The Offer Group Limited
Annual Report and Financial Statements
For the year ended 31 March 2025
Company Registration No. 02052989 (England and Wales)
The Offer Group Limited
Company Information
Directors
T H M Offer
L Offer
G Offer
R Offer
Company number
02052989
Registered office
1 Panther Quay
Old Bridge Street
Hampton Wick
Kingston upon Thames
KT1 4BU
Accountants
Moore Kingston Smith LLP
Betchworth House
57-65 Station Road
Redhill
Surrey
RH1 1DL
The Offer Group Limited
Directors' Report
For the year ended 31 March 2025
Page 1

The directors present their annual report and financial statements for the year ended 31 March 2025.

Principal activities

The principal activity of the company and group continued to be that of property investment trading and development.

Directors

The directors who held office during the year and up to the date of signature of the financial statements were as follows:

T H M Offer
L Offer
G Offer
R Offer
Small companies exemption

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

On behalf of the board
T H M Offer
Director
6 October 2025
The Offer Group Limited
Directors' Responsibilities Statement
For the year ended 31 March 2025
Page 2

The directors are responsible for preparing the Annual Report 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 group and company, and of the profit or loss of the group 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 UK 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 group and company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the group’s and company’s transactions and disclose with reasonable accuracy at any time the financial position of the group and 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 group and company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Offer Group Limited
Accountants' Report to the Board of Directors on the preparation of the Unaudited Statutory Financial Statements of The Offer Group Limited for the year ended 31 March 2025
Page 3

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Offer Group Limited for the year ended 31 March 2025 which comprise the group profit and loss account, the group balance sheet, the company balance sheet, the group statement of changes in equity, the company statement of changes in equity and the related notes from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation

This report is made solely to the Board of Directors of The Offer Group Limited, as a body, in accordance with the terms of our engagement letter dated 6 February 2025. Our work has been undertaken solely to prepare for your approval the financial statements of The Offer Group Limited and state those matters that we have agreed to state to the Board of Directors of The Offer Group Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Offer Group Limited and its Board of Directors as a body, for our work or for this report.

It is your duty to ensure that The Offer Group Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of The Offer Group Limited. You consider that The Offer Group Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of The Offer Group Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Moore Kingston Smith LLP
6 October 2025
Chartered Accountants
Betchworth House
57-65 Station Road
Redhill
Surrey
RH1 1DL
The Offer Group Limited
Group Profit and Loss Account
For the year ended 31 March 2025
Page 4
2025
2024
Notes
£
£
Administrative expenses
(1,633,963)
(1,917,572)
Other operating income/(expenses)
6
3,843,510
(68,924)
Operating profit/(loss)
3
2,209,547
(1,986,496)
Interest receivable and similar income
32,184
89,529
Interest payable and similar expenses
7
(253,992)
(142,870)
Profit/(loss) before taxation
1,987,739
(2,039,837)
Tax on profit/(loss)
8
(378,447)
9,105
Profit/(loss) for the financial year
1,609,292
(2,030,732)
Profit/(loss) for the financial year is all attributable to the owners of the parent company.
The Offer Group Limited
Group Balance Sheet
As at 31 March 2025
Page 5
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
9
6,957
10,325
Investment properties
10
28,759,913
26,371,163
Investments
11
489,883
101,682
29,256,753
26,483,170
Current assets
Stocks
946,966
946,966
Debtors
14
1,378,585
1,507,387
Cash at bank and in hand
697,249
1,441,158
3,022,800
3,895,511
Creditors: amounts falling due within one year
15
(1,652,323)
(2,106,019)
Net current assets
1,370,477
1,789,492
Total assets less current liabilities
30,627,230
28,272,662
Creditors: amounts falling due after more than one year
17
(3,687,500)
(3,028,125)
Provisions for liabilities
18
(916,921)
(831,020)
Net assets
26,022,809
24,413,517
Capital and reserves
Called up share capital
20
13,710
13,710
Share premium account
1,445,761
1,445,761
Revaluation reserve
2,062,296
1,887,883
Profit and loss reserves
22,501,042
21,066,163
Total equity
26,022,809
24,413,517

For the financial year ended 31 March 2025 the group was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities under the Companies Act 2006:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

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

The Offer Group Limited
Group Balance Sheet (Continued)
As at 31 March 2025
Page 6

