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REGISTERED NUMBER: 00939767 (England and Wales)

| AUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 MARCH 2026 |

| FOR |

| JANOME UK LTD |

| JANOME UK LTD (REGISTERED NUMBER: 00939767) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

| Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |  | to |  | 6

| JANOME UK LTD |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2026

| DIRECTORS: | G Kato

| D S C Shepherd

| M Sumii

| SECRETARY: | G Frake

| REGISTERED OFFICE: | Janome Centre

| Southside

| Bredbury

| Stockport

| SK6 2SP

| REGISTERED NUMBER: | 00939767 (England and Wales)

| AUDITORS: | Allens Accountants Limited

| Registered Auditors and

| Chartered Accountants

| 123 Wellington Road South

| Stockport

| Cheshire

| SK1 3TH

| JANOME UK LTD (REGISTERED NUMBER: 00939767) |

BALANCE SHEET

31 MARCH 2026

| 2026 | 2025 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 96,009 |  | 136,505 |  |

CURRENT ASSETS

Stocks | 2,401,782 |  | 4,258,235 |  |

Debtors | 5 | 1,133,155 |  | 951,344 |  |

Cash at bank and in hand | 2,060,290 |  | 889,552 |  |

5,595,227 |  | 6,099,131 |  |

CREDITORS

Amounts falling due within one year | 6 | 2,041,213 |  | 2,627,682 |  |

NET CURRENT ASSETS | 3,554,014 |  | 3,471,449 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 3,650,023 |  | 3,607,954 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 1,500,000 |  | 1,500,000 |  |

Retained earnings | 2,150,023 |  | 2,107,954 |  |

SHAREHOLDERS' FUNDS | 3,650,023 |  | 3,607,954 |  |

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 30 June 2026 and were signed on its behalf by:

G Kato - Director

| JANOME UK LTD (REGISTERED NUMBER: 00939767) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

1. | STATUTORY INFORMATION

| Janome Uk Ltd 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.

| Going concern

| After reviewing the Company's financial position, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future being a period of not less than 12 months from the date of approval of these financial statements. The Company therefore continues to adopt the going concern basis in preparing the financial statements.

| Significant judgements and estimates

| Preparation of the financial statements requires management to make significant judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses for the year. However, the nature of estimation means that actual outcomes could differ from those 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 if revision only affects that period, or in the period of the revision and future periods if the revision affects both current and future periods.

| The directors do not consider there to be any significant judgements and estimates that require disclosure.

| Turnover

| Turnover represents the amounts (excluding value added tax) derived from the provision of goods and services to customers during the year. Turnover and profit on ordinary activities before taxation is wholly attributable to the Company's principal activity which is the sale of sewing machines and associated products and arose in the UK. Revenue is recognised when goods are delivered to the customer. The Company operates in only one geographical and business segment and therefore a segmental report has not been prepared.

| Income in respect of extended warranties on products purchased is credited to a deferred income account and released to the profit and loss account over the life of the extended warranty period in equal annual instalments.

| Tangible fixed assets

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

| Land and buildings | - | over the period of the lease

| Plant and machinery etc | - | 33% on cost and 25% on cost

| Stocks

| Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is based on the first-in first-out principle and includes expenditure incurred in acquiring the stocks, production or conversion costs and other costs in bringing them to their existing location and condition.

| JANOME UK LTD (REGISTERED NUMBER: 00939767) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

2. | ACCOUNTING POLICIES - continued

| 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.

| 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

| A defined contribution plan is a post-employment benefit plan under which the company pays fixed contributions into a separate entity and will have no legal or constructive obligation to pay further amounts. Obligations for contributions to defined contribution pension plans are recognised as an expense in the profit and loss account in the periods during which services are rendered by employees.

| Trade and other debtors/creditors

| Trade and other debtors are recognised initially at transaction price less attributable transaction costs. Trade and other creditors are recognised initially at transaction price plus attributable transaction costs. Subsequent to initial recognition they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade debtors. If the arrangement constitutes a financing transaction, for example if payment is deferred beyond normal business terms, then it is measured at the present value of future payments discounted at a market rate of interest for a similar debt instrument.

| Dividends

| Dividends unpaid at the balance sheet date are only recognised as a liability at that date to the extent that they are appropriately authorised and are no longer at the discretion of the Company. Unpaid dividends that do not meet these criteria are disclosed in the notes to the financial statements.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 24 (2025 - 20 ) .

| JANOME UK LTD (REGISTERED NUMBER: 00939767) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

4. | TANGIBLE FIXED ASSETS

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST

| At 1 April 2025 | 104,199 |  | 513,330 |  | 617,529 |  |

| Additions | - |  | 8,457 |  | 8,457 |  |

| At 31 March 2026 | 104,199 |  | 521,787 |  | 625,986 |  |

| DEPRECIATION

| At 1 April 2025 | 104,199 |  | 376,825 |  | 481,024 |  |

| Charge for year | - |  | 48,953 |  | 48,953 |  |

| At 31 March 2026 | 104,199 |  | 425,778 |  | 529,977 |  |

| NET BOOK VALUE

| At 31 March 2026 | - |  | 96,009 |  | 96,009 |  |

| At 31 March 2025 | - |  | 136,505 |  | 136,505 |  |

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

2026 | 2025 |

£ | £ |

| Trade debtors | 1,037,365 |  | 860,924 |  |

| Other debtors | 95,790 |  | 90,420 |  |

1,133,155 |  | 951,344 |  |

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

2026 | 2025 |

£ | £ |

| Bank loans and overdrafts | - |  | 135,015 |  |

| Trade creditors | 90,961 |  | 1,002 |  |

| Amounts owed to group undertakings | 1,472,697 |  | 2,106,395 |  |

| Taxation and social security | 318,820 |  | 83,938 |  |

| Other creditors | 158,735 |  | 301,332 |  |

2,041,213 |  | 2,627,682 |  |

7. | LEASING AGREEMENTS

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

2026 | 2025 |

£ | £ |

| Within one year | 193,568 |  | 193,568 |  |

| Between one and five years | 129,045 |  | 322,613 |  |

322,613 |  | 516,181 |  |

| JANOME UK LTD (REGISTERED NUMBER: 00939767) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

8. | DEFERRED TAX

£ |

| Balance at 1 April 2025 | (23,704 | ) |

| Credit to Statement of Income and Retained Earnings during year | (5,598 | ) |

| Balance at 31 March 2026 | (29,302 | ) |

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2026 | 2025 |

| value: | £ | £ |

| 1,500,000 | Ordinary | £1 | 1,500,000 |  | 1,500,000 |  |

10. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

| The Report of the Auditors was unqualified.

| Dean McMullan (Senior Statutory Auditor)

| for and on behalf of Allens Accountants Limited

11. | CONTINGENT LIABILITIES

| The Company has a guarantee of £150,000 (2025: £150,000) in favour of HM Customs and Excise.

| A bank overdraft is secured by a debenture dated 13 April 2005 over stock and debtors of Janome UK Limited and Janome GB Limited, Janome Centre, Southside, Stockport. Interest on overdraft is charged at 1.9% per annum above the bank of England base rate.

12. | ULTIMATE CONTROLLING PARTY

| The Company is a subsidiary undertaking of Janome Sewing Machine Company Limited, which is the ultimate parent Company incorporated in Japan and which is the smallest and largest group in which the Janome UK Ltd results are consolidated. The consolidated accounts are available to the public and may be obtained from the registered Janome Corporation, 1463 Hazana-Machi, Hachioji-City, Tokyo, 193- 0941, Japan.