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REGISTERED NUMBER: 03129603 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 October 2025

for

Easy Networks Ltd

Easy Networks Ltd (Registered number: 03129603)

Contents of the Financial Statements

for the Year Ended 31 October 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Easy Networks Ltd

Company Information

for the Year Ended 31 October 2025

| DIRECTORS: | R Gwilliam

| R White

| REGISTERED OFFICE: | Unit 1.1 Central Point

| Kirpal Road

| Portsmouth

| Hampshire

| PO3 6FH

| REGISTERED NUMBER: | 03129603 (England and Wales)

| ACCOUNTANTS: | Roches

| Chartered Accountants

| 1 Manor Court

| 6 Barnes Wallis Road

| Segensworth

| Fareham

| Hampshire

| PO15 5TH

Easy Networks Ltd (Registered number: 03129603)

Balance Sheet

31 October 2025

| 31.10.25 | 31.10.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 14,724 |  | 22,691 |  |

Tangible assets | 5 | 313,412 |  | 395,910 |  |

Investments | 6 | 200,000 |  | 200,000 |  |

528,136 |  | 618,601 |  |

CURRENT ASSETS

Stocks | 7 | 39,659 |  | 39,512 |  |

Debtors | 8 | 511,882 |  | 641,924 |  |

Investments | 9 | 233,442 |  | 228,843 |  |

Cash at bank and in hand | 324,248 |  | 75,108 |  |

1,109,231 |  | 985,387 |  |

CREDITORS

Amounts falling due within one year | 10 | 394,659 |  | 404,203 |  |

NET CURRENT ASSETS | 714,572 |  | 581,184 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,242,708 |  | 1,199,785 |  |

CREDITORS

Amounts falling due after more than one year | 11 | - |  | (14,375 | ) |

PROVISIONS FOR LIABILITIES | (78,353 | ) | (75,211 | ) |

NET ASSETS | 1,164,355 |  | 1,110,199 |  |

CAPITAL AND RESERVES

Called up share capital | 102 |  | 102 |  |

Share premium | 119,998 |  | 119,998 |  |

Retained earnings | 1,044,255 |  | 990,099 |  |

SHAREHOLDERS' FUNDS | 1,164,355 |  | 1,110,199 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 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.

Easy Networks Ltd (Registered number: 03129603)

Balance Sheet - continued

31 October 2025

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 21 January 2026 and were signed on its behalf by:

R White - Director

Easy Networks Ltd (Registered number: 03129603)

Notes to the Financial Statements

for the Year Ended 31 October 2025

1. | STATUTORY INFORMATION

| Easy Networks 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.

| 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 businesses in 2017 & 2018, is being amortised evenly over their estimated useful lives of ten years. The director considers this period to be appropriate given the past history of customer retention of the business acquired.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

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

| Fixtures and fittings | - | 15% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | 25% 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.

Easy Networks Ltd (Registered number: 03129603)

Notes to the Financial Statements - continued

for the Year Ended 31 October 2025

2. | ACCOUNTING POLICIES - continued

| Financial instruments

| The company has considered and applied the provisions of Section 11 "Basic Financial Instruments" and Section 12 "Other Financial Instruments Issues" of FRS 102 to all of its financial instruments.

| Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provision of the instrument.

| Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

| Basic financial assets, which include trade and other debtors, cash and bank balances and loans to fellow group companies, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method 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. Financial assets classified as receivable within one year are not amortised.

| 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 company after deducting all of its liabilities.

| Basic financial liabilities, including trade and other creditors, bank loans and loans from fellow group companies that are classified as debt, 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 as at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

| Debt Instruments are subsequently carried at amortised cost, using the effective interest rate method.

| 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.

Easy Networks Ltd (Registered number: 03129603)

Notes to the Financial Statements - continued

for the Year Ended 31 October 2025

2. | ACCOUNTING POLICIES - continued

| Hire purchase and leasing commitments

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

| 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.

| Current asset investments

| Current asset investments are measured at fair value through the profit and loss.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 27 (2024 - 27 ) .

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 November 2024

| and 31 October 2025 | 79,662 |  |

| AMORTISATION

| At 1 November 2024 | 56,971 |  |

| Charge for year | 7,967 |  |

| At 31 October 2025 | 64,938 |  |

| NET BOOK VALUE

| At 31 October 2025 | 14,724 |  |

| At 31 October 2024 | 22,691 |  |

Easy Networks Ltd (Registered number: 03129603)

Notes to the Financial Statements - continued

for the Year Ended 31 October 2025

5. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 November 2024 | 813,813 |  |

| Additions | 43,784 |  |

| Disposals | (71,979 | ) |

| At 31 October 2025 | 785,618 |  |

| DEPRECIATION

| At 1 November 2024 | 417,903 |  |

| Charge for year | 97,936 |  |

| Eliminated on disposal | (43,633 | ) |

| At 31 October 2025 | 472,206 |  |

| NET BOOK VALUE

| At 31 October 2025 | 313,412 |  |

| At 31 October 2024 | 395,910 |  |

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Plant and

| machinery

| etc

£ |

| COST

| At 1 November 2024

| and 31 October 2025 | 160,550 |  |

| DEPRECIATION

| At 1 November 2024 | 84,057 |  |

| Charge for year | 19,123 |  |

| At 31 October 2025 | 103,180 |  |

| NET BOOK VALUE

| At 31 October 2025 | 57,370 |  |

| At 31 October 2024 | 76,493 |  |

Easy Networks Ltd (Registered number: 03129603)

Notes to the Financial Statements - continued

for the Year Ended 31 October 2025

6. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertakings

£ |

| COST

| At 1 November 2024

| and 31 October 2025 | 200,000 |  |

| NET BOOK VALUE

| At 31 October 2025 | 200,000 |  |

| At 31 October 2024 | 200,000 |  |

7. | STOCKS

| 31.10.25 |  | 31.10.24

£ | £ |

| Stocks | 39,659 |  | 39,512 |  |

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

| 31.10.25 |  | 31.10.24

£ | £ |

| Trade debtors | 338,453 |  | 475,198 |  |

| Amounts owed by group undertakings | - |  | 1,332 |  |

| Other debtors | 173,429 |  | 165,394 |  |

511,882 |  | 641,924 |  |

9. | CURRENT ASSET INVESTMENTS

| 31.10.25 |  | 31.10.24

£ | £ |

| Other | 233,442 |  | 228,843 |  |

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

| 31.10.25 |  | 31.10.24

£ | £ |

| Hire purchase contracts | 14,375 |  | 35,338 |  |

| Trade creditors | 157,555 |  | 239,720 |  |

| Taxation and social security | 44,339 |  | 22,559 |  |

| Other creditors | 178,390 |  | 106,586 |  |

394,659 |  | 404,203 |  |

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

| 31.10.25 |  | 31.10.24

£ | £ |

| Hire purchase contracts | - |  | 14,375 |  |

Easy Networks Ltd (Registered number: 03129603)

Notes to the Financial Statements - continued

for the Year Ended 31 October 2025

12. | SECURED DEBTS

| The following secured debts are included within creditors:

| 31.10.25 |  | 31.10.24

£ | £ |

| Hire purchase contracts | 14,375 |  | 49,713 |  |

| The hire purchase debt is secured against the asset concerned.