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REGISTERED NUMBER: 00256491 (England and Wales)

| T COUZENS & SONS LIMITED |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 MARCH 2025 |

| T COUZENS & SONS LIMITED (REGISTERED NUMBER: 00256491) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| T COUZENS & SONS LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

| DIRECTORS: | T E Couzens

| Mrs A Couzens

| SECRETARY: | MC Secretaries Limited

| REGISTERED OFFICE: | Station House

| North Street

| Havant

| Hampshire

| PO9 1QU

| REGISTERED NUMBER: | 00256491 (England and Wales)

| ACCOUNTANTS: | Morris Crocker

| Chartered Accountants

| Station House

| Havant

| Hampshire

| PO9 1QU

| SOLICITORS: | Burley & Geach

| 8 Swan Street

| Petersfield

| Hampshire

| GU32 3AE

| T COUZENS & SONS LIMITED (REGISTERED NUMBER: 00256491) |

BALANCE SHEET

31 MARCH 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 162,047 |  | 168,232 |  |

Investment property | 5 | 120,000 |  | 120,000 |  |

282,047 |  | 288,232 |  |

CURRENT ASSETS

Stocks | 2,640 |  | 2,990 |  |

Debtors | 6 | 1,428,902 |  | 1,498,733 |  |

Cash at bank | 318,281 |  | 280,076 |  |

1,749,823 |  | 1,781,799 |  |

CREDITORS

Amounts falling due within one year | 7 | 162,181 |  | 142,012 |  |

NET CURRENT ASSETS | 1,587,642 |  | 1,639,787 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,869,689 |  | 1,928,019 |  |

CAPITAL AND RESERVES

Called up share capital | 50,000 |  | 50,000 |  |

Revaluation reserve | 149,021 |  | 150,977 |  |

Retained earnings | 1,670,668 |  | 1,727,042 |  |

SHAREHOLDERS' FUNDS | 1,869,689 |  | 1,928,019 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 October 2025 and were signed on its behalf by:

T E Couzens - Director

| T COUZENS & SONS LIMITED (REGISTERED NUMBER: 00256491) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | STATUTORY INFORMATION

| T Couzens & Sons 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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

| Turnover

| Turnover represents the amount of invoiced sales of goods and work done, excluding value added tax, as adjusted for the value of work done but not billed at the balance sheet date and referred to in these accounts as recoverable on contracts.

| Tangible fixed assets

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

| Freehold property - 0.8% on cost

| Plant and machinery - 20% on cost

| Fixtures and fittings - 20% on cost

| Motor vehicles - 25% on cost

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| Stocks

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

| Financial instruments

| The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties and investments in non-puttable ordinary shares.

| Trade and other debtors

| Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment

| Cash and cash equivalents

| Cash and cash equivalents comprise cash at bank and on hand, deposits with banks and other short-term highly liquid investments and bank overdrafts. In the balance sheet, bank overdrafts are shown within borrowings or current liabilities.

| Trade and other creditors

| Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method

| Pension costs and other post-retirement benefits

| The company operates a pension scheme via the recognised trade body. Employer contributions payable to the company's pension scheme are charged to the profit and loss account in the period to which they relate.

| T COUZENS & SONS LIMITED (REGISTERED NUMBER: 00256491) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 10 (2024 - 10 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Freehold |  | Plant and |  | and |  | Motor |

| property |  | machinery |  | fittings |  | vehicles |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 April 2024 | 190,000 |  | 27,226 |  | 6,693 |  | 47,920 |  | 271,839 |  |

| Additions | - |  | - |  | 405 |  | - |  | 405 |  |

| Disposals | - |  | (369 | ) | - |  | - |  | (369 | ) |

| At 31 March 2025 | 190,000 |  | 26,857 |  | 7,098 |  | 47,920 |  | 271,875 |  |

| DEPRECIATION

| At 1 April 2024 | 27,360 |  | 27,226 |  | 5,789 |  | 43,232 |  | 103,607 |  |

| Charge for year | 1,520 |  | - |  | 382 |  | 4,688 |  | 6,590 |  |

| Eliminated on disposal | - |  | (369 | ) | - |  | - |  | (369 | ) |

| At 31 March 2025 | 28,880 |  | 26,857 |  | 6,171 |  | 47,920 |  | 109,828 |  |

| NET BOOK VALUE

| At 31 March 2025 | 161,120 |  | - |  | 927 |  | - |  | 162,047 |  |

| At 31 March 2024 | 162,640 |  | - |  | 904 |  | 4,688 |  | 168,232 |  |

| Freehold properties were valued by the directors as at 1 April 2008 and the revalued amount has been included in these financial statements. The historic cost of freehold properties as at 31 March 2025 is £4,180 (2024: £4,180).

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 April 2024

| and 31 March 2025 | 120,000 |  |

| NET BOOK VALUE

| At 31 March 2025 | 120,000 |  |

| At 31 March 2024 | 120,000 |  |

| Fair value at 31 March 2025 is represented by:

£ |

| Valuation in 2008 | 58,680 |  |

| Valuation in 2015 | 46,667 |  |

| Valuation in 2016 | 6,666 |  |

| Valuation in 2017 | 6,667 |  |

| Cost | 1,320 |  |

120,000 |  |

| T COUZENS & SONS LIMITED (REGISTERED NUMBER: 00256491) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

5. | INVESTMENT PROPERTY - continued

| If investment property had not been revalued it would have been included at the following historical cost:

2025 | 2024 |

£ | £ |

| Cost | 1,320 |  | 1,320 |  |

| Investment property was valued on an open market basis on 31 March 2025 by the directors .

6. | DEBTORS

2025 | 2024 |

£ | £ |

| Amounts falling due within one year:

| Trade debtors | 2,487 |  | 52,347 |  |

| Amounts recoverable on contracts | 11,643 |  | 34,139 |  |

| Other debtors | 81,439 |  | 78,914 |  |

95,569 |  | 165,400 |  |

| Amounts falling due after more than one year:

| Other debtors | 1,333,333 |  | 1,333,333 |  |

| Aggregate amounts | 1,428,902 |  | 1,498,733 |  |

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

2025 | 2024 |

£ | £ |

| Trade creditors | 36,494 |  | 37,705 |  |

| Taxation and social security | 21,609 |  | 19,726 |  |

| Other creditors | 104,078 |  | 84,581 |  |

162,181 |  | 142,012 |  |