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REGISTERED NUMBER: 08855044 (England and Wales)

| FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31ST MARCH 2025 |

| FOR |

| EUROTRANS EXPRESS LIMITED |

EUROTRANS EXPRESS LIMITED (REGISTERED NUMBER: 08855044) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| EUROTRANS EXPRESS LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31ST MARCH 2025

| DIRECTORS: | Mr N P Taylor

| Mrs J Taylor

| Mr L Taylor

| REGISTERED OFFICE: | Euro Hub

| Units 10, 11 & 12

| Holland Industrial Park

| Bentley Road South

| Wednesbury

| WS10 8LN

| REGISTERED NUMBER: | 08855044 (England and Wales)

| ACCOUNTANTS: | Stanton Ralph & Co Limited

| Chartered Accountants

| The Old Police Station

| Whitburn Street

| Bridgnorth

| Shropshire

| WV16 4QP

EUROTRANS EXPRESS LIMITED (REGISTERED NUMBER: 08855044) |

BALANCE SHEET

31ST MARCH 2025

31.3.24 |  | 31.3.25 |

£ | £ |  | Notes | £ | £ |

| FIXED ASSETS

- |  |  | Intangible assets | 4 | - |  |

1,242,696 |  |  | Tangible assets | 5 | 1,345,893 |  |

1,242,696 |  | 1,345,893 |  |

| CURRENT ASSETS

1,137,969 |  |  | Debtors | 6 | 1,039,504 |  |

177,918 |  |  | Cash at bank | 266,757 |  |

1,315,887 |  | 1,306,261 |  |

| CREDITORS

1,005,343 |  |  | Amounts falling due within one year | 7 | 1,167,514 |  |

310,544 |  |  | NET CURRENT ASSETS | 138,747 |  |

1,553,240 |  |  | TOTAL ASSETS LESS CURRENT LIABILITIES | 1,484,640 |  |

| CREDITORS

(485,177 | ) |  | Amounts falling due after more than one year | 8 | (601,812 | ) |

(240,792 | ) |  | PROVISIONS FOR LIABILITIES | (289,965 | ) |

827,271 |  |  | NET ASSETS | 592,863 |  |

| CAPITAL AND RESERVES

115 |  |  | Called up share capital | 10 | 115 |  |

827,156 |  |  | Retained earnings | 592,748 |  |

827,271 |  |  | SHAREHOLDERS' FUNDS | 592,863 |  |

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

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

EUROTRANS EXPRESS LIMITED (REGISTERED NUMBER: 08855044) |

BALANCE SHEET - continued

31ST MARCH 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 29th January 2026 and were signed on its behalf by:

Mr N P Taylor - Director

EUROTRANS EXPRESS LIMITED (REGISTERED NUMBER: 08855044) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

1. | STATUTORY INFORMATION

| Eurotrans Express 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.

| Turnover

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

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2014, was amortised evenly over its estimated useful life of four year and is now fully amortised.

| 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

| Plant and machinery | - | 25% on reducing balance

| Equipment | - | 20% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| 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.

| 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.

EUROTRANS EXPRESS LIMITED (REGISTERED NUMBER: 08855044) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST MARCH 2025

2. | ACCOUNTING POLICIES - continued

| Hire purchase and leasing commitments

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

| 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 34 (2024 - 28 ) .

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1st April 2024

| and 31st March 2025 | 200,000 |  |

| AMORTISATION

| At 1st April 2024

| and 31st March 2025 | 200,000 |  |

| NET BOOK VALUE

| At 31st March 2025 | - |  |

| At 31st March 2024 | - |  |

5. | TANGIBLE FIXED ASSETS

| Freehold |  | Plant and |  | Motor

| Totals |  | property |  | machinery |  | Equipment |  | vehicles

£ | £ | £ | £ | £ |

| COST

| At 1st April 2024 | 3,031,527 |  | 135,770 |  | 146,611 |  | 79,112 |  | 2,670,034 |  |

| Additions | 536,593 |  | 5,288 |  | - |  | - |  | 531,305 |  |

| Disposals | (70,990 | ) | - |  | (40,490 | ) | - |  | (30,500 | ) |

| At 31st March 2025 | 3,497,130 |  | 141,058 |  | 106,121 |  | 79,112 |  | 3,170,839 |  |

| DEPRECIATION

| At 1st April 2024 | 1,788,831 |  | - |  | 86,794 |  | 56,057 |  | 1,645,980 |  |

| Charge for year | 399,426 |  | - |  | 6,873 |  | 4,611 |  | 387,942 |  |

| Eliminated on disposal | (37,020 | ) | - |  | (10,123 | ) | - |  | (26,897 | ) |

| At 31st March 2025 | 2,151,237 |  | - |  | 83,544 |  | 60,668 |  | 2,007,025 |  |

| NET BOOK VALUE

| At 31st March 2025 | 1,345,893 |  | 141,058 |  | 22,577 |  | 18,444 |  | 1,163,814 |  |

| At 31st March 2024 | 1,242,696 |  | 135,770 |  | 59,817 |  | 23,055 |  | 1,024,054 |  |

