Ideal Commercials Limited

	Page
Strategic Report	1
Director's Report	2
Independent Auditor's Report	3—4
Profit and Loss Account	5
Balance Sheet	6
Statement of Changes in Equity	7
Notes to the Financial Statements	8—14

The director presents his strategic report for the year ended 31 March 2025.

Principal Activity

The company's principal activity continues to be that of the sales of commercial vehicles.

The company is a private company limited by shares, incorporated in the United Kingdom. It is a subsidiary of Ideal Commercial Group Limited.

Review of the Business

In the year to 31 March 2025, the business achieved a profit before tax from continuing operations of £4,423 (2024 - £3,733). A the year end the company reported net assets of £2,863,685 a slight increase on the prior year (2024 - £2,858,317).

During the year the company has seen a continued reduction in sales, returning to a more normal level, after increased demand in the prior couple of years. Whilst turnover has decreased the company has seen an increase in gross profit as result of improved gross profit margin of 12% (2024 - 10%). Overhead costs have increased in the year mainly as a result of increased finance charges as well as increased repairs and maintenance as a result of the company making improvements at it's trading premises.

Given the nature of the business, the company's director is of the opinion that further analysis of performance using KPI's is not necessary for an improves understanding of the financial statements. The director is however satisfied with the trading in the year.

Principal Risks and Uncertainties

The director take overall responsibility for risk management with a particular focus on determining the nature and extent of significant risks it is willing to take in achieving it's strategic objectives.

The principal risks of the company are generally outside the direct control of the company and include the economy, changing consumer behaviours, demand and availability of new and used commercial vehicles and regulatory changes in response to climate change. The company manages these risks by monitoring market conditions and adjusting sales prices where necessary to remain competitive.

Future Developments

There are no plans that will significantly change the activities and risks of the company. Despite wider ecomomic uncertainty the director remains confident in the company's long term prospects.

On behalf of the board

Mr Andrew Lane

Director

20 November 2025

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Ideal Commercials Limited

Company No. 05770051

Director's Report For The Year Ended 31 March 2025

Director's Report

The director presents his report and the financial statements for the year ended 31 March 2025.

Directors

The director who held office during the year were as follows:

Mr Andrew Lane

Matters covered in the Strategic Report

Disclosures required under s416(4) of the Companies Act 2006 are commented upon in the Strategic Report as the director consider them to be of strategic importance to the business.

Statement of Director's Responsibilities

The director is responsible for preparing the Strategic Report, the Director's Report and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards, comprising FRS102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the director is required to:

select suitable accounting policies and then apply them consistently;
make judgments and accounting estimates that are reasonable and prudent;
state whether applicable United Kingdom Accounting Standards, comprising FRS102, have been followed subject to any material departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Statement of Disclosure of Information to Auditors

In the case of each director in office at the date the Director's Report is approved:

so far as the director is aware, there is no relevant audit information of which the company's auditors are unaware; and
they have taken all the steps that they ought to have taken as directors in order to make themselves aware of any relevant audit information and to establish that the company's auditors are aware of that information.

Independent Auditors

The auditors, for and on behalf of JWR Audit Limited, have indicated their willingness to continue in office and a resolution concerning their re-appointment will be proposed at the Annual General Meeting.

On behalf of the board

Mr Andrew Lane

Director

20 November 2025

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Independent Auditor's Report

to the Members of

Ideal Commercials Limited

Independent Auditor's Report

Opinion

We have audited the financial statements of Ideal Commercials Limited for the year ended 31 March 2025 which comprise the Profit and Loss Account, Balance Sheet, Statement of Changes of Equity and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

In our opinion the financial statements:

give a true and fair view of the state of the company's affairs as at 31 March 2025 and of its profit/(loss) for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for Opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions Relating to Going Concern

In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other Information

The other information comprises the information included in the annual report, other than the financial statements and our auditor's report thereon. The director is responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on Other Matters Prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

the information given in the Strategic Report and Director's Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
the Strategic Report and Director's Report have been prepared in accordance with applicable legal requirements.

