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REGISTERED NUMBER: 06506615 (England and Wales)

| South Lincs Foundry Limited |

| Unaudited Financial Statements |

| for the Year Ended 28 February 2026 |

South Lincs Foundry Limited (Registered number: 06506615)

Contents of the Financial Statements

for the Year Ended 28 February 2026

| Page |

Company information | 1 |

Chartered accountants' report | 2 |

Statement of financial position | 3 |  | to |  | 4

Notes to the financial statements | 5 |  | to |  | 9

South Lincs Foundry Limited

Company Information

for the Year Ended 28 February 2026

| Director: | D B W Harriman

| Registered office: | 7 Swan Court

| Cygnet Park

| Hampton

| Peterborough

| Cambridgeshire

| PE7 8GX

| Business address: | Spalding Common

| Spalding

| Lincolnshire

| PE11 3AS

| Registered number: | 06506615 (England and Wales)

| Accountants: | Moore Thompson

| 7 Swan Court

| Forder Way, Cygnet Park

| Hampton

| Peterborough

| Cambridgeshire

| PE7 8GX

Chartered Accountants' Report to the Director

on the Unaudited Financial Statements of

South Lincs Foundry Limited

The following reproduces the text of the report prepared for the director 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 Statement of financial position. Readers are cautioned that the Income statement and certain other primary statements and the Director's report 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 South Lincs Foundry Limited for the year ended 28 February 2026 which comprise the Statement of income and retained earnings, Statement of financial position 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 director of South Lincs Foundry Limited in accordance with the terms of our engagement letter dated 2 May 2025. Our work has been undertaken solely to prepare for your approval the financial statements of South Lincs Foundry Limited and state those matters that we have agreed to state to the director of South Lincs Foundry Limited 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 South Lincs Foundry Limited and its director for our work or for this report.

It is your duty to ensure that South Lincs Foundry 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 South Lincs Foundry Limited. You consider that South Lincs Foundry 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 South Lincs Foundry 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.

Moore Thompson

7 Swan Court

Forder Way, Cygnet Park

Hampton

Peterborough

Cambridgeshire

PE7 8GX

7 July 2026

South Lincs Foundry Limited (Registered number: 06506615)

Statement of Financial Position

28 February 2026

| 2026 | 2025 |

| Notes | £ | £ | £ | £ |

Fixed assets

Intangible assets | 5 | - |  | - |  |

Tangible assets | 6 | 167,290 |  | 159,778 |  |

167,290 |  | 159,778 |  |

Current assets

Stocks | 129,902 |  | 169,069 |  |

Debtors | 7 | 361,582 |  | 378,436 |  |

Cash at bank and in hand | 58,429 |  | 60,007 |  |

549,913 |  | 607,512 |  |

Creditors

Amounts falling due within one year | 8 | 532,768 |  | 496,646 |  |

Net current assets | 17,145 |  | 110,866 |  |

Total assets less current liabilities | 184,435 |  | 270,644 |  |

Creditors

Amounts falling due after more than one year | 9 | (59,880 | ) | (75,762 | ) |

Provisions for liabilities | (29,729 | ) | (38,844 | ) |

Net assets | 94,826 |  | 156,038 |  |

Capital and reserves

Called up share capital | 11 | 100 |  | 100 |  |

Fair value reserve | 12 | 273 |  | 703 |  |

Retained earnings | 94,453 |  | 155,235 |  |

Shareholders' funds | 94,826 |  | 156,038 |  |

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

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

South Lincs Foundry Limited (Registered number: 06506615)

Statement of Financial Position - continued

28 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 July 2026 and were signed by:

D B W Harriman - Director

South Lincs Foundry Limited (Registered number: 06506615)

Notes to the Financial Statements

for the Year Ended 28 February 2026

1. | Statutory information

| South Lincs Foundry 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. | Statement of compliance

| 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.

3. | Accounting policies

| Basis of preparing the financial statements

| The financial statements have been prepared under the historical cost convention.

| Turnover

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

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2014, 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.

| Plant and machinery | - | 20% on reducing balance

| Fixtures and fittings | - | 20% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Office Equipment | - | 33% on reducing balance

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

South Lincs Foundry Limited (Registered number: 06506615)

Notes to the Financial Statements - continued

for the Year Ended 28 February 2026

3. | Accounting policies - continued

| Financial instruments

| 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.

| 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 statement of financial position date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 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.

