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REGISTERED NUMBER: 10574942 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31 March 2025 |

| for |

| Faraday's Candle Limited |

Faraday's Candle Limited (Registered number: 10574942)

Contents of the Financial Statements

for the Year Ended 31 March 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Faraday's Candle Limited

Company Information

for the Year Ended 31 March 2025

| DIRECTOR: | J S Belton

| REGISTERED OFFICE: | Rhosilli, Best Beech Hill,

| Wadhurst

| East Sussex

| TN5 6JH

| REGISTERED NUMBER: | 10574942 (England and Wales)

| ACCOUNTANTS: | APT

| 44 The Pantiles

| Tunbridge Wells

| Kent

| TN2 5TN

Faraday's Candle Limited (Registered number: 10574942)

Balance Sheet

31 March 2025

| 31.3.25 |  | 31.3.24

| Notes | £ | £ |

CURRENT ASSETS

Debtors | 4 | 5,264 |  | 27,195 |  |

Cash at bank | 15,829 |  | 2,144 |  |

21,093 |  | 29,339 |  |

CREDITORS

Amounts falling due within one year | 5 | 22,284 |  | 12,447 |  |

NET CURRENT (LIABILITIES)/ASSETS | (1,191 | ) | 16,892 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | (1,191 | ) | 16,892 |  |

CREDITORS

Amounts falling due after more than one year | 6 | - |  | 15,786 |  |

NET (LIABILITIES)/ASSETS | (1,191 | ) | 1,106 |  |

CAPITAL AND RESERVES

Called up share capital | 2 |  | 2 |  |

Retained earnings | (1,193 | ) | 1,104 |  |

SHAREHOLDERS' FUNDS | (1,191 | ) | 1,106 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year 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.

Faraday's Candle Limited (Registered number: 10574942)

Balance Sheet - continued

31 March 2025

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 27 November 2025 and were signed by:

J S Belton - Director

Faraday's Candle Limited (Registered number: 10574942)

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| Faraday's Candle 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.

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 functional and presentational currency of the company is pounds sterling. Monetary amounts in these financial statements are rounded to the nearest £1, except where otherwise indicated.

| Going concern

| The company is no longer actively trading and the balance sheet is overdrawn. Subsequently the company no longer adopts the going concern basis in preparing its financial statements, however, the members are committed to ensuring that the company meets all its liabilities.

| Significant judgements and estimates

| Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

| Financial instruments

| Basic financial assets, including trade and other receivables and cash and bank balances are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost, using the effective interest rate method.

| Basic financial liabilities including trade and other payables are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

| 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.

Faraday's Candle Limited (Registered number: 10574942)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

2. | ACCOUNTING POLICIES - continued

| Provision for liabilities

| Provisions are recognised when the company has a present obligation (legal or constructive) as a result of a past event, it is probable that the company will be required to settle the obligation, and a reliable estimate can be made of the amount of the obligation.

| The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation.

| Where the effect of the time value of money is material, the amount expected to be required to settle the obligation is recognised at present value using a pre-tax discount rate. The unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

| Dividends

| Dividends are recognised as liabilities once they are no longer at the discretion of the company.

3. | EMPLOYEES AND DIRECTORS

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

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

| 31.3.25 |  | 31.3.24

£ | £ |

| Other debtors | 5,264 |  | 27,195 |  |

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

| 31.3.25 |  | 31.3.24

£ | £ |

| Bank loans and overdrafts | 15,632 |  | 10,827 |  |

| Other creditors | 6,652 |  | 1,620 |  |

22,284 |  | 12,447 |  |

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

| 31.3.25 |  | 31.3.24

£ | £ |

| Bank loans | - |  | 15,786 |  |

Faraday's Candle Limited (Registered number: 10574942)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

7. | RELATED PARTY DISCLOSURES

| As at the balance sheet date £5,182 was owed to (2024: £16,198 owed from) members and included within creditors (2024: debtors) falling due within one year. The loans are repayable on demand with loans due from members subject to interest.