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REGISTERED NUMBER: 14438612 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31 December 2024 |

| for |

| Goodwill Solutions Icon Operations Ltd |

| Goodwill Solutions Icon Operations Ltd (Registered number: 14438612) |

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 |  | to |  | 5

| Goodwill Solutions Icon Operations Ltd |

Company Information

for the year ended 31 December 2024

| DIRECTOR: | G L Tomkins

| REGISTERED OFFICE: | 1056 Deer Park Road

| Moulton Park

| Northampton

| Northamptonshire

| NN3 6RX

| REGISTERED NUMBER: | 14438612 (England and Wales)

| ACCOUNTANTS: | Clifford Roberts

| Chartered Accountants

| Pacioli House

| 9 Brookfield

| Duncan Close

| Northampton

| Northamptonshire

| NN3 6WL

| Goodwill Solutions Icon Operations Ltd (Registered number: 14438612) |

Balance Sheet

31 December 2024

| 2024 |  | 2023

| Notes | £ | £ |

CURRENT ASSETS

Debtors | 4 | 61,021 |  | 1 |  |

Cash at bank | 85,217 |  | 10,895 |  |

146,238 |  | 10,896 |  |

CREDITORS

Amounts falling due within one year | 5 | 142,841 |  | 7,310 |  |

NET CURRENT ASSETS | 3,397 |  | 3,586 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 3,397 |  | 3,586 |  |

CAPITAL AND RESERVES

Called up share capital | 7 | 1 |  | 1 |  |

Retained earnings | 3,396 |  | 3,585 |  |

SHAREHOLDERS' FUNDS | 3,397 |  | 3,586 |  |

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 director acknowledges his 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 director and authorised for issue on 4 September 2025 and were signed by:

G L Tomkins - Director

| Goodwill Solutions Icon Operations Ltd (Registered number: 14438612) |

Notes to the Financial Statements

for the year ended 31 December 2024

1. | STATUTORY INFORMATION

| Goodwill Solutions Icon Operations Ltd 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 applicable United Kingdom accounting standards, including Financial Reporting Standard 102 section 1A - "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102 section 1A") and with the Companies Act 2006. The financial statements have been prepared on the historical cost basis

| The financial statements are presented in Sterling (£) and cover the extended period to 31st December year year. The comparative is not entirely comparable as it covers the period from incorporation to the end of December, a period of over twelve months for which the company was partially dormant.

| Going Concern

| At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus, the director continues to adopt the going concern basis of accounting in preparing the financial statements.

| Related party exemption

| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| 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

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Goodwill Solutions Icon Operations Ltd (Registered number: 14438612) |

Notes to the Financial Statements - continued

for the year ended 31 December 2024

2. | ACCOUNTING POLICIES - continued

| 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.

| Trade and other debtors

| Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.

| Trade and other creditors

| Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method unless the effect of discounting would be immaterial, in which case they are stated at cost.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2023 - 1 ) .

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

2024 | 2023 |

£ | £ |

| Trade debtors | 17,572 |  | - |  |

| Amounts owed by group undertakings | 26,513 |  | 1 |  |

| Other debtors | 16,936 |  | - |  |

61,021 |  | 1 |  |

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

2024 | 2023 |

£ | £ |

| Trade creditors | 31,573 |  | 456 |  |

| Amounts owed to group undertakings | 4,065 |  | 2,000 |  |

| Taxation and social security | 5,464 |  | 2,258 |  |

| Other creditors | 101,739 |  | 2,596 |  |

142,841 |  | 7,310 |  |

| Goodwill Solutions Icon Operations Ltd (Registered number: 14438612) |

Notes to the Financial Statements - continued

for the year ended 31 December 2024

6. | FINANCIAL RISK MANAGEMENT

| The company has some exposure to credit, liquidity and market risks, These risks are limited by the company's financial management policies and practices described below:

| Credit risk

| The company's exposure and it's customers credit worthiness is continually monitored so that any potential problems are detected at an early stage.

| Liquidity risk

| The directors have ultimate responsibility for liquidity risk management in maintaining adequate reserves and banking facilities. Active management of the cash position is undertaken with future cash flows being reviewed to ensure that resources are available.

| Market risk

| There is a market risk associated with the fluctuation in demand for the products and services provided. Most of this is mitigated by monitoring the markets.

| The company holds no derivative financial instruments at the year end.

7. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2024 | 2023 |

| value: | £ | £ |

| 1 | Ordinary | £1 | 1 |  | 1 |  |

8. | RELATED PARTY DISCLOSURES

| During the year the company was charged £6,000 from GTA resources Limited, a company in which the director of the reporting entity was also a director.

9. | ULTIMATE CONTROLLING PARTY

| The directors consider the ultimate controlling party to be Goodwill Solutions (Holdings) C.I.C., this entity is a private company incorporated in England. The company's registered office is 1056 Deer Park Road, Moulton Park, Northampton, NN3 6RX. The immediate Parent entity is Goodwill Solutions ICON Innovation Property Limited, which has the same registered office as the ultimate parent company.