EUROTRANS EXPRESS LIMITED (REGISTERED NUMBER: 08855044) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST MARCH 2025

5. | TANGIBLE FIXED ASSETS - continued

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Plant and |  | Motor

| Totals |  | machinery |  | vehicles

£ | £ | £ |

| COST

| At 1st April 2024 | 996,232 |  | 40,490 |  | 955,742 |  |

| Additions | 470,005 |  | - |  | 470,005 |  |

| Disposals | (40,490 | ) | (40,490 | ) | - |  |

| Transfer to ownership | (26,130 | ) | - |  | (26,130 | ) |

| At 31st March 2025 | 1,399,617 |  | - |  | 1,399,617 |  |

| DEPRECIATION

| At 1st April 2024 | 411,612 |  | 10,123 |  | 401,489 |  |

| Charge for year | 259,680 |  | - |  | 259,680 |  |

| Eliminated on disposal | (10,123 | ) | (10,123 | ) | - |  |

| Transfer to ownership | (39,139 | ) | - |  | (39,139 | ) |

| At 31st March 2025 | 622,030 |  | - |  | 622,030 |  |

| NET BOOK VALUE

| At 31st March 2025 | 777,587 |  | - |  | 777,587 |  |

| At 31st March 2024 | 584,620 |  | 30,367 |  | 554,253 |  |

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

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade debtors | 522,312 |  | 511,771 |  |

| Other debtors | 517,192 |  | 626,198 |  |

1,039,504 |  | 1,137,969 |  |

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

| 31.3.25 |  | 31.3.24

£ | £ |

| Bank loans and overdrafts | 339,343 |  | 211,536 |  |

| Hire purchase contracts | 238,823 |  | 229,046 |  |

| Trade creditors | 198,318 |  | 212,660 |  |

| Taxation and social security | 126,139 |  | 123,466 |  |

| Other creditors | 264,891 |  | 228,635 |  |

1,167,514 |  | 1,005,343 |  |

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

| 31.3.25 |  | 31.3.24

£ | £ |

| Hire purchase contracts | 601,812 |  | 485,177 |  |

EUROTRANS EXPRESS LIMITED (REGISTERED NUMBER: 08855044) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST MARCH 2025

9. | SECURED DEBTS

| The following secured debts are included within creditors:

| 31.3.25 |  | 31.3.24

£ | £ |

| Bank loans | 339,343 |  | 211,536 |  |

| Bank borrowings are secured by a fixed and floating charges over the assets of the Company.

| The charges cover all present and future assets of the Company, including (but not limited to) freehold and leasehold property, plant and machinery, book debts, stock, goodwill and intellectual property.

| The security relates to the Company’s term loan and its invoice finance facility with the bank. The charge includes a negative pledge, which restricts the Company from creating further security over its assets in favour of other lenders without the bank’s prior consent.

10. | CALLED UP SHARE CAPITAL

| Number |  | Class |  | Nominalvalue |  | 31.3.25 |  | 31.3.24 |  |

| 51 |  | A Ordinary |  | £1 |  | 51 |  | 51 |  |

| 49 |  | B Ordinary |  | £1 |  | 49 |  | 49 |  |

| 5 |  | C Ordinary |  | £1 |  | 5 |  | 5 |  |

| 5 |  | D Ordinary |  | £1 |  | 5 |  | 5 |  |

| 5 |  | E Ordinary |  | £1 |  | 5 |  | 5 |  |

11. | POST BALANCE SHEET EVENTS

| After the year end, the Company acquired the entire issued share capital of G C Freight Services Limited, thereby obtaining control of that entity.

| As part of the acquisition, a charge was granted to the vendor over the shares acquired as security for the deferred consideration payable under the share purchase agreement.

| The acquisition and related security arrangements occurred after the reporting period and have therefore not been reflected in these financial statements.