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REGISTERED NUMBER: 08517073 (England and Wales)

| STRATEGIC REPORT, REPORT OF THE DIRECTORS AND |

| AUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 30TH SEPTEMBER 2025 |

| FOR |

| PRECISE CONSULTANTS LIMITED |

PRECISE CONSULTANTS LIMITED (REGISTERED NUMBER: 08517073)

CONTENTS OF THE FINANCIAL STATEMENTS

for the Year Ended 30TH SEPTEMBER 2025

Page |

Company Information | 1 |

Strategic Report | 2 |

Report of the Directors | 3 |

Report of the Independent Auditors | 4 |

Income Statement | 6 |

Balance Sheet | 7 |

Statement of Changes in Equity | 8 |

Cash Flow Statement | 9 |

Notes to the Cash Flow Statement | 10 |

Notes to the Financial Statements | 11 |

PRECISE CONSULTANTS LIMITED

COMPANY INFORMATION

for the Year Ended 30TH SEPTEMBER 2025

| DIRECTORS: | A G T Sumner

| P R Thompson

| REGISTERED OFFICE: | 4th Floor

| 14 Devonshire Square

| London

| EC2M 4YT

| REGISTERED NUMBER: | 08517073 (England and Wales)

| AUDITORS: | HJS (Reading) Limited

| 3 Richfield Place

| Richfield Avenue

| Reading

| Berkshire

| RG1 8EQ

| BANKERS: | HSBC

| The Helicon

| 1 South Place

| London

| EC2M 2UP

PRECISE CONSULTANTS LIMITED (REGISTERED NUMBER: 08517073)

STRATEGIC REPORT

for the Year Ended 30TH SEPTEMBER 2025

The directors present their strategic report for the year ended 30th September 2025.

REVIEW OF BUSINESS

Turnover for the year ended 30 September 2025 was £37,985,617 (2024: £35,938,940). Profit for the year ended 30 September 2025 was £1,138,282 (2024: £1,127,410). The Company's Balance Sheet Position, as at 30 September 2025 shows a positive net asset position amounting to £199,396 (2024: £181,114).

PRINCIPAL RISKS AND UNCERTAINTIES

The principal risks and uncertainties are the Company's ability to secure and retain clients.

The Company has no significant exposure to market (price, interest rate or foreign currency) risk, or to legal or operation risks.

GOING CONCERN

The Directors have undertaken an assessment of the general worldwide factors on the ability of the Company to continue as a going concern for the next 12 months from the date of approval of these financial statements. The Directors consider that the Company can maintain sufficient income generating assets under management to provide the Company with sufficient revenue and liquid resources so that the Company can cover its costs, pay its liabilities for the next 12 months from the date of approval of these financial statements.

Currently some Directors and employees are working from home with full remote access functionality hence Directors

consider that the Company has, and can, maintain full operational capabilities.

The Directors have assessed the going concern status of the Company and concluded that there are no material

uncertainties that may cast significant doubt about the Company's ability to continue as a going concern. Accordingly, the financial statements are prepared on the going concern basis.

ON BEHALF OF THE BOARD:

A G T Sumner - Director

19th May 2026

PRECISE CONSULTANTS LIMITED (REGISTERED NUMBER: 08517073)

REPORT OF THE DIRECTORS

for the Year Ended 30TH SEPTEMBER 2025

The directors present their report with the financial statements of the company for the year ended 30th September 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of management of human resources.

DIVIDENDS

Interim dividends totalling £11.20 per share were paid on the A Ordinary 0.00001p 0.001p shares during the year. No dividends were paid on any other classes of shares.

The total distribution of dividends for the year ended 30th September 2025 will be £ 1,120,000 .

DIRECTORS

The directors shown below have held office during the whole of the period from 1st October 2024 to the date of this report.

A G T Sumner

P R Thompson

CHARITABLE DONATIONS AND EXPENDITURE

Charitable donations of £1,661 (2023 - £3,301) were made during the year.

