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REGISTERED NUMBER: 05926553 (England and Wales)

| Slimstock Limited |

| Financial Statements |

| for the Year Ended 31 December 2025 |

Slimstock Limited (Registered number: 05926553)

Contents of the Financial Statements

for the Year Ended 31 December 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

Slimstock Limited

Company Information

for the Year Ended 31 December 2025

| DIRECTORS: | R J Evans

| E H T Goris

| SECRETARY: | N J Dayman

| REGISTERED OFFICE: | Grosvenor House

| Prospect Hill

| Redditch

| Worcestershire

| B97 4DL

| REGISTERED NUMBER: | 05926553 (England and Wales)

| AUDITORS: | TC Group

| Statutory Auditor

| Sterling House

| 97 Lichfield Street

| Tamworth

| Staffordshire

| B79 7QF

Slimstock Limited (Registered number: 05926553)

Balance Sheet

31 December 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 188,278 |  | 133,338 |  |

CURRENT ASSETS

Debtors | 5 | 1,509,116 |  | 2,345,771 |  |

Cash at bank | 454,662 |  | 202,865 |  |

1,963,778 |  | 2,548,636 |  |

CREDITORS

Amounts falling due within one year | 6 | 2,045,289 |  | 2,520,165 |  |

NET CURRENT (LIABILITIES)/ASSETS | (81,511 | ) | 28,471 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 106,767 |  | 161,809 |  |

PROVISIONS FOR LIABILITIES | 8 | 13,406 |  | - |  |

NET ASSETS | 93,361 |  | 161,809 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 251,272 |  | 251,272 |  |

Retained earnings | (157,911 | ) | (89,463 | ) |

SHAREHOLDERS' FUNDS | 93,361 |  | 161,809 |  |

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 2 April 2026 and were signed on its behalf by:

R J Evans - Director

Slimstock Limited (Registered number: 05926553)

Notes to the Financial Statements

for the Year Ended 31 December 2025

1. | STATUTORY INFORMATION

| Slimstock 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.

| The financial statements are presented in pounds sterling, which is the company’s functional and presentation currency. All amounts have been rounded to the nearest £1, unless otherwise indicated.

| Going concern

| The financial statements have been prepared using the going concern basis of accounting.

| The directors have prepared forecasts for the next twelve months and as such, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the company continues to adopt the going concern basis in preparing the financial statements.

| Related party exemption

| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

| Significant judgements and estimates

| The company makes estimates and assumptions concerning the future. Management are also required to exercise judgement in the process of applying the company's accounting policies. Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

| The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are addressed below:

| In preparing these financial statements, the directors have made the following judgements:

| - Determine whether leases entered into by the company either as a lessor or a lessee are operating or finance leases. These decisions depend on an assessment of whether the risks and rewards of ownership have been transferred from the lessor to the lessee on a lease by lease basis based on an evaluation of the terms and conditions of the arrangements, and accordingly whether the lease requires an asset and liability to be recognised in the statement of financial position.

| - A provision is recognised when the company has a present legal or constructive obligation as a result of a past event for which it is probable that an outflow of resources will be required to settle the obligation and the amount can be reliably estimated. If the effect is material, provisions are determined by discounting the expected future cash flow at a rate that reflects the time value of money and the risks specific to the liability.

| - Whether a present obligation is probable or not requires judgement. The nature and type of risks for these provisions differ and management's judgement is applied regarding the nature and extent of obligations in deciding if an outflow of resources is probable or not.

| - Sales ledger debt provisions. Management review debts on a case by case basis to highlight deviation from terms and therefore possible provision requirement.

| - Depreciation and residual values. Management have reviewed the asset lives and associated residual values of all fixed asset classes and concluded that they are appropriate.

| The actual lives of the assets and residual values are assessed annually and may vary depending on a number of factors. In re-assessing asset lives, factors such as technological innovation, product life cycles and maintenance programmes are taken into account. Residual value assessments consider issues such as future market conditions, the remaining life of the asset and projects disposal values.

