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REGISTERED NUMBER: 07866627 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE PERIOD 1 JANUARY 2026 TO 30 JUNE 2026 |

| FOR |

| MASELLI UK LIMITED |

MASELLI UK LIMITED (REGISTERED NUMBER: 07866627)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE PERIOD 1 JANUARY 2026 TO 30 JUNE 2026

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

MASELLI UK LIMITED

COMPANY INFORMATION

FOR THE PERIOD 1 JANUARY 2026 TO 30 JUNE 2026

| DIRECTOR: | Mr M Marlow

| REGISTERED OFFICE: | 5 Giffard Court

| Millbrook Close

| Northampton

| NN5 5JF

| REGISTERED NUMBER: | 07866627 (England and Wales)

| ACCOUNTANTS: | Cube Partners Limited

| Chartered Accountants

| 5 Giffard Court

| Millbrook Close

| Northampton

| Northamptonshire

| NN5 5JF

MASELLI UK LIMITED (REGISTERED NUMBER: 07866627)

BALANCE SHEET

30 JUNE 2026

| 2026 | 2025 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | - |  | 189 |  |

- |  | 189 |  |

CURRENT ASSETS

Stocks | - |  | 3,669 |  |

Debtors | 6 | 181,519 |  | 51,959 |  |

Cash at bank | - |  | 208,961 |  |

181,519 |  | 264,589 |  |

CREDITORS

Amounts falling due within one year | 7 | - |  | 32,982 |  |

NET CURRENT ASSETS | 181,519 |  | 231,607 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 181,519 |  | 231,796 |  |

CAPITAL AND RESERVES

Called up, fully paid share capital | 100 |  | 100 |  |

Retained earnings | 181,419 |  | 231,696 |  |

SHAREHOLDERS' FUNDS | 181,519 |  | 231,796 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 1 July 2026 and were signed by:

Mr M Marlow - Director

MASELLI UK LIMITED (REGISTERED NUMBER: 07866627)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD 1 JANUARY 2026 TO 30 JUNE 2026

1. | STATUTORY INFORMATION

| Maselli UK 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

| As disclosed in the directors report, the company has ceased trading. The financial statements have therefore been prepared on a break up basis. Assets of the company have been written down to their recoverable amount and provision has been made for all future liabilities.

| Significant judgements and estimates

| In the application of the company's accounting policies, the directors are required to make judgments, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

| The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Turnover is measured at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of value added tax and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates. For sales of goods, the turnover is shown net of distribution and carriage charges.

| Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer, when the amount of revenue can be measured reliably, when it is probable that the associated economic benefits will flow to the entity and when the costs incurred or to be incurred in respect of the transactions can be measured reliably.

| Revenue for the sale of services is recognised when the outcome of the contract can be reliably measured.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised

| evenly over its estimated useful life of five years.

| 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.

| Tangible fixed assets

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

| Plant and machinery | - | 25% on cost

| Computer equipment | - | 25% on cost

| Tangible fixed assets are stated at historical cost less accumulated depreciation. Cost includes the original purchase price of the asset and the costs attributable to bringing the asset to its working condition for its intended use.

| Impairment of fixed assets

| At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

MASELLI UK LIMITED (REGISTERED NUMBER: 07866627)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 1 JANUARY 2026 TO 30 JUNE 2026

2. | ACCOUNTING POLICIES - continued

| 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

| Cash and cash equivalents in the balance sheet comprise cash at banks and in hand and short term deposits with an original maturity date of three months or less.

| Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the statement of comprehensive income and under administrative expenses.

| 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 entity after deducting all of its financial liabilities.

| Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

| Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

| 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was 1 (2025 - 1 ) .

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 January 2026 | 30,000 |  |

| Disposals | (30,000 | ) |

| At 30 June 2026 | - |  |

| AMORTISATION

| At 1 January 2026 | 30,000 |  |

| Eliminated on disposal | (30,000 | ) |

| At 30 June 2026 | - |  |

| NET BOOK VALUE

| At 30 June 2026 | - |  |

| At 31 December 2025 | - |  |

MASELLI UK LIMITED (REGISTERED NUMBER: 07866627)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 1 JANUARY 2026 TO 30 JUNE 2026

5. | TANGIBLE FIXED ASSETS

| Plant and |  | Computer |

| machinery |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 January 2026 | 844 |  | 1,365 |  | 2,209 |  |

| Disposals | (844 | ) | (1,365 | ) | (2,209 | ) |

| At 30 June 2026 | - |  | - |  | - |  |

| DEPRECIATION

| At 1 January 2026 | 844 |  | 1,176 |  | 2,020 |  |

| Charge for period | - |  | 189 |  | 189 |  |

| Eliminated on disposal | (844 | ) | (1,365 | ) | (2,209 | ) |

| At 30 June 2026 | - |  | - |  | - |  |

| NET BOOK VALUE

| At 30 June 2026 | - |  | - |  | - |  |

| At 31 December 2025 | - |  | 189 |  | 189 |  |

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

2026 | 2025 |

£ | £ |

| Trade debtors | - |  | 42,999 |  |

| Other debtors | 181,519 |  | 8,960 |  |

181,519 |  | 51,959 |  |

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

2026 | 2025 |

£ | £ |

| Trade creditors | - |  | 9,991 |  |

| Taxation and social security | - |  | 20,287 |  |

| Other creditors | - |  | 2,704 |  |

- |  | 32,982 |  |

8. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the period ended 30 June 2026 and the year ended 31 December 2025:

2026 | 2025 |

£ | £ |

| Mr M Marlow

| Balance outstanding at start of period | 8,960 |  | - |  |

| Amounts advanced | 182,286 |  | 8,960 |  |

| Amounts repaid | (10,501 | ) | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of period | 180,745 |  | 8,960 |  |