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REGISTERED NUMBER: 01737935 (England and Wales)

| Financial Statements |

| For The Year Ended 31 December 2025 |

| for |

| Sevale Engineering Limited |

| Sevale Engineering Limited (Registered number: 01737935) |

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 |

| Sevale Engineering Limited |

Company Information

For The Year Ended 31 December 2025

| DIRECTORS: | G Cooke

| P J Dennehy

| C J Lynch

| SECRETARY: | M J Walsh

| REGISTERED OFFICE: | 14 Lower Tuffley Lane

| Gloucester

| GL2 5DT

| REGISTERED NUMBER: | 01737935 (England and Wales)

| AUDITORS: | Kingscott Dix Limited

| Chartered Accountants

| and Statutory Auditor

| Goodridge Court

| Goodridge Avenue

| Gloucester

| Gloucestershire

| GL2 5EN

| BANKERS: | Lloyds Bank

| 19 Eastgate Street

| Gloucester

| GL1 1NU

| Sevale Engineering Limited (Registered number: 01737935) |

Balance Sheet

31 December 2025

| 31.12.25 | 31.12.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 63,629 |  | 73,826 |  |

CURRENT ASSETS

Stocks | 5 | 539,531 |  | 466,212 |  |

Debtors | 6 | 208,025 |  | 254,023 |  |

Cash at bank and in hand | 154,451 |  | 79,100 |  |

902,007 |  | 799,335 |  |

CREDITORS

Amounts falling due within one year | 7 | 330,558 |  | 324,510 |  |

NET CURRENT ASSETS | 571,449 |  | 474,825 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 635,078 |  | 548,651 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (12,547 | ) | (12,611 | ) |

PROVISIONS FOR LIABILITIES | (15,057 | ) | (12,498 | ) |

NET ASSETS | 607,474 |  | 523,542 |  |

CAPITAL AND RESERVES

Called up share capital | 11 | 50 |  | 50 |  |

Capital redemption reserve | 50 |  | 50 |  |

Retained earnings | 607,374 |  | 523,442 |  |

SHAREHOLDERS' FUNDS | 607,474 |  | 523,542 |  |

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 11 May 2026 and were signed on its behalf by:

P J Dennehy - Director

| Sevale Engineering Limited (Registered number: 01737935) |

Notes to the Financial Statements

For The Year Ended 31 December 2025

1. | STATUTORY INFORMATION

| Sevale Engineering 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.

| 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.

| Turnover

| Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes.

| Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

| Tangible fixed assets

| Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

| Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

| Plant and machinery |  | - 15% on cost |  |

| Fixtures and fittings |  | - 15% on cost |  |

| Motor vehicles |  | - 20% on cost |  |

| Computer equipment |  | - 25% 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.

| Financial instruments

| The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

| Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

| Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

| Sevale Engineering Limited (Registered number: 01737935) |

Notes to the Financial Statements - continued

For The Year Ended 31 December 2025

2. | ACCOUNTING POLICIES - continued

| Basic financial assets

| Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

| Impairment of financial assets

| Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date. Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. The impairment loss is recognised in profit or loss.

| Derecognition of financial assets

| Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire, or when it transfers the financial asset and substantially all the risks and rewards of ownership to another entity.

| Classification of financial liabilities

| Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

| Basic financial liabilities

| Basic financial liabilities, including trade and other creditors plus debt factoring are recognised at transaction price. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

| Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if payment is due within one year. If not, they are presented as creditors falling due after more than one year. Trade creditors are recognised at transaction price.

| Derecognition of financial liabilities

| Financial liabilities are derecognised when, and only when, the company's obligations are discharged, cancelled, or they expire.

| 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.

| Sevale Engineering Limited (Registered number: 01737935) |

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.

| Research and development

| Expenditure on research and development is written off in the year in which it is incurred.

| Hire purchase and leasing commitments

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

| 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.

| Debt factoring

| Those debtors which are subject to debt factoring remain the responsibility of the Company and as a result are shown as Trade debtors in the financial statements, the amount advanced by the debt factoring company being recognised as a creditor.

| Factoring charges are recognised on a payable basis in the period to which they relate.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 7 (2024 - 8 ) .

