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REGISTERED NUMBER: SC568155 (Scotland)

Unaudited Financial Statements for the Year Ended 28th February 2026

for

Wild Shore Holdings Ltd

Wild Shore Holdings Ltd (Registered number: SC568155)

Contents of the Financial Statements

for the Year Ended 28th February 2026

Page |

Company Information | 1 |

Report of the Accountants | 2 |

Balance Sheet | 3 |

Notes to the Financial Statements | 5 |

Wild Shore Holdings Ltd

Company Information

for the Year Ended 28th February 2026

| DIRECTORS: | Mr A M Gillies

| Mr J D Barbour

| Mr N J Anderson

| Mr Z Hegarty

| REGISTERED OFFICE: | 5 Atholl Crescent

| Edinburgh

| EH3 8EJ

| REGISTERED NUMBER: | SC568155 (Scotland)

| ACCOUNTANTS: | McLaughlin Crolla LLP

| 77/2 Hanover Street

| Edinburgh

| EH2 1EE

| SOLICITORS: | Gillespie McAndrew LLP

| 5 Atholl Crescent

| Edinburgh

| EH3 8EJ

Wild Shore Holdings Ltd

Report of the Accountants to the Directors of

Wild Shore Holdings Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 28th February 2026 set out on pages five to fourteen and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

McLaughlin Crolla LLP

77/2 Hanover Street

Edinburgh

EH2 1EE

24th June 2026

Wild Shore Holdings Ltd (Registered number: SC568155)

Balance Sheet

28th February 2026

| 2026 | 2025 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 15,928 |  | 19,898 |  |

Tangible assets | 5 | 704,374 |  | 707,845 |  |

Investments | 6 | 906 |  | 905 |  |

721,208 |  | 728,648 |  |

CURRENT ASSETS

Stocks | 10,152 |  | 10,152 |  |

Debtors | 7 | 1,092,517 |  | 866,462 |  |

Cash at bank | 228,575 |  | 295,539 |  |

1,331,244 |  | 1,172,153 |  |

CREDITORS

Amounts falling due within one year | 8 | 472,411 |  | 343,932 |  |

NET CURRENT ASSETS | 858,833 |  | 828,221 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,580,041 |  | 1,556,869 |  |

CREDITORS

Amounts falling due after more than one year | 9 | - |  | 9,819 |  |

NET ASSETS | 1,580,041 |  | 1,547,050 |  |

CAPITAL AND RESERVES

Called up share capital | 12 | 2,191 |  | 2,191 |  |

Share premium | 2,328,600 |  | 2,328,600 |  |

Revaluation reserve | 57,323 |  | 57,323 |  |

Other reserves | 27,853 |  | 46,589 |  |

Retained earnings | (835,926 | ) | (887,653 | ) |

SHAREHOLDERS' FUNDS | 1,580,041 |  | 1,547,050 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2026 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.

Wild Shore Holdings Ltd (Registered number: SC568155)

Balance Sheet - continued

28th February 2026

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 24th June 2026 and were signed on its behalf by:

Mr N J Anderson - Director

Wild Shore Holdings Ltd (Registered number: SC568155)

Notes to the Financial Statements

for the Year Ended 28th February 2026

1. | STATUTORY INFORMATION

| Wild Shore Holdings Ltd is a private company, limited by shares , registered in Scotland. 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 as modified by the revaluation of certain assets.

| Preparation of consolidated financial statements

| The financial statements contain information about Wild Shore Holdings Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

| Related party exemption

| 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.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2020, is being amortised evenly over its estimated useful life of ten 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.

| Ongoing projects | - | not provided

| Plant and machinery | - | at varying rates on cost

| Computer equipment | - | 33% on cost

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost.

| 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.

| 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.

Wild Shore Holdings Ltd (Registered number: SC568155)

Notes to the Financial Statements - continued

for the Year Ended 28th February 2026

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.

| 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 pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

| Cash at bank and in hand

| Cash at bank and in hand are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowing costs in current liabilities.

| Equity instruments

| Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company. These amounts are recognised in the statement of changes in equity.

| Share-based payments

| Equity-settled share based payments are measured at fair value at the date of the grant. The fair value determined at the grant date is expensed on a straight-line basis over the vesting period, based on the estimate of shares that will eventually vest. A corresponding adjustment is made to equity.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 6 (2025 - 7 ) .

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| Cost

| At 1st March 2025

| and 28th February 2026 | 39,700 |  |

| Amortisation

| At 1st March 2025 | 19,802 |  |

| Charge for year | 3,970 |  |

| At 28th February 2026 | 23,772 |  |

| Net book value

| At 28th February 2026 | 15,928 |  |

| At 28th February 2025 | 19,898 |  |

Wild Shore Holdings Ltd (Registered number: SC568155)

Notes to the Financial Statements - continued

for the Year Ended 28th February 2026

5. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| Cost or valuation

| At 1st March 2025 | 1,641,023 |  |

| Additions | 124,598 |  |

| At 28th February 2026 | 1,765,621 |  |

| Depreciation

| At 1st March 2025 | 933,178 |  |

| Charge for year | 128,069 |  |

| At 28th February 2026 | 1,061,247 |  |

| Net book value

| At 28th February 2026 | 704,374 |  |

| At 28th February 2025 | 707,845 |  |

| Cost or valuation at 28th February 2026 is represented by:

| Plant and

| machinery

| etc

£ |

| Valuation in 2023 | 57,323 |  |

| Cost | 1,708,298 |  |

1,765,621 |  |

6. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertakings

£ |

| Cost

| At 1st March 2025 | 905 |  |

| Additions | 1 |  |

| At 28th February 2026 | 906 |  |

| Net book value

| At 28th February 2026 | 906 |  |

| At 28th February 2025 | 905 |  |

Wild Shore Holdings Ltd (Registered number: SC568155)

