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The Westphalen Family Trust Financial statements For the year ended 30 June 2026

The Westphalen Family Trust ABN: 13 642 724 726 Contents For the year ended 30 June 2026

Income statement

Balance sheet

Notes to the financial statements

Declaration

Compilation report

The Westphalen Family Trust ABN: 13 642 724 726 Income statement For the year ended 30 June 2026 2026 $ Revenue Sales

2025 $

411,578.01

340,322.33

Opening Stock Opening Stock

800.00

Cost of Salesss Purchases Subcontractors

63,441.69 7,586.00

58,507.22 7,230.00

71,027.69

65,737.22

(1,200.00)

(800.00)

Gross profit from trading

340,950.32

274,585.11

Other income Employee Reimbursement Lease of Land Rents Received

9,405.19 2,600.00 286,836.03

2,917.42 2,600.00 283,649.65

298,841.22

289,167.07

639,791.54

563,752.18

Expenses Accountancy Advertising & Promotion Bank Charges Bookkeeping

9,800.00 13,067.99 131.97 2,439.78

6,400.00 12,533.80 292.94 3,498.30

Capital Allowances & Writeoffs Leasehold Improvements Cleaning Consultants Fees Depreciation Electricity & Gas Fees, Licences & Subscriptions Fines Hire of Plant & Equipment Insurance Meetings & Conferences Minor Plant & Equipment Items Written Off

12,823.00 9,640.25 10,745.00 17,303.36 13,707.21 4,097.89 98.00 17,056.10 39,225.57 5,994.60 5,483.52

12,823.00 8,008.57 6,716.00 16,420.00 9,356.22 5,347.87 401.00 9,692.70 34,313.16 10,130.49

Closing Stock Closing Stock

The accompanying notes form part of these financial statements. These statements should be read in conjunction with the attached compilation report of Van Dyk Newbold & Co Pty Ltd.

Page 1

The Westphalen Family Trust ABN: 13 642 724 726 Income statement For the year ended 30 June 2026 2026 $ Motor Vehicle Expenses BMW, Mazda, Pajero, VW Van, Nissan Postage, Printing & Stationery Rates Rent Repairs & Maintenance Staff Amenities Staff Training Superannuation Telephone Travelling Expenses Uniforms Wages Workcover

Net profit Undistributed profits (accumulated losses) at beginning of the financial year Total available for distribution

Distribution to Beneficiaries Undistributed profits (accumulated losses) at the end of the financial year Beneficiary distributions: John Westphalen Cindy Scrivener-Westphalen

2025 $

28,120.65 1,532.95 5,464.80 31,767.81 46,360.19 4,901.45 2,711.18 14,964.17 8,631.13 6,786.19 2,486.09 124,441.11 3,880.35

14,587.09 1,103.84 5,446.35 32,830.38 35,637.98 2,064.31 1,226.60 13,304.91 9,849.71 6,269.78 3,021.26 117,133.32 3,806.98

443,662.31

382,216.56

196,129.23 -

181,535.62 -

196,129.23 196,129.23

181,535.62 181,535.62

78,451.69 117,677.54

65,352.82 116,182.80

196,129.23

181,535.62

The accompanying notes form part of these financial statements. These statements should be read in conjunction with the attached compilation report of Van Dyk Newbold & Co Pty Ltd.

Page 2

The Westphalen Family Trust ABN: 13 642 724 726 Balance sheet For the year ended 30 June 2026 Note Current assets Cash and cash equivalents Trade and other receivables Inventories Unpaid present entitlements

3 4 5 6

2026 $

2025 $ 9,789.39 270.00 1,200.00 -

13,255.39 31,658.55 800.00 -

11,259.39

45,713.94

444,842.70

470,152.70

Total non-current assets

444,842.70

470,152.70

Total assets

456,102.09

515,866.64

57,875.03 398,217.06

73,533.07 442,323.57

Total current liabilities

456,092.09

515,856.64

Total liabilities

456,092.09

515,856.64

10.00

Settlement Sum

10.00

Total equity

10.00

Total current assets Non-current assets Property, plant and equipment

Current liabilities Trade and other payables Unpaid present entitlements

8 6

Net assets Equity

The accompanying notes form part of these financial statements. These statements should be read in conjunction with the attached compilation report of Van Dyk Newbold & Co Pty Ltd.

