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REGISTERED NUMBER: 07167572 (England and Wales)

| REPORT OF THE DIRECTORS AND |

| FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 MARCH 2025 |

| FOR |

| WHEELCHAIR CARS LIMITED |

WHEELCHAIR CARS LIMITED (REGISTERED NUMBER: 07167572)

CONTENTS OF THE FINANCIAL STATEMENTS

for the Year Ended 31 March 2025

| Page |

Company Information | 1 |

Report of the Directors | 2 |

Balance Sheet | 3 |  | to |  | 4

Notes to the Financial Statements | 5 |  | to |  | 8

WHEELCHAIR CARS LIMITED

COMPANY INFORMATION

for the Year Ended 31 March 2025

| DIRECTORS: | Mr P Mundy

| Ms J Quinn

| SECRETARY: | Ms J Quinn

| REGISTERED OFFICE: | Britannic House

| 657 Liverpool Road

| Irlam

| Manchester

| M44 5XD

| BUSINESS ADDRESS: | Jack Lemmon Garden Sheds

| Richmond Works

| Legh Street

| Eccles

| Greater Manchester

| M30 0UT

| REGISTERED NUMBER: | 07167572 (England and Wales)

| ACCOUNTANTS: | Cadishead Accountancy Services Limited

| Britannic House

| 657 Liverpool Road

| Irlam

| Manchester

| Lancashire

| M44 5XD

WHEELCHAIR CARS LIMITED (REGISTERED NUMBER: 07167572)

REPORT OF THE DIRECTORS

for the Year Ended 31 March 2025

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

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of sale and lease of disability adapted vehicles.

DIRECTORS

The directors set out in the table below have held office during the whole of the period from 1 April 2024 to the date of this report.

The directors shown below were in office at 31 March 2025 but did not hold any interest in the Ordinary shares of £1.00 each at 1 April 2024 or 31 March 2025.

Mr P Mundy

Ms J Quinn

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Mr P Mundy - Director

14 November 2025

WHEELCHAIR CARS LIMITED (REGISTERED NUMBER: 07167572)

BALANCE SHEET

31 March 2025

| 31.3.25 |  | 31.3.24

| Notes | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 252,095 |  | 379,222 |  |

Property, plant and equipment | 5 | 117,897 |  | 60,787 |  |

369,992 |  | 440,009 |  |

CURRENT ASSETS

Inventories | 703,952 |  | 647,057 |  |

Debtors | 6 | 47,535 |  | 27,575 |  |

Cash at bank and in hand | 139,744 |  | 319,926 |  |

891,231 |  | 994,558 |  |

CREDITORS

Amounts falling due within one year | 7 | (306,384 | ) | (240,894 | ) |

NET CURRENT ASSETS | 584,847 |  | 753,664 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 954,839 |  | 1,193,673 |  |

PROVISIONS FOR LIABILITIES | (46,640 | ) | (64,511 | ) |

NET ASSETS | 908,199 |  | 1,129,162 |  |

CAPITAL AND RESERVES

Called up share capital | 2 |  | 2 |  |

Fair value reserve | 9 | 68,092 |  | 162,268 |  |

Retained earnings | 840,105 |  | 966,892 |  |

SHAREHOLDERS' FUNDS | 908,199 |  | 1,129,162 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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.

WHEELCHAIR CARS LIMITED (REGISTERED NUMBER: 07167572)

BALANCE SHEET - continued

31 March 2025

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 November 2025 and were signed on its behalf by:

Mr P Mundy - Director

WHEELCHAIR CARS LIMITED (REGISTERED NUMBER: 07167572)

NOTES TO THE FINANCIAL STATEMENTS

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| Wheelchair Cars 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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

| Turnover

| Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Intangible assets

| Included in intangible assets is a cryptocurrency holding. The currency has an active market and is recorded at the market value at the end of the financial period.

| Tangible fixed assets

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

| Short leasehold | - | 25% on cost

| Plant and machinery | - | 25% on reducing balance

| Fixtures and fittings | - | 25% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | 25% on cost

| Stocks

| Inventories 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 Statement of Income and Retained Earnings, 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.

WHEELCHAIR CARS LIMITED (REGISTERED NUMBER: 07167572)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 March 2025

2. | ACCOUNTING POLICIES - continued

| 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.

