Report of ih& Directors and Unaudiled Finathtfrul Stulemenls for Ihe Yeor Ended 31 May 2025 for ID¢vbalion Arts Ltd Incubalign Arts Ltd Contents of Ihe Finarteitsl 51**mÈnts fDrthe Yeur Ended 31 Muy 2025 Pagè Cgmpany Informolion Report of ihe DiTÈdoi$ Incorne Slatement Bqlonce Sheet Slpt¢mèE)l of Changes ID Equily Noles lo thÈ Finunrial Sttttements Chartèred Aoeountqnts. Report Deftsiled Income Expendilur* Accounts Incubatioh Arts Lid Company It)fomwtÈon for the YegT Ended 31 Muy 2025 DIRECtORS: Ms J A Horner J P Teasdaje SECRETARY: J A Htsmer REGISTERED OFFICE: 12 Haldene Rood Mocclesfitld Cheshire SKI 1 8WE REGisfÈRED NUMBER: 08053266 (England ond wa￿$) ACCOUNTANTS: Hurt5 knftyred Weslrnin5ter House TO Wesminsrer Road Macclesfield C￿bire SKIO ISX Pcgè I In¢vbthio# Arts Ltd Report of ihe Direclors for th• Yeor Eftfjed 31 Muy 2025 The directors preseni thelr report wtth the financial #otementg of the compgny for the year ended 31 Moy 2025. Chority Incorporation Orgonrsufion NLmber- 1164275 PRINCIPAL ACTIVITY The prirKipal attivity of the C￿PanY in the year mder review wos thot of pronhxln9 cregltiryty in and for the benefit of I￿￿1 Commun￿e￿ DIRECFORS The directors shown ￿loW hove IEld o+ftce durir¢g the whole of the period Irixn l June 2024 10 the dot¢ of this report. Ms J A Homer Mr J P Teasd¢% This report hos been preptt￿d In u¢cordants wlth the provisions of Part 15 of the Companies Ad 2006 reloting to >noll componie> ON BEHALF OF THE BOARr>. Ms J A Homer. Dlrectcr 24 February 2026 Poge 2 In¢ubution AFES Lld Income Stthment for the YetsT Fndod 31 Moy 2025 31.5.25 31.5.24 Not¢5 TURNOVER 743 911 CO￿ of soles 1961 GROSS SURPLUS 743 815 Adminislrotive expense5 11,0501 115271 13071 17121 Oth&r operutlng inc 300 775 OPERATING IDEFiaT)/SURPLUS IDEFicifilSURPLUS BEFORE TAXATION 63 Tox on Idefietil/surplus IDEFICIT)ISURPLUS FOR THE FINANCIAL YEAR 63 The notes forni port of thèse finundol ttoiements Page 3 In¢ubthion Arts Ltd IRe9iStered number 080532601 Bulanee Sheet 31 Mtsy 2025 315.25 313.24 FIXED ASSETS IT*tsngib￿ Ossèts Tongibl¢ a%s¢ts 42 56 42 50 CURRENT ASSETS C¢sh at bcnk 15579 16,830 CREDITORS Amtsunis tolllng dLE within y¢or 119.3381 1205961 NET CURRENT LIABILITIE5 13,7591 31661 TOTAL ASSETS LESS CURRÈNT LIABILMES 13,7171 1311 DI RESERW Irwne ond èxpendiDJre (*ccwtt 13,7171 13.7101 13.7171 137101 Tre e4rTpany Is entided to exemptTOty from oudit under SeLti¢)n 477 of the Comp&nies Ao 2006 for ihe yegr ended 31 Moy 2025. The member5 hoye not required the tèmpony to gbmin on oudit of its flnoncigl for the year •)ded 31 May 2025 in 0ccvrd¢￿Tr with Sechon 476 *>f the Companies Att 2006. The directors ucknowledge thÈir responslbllitles for: ltsl enwriftg Ihth the wrnpgny keèps occountin9 retords whlth eomply wkth Se¢riofts 386 and 387 of the Compunie5 Att 2006 ond Ibl preporing finonclol 3tot¢rnents which grve o true ond fair view of the 5tute of offairs of the company (55 Ot the end of eoth flnoncial yeor ond of