REGISTERED NUMBER: 04193643 (England and Wales)

MAYLEIGH HOUSE HOLDINGS LTD.

GROUP STRATEGIC REPORT, REPORT OF THE DIRECTORS AND

AUDITED

CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Group Strategic Report

2

Report of the Directors

3

to

4

Report of the Independent Auditors

5

to

8

Consolidated Statement of Comprehensive Income

9

Consolidated Balance Sheet

10

Company Balance Sheet

11

Consolidated Statement of Changes in Equity

12

Company Statement of Changes in Equity

13

Consolidated Cash Flow Statement

14

Notes to the Consolidated Cash Flow Statement

15

Notes to the Consolidated Financial Statements

16

to

27

DIRECTORS:

A F Robinson

Ms H Robinson

Ms K Robinson

REGISTERED OFFICE:

Mayleigh House

Orchard Hill

Little Billing

Northampton

NN3 9AD

REGISTERED NUMBER:

04193643 (England and Wales)

AUDITORS:

Phipps Henson McAllister

Chartered Accountants

and Statutory Auditors

22-24 Harborough Road

Kingsthorpe

Northampton

NN2 7AZ

The directors present their strategic report of the company and the group for the year ended 31 March 2025.

REVIEW OF BUSINESS

We aim to present a balanced and comprehensive review of the development and performance of our business during the year and its position at the year end. Our review is consistent with the size and non-complex nature of our business and is written in the context of the risks and uncertainties we face.

We consider that our key performance indicators are those that communicate the financial performance of the group as a whole, these being turnover, profits and return on capital.

The group saw an increase in turnover net of commissions paid of 10.0% during the year.

The group made a profit for the year after tax of £275,480 (2024 - £162,120). Since no dividend has been declared, the Group's net assets have increased as a consequence of the retained profits.

The return on capital employed was 8.78% (2024 - 6.04%) Return on capital is calculated as group operating profit divided by capital employed.

The director is satisfied with the results for the year and is confident in the group's strategy going forward. The group continues to seek to develop into new niche markets.

Detailed business reviews for each of the subsidiary companies can be found in the financial statements of the individual companies.

CASH FLOW RISK

The group closely monitors and manages its cash flow. Cash flow forecasts are prepared with the objective of alerting the directors to potential future risks. It is the group's policy to ensure that adequate cash funds are available at all times to meet all outgoings.

CREDIT RISK

Credit risk is the financial exposure generated by the potential default of third parties in fulfilling their obligations. Credit risk arises for the group if it is unable to recover sums due from customers. The group sets maximum levels of credit tolerance for its customers and regularly reviews them to mitigate this risk.

CLAIMS RISK

The group closely monitors its claims ratio for all types of policy sold on an ongoing basis and have a great deal of historical claims data available to assist with this monitoring process ensuring the risk of a deterioration in the claims ratio is kept to a minimum.

ON BEHALF OF THE BOARD:

A F Robinson - Director

2 December 2025

The directors present their report with the financial statements of the company and the group for the year ended 31 March 2025.

PRINCIPAL ACTIVITIES

The principal activities of the group in the year under review were those of the provision of a nationwide and continental motor vehicle recovery service and insuring the same.

DIVIDENDS

No dividends will be distributed for the year ended 31 March 2025.

DIRECTOR

A F Robinson held office during the whole of the period from 1 April 2024 to the date of this report.

Other changes in directors holding office are as follows:

Ms H Robinson and Ms K Robinson were appointed as directors after 31 March 2025 but prior to the date of this report.

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Group Strategic Report, the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors 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 the group and of the profit or loss of the group for that period. In preparing these financial statements, the directors are required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

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

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the group's auditors are unaware, and each director has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the group's auditors are aware of that information.

