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2025-03-31-accounts

REGISTERED NIlI￿1BER. 09619638 {England and Wales) AIVEN T114DIYG LIIWIITED Report of the Directors and -ingn¢ig1 Statements for the Year Ended 31 Trlarch 2025 Xeinadln Audit Limited Chartered Accountants & siatulnry Auditars Suitc 2d Building l Eastern Business Park St Mellons C.ardilT Siiuth Glamorgan CF3 SEA

AWEN TRADING LIMITED Contents of the Financial Statement5 ror the Year Ended 31 March 2025 Com pan). Informatio Report of the Dire£tor5 Report of the Independent .4udilors Income Statement ilalance Sheet Plotes lo the Finartcial Statements Trading Profit gnd Loss Atcount 13

AWEN TRADING LIMITED Company Information ror tlie Year Ended 31 March 20? DIRECTORS: W J Lampion D R Hughes P D Roberts D ￿1 Srhiiih N M Thomas SF.CRF.TARI': D R Hughe5 REGISTERED OFFICE: StdblL. UffiLLs Ilryn8drnV Park 14rynmcnyn lJriLlg>cn cr39 IIIJLI RF.GISTERED NU￿[BER. U9619638 {k.'n¥yland ¢ind Will¢>) AUDITORS: Xeinudiii Audit I,iniil¢d ChartLr¥d ALiUlinl￿l5 & StatulJry Audiiors Suit¢ 2d Biiilding l F.asicrn Ilusincss Park St ML'llon5 CJrdi l-l- 8oiith Glaniorgan LF3 51.;A

Awen Trading Lin)ited Report of the Dlreetors for the Year Ended 31 .￿arCh 2025 The director¥ prLscnt IhcTr rq)vrt with th¢ financial staiemcnls of the ¢QTnpany for Ihc ycar cndcd 31 March 2025. r)tRECT(IRS The directurs showry below knve held vffice during the whole of the period l April 20?4 to the dJt¢ of thi5 report. W J Caryion D R Hughes P D Robens L) M Smitli N M Thon?as PARENT VNDF,RTAKJNG The parent company of Awen Truding Limited is AweD Cultural Trust. Awen CultLiral Trwst is a iegistered company in b.ngland and Wales whose registered oftict T8 Stable Oftices. BT￿garW Park. BryThnienyn, Fjridgend. Wale5, CF32 8UU. Awen c.ultural Tru.4t compil¢s consolidated financial stalcmcnts whi¢h cali be viewed on the Charity Lommission web.qiie. STATEMEN'f OF DIRF.C.TORS' KLSPONSIBILII"ILS The direclor8 are rL5punsiblL for prepaTing the Repon ol. Ihe Direclnrs and the financial siatetneDts in accordance applicabl¢ law and TebTrula¢ions. Compuny law requires the dircctors tn prcpLr¢ fiT]aiicial sta¢erncnts. for eaLh financial yC&Lr. UndeT Ihit law the directors have elc¢tcd 10 prepar¢ thc financial slaLwn¢ml.% in accordance with Unil¢d kinsdom Cyencrally Atcepted AcLoiiniinÉ l)ractice (Unilcd Kingdom Ac¢ouriiini* .8tandards and dpplicablc law), inclu(ling finaii¢ial R¢pi?rting Standard 102 'Thc F'inancial Reporting Siandthrd Dpplicablc in Ihc UK iLnd Repiiblic of ITeland'. Undir Company law ibc director& musl nTrt approvc Ihc fiiiancial 5tatLmcnt% unless Lhey ar¢ slltisfild th81 they give li tnTe and fair vicw of the state of affairs of ihc company artd of the profil or of Ihc cnmpany fvr thdL period. In prepaxng Ihesc finJnLial stateiiienl.4, th¥ Jir¢¢tnT¥ dre required to.. sclcct suitoblc accvunling policies and Ih¢n apply theni crjnsislcntly, make judg¢menlb and aLbounting cslimates thal are TLusonat>le and pnJd¢nl: pr¢parc the finarteial statements on the going CODC¢Tn busis unles.1 1¢ 14 inappropriate to PTcsume that the compony will coniinue in busiiiess. The dire¢tprs are responsiblc IOT keepin8 adequatL accounting reL(Irdb thol ur¢ sutTici¢nl Ir> .show artd Lxplain ih¢ company'.v IrAns8ctions disc105e witl) rca%vn#bl¢ accuracy at any time th¢ tinanciul positioii gf the company anil ¢Dablc them to ensurc thai the fiDancial staiem¢nt8 Gotnply wiib the Companies A¢t 2006. 