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REGISTERED NUMBER: 15208998 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31 July 2025 |

| for |

| Oakwells Development Limited |

| Oakwells Development Limited (Registered number: 15208998) |

Contents of the Financial Statements

for the Year Ended 31 July 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Oakwells Development Limited |

Company Information

for the Year Ended 31 July 2025

| DIRECTOR: | A L Wells

| REGISTERED OFFICE: | Leofric House

| 18b Binley Road

| Coventry

| West Midlands

| CV3 1JN

| REGISTERED NUMBER: | 15208998 (England and Wales)

| ACCOUNTANTS: | Leigh Christou Ltd

| Chartered Certified Accountants

| Leofric House

| Binley Road

| Coventry

| CV3 1JN

| Oakwells Development Limited (Registered number: 15208998) |

Balance Sheet

31 July 2025

| 31.7.25 | 31.7.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 8,107 |  | 271 |  |

Investment property | 5 | 163,880 |  | 163,880 |  |

171,987 |  | 164,151 |  |

CURRENT ASSETS

Stocks | 344,104 |  | 329,377 |  |

Debtors | 6 | 367 |  | 1,612 |  |

Cash at bank | 2,837 |  | 249 |  |

347,308 |  | 331,238 |  |

CREDITORS

Amounts falling due within one year | 7 | 539,720 |  | 502,509 |  |

NET CURRENT LIABILITIES | (192,412 | ) | (171,271 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (20,425 | ) | (7,120 | ) |

PROVISIONS FOR LIABILITIES | 2,027 |  | 69 |  |

NET LIABILITIES | (22,452 | ) | (7,189 | ) |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | (22,552 | ) | (7,289 | ) |

(22,452 | ) | (7,189 | ) |

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

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

The director acknowledges his 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.

| Oakwells Development Limited (Registered number: 15208998) |

Balance Sheet - continued

31 July 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 Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 January 2026 and were signed by:

A L Wells - Director

| Oakwells Development Limited (Registered number: 15208998) |

Notes to the Financial Statements

for the Year Ended 31 July 2025

1. | STATUTORY INFORMATION

| Oakwells Development 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.

| 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.

| 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 | - | 15% on reducing balance

| Computer equipment | - | Straight line over 3 years

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| Stocks

| Work in progress is valued at the property purchase price plus all subsequent renovation costs.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of 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.

3. | EMPLOYEES AND DIRECTORS

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

| Oakwells Development Limited (Registered number: 15208998) |

Notes to the Financial Statements - continued

for the Year Ended 31 July 2025

4. | TANGIBLE FIXED ASSETS

| Plant and |  | Computer |

| machinery |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 August 2024 | - |  | 300 |  | 300 |  |

| Additions | 8,036 |  | - |  | 8,036 |  |

| At 31 July 2025 | 8,036 |  | 300 |  | 8,336 |  |

| DEPRECIATION

| At 1 August 2024 | - |  | 29 |  | 29 |  |

| Charge for year | 100 |  | 100 |  | 200 |  |

| At 31 July 2025 | 100 |  | 129 |  | 229 |  |

| NET BOOK VALUE

| At 31 July 2025 | 7,936 |  | 171 |  | 8,107 |  |

| At 31 July 2024 | - |  | 271 |  | 271 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 August 2024

| and 31 July 2025 | 163,880 |  |

| NET BOOK VALUE

| At 31 July 2025 | 163,880 |  |

| At 31 July 2024 | 163,880 |  |

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

| 31.7.25 |  | 31.7.24

£ | £ |

| Other debtors | 367 |  | 1,612 |  |

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

| 31.7.25 |  | 31.7.24

£ | £ |

| Trade creditors | - |  | 1,626 |  |

| Amounts owed to associates | 535,549 |  | 498,427 |  |

| Other creditors | 4,171 |  | 2,456 |  |

539,720 |  | 502,509 |  |

| Oakwells Development Limited (Registered number: 15208998) |

Notes to the Financial Statements - continued

for the Year Ended 31 July 2025

8. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the year ended 31 July 2025 and the period ended 31 July 2024:

| 31.7.25 |  | 31.7.24

£ | £ |

| A L Wells

| Balance outstanding at start of year | 658 |  | - |  |

| Amounts advanced | 8,283 |  | 2,603 |  |

| Amounts repaid | (8,941 | ) | (1,945 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | - |  | 658 |  |

9. | RELATED PARTY DISCLOSURES

| Included within amounts "Due to associates" is an amount of £535,549 (2024: £498,427) owed to ALW Groundworks & Civils Ltd, a company under common control. This outstanding amount is subject to an interest charge, is unsecured and has no set term for repayment.

10. | POST BALANCE SHEET EVENTS

| On the 18th September 2025, following the receipt of formal clearance from HM Revenue & Customs, Oakwells Groundworks and Civils Limited became a wholly owned subsidiary of ALW Oakwells Holdings Limited, as a result of a share for share exchange.

11. | ULTIMATE CONTROLLING PARTY

| At the reporting date the ultimate controlling party is A L Wells by virtue of his shareholding.