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REGISTERED NUMBER: 09337967 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

VANDERBILT WORLDWIDE LIMITED

VANDERBILT WORLDWIDE LIMITED (REGISTERED NUMBER: 09337967) |

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 |

| VANDERBILT WORLDWIDE LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2024

| Directors: | James Andrew Findlow

| Douglas Webster

| Avelino Flores

| Kwok Chu Tang

| Secretary: | Vistra Company Secretaries Limited

| Registered office: | Unit 12 Alvaston Business Park

| Middlewich Road

| Nantwich

| Cheshire

| CW5 6PF

| Registered number: | 09337967 (England and Wales)

| Auditors: | Fuller & Roper Limited

| Chartered Accountants and Statutory Auditors

| 12 Old Mills Industrial Estate

| Paulton

| BS39 7SU

VANDERBILT WORLDWIDE LIMITED (REGISTERED NUMBER: 09337967) |

BALANCE SHEET

31 DECEMBER 2024

31/12/24 | 31/12/23 |

| Notes | £ | £

FIXED ASSETS

Tangible assets | 4 | 275 |  | 828 |  |

CURRENT ASSETS

Debtors | 5 | 488,284 |  | 406,780 |  |

Cash at bank | 111,945 |  | 91,683 |  |

600,229 |  | 498,463 |  |

CREDITORS

Amounts falling due within one year | 6 | (95,910 | ) | (65,621 | ) |

NET CURRENT ASSETS | 504,319 |  | 432,842 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 504,594 |  | 433,670 |  |

PROVISIONS FOR LIABILITIES | (69 | ) | (207 | ) |

NET ASSETS | 504,525 |  | 433,463 |  |

CAPITAL AND RESERVES

Called up share capital | 8 | 100 |  | 100 |  |

Retained earnings | 504,425 |  | 433,363 |  |

SHAREHOLDERS' FUNDS | 504,525 |  | 433,463 |  |

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 7 October 2025 and were signed on its behalf by:

Avelino Flores - Director

VANDERBILT WORLDWIDE LIMITED (REGISTERED NUMBER: 09337967) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1. | STATUTORY INFORMATION

| Vanderbilt Worldwide 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 Company’s functional and presentational currency is pounds sterling (GBP) and the financial statements have been rounded to the nearest pound (£).

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.

| Related party transactions

| 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 represents amounts charged to a group undertaking under an agreement for marketing and other services provided, excluding value added tax.

| Tangible fixed assets

| Tangible fixed assets are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

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

| Furniture and fixture - straight line over 10 years.

| Financial instruments

| The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS102 to all of its financial instruments.

| Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

| Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

| Classification of financial liabilities

| Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into.

| Basic financial liabilities

| Basic financial liabilities, including creditors, and loans from fellow group companies are initially recognised at transaction price.

| Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are initially recognised at transaction price.

| 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.

VANDERBILT WORLDWIDE LIMITED (REGISTERED NUMBER: 09337967) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

2. | ACCOUNTING POLICIES - continued

| 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.

| 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.

| 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.

| 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 4 (2023 - 4 ) .

4. | TANGIBLE FIXED ASSETS

Furniture |

and fixture |

| £

| Cost

| At 1 January 2024

| and 31 December 2024 | 5,527 |  |

| Depreciation

| At 1 January 2024 | 4,699 |  |

| Charge for year | 553 |  |

| At 31 December 2024 | 5,252 |  |

| Net book value

| At 31 December 2024 | 275 |  |

| At 31 December 2023 | 828 |  |

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

31/12/24 | 31/12/23 |

| £ | £

| Amounts owed by group undertakings | 463,501 |  | 390,937 |  |

| Other debtors | 24,783 |  | 15,843 |  |

488,284 |  | 406,780 |  |

VANDERBILT WORLDWIDE LIMITED (REGISTERED NUMBER: 09337967) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

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

31/12/24 | 31/12/23 |

| £ | £

| Trade creditors | 277 |  | - |  |

| Taxation and social security | 15,514 |  | 23,874 |  |

| Other creditors | 80,119 |  | 41,747 |  |

95,910 |  | 65,621 |  |

7. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

31/12/24 | 31/12/23 |

| £ | £

| Within one year | 22,846 |  | 22,753 |  |

| Between one and five years | 68,539 |  | 93,289 |  |

91,385 |  | 116,042 |  |

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31/12/24 | 31/12/23 |

value: |  | £ | £

| 100 | Ordinary | £1 | 100 |  | 100 |  |

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

| The Report of the auditors was unqualified.

| Simon Roper (Senior Statutory Auditor)

| for and on behalf of Fuller & Roper Limited

10. | ULTIMATE PARENT COMPANY

| The company is a wholly owned subsidiary of R.T. Vanderbilt Holding Co., Inc., a company incorporated in the United States of America.

| The results of the company are consolidated into its parent company's group accounts, copies of which can be obtained from the parent company' registered office address at 30 Winfield Street, Norwalk, CT 06855-1329, USA.