'They are alsn respr)nsiblc for safe¥uJrdirtg the as5elS Df the Lompany and hence for taking reasonable steps for thc prevcntion and detLction olfraud and oiher irrL'gularitiL'¥. STATEhlFN'f As"i'O DISCLOSIIIU. ()li INFORMA'finN TO AUI)ITOR5 Si) far as ihc directors thrc uwore, thcre is no relevant audit inforniation l¢lY dcfined by Section 418 of th¢ Companics Aci 2.006) of which Ih¢ eompany'g uudilols are unawtmaiion. AIIDITOKS TILE Auth'wrs, Xoinrdthn Auth't Limited, will be ptoposa for T¢ryapwTrItstsnt￿1 ai rorthconiin￿ Annual (ien•r4LI M¢clwi. Ttus report hELg been prcparcd in aL'eordance with the provision8 nf PArt 15 of the Companies Act 2006 rclaung to small conipaDie4. ON BEHALF OF THE BOARD: D R Huglie.8- Dirccts>T Page 2

Report of the Independent Auditors to the Member5 of Aiyen Trading Limited (>pinion Il'e hal-c duditcd (hi lin<in¥ial siaiLmcnis of Ali'en 'l'radinv Limiled (the 'Lump2tny'l fui Ihe ycat cndLd 31 Maich 202) w'hich comprise the Inc4)me Sidlenieiil: B<il tlie ￿-.1￿￿cial %tdtenienis. includinn a fumM￿ ol- signifiLant accouIiting policiL.%. I hi finanLIJ Tlpurtin frdmeis-ork Ih(]t been applied iii tlieir prepiifdtii)n IS IL ppli¢dblL law and Uniicd Kingdoni Accouniing Sithdard.%, inLluding F InamLial l. In oiii opinion the finthciilj Sl<iietnettrls'. gii'c a tru¢ lair vi¢K uf Ihc stall of Ihc company's aft'airs as at 31 March 202) and of ils Iv%$ for the yeaT then ended., li'¢ been pr(iP¥rli' prepared in aLLordaDLe %viih United kinuijcim Generallk ALcepied klccounting PraLlice" and have bcen piepared in accord8nLf with Ihe requirernenis of Ihe CL)mpanies Act 2n06. Ilasi8 for npininii I'L cunduilLd uui lludil in aLcurduncc with Inlemalional Standards on Auditing IUKI IISAs IUK}I ￿]d applicable law.. Our rLswnsibilitliS un(Jcr thofc standard.% are ftirthir desLrihu'd In th¥ iludiior%' rLspollsibilitiLs loi thl audil uf IhL Iin<lnLI(11 S1(IILrnLnls SgLlion ol. uur r¢port. Il'¢ are indLp¥ndLni ol-IhL Comp￿￿. In accord￿ce iviih (he ethical rcquirLniLnis thai arL' reILV￿1 l() our audil ul. IhL financial 5talernents in Ihe UK_ iniliidin8 the FRC'S EihiciQ SLand()rd. and ive hai'e fullilled i)Lll oihir ¢ihicul Ic%pon.4ibiliiie% in acGordance wilh il)cs¥ rcquiTLm4111%. evid¢nc¢ w'¢ hav¢ ubtain¢d li suffiLiinl and appr(Ipriale 10 proi'ide a basis for our opinion. Coni11151uns rel￿tIll￿ to guin¥ Lunel'rn In yu¢Jiiiiig die finJnLial stateTnents, we hal'e Ll)nclud¢d thJi th¢ direciors. usc of th¥ going con¥Yrn b￿1% Df aLcouniing in IhL prep￿alIv[l of the fin￿1ClaI stdlenienis i% apprL)pridl¢. Bns that, indiviJiially or coll¥LiivcI}'. may significanl douhi on tlic LLinipani's ability li) cÉ)nlinue d going LvnLLm for A pLriod uf iii ILasl Iwel¥L mi)nihs frum w'hen ihe rinan¢idl siatemenis are auihorised fuF ISSU¢. Oui r¢spUn￿ib[lllllS und thL r¢spvnsibiliii¢5 ufih¢ dir¢ctors wilh r¢bp¢cI l() guing? cDnc¢m ur¢ d¢scrib¢d in Ihl rel¢vani scclion.s L)fihis reporÉ. ()ther infiirnilltitsn I'hL dirL'CI(Irs arc rL'ipuHsiblL for IhL' oihur infL)miaii(In. 