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REGISTERED NUMBER: 05634600 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 30 NOVEMBER 2025 |

| FOR |

| METCREST LIMITED |

| METCREST LIMITED (REGISTERED NUMBER: 05634600) |

CONTENTS OF THE FINANCIAL STATEMENTS

for the Year Ended 30 NOVEMBER 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| METCREST LIMITED |

COMPANY INFORMATION

for the Year Ended 30 NOVEMBER 2025

| DIRECTORS: | Mr S A Doyle

| Mrs L C Doyle

| REGISTERED OFFICE: | 260 - 270

| Butterfield

| Great Marlings

| Luton

| Bedfordshire

| LU2 8DL

| BUSINESS ADDRESS: | Kitchen End House

| Kitchen End

| Silsoe

| Beds

| MK45 4QT

| REGISTERED NUMBER: | 05634600 (England and Wales)

| ACCOUNTANTS: | Foxley Kingham

| Chartered Accountants

| 260 - 270 Butterfield

| Great Marlings

| Luton

| Bedfordshire

| LU2 8DL

| METCREST LIMITED (REGISTERED NUMBER: 05634600) |

BALANCE SHEET

30 NOVEMBER 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 426 |  | 568 |  |

Investment property | 5 | 6,440,000 |  | 5,175,000 |  |

6,440,426 |  | 5,175,568 |  |

CURRENT ASSETS

Debtors | 6 | 1,369,156 |  | 1,387,973 |  |

Cash at bank | 10,932 |  | 32,556 |  |

1,380,088 |  | 1,420,529 |  |

CREDITORS

Amounts falling due within one year | 7 | 4,128,956 |  | 471,731 |  |

NET CURRENT (LIABILITIES)/ASSETS | (2,748,868 | ) | 948,798 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 3,691,558 |  | 6,124,366 |  |

CREDITORS

Amounts falling due after more than one year | 8 | - |  | (3,673,616 | ) |

PROVISIONS FOR LIABILITIES | 11 | (756,245 | ) | (439,995 | ) |

NET ASSETS | 2,935,313 |  | 2,010,755 |  |

CAPITAL AND RESERVES

Called up share capital | 2 |  | 2 |  |

Fair value reserve | 12 | 2,979,521 |  | 2,030,771 |  |

Retained earnings | (44,210 | ) | (20,018 | ) |

SHAREHOLDERS' FUNDS | 2,935,313 |  | 2,010,755 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

| METCREST LIMITED (REGISTERED NUMBER: 05634600) |

BALANCE SHEET - continued

30 NOVEMBER 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 10 April 2026 and were signed on its behalf by:

Mr S A Doyle - Director

| METCREST LIMITED (REGISTERED NUMBER: 05634600) |

NOTES TO THE FINANCIAL STATEMENTS

for the Year Ended 30 NOVEMBER 2025

1. | STATUTORY INFORMATION

| Metcrest 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 as modified by the revaluation of certain assets.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable for rentals supplied. Revenue from the rentals supplied is recognised when the significant risks and rewards of ownership have transferred to the buyer; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

| Tangible fixed assets

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

| Computer equipment | - | 25% on reducing balance

| Tangible fixed assets are initially measured at cost and subsequently at cost or valuation, net of depreciation and any impairment losses.

| The gain or loss arising on disposal of an asset is determined at the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to the profit or loss.

| Investment property

| Investment property is initially included at cost and subsequently included at fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the

| property is sold.

| In accordance with the FRS 102 section 1A, fair value gains and losses are accounted for under the Fair Value Accounting Rules and hence are taken to income statement. No depreciation is provided in respect of investment properties.

| 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.

| METCREST LIMITED (REGISTERED NUMBER: 05634600) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 30 NOVEMBER 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2024 - 2 ) .

4. | TANGIBLE FIXED ASSETS

| Computer

| equipment

£ |

| COST

| At 1 December 2024

| and 30 November 2025 | 1,010 |  |

| DEPRECIATION

| At 1 December 2024 | 442 |  |

| Charge for year | 142 |  |

| At 30 November 2025 | 584 |  |

| NET BOOK VALUE

| At 30 November 2025 | 426 |  |

| At 30 November 2024 | 568 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 December 2024 | 5,175,000 |  |

| Revaluations | 1,265,000 |  |

| At 30 November 2025 | 6,440,000 |  |

| NET BOOK VALUE

| At 30 November 2025 | 6,440,000 |  |

| At 30 November 2024 | 5,175,000 |  |

| Fair value at 30 November 2025 is represented by:

£ |

| Valuation in 2025 | 6,440,000 |  |

| METCREST LIMITED (REGISTERED NUMBER: 05634600) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 30 NOVEMBER 2025

5. | INVESTMENT PROPERTY - continued

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

2025 | 2024 |

£ | £ |

| Cost | 2,704,234 |  | 2,704,234 |  |

| Investment property was valued on an open market value basis on 30 November 2025 by independent valuers .

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

2025 | 2024 |

£ | £ |

| Trade debtors | 2,963 |  | 4,763 |  |

| Other debtors | 1,366,193 |  | 1,383,210 |  |

1,369,156 |  | 1,387,973 |  |

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

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts (see note 9) | 3,673,616 |  | - |  |

| Trade creditors | 256 |  | 42 |  |

| Taxation and social security | (157 | ) | - |  |

| Directors' loan accounts | 452,901 |  | 458,674 |  |

| Accruals and deferred income | 2,340 |  | 13,015 |  |

4,128,956 |  | 471,731 |  |

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

2025 | 2024 |

£ | £ |

| Other loans (see note 9) | - |  | 3,673,616 |  |

9. | LOANS

| An analysis of the maturity of loans is given below:

2025 | 2024 |

£ | £ |

| Amounts falling due within one year or on demand:

| Mortgages | 3,673,616 |  | - |  |

| Amounts falling due between one and two years:

| Mortgages | - |  | 3,673,616 |  |

| METCREST LIMITED (REGISTERED NUMBER: 05634600) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 30 NOVEMBER 2025

10. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Mortgages | 3,673,616 |  | - |  |

| Mortgage | - |  | 3,673,616 |  |

3,673,616 |  | 3,673,616 |  |

| Security is provided by way of fixed and floating charges over the company's assets.

11. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

£ | £ |

| Deferred tax | 756,245 |  | 439,995 |  |

| Deferred |

| tax |

£ |

| Balance at 1 December 2024 | 439,995 |  |

| Provided during year | 316,250 |  |

| Balance at 30 November 2025 | 756,245 |  |

12. | RESERVES

| Fair

| value

| reserve

£ |

| At 1 December 2024 | 2,030,771 |  |

| Reserve transfer | 948,750 |  |

| At 30 November 2025 | 2,979,521 |  |