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

The financial statements were approved by the board of directors and authorised for issue on 6 October 2025 and are signed on its behalf by:
06 October 2025
T H M Offer
Director
Company Registration No. 02052989
The Offer Group Limited
Company Balance Sheet
As at 31 March 2025
31 March 2025
Page 7
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
9
6,957
10,325
Investment properties
10
12,819,912
10,491,162
Investments
11
503,183
114,982
13,330,052
10,616,469
Current assets
Stocks
946,966
946,966
Debtors
14
15,173,676
15,388,522
Cash at bank and in hand
542,103
1,158,520
16,662,745
17,494,008
Creditors: amounts falling due within one year
15
(1,153,279)
(1,032,475)
Net current assets
15,509,466
16,461,533
Total assets less current liabilities
28,839,518
27,078,002
Creditors: amounts falling due after more than one year
17
(3,687,500)
(3,028,125)
Provisions for liabilities
18
(441,836)
(316,539)
Net assets
24,710,182
23,733,338
Capital and reserves
Called up share capital
20
13,710
13,710
Share premium account
1,445,761
1,445,761
Revaluation reserve
1,752,296
1,529,883
Profit and loss reserves
21,498,415
20,743,984
Total equity
24,710,182
23,733,338

As permitted by s408 Companies Act 2006, the c ompany has not presented its own profit and loss account and related notes. The c ompany’s profit for the year was £976,844 (2024 - £1,204,333 loss).

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The Offer Group Limited
Company Balance Sheet (Continued)
As at 31 March 2025
31 March 2025
Page 8

These 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 board of directors and authorised for issue on 6 October 2025 and are signed on its behalf by:
06 October 2025
T H M Offer
Director
Company Registration No. 02052989 (England and Wales)
The Offer Group Limited
Group Statement of Changes in Equity
For the year ended 31 March 2025
Page 9
Share capital
Share premium account
Revaluation reserve
Profit and loss reserves
Total
£
£
£
£
£
Balance at 1 April 2023
13,710
1,445,761
3,421,699
21,563,079
26,444,249
Year ended 31 March 2024:
Loss and total comprehensive income for the year
-
-
-
(2,030,732)
(2,030,732)
Transfer of the deferred tax liability movement
-
-
324,303
(324,303)
-
Transfer of the revaluation loss
-
-
(1,858,119)
1,858,119
-
Balance at 31 March 2024
13,710
1,445,761
1,887,883
21,066,163
24,413,517
Year ended 31 March 2025:
Profit and total comprehensive income for the year
-
-
-
1,609,292
1,609,292
Transfer of the deferred tax liability movement
-
-
(125,481)
125,481
-
Transfer of the revaluation gain
-
-
299,894
(299,894)
-
Balance at 31 March 2025
13,710
1,445,761
2,062,296
22,501,042
26,022,809
The Offer Group Limited
Company Statement of Changes in Equity
For the year ended 31 March 2025
Page 10
Share capital
Share premium account
Revaluation reserve
Profit and loss reserves
Total
£
£
£
£
£
Balance at 1 April 2023
13,710
1,445,761
2,295,599
21,182,601
24,937,671
Year ended 31 March 2024:
Loss and total comprehensive income for the year
-
-
-
(1,204,333)
(1,204,333)
Transfer of the deferred tax liability movement
-
-
218,203
(218,203)
-
Transfer of the revaluation loss
-
-
(983,919)
983,919
-
Balance at 31 March 2024
13,710
1,445,761
1,529,883
20,743,984
23,733,338
Year ended 31 March 2025:
Profit and total comprehensive income for the year
-
-
-
976,844
976,844
Transfer of the deferred tax liability movement
-
-
(125,481)
125,481
-
Transfer of the revaluation gain
-
-
347,894
(347,894)
-
Balance at 31 March 2025
13,710
1,445,761
1,752,296
21,498,415
24,710,182
The Offer Group Limited
Notes to the Financial Statements
For the year ended 31 March 2025
Page 11
1
Accounting policies
Company information

The Offer Group Limited (“the company”) is a private limited company domiciled and incorporated in England and Wales. The registered office is 1 Panther Quay, Old Bridge Street, Hampton Wick, Kingston upon Thames, KT1 4BU.

The group consists of The Offer Group Limited and all of its subsidiaries.

1.1
Accounting convention

These financial statements have been prepared in accordance with Section 1A of FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include investment properties at fair value. The principal accounting policies adopted are set out below.

1.2
Basis of consolidation

The consolidated group financial statements consist of the financial statements of the parent company The Offer Group Limited together with all entities controlled by the parent company (its subsidiaries).

All financial statements are made up to 31 March 2025. Where necessary, adjustments are made to the financial statements of subsidiaries to bring the accounting policies used into line with those used by other members of the g roup.