'I'hL oihcr infonnaiion cornprisLs Ilic inlomiaiion In IhL Rcp()rl uf ihl Diii¢lvrs, bui du¢s not iiicludL' the finan¥iai stalcmLnt5 and uur Ilcpon L)f Ihc Audiii)r% Iher¢i)n. Our upinion un IhL finJncial 4lulcrn¢iits do¢s nvt ¢uv¢r lh¥ i)Ui¢r inliinndlii)n wid, ¢xL¢pl iu th¢ cxi¢ni 01h¢Th￿lIe expliLiily 5ts1tL,J in our report, WL d noi L'xpres% Jjiv fomi Dl'as.sufdnLL conclii%ion Ihcrciin. In co1￿¢¢119n with uur uudil i)f th¥ finan¥idl slallm￿nIs, our r¥spoiisibility' is lo read IhL uiher infomialion and. in doin¥ so. con.$ider whiiher IhL oiher rn1&8liilid. Il. Wk idiniil j su¥h miitLriJl in¢vn%i51¢n¥i¢.% ur apparini Inaiiridl nii5stdiL'niLnis, WL drc requirLd io dLl¥nninL i%hciher Ihis gii'is fisL 10 a niaiLrial mi4siaiLmLni 111 IhL financial il<ltLmLnis IhLTTI%LI%'eb. Il., ba%Ld L)n IhL ML)rk iv¢ ha%¥ PLrlutniLd, w¢ ¥vniludi Ihdl di¥rc is a n7al¢riul mi%8lulLmenl ul'ihi% i)Ih¢r informdlion, Ivc drL' rcquircd li) report Ihat fdcl. W'e havL Iioihing io rLPOrt In this rcgurd. ()piiiif)n5 ()n iiiher niyii¢r¥ pri'$¢rihe(J b) Ihc Curnpiii)iL'% Alt ?U116 In L)ur opinion, on tli¥ work Iiiid¥rtdkLTI in IhL Luur5L' ol'thi uu(Jit.' thL Infi)miaiion &)ivLn In Ihi RLpi?rt of IhL I)IrLiliir5 fi)r thL 1]n￿e1￿1 V¢liT foi whilh ihL linanLith %lJlimints yr¢ pr¥p4rcQ is coiisislliil wilh lh¢ lin￿¢1￿1 %iai¢m¥nl%', and Ihe RLpufl ofihL L)Ircciors beeii prepared in aLLordunce M'ith applicable lesal requiTernLnis. ,Ilytlers thn w'hlch ive ttre re4ulrtd i() rep()ri hy exception In IhL lig7hi ol. thu knot￿ll￿&L and un(J¥rsiundin¥b ol. Ihi con1p￿￿ dnd its envirL)nnieni ubiained iii Ihe Lourse i?r the audit, Iiiive nvl i(J¢nlifJ¢d Mk￿trial mis.%iaiemenis In the Report ol'ihe l)ircclor5. W'c noihinbT to r¢w)rf in risp¥¥I vl'ih¥ lulli)wingJ niallcrs wh¥rc th¢ comp￿11cS Aci 2006 rcquircs us to repon 111 if, in uiir opinion.. -udLquaii dLLuuniing rciords havl noi bein kepi, ur reliims adeqlidie fur our dudii Iiave ftiii been reLeiN'eLI frÉ)m br￿cheS nul iisil¢d bTr LL%: (?r .Ihe fiiikthLial stiiieinenis are n()l in abTreein¢ni with il)e èic¢vunliiii¥ Iccvrdb and returns., or ,ccrtaiii dis4lo%ur¥% of dir¢¢lor%' rimviiiralion %pLiifiid bv law arc IlL)I madc., or .i¥e ha￿e not r¢CLI￿ed illl lh# infurmaiion and expl. in thc Siateineiii of 01￿ClorS, R¢spoiI.