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REGISTERED NUMBER: 09939974 (England and Wales)

Financial Statements for the Year Ended 31 March 2026

for

Obeetee Ltd

Obeetee Ltd (Registered number: 09939974)

Contents of the Financial Statements

for the Year Ended 31 March 2026

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

Obeetee Ltd

Company Information

for the Year Ended 31 March 2026

| DIRECTORS: | R Chatterjee

| G Sharma

| S M O'Neill

| C E M Sharratt

| REGISTERED OFFICE: | 2 Craven Road

| Ealing

| London

| W5 2UA

| REGISTERED NUMBER: | 09939974 (England and Wales)

| SENIOR STATUTORY AUDITOR: | Ketan Ramesh Patel FCCA

| AUDITORS: | Merchant Mackinlay Simpson Ltd

| Statutory Auditors

| 2 Craven Road

| Ealing

| London

| W5 2UA

Obeetee Ltd (Registered number: 09939974)

Balance Sheet

31 March 2026

| 2026 | 2025 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 417,337 |  | - |  |

Investments | 5 | 538,337 |  | - |  |

955,674 |  | - |  |

CURRENT ASSETS

Stocks | 6 | 132,443 |  | - |  |

Debtors | 7 | 319,808 |  | 84,837 |  |

Cash at bank and in hand | 35,104 |  | 9,020 |  |

487,355 |  | 93,857 |  |

CREDITORS

Amounts falling due within one year | 8 | 1,592,032 |  | 29,830 |  |

NET CURRENT (LIABILITIES)/ASSETS | (1,104,677 | ) | 64,027 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | (149,003 | ) | 64,027 |  |

CAPITAL AND RESERVES

Called up share capital | 10 | 1,481,000 |  | 1,481,000 |  |

Retained earnings | 11 | (1,630,003 | ) | (1,416,973 | ) |

SHAREHOLDERS' FUNDS | (149,003 | ) | 64,027 |  |

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 Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 July 2026 and were signed on its behalf by:

G Sharma - Director

Obeetee Ltd (Registered number: 09939974)

Notes to the Financial Statements

for the Year Ended 31 March 2026

1. | STATUTORY INFORMATION

| Obeetee Ltd 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.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover relates to the sale of furniture and commission received as agents.

| Tangible fixed assets

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

| life.

| Short leasehold - term of the lease

| Plant and machinery - term of the lease

| Computer equipment - 33% on cost

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost.

| Stocks

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

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

| 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.

| Going concern

| The financial statements have been prepared on the basis of going concern, which assumes that the company will be in operational existence for the foreseeable future. As at 31 March 2026, the Company had net current liabilities of £1,104,677, net liabilities of £149,003, and incurred a net loss of £213,030 for the year then ended. The Company's ability to continue as a going concern is dependent upon achieving profitable operations and the continued financial support of its immediate parent undertaking, Obeetee Private Limited.The validity of this assumption depends on the company being able to trade profitably in the future and the continued support from the ultimate controlling party. The financial statements do not include any adjustments that would result if such support is withdrawn.

Obeetee Ltd (Registered number: 09939974)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2026

2. | ACCOUNTING POLICIES - continued

| Debtors

| Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

| Cash and cash equivalents

| Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutions, and other short-term highly liquid investments that mature in no more than three months from the date of

| acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

| Creditors

| Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 4 (2025 - 2 ) .

4. | TANGIBLE FIXED ASSETS

| Short |  | Plant and |  | Computer |

| leasehold |  | machinery |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| Additions | 396,704 |  | 35,706 |  | 1,946 |  | 434,356 |  |

| At 31 March 2026 | 396,704 |  | 35,706 |  | 1,946 |  | 434,356 |  |

| DEPRECIATION

| Charge for year | 15,564 |  | 1,401 |  | 54 |  | 17,019 |  |

| At 31 March 2026 | 15,564 |  | 1,401 |  | 54 |  | 17,019 |  |

| NET BOOK VALUE

| At 31 March 2026 | 381,140 |  | 34,305 |  | 1,892 |  | 417,337 |  |

Obeetee Ltd (Registered number: 09939974)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2026

5. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertakings

£ |

| COST

| Additions | 538,337 |  |

| At 31 March 2026 | 538,337 |  |

| NET BOOK VALUE

| At 31 March 2026 | 538,337 |  |

| The Company directly holds 51% of the ordinary A share capital of Luke Irwin (Holding) Limited, a company incorporated in England and Wales, whose principal activity is investment holding.

| Through its investment in Luke Irwin (Holding) Limited, the Company indirectly holds a 51% interest in Luke Irwin Limited, Luke Irwin Property Limited, and Luke Irwin Rug Limited, all of which are incorporated in England and Wales.

| Luke Irwin Limited and Luke Irwin Property Limited are dormant companies. The principal activity of Luke Irwin Rug Limited is the design, manufacture, and retail of carpets and rugs.

6. | STOCKS

2026 | 2025 |

£ | £ |

| Stocks | 132,443 |  | - |  |

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

2026 | 2025 |

£ | £ |

| Trade debtors | 121,297 |  | 84,453 |  |

| Other debtors | 198,511 |  | 384 |  |

319,808 |  | 84,837 |  |

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

2026 | 2025 |

£ | £ |

| Trade creditors | 577,312 |  | 22,725 |  |

| Taxation and social security | 7,016 |  | - |  |

| Other creditors | 1,007,704 |  | 7,105 |  |

1,592,032 |  | 29,830 |  |

Obeetee Ltd (Registered number: 09939974)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2026

9. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

2026 | 2025 |

£ | £ |

| Within one year | 179,085 |  | - |  |

| Between one and five years | 348,500 |  | - |  |

527,585 |  | - |  |

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

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

| value: | £ | £ |

| 1,481,000 | Ordinary | £1 | 1,481,000 |  | 1,481,000 |  |

11. | RESERVES

| Retained

| earnings

£ |

| At 1 April 2025 | (1,416,973 | ) |

| Deficit for the year | (213,030 | ) |

| At 31 March 2026 | (1,630,003 | ) |

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

| The Report of the Auditors was unqualified.

| Ketan Ramesh Patel FCCA (Senior Statutory Auditor)

| for and on behalf of Merchant Mackinlay Simpson Ltd

13. | RELATED PARTY DISCLOSURES

| Obeetee Private Limited

| During the year ended 31 March 2026, the Company made purchases from Obeetee Private Limited, India, totalling £346,141 (2025: £Nil). At the balance sheet date, amounts due from Obeetee Private Limited, India, totalled £84,453 (2025: £84,453), while amounts due to Obeetee Private Limited, India, included within trade creditors amounted to £367,888 (2025: Nil). Obeetee Private Limited, India, is the immediate parent undertaking of Obeetee Ltd.The balance is unsecured, no interest bearing and is payable on demand.

| Obeetee Inc.

| At the balance sheet date, the balance due to Obeetee Inc, US was £991,844 (2025: £nil). Obeetee Inc.,US is a fellow subsidiary of Obeetee Ltd.The balance is unsecured, bearing interest at 8% per annum

| and is payable on demand.