All intra-group transactions, balances and unrealised gains on transactions between group companies are eliminated on consolidation. Unrealised losses are also eliminated unless the transaction provides evidence of an impairment of the asset transferred.

Subsidiaries are consolidated in the group’s financial statements from the date that control commences until the date that control ceases.

1.3
Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures, fitting & equipment
20% straight line
The Offer Group Limited
Notes to the Financial Statements (Continued)
For the year ended 31 March 2025
1
Accounting policies
(Continued)
Page 12

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the profit and loss account.

1.5
Investment properties

Investment property, which is property held to earn rentals and/or for capital appreciation, is measured using the fair value model and stated at its fair value at the reporting end date. The surplus or deficit on revaluation is recognised in the profit and loss account.

The cumulative surplus on revaluation whilst recognised in profit or loss, is not distributable. The company transfers such revaluation surplus to a separate revaluation reserve within retained earnings together with the associated deferred tax annually.

Although this accounting policy is in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102"), it is a departure from the general requirements of the Companies Act 2006 for all tangible fixed assets to be depreciated. In the opinion of the directors compliance with the standard is necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of the many factors reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be separately identified or quantified.

1.6
Fixed asset investments

Equity in vest ments are measured at fair value through profit or loss, except for those equity investments that are not publicly traded and whose fair value cannot otherwise be measured reliably, which are recognised at cost less impairment until a reliable measure of fair value becomes available.

I n the parent company financial statements, investments in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the group. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

Entities in which the group has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities. The group recognises their share of income and expenditure within the profit and loss account.

1.7
Stocks

Stocks consist of completed barges and properties and is stated at the lower of cost and net realisable value. Cost represents all directly attributable materials and build costs. Selling price is the price the directs expect that the completed barges and properties could be sold for, less normal costs of sale.

Due to the specialist nature of the barges, provision is made for any fall in value or deterioration which may have occurred while stock is held pending sale.

1.8
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

The Offer Group Limited
Notes to the Financial Statements (Continued)
For the year ended 31 March 2025
1
Accounting policies
(Continued)
Page 13
1.9
Financial instruments

The group only has financial instruments classified as basic and measured at amortised cost with the exception of derivatives detailed in note 1.12.

1.10
Equity instruments

Equity instruments issued by the group are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the group.

1.11
Derivatives

Derivatives are initially recognised at fair value at the date a derivative contract is entered into and are subsequently remeasured to fair value at each reporting end date. The resulting gain or loss is recognised in profit or loss immediately unless the derivative is designated and effective as a hedging instrument, in which event the timing of the recognition in profit or loss depends on the nature of the hedge relationship.

A derivative with a positive fair value is recognised as a financial asset, whereas a derivative with a negative fair value is recognised as a financial liability.

1.12
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The group’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset if, and only if, there is a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

The Offer Group Limited
Notes to the Financial Statements (Continued)
For the year ended 31 March 2025
1
Accounting policies
(Continued)
Page 14
1.13
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.14
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to expenditure on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease d asset are consumed.

Rental income from operating leases is recognised on a straight line basis over the term of the relevant lease. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount of the leased asset and recognised on a straight line basis over the lease term.

1.15

Other operating income

Other operating income consists mainly of rental income and service charge income generated by the properties held by the company. Such income is credited to the profit and loss account on an accruals basis.

Other operating income also includes the surplus or deficit on the revaluation of investment properties.

2
Judgements and key sources of estimation uncertainty

In the application of the group’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.

Critical judgements

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

Valuation of investment property

The investment properties owned by the company and the group have been valued by T H M Offer, a director of the company, as of 31 March 2025.

The Offer Group Limited
Notes to the Financial Statements (Continued)
For the year ended 31 March 2025
Page 15
3
Operating profit/(loss)
2025
2024
Operating profit/(loss) for the year is stated after charging:
£
£
Fair value losses
20,524
11,415
4
Employees

The average monthly number of persons (including directors) employed by the group and company during the year was:

