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REGISTERED NUMBER: 03874929 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

FSTC LIMITED

| FSTC LIMITED (REGISTERED NUMBER: 03874929) |

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 |

| Chartered Accountants' Report | 8 |

| FSTC LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

| DIRECTORS: | Professor S T S Al-Hassani

| Mr S Z Poyraz

| Mr M Hafiz

| Dr A M Brennan

| Dr S K A Ghazal

| Mr M Hafiz

| Mr Y Al-Hassani

| Mr A Edwards ACA FCCA

| REGISTERED OFFICE: | FSTC House

| 9 Conyngham Road

| Manchester

| M14 5DX

| REGISTERED NUMBER: | 03874929 (England and Wales)

| ACCOUNTANTS: | Dunhams

| Chartered Accountants

| 11 Warwick Road

| Old Trafford

| Stretford

| Manchester

| M16 0QQ

| FSTC LIMITED (REGISTERED NUMBER: 03874929) |

BALANCE SHEET

31 MARCH 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 1,181 |  | 486 |  |

Investments | 5 | 300 |  | 300 |  |

1,481 |  | 786 |  |

CURRENT ASSETS

Stocks | 23,000 |  | 23,500 |  |

Debtors | 6 | 11,531 |  | 14,508 |  |

Cash at bank and in hand | 166,051 |  | 182,438 |  |

200,582 |  | 220,446 |  |

CREDITORS

Amounts falling due within one year | 7 | (252,542 | ) | (270,038 | ) |

NET CURRENT LIABILITIES | (51,960 | ) | (49,592 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (50,479 | ) | (48,806 | ) |

RESERVES

Income and expenditure account | (50,479 | ) | (48,806 | ) |

(50,479 | ) | (48,806 | ) |

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 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 surplus or deficit 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.

| FSTC LIMITED (REGISTERED NUMBER: 03874929) |

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 Board of Directors and authorised for issue on 30 January 2026 and were signed on its behalf by:

Professor S T S Al-Hassani - Director

Mr M Hafiz - Director

| FSTC LIMITED (REGISTERED NUMBER: 03874929) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | STATUTORY INFORMATION

| FSTC Limited is a private company, limited by guarantee , 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.

| Significant judgements and estimates

| Deferred Income

| The work carried out by the company includes the provision of projects for which funds are donated in advance of the projects commencing. The amounts received are deferred until the projects commence and accounted for over the life of the project. This results in some cases where projects are in progress at the end of the accounting period, management take on board information from those running the projects to identify a suitable basis on which to release deferred income relating to those projects.

| Turnover

| Donations

| Income from donations is received to support and fund various projects carried out by the company and is recognised over the period in which the projects are carried out. Donations received for projects which are yet to commence are accounted for as deferred income and released accordingly over the period of the project.

| Books and posters

| Income on books and posters is received on the sale of those items net of VAT and recognised when the items have been passed to the purchaser along with all rights and obligations relating to those items.

| Intellectual property

| Income from intellectual property rights arising from 1001 Limited

| Rental income

| Rental income is accounted for when receivable under the terms of the lease in place during the year.

| Management fees

| Management fees are accounted for when receivable and are for the supply of management personnel and resources to other group companies.

| 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 | - | 25% on cost

| Computer equipment | - | 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.

| FSTC LIMITED (REGISTERED NUMBER: 03874929) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 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.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.

3. | EMPLOYEES AND DIRECTORS

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

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| and |  | Computer |

| fittings |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 April 2024 | 19,498 |  | 30,578 |  | 50,076 |  |

| Additions | - |  | 1,513 |  | 1,513 |  |

| At 31 March 2025 | 19,498 |  | 32,091 |  | 51,589 |  |

| DEPRECIATION

| At 1 April 2024 | 19,427 |  | 30,163 |  | 49,590 |  |

| Charge for year | 24 |  | 794 |  | 818 |  |

| At 31 March 2025 | 19,451 |  | 30,957 |  | 50,408 |  |

| NET BOOK VALUE

| At 31 March 2025 | 47 |  | 1,134 |  | 1,181 |  |

| At 31 March 2024 | 71 |  | 415 |  | 486 |  |

| FSTC LIMITED (REGISTERED NUMBER: 03874929) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

5. | FIXED ASSET INVESTMENTS

| Other

| investments

£ |

| COST

| At 1 April 2024

| and 31 March 2025 | 300 |  |

| NET BOOK VALUE

| At 31 March 2025 | 300 |  |

| At 31 March 2024 | 300 |  |

| The company's investments at the Balance Sheet date in the share capital of companies include the following:

| 1001 Inventions (Trading) Limited

| Registered office: 11 Warwick rd, Old Trafford, Manchester M16 0QQ

| Nature of business: Dormant

| %

| Class of shares: | holding |

| Ordinary Shares | 100.00 |

| 1001 Inventions Limited

| Registered office: 3 More London Riverside, London, SE1 2AQ

| Nature of business: Adult and other education

| %

| Class of shares: | holding |

| Ordinary Shares | 100.00 |

| 31.7.24 |  | 31.7.23

£ | £ |

| Aggregate capital and reserves | (888,279 | ) | (869,087 | ) |

| Profit for the year | 19,192 |  | 570,650 |  |

| 1001 Cures Limited

| Registered office: Fstc House, 9 Conyngham Road, Manchester, Lancs, M14 5DX

| Nature of business: Dormant

| %

| Class of shares: | holding |

| Ordinary | 100.00 |

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

2025 | 2024 |

£ | £ |

| Amounts owed by group undertakings | 13,700 |  | 13,700 |  |

| Prepayments | (2,169 | ) | 808 |  |

11,531 |  | 14,508 |  |

| FSTC LIMITED (REGISTERED NUMBER: 03874929) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

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

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 1 |  | 1 |  |

| Trade creditors | 111,013 |  | 112,981 |  |

| Amounts owed to group undertakings | 8,880 |  | 8,880 |  |

| Tax | - |  | 527 |  |

| VAT | 20,250 |  | 20,646 |  |

| Other creditors | 200 |  | 200 |  |

| Accruals and deferred income | 112,198 |  | 126,803 |  |

252,542 |  | 270,038 |  |

8. | POST BALANCE SHEET EVENTS

| Subsequent to the year end, the Company’s wholly owned subsidiaries, 1001 Cures Limited and 1001 Inventions (Trading) Limited, were dissolved. As the subsidiary existed at the reporting date, no adjustment has been made to the investment or intercompany balances in these financial statements. The event has been treated as a non-adjusting post balance sheet event in accordance with FRS 102 Section 32.

9. | ULTIMATE CONTROLLING PARTY

| No single individual or entity has control over the company. Therefore, it is deemed that there is no ultimate controlling party.

10. | SHARE CAPITAL

| The company does not have an issued share capital, as it is limited by guarantee.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS

ON THE UNAUDITED FINANCIAL STATEMENTS OF

FSTC LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of FSTC Limited for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of FSTC Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of FSTC Limited and state those matters that we have agreed to state to the Board of Directors of FSTC Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than FSTC Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that FSTC Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of FSTC Limited. You consider that FSTC Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of FSTC Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Dunhams

Chartered Accountants

11 Warwick Road

Old Trafford

Stretford

Manchester

M16 0QQ

Date: .............................................