Page 3

The Westphalen Family Trust ABN: 13 642 724 726 Notes to the financial statements For the year ended 30 June 2026 The financial statements cover The Westphalen Family Trust and have been prepared in accordance with the trust deed to meet the needs of stakeholders and to assist in the preparation of the tax return. Comparatives are consistent with prior years, unless otherwise stated.

1 Basis of preparation The special purpose financial statements have been prepared in accordance with the significant accounting policies presented below and do not comply with any Australian Accounting Standards. The financial statements have been prepared on an accruals basis and are based on historical costs.

2 Significant accounting policies Revenue and other income Sale of goods Revenue is recognised on transfer of goods to the customer as this is deemed to be the point in time when risks and rewards are transferred and there is no longer any ownership or effective control over the goods. Rendering of services Revenue in relation to rendering of services is recognised depending on whether the outcome of the services can be measured reliably. If this is the case then the stage of completion of the services is used to determine the appropriate level of revenue to be recognised in the period. If the outcome cannot be reliably measured then revenue is recognised to the extent of expenses recognised that are recoverable. Other revenue Other revenue is recognised on an accruals basis when the trust is entitled to it. Goods and services tax (GST) Revenue, expenses and assets are recognised net of the amount of goods and services tax (GST), except where the amount of GST incurred is not recoverable from the Australian Taxation Office (ATO). Receivables and payables are stated inclusive of GST. Cash and cash equivalents Cash and cash equivalents comprises cash on hand, demand deposits and short‑term investments which are readily convertible to known amounts of cash and subject to an insignificant risk of change in value.

These notes should be read in conjunction with the attached compilation report of Van Dyk Newbold & Co Pty Ltd.

Page 4

The Westphalen Family Trust ABN: 13 642 724 726 Notes to the financial statements For the year ended 30 June 2026 Property, plant and equipment Each class of property, plant and equipment is carried at cost less, where applicable, any accumulated depreciation and impairment. At the end of each annual reporting period, the depreciation method, useful life and residual value of each asset is reviewed. Any revisions are accounted for prospectively as a change in estimate. Inventories Inventories are measured at the lower of cost and net realisable value. Cost of inventory is determined using the first‑in‑first‑out basis and is net of any rebates and discounts received. Net realisable value is estimated using the most reliable evidence available at the reporting date and inventory is written down through an obsolescence provision if necessary.

These notes should be read in conjunction with the attached compilation report of Van Dyk Newbold & Co Pty Ltd.

Page 5

The Westphalen Family Trust ABN: 13 642 724 726 Notes to the financial statements For the year ended 30 June 2026 Note

2026 $

2025 $

3 Cash and cash equivalents Cash on Hand CBA Cheque A/c CBA Trading - 9219

10.00 5,388.19 4,391.20

10.00 9,854.32 3,391.07

9,789.39

13,255.39

Current Trade Debtors

30,077.00

Other Debtors Workcover Refund

1,581.55

270.00

31,658.55

1,200.00

800.00

1,200.00

800.00

4 Trade and other receivables

GST on Creditors

5 Inventories Current Stock on Hand - at Cost

These notes should be read in conjunction with the attached compilation report of Van Dyk Newbold & Co Pty Ltd.

Page 6

The Westphalen Family Trust ABN: 13 642 724 726 Notes to the financial statements For the year ended 30 June 2026 Note

2026 $

2025 $

6 Unpaid present entitlements John Westphalen Share of Profit Drawings

Cindy Scrivener-Westphalen Opening Balance Share of Profit Drawings

78,451.69 (78,451.69)

65,352.82 (65,352.82)

442,323.57 117,677.54 (161,784.05)

358,787.08 116,182.80 (32,646.31)

398,217.06

442,323.57

398,217.06

442,323.57

512,902.31 (97,475.00)

512,902.31 (84,652.00)

415,427.31

428,250.31

291,911.97 (263,168.38) 26,306.87 (25,635.07)

287,095.61 (246,033.02) 26,306.87 (25,467.07)

29,415.39

41,902.39

444,842.70

470,152.70

7 Property, plant and equipment

Property improvements Leasehold Improvements (Woodburn) - Cost Less Prov'n for Depreciation

Plant and equipment Plant & Equipment - at Cost Less Prov'n for Depreciation Plant & Equipment (Rental) - at Cost Less Prov'n for Depreciation

These notes should be read in conjunction with the attached compilation report of Van Dyk Newbold & Co Pty Ltd.

