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REGISTERED NUMBER: 00722832 (England and Wales)

| FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 MARCH 2026 |

| FOR |

| CLOSOMAT (GREAT BRITAIN) LIMITED |

CLOSOMAT (GREAT BRITAIN) LIMITED (REGISTERED NUMBER: 00722832)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page |

Balance Sheet | 1 |

Notes to the Financial Statements | 2 |

CLOSOMAT (GREAT BRITAIN) LIMITED (REGISTERED NUMBER: 00722832)

BALANCE SHEET

31 MARCH 2026

| 2026 |  | 2025

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 2,604,923 |  | 2,500,313 |  |

Investments | 5 | 132,553 |  | 132,553 |  |

2,737,476 |  | 2,632,866 |  |

CURRENT ASSETS

Stocks | 2,696,428 |  | 2,841,369 |  |

Debtors | 6 | 358,496 |  | 480,335 |  |

Cash at bank | 4,317,916 |  | 4,027,327 |  |

7,372,840 |  | 7,349,031 |  |

CREDITORS

Amounts falling due within one year | 7 | (488,097 | ) | (793,781 | ) |

NET CURRENT ASSETS | 6,884,743 |  | 6,555,250 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 9,622,219 |  | 9,188,116 |  |

PROVISIONS FOR LIABILITIES | (204,539 | ) | (264,308 | ) |

NET ASSETS | 9,417,680 |  | 8,923,808 |  |

CAPITAL AND RESERVES

Called up share capital | 68,000 |  | 68,000 |  |

Revaluation reserve | 9 | 597,987 |  | 614,265 |  |

Retained earnings | 9 | 8,751,693 |  | 8,241,543 |  |

SHAREHOLDERS' FUNDS | 9,417,680 |  | 8,923,808 |  |

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 profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 June 2026 and were signed on its behalf by:

Mrs T A Worrall - Director

CLOSOMAT (GREAT BRITAIN) LIMITED (REGISTERED NUMBER: 00722832)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

1. | STATUTORY INFORMATION

| Closomat (Great Britain) Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 00722832 and the registered address is Jackson House, Suite B, 4th Floor, Sibson Road, Sale, England, M33 7RR.

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

| The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

| The financial statements present the results of the company as a single entity.

| The functional currency of the financial statements is pound sterling.

| Turnover

| Turnover is the total amount receivable by the company for goods supplied and services provided, excluding VAT and trade discounts.

| 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

| Plant and machinery | - | 10% to 33% on cost

| Fixtures and fittings | - | 20% on cost

| Computer equipment | - | 50% on cost

| Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

| At each balance sheet date, the Company reviews the carrying amounts of its 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, if any.

| If the recoverable amount of an asset is estimated to be less than its carrying amount, the carrying amount of the asset is reduced to its recoverable amount. Impairment loss is recognised as an expense immediately.

| Where an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, to the extent that the increased carrying amount does not exceed the carrying amount that would have been determined (net of depreciation) had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised as income immediately.

| Land and buildings are long leasehold.

| Land and buildings, all of which are located in the UK, are measured using the revaluation model. These assets are stated at fair value on the date of the latest revaluation less subsequent accumulated depreciation and any impairment losses, where applicable. Valuations are made with sufficient regularity to ensure that the carrying amount does not differ materially from that which would be determined using fair value at the end of the reporting period.

| At the date of revaluation, the freehold buildings accumulated depreciation is eliminated against the gross carrying amount of the asset and the carrying amount is then restated to the revalued amount of the asset.

CLOSOMAT (GREAT BRITAIN) LIMITED (REGISTERED NUMBER: 00722832)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

2. | ACCOUNTING POLICIES - continued

| Stocks

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

| Financial instruments

| The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102 to all of its financial instruments.

| Financial instruments are recognised when the company becomes party to the contractual provisions 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 other debtors, amounts owed from related companies, amounts owed by joint ventures, listed investments and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method. 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 creditors, other creditors, amounts owed to related companies, and amounts owed to joint ventures, 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 at a market rate of interest.

| Financial liabilities are derecognised when, and only when, the company's contractual obligations are discharged, cancelled, or they expire.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account, 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 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.

