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REGISTERED NUMBER: 06521565 (England and Wales)

FASTRAILTICKETING LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FASTRAILTICKETING LIMITED (REGISTERED NUMBER: 06521565)

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 |

Chartered Accountants' Report | 7 |

FASTRAILTICKETING LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2026

| DIRECTORS: | M P Furlong

| G N Parrish

| SECRETARY: | M P Furlong

| REGISTERED OFFICE: | Units 7-8 Raleigh Court

| Priestley Way

| Crawley

| West Sussex

| RH10 9PD

| REGISTERED NUMBER: | 06521565 (England and Wales)

| ACCOUNTANTS: | Cox Costello & Horne

| Chartered Accountants and Tax Advisors

| 7 St John's Road

| Harrow

| HA1 2EY

FASTRAILTICKETING LIMITED (REGISTERED NUMBER: 06521565)

BALANCE SHEET

31 MARCH 2026

31.3.26 | 31.3.25 |

| Notes | £ | £ | £ | £

FIXED ASSETS

Tangible assets | 4 | 26,456 |  | 81,776 |  |

CURRENT ASSETS

Stocks | 72,264 |  | 31,907 |  |

Debtors | 5 | 403,869 |  | 452,488 |  |

Cash at bank | 848,917 |  | 880,841 |  |

1,325,050 |  | 1,365,236 |  |

CREDITORS

Amounts falling due within one year | 6 | 768,546 |  | 809,009 |  |

NET CURRENT ASSETS | 556,504 |  | 556,227 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 582,960 |  | 638,003 |  |

PROVISIONS FOR LIABILITIES | 6,614 |  | 16,329 |  |

NET ASSETS | 576,346 |  | 621,674 |  |

CAPITAL AND RESERVES

Called up share capital | 50,000 |  | 50,000 |  |

Retained earnings | 526,346 |  | 571,674 |  |

SHAREHOLDERS' FUNDS | 576,346 |  | 621,674 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

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 Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 July 2026 and were signed on its behalf by:

G N Parrish - Director

FASTRAILTICKETING LIMITED (REGISTERED NUMBER: 06521565)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

1. | STATUTORY INFORMATION

| FastRailTicketing 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.

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.

| When preparing financial statements, directors shall make an assessment of the company's ability to continue as a going concern. Financial statements shall be prepared on a going concern basis unless director either intends to liquidate the entity or to cease trading, or has no realistic alternative but to do so. The directors have formed the judgement, at the time of approving the financial statements, that the company has sufficient access to financial resources which, together with internally generated cash flows, will continue to provide sufficient sources of liquidity to fund its current operations including its contractual and commercial commitments.

| For reasons mentioned, the directors continue to adopt the going concern basis in preparing the financial statements.

| Turnover

| Turnover is measured at their fair value of the consideration received or receivable and represents amounts receivable for services supplied within the United Kingdom in the normal course of business, net of discounts, VAT and other related taxes.

| Tangible fixed assets

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

| Improvements to property | - | in accordance with the property

| All assets are initially recognised at cost and subsequently carried at cost less accumulated depreciation. The cost of an asset initially recognised includes its purchase price and any cost that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

| Stocks

| Stocks are stated at the lower of cost and net realisable value. Cost consists of all costs of purchase, costs of conversion, design costs and other costs incurred in bringing the stocks to their present location and condition. For stocks relating to rail tickets and related consumables, cost is determined using a first-in, first-out (FIFO) method. Where necessary, provision is made to reduce cost to no more than net realisable value having regard to the nature and condition of inventory, as well as its anticipated utilisation and saleability.

