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REGISTERED NUMBER: 06729870 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

SMARTSOURCE SOLUTIONS LTD

SMARTSOURCE SOLUTIONS LTD (REGISTERED NUMBER: 06729870) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 4 |

| SMARTSOURCE SOLUTIONS LTD |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 AUGUST 2025

| DIRECTOR: | Mr M A Cotton

| REGISTERED OFFICE: | President Park

| President Way

| Sheffield

| S4 7UR

| REGISTERED NUMBER: | 06729870 (England and Wales)

| ACCOUNTANTS: | Sutton McGrath Hartley Limited

| 5 Westbrook Court

| Sharrowvale Road

| Sheffield

| S11 8YZ

SMARTSOURCE SOLUTIONS LTD (REGISTERED NUMBER: 06729870) |

STATEMENT OF FINANCIAL POSITION

31 AUGUST 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 1,739 |  | 3,639 |  |

Tangible assets | 5 | 4,521 |  | 77,119 |  |

Investments | 6 | 38,658 |  | 45,514 |  |

44,918 |  | 126,272 |  |

CURRENT ASSETS

Stocks | 7 | 99,212 |  | 93,724 |  |

Debtors | 8 | 209,273 |  | 194,016 |  |

Cash at bank | 230,750 |  | 205,825 |  |

539,235 |  | 493,565 |  |

CREDITORS

Amounts falling due within one year | 9 | (313,672 | ) | (340,333 | ) |

NET CURRENT ASSETS | 225,563 |  | 153,232 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 270,481 |  | 279,504 |  |

PROVISIONS FOR LIABILITIES | 11 | (1,130 | ) | (19,280 | ) |

NET ASSETS | 269,351 |  | 260,224 |  |

CAPITAL AND RESERVES

Called up share capital | 12 | 112 |  | 100 |  |

Retained earnings | 269,239 |  | 260,124 |  |

269,351 |  | 260,224 |  |

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

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

SMARTSOURCE SOLUTIONS LTD (REGISTERED NUMBER: 06729870) |

STATEMENT OF FINANCIAL POSITION - continued

31 AUGUST 2025

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 12 May 2026 and were signed by:

Mr M A Cotton - Director

SMARTSOURCE SOLUTIONS LTD (REGISTERED NUMBER: 06729870) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

1. | STATUTORY INFORMATION

| Smartsource Solutions 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.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2010, has been fully amortised evenly over its estimated useful life of ten 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.

| Development costs are being amortised evenly over their estimated useful life of five years.

| 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 etc | - | 33% on cost, 25% on cost and 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.

| 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 statement of financial position date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

SMARTSOURCE SOLUTIONS LTD (REGISTERED NUMBER: 06729870) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2025

2. | ACCOUNTING POLICIES - continued

| 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 9 (2024 - 9 ) .

4. | INTANGIBLE FIXED ASSETS

| Other |

| intangible |

| Goodwill |  | assets |  | Totals

£ | £ | £ |

| COST

| At 1 September 2024

| and 31 August 2025 | 40,000 |  | 9,500 |  | 49,500 |  |

| AMORTISATION

| At 1 September 2024 | 40,000 |  | 5,861 |  | 45,861 |  |

| Charge for year | - |  | 1,900 |  | 1,900 |  |

| At 31 August 2025 | 40,000 |  | 7,761 |  | 47,761 |  |

| NET BOOK VALUE

| At 31 August 2025 | - |  | 1,739 |  | 1,739 |  |

| At 31 August 2024 | - |  | 3,639 |  | 3,639 |  |

5. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 September 2024 | 191,909 |  |

