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REGISTERED NUMBER: SC200638 (Scotland)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 OCTOBER 2025 |

| FOR |

| THE KROP SHOP LIMITED |

| THE KROP SHOP LIMITED (REGISTERED NUMBER: SC200638) |

CONTENTS OF THE FINANCIAL STATEMENTS

for the Year Ended 31 October 2025

Page |

| Company Information | 1 |

| Abridged Balance Sheet | 2 |

| Notes to the Financial Statements | 5 |

| THE KROP SHOP LIMITED |

COMPANY INFORMATION

for the Year Ended 31 October 2025

| DIRECTOR: | A Tonner

| REGISTERED OFFICE: | 222 Kilsyth Road

| Banknock

| Bonnybridge

| Stirlingshire

| FK4 1UF

| REGISTERED NUMBER: | SC200638 (Scotland)

| ACCOUNTANTS: | Curle & Co

| Chartered Accountants

| 22 Backbrae Street

| Kilsyth

| G65 0NH

| BANKERS: | Royal Bank of Scotland

| 32 Glasgow Road

| Denny

| Falkirk

| FK6 6AY

| THE KROP SHOP LIMITED (REGISTERED NUMBER: SC200638) |

ABRIDGED BALANCE SHEET

31 October 2025

| 31.10.25 | 31.10.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 4,771 |  | 5,141 |  |

4,771 |  | 5,141 |  |

CURRENT ASSETS

Stocks | 5,762 |  | 5,849 |  |

Debtors | 28,500 |  | 18,500 |  |

Cash at bank | 4,052 |  | 2,019 |  |

38,314 |  | 26,368 |  |

CREDITORS

Amounts falling due within one year | 64,627 |  | 49,441 |  |

NET CURRENT LIABILITIES | (26,313 | ) | (23,073 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (21,542 | ) | (17,932 | ) |

CREDITORS

Amounts falling due after more than one year | - |  | 2,327 |  |

NET LIABILITIES | (21,542 | ) | (20,259 | ) |

CAPITAL AND RESERVES

Called up share capital | 2 |  | 2 |  |

Retained earnings | (21,544 | ) | (20,261 | ) |

SHAREHOLDERS' FUNDS | (21,542 | ) | (20,259 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 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 KROP SHOP LIMITED (REGISTERED NUMBER: SC200638) |

ABRIDGED BALANCE SHEET - continued

31 October 2025

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 October 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

| THE KROP SHOP LIMITED (REGISTERED NUMBER: SC200638) |

ABRIDGED BALANCE SHEET - continued

31 October 2025

The financial statements were approved by the director and authorised for issue on 6 May 2026 and were signed by:

A Tonner - Director

| THE KROP SHOP LIMITED (REGISTERED NUMBER: SC200638) |

NOTES TO THE FINANCIAL STATEMENTS

for the Year Ended 31 October 2025

1. | STATUTORY INFORMATION

| The Krop Shop 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 & revenue recognition

| Turnover represents net invoiced sales of goods and services, excluding VAT. Revenue is recognised when goods and services are provided to the customer.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2000, is being amortised evenly over its estimated useful life of twenty years.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Tangible fixed assets

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

| Long leasehold | - | 5% on reducing balance

| Improvements to property | - | 20% on reducing balance

| Plant and machinery | - | 15% on reducing balance

| 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 basic financial assets and 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.

| 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.

| THE KROP SHOP LIMITED (REGISTERED NUMBER: SC200638) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 October 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.

| 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 6 (2024 - 7 ) .

4. | INTANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 November 2024

| and 31 October 2025 | 10,000 |  |

| AMORTISATION

| At 1 November 2024

| and 31 October 2025 | 10,000 |  |

| NET BOOK VALUE

| At 31 October 2025 | - |  |

| At 31 October 2024 | - |  |

5. | TANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 November 2024

| and 31 October 2025 | 67,159 |  |

| DEPRECIATION

| At 1 November 2024 | 62,018 |  |

| Charge for year | 370 |  |

| At 31 October 2025 | 62,388 |  |

| NET BOOK VALUE

| At 31 October 2025 | 4,771 |  |

| At 31 October 2024 | 5,141 |  |

| THE KROP SHOP LIMITED (REGISTERED NUMBER: SC200638) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 October 2025

6. | SECURED DEBTS

| The following secured debts are included within creditors:

| 31.10.25 |  | 31.10.24

£ | £ |

| Bank overdrafts | 10,974 |  | 8,163 |  |

| Bank loans | 2,456 |  | 6,586 |  |

13,430 |  | 14,749 |  |

| The Royal Bank of Scotland holds a bond and floating charge over all sums due.

7. | ULTIMATE CONTROLLING PARTY

| The controlling party is A Tonner.