CLOSOMAT (GREAT BRITAIN) LIMITED (REGISTERED NUMBER: 00722832)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

2. | ACCOUNTING POLICIES - continued

| Foreign currencies

| Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable are charged to profit in the period to which they relate.

| Investments

| Fixed asset investments are stated at cost less any impairment in fair value.

| Current asset Investments comprise investments in listed shares and are stated at market value.

| Investment income comprises dividends declared during the accounting period and interest receivable on listed and unlisted investments.

| Leasing commitments

| Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

| Going concern

| Based on current trading and future expectations, the directors are confident the company will continue to trade profitably in future periods and generate sufficient cash flows to meet its obligations as they fall due for payment.

| The accounts have therefore been prepared on the going concern basis.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 17 (2025 - 18 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Land and |  | Plant and |  | and |  | Computer |

| buildings |  | machinery |  | fittings |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST OR VALUATION

| At 1 April 2025 | 2,428,164 |  | 640,684 |  | 216,881 |  | 8,827 |  | 3,294,556 |  |

| Additions | 124,303 |  | 29,407 |  | 42,382 |  | 3,930 |  | 200,022 |  |

| Disposals | - |  | (556 | ) | - |  | - |  | (556 | ) |

| At 31 March 2026 | 2,552,467 |  | 669,535 |  | 259,263 |  | 12,757 |  | 3,494,022 |  |

| DEPRECIATION

| At 1 April 2025 | 44,639 |  | 593,713 |  | 150,374 |  | 5,517 |  | 794,243 |  |

| Charge for year | 50,367 |  | 18,432 |  | 22,630 |  | 3,603 |  | 95,032 |  |

| Eliminated on disposal | - |  | (176 | ) | - |  | - |  | (176 | ) |

| At 31 March 2026 | 95,006 |  | 611,969 |  | 173,004 |  | 9,120 |  | 889,099 |  |

| NET BOOK VALUE

| At 31 March 2026 | 2,457,461 |  | 57,566 |  | 86,259 |  | 3,637 |  | 2,604,923 |  |

| At 31 March 2025 | 2,383,525 |  | 46,971 |  | 66,507 |  | 3,310 |  | 2,500,313 |  |

CLOSOMAT (GREAT BRITAIN) LIMITED (REGISTERED NUMBER: 00722832)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

4. | TANGIBLE FIXED ASSETS - continued

| Land and buildings and the investment properties are a combination of freehold and long leasehold.

| On 31 March 2024 the leasehold and investment properties were revalued. The fair value was determined by independent professionally qualified valuers using the market-based sales price.The directors believe that this value is materially consistent with the market value as at 31 March 2026.

| Under the cost model, the carrying amount of the leasehold property would have been £1,220k (2025: £1,245k), comprised of cost of properties of £1,270k (2025: £1,270k), less accumulated depreciation of £50k (2025: £25k).

5. | FIXED ASSET INVESTMENTS

| Interest

| in joint

| venture

£ |

| COST

| At 1 April 2025

| and 31 March 2026 | 132,553 |  |

| NET BOOK VALUE

| At 31 March 2026 | 132,553 |  |

| At 31 March 2025 | 132,553 |  |

| The company's investments at the Balance Sheet date in the share capital of companies include the following:

| Joint venture

| Inter Closomat AG

| Registered office: c/o Treuhand- und Revisionsgesellschaft Mattig-Suter und Partner, Zug AG, Baarerstrasse 8, 6302 Zug, Switzerland

| Nature of business: Holding Company

| %

| Class of shares: | holding |

| Ordinary | 50.00 |

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

2026 | 2025 |

£ | £ |

| Amounts owed by related companies | 90,592 |  | 128,288 |  |

| Other debtors | 37,497 |  | 74,888 |  |

| Deferred duty and VAT | 120,137 |  | 197,642 |  |

| Prepayments and accrued income | 110,270 |  | 79,517 |  |

358,496 |  | 480,335 |  |

CLOSOMAT (GREAT BRITAIN) LIMITED (REGISTERED NUMBER: 00722832)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

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

2026 | 2025 |

£ | £ |

| Trade creditors | 269,709 |  | 385,210 |  |

| Corporation tax | 92,837 |  | 229,488 |  |

| Accrued expenses | 125,551 |  | 179,083 |  |

488,097 |  | 793,781 |  |

8. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

2026 | 2025 |

£ | £ |

| Within one year | - |  | 11,883 |  |

9. | RESERVES

| Retained |  | Revaluation |

| earnings |  | reserve |  | Totals

£ | £ | £ |

| At 1 April 2025 | 8,241,543 |  | 614,265 |  | 8,855,808 |  |

| Profit for the year | 785,587 |  | - |  | 785,587 |  |

| Dividends | (291,715 | ) | - |  | (291,715 | ) |

| Transfer | 16,278 |  | (16,278 | ) | - |  |

| At 31 March 2026 | 8,751,693 |  | 597,987 |  | 9,349,680 |  |

| The revaluation reserve represents the excess of the valuation of leasehold property over its original cost net of deferred tax of £203,474. It is not available for distribution as it is unrealised.

10. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

| The Report of the Auditors was unqualified.

| Thomas Smart (Senior Statutory Auditor)

| for and on behalf of Harold Sharp Limited

11. | CAPITAL COMMITMENTS

| At 31 March 2026 the company had capital commitments of £nil (2025: £60,682).

12. | RELATED PARTY DISCLOSURES

| During the year total dividends of £291,715 (2025: £1,348,600) were paid to the shareholders.