Slimstock Limited (Registered number: 05926553)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

2. | ACCOUNTING POLICIES - continued

| Turnover

| Revenue comprises the fair value of consideration received or receivable in the ordinary course of the company's activities, net of value-added tax, rebates, and discounts, and is recognised when it is probable that future economic benefits will flow to the company and these can be measured reliably. Revenue is recognised as follows

| Licence fees

| Revenue from software licences granted for a specific period is recognised on a straight-line basis over the term of the licence, as this reflects the period over which the customer has the right to use the software.

| Maintenance fees

| Revenue from software maintenance and support services is recognised over the period to which the service relates, typically on a straight-line basis over the contract period (usually 12 months).

| Rentals

| Rental income from software provided for a defined period is recognised on a straight-line basis over the rental term.

| Training

| Revenue from training services is recognised at the point in time when the training is delivered, as the customer benefits immediately from the service.

| Labour / Consultancy

| Revenue from labour or consultancy services is recognised as the services are performed, usually based on time incurred and agreed rates (i.e. over time).

| Tangible fixed assets

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

| Improvements to property |  | Straight line basis over the lease term |  |

| Fixtures, fittings & equipment |  | 20% reducing balance |  |

| Financial instruments

| The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors, loans to or from related parties and investments in ordinary shares.

| Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If such evidence is found, an impairment loss is recognised in the Income Statement.

| Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

| 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.

Slimstock Limited (Registered number: 05926553)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

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.

| 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.

| 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 51 (2024 - 49 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 January 2025 | 260,245 |  |

| Additions | 91,652 |  |

| At 31 December 2025 | 351,897 |  |

| DEPRECIATION

| At 1 January 2025 | 126,907 |  |

| Charge for year | 36,712 |  |

| At 31 December 2025 | 163,619 |  |

| NET BOOK VALUE

| At 31 December 2025 | 188,278 |  |

| At 31 December 2024 | 133,338 |  |

5. | DEBTORS

2025 | 2024 |

£ | £ |

| Amounts falling due within one year:

| Trade debtors | 1,269,944 |  | 1,595,829 |  |

| Other debtors | 239,172 |  | 271,793 |  |

1,509,116 |  | 1,867,622 |  |

| Amounts falling due after more than one year:

| Amounts owed by group undertakings | - |  | 478,149 |  |

| Aggregate amounts | 1,509,116 |  | 2,345,771 |  |

Slimstock Limited (Registered number: 05926553)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

5. | DEBTORS - continued

| Within amounts owed by group companies is an amount of £nil (2024 - £478,149), which was repayable within a maximum period of five years. The loan debtor was reassigned within the group during the year.

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

2025 | 2024 |

£ | £ |

| Trade creditors | 45,843 |  | 145,660 |  |

| Amounts owed to group undertakings | 388,742 |  | 1,270,722 |  |

| Taxation and social security | 403,707 |  | 447,081 |  |

| Other creditors | 1,206,997 |  | 656,702 |  |

2,045,289 |  | 2,520,165 |  |

7. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

2025 | 2024 |

£ | £ |

| Within one year | 144,139 |  | 120,198 |  |

| Between one and five years | 250,898 |  | 255,144 |  |

395,037 |  | 375,342 |  |

8. | PROVISIONS FOR LIABILITIES

2025 |  |

£ |  |

| Deferred tax

| Accelerated capital allowances | 31,767 |  |

| Tax losses carried forward | (18,361 | ) |

13,406 |  |

| Deferred |

| tax |

£ |

| Balance at 1 January 2025 | (41,037 | ) |

| Provided during year | 54,443 |  |

| Balance at 31 December 2025 | 13,406 |  |

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

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

| value: | £ | £ |

| 251,272 | Ordinary | £1 | 251,272 |  | 251,272 |  |

10. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

| The Report of the Auditors was unqualified.

| Stephen Butler BA FCA (Senior Statutory Auditor)

| for and on behalf of TC Group

Slimstock Limited (Registered number: 05926553)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

11. | RELATED PARTY DISCLOSURES

| Little Acre Ltd is a company in which a director of Slimstock Limited is also a director and shareholder.

| During the year, Little Acre Ltd provided services to Slimstock Limited amounting to £214,527 (2024: £205,434).

| At the balance sheet date, £nil (2024: £18,139) was outstanding to Little Acre Ltd and is included within creditors.

| All transactions were conducted at arm’s length and on normal commercial terms.

12. | ULTIMATE CONTROLLING PARTY

| The immediate parent company is Slimstock Europe B.V., a company registered in The Netherlands and the ultimate parent company is Slimstock Holding B.V., a company registered in The Netherlands. The group accounts of Slimstock Holding B.V. may be obtained from Slimstock Holding B.V., Zuthpenseweg 29 G1, 7418 AH Deventer - The Netherlands.