IRIS Accounts Production v25.1.3.33 01124395 director 30.9.24 1.10.23 30.9.24 30.9.24 The principal activities of the Group during the year were: - Farming, - Construction of, trading in and development of property, - Holding of investment property, from which rental income was received, - Wholesale and retail of furniture. true false true false false true false Ordinary 0 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh011243952023-09-30011243952024-09-30011243952023-10-012024-09-30011243952022-09-30011243952022-10-012023-09-30011243952023-09-3001124395ns15:EnglandWales2023-10-012024-09-3001124395ns14:PoundSterling2023-10-012024-09-3001124395ns10:Director12023-10-012024-09-3001124395ns10:Consolidated2024-09-3001124395ns10:ConsolidatedGroupCompanyAccounts2023-10-012024-09-3001124395ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3001124395ns10:Consolidatedns10:SmallEntities2023-10-012024-09-3001124395ns10:Consolidatedns10:AuditExemptWithAccountantsReport2023-10-012024-09-3001124395ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3001124395ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3001124395ns10:Consolidatedns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3001124395ns10:Consolidatedns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3001124395ns10:FullAccounts2023-10-012024-09-3001124395ns10:OrdinaryShareClass12023-10-012024-09-3001124395ns10:Consolidated2023-10-012024-09-3001124395ns10:RegisteredOffice2023-10-012024-09-3001124395ns10:Director22023-10-012024-09-3001124395ns10:Consolidatedns5:ContinuingOperations2023-10-012024-09-3001124395ns10:Consolidatedns5:DiscontinuedOperations2023-10-012024-09-3001124395ns10:Consolidatedns5:ContinuingOperations2022-10-012023-09-3001124395ns10:Consolidatedns5:DiscontinuedOperations2022-10-012023-09-3001124395ns10:Consolidated2022-10-012023-09-3001124395ns5:CurrentFinancialInstruments2024-09-3001124395ns5:CurrentFinancialInstruments2023-09-3001124395ns5:Non-currentFinancialInstruments2024-09-3001124395ns5:Non-currentFinancialInstruments2023-09-3001124395ns5:ShareCapital2024-09-3001124395ns5:ShareCapital2023-09-3001124395ns5:CapitalRedemptionReserve2024-09-3001124395ns5:CapitalRedemptionReserve2023-09-3001124395ns5:RetainedEarningsAccumulatedLosses2024-09-3001124395ns5:RetainedEarningsAccumulatedLosses2023-09-3001124395ns5:CostValuation2023-09-3001124395ns5:CostValuation2024-09-3001124395ns5:DisposalsRepaymentsInvestments2024-09-3001124395ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3001124395ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3001124395ns10:OrdinaryShareClass12024-09-3001124395ns5:RetainedEarningsAccumulatedLosses2023-09-3001124395ns5:CapitalRedemptionReserve2023-09-3001124395ns5:RetainedEarningsAccumulatedLosses2023-10-012024-09-30
REGISTERED NUMBER: 01124395 (England and Wales)















Miscombe Group Limited

Report of the Director and

Consolidated Financial Statements for the Year Ended 30th September 2024






Miscombe Group Limited (Registered number: 01124395)

Contents of the Consolidated Financial Statements
for the Year Ended 30th September 2024










Page

Company Information 1

Report of the Director 2

Consolidated Income Statement 3

Consolidated Balance Sheet 5

Company Balance Sheet 7

Notes to the Consolidated Financial Statements 9


Miscombe Group Limited

Company Information
for the Year Ended 30th September 2024







DIRECTOR: R A Barnett





REGISTERED OFFICE: 1 Jacobs Yard
North Lane
Buriton
Petersfield
Hampshire
GU31 5RR





REGISTERED NUMBER: 01124395 (England and Wales)





ACCOUNTANTS: Sheen Stickland
Chartered Accountants
2 Oriel Court
Omega Park
Alton
Hampshire
GU34 2YT

Miscombe Group Limited (Registered number: 01124395)

Report of the Director
for the Year Ended 30th September 2024


The director presents her report with the financial statements of the company and the group for the year ended 30th September 2024.

DIRECTORS
R A Barnett has held office during the whole of the period from 1st October 2023 to the date of this report.

