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REGISTERED NUMBER: 13337632 (England and Wales)

| OGMORE VALLEY STORE LTD |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 30 APRIL 2025 |

OGMORE VALLEY STORE LTD (REGISTERED NUMBER: 13337632)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

OGMORE VALLEY STORE LTD

COMPANY INFORMATION

FOR THE YEAR ENDED 30 APRIL 2025

| DIRECTORS: | S Grewal

| Mrs K Grewal

| REGISTERED OFFICE: | 1 Blandy Terrace

| Ogmore Vale

| Bridgend

| Mid Glam

| CF32 7DY

| REGISTERED NUMBER: | 13337632 (England and Wales)

OGMORE VALLEY STORE LTD (REGISTERED NUMBER: 13337632)

BALANCE SHEET

30 APRIL 2025

| 30.4.25 | 30.4.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 65,625 |  | 76,125 |  |

Tangible assets | 5 | 63,208 |  | 80,683 |  |

128,833 |  | 156,808 |  |

CURRENT ASSETS

Stocks | 6 | 59,553 |  | 47,950 |  |

Debtors | 7 | 1,485 |  | 16,874 |  |

Cash at bank and in hand | 110,233 |  | 118,661 |  |

171,271 |  | 183,485 |  |

CREDITORS

Amounts falling due within one year | 8 | 104,410 |  | 206,395 |  |

NET CURRENT ASSETS/(LIABILITIES) | 66,861 |  | (22,910 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 195,694 |  | 133,898 |  |

PROVISIONS FOR LIABILITIES | 11 | 15,802 |  | 17,180 |  |

NET ASSETS | 179,892 |  | 116,718 |  |

CAPITAL AND RESERVES

Called up share capital | 12 | 100 |  | 100 |  |

Retained earnings | 179,792 |  | 116,618 |  |

SHAREHOLDERS' FUNDS | 179,892 |  | 116,718 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

OGMORE VALLEY STORE LTD (REGISTERED NUMBER: 13337632)

BALANCE SHEET - continued

30 APRIL 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 January 2026 and were signed on its behalf by:

S Grewal - Director

OGMORE VALLEY STORE LTD (REGISTERED NUMBER: 13337632)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

1. | STATUTORY INFORMATION

| Ogmore Valley Store 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 financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future. In making their assessment, the directors have reviewed the balance sheet, the likely future cashflows of the business and has considered the facilities that are available to the company along with their continued support.

| At the date of approving the financial statements the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and that the going concern basis of accounting remains appropriate. The directors continue to adopt the going concern basis of accounting in preparing the financial statements.

| Significant judgements and estimates

| In the application of the company's accounting policies, which are described in note 2, management is required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

| The estimates and underlying assumptions are reviewed on a ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

OGMORE VALLEY STORE LTD (REGISTERED NUMBER: 13337632)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 APRIL 2025

2. | ACCOUNTING POLICIES - continued

| Turnover

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

| Turnover represents the value of goods sold excluding value added tax and is recognised in the financial statements when cash has been received or is receivable.

| Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates value added tax and other sales taxes.

| Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

| - The company has transferred the significant risks and rewards of owner to the buyer;

| - The company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

| - the amount of revenue can be measured reliably;

| - it is probable that the company will receive the consideration due under the transaction; and

| - the costs incurred or to be incurred in respect of the transaction can be measured reliably.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of ten years.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Tangible fixed assets

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

| Fixtures and fittings | - | 15% on cost

| Motor vehicles | - | 25% on cost

| Computer equipment | - | 25% on cost

| 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.

OGMORE VALLEY STORE LTD (REGISTERED NUMBER: 13337632)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 APRIL 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| Employee benefits

| The costs of short-term employee benefit are recognised as a liability and an expense, unless those costs are required to be recognised as part of stock or fixed assets.

| The cost of any unused holiday entitlement is recognised in the period in which the employee's

| services are received.

| Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

| Impairment

| Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the assets cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

OGMORE VALLEY STORE LTD (REGISTERED NUMBER: 13337632)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 APRIL 2025

2. | ACCOUNTING POLICIES - continued

| Cash and cash equivalents

| Cash and cash equivalents are basic financial instruments and include cash in hand and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

| Financial instruments

| The company has elected to apply the provisions of Section 11 "Basic Financial Instruments".

| Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

| Basic financial assets

| Basic financial assets, which include trade and other debtors, loans to related companies and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the financial asset is measured at the present value of the future receipts discounted at a market rate of interest.

| Basic financial liabilities

| Basic financial liabilities, including trade and other creditors, loans to related companies and bank loans are initially recognised at transaction price unless the arrangement constitutes a financial transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 11 (2024 - 14 ) .

