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REGISTERED NUMBER: 07259134 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

PERIGON UK LIMITED

PERIGON UK LIMITED (REGISTERED NUMBER: 07259134)

CONTENTS OF THE FINANCIAL STATEMENTS

For The Year Ended 31 December 2025

Page |

Company Information | 1 |

Abridged Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

PERIGON UK LIMITED

COMPANY INFORMATION

For The Year Ended 31 December 2025

| DIRECTOR: | S H M Schmitz

| REGISTERED OFFICE: | Unit Aspen

| Greenhills Estate

| Farnham

| Surrey

| GU10 2DZ

| REGISTERED NUMBER: | 07259134 (England and Wales)

PERIGON UK LIMITED (REGISTERED NUMBER: 07259134)

ABRIDGED BALANCE SHEET

31 December 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 40,000 |  | 376,047 |  |

CURRENT ASSETS

Stocks | - |  | 20,911 |  |

Debtors | 163,027 |  | 119,440 |  |

Cash at bank | 78,390 |  | 40,100 |  |

241,417 |  | 180,451 |  |

CREDITORS

Amounts falling due within one year | 405,223 |  | 1,669,433 |  |

NET CURRENT LIABILITIES | (163,806 | ) | (1,488,982 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (123,806 | ) | (1,112,935 | ) |

CREDITORS

Amounts falling due after more than one year | - |  | (15,876 | ) |

PROVISIONS FOR LIABILITIES | 6 | (72,788 | ) | - |  |

NET LIABILITIES | (196,594 | ) | (1,128,811 | ) |

CAPITAL AND RESERVES

Called up share capital | 247 |  | 247 |  |

Share premium | 119,213 |  | 119,213 |  |

Capital contribution | 840,808 |  | 840,808 |  |

Retained earnings | (1,156,862 | ) | (2,089,079 | ) |

(196,594 | ) | (1,128,811 | ) |

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 24 July 2026 and were signed by:

S H M Schmitz - Director

PERIGON UK LIMITED (REGISTERED NUMBER: 07259134)

NOTES TO THE FINANCIAL STATEMENTS

For The Year Ended 31 December 2025

1. | STATUTORY INFORMATION

| Perigon UK 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

| The financial statements have been prepared in accordance with the provisions of Section 1A ''Smaller 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.

| At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company is reliant upon support from the parent company and other group companies, who will continue to provide the necessary finance to enable the company to meet its liabilities as they fall due. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

| Related party exemption

| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

| Turnover

| Turnover represents sales of printing services, sales of printing equipment and re-invoicing of intercompany expenses as well as printing services, all excluding value added tax.

| Turnover is recognised as the right to consideration arises and adjustments are made for accrued and deferred income.

| Tangible fixed assets

| Tangible fixed assets are stated at cost or valuation less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

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

| Leasehold improvements |  | - |  | 10 years |  |

| Plant and machinery |  | - |  | 7 years |  |

| Office and computer equipment |  | - |  | 4 years |  |

| Furniture and fixtures |  | - |  | 8 years |  |

| Tangible assets under construction |  | - |  | No depreciation |  |

| Stocks

| Ink and printing consumables are stated at the lower of cost and estimated selling price, less costs to complete and sell. Cost includes all costs of purchase, including costs to bring stock to its present location and condition. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

| Printing equipment is stated at the lower of cost and estimated selling price. Cost includes all costs of purchase, including costs to bring the equipment to its present location and condition. An impairment review is conducted by management at each year end in order to identify damaged, obsolete and slow-moving stock.

| Financial instruments

| The company enters into basic financial instruments, which result in the recognition of financial assets and liabilities. Financial instruments are recognised at amortised cost. At the end of each reporting period financial instruments are assessed for evidence of impairment, and changes are recognised in profit or loss.

