exi Group Holdings Ltd - Limited company accounts 25.1

REGISTERED NUMBER: 10767800 (England and Wales)

REPORT OF THE DIRECTOR AND

UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

EXI GROUP HOLDINGS LTD

Page

Company Information

1

Report of the Director

2

Consolidated Income Statement

3

Consolidated Balance Sheet

4

Company Balance Sheet

6

Notes to the Consolidated Financial Statements

8

DIRECTOR:

R J Kinnersley

REGISTERED OFFICE:

111 Berkeley Road South

Earlsdon

Coventry

CV5 6EF

REGISTERED NUMBER:

10767800 (England and Wales)

ACCOUNTANTS:

Askews Chartered Certified Accountants

5 The Quadrant

Coventry

West Midlands

CV1 2EL

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

DIRECTOR

R J Kinnersley held office during the whole of the period from 1 April 2024 to the date of this report.

POLITICAL DONATIONS AND EXPENDITURE

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

R J Kinnersley - Director

3 December 2025

TURNOVER

7,344,309

8,743,975

Cost of sales

2,185,538

3,024,159

GROSS PROFIT

5,158,771

5,719,816

Administrative expenses

3,041,016

2,590,171

OPERATING PROFIT

4

2,117,755

3,129,645

Income from shares in group undertakings

4,948

3,340

Interest receivable and similar income

53,888

43,979

58,836

47,319

2,176,591

3,176,964

Interest payable and similar expenses

12

-

PROFIT BEFORE TAXATION

2,176,579

3,176,964

Tax on profit

579,341

800,428

PROFIT FOR THE FINANCIAL YEAR

1,597,238

2,376,536

Profit attributable to:

Owners of the parent

1,479,959

2,102,406

Non-controlling interests

117,279

274,130

1,597,238

2,376,536

FIXED ASSETS

Tangible assets

6

26,243

38,626

CURRENT ASSETS

Stocks

2,500

145,358

Debtors

7

2,927,954

3,045,175

Investments

8

34,989

-

Cash at bank

4,171,208

4,112,823

7,136,651

7,303,356

CREDITORS

Amounts falling due within one year

9

1,908,922

2,325,548

NET CURRENT ASSETS

5,227,729

4,977,808

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,253,972

5,016,434

CAPITAL AND RESERVES

Called up share capital

100

106

Retained earnings

3,987,254

3,866,989

3,987,354

3,867,095

NON-CONTROLLING INTERESTS

1,266,618

1,149,339

TOTAL EQUITY

5,253,972

5,016,434

The company and the group are entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company and the group to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the group 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 and the group as at the end of each financial year and of the group's 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 and the group.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 3 December 2025 and were signed by:

R J Kinnersley - Director

FIXED ASSETS

Tangible assets

6

25,388

36,633

CURRENT ASSETS

Debtors

7

1,951,125

1,908,357

Investments

8

36,113

Cash at bank

638,652

572,355

2,625,890

2,516,825

CREDITORS

Amounts falling due within one year

9

416,657

405,946

NET CURRENT ASSETS

2,209,233

2,110,879

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,234,621

2,147,512

CAPITAL AND RESERVES

Called up share capital

97

103

Retained earnings

2,234,524

2,147,409

2,234,621

2,147,512

Company's profit for the financial year

685,503

808,237

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 3 December 2025 and were signed by:

R J Kinnersley - Director

1.	STATUTORY INFORMATION

exi Group 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.

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

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

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Consolidated 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 35 ).

4.	OPERATING PROFIT

The operating profit is stated after charging:

2025

2024

£

Depreciation - owned assets

14,425

19,206

5.	INDIVIDUAL INCOME STATEMENT

As permitted by Section 408 of the Companies Act 2006, the Income Statement of the parent company is not presented as part of these financial statements.

6.	TANGIBLE FIXED ASSETS

Group

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

COST

At 1 April 2024

35,375

28,095

55,572

119,042

Additions

-

2,042

At 31 March 2025

35,375

28,095

57,614

121,084

DEPRECIATION

At 1 April 2024

11,666

28,095

40,655

80,416

Charge for year

8,422

-

6,003

14,425

At 31 March 2025

20,088

28,095

46,658

94,841

NET BOOK VALUE

At 31 March 2025

15,287

-

10,956

26,243

At 31 March 2024

23,709

-

14,917

38,626

Company

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1 April 2024

34,051

26,899

60,950

Additions

-

2,042

At 31 March 2025

34,051

28,941

62,992

DEPRECIATION

At 1 April 2024

10,342

13,975

24,317

Charge for year

8,422

4,865

13,287

At 31 March 2025

18,764

18,840

37,604

NET BOOK VALUE

At 31 March 2025

15,287

10,101

25,388

At 31 March 2024

23,709

12,924

36,633

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Group

Company

2025

2024

2025

2024

£

Trade debtors

1,101,882

1,882,085

524,454

223,296

Amounts owed by group undertakings

3,837

1,595

91,353

364,654

Other debtors

1,822,235

1,161,495

1,335,318

1,320,407

2,927,954

3,045,175

1,951,125

1,908,357

8.	CURRENT ASSET INVESTMENTS

Group

Company

2025

2024

2025

2024

£

Shares in group undertakings

34,989

-

36,113

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Group

Company

2025

2024

2025

2024

£

Trade creditors

449,470

744,338

65,791

85,434

Taxation and social security

441,769

1,145,891

260,838

213,738

Other creditors

1,017,683

435,319

90,028

106,774

1,908,922

2,325,548

416,657

405,946