REGISTERED NUMBER: 06442494 (England and Wales)

L. H. Evans Holdings Limited

Group Strategic Report, Report of the Director and

Consolidated Financial Statements for the Year Ended 31 March 2025

Page

Company Information

1

Group Strategic Report

2

Report of the Director

3

Report of the Independent Auditors

4

Consolidated Statement of Comprehensive Income

6

Consolidated Balance Sheet

7

Company Balance Sheet

8

Consolidated Statement of Changes in Equity

9

Company Statement of Changes in Equity

10

Consolidated Cash Flow Statement

11

Notes to the Consolidated Cash Flow Statement

12

Notes to the Consolidated Financial Statements

13

Director:

A S L Evans

Registered office:

L H Evans

Ocean Way

Ocean Park

Cardiff

CF24 5HH

Registered number:

06442494 (England and Wales)

Auditors:

Menzies LLP, Statutory Auditors

5th Floor Hodge House

114-116 St Mary Street

Cardiff

CF10 1DY

The director presents his strategic report of the company and the group for the year ended 31 March 2025.

Review of business

The accounts are presented for the full year ended 31.03.2025.

During the year turnover has decreased some 3% over the previous year but considering the unpredictable trading conditions the directors are unconcerned with this reduction.

The business has delivered a profit of £329,523 before tax.

Principal risks and uncertainties

The directors continue to seek mitigation to exposure to cash flow risk through the use of an invoice financing arrangement, whilst this facility has not been used for over 12 months, the directors are happy to continue with the arrangement for future opportunities, if and when they arise. The policy is further strengthened through trade debt insurance covering all account customers. Monthly management information allows the directors to monitor financial risks on an ongoing basis. In the opinion of the directors, the company is not particularly susceptible to credit or price risk, but they continue to implement measures to improve turnover levels and margins achieved.

Future development

Moving forward, the company is consolidating on its activities, the company continues to increase its customer and product base to bring a higher gross margin into the operating results.

All possible channels for growth are regularly reviewed, and whilst no significant developments are planned, opportunities arise.

The business continues to execute sound financial practices and add to accumulated reserves.

On behalf of the board:

A S L Evans - Director

23 September 2025

The director presents his report with the financial statements of the company and the group for the year ended 31 March 2025.

Dividends

No dividends will be distributed for the year ended 31 March 2025.

Director

A S L Evans held office during the whole of the period from 1 April 2024 to the date of this report.

Statement of director's responsibilities

The director is responsible for preparing the Group Strategic Report, the Report of the Director and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and the group and of the profit or loss of the group for that period. In preparing these financial statements, the director is required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's and the group's transactions and disclose with reasonable accuracy at any time the financial position of the company and the group and enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and the group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Statement as to disclosure of information to auditors

So far as the director is aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the group's auditors are unaware, and he has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the group's auditors are aware of that information.

Auditors

The auditors, Menzies LLP, Statutory Auditors, will be proposed for re-appointment at the forthcoming Annual General Meeting.

On behalf of the board:

A S L Evans - Director

23 September 2025

Opinion

We have audited the financial statements of L. H. Evans Holdings Limited (the 'parent company') and its subsidiaries (the 'group') for the year ended 31 March 2025 which comprise the Consolidated Statement of Comprehensive Income, Consolidated Balance Sheet, Company Balance Sheet, Consolidated Statement of Changes in Equity, Company Statement of Changes in Equity, Consolidated Cash Flow Statement and Notes to the Consolidated Cash Flow Statement, Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

-	give a true and fair view of the state of the group's and of the parent company affairs as at 31 March 2025 and of the group's profit for the year then ended;

-	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

-	have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the director with respect to going concern are described in the relevant sections of this report.

Other information

The director is responsible for the other information. The other information comprises the information in the Group Strategic Report and the Report of the Director, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

-	the information given in the Group Strategic Report and the Report of the Director for the financial year for which the financial statements are prepared is consistent with the financial statements; and

-	the Group Strategic Report and the Report of the Director have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the group and the parent company and its environment obtained in the course of the audit, we have not identified material misstatements in the Group Strategic Report or the Report of the Director.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

-	adequate accounting records have not been kept by the parent company, or returns adequate for our audit have not been received from branches not visited by us; or

-	the parent company financial statements are not in agreement with the accounting records and returns; or

-	certain disclosures of director's remuneration specified by law are not made; or

-	we have not received all the information and explanations we require for our audit.

Responsibilities of director

As explained more fully in the Statement of Director's Responsibilities set out on page three, the director is responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the director determines necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the director is responsible for assessing the group's and the parent company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the director either intends to liquidate the group or the parent company or to cease operations, or has no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Our planning procedures identify the legal and regulatory frameworks applicable to the operations and financial statements of the company. These are reviewed internally with the audit team including relevant industry experience and expectations as well as externally with the client management. The key laws and regulations we considered in this context were the UK Companies Act 2006, UK GAAP (FRS 102) and relevant tax legislation.

