REGISTERED NUMBER: 03648451 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

EIGER SAFETY LIMITED

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

5

48,571

27,298

CURRENT ASSETS

Debtors

6

1,044,818

831,776

Cash at bank

87,420

126,868

1,132,238

958,644

CREDITORS

Amounts falling due within one year

7

194,203

141,955

NET CURRENT ASSETS

938,035

816,689

TOTAL ASSETS LESS CURRENT LIABILITIES

986,606

843,987

CREDITORS

Amounts falling due after more than one year

8

(20,650

)

(5,000

)

PROVISIONS FOR LIABILITIES

(12,143

)

(6,824

)

NET ASSETS

953,813

832,163

CAPITAL AND RESERVES

Called up share capital

11

400

400

Retained earnings

953,413

831,763

SHAREHOLDERS' FUNDS

953,813

832,163

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 September 2026 and were signed by:

P Jaffe - Director

1.	STATUTORY INFORMATION

Eiger Safety Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

03648451

Registered office:

Unit 6

193 Garth Road Industrial Estate

Morden

Surrey

SM4 4LZ

The presentation currency of the financial statements is the Pound Sterling (£).

All amounts in the financial statements have been rounded to the nearest £.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Related party exemption

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.

Significant judgements and estimates

The preparation of financial statements in compliance with Financial Reporting Standard 102 Section 1A requires the use of certain accounting estimates. It also requires the directors to exercise judgement in applying the company's accounting policies.

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

- Determine whether leases entered into by the company either as a lessor or a lessee are operating lease or finance leases. These decisions depend on an assessment of whether the risks and rewards of ownership have been transferred from the lessor to the lessee on a lease by lease basis.

- Determine whether there are indicators of impairment of the company's tangible and intangible assets, including goodwill. Factors taken into consideration in reaching such a decision include the economic viability and expected future financial performance of the asset and where it is a component of a larger cash-generating unit, the viability and expected future performance of that unit.

Other key sources of estimation uncertainty

Tangible fixed assets

Tangible fixed assets are depreciated over their useful lives taking into account residual values, where appropriate. The actual lives of the assets and residual values are assessed annually and may vary depending on a number of factors. In re-assessing asset lives, factors such as technological innovation, product life cycles and maintenance programmes are taken into account. Residual value assessments consider issues such as future market conditions, the remaining life of the asset and projected disposal values.

Turnover

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

Tangible fixed assets

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

- 1% on cost

Plant and machinery

- 15% reducing balance

Fixtures and fittings

- 15% reducing balance over lease term

Motor vehicles

- 25% reducing balance

Computer equipment

- 25% reducing balance

Financial instruments

Basic financial assets, which include trade debtors, other debtors and cash and bank balances, are initially measured at the transaction price including transaction costs and are subsequently recognised at amortised cost.

Basic financial liabilities, including trade creditors and other creditors, are initially recognised at transaction price and are subsequently recognised at amortised cost.

Classification of 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 entity after deducting all of its financial liabilities.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income , 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 for employees. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.

Dividend

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. Dividends on shares recognised as liabilities are recognised as expenses and classified within interest payable.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 6 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

73,390

Additions

28,618

Disposals

(3,640

)

At 31 March 2026

98,368

DEPRECIATION

At 1 April 2025

46,092

Charge for year

6,720

Eliminated on disposal

(3,015

)

At 31 March 2026

49,797

NET BOOK VALUE

At 31 March 2026

48,571

At 31 March 2025

27,298

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 April 2025

23,998

Additions

27,580

Transfer to ownership

(23,998

)

At 31 March 2026

27,580

DEPRECIATION

At 1 April 2025

13,254

Charge for year

3,386

Transfer to ownership

(15,561

)

At 31 March 2026

1,079

NET BOOK VALUE

At 31 March 2026

26,501

At 31 March 2025

10,744

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

245,199

107,777

Amounts owed by group undertakings

783,662

703,743

Other debtors

15,957

20,256

1,044,818

831,776

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

4,250

10,000

Hire purchase contracts (see note 9)

7,430

1,856

Trade creditors

11,303

7,476

Taxation and social security

159,533

111,510

Other creditors

11,687

11,113

194,203

141,955

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

5,000

Hire purchase contracts (see note 9)

20,650

-

20,650

5,000

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts

2026

2025

£

£

Net obligations repayable:

Within one year

7,430

1,856

Between one and five years

20,650

-

28,080

6,310

Non-cancellable

operating leases

2026

2025

£

£

In more than five years

650,000

700,000

10.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Hire purchase contracts

28,080

1,856

The HP liabilities are secured on the assets acquired.

11.	CALLED UP SHARE CAPITAL

Alloted, issued and fully paid:

Nominal

2025

2024

Number:

Class:

value:

£

£

100

Ordinary A

£1

100

100

100

Ordinary B

£1

100

100

100

Ordinary C

£1

100

100

100

Ordinary D

£1

100

100

400

400

12.	CONTINGENT LIABILITIES

A cross guarantee is in place with Barclays Bank plc to secure the monies owed to it by Eiger Vertical Solutions Limited. The bank loan is secured by a debenture giving a fixed and floating charge over the assets and undertaking of the company and a first legal charge over properties held by Jaffe Holdings Limited.

13.	PARENT COMPANY

Jaffe Holdings Limited is regarded by the directors as being the company's parent company and Eiger Vertical Solutions Limited is regarded by the directors as being the company's ultimate parent company. Both of these companies are registered in England and Wales and have the following registered office; Unit 6, 193 Garth Road Industrial Centre, Garth Road, Morden, Surrey, United Kingdom, SM4 4LZ.