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REGISTERED NUMBER: 08957508 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

PILLINGS LOCK TRADING LIMITED

PILLINGS LOCK TRADING LIMITED (REGISTERED NUMBER: 08957508) |

CONTENTS OF THE FINANCIAL STATEMENTS

for the year ended 30 June 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| PILLINGS LOCK TRADING LIMITED |

COMPANY INFORMATION

for the year ended 30 June 2025

| DIRECTOR: | G Brunetti

| REGISTERED OFFICE: | The Marina Office

| Pillings Lock Marina

| Flesh Hovel Lane

| Quorn

| Leicestershire

| LE12 8FE

| REGISTERED NUMBER: | 08957508 (England and Wales)

| ACCOUNTANTS: | Magma Audit LLP

| Unit 2 Charnwood Edge Business Park

| Syston Road, Leicester

| LE7 4UZ

| Magma Audit LLP is part

| Of the Dains Group

PILLINGS LOCK TRADING LIMITED (REGISTERED NUMBER: 08957508) |

BALANCE SHEET

30 June 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 2,688,125 |  | 2,693,625 |  |

CURRENT ASSETS

Debtors | 5 | 218,152 |  | 237,558 |  |

Cash in hand | 1 |  | 1 |  |

218,153 |  | 237,559 |  |

CREDITORS

Amounts falling due within one year | 6 | (2,915,815 | ) | (2,935,948 | ) |

NET CURRENT LIABILITIES | (2,697,662 | ) | (2,698,389 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (9,537 | ) | (4,764 | ) |

CAPITAL AND RESERVES

Called up share capital | 1 |  | 1 |  |

Retained earnings | (9,538 | ) | (4,765 | ) |

(9,537 | ) | (4,764 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 March 2026 and were signed by:

G Brunetti - Director

PILLINGS LOCK TRADING LIMITED (REGISTERED NUMBER: 08957508) |

NOTES TO THE FINANCIAL STATEMENTS

for the year ended 30 June 2025

1. | STATUTORY INFORMATION

| Pillings Lock Trading Limited is a limited company, limited by shares, registered in England and Wales. Its registered office address is The Marina Office, Pillings Lock Marina, Flesh Hovel Lane, Quorn, Leicestershire, LE12 8FE and the registered number is 08957508.

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.

| The presentation currency of the financial statements is pound sterling (£) and figures are rounded to the nearest £1.

| Going concern

| At the year end the company had net current liabilities of £2,697,662 (2024: £2,698,389) and net liabilities of £9,537 (2024: £4,764). The director has considered this and prepared the financial statements on a going concern basis. The director has confirmed that they will continue to support the company financially for the foreseeable future.

| Turnover

| Turnover which is from the management of real estate, is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

| Rendering of services

| Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

| - the amount of revenue can be measured reliably;

| - it is probable that the Company will receive the consideration due under the contract;

| - the stage of completion of the contract at the end of the reporting period can be measured reliably; and

| - the costs incurred and the costs to complete the contract can be measured reliably.

| Tangible fixed assets

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

| Freehold building |  | - |  | 2% straight line |  |

| Freehold land |  | - |  | Not depreciated |  |

| Financial instruments

| (i) Financial assets

| Basic financial assets, including trade and other debtors, cash and bank balances are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

| Such assets are subsequently carried at amortised cost using the effective interest rate method.

| (ii) Financial liabilities

| Basic financial liabilities, including trade and other creditors are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

| Debt instruments are subsequently carried at amortised cost, using the effective interest rate.

PILLINGS LOCK TRADING LIMITED (REGISTERED NUMBER: 08957508) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 30 June 2025

2. | ACCOUNTING POLICIES - continued

| Taxation

| The tax expense for the year comprises current and deferred tax.

| Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

| Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance Sheet date, except that:

| - The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

| - Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

| Both current and deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Operating leases

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Leases that do not transfer all the risks and rewards of ownership are classified as operating leases. Payments under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Cash and cash equivalents

| Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutions, and other short-term highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2024 - 1 ) .

4. | TANGIBLE FIXED ASSETS

| Freehold

| land &

| buildings

£ |

| COST

| At 1 July 2024

| and 30 June 2025 | 2,750,000 |  |

| DEPRECIATION

| At 1 July 2024 | 56,375 |  |

| Charge for year | 5,500 |  |

| At 30 June 2025 | 61,875 |  |

| NET BOOK VALUE

| At 30 June 2025 | 2,688,125 |  |

| At 30 June 2024 | 2,693,625 |  |

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

2025 | 2024 |

£ | £ |

| Amounts owed by group undertakings | 178,875 |  | 198,281 |  |

| Other debtors | 32,225 |  | 32,225 |  |

| Prepayments and accrued income | 7,052 |  | 7,052 |  |

218,152 |  | 237,558 |  |

PILLINGS LOCK TRADING LIMITED (REGISTERED NUMBER: 08957508) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 30 June 2025

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

2025 | 2024 |

£ | £ |

| Amounts owed to group undertakings | 2,750,000 |  | 2,750,000 |  |

| Tax | 3,811 |  | 7,957 |  |

| Accruals and deferred income | 162,004 |  | 177,991 |  |

2,915,815 |  | 2,935,948 |  |

7. | FINANCIAL INSTRUMENTS

| Operating lease commitments not included in the balance sheet amount to £8,010,677 (2024: £8,068,378).

8. | ULTIMATE CONTROLLING PARTY

| The controlling party is No.750 Leicester Limited.

| The ultimate controlling party is Quorn Marina Holdings Ltd.