3. | EMPLOYEES AND DIRECTORS

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

4. | INTANGIBLE FIXED ASSETS

| Intangible

| asset

£ |

| COST OR VALUATION

| At 1 April 2024 | 379,222 |  |

| Additions | 57,206 |  |

| Disposals | (123,305 | ) |

| Revaluations | (61,028 | ) |

| At 31 March 2025 | 252,095 |  |

| NET BOOK VALUE

| At 31 March 2025 | 252,095 |  |

| At 31 March 2024 | 379,222 |  |

| Cost or valuation at 31 March 2025 is represented by:

| Intangible

| asset

£ |

| Valuation in 2023 | 14,446 |  |

| Valuation in 2024 | 201,911 |  |

| Valuation in 2025 | (125,568 | ) |

| Cost | 161,306 |  |

252,095 |  |

WHEELCHAIR CARS LIMITED (REGISTERED NUMBER: 07167572)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 March 2025

5. | PROPERTY, PLANT AND EQUIPMENT

| Fixtures

| Short |  | Plant and |  | and

| leasehold |  | machinery |  | fittings

£ | £ | £ |

| COST

| At 1 April 2024 | 13,127 |  | 9,946 |  | 3,913 |  |

| Additions | 95,713 |  | 1,218 |  | - |  |

| Disposals | - |  | (9,946 | ) | (3,913 | ) |

| At 31 March 2025 | 108,840 |  | 1,218 |  | - |  |

| DEPRECIATION

| At 1 April 2024 | 12,112 |  | 9,928 |  | 3,907 |  |

| Charge for year | 24,434 |  | 304 |  | - |  |

| Eliminated on disposal | - |  | (9,928 | ) | (3,907 | ) |

| At 31 March 2025 | 36,546 |  | 304 |  | - |  |

| NET BOOK VALUE

| At 31 March 2025 | 72,294 |  | 914 |  | - |  |

| At 31 March 2024 | 1,015 |  | 18 |  | 6 |  |

| Motor |  | Computer |

| vehicles |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 April 2024 | 78,793 |  | 4,686 |  | 110,465 |  |

| Additions | - |  | - |  | 96,931 |  |

| Disposals | - |  | (3,572 | ) | (17,431 | ) |

| At 31 March 2025 | 78,793 |  | 1,114 |  | 189,965 |  |

| DEPRECIATION

| At 1 April 2024 | 19,699 |  | 4,032 |  | 49,678 |  |

| Charge for year | 14,773 |  | 279 |  | 39,790 |  |

| Eliminated on disposal | - |  | (3,565 | ) | (17,400 | ) |

| At 31 March 2025 | 34,472 |  | 746 |  | 72,068 |  |

| NET BOOK VALUE

| At 31 March 2025 | 44,321 |  | 368 |  | 117,897 |  |

| At 31 March 2024 | 59,094 |  | 654 |  | 60,787 |  |

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

| 31.3.25 |  | 31.3.24

£ | £ |

| Other debtors | 47,535 |  | 27,575 |  |

WHEELCHAIR CARS LIMITED (REGISTERED NUMBER: 07167572)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 March 2025

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

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade creditors | 711 |  | 2,201 |  |

| Amounts owed to group undertakings | 242,500 |  | 195,000 |  |

| Taxation and social security | 55,614 |  | 26,311 |  |

| Other creditors | 7,559 |  | 17,382 |  |

306,384 |  | 240,894 |  |

8. | LEASING AGREEMENTS

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

| 31.3.25 |  | 31.3.24

£ | £ |

| Within one year | 26,000 |  | 26,000 |  |

9. | RESERVES

| Fair

| value

| reserve

£ |

| At 1 April 2024 | 162,268 |  |

| Unlisted asset revaluation | (94,176 | ) |

| At 31 March 2025 | 68,092 |  |

10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

| 31.3.25 |  | 31.3.24

£ | £ |

| Mr P Mundy

| Balance outstanding at start of year | 9,952 |  | - |  |

| Amounts advanced | - |  | 41,452 |  |

| Amounts repaid | (129 | ) | (31,500 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 9,823 |  | 9,952 |  |

| Ms J Quinn

| Balance outstanding at start of year | 9,952 |  | - |  |

| Amounts advanced | - |  | 41,452 |  |

| Amounts repaid | (129 | ) | (31,500 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 9,823 |  | 9,952 |  |

11. | ULTIMATE CONTROLLING PARTY

| The company was under the control of PM and JQ Holdings Ltd