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REGISTERED NUMBER: 03742114 (England and Wales)

| Unaudited Financial Statements for the Year Ended 30th April 2026 |

| for |

| Cad Cut Limited |

Cad Cut Limited (Registered number: 03742114)

Contents of the Financial Statements

for the Year Ended 30th April 2026

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Cad Cut Limited

Company Information

for the Year Ended 30th April 2026

| DIRECTORS: | Mr A T Ford

| Ms R Ford

| Mr P J Chilcott

| Mr S P Chilcott

| SECRETARY: | Mr A T Ford

| REGISTERED OFFICE: | Unit 8 Ridgeway Industrial Centre

| Chapel Lane

| Fishponds

| Bristol

| City of Bristol

| BS5 7EY

| REGISTERED NUMBER: | 03742114 (England and Wales)

| ACCOUNTANTS: | Dunkley's

| Woodlands Grange

| Woodlands Lane

| Bradley Stoke

| Bristol

| United Kingdom

| BS32 4JY

Cad Cut Limited (Registered number: 03742114)

Balance Sheet

30th April 2026

| 30.4.26 | 30.4.25 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 49 |  | 674 |  |

Tangible assets | 5 | 23,703 |  | 29,738 |  |

23,752 |  | 30,412 |  |

CURRENT ASSETS

Stocks | 6 | 36,000 |  | 38,500 |  |

Debtors | 7 | 168,420 |  | 168,542 |  |

Cash at bank and in hand | 8 | 80,405 |  | 107,801 |  |

284,825 |  | 314,843 |  |

CREDITORS

Amounts falling due within one year | 9 | 155,651 |  | 141,518 |  |

NET CURRENT ASSETS | 129,174 |  | 173,325 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 152,926 |  | 203,737 |  |

CREDITORS

Amounts falling due after more than one year | 10 | - |  | (2,500 | ) |

PROVISIONS FOR LIABILITIES | (4,237 | ) | (6,297 | ) |

NET ASSETS | 148,689 |  | 194,940 |  |

CAPITAL AND RESERVES

Called up share capital | 12 | 2,000 |  | 2,000 |  |

Retained earnings | 13 | 146,689 |  | 192,940 |  |

SHAREHOLDERS' FUNDS | 148,689 |  | 194,940 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2026.

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

Cad Cut Limited (Registered number: 03742114)

Balance Sheet - continued

30th April 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 27th July 2026 and were signed on its behalf by:

Mr A T Ford - Director

Cad Cut Limited (Registered number: 03742114)

Notes to the Financial Statements

for the Year Ended 30th April 2026

1. | STATUTORY INFORMATION

| Cad Cut Limited 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.

| The financial statements are presented in sterling (£), which is the functional currency of the company.

| Critical accounting judgements and key sources of estimation uncertainty

| In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. These estimates and underlying assumptions are based on historical experience and other factors considered to be relevant.

| Actual results may differ from these estimates.

| The key judgements and sources of estimation uncertainty are as follows:

| Valuation of stocks

| Stocks are valued at the lower of cost and net realisable value. The directors exercise judgement in assessing the recoverability of stock and making appropriate provision for obsolete or slow-moving items.

| Useful economic lives of tangible fixed assets

| Depreciation is calculated based on the estimated useful lives of assets. The directors review these estimates annually and revise them where necessary to reflect current conditions.

| Recoverability of trade debtors

| The company reviews trade debtors for impairment and makes provision where there is objective evidence that amounts may not be recoverable. This requires judgement in assessing the creditworthiness of customers and historical collection experience.

| Turnover

| Turnover represents the invoiced value of goods and services supplied during the year, excluding value added tax. Revenue from plasma and flame cutting services is recognised at the point the work is completed and delivered to the customer, or when collection occurs, as this is when control passes and the company has an enforceable right to payment. Where work is performed over a period of time, turnover is recognised when the performance obligation has been satisfied, based on the stage of completion where this can be reliably measured.

| 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.

| Computer software is being amortised evenly over its estimated useful life of three years.

| 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 | - | 20% on reducing balance

| Fixtures and fittings | - | 25% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | Reducing balance over 3 years

| Financial instruments

| The company applies Section 11 "Basic Financial Instruments". Financial assets and liabilities are recognised at transaction price and subsequently measured at amortised cost.

Cad Cut Limited (Registered number: 03742114)

Notes to the Financial Statements - continued

for the Year Ended 30th April 2026

2. | ACCOUNTING POLICIES - continued

| 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.

| 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.

| 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.

| Going concern

| The financial statements have been prepared on a going concern basis. The directors have considered the company’s financial position and are satisfied that it will be able to meet its liabilities as they fall due for a period of at least twelve months from the date of approval of these financial statements.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 8 (2025 - 7 ) .