PERIGON UK LIMITED (REGISTERED NUMBER: 07259134)

NOTES TO THE FINANCIAL STATEMENTS - continued

For The Year Ended 31 December 2025

2. | ACCOUNTING POLICIES - continued

| Taxation

| Taxation for the year comprises current 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 tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods.

| Consideration is given to whether deferred tax should be provided in respect of material timing differences which have not reversed at the balance sheet date. Deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or future taxable profits.

| Current tax assets and liabilities are not discounted and are 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.

| Foreign currencies

| Transactions denominated in foreign currencies are translated into sterling and recorded at the rate of exchange ruling at the date of the transaction. Balances at the year-end denominated in a foreign currency are translated into sterling at the rate of exchange ruling at the balance sheet date.

| Hire purchase and leasing commitments

| Rentals payable under operating leases are charged to the profit and loss account 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 are charged to the profit and loss in the period to which they relate.

| Provisions

| Provisions are recognised when there is a present obligation from past events, there is a probable outflow of resources and the amount can be reliably estimated.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 9 (2024 - 9 ) .

PERIGON UK LIMITED (REGISTERED NUMBER: 07259134)

NOTES TO THE FINANCIAL STATEMENTS - continued

For The Year Ended 31 December 2025

4. | TANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 January 2025 | 620,987 |  |

| Additions | 37,010 |  |

| Disposals | (599,024 | ) |

| At 31 December 2025 | 58,973 |  |

| DEPRECIATION

| At 1 January 2025 | 244,940 |  |

| Charge for year | 129,768 |  |

| Eliminated on disposal | (355,735 | ) |

| At 31 December 2025 | 18,973 |  |

| NET BOOK VALUE

| At 31 December 2025 | 40,000 |  |

| At 31 December 2024 | 376,047 |  |

5. | LEASING AGREEMENTS

| Minimum lease payments fall due as follows:

| Finance leases |

2025 | 2024 |

£ | £ |

| Net obligations repayable:

| Within one year | - |  | 17,320 |  |

| Between one and five years | - |  | 15,876 |  |

- |  | 33,196 |  |

| Non-cancellable |

| operating leases |

2025 | 2024 |

£ | £ |

| Within one year | 10,408 |  | 153,465 |  |

| Between one and five years | - |  | 274,460 |  |

10,408 |  | 427,925 |  |

6. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

£ | £ |

| Other provisions | 72,788 |  | - |  |

PERIGON UK LIMITED (REGISTERED NUMBER: 07259134)

NOTES TO THE FINANCIAL STATEMENTS - continued

For The Year Ended 31 December 2025

6. | PROVISIONS FOR LIABILITIES - continued

| Onerous |

| leases |

£ |

| Provided during year | 72,788 |  |

| Balance at 31 December 2025 | 72,788 |  |

| At the year end the company had committed to cease trading. As the premises were no longer expected to generate economic benefits for the company, the lease was assessed as onerous at 31 December 2025.

| A provision of £72,788 has been recognised for the unavoidable costs arising under the lease, comprising the estimated rent and associated contractual costs payable during the notice period, together with the agreed lease termination penalty. The provision represents the directors’ best estimate of the least net cost of exiting the lease and is expected to be settled within one year of the reporting date.

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

| The Report of the Auditors was unqualified.

| Katharine Halsall (Senior Statutory Auditor)

| for and on behalf of Caldwell Penn Limited, Statutory Auditor

8. | RELATED PARTY DISCLOSURES

| On 31 December 2025, the following amounts were owed to related parties:

| Perigon GmbH - £289,855 (2024:£1,429,032)

| SIHL GmbH - £2,649 (2024:£8,037)

9. | ULTIMATE CONTROLLING PARTY

| The director considers SIHL I Holding AG (incorporated in Switzerland) to be the Ultimate Controlling Party.

| SIHL I Holding AG is the parent company for both the smallest and largest group in which the company is a member and for which consolidated financial statements are prepared. The registered office and principal place of business of SIHL I Holding AG is: Schermenweg 151, CH-3072 Ostermundigen, Bern, Switzerland.

10. | DEFERRED TAX ASSET

| No deferred tax asset has been recognised in these financial statements in respect of tax losses. This is due to the uncertainty as to when the asset will be recovered, which will depend upon the company's future taxable profits. There are tax losses carried forward of approximately £3,302,000 (2024 - £2,488,000), which if provided for would result in a deferred tax asset of approximately £627,300 (2024 - £472,500).

11. | FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

| In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.