IRIS Accounts Production v26.1.0.640 00331295 Board of Directors 1.1.25 31.12.25 31.12.25 Medium entities The principal activity of the company during the year was the sale of new and partly-used vehicles and related products and services through the operation of a Ford Main Dealership. true false true true false false true false These accounts have been prepared in accordance with the provisions applicable to companies subject to the medium-sized companies regime. Fair value model 6% Preference shares 1.00000 Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 00331295 2024-12-31 00331295 2025-12-31 00331295 2025-01-01 2025-12-31 00331295 2023-12-31 00331295 2024-01-01 2024-12-31 00331295 2024-12-31 00331295 ns15:EnglandWales 2025-01-01 2025-12-31 00331295 ns14:PoundSterling 2025-01-01 2025-12-31 00331295 ns10:Director1 2025-01-01 2025-12-31 00331295 ns10:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 00331295 ns10:MediumEntities 2025-01-01 2025-12-31 00331295 ns10:Audited 2025-01-01 2025-12-31 00331295 ns10:Medium-sizedCompaniesRegimeForDirectorsReport 2025-01-01 2025-12-31 00331295 ns10:Medium-sizedCompaniesRegimeForAccounts 2025-01-01 2025-12-31 00331295 ns10:FullAccounts 2025-01-01 2025-12-31 00331295 ns10:PreferenceShareClass1 2025-01-01 2025-12-31 00331295 ns10:OrdinaryShareClass2 2025-01-01 2025-12-31 00331295 ns10:Director2 2025-01-01 2025-12-31 00331295 ns10:RegisteredOffice 2025-01-01 2025-12-31 00331295 ns5:CurrentFinancialInstruments 2025-12-31 00331295 ns5:CurrentFinancialInstruments 2024-12-31 00331295 ns5:Non-currentFinancialInstruments 2025-12-31 00331295 ns5:Non-currentFinancialInstruments 2024-12-31 00331295 ns5:ShareCapital 2025-12-31 00331295 ns5:ShareCapital 2024-12-31 00331295 ns5:RetainedEarningsAccumulatedLosses 2025-12-31 00331295 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 00331295 ns5:ShareCapital 2023-12-31 00331295 ns5:RetainedEarningsAccumulatedLosses 2023-12-31 00331295 ns5:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 00331295 ns5:RetainedEarningsAccumulatedLosses 2025-01-01 2025-12-31 00331295 1 2025-01-01 2025-12-31 00331295 ns5:OwnedAssets 2025-01-01 2025-12-31 00331295 ns5:OwnedAssets 2024-01-01 2024-12-31 00331295 1 2025-01-01 2025-12-31 00331295 1 2024-01-01 2024-12-31 00331295 7 2025-01-01 2025-12-31 00331295 7 2024-01-01 2024-12-31 00331295 ns10:OrdinaryShareClass2 2024-01-01 2024-12-31 00331295 ns5:LandBuildings 2024-12-31 00331295 ns5:PlantMachinery 2024-12-31 00331295 ns5:LandBuildings 2025-01-01 2025-12-31 00331295 ns5:PlantMachinery 2025-01-01 2025-12-31 00331295 ns5:LandBuildings 2025-12-31 00331295 ns5:PlantMachinery 2025-12-31 00331295 ns5:LandBuildings 2024-12-31 00331295 ns5:PlantMachinery 2024-12-31 00331295 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-12-31 00331295 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 00331295 ns10:PreferenceShareClass1 2025-12-31 00331295 ns10:OrdinaryShareClass2 2025-12-31

REGISTERED NUMBER: 00331295 (England and Wales)

