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REGISTERED NUMBER: 02810515 (England and Wales)

Audited Financial Statements for the Year Ended 30 June 2025

for

Crest Ultrasonics Europe Limited

| Crest Ultrasonics Europe Limited (Registered number: 02810515) |

Contents of the Financial Statements

for the Year Ended 30 June 2025

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 3 |

| Crest Ultrasonics Europe Limited |

Company Information

for the Year Ended 30 June 2025

| DIRECTORS: | L Casey

| M J P Downing

| D Casey

| T M Cunningham

| REGISTERED OFFICE: | 147a High Street

| Waltham Cross

| Hertfordshire

| EN8 7AP

| REGISTERED NUMBER: | 02810515 (England and Wales)

| AUDITORS: | Thickbroom Coventry

| Chartered Accountants

| and Statutory Auditors

| 147a High Street

| Waltham Cross

| Hertfordshire

| EN8 7AP

| Crest Ultrasonics Europe Limited (Registered number: 02810515) |

Statement of Financial Position

30 June 2025

| 2025 |  | 2024

| Notes | £ | £ |

CURRENT ASSETS

Stocks | 35,140 |  | 36,032 |  |

Debtors | 5 | 100,007 |  | 715 |  |

Cash at bank | 57,666 |  | 158,812 |  |

192,813 |  | 195,559 |  |

CREDITORS

Amounts falling due within one year | 6 | (3,250 | ) | (2,749 | ) |

NET CURRENT ASSETS | 189,563 |  | 192,810 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 189,563 |  | 192,810 |  |

CAPITAL AND RESERVES

Called up share capital | 7 | 1,000 |  | 1,000 |  |

Share premium | 232,000 |  | 232,000 |  |

Retained earnings | (43,437 | ) | (40,190 | ) |

SHAREHOLDERS' FUNDS | 189,563 |  | 192,810 |  |

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 Board of Directors and authorised for issue on 12 November 2025 and were signed on its behalf by:

D Casey - Director

| Crest Ultrasonics Europe Limited (Registered number: 02810515) |

Notes to the Financial Statements

for the Year Ended 30 June 2025

1. | STATUTORY INFORMATION

| Crest Ultrasonics Europe 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.

| Turnover

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

| 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 year 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 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.

3. | EMPLOYEES AND DIRECTORS

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

4. | AUDITORS' REMUNERATION

| 2025 |  | 2024

£ | £ |

| Fees payable to the company's auditors for the audit of the company's financial statements | 2,750 |  | 2,750 |  |

| Crest Ultrasonics Europe Limited (Registered number: 02810515) |

Notes to the Financial Statements - continued

for the Year Ended 30 June 2025

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

2025 | 2024 |

£ | £ |

| Amounts owed by group undertakings | 100,000 |  | - |  |

| Other debtors | 7 |  | 715 |  |

100,007 |  | 715 |  |

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

2025 | 2024 |

£ | £ |

| Other creditors | 3,250 |  | 2,749 |  |

7. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

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

| value: | £ | £ |

| 1,000 | Ordinary | £1 | 1,000 |  | 1,000 |  |

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

| The Auditors' Report was unqualified.

| Iain McMurray BSc(Hons) FCA (Senior Statutory Auditor)

| for and on behalf of Thickbroom Coventry

9. | RELATED PARTY DISCLOSURES

| All of the following companies are related by the fact that they are ultimately controlled by Crestek Inc. USA. Transactions with group companies are undertaken under normal commercial terms.

| Financial information on transactions and balances between related parties are as follows:

| CC Hydrosonics Limited

| CC Hydrosonics Limited purchased £892 (2024: £2,639) of goods and services from Crest Ultrasonics Europe Limited during the year. Amount due from CC Hydrosonics Limited at the year end amounted to £nil (2024: £nil).

| CC Hydrosonics Limited supplied £nil (2024: £15,476) of goods and services to Crest Ultrasonics Europe Limited during the year. Amounts due to CC Hydrosonics Limited at the end of the year amounted to £nil (2024: £nil).

| During the year Crest Ultrasonics Europe Limited granted an interest free loan to CC Hydrosonics Limited amounting to £100,000. This loan remains outstanding at the year end.