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REGISTERED NUMBER: 10600718 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

STORM VENTILATION SUPPLIES LTD

STORM VENTILATION SUPPLIES LTD (REGISTERED NUMBER: 10600718) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| STORM VENTILATION SUPPLIES LTD |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

| DIRECTORS: | Mr B T Raven

| Mr R J Murphy

| Mr J L Kemp

| REGISTERED OFFICE: | White House Farm

| Workhouse Lane

| Burbage

| Leicestershire

| LE10 3AS

| REGISTERED NUMBER: | 10600718 (England and Wales)

| SENIOR STATUTORY AUDITOR: | Philip Ward

| AUDITORS: | Lowson Ward Limited

| 292 Wake Green Road

| Birmingham

| B13 9QP

STORM VENTILATION SUPPLIES LTD (REGISTERED NUMBER: 10600718) |

BALANCE SHEET

31 MARCH 2025

| 31/3/25 |  | 31/3/24

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 3 | 478,423 |  | 761,705 |  |

CURRENT ASSETS

Stocks | 699,687 |  | 731,295 |  |

Debtors | 4 | 4,071,437 |  | 4,034,799 |  |

Cash at bank | 1,295,943 |  | 480,515 |  |

6,067,067 |  | 5,246,609 |  |

CREDITORS

Amounts falling due within one year | 5 | (4,411,256 | ) | (4,169,182 | ) |

NET CURRENT ASSETS | 1,655,811 |  | 1,077,427 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,134,234 |  | 1,839,132 |  |

CREDITORS

Amounts falling due after more than one year | 6 | - |  | (9,884 | ) |

PROVISIONS FOR LIABILITIES | 9 | (117,700 | ) | (126,120 | ) |

NET ASSETS | 2,016,534 |  | 1,703,128 |  |

CAPITAL AND RESERVES

Called up share capital | 6 |  | 6 |  |

Retained earnings | 2,016,528 |  | 1,703,122 |  |

SHAREHOLDERS' FUNDS | 2,016,534 |  | 1,703,128 |  |

STORM VENTILATION SUPPLIES LTD (REGISTERED NUMBER: 10600718) |

BALANCE SHEET - continued

31 MARCH 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 2 October 2025 and were signed on its behalf by:

Mr B T Raven - Director

STORM VENTILATION SUPPLIES LTD (REGISTERED NUMBER: 10600718) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | 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

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

| Freehold property | - | at variable rates on reducing balance

| Plant and machinery | - | 20% p.a. reducing balance

| Motor vehicles | - | 25% p.a. reducing balance

| Equipment | - | 40% p.a. reducing balance

| All fixed assets are initially recorded at cost.

| 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 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.

| 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.

STORM VENTILATION SUPPLIES LTD (REGISTERED NUMBER: 10600718) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

1. | ACCOUNTING POLICIES - continued

| 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.

| 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.

| Financial instruments

| Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

| Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

| Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

2. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 94 (2024 - 86 ) .

STORM VENTILATION SUPPLIES LTD (REGISTERED NUMBER: 10600718) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

3. | TANGIBLE FIXED ASSETS

| Freehold |  | Plant and |  | Motor |

| property |  | machinery |  | vehicles |  | Equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 April 2024 | 249,265 |  | 511,404 |  | 461,214 |  | 54,128 |  | 1,276,011 |  |

| Additions | 6,950 |  | 61,247 |  | 68,705 |  | - |  | 136,902 |  |

| Disposals | (256,215 | ) | - |  | (31,471 | ) | - |  | (287,686 | ) |

| At 31 March 2025 | - |  | 572,651 |  | 498,448 |  | 54,128 |  | 1,125,227 |  |

| DEPRECIATION

| At 1 April 2024 | - |  | 241,019 |  | 234,124 |  | 39,163 |  | 514,306 |  |

| Charge for year | - |  | 66,326 |  | 68,053 |  | 5,987 |  | 140,366 |  |

| Eliminated on disposal | - |  | - |  | (7,868 | ) | - |  | (7,868 | ) |

| At 31 March 2025 | - |  | 307,345 |  | 294,309 |  | 45,150 |  | 646,804 |  |

| NET BOOK VALUE

| At 31 March 2025 | - |  | 265,306 |  | 204,139 |  | 8,978 |  | 478,423 |  |

| At 31 March 2024 | 249,265 |  | 270,385 |  | 227,090 |  | 14,965 |  | 761,705 |  |

