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REGISTERED NUMBER: 07234769 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31 March 2026 |

| for |

| Lanson Polymers Limited |

| Lanson Polymers Limited (Registered number: 07234769) |

Contents of the Financial Statements

for the Year Ended 31 March 2026

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Lanson Polymers Limited |

Company Information

for the Year Ended 31 March 2026

| DIRECTOR: | A M Lane

| SECRETARY: | A M Lane

| REGISTERED OFFICE: | Unit C1

| Lakeside Business Park

| South Cerney

| Gloucestershire

| GL7 5XL

| REGISTERED NUMBER: | 07234769 (England and Wales)

| Lanson Polymers Limited (Registered number: 07234769) |

Balance Sheet

31 March 2026

| 2026 | 2025 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 168,906 |  | 150,217 |  |

CURRENT ASSETS

Stocks | 5 | 164,994 |  | 148,310 |  |

Debtors | 6 | 934,828 |  | 615,037 |  |

Cash at bank and in hand | 22,837 |  | 29,193 |  |

1,122,659 |  | 792,540 |  |

CREDITORS

Amounts falling due within one year | 7 | 861,196 |  | 472,210 |  |

NET CURRENT ASSETS | 261,463 |  | 320,330 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 430,369 |  | 470,547 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (188,663 | ) | (284,109 | ) |

PROVISIONS FOR LIABILITIES | (18,021 | ) | (18,715 | ) |

NET ASSETS | 223,685 |  | 167,723 |  |

CAPITAL AND RESERVES

Called up share capital | 1,620 |  | 1,620 |  |

Share premium | 84,592 |  | 84,592 |  |

Retained earnings | 137,473 |  | 81,511 |  |

SHAREHOLDERS' FUNDS | 223,685 |  | 167,723 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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.

| Lanson Polymers Limited (Registered number: 07234769) |

Balance Sheet - continued

31 March 2026

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 May 2026 and were signed by:

A M Lane - Director

| Lanson Polymers Limited (Registered number: 07234769) |

Notes to the Financial Statements

for the Year Ended 31 March 2026

1. | STATUTORY INFORMATION

| Lanson Polymers 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

| The financial statements are presented in sterling which is the functional currency of the company.

| The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all presented unless otherwise stated.

| Turnover and other income

| Turnover from the sale of engineering systems and components is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on dispatch of the goods. Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts.

| .

| 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 | - | over period of lease

| Plant and machinery | - | 20% on straight line basis

| Fixtures and fittings | - | 20% on straight line basis

| Motor vehicles | - | 20% on reducing balance

| Computer equipment | - | 50% on straight line basis

| Tangible fixed assets are stated at cost. Cost includes costs directly attributable to making the asset capable for operating as intended.

| Assets are derecognised on disposal or when no future economic benefits are expected. On disposal, the difference between the net disposal proceeds and the carrying amount is recognised in profit or loss.

| Stocks

| Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

| Lanson Polymers Limited (Registered number: 07234769) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2026

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

| Foreign currency transactions during a month are initially recognised by applying to the foreign currency amount the spot exchange rate from the last day of the previous month between the functional currency and the foreign currency.

| Monetary assets and liabilities denominated in a foreign currency at the balance sheet date are translated using the closing rate.

| Hire purchase and leasing commitments

| Assets acquired under finance leases or hire purchase contracts are capitalised and depreciated. The related obligation, net of future finance charges, are included in creditors.

| Leases that do no transfer all the risks and rewards of ownership are classified as operating leases. Payments under operating leases are charged to the profit and loss account on a straight-line basis over the period of the lease.

| Employee benefits

| When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.

| The company operates a defined contribution plan for the benefit of its employees. Contributions are expensed as they become payable.

| Debtors and creditors receivable / payable within one year

| Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

| Impairment

| Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

| Provisions

| Provisions are recognised when the company has an obligation at the balance sheet date as a result of a past event, it is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 8 (2025 - 7 ) .

| Lanson Polymers Limited (Registered number: 07234769) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2026

4. | TANGIBLE FIXED ASSETS

| Improvements |  | Fixtures

| to |  | Plant and |  | and

| property |  | machinery |  | fittings

£ | £ | £ |

| COST

| At 1 April 2025 | 17,368 |  | 3,860 |  | 16,861 |  |

| Additions | 16,444 |  | - |  | 3,369 |  |

| Disposals | - |  | - |  | - |  |

| At 31 March 2026 | 33,812 |  | 3,860 |  | 20,230 |  |

| DEPRECIATION

| At 1 April 2025 | 10,415 |  | 3,337 |  | 11,033 |  |

| Charge for year | 3,107 |  | 265 |  | 1,730 |  |

| Eliminated on disposal | - |  | - |  | - |  |

| At 31 March 2026 | 13,522 |  | 3,602 |  | 12,763 |  |

| NET BOOK VALUE

| At 31 March 2026 | 20,290 |  | 258 |  | 7,467 |  |

| At 31 March 2025 | 6,953 |  | 523 |  | 5,828 |  |

| Motor |  | Computer |

| vehicles |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 April 2025 | 129,655 |  | 43,915 |  | 211,659 |  |

