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REGISTERED NUMBER: 01541402 (England and Wales)

| LYNQ LIMITED |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 DECEMBER 2025 |

| LYNQ LIMITED (REGISTERED NUMBER: 01541402) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| LYNQ LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2025

| DIRECTOR: | Mr J M Gregory

| SECRETARY: | Mr J M Gregory

| REGISTERED OFFICE: | Lancaster Court

| 8 Barnes Wallis Road

| Fareham

| Hampshire

| PO15 5TU

| REGISTERED NUMBER: | 01541402 (England and Wales)

| ACCOUNTANTS: | Morris Crocker

| Chartered Accountants

| Lake House

| 2 Port Way

| Port Solent

| Hampshire

| PO6 4TY

| BANKERS: | HSBC

| 71 West Street

| Fareham

| Hampshire

| PO16 0AN

| LYNQ LIMITED (REGISTERED NUMBER: 01541402) |

BALANCE SHEET

31 DECEMBER 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 5,542 |  | 7,917 |  |

Tangible assets | 5 | 57,632 |  | 71,880 |  |

Investments | 6 | 11,578 |  | 11,578 |  |

74,752 |  | 91,375 |  |

CURRENT ASSETS

Debtors | 7 | 1,490,266 |  | 604,328 |  |

Cash at bank | 128,621 |  | 114,119 |  |

1,618,887 |  | 718,447 |  |

CREDITORS

Amounts falling due within one year | 8 | 1,053,504 |  | 874,668 |  |

NET CURRENT ASSETS/(LIABILITIES) | 565,383 |  | (156,221 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 640,135 |  | (64,846 | ) |

PROVISIONS FOR LIABILITIES | 15,794 |  | 19,949 |  |

NET ASSETS/(LIABILITIES) | 624,341 |  | (84,795 | ) |

CAPITAL AND RESERVES

Called up share capital | 50,000 |  | 50,000 |  |

Retained earnings | 574,341 |  | (134,795 | ) |

SHAREHOLDERS' FUNDS | 624,341 |  | (84,795 | ) |

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

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

| LYNQ LIMITED (REGISTERED NUMBER: 01541402) |

BALANCE SHEET - continued

31 DECEMBER 2025

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 13 April 2026 and were signed by:

Mr J M Gregory - Director

| LYNQ LIMITED (REGISTERED NUMBER: 01541402) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1. | STATUTORY INFORMATION

| Lynq 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 represents amounts receivable for goods and services net of VAT and trade discounts.

| During the year the company changed its turnover model. Previously, turnover consisted of perpetual licences which were recognised in full at the date of issue, with an optional annual ongoing maintenance charge. However in January 2024, the business introduced a subscription licensing model in which income will be recognised over the length of the term in the period to which it relates. Any contracts on the old model will gradually be moved over to the new subscription model in the coming 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.

| Development costs are being amortised evenly over their estimated useful life of three years.

| Computer software is being amortised evenly over its estimated useful life of ten years.

| Tangible fixed assets

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

| Plant and machinery etc | - | 33% on cost and 20% on cost

| Financial instruments

| The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties and investments in non-puttable ordinary shares.

| Trade and other debtors

| Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment

| Cash and cash equivalents

| Cash and cash equivalents comprise cash at bank and on hand, deposits with banks and other short-term highly liquid investments and bank overdrafts. In the balance sheet, bank overdrafts are shown within borrowings or current liabilities.

| Trade and other creditors

| Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method

| LYNQ LIMITED (REGISTERED NUMBER: 01541402) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| Hire purchase and leasing commitments

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

| 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.

| Group accounts

| The company and its subsidary comprise a small group. The company has taken advantage of the exemption provided by section 398 of the Companies Act 2006 not to prepare group accounts.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 10 (2024 - 9 ) .

| LYNQ LIMITED (REGISTERED NUMBER: 01541402) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

4. | INTANGIBLE FIXED ASSETS

| Other

| intangible

| assets

£ |

| COST

| At 1 January 2025

| and 31 December 2025 | 184,099 |  |

| AMORTISATION

| At 1 January 2025 | 176,182 |  |

| Charge for year | 2,375 |  |

| At 31 December 2025 | 178,557 |  |

| NET BOOK VALUE

| At 31 December 2025 | 5,542 |  |

| At 31 December 2024 | 7,917 |  |

5. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 January 2025 | 201,776 |  |

| Additions | 4,012 |  |

| At 31 December 2025 | 205,788 |  |

| DEPRECIATION

| At 1 January 2025 | 129,896 |  |

| Charge for year | 18,260 |  |

| At 31 December 2025 | 148,156 |  |

| NET BOOK VALUE

| At 31 December 2025 | 57,632 |  |

| At 31 December 2024 | 71,880 |  |

6. | FIXED ASSET INVESTMENTS

| Other

| investments

£ |

| COST

| At 1 January 2025

| and 31 December 2025 | 11,578 |  |

| NET BOOK VALUE

| At 31 December 2025 | 11,578 |  |

| At 31 December 2024 | 11,578 |  |

| LYNQ LIMITED (REGISTERED NUMBER: 01541402) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

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

2025 | 2024 |

£ | £ |

| Trade debtors | 1,158,284 |  | 290,691 |  |

| Other debtors | 148,581 |  | 112,248 |  |

| Lynq Poland | 15,940 |  | 15,940 |  |

| Directors' current accounts | 146,563 |  | 123,741 |  |

| Corporation tax recoverable | 20,898 |  | 61,708 |  |

1,490,266 |  | 604,328 |  |

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

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | - |  | 154,952 |  |

| Trade creditors | 12,980 |  | 23,450 |  |

| Corporation tax | 148,678 |  | 41,762 |  |

| Social security and other taxes | 57,428 |  | 54,079 |  |

| VAT | 101,479 |  | 8,644 |  |

| Other creditors | 8,031 |  | 2,004 |  |

| Accruals and deferred income | 724,908 |  | 589,777 |  |

1,053,504 |  | 874,668 |  |