Strategic Report, Report of the Directors and

Financial Statements for the Year Ended 31 December 2025

for

Motors (Coalville) Limited

| Motors (Coalville) Limited (Registered number: 00331295) |

Contents of the Financial Statements

for the Year Ended 31 December 2025

Page |

| Company Information | 1 |

| Strategic Report | 2 |

| Report of the Directors | 3 |

| Report of the Independent Auditors | 4 |

| Statement of Comprehensive Income | 8 |

| Balance Sheet | 9 |

| Statement of Changes in Equity | 10 |

| Cash Flow Statement | 11 |

| Notes to the Cash Flow Statement | 12 |

| Notes to the Financial Statements | 13 |

| Motors (Coalville) Limited |

Company Information

for the Year Ended 31 December 2025

| DIRECTORS: | R M Dalby

| D M Balls

| REGISTERED OFFICE: | Park House

| 37 Clarence Street

| Leicester

| Leicestershire

| LE1 3RW

| BUSINESS ADDRESS: | Hotel Street

| Coalville

| Leicestershire

| LE67 3EQ

| REGISTERED NUMBER: | 00331295 (England and Wales)

| AUDITORS: | Duncan & Toplis Audit Limited

| Statutory Auditor

| Park House

| 37 Clarence Street

| Leicester

| Leicestershire

| LE1 3RW

| Motors (Coalville) Limited (Registered number: 00331295) |

Strategic Report

for the Year Ended 31 December 2025

The directors present their strategic report for the year ended 31 December 2025.

REVIEW OF BUSINESS

The principal activity of the company during the year was the sale of used vehicles and related products and services.

The year under review has seen gross profit margin improve slightly. The losses in the year are expected as the company is still transitioning this year to the sole sale of used vehicles. The directors are content with this result in the context of what is a very competitive market place. Under prevailing market conditions, the results are considered to be satisfactory and much credit is due to the management and staff throughout the company.

PRINCIPAL RISKS AND UNCERTAINTIES

As a retailer, the company is dependent on retaining the loyalty of both its customers and its suppliers. For customers this is addressed by maintaining a constant focus on customer service and quality as well as providing a wide product offering alongside subsidiary services such as parts and servicing.

KEY PERFORMANCE INDICATORS

The directors use a number of performance indicators, both financial and non-financial. However, turnover together with the cost of sourcing the cars sold, is of primary importance in ensuring the successful management of the company. The company also hopes to maintain a positive current asset position. These details appear on pages 8 and 9 and have also been discussed above.

FUTURE DEVELOPMENTS

The directors consider that the company's market place will remain very competitive in the foreseeable future and opportunities for future expansion will therefore be limited. However, the directors believe that high level of service and strong management team the company is well placed to take advantage of every opportunity in the coming year.

ON BEHALF OF THE BOARD:

R M Dalby - Director

5 May 2026

| Motors (Coalville) Limited (Registered number: 00331295) |

Report of the Directors

for the Year Ended 31 December 2025

The directors present their report with the financial statements of the company for the year ended 31 December 2025.

DIVIDENDS

Dividends paid on the ordinary share capital during the year ended 31 December 2025 amounted to £58,000 (2024 - £58,000).

DIRECTORS

R M Dalby has held office during the whole of the period from 1 January 2025 to the date of this report.

Other changes in directors holding office are as follows:

D M Balls - appointed 9 January 2025

FINANCIAL INSTRUMENTS

The company does not actively use financial instruments as part of its financial risk management therefore only basic financial instruments are used, such as cash and various items arising directly from operations (such as trade debtors and trade creditors). The use of these basic financial instruments is managed by design and implementation of policies and procedures covering working capital management, credit control and cash management. Liquidity risk is minimal given the company's healthy cash balance and credit checks are implemented when new customers are taken on thereby ensuring any credit risk is effectively managed.

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Strategic Report, the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

- | select suitable accounting policies and then apply them consistently;

- | make judgements and accounting estimates that are reasonable and prudent;

- | prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

ON BEHALF OF THE BOARD:

R M Dalby - Director

5 May 2026

Report of the Independent Auditors to the Members of

Motors (Coalville) Limited

Opinion

We have audited the financial statements of Motors (Coalville) Limited (the 'company') for the year ended 31 December 2025 which comprise the Statement of Comprehensive Income, Balance Sheet, Statement of Changes in Equity, Cash Flow Statement and Notes to the Cash Flow Statement, Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