Page 7

The Westphalen Family Trust ABN: 13 642 724 726 Notes to the financial statements For the year ended 30 June 2026 Note

2026 $

2025 $

8 Trade and other payables Current Deposits - Wedding Trade Creditors Woodburn Bonds

50,000.00 2,970.00 -

60,000.00 8,000.00

Other Creditors PAYG Withholding GST Payable Superannuation Payable

2,468.00 2,417.00 20.03

1,364.00 1,271.00 20.03

GST on Debtors

4,905.03 -

2,655.03 2,878.04

57,875.03

73,533.07

These notes should be read in conjunction with the attached compilation report of Van Dyk Newbold & Co Pty Ltd.

Page 8

The Westphalen Family Trust ABN: 13 642 724 726 Trustees' declaration The director declares that the trust's special purpose financial report should be prepared in accordance with the accounting policies described in Note 2 to the financial statements. In the opinion of the director of the trustee company: 1.

the financial statements and notes present fairly the trust's financial position as at 30 June 2026 and its performance for the year ended on that date in accordance with the accounting policies described in Note 2 to the financial statements;

there are reasonable grounds to believe that the trust will be able to pay its debts as and when they become due and payable.

This declaration is made in accordance with a resolution of the director.

Director

______________________________________ Cindy Scrivener-Westphalen

Dated

Page 9

The Westphalen Family Trust ABN: 13 642 724 726 Compilation report We have compiled the accompanying special purpose financial statements of The Westphalen Family Trust which comprise the balance sheet as at 30 June 2026, and the income statement for the year then ended, the significant accounting policies and other explanatory notes. The specific purpose for which the special purpose financial statements have been prepared is to provide information relating to the performance and financial position of the trust that satisfies the information needs of the director of the trustee company and of the beneficiaries. The responsibility of the trustees The director of the trustee company is solely responsible for the information contained in the special purpose financial statements, the reliability, accuracy and completeness of the information and for the determination that the basis of accounting used is appropriate to meet their needs and for the purpose that the financial statements were prepared. Our responsibility On the basis of information provided by the director of the trustee company, we have compiled the accompanying special purpose financial statements in accordance with the basis of accounting as described in the notes to the financial statements and APES 315: Compilation of Financial Information. We have applied our expertise in accounting and financial reporting to compile these financial statements in accordance with the basis of accounting described in the notes to the financial statements. We have complied with the relevant ethical requirements of APES 110 Code of Ethics for Professional Accountants. Assurance disclaimer Since a compilation engagement is not an assurance engagement, we are not required to verify the reliability, accuracy or completeness of the information provided to us by management to compile these financial statements. Accordingly, we do not express an audit opinion or a review conclusion on these financial statements. The special purpose financial statements were compiled exclusively for the benefit of the trustees of the trustee company who is responsible for the reliability, accuracy and completeness of the information used to compile them. Accordingly, these special purpose financial statements may not be suitable for other purposes. We do not accept responsibility for the contents of the special purpose financial statements. Firm

Van Dyk Newbold & Co Pty Ltd

Address

233 Main Road McLaren Vale SA 5171

Date

Signed

................................................................. Jarrad Newbold

Page 10

The Westphalen Family Trust Financial statements For the year ended 30 June 2024

The Westphalen Family Trust ABN: 13 642 724 726 Contents For the year ended 30 June 2024

Income statement

Balance sheet

Notes to the financial statements

Declaration

Compilation report

The Westphalen Family Trust ABN: 13 642 724 726 Income statement For the year ended 30 June 2024 2024 $ Revenue Sales

2023 $

410,808.36

444,853.27

Opening Stock Opening Stock

800.00

Cost of Salesss Purchases Subcontractors

71,694.18 1,200.00

71,562.12 -

72,894.18

71,562.12

(800.00)

Gross profit from trading

337,914.18

373,291.15

Other income Employee Reimbursement Hire Fees - Woodburn Lease of Land Rents Received

10,883.12 2,340.00 290,008.00

11,835.31 67,063.64 2,340.00 205,610.86

303,231.12

286,849.81

641,145.30

660,140.96

Expenses Accountancy Advertising & Promotion Bank Charges Bookkeeping Borrowing Expenses

7,900.00 38,582.86 150.18 3,431.14 -

5,850.00 24,147.93 215.26 3,910.90 75.25

Capital Allowances & Writeoffs Leasehold Improvements Cleaning Consultants Fees Depreciation Electricity & Gas Fees, Licences & Subscriptions Fines Hire of Plant & Equipment Insurance

12,413.00 9,330.93 8,335.04 45,397.12 13,600.92 3,757.90 387.00 4,107.42 23,972.67

12,373.00 10,587.77 46,587.78 10,025.54 2,822.32 87.00 1,381.82 16,461.19

Closing Stock Closing Stock

The accompanying notes form part of these financial statements. These statements should be read in conjunction with the attached compilation report of Van Dyk Newbold & Co Pty Ltd.