AUDITORS

The auditors, Phipps Henson McAllister, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

A F Robinson - Director

2 December 2025

Opinion

We have audited the financial statements of Mayleigh House Holdings Ltd. (the 'parent company') and its subsidiaries (the 'group') for the year ended 31 March 2025 which comprise the Consolidated Statement of Comprehensive Income, Consolidated Balance Sheet, Company Balance Sheet, Consolidated Statement of Changes in Equity, Company Statement of Changes in Equity, Consolidated Cash Flow Statement and Notes to the Consolidated Cash Flow Statement, Notes to the Financial Statements, 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, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

-	give a true and fair view of the state of the group's and of the parent company affairs as at 31 March 2025 and of the group's profit 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 Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the group 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 directors' 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 group's and the parent company's ability to continue as a going concern for a period of at least twelve 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 directors are responsible for the other information. The other information comprises the information in the Group Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

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 Group Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and

-	the Group Strategic Report and the Report of the Directors 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 group and the parent company and its environment obtained in the course of the audit, we have not identified material misstatements in the Group Strategic Report or the Report of the Directors.

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

-	adequate accounting records have not been kept by the parent company, or returns adequate for our audit have not been received from branches not visited by us; or

-	the parent company financial statements are not in agreement with the accounting records and returns; or

-	certain disclosures of directors' remuneration specified by law are not made; or

-	we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the Statement of Directors' Responsibilities set out on page three, the directors are 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 directors determine 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 directors are responsible for assessing the group's and the parent 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 group or the parent company or to cease operations, or have no realistic alternative but to do so.

Auditors' 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 a Report of the Auditors 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:

-

We obtained an understanding of the legal and regulatory frameworks applicable to the Group and the sector in which they operate. We determined that the following laws and regulations were most significant: the Companies Act 2006, and UK corporate taxation laws.

-

We obtained an understanding of how the Group is complying with those legal and regulatory frameworks by making inquiries to the management. We corroborated our inquiries through our review of board minutes and other papers.

-

We assessed the susceptibility of the Group's financial statements to material misstatement, including how fraud might occur. Audit procedures performed by the engagement team included:

-

identifying and assessing the design effectiveness of controls management has in place to prevent and detect fraud;

-

understanding how those charged with governance considered and addressed the potential for override of controls or other inappropriate influence over the financial reporting process;

-

identifying and testing journal entries, in particular any journal entries posted with unusual account combinations; and

-

assessing the extent of compliance with the relevant laws and regulations.

These audit procedures were designed to provide reasonable assurance that the financial statements were free from fraud or error. The risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error and detecting irregularities that result from fraud is inherently more difficult than detecting those that result from an error, as fraud may involve collusion, deliberate concealment, forgery or intentional misrepresentations. Also, the further removed non-compliance with laws and regulations is from events and transactions reflected in the financial statements, the less likely we would become aware of it.

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.

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 we are required to state to them in a Report of the Auditors 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.

Stuart Armstrong FCCA (Senior Statutory Auditor)

for and on behalf of Phipps Henson McAllister

Chartered Accountants

and Statutory Auditors

22-24 Harborough Road

Kingsthorpe

Northampton

NN2 7AZ

2 December 2025

TURNOVER

2,492,868

2,150,444

Cost of sales

1,351,721

1,194,105

GROSS PROFIT

1,141,147

956,339

Administrative expenses

840,755

766,483

OPERATING PROFIT

300,392

189,856

Interest receivable and similar income

67,241

27,905

367,633

217,761

Interest payable and similar expenses

4

857

3,111

PROFIT BEFORE TAXATION

5

366,776

214,650

Tax on profit

6

91,294

52,530

PROFIT FOR THE FINANCIAL YEAR

275,482

162,120

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

275,482

162,120

Profit attributable to:

Owners of the parent

275,482

162,120

Total comprehensive income attributable to:

Owners of the parent

275,482

162,120

FIXED ASSETS

Intangible assets

8

-

-

Tangible assets

9

20,181

27,067

Investments

10

Shares in related undertakings

3,327

3,327

Investment property

11

33,000

33,000

56,508

63,394

CURRENT ASSETS

Debtors

12

818,432

833,085

Cash at bank and in hand

3,108,140

3,336,222

3,926,572

4,169,307

CREDITORS

Amounts falling due within one year

13

548,579

1,072,086

NET CURRENT ASSETS

3,377,993

3,097,221

TOTAL ASSETS LESS CURRENT LIABILITIES

3,434,501

3,160,615

PROVISIONS FOR LIABILITIES

15

13,295

14,891

NET ASSETS

3,421,206

3,145,724

CAPITAL AND RESERVES

Called up share capital

16

650,960

650,960

Investment property revaluation reserve

17

32,999

32,999

Retained earnings

17

2,737,247

2,461,765

SHAREHOLDERS' FUNDS

3,421,206

3,145,724

The financial statements were approved by the Board of Directors and authorised for issue on 2 December 2025 and were signed on its behalf by:

