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REGISTERED NUMBER: 01227171 (England and Wales)

| Financial Statements |

| for the Year Ended 31 December 2025 |

| for |

| International ProcessPlants (Europe) Ltd |

| International ProcessPlants (Europe) Ltd (Registered number: 01227171) |

Contents of the Financial Statements

for the Year Ended 31 December 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| International ProcessPlants (Europe) Ltd |

Company Information

for the Year Ended 31 December 2025

| DIRECTORS: | R Gale

| J Gale

| AS Field

| G Mayhead

| SECRETARY: | AS Field

| REGISTERED OFFICE: | c/o Postal Pages

| Unit 3, Proctor Court, Boeing Way

| Preston Farm Industrial Estate

| Stockton on Tees

| TS18 3TE

| REGISTERED NUMBER: | 01227171 (England and Wales)

| AUDITORS: | Anderson Barrowcliff Limited

| Statutory Auditor

| Chartered Accountants

| 3 Kingfisher Court

| Bowesfield Park

| Stockton on Tees

| TS18 3EX

| International ProcessPlants (Europe) Ltd (Registered number: 01227171) |

Balance Sheet

31 December 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 119,725 |  | 127,956 |  |

CURRENT ASSETS

Stocks | 5 | 789,777 |  | 779,826 |  |

Debtors | 6 | 1,456,397 |  | 503,045 |  |

Cash at bank and in hand | 658,459 |  | 1,088,863 |  |

2,904,633 |  | 2,371,734 |  |

CREDITORS

Amounts falling due within one year | 7 | 1,542,396 |  | 696,363 |  |

NET CURRENT ASSETS | 1,362,237 |  | 1,675,371 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,481,962 |  | 1,803,327 |  |

PROVISIONS FOR LIABILITIES | 5,000 |  | 5,000 |  |

NET ASSETS | 1,476,962 |  | 1,798,327 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 13,590 |  | 13,590 |  |

Capital redemption reserve | 1,510 |  | 1,510 |  |

Retained earnings | 1,461,862 |  | 1,783,227 |  |

SHAREHOLDERS' FUNDS | 1,476,962 |  | 1,798,327 |  |

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 17 August 2026 and were signed on its behalf by:

AS Field - Director

| International ProcessPlants (Europe) Ltd (Registered number: 01227171) |

Notes to the Financial Statements

for the Year Ended 31 December 2025

1. | STATUTORY INFORMATION

| International ProcessPlants (Europe) 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.

| The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

| The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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

| In the application of the Company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis.

| Turnover

| Turnover represents the net value of goods sold, excluding value added tax. Included within turnover are sales of goods in which the Company has a part interest and sales of goods on behalf of other parties on a commission basis.

| 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 | - | 5% on cost

| Plant and machinery | - | 25% on cost

| Computer equipment | - | 33% on cost

| Stocks

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

| Tax

| 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. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

| Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences.

| 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.

| 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.

| International ProcessPlants (Europe) Ltd (Registered number: 01227171) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

2. | ACCOUNTING POLICIES - continued

| Debtors and creditors receivable/payable within one year

| Debtors and creditors with no stated interest rate and receivable or payable are recorded at transaction price. Any losses arising from impairment are recognised in the income statement in other administrative expenses.

| Impairment

| Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 10 (2024 - 7 ) .

4. | TANGIBLE FIXED ASSETS

| Short |  | Plant and |  | Computer |

| leasehold |  | machinery |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 January 2025 | 271,022 |  | 139,407 |  | 12,586 |  | 423,015 |  |

| Additions | - |  | 9,399 |  | - |  | 9,399 |  |

| At 31 December 2025 | 271,022 |  | 148,806 |  | 12,586 |  | 432,414 |  |

| DEPRECIATION

| At 1 January 2025 | 157,318 |  | 125,170 |  | 12,571 |  | 295,059 |  |

| Charge for year | 13,551 |  | 4,079 |  | - |  | 17,630 |  |

| At 31 December 2025 | 170,869 |  | 129,249 |  | 12,571 |  | 312,689 |  |

| NET BOOK VALUE

| At 31 December 2025 | 100,153 |  | 19,557 |  | 15 |  | 119,725 |  |

| At 31 December 2024 | 113,704 |  | 14,237 |  | 15 |  | 127,956 |  |

5. | STOCKS

2025 | 2024 |

£ | £ |

| Stocks | 789,777 |  | 779,826 |  |

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

2025 | 2024 |

£ | £ |

| Trade debtors | 859,776 |  | 4,056 |  |

| Amounts owed by group undertakings | - |  | 130,778 |  |

| Amounts owed by participating interests | 217,511 |  | 167,131 |  |

| Other debtors | 379,110 |  | 201,080 |  |

1,456,397 |  | 503,045 |  |

| International ProcessPlants (Europe) Ltd (Registered number: 01227171) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

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

2025 | 2024 |

£ | £ |

| Trade creditors | 107,104 |  | 16,273 |  |

| Amounts owed to group undertakings | 186,012 |  | 198,755 |  |

| Amounts owed to participating interests | 18,122 |  | 184,390 |  |

| Taxation and social security | 29,329 |  | 37,729 |  |

| Other creditors | 1,201,829 |  | 259,216 |  |

1,542,396 |  | 696,363 |  |

8. | LEASING AGREEMENTS

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

2025 | 2024 |

£ | £ |

| Within one year | 35,269 |  | 14,914 |  |

| Between one and five years | 118,401 |  | 990 |  |

153,670 |  | 15,904 |  |

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

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

| value: | £ | £ |

| 13,590 | Ordinary | £1 | 13,590 |  | 13,590 |  |

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

| The Report of the Auditors was unqualified.

| Andrew Dewing FCCA, FCA (Senior Statutory Auditor)

| for and on behalf of Anderson Barrowcliff Limited

11. | RELATED PARTY DISCLOSURES

| During the year the company undertook transactions with various related parties, and/or provided or received funds to assist or to be assisted with working capital requirements as detailed below:

| Group companies

|  | 2025 |  | 2024 |  |

| £ |  | £ |  |

| Total loan amount owed by International Process Plants (Europe) Limited at the year end |  | 186,012 |  | 199,681 |  |

| The loan is free of interest and repayable on demand. |  |

| Total loan amount due to International Process Plants (Europe) Limited at the year end |  | - |  | (120,000 | ) |

| Interest is charged on the loans at a rate of 4% per annum. |  |

12. | ULTIMATE HOLDING COMPANY

| The ultimate holding company is Newfuturevest II LLC, an entity incorporated in the United States of America. It's registered office is 17A Marlen Drive, Trenton, New Jersey, 08691, United States of America.