Page 1

The Westphalen Family Trust ABN: 13 642 724 726 Income statement For the year ended 30 June 2024 2024 $ Interest ATO - ICA BMW Finance

2023 $ -

139.53 805.31

Legal Costs Loss on Sale of Fixed Asset Minor Plant & Equipment Items Written Off

1,545.46 18,999.34 12,261.39

944.84 10,357.09

Motor Vehicle Expenses BMW, Mazda, Pajero & VW Van Postage, Printing & Stationery Protective Clothing Rates Rent Repairs & Maintenance Staff Amenities Staff Training Superannuation Telephone Travelling Expenses Wages Workcover

23,015.82 1,153.60 347.13 6,152.39 39,723.23 48,403.37 1,088.29 636.87 24,995.89 8,416.26 11,072.37 251,524.21 8,803.41

19,753.42 1,453.37 5,698.38 47,503.98 54,478.39 1,297.68 17,454.21 8,533.54 1,472.27 166,229.92 4,014.00

629,505.21

473,716.85

11,640.09 -

186,424.11 -

11,640.09 11,640.09

186,424.11 186,424.11

11,640.09

70,841.16 115,582.95

11,640.09

186,424.11

Net profit Undistributed profits (accumulated losses) at beginning of the financial year Total available for distribution

Distribution to Beneficiaries Undistributed profits (accumulated losses) at the end of the financial year Beneficiaries distribution: John Westphalen Cindy Scrivener-Westphalen

The accompanying notes form part of these financial statements. These statements should be read in conjunction with the attached compilation report of Van Dyk Newbold & Co Pty Ltd.

Page 2

The Westphalen Family Trust ABN: 13 642 724 726 Balance sheet For the year ended 30 June 2024 Note Current assets Cash and cash equivalents Trade and other receivables Inventories Unpaid present entitlements

3 4 5 6

2024 $

2023 $ 5,443.87 2,066.34 800.00 -

15,379.16 2,520.00 800.00 -

8,310.21

18,699.16

442,122.11

461,230.23

Total non-current assets

442,122.11

461,230.23

Total assets

450,432.32

479,929.39

91,635.24 358,787.08

96,497.52 383,421.87

Total current liabilities

450,422.32

479,919.39

Total liabilities

450,422.32

479,919.39

10.00

Settlement Sum

10.00

Total equity

10.00

Total current assets Non-current assets Property, plant and equipment

Current liabilities Trade and other payables Unpaid present entitlements

8 6

Net assets Equity

The accompanying notes form part of these financial statements. These statements should be read in conjunction with the attached compilation report of Van Dyk Newbold & Co Pty Ltd.

Page 3

The Westphalen Family Trust ABN: 13 642 724 726 Notes to the financial statements For the year ended 30 June 2024 The financial statements cover The Westphalen Family Trust and have been prepared in accordance with the trust deed to meet the needs of stakeholders and to assist in the preparation of the tax return. Comparatives are consistent with prior years, unless otherwise stated.

These notes should be read in conjunction with the attached compilation report of Van Dyk Newbold & Co Pty Ltd.

Page 4

The Westphalen Family Trust ABN: 13 642 724 726 Notes to the financial statements For the year ended 30 June 2024 Property, plant and equipment Each class of property, plant and equipment is carried at cost less, where applicable, any accumulated depreciation and impairment. At the end of each annual reporting period, the depreciation method, useful life and residual value of each asset is reviewed. Any revisions are accounted for prospectively as a change in estimate. Inventories Inventories are measured at the lower of cost and net realisable value. Cost of inventory is determined using the first‑in‑first‑out basis and is net of any rebates and discounts received. Net realisable value is estimated using the most reliable evidence available at the reporting date and inventory is written down through an obsolescence provision if necessary.

These notes should be read in conjunction with the attached compilation report of Van Dyk Newbold & Co Pty Ltd.

