NUSTOM (UK) LIMITED

	Page
Balance Sheet	1
Statement of Changes in Equity	2
Notes to the Financial Statements	3—5

Registered number: 15475675

		31 December 2025		31 December 2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		107,419		-
Tangible Assets	5		28,265		22,255
Investments	6		6,411,479		8,587,066

			6,547,163		8,609,321
CURRENT ASSETS
Debtors	7	44,072		99,279
Cash at bank and in hand		984,273		323,663

		1,028,345		422,942
Creditors: Amounts Falling Due Within One Year	8	(8,746,668 )		(9,411,290 )

NET CURRENT ASSETS (LIABILITIES)			(7,718,323 )		(8,988,348 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(1,171,160 )		(379,027 )

NET LIABILITIES			(1,171,160 )		(379,027 )

Profit and Loss Account			(1,171,160 )		(379,027 )

SHAREHOLDERS' FUNDS			(1,171,160)		(379,027)

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 Jonas Werner Templestein

Director

04/08/2026

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

	Share Capital	Profit and Loss Account	Total
	£	£	£
As at 9 February 2024	-	-	-
Loss for the period and total comprehensive income	-	(379,027 )	(379,027)

Arising on shares issued during the period	-	-	-

As at 31 December 2024 and 1 January 2025	-	(379,027 )	(379,027)


Loss for the year and total comprehensive income	-	(792,133 )	(792,133)

Arising on shares issued during the period	-	-	-

As at 31 December 2025	-	(1,171,160 )	(1,171,160)

1. General Information

NUSTOM (UK) LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 15475675 . The registered office is 9th Floor 107 Cheapside, London, EC2V 6DN.

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. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Intangible assets are initially recognised at cost. After initial recognition, intangible assets are measured at cost less accumulated amortisation and any accumulated impairment losses.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

Over 3 years

2.5. Investments

2.6. Foreign Currencies

Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.7. Investments

Listed investments are measured at fair value through profit or loss. Fair value is based on quoted market prices. Foreign currency investments are translated using the closing exchange rate at the reporting date. Gains and losses are recognised in profit or loss.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2024: 3)

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NUSTOM (UK) LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

4. Intangible Assets

	Other
	£
Cost
As at 1 January 2025	-
Additions	111,418

As at 31 December 2025	111,418

Amortisation
As at 1 January 2025	-
Provided during the period	3,999

As at 31 December 2025	3,999

Net Book Value
As at 31 December 2025	107,419

As at 1 January 2025	-

5. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 January 2025	24,934
Additions	17,116

As at 31 December 2025	42,050

Depreciation
As at 1 January 2025	2,679
Provided during the period	11,106

As at 31 December 2025	13,785

Net Book Value
As at 31 December 2025	28,265

As at 1 January 2025	22,255

6. Investments

	Listed
	£
Cost or Valuation
As at 1 January 2025	8,587,066
Revaluations	(2,175,587 )

As at 31 December 2025	6,411,479

Provision
As at 1 January 2025	-

As at 31 December 2025	-

...CONTINUED

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NUSTOM (UK) LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

Net Book Value
As at 31 December 2025	6,411,479

As at 1 January 2025	8,587,066

Above investments are measured at fair value through profit or loss. The decrease in fair value during the year of £13,952 has been recognised within other gains in the profit and loss account.

7. Debtors

	31 December 2025	31 December 2024
	£	£
Due within one year
Other debtors	44,072	99,279

8. Creditors: Amounts Falling Due Within One Year

	31 December 2025	31 December 2024
	£	£
Trade creditors	7,293	3,703
Amounts owed to participating interests	8,734,345	9,405,387
Other creditors	5,030	2,200

	8,746,668	9,411,290

9. Related Party Disclosures

At the balance sheet date, the company owed £8,734,345 (2024 - £9,405,387) to its parent company, Nustom Inc. The amount is unsecured, interest-free, and repayable on demand. No guarantees have been given or received in respect of this balance.

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