| Sevale Engineering Limited (Registered number: 01737935) |

Notes to the Financial Statements - continued

For The Year Ended 31 December 2025

4. | TANGIBLE FIXED ASSETS

| Plant and |  | Motor |

| machinery |  | vehicles |  | Totals

£ | £ | £ |

| COST

| At 1 January 2025 | 189,401 |  | 26,363 |  | 215,764 |  |

| Additions | 6,482 |  | - |  | 6,482 |  |

| Disposals | (3,901 | ) | - |  | (3,901 | ) |

| At 31 December 2025 | 191,982 |  | 26,363 |  | 218,345 |  |

| DEPRECIATION

| At 1 January 2025 | 117,532 |  | 24,406 |  | 141,938 |  |

| Charge for year | 13,735 |  | 1,957 |  | 15,692 |  |

| Eliminated on disposal | (2,914 | ) | - |  | (2,914 | ) |

| At 31 December 2025 | 128,353 |  | 26,363 |  | 154,716 |  |

| NET BOOK VALUE

| At 31 December 2025 | 63,629 |  | - |  | 63,629 |  |

| At 31 December 2024 | 71,869 |  | 1,957 |  | 73,826 |  |

| The net book value above includes amounts attributable to assets subject to hire purchase and finance lease agreements at 31 December 2025 of £10,424 (2024 :£13,634).

5. | STOCKS

| 31.12.25 |  | 31.12.24

£ | £ |

| Stocks | 539,531 |  | 466,212 |  |

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

| 31.12.25 |  | 31.12.24

£ | £ |

| Trade debtors | 186,950 |  | 209,618 |  |

| Prepayments and accrued income | 21,075 |  | 44,405 |  |

208,025 |  | 254,023 |  |

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

| 31.12.25 |  | 31.12.24

£ | £ |

| Other loans | 5,000 |  | 10,000 |  |

| Hire purchase contracts (see note 9) | 12,251 |  | 4,409 |  |

| Trade creditors | 102,006 |  | 122,728 |  |

| Amounts owed to group undertakings | 167,884 |  | 115,945 |  |

| Corporation tax | 25,418 |  | - |  |

| Social security and other taxes | 9,843 |  | 18,550 |  |

| Accrued expenses | 8,156 |  | 52,878 |  |

330,558 |  | 324,510 |  |

| Sevale Engineering Limited (Registered number: 01737935) |

Notes to the Financial Statements - continued

For The Year Ended 31 December 2025

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.12.25 |  | 31.12.24

£ | £ |

| Other loans - 1-2 years | - |  | 5,000 |  |

| Hire purchase contracts (see note 9) | 12,547 |  | 7,611 |  |

12,547 |  | 12,611 |  |

9. | LEASING AGREEMENTS

| Minimum lease payments fall due as follows:

| Hire purchase |

| contracts |

| 31.12.25 |  | 31.12.24 |

£ | £ |

| Net obligations repayable:

| Within one year | 12,251 |  | 4,409 |  |

| Between one and five years | 12,547 |  | 7,611 |  |

24,798 |  | 12,020 |  |

| Non-cancellable |

| operating leases |

| 31.12.25 |  | 31.12.24

£ | £ |

| Within one year | 42,000 |  | 42,000 |  |

| Between one and five years | 105,000 |  | 147,000 |  |

147,000 |  | 189,000 |  |

10. | SECURED DEBTS

| The following secured debts are included within creditors:

| 31.12.25 |  | 31.12.24

£ | £ |

| Hire purchase contracts | 24,798 |  | 12,020 |  |

11. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.12.25 |  | 31.12.24

| value: | £ | £ |

| 50 | Ordinary | £1 | 50 |  | 50 |  |

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

| The Report of the Auditors was unqualified.

| Emma Steward FCCA (Senior Statutory Auditor)

| for and on behalf of Kingscott Dix Limited

| Sevale Engineering Limited (Registered number: 01737935) |

Notes to the Financial Statements - continued

For The Year Ended 31 December 2025

13. | ULTIMATE CONTROLLING PARTY

| The company's parent company is Compound Feed Engineering Limited, a company registered in England and Wales.

| The ultimate parent company is Compound Feed Engineering Limited, a company registered in Ireland. Compound Feed Engineering Limited prepare consolidated financial statements which can be found at their registered office.