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REGISTERED NUMBER: 11558096 (England and Wales)

MITACRON LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

| MITACRON LIMITED (REGISTERED NUMBER: 11558096) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| MITACRON LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 30 SEPTEMBER 2025

| Directors: | T J Noel

| M Whitehouse

| Registered office: | C/O Venthams Limited

| Unit 8, Phoenix House

| Redhill Aerodrome, Kings Mill Lane

| Redhill

| Surrey

| RH1 5JY

| Registered number: | 11558096 (England and Wales)

| Accountants: | Venthams Limited

| Chartered Accountants

| Phoenix House

| Redhill Aerodrome

| Kings Mill Lane

| Redhill

| Surrey

| RH1 5JY

| MITACRON LIMITED (REGISTERED NUMBER: 11558096) |

BALANCE SHEET

30 SEPTEMBER 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

Fixed assets

Tangible assets | 4 | 60,262 |  | 6,080 |  |

Current assets

Debtors | 5 | 586,473 |  | 99,806 |  |

Cash at bank | 270,026 |  | 22,163 |  |

856,499 |  | 121,969 |  |

Creditors

Amounts falling due within one year | 6 | 772,758 |  | 122,098 |  |

Net current assets/(liabilities) | 83,741 |  | (129 | ) |

Total assets less current liabilities | 144,003 |  | 5,951 |  |

Creditors

Amounts falling due after more than one year | 7 | (39,945 | ) | - |  |

Provisions for liabilities | (15,066 | ) | (1,571 | ) |

Net assets | 88,992 |  | 4,380 |  |

Capital and reserves

Called up share capital | 100 |  | 100 |  |

Retained earnings | 88,892 |  | 4,280 |  |

88,992 |  | 4,380 |  |

| MITACRON LIMITED (REGISTERED NUMBER: 11558096) |

BALANCE SHEET - continued

30 SEPTEMBER 2025

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 June 2026 and were signed on its behalf by:

M Whitehouse - Director

T J Noel - Director

| MITACRON LIMITED (REGISTERED NUMBER: 11558096) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

1. | Statutory information

| Mitacron 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.

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.

| Revenue

| Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

| Rendering of services

| Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

| - the amount of revenue can be measured reliably;

| - it is probable that the company will receive the consideration due under the contract;

| - the stage of completion of the contract at the end of the reporting period can be measured reliably; and

| - the costs incurred and the costs to complete the contract can be measured reliably.

| Tangible fixed assets

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

| Fixtures and fittings | - | 25% on reducing balance

| Computer equipment | - | 25% on reducing balance

| Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

| The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

| Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

| MITACRON LIMITED (REGISTERED NUMBER: 11558096) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 SEPTEMBER 2025

2. | Accounting policies - continued

| Financial instruments

| The company has elected to apply the provisions of Section 11 "Basic Financial Instruments" of FRS 102 to all of its financial instruments.

| Financial instruments are recognised in the company's Balance Sheet when the company becomes party to the contractual provisions of the instrument.

| Basic financial assets

| Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

| Discounting is omitted where the effect of discounting is immaterial. The company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

| Basic financial liabilities

| Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after the deduction of all its liabilities.

| Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.

| Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

| MITACRON LIMITED (REGISTERED NUMBER: 11558096) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 SEPTEMBER 2025

2. | Accounting policies - continued

| 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.

| Hire purchase and leasing commitments

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

| Pension costs and other post-retirement benefits

| The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

| The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the company in independently administered funds.

3. | Employees and directors

| The average number of employees during the year was 7 (2024 - 6 ) .

| MITACRON LIMITED (REGISTERED NUMBER: 11558096) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 SEPTEMBER 2025

4. | Tangible fixed assets

| Fixtures |

| and |  | Motor |  | Computer |

| fittings |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ |

| Cost

| At 1 October 2024 | 221 |  | - |  | 14,167 |  | 14,388 |  |

| Additions | - |  | 61,240 |  | 5,154 |  | 66,394 |  |

| At 30 September 2025 | 221 |  | 61,240 |  | 19,321 |  | 80,782 |  |

| Depreciation

| At 1 October 2024 | 136 |  | - |  | 8,172 |  | 8,308 |  |

| Charge for year | 21 |  | 10,207 |  | 1,984 |  | 12,212 |  |

| At 30 September 2025 | 157 |  | 10,207 |  | 10,156 |  | 20,520 |  |

| Net book value

| At 30 September 2025 | 64 |  | 51,033 |  | 9,165 |  | 60,262 |  |

| At 30 September 2024 | 85 |  | - |  | 5,995 |  | 6,080 |  |

5. | Debtors: amounts falling due within one year |

2025 | 2024 |

£ | £ |

| Trade debtors | 146,557 |  | 25,441 |  |

| Amounts owed by group undertakings | 10,853 |  | 7,580 |  |

| Other debtors | 429,063 |  | 66,785 |  |

586,473 |  | 99,806 |  |

6. | Creditors: amounts falling due within one year |

2025 | 2024 |

£ | £ |

| Trade creditors | 52,406 |  | - |  |

| Amounts owed to group undertakings | 9,849 |  | 9,849 |  |

| Taxation and social security | 105,796 |  | 57,297 |  |

| Other creditors | 604,707 |  | 54,952 |  |

772,758 |  | 122,098 |  |

7. | Creditors: amounts falling due after more than one year |

2025 | 2024 |

£ | £ |

| Other creditors | 39,945 |  | - |  |

| MITACRON LIMITED (REGISTERED NUMBER: 11558096) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 SEPTEMBER 2025

8. | Related party disclosures

| At the balance sheet date £10,853 (2024: £7,580) is owed from Mitacron LLC, a company of which M

| Whitehouse is also a director.

| At the balance sheet date £9,849 (2024: £9,849) is owed from Insparina Limited, a company of which M

| Whitehouse is also a director and shareholder.