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REGISTERED NUMBER: SC651587 (Scotland)

| Frosty Limited |

| Unaudited Financial Statements |

| for the Year Ended 31 January 2026 |

| Frosty Limited (Registered number: SC651587) |

Contents of the Financial Statements

for the Year Ended 31 January 2026

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Frosty Limited |

Company Information

for the Year Ended 31 January 2026

| DIRECTOR: | Ms L Hua

| REGISTERED OFFICE: | 9 Ainslie Place

| Edinburgh

| Midlothian

| EH3 6AT

| REGISTERED NUMBER: | SC651587 (Scotland)

| ACCOUNTANTS: | Whitelaw Wells

| 9 Ainslie Place

| Edinburgh

| Midlothian

| EH3 6AT

| BANKERS: | Bank of Scotland

| The Direct Business Bank

| PO BOX 17235

| Edinburgh

| EH11 1YH

| Frosty Limited (Registered number: SC651587) |

Balance Sheet

31 January 2026

| 2026 | 2025 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 11,677 |  | 22,306 |  |

CURRENT ASSETS

Stocks | 12,000 |  | 12,000 |  |

Debtors | 5 | 30,968 |  | 32,069 |  |

Cash at bank | 17,719 |  | 21,779 |  |

60,687 |  | 65,848 |  |

CREDITORS

Amounts falling due within one year | 6 | 278,020 |  | 207,721 |  |

NET CURRENT LIABILITIES | (217,333 | ) | (141,873 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (205,656 | ) | (119,567 | ) |

CREDITORS

Amounts falling due after more than one year | 7 | 24,718 |  | 29,715 |  |

NET LIABILITIES | (230,374 | ) | (149,282 | ) |

| Frosty Limited (Registered number: SC651587) |

Balance Sheet - continued

31 January 2026

| 2026 | 2025 |

| Notes | £ | £ | £ | £ |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | (230,474 | ) | (149,382 | ) |

SHAREHOLDERS' FUNDS | (230,374 | ) | (149,282 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

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

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 20 April 2026 and were signed by:

Ms L Hua - Director

| Frosty Limited (Registered number: SC651587) |

Notes to the Financial Statements

for the Year Ended 31 January 2026

1. | STATUTORY INFORMATION

| Frosty Limited is a private company, limited by shares , registered in Scotland. 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 and revenue recognition

| Turnover, which represents net invoiced sales of goods exclusive of value added tax, is recognised at the point when a meal is served or delivered to the customer.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

| Plant and machinery etc | - | 33% on cost, 25% on cost and 20% 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.

| Financial instruments

| The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

| All loans with related parties are all repayable on demand.

| 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.

| Frosty Limited (Registered number: SC651587) |

Notes to the Financial Statements - continued

for the Year Ended 31 January 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 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.

| 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.

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| 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.

| Provision for liabilities

| Provisions are recognised where the company has a present obligation as a result of a past event, it is probably the company will be required to settle the obligations, and a reliable estimate can be made of the obligations. The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 13 (2025 - 11 ) .

| Frosty Limited (Registered number: SC651587) |

Notes to the Financial Statements - continued

for the Year Ended 31 January 2026

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 February 2025 | 52,567 |  |

| Additions | 569 |  |

| Disposals | (5,239 | ) |

| At 31 January 2026 | 47,897 |  |

| DEPRECIATION

| At 1 February 2025 | 30,261 |  |

| Charge for year | 11,198 |  |

| Eliminated on disposal | (5,239 | ) |

| At 31 January 2026 | 36,220 |  |

| NET BOOK VALUE

| At 31 January 2026 | 11,677 |  |

| At 31 January 2025 | 22,306 |  |

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Plant and

| machinery

| etc

£ |

| COST

| At 1 February 2025

| and 31 January 2026 | 38,418 |  |

| DEPRECIATION

| At 1 February 2025 | 19,208 |  |

| Charge for year | 9,604 |  |

| At 31 January 2026 | 28,812 |  |

| NET BOOK VALUE

| At 31 January 2026 | 9,606 |  |

| At 31 January 2025 | 19,210 |  |

| Frosty Limited (Registered number: SC651587) |

Notes to the Financial Statements - continued

for the Year Ended 31 January 2026

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

2026 | 2025 |

£ | £ |

| Other debtors | 30,968 |  | 32,069 |  |

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

2026 | 2025 |

£ | £ |

| Hire purchase contracts | 4,997 |  | 4,997 |  |

| Taxation and social security | 17 |  | 8 |  |

| Other creditors | 273,006 |  | 202,716 |  |

278,020 |  | 207,721 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2026 | 2025 |

£ | £ |

| Hire purchase contracts | 24,718 |  | 29,715 |  |

8. | RELATED PARTY DISCLOSURES

| During the year, the director paid expenses totalling £69,161 (2025: 60,738) on behalf of the company. The company paid expenses totalling £471 (2025: £4,661) on behalf of the director. The outstanding balance due to the director was £261,714 (2025: £196,024) at 31 January 2026. The director's current account is unsecured, interest free and has no fixed repayment period.

9. | GOING CONCERN

| The financial statements have been prepared on the going concern principle, which assumes that the company will continue to trade in the foreseeable future. In order to do so the company will require the continued support of its director and the director is willing to support the company.