Once identified, we assess the risks of material misstatements in relation to the laws and regulations, irregularities, including fraud and adjust our testing accordingly. Our audit procedures include:

-

Discussing with Directors and management which areas of the business they believe to be more susceptible to fraud, and whether they have any knowledge or suspicion of fraudulent activities;

-

Obtaining an understanding of the key controls put in place by the company to address risks identified, assessing the effectiveness of those and discussing how these are maintained and monitored internally;

-

Assessing the risk of management override and review and testing of journal entries made into the accounting system;

-

Challenging assumptions and judgements made by the company in relation to the significant accounting estimates employed in the preparation of the financial statements;

-

Discussing with Directors and Management the legal and regulatory obligations of the business and whether they have any knowledge or suspicion of non compliance.

Despite the audit being planned and conducted in accordance with ISAs (UK) there remains an unavoidable risk that material misstatements in the financial statements may not be detected owing to inherent limitations of the audit, and that by their very nature, any such instances of fraud or irregularities likely involve collusion, forgery, intentional misrepresentation, or the override of internal controls.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Victoria Carter (Senior Statutory Auditor)

for and on behalf of Menzies LLP, Statutory Auditors

5th Floor Hodge House

114-116 St Mary Street

Cardiff

CF10 1DY

26 September 2025

Turnover

3

14,845,130

15,296,191

Cost of sales

(11,014,345

)

(11,641,485

)

Gross profit

3,830,785

3,654,706

Administrative expenses

(3,508,236

)

(3,198,472

)

Operating profit

322,549

456,234

Interest receivable and similar income

7,670

15,483

330,219

471,717

Interest payable and similar expenses

5

(696

)

(790

)

Profit before taxation

6

329,523

470,927

Tax on profit

8

(97,168

)

(134,097

)

Profit for the financial year

232,355

336,830

Other comprehensive income

-

-

Total comprehensive income for the year

232,355

336,830

Profit attributable to:

Owners of the parent

232,355

336,830

Total comprehensive income attributable to:

Owners of the parent

232,355

336,830

Fixed assets

Intangible assets

10

60,073

84,913

Tangible assets

11

2,054,687

2,118,890

Investments

12

26,300

26,300

2,141,060

2,230,103

Current assets

Stocks

13

1,650,727

1,642,013

Debtors

14

3,104,952

2,921,269

Cash at bank and in hand

1,069,968

872,310

5,825,647

5,435,592

Creditors

Amounts falling due within one year

15

(2,734,540

)

(2,655,780

)

Net current assets

3,091,107

2,779,812

Total assets less current liabilities

5,232,167

5,009,915

Creditors

Amounts falling due after more than one year

16

(9,918

)

(20,021

)

Net assets

5,222,249

4,989,894

Capital and reserves

Called up share capital

21

13,736

13,736

Share premium

697,809

697,809

Revaluation reserve

781,268

781,268

Retained earnings

3,729,436

3,497,081

Shareholders' funds

5,222,249

4,989,894

The financial statements were approved by the director and authorised for issue on 23 September 2025 and were signed by:

A S L Evans - Director

Fixed assets

Intangible assets

10

-

-

Tangible assets

11

-

-

Investments

12

12,916

12,916

12,916

12,916

Current assets

Debtors

14

3,609,758

3,471,967

Cash at bank

415,237

604,487

4,024,995

4,076,454

Creditors

Amounts falling due within one year

15

(1,866,217

)

(1,850,698

)

Net current assets

2,158,778

2,225,756

Total assets less current liabilities

2,171,694

2,238,672

Capital and reserves

Called up share capital

21

13,736

13,736

Share premium

697,809

697,809

Retained earnings

1,460,149

1,527,127

Shareholders' funds

2,171,694

2,238,672

Company's loss for the financial year

(66,978

)

(20,207

)

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 23 September 2025 and were signed by:

A S L Evans - Director

Called up

share

Retained

Share

Revaluation

Total

capital

earnings

premium

reserve

equity

£

£

£

£

£

Balance at 1 April 2023

13,736

3,160,251

697,809

781,268

4,653,064

Changes in equity

Total comprehensive income

-

336,830

-

-

336,830

Balance at 31 March 2024

13,736

3,497,081

697,809

781,268

4,989,894

Changes in equity

Total comprehensive income

-

232,355

-

-

232,355

Balance at 31 March 2025

13,736

3,729,436

697,809

781,268

5,222,249

Called up

share

Retained

Share

Total

capital

earnings

premium

equity

£

£

£

£

Balance at 1 April 2023

13,736

1,547,334

697,809

2,258,879

Changes in equity

Total comprehensive income

-

(20,207

)

-

(20,207

)

Balance at 31 March 2024

13,736

1,527,127

697,809

2,238,672

Changes in equity

Total comprehensive income

-

(66,978

)

-

(66,978

)

Balance at 31 March 2025

13,736

1,460,149

697,809

2,171,694

Cash flows from operating activities

Cash generated from operations

1

341,425

(8,978

)

