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REGISTERED NUMBER: 13043304 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE PERIOD 1 DECEMBER 2024 TO 28 FEBRUARY 2026 |

| FOR |

| FERNO TIME LTD |

| FERNO TIME LTD (REGISTERED NUMBER: 13043304) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE PERIOD 1 DECEMBER 2024 TO 28 FEBRUARY 2026

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| FERNO TIME LTD |

COMPANY INFORMATION

FOR THE PERIOD 1 DECEMBER 2024 TO 28 FEBRUARY 2026

| DIRECTOR: | C P Russell

| REGISTERED OFFICE: | Incuhive Space

| Hursley Park Road

| Hursley

| Winchester

| Hampshire

| S021 2JN

| REGISTERED NUMBER: | 13043304 (England and Wales)

| ACCOUNTANTS: | Fawcetts LLP

| Chartered Accountants

| Windover House

| St. Ann Street

| Salisbury

| SP1 2DR

| FERNO TIME LTD (REGISTERED NUMBER: 13043304) |

BALANCE SHEET

28 FEBRUARY 2026

| 2026 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | - |  | 316 |  |

CURRENT ASSETS

Stocks | - |  | 35,800 |  |

Debtors | 5 | - |  | 1,122 |  |

Cash at bank | - |  | 18,011 |  |

- |  | 54,933 |  |

CREDITORS

Amounts falling due within one year | 6 | 71,288 |  | 106,537 |  |

NET CURRENT LIABILITIES | (71,288 | ) | (51,604 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (71,288 | ) | (51,288 | ) |

CAPITAL AND RESERVES

Called up share capital | 7 | 101 |  | 101 |  |

Retained earnings | (71,389 | ) | (51,389 | ) |

SHAREHOLDERS' FUNDS | (71,288 | ) | (51,288 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

| FERNO TIME LTD (REGISTERED NUMBER: 13043304) |

BALANCE SHEET - continued

28 FEBRUARY 2026

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 9 April 2026 and were signed by:

C P Russell - Director

| FERNO TIME LTD (REGISTERED NUMBER: 13043304) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD 1 DECEMBER 2024 TO 28 FEBRUARY 2026

1. | STATUTORY INFORMATION

| Ferno Time Ltd 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.

| It is the intention of the directors that the company is to be wound-up in the foreseeable future and therefore these financial statements have not been prepared on a going concern basis. The financial statements are presented in Sterling (£) which is the functional currency of the company.

| The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

| Turnover

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

| Tangible fixed assets

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

| Computer equipment | - | 33% 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.

| FERNO TIME LTD (REGISTERED NUMBER: 13043304) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 1 DECEMBER 2024 TO 28 FEBRUARY 2026

2. | ACCOUNTING POLICIES - continued

| 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.

| Debtors

| Debtors are measured at their recoverable amount.

| Creditors and provisions

| Creditors and provisions are recognised where the company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was 1 (2024 - 1 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 December 2024 | 930 |  |

| Disposals | (930 | ) |

| At 28 February 2026 | - |  |

| DEPRECIATION

| At 1 December 2024 | 614 |  |

| Charge for period | 316 |  |

| Eliminated on disposal | (930 | ) |

| At 28 February 2026 | - |  |

| NET BOOK VALUE

| At 28 February 2026 | - |  |

| At 30 November 2024 | 316 |  |

| FERNO TIME LTD (REGISTERED NUMBER: 13043304) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 1 DECEMBER 2024 TO 28 FEBRUARY 2026

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

2026 | 2024 |

£ | £ |

| Other debtors | - |  | 1,122 |  |

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

2026 | 2024 |

£ | £ |

| Other creditors | 71,288 |  | 106,537 |  |

7. | CALLED UP SHARE CAPITAL

| Allotted and issued:

| Number: | Class: | Nominal | 2026 | 2024 |

| value: | £ | £ |

| 101 | Ordinary | £1 | 101 |  | 101 |  |

8. | RELATED PARTY DISCLOSURES

| Creditors due within one year include £71,288 (2024: £103,787) which is owed to the director of the company.