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REGISTERED NUMBER: 04898938 (England and Wales)

| Strategic Report, |

| Report of the Directors and |

| Financial Statements |

| for the Year Ended 30 September 2025 |

| for |

| Just Automotive Solutions Ltd |

| Just Automotive Solutions Ltd (Registered number: 04898938) |

Contents of the Financial Statements

for the Year Ended 30 September 2025

Page |

| Company Information | 1 |

| Strategic Report | 2 |

| Report of the Directors | 3 |

| Report of the Independent Auditors | 4 |

| Income Statement | 6 |

| Other Comprehensive Income | 7 |

| Balance Sheet | 8 |

| Statement of Changes in Equity | 9 |

| Notes to the Financial Statements | 10 |

| Just Automotive Solutions Ltd |

Company Information

for the Year Ended 30 September 2025

| DIRECTORS: | A K Morvinson

| S Ralph

| S Drewery

| B I Dodsworth

| REGISTERED OFFICE: | Just Audi VW

| Outer Circle Road

| Lincoln

| Lincolnshire

| LN2 4JA

| REGISTERED NUMBER: | 04898938 (England and Wales)

| AUDITORS: | Wright Vigar Limited

| Statutory Auditors

| Chartered Accountants & Business Advisers

| 15 Newland

| Lincoln

| Lincolnshire

| LN1 1XG

| Just Automotive Solutions Ltd (Registered number: 04898938) |

Strategic Report

for the Year Ended 30 September 2025

The directors present their strategic report for the year ended 30 September 2025.

REVIEW OF BUSINESS

During the year the Company continued to operate as a motor vehicle retail business.

Turnover in the year increased from £31,676,221 to £33,521,106.

EBITDA decreased to £596,488 from £1,010,090, with gross profit margins remaining consistent at 10%.

Net assets at the balance sheet date amounted to £2,622,877 (2024: £2,275,325).

PRINCIPAL RISKS AND UNCERTAINTIES

The Companys principal risks include changes in market conditions, supply constraints from manufacturers, regulatory compliance requirements, rapid technological shifts including the transition to EVs and fluctuations in used vehicle values. The Company continues to monitor these risks.

FINANCIAL KEY PERFORMANCE INDICATORS

Turnover: £33,521,106 (2024: £31,676,221)

Gross profit: £3,388,298 (2024: £3,092,373)

EBITDA: £596,488 (2024: £1,010,090)

ON BEHALF OF THE BOARD:

A K Morvinson - Director

30 March 2026

| Just Automotive Solutions Ltd (Registered number: 04898938) |

Report of the Directors

for the Year Ended 30 September 2025

The directors present their report with the financial statements of the company for the year ended 30 September 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of motor vehicle retailing.

DIVIDENDS

Interim dividends per share were paid during the year as follows:

Ordinary A £1 | - | £312.50 | - 6 January 2025

Ordinary B £1 | - | £937.50 | - 6 January 2025

The total distribution of dividends for the year ended 30 September 2025 will be £ 37,500 .

EVENTS SINCE THE END OF THE YEAR

Information relating to events since the end of the year is given in the notes to the financial statements.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 October 2024 to the date of this report.

A K Morvinson

S Ralph

S Drewery

B I Dodsworth

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Strategic Report, the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

- | select suitable accounting policies and then apply them consistently;

- | make judgements and accounting estimates that are reasonable and prudent;

- | prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS

The auditors, Wright Vigar Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

A K Morvinson - Director

30 March 2026

Report of the Independent Auditors to the Members of

Just Automotive Solutions Ltd

Opinion

We have audited the financial statements of Just Automotive Solutions Ltd (the 'company') for the year ended 30 September 2025 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

- | give a true and fair view of the state of the company's affairs as at 30 September 2025 and of its profit for the year then ended;

- | have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

- | have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The directors are responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

- | the information given in the Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- | the Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

- | adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

- | the financial statements are not in agreement with the accounting records and returns; or

- | certain disclosures of directors' remuneration specified by law are not made; or

- | we have not received all the information and explanations we require for our audit.