%ibiliii¢s 5¢1 uul pag¢ I￿0. thc dir¢iiors ar¥ rcsponsiblL lor ihe PTLparation ofihL linaniial slaiemcii15 atid l()r bcing ￿lis￿l￿d Ihai IhLJ d IrvL dnd Idir vieii,, dnd lur suih iniLmdl Lonirul d5 the direLtor5 dLtLmiini niLes5ary 10 endbl¢ the prepardtion of fin£iilLial statenien￿ ihdl &¢ frte fiom materiJ mi55tdiemeni, i%hcth¢r duc to fruiid or ¢rror. In preparing the financial %iJtemenis, Ihe direL1O15 ar¢ iespon£ible fur #ssessiniy thc c()mpJn*'% ability to conlinuc as a going conc¢m, disLIL)sing. ￿ dppliLable, maiters relaied 10 001n￿ conLern and usinii the guingl concem bcL41S L)f aL¢uuniin¥ unle4s ihL directors ¢iih¢r tnlcnd to liquidatc Ihc companF or to ccasc opcraiions: or hai'c no rualislic alicmaiivc bul io do so. ..luditiTrrs' rLspiJnsrbilitlC5 fi)r Ihc dudil nf the findlllcial Stat¢￿c￿t5 Our objciliv¢s ÉUC lo obtain rc&ivllJbli ￿suranC¢ about ￿'hith¥r the finamcial statemen1% s¥hLIIL aJe Iree from miilliial Missl￿ter￿e￿(, iihethei due 10 fraud ui ctror, and lo issiie a Repori of thc Aiidilor% that include% our opinion. Re&%onable a55uranLc is a high l¢i'il of ￿SUranCe, bul 15 not 3 guaranice that gn audii conduciLd in accorda￿Ce iviih 15,4s (UK" I will aliiavs dLlCCi d mdl¢iEa tnibslalLmeni w-hen il exists. K.li55tiitcmcntS Cdn arisc fiotn fraud or crroi and arc con51dered material il: indii'idually or in Ilie aqgr¢gill¢, Ihe!. could reasonabls, be expelled to inlluenLe the ecunomic deLlSlOnS ol"users taken on IhL b3sis ol'thcse lindncial Slalerncn Paiie i

Report of the Independent Auditors to the Members of Alien Trading Limited -he exient l(> i%hiLh our pr<icedure.£ are capdhlc ofd¢iL¢ting itrigularitlls, including I'raud is d¥lail¥d belom.: In i(kntify'jniy and ￿￿seSSin¢Y risks L)f mdiorial rni5Stdicnicnl in rispeci of irrLgulariliLs including fraud and non-compli Ihat mtsy indiLaiL risks of miiieriul misstaiLmeni duL Iii Iraiid., rcsicliing L()rrL5pondLIiLL with I IMRC. and in iiddrib%ing the ri%k (if friiud Ihroii&>h niandbiemenl overrid¥ uf Lonlrols, Icsiing IhL appn)PTialen¢ss ofjuurnal ¥niri¢5 oihLr ddjustmLnts.' ￿￿Ls￿in¥l 14,h¥lhir IhL jud&iLmLnis in In IhL businL55 fttiiunttlL ol. Jnv SlbTrnilictml IrunsuLlions Ihyt Unus￿￿1 ()r vut%idL thL nvrnial c()ur%L l)r hu%iiiL%S. '¢ dlsu ¢umrnuniLided rclev￿1 idintifi¢d lam's dnd r¢¥iilations dnd poieniidl fraud Tisks lo all en¥a¥emenl ieam members in¥luding inlern speeialistl and remained alert ¢0 an}, indi¢alions of fraud or n(In-¢i)mpliart¢¢ wilh lalis Jnd rcgijlations ihroughoul IhL audil, No instan¥LS uf n)i1lL'ri￿ non-coniplidnie ii'ere idl'niilied. Floii'ever, IIIL IikLlihuod of deiLclinE irresuldrilies, includins I'rdud, 1.4 liinilLd bv ihe inhLrcnt dilliLulty in d¥li¢iin¥ irrc8ulwiii¢s. th¥ Ll'fLiiii'cn¥SS ul. Ihc cnlily'5 cunlro15. Jnd the niiiurc. tiniing anJ L'xlLni ul. IhL' diidii pruc¥durcs pLrliimiLd. IttCgul￿iI1iS Ihiil rLs1111 Irom IrJiiJ migihi k, inhLrLnil! mure dilliLiili lu (JelLLI Ihiin irre¥ill￿1ile5 ihdi rLsulI Iri)ni error. As c¥pluin¢d abovc, Iherc is an unavoidable risk Ihal maii'rial missldiemenls mal nol ￿ deiecled. even Ihougl) (he audit has been plannid and perfumed in accnrdance willi ISA% IUKI. A lurth¢r dcsLripEion ol OLir rcsponsibiliiies lor Ihe audii ol. Ihe financial siaiemeiiis is locaied on the Financial llewniiio Council's website at Hiiw,frc oig.ukJaudil(irsresponsihilitie5. 