ACCOUNTS - Final Accounts

Operating profit

The operating profit is stated after charging:

Registered number: 09911898

OSSL GLOBAL LIMITED

ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

OSSL GLOBAL LIMITED

COMPANY INFORMATION

Directors	D Lynes Esq
	R H Lynes Esq
	W Lynes Esq
	Mrs L M Lynes


Registered number	09911898


Registered office	Stephenson Way
	Three Bridges
	Crawley
	East Sussex
	RH10 1TN


Independent auditor	Barnes Roffe Audit Limited
	Chartered Accountants & Statutory Auditor
	Charles Lake House
	Claire Causeway
	Crossways Business Park
	Dartford
	Kent
	DA2 6QA

OSSL GLOBAL LIMITED

CONTENTS

	Page
Group strategic report	1 - 2
Directors' report	3 - 4
Independent auditor's report	5 - 8
Consolidated statement of comprehensive income	9
Consolidated balance sheet	10 - 11
Company balance sheet	12
Consolidated statement of changes in equity	13 - 14
Company statement of changes in equity	15
Consolidated statement of cash flows	16 - 17
Notes to the financial statements	18 - 36

OSSL GLOBAL LIMITED

GROUP STRATEGIC REPORT

FOR THE YEAR ENDED 31 DECEMBER 2025

Introduction

The Directors submit their strategic report accompanying the financial statements for the year ended 31 December 2025.

Business review

The financial year proved challenging for the Group with turnover down 16% to £16.2 million (2024: £19.3 million). This was driven primarily by external market conditions in the construction industry affecting the PPE and site consumables sector. Construction activity across many key regions softened, and customers sought to reduce discretionary and project-based spend in response to economic uncertainty. At the same time, competitor pricing pressures on core product categories created margin compression that could not be fully mitigated through alternative sourcing.
In response, the Board initiated a strategic review of the operating model to ensure the Group remains competitive and resilient. As a result of this review, a restructuring programme was implemented in Q4 2025, focusing on streamlining the cost base, consolidating operational roles, and improving commercial discipline. While these actions were necessary to protect the long-term health of the business, and efficiencies continue to be delivered through 2026, they resulted in one-off restructuring costs during the year.
The Group recorded a profit for the financial year of £117k, with the decrease being driven by reduced demand, margin pressure, and the additional costs associated with the restructure. Excluding these one-off and non-recurring items, underlying performance remained positive, supported by strong relationships with key construction, FM, and industrial customers, and supply chain and by continued demand for essential PPE categories.
Looking ahead, the Board believes the actions taken have created a leaner operating structure aligned to current market conditions. The business enters the new financial year with a tighter cost base, and a narrower commercial focus on strategic customer segments. Management continues to monitor market developments closely and remains committed to restoring sustainable profitability as conditions stabilise.
Through 2025 we completed the development of a state-of-the-art web portal experience with this going live in September. The business expects this to increase the proportion of orders taken electronically during 2026, delivering efficiency benefits through the financial year.
The ongoing roll out of OnSite Support’s industry leading PLUS data programme allows our customers wishing to monitor, report and achieve collective efficiency and sustainability goals. This value adding lean tool continues to provide our customers with accurate, real-time efficiency and sustainability data allowing the delivery of significant cost savings across their procurement and administration functions.

Page 1

OSSL GLOBAL LIMITED

GROUP STRATEGIC REPORT (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

Principal risks and uncertainties

The key business risks and uncertainties are considered to relate to the state of the UK and global economies, particularly within the construction sector, there remains significant competition from established competitors and continued challenges relating to commodity pricing and reliability of supply chains. These risks are continually monitored by management.
Price Risk
The Group operates in a competitive market where pressures continually exist to drive down the price of goods. The Group continues work with its suppliers to obtain competitive pricing whilst closely managing overhead costs. Where appropriate to do so, OnSite imports product from subject to stringent quality, ethical and sustainability guidelines. In addition, the Group utilises data analytics to provide customers with information that supports them to improve efficiency and sustainably across our product range resulting in better environmental outcomes and lower carriage costs.
Inflationary Risk
Although inflation volatility eased through 2025, global uncertainty including the continuing conflict in Ukraine, global impacts of tariff threats, and continuing high energy prices continued to present inflationary headwinds. Margin maintenance remained a focus. The Group continued to undertake initiatives with both our supply chain and customers to manage our operational efficiency.
Currency Risk
The Group continues to purchase a sizeable portion of its items from abroad, albeit this was lower than in previous periods, and therefore remains open to a level of currency risk specifically in relation to the US Dollar and Euro. The Group did not undertake any hedging strategies during 2025, and any positive or negative currency translations are taken to the profit and loss account immediately if incurred. There remains a review of the level of foreign currency purchases and the associated risks in order to determine whether it would be appropriate to recommence FX hedging.
Credit Risk
Credit risk is the risk that one party to a financial instrument will cause a financial loss for another party by failing to discharge an obligation. Policies are aimed at minimising such losses and require that deferred terms are only granted to customers who demonstrate an appropriate payment history and satisfy credit worthiness tests. The Group further mitigates the industry inherent credit risk by purchasing credit insurance from a leading provider.

