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REGISTERED NUMBER: 01931138 (England and Wales)

| Financial Statements |

| for the Year Ended 31 December 2025 |

| for |

| Schulte And Loughborough Electro Systems |

| Limited |

| Schulte And Loughborough Electro Systems |

| Limited (Registered number: 01931138) |

Contents of the Financial Statements

for the Year Ended 31 December 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| Schulte And Loughborough Electro Systems |

| Limited |

Company Information

for the Year Ended 31 December 2025

| DIRECTORS: | S Schulte

| S Waldminghaus

| REGISTERED OFFICE: | Lennox House

| 3 Pierrepont Street

| Bath

| Somerset

| BA1 1LB

| REGISTERED NUMBER: | 01931138 (England and Wales)

| BANKERS: | Barclays Bank Plc

| 1 Manvers Street

| Bath

| BA1 1JZ

| Schulte And Loughborough Electro Systems |

| Limited (Registered number: 01931138) |

Balance Sheet

31 December 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 465,658 |  | 480,445 |  |

CURRENT ASSETS

Stocks | 85,220 |  | 76,127 |  |

Debtors | 5 | 121,121 |  | 141,023 |  |

Cash at bank | 50,727 |  | 68,213 |  |

257,068 |  | 285,363 |  |

CREDITORS

Amounts falling due within one year | 6 | 240,807 |  | 216,964 |  |

NET CURRENT ASSETS | 16,261 |  | 68,399 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 481,919 |  | 548,844 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (24,009 | ) | (75,210 | ) |

PROVISIONS FOR LIABILITIES | (3,358 | ) | (6,608 | ) |

NET ASSETS | 454,552 |  | 467,026 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 454,452 |  | 466,926 |  |

SHAREHOLDERS' FUNDS | 454,552 |  | 467,026 |  |

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 June 2026 and were signed on its behalf by:

S Waldminghaus - Director

| Schulte And Loughborough Electro Systems |

| Limited (Registered number: 01931138) |

Notes to the Financial Statements

for the Year Ended 31 December 2025

1. | STATUTORY INFORMATION

| Schulte And Loughborough Electro Systems 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| The financial statements have been prepared on a going concern basis. The company is reliant on its parent company, Schulte-Elektrotechnik GmBH & Co KG, for the supply of its products. The directors of Schulte-Elektrotechnik GmBH & Co KG have confirmed their intention to provide, and have the capability to provide, continued product and financial support for a period of at least 12 months from the date of approval of these financial statements.

| The principal accounting policies adopted in the preparation of the financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

| Turnover

| Turnover represents the net invoiced value of goods supplied during the year, net of applicable Value Added Tax, together with sales commissions receivable.

| Revenue from the supply of goods is recognised when goods are despatched to customers.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Freehold Land - Not depreciated

| Freehold property - 2% on straight line basis

| Plant and machinery - 25% on straight line basis

| Fixtures and fittings - 25% on straight line basis

| Stocks

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

| Schulte And Loughborough Electro Systems |

| Limited (Registered number: 01931138) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

2. | ACCOUNTING POLICIES - continued

| Financial instruments

| The company has chosen to adopt the requirements of sections 11 and 12 of FRS 102 in respect of the measurement and disclosure of financial instruments.

| 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 method unless the effect of discounting would be immaterial, in which case they are stated at cost.

| The company does not have any other financial instruments.

| Cash and cash equivalents

| Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities.

| Impairment of financial assets

| Financial assets are assessed for indicators of impairment at the end of each reporting period. Financial assets are considered to be impaired when there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows of the investment have been affected.

| 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.

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet 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.

| Schulte And Loughborough Electro Systems |

| Limited (Registered number: 01931138) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

2. | ACCOUNTING POLICIES - continued

| 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 4 (2024 - 4 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Freehold |  | Plant and |  | and |

| property |  | machinery |  | fittings |  | Totals

£ | £ | £ | £ |

| COST

| At 1 January 2025 | 464,887 |  | 31,832 |  | 12,235 |  | 508,954 |  |

| Additions | - |  | - |  | 263 |  | 263 |  |

| At 31 December 2025 | 464,887 |  | 31,832 |  | 12,498 |  | 509,217 |  |

| DEPRECIATION

| At 1 January 2025 | 11,079 |  | 13,464 |  | 3,966 |  | 28,509 |  |

| Charge for year | 6,331 |  | 5,660 |  | 3,059 |  | 15,050 |  |

| At 31 December 2025 | 17,410 |  | 19,124 |  | 7,025 |  | 43,559 |  |

| NET BOOK VALUE

| At 31 December 2025 | 447,477 |  | 12,708 |  | 5,473 |  | 465,658 |  |

| At 31 December 2024 | 453,808 |  | 18,368 |  | 8,269 |  | 480,445 |  |

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

2025 | 2024 |

£ | £ |

| Trade debtors | 97,080 |  | 131,306 |  |

| Prepayments | 24,041 |  | 9,717 |  |

121,121 |  | 141,023 |  |

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

2025 | 2024 |

£ | £ |

| Trade creditors | 14,366 |  | 14,037 |  |

| Amounts owed to group undertakings | 179,336 |  | 119,802 |  |

| Tax | 135 |  | 12,323 |  |

| Social security and other taxes | 26,618 |  | 51,394 |  |

| Other creditors | 622 |  | 675 |  |

| Accrued expenses | 19,730 |  | 18,733 |  |

240,807 |  | 216,964 |  |

| Schulte And Loughborough Electro Systems |

| Limited (Registered number: 01931138) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

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

2025 | 2024 |

£ | £ |

| Amounts owed to group undertakings | 24,009 |  | 75,210 |  |

| Amounts owed to group undertakings consist of a trading balance and a term loan. Both balances are unsecured.The trading balance is interest free, and repayable on demand; The loan is repayable in quarterly instalments, and is subject to interest at 5.05%pa.

8. | LEASING AGREEMENTS

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

2025 | 2024 |

£ | £ |

| Within one year | 7,561 |  | 7,561 |  |

| Between one and five years | 13,611 |  | 21,172 |  |

21,172 |  | 28,733 |  |

9. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

| The Report of the Auditors was unqualified.

| Martin Longmore (Senior Statutory Auditor)

| for and on behalf of Sumer Auditco Limited

10. | RELATED PARTY DISCLOSURES

| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

11. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party is S Schulte by virtue of his controlling interest in the company's ultimate parent company, Schulte - Elektrotechnik GMBH & Co, KG, ("SET").

| SET's registered office is at Jüngerstraße 21, 58515 Lüdenscheid, Germany.