BrightAccountsProduction v1.0.0 v1.0.0 2025-01-01 The company was not dormant during the period The company was trading for the entire period The advancement of health or saving of lives by the promotion of effective maritime and related safety and survival training and the advancement of education for the public benefit in maritime related safety and survival training. Improving procedures for saving life at sea and encouraging research into these topics, the results of which will be disseminated to the public. 23 March 2026 0 0 07458300 2025-12-31 07458300 2024-12-31 07458300 2023-12-31 07458300 2025-01-01 2025-12-31 07458300 2024-01-01 2024-12-31 07458300 uk-bus:CompanyLimitedByGuarantee 2025-01-01 2025-12-31 07458300 uk-curr:PoundSterling 2025-01-01 2025-12-31 07458300 uk-bus:FullAccounts 2025-01-01 2025-12-31 07458300 uk-bus:Director1 2025-01-01 2025-12-31 07458300 uk-bus:Director2 2025-01-01 2025-12-31 07458300 uk-bus:Director3 2025-01-01 2025-12-31 07458300 uk-bus:Director4 2025-01-01 2025-12-31 07458300 uk-bus:RegisteredOffice 2025-01-01 2025-12-31 07458300 uk-bus:Agent1 2025-01-01 2025-12-31 07458300 uk-bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 07458300 uk-core:RetainedEarningsAccumulatedLosses 2025-12-31 07458300 uk-core:RetainedEarningsAccumulatedLosses 2024-12-31 07458300 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-12-31 07458300 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-12-31 07458300 uk-bus:FRS102 2025-01-01 2025-12-31 07458300 uk-core:WithinOneYear 2025-12-31 07458300 uk-core:WithinOneYear 2024-12-31 07458300 2025-01-01 2025-12-31 xbrli:pure iso4217:GBP xbrli:shares

International Association for Safety and Survival Training

(A company limited by guarantee, not having a share capital)

Directors' Report and Unaudited Financial Statements

for the financial year ended 31 December 2025

International Association for Safety and Survival Training

(A company limited by guarantee, not having a share capital)

DIRECTORS AND OTHER INFORMATION

Directors | Samantha Anne Montes
| Cormac Mac Sweeney
| Naoki Saito (Resigned 7 August 2025)
| Nikita Versockis
Company Registration Number | 07458300
Registered Office and Business Address | Oceana House
| 39-49 Commercial Road
| Southampton
| S015 1GA
| United Kingdom
Accountants | Lewis & Co
| Chartered Accountants
| 8 Priory Office Park
| Stillorgan
| Co Dublin
| Ireland

International Association for Safety and Survival Training

(A company limited by guarantee, not having a share capital)

DIRECTORS' REPORT

for the financial year ended 31 December 2025

The directors present their report and the unaudited financial statements for the financial year ended 31 December 2025.

The Company is limited by guarantee not having a share capital.

Directors

The directors who served during the financial year are as follows:

Samantha Anne Montes

Cormac Mac Sweeney

Naoki Saito (Resigned 7 August 2025)

Nikita Versockis

Statement of Directors' Responsibilities

The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for that period. In preparing these financial statements, the directors are required to:

- | select suitable accounting policies and apply them consistently;
- | make judgements and accounting estimates that are reasonable and prudent;
- | prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Special provisions relating to small companies

The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

On behalf of the board

___________________________ | ___________________________
Samantha Anne Montes | Cormac Mac Sweeney
Director | Director
23 March 2026 | 23 March 2026

International Association for Safety and Survival Training

(A company limited by guarantee, not having a share capital)

CHARTERED ACCOUNTANTS REPORT

to the Board of Directors on the Compilation of the unaudited financial statements of International Association for Safety and Survival Training

for the financial year ended 31 December 2025

In accordance with the engagement letter dated 27 April 2022 and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled for your approval the financial statements of the company for the financial year ended 31 December 2025 as set out on pages to which comprise the Income Statement, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.

This report is made solely to the Board of Directors of International Association for Safety and Survival Training, as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company’s Board of Directors that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and its Board of Directors, as a body, for our work or for this report.

We have carried out this engagement in accordance with guidance issued by the Institute of Chartered Accountants in Ireland and have complied with the relevant ethical guidance laid down by the Institute of Chartered Accountants in Ireland relating to members undertaking the compilation of financial statements.

