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REGISTERED NUMBER: SC442239 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

FOR

MASONIC ARMS LIMITED

| MASONIC ARMS LIMITED (REGISTERED NUMBER: SC442239) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Chartered Accountants' Report | 9 |

| MASONIC ARMS LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 28 FEBRUARY 2026

| DIRECTORS: | R Gidney

| Ms S Perez Liano

| REGISTERED OFFICE: | c/o DSM Ltd

| Dee Walk

| KIRKCUDBRIGHT

| DG6 4DR

| REGISTERED NUMBER: | SC442239 (Scotland)

| ACCOUNTANTS: | Bell Ogilvy

| Chartered Accountants

| 36 King Street

| Castle Douglas

| Dumfries & Galloway

| DG7 1AF

| BANKERS: | Royal Bank of Scotland

| Castle Douglas (B) Branch

| 133 King Street

| CASTLE DOUGLAS

| DG7 1NB

| MASONIC ARMS LIMITED (REGISTERED NUMBER: SC442239) |

BALANCE SHEET

28 FEBRUARY 2026

| 2026 | 2025 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 523,217 |  | 540,896 |  |

CURRENT ASSETS

Stocks | 14,000 |  | 14,000 |  |

Debtors | 5 | - |  | 16,559 |  |

Cash at bank and in hand | 4,725 |  | 3,035 |  |

18,725 |  | 33,594 |  |

CREDITORS

Amounts falling due within one year | 6 | 126,363 |  | 111,077 |  |

NET CURRENT LIABILITIES | (107,638 | ) | (77,483 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 415,579 |  | 463,413 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (80,432 | ) | (142,392 | ) |

PROVISIONS FOR LIABILITIES | (29,539 | ) | (30,751 | ) |

NET ASSETS | 305,608 |  | 290,270 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 70 |  | 70 |  |

Capital redemption reserve | 10 | 30 |  | 30 |  |

Retained earnings | 10 | 305,508 |  | 290,170 |  |

SHAREHOLDERS' FUNDS | 305,608 |  | 290,270 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

| MASONIC ARMS LIMITED (REGISTERED NUMBER: SC442239) |

BALANCE SHEET - continued

28 FEBRUARY 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 22 July 2026 and were signed on its behalf by:

R Gidney - Director

| MASONIC ARMS LIMITED (REGISTERED NUMBER: SC442239) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

1. | STATUTORY INFORMATION

| Masonic Arms 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.

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 invoiced sales of goods and services supplied to customers during the year, 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 - 10% on reducing balance basis.

| Computer equipment - 25% on reducing balance basis.

| The assets' residual values and useful lives are reviewed, and adjusted, if appropriate, at the end of each reporting period.

| STOCKS

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

| MASONIC ARMS LIMITED (REGISTERED NUMBER: SC442239) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 28 FEBRUARY 2026

2. | ACCOUNTING POLICIES - continued

| FINANCIAL INSTRUMENTS

| Cash

| Cash and cash equivalents comprise cash on hand and call deposits, and other short term high liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

| Trade Debtors

| Trade debtors are amounts due from customers for the sale of goods and services performed in the ordinary course of business.

| Trade debtors are recognised initially at the transaction price and represent the full value of the goods and services charged to customers, including any amounts charged on for third parties.

| Trade Creditors

| Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

| Accounts payable are classified as current liabilities if the company does not have conditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date they are represented as non current liabilities.

| Borrowings

| Interest bearing borrowings are initially recorded at fair value, net of transaction costs. Interest bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the statement of financial activities over the period of the relevant borrowing.

| Provisions and contingencies

| Provisions are recognised when the organisation has a present legal or constructive obligation as a result of past events; it is probable that an outflow of resources will be required to settle the obligation; and the amount of the obligation can be estimated reliably.

| 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.

| MASONIC ARMS LIMITED (REGISTERED NUMBER: SC442239) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 28 FEBRUARY 2026

2. | 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.

| 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.

| 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.

| REVENUE RECOGNITION

| In accordance with the principle of revenue recognition, income is recognised as the right to consideration through performance of contractual obligations and is included in the financial statements when the company is legally entitled to the income.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 25 (2025 - 26 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST

| At 1 March 2025 | 289,604 |  | 361,114 |  | 650,718 |  |

| Additions | - |  | 8,332 |  | 8,332 |  |

| At 28 February 2026 | 289,604 |  | 369,446 |  | 659,050 |  |

| DEPRECIATION

| At 1 March 2025 | - |  | 109,822 |  | 109,822 |  |

| Charge for year | - |  | 26,011 |  | 26,011 |  |

| At 28 February 2026 | - |  | 135,833 |  | 135,833 |  |

| NET BOOK VALUE

| At 28 February 2026 | 289,604 |  | 233,613 |  | 523,217 |  |

| At 28 February 2025 | 289,604 |  | 251,292 |  | 540,896 |  |

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

2026 | 2025 |

£ | £ |

| Other debtors | - |  | 16,559 |  |

| MASONIC ARMS LIMITED (REGISTERED NUMBER: SC442239) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 28 FEBRUARY 2026

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

2026 | 2025 |

£ | £ |

| Bank loans and overdrafts | 43,040 |  | 45,670 |  |

| Trade creditors | 14,926 |  | 17,245 |  |

| Taxation and social security | 42,376 |  | 42,443 |  |

| Other creditors | 26,021 |  | 5,719 |  |

126,363 |  | 111,077 |  |

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

2026 | 2025 |

£ | £ |

| Bank loans | 80,432 |  | 142,392 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 52,032 |  | 62,164 |  |

8. | SECURED DEBTS

| The following secured debts are included within creditors:

2026 | 2025 |

£ | £ |

| Bank loans | 96,262 |  | 170,182 |  |

| Bank loans are secured against the freehold property and Bounceback loans are 100% secured by the government.

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2026 | 2025 |

| value: | £ | £ |

| 70 | Ordinary | £1 | 70 |  | 70 |  |

10. | RESERVES

| Capital |

| Retained |  | redemption |

| earnings |  | reserve |  | Totals

£ | £ | £ |

| At 1 March 2025 | 290,170 |  | 30 |  | 290,200 |  |

| Profit for the year | 36,505 |  | 36,505 |  |

| Dividends | (21,167 | ) | (21,167 | ) |

| At 28 February 2026 | 305,508 |  | 30 |  | 305,538 |  |

| All buybacks have been made by permissible capital payments.

| MASONIC ARMS LIMITED (REGISTERED NUMBER: SC442239) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 28 FEBRUARY 2026

11. | RELATED PARTY DISCLOSURES

| During the year the directors provided an interest free loan to the company with an amount of £20,657 owing by the company at the year end.

12. | ULTIMATE CONTROLLING PARTY

| The company was under the control of the Directors R Gidney and Ms S Perez Liano.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS

ON THE UNAUDITED FINANCIAL STATEMENTS OF

MASONIC ARMS 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 Masonic Arms Limited for the year ended 28 February 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 Masonic Arms 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 Masonic Arms Limited and state those matters that we have agreed to state to the Board of Directors of Masonic Arms 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 Masonic Arms 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 Masonic Arms Limited. You consider that Masonic Arms 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 Masonic Arms 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.

Bell Ogilvy

Chartered Accountants

36 King Street

Castle Douglas

Dumfries & Galloway

DG7 1AF

22 July 2026