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REGISTERED NUMBER: 13378305 (England and Wales)

| Unaudited Financial Statements |

| for the Period |

| 1 June 2024 to 31 March 2025 |

| for |

| Marine Zero Holdings Limited |

| Marine Zero Holdings Limited (Registered number: 13378305) |

Contents of the Financial Statements

for the Period 1 June 2024 to 31 March 2025

Page |

| Company Information | 1 |

| Chartered Accountants' Report | 2 |

| Balance Sheet | 3 |

| Notes to the Financial Statements | 4 |

| Marine Zero Holdings Limited |

Company Information

for the Period 1 June 2024 to 31 March 2025

| DIRECTOR: | T P Munn

| SECRETARY: | Mrs D De Souza Munn

| REGISTERED OFFICE: | Suite 2

| Chancery Court

| 34 West Street

| Retford

| Nottinghamshire

| DN22 6ES

| REGISTERED NUMBER: | 13378305 (England and Wales)

| ACCOUNTANTS: | Wright Vigar Limited

| Chartered Accountants & Business Advisers

| Chancery Court

| 34 West Street

| Retford

| Nottinghamshire

| DN22 6ES

Chartered Accountants' Report to the Director

on the Unaudited Financial Statements of

Marine Zero Holdings Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Marine Zero Holdings Limited for the period ended 31 March 2025 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Marine Zero Holdings Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Marine Zero Holdings Limited and state those matters that we have agreed to state to the director of Marine Zero Holdings Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Marine Zero Holdings Limited and its director for our work or for this report.

It is your duty to ensure that Marine Zero Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Marine Zero Holdings Limited. You consider that Marine Zero Holdings Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Marine Zero Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Wright Vigar Limited

Chartered Accountants & Business Advisers

Chancery Court

34 West Street

Retford

Nottinghamshire

DN22 6ES

6 October 2025

| Marine Zero Holdings Limited (Registered number: 13378305) |

Balance Sheet

31 March 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 114 |  | 158 |  |

Tangible assets | 5 | 27,154 |  | 32,432 |  |

Investments | 6 | 75 |  | 75 |  |

27,343 |  | 32,665 |  |

CURRENT ASSETS

Debtors | 7 | 10,089 |  | 198 |  |

Cash at bank | 1,681 |  | 6,283 |  |

11,770 |  | 6,481 |  |

CREDITORS

Amounts falling due within one year | 8 | 18,424 |  | 9,103 |  |

NET CURRENT LIABILITIES | (6,654 | ) | (2,622 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 20,689 |  | 30,043 |  |

CREDITORS

Amounts falling due after more than one year | 9 | (15,994 | ) | (18,333 | ) |

PROVISIONS FOR LIABILITIES | (4,077 | ) | (5,123 | ) |

NET ASSETS | 618 |  | 6,587 |  |

CAPITAL AND RESERVES

Called up share capital | 11 | 100 |  | 100 |  |

Retained earnings | 518 |  | 6,487 |  |

SHAREHOLDERS' FUNDS | 618 |  | 6,587 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2025 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 October 2025 and were signed by:

T P Munn - Director

| Marine Zero Holdings Limited (Registered number: 13378305) |

Notes to the Financial Statements

for the Period 1 June 2024 to 31 March 2025

1. | STATUTORY INFORMATION

| Marine Zero Holdings 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

| The company's accounting period was shortened by 2 months to 31 March 2025. The decision was made to align the company's accounting period end with the UK's fiscal year, as a consequence the comparatives given are not entirely comparable.

