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Registered number: 02184357 CAMBERLEY GROUP PLC ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
CAMBERLEY GROUP PLC COMPANY INFORMATION
Directors | R I Acey
| J A Griffiths
| J S Griffiths
Company secretary | I Watts
Registered number | 02184357
Registered office | Unit 10
| Springlakes Industrial Estate
| Deadbrook Lane
| Aldershot
| Hampshire
| GU12 4UH
Independent auditors | Barnes Roffe Audit Limited
| Chartered Accountants & Statutory Auditor
| Leytonstone House
| 3 Hanbury Drive
| London
| E11 1GA
CAMBERLEY GROUP PLC CONTENTS
| Page
Group strategic report | 1 - 3
Directors' report | 4 - 5
Independent auditor's report | 6 - 9
Consolidated statement of income and retained earnings | 10
Consolidated balance sheet | 11 - 12
Company balance sheet | 13 - 14
Consolidated statement of changes in equity | 15
Company statement of changes in equity | 16
Consolidated statement of cash flows | 17
Consolidated analysis of net debt | 18
Notes to the financial statements | 19 - 41
CAMBERLEY GROUP PLC GROUP STRATEGIC REPORT FOR THE YEAR ENDED 30 JUNE 2025
Introduction
The directors present their Group strategic report for the year ended 30 June 2025.
Business review
Group turnover increased to £6,950,707 (2024 - £6,792,127) and the Group profit before taxation amounted to £160,564 (2024 - loss before taxation of £56,907). The directors are satisfied with the results of the group's trading subsidiaries.
Principal risks and uncertainties
There are no matters concerning financial risk which are material for the assessment of assets, liabilities, financial position and profit or loss of the Group or Company. The Group has various bank facilities provided at commercial rates, which the Group is operating within and which are not considered to pose significant financial risk. Future developments Due to the current economic environment the directors are unable to forecast with any certainty the financial outcome for the current year. However, the Group is always seeking out new opportunities as they present themselves. New products are under development and the directors are confident that these will strengthen the Group's trading activities over the next year. Research and development activities During the year the Group has continued to incur research and development expenditure developing new products for its customers.
Financial key performance indicators
The directors consider the following to be key performance indicators of the Group:
|  | 2025 | 2024
| Gross profit percentage | 30.4% | 25.3%
| Current ratio | 0.90 | 0.77
| Sales per employee | £99,296 | £91,786
| Percentage of overseas sales | 16.2% | 18.4%
| Stock turnover | 3.8 | 4.1
Page 1
CAMBERLEY GROUP PLC GROUP STRATEGIC REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025
Policy on the payment of creditors
For all trade creditors it is the Group's policy to: - review and agree the terms of payment at the start of business with that supplier; - ensure that suppliers are aware of the terms of payment; - pay in accordance with its contractual and other legal obligations. This policy is made known to staff who handle payments to suppliers and is made known to suppliers on request. For the Group, trade creditors days at 30 June 2025 amounted to 21 (2024 - 26).