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Strategic Report, the Report of the Directors 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). 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 profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

- | select suitable accounting policies and then 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.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS

The auditors, HJS (Reading) Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

A G T Sumner - Director

19th May 2026

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF

PRECISE CONSULTANTS LIMITED

Opinion

We have audited the financial statements of Precise Consultants Limited (the 'company') for the year ended 30th September 2025 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity, Cash Flow Statement and Notes to the Cash Flow Statement, Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

- | give a true and fair view of the state of the company's affairs as at 30th September 2025 and of its profit for the year then ended;

- | have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

- | have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The directors are responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

- | the information given in the Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- | the Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

- | adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

- | the financial statements are not in agreement with the accounting records and returns; or

- | certain disclosures of directors' remuneration specified by law are not made; or

- | we have not received all the information and explanations we require for our audit.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF

PRECISE CONSULTANTS LIMITED

Responsibilities of directors

As explained more fully in the Statement of Directors' Responsibilities set out on page three, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Based on our understanding of the company and industry, we identified that the principal risks of non-compliance with laws and regulations related to breaches of UK regulatory principles. We also considered the laws and regulations which have a direct impact on the financial statements such as the Companies Act 2006.

We evaluated management's incentives and opportunities for fraudulent manipulation of the financial statements (including the risk of override of controls) and determined that the principal risks were related to management bias in accounting estimates and judgmental areas of the financial statements.

Audit procedures performed by the audit engagement team included:

- Discussions with senior management, including consideration of known or suspected instances of noncompliance with laws and regulations or instances of fraud;

- Identifying and testing journal entries based on risk criteria;

- Designing audit procedures to incorporate unpredictability around the nature, timing or extent of our testing;

- Testing transactions entered into outside of the normal course of the company's business;

- Reviewing any potential litigation or claims against the entity which indicate any potential noncompliance issues.

There are inherent limitations in the audit procedures described above. We are less likely to become aware of instances of non-compliance with laws and regulations that are not closely related to events and transactions reflected in the financial statements. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or though collusion.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors 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 the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Mark Rogers (Senior Statutory Auditor)

for and on behalf of HJS (Reading) Limited

3 Richfield Place

Richfield Avenue

Reading

Berkshire

RG1 8EQ

3rd June 2026

PRECISE CONSULTANTS LIMITED (REGISTERED NUMBER: 08517073)

INCOME STATEMENT

for the Year Ended 30TH SEPTEMBER 2025

| 30.9.25 |  | 30.9.24

| Notes | £ | £ |

TURNOVER | 3 | 37,985,617 |  | 35,938,940 |  |

Cost of sales | 33,380,035 |  | 31,549,774 |  |

GROSS PROFIT | 4,605,582 |  | 4,389,166 |  |

Administrative expenses | 3,041,752 |  | 2,839,039 |  |

1,563,830 |  | 1,550,127 |  |

Other operating income | 6,476 |  | - |  |

OPERATING PROFIT | 5 | 1,570,306 |  | 1,550,127 |  |

Interest receivable and similar income | - |  | 6 |  |

1,570,306 |  | 1,550,133 |  |

Interest payable and similar expenses | 6 | 41,040 |  | 31,172 |  |

PROFIT BEFORE TAXATION | 1,529,266 |  | 1,518,961 |  |

Tax on profit | 7 | 390,984 |  | 391,551 |  |

PROFIT FOR THE FINANCIAL YEAR | 1,138,282 |  | 1,127,410 |  |

PRECISE CONSULTANTS LIMITED (REGISTERED NUMBER: 08517073)

BALANCE SHEET

30TH SEPTEMBER 2025

| 30.9.25 | 30.9.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 10 | - |  | - |  |

