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REGISTERED NUMBER: 07118109 (England and Wales)

| Financial Statements |

| For The Year Ended 31 December 2024 |

| for |

| Kingscott Dix Ltd |

| Kingscott Dix Ltd (Registered number: 07118109) |

Contents of the Financial Statements

For The Year Ended 31 December 2024

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| Kingscott Dix Ltd |

Company Information

For The Year Ended 31 December 2024

| DIRECTORS: | S Baily

| P H Morgan

| M G Spashett

| P Murphy

| REGISTERED OFFICE: | Goodridge Court

| Goodridge Avenue

| Gloucester

| Gloucestershire

| GL2 5EN

| REGISTERED NUMBER: | 07118109 (England and Wales)

| AUDITORS: | SCCA Ltd T/A Strafford & Co

| Charterd Accountants & Statutory Auditor

| 3 The Studios

| 320 Chorley Old Road

| Bolton

| B11 4JU

| Kingscott Dix Ltd (Registered number: 07118109) |

Balance Sheet

31 December 2024

| 31.12.24 | 31.12.23 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 377,507 |  | 430,795 |  |

Tangible assets | 5 | 10,287 |  | 5,075 |  |

387,794 |  | 435,870 |  |

CURRENT ASSETS

Stocks - work in progress | 23,558 |  | 20,417 |  |

Debtors | 6 | 970,093 |  | 953,088 |  |

Cash at bank and in hand | 256,701 |  | 151,531 |  |

1,250,352 |  | 1,125,036 |  |

CREDITORS

Amounts falling due within one year | 7 | 443,517 |  | 371,027 |  |

NET CURRENT ASSETS | 806,835 |  | 754,009 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,194,629 |  | 1,189,879 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (248,105 | ) | (318,699 | ) |

PROVISIONS FOR LIABILITIES | (938 | ) | (938 | ) |

NET ASSETS | 945,586 |  | 870,242 |  |

CAPITAL AND RESERVES

Called up share capital | 14,285 |  | 14,285 |  |

Share premium | 163,715 |  | 163,715 |  |

Capital redemption reserve | 200 |  | 200 |  |

Retained earnings | 767,386 |  | 692,042 |  |

SHAREHOLDERS' FUNDS | 945,586 |  | 870,242 |  |

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 29 August 2025 and were signed on its behalf by:

S Baily - Director

| Kingscott Dix Ltd (Registered number: 07118109) |

Notes to the Financial Statements

For The Year Ended 31 December 2024

1. | STATUTORY INFORMATION

| Kingscott Dix Ltd 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.

| Turnover and income recognition

| Turnover is recognised at the fair value of the consideration received or receivable for professional services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade and settlement discounts.

| Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion where it is possible to reliably estimate the stage of completion, costs incurred and costs to completion. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent that the related expenses recognised are recoverable.

| Goodwill

| Goodwill, is initially measured at cost being the amount paid in connection with the acquisition of businesses. After initial recognition, it is measured at cost less any accumulated amortisation or accumulated impairment losses. Goodwill is being amortised as follows:

| 2010 Acquisition - over 20 years

| 2015 Acquisition - over 5 years

| 2022 Acquisition - over 3 years

| Tangible fixed assets

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

| Fixtures and fittings - 25% on cost

| Computer Equipment - 33.33% on cost

| Kingscott Dix Ltd (Registered number: 07118109) |

Notes to the Financial Statements - continued

For The Year Ended 31 December 2024

2. | ACCOUNTING POLICIES - continued

| Financial instruments

| The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

| Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

| Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

| Basic financial assets

| Basic financial assets, which include trade and other debtors and cash and bank balances, are measured at transaction price including transaction costs.

| Impairment of financial assets

| Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date.

| Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. The impairment loss is recognised in profit or loss.

| Derecognition of financial assets

| Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire, or when it transfers the financial asset and substantially all the risks and rewards of ownership to another entity.

| Classification of financial liabilities

| Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

| Basic financial liabilities

| Basic financial liabilities, including trade and other creditors, bank loans, are recognised at transaction price.

| Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

| Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if payment is due within one year. If not, they are presented as creditors falling due after more than one year. Trade creditors are recognised at transaction price.

| Derecognition of financial liabilities

| Financial liabilities are derecognised when, and only when, the company's obligations are discharged, cancelled, or they expire.

| 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.

| Kingscott Dix Ltd (Registered number: 07118109) |

Notes to the Financial Statements - continued

For The Year Ended 31 December 2024

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.

| Work in progress

| Work in progress in respect of contracts where the outcome cannot be assessed with reasonable certainty is valued at the lower of cost and net realisable value. Cost is represented by labour and other direct costs and overheads incurred in bringing each matter to its present state of completion. Net realisable value is the estimated fee charge less further costs expected to be incurred to completion.

| Operating leases

| Rentals payable under operating leases, including any lease incentives received, are charged to the income statement on a straight line basis over the term of the lease.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 35 (2023 - 33 ) .

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 January 2024 | 1,784,600 |  |

| Additions | 32,105 |  |

| At 31 December 2024 | 1,816,705 |  |

| AMORTISATION

| At 1 January 2024 | 1,353,805 |  |

| Charge for year | 85,393 |  |

| At 31 December 2024 | 1,439,198 |  |

| NET BOOK VALUE

| At 31 December 2024 | 377,507 |  |

| At 31 December 2023 | 430,795 |  |

| Kingscott Dix Ltd (Registered number: 07118109) |

Notes to the Financial Statements - continued

For The Year Ended 31 December 2024

5. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 January 2024 | 243,905 |  |

| Additions | 9,751 |  |

| At 31 December 2024 | 253,656 |  |

| DEPRECIATION

| At 1 January 2024 | 238,830 |  |

| Charge for year | 4,539 |  |

| At 31 December 2024 | 243,369 |  |

| NET BOOK VALUE

| At 31 December 2024 | 10,287 |  |

| At 31 December 2023 | 5,075 |  |

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

| 31.12.24 |  | 31.12.23

£ | £ |

| Trade debtors | 368,875 |  | 388,522 |  |

| Amounts recoverable on

| contracts | 529,690 |  | 498,439 |  |

| Other debtors | 71,528 |  | 66,127 |  |

970,093 |  | 953,088 |  |

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

| 31.12.24 |  | 31.12.23

£ | £ |

| Trade creditors | 22,753 |  | 16,252 |  |

| Taxation and social security | 345,847 |  | 288,847 |  |

| Other creditors | 74,917 |  | 65,928 |  |

443,517 |  | 371,027 |  |

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

| 31.12.24 |  | 31.12.23

£ | £ |

| Other creditors | 248,105 |  | 318,699 |  |

9. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

| The Report of the Auditors was unqualified.

| Robert Stafford BA (Hons) FCA (Senior Statutory Auditor)

| for and on behalf of SCCA Ltd T/A Strafford & Co

| Kingscott Dix Ltd (Registered number: 07118109) |

Notes to the Financial Statements - continued

For The Year Ended 31 December 2024

10. | OTHER FINANCIAL COMMITMENTS

| At 31 December 2024 the company had total commitments in respect of non-cancellable operating leases over the lives of those leases of £210,166 (31 December 2023: £16,167).