FASTRAILTICKETING LIMITED (REGISTERED NUMBER: 06521565)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

2. | ACCOUNTING POLICIES - continued

| Financial instruments

| a) Debtors

| Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

| b) Creditors

| Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.

| c) Cash at bank

| Cash and bank balances are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment. Cash and bank balances are represented by cash in hand, deposits held at call with financial institutions, and other short-term highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

| Taxation

| The tax expense for the year comprises current and deferred tax.

| Tax is recognised in profit or loss except that a change attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

| Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:

| - |  | the recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and |  |

| - |  | any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. |  |

| Both current and deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Research and development expenditure

| Expenditure on research activities is recognised as an expense in the period in which it is incurred.

| In the event that an internally generated intangible asset arises from the company's development activities then it will be recognised only if all of the following conditions are met:

| - |  | an asset is created that can be identified (such as software and new processes); |  |

| - |  | the project from which the asset arises meets the company's criteria for assessing technicalfeasibility; |  |

| - |  | it is probable that the asset created will generate future economic benefits; and |  |

| - |  | the development cost of the asset can be measured reliably. |  |

| Internally generated intangible assets are amortised on a straight-line basis over their useful lives. Where no internally generated intangible asset can be recognised, development expenditure is recognised as an expense in the period in which it is incurred.

| Release of costs

| Research and development expenditure capitalised in accordance with the above policy is written off over the expected life of the project which is between three and five years.

| Subsequent expenditure

| Subsequent expenditure on capitalised intangible assets is capitalised only when it increases the future economic benefits embodied in the specific asset to which it relates. All other expenditure is expensed as incurred.

FASTRAILTICKETING LIMITED (REGISTERED NUMBER: 06521565)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

2. | ACCOUNTING POLICIES - continued

| Pension costs

| The company makes payments into personal retirement schemes of certain employees. The contributions payable by the company and the staff are deposited in the respective pension schemes within 30 days following the deduction. Once the contributions have been paid, the company as employer, has no further obligations. The company's contributions are charged to the profit and loss account in the period to which they relate.

| Operating leases

| Rentals paid under operating leases are charged to the profit or on a straight-line basis over the period of the lease.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 21 (2025 - 21 ) .

4. | TANGIBLE FIXED ASSETS

Plant and |

machinery |

etc |

| £

| COST

| At 1 April 2025 | 233,396 |  |

| Disposals | (109,745 | ) |

| At 31 March 2026 | 123,651 |  |

| DEPRECIATION

| At 1 April 2025 | 151,620 |  |

| Charge for year | 55,320 |  |

| Eliminated on disposal | (109,745 | ) |

| At 31 March 2026 | 97,195 |  |

| NET BOOK VALUE

| At 31 March 2026 | 26,456 |  |

| At 31 March 2025 | 81,776 |  |

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

31.3.26 | 31.3.25 |

| £ | £

| Trade debtors | 289,631 |  | 337,070 |  |

| Amount owed by participating interest | 37,671 |  | 37,671 |  |

| Other debtors | 76,567 |  | 77,747 |  |

403,869 |  | 452,488 |  |

| Amount owed by participating interest is unsecured, bears no interest, has no fixed terms of repayment and is considered payable on demand.

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

31.3.26 | 31.3.25 |

| £ | £

| Trade creditors | 73,315 |  | 82,346 |  |

| Taxation and social security | 120,558 |  | 167,669 |  |

| Other creditors | 574,673 |  | 558,994 |  |

768,546 |  | 809,009 |  |

FASTRAILTICKETING LIMITED (REGISTERED NUMBER: 06521565)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

7. | LEASING AGREEMENTS

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

31.3.26 | 31.3.25 |

| £ | £

| Within one year | 9,764 |  | - |  |

| Between one and five years | - |  | 75,764 |  |

9,764 |  | 75,764 |  |

8. | RELATED PARTY DISCLOSURES

| During the year, total dividends of £240,000 (2024 - £240,000) were paid to the participating interest company.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS

ON THE UNAUDITED FINANCIAL STATEMENTS OF

FASTRAILTICKETING LIMITED

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.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of FastRailTicketing Limited for the year ended 31 March 2026 which comprise the Profit and Loss, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of FastRailTicketing Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of FastRailTicketing Limited and state those matters that we have agreed to state to the Board of Directors of FastRailTicketing Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than FastRailTicketing Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that FastRailTicketing Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of FastRailTicketing Limited. You consider that FastRailTicketing Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of FastRailTicketing Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Cox Costello & Horne

Chartered Accountants and Tax Advisors

7 St John's Road

Harrow

HA1 2EY

1 July 2026