Tangible assets | 11 | 19,123 |  | 15,837 |  |

19,123 |  | 15,837 |  |

CURRENT ASSETS

Debtors | 12 | 7,670,333 |  | 9,195,861 |  |

Cash at bank | 225,484 |  | 560,865 |  |

7,895,817 |  | 9,756,726 |  |

CREDITORS

Amounts falling due within one year | 13 | 7,710,764 |  | 9,541,657 |  |

NET CURRENT ASSETS | 185,053 |  | 215,069 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 204,176 |  | 230,906 |  |

CREDITORS

Amounts falling due after more than one year | 14 | - |  | (45,833 | ) |

PROVISIONS FOR LIABILITIES | 18 | (4,780 | ) | (3,959 | ) |

NET ASSETS | 199,396 |  | 181,114 |  |

CAPITAL AND RESERVES

Called up share capital | 19 | 2 |  | 2 |  |

Retained earnings | 20 | 199,394 |  | 181,112 |  |

SHAREHOLDERS' FUNDS | 199,396 |  | 181,114 |  |

The financial statements were approved by the Board of Directors and authorised for issue on 19th May 2026 and were signed on its behalf by:

P R Thompson - Director

A G T Sumner - Director

PRECISE CONSULTANTS LIMITED (REGISTERED NUMBER: 08517073)

STATEMENT OF CHANGES IN EQUITY

for the Year Ended 30TH SEPTEMBER 2025

| Called up |

| share |  | Retained |  | Total

| capital |  | earnings |  | equity

£ | £ | £ |

Balance at 1st October 2023 | 2 |  | 153,702 |  | 153,704 |  |

Changes in equity

Dividends | - |  | (1,100,000 | ) | (1,100,000 | ) |

Total comprehensive income | - |  | 1,127,410 |  | 1,127,410 |  |

Balance at 30th September 2024 | 2 |  | 181,112 |  | 181,114 |  |

Changes in equity

Dividends | - |  | (1,120,000 | ) | (1,120,000 | ) |

Total comprehensive income | - |  | 1,138,282 |  | 1,138,282 |  |

Balance at 30th September 2025 | 2 |  | 199,394 |  | 199,396 |  |

PRECISE CONSULTANTS LIMITED (REGISTERED NUMBER: 08517073)

CASH FLOW STATEMENT

for the Year Ended 30TH SEPTEMBER 2025

| 30.9.25 |  | 30.9.24

| Notes | £ | £ |

Cash flows from operating activities

Cash generated from operations | 1 | 2,485,512 |  | 2,286,236 |  |

Interest paid | (41,040 | ) | (31,172 | ) |

Tax paid | (662,214 | ) | (219,301 | ) |

Net cash from operating activities | 1,782,258 |  | 2,035,763 |  |

Cash flows from investing activities

Purchase of tangible fixed assets | (14,103 | ) | (8,346 | ) |

Interest received | - |  | 6 |  |

Net cash from investing activities | (14,103 | ) | (8,340 | ) |

Cash flows from financing activities

Loan repayments in year | (50,000 | ) | (50,000 | ) |

Equity dividends paid | (1,120,000 | ) | (1,100,000 | ) |

Net cash from financing activities | (1,170,000 | ) | (1,150,000 | ) |

Increase in cash and cash equivalents | 598,155 |  | 877,423 |  |

Cash and cash equivalents at beginning of year | 2 | (3,807,882 | ) | (4,685,305 | ) |

Cash and cash equivalents at end of year | 2 | (3,209,727 | ) | (3,807,882 | ) |

PRECISE CONSULTANTS LIMITED (REGISTERED NUMBER: 08517073)

