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| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 JULY 2025 |

| FOR |

| OAKDENE CARS LIMITED |

| OAKDENE CARS LIMITED (REGISTERED NUMBER: 12194388) |

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 |

| Report of the Accountants | 7 |

| OAKDENE CARS LIMITED |

COMPANY INFORMATION

for the year ended 31 July 2025

| DIRECTORS: | Mr J D Hemsley

| Mr C R Smith

| REGISTERED OFFICE: | Unit 9

| Acre Ridge Industrial Estate

| Salcombe Road

| Alfreton

| Derbyshire

| DE55 7RG

| REGISTERED NUMBER: | 12194388 (England and Wales)

| ACCOUNTANTS: | Hewitt Card Limited

| Chartered Certified Accountants

| 70-72 Nottingham Road

| Mansfield

| Nottinghamshire

| NG18 1BN

| OAKDENE CARS LIMITED (REGISTERED NUMBER: 12194388) |

BALANCE SHEET

31 July 2025

| 31.7.25 | 31.7.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 130,595 |  | 101,586 |  |

CURRENT ASSETS

Stocks | 4,740,467 |  | 1,645,412 |  |

Debtors | 5 | 707,307 |  | 93,928 |  |

Cash at bank and in hand | 306,833 |  | 324,686 |  |

5,754,607 |  | 2,064,026 |  |

CREDITORS

Amounts falling due within one year | 6 | 4,867,955 |  | 1,545,930 |  |

NET CURRENT ASSETS | 886,652 |  | 518,096 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,017,247 |  | 619,682 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (834 | ) | (10,834 | ) |

PROVISIONS FOR LIABILITIES | (12,166 | ) | (228 | ) |

NET ASSETS | 1,004,247 |  | 608,620 |  |

CAPITAL AND RESERVES

Called up share capital | 1,000 |  | 1,000 |  |

Retained earnings | 1,003,247 |  | 607,620 |  |

1,004,247 |  | 608,620 |  |

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 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.

| OAKDENE CARS LIMITED (REGISTERED NUMBER: 12194388) |

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 March 2026 and were signed on its behalf by:

Mr C R Smith - Director

Mr J D Hemsley - Director

| OAKDENE CARS LIMITED (REGISTERED NUMBER: 12194388) |

NOTES TO THE FINANCIAL STATEMENTS

for the year ended 31 July 2025

1. | STATUTORY INFORMATION

| Oakdene Cars 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.

| Related party exemption

| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods.

| Sale of goods

| Turnover from the sale of goods is recognised when;

| - the significant risks and rewards of ownership of the goods has transferred 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 turnover can be measured reliably

| - it is probable that the economic benefits associated with the transaction will flow to the company

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

| Turnover all includes commission received from finance companies for the introduction of finances to customer at the point of the sale of the vehicle.

| Tangible fixed assets

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

| Short leasehold | - | 20% on cost

| Plant and machinery | - | 20% on cost

| Fixtures and fittings | - | 25% on reducing balance

| Computer equipment | - | Straight line over 3 years

| Stocks

| Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell.

| At each reporting date, inventories are assessed for impairment. If inventory is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

| 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.

| OAKDENE CARS LIMITED (REGISTERED NUMBER: 12194388) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 31 July 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.

| 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 27 (2024 - 15 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Short |  | Plant and |  | and |  | Computer |

| leasehold |  | machinery |  | fittings |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 August 2024 | 70,541 |  | - |  | 84,397 |  | 6,256 |  | 161,194 |  |

| Additions | 31,337 |  | 8,645 |  | 7,837 |  | 12,128 |  | 59,947 |  |

| At 31 July 2025 | 101,878 |  | 8,645 |  | 92,234 |  | 18,384 |  | 221,141 |  |

| DEPRECIATION

| At 1 August 2024 | 19,038 |  | - |  | 38,149 |  | 2,421 |  | 59,608 |  |

| Charge for year | 14,286 |  | 144 |  | 12,950 |  | 3,558 |  | 30,938 |  |

| At 31 July 2025 | 33,324 |  | 144 |  | 51,099 |  | 5,979 |  | 90,546 |  |

| NET BOOK VALUE

| At 31 July 2025 | 68,554 |  | 8,501 |  | 41,135 |  | 12,405 |  | 130,595 |  |

| At 31 July 2024 | 51,503 |  | - |  | 46,248 |  | 3,835 |  | 101,586 |  |

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

| 31.7.25 |  | 31.7.24

£ | £ |

| Trade debtors | 112,242 |  | 25,026 |  |

| Amounts owed by associates | 311,900 |  | - |  |

| Other debtors | 230,474 |  | - |  |

| Directors' current accounts | - |  | 40,510 |  |

| Tax | 13,672 |  | 13,672 |  |

| Prepayments | 39,019 |  | 14,720 |  |

707,307 |  | 93,928 |  |

| OAKDENE CARS LIMITED (REGISTERED NUMBER: 12194388) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 31 July 2025

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

| 31.7.25 |  | 31.7.24

£ | £ |

| Bank loans and overdrafts | 10,000 |  | 26,667 |  |

| Trade creditors | 322,897 |  | 173,456 |  |

| Amounts owed to associates | - |  | 18,916 |  |

| Tax | 267,998 |  | 153,388 |  |

| Social security and other taxes | 46,645 |  | 18,104 |  |

| VAT | 214,061 |  | 105,220 |  |

| Other creditors | 5,166 |  | 171,777 |  |

| Vehicle | Stocking Loan | 3,493,778 |  | 870,108 |  |

| Directors' current accounts | 10,611 |  | - |  |

| Accrued expenses | 496,799 |  | 8,294 |  |

4,867,955 |  | 1,545,930 |  |

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

| 31.7.25 |  | 31.7.24

£ | £ |

| Bank loans - 1-2 years | 834 |  | 10,000 |  |

| Bank loans - 2-5 years | - |  | 834 |  |

834 |  | 10,834 |  |

8. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

| 31.7.25 |  | 31.7.24

£ | £ |

| Within one year | 120,000 |  | - |  |

| Between one and five years | 280,000 |  | - |  |

400,000 |  | - |  |

9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

| 31.7.25 |  | 31.7.24

£ | £ |

| Mr J D Hemsley

| Balance outstanding at start of year | 40,510 |  | 40,510 |  |

| Amounts repaid | (40,510 | ) | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | - |  | 40,510 |  |

| OAKDENE CARS LIMITED |

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF

OAKDENE CARS LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 July 2025 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Hewitt Card Limited

Chartered Certified Accountants

70-72 Nottingham Road

Mansfield

Nottinghamshire

NG18 1BN

Date: .............................................