Directors' statement of compliance with duty to promote the success of the Group
Under section 172 of the Companies Act 2006 the directors of the Group have a legal responsibility to act in the way we consider would be most likely to promote the Group’s success for the benefit of its members, and to have regard to the long-term effect of our decisions on the Group and its stakeholders. In doing so the directors must have regard to the following: ∙the likely consequences of any decision in the long term; ∙the interests of the Group’s employees; ∙the need to foster relationships with suppliers, customers and others; ∙the impact of the Group’s operations on the community and the environment; ∙the desirability of the Group to maintain a reputation for high standards of business conduct and product quality; and ∙the need to act fairly between members of the Group. Employment policy The Group does not discriminate against anyone on any grounds. The criterion for selection or promotion is the suitability of the person for the job. Group policy is to provide employment to people irrespective of sex, age, religion, or disability. Appropriate levels of training and development are available for all levels and categories of staff. Customers and suppliers The Group is aware that our customers and suppliers are an important part of our operations. We strive to build longstanding and sustainable relationships with both to ensure mutual benefit, and to be honest and transparent in line with our Group culture. We treat customers and suppliers fairly. Environment The operations of the Group are managed subject to input from environmental permitting agencies which apply principles of continuous improvement alongside safety in the workplace and to the environment. The Group monitors its environmental impact in climate protection, energy management and waste avoidance standards and will continue to work to further reduce and or compensate for the effects and influences of its economic activities. Standards of Business Conduct The Group conducts its business in accordance with the law and has standards in place which must be adhered to by everyone who represents the Group. These standards embody the principles that govern our ethical and legal obligations and comply with the Group's policies. Page 2
CAMBERLEY GROUP PLC GROUP STRATEGIC REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025 Other key performance indicators Global events and economics continue to cause uncertainty. However, the Group is resilient. The directors continue to take decisive action to manage and adapt to quickly changing circumstances. The Group has continued to invest in plant and machinery into financial year 2026, to continue to capitalise on future opportunities. The directors would like to thank staff, customers, and business partners for their continued support. This report was approved by the board on 8 December 2025 and signed on its behalf.
J A Griffiths Director
Page 3
CAMBERLEY GROUP PLC DIRECTORS' REPORT FOR THE YEAR ENDED 30 JUNE 2025 The directors present their report and the financial statements for the year ended 30 June 2025.
Directors' responsibilities statement
The directors are responsible for preparing the Group strategic report, the Directors' report and the consolidated 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 applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), 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 for the Group's financial statements and then apply them consistently; ∙make judgments and accounting estimates that are reasonable and prudent; ∙state whether applicable UK 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 Group will continue in business. The directors are 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 the Group and to 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.
Results and dividends
The profit for the year, after taxation, amounted to £90,597 (2024 - loss £78,349). Dividends of £nil were declared during the year (2024 - £nil). The Directors do not recommend a dividend to be paid.
Directors
The directors who served during the year were:
J A Griffiths
J S Griffiths R I Acey
Page 4
CAMBERLEY GROUP PLC DIRECTORS' REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025
Greenhouse gas emissions, energy consumption and energy efficiency action
The Group's greenhouse gas emissions and energy consumption for the year are 1,612,000 kWh (2024 - 1,801,131kWh) and associated greenhouse gas emissions for the year were 311,116 Kg Co2e (2024 - 347,618Kg Co2e). The usage was calculated from third party billing information received in the year. In the coming year the Group will continue to work to further reduce or compensate for the effects and influences of its economic activities. This includes investing in fuel efficient machinery and within the year end, the installation of solar panels to pursue renewable energy consumption. Co2 per £'000 revenue amounted to 44.76 KG/CO2 £'000 (2024 - 51.18KG/CO2 £'000).
Disclosure of information to auditor
Each of the persons who are directors at the time when this Directors' report is approved has confirmed that: ∙so far as the director is aware, there is no relevant audit information of which the Company and the Group's auditors are unaware, and ∙the director has taken all the steps that ought to have been taken as a director in order to be aware of any relevant audit information and to establish that the Company and the Group's auditors are aware of that information.
Auditors
During the year Barnes Roffe LLP resigned as auditors due to the transfer of its audit business and its successor Barnes Roffe Audit Limited was appointed by the directors under s485 Companies Act 2006. This report was approved by the board on 8 December 2025 and signed on its behalf.
I Watts Secretary
Page 5
CAMBERLEY GROUP PLC INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF CAMBERLEY GROUP PLC
Opinion
We have audited the financial statements of Camberley Group Plc (the 'Parent Company') and its subsidiaries (the 'Group') for the year ended 30 June 2025, which comprise the Consolidated statement of income and retained earnings, the Consolidated analysis of net debt, the Consolidated Balance Sheet, the Company Balance Sheet, the Consolidated Statement of Cash Flows, the Consolidated Statement of Changes in Equity, the Company Statement of Changes in 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, 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's affairs as at 30 June 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 United Kingdom, including the Financial Reporting Council'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 or 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. Page 6
CAMBERLEY GROUP PLC INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF CAMBERLEY GROUP PLC (CONTINUED)
Other information
The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' report thereon. The directors are 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. 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 course of 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.