NOTES TO THE CASH FLOW STATEMENT

for the Year Ended 30TH SEPTEMBER 2025

1. | RECONCILIATION OF PROFIT BEFORE TAXATION TO CASH GENERATED FROM OPERATIONS

| 30.9.25 |  | 30.9.24

£ | £ |

| Profit before taxation | 1,529,266 |  | 1,518,961 |  |

| Depreciation charges | 10,664 |  | 14,106 |  |

| Loss on disposal of fixed assets | 155 |  | 533 |  |

| Amounts owed by/to the Group | 69,299 |  | 299,873 |  |

| Finance costs | 41,040 |  | 31,172 |  |

| Finance income | - |  | (6 | ) |

1,650,424 |  | 1,864,639 |  |

| Decrease in trade and other debtors | 1,456,227 |  | 187,303 |  |

| (Decrease)/increase in trade and other creditors | (621,139 | ) | 234,294 |  |

| Cash generated from operations | 2,485,512 |  | 2,286,236 |  |

2. | CASH AND CASH EQUIVALENTS

| The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

| Year ended 30th September 2025

| 30.9.25 |  | 1.10.24

£ | £ |

| Cash and cash equivalents | 225,484 |  | 560,865 |  |

| Bank overdrafts | (3,435,211 | ) | (4,368,747 | ) |

(3,209,727 | ) | (3,807,882 | ) |

| Year ended 30th September 2024

| 30.9.24 |  | 1.10.23

£ | £ |

| Cash and cash equivalents | 560,865 |  | 150,332 |  |

| Bank overdrafts | (4,368,747 | ) | (4,835,637 | ) |

(3,807,882 | ) | (4,685,305 | ) |

3. | ANALYSIS OF CHANGES IN NET DEBT

| At 1.10.24 | Cash flow | At 30.9.25

£ | £ | £ |

| Net cash |

| Cash at bank | 560,865 |  | (335,381 | ) | 225,484 |  |

| Bank overdrafts | (4,368,747 | ) | 933,536 |  | (3,435,211 | ) |

(3,807,882 | ) | 598,155 |  | (3,209,727 | ) |

| Debt

| Debts falling due within 1 year | (50,000 | ) | 4,167 |  | (45,833 | ) |

| Debts falling due after 1 year | (45,833 | ) | 45,833 |  | - |  |

(95,833 | ) | 50,000 |  | (45,833 | ) |

| Total | (3,903,715 | ) | 648,155 |  | (3,255,560 | ) |

PRECISE CONSULTANTS LIMITED (REGISTERED NUMBER: 08517073)

NOTES TO THE FINANCIAL STATEMENTS

for the Year Ended 30TH SEPTEMBER 2025

1. | STATUTORY INFORMATION

| Precise Consultants 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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| Turnover

| Turnover represents the income derived from the ordinary activities of the company, excluding value added tax.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Computer software is being amortised evenly over its estimated useful life of three years.

| 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 | - | 25% on reducing balance

| Computer equipment | - | 20% on cost

| Financial instruments

| Financial assets

| The Company's financial assets comprise basic financial instruments, being trade and other receivables and cash balances, that are categorised as being debt instruments measured at amortized cost.

| Trade and other receivables are measured initially at transaction price and thereafter at the undiscounted amount expected to be received, which is net of any impairment.

| Financial assets are derecognised when contractual rights to the cash flows from the financial asset expire or are settled, or when substantially all the risks and rewards of ownership have been transferred.

| An impairment loss is measured as the difference between an asset's carrying amount and the amount that the Company would receive for the asset if it were to be sold at the reporting date.

| Financial liabilities

| The Company's financial liabilities comprise basic financial instruments, being trade and other payables that are categorised as financial liabilities measured at amortised cost. These are initially recognised at transaction price and thereafter at the undiscounted amount expected to be paid.

| Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities.

| Loans payable are measured at amortised cost using the effective interest rate method. The unwinding of any discount is taken to profit or loss as interest expense and the unamortised balance is included in reserves.

| Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

| Offsetting

| Financial assets and liabilities are offset and the net amount reported in the Statement of Financial Position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

PRECISE CONSULTANTS LIMITED (REGISTERED NUMBER: 08517073)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 30TH SEPTEMBER 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 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.

| 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.

