REGISTERED NUMBER: 01481923 (England and Wales)

JRS Services (Forecourts) Limited

Strategic Report, Report of the Directors and

Financial Statements for the Year Ended 31 March 2025

Page

Company Information

1

Strategic Report

2

Report of the Directors

4

Report of the Independent Auditors

5

Income Statement

9

Other Comprehensive Income

10

Balance Sheet

11

Statement of Changes in Equity

12

Notes to the Financial Statements

13

DIRECTORS:

K P Marshall

J W Richardson

SECRETARY:

K P Marshall

REGISTERED OFFICE:

Unit 12

Brackenholme Business Park

Brackenholme

Selby

Y08 6EL

REGISTERED NUMBER:

01481923 (England and Wales)

AUDITORS:

Smailes Goldie

Chartered Accountants

Statutory Auditor

Regent's Court

Princess Street

Hull

East Yorkshire

HU2 8BA

The directors present their strategic report for the year ended 31 March 2025.

FAIR REVIEW OF BUSINESS

The year ended 31st March 2025 was another successful year for the company. While turnover and profitability saw modest declines, the Company strengthened its balance sheet, invested in a new to industry site, and positioned itself well for future growth.

Turnover for the year stood at £44.806m (2024: £46.469m), this slight decline is attributed to the fall in oil price and therefore lower retail fuel prices rather than a fall in volume.

With gross margins maintained at similar levels, both the gross profit and operating profit fell by similar percentages as expected. Operating and administrative expenses continue to be closely monitored against budget. Whilst employee numbers remained fairly static, wage costs increased from £2.277m in the year ended 31st March 2024 to £2.405m in the year ended 31st March 2025.

The company's profitability for the year is reflected in the increase in net assets, which rose from £20.961m to £23.617m, with all profits retained within the business.

The company completed construction of a new-to-industry site at Eden Service Station in Malton, North Yorkshire in March 2025, officially opening to the public on 3rd April 2025. Early trading performance has been promising.

PRINCIPAL RISKS AND UNCERTAINTIES

The directors have detailed below a number of risk factors which they believe could cause the actual results to differ from expectations. However other factors could affect performance and the risks below should not be considered a complete set of potential risks and uncertainties.

Financial - The directors monitor cash regularly and maintain sufficient reserves to meet all foreseeable operating costs. This, together with maintaining a reasonable level of cash reserves allows the company to react quickly to new opportunities as they arise. Longer term projects are matched to longer term funding where deemed necessary. The company has cash reserves of £6.962m at the year end.

Operational/Regulatory - The Directors place great importance on the health and safety of its employees, customers and the wider community. Awareness of the risk associated with storage and handling of petroleum products has a high profile within the company as well as those related to the sale of age-related products. Food safety standards are another area of key focus for the management team.

PROMOTING THE SUCCESS OF THE COMPANY

In accordance with section 172 of the Companies Act each of the directors acts in a way that he or she considers, in good faith, would most likely promote the success of the company for the benefit of its members as a whole.

The directors are aware of how important building and maintaining a successful relationship with stakeholders is to the business; be it employees, customers, suppliers or the wider community.

In making decisions, the directors take account not only of the short-term requirements of the business but also the longer term impact on these stakeholders.

Employees - the company views pay and benefits as just one element of the needs of staff and is highly aware of the obligation to look after the security and welfare of staff. Training and development are considered where support is required or career paths identify promotional opportunities. All employees benefit from an annual loyalty bonus given in the form of vouchers in December.

Customers - Engagement with our customers is essential, and achieved through feedback, social media activity and promotional information. Providing our customers with the products and services they require at the right time is imperative to building and maintaining our relationship.

Suppliers - Maintaining a good relationship with suppliers over the longer term contributes to the success of the business and the promotion of brand loyalty. Allowing local businesses to be represented on site also benefits our customers, suppliers and the community.

STREAMLINED ENERGY AND CARBON REPORT

The company has taken the exemption available in respect of Carbon Reporting disclosures on the grounds that this information is reported within the consolidated financial statements of the parent company, Jos Richardson and Son Limited.

ON BEHALF OF THE BOARD:

J W Richardson - Director

30 September 2025

The directors present their report with the financial statements of the company for the year ended 31 March 2025.

DIVIDENDS

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

DIRECTORS

The directors shown below have held office during the whole of the period from 1 April 2024 to the date of this report.

K P Marshall

J W Richardson

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Strategic Report, the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

-	select suitable accounting policies and then apply them consistently;

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

-	state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;

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

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company 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 directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he or she ought to have taken as a director in order to make himself or herself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS

The auditors, Smailes Goldie, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

J W Richardson - Director

30 September 2025

Opinion

We have audited the financial statements of JRS Services (Forecourts) Limited (the 'company') for the year ended 31 March 2025 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and 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 company's affairs as at 31 March 2025 and of its 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 company 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 directors' 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 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 directors with respect to going concern are described in the relevant sections of this report.

Other information

The directors are responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Directors, 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 Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and

-	the Strategic Report and the Report of the Directors 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 company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the Directors.

