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REGISTERED NUMBER: 03908555 (England and Wales)

| Strategic Report, Report of the Directors and |

| Financial Statements |

| For The Year Ended 31st March 2025 |

| for |

| Wye Commercials Limited |

| Wye Commercials Limited (Registered number: 03908555) |

Contents of the Financial Statements

For The Year Ended 31st March 2025

Page |

| Company Information | 1 |

| Strategic Report | 2 |

| Report of the Directors | 3 |

| Report of the Independent Auditors | 4 |

| Income Statement | 8 |

| Other Comprehensive Income | 9 |

| Balance Sheet | 10 |

| Statement of Changes in Equity | 11 |

| Cash Flow Statement | 12 |

| Notes to the Cash Flow Statement | 13 |

| Notes to the Financial Statements | 14 |

| Wye Commercials Limited |

Company Information

For The Year Ended 31st March 2025

| DIRECTORS: | Julian Kirk Barnett

| Brian George Burson

| Pauline Heather Burson

| SECRETARY: | Pauline Heather Burson

| REGISTERED OFFICE: | Ross Livestock Market

| Netherton Road

| Overross Industrial Estate

| Ross on Wye

| Herefordshire

| HR9 7QQ

| REGISTERED NUMBER: | 03908555 (England and Wales)

| AUDITORS: | Wildin (Auditors) Limited

| Kings Buildings

| Lydney

| Gloucestershire

| GL15 5HE

| Wye Commercials Limited (Registered number: 03908555) |

Strategic Report

For The Year Ended 31st March 2025

The directors present their strategic report for the year ended 31st March 2025.

ON BEHALF OF THE BOARD:

Julian Kirk Barnett - Director

21st August 2025

| Wye Commercials Limited (Registered number: 03908555) |

Report of the Directors

For The Year Ended 31st March 2025

The directors present their report with the financial statements of the company for the year ended 31st March 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of the sale of commercial vehicles.

DIVIDENDS

The total distribution of dividends for the year ended 31st March 2025 will be £ 834,480 .

DIRECTORS

The directors shown below have held office during the whole of the period from 1st April 2024 to the date of this report.

Julian Kirk Barnett

Brian George Burson

Pauline Heather Burson

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Strategic Report, the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

- | select suitable accounting policies and then apply them consistently;

- | make judgements and accounting estimates that are reasonable and prudent;

- | prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he or she ought to have taken as a director in order to make himself or herself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS

The auditors, Wildin (Auditors) Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

Julian Kirk Barnett - Director

21st August 2025

Report of the Independent Auditors to the Members of

Wye Commercials Limited

Opinion

We have audited the financial statements of Wye Commercials Limited (the 'company') for the year ended 31st March 2025 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity, Cash Flow Statement and Notes to the Cash Flow Statement, Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

- | give a true and fair view of the state of the company's affairs as at 31st March 2025 and of its profit for the year then ended;

- | have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

- | have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The directors are responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

- | the information given in the Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- | the Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

Report of the Independent Auditors to the Members of

Wye Commercials Limited

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

- | adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

- | the financial statements are not in agreement with the accounting records and returns; or

- | certain disclosures of directors' remuneration specified by law are not made; or

- | we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the Statement of Directors' Responsibilities set out on page three, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Report of the Independent Auditors to the Members of

Wye Commercials Limited

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Irregularities are instances of non-compliance with laws and regulations. The objectives of our audit are to obtain sufficient appropriate audit evidence regarding compliance with laws and regulations that have a direct effect on the determination of material amounts and disclosures in the financial statements, to perform audit procedures to help identify instances of non-compliance with other laws and regulations that may have a material effect on the financial statements, and to respond appropriately to identified or suspected non-compliance with laws and regulations identified during the audit.

In relation to fraud , the objectives of our audit are to identify and assess the risk of material misstatement of the financial statements due to fraud, to obtain sufficient appropriate audit evidence regarding the assessed risks of material misstatement due to fraud through designing and implementing appropriate responses and to respond appropriately to fraud or suspected fraud identified during the audit.

