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REGISTERED NUMBER: 03842674 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31 December 2025 |

| for |

| Fullbrook Ventures Limited |

| T/A |

| Bernard Sims Associates |

Fullbrook Ventures Limited (Registered number: 03842674)

T/A Bernard Sims Associates

Contents of the Financial Statements

for the Year Ended 31 December 2025

Page |

Company Information | 1 |

Statement of Financial Position | 2 |

Notes to the Financial Statements | 4 |

Fullbrook Ventures Limited

T/A Bernard Sims Associates

Company Information

for the Year Ended 31 December 2025

| DIRECTORS: | Mrs J A Sims

| B K Sims

| Ms S L Blayney

| D Ghaffoori

| D G Kearsley

| SECRETARY: | Mrs J A Sims

| REGISTERED OFFICE: | 32 High Street

| Guildford

| Surrey

| GU1 3EL

| REGISTERED NUMBER: | 03842674 (England and Wales)

| ACCOUNTANTS: | Butt Miller

| Chartered Accountants

| 1 Minster Court

| Tuscam Way

| Camberley

| Surrey

| GU15 3YY

Fullbrook Ventures Limited (Registered number: 03842674)

T/A Bernard Sims Associates

Statement of Financial Position

31 December 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 63,406 |  | 26,639 |  |

CURRENT ASSETS

Stocks | 5 | 142,500 |  | 127,487 |  |

Debtors | 6 | 607,465 |  | 698,284 |  |

Cash at bank and in hand | 1,673,182 |  | 1,160,433 |  |

2,423,147 |  | 1,986,204 |  |

CREDITORS

Amounts falling due within one year | 7 | (1,014,694 | ) | (910,809 | ) |

NET CURRENT ASSETS | 1,408,453 |  | 1,075,395 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,471,859 |  | 1,102,034 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (25,000 | ) | (85,000 | ) |

PROVISIONS FOR LIABILITIES | (15,605 | ) | (6,660 | ) |

NET ASSETS | 1,431,254 |  | 1,010,374 |  |

CAPITAL AND RESERVES

Called up share capital | 200 |  | 200 |  |

Capital redemption reserve | 12 |  | 12 |  |

Retained earnings | 1,431,042 |  | 1,010,162 |  |

1,431,254 |  | 1,010,374 |  |

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

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

Fullbrook Ventures Limited (Registered number: 03842674)

T/A Bernard Sims Associates

Statement of Financial Position - continued

31 December 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 22 April 2026 and were signed on its behalf by:

Mrs J A Sims - Director

Fullbrook Ventures Limited (Registered number: 03842674)

T/A Bernard Sims Associates

Notes to the Financial Statements

for the Year Ended 31 December 2025

1. | STATUTORY INFORMATION

| Fullbrook Ventures 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

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

| 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.

| Short leasehold - 25% on cost

| Fixtures and fittings - 25% on cost

| Work in progress

| Work in progress is recognised in respect of costs incurred which are yet to be utilised in the performance of revenue-earning contracts.

| Work in progress is valued at the lower of cost and net realisable value.

| 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 year end 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.

Fullbrook Ventures Limited (Registered number: 03842674)

T/A Bernard Sims Associates

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

2. | ACCOUNTING POLICIES - continued

| Pension costs

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the Income Statement in the period to which they relate.

| Operating leases

| Rentals paid under operating leases are charged to the Income Statement on a straight line basis over the period of the lease.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 50 (2024 - 35 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Short |  | and |

| leasehold |  | fittings |  | Totals

£ | £ | £ |

| COST

| At 1 January 2025 | 32,823 |  | 132,258 |  | 165,081 |  |

| Additions | - |  | 51,799 |  | 51,799 |  |

| Disposals | (32,823 | ) | (89,131 | ) | (121,954 | ) |

| At 31 December 2025 | - |  | 94,926 |  | 94,926 |  |

| DEPRECIATION

| At 1 January 2025 | 32,823 |  | 105,619 |  | 138,442 |  |

| Charge for year | - |  | 15,032 |  | 15,032 |  |

| Eliminated on disposal | (32,823 | ) | (89,131 | ) | (121,954 | ) |

| At 31 December 2025 | - |  | 31,520 |  | 31,520 |  |

| NET BOOK VALUE

| At 31 December 2025 | - |  | 63,406 |  | 63,406 |  |

| At 31 December 2024 | - |  | 26,639 |  | 26,639 |  |

5. | STOCKS

2025 | 2024 |

£ | £ |

| Work-in-progress | 142,500 |  | 127,487 |  |

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

2025 | 2024 |

£ | £ |

| Trade debtors | 548,000 |  | 618,608 |  |

| Prepayments and accrued income | 59,465 |  | 79,676 |  |

607,465 |  | 698,284 |  |

Fullbrook Ventures Limited (Registered number: 03842674)

T/A Bernard Sims Associates

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

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

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 60,000 |  | 60,000 |  |

| Trade creditors | 74,013 |  | 148,064 |  |

| Tax | 248,882 |  | 200,780 |  |

| Social security and other taxes | 68,312 |  | 67,742 |  |

| VAT | 203,788 |  | 175,568 |  |

| Other creditors | 14,251 |  | 21,688 |  |

| Deferred income | 17,000 |  | 30,200 |  |

| Accrued expenses | 328,448 |  | 206,767 |  |

1,014,694 |  | 910,809 |  |

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

2025 | 2024 |

£ | £ |

| Bank loans - 1-2 years | 25,000 |  | 60,000 |  |

| Bank loans - 2-5 years | - |  | 25,000 |  |

25,000 |  | 85,000 |  |

9. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

2025 | 2024 |

£ | £ |

| Within one year | 91,140 |  | 99,445 |  |

| Between one and five years | 138,017 |  | 232,362 |  |

229,157 |  | 331,807 |  |

10. | SECURED DEBTS

| The bank has a fixed and floating charge over all the undertakings of the company.