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REGISTERED NUMBER: 03294425 (England and Wales)

| IS2 Ltd |

| Unaudited Financial Statements |

| for the Year Ended 31 December 2025 |

IS2 Ltd (Registered number: 03294425)

Contents of the Financial Statements

for the Year Ended 31 December 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

IS2 Ltd

Company Information

for the Year Ended 31 December 2025

| DIRECTORS: | S N J Pritchard

| F C Pritchard

| SECRETARY: | Mrs B Pritchard

| REGISTERED OFFICE: | 11 Brindley Place

| 2 Brunswick Square

| Birmingham

| West Midlands

| B1 2LP

| REGISTERED NUMBER: | 03294425 (England and Wales)

| ACCOUNTANTS: | TC Group

| Sterling House

| 97 Lichfield Street

| Tamworth

| Staffordshire

| B79 7QF

IS2 Ltd (Registered number: 03294425)

Balance Sheet

31 December 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 1,154,522 |  | 1,066,299 |  |

Tangible assets | 5 | 3,022 |  | 3,925 |  |

1,157,544 |  | 1,070,224 |  |

CURRENT ASSETS

Debtors | 6 | 563,943 |  | 395,512 |  |

Cash at bank | 1,054,489 |  | 759,914 |  |

1,618,432 |  | 1,155,426 |  |

CREDITORS

Amounts falling due within one year | 7 | 231,161 |  | 123,630 |  |

NET CURRENT ASSETS | 1,387,271 |  | 1,031,796 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,544,815 |  | 2,102,020 |  |

PROVISIONS FOR LIABILITIES | 517 |  | 690 |  |

NET ASSETS | 2,544,298 |  | 2,101,330 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 71,934 |  | 71,934 |  |

Share premium | 10,788 |  | 10,788 |  |

Capital redemption reserve | 8,737 |  | 8,737 |  |

Retained earnings | 2,452,839 |  | 2,009,871 |  |

SHAREHOLDERS' FUNDS | 2,544,298 |  | 2,101,330 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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.

IS2 Ltd (Registered number: 03294425)

Balance Sheet - continued

31 December 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 August 2026 and were signed on its behalf by:

S N J Pritchard - Director

IS2 Ltd (Registered number: 03294425)

Notes to the Financial Statements

for the Year Ended 31 December 2025

1. | STATUTORY INFORMATION

| IS2 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.

| Significant judgements and estimates

| The company makes estimates and assumptions concerning the future. Management are also required to exercise judgment in the process of applying the company’s accounting policies. Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

| The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are addressed below:

| In preparing these financial statements, the directors have made the following judgments:

| - A provision is recognised when the company has a present legal or constructive obligation as a result of a past event for which it is probable that an outflow of resources will be required to settle the obligation and the amount can be reliably estimated. If the effect is material, provisions are determined by discounting the expected future cash flow at a rate that reflects the time value of money and the risks specific to the liability.

| - Whether a present obligation is probable or not requires judgment. The nature and type of risks for these provisions differ and management’s judgment is applied regarding the nature and extent of obligations in deciding if an outflow of resources is probable or not.

| - Sales ledger debt provisions. Management review debts on a case by case basis to highlight deviation from terms and therefore possible provision requirement.

| - Depreciation and residual values. The Directors have reviewed the asset lives and associated residual values of all fixed asset classes, and in particular, the useful economic life and residual values of fixtures and fittings, and have concluded that asset lives are appropriate. The actual lives of the assets are assessed annually and may vary depending on a number of factors. In re-assessing asset lives, factors such as technological innovation, product life cycles and maintenance programmes are taken into account.

| Turnover

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

| 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.

| Development costs are being amortised evenly over their considered useful life.

| Tangible fixed assets

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

| Fixtures and fittings - 25-33% reducing balance basis.

IS2 Ltd (Registered number: 03294425)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

2. | ACCOUNTING POLICIES - continued

| Financial instruments

| Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

| Debtors

| Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

| Creditors

| Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

| Cash and cash equivalents

| Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are 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.

| 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.

| Research and development

| Expenditure on research is written off in the year in which it is incurred. Development expenditure is written off in the same way unless the directors are satisfied as to the technical, commercial and financial viability of individual projects. In this situation, the expenditure is deferred and amortised over the period during which the company is expected to benefit.

| 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 25 (2024 - 20 ) .

IS2 Ltd (Registered number: 03294425)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

4. | INTANGIBLE FIXED ASSETS

| Development

| costs

£ |

| COST

| At 1 January 2025 | 1,066,299 |  |

| Additions | 400,986 |  |

| Disposals | (312,763 | ) |

| At 31 December 2025 | 1,154,522 |  |

| NET BOOK VALUE

| At 31 December 2025 | 1,154,522 |  |

| At 31 December 2024 | 1,066,299 |  |

5. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 January 2025 | 87,429 |  |

| Additions | 608 |  |

| At 31 December 2025 | 88,037 |  |

| DEPRECIATION

| At 1 January 2025 | 83,504 |  |

| Charge for year | 1,511 |  |

| At 31 December 2025 | 85,015 |  |

| NET BOOK VALUE

| At 31 December 2025 | 3,022 |  |

| At 31 December 2024 | 3,925 |  |

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

2025 | 2024 |

£ | £ |

| Trade debtors | 214,704 |  | 41,314 |  |

| Other debtors | 349,239 |  | 354,198 |  |

563,943 |  | 395,512 |  |

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

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | - |  | 2,077 |  |

| Trade creditors | 38,308 |  | 17,784 |  |

| Taxation and social security | 172,218 |  | 90,601 |  |

| Other creditors | 20,635 |  | 13,168 |  |

231,161 |  | 123,630 |  |

IS2 Ltd (Registered number: 03294425)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

8. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Bank loans | - |  | 2,077 |  |

| The bank loans and overdrafts are secured by way of a fixed and floating charge over the assets of the company, both current and future.

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 2,782,985 | A Ordinary | 1p | 27,830 |  | 27,830 |  |

| 529,236 | B Ordinary | 1p | 5,292 |  | 5,292 |  |

| 568,907 | C Ordinary | 1p | 5,689 |  | 5,689 |  |

| 529,236 | D Ordinary | 1p | 5,293 |  | 5,293 |  |

| 2,782,984 | E Ordinary | 1p | 27,830 |  | 27,830 |  |

71,934 |  | 71,934 |  |

10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to directors subsisted during the years ended 31 December 2025 and 31 December 2024:

2025 | 2024 |

£ | £ |

| F C Pritchard

| Balance outstanding at start of year | 98,139 |  | 103,099 |  |

| Amounts repaid | (4,960 | ) | (4,960 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 93,179 |  | 98,139 |  |

| S N J Pritchard

| Balance outstanding at start of year | 162,974 |  | 146,216 |  |

| Amounts advanced | - |  | 21,718 |  |

| Amounts repaid | - |  | (4,960 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 162,974 |  | 162,974 |  |

| Advances to directors are non-interest bearing and repayable upon demand.

11. | ULTIMATE CONTROLLING PARTY

| No single individual holds a controlling stake in the company.