| Additions | 2,631 |  |

| Disposals | (107,607 | ) |

| At 31 August 2025 | 86,933 |  |

| DEPRECIATION

| At 1 September 2024 | 114,790 |  |

| Charge for year | 11,100 |  |

| Eliminated on disposal | (43,478 | ) |

| At 31 August 2025 | 82,412 |  |

| NET BOOK VALUE

| At 31 August 2025 | 4,521 |  |

| At 31 August 2024 | 77,119 |  |

SMARTSOURCE SOLUTIONS LTD (REGISTERED NUMBER: 06729870) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2025

6. | FIXED ASSET INVESTMENTS

| Other

| investments

£ |

| COST

| At 1 September 2024 | 45,514 |  |

| Disposals | (6,856 | ) |

| At 31 August 2025 | 38,658 |  |

| NET BOOK VALUE

| At 31 August 2025 | 38,658 |  |

| At 31 August 2024 | 45,514 |  |

7. | STOCKS

2025 | 2024 |

£ | £ |

| Stocks | 99,212 |  | 93,724 |  |

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

2025 | 2024 |

£ | £ |

| Trade debtors | 154,176 |  | 131,282 |  |

| Amounts owed by group undertakings | 7,279 |  | 2,852 |  |

| Other debtors | 1,653 |  | 1,805 |  |

| Directors' current accounts | 32,444 |  | 47,840 |  |

| Prepayments | 13,721 |  | 10,237 |  |

209,273 |  | 194,016 |  |

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

2025 | 2024 |

£ | £ |

| Hire purchase contracts (see note 10) | - |  | 61,565 |  |

| Trade creditors | 138,230 |  | 135,998 |  |

| Amounts owed to group undertakings | - |  | 1,465 |  |

| Tax | 49,062 |  | 37,447 |  |

| Social security and other taxes | 4,233 |  | 4,938 |  |

| VAT | 23,167 |  | 19,966 |  |

| Other creditors | 15,874 |  | 13,791 |  |

| Directors' current accounts | 3,200 |  | 2,080 |  |

| Accrued expenses | 79,906 |  | 63,083 |  |

313,672 |  | 340,333 |  |

SMARTSOURCE SOLUTIONS LTD (REGISTERED NUMBER: 06729870) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2025

10. | LEASING AGREEMENTS

| Minimum lease payments fall due as follows:

| Hire purchase |

| contracts |

2025 | 2024 |

£ | £ |

| Net obligations repayable:

| Within one year | - |  | 61,565 |  |

| Non-cancellable |

| operating leases |

2025 | 2024 |

£ | £ |

| Within one year | 15,653 |  | 15,653 |  |

| Between one and five years | 13,269 |  | 28,922 |  |

28,922 |  | 44,575 |  |

11. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

£ | £ |

| Deferred tax | 1,130 |  | 19,280 |  |

| Deferred |

| tax |

£ |

| Balance at 1 September 2024 | 19,280 |  |

| Provided during year | (18,150 | ) |

| Balance at 31 August 2025 | 1,130 |  |

12. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid;

| Number |  | Class |  | Nominal Value |  | 2025£ |  | 2024£ |  |

| 51 |  | Ordinary A |  | £1 |  | 51 |  | 51 |  |

| 24 |  | Ordinary B |  | £1 |  | 24 |  | 24 |  |

| 15 |  | Ordinary C |  | £1 |  | 15 |  | 15 |  |

| 10 |  | Ordinary D |  | £1 |  | 10 |  | 10 |  |

| 12 |  | Ordinary E |  |  | £1 |  | 12 |  | - |  |

|  | 112 |  | 100 |  |

SMARTSOURCE SOLUTIONS LTD (REGISTERED NUMBER: 06729870) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2025

13. | RELATED PARTY DISCLOSURES

| The following companies are related parties as they are under common control of one or both of the directors:

| Bardon Environmental Limited

| During the year the company made sales of £511 (2024: £NIL), and no purchases (2024: £NIL) with Bardon Environmental Limited. As at 31 August 2025 £2,852 (2024: £2,852) was owed to the company by Bardon Environmental Limited.

| Asset Go Solutions Ltd

| Asset Go Solutions Ltd is under the common control of Mr M Cotton. During the year, the company made no purchases with Smartsource Solutions Ltd (2024:£Nil). As at 31 August 2024 £Nil (2023: £NIL) was owed by the company to Asset Go Solutions.

| Hygiene UK Ltd

| During the year the company made sales of £NIL (2023: £NIL) and purchases of £NIL (2023:£NIL) with Hygiene UK Ltd. As at 31 August 2024 £4,427 was owed from Hygiene UK Ltd (2024: £2,099 owed to) to the company.

14. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party is Mr M A Cotton.