However it is the primary responsibility of management, with the oversight of those charged with governance, to ensure that the entity's operations are conducted in accordance with the provisions of laws and regulations and for the prevention and detection of fraud.

In identifying and assessing risk of material misstatement in respect of irregularities , including fraud, the audit engagement team:

-obtain an understanding of the nature of the industry and sector, including the legal and regulatory framework that the company operates in and how the company complying with the legal and regulatory framework;

-inquired of management, those charged with governance, about their own identification and assessment of the risk of irregularities, including an known actual, suspected or alleged instances of fraud;

-inquired of entity staff in tax and compliance functions to identify any instances of non-compliance with laws and regulations by way of data submission report, and whether they are aware of any instances of non-compliance.

-reviewed financial statement disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations in direct relation to the company.

- performed audit work over the risk of management override of controls, including testing of journal entries and other adjustments for appropriateness, evaluating the business rationale of significant transactions outside the normal course of business and reviewing accounting estimates for bias.

-discussed matters about non-compliance with laws and regulations and how fraud might occur including assessment of how and where the financial statements may be susceptible to fraud.

As a result of these procedures, we considered the most significant laws and regulations that have a direct impact on the financial statements are FRS 102 the Companies Act 2006 and tax compliance regulations. We performed audit procedures to detect non-compliance which may have a material impact on the financial statements which included reviewing financial statements disclosures, inspecting correspondence with local tax authorities and evaluating advice received from external tax advisors.

The audit engagement team identified the risk of management override of controls and revenue recognition as the areas where the financial statements were most susceptible to material misstatement due to fraud. Audit procedures performed included but were not limited to testing manual journal entries and other adjustments and evaluating the business rationale in relation to significant, unusual transactions and transactions entered into outside the normal course of business. We tested a sample of revenue transactions recognised either side of the reporting date to determine whether revenue was recorded in the correct period.

In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which may be fundamental to the Company's ability to operate or to avoid a material penalty.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Report of the Independent Auditors to the Members of

Wye Commercials Limited

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Jacqueline Anne Mannion FCA, ACCA (Senior Statutory Auditor)

for and on behalf of Wildin (Auditors) Limited

Kings Buildings

Lydney

Gloucestershire

GL15 5HE

21st August 2025

| Wye Commercials Limited (Registered number: 03908555) |

Income Statement

For The Year Ended 31st March 2025

| 31.3.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

TURNOVER | 25,712,273 |  | 20,283,403 |  |

Cost of sales | 23,067,397 |  | 18,255,474 |  |

GROSS PROFIT | 2,644,876 |  | 2,027,929 |  |

Distribution costs | - |  | 745 |  |

Administrative expenses | 1,247,582 |  | 1,195,267 |  |

|  |  | 1,247,582 |  |  |  |  | 1,196,012 |  |

1,397,294 |  | 831,917 |  |

Other operating income | 16,462 |  | 12,000 |  |

OPERATING PROFIT | 4 | 1,413,756 |  | 843,917 |  |

Interest receivable and similar income | 128,701 |  | 42,568 |  |

PROFIT BEFORE TAXATION | 1,542,457 |  | 886,485 |  |

Tax on profit | 5 | 386,476 |  | 225,861 |  |

PROFIT FOR THE FINANCIAL YEAR | 1,155,981 |  | 660,624 |  |

| Wye Commercials Limited (Registered number: 03908555) |

Other Comprehensive Income

For The Year Ended 31st March 2025

| 31.3.25 |  | 31.3.24

| Notes | £ | £ |

PROFIT FOR THE YEAR | 1,155,981 |  | 660,624 |  |

OTHER COMPREHENSIVE INCOME | - |  | - |  |

TOTAL COMPREHENSIVE INCOME FOR THE YEAR | 1,155,981 |  | 660,624 |  |

| Wye Commercials Limited (Registered number: 03908555) |

Balance Sheet

31st March 2025

| 31.3.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 7 | 1,221,491 |  | 1,154,837 |  |