Group
Company
2025
2024
2025
2024
Number
Number
Number
Number
Total
6
6
6
6
5
Directors' remuneration
2025
2024
£
£
Remuneration paid to directors
508,090
536,423
6
Other operating income
2025
2024
£
£
Net rents receivable
2,592,617
2,492,423
Service charge receivable
427,336
364,934
Commissions receivable
14,489
15,388
Dilapidation income
-
765,000
Profit/(loss) on revaluation of investment properties
686,540
(3,695,254)
Profit on sale of investment property
143,052
-
(Loss) on revaluation of hedging instrument
(20,524)
(11,415)
3,843,510
(68,924)
7
Interest payable and similar expenses
2025
2024
£
£
Interest on bank overdrafts and loans
235,719
142,870
The Offer Group Limited
Notes to the Financial Statements (Continued)
For the year ended 31 March 2025
Page 16
8
Taxation
2025
2024
£
£
Current tax
UK corporation tax on profits for the current period
292,546
416,031
Deferred tax
Origination and reversal of timing differences
125,297
(29,041)
Gain/(Loss) on revaluation of investment properties
(39,396)
(396,095)
Total deferred tax
85,901
(425,136)
Total tax charge/(credit)
378,447
(9,105)
9
Tangible fixed assets
Group
Plant and machinery etc
£
Cost
At 1 April 2024 and 31 March 2025
67,204
Depreciation and impairment
At 1 April 2024
56,879
Depreciation charged in the year
3,368
At 31 March 2025
60,247
Carrying amount
At 31 March 2025
6,957
At 31 March 2024
10,325
The Offer Group Limited
Notes to the Financial Statements (Continued)
For the year ended 31 March 2025
9
Tangible fixed assets
(Continued)
Page 17
Company
Plant and machinery etc
£
Cost
At 1 April 2024 and 31 March 2025
67,204
Depreciation and impairment
At 1 April 2024
56,879
Depreciation charged in the year
3,368
At 31 March 2025
60,247
Carrying amount
At 31 March 2025
6,957
At 31 March 2024
10,325
10
Investment property
Group
Company
2025
2025
£
£
Fair value
At 1 April 2024
26,371,163
10,491,162
Additions
1,727,210
1,727,210
Disposals
(25,000)
(25,000)
Revaluations
686,540
626,540
At 31 March 2025
28,759,913
12,819,912

The group's and company's freehold and leasehold investment properties were valued by an internal valuer Timothy Offer MRICS, a director, as at 31 March 2025. The valuations are in accordance with the Royal Institution of Chartered Surveyors- Professional Standards

All properties are let out on operating leases.

Historical cost of the group investment properties is £29,367,803 (2024: £27,843,381). Historical cost of the company investment properties is £11,087,661 (202 4: £9,538,239).

The fair value of investment property has been arrived at on the basis of a directors' valuation as at 31 March 202 5 and was made on an open market basis. The directors have considered comparable available market information in arriving at their valuation.

The Offer Group Limited
Notes to the Financial Statements (Continued)
For the year ended 31 March 2025
Page 18
11
Fixed asset investments
Group
Company
2025
2024
2025
2024
£
£
£
£
Shares in group undertakings and participating interests
-
-
13,300
13,300
Other investments other than loans
489,883
101,682
489,883
101,682
Loans
489,883
101,682
503,183
114,982
Movements in fixed asset investments
Group
Investments
£
Cost or valuation
At 1 April 2024
101,682
Additions
388,201
At 31 March 2025
489,883
Carrying amount
At 31 March 2025
489,883
At 31 March 2024
101,682
Movements in fixed asset investments
Company
Shares in subsidiaries
Other investments
Total
£
£
£
Cost or valuation
At 1 April 2024
13,300
101,682
114,982
Additions
-
388,201
388,201
At 31 March 2025
13,300
489,883
503,183
Carrying amount
At 31 March 2025
13,300
489,883
503,183
At 31 March 2024
13,300
101,682
114,982
12
Subsidiaries

Details of the company's subsidiaries at 31 March 2025 are as follows:

The Offer Group Limited
Notes to the Financial Statements (Continued)
For the year ended 31 March 2025
12
Subsidiaries
(Continued)
Page 19
Name of undertaking
Registered office
Class of
% Held
shares held
Direct
Offer Real Limited
UK
Ordinary
100.00
Offer Properties Limited
UK
Ordinary
100.00
The aggregate capital and reserves and the result for the year of the subsidiaries noted above was as follows:
Name of undertaking
Capital and Reserves
Profit/(Loss)
£
£
Offer Real Limited
1,312,727
632,448
Offer Properties Limited
321,809
-
0

By virtue of s394A of the Companies Act 2006, Offer Properties Limited is exempt from consolidation.