A F Robinson - Director

FIXED ASSETS

Intangible assets

8

-

-

Tangible assets

9

-

-

Investments

10

1,905,520

1,905,520

Investment property

11

-

-

1,905,520

1,905,520

CURRENT ASSETS

Debtors

12

3,296

1,391

Cash at bank

601,910

713,296

605,206

714,687

CREDITORS

Amounts falling due within one year

13

1,682,674

1,804,684

NET CURRENT LIABILITIES

(1,077,468

)

(1,089,997

)

TOTAL ASSETS LESS CURRENT LIABILITIES

828,052

815,523

CAPITAL AND RESERVES

Called up share capital

16

650,960

650,960

Retained earnings

17

177,092

164,563

SHAREHOLDERS' FUNDS

828,052

815,523

Company's profit for the financial year

12,529

2,315

The financial statements were approved by the Board of Directors and authorised for issue on 2 December 2025 and were signed on its behalf by:

A F Robinson - Director

Investment

Called up

property

share

Retained

revaluation

Total

capital

earnings

reserve

equity

£

£

£

£

Balance at 1 April 2023

650,960

2,299,645

32,999

2,983,604

Changes in equity

Total comprehensive income

-

162,120

-

162,120

Balance at 31 March 2024

650,960

2,461,765

32,999

3,145,724

Changes in equity

Total comprehensive income

-

275,482

-

275,482

Balance at 31 March 2025

650,960

2,737,247

32,999

3,421,206

Called up

share

Retained

Total

capital

earnings

equity

£

£

£

Balance at 1 April 2023

650,960

162,248

813,208

Changes in equity

Total comprehensive income

-

2,315

2,315

Balance at 31 March 2024

650,960

164,563

815,523

Changes in equity

Total comprehensive income

-

12,529

12,529

Balance at 31 March 2025

650,960

177,092

828,052

Cash flows from operating activities

Cash generated from operations

1

(148,796

)

155,576

Interest paid

(857

)

(3,111

)

Tax paid

(45,670

)

(149,766

)

Net cash from operating activities

(195,323

)

2,699

Cash flows from investing activities

Purchase of tangible fixed assets

-

(27,644

)

Interest received

67,241

27,905

Net cash from investing activities

67,241

261

Cash flows from financing activities

Loan repayments in year

(100,000

)

-

Net cash from financing activities

(100,000

)

-

(Decrease)/increase in cash and cash equivalents

(228,082

)

2,960

Cash and cash equivalents at beginning of year

2

3,336,222

3,333,262

Cash and cash equivalents at end of year

2

3,108,140

3,336,222

1.	RECONCILIATION OF PROFIT BEFORE TAXATION TO CASH GENERATED FROM OPERATIONS

2025

2024

£

£

Profit before taxation

366,776

214,650

Depreciation charges

6,786

577

Loss on disposal of fixed assets

100

-

Finance costs

857

3,111

Finance income

(67,241

)

(27,905

)

307,278

190,433

Decrease/(increase) in trade and other debtors

14,653

(130,116

)

(Decrease)/increase in trade and other creditors

(470,727

)

95,259

Cash generated from operations

(148,796

)

155,576

2.	CASH AND CASH EQUIVALENTS

The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

Year ended 31 March 2025

31/3/25

1/4/24

£

£

Cash and cash equivalents

3,108,140

3,336,222

Year ended 31 March 2024

31/3/24

1/4/23

£

£

Cash and cash equivalents

3,336,222

3,333,262

3.	ANALYSIS OF CHANGES IN NET FUNDS

At 1/4/24

Cash flow

At 31/3/25

£

£

£

Net cash

Cash at bank and in hand

3,336,222

(228,082

)

3,108,140

3,336,222

(228,082

)

3,108,140

Debt

Debts falling due within 1 year

(100,000

)

100,000

-

(100,000

)

100,000

-

Total

3,236,222

(128,082

)

3,108,140

1.	STATUTORY INFORMATION

Mayleigh House Holdings Ltd. 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 General Information page.