Opinion 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 Directors' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and ∙the Group strategic report and the Directors' 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 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 Directors' 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 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. Page 7
CAMBERLEY GROUP PLC INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF CAMBERLEY GROUP PLC (CONTINUED)
Responsibilities of directors
As explained more fully in the Directors' responsibilities statement set out on page 4, 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 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 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 an Auditors' 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 Group financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows: ∙The engagement partner ensured that the engagement team collectively had the appropriate competence capabilities and skills to identify or recognise non-compliance with applicable laws and regulations; ∙We identified the laws and regulations applicable to the company through discussions with directors and other management, and from our commercial knowledge and experience of the relevant sector; ∙We focused on specific laws and regulations, which we considered may have a direct material effect on the financial statements or the operations of the company, including the Companies Act 2006 and ISO standards; ∙We assessed the extent of compliance with laws and regulations identified above through making enquires of management and inspecting legal correspondence and identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit. We assessed the susceptibility of the company’s financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by: ∙Making enquires of management as to where they considered there was susceptibility to fraud, their knowledge of actual suspected and alleged fraud; and ∙Considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations. Page 8
CAMBERLEY GROUP PLC INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF CAMBERLEY GROUP PLC (CONTINUED) To address the risk of fraud through management bias and override of controls, we: ∙Performed analytical procedures to identify and unusual or unexpected relationships; ∙Tested journal entries to identify unusual transactions; ∙Assessed whether judgements and assumptions made in determining the accounting estimates were indicative of potential bias; and ∙Investigated the rationale behind significant or unusual transaction. Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. 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 Auditors' 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 we are required to state to them in an Auditors' 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. Simon Liggins (Senior statutory auditor) for and on behalf of Barnes Roffe Audit Limited Chartered Accountants Statutory Auditor Leytonstone House 3 Hanbury Drive London E11 1GA 9 December 2025 Page 9
CAMBERLEY GROUP PLC CONSOLIDATED STATEMENT OF INCOME AND RETAINED EARNINGS FOR THE YEAR ENDED 30 JUNE 2025
| 2025 | 2024
Note | £ | £
Turnover | 4 | 6,950,707 | 6,792,127
Cost of sales |  | (4,838,896) | (5,076,272)
Gross profit |  | 2,111,811 | 1,715,855
Administrative expenses |  | (1,955,129) | (1,786,610)
Operating profit/(loss) | 5 | 156,682 | (70,755)
Interest receivable and similar income | 9 | 3,882 | 13,848
Profit/(loss) before tax |  | 160,564 | (56,907)
Tax on profit/(loss) | 10 | (69,967) | (21,442)
Profit/(loss) after tax |  | 90,597 | (78,349)
Retained earnings at the beginning of the year |  | 2,213,143 | 2,291,492
Profit/(loss) for the year attributable to the owners of the Parent Company |  | 90,597 | (78,349)
Retained earnings at the end of the year |  | 2,303,740 | 2,213,143
The notes on pages 19 to 41 form part of these financial statements.