Financial key performance indicators

KPI targets are set annually and discussed monthly during the financial review process. These include but are not limited to creditor days, debtor days, debtor aging, inventory days, GP Margin % and £, revenue growth and OTIF.

This report was approved by the board and signed on its behalf.

W Lynes Esq

Director

Date: 7 August 2026

Page 2

OSSL GLOBAL LIMITED

DIRECTORS' REPORT

FOR THE YEAR ENDED 31 DECEMBER 2025

The directors present their report and the financial statements for the year ended 31 December 2025.

Directors' responsibilities statement

The directors are responsible for preparing the Group strategic report, the Directors' report and the consolidated financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the group and of the profit or loss of the group for that period.

In preparing these financial statements, the directors are required to:

∙select suitable accounting policies for the group's financial statements and then apply them consistently;

∙make judgments and accounting estimates that are reasonable and prudent;

∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the group will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and the group and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and the group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Results and dividends

The profit for the year, after taxation and minority interests, amounted to £119,721 (2024 - £953,926).

Dividends voted by the company during the year amounted to £359,094 (2024: £685,444).

Directors

The directors who served during the year were:

D Lynes Esq

R H Lynes Esq

W Lynes Esq

Mrs L M Lynes

Disclosure of information to auditor

Each of the persons who are directors at the time when this Directors' report is approved has confirmed that:

∙so far as the director is aware, there is no relevant audit information of which the company and the group's auditor is unaware, and

∙the director has taken all the steps that ought to have been taken as a director in order to be aware of any relevant audit information and to establish that the company and the group's auditor is aware of that information.

Page 3

OSSL GLOBAL LIMITED

DIRECTORS' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

Post balance sheet events

There have been no significant events affecting the group since the year end.

Auditor

Since the last year was completed the audit engagement was transferred from Barnes Roffe LLP to Barnes
Roffe Audit Limited as part of a business transfer. For the purposes of ISA compliance this is therefore
considered to be a continuing relationship rather than a new engagement.

This report was approved by the board and signed on its behalf.

W Lynes Esq

Director

Date: 7 August 2026

Page 4

OSSL GLOBAL LIMITED

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF OSSL GLOBAL LIMITED

Opinion

We have audited the financial statements of OSSL Global Limited (the 'parent company') and its subsidiaries (the 'group') for the year ended 31 December 2025, which comprise the Consolidated statement of comprehensive income, the Consolidated Balance Sheet, the Company Balance Sheet, the Consolidated Statement of Cash Flows, the Consolidated Statement of Changes in Equity, the Company Statement of Changes in Equity and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

∙give a true and fair view of the state of the group's and of the parent company's affairs as at 31 December 2025 and of the group's profit for the year then ended;

∙have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

∙have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's or the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Page 5

OSSL GLOBAL LIMITED

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF OSSL GLOBAL LIMITED (CONTINUED)

Other information

The other information comprises the information included in the Annual Report other than the financial statements and our Auditor's report thereon. The directors are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinion on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

∙the information given in the Group strategic report and the Directors' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

∙the Group strategic report and the Directors' report have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the group and the parent company and its environment obtained in the course of the audit, we have not identified material misstatements in the Group strategic report or the Directors' report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

∙adequate accounting records have not been kept by the parent company, or returns adequate for our audit have not been received from branches not visited by us; or

∙the parent company financial statements are not in agreement with the accounting records and returns; or

∙certain disclosures of directors' remuneration specified by law are not made; or

∙we have not received all the information and explanations we require for our audit.

