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REGISTERED NUMBER: SC470264 (Scotland)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 MAY 2025 |

| FOR |

| COLLECTIVE MEDIA LIMITED |

COLLECTIVE MEDIA LIMITED (REGISTERED NUMBER: SC470264)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

COLLECTIVE MEDIA LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MAY 2025

| DIRECTORS: | Ian Reid

| Kathryn Ross

| SECRETARY: | Kathryn Ross

| REGISTERED OFFICE: | Carogan House

| Cockburnspath

| Berwickshire

| TD13 5XB

| REGISTERED NUMBER: | SC470264 (Scotland)

| ACCOUNTANTS: | Stewart Gilmour & Co.

| 3rd Floor

| St George's Buildings

| 5 St Vincent Place

| Glasgow

| G1 2DH

COLLECTIVE MEDIA LIMITED (REGISTERED NUMBER: SC470264)

BALANCE SHEET

31 MAY 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 302 |  | 378 |  |

Investment property | 5 | 454,574 |  | 454,574 |  |

454,876 |  | 454,952 |  |

CURRENT ASSETS

Debtors | 6 | 3,200 |  | - |  |

Cash at bank | 133,810 |  | 165,636 |  |

137,010 |  | 165,636 |  |

CREDITORS

Amounts falling due within one year | 7 | 228,908 |  | 293,314 |  |

NET CURRENT LIABILITIES | (91,898 | ) | (127,678 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 362,978 |  | 327,274 |  |

PROVISIONS FOR LIABILITIES | 57 |  | 72 |  |

NET ASSETS | 362,921 |  | 327,202 |  |

CAPITAL AND RESERVES

Called up share capital | 8 | 100 |  | 100 |  |

Retained earnings | 362,821 |  | 327,102 |  |

SHAREHOLDERS' FUNDS | 362,921 |  | 327,202 |  |

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

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

COLLECTIVE MEDIA LIMITED (REGISTERED NUMBER: SC470264)

BALANCE SHEET - continued

31 MAY 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 18 May 2026 and were signed on its behalf by:

Ian Reid - Director

COLLECTIVE MEDIA LIMITED (REGISTERED NUMBER: SC470264)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

1. | STATUTORY INFORMATION

| Collective Media Limited is a private company, limited by shares , registered in Scotland. 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

| 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 as modified by the revaluation of certain assets.

| 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.

| Fixtures and fittings | - | 20% on reducing balance

| Investment property

| In accordance with Financial Reporting Standard 102, investment properties are revalued annually at fair value. Changes to fair value are reflected in the profit and loss account. No depreciation is provided in respect of investment properties.

| The Companies Act 2006 requires all properties to be depreciated. However, this requirement conflicts with the generally accepted accounting principles set out in FRS 102. The director considers that, because these properties are not held for their consumption, but for their investment potential, to depreciate them would not give a true and fair view, and that it is necessary to apply FRS 102 in order to give a true and fair view.

| If this departure from the Act had not been made, the reported net profit for the financial year would have been reduced by additional depreciation charges of £9,091 (2024 - £9,091).

| 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 balance sheet date.

| 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.

3. | EMPLOYEES AND DIRECTORS

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

COLLECTIVE MEDIA LIMITED (REGISTERED NUMBER: SC470264)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MAY 2025

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 June 2024

| and 31 May 2025 | 3,275 |  |

| DEPRECIATION

| At 1 June 2024 | 2,897 |  |

| Charge for year | 76 |  |

| At 31 May 2025 | 2,973 |  |

| NET BOOK VALUE

| At 31 May 2025 | 302 |  |

| At 31 May 2024 | 378 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 June 2024

| and 31 May 2025 | 454,574 |  |

| NET BOOK VALUE

| At 31 May 2025 | 454,574 |  |

| At 31 May 2024 | 454,574 |  |

| Fair value at 31 May 2025 is represented by:

£ |

| Valuation in 2025 | 454,574 |  |

| If investment property had not been revalued it would have been included at the following historical cost:

2025 | 2024 |

£ | £ |

| Cost | 454,574 |  | 454,574 |  |

| Aggregate depreciation | (83,310 | ) | (74,219 | ) |

| Investment property was valued on a fair value basis on 31 May 2025 by Ian Reid, director .

| Title to the investment properties at Flat 3, 38 Broomhill Drive, Glasgow, and Flat 2, 46 Partick Bridge Street, Glasgow are held by directors Ian Reid and Kathryn Ross, respectively, on behalf of the company. In the opinion of the directors, there have been no significant changes in the market values of the investment properties since their acquisition by the company.

COLLECTIVE MEDIA LIMITED (REGISTERED NUMBER: SC470264)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MAY 2025

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

2025 | 2024 |

£ | £ |

| Other debtors | 3,200 |  | - |  |

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

2025 | 2024 |

£ | £ |

| Taxation and social security | 8,745 |  | 6,391 |  |

| Other creditors | 220,163 |  | 286,923 |  |

228,908 |  | 293,314 |  |

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

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

| value: | £ | £ |

| 50 | Ordinary | £1 | 50 |  | 50 |  |

| 50 | Ordinary 'A' | £1 | 50 |  | 50 |  |

100 |  | 100 |  |

9. | ULTIMATE CONTROLLING PARTY

| The company is under the immediate and ultimate control of directors Ian Reid and Kathryn Ross who each hold 50% of the issued share capital.