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REGISTERED NUMBER: 00694132 (England and Wales)

| OIL INVENTIONS LIMITED |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 MAY 2025 |

| OIL INVENTIONS LIMITED (REGISTERED NUMBER: 00694132) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

Page |

| Balance Sheet | 1 |

| Notes to the Financial Statements | 3 |

| OIL INVENTIONS LIMITED (REGISTERED NUMBER: 00694132) |

BALANCE SHEET

31 MAY 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 24,170 |  | 70,447 |  |

CURRENT ASSETS

Stocks | 166,679 |  | 169,849 |  |

Debtors | 5 | 997,435 |  | 973,213 |  |

Cash at bank and in hand | 14,622 |  | 30,490 |  |

1,178,736 |  | 1,173,552 |  |

CREDITORS

Amounts falling due within one year | 6 | 301,393 |  | 257,757 |  |

NET CURRENT ASSETS | 877,343 |  | 915,795 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 901,513 |  | 986,242 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (556 | ) | (55,697 | ) |

PROVISIONS FOR LIABILITIES | - |  | (1,754 | ) |

NET ASSETS | 900,957 |  | 928,791 |  |

CAPITAL AND RESERVES

Called up share capital | 10 | 100,000 |  | 100,000 |  |

Retained earnings | 800,957 |  | 828,791 |  |

SHAREHOLDERS' FUNDS | 900,957 |  | 928,791 |  |

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

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

| OIL INVENTIONS LIMITED (REGISTERED NUMBER: 00694132) |

BALANCE SHEET - continued

31 MAY 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 1 October 2025 and were signed on its behalf by:

Mr C J Westley - Director

| OIL INVENTIONS LIMITED (REGISTERED NUMBER: 00694132) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

1. | STATUTORY INFORMATION

| Oil Inventions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

| Registered number: | 00694132

| Registered office: | Leamore Close

| Leamore Enterprise Park

| Walsall

| West Midlands

| WS2 7NJ

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.

| These 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 £.

| Turnover

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

| 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 | - | 10% on straight line

| Fixtures and fittings | - | 10% on straight line

| Motor vehicles | - | 25% on reducing balance

| 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 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.

| OIL INVENTIONS LIMITED (REGISTERED NUMBER: 00694132) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MAY 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| Invoice discounting facility

| The company uses an invoice discounting facility to finance it's working capital requirements. The company retains the risks and rewards associated with trade receivables and accordingly such receivables are shown as Trade Debtors and the amounts due to the invoice discounting company included in other creditors.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 7 (2024 - 7 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 June 2024 | 496,459 |  |

| Disposals | (71,020 | ) |

| At 31 May 2025 | 425,439 |  |

| DEPRECIATION

| At 1 June 2024 | 426,012 |  |

| Charge for year | 13,830 |  |

| Eliminated on disposal | (38,573 | ) |

| At 31 May 2025 | 401,269 |  |

| NET BOOK VALUE

| At 31 May 2025 | 24,170 |  |

| At 31 May 2024 | 70,447 |  |

5. | DEBTORS

2025 | 2024 |

£ | £ |

| Amounts falling due within one year:

| Trade debtors | 258,300 |  | 238,120 |  |

| Other debtors | 28,351 |  | 24,309 |  |

286,651 |  | 262,429 |  |

| Amounts falling due after more than one year:

| Amounts owed by group undertakings | 710,784 |  | 710,784 |  |

| Aggregate amounts | 997,435 |  | 973,213 |  |

| OIL INVENTIONS LIMITED (REGISTERED NUMBER: 00694132) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MAY 2025

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

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 10,510 |  | 10,255 |  |

| Hire purchase contracts (see note 8) | 6,667 |  | 10,224 |  |

| Trade creditors | 149,633 |  | 142,185 |  |

| Taxation and social security | 42,815 |  | 36,933 |  |

| Other creditors | 91,768 |  | 58,160 |  |

301,393 |  | 257,757 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans | - |  | 10,510 |  |

| Hire purchase contracts (see note 8) | 556 |  | 45,187 |  |

556 |  | 55,697 |  |

8. | LEASING AGREEMENTS

| Minimum lease payments fall due as follows:

| Hire purchase |

| contracts |

2025 | 2024 |

£ | £ |

| Net obligations repayable:

| Within one year | 6,667 |  | 10,224 |  |

| Between one and five years | 556 |  | 45,187 |  |

7,223 |  | 55,411 |  |

| Non-cancellable |

| operating leases |

2025 | 2024 |

£ | £ |

| Within one year | 23,089 |  | 10,367 |  |

| Between one and five years | 54,105 |  | 21,026 |  |

77,194 |  | 31,393 |  |

| OIL INVENTIONS LIMITED (REGISTERED NUMBER: 00694132) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MAY 2025

9. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Hire purchase contracts | 7,223 |  | 55,411 |  |

| Invoice discounting liability | 82,984 |  | 38,900 |  |

90,207 |  | 94,311 |  |

| The invoice discounting liability is secured by a fixed and floating charge over the assets of the company and a corporate guarantee from its parent company, Valzol Lubricants Limited.

| Net obligations under finance lease and hire purchase contracts are secured by fixed charges on the assets concerned.

10. | CALLED UP SHARE CAPITAL

| Allotted and issued:

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

| value: | £ | £ |

| 100,000 | Ordinary Shares | £1 | 100,000 |  | 100,000 |  |

11. | RELATED PARTY DISCLOSURES

| At the reporting end date a balance of £710,784 (2024: £710,784) is owed by Valzol Lubricants Limited. This amount is interest free, unsecured and repayable on demand.

| The only asset of Valzol Lubricants Limited is its 100% shareholding in Oil Inventions Limited.