Report of the Independent Auditors to the Members of

Just Automotive Solutions Ltd

Responsibilities of directors

As explained more fully in the Statement of Directors' Responsibilities set out on page three, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Our work is performed to include an assessment of the susceptibility of the entity's financial statements to material misstatement, including the risk of fraud. Owing to the inherent limitations of an audit, there is an unavoidable risk that material misstatements in the financial statements may not be detected, even though the audit is properly planned and performed in accordance with the ISAs (UK).

In identifying and assessing risk of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, our procedures included the following:

- We plan our work to gain an understanding of the significant laws and regulations that are of significance to the entity and the sector in which they operate. We perform our work to ensure that the entity is complying with its legal and regulatory framework.

- We obtained an understanding of how the company is complying with those legal and regulatory frameworks by making inquiries to the management and people charged with governance.

We assessed the susceptibility of the Company's financial statements to material misstatement, including how fraud might occur. Audit procedures performed by the engagement team included:

- Substantive procedures performed in accordance with the ISAs (UK).

- Challenging assumptions and judgments made by management in its significant accounting estimates.

- Identifying and testing journal entries, in particular material journal entries and an assessment of year end journals.

- Assessing the extent of compliance with the relevant laws and regulations.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Paul Colcomb FCCA (Senior Statutory Auditor)

for and on behalf of Wright Vigar Limited

Statutory Auditors

Chartered Accountants & Business Advisers

15 Newland

Lincoln

Lincolnshire

LN1 1XG

30 March 2026

| Just Automotive Solutions Ltd (Registered number: 04898938) |

Income Statement

for the Year Ended 30 September 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

TURNOVER | 3 | 33,521,106 |  | 31,676,221 |  |

Cost of sales | 30,132,808 |  | 28,583,848 |  |

GROSS PROFIT | 3,388,298 |  | 3,092,373 |  |

Distribution costs | 724,894 |  | 766,434 |  |

Administrative expenses | 2,463,183 |  | 1,671,925 |  |

|  |  | 3,188,077 |  |  |  |  | 2,438,359 |  |

200,221 |  | 654,014 |  |

Other operating income | 370,715 |  | 325,617 |  |

OPERATING PROFIT | 5 | 570,936 |  | 979,631 |  |

Interest receivable and similar income | 4,532 |  | 6,112 |  |

575,468 |  | 985,743 |  |

Interest payable and similar expenses | 6 | 5 |  | 70 |  |

PROFIT BEFORE TAXATION | 575,463 |  | 985,673 |  |

Tax on profit | 7 | 190,411 |  | 214,485 |  |

PROFIT FOR THE FINANCIAL YEAR | 385,052 |  | 771,188 |  |

| Just Automotive Solutions Ltd (Registered number: 04898938) |

Other Comprehensive Income

for the Year Ended 30 September 2025

| 2025 |  | 2024

| Notes | £ | £ |

PROFIT FOR THE YEAR | 385,052 |  | 771,188 |  |

OTHER COMPREHENSIVE INCOME | - |  | - |  |

TOTAL COMPREHENSIVE INCOME FOR THE YEAR | 385,052 |  | 771,188 |  |

| Just Automotive Solutions Ltd (Registered number: 04898938) |

Balance Sheet

30 September 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 9 | 177,839 |  | 112,703 |  |

CURRENT ASSETS

Stocks | 10 | 4,193,554 |  | 3,364,753 |  |

Debtors | 11 | 167,911 |  | 120,647 |  |

Cash at bank and in hand | 21,045 |  | 71,054 |  |

4,382,510 |  | 3,556,454 |  |

CREDITORS

Amounts falling due within one year | 12 | 1,918,921 |  | 1,389,063 |  |

NET CURRENT ASSETS | 2,463,589 |  | 2,167,391 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,641,428 |  | 2,280,094 |  |

PROVISIONS FOR LIABILITIES | 14 | 18,551 |  | 4,769 |  |

NET ASSETS | 2,622,877 |  | 2,275,325 |  |

CAPITAL AND RESERVES

Called up share capital | 15 | 100 |  | 100 |  |

Retained earnings | 16 | 2,622,777 |  | 2,275,225 |  |

SHAREHOLDERS' FUNDS | 2,622,877 |  | 2,275,325 |  |

The financial statements were approved by the Board of Directors and authorised for issue on 30 March 2026 and were signed on its behalf by:

