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REGISTERED NUMBER: NI072297 (Northern Ireland)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

KicTeam Europe Limited

KicTeam Europe Limited (Registered number: NI072297)

Contents of the Financial Statements

for the year ended 31 December 2025

Page |

Company Information | 1 |

Abridged Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

KicTeam Europe Limited

Company Information

for the year ended 31 December 2025

| Directors: | D Connell Jr

| K A Graham

| C L Sykes

| A Connor

| M Yacoubian

| Registered office: | A&L Goodbody Solicitors

| 6th Floor, 42-46 Fountain Street

| Belfast

| Co. Antrim

| BT1 5EF

| Registered number: | NI072297 (Northern Ireland)

| Accountants: | Acre Accountancy Limited

| Unit 2 Foley Works

| Foley Trading Estate

| Hereford

| Herefordshire

| HR1 2SF

KicTeam Europe Limited (Registered number: NI072297)

Abridged Balance Sheet

31 December 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Intangible assets | 5 | - |  | - |  |

Tangible assets | 6 | 1,130 |  | 1,797 |  |

1,130 |  | 1,797 |  |

CURRENT ASSETS

Stocks | 105,734 |  | 179,452 |  |

Debtors | 353,812 |  | 154,451 |  |

Cash at bank | 376,195 |  | 268,964 |  |

835,741 |  | 602,867 |  |

CREDITORS

Amounts falling due within one year | (385,964 | ) | (672,142 | ) |

NET CURRENT ASSETS/(LIABILITIES) | 449,777 |  | (69,275 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 450,907 |  | (67,478 | ) |

CAPITAL AND RESERVES

Called up share capital | 8 | 1 |  | 1 |  |

Retained earnings | 450,906 |  | (67,479 | ) |

SHAREHOLDERS' FUNDS | 450,907 |  | (67,478 | ) |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

KicTeam Europe Limited (Registered number: NI072297)

Abridged Balance Sheet - continued

31 December 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 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 May 2026 and were signed on its behalf by:

M Yacoubian - Director

KicTeam Europe Limited (Registered number: NI072297)

Notes to the Financial Statements

for the year ended 31 December 2025

1. | STATUTORY INFORMATION

| KicTeam Europe Limited is a private company, limited by shares , registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

| The presentation currency of the financial statements is the Pound Sterling (£).

2. | STATEMENT OF COMPLIANCE

| 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.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements have been prepared under the historical cost convention.

| These financial statements have been prepared on a going concern basis. The company is continuing to operate in difficult trading conditions, however the directors are of the opinion that the company will continue to be supported by the parent company and have therefore prepared the financial statements on a going concern basis. If this was not the case, adjustments would have to be made to reduce the value of assets to their recoverable amounts and to provide for further liabilities that might arise.

| 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 etc | - | 20% 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.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

KicTeam Europe Limited (Registered number: NI072297)

Notes to the Financial Statements - continued

for the year ended 31 December 2025

3. | 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.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2024 - 4 ) .

5. | INTANGIBLE FIXED ASSETS

| Totals

£ |

| Cost

| At 1 January 2025

| and 31 December 2025 | 746,900 |  |

| Amortisation

| At 1 January 2025

| and 31 December 2025 | 746,900 |  |

| Net book value

| At 31 December 2025 | - |  |

| At 31 December 2024 | - |  |

KicTeam Europe Limited (Registered number: NI072297)

Notes to the Financial Statements - continued

for the year ended 31 December 2025

6. | TANGIBLE FIXED ASSETS

| Totals

£ |

| Cost

| At 1 January 2025 | 16,403 |  |

| Disposals | (9,994 | ) |

| At 31 December 2025 | 6,409 |  |

| Depreciation

| At 1 January 2025 | 14,606 |  |

| Charge for year | 429 |  |

| Eliminated on disposal | (9,756 | ) |

| At 31 December 2025 | 5,279 |  |

| Net book value

| At 31 December 2025 | 1,130 |  |

| At 31 December 2024 | 1,797 |  |

7. | LEASING AGREEMENTS

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

2025 | 2024 |

£ | £ |

| Within one year | 16,700 |  | 2,835 |  |

| Between one and five years | 19,483 |  | - |  |

36,183 |  | 2,835 |  |

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

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

| value: | £ | £ |

| 1 | Ordinary | £1 | 1 |  | 1 |  |

9. | ULTIMATE CONTROLLING PARTY

| The controlling party is Inverness Graham.