Page 6

OSSL GLOBAL LIMITED

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF OSSL GLOBAL LIMITED (CONTINUED)

Responsibilities of directors

As explained more fully in the Directors' responsibilities statement set out on page 3, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the group's and the parent company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the group or the parent company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these Group financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

• The engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations;
• We identified the laws and regulations applicable to the company through discussion with directors and other management, and from our commercial knowledge and experience of the sector that the company operates in;
• We focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, including the Companies Act 2006, ISO accreditations and the company’s membership with constructionline;
• We assessed the extent of compliance with the laws and regulations identified above through making enquiries of management, reviewing board minutes, relevant correspondence and certificates held; and
• Laws and regulations were communicated within the audit team at the planning meeting, and during the audit as any further laws and regulation were identified. The audit team remained alert to instances of non compliance throughout the audit.
We assessed the susceptibility of the company’s financial statements to material misstatement, including obtaining an understanding of how fraud might occur by:
• Making enquires of management and the board as to where they consider there was susceptibility to fraud along with their knowledge of actual, suspected and alleged fraud;
• Considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations; and
• Our review of financial statements and testing the disclosures against supporting documentation.
To address the risk of fraud through management bias and override of controls we:
• Performed analytical procedures to identify any unusual or unexpected trends or anomalies;
• Inspected and tested journal entries to identify unusual or unexpected transactions;

Page 7

OSSL GLOBAL LIMITED

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF OSSL GLOBAL LIMITED (CONTINUED)

• Assessed whether judgement and assumptions made in determining significant accounting estimates, including stock provisions and the useful economic life of tangible fixed assets, were indicative of management bias; and
• Investigated the rationale behind significant transactions, or transactions that are unusual or outside the company’s usual course of business.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditor's report.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an Auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members, as a body, for our audit work, for this report, or for the opinions we have formed.

Jamie Hall (Senior statutory auditor)

for and on behalf of

Barnes Roffe Audit Limited

Chartered Accountants

Statutory Auditor

Charles Lake House

Claire Causeway

Crossways Business Park

Dartford

Kent

DA2 6QA

Date: 13 August 2026

Page 8

OSSL GLOBAL LIMITED

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME

FOR THE YEAR ENDED 31 DECEMBER 2025

	2025	2024
Note	£	£


Turnover	4	16,155,772	19,254,075
Cost of sales		(9,543,318)	(11,050,611)
Gross profit		6,612,454	8,203,464
Distribution costs		(3,185,995)	(3,738,447)
Administrative expenses		(3,249,462)	(3,075,415)
Exceptional administrative expenses		(11,481)	(92,887)
Other operating income	5	33,862	36,273
Operating profit	6	199,378	1,332,988
Interest receivable and similar income	9	1,021	185
Interest payable and similar expenses	10	(42,096)	(18,844)
Profit before taxation		158,303	1,314,329
Tax on profit	11	(41,565)	(299,460)
(Loss)/Profit for the financial year		116,738	1,014,869

Total comprehensive income for the year attributable to:
Non-controlling interest	(2,983)	60,943
Owners of the parent company	119,721	953,926
	116,738	1,014,869

There were no recognised gains and losses for 2025 or 2024 other than those included in the consolidated statement of comprehensive income.

There was no other comprehensive income for 2025 (2024:£NIL).

The notes on pages 18 to 36 form part of these financial statements.

Page 9

OSSL GLOBAL LIMITED

REGISTERED NUMBER: 09911898

CONSOLIDATED BALANCE SHEET

AS AT 31 DECEMBER 2025

		2025		2024
Note		£		£

Fixed assets
Intangible assets	14		377,437		162,686
Tangible assets	15		4,554,363		4,744,017
Investment property	17		100,000		100,000
			5,031,800		5,006,703
Current assets
Stocks	18	1,592,232		1,852,247
Debtors: amounts falling due within one year	19	2,359,910		2,894,091
Cash at bank and in hand	20	336,187		217,275
		4,288,329		4,963,613
Creditors: amounts falling due within one year	21	(3,621,527)		(3,867,986)
Net current assets			666,802		1,095,627
Total assets less current liabilities			5,698,602		6,102,330
Creditors: amounts falling due after more than one year	22		(108,575)		(155,809)
Provisions for liabilities
Deferred taxation	24		(386,666)		(470,567)
Net assets			5,203,361		5,475,954

Capital and reserves
Called up share capital	25	430	430
Revaluation reserve		1,716,327	1,716,327
Other reserves		589,572	589,572
Profit and loss account		2,910,567	3,180,177
Equity attributable to owners of the parent company		5,216,896	5,486,506
Non-controlling interests		(13,535)	(10,552)
		5,203,361	5,475,954

Page 10

OSSL GLOBAL LIMITED

REGISTERED NUMBER: 09911898

CONSOLIDATED BALANCE SHEET (CONTINUED)

AS AT 31 DECEMBER 2025

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 7 August 2026.