1'hi5 deicription fornis pari ofour Report ofihc Audiiors. 1,8e nfnur repi)rl This report is made solely to the ionippnv's members. as a bodTr, in aiiorJdiiLe wilh Chapier 3 t7f Part 16 vfihe CoMp￿]eS ilLI 2006. ()ur audil ivork has tK'en Undert1￿¢n so thal fflighi slalc lo Ihe company'5 mcmbeis Ih05L mattcis wc arc rcquircd Io slulc lu ihcni iii a Rcpori of ihL Aiidi1015 and for nu oiher putposc. To IhL fullcsi cxlcnl PL(lliitted bj las￿ sI"e do not acccpl or iespon5ibility lo anyone oiher Ihwi the con)panv and the conipany's rnemter% &4 a biidv, for vur audit i¥vrt(, for Ihis r¥purt, ur (or lh¢ opinions wc ha￿¢ fi)m¥J. G Froncis A CA Gaieih l.-rancis (Stnior %ialulory Audilui} lor and on bCh￿t-0I- XLinJdin Audii l.imil¢d ChancrLd Ac¢oun(￿lS & Sicltuiory Audilots Siiiti 2d uilding l F.ast¢m BusinLss l)ark Si klcllvns Cardi fouih c11￿Organ CF3 5F.A r)ale.' PaThe 4

AWEN TRADINC LIMITED Income Statement for the Year Ended 31 March 2025 31.3.2) 31.3.24 N()1¥S TURNOVER 959,844 1,343,770 ('os( ()fsales 733 657 1 026 805 GROSS PROFI"I" 226.187 316,965 Adminislratl￿e expenses 321328 479 708 195.141) 1162,743) l)ther OP¥raling inuonie OPE114'1'1NG LOSS 188,5Ui} 1149,574) Inierest P¢iyablc dnd Simil4￿ expenses LOSS BEFORL TAXA TION 189.389) {149,574) I'ax on10s LOSS FOR THE FINIINCIAL YEAR 119 3g91 14().574) The nolLS torni part of these financial statements PaLie 5

Awen Trading l.imlted (Regislered number.. 09619638) Balance Sheet 31 ￿arCh 2025 31..3.24 FIXED ASSF.TS tntdnkyible assets Tan¥ible assets 79.226 101,528 79,226 101,528 CURRF.ThT ASSETS Stocks Debtor Cash ai bank 29.748 33,108 129.875 23,701 11.954 118,R25 192,731 154.480 CREDITORS Atnounts falling duc within onc year 510,162 39tl.091 NET CURRF.NT LIABLLITIES (317,4311 (243,()1 l) TOTAL ASSETS LESS CURRENT LIABII.ITITr'S (238,2U5) (142,083) CREDITORS ArThouiits falling due after more ihan one year 33,535 40,268 P4gT I.IABILITIES (271.740> (1¥2,351) CAPI'fAL AND RESERv￿s Called up sharc LdPlt81 Retained ¢arning6 (271.741) 1182,352} {271,740) (182,3511 The r?Dun¢iJl slciiements have b¢cn prtipared in A¢eordan¢e with tbe provisions appllcable to companies subje¢l to tbe $m&ll ¢ompaniLS r¢gSmL. The fin2nciAI $tatemenis were approved by the Board of r)iNctor5 and autliuFl8ed for issue on W¢Te sigi)ed OD Ils bcball'by. D R Hu8hes- Dir¢¢ti The notes form part of these finaiicial statements Pag¢ 6

AWEN TRADING LIMITED Notes to the Financial Statements ror the Year Ended 31 March 2025 STATIITORI" INFoR￿1.4T1o￿ ,IIN¢n 'l'rdding LimilLd 15 a Prii'dte compdni.: limited b}. shares, rcgisiered in F.ngland dnd Walcs. "Ihc Lompany's rtgisiered nutnber 1£ nd reqistered office ¢iddr¢.%s Lan be fiiund on the Company Infomi<21ion puge. The prcscntiition LurrLncJ' uf thL findncial statemenls is Ihc Pound Sierling (£). ACCOUNTING POLICILS Basis of preparing the financial statemtnts Thes¢ finc111cial stEllim¢ni% lia¥¢ beell pr¢par¢d in aLL0rda￿L¥ iviih l.inynLidl RL'purtin¥ Standird 102 'fh¢ Finaiivial Repi)rting Siandard iipplilablu iii ihL UK di)d Repiiblic of Irelaiid" iiicluding ihe pri)i'isi()ns ()r Seciion l A 'Small Enlitics" and the Companies Aci 200A. 