A K Morvinson - Director

| Just Automotive Solutions Ltd (Registered number: 04898938) |

Statement of Changes in Equity

for the Year Ended 30 September 2025

| Called up |

| share |  | Retained |  | Total

| capital |  | earnings |  | equity

£ | £ | £ |

Balance at 1 October 2023 | 100 |  | 1,729,037 |  | 1,729,137 |  |

Changes in equity

Dividends | - |  | (225,000 | ) | (225,000 | ) |

Total comprehensive income | - |  | 771,188 |  | 771,188 |  |

Balance at 30 September 2024 | 100 |  | 2,275,225 |  | 2,275,325 |  |

Changes in equity

Dividends | - |  | (37,500 | ) | (37,500 | ) |

Total comprehensive income | - |  | 385,052 |  | 385,052 |  |

Balance at 30 September 2025 | 100 |  | 2,622,777 |  | 2,622,877 |  |

| Just Automotive Solutions Ltd (Registered number: 04898938) |

Notes to the Financial Statements

for the Year Ended 30 September 2025

1. | STATUTORY INFORMATION

| Just Automotive Solutions Ltd 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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| The directors have assessed the Company’s ability to continue as a going concern. This assessment has considered current trading performance, cash flow forecasts, available banking facilities and the principal risks and uncertainties facing the business. The forecasts include a range of downside scenarios reflecting potential impacts on vehicle supply, consumer demand and cost inflation.

| Based on the review undertaken, the directors consider that the Company have adequate resources to meet their liabilities as they fall due for at least 12 months from the date of approval of these financial statements. Accordingly, the financial statements have been prepared on a going concern basis.

| Financial Reporting Standard 102 - reduced disclosure exemptions

| The company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":

| • | the requirements of Section 7 Statement of Cash Flows.

| Critical accounting judgements and key sources of estimation uncertainty

| In the process of applying its accounting policies, the Company is required to make certain estimates, judgments and assumptions that it believes are reasonable based on the information available.These judgments, estimates and assumptions affect the amounts of assets and liabilities at the date of the financial statements and the amounts of revenues and expenses recognised during the reporting periods presented.

| On an ongoing basis, the Company evaluates its estimate using historical experience, consultation with experts and other methods considered reasonable in the particular circumstances. Actual results may differ significantly from the estimates, the effect of which is recognised in the period in which the facts that give rise to the revision become known.

| - Tangible fixed assets

| The estimated useful economic lives of tangible fixed assets are based on management's judgment and experience. When management identifies that actual useful economic lives differ materially from the estimates used to calculate depreciation, that charge is adjusted prospectively.

| Turnover

| Turnover is recognised net of VAT, discounts and rebates. Revenue from vehicle sales is recognised when the vehicle is handed over to the customer. Aftersales revenue (parts and service) is recognised when the work is completed. Commission income from finance and insurance products is recognised when the related vehicle sale is finalised.

| Tangible fixed assets

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

| Improvements to property | - | 10% on cost

| Plant and machinery | - | 33% on cost

| Fixtures and fittings | - | 25% on cost

| Computer equipment | - | 33% on cost

| Stock

| Stock is valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Included within cost is the cost of collection and preparation work.

| Just Automotive Solutions Ltd (Registered number: 04898938) |

Notes to the Financial Statements - continued

for the Year Ended 30 September 2025

2. | ACCOUNTING POLICIES - continued

| Financial instruments

| The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

| Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

| For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

| 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.

| 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. | TURNOVER

| The turnover and profit before taxation are attributable to the one principal activity of the company.

| All turnover was generated in the United Kingdom and relates exclusively to the Company’s motor vehicle retailing activities.

