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REGISTERED NUMBER: 07062928 (England and Wales)

| FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 OCTOBER 2024 |

| FOR |

| CHASER TECHNICAL SERVICES LIMITED |

CHASER TECHNICAL SERVICES LIMITED (REGISTERED NUMBER: 07062928)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

CHASER TECHNICAL SERVICES LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 OCTOBER 2024

| DIRECTORS: | N R Thompson

| E Thompson

| REGISTERED OFFICE: | c/o Philip Barnes & Co

| The Old Council Chambers

| Halford Street

| Tamworth

| Staffordshire

| B79 7RB

| REGISTERED NUMBER: | 07062928 (England and Wales)

| ACCOUNTANTS: | Philip Barnes & Co Limited

| Chartered Accountants

| The Old Council Chambers

| Halford Street

| Tamworth

| Staffordshire

| B79 7RB

CHASER TECHNICAL SERVICES LIMITED (REGISTERED NUMBER: 07062928)

BALANCE SHEET

31 OCTOBER 2024

| 2024 | 2023 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 231,012 |  | 210,776 |  |

CURRENT ASSETS

Stocks | 43,000 |  | 45,301 |  |

Debtors | 5 | 1,047,519 |  | 756,039 |  |

Cash at bank | 25,302 |  | 92,617 |  |

1,115,821 |  | 893,957 |  |

CREDITORS

Amounts falling due within one year | 6 | 834,933 |  | 521,723 |  |

NET CURRENT ASSETS | 280,888 |  | 372,234 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 511,900 |  | 583,010 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (97,364 | ) | (86,762 | ) |

PROVISIONS FOR LIABILITIES | (47,629 | ) | (52,645 | ) |

NET ASSETS | 366,907 |  | 443,603 |  |

CAPITAL AND RESERVES

Called up share capital | 8 | 100 |  | 100 |  |

Retained earnings | 366,807 |  | 443,503 |  |

SHAREHOLDERS' FUNDS | 366,907 |  | 443,603 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 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.

CHASER TECHNICAL SERVICES LIMITED (REGISTERED NUMBER: 07062928)

BALANCE SHEET - continued

31 OCTOBER 2024

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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 October 2025 and were signed on its behalf by:

N R Thompson - Director

CHASER TECHNICAL SERVICES LIMITED (REGISTERED NUMBER: 07062928)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

1. | STATUTORY INFORMATION

| Chaser Technical Services 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.

| The significant accounting policies applied in the preparation of the financial statements are set out below. These policies have been consistently applied to all periods presented unless otherwise stated.

| Turnover

| Turnover represents net invoiced sale of goods & services, 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

| Plant and machinery | - | 20% reducing balance

| Fixtures and fittings | - | 15% reducing balance

| Motor vehicles | - | 25% reducing balance

| Computer equipment | - | 33% reducing balance

| Stocks

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

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

CHASER TECHNICAL SERVICES LIMITED (REGISTERED NUMBER: 07062928)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2024

2. | ACCOUNTING POLICIES - continued

| 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. | EMPLOYEES

| The average number of employees during the year was 14 (2023 - 16 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Plant and |  | and |  | Motor |  | Computer |

| machinery |  | fittings |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 November 2023 | 55,277 |  | 33,694 |  | 309,460 |  | 40,945 |  | 439,376 |  |

| Additions | - |  | 1,080 |  | 89,667 |  | 138 |  | 90,885 |  |

| Disposals | - |  | - |  | (35,920 | ) | - |  | (35,920 | ) |

| Transfer to ownership | - |  | - |  | (1 | ) | - |  | (1 | ) |

| At 31 October 2024 | 55,277 |  | 34,774 |  | 363,206 |  | 41,083 |  | 494,340 |  |

| DEPRECIATION

| At 1 November 2023 | 29,756 |  | 8,325 |  | 157,119 |  | 33,400 |  | 228,600 |  |

| Charge for year | 5,104 |  | 3,918 |  | 42,759 |  | 2,495 |  | 54,276 |  |

| Eliminated on disposal | - |  | - |  | (19,548 | ) | - |  | (19,548 | ) |

| At 31 October 2024 | 34,860 |  | 12,243 |  | 180,330 |  | 35,895 |  | 263,328 |  |

| NET BOOK VALUE

| At 31 October 2024 | 20,417 |  | 22,531 |  | 182,876 |  | 5,188 |  | 231,012 |  |

| At 31 October 2023 | 25,521 |  | 25,369 |  | 152,341 |  | 7,545 |  | 210,776 |  |

CHASER TECHNICAL SERVICES LIMITED (REGISTERED NUMBER: 07062928)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2024

4. | TANGIBLE FIXED ASSETS - continued

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Fixtures |

| Plant and |  | and |  | Motor |

| machinery |  | fittings |  | vehicles |  | Totals

£ | £ | £ | £ |

| COST

| At 1 November 2023 | 27,474 |  | 23,891 |  | 252,592 |  | 303,957 |  |

| Additions | - |  | - |  | 89,667 |  | 89,667 |  |

| Disposals | - |  | - |  | (35,920 | ) | (35,920 | ) |

| Transfer to ownership | (4,474 | ) | - |  | (18,093 | ) | (22,567 | ) |

| At 31 October 2024 | 23,000 |  | 23,891 |  | 288,246 |  | 335,137 |  |

| DEPRECIATION

| At 1 November 2023 | 7,804 |  | 3,842 |  | 111,897 |  | 123,543 |  |

| Charge for year | 3,494 |  | 3,008 |  | 37,999 |  | 44,501 |  |

| Eliminated on disposal | - |  | - |  | (19,548 | ) | (19,548 | ) |

| Transfer to ownership | (2,276 | ) | - |  | (10,700 | ) | (12,976 | ) |

| At 31 October 2024 | 9,022 |  | 6,850 |  | 119,648 |  | 135,520 |  |

| NET BOOK VALUE

| At 31 October 2024 | 13,978 |  | 17,041 |  | 168,598 |  | 199,617 |  |

| At 31 October 2023 | 19,670 |  | 20,049 |  | 140,695 |  | 180,414 |  |

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

2024 | 2023 |

£ | £ |

| Trade debtors | 637,783 |  | 387,458 |  |

| Amounts owed by group undertakings | 330,177 |  | 327,489 |  |

| Other debtors | 79,559 |  | 41,092 |  |

1,047,519 |  | 756,039 |  |

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

2024 | 2023 |

£ | £ |

| Hire purchase contracts | 56,191 |  | 52,972 |  |

| Trade creditors | 206,858 |  | 132,854 |  |

| Taxation and social security | 286,881 |  | 147,295 |  |

| Other creditors | 285,003 |  | 188,602 |  |

834,933 |  | 521,723 |  |

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

2024 | 2023 |

£ | £ |

| Hire purchase contracts | 91,536 |  | 70,932 |  |

| Other creditors | 5,828 |  | 15,830 |  |

97,364 |  | 86,762 |  |

CHASER TECHNICAL SERVICES LIMITED (REGISTERED NUMBER: 07062928)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2024

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2024 | 2023 |

| value: | £ | £ |

| 100 | Ordinary | £1.00 | 100 |  | 100 |  |

9. | RELATED PARTY DISCLOSURES

| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

| Transactions with entities in which the directors have control, joint control or significant influence :

|  | 2024 |  | 2023 |  |

|  | £ |  | £ |  |

| Sponsorship |  | 25,000 |  | 25,000 |  |

| Amount due from related party |  | 19,400 |  | 5,195 |  |