Matters on Which We Are Required to Report by Exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Director's Report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
the financial statements are not in agreement with the accounting records or returns; or
certain disclosures of director's remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit.

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Independent Auditor's Report (continued)

to the Members of

Ideal Commercials Limited

Responsibilities of Directors

As explained more fully in the Director's Responsibilities Statement set out on page 2, the director is responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the director determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the director is responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditor's Responsibilities for the Audit of the Financial Statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Irregularities, including fraud, are instances of non-compliance with laws and regulations.

We designed audit procedures to respond to the risk, recognising that the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery, misrepresentations or through collusion.

Procedures performed by the audit team included:

- Discussions with management regarding known or suspected instances of non-compliance with laws and regulations;
- Evaluation of controls designed to prevent and detect irregularities; and
- Assessing journals entries as part of our planned audit approach.

There are inherent limitations in the audit procedures described above and the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it.

As in all of our audits we also addressed the risk of management override of internal controls, including testing journals and evaluating whether there was evidence of bias by the directors that represented a risk of material misstatement due to fraud.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use Of Our Report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters that we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Katie Wood FCA FCCA (Senior Statutory Auditor)

for and on behalf of for and on behalf of JWR Audit Limited , Statutory Auditor

20 November 2025

for and on behalf of JWR Audit Limited

24 Picton House

Hussar Court

Waterlooville

Hampshire

PO7 7SQ

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Ideal Commercials Limited

Profit and Loss Account

For The Year Ended 31 March 2025

Profit and Loss Account

		2025	2024
	Notes	£	£
TURNOVER		11,094,049	12,081,617
Cost of sales		(9,766,017 )	(10,918,546 )

GROSS PROFIT		1,328,032	1,163,071

Administrative expenses		(1,416,447 )	(1,233,904 )
Other operating income		88,190	73,021

OPERATING (LOSS)/PROFIT	4	(225 )	2,188
Other interest receivable and similar income	9	7,311	7,335
Interest payable and similar charges	10	(2,663 )	(5,790 )

PROFIT BEFORE TAXATION		4,423	3,733
Tax on Profit	11	945	2,176

PROFIT AFTER TAXATION BEING PROFIT FOR THE FINANCIAL YEAR		5,368	5,909

The notes on pages 8 to 14 form part of these financial statements.

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Ideal Commercials Limited

Balance Sheet

As At 31 March 2025

Balance Sheet

Registered number: 05770051

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	12		249,473		54,097

			249,473		54,097
CURRENT ASSETS
Stocks	13	4,380,913		5,013,681
Debtors	14	1,020,874		805,253
Cash at bank and in hand		674,188		555,148

		6,075,975		6,374,082
Creditors: Amounts Falling Due Within One Year	15	(3,399,915 )		(3,538,004 )

NET CURRENT ASSETS (LIABILITIES)			2,676,060		2,836,078

TOTAL ASSETS LESS CURRENT LIABILITIES			2,925,533		2,890,175

Creditors: Amounts Falling Due After More Than One Year	16		(52,819 )		(21,884 )

PROVISIONS FOR LIABILITIES
Deferred Taxation	18		(8,929 )		(9,874 )

NET ASSETS			2,863,785		2,858,417

CAPITAL AND RESERVES
Called up share capital	20		100		100
Profit and Loss Account			2,863,685		2,858,317

SHAREHOLDERS' FUNDS			2,863,785		2,858,417

On behalf of the board

Mr Andrew Lane

Director

20 November 2025

The notes on pages 8 to 14 form part of these financial statements.