You have acknowledged on the Balance Sheet for the year ended 31 December 2025 your duty to ensure that International Association for Safety and Survival Training has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and deficit of International Association for Safety and Survival Training. You consider that International Association for Safety and Survival Training is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the financial statements of International Association for Safety and Survival Training. For this reason, we have not verified the adequacy, accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

__________________________________

LEWIS & CO

Chartered Accountants

8 Priory Office Park

Stillorgan

Co Dublin

Ireland

23 March 2026

International Association for Safety and Survival Training

(A company limited by guarantee, not having a share capital)

INCOME STATEMENT

for the financial year ended 31 December 2025

|  | 2025 |  | 2024
| Notes | £ |  | £

Income |  | 15,937 |  | 17,851
Expenditure |  | (21,262) |  | (16,852)
|  | ───────── |  | ─────────
(Deficit)/surplus before interest |  | (5,325) |  | 999
Interest receivable and similar income |  | 529 |  | 201
|  | ───────── |  | ─────────
(Deficit)/surplus for the financial year |  | (4,796) |  | 1,200
|  | ───────── |  | ─────────
Total comprehensive income |  | (4,796) |  | 1,200
|  | ═════════ |  | ═════════

International Association for Safety and Survival Training

(A company limited by guarantee, not having a share capital)

Company Registration Number: 07458300

BALANCE SHEET

as at 31 December 2025

|  |  | 2025 |  | 2024
|  | Notes | £ |  | £
Current Assets

Debtors |  | 3 | 3,000 |  | 2,000
Cash and cash equivalents |  |  | 95,931 |  | 99,457
|  |  | ───────── |  | ─────────
|  |  | 98,931 |  | 101,457
|  |  | ───────── |  | ─────────
Creditors: amounts falling due within one year |  | 4 | (3,270) |  | (1,000)
|  |  | ───────── |  | ─────────
Net Current Assets |  |  | 95,661 |  | 100,457
|  |  | ───────── |  | ─────────
Total Assets less Current Liabilities |  |  | 95,661 |  | 100,457
|  |  | ═════════ |  | ═════════
Reserves

Retained surplus |  |  | 95,661 |  | 100,457
|  |  | ───────── |  | ─────────
Members' Funds |  |  | 95,661 |  | 100,457
|  |  | ═════════ |  | ═════════
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Board and authorised for issue on 23 March 2026 and signed on its behalf by

________________________________ |  |  | ________________________________
Samantha Anne Montes |  |  | Cormac Mac Sweeney
Director |  |  | Director

International Association for Safety and Survival Training

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 December 2025

1. | General Information
| International Association for Safety and Survival Training is a company limited by guarantee incorporated and registered in England. The registered number of the company is 07458300. The registered office of the company is Oceana House, 39-49 Commercial Road, Southampton, S015 1GA, United Kingdom which is also the principal place of business of the company. The advancement of health or saving of lives by the promotion of effective maritime and related safety and survival training and the advancement of education for the public benefit in maritime related safety and survival training. Improving procedures for saving life at sea and encouraging research into these topics, the results of which will be disseminated to the public. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

2. | Summary of Significant Accounting Policies
| The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
| Statement of compliance
| The financial statements of the company for the year ended 31 December 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
| Basis of preparation
| The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
| Income
| Turnover comprises membership subscriptions.
| Trade and other debtors
| Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
| Trade and other creditors
| Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
| Taxation
| The company is a registered charity in England, charity number 1144128, and as a result is exempt from corporation tax.

3. | Debtors | 2025 | 2024
|  | £ | £
| Trade debtors | 3,000 | 2,000
|  | ═════════ | ═════════
| Trade debtors include a provision for doubtful debts of £2,000 (2023: £0).

4. | Creditors | 2025 | 2024
| Amounts falling due within one year | £ | £
| Other creditors | 2,250 | -
| Accruals | 1,020 | 1,000
|  | ───────── | ─────────
|  | 3,270 | 1,000
|  | ═════════ | ═════════

5. | Capital commitments
| The company had no material capital commitments at the financial year-ended 31 December 2025.

6. | Post-Balance Sheet Events
| There have been no significant events affecting the company since the financial year-end.

International Association for Safety and Survival Training

(A company limited by guarantee, not having a share capital)

SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS

DETAILED INCOME STATEMENT

for the financial year ended 31 December 2025

| 2025 |  | 2024
| £ |  | £

Income | 15,937 |  | 17,851
| ───────── |  | ─────────
Expenditure

Fees and expenses for conferences | 3,474 |  | 2,132
Director expenses | 10,180 |  | 6,090
Computer costs | 1,346 |  | 1,325
Donations | 1,500 |  | 500
Legal and professional | 2,964 |  | 2,491
Accountancy | 1,038 |  | 1,000
Bank charges | 160 |  | 114
Unrecoverable subscriptions | 2,600 |  | 1,200
Doubtful debts | (2,000) |  | 2,000
| ───────── |  | ─────────
| 21,262 |  | 16,852
| ───────── |  | ─────────
Miscellaneous income

Bank interest | 529 |  | 201
| ───────── |  | ─────────
Net (deficit)/surplus | (4,796) |  | 1,200
| ═════════ |  | ═════════