13
Financial instruments
Group
Company
2025
2024
2025
2024
£
£
£
£
Carrying amount of financial assets
Instruments measured at fair value through profit or loss
1,758
1,682
1,758
1,682
The Offer Group Limited
Notes to the Financial Statements (Continued)
For the year ended 31 March 2025
Page 20
14
Debtors
Group
Company
2025
2024
2025
2024
Amounts falling due within one year:
£
£
£
£
Trade debtors
233,976
157,539
222,276
142,737
Amounts owed by group
2,275
2,275
13,880,963
13,898,212
Other debtors
970,627
1,273,265
970,627
1,273,265
Prepayments and accrued income
114,398
13,293
42,501
13,293
1,321,276
1,446,372
15,116,367
15,327,507
Amounts falling due after more than one year:
Other debtors
57,309
61,015
57,309
61,015
Total debtors
1,378,585
1,507,387
15,173,676
15,388,522
15
Creditors: amounts falling due within one year
Group
Company
2025
2024
2025
2024
£
£
£
£
Bank loans
112,500
112,500
112,500
112,500
Trade creditors
81,774
203,064
72,061
111,938
Amounts owed to group undertakings
325,553
325,553
338,753
338,753
Corporation tax payable
292,546
416,031
114,844
26,760
Other taxation and social security
125,427
87,423
104,975
66,942
Other creditors
231,059
183,291
214,172
176,460
Accruals and deferred income
483,464
778,157
195,974
199,122
1,652,323
2,106,019
1,153,279
1,032,475
16
Loans and overdrafts
Group
Company
2025
2024
2025
2024
£
£
£
£
Bank loans
3,800,000
3,140,625
3,800,000
3,140,625
Payable within one year
112,500
112,500
112,500
112,500
Payable after one year
3,687,500
3,028,125
3,687,500
3,028,125
The Offer Group Limited
Notes to the Financial Statements (Continued)
For the year ended 31 March 2025
16
Loans and overdrafts
(Continued)
Page 21

The bank loans are secured against a composite guarantee by and between The Offer Group Limited, Offer Real Limited and Offer Estates Holdings Limited. The guarantee from Offer Real Limited is supported by first priority legal charges over the properties owned by that company.

17
Creditors: amounts falling due after more than one year
Group
Company
2025
2024
2025
2024
£
£
£
£
Bank loans and overdrafts
3,687,500
3,028,125
3,687,500
3,028,125
18
Provisions for liabilities
Group
Company
2025
2024
2025
2024
Notes
£
£
£
£
Deferred tax liabilities
19
916,921
831,020
441,836
316,539
19
Deferred taxation

The following are the major deferred tax liabilities and assets recognised by the group and company, and movements thereon:

Liabilities
Liabilities
2025
2024
Group
£
£
Accelerated capital allowances
55,484
55,668
Revaluations
386,352
260,871
Realised on property transfer from group company
475,085
514,481
916,921
831,020
Liabilities
Liabilities
2025
2024
Company
£
£
Accelerated capital allowances
55,484
55,668
Revaluations
386,352
260,871
441,836
316,539
The Offer Group Limited
Notes to the Financial Statements (Continued)
For the year ended 31 March 2025
19
Deferred taxation
(Continued)
Page 22
Group
Company
2025
2025
Movements in the year:
£
£
Liability at 1 April 2024
831,020
316,539
Charge to profit or loss
85,901
125,297
Liability at 31 March 2025
916,921
441,836
20
Share capital
Group and company
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
13,710
13,710
13,710
13,710
The Offer Group Limited
Notes to the Financial Statements (Continued)
For the year ended 31 March 2025
Page 23
21
Operating lease commitments
Lessor

At the reporting end date the group had contracted with tenants for the following minimum lease payments:

Group
Company
2025
2024
2025
2024
£
£
£
£
Within one year
2,803,049
2,095,348
1,556,540
1,095,650
Between two and five years
6,731,118
6,089,258
3,177,982
3,238,138
In over five years
650,662
2,897,616
244,591
1,835,936
10,184,829
11,082,222
4,979,113
6,169,724
22
Related party transactions

An investment loss of £50,865 (2024: £86,736) was incurred on the split of profits and losses on properties jointly run with Lillyhall Properties Limited, a company in which T H M offer and L Offer are also directors.

Included within other debtors at year end is a loan of £947,868 (2024: £1,280,000) due from Lillyhall Properties Limited. The loan is repayable on demand. Interest of £68,653 (2024: £80,873) was charged during the year.

23
Controlling party

The company is wholly owned by Offer Estate Holdings Limited, a company incorporated in the United Kingdom and its registered address is 1 Panther Quay, Old Bridge Street, Hampton Wick, Kingston upon Thames, KT1 4BU. The accounts have been consolidated at The Offer Group Limited level as Offer Estate Holdings Limited is a holding company.

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