W Lynes Esq

CEO

D Lynes Esq

Sales Director

The notes on pages 18 to 36 form part of these financial statements.

Page 11

OSSL GLOBAL LIMITED

REGISTERED NUMBER: 09911898

COMPANY BALANCE SHEET

AS AT 31 DECEMBER 2025

		2025		2024
Note		£		£

Fixed assets
Investments	16		2,189,998		2,189,998
			2,189,998		2,189,998
Current assets
Debtors: amounts falling due within one year	19	2		2
		2		2
Creditors: amounts falling due within one year	21	(1,421,759)		(1,442,312)
Net current liabilities			(1,421,757)		(1,442,310)
Total assets less current liabilities			768,241		747,688


Net assets			768,241		747,688

Capital and reserves
Called up share capital	25	430	430
Other reserves		589,572	589,572
Profit and loss account		178,239	157,686
		768,241	747,688

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 7 August 2026.

W Lynes Esq

CEO

D Lynes Esq

Sales Director

The notes on pages 18 to 36 form part of these financial statements.

Page 12


		OSSL GLOBAL LIMITED

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 DECEMBER 2025

	Called up share capital	Revaluation reserve	Other reserves	Profit and loss account	Equity attributable to owners of parent company	Non-controlling interests	Total equity
	£	£	£	£	£	£	£
At 1 January 2025	430	1,716,327	589,572	3,180,177	5,486,506	(10,552)	5,475,954

Profit for the year	-	-	-	119,721	119,721	(2,983)	116,738
Dividends: Equity capital	-	-	-	(389,331)	(389,331)	-	(389,331)
At 31 December 2025	430	1,716,327	589,572	2,910,567	5,216,896	(13,535)	5,203,361

Page 13


		OSSL GLOBAL LIMITED

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 DECEMBER 2024

	Called up share capital	Revaluation reserve	Other reserves	Profit and loss account	Equity attributable to owners of parent company	Non-controlling interests	Total equity
	£	£	£	£	£	£	£
At 1 January 2024	430	1,716,327	589,572	2,911,695	5,218,024	(71,495)	5,146,529

Profit for the year	-	-	-	953,926	953,926	60,943	1,014,869
Dividends: Equity capital	-	-	-	(685,444)	(685,444)	-	(685,444)
At 31 December 2024	430	1,716,327	589,572	3,180,177	5,486,506	(10,552)	5,475,954

The notes on pages 18 to 36 form part of these financial statements.

Page 14

OSSL GLOBAL LIMITED

COMPANY STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 DECEMBER 2025

	Called up share capital	Other reserves	Profit and loss account	Total equity
	£	£	£	£
At 1 January 2025	430	589,572	157,686	747,688

Profit for the year	-	-	409,884	409,884
Dividends: Equity capital	-	-	(389,331)	(389,331)
At 31 December 2025	430	589,572	178,239	768,241

COMPANY STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 DECEMBER 2024

	Called up share capital	Other reserves	Profit and loss account	Total equity
	£	£	£	£
At 1 January 2024	430	589,572	139,650	729,652

Profit for the year	-	-	703,480	703,480
Dividends: Equity capital	-	-	(685,444)	(685,444)
At 31 December 2024	430	589,572	157,686	747,688

The notes on pages 18 to 36 form part of these financial statements.

