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REGISTERED NUMBER: 05405054 (England and Wales)

| Financial Statements |

| for the Year Ended 31 December 2025 |

| for |

| Devan-PPT Chemicals Limited |

| Devan-PPT Chemicals Limited (Registered number: 05405054) |

Contents of the Financial Statements

for the Year Ended 31 December 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| Devan-PPT Chemicals Limited |

Company Information

for the Year Ended 31 December 2025

| DIRECTORS: | J A N Sachs

| R Moyle

| REGISTERED OFFICE: | 47a Queen Street

| Derby

| Derbyshire

| DE1 3DE

| REGISTERED NUMBER: | 05405054 (England and Wales)

| SENIOR STATUTORY AUDITOR: | David Meadows BA BFP FCA

| AUDITORS: | Bourne & Co.

| Statutory Auditors

| 47a Queen Street

| Derby

| Derbyshire

| DE1 3DE

| Devan-PPT Chemicals Limited (Registered number: 05405054) |

Balance Sheet

31 December 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 248 |  | 3,640 |  |

248 |  | 3,640 |  |

CURRENT ASSETS

Debtors | 6 | 377,493 |  | 433,081 |  |

Cash at bank and in hand | 5,576 |  | 34,109 |  |

383,069 |  | 467,190 |  |

CREDITORS

Amounts falling due within one year | 7 | 11,690 |  | 49,352 |  |

NET CURRENT ASSETS | 371,379 |  | 417,838 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 371,627 |  | 421,478 |  |

PROVISIONS FOR LIABILITIES | - |  | 911 |  |

NET ASSETS | 371,627 |  | 420,567 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 150,000 |  | 150,000 |  |

Retained earnings | 221,627 |  | 270,567 |  |

SHAREHOLDERS' FUNDS | 371,627 |  | 420,567 |  |

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 24 February 2026 and were signed on its behalf by:

J A N Sachs - Director

| Devan-PPT Chemicals Limited (Registered number: 05405054) |

Notes to the Financial Statements

for the Year Ended 31 December 2025

1. | STATUTORY INFORMATION

| Devan-PPT Chemicals 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.

| Turnover

| Turnover represents amounts invoiced or receivable excluding value added tax arising from service and sales support agreements between other group companies. Turnover and the associated debtor is recognised at the point of delivering the service or support and invoices are raised by the group annually in accordance with the agreements.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of ten years.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Tangible fixed assets

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

| Short leasehold | - | in accordance with the property

| Fixtures and fittings | - | 25% on cost

| Computer equipment | - | 33% on cost

| 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.

| Research and development

| Expenditure on research and development is written off in the year in which it is incurred.

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

| Devan-PPT Chemicals Limited (Registered number: 05405054) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

2. | ACCOUNTING POLICIES - continued

| 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 2 (2024 - 5 ) .

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 January 2025

| and 31 December 2025 | 35,925 |  |

| AMORTISATION

| At 1 January 2025

| and 31 December 2025 | 35,925 |  |

| NET BOOK VALUE

| At 31 December 2025 | - |  |

| At 31 December 2024 | - |  |

5. | TANGIBLE FIXED ASSETS

| Fixtures |

| Short |  | and |  | Computer |

| leasehold |  | fittings |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 January 2025 | 49,417 |  | 17,990 |  | 1,193 |  | 68,600 |  |

| Disposals | (49,417 | ) | (17,990 | ) | - |  | (67,407 | ) |

| At 31 December 2025 | - |  | - |  | 1,193 |  | 1,193 |  |

| DEPRECIATION

| At 1 January 2025 | 46,290 |  | 17,990 |  | 680 |  | 64,960 |  |

| Charge for year | 1,839 |  | - |  | 265 |  | 2,104 |  |

| Eliminated on disposal | (48,129 | ) | (17,990 | ) | - |  | (66,119 | ) |

| At 31 December 2025 | - |  | - |  | 945 |  | 945 |  |

| NET BOOK VALUE

| At 31 December 2025 | - |  | - |  | 248 |  | 248 |  |

| At 31 December 2024 | 3,127 |  | - |  | 513 |  | 3,640 |  |

6. | DEBTORS

2025 | 2024 |

£ | £ |

| Amounts falling due within one year:

| Trade debtors | - |  | 360 |  |

| Amounts owed by group undertakings | 358,724 |  | 412,766 |  |

| Other debtors | 16,502 |  | 19,955 |  |

375,226 |  | 433,081 |  |

| Devan-PPT Chemicals Limited (Registered number: 05405054) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

6. | DEBTORS - continued

2025 | 2024 |

£ | £ |

| Amounts falling due after more than one year:

| Other debtors | 2,267 |  | - |  |

| Aggregate amounts | 377,493 |  | 433,081 |  |

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

2025 | 2024 |

£ | £ |

| Trade creditors | 897 |  | 19,780 |  |

| Taxation and social security | 3,329 |  | 18,210 |  |

| Other creditors | 7,464 |  | 11,362 |  |

11,690 |  | 49,352 |  |

8. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

2025 | 2024 |

£ | £ |

| Within one year | 87 |  | 22,343 |  |

| Between one and five years | - |  | 35,000 |  |

87 |  | 57,343 |  |

| During the year the company vacated its premises and surrendered lease commitments for a premium.

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 150,000 | Ordinary | £1.00 | 150,000 |  | 150,000 |  |

10. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

| The Report of the Auditors was unqualified.

| David Meadows BA BFP FCA (Senior Statutory Auditor)

| for and on behalf of Bourne & Co.

11. | RELATED PARTY DISCLOSURES

| Recharge of services during the year to the group companies amounted to £258,724 (2024: £410,331).

| Purchases of fixed assets by the group companies totalled £Nil (2024: £2,435).

| The amount due from group companies at 31 December 2025 was £358,724 (2024: £412,766).

| During 2024 and 2025, there were consultancy fees paid to a company which the previous director J Ellis controlled. J Ellis resigned as a director in November 2024. During 2025 the consultancy fees amounted to £9,375 (2024: £35,625) and the balance outstanding at the year end was £Nil owed by Devan PPT Chemicals Limited (2024: £2,625)

| Devan-PPT Chemicals Limited (Registered number: 05405054) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

12. | ULTIMATE CONTROLLING PARTY

| The controlling party is Devan Chemicals NV of I.Z. Klein Frankrijk - Klein Frankrijkstraat 8 - 9600 Ronse - Belgium.

| The highest group company in which accounts are consolidated is Fashion Chemicals GmbH & Co. KG of Isardamm 79-83, 82538 Geretsried and accounts are available from this address.

| The ultimate controlling party is Pulcra Investment Kimya A.S. Limited, a company registered in Turkey.