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REGISTERED NUMBER: 03795348 (England and Wales)

Report of the Directors and

Financial Statements for the Year Ended 31 August 2025

for

The Clay Oven UK Limited

The Clay Oven UK Limited (Registered number: 03795348)

Contents of the Financial Statements

for the Year Ended 31 August 2025

Page |

Company Information | 1 |

Report of the Directors | 2 |

Report of the Independent Auditors | 4 |

Income Statement | 8 |

Balance Sheet | 9 |

Notes to the Financial Statements | 10 |

The Clay Oven UK Limited

Company Information

for the Year Ended 31 August 2025

| DIRECTORS: | V K Khanna

| Mrs V Khanna

| N Khanna

| SECRETARY: | Mrs V Khanna

| REGISTERED OFFICE: | Garlands

| Sandy Lane

| Northwood

| Middlesex

| HA6 3ES

| REGISTERED NUMBER: | 03795348 (England and Wales)

| AUDITORS: | Prestons

| Chartered Accountants

| Statutory Auditors

| 364-368 Cranbrook Road

| Gants Hill

| Ilford

| Essex

| IG2 6HY

The Clay Oven UK Limited (Registered number: 03795348)

Report of the Directors

for the Year Ended 31 August 2025

The directors present their report with the financial statements of the company for the year ended 31 August 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of event catering activities.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 September 2024 to the date of this report.

V K Khanna

Mrs V Khanna

N Khanna

FINANCIAL INSTRUMENTS

Treasury operations and financial instruments

The company operates a treasury function which is responsible for managing the liquidity, interest and foreign currency risks associated with the company's activities.

Liquidity risk

The company manages its cash and borrowing requirements in order to maximise interest income and minimise interest expense, whilst ensuring the company has sufficient liquid resources to meet the operating needs of the business.

Interest rate risk

The company is exposed to fair value interest rate risk on its fixed rate borrowings and cash flow interest rate risk on bank overdrafts and loans.

Credit risk

Investments of cash surpluses, borrowings and derivative instruments are made through banks and companies which must fulfil credit rating criteria approved by the board.

Price risk and cash flow risk

The board continually monitors pricing strategy to ensure that margins are maintained in light of market competition and input cost volatility. The company reviews its price list periodically to reflect changes in supplier costs and market conditions. There is a risk that competitive pressures may limit the company's ability to pass on cost increases in full, which could impact profitability. The board mitigates this risk through regular margin analysis and cost control procedures.

All customers who wish to trade on credit terms are subject to credit verification procedures. Trade debtors are reviewed on a regular basis and provision is made for doubtful debts when necessary.

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Report of the Directors and the 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 United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). 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 of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

- | select suitable accounting policies and then apply them consistently;

- | make judgements 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 company will continue in business.

The Clay Oven UK Limited (Registered number: 03795348)

Report of the Directors

for the Year Ended 31 August 2025

STATEMENT OF DIRECTORS' RESPONSIBILITIES - continued

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 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 hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he or she ought to have taken as a director in order to make himself or herself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS

The auditors, Prestons, will be proposed for re-appointment at the forthcoming Annual General Meeting.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

N Khanna - Director

23 August 2026

Report of the Independent Auditors to the Members of

The Clay Oven UK Limited

Opinion

We have audited the financial statements of The Clay Oven UK Limited (the 'company') for the year ended 31 August 2025 which comprise the Income Statement, Balance Sheet and Notes to the Financial Statements, 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 company's affairs as at 31 August 2025 and of its 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 Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'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 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.

Other information

The directors are responsible for the other information. The other information comprises the information in the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

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.

In connection with our audit of the financial statements, 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 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.

Opinions 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 Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- | the Report of the Directors has been prepared in accordance with applicable legal requirements.

Report of the Independent Auditors to the Members of

The Clay Oven UK Limited

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Directors.

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

- | adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

- | the 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; or

- | the directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemption from the requirement to prepare a Strategic Report or in preparing the Report of the Directors.

Responsibilities of directors

As explained more fully in the Statement of Directors' Responsibilities set out on pages two and three, 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 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 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 company or to cease operations, or have no realistic alternative but to do so.