tis svrplvs or deficit for éath finowal yeor in acLvrdtsThtr with the requireTnents of seth￿n% 394 ond 395 whith otheNise comply with the reqvlrements of the Componies Ad 2006 reloting to fino*)dol sroiements, so far Q7s opplicoble to the company. The Pinonool statements have been prepoTed in (Jccordtsnce With the provisions appllcoble ro wmpaTries subjed to the smoll componies regime. The financicTI trorements were opproved t)y Boord of Directors and outhorised *or i%yR on 2A Febrvcjry 2026 tsnd were signed on ils beholf by= M5 J A HttMer- Dlreoor The notes form port of these fingnciul thoiemerfs Poge 4 In¢vb(rtion Art5 Lld Stalèmenf of Chgn9ès Equity for thè Yeur Ended 31 May 2025 Retoined eomiftgs Total equity Buhnté tsl l Jun• 2023 13,7731 13.T/31 Chan9e5 in equity Total comprehensive in)me 63 63 Bulan¢* ol 31 IAtsy 2024 13,7101 13,7101 Chon9¢5 in equity Totol comprehenslvè incgrne Bulunce at 31 May 2ff25 131171 13,7171 The note5 form port of these finonclul uoterneDIS Po9e 5 Sft¢ubalion Alls Lid Noles lo ihe FÉnaThcial StolementS tor ihe Year Ended 31 Moy 2025 STATUTORY INFORMATION Incvbotion ATts Ltd is o prlvot$ eompanyfr lirnited by guorontee, registered in 6)glond and Wole& The compony's re￿￿tered number ond regIst￿ed office uddress can be found cn the Compony hformotion poge. ACCOUNTING POLICIES Busis of preporing Ihe finunciol stotement$ Thèse finanool *glemeDts huve been prepaTèd In occordan￿ with Finorjciul Reporting Standord 102 The Pinonciul Reporting Stondord cjppllcoble ID the UK ond Republic of Ireland" includiig the prr>vsions of sett￿￿ IA "Smoll brtities" and the Cury)on¢es Act 2006. The Pinancittl siutemenis havè been prepared under the h15t¢)rieol cost ￿nvention. Tvrnovèr Tumtsver is meosured ut the tolr vulue of the Considèrotion recelyed or re￿[vO61e net of VAT and frude discounys. WF*n the outrcorn? of a tro￿¢￿10n cc¥n bè èthmoted reliebly, turnover ITc¥n serv1tr5 is rttognised by rdtrroKe to the stoge of completion ot the balan￿ sl)eet dule. Stogtr of complèii(In is meowred by referen￿ 10 finolisotlon of work compkted. Where the Ou￿(￿￿? ccsnnot be meosured reliubly. tvmover 15 recognised only to the extent of thè expenses reL¥uni5￿ thth ore recoyerobb. ltttanyible (J$set$ Inron9ible assets ore inftially meawred ot w>t. Atter knitlal re￿gNitiOn, Intongible tsssets ore measured ot tost less ony acUrnlL￿ed om¢rtlsthon tsnd ary oca￿1(*&d impulnn2nt k)sses. Comput¢r s0t￿Ore Is being amortis&d evenly over its estimotèd useful Ilfe ¢f three year Tangible fixed usseis Depre￿￿10ft Is providèd •1 the following anDuoI r¢tes in ordèr to wrfte off each tsssei ovèr its estimot¢d useful lrfe. Office eqvlpment 25°/D on reduon9 boloncè EMPLOYEES AND DIREcfoRS The (Nerage number of ernpltsy￿ during the year wu$ 212024 - 21. OPERATING IDEFiari/SURPWS OpÈr(t￿9 defici*12024 - oper¢)tlng surplvsl is sroted ofter tharging: 315.25 31.5.24 Depreciution- owned assets TAXATION Analysis OF the tox Charge No fiobilry