| Additions | 79,990 |  | 12,241 |  | 112,044 |  |

| Disposals | (72,000 | ) | - |  | (72,000 | ) |

| At 31 March 2026 | 137,645 |  | 56,156 |  | 251,703 |  |

| DEPRECIATION

| At 1 April 2025 | 4,822 |  | 31,835 |  | 61,442 |  |

| Charge for year | 15,401 |  | 6,468 |  | 26,971 |  |

| Eliminated on disposal | (5,616 | ) | - |  | (5,616 | ) |

| At 31 March 2026 | 14,607 |  | 38,303 |  | 82,797 |  |

| NET BOOK VALUE

| At 31 March 2026 | 123,038 |  | 17,853 |  | 168,906 |  |

| At 31 March 2025 | 124,833 |  | 12,080 |  | 150,217 |  |

5. | STOCKS

2026 | 2025 |

£ | £ |

| Stocks | 164,994 |  | 148,310 |  |

| Lanson Polymers Limited (Registered number: 07234769) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2026

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

2026 | 2025 |

£ | £ |

| Trade debtors | 423,656 |  | 287,166 |  |

| Amounts owed by group undertakings | 404,184 |  | 208,054 |  |

| Other debtors | 23,109 |  | 17,471 |  |

| Directors' loan accounts | 10,000 |  | 10,000 |  |

| Prepayments and accrued income | 73,879 |  | 92,346 |  |

934,828 |  | 615,037 |  |

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

2026 | 2025 |

£ | £ |

| Bank loans and overdrafts (see note 9) | 12,139 |  | 11,578 |  |

| Other loans (see note 9) | 40,000 |  | 24,417 |  |

| Hire purchase contracts (see note 10) | 10,684 |  | 9,802 |  |

| Trade creditors | 211,037 |  | 100,452 |  |

| Tax | 27,346 |  | 16,616 |  |

| Social security and other taxes | 106,168 |  | 40,785 |  |

| Other creditors | 387,017 |  | 238,790 |  |

| Accruals and deferred income | 66,805 |  | 29,770 |  |

861,196 |  | 472,210 |  |

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

2026 | 2025 |

£ | £ |

| Bank loans (see note 9) | 51,616 |  | 63,881 |  |

| Other loans (see note 9) | 36,962 |  | 123,511 |  |

| Hire purchase contracts (see note 10) | 100,085 |  | 96,717 |  |

188,663 |  | 284,109 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | - |  | 11,328 |  |

9. | LOANS

| An analysis of the maturity of loans is given below:

2026 | 2025 |

£ | £ |

| Amounts falling due within one year or on demand:

| Bank loans | 12,139 |  | 11,578 |  |

| Other loans | 40,000 |  | 24,417 |  |

52,139 |  | 35,995 |  |

| Lanson Polymers Limited (Registered number: 07234769) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2026

9. | LOANS - continued

2026 | 2025 |

£ | £ |

| Amounts falling due between one and two years:

| Bank loans - 1-2 years | 12,760 |  | 12,139 |  |

| Other loans - 1-2 years | 36,962 |  | 28,993 |  |

49,722 |  | 41,132 |  |

| Amounts falling due between two and five years:

| Bank loans - 2-5 years | 38,856 |  | 40,414 |  |

| Other loans - 2-5 years | - |  | 94,518 |  |

38,856 |  | 134,932 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | - |  | 11,328 |  |

10. | LEASING AGREEMENTS

| Minimum lease payments fall due as follows:

| Hire purchase |

| contracts |

2026 | 2025 |

£ | £ |

| Net obligations repayable:

| Within one year | 10,684 |  | 9,802 |  |

| Between one and five years | 100,085 |  | 96,717 |  |

110,769 |  | 106,519 |  |

| Non-cancellable |

| operating leases |

2026 | 2025 |

£ | £ |

| Within one year | - |  | 44,334 |  |

| Between one and five years | - |  | 119,288 |  |

- |  | 163,622 |  |

11. | SECURED DEBTS

| The following secured debts are included within creditors:

2026 | 2025 |

£ | £ |

| Bank loans | 63,755 |  | 75,459 |  |

| Hire purchase contracts | 110,769 |  | 106,519 |  |

| Other creditors | 383,716 |  | 236,471 |  |

558,240 |  | 418,449 |  |

| Lanson Polymers Limited (Registered number: 07234769) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2026

12. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

2026 | 2025 |

£ | £ |

| A M Lane

| Balance outstanding at start of year | 10,000 |  | 10,000 |  |

| Amounts advanced | 10,000 |  | 10,000 |  |

| Amounts repaid | (10,000 | ) | (10,000 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 10,000 |  | 10,000 |  |

| The maximum loan outstanding during the year was £10,000 (2024- £10,000).