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REGISTERED NUMBER: SC529613 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Taytech Environmental Holdings Limited

| Taytech Environmental Holdings Limited (Registered number: SC529613) |

Contents of the Financial Statements

for the Year Ended 31 March 2026

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Chartered Accountants' Report | 7 |

| Taytech Environmental Holdings Limited |

Company Information

for the Year Ended 31 March 2026

| DIRECTORS: | I Lindsay

| C Donaldson

| REGISTERED OFFICE: | 29 Brandon Street

| Hamilton

| ML3 6DA

| REGISTERED NUMBER: | SC529613 (Scotland)

| ACCOUNTANTS: | Sharles Ltd

| Chartered Accountants

| 29 Brandon Street

| Hamilton

| ML3 6DA

| Taytech Environmental Holdings Limited (Registered number: SC529613) |

Balance Sheet

31 March 2026

| 2026 | 2025 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 5 | 343,867 |  | 350,844 |  |

Investments | 6 | 1,000 |  | 1,000 |  |

344,867 |  | 351,844 |  |

CURRENT ASSETS

Debtors | 7 | 686,684 |  | 1,386,684 |  |

Cash at bank | 4,362,609 |  | 1,199,348 |  |

5,049,293 |  | 2,586,032 |  |

CREDITORS

Amounts falling due within one year | 8 | 22,307 |  | 21,315 |  |

NET CURRENT ASSETS | 5,026,986 |  | 2,564,717 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 5,371,853 |  | 2,916,561 |  |

CAPITAL AND RESERVES

Called up share capital | 1,000 |  | 1,000 |  |

Share based payment reserve | 180,140 |  | - |  |

Own shares (SIP trust) | (41,334 | ) | - |  |

Retained earnings | 5,232,047 |  | 2,915,561 |  |

SHAREHOLDERS' FUNDS | 5,371,853 |  | 2,916,561 |  |

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.

| Taytech Environmental Holdings Limited (Registered number: SC529613) |

Balance Sheet - continued

31 March 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 July 2026 and were signed on its behalf by:

I Lindsay - Director

| Taytech Environmental Holdings Limited (Registered number: SC529613) |

Notes to the Financial Statements

for the Year Ended 31 March 2026

1. | STATUTORY INFORMATION

| Taytech Environmental Holdings Limited is a private company, limited by shares , registered in Scotland. 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. There were no material departures from that standard.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

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

| Preparation of consolidated financial statements

| The financial statements contain information about Taytech Environmental Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

| Related party exemption

| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

| Tangible fixed assets

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

| Land and buildings | - | 2% on cost

| Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment loss.

| At each balance sheet date, the company reviews the carrying amounts of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

| Expenditure of £2,000 or more on individual tangible fixed assets is capitalised at cost. Expenditure on assets below this threshold is charged directly to the income statement in the period it is incurred.

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at 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.

| Taytech Environmental Holdings Limited (Registered number: SC529613) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2026

3. | ACCOUNTING POLICIES - continued

| 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.

| Share based payments

| Equity settled share based payments are measured at fair value at the date of grant by reference to the fair value of the equity instruments which is determined based on the latest subscription price.The fair value determined at the grant date is expensed on a straight line basis over the vesting period, based on the estimate of shares that will eventually vest. A corresponding adjustment is made to equity.

| When the terms and conditions of equity settled share based payments are subsequently modified, the fair value of the share based payments are determined at the date of the modification. Any excess of the modified fair value over the original fair value is recognised over the remaining vesting period in addition to the grant date fair value of the original share based payment.

| Cancellations or settlements are treated as an acceleration of vesting and the amount that would have been recognised over the remaining vesting period is recognised immediately.

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2025 - 2 ) .

5. | TANGIBLE FIXED ASSETS

| Land and

| buildings

£ |

| COST

| At 1 April 2025

| and 31 March 2026 | 357,820 |  |

| DEPRECIATION

| At 1 April 2025 | 6,976 |  |

| Charge for year | 6,977 |  |

| At 31 March 2026 | 13,953 |  |

| NET BOOK VALUE

| At 31 March 2026 | 343,867 |  |

| At 31 March 2025 | 350,844 |  |

| Included in cost of land and buildings is freehold land of £ 9,000 (2025 - £ 9,000 ) which is not depreciated.

| Taytech Environmental Holdings Limited (Registered number: SC529613) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2026

6. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertakings

£ |

| COST

| At 1 April 2025

| and 31 March 2026 | 1,000 |  |

| NET BOOK VALUE

| At 31 March 2026 | 1,000 |  |

| At 31 March 2025 | 1,000 |  |

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

2026 | 2025 |

£ | £ |

| Amounts owed by group undertakings | 686,684 |  | 1,386,684 |  |

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

2026 | 2025 |

£ | £ |

| Trade creditors | 9,600 |  | - |  |

| Taxation and social security | 11,757 |  | 20,365 |  |

| Other creditors | 950 |  | 950 |  |

22,307 |  | 21,315 |  |

9. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party is the trustees of the Taytech Environmental Holdings Ltd Employee Ownership Trust.

10. | SHARE BASED PAYMENTS

| The Company operates an Employee Ownership Trust ("EOT") and a Share Incentive Plan ("SIP") trust for the benefit of eligible employees.

| The EOT was established in December 2018. At 31 March 2026, the EOT held 8,500 ordinary shares of £0.10 each in the Company.

| On 16th December 2025, the Company's 1,000 ordinary shares of £1 each were subdivided into 10,000 ordinary shares of £0.10 each.

| During the year, 544 ordinary shares were awarded to employees under the SIP from a pool of 1,500 shares available for allocation. The fair value of the shares at the date of award was £180,140, which has been recognised as a share-based payment expense during the year.

| During the year, 3 SIP shares were repurchased from a retiring employee for consideration of £41,335 and transferred back to the SIP trust to be held for future awards under the plan.

Chartered Accountants' Report to the Board of Directors

on the Unaudited Financial Statements of

Taytech Environmental Holdings 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 Taytech Environmental Holdings Limited for the year ended 31 March 2026 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity 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 ICAS, we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas-framework-preparation-of-accounts.

This report is made solely to the Board of Directors of Taytech Environmental Holdings 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 Taytech Environmental Holdings Limited and state those matters that we have agreed to state to the Board of Directors of Taytech Environmental Holdings Limited, as a body, in this report in accordance with the requirements of ICAS as detailed at https://icas.com/icas-framework-preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Taytech Environmental Holdings 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 Taytech Environmental Holdings Limited. You consider that Taytech Environmental Holdings 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 Taytech Environmental Holdings 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.

Sharles Ltd

Chartered Accountants

29 Brandon Street

Hamilton

ML3 6DA

16 July 2026