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REGISTERED NUMBER: 08700317 (England and Wales)

| WORNFREE LIMITED |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE PERIOD 1 OCTOBER 2023 TO 28 SEPTEMBER 2024 |

| WORNFREE LIMITED (REGISTERED NUMBER: 08700317) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE PERIOD 1 OCTOBER 2023 TO 28 SEPTEMBER 2024

| Page |

| Company Information | 1 |

| Balance Sheet | 2 |  | to |  | 3

| Notes to the Financial Statements | 4 |  | to |  | 6

| WORNFREE LIMITED |

COMPANY INFORMATION

FOR THE PERIOD 1 OCTOBER 2023 TO 28 SEPTEMBER 2024

| DIRECTOR: | P A Coe

| REGISTERED OFFICE: | 255 Green Lanes

| Palmers Green

| London

| N13 4XE

| REGISTERED NUMBER: | 08700317 (England and Wales)

| ACCOUNTANTS: | John Crook & Partners

| Chartered Accountants

| 255 Green Lanes

| Palmers Green

| London

| N13 4XE

| WORNFREE LIMITED (REGISTERED NUMBER: 08700317) |

BALANCE SHEET

28 SEPTEMBER 2024

| 2024 | 2023 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 4,674 |  | 13,056 |  |

CURRENT ASSETS

Stocks | 4,800 |  | 6,500 |  |

Debtors | 5 | 4,634 |  | 906 |  |

Cash at bank and in hand | 1,243 |  | 1,395 |  |

10,677 |  | 8,801 |  |

CREDITORS

Amounts falling due within one year | 6 | 55,423 |  | 50,062 |  |

NET CURRENT LIABILITIES | (44,746 | ) | (41,261 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (40,072 | ) | (28,205 | ) |

CREDITORS

Amounts falling due after more than one year | 7 | 143,994 |  | 32,050 |  |

NET LIABILITIES | (184,066 | ) | (60,255 | ) |

CAPITAL AND RESERVES

Called up share capital | 9 | 100 |  | 100 |  |

Retained earnings | (184,166 | ) | (60,355 | ) |

SHAREHOLDERS' FUNDS | (184,066 | ) | (60,255 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 September 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 September 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.

| WORNFREE LIMITED (REGISTERED NUMBER: 08700317) |

BALANCE SHEET - continued

28 SEPTEMBER 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 March 2026 and were signed by:

P A Coe - Director

| WORNFREE LIMITED (REGISTERED NUMBER: 08700317) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD 1 OCTOBER 2023 TO 28 SEPTEMBER 2024

1. | STATUTORY INFORMATION

| Wornfree 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.

| The accounts have been prepared on a going concern basis. The company's ability to trade is dependent upon the continuing support of the bank and creditors, which , at present, is forthcoming. Therefore the going concern basis is considered appropriate..

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| 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

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Taxation

| Taxation for the period 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 period 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 period was 3 (2023 - 3 ) .

| WORNFREE LIMITED (REGISTERED NUMBER: 08700317) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 1 OCTOBER 2023 TO 28 SEPTEMBER 2024

4. | TANGIBLE FIXED ASSETS

| Fixtures

| and

| fittings

£ |

| COST

| At 1 October 2023 | 59,108 |  |

| Additions | 484 |  |

| At 28 September 2024 | 59,592 |  |

| DEPRECIATION

| At 1 October 2023 | 46,052 |  |

| Charge for period | 8,866 |  |

| At 28 September 2024 | 54,918 |  |

| NET BOOK VALUE

| At 28 September 2024 | 4,674 |  |

| At 30 September 2023 | 13,056 |  |

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

2024 | 2023 |

£ | £ |

| Other debtors | 4,039 |  | - |  |

| Value added tax | 595 |  | 906 |  |

4,634 |  | 906 |  |

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

2024 | 2023 |

£ | £ |

| Corporation tax | - |  | 5,754 |  |

| Social security and other taxes | 4,301 |  | 2,033 |  |

| Other creditors | 31,072 |  | 22,224 |  |

| Bank loan | 5,656 |  | 5,656 |  |

| Directors' current accounts | 14,394 |  | 14,395 |  |

55,423 |  | 50,062 |  |

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

2024 | 2023 |

£ | £ |

| Bank loans - 1-2 years | 5,656 |  | 5,656 |  |

| Bank loans - 2-5 years | 16,967 |  | 16,967 |  |

| Bank loans more 5 yr by instal | 3,771 |  | 9,427 |  |

| Loan | 117,600 |  | - |  |

143,994 |  | 32,050 |  |

| WORNFREE LIMITED (REGISTERED NUMBER: 08700317) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 1 OCTOBER 2023 TO 28 SEPTEMBER 2024

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

2024 | 2023 |

£ | £ |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 3,771 |  | 9,427 |  |

| Loan | 117,600 |  | - |  |

121,371 |  | 9,427 |  |

8. | SECURED DEBTS

| The following secured debts are included within creditors:

2024 | 2023 |

£ | £ |

| Loan from holding company | 117,600 |  | - |  |

| Secured by a fixed and floating charge over the assets of the company.

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

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

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |

10. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the period ended 28 September 2024 and the year ended 30 September 2023:

2024 | 2023 |

£ | £ |

| P A Coe

| Balance outstanding at start of period | - |  | 23,902 |  |

| Amounts repaid | - |  | (23,902 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of period | - |  | - |  |

11. | RELATED PARTY DISCLOSURES

| The company operates from the premises of the Director, P.A.Coe, and contributed £11,000 (2023 £5,200) towards the costs.

12. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party is Sequence Nine Limited, a company incorporated in the Cayman Islands.