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REGISTERED NUMBER: 04877659 (England and Wales)

| Financial Statements |

| for the Year Ended 31 August 2025 |

| for |

| Guildford Lock & Safe Limited |

| Guildford Lock & Safe Limited (Registered number: 04877659) |

Contents of the Financial Statements

for the Year Ended 31 August 2025

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 4 |

| Guildford Lock & Safe Limited |

Company Information

for the Year Ended 31 August 2025

| DIRECTOR: | J M Wickens

| REGISTERED OFFICE: | Chancery House

| 30 St Johns Road

| Woking

| Surrey

| GU21 7SA

| REGISTERED NUMBER: | 04877659 (England and Wales)

| ACCOUNTANTS: | Wilson Partners Limited

| Chancery House

| 30 St Johns Road

| Woking

| Surrey

| GU21 7SA

| Guildford Lock & Safe Limited (Registered number: 04877659) |

Statement of Financial Position

31 August 2025

| 31/8/25 |  | 31/8/24

| Notes | £ | £ |

FIXED ASSETS

Property, plant and equipment | 5 | 53,767 |  | 42,405 |  |

CURRENT ASSETS

Inventories | 57,981 |  | 58,000 |  |

Debtors | 6 | 92,382 |  | 66,857 |  |

150,363 |  | 124,857 |  |

CREDITORS

Amounts falling due within one year | 7 | (178,816 | ) | (148,583 | ) |

NET CURRENT LIABILITIES | (28,453 | ) | (23,726 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 25,314 |  | 18,679 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (14,058 | ) | (10,194 | ) |

PROVISIONS FOR LIABILITIES | (10,216 | ) | (8,057 | ) |

NET ASSETS | 1,040 |  | 428 |  |

CAPITAL AND RESERVES

Called up share capital | 10 |  | 10 |  |

Retained earnings | 1,030 |  | 418 |  |

1,040 |  | 428 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

| Guildford Lock & Safe Limited (Registered number: 04877659) |

Statement of Financial Position - continued

31 August 2025

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 30 July 2026 and were signed by:

J M Wickens - Director

| Guildford Lock & Safe Limited (Registered number: 04877659) |

Notes to the Financial Statements

for the Year Ended 31 August 2025

1. | STATUTORY INFORMATION

| Guildford Lock & Safe 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.

| 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.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

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

| The accounts have been prepared on a going concern basis as the director has confirmed that he will continue to provide support to the company to enable it to meet its liabilities for the twelve months from the date of signing these financial statements.

| Turnover

| Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| 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 | - | 25% on reducing balance

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

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | 25% on reducing balance

| Stocks

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

| 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.

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 5 (2024 - 5 ) .

| Guildford Lock & Safe Limited (Registered number: 04877659) |

Notes to the Financial Statements - continued

for the Year Ended 31 August 2025

5. | PROPERTY, PLANT AND EQUIPMENT

| Fixtures |

| Plant and |  | and |  | Motor |  | Computer |

| machinery |  | fittings |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| Cost

| At 1 September 2024 | 84,051 |  | 4,732 |  | 83,430 |  | 3,938 |  | 176,151 |  |

| Additions | 3,845 |  | 134 |  | 24,990 |  | - |  | 28,969 |  |

| Disposals | - |  | - |  | (16,785 | ) | - |  | (16,785 | ) |

| At 31 August 2025 | 87,896 |  | 4,866 |  | 91,635 |  | 3,938 |  | 188,335 |  |

| Depreciation

| At 1 September 2024 | 64,652 |  | 3,769 |  | 62,642 |  | 2,683 |  | 133,746 |  |

| Charge for year | 5,384 |  | 266 |  | 9,983 |  | 294 |  | 15,927 |  |

| Eliminated on disposal | - |  | - |  | (15,105 | ) | - |  | (15,105 | ) |

| At 31 August 2025 | 70,036 |  | 4,035 |  | 57,520 |  | 2,977 |  | 134,568 |  |

| Net book value

| At 31 August 2025 | 17,860 |  | 831 |  | 34,115 |  | 961 |  | 53,767 |  |

| At 31 August 2024 | 19,399 |  | 963 |  | 20,788 |  | 1,255 |  | 42,405 |  |

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

| 31/8/25 |  | 31/8/24

£ | £ |

| Trade debtors | 25,200 |  | 25,103 |  |

| Other debtors | 16,775 |  | 10,485 |  |

| Directors' current accounts | 50,407 |  | 28,180 |  |

| Tax | - |  | 3,089 |  |

92,382 |  | 66,857 |  |

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

| 31/8/25 |  | 31/8/24

£ | £ |

| Bank loans and overdrafts (see note 9) | 13,847 |  | 22,165 |  |

| Hire purchase contracts | 8,527 |  | 5,498 |  |

| Trade creditors | 57,786 |  | 35,165 |  |

| Taxation and social security | 78,333 |  | 66,809 |  |

| Other creditors | 20,323 |  | 18,946 |  |

178,816 |  | 148,583 |  |

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

| 31/8/25 |  | 31/8/24

£ | £ |

| Bank loans (see note 9) | - |  | 7,904 |  |

| Hire purchase contracts | 14,058 |  | 2,290 |  |

14,058 |  | 10,194 |  |

| Guildford Lock & Safe Limited (Registered number: 04877659) |

Notes to the Financial Statements - continued

for the Year Ended 31 August 2025

9. | LOANS

| An analysis of the maturity of loans is given below:

| 31/8/25 |  | 31/8/24

£ | £ |

| Amounts falling due within one year or on demand:

| Bank overdrafts | 5,943 |  | 11,854 |  |

| Bank loans | 7,904 |  | 10,311 |  |

13,847 |  | 22,165 |  |

| Amounts falling due between one and two years:

| Bank loans - 1-2 years | - |  | 7,904 |  |

| In May 2020 the company borrowed £50,000 from its bankers under the Government's Bounce Back Loan Scheme. The loan is repayable over six years and interest of 2.5% is charged.

10. | SECURED DEBTS

| The following secured debts are included within creditors:

| 31/8/25 |  | 31/8/24

£ | £ |

| Bank overdrafts | 5,943 |  | 11,854 |  |

| Hire purchase contracts | 22,585 |  | 7,788 |  |

28,528 |  | 19,642 |  |

| The company's bankers have a fixed and floating charge over the company's assets.

11. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

| 31/8/25 |  | 31/8/24

£ | £ |

| J M Wickens

| Balance outstanding at start of year | 28,180 |  | 19,028 |  |

| Amounts advanced | 22,227 |  | 9,823 |  |

| Amounts repaid | - |  | (671 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 50,407 |  | 28,180 |  |