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REGISTERED NUMBER: 12923867 (England and Wales)

| TLB SPORTS LTD |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 OCTOBER 2025 |

| TLB SPORTS LTD (REGISTERED NUMBER: 12923867) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 3 |

| TLB SPORTS LTD |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 OCTOBER 2025

| DIRECTOR: | Mr T Billing

| REGISTERED OFFICE: | First Floor - Suite 3

| Codas House

| 54-60 Merthyr Road

| Whitchurch

| Cardiff

| CF14 1DJ

| REGISTERED NUMBER: | 12923867 (England and Wales)

| ACCOUNTANTS: | Carston ETL

| Tudor House

| 16 Cathedral Road

| Cardiff

| CF11 9LJ

| TLB SPORTS LTD (REGISTERED NUMBER: 12923867) |

STATEMENT OF FINANCIAL POSITION

31 OCTOBER 2025

2025 | 2024 |

| Notes | £ | £ | £ | £

FIXED ASSETS

Intangible assets | 4 | 6,000 |  | 7,200 |  |

Tangible assets | 5 | 4,226 |  | 612 |  |

10,226 |  | 7,812 |  |

CURRENT ASSETS

Stocks | 500 |  | 500 |  |

Debtors | 6 | 652,045 |  | 621,690 |  |

Cash at bank | 70,065 |  | 50,331 |  |

722,610 |  | 672,521 |  |

CREDITORS

Amounts falling due within one year | 7 | 604,368 |  | 582,217 |  |

NET CURRENT ASSETS | 118,242 |  | 90,304 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 128,468 |  | 98,116 |  |

CAPITAL AND RESERVES

Called up share capital | 1 |  | 1 |  |

Retained earnings | 128,467 |  | 98,115 |  |

SHAREHOLDERS' FUNDS | 128,468 |  | 98,116 |  |

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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 July 2026 and were signed by:

Mr T Billing - Director

| TLB SPORTS LTD (REGISTERED NUMBER: 12923867) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

1. | STATUTORY INFORMATION

| TLB Sports 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 a business in 2021, is being amortised evenly over its estimated useful life of ten years.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Tangible fixed assets

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

| Computer equipment | - | 25% straight line on cost

| Stocks

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

| 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 statement of financial position date.

| Hire purchase and leasing commitments

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

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2024 - 1 ) .

| TLB SPORTS LTD (REGISTERED NUMBER: 12923867) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2025

4. | INTANGIBLE FIXED ASSETS

Goodwill |

| £

| COST

| At 1 November 2024

| and 31 October 2025 | 12,000 |  |

| AMORTISATION

| At 1 November 2024 | 4,800 |  |

| Amortisation for year | 1,200 |  |

| At 31 October 2025 | 6,000 |  |

| NET BOOK VALUE

| At 31 October 2025 | 6,000 |  |

| At 31 October 2024 | 7,200 |  |

5. | TANGIBLE FIXED ASSETS

Fixtures |

and | Computer |

fittings | equipment | Totals |

| £ | £ | £

| COST

| At 1 November 2024 | - |  | 1,449 |  | 1,449 |  |

| Additions | 5,302 |  | - |  | 5,302 |  |

| At 31 October 2025 | 5,302 |  | 1,449 |  | 6,751 |  |

| DEPRECIATION

| At 1 November 2024 | - |  | 837 |  | 837 |  |

| Charge for year | 1,326 |  | 362 |  | 1,688 |  |

| At 31 October 2025 | 1,326 |  | 1,199 |  | 2,525 |  |

| NET BOOK VALUE

| At 31 October 2025 | 3,976 |  | 250 |  | 4,226 |  |

| At 31 October 2024 | - |  | 612 |  | 612 |  |

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

2025 | 2024 |

| £ | £

| Trade debtors | 578,581 |  | 564,155 |  |

| Other debtors | 73,464 |  | 57,535 |  |

652,045 |  | 621,690 |  |

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

2025 | 2024 |

| £ | £

| Bank loans and overdrafts | 72,132 |  | - |  |

| Trade creditors | 456,359 |  | 561,177 |  |

| Taxation and social security | 43,997 |  | 20,140 |  |

| Other creditors | 31,880 |  | 900 |  |

604,368 |  | 582,217 |  |

| TLB SPORTS LTD (REGISTERED NUMBER: 12923867) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2025

8. | LEASING AGREEMENTS

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

2025 | 2024 |

| £ | £

| Within one year | 8,656 |  | 8,656 |  |

| Between one and five years | 720 |  | 9,376 |  |

9,376 |  | 18,032 |  |

9. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

2025 | 2024 |

| £ | £

| Mr T Billing

| Balance outstanding at start of year | 27,923 |  | (25,271 | ) |

| Amounts advanced | 182,224 |  | 124,274 |  |

| Amounts repaid | (151,310 | ) | (71,080 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 58,837 |  | 27,923 |  |

| Interest of £1,682 was charged on the overdrawn balance during the year.