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 May 2024

| and 30 April 2025 | 105,000 |  |

| AMORTISATION

| At 1 May 2024 | 28,875 |  |

| Amortisation for year | 10,500 |  |

| At 30 April 2025 | 39,375 |  |

| NET BOOK VALUE

| At 30 April 2025 | 65,625 |  |

| At 30 April 2024 | 76,125 |  |

OGMORE VALLEY STORE LTD (REGISTERED NUMBER: 13337632)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 APRIL 2025

5. | TANGIBLE FIXED ASSETS

| Improvements |  | Fixtures |

| to |  | and |  | Motor |  | Computer |

| property |  | fittings |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 May 2024 | 12,000 |  | 105,985 |  | 3,615 |  | 4,339 |  | 125,939 |  |

| Additions | - |  | 2,090 |  | - |  | - |  | 2,090 |  |

| Disposals | - |  | - |  | (3,615 | ) | (4,339 | ) | (7,954 | ) |

| At 30 April 2025 | 12,000 |  | 108,075 |  | - |  | - |  | 120,075 |  |

| DEPRECIATION

| At 1 May 2024 | - |  | 40,656 |  | 2,090 |  | 2,510 |  | 45,256 |  |

| Charge for year | - |  | 16,211 |  | - |  | 545 |  | 16,756 |  |

| Eliminated on disposal | - |  | - |  | (2,090 | ) | (3,055 | ) | (5,145 | ) |

| At 30 April 2025 | - |  | 56,867 |  | - |  | - |  | 56,867 |  |

| NET BOOK VALUE

| At 30 April 2025 | 12,000 |  | 51,208 |  | - |  | - |  | 63,208 |  |

| At 30 April 2024 | 12,000 |  | 65,329 |  | 1,525 |  | 1,829 |  | 80,683 |  |

6. | STOCKS

| 30.4.25 |  | 30.4.24

£ | £ |

| Stocks | 59,553 |  | 47,950 |  |

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

| 30.4.25 |  | 30.4.24

£ | £ |

| Trade debtors | - |  | 16,874 |  |

| Other debtors | 1,485 |  | - |  |

1,485 |  | 16,874 |  |

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

| 30.4.25 |  | 30.4.24

£ | £ |

| Trade creditors | 13,239 |  | 25,361 |  |

| Taxation and social security | 73,376 |  | 46,147 |  |

| Other creditors | 17,795 |  | 134,887 |  |

104,410 |  | 206,395 |  |

OGMORE VALLEY STORE LTD (REGISTERED NUMBER: 13337632)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 APRIL 2025

9. | LEASING AGREEMENTS

| At 30 April 2025, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £41,250 - (2024 - £116,250).

10. | SECURED DEBTS

| Atom Bank PLC hold a fixed and floating charge over all property and undertaking of the company.

| The company has provided a cross-company guarantee to Atom Bank plc in respect of the banking facilities of SK Grewal Limited, its parent company.

| The guarantee covers all amounts owed by SK Grewal Limited under its loan and banking arrangements with Atom Bank plc.

| At the balance sheet date, SK Grewal Limited's outstanding loan balance subject to this guarantee was £384,832.

11. | PROVISIONS FOR LIABILITIES

| 30.4.25 |  | 30.4.24

£ | £ |

| Deferred tax | 15,802 |  | 17,180 |  |

| Deferred |

| tax |

£ |

| Balance at 1 May 2024 | 17,180 |  |

| Provided during year | (1,378 | ) |

| Balance at 30 April 2025 | 15,802 |  |

12. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 30.4.25 |  | 30.4.24

| value: | £ | £ |

| 75 | Ordinary A | £1 | 75 |  | 75 |  |

| 25 | Ordinary B | £1 | 25 |  | 25 |  |

100 |  | 100 |  |

13. | RELATED PARTY DISCLOSURES

| During the year, SK Grewal Limited acquired 100% of the share capital of the company on 11 November.