REGISTERED NUMBER: 12131507 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

PROFILM ADVANCED MATERIALS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr P J A Rockey

Mr D W Robertson

Mr G Li

REGISTERED OFFICE:

Ground Floor Marlborough House

298 Regents Park Road

London

N3 2SZ

REGISTERED NUMBER:

12131507 (England and Wales)

ACCOUNTANTS:

Fusion Accountancy Limited

Marlborough House

298 Regents Park Road

London

N3 2SZ

FIXED ASSETS

Tangible assets

4

199,261

215,847

CURRENT ASSETS

Stocks

5

784,022

488,180

Debtors

6

769,995

1,244,012

Cash at bank

438,867

304,766

1,992,884

2,036,958

CREDITORS

Amounts falling due within one year

7

1,750,593

1,703,440

NET CURRENT ASSETS

242,291

333,518

TOTAL ASSETS LESS CURRENT LIABILITIES

441,552

549,365

CREDITORS

Amounts falling due after more than one year

8

317,155

317,155

NET ASSETS

124,397

232,210

CAPITAL AND RESERVES

Called up share capital

9

103

104

Retained earnings

10

124,294

232,106

SHAREHOLDERS' FUNDS

124,397

232,210

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 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.

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 23 April 2026 and were signed on its behalf by:

Mr D W Robertson - Director

1.	STATUTORY INFORMATION

Profilm Advanced Materials 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.

Tangible fixed assets

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

Leasehold 5% on cost

Plant & Machinery 20% on cost

Motor Vehicles 20% on cost

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 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.

Hire purchase and leasing commitments

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Motor

Computer

property

equipment

vehicles

equipment

Totals

$

$

$

$

$

COST

At 1 January 2025

192,691

39,829

98,575

28,661

359,756

Additions

21,566

680

-

1,630

23,876

Disposals

-

-

-

(6,455

)

(6,455

)

At 31 December 2025

214,257

40,509

98,575

23,836

377,177

DEPRECIATION

At 1 January 2025

23,284

27,435

67,563

25,627

143,909

Charge for year

9,634

8,034

19,715

3,079

40,462

Eliminated on disposal

-

-

-

(6,455

)

(6,455

)

At 31 December 2025

32,918

35,469

87,278

22,251

177,916

NET BOOK VALUE

At 31 December 2025

181,339

5,040

11,297

1,585

199,261

At 31 December 2024

169,407

12,394

31,012

3,034

215,847

5.

STOCKS

31.12.25

31.12.24

$

$

Stocks

784,022

488,180

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

$

$

Trade debtors

682,938

695,270

Provision for bad debts

(22,106

)

-

Other debtors

36,251

58,164

Director's current account

-

139,910

VAT

12,421

36,422

Prepayments and accrued income

60,491

314,246

769,995

1,244,012

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

$

$

Trade creditors

1,670,018

1,423,330

Corporation tax

(95,335

)

103,138

Other creditors

37,793

35,035

Accruals and deferred income

138,117

141,937

1,750,593

1,703,440

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

$

$

Loan - WilliamAskew Ltd

60,000

60,000

Loan - P J A Rockey

60,000

60,000

Loan - Profilm Adv Material

197,155

197,155

317,155

317,155

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

$

$

100

Ordinary

£1

100

100

1

Ordinary A shares

£1

1

1

1

Ordinary B shares

£1

1

1

1

Ordinary C shares

£1

1

1

NIL

Ordinary D shares

£1

-

1

103

104

10.

RESERVES

Retained

earnings

$

At 1 January 2025

232,106

Profit for the year

532,753

Dividends

(640,565

)

At 31 December 2025

124,294

11.	RELATED PARTY DISCLOSURES

During the year, total dividends of $528,788 (2024 - $181,821) were paid to the directors .

At the balance sheet date, included in creditors due after more than one year, is an amount of $197,155 (2024 - $197,155) owed to the company shareholder, Profilm Advanced Materials Co LTD.

At the balance sheet date, included in creditors due after more than one year, is an amount of £120,000 (2024 - £120,000) owed to the company shareholders. These loans are interest free, unsecured and repayable on demand.