Auditors' 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 a Report of the Auditors 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 financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, with particular regard to the nature of the company's activities as an event catering activities. Our procedures include:

- We obtained an understanding of the legal and regulatory framework applicable to the company and the industry in which it operates, including Companies Act 2006, UK tax legislation, employment law, health and safety regulations, environmental regulations, and other laws and regulations relevant to the company's operations.

Report of the Independent Auditors to the Members of

The Clay Oven UK Limited

- We discussed with management how the company ensures compliance with laws and regulations and considered whether there were any known or suspected instances of non-compliance.

- We assessed the susceptibility of the financial statements to material misstatement, including how fraud might occur, by considering the company's operations, internal controls, management judgement, revenue recognition, stock valuation, supplier arrangements, customer credit risk and the risk of management override of controls.

- We evaluated the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the directors.

- We tested journal entries and other adjustments, with particular focus on unusual or non-routine transactions, year-end adjustments and entries affecting revenue, stock, margins, creditors and related party balances.

- We reviewed significant transactions outside the normal course of business and considered whether there was any indication of inappropriate accounting treatment or lack of commercial rationale.

- We reviewed correspondence with relevant authorities where available, including HMRC and other regulatory bodies, and considered the financial statement impact of any matters identified.

- We assessed whether the disclosures in the financial statements appropriately reflected the company's principal risks, including working capital, customer credit risk, stock valuation, supply chain pressures, raw material cost movements and funding arrangements.

- We concluded on the appropriateness of the directors' use of the going concern basis of accounting and, based on the evidence obtained, considered whether any material uncertainty existed that may cast significant doubt on the company's ability to continue as a going concern.

Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with International Standards on Auditing (UK). The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations or the override of internal controls. We are not responsible for preventing non-compliance with laws and regulations or fraud and cannot be expected to detect non-compliance with all laws and regulations or every incidence of fraud.

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 Report of the Auditors.

Report of the Independent Auditors to the Members of

The Clay Oven UK Limited

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 a Report of the Auditors 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.

Anwer Patel BA (Hons) FCA, BFP (Senior Statutory Auditor)

for and on behalf of Prestons

Chartered Accountants

Statutory Auditors

364-368 Cranbrook Road

Gants Hill

Ilford

Essex

IG2 6HY

23 August 2026

The Clay Oven UK Limited (Registered number: 03795348)

Income Statement

for the Year Ended 31 August 2025

| 31.8.25 |  | 31.8.24

| Notes | £ | £ |

TURNOVER | 1,728,994 |  | 1,767,842 |  |

Cost of sales | 626,990 |  | 675,740 |  |

GROSS PROFIT | 1,102,004 |  | 1,092,102 |  |

Administrative expenses | 1,131,066 |  | 984,568 |  |

(29,062 | ) | 107,534 |  |

Other operating income | 301,655 |  | 313,651 |  |

OPERATING PROFIT | 5 | 272,593 |  | 421,185 |  |

Interest receivable and similar income | 291,083 |  | 281,906 |  |

563,676 |  | 703,091 |  |

Interest payable and similar expenses | 251,169 |  | 216,200 |  |

PROFIT BEFORE TAXATION | 312,507 |  | 486,891 |  |

Tax on profit | 81,528 |  | 20,155 |  |

PROFIT FOR THE FINANCIAL YEAR | 230,979 |  | 466,736 |  |

The Clay Oven UK Limited (Registered number: 03795348)

Balance Sheet

31 August 2025

| 31.8.25 | 31.8.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 6 | 289,132 |  | 314,333 |  |

Investments | 7 | 130,000 |  | 130,000 |  |

Investment property | 8 | 7,730,813 |  | 7,730,813 |  |

8,149,945 |  | 8,175,146 |  |

CURRENT ASSETS

Stocks | 34,330 |  | 37,450 |  |

Debtors | 9 | 10,142,393 |  | 9,952,451 |  |

Cash at bank and in hand | 518,033 |  | 553,445 |  |

10,694,756 |  | 10,543,346 |  |

CREDITORS

Amounts falling due within one year | 10 | 1,208,787 |  | 1,652,264 |  |

NET CURRENT ASSETS | 9,485,969 |  | 8,891,082 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 17,635,914 |  | 17,066,228 |  |

CREDITORS

Amounts falling due after more than one year | 11 | (6,939,906 | ) | (6,601,199 | ) |

