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REGISTERED NUMBER: 00544525 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 30 April 2025 |

| for |

| Credit Sureties Company Limited |

Credit Sureties Company Limited (Registered number: 00544525)

Contents of the Financial Statements

for the Year Ended 30 April 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Credit Sureties Company Limited

Company Information

for the Year Ended 30 April 2025

| DIRECTORS: | A W Rice

| M C Jones

| D W Rice

| C A King

| R Rice

| J A D Jones

| SECRETARY: | C A King

| REGISTERED OFFICE: | 63 Broad Green

| Wellingborough

| Northamptonshire

| NN8 4LQ

| REGISTERED NUMBER: | 00544525 (England and Wales)

| ACCOUNTANTS: | Clifford Roberts

| Chartered Accountants

| 63 Broad Green

| Wellingborough

| Northamptonshire

| NN8 4LQ

| SOLICITORS: | Woodfines

| 16 St Cuthberts Street

| Bedford

| Beds

| MK40 3JG

Credit Sureties Company Limited (Registered number: 00544525)

Balance Sheet

30 April 2025

2025 | 2024 |

| Notes | £ | £ | £ | £

FIXED ASSETS

Tangible assets | 4 | 1 |  | 1 |  |

Investments | 5 | 734,833 |  | 843,955 |  |

Investment property | 6 | 1,536,600 |  | 1,536,600 |  |

2,271,434 |  | 2,380,556 |  |

CURRENT ASSETS

Debtors | 7 | 7,058 |  | 3,674 |  |

Cash at bank | 104,918 |  | 101,993 |  |

111,976 |  | 105,667 |  |

CREDITORS

Amounts falling due within one year | 8 | 42,584 |  | 20,466 |  |

NET CURRENT ASSETS | 69,392 |  | 85,201 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,340,826 |  | 2,465,757 |  |

PROVISIONS FOR LIABILITIES | 9 | 227,101 |  | 247,143 |  |

NET ASSETS | 2,113,725 |  | 2,218,614 |  |

CAPITAL AND RESERVES

Called up share capital | 10 | 227,000 |  | 227,000 |  |

Share premium | 11 | 524,000 |  | 524,000 |  |

Retained earnings | 11 | 1,362,725 |  | 1,467,614 |  |

SHAREHOLDERS' FUNDS | 2,113,725 |  | 2,218,614 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

Credit Sureties Company Limited (Registered number: 00544525)

Balance Sheet - continued

30 April 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 January 2026 and were signed on its behalf by:

C A King - Director

Credit Sureties Company Limited (Registered number: 00544525)

Notes to the Financial Statements

for the Year Ended 30 April 2025

1. | STATUTORY INFORMATION

| Credit Sureties Company Limited is a private company , 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 as modified by the revaluation of certain assets.

| Revenue

| Revenue represents amounts chargeable to customers during the year, excluding Value Added Tax. Goods and services provided to customers, which at the balance sheet date have not been invoiced, have been recognised as revenue. Revenue recognised in this manner is based on an assessment of the fair value of the goods/services provided at the balance sheet date as a proportion of the total value of the goods/services contracted for. Revenue is only recognised where the company has a contractual right to receive consideration for the goods/services provided.

| Tangible fixed assets

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

| Fixtures and fittings | - | 15% on cost

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 4 (2024 - 4 ) .

Credit Sureties Company Limited (Registered number: 00544525)

Notes to the Financial Statements - continued

for the Year Ended 30 April 2025

4. | TANGIBLE FIXED ASSETS

Fixtures |

and |

fittings |

| £

| COST

| At 1 May 2024

| and 30 April 2025 | 14,066 |  |

| DEPRECIATION

| At 1 May 2024

| and 30 April 2025 | 14,065 |  |

| NET BOOK VALUE

| At 30 April 2025 | 1 |  |

| At 30 April 2024 | 1 |  |

5. | FIXED ASSET INVESTMENTS

Other |

investments |

| £

| COST OR VALUATION

| At 1 May 2024 | 843,955 |  |

| Disposals | (113,574 | ) |

| Revaluations | 4,452 |  |

| At 30 April 2025 | 734,833 |  |

| NET BOOK VALUE

| At 30 April 2025 | 734,833 |  |

| At 30 April 2024 | 843,955 |  |

6. | INVESTMENT PROPERTY

Total |

| £

| FAIR VALUE

| At 1 May 2024

| and 30 April 2025 | 1,536,600 |  |

| NET BOOK VALUE

| At 30 April 2025 | 1,536,600 |  |

| At 30 April 2024 | 1,536,600 |  |

| Investment properties has been measured at fair value which is the open market value of the properties and were valued by Brown & Lee Chartered Surveyors on 1st April 2016. The fair value adjustment has been taken through the profit and loss account.

| The directors have reviewed these valuations at each year end and are of the opinion that there has been no material change.

Credit Sureties Company Limited (Registered number: 00544525)

Notes to the Financial Statements - continued

for the Year Ended 30 April 2025

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

2025 | 2024 |

| £ | £

| Trade debtors | 7,058 |  | 3,674 |  |

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

2025 | 2024 |

| £ | £

| Trade creditors | - |  | 420 |  |

| Taxation and social security | 22,905 |  | 3,529 |  |

| Other creditors | 19,679 |  | 16,517 |  |

42,584 |  | 20,466 |  |

9. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

| £ | £

| Deferred tax | 227,101 |  | 247,143 |  |

Deferred tax |

| £

| Balance at 1 May 2024 | 247,143 |  |

| Fair value movements | (20,042 | ) |

| Balance at 30 April 2025 | 227,101 |  |

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

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

value: |  | £ | £

| 227,000 | Ordinary | £1 | 227,000 |  | 227,000 |  |

11. | RESERVES

| Included within retained earnings at the year end are fair value reserves relating to the company's investments of £1,137,080 (2024 - £1,223,027) which are non distributable until realised on disposal.