'I'he financial siaiemenls have been prepared undtr th¢ hislori¥¢l1 cost Loni'eniion. Turiiover TLirnover is recognised at ihe fair i'aliie of the consideration reLeived or I'eLeivablL for goods and service5 proiidcd in Ihe normal L()Iirse of business. Lind is 5hoi¥'n nlt ol. V AT dnd othLr sales rLl<iled tLKes. -rh¥ f<1ir value of consideruli(In iakcs inlib aicount Il'<ide discounts, settlcmeni discounis and vulume rebates. I'hcn cash inflo1￿.$ arL dufLrrLd nd Tepre%enl a finanLin¥ <irr¢in¥eminl, IhL luir vJlu¢ ol. Ihe consideralioi) is the prcseiil value L)r thL fuiurc rLCiiplb. I'hL dirrerence beiwtten the fair N'alue uf the ¢unsidLraliun iind Ihc nominal amuunl rcceivcd is rc¥ogniscd as inlerbst inconie. ¢vcniiL Irum IhL sdlL' ol. goods is rLcognisLd ￿'hen th¥ si¥nifiLtii)I ri%ks urid reward% of tswnLr%hip i)I' (h¢ gL)vds havL PinplLhte Llin bL LbtiIndied ruliably, 'I'hL SL(IgJi {Il- LuinplLIiuii is i(Ilculalid by L(Impuring LOS(s inLurrLd, mainly in rLlillii)n Iii Ll)nlrdLIuÉil huLirly staff rcilL.b (ind m(Il¥ri(Ils, as a pri)pi)rtioii ()I' luial Los(s. W'hcre ihL ()LlIL()mL caiiniji bL eNiiniuled rL'liahly. rL¥enue 1% reiobTI)isLd unly 11> Il)i exlLnt ol. thL expensLS fL'Lo&inisLd thdl li 15 pr()b<iblL ivil I bi r¢LI)vcrid. CalL, bar and kiosk 5<11¥S are relognised al IhL date the Sale lakes place. 'Lddin&7 and clLlI)mmi)dalii)n inLomL 15 fLL()gni5cd ut the dalL the sLri ice is priii'ided. Any income re¢¢ived in ¢idN'an¢¢ is dLlerred released in ihi PLriod in whiLh i( relulLS. Intll ngible assets Inli11l17ibli ass¢15 Jri initially m¥asurcd ai Lus1. AfiL'r inili<il rcLogniti()i), inliiiigiiblL assLs(s are measurcd al Lost less any accumiilalLd am(irti%aiiiin and dnv dLLumulalL.d inipaim¢i)11055L'S. Compulcr si)ftwarc is bcing dmortiscd iN'¢nlv over ils ¢Slimalcd usefiil lif¢ ur riN'e )'eitrs. TAngibl¢ fixed assets DcprLLliilion pri)vided al ihe fDlliiii'in8 annual rdies in ()rder lo ivriii off eiiih asNLI over its bbtimatLd iiseliil life. ImproveinLllis t() pro)pety IOO/o 1)1) cost Fikturcs and tilling5 2￿/0 on cosl Ci)mputer equipment 2UQ/o on cost Government grant5 JOI ernmLnt giranis are reLI)gnised al Ihe fair v(IliiL' of Ihi as5Li ricLived or rL'Leii'ablL whLn thcr¢ is TLa5tTrnublc llssuraiiL¢ IIIiL t tlie ordnl Londitii)n% iiill be niel dllL4 Ihe granl ii'ill b¥ relil￿.Ld. A grant that 5pecilies perf0rn11L nce conditiDns is rLcognised in income iihen the perfornianLe condilions arl mct. li'hLrL graiil doLS 111)I speLiti perlormanLe conditii)ns it is recogiiised in in¢omL ivhcn Ihe procLed5 are rclcii'ecl vr rec¢iFable. A grant recLiked before the reci)gnition crileria ar4 satisficd is reLognise(l ab a liabililv. Stocks %IL)Lks are ¥'aliiid Jt ihe l{Ik¥Lr i)l- Lusl lind nLI fL?Ili%¢iblL ￿laIU￿. iifrtir niakinu duc all01￿linLL IDr obsulctL (2nd sloiv 1711i1.jii ileni%. Pa£e 7 conliiiued...

