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REGISTERED NUMBER: 14501539 (England and Wales)

Financial Statements for the Year Ended 30 September 2025

for

Kettler Property (GB) Limited

| Kettler Property (GB) Limited (Registered number: 14501539) |

Contents of the Financial Statements

for the year ended 30 September 2025

Page |

| Company Information | 1 |

| Abridged Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| Kettler Property (GB) Limited |

Company Information

for the year ended 30 September 2025

| DIRECTORS: | S P Bevington

| V Klockhaus

| A S Sand

| REGISTERED OFFICE: | Kettler House

| Merse Road

| North Moons Moat

| Redditch

| Worcestershire

| B98 9HL

| REGISTERED NUMBER: | 14501539 (England and Wales)

| AUDITORS: | Derek Young & Co Accountants LLP

| Statutory Auditors

| Chartered Accountants

| Estate House

| Evesham Street

| Redditch

| Worcestershire

| B97 4HP

| Kettler Property (GB) Limited (Registered number: 14501539) |

Abridged Balance Sheet

30 September 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investment property | 4 | 4,800,000 |  | 4,800,000 |  |

CREDITORS

Amounts falling due within one year | 632,449 |  | 298,097 |  |

NET CURRENT LIABILITIES | (632,449 | ) | (298,097 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 4,167,551 |  | 4,501,903 |  |

CREDITORS

Amounts falling due after more than one year | 5 | (2,442,102 | ) | (2,646,678 | ) |

PROVISIONS FOR LIABILITIES | (130,990 | ) | (130,990 | ) |

NET ASSETS | 1,594,459 |  | 1,724,235 |  |

CAPITAL AND RESERVES

Called up share capital | 7 | 200 |  | 200 |  |

Share premium | 1,499,900 |  | 1,499,900 |  |

Retained earnings | 94,359 |  | 224,135 |  |

SHAREHOLDERS' FUNDS | 1,594,459 |  | 1,724,235 |  |

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 September 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 26 March 2026 and were signed on its behalf by:

S P Bevington - Director

| Kettler Property (GB) Limited (Registered number: 14501539) |

Notes to the Financial Statements

for the year ended 30 September 2025

1. | STATUTORY INFORMATION

| Kettler Property (GB) 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.

| Turnover

| Turnover represents amounts derived from the company's ordinary activity, being the rental of its investment property, after deduction of trade discounts, value added tax and any other tax based on the amounts so derived. Revenue is recognised based on the rental period.

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised 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.

| 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.

3. | EMPLOYEES AND DIRECTORS

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

4. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 October 2024

| and 30 September 2025 | 4,800,000 |  |

| NET BOOK VALUE

| At 30 September 2025 | 4,800,000 |  |

| At 30 September 2024 | 4,800,000 |  |

| The investment property was valued by the directors on an open market basis as at 30 September 2025 and was considered to have not changed materially from the £4.8m that was paid for the property in the prior financial period.

| Kettler Property (GB) Limited (Registered number: 14501539) |

Notes to the Financial Statements - continued

for the year ended 30 September 2025

5. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS |

2025 | 2024 |

£ | £ |

| Repayable by instalments

| Other loans more 5yrs instal | 852,027 |  | 1,229,814 |  |

6. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Parent company loan | 2,854,731 |  | 2,941,275 |  |

| The above loan is secured by a mortgage on the company's investment property and by all present and future rental income of the company.

7. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

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

| value: | £ | £ |

| 200 | Ordinary | 1 | 200 |  | 200 |  |

8. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

| The Report of the Auditors was unqualified.

| Mr Stephen Young FCA (Senior Statutory Auditor)

| for and on behalf of Derek Young & Co Accountants LLP

9. | RELATED PARTY DISCLOSURES

| The loan was provided by the immediate parent company and interest is being charged at 7.106% per annum, which is considered to be a commercial rate at present. This interest amounted to £208,972 in the period.

| All of Kettler Property (GB) Ltd's rental income is derived from Kettler (G.B.) Ltd (KGB), a UK company with the same parent company as Kettler Property (GB) Ltd. All of the company's expenditure is derived from costs recharged by KGB. At 30 September 2025, £161,131 was owed to KGB (2024 - £nil).

10. | ULTIMATE CONTROLLING PARTY

| The immediate parent company, Kettler International Beteiligungsgesellschaft mbH is registered in Germany. Copies of the parent's consolidated financial statements can be obtained from Neheimer Str. 10 59469 Ense, Germany.

| The ultimate parent company is Kettler Verwaltungsund Beteiligungs GmbH & Co KG a company located in Germany.

| The group was owned during the year by the charitable foundation Heinz Kettler Stiftung, also at the above address.

| The directors do not consider there to be any single controlling party.