CURRENT ASSETS

Stocks | 8 | 1,302,441 |  | 757,000 |  |

Debtors | 9 | 56,834 |  | 367,835 |  |

Cash at bank and in hand | 2,885,607 |  | 2,969,618 |  |

4,244,882 |  | 4,094,453 |  |

CREDITORS

Amounts falling due within one year | 10 | 739,275 |  | 845,196 |  |

NET CURRENT ASSETS | 3,505,607 |  | 3,249,257 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 4,727,098 |  | 4,404,094 |  |

PROVISIONS FOR LIABILITIES | 11 | 7,989 |  | 6,586 |  |

NET ASSETS | 4,719,109 |  | 4,397,508 |  |

CAPITAL AND RESERVES

Called up share capital | 12 | 1,100 |  | 1,000 |  |

Retained earnings | 13 | 4,718,009 |  | 4,396,508 |  |

SHAREHOLDERS' FUNDS | 4,719,109 |  | 4,397,508 |  |

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 21st August 2025 and were signed on its behalf by:

Julian Kirk Barnett - Director

| Wye Commercials Limited (Registered number: 03908555) |

Statement of Changes in Equity

For The Year Ended 31st March 2025

| Called up |

| share |  | Retained |  | Total

| capital |  | earnings |  | equity

£ | £ | £ |

Balance at 1st April 2023 | 1,000 |  | 4,043,473 |  | 4,044,473 |  |

Changes in equity

Dividends | - |  | (307,589 | ) | (307,589 | ) |

Total comprehensive income | - |  | 660,624 |  | 660,624 |  |

Balance at 31st March 2024 | 1,000 |  | 4,396,508 |  | 4,397,508 |  |

Changes in equity

Issue of share capital | 100 |  | - |  | 100 |  |

Dividends | - |  | (834,480 | ) | (834,480 | ) |

Total comprehensive income | - |  | 1,155,981 |  | 1,155,981 |  |

Balance at 31st March 2025 | 1,100 |  | 4,718,009 |  | 4,719,109 |  |

| Wye Commercials Limited (Registered number: 03908555) |

Cash Flow Statement

For The Year Ended 31st March 2025

| 31.3.25 |  | 31.3.24

| Notes | £ | £ |

Cash flows from operating activities

Cash generated from operations | 1 | 832,970 |  | 1,516,356 |  |

Tax paid | (261,875 | ) | 329 |  |

Net cash from operating activities | 571,095 |  | 1,516,685 |  |

Cash flows from investing activities

Purchase of tangible fixed assets | (367,030 | ) | (692,288 | ) |

Sale of tangible fixed assets | 154,198 |  | 139,210 |  |

Interest received | 128,701 |  | 42,568 |  |

Net cash from investing activities | (84,131 | ) | (510,510 | ) |

Cash flows from financing activities

Amount withdrawn by directors | 263,405 |  | (263,405 | ) |

Share issue | 100 |  | - |  |

Equity dividends paid | (834,480 | ) | (307,589 | ) |

Net cash from financing activities | (570,975 | ) | (570,994 | ) |

(Decrease)/increase in cash and cash equivalents | (84,011 | ) | 435,181 |  |

Cash and cash equivalents at beginning of year | 2 | 2,969,618 |  | 2,534,437 |  |