- | give a true and fair view of the state of the company's affairs as at 31 December 2025 and of its loss for the year then ended;

- | have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

- | have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The directors are responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

- | the information given in the Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- | the Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

Report of the Independent Auditors to the Members of

Motors (Coalville) Limited

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

- | adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

- | the financial statements are not in agreement with the accounting records and returns; or

- | certain disclosures of directors' remuneration specified by law are not made; or

- | we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the Statement of Directors' Responsibilities set out on page three, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Report of the Independent Auditors to the Members of

Motors (Coalville) Limited

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Extent to which the audit was considered capable of detecting irregularities, including fraud

The capability to detect irregularities is based on the auditor identifying and assessing the risks of material misstatement of the financial statements, whether due to fraud or error, and then designing and performing audit procedures responsive to those risks, including obtaining audit evidence that is sufficient and appropriate to provide a basis for our opinion.

a) Identifying and assessing potential risks related to irregularities

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, the following approach was taken:

- |  | Understanding the nature of the industry and sector, control environment and business performance; |

- |  | Consideration of the results of our enquiries of management and those charged with governance about their own identification and assessment of the risks of irregularities; |

- |  | Understanding the company's policies and procedures on compliance with laws and regulations and management of fraud risk, including documentation of instances of non-compliance of laws and regulations and instances of actual, suspected or alleged fraud; |

- |  | Consideration of matters discussed among the audit engagement team regarding how and where fraud might occur in the financial statements and any potential indicators of fraud; |

- |  | Understanding the legal and regulatory frameworks that the company operates in through enquiry of management and those charged with governance and understanding the company's industry and sector. The key laws and regulations that were considered to have an effect on material amounts and disclosures in the financial statements included the Companies Act and tax legislation. |

b) Audit response to risks identified

Based on this understanding, the following audit procedures were designed and performed to respond to the risks identified:

- |  | Reviewing the financial statement disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations described as having a direct effect on the financial statements; |

- |  | Enquiring of management, those charged with governance and, where applicable, the company's solicitors concerning actual and potential litigation and claims; |

- |  | Performing analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud; |

- |  | Reviewing minutes of meetings of those charged with governance and, where applicable, correspondence with regulators; |

- |  | Performing audit work over the risk of management override of controls, including testing of journal entries and other adjustments for appropriateness and evaluating the business rationale of significant transactions outside the normal course of business; |

- |  | Communication of potential fraud risks to all engagement team members and remaining alert to any indications of fraud or non-compliance with laws and regulations throughout the audit. |

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

Report of the Independent Auditors to the Members of

Motors (Coalville) Limited

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Mark Torr (Senior Statutory Auditor)

for and on behalf of Duncan & Toplis Audit Limited

Statutory Auditor

Park House

37 Clarence Street

Leicester

Leicestershire

LE1 3RW

12 May 2026

| Motors (Coalville) Limited (Registered number: 00331295) |

Statement of Comprehensive

Income

for the Year Ended 31 December 2025

| 31.12.25 |  | 31.12.24

| Notes | £ | £ |

TURNOVER | 11,285,383 |  | 10,851,990 |  |

Cost of sales | (10,855,738 | ) | (10,451,019 | ) |

GROSS PROFIT | 429,645 |  | 400,971 |  |

Administrative expenses | (566,371 | ) | (518,679 | ) |

(136,726 | ) | (117,708 | ) |

Other operating income | 71,500 |  | 66,000 |  |

OPERATING LOSS | 4 | (65,226 | ) | (51,708 | ) |

Interest receivable and similar income | 10,600 |  | 13,916 |  |

(54,626 | ) | (37,792 | ) |

Interest payable and similar expenses | 5 | (233 | ) | (180 | ) |

LOSS BEFORE TAXATION | (54,859 | ) | (37,972 | ) |

Tax on loss | 6 | - |  | - |  |

LOSS FOR THE FINANCIAL YEAR | (54,859 | ) | (37,972 | ) |

OTHER COMPREHENSIVE INCOME | - |  | - |  |

TOTAL COMPREHENSIVE INCOME FOR THE YEAR | (54,859 | ) | (37,972 | ) |

| Motors (Coalville) Limited (Registered number: 00331295) |

Balance Sheet

31 December 2025

| 31.12.25 |  | 31.12.24

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 8 | 935,158 |  | 944,768 |  |

