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REGISTERED NUMBER: SC618019 (Scotland)

| Financial Statements |

| for the Year Ended 28 February 2025 |

| for |

| Beholders Gaze Ltd |

Beholders Gaze Ltd (Registered number: SC618019)

Contents of the Financial Statements

for the Year Ended 28 February 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Beholders Gaze Ltd

Company Information

for the Year Ended 28 February 2025

| DIRECTORS: | Ms L B Cameron

| S J McCluskey

| REGISTERED OFFICE: | 72 Riverside Road

| Eaglesham

| Glasgow

| G76 0DG

| REGISTERED NUMBER: | SC618019 (Scotland)

| ACCOUNTANTS: | O'Haras Chartered Accountants

| Radleigh House

| 1 Golf Road

| Clarkston

| Glasgow

| G76 7HU

Beholders Gaze Ltd (Registered number: SC618019)

Balance Sheet

28 February 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Property, plant and equipment | 3 | 360 |  | 765 |  |

CURRENT ASSETS

Inventories | 5,000 |  | 6,000 |  |

Debtors | 4 | 30,850 |  | 15,250 |  |

Cash at bank | 6,419 |  | 17,049 |  |

42,269 |  | 38,299 |  |

CREDITORS

Amounts falling due within one year | 5 | 42,341 |  | 38,243 |  |

NET CURRENT (LIABILITIES)/ASSETS | (72 | ) | 56 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 288 |  | 821 |  |

PROVISIONS FOR LIABILITIES | 191 |  | 191 |  |

NET ASSETS | 97 |  | 630 |  |

CAPITAL AND RESERVES

Called up share capital | 6 | 2 |  | 2 |  |

Retained earnings | 95 |  | 628 |  |

SHAREHOLDERS' FUNDS | 97 |  | 630 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Beholders Gaze Ltd (Registered number: SC618019)

Balance Sheet - continued

28 February 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 Board of Directors and authorised for issue on 1 April 2026 and were signed on its behalf by:

S J McCluskey - Director

Beholders Gaze Ltd (Registered number: SC618019)

Notes to the Financial Statements

for the Year Ended 28 February 2025

1. | 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.

| Going concern

| The directors are satisfied that the Company will have access to sufficient funds to ensure that all liabilities will be met as they fall due over a period of at least 12 months from the approval date of these financial statements. Consequently, the directors consider it appropriate to prepare the financial statements on a going concern basis.

| Revenue

| Revenue represents the amounts derived from the provision of goods, excluding value added tax and trade discounts.

| Tangible fixed assets

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

| Computer equipment | - | 33% on cost

| Inventories

| Inventories 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 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.

| 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.

Beholders Gaze Ltd (Registered number: SC618019)

Notes to the Financial Statements - continued

for the Year Ended 28 February 2025

1. | ACCOUNTING POLICIES - continued

| Creditors

| Short term 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.

2. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2024 - 2 ) .

3. | PROPERTY, PLANT AND EQUIPMENT

| Computer

| equipment

£ |

| COST

| At 1 March 2024

| and 28 February 2025 | 1,216 |  |

| DEPRECIATION

| At 1 March 2024 | 451 |  |

| Charge for year | 405 |  |

| At 28 February 2025 | 856 |  |

| NET BOOK VALUE

| At 28 February 2025 | 360 |  |

| At 29 February 2024 | 765 |  |

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

2025 | 2024 |

£ | £ |

| Trade debtors | 13,965 |  | 15,250 |  |

| Other debtors | 16,885 |  | - |  |

30,850 |  | 15,250 |  |

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

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | - |  | 2,582 |  |

| Taxation and social security | 40,841 |  | 30,441 |  |

| Other creditors | 1,500 |  | 5,220 |  |

42,341 |  | 38,243 |  |

Beholders Gaze Ltd (Registered number: SC618019)

Notes to the Financial Statements - continued

for the Year Ended 28 February 2025

6. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

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

| value: | £ | £ |

| 2 | Ordinary | £1 | 2 |  | 2 |  |