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REGISTERED NUMBER: 06237482 (England and Wales)

| Ward Plane Limited |

| Unaudited Financial Statements |

| for the Year Ended 31 May 2025 |

| Ward Plane Limited (Registered number: 06237482) |

Contents of the Financial Statements

for the year ended 31 May 2025

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 4 |

| Ward Plane Limited |

Company Information

for the year ended 31 May 2025

| DIRECTORS: | M W Ward

| P R Ward

| REGISTERED OFFICE: | Commondale Way

| Commondale Way Euroway Industrial Estate

| Bradford

| West Yorkshire

| BD4 6SF

| REGISTERED NUMBER: | 06237482 (England and Wales)

| ACCOUNTANTS: | Simon Hart FCCA

| Hart Wright Accounting

| Chartered Certified Accountants

| 24 Hall Drive

| Sutton In Craven

| North Yorkshire

| BD20 7NH

| Ward Plane Limited (Registered number: 06237482) |

Statement of Financial Position

31 May 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 7,010,459 |  | 6,673,367 |  |

CURRENT ASSETS

Debtors | 5 | 592,464 |  | 471,781 |  |

Cash at bank | 511,049 |  | 101 |  |

1,103,513 |  | 471,882 |  |

CREDITORS

Amounts falling due within one year | 6 | (1,288,202 | ) | (572,771 | ) |

NET CURRENT LIABILITIES | (184,689 | ) | (100,889 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 6,825,770 |  | 6,572,478 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (3,184,110 | ) | (3,408,247 | ) |

NET ASSETS | 3,641,660 |  | 3,164,231 |  |

CAPITAL AND RESERVES

Called up share capital | 1,000 |  | 1,000 |  |

Retained earnings | 3,640,660 |  | 3,163,231 |  |

SHAREHOLDERS' FUNDS | 3,641,660 |  | 3,164,231 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

| Ward Plane Limited (Registered number: 06237482) |

Statement of Financial Position - continued

31 May 2025

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 16 September 2025 and were signed on its behalf by:

P R Ward - Director

| Ward Plane Limited (Registered number: 06237482) |

Notes to the Financial Statements

for the year ended 31 May 2025

1. | STATUTORY INFORMATION

| Ward Plane 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.

| 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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| Turnover

| Turnover represents net invoiced sales of services provided, excluding value added tax.

| Tangible fixed assets

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

| Plant and machinery etc | - | at varying rates on cost

| 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 statement of financial position date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

| Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire obligation is treated in the balance sheet as a liability. The interest element of rental obligations ia charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.

| 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.

| Ward Plane Limited (Registered number: 06237482) |

Notes to the Financial Statements - continued

for the year ended 31 May 2025

2. | ACCOUNTING POLICIES - continued

| Government grant

| Grants from the government are recognised as a receivable at their fair value when there is a reasonable assurance that the grant will be received and the company will comply with all the attached conditions.

| Government grants receivable are recognised as income over the periods necessary to match them with the related costs which they are intended to compensate, on a systematic basis.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was NIL (2024 - 23 ).

4. | TANGIBLE FIXED ASSETS

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST

| At 1 June 2024 | 3,155,000 |  | 5,431,008 |  | 8,586,008 |  |

| Additions | - |  | 1,190,670 |  | 1,190,670 |  |

| Disposals | - |  | (443,361 | ) | (443,361 | ) |

| At 31 May 2025 | 3,155,000 |  | 6,178,317 |  | 9,333,317 |  |

| DEPRECIATION

| At 1 June 2024 | - |  | 1,912,641 |  | 1,912,641 |  |

| Charge for year | - |  | 684,270 |  | 684,270 |  |

| Eliminated on disposal | - |  | (274,053 | ) | (274,053 | ) |

| At 31 May 2025 | - |  | 2,322,858 |  | 2,322,858 |  |

| NET BOOK VALUE

| At 31 May 2025 | 3,155,000 |  | 3,855,459 |  | 7,010,459 |  |

| At 31 May 2024 | 3,155,000 |  | 3,518,367 |  | 6,673,367 |  |

| Included in fixed assets are capitalised finance leases with a net book value of £3,460,146 (Prior year £3,221,907).

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

2025 | 2024 |

£ | £ |

| Trade debtors | 498,848 |  | 433,807 |  |

| Other debtors | 93,616 |  | 37,974 |  |

592,464 |  | 471,781 |  |

| Ward Plane Limited (Registered number: 06237482) |

Notes to the Financial Statements - continued

for the year ended 31 May 2025

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

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | - |  | 118,819 |  |

| Hire purchase contracts and finance leases | 828,482 |  | 605,141 |  |

| Trade creditors | 216,253 |  | 118,931 |  |

| Taxation and social security | 240,980 |  | (272,606 | ) |

| Other creditors | 2,487 |  | 2,486 |  |

1,288,202 |  | 572,771 |  |

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

2025 | 2024 |

£ | £ |

| Bank loans | 1,766,634 |  | 1,793,759 |  |

| Hire purchase contracts and finance leases | 1,417,476 |  | 1,614,488 |  |

3,184,110 |  | 3,408,247 |  |

8. | CONTINGENT LIABILITIES

| LLoyds TSB Bank Finance Limited holds a fixed and floating charge over all current and future assets of the company dated 11th April 2016.

| HSBC Bank holds a fixed charge on the freehold property known as Unit 1A Commondale Way, Euroway Trading Estate, Bradford, West Yorkshire dated 26th February 2024