| Operating leasing commitments

| Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

3. | TURNOVER

| The turnover and profit before taxation are attributable to the one principal activity of the company.

| An analysis of turnover by geographical market is given below:

| 30.9.25 |  | 30.9.24

£ | £ |

| United Kingdom | 10,663,854 |  | 10,135,972 |  |

| Europe | 11,792,460 |  | 20,520,321 |  |

| International | 15,529,303 |  | 5,282,647 |  |

37,985,617 |  | 35,938,940 |  |

4. | EMPLOYEES AND DIRECTORS

| 30.9.25 |  | 30.9.24

£ | £ |

| Wages and salaries | 1,494,644 |  | 1,396,645 |  |

| Social security costs | 184,023 |  | 157,910 |  |

| Other pension costs | 33,573 |  | 20,705 |  |

1,712,240 |  | 1,575,260 |  |

| The average number of employees during the year was as follows:

| 30.9.25 |  | 30.9.24

| Average number of employees | 24 |  | 21 |  |

PRECISE CONSULTANTS LIMITED (REGISTERED NUMBER: 08517073)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 30TH SEPTEMBER 2025

4. | EMPLOYEES AND DIRECTORS - continued

| 30.9.25 |  | 30.9.24

£ | £ |

| Directors' remuneration | 18,855 |  | 25,140 |  |

5. | OPERATING PROFIT

| The operating profit is stated after charging/(crediting):

| 30.9.25 |  | 30.9.24

£ | £ |

| Depreciation - owned assets | 10,663 |  | 14,106 |  |

| Loss on disposal of fixed assets | 155 |  | 533 |  |

| Foreign exchange differences | (6,476 | ) | 21,308 |  |

| Auditor's remuneration | 17,632 |  | 15,457 |  |

6. | INTEREST PAYABLE AND SIMILAR EXPENSES |

| 30.9.25 |  | 30.9.24

£ | £ |

| Bank loan interest | 6,270 |  | 11,362 |  |

| Interest on taxation | 34,770 |  | 19,810 |  |

41,040 |  | 31,172 |  |

7. | TAXATION

| Analysis of the tax charge

| The tax charge on the profit for the year was as follows:

| 30.9.25 |  | 30.9.24

£ | £ |

| Current tax:

| UK corporation tax | 390,163 |  | 393,124 |  |

| Deferred tax | 821 |  | (1,573 | ) |

| Tax on profit | 390,984 |  | 391,551 |  |

| Reconciliation of total tax charge included in profit and loss

| The tax assessed for the year is higher than the standard rate of corporation tax in the UK. The difference is explained below:

| 30.9.25 |  | 30.9.24

£ | £ |

| Profit before tax | 1,529,266 |  | 1,518,961 |  |

| Profit multiplied by the standard rate of corporation tax in the UK of 25% (2024 - 25%) | 382,317 |  | 379,740 |  |

| Effects of:

| Expenses not deductible for tax purposes | 12,545 |  | 16,440 |  |

| Income not taxable for tax purposes | - |  | (1 | ) |

| Capital allowances | (2,587 | ) | (2,087 | ) |

| Group relief | (2,146 | ) | (1,101 | ) |

| Asset disposal | 34 |  | 133 |  |

| Deferred tax | 821 |  | (1,573 | ) |

| Total tax charge | 390,984 |  | 391,551 |  |

PRECISE CONSULTANTS LIMITED (REGISTERED NUMBER: 08517073)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 30TH SEPTEMBER 2025

8. | DIVIDENDS

| 30.9.25 |  | 30.9.24

£ | £ |

| A Ordinary 0.00001p shares of 0.001p each |

| Interim | 1,120,000 |  | 1,100,000 |  |

9. | JUDGEMENTS IN ACCOUNTING POLICIES AND KEY SOURCES OF ESTIMATION UNCERTAIN

| The preparation of the financial statements requires management to make judgements, estimates and

| assumptions that affect the amounts reported for assets and liabilities as at the date of the Balance Sheet and the amounts reported for revenue and expenses during the year.