Interest paid

(696

)

(790

)

Tax paid

(140,640

)

(75,619

)

Net cash from operating activities

200,089

(85,387

)

Cash flows from investing activities

Purchase of tangible fixed assets

-

(1,000

)

Interest received

7,670

15,483

Net cash from investing activities

7,670

14,483

Cash flows from financing activities

Loan movements

(10,101

)

(9,858

)

Net cash from financing activities

(10,101

)

(9,858

)

Increase/(decrease) in cash and cash equivalents

197,658

(80,762

)

Cash and cash equivalents at beginning of year

2

872,310

953,072

Cash and cash equivalents at end of year

2

1,069,968

872,310

1.	Reconciliation of profit before taxation to cash generated from operations

2025

2024

£

£

Profit before taxation

329,523

470,927

Depreciation charges

89,043

90,950

Finance costs

696

790

Finance income

(7,670

)

(15,483

)

411,592

547,184

(Increase)/decrease in stocks

(8,714

)

137,681

(Increase)/decrease in trade and other debtors

(176,392

)

569,827

Increase/(decrease) in trade and other creditors

114,939

(1,263,670

)

Cash generated from operations

341,425

(8,978

)

2.	Cash and cash equivalents

The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

Year ended 31 March 2025

31.3.25

1.4.24

£

£

Cash and cash equivalents

1,069,968

872,310

Year ended 31 March 2024

31.3.24

1.4.23

£

£

Cash and cash equivalents

872,310

953,072

3.	Analysis of changes in net funds

At 1.4.24

Cash flow

At 31.3.25

£

£

£

Net cash

Cash at bank and in hand

872,310

197,658

1,069,968

872,310

197,658

1,069,968

Debt

Debts falling due within 1 year

(9,788

)

-

(9,788

)

Debts falling due after 1 year

(20,021

)

10,103

(9,918

)

(29,809

)

10,103

(19,706

)

Total

842,501

207,761

1,050,262

1.	Statutory information

L. H. Evans Holdings 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 General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Basis of consolidation

The group financial statements consolidates the financial statements of the parent company and its subsidiaries for the year ended 31 March 2024. No profit and loss account is presented for the company as permitted by Section 408 of the Companies Act 2006.

Critical accounting judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements,estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The judgements and estimations that management has made in the process of applying the entity's accounting policies and that have the most significant effect on the amounts recognised in the financial statements are as follows:

a) Provision for buying-group rebate receivable in respect of purchases made in the year,

b) Depreciation charges on tangible fixed assets,

c) Calculation of other year-end accruals and prepayments and

d) Stock provisions based on stock turnover.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of ten years.

Goodwill arises on business acquisitions and represents the excess cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business.

Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed 10 years.

If there is an indication that there has been significant change in the amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Freehold property

-

2% on cost

Plant and machinery

-

15% on cost

Fixtures and fittings

-

15% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

20% on cost

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets,the depreciation is revised prospectively to reflect the new estimates.

Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss.

A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset,the excess shall be recognised in profit or loss.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchases, costs of conversion and other costs incurred in bringing the stock to its present location and condition, and is determined by a rolling average of the prices paid in respect of the individual stock lines, calculated on a first-in-first-out basis.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.

Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately,to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Consolidated Statement of Comprehensive Income, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount,the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash- generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent to the cash inflows from other assets or groups of assets.

For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

3.

Turnover

The turnover and profit before taxation are attributable to the one principal activity of the group.

An analysis of turnover by class of business is given below:

2025

2024

£

£

Sale of goods

14,845,130

15,296,191

14,845,130

15,296,191

The whole turnover is attributable to the principal activity of the group wholly undertaken in the United Kingdom.

4.	Employees and directors

2025

2024

£

£

Wages and salaries

1,962,750

1,844,396

Social security costs

188,728

185,918

Other pension costs

160,138

92,717

2,311,616

2,123,031

The average number of employees during the year was as follows:

2025

2024

Management

3

3

Other staff

59

59

62

62

During the year the group paid key management gross salaries and benefits totalling £431,040. Key management are considered to be 7 individuals who directly impact upon the strategic direction of the group.

2025

2024

£

£

Director's remuneration

70,000

72,507

5.

Interest payable and similar expenses

2025

2024

£

£

Bank interest

696

790

6.	Profit before taxation

The profit is stated after charging:

2025

2024

£

£

Hire of plant and machinery

124,185

127,062

Other operating leases

24,650

20,242

Depreciation - owned assets

64,203

66,110

Goodwill amortisation

24,840

24,840

7.	Auditors' remuneration

2025

2024

£

£

Fees payable to the company's auditors for the audit of the company's financial statements

13,829

15,950

Taxation compliance services

3,052

3,520

8.

Taxation

Analysis of the tax charge

The tax charge on the profit for the year was as follows:

2025

2024

£

£

Current tax:

UK corporation tax

104,459

140,771

Deferred tax

(7,291

)

(6,674

)

Tax on profit

97,168

134,097