to UK corporation ttsx orose for yeor ended 31 Moy 2025 nor for the y*gr ended 31 Moy 2024. Poge 6 c￿￿l￿Ved_ Incubofion Art5 Ltd Notes to Ihe FinuThcio1 Stglement$- Continued for Ihe Y6ur Endod 31 Muy 2025 INTANGIBLE HXED A55ETS CoffipLrter sofvure COST Ar l Jvne 2024 and 31 May 2025 I,oso AMORnsATION At l JunE 2024 and 31 May 2025 1,050 NET BOOK VALUE At 31 May 2025 At 31 Moy 2024 TANGSBIE FIXED ASSETS QffiL equipfflenr COST Ar l Jwe 2024 ond 31 Ma¥ 2025 861 DEPRECIATION At l 2024 orge for year 805 At 31 May 2025 819 NEf BOOK VALUE At 31 May 2025 42 At 37 Moy 2024 56 CREDrroRS: AMOUNTS FALLING DUE wrrHIN ONE YEAR 31.5.25 315.24 Other creditors 19,338 20J96 Page 7 Chartered AfcovThfamls' Report to Ihe Bourd of Di￿￿Or$ on the Unoudled Finunrigl Statements of Inculxrtion Art$ Lfd In ordey tts 0$51st you to fulfil ywr duties under Comptsnies Att 2￿0. wè hove prepgred for your •pproYal the fv)undal storeTnents of IFKubahOA Arts Ltd lor the yèor ended 31 May 2025 which comprise the Income Statemem, Bulooce gEet. Stotemeni of alonges In Equity ond the reloted notes frorn comp•ny5 acctsunling records ond from informoii¢n ond explgngti¢nS you hove given us. As ts prothsing member firm of the It*ittrte ol L)artered Accovntonts ith ￿￿l(l￿d ond Wo1¢5 IICAEWI, we are subjett Tro ethiwl ond other professionol requirements whith ar& detolled within the ICAEW's regulatityts ¢nd guidan￿ ol http..//www.icr5ewts)m/en/memb6rshlplr¢gvlgtions-tyondords-und-guidaoce. This report is made 501ely to the board of Direcrors gf IrKubotion Arts 12d, 0$ a bodyi in occord0r￿ with ¢ur ierms of engcjgement. Our work hos beerj vnderroken 501ely ￿ preparÈ for your approvql thè finoncictl ￿afernent5 of lrto)b¢tion Ans Ltd and ￿￿te tlK>se motters that WÈ haye ogwd to slate to the Boord of Directors o* Incubation Arts Ltd, os o body, in thi5 report In occordance wrfh ICAEW Te&mical Release 07/16AAF. To fullest extent permittred by low, wè do noi accept or •ssun7e respon5ibiltiy to onyone other thah InwbcJth)n Art5 Ltd and its Boord of Direthtsrs, os 0 bodyr for wr wtsrk for thts repcrt. It is yovr duty to ensurts thot Incvboiion Arts Ltd has kept odequate accounting records ond to prepts￿ stOW￿rY finunciol ttatements thol gtve g true ond folr view of the a55ets, liobiiitles, finontittl po$ition ond lo¥ of Incubtsiion Artg Lid. You ¢onsider thut Incvbtition Arts Itd 1$ exompt frorn the rtahrtory ovdii reqvirem¢nt ft>r the yeor. We hLwe noi been Inoruded to torry ¢yJr on audii or o review o* thnaniol statements of InoJbtshon Arts Ltd. For thls rea￿￿. we hove not verified the acLuracy or cornpleteness of the occounting records or informution and explanahon5 YOU htsve given to us ond we do rth, therefore, expr¢55 ony opinion on the statvtory fincjnciul sraternent HO￿ Limited Weshninster Hou5 l O Westmintter Rood Mo£desPield Chethire SKIQ IBX 24 Februory 2026 This pog* d¢)es not form part of the stotLrtory finowol ttotetrwits Pog& 8 Imtubulion Arts Ltd In