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REGISTERED NUMBER: 03564815 (England and Wales)

Financial Statements for the Year Ended 30 September 2025

for

Farsan Ltd

| Farsan Ltd (Registered number: 03564815) |

Contents of the Financial Statements

for the Year Ended 30 September 2025

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 4 |

| Chartered Accountants' Report | 7 |

| Farsan Ltd |

Company Information

for the Year Ended 30 September 2025

| DIRECTORS: | Mr Nainesh Kumar Patel

| Mrs Kashmira Patel

| Mr Nikesh Nainesh Patel

| Mr Nikul Nainesh Patel

| SECRETARY: | Mrs Kashmira Patel

| REGISTERED OFFICE: | 7 Ash Street

| Leicester

| Leicestershire

| LE5 0DA

| REGISTERED NUMBER: | 03564815 (England and Wales)

| Farsan Ltd (Registered number: 03564815) |

Statement of Financial Position

30 September 2025

| 30.9.25 | 30.9.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Property, plant and equipment | 4 | 1,480,649 |  | 1,406,792 |  |

CURRENT ASSETS

Inventories | 620,896 |  | 512,745 |  |

Debtors | 5 | 434,104 |  | 396,243 |  |

Cash at bank and in hand | 7,248 |  | 31,390 |  |

1,062,248 |  | 940,378 |  |

CREDITORS

Amounts falling due within one year | 6 | 1,128,356 |  | 1,041,438 |  |

NET CURRENT LIABILITIES | (66,108 | ) | (101,060 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,414,541 |  | 1,305,732 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (59,836 | ) | (36,457 | ) |

PROVISIONS FOR LIABILITIES | (72,767 | ) | (72,767 | ) |

NET ASSETS | 1,281,938 |  | 1,196,508 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 10,000 |  | 10,000 |  |

Revaluation reserve | 10 | 805,128 |  | 805,128 |  |

Retained earnings | 466,810 |  | 381,380 |  |

SHAREHOLDER FUNDS | 1,281,938 |  | 1,196,508 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

| Farsan Ltd (Registered number: 03564815) |

Statement of Financial Position - continued

30 September 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 July 2026 and were signed on its behalf by:

Mr Nainesh Kumar Patel - Director

| Farsan Ltd (Registered number: 03564815) |

Notes to the Financial Statements

for the Year Ended 30 September 2025

1. | STATUTORY INFORMATION

| Farsan 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 represents net sales of invoiced goods and services excluding Value Added Tax.

| 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 etc | - | 20% on reducing balance and 10% on reducing balance

| Stocks

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

| Going concern

| These accounts have been prepared on a going concern basis. This is dependent on the continuing support of the directors and shareholders. The directors and shareholders have confirmed that they will not be seeking repayment of their loans for the foreseeable future, and until such time that there are sufficient reserves within shareholders fund to do so.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 28 (2024 - 30 ) .

| Farsan Ltd (Registered number: 03564815) |

Notes to the Financial Statements - continued

for the Year Ended 30 September 2025

4. | PROPERTY, PLANT AND EQUIPMENT

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST

| At 1 October 2024 | 1,224,285 |  | 752,232 |  | 1,976,517 |  |

| Additions | - |  | 139,887 |  | 139,887 |  |

| At 30 September 2025 | 1,224,285 |  | 892,119 |  | 2,116,404 |  |

| DEPRECIATION

| At 1 October 2024 | 224,285 |  | 345,440 |  | 569,725 |  |

| Charge for year | - |  | 66,030 |  | 66,030 |  |

| At 30 September 2025 | 224,285 |  | 411,470 |  | 635,755 |  |

| NET BOOK VALUE

| At 30 September 2025 | 1,000,000 |  | 480,649 |  | 1,480,649 |  |

| At 30 September 2024 | 1,000,000 |  | 406,792 |  | 1,406,792 |  |

| Freehold property includes the property at revalued amount of £1,000,000 (Y/E: 30.09.2024) which is not depreciated as permissible under FRS 102.

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

| 30.9.25 |  | 30.9.24

£ | £ |

| Trade debtors | 379,580 |  | 329,125 |  |

| Other debtors | 54,524 |  | 67,118 |  |

434,104 |  | 396,243 |  |

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

| 30.9.25 |  | 30.9.24

£ | £ |

| Bank loans and overdrafts | 377,654 |  | 367,849 |  |

| Trade creditors | 551,945 |  | 530,118 |  |

| Taxation and social security | 26,071 |  | 12,547 |  |

| Other creditors | 172,686 |  | 130,924 |  |

1,128,356 |  | 1,041,438 |  |

| Farsan Ltd (Registered number: 03564815) |

Notes to the Financial Statements - continued

for the Year Ended 30 September 2025

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

| 30.9.25 |  | 30.9.24

£ | £ |

| Bank loans | - |  | 36,457 |  |

| Hire purchase contracts | 59,836 |  | - |  |

59,836 |  | 36,457 |  |

8. | SECURED DEBTS

| The following secured debts are included within creditors:

| 30.9.25 |  | 30.9.24

£ | £ |

| Bank overdrafts | 334,402 |  | 300,787 |  |

| Bank loans | 43,252 |  | 103,519 |  |

377,654 |  | 404,306 |  |

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 30.9.25 |  | 30.9.24

| value: | £ | £ |

| 10,000 | Ordinary | 1 | 10,000 |  | 10,000 |  |

10. | RESERVES

| Revaluation

| reserve

£ |

| At 1 October 2024

| and 30 September 2025 | 805,128 |  |

Chartered Accountants' Report to the Board of Directors

on the Unaudited Financial Statements of

Farsan 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 Statement of Financial Position. 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 Farsan Ltd for the year ended 30 September 2025 which comprise the Income Statement, 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 Board of Directors of Farsan Ltd, 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 Farsan Ltd and state those matters that we have agreed to state to the Board of Directors of Farsan Ltd, 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 Farsan Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Farsan Ltd 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 Farsan Ltd. You consider that Farsan Ltd 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 Farsan Ltd. 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.

Date: .............................................