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

Mayleigh House Holdings Limited is a company set up to be the parent company of the group.

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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The director has reviewed liquidity requirements across the Group and is confident that there is sufficient flexibility such that it continues to be appropriate to prepare the accounts on a going concern basis.

Basis of consolidation

The consolidated financial statements incorporate the financial statements of the company and all group undertakings, together with the group's share of the net assets and results of associated undertakings. These are adjusted, where appropriate, to conform to group accounting policies. Acquisitions are accounted for under the acquisition method. The results of companies acquired or disposed of are included in the profit and loss account after or up to the date that control passes respectively. As a consolidated profit and loss account is published, a separate profit and loss account for the parent company is omitted from the group financial statements by virtue of section 408 of the Companies Act 2006.

Turnover

The turnover shown in the income statement represents premiums for providing a car recovery and breakdown service. These amounts are accounted for on a receivable basis, the premiums allocated to the period for which cover is provided.

Creditors include a provision for unearned premiums which represents the proportion of premiums received up to the balance sheet date which relate to future accounting periods,calculated by reference to the number of days for which cover extends into future accounting periods.

Insurance Contracts

Turnover includes amounts derived from the provision of insurance contracts relating to vehicle recovery and breakdown services.

Cost of sales includes the cost of settling claims and claims handling fees. Claims paid are calculated in accordance with the terms of each insurance agreement.

Provision is made for the estimated cost of claims incurred but not settled at the balance sheet date including the cost of claims incurred but not yet reported.

Goodwill

Negative goodwill has arisen on the consolidation of the subsidiaries and represents the excess of the fair value of the group share of intangible assets acquired over the cost of investment. In accordance with FRS 102 negative goodwill is being written back in the profit and loss account. The period over which the goodwill is being amortised or written back is 20 years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Fixtures and fittings

-

33% on reducing balance, 25% on reducing balance and 20% on reducing balance

Motor vehicles

-

25% on reducing balance, 25% on cost and 20% on reducing balance

Investments in associates

Investments in associate undertakings are recognised at cost.

Investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investment property

Investment property is shown at fair value. No depreciation is provided. Changes in fair value are recognised in the income statement.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Consolidated Statement of Comprehensive Income, 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 group operates a defined contribution pension scheme. Contributions payable to the group's pension scheme are charged to profit or loss in the period to which they relate.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the group after deducting all of its liabilities. Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Critical accounting judgements and estimation uncertainty

To be able to prepare financial statements in accordance with FRS102, Mayleigh House Holdings Limited must make certain estimates and judgements that have an impact on the policies and the amounts reported in the annual accounts. The estimates and judgement are based on historical experiences and other factors including expectations of future events that are believed to be reasonable at the time such estimates and judgements are made. Actual experience may vary from these estimates.

The estimates and assumptions which have the most significant risk of causing a material adjustment to the carrying amounts of assets and liabilities are discussed below:

Tangible Assets

Mayleigh House Holdings Limited determines the estimated useful lives, residual values and related depreciation charges for its fixed assets with reference to the estimated periods that the group intends to derive future economic benefits from the use of these assets. Management will revise the depreciation charge where useful lives or residual values are materially different from those previously estimated. Actual economic lives may differ from estimated useful lives and actual residual values may differ from estimated useful values. Periodic review could result in a change in depreciable lives and residual values and therefore depreciation expenses in the future periods.

Investment Properties

The fair values of investment properties are reviewed annually, but there is an inevitable degree of judgement involved in that each property is unique and value can only ultimately be reliably tested in the market itself.

Trade debtors

In determining the recoverability of trade debtors, management provide for any trade debtors that they believe not to be recoverable.

3.	EMPLOYEES AND DIRECTORS

2025

2024

£

£

Wages and salaries

560,062

512,898

Social security costs

43,976

37,155

Other pension costs

25,339

26,102

629,377

576,155

The average number of employees during the year was as follows:

2025

2024

Administrative staff

32

29

In the opinion of the directors key management personnel are considered to be the directors only.

2025

2024

£

£

Director's remuneration

35,963

43,155

Director's pension contributions to money purchase schemes

4,645

1,295