The director of the company has elected not to include a copy of the income statement within the financial statements.true

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

WF PB Midco Limited is a private company limited by shares incorporated in England and Wales. The registered office is 1 Bramhall Place, Storeys Bar Road, Peterborough, PE1 5YS.

The company was incorporated on 5 July 2024 and these are the first financial statements presented since incorporation. The reporting period therefore covers from incorporation to 30 September 2025.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The financial statements have been prepared on a going concern basis. At the balance sheet date the company had net liabilities. The director has prepared cash flow forecasts for a period of at least twelve months from the date of approval of these financial statements which demonstrate that the company will be able to meet its liabilities as they fall due. The forecasts assume continued support from the company's subsidiary company, which the director has no reason to believe will not continue. Accordingly, the director considers it appropriate to prepare the financial statements on a going concern basis.true

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets, which include debtors, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method 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. Financial assets classified as receivable within one year are not amortised.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, 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. Financial liabilities classified as payable within one year are not amortised.

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

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

The tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Where items recognised in other comprehensive income or equity are chargeable to or deductible for tax purposes, the resulting current or deferred tax expense or income is presented in the same component of comprehensive income or equity as the transaction or other event that resulted in the tax expense or income. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Details of the company's subsidiaries at 30 September 2025 are as follows:

Unpaid share capital includes amounts of £18,406 for 290 Ordinary C shares with a nominal value of £0.01 and an amount of £0.58 for 58 Ordinary D shares with a nominal value of £0.01. Amounts exceeding the nominal value of the shares represent unpaid share premium.

Amounts owed to group undertakings are not secured, interest free and repayable on demand.

Other creditors relate to deferred consideration owed to the previous shareholders of WF Motor Trade Limited. This includes amounts as follows:

£583,334 of loan notes which are unsecured and repayable by instalments by 30 November 2026. Interest is charged at 5% per annum over the Bank of England base rate.

£342,078 of loan notes that are unsecured, interest free and repayable on a future exit event. These loan notes have been discounted to present value.

£2,647,433 owing to the parent company which is secured against the assets of the business, with interest being charged at 10% per annum. This balance is repayable by instalments by 30 November 2029.

The holders of A Ordinary share capital hold full voting rights and are entitled to receive any profits of the company available for distribution as the directors shall determine.

At 30 September 2025, there are no B Ordinary shares allotted.

The C Ordinary and D Ordinary share capital does not entitle the holders thereof to receive notice of, attend or vote at any general meeting of the company or to receive or vote on any written resolution of the Shareholders. The holders of these classes of shares are not entitled to receive any profits of the company available for distribution.

At the balance sheet date, 10,000 A Ordinary shares have been issued and are fully paid. In addition to this, 650 C Ordinary shares have been allotted, of which, 290 shares are unpaid. 130 D Ordinary shares have been allotted, of which, 58 shares are unpaid.

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006:

The auditor's report was unqualified.

At 30 September 2025, the company was controlled by its parent company, Park Lane Global Limited by virtue of its 92% holding of the share capital.

The director considers Ansar Khan to be the ultimate controlling party.

The parent Company, Park Lane Global Limited maintains a fixed and floating charge over all the assets and undertaking of the Company, present and future, including fixed charges over all assets, intellectual property rights, bank accounts and receivables, together with a floating charge over all other assets, granted to Park Lane Global Limited acting as security trustee for the benefit of the secured parties.