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REGISTERED NUMBER: 09059061 (England and Wales)

| FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 MAY 2025 |

| FOR |

| GARR TOOL - UK LIMITED |

GARR TOOL - UK LIMITED (REGISTERED NUMBER: 09059061)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

| Page |

Company Information | 1 |

Statement of Financial Position | 2 |

Notes to the Financial Statements | 3 |  | to |  | 6

GARR TOOL - UK LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MAY 2025

| DIRECTORS: | Mr John Charles Leppien

| Mr John Charles Leppien II

| Mr Jeffrey Christopher Leppien

| REGISTERED OFFICE: | First Floor North

| 40 Oxford Road

| High Wycombe

| Buckinghamshire

| HP11 2EE

| REGISTERED NUMBER: | 09059061 (England and Wales)

| AUDITORS: | Seymour Taylor Limited, Statutory Auditor

| First Floor North

| 40 Oxford Road

| High Wycombe

| Buckinghamshire

| HP11 2EE

GARR TOOL - UK LIMITED (REGISTERED NUMBER: 09059061)

STATEMENT OF FINANCIAL POSITION

31 MAY 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 4,590 |  | 6,120 |  |

CURRENT ASSETS

Debtors | 5 | 95,556 |  | 72,792 |  |

Investments | 6 | 5,000,000 |  | 3,000,000 |  |

Cash at bank | 282,708 |  | 197,189 |  |

5,378,264 |  | 3,269,981 |  |

CREDITORS

Amounts falling due within one year | 7 | 5,034,475 |  | 3,072,232 |  |

NET CURRENT ASSETS | 343,789 |  | 197,749 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 348,379 |  | 203,869 |  |

PROVISIONS FOR LIABILITIES | 9 | 1,148 |  | 1,530 |  |

NET ASSETS | 347,231 |  | 202,339 |  |

CAPITAL AND RESERVES

Called up share capital | 10 | 1 |  | 1 |  |

Retained earnings | 347,230 |  | 202,338 |  |

SHAREHOLDERS' FUNDS | 347,231 |  | 202,339 |  |

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 1 December 2025 and were signed on its behalf by:

Mr Jeffrey Christopher Leppien - Director

GARR TOOL - UK LIMITED (REGISTERED NUMBER: 09059061)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

1. | STATUTORY INFORMATION

| Garr Tool - UK Limited is a private company limited by shares and incorporated in England and Wales. The address of the company's registered office is First Floor North, 40 Oxford Road, High Wycombe, Buckinghamshire, HP11 2EE. The principal place of business is Unit 4, Genoa Way, High Wycombe, HP11 1NY. The registered number is 09059061.

| The presentation currency of these financial statements is Sterling (£), being the currency of the primary economic market in which the entity operates (its functional currency). All amounts in these financial statements have been rounded to the nearest pound unless stated otherwise.

| The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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.

| The directors have assessed expected future cashflows, giving due consideration to all relevant factors affecting the company. The directors have considered the potential impact on the company as well as its capital resources and believe that the company has adequate resources in place to continue in operation for at least twelve months from the date of approval of the financial statements. Consequently, the company continues to adopt the going concern basis in preparing these financial statements.

| Turnover

| Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT.

| The company receives service fees under the terms of an intra-group service agreement with its immediate parent undertaking. The service fees are determined by the aggregate amount of costs which the company incurs in providing the services. The service fees are recognised as the service is provided to the immediate parent undertaking.

| Interest receivable

| Interest receivable represents the amount of interest income accruing during the year.

| Tangible fixed assets

| Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

| Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

| Fixtures and fittings - reducing balance - 25%

| At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss.

GARR TOOL - UK LIMITED (REGISTERED NUMBER: 09059061)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MAY 2025

2. | ACCOUNTING POLICIES - continued

| Financial instruments

| The company has applied the provisions of Section 11 "Basic Financial Instruments" and Section 12 "Other Financial Instrument Issues" of FRS 102 to its financial statements.

| Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

| 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 statement of financial position date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

| 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.

| Investments

| Investments are initially recognised at fair value which is usually the transaction price (excluding any transaction costs). Subsequently, the investments are measured at fair value through profit or loss except for those shares which cannot be publicly traded or where fair value cannot be reliably measured.

| If reliable measurement of fair value cannot be obtained or this measure is no longer available, the investment's cost is deemed to be the fair value at the last point to which a reliable measurement was obtained. These instruments are recognised at cost less impairment until a reliable measure of fair value becomes available.

| Lease commitments

| The liability for the operating lease commitments is held as a current liability for the amount due within one year, and a non-current liability for the amount due between one and five years.

| Employee benefits

| The costs of short-term employee benefits are recognised as a liability and an expense.

GARR TOOL - UK LIMITED (REGISTERED NUMBER: 09059061)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MAY 2025

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 6 (2024 - 6 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures

| and

| fittings

£ |

| COST

| At 1 June 2024

| and 31 May 2025 | 85,473 |  |

| DEPRECIATION

| At 1 June 2024 | 79,353 |  |

| Charge for year | 1,530 |  |

| At 31 May 2025 | 80,883 |  |

| NET BOOK VALUE

| At 31 May 2025 | 4,590 |  |

| At 31 May 2024 | 6,120 |  |

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

2025 | 2024 |

£ | £ |

| Other debtors | 95,556 |  | 72,792 |  |

6. | CURRENT ASSET INVESTMENTS

2025 | 2024 |

£ | £ |

| Fixed term deposit account | 5,000,000 |  | 3,000,000 |  |

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

2025 | 2024 |

£ | £ |

| Trade creditors | 16,440 |  | 16,581 |  |

| Amounts owed to group undertakings | 4,953,609 |  | 3,019,676 |  |

| Taxation and social security | 52,662 |  | 25,162 |  |

| Other creditors | 11,764 |  | 10,813 |  |

5,034,475 |  | 3,072,232 |  |

8. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases which are not included in the balance sheet amount to £19,815 (2024 - £59,055).

9. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

£ | £ |

| Deferred tax | 1,148 |  | 1,530 |  |

GARR TOOL - UK LIMITED (REGISTERED NUMBER: 09059061)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MAY 2025

9. | PROVISIONS FOR LIABILITIES - continued

| Deferred |

| tax |

£ |

| Balance at 1 June 2024 | 1,530 |  |

| Provided during year | (382 | ) |

| Balance at 31 May 2025 | 1,148 |  |

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 1 | Ordinary share capital | £1 | 1 |  | 1 |  |

11. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

| The Report of the Auditors was unqualified.

| Elizabeth Horton FCA FCCA (Senior Statutory Auditor)

| for and on behalf of Seymour Taylor Limited, Statutory Auditor

12. | POST BALANCE SHEET EVENTS

| On 24 November 2025, the company entered a five year lease for warehouse premises, with a three year break clause. The total rent commitment for the initial period is £127,408.

13. | ULTIMATE CONTROLLING PARTY

| Garr Tool Company, a company incorporated in USA is the ultimate parent company and ultimate controlling party. Its registered office address is 7800 North Alger Road Alma, MI 48801 USA.