Other changes in directors holding office are as follows:

K D Barnett - deceased 27th March 2024

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





R A Barnett - Director


2nd June 2025

Miscombe Group Limited (Registered number: 01124395)

Consolidated Income Statement
for the Year Ended 30th September 2024

2024 2024 2024
Continuing Discontinued Total
£    £    £   

TURNOVER 654,942 - 654,942
Cost of sales (201,832 ) - (201,832 )
GROSS PROFIT 453,110 - 453,110

Administrative expenses (343,610 ) (2,838 ) (346,448 )
109,500 (2,838 ) 106,662

Other operating income 57,788 - 57,788


OPERATING PROFIT/(LOSS) 167,288 (2,838 ) 164,450

Interest receivable and similar income 46,606 - 46,606
Interest payable and similar expenses (85,622 ) - (85,622 )
PROFIT/(LOSS) BEFORE TAXATION 128,272 (2,838 ) 125,434
Tax on profit/(loss) (4,566 ) - (4,566 )
PROFIT/(LOSS) FOR THE FINANCIAL
YEAR

123,706

(2,838

)

120,868

Miscombe Group Limited (Registered number: 01124395)

Consolidated Income Statement
for the Year Ended 30th September 2024

2023 2023 2023
Continuing Discontinued Total
£    £    £   

TURNOVER 677,866 - 677,866
Cost of sales (255,935 ) - (255,935 )
GROSS PROFIT 421,931 - 421,931

Administrative expenses (463,499 ) - (463,499 )
(41,568 ) - (41,568 )

Other operating income 714 - 714


OPERATING LOSS (40,854 ) - (40,854 )

Interest receivable and similar income 5,181 - 5,181
Gain/loss on revaluation of assets 14,000 - 14,000
Interest payable and similar expenses (100,000 ) - (100,000 )
LOSS BEFORE TAXATION (121,673 ) - (121,673 )
Tax on loss (23,704 ) - (23,704 )
LOSS FOR THE FINANCIAL YEAR (145,377 ) - (145,377 )

Miscombe Group Limited (Registered number: 01124395)

Consolidated Balance Sheet
30th September 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 5 1,767,212 1,756,767
Investments 6
Interest in associate 1,673,026 1,679,523
Investment property 7 4,219,000 4,219,000
7,659,238 7,655,290

CURRENT ASSETS
Stocks 1,370,595 5,137,985
Debtors 8 7,305,638 6,125,439
Cash at bank and in hand 1,611,362 434,417
10,287,595 11,697,841
CREDITORS
Amounts falling due within one year 9 1,863,884 1,103,690
NET CURRENT ASSETS 8,423,711 10,594,151
TOTAL ASSETS LESS CURRENT
LIABILITIES

16,082,949

18,249,441

CREDITORS
Amounts falling due after more than one
year

10

-

(1,500,000

)

PROVISIONS FOR LIABILITIES (90,914 ) (86,348 )
NET ASSETS 15,992,035 16,663,093

CAPITAL AND RESERVES
Called up share capital 11 465,000 465,000
Revaluation reserve 12 1,872,420 1,878,917
Capital redemption reserve 12 35,000 35,000
Retained earnings 12 13,619,615 14,284,176
SHAREHOLDERS' FUNDS 15,992,035 16,663,093

The company and the group are entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2024.

The members have not required the company and the group to obtain an audit of its financial statements for the year ended 30th September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a) ensuring that the group 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 and the group as at the end of each financial year and of the group's 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 and the group.

Miscombe Group Limited (Registered number: 01124395)

Consolidated Balance Sheet - continued
30th September 2024


The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 2nd June 2025 and were signed by:





R A Barnett - Director


Miscombe Group Limited (Registered number: 01124395)

Company Balance Sheet
30th September 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 5 - -
Investments 6 1,523,643 1,523,743
Investment property 7 - -
1,523,643 1,523,743

CURRENT ASSETS
Debtors 8 4,143,341 2,869,104
Cash at bank 1,229,428 61,323
5,372,769 2,930,427
CREDITORS
Amounts falling due within one year 9 1,633,849 819,804
NET CURRENT ASSETS 3,738,920 2,110,623
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,262,563

