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REGISTERED NUMBER: 05825805 (England and Wales)

| REPORT OF THE DIRECTORS AND |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 DECEMBER 2025 |

| FOR |

| IKKS UK LIMITED |

| IKKS UK LIMITED (REGISTERED NUMBER: 05825805) |

CONTENTS OF THE FINANCIAL STATEMENTS

for the Year Ended 31 December 2025

Page |

| Company Information | 1 |

| Report of the Directors | 2 |

| Income Statement | 3 |

| Balance Sheet | 4 |

| Notes to the Financial Statements | 5 |

| IKKS UK LIMITED |

COMPANY INFORMATION

for the Year Ended 31 December 2025

| DIRECTORS: | J Jovelet

| L M Manzon

| SECRETARY: | M A Farndon

| REGISTERED OFFICE: | Warren Place

| Birch Vale

| Cobham

| Surrey

| KT11 2PX

| REGISTERED NUMBER: | 05825805 (England and Wales)

| ACCOUNTANTS: | Farndon Accountancy

| Warren Place

| Birch Vale

| Cobham

| Surrey

| KT11 2PX

| IKKS UK LIMITED (REGISTERED NUMBER: 05825805) |

REPORT OF THE DIRECTORS

for the Year Ended 31 December 2025

The directors present their report with the financial statements of the company for the year ended 31 December 2025.

CESSATION OF TRADING

The ultimate parent company IKKS Invest and its group was placed under judicial reorganisation proceedings by decision of the French commercial court dated 2nd October 2025 and IKKS UK Limited has now ceased to trade.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 January 2025 to the date of this report.

J Jovelet

L M Manzon

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

M A Farndon - Secretary

23 January 2026

| IKKS UK LIMITED (REGISTERED NUMBER: 05825805) |

INCOME STATEMENT

for the Year Ended 31 December 2025

| 2025 |  | 2024

| Notes | £ | £ |

TURNOVER | 19,903 |  | 1,664,887 |  |

Cost of sales | 5,529 |  | 354,050 |  |

GROSS PROFIT | 14,374 |  | 1,310,837 |  |

Administrative expenses | 150,696 |  | 1,427,285 |  |

OPERATING LOSS | 4 | (136,322 | ) | (116,448 | ) |

Interest payable and similar expenses | - |  | 28,438 |  |

LOSS BEFORE TAXATION | (136,322 | ) | (144,886 | ) |

Tax on loss | (23,557 | ) | (13,640 | ) |

LOSS FOR THE FINANCIAL YEAR | (112,765 | ) | (131,246 | ) |

| IKKS UK LIMITED (REGISTERED NUMBER: 05825805) |

BALANCE SHEET

31 December 2025

| 2025 |  | 2024

| Notes | £ | £ |

CURRENT ASSETS

Stocks | - |  | 126,023 |  |

Debtors | 6 | 544,839 |  | 542,644 |  |

Cash at bank | 8,563 |  | 101,548 |  |

553,402 |  | 770,215 |  |

CREDITORS

Amounts falling due within one year | 7 | - |  | 104,048 |  |

NET CURRENT ASSETS | 553,402 |  | 666,167 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 553,402 |  | 666,167 |  |

CAPITAL AND RESERVES

Called up share capital | 400,000 |  | 400,000 |  |

Retained earnings | 153,402 |  | 266,167 |  |

553,402 |  | 666,167 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 23 January 2026 and were signed on its behalf by:

L M Manzon - Director

| IKKS UK LIMITED (REGISTERED NUMBER: 05825805) |

NOTES TO THE FINANCIAL STATEMENTS

for the Year Ended 31 December 2025

1. | STATUTORY INFORMATION

| IKKS UK 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.

| These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

| The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

| The financial statements have been prepared under the historical cost convention, modified to include the revaluation of certain financial instruments at fair value. The principal accounting policies adopted are set out below.

| Going concern

| The ultimate parent company IKKS Invest and its group was placed under judicial reorganisation proceedings by decision of the French commercial court dated 2nd October 2025 and IKKS UK Limited has now ceased to trade. The accounts have therefore been prepared on an orderly termination of business basis.

| Turnover

| Turnover is recognised at the fair value of the consideration received or receivable for goods provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

| Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

| IKKS UK LIMITED (REGISTERED NUMBER: 05825805) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 December 2025

2. | ACCOUNTING POLICIES - continued

| Financial instruments

| The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

| Basic financial assets

| Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method 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. Financial assets classified as receivable within one year are not amortised.

| Classification of financial liabilities

| Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

| Basic financial liabilities

| Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, 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 payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

| 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 recognised initially at transaction price and subsequently measured at amortised cost using the effective interest 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.

| 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 5 (2024 - 9 ) .

| IKKS UK LIMITED (REGISTERED NUMBER: 05825805) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 December 2025

4. | OPERATING LOSS

| The operating loss is stated after charging:

| 2025 |  | 2024

£ | £ |

| Depreciation - owned assets | - |  | 80,529 |  |

| Impairment review - owned assets | - |  | 624,153 |  |

5. | TANGIBLE FIXED ASSETS

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST

| At 1 January 2025 | 592,239 |  | 239,224 |  | 831,463 |  |

| Disposals | (592,239 | ) | (239,224 | ) | (831,463 | ) |

| At 31 December 2025 | - |  | - |  | - |  |

| DEPRECIATION

| At 1 January 2025 | 592,239 |  | 239,224 |  | 831,463 |  |

| Eliminated on disposal | (592,239 | ) | (239,224 | ) | (831,463 | ) |

| At 31 December 2025 | - |  | - |  | - |  |

| NET BOOK VALUE

| At 31 December 2025 | - |  | - |  | - |  |

6. | DEBTORS

2025 | 2024 |

£ | £ |

| Amounts falling due within one year:

| Trade debtors | - |  | 52,389 |  |

| Other debtors | 839 |  | 109,388 |  |

839 |  | 161,777 |  |

| Amounts falling due after more than one year:

| Amounts owed by group undertakings | 544,000 |  | 380,867 |  |

| Aggregate amounts | 544,839 |  | 542,644 |  |

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

2025 | 2024 |

£ | £ |

| Trade creditors | - |  | 5,805 |  |

| Taxation and social security | - |  | 32,660 |  |

| Other creditors | - |  | 65,583 |  |

- |  | 104,048 |  |