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REGISTERED NUMBER: 11712321 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31 March 2026 |

| for |

| Glassline Gfc Ltd |

| Glassline Gfc Ltd (Registered number: 11712321) |

Contents of the Financial Statements

for the Year Ended 31 March 2026

Page |

| Company Information | 1 |

| Report of the Accountants | 2 |

| Balance Sheet | 3 |

| Notes to the Financial Statements | 4 |

| Glassline Gfc Ltd |

Company Information

for the Year Ended 31 March 2026

| DIRECTOR: | Mr Atanas Yuriev Petkov

| REGISTERED OFFICE: | 12 Park Lane

| Tilehurst

| Reading

| Berkshire

| RG31 5DL

| REGISTERED NUMBER: | 11712321 (England and Wales)

| ACCOUNTANTS: | RAA Avalon Accounting Ltd

| 12 Park Lane

| Tilehurst

| Reading

| Berkshire

| RG31 5DL

| Glassline Gfc Ltd |

Report of the Accountants to the Director of

Glassline Gfc Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2026 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

RAA Avalon Accounting Ltd

12 Park Lane

Tilehurst

Reading

Berkshire

RG31 5DL

Date: .............................................

| Glassline Gfc Ltd (Registered number: 11712321) |

Balance Sheet

31 March 2026

| 2026 |  | 2025

| Notes | £ | £ |

Fixed assets

Tangible assets | 4 | 59,408 |  | 13,904 |  |

Current assets

Debtors | 5 | 1,549,138 |  | 1,523,147 |  |

Investments | 6 | 98,631 |  | - |  |

Cash at bank | 799,069 |  | 683,171 |  |

2,446,838 |  | 2,206,318 |  |

Creditors

Amounts falling due within one year | 7 | (209,126 | ) | (383,532 | ) |

Net current assets | 2,237,712 |  | 1,822,786 |  |

Total assets less current liabilities | 2,297,120 |  | 1,836,690 |  |

Provisions for liabilities | 8 | (14,852 | ) | - |  |

Net assets | 2,282,268 |  | 1,836,690 |  |

Capital and reserves

Called up share capital | 9 | 12 |  | 12 |  |

Retained earnings | 10 | 2,282,256 |  | 1,836,678 |  |

Shareholders' funds | 2,282,268 |  | 1,836,690 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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.

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 6 May 2026 and were signed by:

Mr Atanas Yuriev Petkov - Director

| Glassline Gfc Ltd (Registered number: 11712321) |

Notes to the Financial Statements

for the Year Ended 31 March 2026

1. | STATUTORY INFORMATION

| Glassline Gfc 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.

| 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.

| Plant and machinery | - | 25% on reducing balance

| Fixtures and fittings | - | 25% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | 25% on reducing balance

| 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 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.

| 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 4 (2025 - 4 ) .

| Glassline Gfc Ltd (Registered number: 11712321) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2026

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Plant and |  | and |  | Motor |  | Computer |

| machinery |  | fittings |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 April 2025 | 1,704 |  | 1,669 |  | 22,342 |  | 6,212 |  | 31,927 |  |

| Additions | 323 |  | 580 |  | 66,000 |  | - |  | 66,903 |  |

| Disposals | - |  | - |  | (7,542 | ) | - |  | (7,542 | ) |

| At 31 March 2026 | 2,027 |  | 2,249 |  | 80,800 |  | 6,212 |  | 91,288 |  |

| DEPRECIATION

| At 1 April 2025 | 1,192 |  | 1,273 |  | 12,420 |  | 3,138 |  | 18,023 |  |

| Charge for year | 208 |  | 244 |  | 18,581 |  | 769 |  | 19,802 |  |

| Eliminated on disposal | - |  | - |  | (5,945 | ) | - |  | (5,945 | ) |

| At 31 March 2026 | 1,400 |  | 1,517 |  | 25,056 |  | 3,907 |  | 31,880 |  |

| NET BOOK VALUE

| At 31 March 2026 | 627 |  | 732 |  | 55,744 |  | 2,305 |  | 59,408 |  |

| At 31 March 2025 | 512 |  | 396 |  | 9,922 |  | 3,074 |  | 13,904 |  |

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

2026 | 2025 |

£ | £ |

| Trade debtors | 27,049 |  | 4,776 |  |

| Inter Company Loan | 1,501,000 |  | 1,501,000 |  |

| VAT | 10,817 |  | - |  |

| Deferred tax asset | - |  | 3,476 |  |

| Prepayments | 10,272 |  | 13,895 |  |

1,549,138 |  | 1,523,147 |  |

6. | CURRENT ASSET INVESTMENTS

2026 | 2025 |

£ | £ |

| Investments | 98,631 |  | - |  |

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

2026 | 2025 |

£ | £ |

| Corporation tax | 204,467 |  | 336,077 |  |

| Social security and other tax | 661 |  | 12,305 |  |

| VAT | - |  | 31,844 |  |

| Credit card | 215 |  | 80 |  |

| Directors' current accounts | 3,053 |  | 2,633 |  |

| Accruals | 730 |  | 593 |  |

209,126 |  | 383,532 |  |

| Glassline Gfc Ltd (Registered number: 11712321) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2026

8. | PROVISIONS FOR LIABILITIES

2026 |  |

£ |  |

| Deferred tax | 14,852 |  |

| Deferred |

| tax |

£ |

| Balance at 1 April 2025 | (3,476 | ) |

| Provided during year | 18,328 |  |

| Balance at 31 March 2026 | 14,852 |  |

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2026 | 2025 |

| value: | £ | £ |

| 12 | Ordinary | £1 | 12 |  | 12 |  |

10. | RESERVES

| Retained

| earnings

£ |

| At 1 April 2025 | 1,836,678 |  |

| Profit for the year | 640,578 |  |

| Dividends | (195,000 | ) |

| At 31 March 2026 | 2,282,256 |  |

11. | RELATED PARTY DISCLOSURES

| During the year, company owed amount of-£1,501,000(PY - £1,501,000) to IPT Property Ltd, in which Mr. Atanas Yuriev Petkov is also a director.

| Opening Balance : £1,501,000

| Transactions during the year :- Nil

| Closing balance :- £1,501,000

| During the year, dividend of £65,000 (PY - £66,000) paid to Mr. Atanas Yuriev Petkov, £65,000 (PY -66,000) paid to Mr. Atanas Taterski and £65,000 (PY - £66,000) paid to Mr. Martin Ivanov. Mr. Atanas Yuriev Petkov is also a director of the company.