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REGISTERED NUMBER: 03542850 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 DECEMBER 2025 |

| FOR |

| KCS OF SURREY LIMITED |

KCS OF SURREY LIMITED (REGISTERED NUMBER: 03542850)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

KCS OF SURREY LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2025

| DIRECTOR: | S Purvis

| SECRETARY: | A J Purvis

| REGISTERED OFFICE: | Ground Floor

| Egerton House

| 68 Baker Street

| Weybridge

| Surrey

| KT13 8AL

| REGISTERED NUMBER: | 03542850 (England and Wales)

| ACCOUNTANTS: | RJP LLP

| Ground Floor

| Egerton House

| 68 Baker Street

| Weybridge

| Surrey

| KT13 8AL

KCS OF SURREY LIMITED (REGISTERED NUMBER: 03542850)

BALANCE SHEET

31 DECEMBER 2025

| 31.12.25 | 31.12.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 6,522 |  | 8,737 |  |

Investment property | 5 | 160,000 |  | 160,000 |  |

166,522 |  | 168,737 |  |

CURRENT ASSETS

Stocks | 6 | 1,491,476 |  | 1,482,487 |  |

Debtors | 7 | 1,056,950 |  | 845,652 |  |

2,548,426 |  | 2,328,139 |  |

CREDITORS

Amounts falling due within one year | 8 | 1,596,547 |  | 1,802,883 |  |

NET CURRENT ASSETS | 951,879 |  | 525,256 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,118,401 |  | 693,993 |  |

CREDITORS

Amounts falling due after more than one year | 9 | (498,521 | ) | (79,551 | ) |

PROVISIONS FOR LIABILITIES | 11 | (1,630 | ) | (1,818 | ) |

NET ASSETS | 618,250 |  | 612,624 |  |

CAPITAL AND RESERVES

Called up share capital | 12 | 2 |  | 2 |  |

Share premium | 7,661 |  | 7,661 |  |

Retained earnings | 610,587 |  | 604,961 |  |

SHAREHOLDERS' FUNDS | 618,250 |  | 612,624 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

KCS OF SURREY LIMITED (REGISTERED NUMBER: 03542850)

BALANCE SHEET - continued

31 DECEMBER 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 director and authorised for issue on 21 April 2026 and were signed by:

S Purvis - Director

KCS OF SURREY LIMITED (REGISTERED NUMBER: 03542850)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1. | STATUTORY INFORMATION

| KCS of Surrey 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 invoiced sales of second hand cars. Turnover is recognised when the vehicle is collected by the customer.

| 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 | - | 25% on cost

| Plant and machinery | - | 25% on cost

| Fixtures and fittings | - | 25% on cost

| Computer equipment | - | 25% on cost

| Investment property

| In accordance with FRS 102: Investment property is property (land or building, or part of a building, or both) held by the owner or by the lessee under a finance lease to earn rentals or for capital appreciation or both. An entity shall measure investment property at its initial recognition. The cost of a purchased investment property comprises its purchase price and any directly attributable expenditure such as legal and brokerage fees, property transfer taxes and other transaction costs. Investment property whose fair value can be measured reliably without undue cost or effort shall be measured at fair value at each reporting date with changes in fair value recognised in profit or loss.

| The directors consider that the value included in the accounts is a fair valuation of the property's market value at the balance sheet date.

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Cost is defined as the actual cost of vehicles purchased and the costs incurred to make the vehicle fit for resale. Net realisable value is defined as the expected selling price less any expected future costs.

KCS OF SURREY LIMITED (REGISTERED NUMBER: 03542850)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

2. | ACCOUNTING POLICIES - continued

| 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 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. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 16 (2024 - 16 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 January 2025 | 250,708 |  |

| Additions | 4,054 |  |

| At 31 December 2025 | 254,762 |  |

| DEPRECIATION

| At 1 January 2025 | 241,971 |  |

| Charge for year | 6,269 |  |

| At 31 December 2025 | 248,240 |  |

| NET BOOK VALUE

| At 31 December 2025 | 6,522 |  |

| At 31 December 2024 | 8,737 |  |

KCS OF SURREY LIMITED (REGISTERED NUMBER: 03542850)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 January 2025

| and 31 December 2025 | 160,000 |  |

| NET BOOK VALUE

| At 31 December 2025 | 160,000 |  |

| At 31 December 2024 | 160,000 |  |

| Investment property was valued on an open market basis on 31 December 2025 by the director.

6. | STOCKS

| 31.12.25 |  | 31.12.24

£ | £ |

| Stocks | 1,491,476 |  | 1,482,487 |  |

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

| 31.12.25 |  | 31.12.24

£ | £ |

| Trade debtors | 303,640 |  | 165,058 |  |

| Other debtors | 753,310 |  | 680,594 |  |

1,056,950 |  | 845,652 |  |

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

| 31.12.25 |  | 31.12.24

£ | £ |

| Bank loans and overdrafts | 244,825 |  | 170,667 |  |

| Trade creditors | 112,034 |  | 183,616 |  |

| Taxation and social security | 112,055 |  | 101,480 |  |

| Other creditors | 1,127,633 |  | 1,347,120 |  |

1,596,547 |  | 1,802,883 |  |

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

| 31.12.25 |  | 31.12.24

£ | £ |

| Bank loans | 498,521 |  | 79,551 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more than 5 years | 279,866 |  | - |  |

KCS OF SURREY LIMITED (REGISTERED NUMBER: 03542850)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

10. | SECURED DEBTS

| The following secured debts are included within creditors:

| 31.12.25 |  | 31.12.24

£ | £ |

| Bank overdrafts | 171,316 |  | 117,451 |  |

| Bank loans | 572,030 |  | 132,767 |  |

| Used car stocking loan | 692,317 |  | 918,937 |  |

1,435,663 |  | 1,169,155 |  |

| National Westminster Bank Plc holds a fixed and floating charge dated 12 October 2003 over the assets of the company. They also hold a legal charge over the investment property dated 16 March 2018.

11. | PROVISIONS FOR LIABILITIES

| 31.12.25 |  | 31.12.24

£ | £ |

| Deferred tax | 1,630 |  | 1,818 |  |

| Deferred |

| tax |

£ |

| Balance at 1 January 2025 | 1,818 |  |

| Deferred tax | (188 | ) |

| Balance at 31 December 2025 | 1,630 |  |

12. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.12.25 |  | 31.12.24

| value: | £ | £ |

| 100 | Ordinary A Shares | £0.01 | 1 |  | 1 |  |

| 100 | Ordinary B Shares | £0.01 | 1 |  | 1 |  |

| 24 | Ordinary C Shares | £0.01 | - |  | - |  |

2 |  | 2 |  |

13. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

| 31.12.25 |  | 31.12.24

£ | £ |

| Director

| Balance outstanding at start of year | 281,957 |  | (122,175 | ) |

| Amounts advanced | 324,602 |  | 693,775 |  |

| Amounts repaid | (691,963 | ) | (289,643 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | (85,404 | ) | 281,957 |  |

| Interest has been paid at 2.25% and 3.75% until the loan was repaid.

KCS OF SURREY LIMITED (REGISTERED NUMBER: 03542850)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

14. | RELATED PARTY DISCLOSURES

| At the balance sheet date the company owed £3,699 to a shareholder with a participating interest in the company (2024 - £44,094 was owed by the shareholder). Interest has been paid on the loan at 2.25% until it was repaid.