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REGISTERED NUMBER: 00401786 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

FRED COUPE (PRESTON) LIMITED

FRED COUPE (PRESTON) LIMITED (REGISTERED NUMBER: 00401786)

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 |

FRED COUPE (PRESTON) LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2025

| DIRECTORS: | Michael Frederick Coupe

| Peter John Coupe

| John Michael Coupe

| Julian Peter Coupe

| Charles Frederick Coupe

| SECRETARY: | Michael Frederick Coupe

| REGISTERED OFFICE: | The Nissan Garage

| Chorley Road

| Walton le Dale

| Preston

| Lancashire

| PR5 4JB

| REGISTERED NUMBER: | 00401786 (England and Wales)

| ACCOUNTANTS: | Wallwork Nelson & Johnson

| Chandler House

| 7 Ferry Road Office Park

| Riversway

| Preston

| Lancashire

| PR2 2YH

FRED COUPE (PRESTON) LIMITED (REGISTERED NUMBER: 00401786)

BALANCE SHEET

31 DECEMBER 2025

| 31/12/25 | 31/12/24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 41,192 |  | 32,623 |  |

Investment property | 5 | 650,000 |  | 754,931 |  |

691,192 |  | 787,554 |  |

CURRENT ASSETS

Stocks | 6 | 1,459,975 |  | 1,716,635 |  |

Debtors | 7 | 213,121 |  | 201,028 |  |

Cash at bank and in hand | 1,698,923 |  | 1,480,523 |  |

3,372,019 |  | 3,398,186 |  |

CREDITORS

Amounts falling due within one year | 8 | 497,304 |  | 481,576 |  |

NET CURRENT ASSETS | 2,874,715 |  | 2,916,610 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 3,565,907 |  | 3,704,164 |  |

PROVISIONS FOR LIABILITIES | 3,678 |  | 7,776 |  |

NET ASSETS | 3,562,229 |  | 3,696,388 |  |

CAPITAL AND RESERVES

Called up share capital | 1,000 |  | 1,000 |  |

Revaluation reserve | 9 | 195,951 |  | 195,951 |  |

Retained earnings | 3,365,278 |  | 3,499,437 |  |

SHAREHOLDERS' FUNDS | 3,562,229 |  | 3,696,388 |  |

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.

FRED COUPE (PRESTON) LIMITED (REGISTERED NUMBER: 00401786)

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 24 July 2026 and were signed on its behalf by:

Julian Peter Coupe - Director

John Michael Coupe - Director

FRED COUPE (PRESTON) LIMITED (REGISTERED NUMBER: 00401786)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1. | STATUTORY INFORMATION

| Fred Coupe (Preston) 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 as modified by the revaluation of certain assets.

| 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.

| Showroom | - | 10% on cost

| Plant and machinery | - | 15% on reducing balance

| Fixtures and fittings | - | 20% on cost and 15% on reducing balance

| Investment property

| Investment properties are properties held by the company to earn rentals and/or for capital appreciation.

| Investment properties are initially measured at cost, including transaction costs.

| Subsequently investment properties are measured at fair value. Investment property valuations are based on an open market value.

| Deferred tax is provided on these movements. Gains and losses arising from changes in the fair value of investment properties are included in the Statement of Income and Retained Earnings in the period in which they arise.

| Stocks

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

| 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.

FRED COUPE (PRESTON) LIMITED (REGISTERED NUMBER: 00401786)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| Going concern

| The use of the going concern basis of accounting is appropriate because 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 28 (2024 - 29 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Plant and |  | and |  | Computer |

| Showroom |  | machinery |  | fittings |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 January 2025 | 73,067 |  | 365,094 |  | 45,151 |  | 320 |  | 483,632 |  |

| Additions | - |  | 8,089 |  | 5,626 |  | 677 |  | 14,392 |  |

| At 31 December 2025 | 73,067 |  | 373,183 |  | 50,777 |  | 997 |  | 498,024 |  |

| DEPRECIATION

| At 1 January 2025 | 73,067 |  | 332,472 |  | 45,150 |  | - |  | 450,689 |  |

| Charge for year | - |  | 5,521 |  | 523 |  | 99 |  | 6,143 |  |

| At 31 December 2025 | 73,067 |  | 337,993 |  | 45,673 |  | 99 |  | 456,832 |  |

| NET BOOK VALUE

| At 31 December 2025 | - |  | 35,190 |  | 5,104 |  | 898 |  | 41,192 |  |

| At 31 December 2024 | - |  | 32,622 |  | 1 |  | 320 |  | 32,943 |  |

FRED COUPE (PRESTON) LIMITED (REGISTERED NUMBER: 00401786)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 January 2025 | 754,931 |  |

| Disposals | (104,931 | ) |

| At 31 December 2025 | 650,000 |  |

| NET BOOK VALUE

| At 31 December 2025 | 650,000 |  |

| At 31 December 2024 | 754,931 |  |

| Fair value at 31 December 2025 is represented by:

£ |

| Valuation in 2010 | 221,093 |  |

| Valuation in 2012 | 50,000 |  |

| Valuation in 2024 | (75,141 | ) |

| Cost | 454,048 |  |

650,000 |  |

| If the investment properties had not been revalued they would have been included at the following historical cost:

| 31/12/25 |  | 31/12/24

£ | £ |

| Cost | 803,918 |  | 803,918 |  |

| The investment properties were valued on an open market basis on 31 December 2020 by the directors .

| The directors considered there to be no material change in the valuation of the investment properties since 2012.

6. | STOCKS

| 31/12/25 |  | 31/12/24

£ | £ |

| Stocks | 9,337 |  | 48,252 |  |

| Finished goods | 1,450,638 |  | 1,668,383 |  |

1,459,975 |  | 1,716,635 |  |

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

| 31/12/25 |  | 31/12/24

£ | £ |

| Trade debtors | 181,455 |  | 155,868 |  |

| Other debtors | 2,488 |  | 2,844 |  |

| Prepayments and accrued income | 29,178 |  | 42,316 |  |

213,121 |  | 201,028 |  |

FRED COUPE (PRESTON) LIMITED (REGISTERED NUMBER: 00401786)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

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

| 31/12/25 |  | 31/12/24

£ | £ |

| Trade creditors | 382,921 |  | 304,264 |  |

| Tax | - |  | 57,244 |  |

| Social security and other taxes | 47,334 |  | 36,055 |  |

| VAT | 43,673 |  | 32,995 |  |

| Other creditors | 7,661 |  | 13,000 |  |

| Accrued expenses | 15,715 |  | 38,018 |  |

497,304 |  | 481,576 |  |

9. | RESERVES

| Revaluation

| reserve

£ |

| At 1 January 2025

| and 31 December 2025 | 195,951 |  |

10. | ULTIMATE CONTROLLING PARTY

| The directors are the ultimate controlling party by virtue of their shareholdings.