Page 15

OSSL GLOBAL LIMITED

CONSOLIDATED STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED 31 DECEMBER 2025

			2025	2024
			£	£

Cash flows from operating activities
Profit for the financial year	116,738	1,014,869
Adjustments for:
Amortisation of intangible assets	204,585	162,686
Depreciation of tangible assets	275,731	240,772
Profit on disposal of tangible assets	(5,260)	(21,209)
Interest paid	42,096	18,844
Interest received	(1,021)	(185)
Taxation charge	41,663	299,460
Decrease/(increase) in stocks	260,015	(287,114)
Decrease in debtors	534,909	540,095
(Decrease)/increase in creditors	(61,362)	114,579
Corporation tax paid	(144,627)	(513,991)
Net cash generated from operating activities	1,263,467	1,568,806

Cash flows from investing activities
Purchase of intangible fixed assets	(419,336)	-
Purchase of tangible fixed assets	(17,212)	(407,739)
Sale of tangible fixed assets	21,426	76,503
Interest received	1,021	185
HP interest paid	(16,047)	(16,968)
Net cash from investing activities	(430,148)	(348,019)

Page 16

OSSL GLOBAL LIMITED

CONSOLIDATED STATEMENT OF CASH FLOWS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

		2025	2024
		£	£


Cash flows from financing activities
Repayment of/new finance leases	(165,354)	143,206
Dividends paid	(389,331)	(685,444)
Interest paid	(26,049)	(1,876)
Net cash used in financing activities	(580,734)	(544,114)
Net increase in cash and cash equivalents	252,585	676,673
Cash and cash equivalents at beginning of year	13,356	(663,317)
Cash and cash equivalents at the end of year	265,941	13,356

Cash and cash equivalents at the end of year comprise:
Cash at bank and in hand	336,187	217,275
Bank overdrafts	(70,246)	(203,919)
	265,941	13,356

The notes on pages 18 to 36 form part of these financial statements.

Page 17

OSSL GLOBAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1.	General information

OSSL Global Limited is a private company limited by shares and incorporated in England and Wales. The address of the registered office is Stephenson Way, Three Bridges, Crawley, East Sussex, RH10 1TN.
The principal activity of the company is that of a holding company.
The principal activity of the group is that of providing safety, welfare and site equipment.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires group management to exercise judgment in applying the group's accounting policies (see note 3).

The company has taken advantage of the exemption allowed under section 408 of the Companies Act 2006 and has not presented its own Statement of comprehensive income in these financial statements.

The following principal accounting policies have been applied:

2.2

Basis of consolidation

The consolidated financial statements present the results of the company and its own subsidiaries ("the group") as if they form a single entity. Intercompany transactions and balances between group companies are therefore eliminated in full.
The consolidated financial statements incorporate the results of business combinations using the purchase method. In the Balance sheet, the acquiree's identifiable assets, liabilities and contingent liabilities are initially recognised at their fair values at the acquisition date. The results of acquired operations are included in the consolidated statement of comprehensive income from the beginning of the financial year in which the combination occured, being 01 January 2016.

Page 18

OSSL GLOBAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the group and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the group has transferred the significant risks and rewards of ownership to the buyer;

∙the group retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the group will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

2.4

Operating leases: the group as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

2.5

Research and development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight-line basis over their useful economic lives, which range from 3 to 6 years.
If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.

2.6

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.7

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.8

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 19

OSSL GLOBAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.9

Pensions

Defined contribution pension plan

The group operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the group pays fixed contributions into a separate entity. Once the contributions have been paid the group has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the group in independently administered funds.

2.10

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company and the group operate and generate income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits;

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met; and

∙Where they relate to timing differences in respect of interests in subsidiaries, associates, branches and joint ventures and the group can control the reversal of the timing differences and such reversal is not considered probable in the foreseeable future.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

2.11

Exceptional items

Exceptional items are transactions that fall within the ordinary activities of the group but are presented separately due to their size or incidence.

Page 20

OSSL GLOBAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.12

Intangible assets

Goodwill
Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer's interest in the fair value of the group's share of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight line basis to the consolidated income statement over its useful economic life.
Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

2.13

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on the following basis:.

Freehold property	-	Revaluation
Long-term leasehold property	-	5 years straight line
Plant and machinery	-	3-5 years straight line
Motor vehicles	-	3-4 years reducing balance
Fixtures and fittings	-	5 years straight line
Office equipment	-	3-5 years straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 21

OSSL GLOBAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.14

Revaluation of tangible fixed assets

Individual freehold and leasehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the balance sheet date.
Fair values are determined from market based evidence normally undertaken by professionally qualified valuers.

Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.

2.15

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

2.16

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.17

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a weighted average basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

2.18

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.

2.19

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.

In the Consolidated statement of cash flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the group's cash management.

