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REGISTERED NUMBER: 08304059 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31 December 2024 |

| for |

| Premium Merch Branding Limited |

| Previously known as |

| The Personalisation Works Ltd |

| Premium Merch Branding Limited (Registered number: 08304059) |

Contents of the Financial Statements

for the Year Ended 31 December 2024

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 4 |

| Premium Merch Branding Limited |

Company Information

for the Year Ended 31 December 2024

| DIRECTOR: | R Dowek

| REGISTERED OFFICE: | Unit 25 The Business Centre

| Earl Soham

| Woodbridge

| Suffolk

| IP13 7SA

| REGISTERED NUMBER: | 08304059 (England and Wales)

| ACCOUNTANTS: | Knights Lowe Ltd

| Chartered Accountants

| Crane Court

| 302 London Road

| Ipswich

| Suffolk

| IP2 0AJ

| Premium Merch Branding Limited (Registered number: 08304059) |

Statement of Financial Position

31 December 2024

| 2024 | 2023 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 221,555 |  | 72,620 |  |

CURRENT ASSETS

Debtors | 5 | 95,208 |  | - |  |

Cash at bank | 3,395 |  | 279 |  |

98,603 |  | 279 |  |

CREDITORS

Amounts falling due within one year | 6 | 350,423 |  | 282,981 |  |

NET CURRENT LIABILITIES | (251,820 | ) | (282,702 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (30,265 | ) | (210,082 | ) |

CREDITORS

Amounts falling due after more than one year | 7 | 100,563 |  | - |  |

NET LIABILITIES | (130,828 | ) | (210,082 | ) |

CAPITAL AND RESERVES

Called up share capital | 9 | 1 |  | 1 |  |

Revaluation reserve | 10 | 60,000 |  | - |  |

Retained earnings | 10 | (190,829 | ) | (210,083 | ) |

SHAREHOLDERS' FUNDS | (130,828 | ) | (210,082 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

| Premium Merch Branding Limited (Registered number: 08304059) |

Statement of Financial Position - continued

31 December 2024

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 11 February 2026 and were signed by:

R Dowek - Director

| Premium Merch Branding Limited (Registered number: 08304059) |

Notes to the Financial Statements

for the Year Ended 31 December 2024

1. | STATUTORY INFORMATION

| Premium Merch Branding 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 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 as modified by the revaluation of certain assets.

| Included in other creditors due within one year is a director's loan account balance of £265,142 owed to Mr R Dowek. This amount has no fixed date for repayment and no interest is payable on the amount outstanding. Mr R Dowek has confirmed that repayment will not be sought until the company's cashflow permits.

| It is anticipated that the company will continue to trade and it therefore continues to adopt the going concern basis in preparing its financial statements.

| Turnover

| Turnover represents hiring charges for the use of the company's fixed assets and is measured at the fair value of the consideration received or receivable, excluding net of VAT. Turnover is charged at the value being paid by the company for the financing of these assets and is recognised at the time such payments are made.

| Tangible fixed assets

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

| Plant and machinery - 10% on cost

| Financial instruments

| The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans with related parties and bank facilities.

| Debt instruments that are payable or receivable within one year, such as trade payables or receivables, are measured at the undiscounted amount of the cash or other consideration expected to be paid or received. Debt instruments that are repayable or receivable after one year are initially measured at the present value of the future cash flows and subsequently at amortised cost using the effective interest method.

| Financial assets that are measured at cost and amortised cost are assessed at the end of each financial year for evidence of impairment. If objective evidence of impairment is found an impairment loss is recognised in the Income Statement.

| 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 statement of financial position date.

| Premium Merch Branding Limited (Registered number: 08304059) |

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 statement of financial position 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

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2023 - 1 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

£ |

| COST OR VALUATION

| At 1 January 2024 | 460,599 |  |

| Additions | 103,803 |  |

| Disposals | (16,650 | ) |

| Revaluations | 60,000 |  |

| At 31 December 2024 | 607,752 |  |

| DEPRECIATION

| At 1 January 2024 | 387,979 |  |

| Charge for year | 14,868 |  |

| Eliminated on disposal | (16,650 | ) |

| At 31 December 2024 | 386,197 |  |

| NET BOOK VALUE

| At 31 December 2024 | 221,555 |  |

| At 31 December 2023 | 72,620 |  |

| Premium Merch Branding Limited (Registered number: 08304059) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

4. | TANGIBLE FIXED ASSETS - continued

| Cost or valuation at 31 December 2024 is represented by:

| Plant and

| machinery

£ |

| Valuation in 2024 | 60,000 |  |

| Cost | 547,752 |  |

607,752 |  |

| If plant and machinery had not been revalued it would have been included at the following historical cost:

2024 | 2023 |

£ | £ |

| Cost | 547,752 |  | - |  |

| Aggregate depreciation | 386,197 |  | - |  |

| Plant and machinery was valued on an open market basis on 31 December 2024 by the director and Close Brothers.

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Plant and

| machinery

£ |

| COST OR VALUATION

| Additions | 103,803 |  |

| At 31 December 2024 | 103,803 |  |

| DEPRECIATION

| Charge for year | 2,595 |  |

| At 31 December 2024 | 2,595 |  |

| NET BOOK VALUE

| At 31 December 2024 | 101,208 |  |

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

2024 | 2023 |

£ | £ |

| Other debtors | 95,208 |  | - |  |

| Premium Merch Branding Limited (Registered number: 08304059) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

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

2024 | 2023 |

£ | £ |

| Bank loans and overdrafts | - |  | 8,710 |  |

| Hire purchase contracts | 32,901 |  | - |  |

| Trade creditors | - |  | 1,740 |  |

| Taxation and social security | - |  | 1,699 |  |

| Other creditors | 317,522 |  | 270,832 |  |

350,423 |  | 282,981 |  |

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

2024 | 2023 |

£ | £ |

| Other creditors | 100,563 |  | - |  |

8. | SECURED DEBTS

| The following secured debts are included within creditors:

2024 | 2023 |

£ | £ |

| Hire purchase contracts | 32,901 |  | - |  |

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2024 | 2023 |

| value: | £ | £ |

| 1 | Ordinary | £1 | 1 |  | 1 |  |

10. | RESERVES

| Retained |  | Revaluation |

| earnings |  | reserve |  | Totals

£ | £ | £ |

| At 1 January 2024 | (210,083 | ) | - |  | (210,083 | ) |

| Profit for the year | 19,254 |  | - |  | 19,254 |  |

| Bonus share issue | - |  | 60,000 |  | 60,000 |  |

| At 31 December 2024 | (190,829 | ) | 60,000 |  | (130,829 | ) |

11. | FINANCIAL COMMITMENTS

| There is a fixed and floating charge over all the assets of the company. This charge is held by eCapital Commercial Finance Limited who are providing finance to another company under the same ownership as Premium Merch Branding Limited.