4. | EMPLOYEES AND DIRECTORS

|  | 2025 |  | 2024 |

|  | £ |  | £ |

| Wages and salaries |  | 2,628,316 |  | 2,330,469 |

| Social security costs |  | 300,770 |  | 238,395 |

| Other pension costs |  | 184,482 |  | 170,587 |

|  | 3,113,568 |  | 2,739,451 |

| The average number of employees during the year was 74 (2024 - 59).

| 2025 |  | 2024

£ | £ |

| Directors' remuneration | 488,593 |  | 252,259 |  |

| Directors' pension contributions to money purchase schemes | 119,488 |  | 83,580 |  |

| Just Automotive Solutions Ltd (Registered number: 04898938) |

Notes to the Financial Statements - continued

for the Year Ended 30 September 2025

4. | EMPLOYEES AND DIRECTORS - continued

| Information regarding the highest paid director is as follows:

| 2025 |  | 2024

£ | £ |

| Emoluments etc | 139,225 |  | 76,079 |  |

| Pension contributions to money purchase schemes | - |  | 29,250 |  |

5. | OPERATING PROFIT

| The operating profit is stated after charging:

| 2025 |  | 2024

£ | £ |

| Depreciation - owned assets | 25,552 |  | 30,460 |  |

| Auditors remuneration | 7,175 |  | - |  |

| Auditors' remuneration for non audit work | 4,355 |  | 2,360 |  |

6. | INTEREST PAYABLE AND SIMILAR EXPENSES |

| 2025 |  | 2024

£ | £ |

| Other interest | 5 |  | 70 |  |

7. | TAXATION

| Analysis of the tax charge

| The tax charge on the profit for the year was as follows:

| 2025 |  | 2024

£ | £ |

| Current tax:

| UK corporation tax | 176,629 |  | 213,283 |  |

| Deferred tax | 13,782 |  | 1,202 |  |

| Tax on profit | 190,411 |  | 214,485 |  |

| UK corporation tax has been charged at 25% (2024 - 25%).

| Reconciliation of total tax charge included in profit and loss

| The tax assessed for the year is higher than the standard rate of corporation tax in the UK. The difference is explained below:

| 2025 |  | 2024

£ | £ |

| Profit before tax | 575,463 |  | 985,673 |  |

| Profit multiplied by the standard rate of corporation tax in the UK of 25% (2024 - 25%) | 143,866 |  | 246,418 |  |

| Effects of:

| Expenses not deductible for tax purposes | 47,055 |  | (7,712 | ) |

| Capital allowances in excess of depreciation | (14,292 | ) | (76 | ) |

| Adjustments to tax charge in respect of previous periods | - |  | (25,347 | ) |

| Deferred tax | 13,782 |  | 1,202 |  |

| Total tax charge | 190,411 |  | 214,485 |  |

| Just Automotive Solutions Ltd (Registered number: 04898938) |

Notes to the Financial Statements - continued

for the Year Ended 30 September 2025

8. | DIVIDENDS

| 2025 |  | 2024

£ | £ |

| Ordinary A shares of £1 each |

| Interim | 18,750 |  | 125,000 |  |

| Ordinary B shares of £1 each |

| Interim | 18,750 |  | 100,000 |  |

37,500 |  | 225,000 |  |

9. | TANGIBLE FIXED ASSETS

| Improvements |  | Fixtures |

| to |  | Plant and |  | and |  | Computer |

| property |  | machinery |  | fittings |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 October 2024 | 126,739 |  | 220,144 |  | 11,572 |  | 94,459 |  | 452,914 |  |

| Additions | 50,939 |  | 33,136 |  | - |  | 6,613 |  | 90,688 |  |

| At 30 September 2025 | 177,678 |  | 253,280 |  | 11,572 |  | 101,072 |  | 543,602 |  |

| DEPRECIATION

| At 1 October 2024 | 40,075 |  | 214,433 |  | 11,572 |  | 74,131 |  | 340,211 |  |

| Charge for year | 11,533 |  | 4,350 |  | - |  | 9,669 |  | 25,552 |  |

| At 30 September 2025 | 51,608 |  | 218,783 |  | 11,572 |  | 83,800 |  | 365,763 |  |

| NET BOOK VALUE

| At 30 September 2025 | 126,070 |  | 34,497 |  | - |  | 17,272 |  | 177,839 |  |