AWEN TRADING LIMITED Notes to the Financial Statements - continued for the Year Ende(J 31 March 202) ACCOUNTING POLICIES- continued Financial instruments Basic Trinancial .4ssetg Ilasic financial assets, ii'hiLh inLlude debiors and cash and bank balances, are iniiiall!, measured ai IransaLtic)n price inLludiiig transdLtiOli LOStS dnd are siibsLqIILntlJ' carried at aniortiscd Lost usiiig the cflLcliie interest mLihod unless the atrangcmint Loiistilulcs a fin<inLing irdJ)saLtiun. ￿'h¢re (he iransaLliiin is med%ur¢d al the present value ()I' LITr¢ fulLire receipts discounlcd al a markcl ralL ol. interesl, FiiianLidl d55eis classifiLd ds receii'able iviihin one year dre not amonised. Basic Financial Liabilities Basic fini?nLiAI liabilities, including creditors, biink Iodns, luans from fello1￿ grciup LompJnies and prelerence shares thal are LlaqqifiLd a% debi, arL' iniiially rLcogni4ed at transaLtion priLL unless ihc arrangLTn¢ni L()nsiilul¢s <1 financing Irans(ILIion. vh¥re (he debi inslriinieni IN nied%ured ul lh¢ pr¢%¢nl i'ulu¢ i)f Ihe fuliir¥ P<iymeni.4 di.sLI)unted ai a miirkei r<lte ol. interes1, illanLi(il liabililics ¢lassil iL.d as Piiyabl¢ w'ithin on¥ year are niit amortis¢d. Debi inslNments EkfL subseqiiLnily L*Lrried al amoriised LL)Sl, using the effeLlive inlLres1 r' Io4ether w'ith an}, Lhung¢i in the fiiif Vdlue ()r the heiJgLd l- Ilx Painst the rever%dl (Il d¢f¥rred IJX lithilili¢b or other lulure l(Lxabl¢ pri)fil%. Hire purchase and leasing commitments R¢nials paid undLF uperating liasLs èirL chargLd lo prolit or loss on a slraighi linL basis over ihc piriod i)f ihL ILasL. Pension costs other post-retirement benefits Thc Con1p￿1) opcriltcf a dclinLd contributi()n Pillsiaii 5chLmc. Contrihulions pav21 blc to thc companv's Pinsion schline Iir chargcd (o prEifit or li)sf in Ihc PLriod to which ihei. relale. Cllsh at bank and in hand Cash and lash iquii'alints are basic financial asse15 and include cash in hdnd, dep05iiq lield ai call ￿lih banks, other shori-terFn liquid inveslllienls iTrith ()riginal malurilics of thrci months or l¥SS, and bank oNerdralis. Ilank oN"erdraft! ar¥ shoii'n ￿.]lh1n borrowings in ru￿ent li£ibilili¢s. Going concern DL5pile ihL negatii'e reseri is shuvs'n in IhL balanie shLit and 10551s in Ihi pcriod, Ihi dirLLiors beliele Ihal ihL businLSb should still be Ir¢aied as a g()ing cunLem. 1'hi.% 1% bdsed on continued supp(irt fivm the P¢wenl 11.% ￿￿ell as lulure anliLipai¥d resulis. continiied...

