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REGISTERED NUMBER: 04058038 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

SPECIALIST COATINGS (GB) LIMITED

SPECIALIST COATINGS (GB) LIMITED (REGISTERED NUMBER: 04058038)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

Accountants' Report | 6 |

SPECIALIST COATINGS (GB) LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2025

| DIRECTOR: | P Lambert-Gorwyn

| REGISTERED OFFICE: | 20 Havelock Road

| Hastings

| East Sussex

| TN34 1BP

| REGISTERED NUMBER: | 04058038 (England and Wales)

| ACCOUNTANTS: | Ashdown Hurrey

| Chartered Accountants & Business Advisers

| 20 Havelock Road

| Hastings

| East Sussex

| TN34 1BP

SPECIALIST COATINGS (GB) LIMITED (REGISTERED NUMBER: 04058038)

BALANCE SHEET

31 DECEMBER 2025

| 31.12.25 | 31.12.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 14,832 |  | 53,732 |  |

CURRENT ASSETS

Stocks | 4,107 |  | 16,477 |  |

Debtors | 5 | 3,793 |  | 88,289 |  |

Cash at bank | 12,911 |  | 55,517 |  |

20,811 |  | 160,283 |  |

CREDITORS

Amounts falling due within one year | 6 | 5,010 |  | 7,319 |  |

NET CURRENT ASSETS | 15,801 |  | 152,964 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 30,633 |  | 206,696 |  |

PROVISIONS FOR LIABILITIES | 2,818 |  | 10,209 |  |

NET ASSETS | 27,815 |  | 196,487 |  |

CAPITAL AND RESERVES

Called up share capital | 1 |  | 1 |  |

Retained earnings | 27,814 |  | 196,486 |  |

SHAREHOLDERS' FUNDS | 27,815 |  | 196,487 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 Income Statement has not been delivered.

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

P Lambert-Gorwyn - Director

SPECIALIST COATINGS (GB) LIMITED (REGISTERED NUMBER: 04058038)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1. | STATUTORY INFORMATION

| Specialist Coatings (GB) 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.

| As at the balance sheet date the company had net current liabilities and net overall liabilities. The continued support of the director means that the company's ability to continue as a going concern is not called into question.

| As a result they have adopted the going concern basis of accounting.

| Turnover

| Turnover represents net invoiced sale of goods and services, excluding value added tax. Turnover is recognised when the service has been performed.

| Where payments are received from customers in advance of services provided, the amounts are recorded as

| Deferred Income and included as part of Creditors due within one year.

| 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 | - | 15% on reducing balance

| Plant and machinery | - | 25% on reducing balance

| Fixtures and fittings | - | 25% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | 33% on cost

| Stocks

| Cost is determined on a first in first out basis. Net realisable value represents estimated selling price less costs to complete and sell. Provision is made for slow moving, obsolete or damaged stock where the net realisable value is less than cost.

| 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.

| 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.

SPECIALIST COATINGS (GB) LIMITED (REGISTERED NUMBER: 04058038)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2024 - 4 ) .

4. | TANGIBLE FIXED ASSETS

| Improvements |  | Fixtures

| to |  | Plant and |  | and

| property |  | machinery |  | fittings

£ | £ | £ |

| COST

| At 1 January 2025 | 51,302 |  | 27,844 |  | 1,095 |  |

| Additions | - |  | 13,405 |  | - |  |

| Disposals | (51,302 | ) | (735 | ) | - |  |

| At 31 December 2025 | - |  | 40,514 |  | 1,095 |  |

| DEPRECIATION

| At 1 January 2025 | 11,737 |  | 15,512 |  | 1,046 |  |

| Charge for year | 5,935 |  | 13,282 |  | 12 |  |

| Eliminated on disposal | (17,672 | ) | (425 | ) | - |  |

| At 31 December 2025 | - |  | 28,369 |  | 1,058 |  |

| NET BOOK VALUE

| At 31 December 2025 | - |  | 12,145 |  | 37 |  |

| At 31 December 2024 | 39,565 |  | 12,332 |  | 49 |  |

| Motor |  | Computer |

| vehicles |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 January 2025 | - |  | 24,335 |  | 104,576 |  |

| Additions | 2,700 |  | - |  | 16,105 |  |

| Disposals | - |  | - |  | (52,037 | ) |

| At 31 December 2025 | 2,700 |  | 24,335 |  | 68,644 |  |

| DEPRECIATION

| At 1 January 2025 | - |  | 22,549 |  | 50,844 |  |

| Charge for year | 675 |  | 1,161 |  | 21,065 |  |

| Eliminated on disposal | - |  | - |  | (18,097 | ) |

| At 31 December 2025 | 675 |  | 23,710 |  | 53,812 |  |

| NET BOOK VALUE

| At 31 December 2025 | 2,025 |  | 625 |  | 14,832 |  |

| At 31 December 2024 | - |  | 1,786 |  | 53,732 |  |

SPECIALIST COATINGS (GB) LIMITED (REGISTERED NUMBER: 04058038)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

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

| 31.12.25 |  | 31.12.24

£ | £ |

| Other debtors | - |  | 31,599 |  |

| Directors' current accounts | - |  | 33,907 |  |

| Tax | - |  | 19,126 |  |

| VAT | 1,526 |  | 1,184 |  |

| Prepayments | 2,267 |  | 2,473 |  |

3,793 |  | 88,289 |  |

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

| 31.12.25 |  | 31.12.24

£ | £ |

| Trade creditors | 796 |  | 647 |  |

| Tax | (450 | ) | - |  |

| Social security and other taxes | 786 |  | 4,546 |  |

| Directors' current accounts | 1,751 |  | - |  |

| Accrued expenses | 2,127 |  | 2,126 |  |

5,010 |  | 7,319 |  |

7. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

| 31.12.25 |  | 31.12.24

£ | £ |

| P Lambert-Gorwyn

| Balance outstanding at start of year | 33,907 |  | 18,573 |  |

| Amounts advanced | 22,114 |  | 34,992 |  |

| Amounts repaid | (57,772 | ) | (19,658 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | (1,751 | ) | 33,907 |  |

| At the start of the year, Mr Lambert-Gorwyn owed £33,906 to the company. During the year, £22,114 was advanced to the director and £57,772 was repaid. At the year end, £1,751 was owed to the director from the company.

ACCOUNTANTS' REPORT TO THE DIRECTOR

ON THE UNAUDITED FINANCIAL STATEMENTS OF

SPECIALIST COATINGS (GB) 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 Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director 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 Specialist Coatings (GB) Limited for the year ended 31 December 2025 which comprise the Income Statement, 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 icaew.com/membershandbook.

This report is made solely to the director of Specialist Coatings (GB) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Specialist Coatings (GB) Limited and state those matters that we have agreed to state to the director of Specialist Coatings (GB) Limited in this report in accordance with icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Specialist Coatings (GB) Limited and its director for our work or for this report.

It is your duty to ensure that Specialist Coatings (GB) 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 loss of Specialist Coatings (GB) Limited. You consider that Specialist Coatings (GB) 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 Specialist Coatings (GB) 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.

Ashdown Hurrey

Chartered Accountants & Business Advisers

20 Havelock Road

Hastings

East Sussex

TN34 1BP

7 July 2026