4. | Employees and directors

| The average number of employees during the year was 25 (2025 - 25 ) .

South Lincs Foundry Limited (Registered number: 06506615)

Notes to the Financial Statements - continued

for the Year Ended 28 February 2026

5. | Intangible fixed assets

| Goodwill

£ |

| Cost

| At 1 March 2025

| and 28 February 2026 | 185,056 |  |

| Amortisation

| At 1 March 2025

| and 28 February 2026 | 185,056 |  |

| Net book value

| At 28 February 2026 | - |  |

| At 28 February 2025 | - |  |

6. | Tangible fixed assets

| Fixtures |

| Plant and |  | and |  | Motor |  | Office |

| machinery |  | fittings |  | vehicles |  | Equipment |  | Totals

£ | £ | £ | £ | £ |

| Cost

| At 1 March 2025 | 413,642 |  | 10,455 |  | 14,995 |  | 11,290 |  | 450,382 |  |

| Additions | 48,135 |  | 1,433 |  | - |  | 331 |  | 49,899 |  |

| At 28 February 2026 | 461,777 |  | 11,888 |  | 14,995 |  | 11,621 |  | 500,281 |  |

| Depreciation

| At 1 March 2025 | 258,418 |  | 9,557 |  | 13,869 |  | 8,760 |  | 290,604 |  |

| Charge for year | 40,674 |  | 468 |  | 281 |  | 964 |  | 42,387 |  |

| At 28 February 2026 | 299,092 |  | 10,025 |  | 14,150 |  | 9,724 |  | 332,991 |  |

| Net book value

| At 28 February 2026 | 162,685 |  | 1,863 |  | 845 |  | 1,897 |  | 167,290 |  |

| At 28 February 2025 | 155,224 |  | 898 |  | 1,126 |  | 2,530 |  | 159,778 |  |

7. | Debtors: amounts falling due within one year |

2026 | 2025 |

£ | £ |

| Trade debtors | 354,566 |  | 371,376 |  |

| Prepayments and accrued income | 7,016 |  | 7,060 |  |

361,582 |  | 378,436 |  |

South Lincs Foundry Limited (Registered number: 06506615)

Notes to the Financial Statements - continued

for the Year Ended 28 February 2026

8. | Creditors: amounts falling due within one year |

2026 | 2025 |

£ | £ |

| Bank loans and overdrafts | 8,882 |  | 9,950 |  |

| Hire purchase contracts | 28,065 |  | 22,440 |  |

| Trade creditors | 125,075 |  | 73,366 |  |

| Tax | 886 |  | 5,044 |  |

| Social security and other taxes | 15,668 |  | 14,544 |  |

| VAT | 36,434 |  | 74,572 |  |

| Other creditors | 1,235 |  | 2,474 |  |

| Factoring advances | 296,586 |  | 261,866 |  |

| Director's loan accounts | 5,090 |  | 11,946 |  |

| Accruals and deferred income | 14,847 |  | 20,444 |  |

532,768 |  | 496,646 |  |

9. | Creditors: amounts falling due after more than one year |

2026 | 2025 |

£ | £ |

| Bank loans | - |  | 8,442 |  |

| Hire purchase contracts | 59,880 |  | 67,320 |  |

59,880 |  | 75,762 |  |

10. | Secured debts

| The following secured debts are included within creditors:

2026 | 2025 |

£ | £ |

| Hire purchase contracts | 87,945 |  | 89,760 |  |

| Factoring advances | 296,586 |  | 261,866 |  |

384,531 |  | 351,626 |  |

| Obligations under finance leases and hire purchase contracts are secured on the tangible fixed assets concerned.

| Factoring advances at the year end are secured on the company trade debtors.

11. | Called up share capital

| Allotted, issued and fully paid:

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

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |

South Lincs Foundry Limited (Registered number: 06506615)

Notes to the Financial Statements - continued

for the Year Ended 28 February 2026

12. | Reserves

| Fair

| value

| reserve

£ |

| At 1 March 2025 | 703 |  |

| Loan NPV adjustment | (430 | ) |

| At 28 February 2026 | 273 |  |