H4 Aerospace (UK) Limited

Statement of Changes in Equity for the Year Ended 31 December 2025

	Share capital £	Share premium £	Retained earnings £	Total £
At 1 January 2025	100	14,900	(99,082)	(84,082)
Loss for the year	-	-	(200,188)	(200,188)
At 31 December 2025	100	14,900	(299,270)	(284,270)

	Share capital £	Share premium £	Retained earnings £	Total £
At 1 January 2024	100	14,900	128,899	143,899
Loss for the year	-	-	(227,981)	(227,981)
At 31 December 2024	100	14,900	(99,082)	(84,082)

H4 Aerospace (UK) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Blue Court
39 Queensway
Hemel Hempstead
Hertfordshire
HP2 5HE

These financial statements were authorised for issue by the Board on 14 September 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Key sources of estimation uncertainty

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

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

H4 Aerospace (UK) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025 (continued)

2	Accounting policies (continued)

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Furniture, fittings and equipment	33% of NBV

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

H4 Aerospace (UK) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025 (continued)

2	Accounting policies (continued)

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are 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.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 10 (2024 - 8).

H4 Aerospace (UK) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025 (continued)

4	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 January 2025	89,525	89,525
At 31 December 2025	89,525	89,525
Depreciation
At 1 January 2025	83,098	83,098
Charge for the year	2,056	2,056
At 31 December 2025	85,154	85,154
Carrying amount
At 31 December 2025	4,371	4,371
At 31 December 2024	6,426	6,426

5

Debtors

Current	2025 £	2024 £
Trade debtors	974,588	174,830
Prepayments	34,248	25,249
Other debtors	189,280	285,702
	1,198,116	485,781

H4 Aerospace (UK) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025 (continued)

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Trade creditors		510,492	41,407
Amounts owed to group undertakings and undertakings in which the company has a participating interest	9	927,786	468,751
Taxation and social security		12,152	4,513
Other creditors		80,751	79,803
		1,531,181	594,474

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary A of £1 each	75	75	75	75
Ordinary B of £1 each	25	25	25	25
	100	100	100	100

8	Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

	2025 £	2024 £
Not later than one year	38,720	36,960
Later than one year and not later than five years	154,880	154,880
	193,600	191,840

The amount of non-cancellable operating lease payments recognised as an expense during the year was £36,960 (2024 - £35,200).

H4 Aerospace (UK) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025 (continued)

9	Related party transactions

Directors' remuneration

The directors' remuneration for the year was as follows:

	2025 £	2024 £
Remuneration	161,547	205,708

H4 Aerospace (UK) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025 (continued)

9	Related party transactions (continued)

Loans from related parties

2025	Associates £	Total £
At start of period	468,752	468,752
Advanced	459,035	459,035
At end of period	927,787	927,787

2024	Associates £	Total £
At start of period	203,973	203,973
Advanced	264,779	264,779
At end of period	468,752	468,752

10	Parent and ultimate parent undertaking

The company's immediate parent is Eas Acquisition Co Limited, incorporated in Ireland.