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REGISTERED NUMBER: 05747188 (England and Wales)

| NEOGRID LIMITED |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 AUGUST 2025 |

| NEOGRID LIMITED (REGISTERED NUMBER: 05747188) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

| Page |

| Statement of Financial Position | 1 |  | to |  | 2

| Notes to the Financial Statements | 3 |  | to |  | 6

| NEOGRID LIMITED (REGISTERED NUMBER: 05747188) |

STATEMENT OF FINANCIAL POSITION

31 AUGUST 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 5,230 |  | 6,282 |  |

Investment property | 5 | 230,000 |  | 230,000 |  |

235,230 |  | 236,282 |  |

CURRENT ASSETS

Stocks | 52,901 |  | 59,100 |  |

Debtors | 6 | 170,209 |  | 137,512 |  |

Cash at bank and in hand | 21,132 |  | 1,174 |  |

244,242 |  | 197,786 |  |

CREDITORS

Amounts falling due within one year | 7 | 187,709 |  | 120,162 |  |

NET CURRENT ASSETS | 56,533 |  | 77,624 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 291,763 |  | 313,906 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (208,806 | ) | (219,634 | ) |

PROVISIONS FOR LIABILITIES | (11,873 | ) | (12,136 | ) |

NET ASSETS | 71,084 |  | 82,136 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 1,000 |  | 1,000 |  |

Revaluation reserve | 10 | 47,086 |  | 47,086 |  |

Retained earnings | 10 | 22,998 |  | 34,050 |  |

SHAREHOLDERS' FUNDS | 71,084 |  | 82,136 |  |

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 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.

| NEOGRID LIMITED (REGISTERED NUMBER: 05747188) |

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 Board of Directors and authorised for issue on 11 May 2026 and were signed on its behalf by:

S Picha - Director

| NEOGRID LIMITED (REGISTERED NUMBER: 05747188) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

1. | STATUTORY INFORMATION

| Neogrid Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 05747188 and registered office address is 77 Marlow Road, High Wycombe, Buckinghamshire, England, HP11 1TQ

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

| Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced

| for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods

| and services is recognised when goods are delivered, and legal title has passed.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off the cost less estimated

| residual value of each asset over its estimated useful life.

| Plant and machinery 15% reducing balance

| Computer equipment 33% reducing balance

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost

| is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods

| include labour and attributable overheads.

| Financial instruments

| 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 administrative expenses.

| Loans and borrowings

| Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a financing transaction it is measured at the present value of future payments.

| NEOGRID LIMITED (REGISTERED NUMBER: 05747188) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position 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.

| 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 3 (2024 - 4 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 September 2024

| and 31 August 2025 | 54,056 |  |

| DEPRECIATION

| At 1 September 2024 | 47,774 |  |

| Charge for year | 1,052 |  |

| At 31 August 2025 | 48,826 |  |

| NET BOOK VALUE

| At 31 August 2025 | 5,230 |  |

| At 31 August 2024 | 6,282 |  |

| NEOGRID LIMITED (REGISTERED NUMBER: 05747188) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2025

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 September 2024

| and 31 August 2025 | 230,000 |  |

| NET BOOK VALUE

| At 31 August 2025 | 230,000 |  |

| At 31 August 2024 | 230,000 |  |

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

2025 | 2024 |

£ | £ |

| Trade debtors | 58,204 |  | 25,500 |  |

| Other debtors | 112,005 |  | 112,012 |  |

170,209 |  | 137,512 |  |

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

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 63,804 |  | 14,631 |  |

| Taxation and social security | 34,613 |  | 17,029 |  |

| Other creditors | 89,292 |  | 88,502 |  |

187,709 |  | 120,162 |  |

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

2025 | 2024 |

£ | £ |

| Bank loans | 208,806 |  | 219,634 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 156,825 |  | 156,825 |  |

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

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

| value: | £ | £ |

| 1,000 | Ordinary | 1 | 1,000 |  | 1,000 |  |

| NEOGRID LIMITED (REGISTERED NUMBER: 05747188) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2025

10. | RESERVES

| Retained |  | Revaluation |

| earnings |  | reserve |  | Totals

£ | £ | £ |

| At 1 September 2024 | 34,050 |  | 47,086 |  | 81,136 |  |

| Profit for the year | 3,948 |  | 3,948 |  |

| Dividends | (15,000 | ) | (15,000 | ) |

| At 31 August 2025 | 22,998 |  | 47,086 |  | 70,084 |  |

11. | OTHER FINANCIAL COMMITMENTS

| The loan is secured by a fixed and floating charge over the assets of the company.

12. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to directors subsisted during the years ended 31 August 2025 and 31 August 2024:

2025 | 2024 |

£ | £ |

| Mrs S Picha and S Picha

| Balance outstanding at start of year | (14,738 | ) | (30,106 | ) |

| Amounts advanced | 40,701 |  | 49,882 |  |

| Amounts repaid | (6,404 | ) | (34,514 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 19,559 |  | (14,738 | ) |