4. | INTANGIBLE FIXED ASSETS

| Other

| intangible

| assets

£ |

| COST

| At 1st May 2025

| and 30th April 2026 | 4,875 |  |

| AMORTISATION

| At 1st May 2025 | 4,201 |  |

| Charge for year | 625 |  |

| At 30th April 2026 | 4,826 |  |

| NET BOOK VALUE

| At 30th April 2026 | 49 |  |

| At 30th April 2025 | 674 |  |

Cad Cut Limited (Registered number: 03742114)

Notes to the Financial Statements - continued

for the Year Ended 30th April 2026

5. | TANGIBLE FIXED ASSETS

| Improvements |  | Fixtures

| to |  | Plant and |  | and

| property |  | machinery |  | fittings

£ | £ | £ |

| COST

| At 1st May 2025 | 3,089 |  | 254,965 |  | 4,241 |  |

| Additions | - |  | - |  | - |  |

| At 30th April 2026 | 3,089 |  | 254,965 |  | 4,241 |  |

| DEPRECIATION

| At 1st May 2025 | 3,089 |  | 228,440 |  | 3,565 |  |

| Charge for year | - |  | 5,689 |  | 169 |  |

| At 30th April 2026 | 3,089 |  | 234,129 |  | 3,734 |  |

| NET BOOK VALUE

| At 30th April 2026 | - |  | 20,836 |  | 507 |  |

| At 30th April 2025 | - |  | 26,525 |  | 676 |  |

| Motor |  | Computer |

| vehicles |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1st May 2025 | 9,490 |  | 15,632 |  | 287,417 |  |

| Additions | - |  | 707 |  | 707 |  |

| At 30th April 2026 | 9,490 |  | 16,339 |  | 288,124 |  |

| DEPRECIATION

| At 1st May 2025 | 9,098 |  | 13,487 |  | 257,679 |  |

| Charge for year | 98 |  | 786 |  | 6,742 |  |

| At 30th April 2026 | 9,196 |  | 14,273 |  | 264,421 |  |

| NET BOOK VALUE

| At 30th April 2026 | 294 |  | 2,066 |  | 23,703 |  |

| At 30th April 2025 | 392 |  | 2,145 |  | 29,738 |  |

6. | STOCKS

| 30.4.26 |  | 30.4.25

£ | £ |

| Stocks | 36,000 |  | 38,500 |  |

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

| 30.4.26 |  | 30.4.25

£ | £ |

| Trade debtors | 165,617 |  | 161,980 |  |

| Other debtors | - |  | 3,042 |  |

| Prepayments | 2,803 |  | 3,520 |  |

168,420 |  | 168,542 |  |

Cad Cut Limited (Registered number: 03742114)

Notes to the Financial Statements - continued

for the Year Ended 30th April 2026

8. | CASH AT BANK AND IN HAND

| 30.4.26 |  | 30.4.25

£ | £ |

| Bank account | 26,155 |  | 17,551 |  |

| Bank account no. 2 | 54,000 |  | 90,000 |  |

| Cash in hand | 250 |  | 250 |  |

80,405 |  | 107,801 |  |

| Cash and cash equivalents comprise cash at bank and in hand and short-term deposits with an original maturity of three months or less.

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

| 30.4.26 |  | 30.4.25

£ | £ |

| Bank loans and overdrafts | 2,500 |  | 10,000 |  |

| Trade creditors | 115,525 |  | 89,949 |  |

| Tax | 2,167 |  | 20,657 |  |

| Social security and other taxes | 2,771 |  | (2,831 | ) |

| VAT | 14,270 |  | 15,237 |  |

| Other creditors | 10,684 |  | 1,633 |  |

| Directors' current accounts | 5,434 |  | 4,688 |  |

| Accrued expenses | 2,300 |  | 2,185 |  |

155,651 |  | 141,518 |  |

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

| 30.4.26 |  | 30.4.25

£ | £ |

| Bank loans - 1-2 years | - |  | 2,500 |  |

11. | SECURED DEBTS

| There were no secured debts at the year end.

12. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 30.4.26 |  | 30.4.25

| value: | £ | £ |

| 1,000 | Ordinary A | £1 | 1,000 |  | 1,000 |  |

| 1,000 | Ordinary B | £1 | 1,000 |  | 1,000 |  |

2,000 |  | 2,000 |  |

Cad Cut Limited (Registered number: 03742114)

Notes to the Financial Statements - continued

for the Year Ended 30th April 2026

13. | RESERVES

| Retained

| earnings

£ |

| At 1st May 2025 | 192,940 |  |

| Profit for the year | 3,749 |  |

| Dividends | (50,000 | ) |

| At 30th April 2026 | 146,689 |  |

14. | CONTINGENT LIABILITIES

| The company had no contingent liabilities at the balance sheet date.

15. | OTHER FINANCIAL COMMITMENTS

| At the balance sheet date the company had no capital or other financial commitments.

16. | RELATED PARTY DISCLOSURES

| During the year, the company entered into the following transactions with related parties:

| Directors' loan account: At the year end, the company owed £5,434 to the directors (2024: £4,688). The balance is unsecured, interest-free and repayable on demand.

17. | POST BALANCE SHEET EVENTS

| On 15 May 2026, the shares held by Mr G D Saunders and Mrs N Saunders were transferred to Chilcott Group Limited. Following the acquisition, Mr G D Saunders and Mrs N Saunders resigned as directors and Mr Simon Paul Chilcott and Mr Peter James Chilcott were appointed as directors.