PROVISIONS FOR LIABILITIES | 13 | (1,462,193 | ) | (1,462,193 | ) |

NET ASSETS | 9,233,815 |  | 9,002,836 |  |

CAPITAL AND RESERVES

Called up share capital | 14 | 200,000 |  | 200,000 |  |

Retained earnings | 9,033,815 |  | 8,802,836 |  |

SHAREHOLDERS' FUNDS | 9,233,815 |  | 9,002,836 |  |

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 23 August 2026 and were signed on its behalf by:

N Khanna - Director

The Clay Oven UK Limited (Registered number: 03795348)

Notes to the Financial Statements

for the Year Ended 31 August 2025

1. | STATUTORY INFORMATION

| The Clay Oven UK Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| Turnover

| Turnover represents net income receivable from sale of goods and services in the year, excluding value added tax.

| Tangible fixed assets

| Tangible fixed assets 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 costs of assets less their residual value over their estimated useful lives, using a reducing balance method, as indicated below.

| Depreciation is provided on the following basis:

| Fixtures and fittings - 20% on reducing balance

| Motor vehicles - 25% on reducing balance

| The asset's 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 and loss.

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| Stocks

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

| 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.

The Clay Oven UK Limited (Registered number: 03795348)

Notes to the Financial Statements - continued

for the Year Ended 31 August 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| 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.

| 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.

| Impairment of assets

| At each reporting period end date, the company reviews the carrying amounts of its tangible, intangible and other assets to determine whether there is any indication that those assets have suffered an impairment loss. If such an indication exists, the recoverable amount of asset is estimated in order to determine the extent of the impairment loss (if any).

| Going concern

| The directors have prepared cash flow forecasts for a period of at least twelve months from the date of approval of the financial statements. These forecasts take into account trading performance, working capital requirements and available banking facilities.

| The company had net current assets of £9.52m at 31 August 2025 and generated positive operating cash flows during the year. On this basis, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and therefore continue to adopt the going concern basis of accounting.

| Cash and cash equivalents

| Cash and cash equivalents comprise cash in hand, deposits held at call with banks, and other short-term highly liquid investments with original maturities of three months or less.

| Debtors and creditors receivable/ payable within one year

| Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

| Loans and borrowings

| Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

The Clay Oven UK Limited (Registered number: 03795348)

Notes to the Financial Statements - continued

for the Year Ended 31 August 2025

3. | CRITICAL ACCOUNTING JUDGEMENTS

| The following are the judgements (apart from those involving estimation) that have had the most significant effect on the amounts recognised in the financial statements:

| Classification of related party loans

| The company has loan arrangements that are repayable on demand with related parties. The directors have exercised judgement in classifying these balances as current assets and liabilities in accordance with the contractual terms of the agreements.

| Going concern

| The directors have assessed the company's ability to continue as a going concern for a period of at least twelve months from the date of approval of these financial statements. This assessment includes consideration of trading performance, cash flow forecasts, borrowing facilities and covenant compliance.

| KEY SOURCES OF ESTIMATION UNCERTAINTY

| The key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date, that have a significant risk of resulting in a material adjustment to the carrying amounts of assets and liabilities within the next financial year are set out below:

| Debtors and creditors receivable/ payable within one year

| Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

| Loans and borrowings

| Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

| Employee benefits

| The company provides a range of benefits to employees, including short-term benefits such as salaries and paid holiday arrangements.

| Short-term benefits are recognised as an expense in the period in which the service is received.

| Operating leases

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

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 18 (2024 - 15 ) .

5. | OPERATING PROFIT

| The operating profit is stated after charging:

| 31.8.25 |  | 31.8.24

£ | £ |

| Depreciation - owned assets | 41,181 |  | 45,269 |  |

The Clay Oven UK Limited (Registered number: 03795348)

Notes to the Financial Statements - continued

for the Year Ended 31 August 2025

6. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 September 2024 | 2,696,194 |  |

| Additions | 15,980 |  |

| At 31 August 2025 | 2,712,174 |  |

| DEPRECIATION

| At 1 September 2024 | 2,381,861 |  |

| Charge for year | 41,181 |  |

| At 31 August 2025 | 2,423,042 |  |

| NET BOOK VALUE

| At 31 August 2025 | 289,132 |  |

| At 31 August 2024 | 314,333 |  |

7. | FIXED ASSET INVESTMENTS

| Other

| investments

£ |

| COST

| At 1 September 2024

| and 31 August 2025 | 130,000 |  |

| NET BOOK VALUE

| At 31 August 2025 | 130,000 |  |

| At 31 August 2024 | 130,000 |  |

| The investment is in a private limited company and is valued by the director at its current market value.

8. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 September 2024

| and 31 August 2025 | 7,730,813 |  |

| NET BOOK VALUE

| At 31 August 2025 | 7,730,813 |  |

| At 31 August 2024 | 7,730,813 |  |

The Clay Oven UK Limited (Registered number: 03795348)

Notes to the Financial Statements - continued

for the Year Ended 31 August 2025

9. | DEBTORS

| 31.8.25 |  | 31.8.24

£ | £ |

| Amounts falling due within one year:

| Other debtors | 229,340 |  | 1,290,882 |  |

| Amounts falling due after more than one year:

| Amounts owed by group undertakings | 8,771,265 |  | 8,425,095 |  |

| Other debtors | 1,141,788 |  | 236,474 |  |

9,913,053 |  | 8,661,569 |  |

| Aggregate amounts | 10,142,393 |  | 9,952,451 |  |

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

| 31.8.25 |  | 31.8.24

£ | £ |

| Bank loans and overdrafts | 40,000 |  | 60,000 |  |

| Hire purchase contracts (see note 12) | 1,548 |  | 16,549 |  |

| Trade creditors | 336,278 |  | 336,838 |  |

| Taxation and social security | 141,274 |  | 77,154 |  |

| Other creditors | 689,687 |  | 1,161,723 |  |

1,208,787 |  | 1,652,264 |  |

11. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.8.25 |  | 31.8.24

£ | £ |

| Bank loans | 6,050,000 |  | 6,090,000 |  |

| Hire purchase contracts (see note 12) | - |  | 1,293 |  |

| Other creditors | 889,906 |  | 509,906 |  |

6,939,906 |  | 6,601,199 |  |

| The bank loans of the company are secured over the freehold property owned by the company and a debenture over the company. Interest charged on the loan is 3.29%.

The Clay Oven UK Limited (Registered number: 03795348)

Notes to the Financial Statements - continued

for the Year Ended 31 August 2025

12. | LEASING AGREEMENTS

| Minimum lease payments under hire purchase fall due as follows:

| 31.8.25 |  | 31.8.24 |

£ | £ |

| Net obligations repayable:

| Within one year | 1,548 |  | 16,549 |  |

| Between one and five years | - |  | 1,293 |  |

1,548 |  | 17,842 |  |

13. | PROVISIONS FOR LIABILITIES

| 31.8.25 |  | 31.8.24

£ | £ |

| Deferred tax

| Other timing differences | 1,462,193 |  | 1,462,193 |  |

| Deferred |

| tax |

£ |

| Balance at 1 September 2024 | 1,462,193 |  |

| Balance at 31 August 2025 | 1,462,193 |  |

14. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.8.25 |  | 31.8.24

| value: | £ | £ |

| 200,000 | Ordinary | £1 | 200,000 |  | 200,000 |  |

15. | CONTINGENT LIABILITIES

| The company is a member of a group of companies and has entered into cross-guarantee arrangements with certain fellow group undertakings in respect of banking facilities.

| Under these arrangements, the company has guaranteed the liabilities of other group undertakings to the bank. At the balance sheet date, the directors do not consider it probable that a liability will arise in respect of these guarantees, and therefore, no provision has been recognised in the financial statements.

16. | RELATED PARTY DISCLOSURES

| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

The Clay Oven UK Limited (Registered number: 03795348)

Notes to the Financial Statements - continued

for the Year Ended 31 August 2025

16. | RELATED PARTY DISCLOSURES - continued

| During the year the company had following balances and transactions with an entity in which one of the director is a shareholder:

|  | 31/8/25 |  |  | 31/8/24 |

|  | £ |  |  | £ |

| Other fees receivable |  |  | 5,000 |  |  | - |

| Venue hire and cross charges payable |  |  | 278,650 |  |  | 223,660 |

| Amount due to the company |  |  | (81,440 | ) |  | (50,222 | )

| Included in other creditors are amount owed to directors totalling £741,203 (2024: £924,662).

17. | ULTIMATE CONTROLLING PARTY

| The controlling party is The Clay Oven Group Limited.

| The ultimate controlling party is V K Khanna.