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

| 31/3/25 |  | 31/3/24

£ | £ |

| Trade debtors | 3,819,944 |  | 3,797,314 |  |

| Other debtors | 4,000 |  | 2,380 |  |

| Prepayments | 247,493 |  | 235,105 |  |

4,071,437 |  | 4,034,799 |  |

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

| 31/3/25 |  | 31/3/24

£ | £ |

| Hire purchase contracts (see note 7) | 9,884 |  | 33,350 |  |

| Trade creditors | 3,474,132 |  | 3,377,823 |  |

| Corporation tax | 253,844 |  | 180,544 |  |

| PAYE and NIC | 54,415 |  | 53,830 |  |

| VAT | 264,375 |  | 251,893 |  |

| Other creditors | 10,779 |  | 8,855 |  |

| Directors' current accounts | 144,318 |  | 225,000 |  |

| Accrued expenses | 199,509 |  | 37,887 |  |

4,411,256 |  | 4,169,182 |  |

STORM VENTILATION SUPPLIES LTD (REGISTERED NUMBER: 10600718) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

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

| 31/3/25 |  | 31/3/24

£ | £ |

| Hire purchase contracts (see note 7) | - |  | 9,884 |  |

7. | LEASING AGREEMENTS

| Minimum lease payments fall due as follows:

| Hire purchase |

| contracts |

| 31/3/25 |  | 31/3/24 |

£ | £ |

| Net obligations repayable:

| Within one year | 9,884 |  | 33,350 |  |

| Between one and five years | - |  | 9,884 |  |

9,884 |  | 43,234 |  |

| Non-cancellable |

| operating leases |

| 31/3/25 |  | 31/3/24

£ | £ |

| Within one year | 427,619 |  | 444,878 |  |

| Between one and five years | 718,349 |  | 869,506 |  |

| In more than five years | 16,359 |  | 49,077 |  |

1,162,327 |  | 1,363,461 |  |

8. | SECURED DEBTS

| The following secured debts are included within creditors:

| 31/3/25 |  | 31/3/24

£ | £ |

| Hire purchase contracts | 9,884 |  | 43,234 |  |

9. | PROVISIONS FOR LIABILITIES

| 31/3/25 |  | 31/3/24

£ | £ |

| Deferred tax

| Accelerated capital allowances | 117,700 |  | 126,120 |  |

STORM VENTILATION SUPPLIES LTD (REGISTERED NUMBER: 10600718) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

9. | PROVISIONS FOR LIABILITIES - continued

| Deferred |

| tax |

£ |

| Balance at 1 April 2024 | 126,120 |  |

| Provided during year | (8,420 | ) |

| Balance at 31 March 2025 | 117,700 |  |

10. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

| The Report of the Auditors was unqualified.

| Philip Ward (Senior Statutory Auditor)

| for and on behalf of Lowson Ward Limited

11. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

| 31/3/25 |  | 31/3/24

£ | £ |

| Mr J L Kemp

| Balance outstanding at start of year | - |  | - |  |

| Amounts advanced | 100,000 |  | - |  |

| Amounts repaid | (100,000 | ) | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | - |  | - |  |

| Mr R J Murphy

| Balance outstanding at start of year | - |  | - |  |

| Amounts advanced | 100,000 |  | - |  |

| Amounts repaid | (100,000 | ) | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | - |  | - |  |

STORM VENTILATION SUPPLIES LTD (REGISTERED NUMBER: 10600718) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

11. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

| Mr B T Raven

| Balance outstanding at start of year | - |  | - |  |

| Amounts advanced | 95,000 |  | - |  |

| Amounts repaid | (95,000 | ) | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | - |  | - |  |