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REGISTERED NUMBER: 02861878 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31 October 2025 |

| for |

| MISTERS BROS LIMITED |

MISTERS BROS LIMITED (REGISTERED NUMBER: 02861878)

Contents of the Financial Statements

FOR THE YEAR ENDED 31 OCTOBER 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

MISTERS BROS LIMITED

Company Information

FOR THE YEAR ENDED 31 OCTOBER 2025

| DIRECTOR: | D.M. Misters

| SECRETARY: |

| REGISTERED OFFICE: | 16 Birch Meadow

| Battenhall Road

| Worcester

| Worcestershire

| WR5 2FW

| REGISTERED NUMBER: | 02861878 (England and Wales)

| ACCOUNTANTS: | Clifton-Crick Sharp & Co. Ltd

| Chartered Accountants

| 2A-3A Market Gate

| Pershore

| Worcestershire

| WR10 1DZ

| SOLICITORS: | Lodders

| 10 Elm Court

| Arden Street

| Stratford upon Avon

| CV37 6PA

MISTERS BROS LIMITED (REGISTERED NUMBER: 02861878)

Balance Sheet

31 OCTOBER 2025

| 31.10.25 | 31.10.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 386,450 |  | 342,173 |  |

Investment property | 5 | 2,460,000 |  | 2,460,000 |  |

2,846,450 |  | 2,802,173 |  |

CURRENT ASSETS

Stocks | 1,650,004 |  | 2,628,627 |  |

Debtors | 6 | 4,212 |  | 18,898 |  |

Cash at bank | 1,677,592 |  | 453,108 |  |

3,331,808 |  | 3,100,633 |  |

CREDITORS

Amounts falling due within one year | 7 | 1,585,945 |  | 1,536,241 |  |

NET CURRENT ASSETS | 1,745,863 |  | 1,564,392 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 4,592,313 |  | 4,366,565 |  |

PROVISIONS FOR LIABILITIES | 8 | 176,526 |  | 60,014 |  |

NET ASSETS | 4,415,787 |  | 4,306,551 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Fair value reserve | 9 | 321,241 |  | 321,241 |  |

Retained earnings | 4,094,446 |  | 3,985,210 |  |

SHAREHOLDERS' FUNDS | 4,415,787 |  | 4,306,551 |  |

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

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

MISTERS BROS LIMITED (REGISTERED NUMBER: 02861878)

Balance Sheet - continued

31 OCTOBER 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 director and authorised for issue on 17 February 2026 and were signed by:

D.M. Misters - Director

MISTERS BROS LIMITED (REGISTERED NUMBER: 02861878)

Notes to the Financial Statements

FOR THE YEAR ENDED 31 OCTOBER 2025

1. | STATUTORY INFORMATION

| Misters Bros 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.

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 as modified by the revaluation of certain assets.

| The accounts have been prepared on a going concern basis on the grounds that the directors and shareholders will continue to provide sufficient finance.

| 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 | - | 20% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Investment property

| Investment properties are properties held to earn rentals and/or for capital appreciation. Investment properties are initially measured at cost, including transaction costs. Subsequently investment properties whose fair value can be measured reliably without undue cost or effort on an on-going basis are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

| Investment properties whose fair value cannot be measured reliably without undue cost or effort on an ongoing basis are included in plant, property and equipment at cost less accumulated depreciation and accumulated impairment losses.

| Stocks

| Work in progress is valued at the lower of cost and net realisable value.

| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

| 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.

MISTERS BROS LIMITED (REGISTERED NUMBER: 02861878)

Notes to the Financial Statements - continued

FOR THE YEAR ENDED 31 OCTOBER 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 3 (2024 - NIL ) .

4. | TANGIBLE FIXED ASSETS

| Freehold |  | Plant and |  | Motor |  | Computer |

| property |  | machinery |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 November 2024 | 100,000 |  | 264,099 |  | 245,366 |  | 6,980 |  | 616,445 |  |

| Additions | - |  | 5,827 |  | 137,607 |  | - |  | 143,434 |  |

| Disposals | - |  | - |  | (82,890 | ) | - |  | (82,890 | ) |

| At 31 October 2025 | 100,000 |  | 269,926 |  | 300,083 |  | 6,980 |  | 676,989 |  |

| DEPRECIATION

| At 1 November 2024 | - |  | 183,580 |  | 83,712 |  | 6,980 |  | 274,272 |  |

| Charge for year | - |  | 16,104 |  | 40,414 |  | - |  | 56,518 |  |

| Eliminated on disposal | - |  | - |  | (40,251 | ) | - |  | (40,251 | ) |

| At 31 October 2025 | - |  | 199,684 |  | 83,875 |  | 6,980 |  | 290,539 |  |

| NET BOOK VALUE

| At 31 October 2025 | 100,000 |  | 70,242 |  | 216,208 |  | - |  | 386,450 |  |

| At 31 October 2024 | 100,000 |  | 80,519 |  | 161,654 |  | - |  | 342,173 |  |

MISTERS BROS LIMITED (REGISTERED NUMBER: 02861878)

Notes to the Financial Statements - continued

FOR THE YEAR ENDED 31 OCTOBER 2025

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 November 2024

| and 31 October 2025 | 2,460,000 |  |

| NET BOOK VALUE

| At 31 October 2025 | 2,460,000 |  |

| At 31 October 2024 | 2,460,000 |  |

| Fair value at 31 October 2025 is represented by:

£ |

| Valuation in 2011 | (485,816 | ) |

| Valuation in 2017 | 587,057 |  |

| Valuation in 2023 | 220,000 |  |

| Cost | 2,138,759 |  |

2,460,000 |  |

| If the investment properties had not been revalued they would have been included at the following historical cost:

| 31.10.25 |  | 31.10.24

£ | £ |

| Cost | 2,138,759 |  | 2,138,759 |  |

| The investment properties were valued on an open market basis on 31 October 2023 by GJS Dillon & the directors .

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

| 31.10.25 |  | 31.10.24

£ | £ |

| Trade debtors | - |  | 12,000 |  |

| Prepayments | 4,212 |  | 6,898 |  |

4,212 |  | 18,898 |  |

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

| 31.10.25 |  | 31.10.24

£ | £ |

| Bank loans and overdrafts | 538 |  | - |  |

| Trade creditors | 3,808 |  | 878 |  |

| Tax | 62,326 |  | 7,227 |  |

| Social security and other taxes | 65 |  | 301 |  |

| VAT | 10,444 |  | 10,761 |  |

| Other creditors | 1,275,764 |  | 1,070,828 |  |

| Directors' current accounts | 193,305 |  | 403,571 |  |

| Accrued expenses | 39,695 |  | 42,675 |  |

1,585,945 |  | 1,536,241 |  |

MISTERS BROS LIMITED (REGISTERED NUMBER: 02861878)

Notes to the Financial Statements - continued

FOR THE YEAR ENDED 31 OCTOBER 2025

8. | PROVISIONS FOR LIABILITIES

| 31.10.25 |  | 31.10.24

£ | £ |

| Deferred tax

| Other timing differences | 80,000 |  | - |  |

| Accelarated Capital Allowances | 96,526 |  | 60,014 |  |

176,526 |  | 60,014 |  |

| Deferred |

| tax |

£ |

| Balance at 1 November 2024 | 60,014 |  |

| Accelerated Capital allowances | 36,512 |  |

| Revaluation of property | 80,000 |  |

| Balance at 31 October 2025 | 176,526 |  |

9. | RESERVES

| Fair

| value

| reserve

£ |

| At 1 November 2024

| and 31 October 2025 | 321,241 |  |