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REGISTERED NUMBER: 06499978 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 28 FEBRUARY 2025 |

| FOR |

| MASHUMBA LIMITED |

MASHUMBA LIMITED (REGISTERED NUMBER: 06499978)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

MASHUMBA LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 28 FEBRUARY 2025

| DIRECTORS: | Mr S Craddock

| Mrs C Craddock

| SECRETARY: | Mr S Craddock

| REGISTERED OFFICE: | 1 Stretton Road

| Greetham

| Oakham

| Rutland

| LE15 7NP

| REGISTERED NUMBER: | 06499978 (England and Wales)

MASHUMBA LIMITED (REGISTERED NUMBER: 06499978)

BALANCE SHEET

28 FEBRUARY 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 6,222 |  | 12,763 |  |

6,222 |  | 12,763 |  |

CURRENT ASSETS

Stocks | 16,959 |  | 17,589 |  |

Debtors | 6 | 1,345 |  | 12,907 |  |

Cash at bank | 10,262 |  | 6,572 |  |

28,566 |  | 37,068 |  |

CREDITORS

Amounts falling due within one year | 7 | 66,068 |  | 70,485 |  |

NET CURRENT LIABILITIES | (37,502 | ) | (33,417 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (31,280 | ) | (20,654 | ) |

CREDITORS

Amounts falling due after more than one year | 8 | (2,157 | ) | (7,220 | ) |

PROVISIONS FOR LIABILITIES | 9 | (1,119 | ) | (2,425 | ) |

NET LIABILITIES | (34,556 | ) | (30,299 | ) |

MASHUMBA LIMITED (REGISTERED NUMBER: 06499978)

BALANCE SHEET - continued

28 FEBRUARY 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

CAPITAL AND RESERVES

Called up share capital | 2 |  | 2 |  |

Retained earnings | (34,558 | ) | (30,301 | ) |

(34,556 | ) | (30,299 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 November 2025 and were signed on its behalf by:

Mr S Craddock - Director

MASHUMBA LIMITED (REGISTERED NUMBER: 06499978)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

1. | STATUTORY INFORMATION

| Mashumba 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 (£).

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 financial statements have been prepared on a going concern basis. As at 28 February 2025 the liabilities exceed the assets by £34,536 (2024: £30,299). Continuation to trade depends upon the support of the company's director. Should the company be unable to continue to trade, adjustments would have to be made to reduce the assets to their recoverable amount, to provide for any further liabilities which may arise, and to reclassify fixed assets as current.

| Turnover

| Turnover represents net invoiced sales of goods and services, excluding value added tax. The company supplies products to customers under standard terms and conditions. In all cases turnover is recognised when the risks and rewards of ownership are transferred and this is defined to be on exchange of the goods.

| Goodwill

| Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business.

| Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.

| 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.

| Tangible fixed assets

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

| Short leasehold | - | 20% on cost

| Fixtures and fittings | - | 25% on cost

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

MASHUMBA LIMITED (REGISTERED NUMBER: 06499978)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 28 FEBRUARY 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| 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.

| Debtors

| Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

| Creditors

| Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 12 (2024 - 14 ) .

MASHUMBA LIMITED (REGISTERED NUMBER: 06499978)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 28 FEBRUARY 2025

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 March 2024

| and 28 February 2025 | 37,000 |  |

| AMORTISATION

| At 1 March 2024

| and 28 February 2025 | 37,000 |  |

| NET BOOK VALUE

| At 28 February 2025 | - |  |

| At 29 February 2024 | - |  |

5. | TANGIBLE FIXED ASSETS

| Fixtures |

| Short |  | and |

| leasehold |  | fittings |  | Totals

£ | £ | £ |

| COST

| At 1 March 2024 | 24,696 |  | 168,334 |  | 193,030 |  |

| Additions | - |  | 3,059 |  | 3,059 |  |

| At 28 February 2025 | 24,696 |  | 171,393 |  | 196,089 |  |

| DEPRECIATION

| At 1 March 2024 | 24,696 |  | 155,571 |  | 180,267 |  |

| Charge for year | - |  | 9,600 |  | 9,600 |  |

| At 28 February 2025 | 24,696 |  | 165,171 |  | 189,867 |  |

| NET BOOK VALUE

| At 28 February 2025 | - |  | 6,222 |  | 6,222 |  |

| At 29 February 2024 | - |  | 12,763 |  | 12,763 |  |

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

2025 | 2024 |

£ | £ |

| Other debtors | 850 |  | 1,450 |  |

| Directors' current accounts | - |  | 10,979 |  |

| Prepayments and accrued income | 495 |  | 478 |  |

1,345 |  | 12,907 |  |

MASHUMBA LIMITED (REGISTERED NUMBER: 06499978)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 28 FEBRUARY 2025

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

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 5,115 |  | 7,100 |  |

| Trade creditors | 24,920 |  | 33,620 |  |

| Taxation and social security | 21,364 |  | 22,823 |  |

| Other creditors | 14,669 |  | 6,942 |  |

66,068 |  | 70,485 |  |

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

2025 | 2024 |

£ | £ |

| Bank loans | 2,157 |  | 7,220 |  |

9. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

£ | £ |

| Deferred taxation | 1,119 |  | 2,425 |  |

| Deferred |

| tax |

£ |

| Balance at 1 March 2024 | 2,425 |  |

| Movement | (1,306 | ) |

| Balance at 28 February 2025 | 1,119 |  |

10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 28 February 2025 and 29 February 2024:

2025 | 2024 |

£ | £ |

| Mr S Craddock

| Balance outstanding at start of year | 10,979 |  | 1,658 |  |

| Amounts advanced | 17,234 |  | 24,506 |  |

| Amounts repaid | (31,992 | ) | (15,185 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | (3,779 | ) | 10,979 |  |

| The loan is repayable on demand.