Cash and cash equivalents at end of year | 2 | 2,885,607 |  | 2,969,618 |  |

| Wye Commercials Limited (Registered number: 03908555) |

Notes to the Cash Flow Statement

For The Year Ended 31st March 2025

1. | RECONCILIATION OF PROFIT BEFORE TAXATION TO CASH GENERATED FROM OPERATIONS

| 31.3.25 |  | 31.3.24

£ | £ |

| Profit before taxation | 1,542,457 |  | 886,485 |  |

| Depreciation charges | 111,817 |  | 103,015 |  |

| Loss on disposal of fixed assets | 34,360 |  | 28,118 |  |

| Finance income | (128,701 | ) | (42,568 | ) |

1,559,933 |  | 975,050 |  |

| (Increase)/decrease in stocks | (545,440 | ) | 399,898 |  |

| Decrease in trade and other debtors | 48,510 |  | 54,276 |  |

| (Decrease)/increase in trade and other creditors | (230,033 | ) | 87,132 |  |

| Cash generated from operations | 832,970 |  | 1,516,356 |  |

2. | CASH AND CASH EQUIVALENTS

| The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

| Year ended 31st March 2025

| 31.3.25 |  | 1.4.24

£ | £ |

| Cash and cash equivalents | 2,885,607 |  | 2,969,618 |  |

| Year ended 31st March 2024

| 31.3.24 |  | 1.4.23

£ | £ |

| Cash and cash equivalents | 2,969,618 |  | 2,534,437 |  |

3. | ANALYSIS OF CHANGES IN NET FUNDS

| At 1.4.24 | Cash flow | At 31.3.25

£ | £ | £ |

| Net cash |

| Cash at bank and in hand | 2,969,618 |  | (84,011 | ) | 2,885,607 |  |

2,969,618 |  | (84,011 | ) | 2,885,607 |  |

| Total | 2,969,618 |  | (84,011 | ) | 2,885,607 |  |

| Wye Commercials Limited (Registered number: 03908555) |

Notes to the Financial Statements

For The Year Ended 31st March 2025

1. | STATUTORY INFORMATION

| Wye Commercials Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| 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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| 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

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Plant and machinery | - | 15% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

| 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.

| Hire purchase and leasing commitments

| 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. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

| Wye Commercials Limited (Registered number: 03908555) |

Notes to the Financial Statements - continued

For The Year Ended 31st March 2025

3. | EMPLOYEES AND DIRECTORS

| 31.3.25 |  | 31.3.24

£ | £ |

| Wages and salaries | 690,280 |  | 686,058 |  |

| Social security costs | 45,198 |  | 46,030 |  |

| Other pension costs | 6,411 |  | 5,502 |  |

741,889 |  | 737,590 |  |

| The average number of employees during the year was as follows:

| 31.3.25 |  | 31.3.24

| Directors | 4 |  | 3 |  |

| Administrative and Other Staff | 9 |  | 10 |  |

13 |  | 13 |  |

| 31.3.25 |  | 31.3.24

£ | £ |

| Directors' remuneration | 354,822 |  | 324,618 |  |

| Information regarding the highest paid director is as follows:

| 31.3.25 |  | 31.3.24

£ | £ |

| Emoluments etc | 209,840 |  | 182,054 |  |

4. | OPERATING PROFIT

| The operating profit is stated after charging:

| 31.3.25 |  | 31.3.24

£ | £ |

| Other operating leases | - |  | 745 |  |

| Depreciation - owned assets | 111,818 |  | 103,015 |  |

| Loss on disposal of fixed assets | 34,360 |  | 28,118 |  |

| Auditors Remuneration | 4,000 |  | - |  |

5. | TAXATION

| Analysis of the tax charge

| The tax charge on the profit for the year was as follows:

| 31.3.25 |  | 31.3.24

£ | £ |

| Current tax:

