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REGISTERED NUMBER: 03268293 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 DECEMBER 2025 |

| FOR |

| NORTH STAR SUSSEX LIMITED |

NORTH STAR SUSSEX LIMITED (REGISTERED NUMBER: 03268293) |

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 |

| NORTH STAR SUSSEX LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2025

| DIRECTOR: | M L Buckle

| SECRETARY: | K Buckle

| REGISTERED OFFICE: | London Road

| Sayers Common

| West Sussex

| BN6 9HZ

| REGISTERED NUMBER: | 03268293 (England and Wales)

| ACCOUNTANTS: | Galloways Accounting (Hove) Limited

| 15 West Street

| Brighton

| East Sussex

| BN1 2RL

NORTH STAR SUSSEX LIMITED (REGISTERED NUMBER: 03268293) |

BALANCE SHEET

31 DECEMBER 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 53,618 |  | 65,544 |  |

CURRENT ASSETS

Stocks | 1,686,666 |  | 1,609,272 |  |

Debtors | 5 | 104,561 |  | 107,224 |  |

Cash in hand | 7,097 |  | 7,353 |  |

1,798,324 |  | 1,723,849 |  |

CREDITORS

Amounts falling due within one year | 6 | (1,277,906 | ) | (1,057,973 | ) |

NET CURRENT ASSETS | 520,418 |  | 665,876 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 574,036 |  | 731,420 |  |

CREDITORS

Amounts falling due after more than one year | 7 | - |  | (16,667 | ) |

PROVISIONS FOR LIABILITIES | (12,475 | ) | (16,386 | ) |

NET ASSETS | 561,561 |  | 698,367 |  |

CAPITAL AND RESERVES

Called up share capital | 10,000 |  | 10,000 |  |

Retained earnings | 551,561 |  | 688,367 |  |

561,561 |  | 698,367 |  |

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.

NORTH STAR SUSSEX LIMITED (REGISTERED NUMBER: 03268293) |

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 March 2026 and were signed by:

M L Buckle - Director

NORTH STAR SUSSEX LIMITED (REGISTERED NUMBER: 03268293) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1. | STATUTORY INFORMATION

| North Star Sussex 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.

| Turnover

| Turnover represents sales of goods net of VAT and trade discounts. Turnover is recognised when the goods are physically delivered to the customer.

| Turnover comprises sales of second hand motor vehicles.

| Tangible fixed assets

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

| Short leasehold | - | 10% on cost

| Fixtures and fittings | - | 25% on reducing balance

| Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

| Stocks

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

| Financial instruments

| Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

NORTH STAR SUSSEX LIMITED (REGISTERED NUMBER: 03268293) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

2. | ACCOUNTING POLICIES - continued

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| 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

| The average number of employees during the year was 19 (2024 - 20 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Short |  | and |

| leasehold |  | fittings |  | Totals

£ | £ | £ |

| COST

| At 1 January 2025 | 7,671 |  | 156,899 |  | 164,570 |  |

| Additions | - |  | 4,534 |  | 4,534 |  |

| At 31 December 2025 | 7,671 |  | 161,433 |  | 169,104 |  |

| DEPRECIATION

| At 1 January 2025 | 2,301 |  | 96,725 |  | 99,026 |  |

| Charge for year | 767 |  | 15,693 |  | 16,460 |  |

| At 31 December 2025 | 3,068 |  | 112,418 |  | 115,486 |  |

| NET BOOK VALUE

| At 31 December 2025 | 4,603 |  | 49,015 |  | 53,618 |  |

| At 31 December 2024 | 5,370 |  | 60,174 |  | 65,544 |  |

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

2025 | 2024 |

£ | £ |

| Trade debtors | - |  | 5 |  |

| Amounts owed by associates | 1,000 |  | 900 |  |

| Directors' loan accounts | 66,658 |  | 66,659 |  |

| Tax | 23,677 |  | 23,677 |  |

| Prepayments | 13,226 |  | 15,983 |  |

104,561 |  | 107,224 |  |

NORTH STAR SUSSEX LIMITED (REGISTERED NUMBER: 03268293) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

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

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 1,102,565 |  | 880,348 |  |

| Hire purchase contracts | - |  | 5,705 |  |

| Trade creditors | 93,924 |  | 57,798 |  |

| Tax | 25,544 |  | 40,147 |  |

| Social security and other taxes | 29,089 |  | 13,060 |  |

| VAT | 13,293 |  | 57,167 |  |

| Other creditors | 594 |  | 1,000 |  |

| Deferred income | 3,200 |  | - |  |

| Accrued expenses | 9,697 |  | 2,748 |  |

1,277,906 |  | 1,057,973 |  |

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

2025 | 2024 |

£ | £ |

| Bank loans - 1-2 years | - |  | 16,667 |  |

8. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Bank loans | 16,667 |  | 56,667 |  |

| There is a fixed and floating charge, containing a negative pledge, which covers the company's assets.

9. | 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:

|  | 2025 |  |  | 2024 |

|  | £ |  |  | £ |

| Balance outstanding at start of the year |  | 66,659 |  |  | 70,568 |

| Amounts advanced |  | 110,392 |  |  | 64,291 |

| Amounts repaid |  | (110,393 | ) |  | (68,200 | )

| Balance outstanding at end of the year |  | 66,658 |  |  | 66,659 |

| The director's loan is not secured, it is repayable on demand and interest is charged on the loan at HMRC's official rate.