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REGISTERED NUMBER: 05748679 (England and Wales)

| Financial Statements |

| for the Year Ended 31 March 2025 |

| for |

| Daneels Uk Ltd |

Daneels Uk Ltd (Registered number: 05748679)

Contents of the Financial Statements

for the Year Ended 31 March 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

Daneels Uk Ltd

Company Information

for the Year Ended 31 March 2025

| DIRECTORS: | J Daneels

| K Daneels

| J Van Wynsberghe

| SECRETARY: | MY UK OFFICE LIMITED

| REGISTERED OFFICE: | Westwood House

| Annie Med Lane

| South Cave

| Brough

| East Yorkshire

| HU15 2HG

| REGISTERED NUMBER: | 05748679 (England and Wales)

| AUDITORS: | Try Lunn & Co

| Chartered Accountants

| and Statutory Auditors

| Roland House

| Princes Dock Street

| HULL HU1 2LD

Daneels Uk Ltd (Registered number: 05748679)

Balance Sheet

31 March 2025

| 2025 |  | 2024

| Notes | £ | £ |

CURRENT ASSETS

Debtors | 4 | 4,675 |  | 2,679 |  |

Cash at bank | 161 |  | 240 |  |

4,836 |  | 2,919 |  |

CREDITORS

Amounts falling due within one year | 5 | 9,124 |  | 7,106 |  |

NET CURRENT LIABILITIES | (4,288 | ) | (4,187 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (4,288 | ) | (4,187 | ) |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | (4,388 | ) | (4,287 | ) |

SHAREHOLDERS' FUNDS | (4,288 | ) | (4,187 | ) |

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 25 September 2025 and were signed on its behalf by:

K Daneels - Director

Daneels Uk Ltd (Registered number: 05748679)

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| Daneels Uk 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 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.

| The company is reliant on the operational and financial support of the Daneels Group in order to continue as a going concern.

| The company is in operation to meet the costs of the Daneels Directors carrying out marketing services in the UK on behalf of the Daneels Group. If the Daneels Group was unable to continue to trade as a going concern the purpose of the company would cease to be necessary and the company would not be required.

| After reporting losses in previous years, the consolidated results of the Daneels Group showed profit of EUR 31,300 in the year ended 31 March 2022 and profits of EUR 142,000 in the year ended 31 March 2023. Consolidated results were not prepared for the year ended 31 March 2024. The financial information available for the periods which fall before and after that year indicates that a group loss of EUR 148,000 was made in the 12 month period ended 31 March 2024. Draft consolidated results for the period ended 30 June 2025, prepared for internal reporting purposes, show a group profit of EUR 747,000 was made in the 15 month period ended 30 June 2025. The Directors of the Daneels Group expect the Group results to remain stable over the next year. The Director of Z-Card Limited is confident that he can rely on the support from the Daneels Group, however detailed financial forecasts of the Daneels group have not been prepared.

| The financial statements have been prepared on the going concern basis.

| Turnover

| Turnover comprises revenue recognised by the company in respect of services provided during the year, exclusive of Value Added Tax and trade discounts. Revenue relating to services are recognised when the company has performed its obligations, in accordance with contractual terms.

| 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.

| 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.

Daneels Uk Ltd (Registered number: 05748679)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

2. | ACCOUNTING POLICIES - continued

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 3 (2024 - 3 ) .

4. | DEBTORS LESS THAN ONE YEAR

2025 | 2024 |

£ | £ |

| Amounts owed by group undertakings | 2,247 |  | 773 |  |

| Directors' current accounts | 216 |  | 216 |  |

| VAT | 912 |  | 427 |  |

| Prepayments | 1,300 |  | 1,263 |  |

4,675 |  | 2,679 |  |

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

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 2 |  | - |  |

| Trade creditors | 2,012 |  | 151 |  |

| Amounts owed to group undertakings | 2,980 |  | 3,000 |  |

| Other creditors | 1,500 |  | 1,500 |  |

| Accrued expenses | 2,630 |  | 2,455 |  |

9,124 |  | 7,106 |  |

6. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

| The Report of the Auditors was unqualified.

| Andrew Ewart FCA FCCA (Senior Statutory Auditor)

| for and on behalf of Try Lunn & Co

7. | RELATED PARTY DISCLOSURES

| During the year Daneels UK Limited provided administrative services to Holding Daneels NV, the immediate parent company, totalling £95,300 (2024 £95,500). At the balance sheet date the amount owed from Holding Daneels NV was £2,247 (2024 £773).

| During the year the company repaid a loan of £20 (2024 £NIL) to Dankro Ltd, a fellow group company. At the balance sheet date £2,980 (2024 £3,000) was owed to Dankro Ltd.

| At the balance sheet date an amount of £72 was owed to the company by J Daneels (2024 £72).

| At the balance sheet date an amount of £72 was owed to the company by K Daneels (2024 £72).

| At the balance sheet date an amount of £72 was owed to the company by J Van Wynsberghe (2024 £72).

8. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party is Mr Jozef Daneels.