| Critical judgements in applying the entity's accounting policies

| The Directors have not been required to apply any critical judgements in applying the accounting policies.

| Critical accounting estimates and assumptions

| The Company makes estimates and assumptions concerning the future. The resulting accounting estimates may not equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amount of the assets and liabilities within the next financial year are addressed below.

| Useful economic lives and residual values of non-financial assets

| The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic

| lives and residual values of the assets. The useful economic lives and residual values are reassessed annually. They are amended when necessary to reflect current estimates, based on technological advancement, economic utilization and the physical condition of the assets. See note 11 for the carrying amount of the non-financial assets, and note 2 for the useful economic lives for each class of assets.

| Impairment of debtors

| The Company makes an estimate of the recoverable value of trade and other debtors. When assessing

| impairment of trade and other debtors, management considers factors including the current credit rating of the debtor, the ageing profile of the debtors and historical experience.

10. | INTANGIBLE FIXED ASSETS

| Computer

| software

£ |

| COST

| At 1st October 2024

| and 30th September 2025 | 7,000 |  |

| AMORTISATION

| At 1st October 2024

| and 30th September 2025 | 7,000 |  |

| NET BOOK VALUE

| At 30th September 2025 | - |  |

| At 30th September 2024 | - |  |

PRECISE CONSULTANTS LIMITED (REGISTERED NUMBER: 08517073)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 30TH SEPTEMBER 2025

11. | TANGIBLE FIXED ASSETS

| Fixtures |

| Short |  | and |  | Computer |

| leasehold |  | fittings |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1st October 2024 | 8,248 |  | 10,935 |  | 53,378 |  | 72,561 |  |

| Additions | 3,755 |  | - |  | 10,348 |  | 14,103 |  |

| Disposals | - |  | - |  | (1,551 | ) | (1,551 | ) |

| At 30th September 2025 | 12,003 |  | 10,935 |  | 62,175 |  | 85,113 |  |

| DEPRECIATION

| At 1st October 2024 | 7,830 |  | 10,281 |  | 38,613 |  | 56,724 |  |

| Charge for year | 418 |  | 76 |  | 10,169 |  | 10,663 |  |

| Eliminated on disposal | - |  | - |  | (1,397 | ) | (1,397 | ) |

| At 30th September 2025 | 8,248 |  | 10,357 |  | 47,385 |  | 65,990 |  |

| NET BOOK VALUE

| At 30th September 2025 | 3,755 |  | 578 |  | 14,790 |  | 19,123 |  |

| At 30th September 2024 | 418 |  | 654 |  | 14,765 |  | 15,837 |  |

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

| 30.9.25 |  | 30.9.24

£ | £ |

| Trade debtors | 5,156,005 |  | 7,634,173 |  |

| Amounts owed by group undertakings | 586,398 |  | 655,699 |  |

| Other debtors | 8,698 |  | 28,773 |  |

| Tax | 4,890 |  | 4,890 |  |

| Accrued income | 1,783,299 |  | 774,468 |  |

| Prepayments | 131,043 |  | 97,858 |  |

7,670,333 |  | 9,195,861 |  |

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

| 30.9.25 |  | 30.9.24

£ | £ |

| Bank loans and overdrafts (see note 15) | 3,481,044 |  | 4,418,747 |  |

| Trade creditors | 3,307,581 |  | 3,448,867 |  |

| Corporation tax | 322,979 |  | 595,030 |  |

| Social security and other taxes | 52,099 |  | 56,692 |  |

| Pension liability | 8,376 |  | 8,361 |  |

| VAT | 67,289 |  | 206,621 |  |

| Other creditors | 18,132 |  | 43,703 |  |

| Credit card | 6,063 |  | 19,230 |  |

| Accrued expenses | 447,201 |  | 744,406 |  |

7,710,764 |  | 9,541,657 |  |

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

| 30.9.25 |  | 30.9.24

£ | £ |

| Bank loans (see note 15) | - |  | 45,833 |  |

PRECISE CONSULTANTS LIMITED (REGISTERED NUMBER: 08517073)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 30TH SEPTEMBER 2025