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, or returns adequate for our audit have not been received from branches not visited by us; or

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

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

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

Responsibilities of directors

As explained more fully in the Statement of Directors' Responsibilities set out on page four, the directors are 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 directors determine 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 directors are responsible for assessing the 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 directors either intend to liquidate the company or to cease operations, or have 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 approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, including the United Kingdom Accounting Standards (FRS102), the Companies Act 2006 and tax legislation. We also considered these laws and regulations that may have a material indirect effect on the financial statements including data protection, anti-bribery, employment, environmental and health and safety legislation. An understanding of these laws and regulations and the extent of compliance was obtained through discussion with management and inspecting legal and regulatory correspondence.

We assessed the susceptibility of the company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by making enquiries of management and considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.

To address the risk of fraud through management bias and override of controls, we:

-

performed analytical procedures to identify any unusual or unexpected relationships;

-

tested journal entries to identify unusual transactions;

-

assessed whether judgements and assumptions made in determining the accounting estimates were indicative of potential bias; and

-

investigated the rationale behind significant or unusual transactions.

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

-

agreeing financial statement disclosures to underlying supporting documentation;

-

reading the minutes of meetings of those charged with governance;

-

enquiring of management as to actual and potential litigation and claims; and

-

reviewing correspondence with relevant regulators and the company's legal advisors.

Due to the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.

The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission, or misrepresentation.

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.

Matthew Fox FCCA (Senior Statutory Auditor)

for and on behalf of Smailes Goldie

Chartered Accountants

Statutory Auditor

Regent's Court

Princess Street

Hull

East Yorkshire

HU2 8BA

30 September 2025

TURNOVER

3

44,806,298

46,469,567

Cost of sales

39,282,900

40,808,310

GROSS PROFIT

5,523,398

5,661,257

Administrative expenses

2,344,674

2,464,089

3,178,724

3,197,168

Other operating income

191,209

189,564

OPERATING PROFIT

5

3,369,933

3,386,732

Interest receivable and similar income

367,971

392,788

3,737,904

3,779,520

Interest payable and similar expenses

6

198,785

119,822

PROFIT BEFORE TAXATION

3,539,119

3,659,698

Tax on profit

7

882,846

971,331

PROFIT FOR THE FINANCIAL YEAR

2,656,273

2,688,367

PROFIT FOR THE YEAR

2,656,273

2,688,367

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

2,656,273

2,688,367

FIXED ASSETS

Intangible assets

8

386,313

503,805

Tangible assets

9

9,776,117

7,686,017

Investment property

10

358,594

358,594

10,521,024

8,548,416

CURRENT ASSETS

Stocks

11

760,825

819,924

Debtors

12

11,671,841

6,084,946

Cash at bank and in hand

6,962,738

11,637,107

19,395,404

18,541,977

CREDITORS

Amounts falling due within one year

13

3,365,196

3,124,819

NET CURRENT ASSETS

16,030,208

15,417,158

TOTAL ASSETS LESS CURRENT LIABILITIES

26,551,232

23,965,574

CREDITORS

Amounts falling due after more than one year

14

(2,198,878

)

(2,396,847

)

PROVISIONS FOR LIABILITIES

17

(735,077

)

(607,723

)

NET ASSETS

23,617,277

20,961,004

CAPITAL AND RESERVES

Called up share capital

18

502

502

Other reserves

19

2,620,674

2,597,674

Retained earnings

19

20,996,101

18,362,828

23,617,277

20,961,004

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by:

J W Richardson - Director

Called up

share

Retained

Other

Total

capital

earnings

reserves

equity

£

£

£

£

Balance at 1 April 2023

502

15,687,974

2,584,161

18,272,637

Changes in equity

Total comprehensive income

-

2,674,854

13,513

2,688,367

Balance at 31 March 2024

502

18,362,828

2,597,674

20,961,004

Changes in equity

Total comprehensive income

-

2,633,273

23,000

2,656,273

Balance at 31 March 2025

502

20,996,101

2,620,674

23,617,277

1.	STATUTORY INFORMATION

JRS Services (Forecourts) 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 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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

These financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

Financial Reporting Standard 102 - reduced disclosure exemptions

The company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":

•

the requirements of Section 7 Statement of Cash Flows.

The financial statements of the company are consolidated in the financial statements of Jos Richardson & Son Limited. These consolidated financial statements are available from its registered office, Suite 12, Brackenholme Business Park, Brackenholme, Selby, YO8 6EL.

Significant judgements and estimates

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

The following judgements (apart from those involving estimates) have had the most significant effect on amounts recognised in the financial statements.

Goodwill on business combinations

In previous years, businesses were acquired by purchasing the entire share capital of the operating companies and subsequently hiving the trade and assets out of the acquired company. The directors consider that the ongoing trade of those sites continue to generate economic benefit for the company and accordingly have recognised goodwill arising on the initial pre-hive business combination, which attaches to the cash-generating units for the respective sites.

