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REGISTERED NUMBER: 03865617 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

REDWISH LIMITED

| REDWISH LIMITED (REGISTERED NUMBER: 03865617) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

Page |

| Company information | 1 |

| Balance sheet | 2 |

| Notes to the financial statements | 3 |

| REDWISH LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 OCTOBER 2025

| Director: | Mr K Athanasiou

| Secretaries: | Ms D Neugebauer

| Vistra Cosec Limited

| Registered office: | Suite 1, 7th Floor

| 50 Broadway

| London

| SW1H 0BL

| Registered number: | 03865617 (England and Wales)

| Accountants: | Vistra Trust Company Limited

| First Floor, Templeback

| 10 Temple back

| Bristol

| BS1 6FL

| REDWISH LIMITED (REGISTERED NUMBER: 03865617) |

BALANCE SHEET

31 OCTOBER 2025

31/10/25 | 31/10/24 |

| Notes | £ | £

FIXED ASSETS

Tangible assets | 4 | 2,649,438 |  | 2,649,438 |  |

CREDITORS

Amounts falling due within one year | 5 | (2,300,451 | ) | (2,300,451 | ) |

NET CURRENT LIABILITIES | (2,300,451 | ) | (2,300,451 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 348,987 |  | 348,987 |  |

CAPITAL AND RESERVES

Called up share capital | 1,000 |  | 1,000 |  |

Retained earnings | 347,987 |  | 347,987 |  |

SHAREHOLDERS' FUNDS | 348,987 |  | 348,987 |  |

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

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

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 5 March 2026 and were signed by:

Mr K Athanasiou - Director

| REDWISH LIMITED (REGISTERED NUMBER: 03865617) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

1. | STATUTORY INFORMATION

| Redwish 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 company’s functional and presentational currency is pounds sterling (GBP) and the financial statements have been rounded to the nearest pound (£).

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.

| Financial instruments

| The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS102 to all of its financial instruments.

| Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

| Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

| Classification of financial liabilities

| Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into.

| Basic financial liabilities

| Basic financial liabilities, including creditors, and loans from fellow group companies are initially recognised at transaction price.

| Tangible fixed assets

| Yachts are maintained to a high standard making depreciation highly immaterial. Revaluation of yachts should be carried out every two years.

3. | EMPLOYEES AND DIRECTORS

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

4. | TANGIBLE FIXED ASSETS

Plant and |

machinery |

etc |

| £

| Cost or valuation

| At 1 November 2024

| and 31 October 2025 | 2,649,438 |  |

| Net book value

| At 31 October 2025 | 2,649,438 |  |

| At 31 October 2024 | 2,649,438 |  |

| The assets relate to two yachts - "Cobra Sting" and "Inspiration". Yacht "Goods News Day" was sold in June 2017.

| REDWISH LIMITED (REGISTERED NUMBER: 03865617) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2025

4. | TANGIBLE FIXED ASSETS - continued

| Cost or valuation at 31 October 2025 is represented by:

Plant and |

machinery |

etc |

| £

| Valuation in 2025 | 2,649,438 |  |

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

31/10/25 | 31/10/24 |

| £ | £

| Directors' loan accounts | 2,300,451 |  | 2,300,451 |  |

| The loan amount £2,300,451 (2024 - £2,300,451) from the Director is interest free, unsecured and repayable upon demand. The proceeds from the sale of the boat have been allocated against the loan.