3,634,366

CREDITORS
Amounts falling due after more than one
year

10

-

1,500,000
NET ASSETS 5,262,563 2,134,366

CAPITAL AND RESERVES
Called up share capital 11 465,000 465,000
Capital redemption reserve 12 35,000 35,000
Retained earnings 12 4,762,563 1,634,366
SHAREHOLDERS' FUNDS 5,262,563 2,134,366

Company's profit/(loss) for the financial year 3,913,626 (62,999 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Miscombe Group Limited (Registered number: 01124395)

Company Balance Sheet - continued
30th September 2024


The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 2nd June 2025 and were signed by:





R A Barnett - Director


Miscombe Group Limited (Registered number: 01124395)

Notes to the Consolidated Financial Statements
for the Year Ended 30th September 2024


1. STATEMENT OF COMPLIANCE

Miscombe Group Limited is a private company, limited by shares, incorporated in England and Wales. The address of the registered office is 1 Jacobs Yard, North Lane, Buriton, Petersfield, GU31 5RR. The registration number is 01124395.

The financial statements are presented in sterling which is the functional currency of the group and rounded to the nearest pound.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of 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 historical cost convention, with the exception of investment properties that are held at fair value.

Basis of consolidation
The consolidated financial statements incorporate the results of Miscombe Group Limited and all its subsidiary undertakings using the acquisition method of accounting.

During the year the Company disposed of a subsidiary. Results of discontinued operations are presented separately in the Consolidated Income Statement and clearly identified as relating to discontinued operations. Values are not comparable with the previous year as the trading period for the disposal relates to a single month compared to the prior year period of one year.

The investment in the associate is included using the equity method of accounting.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Transactions between group entities which have been eliminated on consolidation are not disclosed within the financial statements.

Miscombe Group Limited (Registered number: 01124395)

Notes to the Consolidated Financial Statements - continued
for the Year Ended 30th September 2024


2. ACCOUNTING POLICIES - continued

Income
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Group and the revenue can be reliably measured. Revenue is measured at fair value of the consideration received or receivable, excluding value added tax. The following criteria must also be met before revenue is recognised:

Farming
Turnover in respect of crops grown in the current period sold on forward contracts is recognised in the current period at the expected price of the crops on maturity of the contract.

Sale of properties
Turnover represents the consideration for property sales recognised on legal completion.

Furniture wholesale and retail
Turnover comprises revenue recognised by the Group in respect of goods and services supplied during the year, exclusive of value added tax and trade discounts. Revenue is recognised once the significant risks and rewards of ownership is transferred to the buyer, this is deemed when the goods are despatched.

Rent receivable
Turnover comprising of rent receivable from the Company's property, exclusive of value added tax where applicable, is recognised on a straight line basis over the term of the lease.

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

Freehold Land-Not depreciated
Freehold Property-2% straight line
Plant and machinery-10 - 20% straight line
Motor vehicles-10 - 20% straight line
Furniture, fixtures and equipment-20% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate.

Investment property
Investment property is carried at fair value determined annually by the directors and derived from available market information. Changes in fair value are recognised in the Consolidated Income Statement and no depreciation is provided on these assets.

Stocks
Work in progress
Development properties are valued at the lower of cost and net realisable value, being the estimated selling price less costs to complete. Cost includes all direct costs and attributable overheads associated with the development projects.

Finished goods and goods for resale
Finished goods and goods for resale are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis.

At each balance sheet date, stocks are assessed for impairment. If the stock is impaired, the
carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is
recognised in the Income Statement.

Miscombe Group Limited (Registered number: 01124395)

Notes to the Consolidated Financial Statements - continued
for the Year Ended 30th September 2024


2. ACCOUNTING POLICIES - continued

Financial instruments
Financial assets and financial liabilities are recognised when the Group becomes party to the contractual provisions of the financial instrument.

Cash and cash equivalents
These comprise cash at bank.

Debtors
Debtors do not carry any interest and are stated at their nominal value. Appropriate allowances for estimated irrecoverable amounts are recognised in the Income Statement when there is objective evidence that the asset is impaired.

Creditors
Creditors are not interest bearing and are stated at their nominal value.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Consolidated 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.

Pension costs and other post-retirement benefits
The group operates defined contribution pension schemes. Contributions payable to the group's pension schemes are charged to the Income Statement in the period to which they relate.

Investments
Investments in subsidiaries and associates are held as fixed assets and stated at cost less provision for impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 6 ) .

