Electric Chaos Holdings Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 10517071

		2025		2024
	Notes	€	€	€	€
FIXED ASSETS
Investments	5		10,753		1,342,503

			10,753		1,342,503
CURRENT ASSETS
Debtors	6	644,790		601,890
Investments	7	-		19,692
Cash at bank and in hand		418,513		459,502

		1,063,303		1,081,084
Creditors: Amounts Falling Due Within One Year	8	(1,127,769 )		(1,124,892 )

NET CURRENT ASSETS (LIABILITIES)			(64,466 )		(43,808 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(53,713 )		1,298,695

NET (LIABILITIES)/ASSETS			(53,713 )		1,298,695

CAPITAL AND RESERVES
Called up share capital	9		117		1,331,867
Profit and Loss Account			(53,830 )		(33,172 )

SHAREHOLDERS' FUNDS			(53,713)		1,298,695

Page 1

Page 2

Electric Chaos Holdings Limited

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Morgan Franck Emmery

Director

24/09/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Electric Chaos Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10517071 . The registered office is Birchin Court, 20 Birchin Lane, London, U.K, EC3V 9DJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Going Concern Disclosure

The financial statements have been prepared on a going concern basis. The company has obtained undertakings from its shareholders that they will continue to support the company for the foreseeable future and meet all third party liabilities as they fall due. Given this undertaking, the directors consider it appropriate to adopt a going concern basis in preparing the financial statements.

2.3. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.4.

Preparation of consolidated financial statements

The financial statements contain information about Electric Chaos Holdings Limited as an individual company and

do not contain consolidated financial information as the parent of a group. The company is exempt under Section

399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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.

Foreign currencies

...CONTINUED

Page 3

Page 4

Electric Chaos Holdings Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.4. - continued

Assets and liabilities in foreign currencies are translated into Euro at the rates of exchange ruling at the balance sheet

date. Transactions in foreign currencies are translated into Euro at the rate of exchange ruling at the date of

transaction. Exchange differences are taken into account in arriving at the operating result.

2.5.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less

any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of 5 years.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Intangible Assets

	Other
	€
Cost
As at 1 January 2025	4,968

As at 31 December 2025	4,968

Amortisation
As at 1 January 2025	4,968

As at 31 December 2025	4,968

Net Book Value
As at 31 December 2025	-

As at 1 January 2025	-

5. Investments

	Subsidiaries
	€
Cost or Valuation
As at 1 January 2025	1,342,503
Disposals	(1,331,750 )

As at 31 December 2025	10,753

Provision
As at 1 January 2025	-

As at 31 December 2025	-

Net Book Value
As at 31 December 2025	10,753

As at 1 January 2025	1,342,503

Page 4

Page 5

Electric Chaos Holdings Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

VEGA ARC INC.

Registered office: USA

Nature of business:

Class of shares: holding

Ordinary 100.00

31.12.2025 31.12.2024

US$ US$

Aggregate capital & reserves (306,692) (300,916)

Losses for the year (5,776) (5,089)

TMF Luxembourg

Registered office: Luxembourg

Nature of business:

Class of shares: holding

Ordinary 50.99

No other information available.

6. Debtors

	2025	2024
	€	€
Due within one year
Other debtors	640,181	597,281
Amounts owed by subsidiaries	4,609	4,609

	644,790	601,890

7. Current Asset Investments

	2025	2024
	€	€
Unlisted investments	-	19,692

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	€	€
Other creditors	371,774	368,897
Accruals and deferred income	479,889	479,889
Amounts owed to subsidiaries	276,106	276,106

	1,127,769	1,124,892

9. Share Capital

	2025	2024
	€	€
Allotted, Called up and fully paid	117	1,331,867

100 Ordinary shares of £1 each

10. Ultimate Controlling Party

The company's ultimate controlling party is Morgan Franck Emmery by virtue of his ownership of 100% of the issued share capital in the company.

Page 5