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REGISTERED NUMBER: 06455747 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31ST MARCH 2026 |

| FOR |

| MAGNUS INSURANCE SERVICES LIMITED |

MAGNUS INSURANCE SERVICES LIMITED (REGISTERED NUMBER: 06455747) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

| Page |

| Company Information | 1 |

| Balance Sheet | 2 |  | to |  | 3

| Notes to the Financial Statements | 4 |  | to |  | 6

| MAGNUS INSURANCE SERVICES LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31ST MARCH 2026

| DIRECTORS: | N D Garner

| A S Hughes

| Mrs K A Beales

| Mrs E V Parkes

| SECRETARY: | Mrs S A Garner

| REGISTERED OFFICE: | 5400 Lakeside

| Cheadle Royal Business Park

| Cheadle

| Cheshire

| SK8 3GQ

| REGISTERED NUMBER: | 06455747 (England and Wales)

| ACCOUNTANTS: | Allens Accountants Limited

| Chartered Accountants

| 123 Wellington Road South

| Stockport

| Cheshire

| SK1 3TH

MAGNUS INSURANCE SERVICES LIMITED (REGISTERED NUMBER: 06455747) |

BALANCE SHEET

31ST MARCH 2026

| 2026 | 2025 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investments | 4 | 515,800 |  | - |  |

CURRENT ASSETS

Debtors | 5 | 561,080 |  | 1,149,718 |  |

Cash at bank | 51,754 |  | 72,191 |  |

612,834 |  | 1,221,909 |  |

CREDITORS

Amounts falling due within one year | 6 | 601,370 |  | 850,930 |  |

NET CURRENT ASSETS | 11,464 |  | 370,979 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 527,264 |  | 370,979 |  |

PROVISIONS FOR LIABILITIES | 7 | 16,450 |  | - |  |

NET ASSETS | 510,814 |  | 370,979 |  |

CAPITAL AND RESERVES

Called up share capital | 8 | 180 |  | 180 |  |

Share premium | 67,420 |  | 69,920 |  |

Capital redemption reserve | 1,750 |  | 1,750 |  |

Fair value reserve | 9 | 49,350 |  | - |  |

Retained earnings | 392,114 |  | 299,129 |  |

510,814 |  | 370,979 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2026.

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

MAGNUS INSURANCE SERVICES LIMITED (REGISTERED NUMBER: 06455747) |

BALANCE SHEET - continued

31ST MARCH 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 4th August 2026 and were signed on its behalf by:

N D Garner - Director

MAGNUS INSURANCE SERVICES LIMITED (REGISTERED NUMBER: 06455747) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

1. | STATUTORY INFORMATION

| Magnus Insurance Services 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 as modified by the revaluation of certain assets.

| Turnover

| Turnover comprises commission receivable and is accounted for at the point the full insurance premium is received.

| Financial instruments

| A financial asset or liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

| Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

| Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

| For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

| Financial liabilities and equity instruments are classified according to the substance of the contractual arrangement entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

| 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.

MAGNUS INSURANCE SERVICES LIMITED (REGISTERED NUMBER: 06455747) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST MARCH 2026

2. | ACCOUNTING POLICIES - continued

| Fixed asset investments

| Investments in unlisted and publicly traded shares are initially recognized at transaction price plus directly attributable transaction costs. Subsequently, they are measured at fair value at each reporting date. Changes in fair value are recognized directly in the profit and loss account for the period. Where the fair value of an equity instrument cannot be measured reliably, the investment is measured at cost less impairment

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 5 (2025 - 5 ) .

4. | FIXED ASSET INVESTMENTS

| Other

| investments

£ |

| COST OR VALUATION

| Additions | 450,000 |  |

| Revaluations | 65,800 |  |

| At 31st March 2026 | 515,800 |  |

| NET BOOK VALUE

| At 31st March 2026 | 515,800 |  |

| Cost or valuation at 31st March 2026 is represented by:

| Other

| investments

£ |

| Valuation in 2026 | 65,800 |  |

| Cost | 450,000 |  |

515,800 |  |

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

2026 | 2025 |

£ | £ |

| Trade debtors | 561,080 |  | 1,149,718 |  |

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

2026 | 2025 |

£ | £ |

| Taxation and social security | 32,521 |  | 31,323 |  |

| Other creditors | 568,849 |  | 819,607 |  |

601,370 |  | 850,930 |  |

7. | PROVISIONS FOR LIABILITIES

2026 | 2025 |

£ | £ |

| Deferred tax | 16,450 |  | - |  |

MAGNUS INSURANCE SERVICES LIMITED (REGISTERED NUMBER: 06455747) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST MARCH 2026

7. | PROVISIONS FOR LIABILITIES - continued

| Deferred |

| tax |

£ |

| Provided during year | 16,450 |  |

| Balance at 31st March 2026 | 16,450 |  |

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

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

|  | value: |  |  | £ |  |  | £ |

| 180 |  | Ordinary |  | £1 |  |  | 180 |  |  | 180 |

| 0 (2025 - 1) |  | Ordinary 'A' |  | £0.0000001 |  |  | - |  |  | - |

| 1 |  | Ordinary 'C' |  | £0.0000001 |  |  | - |  |  | - |

|  | 180 |  |  | 180 |

| During the year, the Company purchased the single Ordinary 'A' share in issue for total consideration of £7,038. This share was immediately cancelled following purchase.

| The 'C' Ordinary share carries no rights to income or voting and has restricted rights to capital.

9. | RESERVES

| Fair

| value

| reserve

£ |

| Transfer | 49,350 |  |

| At 31st March 2026 | 49,350 |  |

10. | RELATED PARTY DISCLOSURES

| At the year end, the company owed £460,180 (2025: £698,118) to Financial & Legal Insurance Company Ltd, a company under common control. The loan is interest free and is repayable on demand.