Investment property | 9 | 1,311,555 |  | 1,311,555 |  |

2,246,713 |  | 2,256,323 |  |

CURRENT ASSETS

Stocks | 10 | 2,872,002 |  | 3,094,001 |  |

Debtors | 11 | 157,124 |  | 151,807 |  |

Cash at bank and in hand | 501,602 |  | 446,625 |  |

3,530,728 |  | 3,692,433 |  |

CREDITORS

Amounts falling due within one year | 12 | (181,618 | ) | (240,074 | ) |

NET CURRENT ASSETS | 3,349,110 |  | 3,452,359 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 5,595,823 |  | 5,708,682 |  |

CREDITORS

Amounts falling due after more than one year | 13 | (3,000 | ) | (3,000 | ) |

NET ASSETS | 5,592,823 |  | 5,705,682 |  |

CAPITAL AND RESERVES

Called up share capital | 15 | 29,000 |  | 29,000 |  |

Retained earnings | 16 | 5,563,823 |  | 5,676,682 |  |

SHAREHOLDERS' FUNDS | 5,592,823 |  | 5,705,682 |  |

The financial statements were approved by the Board of Directors and authorised for issue on 5 May 2026 and were signed on its behalf by:

R M Dalby - Director

| Motors (Coalville) Limited (Registered number: 00331295) |

Statement of Changes in Equity

for the Year Ended 31 December 2025

| Called up |

| share |  | Retained |  | Total

| capital |  | earnings |  | equity

£ | £ | £ |

Balance at 1 January 2024 | 29,000 |  | 5,772,654 |  | 5,801,654 |  |

Changes in equity

Dividends | - |  | (58,000 | ) | (58,000 | ) |

Total comprehensive income | - |  | (37,972 | ) | (37,972 | ) |

Balance at 31 December 2024 | 29,000 |  | 5,676,682 |  | 5,705,682 |  |

Changes in equity

Dividends | - |  | (58,000 | ) | (58,000 | ) |

Total comprehensive income | - |  | (54,859 | ) | (54,859 | ) |

Balance at 31 December 2025 | 29,000 |  | 5,563,823 |  | 5,592,823 |  |

| Motors (Coalville) Limited (Registered number: 00331295) |

Cash Flow Statement

for the Year Ended 31 December 2025

| 31.12.25 |  | 31.12.24

| Notes | £ | £ |

Cash flows from operating activities

Cash generated from operations | 1 | 104,522 |  | 41,578 |  |

Interest paid | (53 | ) | - |  |

Finance costs paid | (180 | ) | (180 | ) |

Net cash from operating activities | 104,289 |  | 41,398 |  |

Cash flows from investing activities

Purchase of tangible fixed assets | (1,912 | ) | (350 | ) |

Interest received | 10,600 |  | 13,915 |  |

Net cash from investing activities | 8,688 |  | 13,565 |  |

Cash flows from financing activities

Equity dividends paid | (58,000 | ) | (58,000 | ) |

Net cash from financing activities | (58,000 | ) | (58,000 | ) |

Increase/(decrease) in cash and cash equivalents | 54,977 |  | (3,037 | ) |

Cash and cash equivalents at beginning of year | 2 | 446,625 |  | 449,662 |  |

Cash and cash equivalents at end of year | 2 | 501,602 |  | 446,625 |  |

| Motors (Coalville) Limited (Registered number: 00331295) |

Notes to the Cash Flow Statement

for the Year Ended 31 December 2025

1. | RECONCILIATION OF LOSS BEFORE TAXATION TO CASH GENERATED FROM OPERATIONS

| 31.12.25 |  | 31.12.24

£ | £ |

| Loss before taxation | (54,859 | ) | (37,972 | ) |

| Depreciation charges | 11,522 |  | 18,549 |  |

| Finance costs | 233 |  | 180 |  |

| Finance income | (10,600 | ) | (13,916 | ) |

(53,704 | ) | (33,159 | ) |

| Decrease in stocks | 221,999 |  | 25,584 |  |

| (Increase)/decrease in trade and other debtors | (5,317 | ) | 20,539 |  |

| (Decrease)/increase in trade and other creditors | (58,456 | ) | 28,614 |  |

| Cash generated from operations | 104,522 |  | 41,578 |  |

2. | CASH AND CASH EQUIVALENTS

| The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

| Year ended 31 December 2025

| 31.12.25 |  | 1.1.25

£ | £ |

| Cash and cash equivalents | 501,602 |  | 446,625 |  |

| Year ended 31 December 2024

| 31.12.24 |  | 1.1.24

£ | £ |

| Cash and cash equivalents | 446,625 |  | 449,662 |  |

3. | ANALYSIS OF CHANGES IN NET FUNDS

| At 1.1.25 | Cash flow | At 31.12.25

£ | £ | £ |

| Net cash |