AWEN TRADING LIMITED Notes to tlle Financial Statem ents - contii)ued for the Year Ended 31 March 2025 ACCOUNTINC POLICIES- continued Emplvyee benefits 'I"hL' Lost ol. shc)rt-IL'nii cniplv) ee bL'ntfitS dfv reLognised <15 a lidbilil). dnd dn expinsL'. uiIILs% ihosL LO%iS arl fLqLiifL'LI 1() bL r¥iognis¢d as part of th¥ co%1 ol qiock or fixed as.£ets. Th¥ LQSi of an¥ unuqed hiiliday eT)litlemenl is reLo¥Jnised in the period in i￿h1¢h Ihe LmploJ'¢L'S scrN'iiLs url r¥cciv¢d. Tem)in,'Ilion bincfii.£ IiTe FLL()gni.%ed immLdiatLI! 1)% an Lxp¢nqe iN'hin ili¥ ¢i)mp￿}Y 1> demonslrablj. Li)Ininiilud io ILmiinale Ihc cinplciJTllLnl ()f (LII Lillplu) LL Dr lo prui'idi ILrmina(ioii b¢iiclils. EfvIPLOI'EES AND DIRECTORS 'I'hL average iiumber of Linplo!'eL'S during Lhc ycar Ivas 47 {2024 - 50). OPERATING LOSS -l-h¢ op¢raling10ss is ￿aL￿d aft¢r ¢lic2rging; 31.3.25 31.3.24 DLpfeLiiiLiun L)IvllLd dS%Lts C.onipuler sot't￿.dre amiirtib<ition 22,302 2).065 IN'I'AIYGJBLL FIXED ASSEIS other inl<ingJible iissels COST Ai l April 21124 und 31 Mdrlh ?025 ANIORTIS.4TION Ai l April 2024 and .? I klurch 2025 NET BOOK VALUE At 31 MarLh 21125 At .31 Marlh 2024 TANGIBLE FIIED ASSF.TS Improvements to propety Fixtures Computer equipment filtin(Is Totals C.OST At l April 2074 and 31 ￿l￿rih 2025 104.18? i.)83 DEPRECIATION Ai l April 2024 Chargc for yLar ?8,389 44.$ J() s. Jit3 78,i18 Ai 31 March 20?5 100.820 NET BOOK VALLIE At 31 MdrLh 202) 64,674 79.?!6 At 31 Marih 2024 101.528 continued...

AWEN TRADIiYG LIMITED Notes to the Financial Stmtements - Continued for the Year Ended 31 March 202 DEBTORS: A￿louNTs FALLIING DIIE IIIITHIN ONE YEAR 31.3.2) 31.3.24 Trdde debt(Ir% Oiher d¢hi()r% 7.274 21.864 CREDITORS.. AhlOUNTS FALLING DUE II'ITHIiN ONE I'EAR 31.3,25 31.3,?4 'I'rade crediiors Amountq o¥¥'ed to 8r()up undertakiiig 179,804 36.778 394 2111,062 1,567 179458 l)ihcr irLdiior% 510 162 3l)X OYI CREDITORS: A￿loU￿Ts Tr ALLING DLIL ATr"'I'ER I¥IORE'I"HAN ONL I'EAR OihLr crLdiiors ()Iher Credili)rs which fdll Llue iillLr fli't )edfs PXyiiblL b). i1istJlments ￿L. 21175. £7,462 (211?4.. £111,912). RELA"I"ED PAR'fi' DISCI..OSURF.S I hL L(TrIIIP&iny iakLll iidi'&UlliigJL ol. LXLmpii()n. undur il)¥ ILniis ul. F iiiLJi)Lial Ilipui1ing Sidndurd IU? 'I'l]L' k illiin¥illI RLP(Iniii& Still)d(Ir(I cippliciiblL in ihi IIK and RepiibliL ul. Ireland,, noi Iii di%ilosL' r¢l¢ilLd pliny Lran%£iLlions ii'iih ivhi)11)' i)Ivn4d siibsidiuri¥b ¥viihiii Il)L giroiip. LIL'I.1￿1.11.E CONI'ROLLING PplRTI' ThL uliimatL C()iiirolliiig i)<lrty is Aii'cn Culiiirul Trusl. Page 10

AWEN TRADING LIMITED Trading and Profjt and Loss Account for the Year Ended 31 March 202> 31.3.25 Sales 9)9,844 1,343,771) Cost of salts I'urihd%¢5 WaL)es Social S¥LLiril)' P¢nsions 23i.865 454,363 28.()86 -338,6{1? 629,2)8 -38.1161 211284 733 6)7 1026 80) GROSS PROFIT ?26,1117 316,965 Other income Sundry. receipt 232,823 33D,134 Expenditure Ronl InsurAIiLL Lighi &nd heat HirL i)f pliint and machinLry )()%( und slLS Iib.%iriptii>ns Lcgcil ILL. Amurtisalion of inlan&7iblc fixcd l)¢prcLiution ol- Iiingibl¥ IixLd asse15 26,665 12,816 311,3()8 6,744 2,6811 24,325 2,29() 2.-156 1,062 10.47() 32,41)5 6,167 3,)32 1,283 115,597 66.739 14,640 63,378 3,5?6 3,339 37.044 1,30) 2,160 3,-370 48.091 3,1182 9() 161,1147 1,260 25 1165 309 ?0 463971 {76,3115) 1133,837) Finan¢¢ Costs U£ink Lharges Bank loaii intcrL5t 15,737 114 15,737 NE'f LOSS 89 389) 149 5741 This paoe does not torm part of the statutory financial slalemenls Patse 11

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