Page 22

OSSL GLOBAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.20

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.

2.21

Financial instruments

The group has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, 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.

Discounting is omitted where the effect of discounting is immaterial. The group's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

Basic financial liabilities

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

Basic financial liabilities, which include trade and other creditors, bank loans, other loans and loans due to fellow group companies are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

2.22

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 23

OSSL GLOBAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

3.	Judgments in applying accounting policies and key sources of estimation uncertainty

a) Critical judgements in applying the company's accounting policies
No significant judgements have had to be made by management in preparing these financial statements.
b) Key accounting estimates and assumptions
The group has made key assumptions regarding the useful economic life of tangible and intangible fixed assets and this is further described in note 2.12 and 2.13 of the accounting policies.
The directors also apply a consistent stock provision policy based on the category of stock and historical movements on similar stock items. Each stock line is provided at between 0% and 100%. The total provision at the year end amounts to £76,820 (2024: £82,143).
The group has made key assumptions regarding the capitalisation of labour costs, with this being further described in note 2.12 of the accounting policies.

Turnover

The whole of the turnover is attributable to the principal activity of the group.

Analysis of turnover by country of destination:

					2025	2024
					£	£

United Kingdom	16,155,772	19,254,075
	16,155,772	19,254,075

All turnover arose within the United Kingdom.

5.	Other operating income
		2025	2024
		£	£

Other operating income	31,558	34,949
Sundry income	2,304	1,324
	33,862	36,273

Page 24

OSSL GLOBAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Depreciation of tangible fixed assets	275,731	242,711
Amortisation of intangible assets, including goodwill	204,585	162,686
Exchange differences	13,751	6,869
Other operating lease rentals	221,304	183,811
Defined contribution pension cost	53,476	53,057

7.	Employees
	Staff costs, including directors' remuneration, were as follows:

		Group	Group
		2025	2024
		£	£


Wages and salaries	3,243,638	3,468,396
Social security costs	343,635	394,789
Cost of defined contribution scheme	53,476	53,057
	3,640,749	3,916,242

The average monthly number of employees, including the directors, during the year was 89 (2024 - 90).
During the year, wage costs amounting to £189,750 (2024: £Nil) were capitalised as Intangible assets. See note 14.

8.	Directors' remuneration
		2025	2024
		£	£

Directors' emoluments	127,959	208,161
Group contributions to defined contribution pension schemes	2,675	2,434
	130,634	210,595

During the year retirement benefits were accruing to 3 directors (2024 - 3) in respect of defined contribution pension schemes.

Page 25

OSSL GLOBAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

9.	Interest receivable
		2025	2024
		£	£

	Other interest receivable	1,021	185
		1,021	185

10.	Interest payable and similar expenses
		2025	2024
		£	£

Bank interest payable	15,360	1,876
Other loan interest payable	10,689	-
Finance leases and hire purchase contracts	16,047	16,968
	42,096	18,844

Corporation tax
Current tax on profits for the year	125,466	336,175
Adjustments in respect of previous periods	-	(49)

Total current tax	125,466	336,126

	Deferred tax
	Origination and reversal of timing differences	(83,901)	(36,666)


	Taxation on profit on ordinary activities	41,565	299,460

Page 26

OSSL GLOBAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

11.Taxation (continued)

Profit on ordinary activities before tax

158,303

1,314,329

Profit on ordinary activities multiplied by standard rate of corporation tax in the UK of 25% (2024 - 25%)	39,576	328,582
Effects of:
Non-tax deductible amortisation of goodwill and impairment	38,218	40,672
Expenses not deductible for tax purposes, other than goodwill amortisation and impairment	5,134	2,099
Capital allowances for year in excess of depreciation	42,538	(35,227)
Deferred tax movements	(83,901)	(36,666)
Total tax charge/(credit) for the year	41,565	299,460

Factors that may affect future tax charges

There were no factors that may affect future tax charges.