| Cash at bank and in hand | 446,625 |  | 54,977 |  | 501,602 |  |

446,625 |  | 54,977 |  | 501,602 |  |

| Debt

| Debts falling due after 1 year | (3,000 | ) | - |  | (3,000 | ) |

(3,000 | ) | - |  | (3,000 | ) |

| Total | 443,625 |  | 54,977 |  | 498,602 |  |

| Motors (Coalville) Limited (Registered number: 00331295) |

Notes to the Financial Statements

for the Year Ended 31 December 2025

1. | STATUTORY INFORMATION

| Motors (Coalville) 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" and the Companies Act 2006. The financial statements have been prepared under the historic cost convention, as modified by the revaluation of investment property.

| Critical accounting judgements and key sources of estimation uncertainty

| Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

| The company makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are addressed below:

| i) Useful economic lives of tangible assets

| The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual values of assets. The useful economic lives and residual values are reviewed annually. They are amended when necessary to reflect current accounting estimates, based on technological advancement, future investments, economic utilisation and the physical condition of the assets.

| ii) Investment property

| Investment properties are valued periodically using a yield methodology. This uses market rental values capitalised at a market capitalisation rate but there is an inevitable degree of judgement involved in that each property is unique and value can only be reliably tested in the market itself. Other inputs into the valuation are the annual rent per square metre and the capitalisation rate. The location, use and age of the property are also significant factors which are taken into consideration when determining the value of the property.

| iii) Stocks

| In determining stock provisions, future demand and selling price is evaluated and appropriate provisions are made to reflect the risk of obsolescence and impairment in carrying value. The provisioning policy is in place to ensure that the carrying value of stock recognised in the financial statements is the lower of cost and estimated selling price, in accordance with the stated accounting policy.

| Motors (Coalville) Limited (Registered number: 00331295) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

2. | ACCOUNTING POLICIES - continued

| Turnover

| Turnover is measured at fair value of the consideration received or receivable and represents the amount receivable for goods supplied or services rendered, net of returns, discounts and rebates allowed by the company and Value Added Tax.

| The company recognises turnover when the following criteria have been met:

| i) Sale of goods

| Revenue from the sale of goods is recognised when :

| (a) the significant risks and rewards of ownership have been transferred to the buyer;

| (b) the company retains no ongoing involvement or control over the goods;

| (c) the revenue can be reliably measured;

| (d) it is probable that the Company will receive the consideration due under the transaction; and

| (e) the costs incurred in respect of the transaction can be reliably measured.

| ii) Rendering of services

| Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

| (a) the amount of revenue can be reliably measured;

| (b) it is probable that the Company will receive the consideration due under the contract;

| (c) the stage of completion of the contract at the end of the reporting period can be measured reliably; and

| (d) the costs incurred and the costs to complete the contract can be reliably measured.

| Tangible fixed assets

| Tangible assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes the original purchase price and costs directly attributable to bringing the asset to the location and condition necessary for its intended use.