The average number of employees by undertakings that were proportionately consolidated during the year was 2 (2023 - 3 ) .

Miscombe Group Limited (Registered number: 01124395)

Notes to the Consolidated Financial Statements - continued
for the Year Ended 30th September 2024


4. INDIVIDUAL INCOME STATEMENT

As permitted by Section 408 of the Companies Act 2006, the Income Statement of the parent company is not presented as part of these financial statements.


5. TANGIBLE FIXED ASSETS

Group
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1st October 2023 1,833,878 183,116 60,483 31,383 2,108,860
Additions 16,341 - 15,553 - 31,894
Disposals - (3,233 ) (8,601 ) - (11,834 )
At 30th September 2024 1,850,219 179,883 67,435 31,383 2,128,920
DEPRECIATION
At 1st October 2023 103,607 163,501 54,827 30,158 352,093
Charge for year 5,065 11,055 3,868 1,225 21,213
Eliminated on disposal - (3,207 ) (8,391 ) - (11,598 )
At 30th September 2024 108,672 171,349 50,304 31,383 361,708
NET BOOK VALUE
At 30th September 2024 1,741,547 8,534 17,131 - 1,767,212
At 30th September 2023 1,730,271 19,615 5,656 1,225 1,756,767

6. FIXED ASSET INVESTMENTS

Group
Interest
in
associate
£   
COST
At 1st October 2023 1,679,523
Share of profit/(loss) (6,497 )
At 30th September 2024 1,673,026
NET BOOK VALUE
At 30th September 2024 1,673,026
At 30th September 2023 1,679,523

Miscombe Group Limited (Registered number: 01124395)

Notes to the Consolidated Financial Statements - continued
for the Year Ended 30th September 2024


6. FIXED ASSET INVESTMENTS - continued

Company
Shares in Interest
group in
undertakings associate Totals
£    £    £   
COST
At 1st October 2023 21,203 1,502,540 1,523,743
Disposals (100 ) - (100 )
At 30th September 2024 21,103 1,502,540 1,523,643
NET BOOK VALUE
At 30th September 2024 21,103 1,502,540 1,523,643
At 30th September 2023 21,203 1,502,540 1,523,743


The Company owned 100% of the ordinary shares of the following subsidiary undertakings, all of which are registered in the UK:

- Buriton Estates Limited
- Miscombe Developments Limited
- Miscombe (London) Limited
- Simon Horn Furniture Limited
- Miscombe (SPV) Limited

The registered office of these companies is 1 Jacobs Yard, North Lane, Buriton, Petersfield, GU31 5RR.

The Company disposed of 100% of ordinary shares of Miscombe Developments (Hartington) Limited on 3rd November 2023 giving rise to a gain of £123,574.

The Company owned 30% of the ordinary shares of Relyon Beds Limited an associate undertaking that is registered in the UK. The registered office is Station Mills, Wellington, Somerset, United Kingdom, TA21 8NN.

7. INVESTMENT PROPERTY

Group

2024 2023
£ £
FAIR VALUE
At 1st October 4,219,000 4,205,000
Revaluations - 14,000
At 30th September 4,219,000 4,219,000


Miscombe Group Limited (Registered number: 01124395)

Notes to the Consolidated Financial Statements - continued
for the Year Ended 30th September 2024


7. INVESTMENT PROPERTY - continued

Group

Fair Value at 30th September 2024 is represented by:

£
Valuation b/f (957,133 )
Valuation 2024 -
Cost 5,176,133
4,219,000

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

2024 2023
£ £
Cost 5,176,133 5,176,133

The properties are held at the fair value as estimated by the directors, based on their knowledge of the market and industry information.