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Ideal Commercials Limited

Statement of Changes in Equity

For The Year Ended 31 March 2025

Statement of Changes in Equity

	Share Capital	Profit and Loss Account	Total
	£	£	£
As at 1 April 2023	100	3,136,408	3,136,508
Profit for the year and total comprehensive income	-	5,909	5,909

Dividends paid	-	(284,000)	(284,000)

As at 31 March 2024 and 1 April 2024	100	2,858,317	2,858,417


Profit for the year and total comprehensive income	-	5,368	5,368

Dividends paid	-	-	-

As at 31 March 2025	100	2,863,685	2,863,785

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Ideal Commercials Limited

Notes to the Financial Statements

For The Year Ended 31 March 2025

Notes to the Financial Statements

1. General Information

Ideal Commercials Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05770051 . The registered office is Warnford Road, West Meon, Petersfield, Hampshire, GU32 1JN.

The presentation currency of the financial statements is the Pound Sterling (£).

Accounts are rounded to the nearest pound.

The accounts represent the company as an individual entity.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006.

2.2. Financial Reporting Standard 102 - Reduced Disclosure Exemptions

The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":

the requirements of Section 7 Statement of Cash Flows and Section 3 Financial Statement Presentation paragraph 3.17 (d);
the requirements of Section 33 Related Party Disclosures paragraph 33.7.

2.3. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.4. Significant judgements and estimations

The preparation of financial statements requires the use of estimates and assumptions that affect reported amounts of assets and liabilities at the date of the financial statements, and revenues and expenses during the reporting period. These estimates and assumptions are based on management's best knowledge of the amount, events or actions. Actual results may differ from those amounts.

Management do not consider there to be any significant judgements or estimates used in the preparation of these financial statements.

2.5. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

2.6. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	not depreciated
Improvements to Property	25% on reducing balance
Plant & Machinery	25% on reducing balance
Motor Vehicles	25% on reducing balance
Fixtures & Fittings	25% on reducing balance
Computer Equipment	10% on reducing balance

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Ideal Commercials Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.7. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.8. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.

Cost is determined using the first-in, first-out method. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Work in progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

At the end of each reporting period stocks are assessed for impairment. If an item of stock is impaired, the identified stock is reduced to its selling price less costs to complete and sell and an impairment charge is recognised in the profit and loss account. Where a reversal of the impairment is required the impairment charge is reversed, up to the original impairment loss, and is recognised as a credit in the profit and loss account.

2.9. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.

2.10. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

3. Other Operating Income

	2025	2024
	£	£
Commission income	88,190	73,021

	88,190	73,021

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Ideal Commercials Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Operating (Loss)/profit

The operating (loss)/profit is stated after charging:

	2025	2024
	£	£
Depreciation of tangible fixed assets	20,164	12,436

5. Auditor's Remuneration

Remuneration received by the company's auditors and their associates during the year was as follows:

	2025	2024
	£	£
Audit Services
Audit of the company's financial statements	7,600	7,600

6. Staff Costs

Staff costs, including directors' remuneration, were as follows:

	2025	2024
	£	£
Wages and salaries	451,875	413,123
Social security costs	43,963	38,408
Other pension costs	8,031	7,914

	503,869	459,445

7. Average Number of Employees

Average number of employees, including directors, during the year was as follows:

	2025	2024
Office and administration	5	5
Sales, marketing and distribution	1	1
Valet and Servicing	3	4

	9	10

8. Director's remuneration

	2025	2024
	£	£
Emoluments	9,096	9,096

9. Interest Receivable and Similar Income

	2025	2024
	£	£
Bank interest receivable	7,311	7,239
HMRC Interest	-	96

	7,311	7,335

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Ideal Commercials Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

10. Interest Payable and Similar Charges

	2025	2024
	£	£
Bank loans and overdrafts	1,575	5,790
Finance charges payable under finance leases and hire purchase contracts	1,088	-

	2,663	5,790

11. Tax on Profit

	Tax Rate		2025	2024
The tax credit on the profit for the year was as follows:
	2025	2024	£	£
Current tax
UK Corporation Tax	25.0%	19.0%	-	-
Deferred Tax
Deferred taxation			(945 )	(2,176 )


Total tax charge for the period			(945 )	(2,176 )