12.	Dividends
		2025	2024
		£	£

	Dividends paid	389,331	685,444
		389,331	685,444

Page 27

OSSL GLOBAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

13.	Exceptional items
		2025	2024
		£	£

Redundancy costs	-	27,353
Other costs	11,481	65,534
	11,481	92,887

14.	Intangible assets
	Group and Company

	Development expenditure	Goodwill	Total
	£	£	£
Cost
At 1 January 2025	764,348	623,750	1,388,098
Additions	419,336	-	419,336
At 31 December 2025	1,183,684	623,750	1,807,434
Amortisation
At 1 January 2025	601,662	623,750	1,225,412
Charge for the year on owned assets	204,585	-	204,585
At 31 December 2025	806,247	623,750	1,429,997
Net book value
At 31 December 2025	377,437	-	377,437
At 31 December 2024	162,686	-	162,686

Page 28

OSSL GLOBAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

15.	Tangible fixed assets
	Group

	Freehold property	Long-term leasehold property	Plant and machinery	Motor vehicles	Fixtures and fittings	Office equipment
	£	£	£	£	£	£
Cost or valuation
At 1 January 2025	4,000,000	143,092	1,027,133	701,625	646,031	515,186
Additions	-	-	44,844	42,531	3,939	10,929
Disposals	-	-	-	(52,852)	-	-
At 31 December 2025	4,000,000	143,092	1,071,977	691,304	649,970	526,115
Depreciation
At 1 January 2025	-	141,960	910,551	288,831	604,013	343,695
Charge for the year on owned assets	-	1,132	28,587	23,438	20,299	67,380
Charge for the year on financed assets	-	-	24,124	110,771	-	-
Disposals	-	-	-	(36,686)	-	-
At 31 December 2025	-	143,092	963,262	386,354	624,312	411,075
Net book value
At 31 December 2025	4,000,000	-	108,715	304,950	25,658	115,040
At 31 December 2024	4,000,000	1,132	116,582	412,794	42,018	171,491

Page 29

OSSL GLOBAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

15.Tangible fixed assets (continued)

		Total
		£
	Cost or valuation
	At 1 January 2025	7,033,067
	Additions	102,243
	Disposals	(52,852)
	At 31 December 2025	7,082,458
	Depreciation
	At 1 January 2025	2,289,050
	Charge for the year on owned assets	140,836
	Charge for the year on financed assets	134,895
	Disposals	(36,686)
	At 31 December 2025	2,528,095
	Net book value
	At 31 December 2025	4,554,363
	At 31 December 2024	4,744,017

The net book value of land and buildings may be further analysed as follows:
	2025	2024
	£	£

Freehold	4,000,000	4,000,000
Long leasehold	-	1,132
	4,000,000	4,001,132

Page 30

OSSL GLOBAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Cost or valuation at 31 December 2025 is as follows:

			Land and buildings
			£

		At cost	2,143,092
		At valuation:
		31 December 2025	2,000,000

			4,143,092

If the land and buildings had not been included at valuation they would have been included under the historical cost convention as follows:
	2025	2024
	£	£

Group
Cost	2,143,092	2,000,000
Accumulated depreciation	(320,000)	(280,000)
Net book value	1,823,092	1,720,000

16.	Fixed asset investments

	Company

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 January 2025	2,189,998
	At 31 December 2025	2,189,998

Direct subsidiary undertaking
The following was a direct subsidiary undertaking of the company:
Name	Registered office	Class of shares	Holding

Onsite Support Holdings Limited

England and Wales

Ordinary

100%

Page 31

OSSL GLOBAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Indirect subsidiary undertaking
The following was an indirect subsidiary undertaking of the company:
Name	Registered office	Class of shares	Holding

Onsite Support Limited

England and Wales

Ordinary

92.6%

17.	Investment property
	Group

		Freehold investment property
		£
	Valuation
	At 1 January 2025	100,000
	At 31 December 2025	100,000

The 2025 valuations were made by the directors, on an open market value for existing use basis.

If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:
	2025	2024
	£	£

	Historic cost	28,120	28,120
		28,120	28,120

18.	Stocks
		Group	Group
		2025	2024
		£	£

Raw materials and consumables	1,592,232	1,852,247
	1,592,232	1,852,247

The difference between purchase price or production cost of stocks and their replacement cost is not material.

Page 32

OSSL GLOBAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

19.

