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REGISTERED NUMBER: NI037530 (Northern Ireland)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 DECEMBER 2025 |

| FOR |

| MITRE TRUST SHOP LIMITED |

MITRE TRUST SHOP LIMITED (REGISTERED NUMBER: NI037530)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

| Page |

Company Information | 1 |

Balance Sheet | 2 |  | to |  | 3

Notes to the Financial Statements | 4 |  | to |  | 6

MITRE TRUST SHOP LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2025

| DIRECTORS: | R McClure

| Mrs E P Humphreys

| M G McMullan

| REGISTERED OFFICE: | 17 Clarendon Road

| Belfast

| BT1 3BG

| REGISTERED NUMBER: | NI037530 (Northern Ireland)

| ACCOUNTANTS: | Baker Tilly Mooney Moore

| Chartered Certified Accountants

| 17 Clarendon Road

| Clarendon Dock

| Belfast

| BT1 3BG

| BANKERS: | Danske Bank

| Donegall Square West

| Belfast

| BT1 6JS

MITRE TRUST SHOP LIMITED (REGISTERED NUMBER: NI037530)

BALANCE SHEET

31 DECEMBER 2025

| 31.12.25 | 31.12.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 6,431 |  | - |  |

CURRENT ASSETS

Stocks | 3,714 |  | 3,694 |  |

Debtors | 5 | 2,175 |  | 635 |  |

Cash at bank and in hand | 28,826 |  | 29,376 |  |

34,715 |  | 33,705 |  |

CREDITORS

Amounts falling due within one year | 6 | 21,439 |  | 19,950 |  |

NET CURRENT ASSETS | 13,276 |  | 13,755 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 19,707 |  | 13,755 |  |

PROVISIONS FOR LIABILITIES | 1,222 |  | - |  |

NET ASSETS | 18,485 |  | 13,755 |  |

CAPITAL AND RESERVES

Called up share capital | 1 |  | 1 |  |

Retained earnings | 18,484 |  | 13,754 |  |

18,485 |  | 13,755 |  |

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.

MITRE TRUST SHOP LIMITED (REGISTERED NUMBER: NI037530)

BALANCE SHEET - 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 26 May 2026 and were signed on its behalf by:

R McClure - Director

MITRE TRUST SHOP LIMITED (REGISTERED NUMBER: NI037530)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1. | STATUTORY INFORMATION

| Mitre Trust Shop Limited is a private company, limited by shares , registered in Northern Ireland. 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.

| Significant judgements and estimates

| No significant judgements have had to be made by management in preparing these financial statements.

| Gift aid payment to parent charity

| The company pays all of its taxable profits for the reporting period to Mitre Trust, its parent charity, under the gift aid scheme. These gift aid payments are recognised as distributions to owners in equity within retained earnings in the year they were paid.

| Turnover

| Turnover represents sales of goods excluding value added tax.

| Tangible fixed assets

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

| Stocks

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

| Financial instruments

| The company only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

| Short term debtors and creditors

| Debtors and creditors with no stated interest rate and are receivable or payable on demand are recognised at transaction price, and subject to annual impairment reviews. Any losses arising on impairment are recognised in the profit and loss account.

| Cash and cash equivalents

| Cash and cash equivalents comprise cash at bank and in hand.

| 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.

MITRE TRUST SHOP LIMITED (REGISTERED NUMBER: NI037530)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 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.

3. | EMPLOYEES AND DIRECTORS

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

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| Additions | 6,493 |  |

| At 31 December 2025 | 6,493 |  |

| DEPRECIATION

| Charge for year | 62 |  |

| At 31 December 2025 | 62 |  |

| NET BOOK VALUE

| At 31 December 2025 | 6,431 |  |

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

| 31.12.25 |  | 31.12.24

£ | £ |

| Other debtors | 2,175 |  | 635 |  |

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

| 31.12.25 |  | 31.12.24

£ | £ |

| Trade creditors | 10,263 |  | 1,284 |  |

| Amounts owed to group undertakings | 8,887 |  | 15,695 |  |

| Taxation and social security | 141 |  | 773 |  |

| Other creditors | 2,148 |  | 2,198 |  |

21,439 |  | 19,950 |  |

MITRE TRUST SHOP LIMITED (REGISTERED NUMBER: NI037530)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

7. | 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.

8. | ULTIMATE CONTROLLING PARTY

| The company's ultimate parent company is Mitre Trust, a company incorporated in Northern Ireland. The financial statements of Mitre Trust are available to the public and can be accessed at Companies House, Belfast.