8. DEBTORS

Group Company
2024 2023 2024 2023
£    £    £    £   
Amounts falling due within one year:
Trade debtors 33,318 72,223 - -
Amounts owed by related parties 1,204,678 - 1,204,678 -
Other debtors 83,069 46,300 - 84
Tax - 11,398 - 5,978
VAT 5,139 - - -
Prepayments and accrued income 110,011 65,518 88,663 13,042
1,436,215 195,439 1,293,341 19,104

Amounts falling due after more than one year:
Amounts owed by group undertakings - - 2,850,000 2,850,000
Amounts owed by related parties 5,869,423 5,930,000 - -
5,869,423 5,930,000 2,850,000 2,850,000

Aggregate amounts 7,305,638 6,125,439 4,143,341 2,869,104

Miscombe Group Limited (Registered number: 01124395)

Notes to the Consolidated Financial Statements - continued
for the Year Ended 30th September 2024


9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Group Company
2024 2023 2024 2023
£    £    £    £   
Trade creditors 46,126 43,808 - -
Amounts owed to group undertakings - - 100 100
Amounts owed to related parties 1,575,000 744,333 1,575,000 744,333
Social security and other taxes 7,385 4,920 2,714 660
VAT - 3,493 1,092 311
Other creditors 10,987 92,503 - -
Accruals and deferred income 224,386 214,633 54,943 74,400
1,863,884 1,103,690 1,633,849 819,804

Included in Other creditors for the Group are pension creditor balances totalling £2,714 (2023: £660).

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

Group Company
2024 2023 2024 2023
£    £    £    £   
Amounts owed to related parties - 1,500,000 - 1,500,000

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
465,000 Ordinary £1 465,000 465,000

12. RESERVES

Group
Capital
Retained Revaluation redemption
earnings reserve reserve Totals
£    £    £    £   

At 1st October 2023 14,284,176 1,878,917 35,000 16,198,093
Profit for the year 120,868 120,868
Dividends (785,429 ) (785,429 )
Revaluation - (6,497 ) - (6,497 )
At 30th September 2024 13,619,615 1,872,420 35,000 15,527,035

Miscombe Group Limited (Registered number: 01124395)

Notes to the Consolidated Financial Statements - continued
for the Year Ended 30th September 2024


12. RESERVES - continued

Company
Capital
Retained redemption
earnings reserve Totals
£    £    £   

At 1st October 2023 1,634,366 35,000 1,669,366
Profit for the year 3,913,626 3,913,626
Dividends (785,429 ) (785,429 )
At 30th September 2024 4,762,563 35,000 4,797,563

Capital Redemption account
This reserve records the nominal value of shares that have been repurchased by the company. Capital redemption reserve may be used to pay up new shares to allotted members as fully paid bonus shares.

Revaluation reserve
To assist with the identification of profits available for distribution this reserve represents changes in the fair value of the company's investment properties to the extent that they are not considered to be distributable to the company's shareholders, less any related provision for current or deferred tax.

Retained Earnings
This reserve comprises all current and prior period retained profits and losses after deducting any distributions made to the company's shareholders.

13. RELATED PARTY DISCLOSURES

During the year, Miscombe Group Limited received £120,000 (2023: £200,000) of management fees from companies which share the same ultimate parent controlling party, R Barnett.

Included within debtors as amounts due from related party undertakings is £7,764,101 (2023: £5,930,000), these amounts are with a company which shares the same ultimate parent controlling party, R Barnett. These amounts are interest free and are repayable in one year and one day.

A member of the Group has provided security on a bank loan facility held by a company which shares the same ultimate controlling party as the Group, over one of its freehold investment properties.

At the year end 2023 the company had agreed to repay £75,000 to an associated company, initially received in 2022, that balance is outstanding at the balance sheet date.

Included within creditors is a £1,500,000 (2023: £2,000,000) loan from BTD Pension Scheme. £500,000 is due in less than one year. The loan is repayable over five years in equal instalments and carries an interest rate of 5% per annum. The loan has a fixed charge over Miscombe Group Limited property.

Included within creditors falling due within one year as amounts due from related party undertakings is £3,420,000 (2023: £169,333), these amounts are a company which shares the same ultimate parent controlling party, R Barnett. These amounts are interest free and amounts shown as due in less than one year are repayable on demand.

Miscombe Group Limited (Registered number: 01124395)

Notes to the Consolidated Financial Statements - continued
for the Year Ended 30th September 2024


14. ULTIMATE CONTROLLING PARTY

The company's immediate parent undertaking is Miscombe Trading Limited, a company incorporated in England and Wales. The ultimate controlling party is R Barnett by virtue of being Settlor of The KDB Trust that controls Miscombe Trading Limited.

The registered office of the parent company is 1 Jacobs Yard, North Lane, Buriton, Petersfield, Hampshire, GU31 5RR.