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Company No: 16296161 (England and Wales)

# EWST HOLDINGS LTD

### Unaudited Financial Statements
For the financial period ended 31 December 2025
Pages for filing with the registrar

EWST HOLDINGS LTD

## Unaudited Financial Statements

For the financial period ended 31 December 2025

Contents

EWST HOLDINGS LTD

## STATEMENT OF FINANCIAL POSITION

As at 31 December 2025
EWST HOLDINGS LTD

## STATEMENT OF FINANCIAL POSITION (continued)

As at 31 December 2025

| Note | 2025
|  | £
Fixed assets |  |
Investments | 3 | 1
|  | 1
Current assets |  |
Debtors | 4 | 4,875,000
|  | 4,875,000
Creditors: amounts falling due within one year | 5 | ( 4,875,000)
Net current assets |  | 0
Total assets less current liabilities |  | 1
Net assets |  | 1
Capital and reserves |  |
Called-up share capital | 6 | 1
Total shareholder's funds |  | 1

For the financial period ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the financial period in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of EWST Holdings Ltd (registered number: 16296161) were approved and authorised for issue by the Board of Directors. They were signed on its behalf by:

E Mosafi Director |

13 May 2026

EWST HOLDINGS LTD

## NOTES TO THE FINANCIAL STATEMENTS

For the financial period ended 31 December 2025
EWST HOLDINGS LTD

## NOTES TO THE FINANCIAL STATEMENTS

For the financial period ended 31 December 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

##### General information and basis of accounting

EWST Holdings Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is 41-44 Great Queen Street, London, WC2B 5AD, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Financial instruments

The Company only enters into basic financial instruments and transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to and from related parties and investments in non-puttable ordinary shares.

Financial assets
Basic financial assets, including trade and other debtors, and amounts due from related companies, are initially recognised at transaction price, 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.
Such assets are subsequently carried at amortised cost using the effective interest method.
At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in the Statement of Comprehensive Income.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Financial liabilities
Basic financial liabilities, including trade and other creditors and accruals, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.
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 or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

Financial assets and liabilities are offset and 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.

Investments
Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through the Statement of Comprehensive Income. Where fair value cannot be measured reliably, investments are measured at cost less impairment.

#### 2. Employees

| 2025
| Number
Monthly average number of persons employed by the company during the period, including directors | 2

#### 3. Fixed asset investments

Investments in subsidiaries

| 2025
| £
Cost |
At 01 January 2025 | 0
Additions | 1
At 31 December 2025 | 1
Carrying value at 31 December 2025 | 1

Investments in shares

Name of entity | Registered office | Principal activity | Class of shares | Ownership 31.12.2025
EWST Ltd | 41-44 Great Queen Street, London, WC2B 5AD | Providing radar signal simulation and radar threat generation technologies | Ordinary | 100.00%

#### 4. Debtors

| 2025
| £
Amounts owed by group undertakings | 4,875,000

Amounts owed by group undertakings are unsecured, have no fixed date of repayment and are repayable on demand.

#### 5. Creditors: amounts falling due within one year

| 2025
| £
Amounts owed to group undertakings | 4,875,000

Amounts owed to group undertakings is unsecured, interest free with no fixed repayment terms.

#### 6. Called-up share capital

| 2025
| £
Allotted, called-up and fully-paid |
1 Ordinary share of £ 1.00 | 1

On incorporation, the company issued 1 Ordinary share at £1.00 per share.

#### 7. Related party transactions

Where possible, the company has taken advantage of the exemption conferred by FRS 102 section 33.1A from the requirement to disclose transactions with other wholly-owned group undertakings.