Page 5

The Westphalen Family Trust ABN: 13 642 724 726 Notes to the financial statements For the year ended 30 June 2024 Note

2024 $

2023 $

3 Cash and cash equivalents Cash on Hand CBA Cheque A/c CBA Trading - 9219

10.00 1,025.93 4,407.94

10.00 10,090.97 5,278.19

5,443.87

15,379.16

2,000.00 66.34

1,950.00 570.00

2,066.34

2,520.00

800.00

70,841.16 (70,841.16)

383,421.87 11,640.09 (36,274.88)

395,395.78 115,582.95 (127,556.86)

358,787.08

383,421.87

358,787.08

383,421.87

4 Trade and other receivables Current Trade Debtors GST on Creditors

5 Inventories Current Stock on Hand - at Cost

6 Unpaid present entitlements John Westphalen Share of Profit Drawings

Cindy Scrivener-Westphalen Opening Balance Share of Profit Drawings

These notes should be read in conjunction with the attached compilation report of Van Dyk Newbold & Co Pty Ltd.

Page 6

The Westphalen Family Trust ABN: 13 642 724 726 Notes to the financial statements For the year ended 30 June 2024 Note

2024 $

2023 $

7 Property, plant and equipment

Property improvements Leasehold Improvements (Woodburn) - Cost Less Prov'n for Depreciation

512,902.31 (71,829.00)

494,921.55 (59,416.00)

441,073.31

435,505.55

229,822.02 (229,822.02) 26,306.87 (25,258.07)

255,256.69 (230,843.81) 24,964.14 (23,652.34)

1,048.80

25,724.68

442,122.11

461,230.23

Current Deposits - Wedding Trade Creditors Woodburn Bonds

36,000.00 23,026.90

60,000.00 6,270.00 6,116.90

Other Creditors PAYG Withholding GST Payable Workcover Payable

19,112.00 2,588.81 729.70

7,266.00 6,334.00 -

ATO - Integrated Client Account Superannuation Payable GST on Debtors GST Adjustments

22,430.51 5,889.38 45.45 4,243.00

13,600.00 4,000.00 5,168.53 159.09 1,183.00

91,635.24

96,497.52

Plant and equipment Plant & Equipment - at Cost Less Prov'n for Depreciation Plant & Equipment (Rental) - at Cost Less Prov'n for Depreciation

8 Trade and other payables

These notes should be read in conjunction with the attached compilation report of Van Dyk Newbold & Co Pty Ltd.

Page 7

The financial statements and notes present fairly the trust's financial position as at 30 June 2024 and its performance for the year ended on that date in accordance with the accounting policies described in Note 2 to the financial statements;

In the trustees' opinion there are reasonable grounds to believe that the trust will be able to pay its debts as and when they become due and payable.

This declaration is made in accordance with a resolution of the director.

Director

______________________________________ Cindy Scrivener-Westphalen

Dated

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The Westphalen Family Trust ABN: 13 642 724 726 Compilation report We have compiled the accompanying special purpose financial statements of The Westphalen Family Trust which comprise the balance sheet as at 30 June 2024, and the income statement for the year then ended, the significant accounting policies and other explanatory notes. The specific purpose for which the special purpose financial statements have been prepared is to provide information relating to the performance and financial position of the trust that satisfies the information needs of the director of the trustee company and of the beneficiaries. The responsibility of the trustees The director of the trustee company is solely responsible for the information contained in the special purpose financial statements, the reliability, accuracy and completeness of the information and for the determination that the basis of accounting used is appropriate to meet their needs and for the purpose that the financial statements were prepared. Our responsibility On the basis of information provided by the director of the trustee company, we have compiled the accompanying special purpose financial statements in accordance with the basis of accounting as described in the notes to the financial statements and APES 315: Compilation of Financial Information. We have applied our expertise in accounting and financial reporting to compile these financial statements in accordance with the basis of accounting described in the notes to the financial statements. We have complied with the relevant ethical requirements of APES 110 Code of Ethics for Professional Accountants. Assurance disclaimer Since a compilation engagement is not an assurance engagement, we are not required to verify the reliability, accuracy or completeness of the information provided to us by management to compile these financial statements. Accordingly, we do not express an audit opinion or a review conclusion on these financial statements. The special purpose financial statements were compiled exclusively for the benefit of the trustees of the trustee company who is responsible for the reliability, accuracy and completeness of the information used to compile them. Accordingly, these special purpose financial statements may not be suitable for other purposes. We do not accept responsibility for the contents of the special purpose financial statements. Firm

Van Dyk Newbold & Co Pty Ltd

Address

233 Main Road McLaren Vale SA 5171

Date

Signed

................................................................. Jarrad Newbold

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