Notes to the Financial Statements - continued

for the Year Ended 28th February 2026

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

2026 | 2025 |

£ | £ |

| Trade debtors | - |  | 44,063 |  |

| Amounts owed by group undertakings | 1,023,019 |  | 756,585 |  |

| Other debtors | 25,334 |  | 24,894 |  |

| VAT | 11,258 |  | - |  |

| Prepayments | 32,906 |  | 40,920 |  |

1,092,517 |  | 866,462 |  |

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

2026 | 2025 |

£ | £ |

| Bank loans and overdrafts (see note 10) | 9,589 |  | 10,000 |  |

| Trade creditors | 58,121 |  | 12,501 |  |

| Amounts owed to group undertakings | 384,933 |  | 301,349 |  |

| Social security and other taxes | 9,539 |  | 5,276 |  |

| VAT | - |  | 512 |  |

| Other creditors | 4,929 |  | 7,794 |  |

| Accrued expenses | 5,300 |  | 6,500 |  |

472,411 |  | 343,932 |  |

9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2026 | 2025 |

£ | £ |

| Bank loans (see note 10) | - |  | 9,819 |  |

10. | LOANS

| In January 2021 the company received a Business Bounce Back Loan from The Royal Bank of Scotland plc. The loan term is 72 months at a fixed rate of interest at 2.5% per annum.

| There are no capital repayments in the first 12 months and interest charges for that period are covered by the Government Business Interruption Payment ("BIP").

| Capital and interest repayments commence 12 months after drawdown. Capital repayments are payable in equal monthly instalments over the remaining 60 months, along with the relevant monthly interest charge.

| For the period where BIP is applied to interest charges, these costs are simultaneously treated as Government grants receivable and finance costs payable in the profit and loss account.

11. | LEASING AGREEMENTS

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

2026 | 2025 |

£ | £ |

| Within one year | 30,468 |  | 22,779 |  |

| Between one and five years | 14,890 |  | 12,826 |  |

45,358 |  | 35,605 |  |

Wild Shore Holdings Ltd (Registered number: SC568155)

Notes to the Financial Statements - continued

for the Year Ended 28th February 2026

12. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

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

| value: | £ | £ |

| 1,045,000 | Ordinary | 0.1p | 1,045 |  | 1,045 |  |

| 1,146,104 | A Ordinary | 0.1p | 1,146 |  | 1,146 |  |

2,191 |  | 2,191 |  |

13. | SHARE-BASED PAYMENT TRANSACTIONS

| During the financial year ended 28 February 2026, options over 45,000 ordinary shares lapsed. These options were held by an employee who ceased employment in September 2024. In accordance with the share option scheme rules, the individual had 12 months from their termination date to exercise the options. As the options were not exercised, the options fully lapsed on the first anniversary of the termination date. Consequently, the cumulative share-based payment expense previously recognised in the Profit & Loss account (£37,800) was reversed.

| During the year, the remaining 10,000 share options were cancelled by the company resulting in the acceleration of the remaining unvested expense that would have been charged over the rest of the vesting period. The charge for the year was £11,211.

| The expense recognised for share-based payments arising from these equity-settled transactions for the year was £-26,589 (2024: £11,000).

| On 10 September 2025, the company granted new equity-settled share options to certain employees under an Enterprise Management Incentive (EMI) agreement. The option grants the holders the right to acquire ordinary shares in the capital of the company at a fixed exercise price of £0.13 per share. The options only vest or become exercisable upon:

| - an "Exit Event" (such as a Change of Control, Sale, or Listing/Admission),

| - in respect of 110,000 of the share options, the first anniversary of the grant of options,

| - in respect of the remaining 180,000 share options, 9 years after the date of grant of options.

| As at the balance sheet date, no exit or liquidity event is anticipated or considered probable in the foreseeable future. Management has therefore estimated that the number of options expected to vest is nil. A share-based payment expense of £7,853 has been recognised in the profit and loss account for the year, in respect of this option scheme.

| The following table illustrates the number and weighted average exercise price of, and movements in, share options during the year.

|  | 2026 |  |  | 2025 |  |

|  | No. |  | Weighted average exercise price |  | No. |  | Weighted average exercise price |  |

| Outstanding at 1 March |  | 55,000 |  | £2.00 |  | 55,000 |  | £2.00 |  |

| Granted |  | 290,000 |  | £0.13 |  | - |  | - |  |

| Lapsed |  | (45,000 | ) | £2.00 |  | - |  | - |  |

| Cancelled |  | (10,000 | ) | £2.00 |  | - |  | - |  |

| Exercised |  | - |  | - |  | - |  | - |  |

| Expired |  | - |  | - |  | - |  | - |  |

| Outstanding at 28 February |  | 290,000 |  | £0.13 |  | 55,000 |  | £2.00 |  |

| Exercisable at 28 February |  | - |  | - |  | 55,000 |  | £2.00 |  |