Amortisation

The amortisation policy has been set according to management's experience of the useful lives of a typical asset in each category, something which is reviewed annually. It is not considered practical to use a per unit basis to allocate amortisation without undue cost and therefore amounts are charged annually. The amortisation charged during the year was £115,000 (2024 - £117,004) which the directors feel is a fair reflection of the benefits derived from the consumption of the intangible fixed assets in use during the period.

Investment Property

As required by FRS 102, properties which qualify as investment properties are revalued to fair value at each period end. The directors have made use of external specialists to obtain market valuations for its properties to ensure values are suitable, however there remains inherent uncertainty. On balance the directors do not consider this uncertainty to give rise to a material risk as at the year end.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually at the point of sale), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Goodwill

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date if the fair value can be measured reliably.

Goodwill is being written off in equal annual instalments over its estimated useful economic life of 10 years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of three years.

Tangible fixed assets

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

Tangible fixed assets are stated at cost less accumulated depreciation.

The company assesses at each reporting date whether tangible fixed assets are impaired.

Depreciation is charged to the profit and loss account on a straight line basis over the estimated useful lives of each part of an item of tangible fixed assets. The estimated useful lives are as follows:

- Land and Buildings

- 4% Straight Line

- Plant and Machinery etc

- 15-50% Straight Line

- Fixtures and Fittings

- 20-50% Straight Line

- Motor Vehicles

- 25% Reducing Balance

Depreciation methods, useful lives and residual values are reviewed, if there is an indication, of a significant change since last annual reporting date in the pattern by which the company expects to consume an asset's future economic benefits.

Investment property

Investment property is initially shown at cost. Subsequently, at each balance sheet date the property is measured at fair value. Any aggregate surplus or deficit arising from changes in fair value are recognised in the income statement.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell at is recognised as an impairment loss in the profit or loss. Reversals of impairment loss are also recognised in the profit and loss.

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 statement of financial position when the company becomes party to the contractual provisions of the instruments.

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.

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.

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.

3.

TURNOVER

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

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

2025

2024

£

£

Fuel

32,135,198

33,401,200

Convenience

12,671,100

13,068,367

44,806,298

46,469,567

4.	EMPLOYEES AND DIRECTORS

2025

2024

£

£

Wages and salaries

2,070,564

1,949,823

Social security costs

148,758

138,756

Other pension costs

186,659

189,181

2,405,981

2,277,760

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

2025

2024

Directors

2

3

Sales and Distribution

107

106

Office and Management

11

9

120

118

2025

2024

£

£

Directors' remuneration

106,694

105,163

5.	OPERATING PROFIT

The operating profit is stated after charging:

2025

2024

£

£

Other operating leases

62,299

84,187

Depreciation - owned assets

373,106

418,702

Goodwill amortisation

115,000

115,000

Patents and licences amortisation

2,492

2,004

6.

INTEREST PAYABLE AND SIMILAR EXPENSES

2025

2024

£

£

Bank loan interest

198,785

119,822

7.

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

755,492

1,013,761

Deferred tax

127,354

(42,430

)

Tax on profit

882,846

971,331

Reconciliation of total tax charge included in profit and loss

The tax assessed for the year is lower than the standard rate of corporation tax in the UK. The difference is explained below:

2025

2024

£

£

Profit before tax

3,539,119

3,659,698

Profit multiplied by the standard rate of corporation tax in the UK of 25% (2024 - 25%)

884,780

914,925

Effects of:

Expenses not deductible for tax purposes

1,003

-

Capital allowances in excess of depreciation

(125,606

)

(12,639

)

Adjustments to tax charge in respect of previous periods

-

(750

)

Depreciation on assets not qualifying for tax allowances

93,919

40,544

Amortisation on assets not qualifying for tax allowances

28,750

29,251

Total tax charge

882,846

971,331

8.	INTANGIBLE FIXED ASSETS

Patents

and

Goodwill

licences

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

3,546,204

6,000

3,552,204

AMORTISATION

At 1 April 2024

3,044,891

3,508

3,048,399

Amortisation for year

115,000

2,492

117,492

At 31 March 2025

3,159,891

6,000

3,165,891

NET BOOK VALUE

At 31 March 2025

386,313

-

386,313

At 31 March 2024

501,313

2,492

503,805

9.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 April 2024

9,096,457

1,110,346

487,838

53,211

10,747,852

Additions

2,157,171

306,550

7,450

-

2,471,171

Disposals

-

-

(7,965

)

-

(7,965

)

At 31 March 2025

11,253,628

1,416,896

487,323

53,211

13,211,058

DEPRECIATION

At 1 April 2024

1,840,362

893,432

306,989

21,052

3,061,835

Charge for year

212,718

95,188

57,988

7,212

373,106

At 31 March 2025

2,053,080

988,620

364,977

28,264

3,434,941

NET BOOK VALUE

At 31 March 2025

9,200,548

428,276

122,346

24,947

9,776,117

At 31 March 2024

7,256,095

216,914

180,849

32,159

7,686,017

10.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

358,594

NET BOOK VALUE

At 31 March 2025

358,594

At 31 March 2024

358,594