| At 30 September 2024 | 86,664 |  | 5,711 |  | - |  | 20,328 |  | 112,703 |  |

10. | STOCKS

2025 | 2024 |

£ | £ |

| Stocks | 4,193,554 |  | 3,364,753 |  |

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

2025 | 2024 |

£ | £ |

| Trade debtors | 47,566 |  | 25,973 |  |

| Other debtors | 30,204 |  | 14,326 |  |

| Prepayments and accrued income | 90,141 |  | 80,348 |  |

167,911 |  | 120,647 |  |

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

2025 | 2024 |

£ | £ |

| Hire purchase contracts (see note 13) | 25,373 |  | - |  |

| Trade creditors | 436,339 |  | 284,451 |  |

| Amounts owed to group undertakings | 408,000 |  | 75,000 |  |

| Tax | 176,080 |  | 213,281 |  |

| Social security and other taxes | 139,739 |  | 26,725 |  |

| VAT | 144,885 |  | 177,341 |  |

| Other creditors | 31,495 |  | 308,879 |  |

| Accrued expenses | 557,010 |  | 303,386 |  |

1,918,921 |  | 1,389,063 |  |

| Just Automotive Solutions Ltd (Registered number: 04898938) |

Notes to the Financial Statements - continued

for the Year Ended 30 September 2025

13. | LEASING AGREEMENTS

| Minimum lease payments fall due as follows:

| Hire purchase |

| contracts |

2025 | 2024 |

£ | £ |

| Net obligations repayable:

| Within one year | 25,373 |  | - |  |

| Non-cancellable |

| operating leases |

2025 | 2024 |

£ | £ |

| Within one year | 6,708 |  | 8,850 |  |

| Between one and five years | 257,000 |  | 223,500 |  |

263,708 |  | 232,350 |  |

14. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

£ | £ |

| Deferred tax | 18,551 |  | 4,769 |  |

| Deferred |

| tax |

£ |

| Balance at 1 October 2024 | 4,769 |  |

| Charge to Income Statement during year | 13,782 |  |

| Accelerated capital allowances |

| Balance at 30 September 2025 | 18,551 |  |

15. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

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

| value: | £ | £ |

| 80 | Ordinary A | £1 | 80 |  | 80 |  |

| 20 | Ordinary B | £1 | 20 |  | 20 |  |

100 |  | 100 |  |

16. | RESERVES

| Retained

| earnings

£ |

| At 1 October 2024 | 2,275,225 |  |

| Profit for the year | 385,052 |  |

| Dividends | (37,500 | ) |

| At 30 September 2025 | 2,622,777 |  |

| Just Automotive Solutions Ltd (Registered number: 04898938) |

Notes to the Financial Statements - continued

for the Year Ended 30 September 2025

17. | PENSION COMMITMENTS

| The Company operates a defined contributions pension scheme. The pension cost charge represents contributions payable by the Company to the fund and amounted to £64,994 (2024: £87,006). Contributions totalling £nil (2024: £7,919) were payable to the fund at the balance sheet date and are included in creditors.

| The Company also made contributions to personal pension schemes of Directors and key management personnel in the year. The amount charged to the profit and loss account in respect of such contributions was £119,488 (2024: £83,850).

18. | RELATED PARTY DISCLOSURES

| 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.

19. | POST BALANCE SHEET EVENTS

| On 24 November 2025, the parent company underwent an ownership restructure in which a new company, Just Automotive Midco Limited, was inserted above the company. Control transferred from the previous shareholders to Just Automotive Midco Limited.

| On 25 November 2025, Just Automotive Midco Limited underwent an ownership restructure in which a new company, Just Automotive Group Limited, was inserted above them. Control transferred from the previous shareholders to Just Automotive Group Limited.

| This event did not relate to conditions existing at the balance sheet date and therefore no adjustments have been made to the financial statements. The directors do not consider the financial impact on the company to be material for the purposes of these financial statements.

20. | ULTIMATE CONTROLLING PARTY

| The controlling party is Just Automotive Holdings Limited via the 100% ownership of the shares at the year end. The ultimate controlling party in the current and previous year is Mr A K Morvinson.