Contents of the Financial Statements

for the Period Ended 31 December 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

Directors' report period ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Directors

The directors shown below have held office during the whole of the period from
1 January 2024 to 31 December 2024

Mr J M Andrews
Mr CA Campbell
Mr RA Critchley
Mr RT Green

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
4 June 2025

And signed on behalf of the board by:
Name: Mr RA Critchley
Status: Director

Profit And Loss Account

for the Period Ended 31 December 2024

	2024	7 months to 31 December 2023
	£	£
Turnover:	55,484,213	48,550,498
Cost of sales:	( 41,433,807 )	( 35,204,057 )
Gross profit(or loss):	14,050,406	13,346,441
Administrative expenses:	( 14,725,291 )	( 12,147,576 )
Other operating income:	54,012	109,122
Operating profit(or loss):	(620,873)	1,307,987
Interest receivable and similar income:	284
Interest payable and similar charges:	( 41,232 )	( 115,337 )
Profit(or loss) before tax:	(661,821)	1,192,650
Tax:	( 400,630 )	( 637,979 )
Profit(or loss) for the financial year:	(1,062,451)	554,671

Balance sheet

As at 31 December 2024

	Notes	2024	7 months to 31 December 2023
		£	£
Fixed assets
Intangible assets:	3	8,186,809	10,018,760
Tangible assets:	4	2,253,234	1,400,283
Investments:		0	0
Total fixed assets:		10,440,043	11,419,043
Current assets
Stocks:	5	4,731,370	4,890,303
Debtors:	6	10,659,811	10,475,901
Cash at bank and in hand:		47,258	1,266,479
Investments:		0	0
Total current assets:		15,438,439	16,632,683
Creditors: amounts falling due within one year:	7	( 8,980,139 )	( 8,582,900 )
Net current assets (liabilities):		6,458,300	8,049,783
Total assets less current liabilities:		16,898,343	19,468,826
Creditors: amounts falling due after more than one year:	8	( 141,852 )	( 69,356 )
Provision for liabilities:		( 319,226 )	( 147,435 )
Total net assets (liabilities):		16,437,265	19,252,035
Capital and reserves
Called up share capital:		15,778,323	17,530,642
Other reserves:		2,538,293	781,469
Profit and loss account:		(1,879,351 )	939,924
Total Shareholders' funds:		16,437,265	19,252,035

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 December 2024

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Revenue is recognised to the extent that it is probable the benefits will flow to the company. Measured at fair value Excludes discounts, rebates VAT, and other sales taxes.

  Tangible fixed assets depreciation policy

  To allocate cost of assets less residual value, over estimated useful lives, on a reducing balance, or straight line basis Freehold Property 2% straight line Leasehold property 20% straight line Plant & Machinery, Motor Vehicles 25% reducing balance Fixtures, fittings, Office & Computer equipment 33% straight line

  Intangible fixed assets amortisation policy

  All intangible assets are considered to have a finite life, if that cannot be determined then a reliable estimate is given not exceeding ten years. The company, at reporting date, assesses if there is an indication of impairment. An impairment loss is recognised if the carrying amount exceeds the recoverable amount

  Valuation information and policy

  Valuation of Investment policy - investments in subsidiaries are measured at cost less accumulated impairment

  Other accounting policies

  Stocks Debtors Cash Creditors Liabilities Financial Instruments Leases Interest Finance costs Taxation - current & deferred

Notes to the Financial Statements

for the Period Ended 31 December 2024

• 2. Employees

  	2024	7 months to 31 December 2023
  Average number of employees during the period	179	179

  Group numbers of employees