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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

D R S Assets Limited is a private company limited by shares incorporated in England and Wales. The registered office is 36 Compass Point, Market Harborough, Leicestershire, United Kingdom, LE16 9HW.

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 directors have considered ongoing cash flow requirements and available resources for a period of at least 12 months from the date of signing these financial statements and are of the view that the company has sufficient resources available to continue in operational existence for the foreseeable future. As such the financial statements have been prepared on the going concern basis.true

Revenue comprises rental income arising from the use of property, net of value added tax and any other applicable sales taxes. Revenue is recognised on a straight‑line basis over the period in which the property is made available to the occupant, reflecting the pattern in which the company fulfils its obligations to provide access to the premises.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. After initial recognition, investment properties are measured at fair value each year. Any change in fair value is recognised in the profit and loss account.

The company only has financial instrurments that are classified as basic financial instruments.

Financial instruments are recognised in the company's balance sheet 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 amounts due from group undertakings and cash and bank balances, are initially measured at transaction price and are subsequently carried at amortised cost using the effective interest method less impairment.

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

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

In the application of the company’s accounting policies, the directors are 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.

The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are as follows.

The most significant source of estimation uncertainty is the determination of the fair value of investment properties at the reporting date. Fair value is based on market conditions and assumptions regarding yields, rental levels, occupancy, and comparable sales.

The average monthly number of persons (including directors) employed by the company during the year was:

The Directors are all employed by other companies in the Rieker group. No employee expenses have been borne in D R S Assets Limited.

Investment property is carried at fair value. The directors have assessed the fair value of the property at the reporting date based on available market evidence, including recent comparable transactions, rental income levels, and yields for similar properties in the local market. Changes in fair value are recognised in the profit and loss account. No independent valuer was engaged; the valuation was performed by the directors based on management’s review of market data and comparable evidence. The directors have assessed the fair value at the reporting date and concluded that it is materially the same as cost, due to the timing of the property addition and no indicators suggest a change in value.

Amounts owed by group undertakings are unsecured, bear no interest and are repayable on demand.

On 2 April 2025 the company entered into a loan agreement with another company within the same group for £18.6m. The loan agreement ends on 31 December 2035 but is automatically extended for a further year if it is not terminated in writing by one party to the other with 3 months notice to the respective expiry date.

Repayments are made at 1% of the loan debt each year and interest is charged on the loan at SARON interest rate plus 3%. During the year to 31 December 2025 interest of £417,392 was charged to the profit and loss account in respect of this loan.

On 2 April 2025 the company entered into a loan agreement with another company within the same group for £18.6m. The loan agreement ends on 31 December 2035 but is automatically extended for a further year if it is not terminated in writing by one party to the other with 3 months notice to the respective expiry date.

Repayments are made at 1% of the loan debt each year and interest is charged on the loan at SARON interest rate plus 3%. During the year to 31 December 2025 interest of £417,392 was charged to the profit and loss account in respect of this loan.

During the year, the company issued 1,500,000 ordinary shares with a nominal value of £1 each, at par.

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 is unqualified and includes the following:

The Company has taken the exemption under paragraph 33.1A of FRS 102 which permits non disclosure of transactions that have taken place between two or more members of the group, provided that any subsidiary which is a party to the transaction is wholly owned by such a member.

The immediate and ultimate parent undertaking is RIMO Holding A.G. a company incorporated in Switzerland, and is the smallest and largest company for which consolidated accounts including D R S Assets Limited are prepared.