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REGISTERED NUMBER: 00174963 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31 December 2025 |

| for |

| The Kingsmead Motor Company Limited |

| The Kingsmead Motor Company Limited (Registered number: 00174963) |

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 |

| The Kingsmead Motor Company Limited |

Company Information

for the Year Ended 31 December 2025

| DIRECTORS: | J C Stewart

| R Stewart

| SECRETARY: | R Stewart

| REGISTERED OFFICE: | Lennox House

| 3 Pierrepont Street

| Bath

| BA1 1LB

| REGISTERED NUMBER: | 00174963 (England and Wales)

| SOLICITORS: | Burges Salmon

| One Glass Wharf

| Bristol

| BS2 OZX

| The Kingsmead Motor Company Limited (Registered number: 00174963) |

Balance Sheet

31 December 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 61 |  | 82 |  |

Investment property | 5 | 1,742,434 |  | 1,742,434 |  |

1,742,495 |  | 1,742,516 |  |

CURRENT ASSETS

Debtors | 6 | 13,346 |  | 31,413 |  |

Cash at bank | 79,430 |  | 67,223 |  |

92,776 |  | 98,636 |  |

CREDITORS

Amounts falling due within one year | 7 | 164,278 |  | 177,508 |  |

NET CURRENT LIABILITIES | (71,502 | ) | (78,872 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,670,993 |  | 1,663,644 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (9,001 | ) | (9,001 | ) |

PROVISIONS FOR LIABILITIES | (60,735 | ) | (58,892 | ) |

NET ASSETS | 1,601,257 |  | 1,595,751 |  |

CAPITAL AND RESERVES

Called up share capital | 51,110 |  | 51,110 |  |

Capital redemption reserve | 16,800 |  | 16,800 |  |

Retained earnings | 1,533,347 |  | 1,527,841 |  |

SHAREHOLDERS' FUNDS | 1,601,257 |  | 1,595,751 |  |

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 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.

| The Kingsmead Motor Company Limited (Registered number: 00174963) |

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 Board of Directors and authorised for issue on 25 June 2026 and were signed on its behalf by:

J C Stewart - Director

| The Kingsmead Motor Company Limited (Registered number: 00174963) |

Notes to the Financial Statements

for the Year Ended 31 December 2025

1. | STATUTORY INFORMATION

| The Kingsmead Motor Company 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Tangible fixed assets

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

| Plant and machinery etc | - | 33% on straight line basis, 20% on reducing balance and 10% on straight line basis

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| 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

| 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.

| 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.

| Financial instruments

| Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

| The Kingsmead Motor Company Limited (Registered number: 00174963) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 4 (2024 - 4 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 January 2025

| and 31 December 2025 | 84,338 |  |

| DEPRECIATION

| At 1 January 2025 | 84,256 |  |

| Charge for year | 21 |  |

| At 31 December 2025 | 84,277 |  |

| NET BOOK VALUE

| At 31 December 2025 | 61 |  |

| At 31 December 2024 | 82 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 January 2025

| and 31 December 2025 | 1,742,434 |  |

| NET BOOK VALUE

| At 31 December 2025 | 1,742,434 |  |

| At 31 December 2024 | 1,742,434 |  |

| The directors feel that the value of the investment property accurately reflects the current market conditions.

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

2025 | 2024 |

£ | £ |

| Trade debtors | 12,718 |  | 24,078 |  |

| Other debtors | 628 |  | 7,335 |  |

13,346 |  | 31,413 |  |

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

2025 | 2024 |

£ | £ |

| Trade creditors | - |  | 1,236 |  |

| Taxation and social security | 32,443 |  | 31,909 |  |

| Other creditors | 131,835 |  | 144,363 |  |

164,278 |  | 177,508 |  |

| The Kingsmead Motor Company Limited (Registered number: 00174963) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

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

2025 | 2024 |

£ | £ |

| Other creditors | 9,001 |  | 9,001 |  |

9. | RELATED PARTY DISCLOSURES

| Included within other creditors is a total of £81,034 (2024 - £81,034) owed to the directors of the company or their immediate family members.

10. | ULTIMATE CONTROLLING PARTY

| The company is controlled by the directors, R Stewart and J C Stewart.

11. | RIGHTS ATTACHING TO SHARES

| Preference shares have a right to a cumulative dividend of 3.5% payable in priority to any ordinary

| dividend. On a winding up if surplus assets exist the amount paid up on the shares together with any

| arrears in dividends is payable to the holders of the preference shares. These shares are

| non-redeemable. The shares have no voting rights unless:

| (i) the fixed cumulative dividend thereon is in arrears and unpaid for more than six months;

| (ii) a resolution is to be proposed for winding up the company or reducing its share capital;

| (iii) a resolution is to be proposed modifying any rights or privileges attached to the shares.

| Where the above conditions are not met each share has one vote.

| Ordinary shares have a right to dividends after payment of the preference dividend according to the

| amount paid up or credited as paid up on each share. If surplus assets exist after payment of any

| amounts due on the preference shares of the company, then in the event of a winding up such a

| surplus will be payable to the holders of the ordinary shares according to the capital paid up or

| credited as paid up on such shares. The shares are non redeemable and carry one vote each.