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REGISTERED NUMBER: 14336064 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31ST MARCH 2025 |

| FOR |

| HAV SOTC LTD |

HAV SOTC LTD (REGISTERED NUMBER: 14336064)

CONTENTS OF THE FINANCIAL STATEMENTS

for the Year Ended 31ST MARCH 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

HAV SOTC LTD

COMPANY INFORMATION

for the Year Ended 31ST MARCH 2025

| DIRECTORS: | A C Nelhams

| C D Nelhams

| B W B White-Spunner

| REGISTERED OFFICE: | 13-17 Hursley Road

| Chandler's Ford

| Eastleigh

| Hampshire

| SO53 2FW

| REGISTERED NUMBER: | 14336064 (England and Wales)

HAV SOTC LTD (REGISTERED NUMBER: 14336064)

BALANCE SHEET

31ST MARCH 2025

| 31.3.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 212,124 |  | 244,274 |  |

CURRENT ASSETS

Debtors | 5 | 1,680 |  | 3,120 |  |

Cash at bank and in hand | 53,602 |  | 26,966 |  |

55,282 |  | 30,086 |  |

CREDITORS

Amounts falling due within one year | 6 | 187,870 |  | 201,702 |  |

NET CURRENT LIABILITIES | (132,588 | ) | (171,616 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 79,536 |  | 72,658 |  |

CREDITORS

Amounts falling due after more than one year | 7 | 200,000 |  | 200,000 |  |

NET LIABILITIES | (120,464 | ) | (127,342 | ) |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | (120,564 | ) | (127,442 | ) |

(120,464 | ) | (127,342 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3rd November 2025 and were signed on its behalf by:

C D Nelhams - Director | A C Nelhams - Director

B W B White-Spunner - Director

HAV SOTC LTD (REGISTERED NUMBER: 14336064)

NOTES TO THE FINANCIAL STATEMENTS

for the Year Ended 31ST MARCH 2025

1. | STATUTORY INFORMATION

| HAV SOTC Ltd 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| Going Concern

| The directors considers that, notwithstanding the company's negative net assets position, it is appropriate to prepare the accounts on a going concern basis as the company will be able to continue to meet its liabilities as they fall due, due to the continuing support of the directors.

| 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 etc | - | 10% on cost

| 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.

| Research and development

| Expenditure on research and development is written off in the year in which it is incurred.

| Foreign currencies

| 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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 3 (2024 - 3 ) .

HAV SOTC LTD (REGISTERED NUMBER: 14336064)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31ST MARCH 2025

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1st April 2024 | 275,609 |  |

| Disposals | (5,694 | ) |

| At 31st March 2025 | 269,915 |  |

| DEPRECIATION

| At 1st April 2024 | 31,335 |  |

| Charge for year | 27,561 |  |

| Eliminated on disposal | (1,105 | ) |

| At 31st March 2025 | 57,791 |  |

| NET BOOK VALUE

| At 31st March 2025 | 212,124 |  |

| At 31st March 2024 | 244,274 |  |

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

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade debtors | 1,680 |  | 2,520 |  |

| Other debtors | - |  | 600 |  |

1,680 |  | 3,120 |  |

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

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade creditors | 1,888 |  | 605 |  |

| Amounts owed to group undertakings | 177,600 |  | 177,600 |  |

| Taxation and social security | 7,183 |  | 1,463 |  |

| Other creditors | 1,199 |  | 22,034 |  |

187,870 |  | 201,702 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Amounts owed to group undertakings | 100,000 |  | 100,000 |  |

| Amounts owed to associates | 100,000 |  | 100,000 |  |

200,000 |  | 200,000 |  |

8. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

| 31.3.25 |  | 31.3.24

£ | £ |

| Within one year | 10,000 |  | 10,000 |  |

| Between one and five years | 32,500 |  | 42,500 |  |

42,500 |  | 52,500 |  |

HAV SOTC LTD (REGISTERED NUMBER: 14336064)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31ST MARCH 2025

9. | ULTIMATE CONTROLLING PARTY

| The controlling party is HAV Group Limited.

| The ultimate controlling party is the director C Nelhams who have the majority shareholding in the ultimate parent company HAV Group Limited, a company incorporated in England and Wales.