| Depreciation is charged to allocate the cost of assets less their residual value over their estimated useful economic lives as follows:

| Freehold property - 2% on cost

| Plant and machinery - 25% on cost

| Freehold property includes land which is not depreciated.

| 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.

| Stocks

| Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell. Cost is based on the purchase on a first-in, first-out basis.

| At the end of each reporting period stocks are assessed for impairment. If an item of stock is impaired, the identified stock is reduced to its selling price less costs to sell and an impairment charge is recognised in the Statement of Comprehensive Income.

| Motors (Coalville) Limited (Registered number: 00331295) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

2. | ACCOUNTING POLICIES - continued

| Financial instruments

| The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties.

| Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the profit and loss account.

| Taxation

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

| 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

| 31.12.25 |  | 31.12.24

£ | £ |

| Wages and salaries | 716,637 |  | 746,795 |  |

| Social security costs | 76,343 |  | 78,806 |  |

| Other pension costs | 41,963 |  | 45,550 |  |

834,943 |  | 871,151 |  |

| The average number of employees during the year was as follows:

| 31.12.25 |  | 31.12.24

| Directors | 2 |  | 1 |  |

| Sales and distribution | 22 |  | 19 |  |

| Administration | - |  | 5 |  |

24 |  | 25 |  |

| Motors (Coalville) Limited (Registered number: 00331295) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

3. | EMPLOYEES AND DIRECTORS - continued

| 31.12.25 |  | 31.12.24

£ | £ |

| Directors' remuneration | 66,103 |  | 55,365 |  |

4. | OPERATING LOSS

| The operating loss is stated after charging:

| 31.12.25 |  | 31.12.24

£ | £ |

| Depreciation - owned assets | 11,522 |  | 18,548 |  |

| Auditor's remuneration | 15,000 |  | 15,000 |  |

5. | INTEREST PAYABLE AND SIMILAR EXPENSES |

| 31.12.25 |  | 31.12.24

£ | £ |

| VAT penalty | 53 |  | - |  |

| Preference dividend | 180 |  | 180 |  |

233 |  | 180 |  |

6. | TAXATION

| Analysis of the tax charge

| No liability to UK corporation tax arose for the year ended 31 December 2025 nor for the year ended 31 December 2024.

| Reconciliation of total tax charge included in profit and loss

| The tax assessed for the year is higher than the standard rate of corporation tax in the UK. The difference is explained below:

| 31.12.25 |  | 31.12.24

£ | £ |

| Loss before tax | (54,859 | ) | (37,972 | ) |

| Loss multiplied by the standard rate of corporation tax in the UK of 19% (2024 - 19%) | (10,423 | ) | (7,215 | ) |

| Effects of:

| Expenses not deductible for tax purposes | 44 |  | 34 |  |

| Depreciation on ineligible assets | 435 |  | 435 |  |

| Movement in deferred tax asset unrecognised | 9,944 |  | 6,746 |  |

| Total tax charge | - |  | - |  |

| Factors Affecting Future Tax Charges

| A deferred tax asset of £31,916 (2024 - £21,717) has not been recognised in the accounts. The total losses carried forward are £167,978 (2024 - £121,736).

| Motors (Coalville) Limited (Registered number: 00331295) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

7. | DIVIDENDS

| 31.12.25 |  | 31.12.24

£ | £ |

| Ordinary shares of £1 each

| Final | 58,000 |  | 58,000 |  |

8. | TANGIBLE FIXED ASSETS

| Freehold |  | Plant and |

| property |  | machinery |  | Totals

£ | £ | £ |

| COST

| At 1 January 2025 | 1,026,280 |  | 101,560 |  | 1,127,840 |  |

| Additions | - |  | 1,912 |  | 1,912 |  |

| At 31 December 2025 | 1,026,280 |  | 103,472 |  | 1,129,752 |  |

| DEPRECIATION

| At 1 January 2025 | 101,612 |  | 81,460 |  | 183,072 |  |

| Charge for year | 2,292 |  | 9,230 |  | 11,522 |  |

| At 31 December 2025 | 103,904 |  | 90,690 |  | 194,594 |  |

| NET BOOK VALUE

| At 31 December 2025 | 922,376 |  | 12,782 |  | 935,158 |  |

| At 31 December 2024 | 924,668 |  | 20,100 |  | 944,768 |  |

| Included in cost of land and buildings is freehold land of £ 904,625 (2024 - £ 904,625 ) which is not depreciated.

9. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 January 2025

| and 31 December 2025 | 1,311,555 |  |

| NET BOOK VALUE

| At 31 December 2025 | 1,311,555 |  |

| At 31 December 2024 | 1,311,555 |  |

| The 2025 valuation was made by the directors, on an open market value for existing use basis.

10. | STOCKS

| 31.12.25 |  | 31.12.24

£ | £ |

| Finished goods and goods for resale | 2,872,002 |  | 3,094,001 |  |

| Stock recognised in cost of sales during the year as an expense was £10,020,795 (2024 - £9,579,868).

| Motors (Coalville) Limited (Registered number: 00331295) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

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

| 31.12.25 |  | 31.12.24

£ | £ |

| Trade debtors | 106,006 |  | 109,258 |  |

| Other debtors | 29,104 |  | 28,949 |  |

| Prepayments and accrued income | 22,014 |  | 13,600 |  |

157,124 |  | 151,807 |  |

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

| 31.12.25 |  | 31.12.24

£ | £ |

| Trade creditors | 85,354 |  | 115,357 |  |

| Social security and other taxes | 54,328 |  | 65,759 |  |

| Other creditors | 15,018 |  | 35,381 |  |

| Accruals and deferred income | 26,918 |  | 23,577 |  |

181,618 |  | 240,074 |  |

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

| 31.12.25 |  | 31.12.24

£ | £ |

| Preference shares (see note 14) | 3,000 |  | 3,000 |  |

14. | LOANS

| An analysis of the maturity of loans is given below:

| 31.12.25 |  | 31.12.24

£ | £ |

| Amounts falling due in more than five years:

| Repayable otherwise than by instalments

| Preference shares | 3,000 |  | 3,000 |  |

| Details of shares shown as liabilities are as follows:

| Allotted, issued and fully paid:

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

| value: | £ | £ |

| 3,000 | 6% Preference shares | £1 | 3,000 |  | 3,000 |  |

| The rights attaching to the 6% Cumulative preference shares are as follows:

| - They are entitled to a fixed preferential dividend of 6% but will not further participate in the profits which the company may determine to distribute in respect of any financial year.

| - On a return of capital or liquidation the surplus assets of the company after payment of its liabilities shall be applied first by repaying the holders of the preference shares the amount paid up on such shares and the balance of such surplus distributed to the holders of the ordinary shares in proportion to the amounts paid on the ordinary shares held by them.

| Motors (Coalville) Limited (Registered number: 00331295) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

15. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

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

| value: | £ | £ |

| 29,000 | Ordinary | £1 | 29,000 |  | 29,000 |  |

16. | RESERVES

| Called up share capital

| This represents the nominal value of shares that have been issued.

| Retained Earnings

| Retained earnings represents cumulative profits or losses, net of dividends paid in the current and previous periods.

17. | RELATED PARTY DISCLOSURES

| Other related parties

| 31.12.25 |  | 31.12.24

£ | £ |

| Rent received | 71,500 |  | 66,000 |  |

| During the year the company transacted with a company owned by a close family member of R M Dalby, director. See table above for details.

| At the year end there was an amount of £5,549 (2024 - £5,549) owing to D.A.W. Finance Company Limited, a dormant company. This company is controlled by R M Dalby.

| During the year, total dividends of £47,943 (2024 - £47,943) were paid to the directors.

| During the year, a total of key management personnel compensation of £ 66,103 (2024 - £ 55,365 ) was paid.

18. | CONTROLLING PARTY

| The controlling party is R M Dalby.