15. | LOANS

| An analysis of the maturity of loans is given below:

| 30.9.25 |  | 30.9.24

£ | £ |

| Amounts falling due within one year or on demand:

| Bank overdrafts | 3,435,211 |  | 4,368,747 |  |

| Bank loans | 45,833 |  | 50,000 |  |

3,481,044 |  | 4,418,747 |  |

| Amounts falling due between one and two years:

| Bank loans - 1-2 years | - |  | 45,833 |  |

16. | LEASING AGREEMENTS

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

| 30.9.25 |  | 30.9.24

£ | £ |

| Within one year | 64,688 |  | 52,215 |  |

| Between one and five years | 78,750 |  | 143,438 |  |

143,438 |  | 195,653 |  |

| The rent lease agreement has a 6 months break clause.

17. | SECURED DEBTS

| The following secured debts are included within creditors:

| 30.9.25 |  | 30.9.24

£ | £ |

| Bank overdrafts | 3,435,211 |  | 4,368,747 |  |

| Bank loans | 45,833 |  | 95,833 |  |

3,481,044 |  | 4,464,580 |  |

| Rbs Invoice Finance LTD has a fixed and floating charge over the company.

| HSBC coronavirus business interruption loan has a fixed charge over the company.

18. | PROVISIONS FOR LIABILITIES

| 30.9.25 |  | 30.9.24

£ | £ |

| Deferred tax

| Accelerated capital allowances | 4,780 |  | 3,959 |  |

| Deferred |

| tax |

£ |

| Balance at 1st October 2024 | 3,959 |  |

| Provided during year | 821 |  |

| Accelerated capital allowances |

| Balance at 30th September 2025 | 4,780 |  |

PRECISE CONSULTANTS LIMITED (REGISTERED NUMBER: 08517073)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 30TH SEPTEMBER 2025

19. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: |  | Class: |  | Nominal |  | 30.9.25 |  |  | 30.09.24 |

|  | value: |  | £ |  |  | £ |

| 100,000 |  | 'A' Ordinary |  | 0.00001p |  | 1 |  |  | 1 |

| 100,000 |  | 'B' Ordinary |  | 0.00001p |  | 1 |  |  | 1 |

| 20,000 |  | VN |  | 0.00001p |  | 0.20 |  |  | 0.15 |

|  | 2.20 |  |  | 2.15 |

| The following shares were issued during the year for cash at par:

| 5,000 VN shares of 0.00001p

20. | RESERVES

| Retained

| earnings

£ |

| At 1st October 2024 | 181,112 |  |

| Profit for the year | 1,138,282 |  |

| Dividends | (1,120,000 | ) |

| At 30th September 2025 | 199,394 |  |

21. | CONTROLLING PARTY

| The controlling party is TE Investment Group Holdings Limited.

| There is no ultimate controlling party.

22. | LOANS

| The Company received a coronavirus business interruption loan from HSBC Ltd dated 6 July 2020 for the amount of £250,000. The loan was interest free for the first 12 months and has a term of 6 years. See note 15.

23. | RELATED PARTY

| At the balance sheet date TE Investment Group Holdings Limited (Holding Company) owed, Precise Consultants Limited £324,307 (2024 : £417,727) as an inter-company loan.

| At the balance sheet date Precise Consulting SG PTE Ltd (Owned by TE Investment Group Holdings Limited) owed, Precise Consultants Limited £262,091 (2024 : £237,972) as an inter-company loan.

24. | KEY MANAGEMENT PERSONNEL

| There are no individuals other than the Directors who are considered to be key management personnel.