| UK corporation tax | 385,073 |  | 260,961 |  |

| Prior Year Adjustment/Interest | - |  | (329 | ) |

| Total current tax | 385,073 |  | 260,632 |  |

| Deferred tax | 1,403 |  | (34,771 | ) |

| Tax on profit | 386,476 |  | 225,861 |  |

| Wye Commercials Limited (Registered number: 03908555) |

Notes to the Financial Statements - continued

For The Year Ended 31st March 2025

6. | DIVIDENDS

| 31.3.25 |  | 31.3.24

£ | £ |

| Ordinary shares of 1 each |

| Final | 834,480 |  | 295,589 |  |

| Interim | - |  | 12,000 |  |

834,480 |  | 307,589 |  |

7. | TANGIBLE FIXED ASSETS

| Freehold |  | Short |  | Plant and

| property |  | leasehold |  | machinery

£ | £ | £ |

| COST

| At 1st April 2024 | 745,269 |  | 211,749 |  | 103,269 |  |

| Additions | - |  | - |  | 88,390 |  |

| Disposals | - |  | - |  | (5,500 | ) |

| At 31st March 2025 | 745,269 |  | 211,749 |  | 186,159 |  |

| DEPRECIATION

| At 1st April 2024 | - |  | 205,010 |  | 57,371 |  |

| Charge for year | - |  | 6,739 |  | 9,941 |  |

| Eliminated on disposal | - |  | - |  | (688 | ) |

| At 31st March 2025 | - |  | 211,749 |  | 66,624 |  |

| NET BOOK VALUE

| At 31st March 2025 | 745,269 |  | - |  | 119,535 |  |

| At 31st March 2024 | 745,269 |  | 6,739 |  | 45,898 |  |

| Fixtures |

| and |  | Motor |

| fittings |  | vehicles |  | Totals

£ | £ | £ |

| COST

| At 1st April 2024 | 68,007 |  | 474,488 |  | 1,602,782 |  |

| Additions | 9,000 |  | 269,640 |  | 367,030 |  |

| Disposals | - |  | (253,160 | ) | (258,660 | ) |

| At 31st March 2025 | 77,007 |  | 490,968 |  | 1,711,152 |  |

| DEPRECIATION

| At 1st April 2024 | 53,184 |  | 132,380 |  | 447,945 |  |

| Charge for year | 3,919 |  | 91,219 |  | 111,818 |  |

| Eliminated on disposal | - |  | (69,414 | ) | (70,102 | ) |

| At 31st March 2025 | 57,103 |  | 154,185 |  | 489,661 |  |

| NET BOOK VALUE

| At 31st March 2025 | 19,904 |  | 336,783 |  | 1,221,491 |  |

| At 31st March 2024 | 14,823 |  | 342,108 |  | 1,154,837 |  |

| Wye Commercials Limited (Registered number: 03908555) |

Notes to the Financial Statements - continued

For The Year Ended 31st March 2025

8. | STOCKS

| 31.3.25 |  | 31.3.24

£ | £ |

| Stocks | 1,302,441 |  | 757,000 |  |

9. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade Debtors | 37,669 |  | 87,876 |  |

| Directors' current accounts | - |  | 263,405 |  |

| Tax | 914 |  | - |  |

| Prepayments | 18,251 |  | 16,554 |  |

56,834 |  | 367,835 |  |

10. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade Creditors | 178,992 |  | 381,955 |  |

| Corporation Tax Payable | 385,073 |  | 260,961 |  |

| Social security and other taxes | 27,934 |  | 23,091 |  |

| VAT | 20,868 |  | 47,594 |  |

| Accrued Expenses | 126,408 |  | 131,595 |  |

739,275 |  | 845,196 |  |

11. | PROVISIONS FOR LIABILITIES

| 31.3.25 |  | 31.3.24

£ | £ |

| Deferred Taxation | 7,989 |  | 6,586 |  |

| Deferred |

| tax |

£ |

| Balance at 1st April 2024 | 6,586 |  |

| Charge to Income Statement during year | 1,403 |  |

| Balance at 31st March 2025 | 7,989 |  |

12. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.3.25 |  | 31.3.24

| value: | £ | £ |

| 1,000 | Ordinary | 1 | 1,000 |  | 1,000 |  |

| 100 | Redeemable Preference | £1 | 100 |  | - |  |

1,100 |  | 1,000 |  |

| The following shares were issued during the year for cash at par :

| 100 Redeemable Preference shares of £1

| Wye Commercials Limited (Registered number: 03908555) |

Notes to the Financial Statements - continued

For The Year Ended 31st March 2025

13. | RESERVES

| Retained

| earnings

£ |

| At 1st April 2024 | 4,396,508 |  |

| Profit for the year | 1,155,981 |  |

| Dividends | (834,480 | ) |

| At 31st March 2025 | 4,718,009 |  |

14. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 31st March 2025 and 31st March 2024:

| 31.3.25 |  | 31.3.24

£ | £ |

| Julian Kirk Barnett

| Balance outstanding at start of year | 263,405 |  | - |  |

| Amounts advanced | - |  | 263,405 |  |

| Amounts repaid | (263,405 | ) | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | - |  | 263,405 |  |

15. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party is Julian Kirk Barnett.

| There is no ultimate controlling party.