Debtors

Group	Group	Company	Company
2025	2024	2025	2024
£	£	£	£


Trade debtors	2,139,939	2,550,606	-	-
Other debtors	107,542	82,967	2	2
Prepayments and accrued income	112,429	260,518	-	-
	2,359,910	2,894,091	2	2

20.	Cash and cash equivalents
		Group	Group
		2025	2024
		£	£

Cash at bank and in hand	336,187	217,275
Less: bank overdrafts	(70,246)	(203,919)
	265,941	13,356

21.	Creditors: Amounts falling due within one year
		Group	Group	Company	Company
		2025	2024	2025	2024
		£	£	£	£

Bank overdrafts	70,246	203,919	-	-
Trade creditors	1,369,634	1,038,451	-	-
Amounts owed to group undertakings	-	-	870,053	843,122
Corporation tax	52,257	71,461	-	-
Other taxation and social security	404,047	383,424	-	-
Obligations under finance lease and hire purchase contracts	100,432	117,486	-	-
Other creditors	1,086,423	1,293,374	551,706	599,190
Accruals and deferred income	538,488	759,871	-	-
	3,621,527	3,867,986	1,421,759	1,442,312

Page 33

OSSL GLOBAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

22.	Creditors: Amounts falling due after more than one year
		Group	Group
		2025	2024
		£	£

Net obligations under finance leases and hire purchase contracts	108,575	155,809
	108,575	155,809

Secured Liabilities
Hire purchase liabilities amounting to £207,007 (2024: £273,295) are secured over the assets to which they relate.

23.	Hire purchase and finance leases
	Minimum lease payments under hire purchase fall due as follows:
		Group	Group
		2025	2024
		£	£

Within one year	100,432	117,486
Between 1-5 years	108,575	155,809
	209,007	273,295

24.	Deferred taxation
	Group

		2025
		£

	At beginning of year	(470,567)
	Charged to profit or loss	83,901
	At end of year	(386,666)

Page 34

OSSL GLOBAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

24.Deferred taxation (continued)

The provision for deferred taxation is made up as follows:
	Group	Group
	2025	2024
	£	£

Accelerated capital allowances	(102,993)	(186,894)
Tax losses carried forward	(283,673)	(283,673)
	(386,666)	(470,567)

25.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

8,100 (2024 - 8,100) Ordinary and Ordinary O shares shares of £0.01 each	81.00	81.00
700 (2024 - 700) Ordinary A & B shares shares of £0.01 each	7.00	7.00
700 (2024 - 700) Ordinary C & D shares shares of £0.01 each	7.00	7.00
700 (2024 - 700) Ordinary E & F shares shares of £0.01 each	7.00	7.00
700 (2024 - 700) Ordinary G & H shares shares of £0.01 each	7.00	7.00
700 (2024 - 700) Ordinary I & J shares shares of £0.01 each	7.00	7.00
700 (2024 - 700) Ordinary K & L shares shares of £0.01 each	7.00	7.00
700 (2024 - 700) Ordinary M & N shares shares of £0.01 each	7.00	7.00
11,600 (2024 - 11,600) Ordinary P shares shares of £0.01 each	116.00	116.00
11,600 (2024 - 11,600) Ordinary Q shares shares of £0.01 each	116.00	116.00
3,400 (2024 - 3,400) Ordinary R shares shares of £0.01 each	34.00	34.00
3,400 (2024 - 3,400) Ordinary S shares shares of £0.01 each	34.00	34.00

	430.00	430.00

26.	Contingent liabilities

A guarantee exists in favour of the groups' bankers to cover borrowings of certain group companies. At 31 December 2025 the total potential exposure of this guarantee was £70,246 (2024: £203,919). The directors consider the possibility of the company having to settle any liability under the terms of the guarantee to be remote, and no provision is required. This figure is the gross figure and does not take into account the underlying assets of the respective group companies.

Page 35

OSSL GLOBAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

27.	Pension commitments

The group operates a define contribution pension scheme. The assets of the scheme are held seperately from those of the group in an independently administered fund. The pension cost charge represents contributions payable by the group to the fund and amounted to £53,476 (2024: £53,057). At the year end £8,104 (2024: £15,756) was payable to the fund and is included in creditors.

28.	Commitments under operating leases
	At 31 December 2025 the group and the company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:
		Group	Group
		2025	2024
		£	£

Not later than 1 year	23,527	30,231
Later than 1 year and not later than 5 years	11,136	35,499
	34,663	65,730

29.	Related party transactions
	The directors of the group have an interest in dividends voted during the year amounting to £359,096 (2024: £359,096). Included within other creditors at the balance sheet date were various loans outstanding by the group to both directors and shareholders amounting to £720,995 (2024: £1,067,535).

30.	Controlling party

There is no one controlling party.

Page 36