The directors present their annual report and financial statements for the year ended 31 March 2025.

The principal activity of the Company during the period under review was that of a dormant company.

The results for the year are set out on page 2.

The directors who held office during the year and up to the date of signature of the financial statements were as follows:

The directors have at the time of approving the financial statements, a reasonable expectation that the company has adequate resources to continue in dormant existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements. This expectation arises due to the financial support available from its parent CNG Fuels Ltd, should the need for support arise when the Company commences operations.

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

CNG Croc Dundee Limited is a private company limited by shares incorporated in England and Wales. The registered office is 1010 Eskdale Road, Winnersh Triangle, Wokingham, Berkshire, RG41 5TS. The Company's principal activities and nature of its operations are disclosed in the directors' report.

The financial statements have been prepared in accordance with International Financial Reporting Standards (IFRS) as adopted for use in the United Kingdom and with those parts of the Companies Act 2006 applicable to companies reporting under IFRS, except as otherwise stated.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The directors have at the time of approving the financial statements, a reasonable expectation that the companytrue has adequate resources to continue in dormant existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements. This expectation arises due to the financial support available from its parent CNG Fuels Ltd, should the need for support arise when the Company commences operations.

The company recognises financial debt when the company becomes a party to the contractual provisions of the instruments. Financial liabilities are classified as either 'financial liabilities at fair value through profit or loss' or 'other financial liabilities'.

Other financial liabilities, including amounts owed to parent undertaking, are initially measured at fair value net of transaction costs directly attributable to the issuance of the financial liability. They are subsequently measured at amortised cost using the effective interest method. For the purposes of each financial liability, interest expense includes initial transaction costs and any premium payable on redemption, as well as any interest or coupon payable while the liability is outstanding.

Financial liabilities are derecognised when, and only when, the company’s obligations are discharged, cancelled, or they expire.

Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

In the current year, the following new and revised standards, amendments and interpretations have been adopted by the Company. The impact of the adoption of these standards and amendments has not had any effect on the current or prior year, and is not anticipated to have a material effect on future periods:

• Amendments to IAS 1 Presentation of Financial Statements: Non-current Liabilities with Covenants,

Deferral of Effective Date Amendment (published 15 July 2020) and Classification of Liabilities as Current or Non-Current (Amendments to IAS 1) (published 23 January 2020).

• Lease Liability in a Sale and Leaseback (Amendment to IFRS 16)

• Supplier Finance Arrangements (Amendments to IAS 7 and IFRS 7)

At the date of authorisation of these financial statements, the following Standards and Interpretations, which have not yet been applied in these financial statements, were in issue but not yet effective (and in some cases had not yet been adopted by the UK):

• Lack of Exchangeability (Amendments to IAS 21)

• Annual Improvements to IFRS Accounting Standards — Volume 11

• Amendments to IFRS 9 and IFRS 7 — Amendments to the Classification and Measurement of Financial Instruments

• Contracts Referencing Nature-dependent Electricity (Amendments to IFRS 9 and IFRS 7)

• IFRS 18 Presentation and Disclosure in Financial Statements

• IFRS 19 Subsidiaries without Public Accountability: Disclosures

The directors anticipate that the adoption of these standards, amendments and interpretations in future periods will not have a material impact on the financial statements of the Company.

The average monthly number of persons (including directors) employed by the company during the year was:

The directors are the only employees of the Company and received emoluments of £Nil (2024: £Nil) for their services to the Company.

The following table details the remaining contractual maturity for the company's financial liabilities with agreed repayment periods. The contractual maturity is based on the earliest date on which the company may be required to pay.

Responsibility for liquidity risk management rests with the board of directors, which has established an appropriate liquidity risk management framework for the management of the company's funding and liquidity management requirements. The company manages liquidity risk by maintaining adequate reserves, banking facilities and reserve borrowing facilities, by continuously monitoring forecast and actual cash flows, and by matching the maturity profiles of financial assets and liabilities.

Amounts owed to parent undertaking consist of intercompany loans, which are unsecured, bear no interest and are repayable on demand.

The Ordinary shares carry full rights as regards to voting, payment of dividends and distributions.

The Company is not subject to any externally imposed capital requirements.

At the reporting date, the immediate parent company was CNG Fuels Ltd, whose registered office is 1010 Eskdale Road, Winnersh Triangle, Wokingham, Berkshire, RG41 5TS. CNG Fuels Ltd is the smallest group into which the Company is consolidated and the group financial statements are available from its registered office. The ultimate parent company was Refuels N.V., a company incorporated in the Netherlands. Its registered office is Evert van de Beekstraat 1-104, The Base B 1118CL Amsterdam. Refuels N.V. is the largest parent company to consolidate the results of the Company. Refuels N.V. is owned by a number of shareholders and individually no shareholder can exert control.

On 11 April 2025, the wider Refuels N.V. group undertook a reorganisation. Following the transaction, the ultimate parent company is now Averon Park Limited and its registered office is C/O Foresight Group LLP, The Shard, 32 London Bridge Street, London, United Kingdom, SE1 9SG. Averon Park Limited is owned by a number of shareholders and individually no shareholder can exert control.

The Company did not operate a bank account during the current year or prior period.