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REGISTERED NUMBER: 00578514 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 JANUARY 2025 |

| FOR |

| WILLIAMS AND BROOKE LIMITED |

WILLIAMS AND BROOKE LIMITED (REGISTERED NUMBER: 00578514) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 5 |

| WILLIAMS AND BROOKE LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 JANUARY 2025

| DIRECTORS: | N R Evans

| N D Evans

| SECRETARY: | Dr S A Evans

| REGISTERED OFFICE: | 'Horizons'

| Rest Bay Close

| Porthcawl

| Mid.Glamorgan

| CF36 3UN

| REGISTERED NUMBER: | 00578514 (England and Wales)

| ACCOUNTANTS: | Hayvenhursts

| Fairway House

| Links Business Park

| St Mellons

| Cardiff

| CF3 0LT

| BANKERS: | HSBC

| Portland Street

| Swansea

| SA1 3DF

WILLIAMS AND BROOKE LIMITED (REGISTERED NUMBER: 00578514) |

BALANCE SHEET

31 JANUARY 2025

| 2025 | 2024 |

| Notes | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 21,206 |  | 21,418 |  |

Investments | 5 | 10,009 |  | 10,009 |  |

31,215 |  | 31,427 |  |

CURRENT ASSETS

Stocks | 6 | 1,232,505 |  | 1,234,505 |  |

Debtors | 7 | 220,835 |  | 219,458 |  |

Cash at bank | 36,585 |  | 24,137 |  |

1,489,925 |  | 1,478,100 |  |

CREDITORS

Amounts falling due within one year | 8 | 322,946 |  | 305,073 |  |

NET CURRENT ASSETS | 1,166,979 |  | 1,173,027 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,198,194 |  | 1,204,454 |  |

CREDITORS

Amounts falling due after more than one year | 9 | (704,008 | ) | (727,908 | ) |

PROVISIONS FOR LIABILITIES | (887 | ) | (887 | ) |

NET ASSETS | 493,299 |  | 475,659 |  |

WILLIAMS AND BROOKE LIMITED (REGISTERED NUMBER: 00578514) |

BALANCE SHEET - continued

31 JANUARY 2025

| 2025 | 2024 |

| Notes | £ | £ | £ |

CAPITAL AND RESERVES

Called up share capital | 3,000 |  | 3,000 |  |

Retained earnings | 490,299 |  | 472,659 |  |

SHAREHOLDERS' FUNDS | 493,299 |  | 475,659 |  |

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

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

WILLIAMS AND BROOKE LIMITED (REGISTERED NUMBER: 00578514) |

BALANCE SHEET - continued

31 JANUARY 2025

The financial statements were approved by the Board of Directors and authorised for issue on 15 October 2025 and were signed on its behalf by:

N R Evans - Director

WILLIAMS AND BROOKE LIMITED (REGISTERED NUMBER: 00578514) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

1. | STATUTORY INFORMATION

| Williams and Brooke 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.

| Turnover

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

| Tangible fixed assets

| Fixed assets are depreciated at the following rates to write off their cost to estimated residual values of each asset over its expected useful life as follows:

| Fixtures & fittings | -15% reducing balance basis |

| Motor vehicles | -25% reducing balance basis |

| Stocks and work in progress

| Stocks and work in progress of freehold and leasehold sites have been valued at the lower of cost and net realisable value by the directors, including legal and valuation fees.

| 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.

WILLIAMS AND BROOKE LIMITED (REGISTERED NUMBER: 00578514) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JANUARY 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| 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.

| Revaluation of properties

| Freehold property is carried at its open market value. A full valuation is to be undertaken every five years by a firm of independent valuers with an interim valuation in year three.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 3 (2024 - 3 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Short |  | and |

| leasehold |  | fittings |  | Totals

£ | £ | £ |

| COST

| At 1 February 2024

| and 31 January 2025 | 20,000 |  | 16,765 |  | 36,765 |  |

| DEPRECIATION

| At 1 February 2024 | - |  | 15,347 |  | 15,347 |  |

| Charge for year | - |  | 212 |  | 212 |  |

| At 31 January 2025 | - |  | 15,559 |  | 15,559 |  |

| NET BOOK VALUE

| At 31 January 2025 | 20,000 |  | 1,206 |  | 21,206 |  |

| At 31 January 2024 | 20,000 |  | 1,418 |  | 21,418 |  |

WILLIAMS AND BROOKE LIMITED (REGISTERED NUMBER: 00578514) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JANUARY 2025

5. | FIXED ASSET INVESTMENTS

| Other

| investments

£ |

| COST

| At 1 February 2024

| and 31 January 2025 | 10,009 |  |

| NET BOOK VALUE

| At 31 January 2025 | 10,009 |  |

| At 31 January 2024 | 10,009 |  |

6. | STOCKS

2025 | 2024 |

£ | £ |

| Stocks | 79,093 |  | 81,093 |  |

| Work-in-progress | 1,153,412 |  | 1,153,412 |  |

1,232,505 |  | 1,234,505 |  |

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

2025 | 2024 |

£ | £ |

| Due from related companies | 217,357 |  | 216,126 |  |

| Prepayments | 3,478 |  | 3,332 |  |

220,835 |  | 219,458 |  |

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

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 26,826 |  | 25,776 |  |

| Tax | 4,761 |  | 14,939 |  |

| Due to related companies | 50,264 |  | 50,652 |  |

| Directors' current accounts | 41,650 |  | 10,462 |  |

| Accruals and deferred income | 4,998 |  | 4,998 |  |

| Accrued expenses | 194,447 |  | 198,246 |  |

322,946 |  | 305,073 |  |

WILLIAMS AND BROOKE LIMITED (REGISTERED NUMBER: 00578514) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JANUARY 2025

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

2025 | 2024 |

£ | £ |

| Bank loans - 1-2 years | 27,744 |  | 25,404 |  |

| Bank loans - 2-5 years | 89,205 |  | 73,762 |  |

| Bank loans more 5 yr by instal | 587,059 |  | 628,742 |  |

704,008 |  | 727,908 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 587,059 |  | 628,742 |  |

10. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Bank loans | 730,834 |  | 753,684 |  |

| The bank loans and overdraft are secured by way of charges over the stock and work in progress of the company. All facilities are reviewed every 5 years.

11. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| As at 31 January 2025 the company owed the directors £41,650 (2024 - £10,462).

12. | RELATED PARTY DISCLOSURES

| Mr N R Evans is a director and shareholder of Tiffany Properties Limited, NRE Project Management Tenby Limited and NRE 55 (Tenby) Limited.

| As at 31 January 2025 the company owed £50,264 to Tiffany Properties Limited, (2024 - £50,652).

| R & S Project Management Porthcawl Limited and R & S Project Management Tenby Limited are connected to Williams & Brooke Limited as Mr N.R. Evans and Mr N.D. Evans are directors in both companies. As at 31 January 2025 Williams & Brooke Limited was owed £4,246 (2024 - £3,858) from R & S Project Management Tenby Limited and £86,464 (2024 - £86,076) from R & S Project Management Porthcawl Limited.

| Williams & Brooke Limited is owed £125,063 (2024 - £124,996) from NRE 55 (Tenby) Limited and is owed £1,584 (2024 - £1,196) from NRE Project Management Tenby Limited.

WILLIAMS AND BROOKE LIMITED (REGISTERED NUMBER: 00578514) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JANUARY 2025

13. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party is Mr N R Evans. He owns just over 50% of the issued share capital of the company.