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REGISTERED NUMBER: 12282256 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS

| FOR THE YEAR ENDED 31 OCTOBER 2025

| FOR

| K CONNECT LTD

K CONNECT LTD (REGISTERED NUMBER: 12282256)

CONTENTS OF THE FINANCIAL STATEMENTS

for the Year Ended 31 October 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

K CONNECT LTD

COMPANY INFORMATION

for the Year Ended 31 October 2025

| DIRECTOR: | C D Kirkwood

| REGISTERED OFFICE: | Carr Farm

| Rimswell

| Withernsea

| HU19 2BZ

| REGISTERED NUMBER: | 12282256 (England and Wales)

| ACCOUNTANTS: | Sowerby

| Chartered Accountants

| Beckside Court

| Annie Reed Road

| Beverley

| East Yorkshire

| HU17 0LF

K CONNECT LTD (REGISTERED NUMBER: 12282256)

BALANCE SHEET

31 October 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 275,547 |  | 262,215 |  |

Investments | 5 | 151 |  | 151 |  |

275,698 |  | 262,366 |  |

CURRENT ASSETS

Debtors | 6 | 638,002 |  | 650,311 |  |

Cash at bank and in hand | 6,473,436 |  | 6,674,826 |  |

7,111,438 |  | 7,325,137 |  |

CREDITORS

Amounts falling due within one year | 7 | 6,115,563 |  | 6,351,570 |  |

NET CURRENT ASSETS | 995,875 |  | 973,567 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,271,573 |  | 1,235,933 |  |

PROVISIONS FOR LIABILITIES | 68,887 |  | 30,570 |  |

NET ASSETS | 1,202,686 |  | 1,205,363 |  |

CAPITAL AND RESERVES

Called up share capital | 200 |  | 200 |  |

Retained earnings | 1,202,486 |  | 1,205,163 |  |

SHAREHOLDERS' FUNDS | 1,202,686 |  | 1,205,363 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

K CONNECT LTD (REGISTERED NUMBER: 12282256)

BALANCE SHEET - continued

31 October 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 June 2026 and were signed by:

C D Kirkwood - Director

K CONNECT LTD (REGISTERED NUMBER: 12282256)

NOTES TO THE FINANCIAL STATEMENTS

for the Year Ended 31 October 2025

1. | STATUTORY INFORMATION

| K Connect Limited is a private company, limited by shares, registered in England. The company's registered office is at Carr Farm, Rimswell, Withernsea, HU19 2BZ. The entity's registered number is 12282256.

| The principal activity of the company is Agricultural contracting.

| The financial statements have been presented in the Pound Sterling (£) as this is the functional currency of the company.

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.

| Having regard to liquidity risk, current market conditions and other factors affecting the company, the use of the going concern basis of accounting is appropriate as, in the opinion of the directors, there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.

| The directors, having taken into the factors discussed above as well as the uncertainties of the current economic environment, have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

| Turnover

| Turnover is the amount derived from ordinary activities, measured at the fair value of the consideration received or receivable. Turnover excludes value added tax and trade discounts.

| Turnover from the sale of goods is recognised at the point of sale.

| Turnover from services is recognised on completion of service, or when those services span the year end date, by reference to the stage of completion at the balance sheet date.

| 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 - 25% on a reducing balance basis

| Agricultural vehicles - 20% on a straight line bases

| Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost.

K CONNECT LTD (REGISTERED NUMBER: 12282256)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 October 2025

2. | ACCOUNTING POLICIES - continued

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2024 - 1 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

£ |

| COST

| At 1 November 2024 | 657,474 |  |

| Additions | 134,000 |  |

| At 31 October 2025 | 791,474 |  |

| DEPRECIATION

| At 1 November 2024 | 395,259 |  |

| Charge for year | 120,668 |  |

| At 31 October 2025 | 515,927 |  |

| NET BOOK VALUE

| At 31 October 2025 | 275,547 |  |

| At 31 October 2024 | 262,215 |  |

K CONNECT LTD (REGISTERED NUMBER: 12282256)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 October 2025

5. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertakings

£ |

| COST

| At 1 November 2024

| and 31 October 2025 | 151 |  |

| NET BOOK VALUE

| At 31 October 2025 | 151 |  |

| At 31 October 2024 | 151 |  |

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

2025 | 2024 |

£ | £ |

| Related parties | 634,727 |  | 647,287 |  |

| Prepayments | 3,275 |  | 3,024 |  |

638,002 |  | 650,311 |  |

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

2025 | 2024 |

£ | £ |

| Trade creditors | - |  | 9,836 |  |

| Amounts owed to group undertakings | 821,376 |  | 821,376 |  |

| Tax | 23,313 |  | 29,504 |  |

| VAT | 10,088 |  | 4,359 |  |

| Related parties | 5,258,653 |  | 5,483,800 |  |

| Directors' current accounts | 297 |  | 948 |  |

| Accrued expenses | 1,836 |  | 1,747 |  |

6,115,563 |  | 6,351,570 |  |

K CONNECT LTD (REGISTERED NUMBER: 12282256)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 October 2025

8. | RELATED PARTY DISCLOSURES

| CKL Properties Limited

| Mr C D Kirkwood, who is the director of K Connect Limited, is also a director of CKL Properties Limited. At the year end, the company is owed £501,800 by CKL Properties Limited (2024 - £501,800).

| K Fresh Limited

| Mr C D Kirkwood, who is the director of K Connect Limited, is also a director of K Fresh Limited. At the year end, K Connect Limited owes £3,758,653 to K Fresh Limited (2024 - £4,733,800).

| Keystore Limited

| Mr C D Kirkwood, who is the director of K Connect Limited, is also a director of Keystore Limited. At the year end, K Connect Limited owes £750,000 to Keystore Limited (2024 - £250,000).

| Eggsell Limited

| Mr C D Kirkwood, who is the director of K Connect Limited, is also a director of Eggsell Limited. At the year end, K Connect owes £750,000 to Eggsell Limited (2024 - £500,000).

| Energyforce Limited

| Mr C D Kirkwood, who is the director of K Connect Limited, is also a director of Energyforce Limited. At the year end, K Connect owes £821,376 to Energyforce Limited (2024 - £821,376).