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The accounts are prepared on a going concern basis which assumes that the director will continue to support the Company. If this support was not to continue then this basis may not be appropriate, as at the 31 March 2025 the company's current liabilities exceeded the current assets by £6,654 (31 May 2024: £2,622).

| Should the Company then not be able to continue trading, adjustments to the value of assets would be needed to provide for any further liabilities which might arise and to reclassify fixed assets and long term liabilities as current assets and liabilities.

| Preparation of consolidated financial statements

| The financial statements contain information about Marine Zero Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

| Turnover

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

| 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.

| Patents and licences are being amortised evenly over their 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

| Land and Buildings | - | 10% on cost

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

| Motor vehicles | - | 20% on reducing balance

| Computer equipment | - | 20% on cost

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost.

| Financial instruments

| The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

| Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

| For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

| Marine Zero Holdings Limited (Registered number: 13378305) |

Notes to the Financial Statements - continued

for the Period 1 June 2024 to 31 March 2025

2. | ACCOUNTING POLICIES - continued

| Taxation

| Taxation for the period 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.

| 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 period 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 period was 1 (2024 - 1 ) .

4. | INTANGIBLE FIXED ASSETS

| Other

| intangible

| assets

£ |

| COST

| At 1 June 2024

| and 31 March 2025 | 220 |  |

| AMORTISATION

| At 1 June 2024 | 62 |  |

| Charge for period | 44 |  |

| At 31 March 2025 | 106 |  |

| NET BOOK VALUE

| At 31 March 2025 | 114 |  |

| At 31 May 2024 | 158 |  |

| Marine Zero Holdings Limited (Registered number: 13378305) |

Notes to the Financial Statements - continued

for the Period 1 June 2024 to 31 March 2025

5. | TANGIBLE FIXED ASSETS

| Fixtures |

| Land and |  | and |  | Motor |  | Computer |

| Buildings |  | fittings |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 June 2024 |

| and 31 March 2025 | 7,542 |  | 3,498 |  | 34,085 |  | 3,799 |  | 48,924 |  |

| DEPRECIATION

| At 1 June 2024 | 2,072 |  | 1,183 |  | 11,708 |  | 1,529 |  | 16,492 |  |

| Charge for period | 629 |  | 289 |  | 3,727 |  | 633 |  | 5,278 |  |

| At 31 March 2025 | 2,701 |  | 1,472 |  | 15,435 |  | 2,162 |  | 21,770 |  |

| NET BOOK VALUE

| At 31 March 2025 | 4,841 |  | 2,026 |  | 18,650 |  | 1,637 |  | 27,154 |  |

| At 31 May 2024 | 5,470 |  | 2,315 |  | 22,377 |  | 2,270 |  | 32,432 |  |

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

| Plant and

| machinery

| etc

£ |

| COST

| At 1 June 2024

| and 31 March 2025 | 34,085 |  |

| DEPRECIATION

| At 1 June 2024 | 11,708 |  |

| Charge for period | 3,727 |  |

| At 31 March 2025 | 15,435 |  |

| NET BOOK VALUE

| At 31 March 2025 | 18,650 |  |

| At 31 May 2024 | 22,377 |  |

6. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertakings

£ |

| COST

| At 1 June 2024

| and 31 March 2025 | 75 |  |

| NET BOOK VALUE

| At 31 March 2025 | 75 |  |

| At 31 May 2024 | 75 |  |

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

2025 | 2024 |

£ | £ |

| Trade debtors | 9,577 |  | - |  |

| Other debtors | 512 |  | 198 |  |

10,089 |  | 198 |  |

| Marine Zero Holdings Limited (Registered number: 13378305) |

Notes to the Financial Statements - continued

for the Period 1 June 2024 to 31 March 2025

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

2025 | 2024 |

£ | £ |

| Hire purchase contracts | 2,789 |  | 2,618 |  |

| Trade creditors | 163 |  | 64 |  |

| Taxation and social security | 1,473 |  | - |  |

| Other creditors | 13,999 |  | 6,421 |  |

18,424 |  | 9,103 |  |

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

2025 | 2024 |

£ | £ |

| Hire purchase contracts | 15,994 |  | 18,333 |  |

10. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Hire purchase contracts | 18,783 |  | - |  |

11. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 50 | A Ordinary | £1 | 50 |  | 50 |  |

| 50 | B Ordinary | £1 | 50 |  | 50 |  |

100 |  | 100 |  |