  | - |  | - |  |

| At 31 December 2024 | 197,421 |  | 59,256 |  | 1,342 |  |

| DEPRECIATION

| At 1 January 2024 | - |  | 57,157 |  | 756 |  |

| Charge for year | - |  | 525 |  | 146 |  |

| Eliminated on disposal | - |  | - |  | - |  |

| At 31 December 2024 | - |  | 57,682 |  | 902 |  |

| NET BOOK VALUE

| At 31 December 2024 | 197,421 |  | 1,574 |  | 440 |  |

| At 31 December 2023 | 197,421 |  | 2,099 |  | 586 |  |

| Motor |  | Computer |

| vehicles |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 January 2024 | 462,201 |  | 14,520 |  | 734,740 |  |

| Additions | 29,163 |  | 583 |  | 29,746 |  |

| Disposals | (78,729 | ) | - |  | (78,729 | ) |

| At 31 December 2024 | 412,635 |  | 15,103 |  | 685,757 |  |

| DEPRECIATION

| At 1 January 2024 | 359,682 |  | 11,127 |  | 428,722 |  |

| Charge for year | 25,464 |  | 854 |  | 26,989 |  |

| Eliminated on disposal | (63,485 | ) | - |  | (63,485 | ) |

| At 31 December 2024 | 321,661 |  | 11,981 |  | 392,226 |  |

| NET BOOK VALUE

| At 31 December 2024 | 90,974 |  | 3,122 |  | 293,531 |  |

| At 31 December 2023 | 102,519 |  | 3,393 |  | 306,018 |  |

GLEVUM FINANCIAL SERVICES LIMITED (REGISTERED NUMBER: 01601435) |

Notes to the Financial Statements - continued

for the year ended 31 December 2024

4. | TANGIBLE FIXED ASSETS - continued

| Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

| Motor

| vehicles

£ |

| COST

| At 1 January 2024 | 354,137 |  |

| Disposals | (61,259 | ) |

| At 31 December 2024 | 292,878 |  |

| DEPRECIATION

| At 1 January 2024 | 319,758 |  |

| Charge for year | 6,626 |  |

| Eliminated on disposal | (53,385 | ) |

| At 31 December 2024 | 272,999 |  |

| NET BOOK VALUE

| At 31 December 2024 | 19,879 |  |

| At 31 December 2023 | 34,379 |  |

5. | FIXED ASSET INVESTMENTS

| Other

| investments

£ |

| COST

| At 1 January 2024

| and 31 December 2024 | 50 |  |

| NET BOOK VALUE

| At 31 December 2024 | 50 |  |

| At 31 December 2023 | 50 |  |

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

2024 | 2023 |

£ | £ |

| Trade debtors | 2,770 |  | 3,970 |  |

| Other debtors | 85,886 |  | 89,099 |  |

88,656 |  | 93,069 |  |

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

2024 | 2023 |

£ | £ |

| Bank loans and overdrafts | 1,821 |  | 10,186 |  |

| Trade creditors | 544 |  | 8,917 |  |

| Other creditors | 383,151 |  | 394,623 |  |

385,516 |  | 413,726 |  |

GLEVUM FINANCIAL SERVICES LIMITED (REGISTERED NUMBER: 01601435) |

Notes to the Financial Statements - continued

for the year ended 31 December 2024

8. | RELATED PARTY DISCLOSURES

| Included within turnover is £11,925 (2023: £11,700) charged to Laser Alarms Limited (a company controlled by C A Lutton) for rent. The company also charged £11,700 (2023: £11,700) to Laser Alarms Limited for management fees and £17,480 (2023: £41,600) for vehicle leasing costs.

9. | ULTIMATE CONTROLLING PARTY

| The company is controlled by C A Lutton and Mrs C R Lutton.