The actual credit for the year can be reconciled to the expected charge for the year based on the profit and the standard rate of corporation tax as follows:
			2025	2024
			£	£
Profit before tax			4,423	3,733

Tax on profit at 25% (UK standard rate)			1,105	933
Goodwill/depreciation not allowed for tax			5,041	3,109
Expenses not deductible for tax purposes			961	61
Capital allowances			(20,959 )	(937 )
Short term timing differences			12,907	(2,176 )
Group relief			-	(3,166 )

Total tax charge for the period			(945)	(2,176)

12. Tangible Assets

	Land & Property
	Freehold	Improvements to Property	Plant & Machinery	Motor Vehicles
	£	£	£	£
Cost
As at 1 April 2024	14,587	-	160,280	9,844
Additions	-	143,045	13,221	37,300

As at 31 March 2025	14,587	143,045	173,501	47,144

...CONTINUED

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Ideal Commercials Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Depreciation
As at 1 April 2024	-	-	129,296	9,789
Provided during the period	-	2,840	8,864	2,345

As at 31 March 2025	-	2,840	138,160	12,134

Net Book Value
As at 31 March 2025	14,587	140,205	35,341	35,010

As at 1 April 2024	14,587	-	30,984	55


	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2024	154	39,563	224,428
Additions	16,852	5,122	215,540

As at 31 March 2025	17,006	44,685	439,968

Depreciation
As at 1 April 2024	39	31,207	170,331
Provided during the period	3,338	2,777	20,164

As at 31 March 2025	3,377	33,984	190,495

Net Book Value
As at 31 March 2025	13,629	10,701	249,473

As at 1 April 2024	115	8,356	54,097

13. Stocks

	2025	2024
	£	£
Stock	4,380,913	5,013,681

14. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	383,361	436,707
Amounts owed by group undertakings	609,087	343,911
Other debtors	28,426	24,635

	1,020,874	805,253

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Ideal Commercials Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

15. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	2,660	-
Trade creditors	3,289,878	3,284,633
Bank loans and overdrafts	-	26,925
Other creditors	3,436	107,684
Taxation and social security	64,651	83,790
Accruals and deferred income	39,290	34,972

	3,399,915	3,538,004

16. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	52,819	-
Bank loans	-	21,884

	52,819	21,884

17. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	8,088	-
Later than one year and not later than five years	58,728	-

	66,816	-
Less: Finance charges allocated to future periods	11,337	-

	55,479	-

18. Deferred Taxation

The provision for deferred tax is made up as follows:

	2025	2024
	£	£
Accelerated capital allowances	22,780	9,874
Tax losses carried forward	(13,851 )	-

	8,929	9,874

19. Provisions for Liabilities


	Deferred Tax	Total
	£	£
As at 1 April 2024	9,874	9,874
Deferred taxation	(945 )	(945 )

Balance at 31 March 2025	8,929	8,929

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Ideal Commercials Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

20. Share Capital

	2025	2024
Allotted, called up but not fully paid	£	£
100 Ordinary Shares of £ 1.00 each	100	100

21. Pension Commitments

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund.

During the year the charge to the profit and loss account in respect of defined contribution schemes was £8,031 (2024: £7,914).

At the balance sheet date contributions of £NIL were due to the fund and are included in creditors.

22. Dividends

	2025	2024
	£	£
On equity shares:
Interim dividend paid	-	284,000

23. Related Party Disclosures

The company has taken advantage of exemption, under 33.1A of the Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", not to disclose transactions with wholly owned subsidiaries within the group.

24. Controlling Parties

The company's immediate parent undertaking is Ideal Commercial Group Limited

The ultimate parent undertaking and that of the smallest and largest group for which group accounts are drawn up of which the company is a member is Ideal Commercial Group Limited (incorporated in England & Wales). Its registered office is Warnford Road, West Meon, Petersfield, England, GU32 1JN.

Copies of the group accounts may be obtained from the company's registered office.

The company's ultimate controlling party is Mr A R Lane by virtue of their interest in the share capital of the company's parent company.

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