UK Greenmouse Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—4

1. General Information

UK Greenmouse Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14524409 . The registered office is 2 Willesley Warren Farm Cottages, Willesley Warren, Overton, Basingstoke, RG25 3EH.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Stocks and Work in Progress

Inventories are stated at the lower of cost and estimated selling price less costs to complete and sell. Inventories are

recognised as an expense in the period in which the related revenue is recognised.

Cost is determined on the first-in, first-out (FIFO) method. Cost includes the purchase price, including taxes and duties and

transport and handling directly attributable to bringing the inventory to its present location and condition.

At the end of each reporting period inventories are assessed for impairment. If an item of inventory is impaired, the identified

inventory is reduced to its selling price less costs to complete and sell and an impairment charge is recognised in the profit and

loss account. Where a reversal of the impairment is required the impairment charge is reversed, up to the original impairment

loss, and is recognised as a credit in the profit and loss account.

2.4. Foreign Currencies

Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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UK Greenmouse Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.5. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.6. Cash

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

2.7. Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

2.8. Creditors

Trade creditors 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 the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Stocks

	2025	2024
	£	£
Stock	5,255	4,500

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	12,269	1,091

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	153	1,383
Taxation and social security	3,218	2,416

	3,371	3,799

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UK Greenmouse Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,000	1,000

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

8. Ultimate Parent Undertaking and Controlling Party

The company's immediate and ultimate parent undertaking is JoSaNo Holding BV . JoSaNo Holding BV was incorporated in Netherlands. Copies of the group accounts may be obtained from the secretary, Marsweg 38, 8013 PD, Zwolle, Netherlands . The ultimate controlling party is JoSaNo Holding BV who controls 100% of the shares of UK Greenmouse Limited .

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		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	5,255		4,500
Debtors	5	12,269		1,091
Cash at bank and in hand		19,265		23,215

		36,789		28,806
Creditors: Amounts Falling Due Within One Year	6	(3,371 )		(3,799 )

NET CURRENT ASSETS (LIABILITIES)			33,418		25,007

TOTAL ASSETS LESS CURRENT LIABILITIES			33,418		25,007

NET ASSETS			33,418		25,007

CAPITAL AND RESERVES
Called up share capital	7		1,000		1,000
Share premium account			3,000		3,000
Profit and Loss Account			29,418		21,007

SHAREHOLDERS' FUNDS			33,418		25,007