Page 10
CAMBERLEY GROUP PLC REGISTERED NUMBER: 02184357 CONSOLIDATED BALANCE SHEET AS AT 30 JUNE 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Intangible assets | 12 |  | 68,094 |  | 136,193
Tangible assets | 13 |  | 3,031,170 |  | 3,310,053
Investments | 14 |  | 371,312 |  | 371,312
|  |  | 3,470,576 |  | 3,817,558
Current assets |  |  |  |  |
Stocks | 15 | 519,912 |  | 672,053 |
Debtors | 16 | 3,462,923 |  | 2,097,394 |
Cash at bank and in hand | 17 | 389,202 |  | 565,423 |
|  | 4,372,037 |  | 3,334,870 |
Creditors: amounts falling due within one year | 18 | (4,879,296) |  | (4,349,775) |
Net current liabilities |  |  | (507,259) |  | (1,014,905)
Total assets less current liabilities |  |  | 2,963,317 |  | 2,802,653
Provisions for liabilities |  |  |  |  |
Deferred taxation | 19 |  | (396,977) |  | (327,010)
Net assets |  |  | 2,566,340 |  | 2,475,643
Capital and reserves |  |  |  |  |
Called up share capital | 20 |  | 131,600 |  | 131,500
Other reserves | 21 |  | 131,000 |  | 131,000
Profit and loss account | 21 |  | 2,303,740 |  | 2,213,143
|  |  | 2,566,340 |  | 2,475,643
Page 11
CAMBERLEY GROUP PLC REGISTERED NUMBER: 02184357 CONSOLIDATED BALANCE SHEET (CONTINUED) AS AT 30 JUNE 2025 The financial statements were approved and authorised for issue by the board and were signed on its behalf on 8 December 2025.
J A Griffiths
Director
The notes on pages 19 to 41 form part of these financial statements. Page 12
CAMBERLEY GROUP PLC REGISTERED NUMBER: 02184357 COMPANY BALANCE SHEET AS AT 30 JUNE 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 13 |  | 2,117,947 |  | 2,161,169
Investments | 14 |  | 1,927,819 |  | 1,927,819
|  |  | 4,045,766 |  | 4,088,988
Current assets |  |  |  |  |
Debtors | 16 | 2,220,546 |  | 993,820 |
Cash at bank and in hand | 17 | 175,936 |  | 180,663 |
|  | 2,396,482 |  | 1,174,483 |
Creditors: amounts falling due within one year | 18 | (3,889,900) |  | (2,789,102) |
Net current liabilities |  |  | (1,493,418) |  | (1,614,619)
Total assets less current liabilities |  |  | 2,552,348 |  | 2,474,369
Provisions for liabilities |  |  |  |  |
Deferred taxation | 19 |  | (223,320) |  | (188,184)
Net assets |  |  | 2,329,028 |  | 2,286,185
Capital and reserves |  |  |  |  |
Called up share capital | 20 |  | 131,600 |  | 131,500
Other reserves | 21 |  | 131,000 |  | 131,000
Profit and loss account brought forward |  | 2,023,685 |  | 2,049,491 |
Profit/(loss) for the year |  | 42,743 |  | (25,806) |
Profit and loss account carried forward |  |  | 2,066,428 |  | 2,023,685
|  |  | 2,329,028 |  | 2,286,185
Page 13
CAMBERLEY GROUP PLC REGISTERED NUMBER: 02184357 COMPANY BALANCE SHEET (CONTINUED) AS AT 30 JUNE 2025 The financial statements were approved and authorised for issue by the board and were signed on its behalf on 8 December 2025.
J A Griffiths
Director
The notes on pages 19 to 41 form part of these financial statements. Page 14
CAMBERLEY GROUP PLC CONSOLIDATED STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 30 JUNE 2025
| Called up share capital | Other reserves | Profit and loss account | Total equity
| £ | £ | £ | £
At 1 July 2023 | 131,500 | 131,000 | 2,291,492 | 2,553,992
Loss for the year | - | - | (78,349) | (78,349)
At 1 July 2024 | 131,500 | 131,000 | 2,213,143 | 2,475,643
Profit for the year | - | - | 90,597 | 90,597
Shares issued during the year | 100 | - | - | 100
At 30 June 2025 | 131,600 | 131,000 | 2,303,740 | 2,566,340
| The notes on pages 19 to 41 form part of these financial statements.
Page 15
CAMBERLEY GROUP PLC COMPANY STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 30 JUNE 2025
| Called up share capital | Other reserves | Profit and loss account | Total equity
| £ | £ | £ | £
At 1 July 2023 | 131,500 | 131,000 | 2,049,491 | 2,311,991
Loss for the year | - | - | (25,806) | (25,806)
At 1 July 2024 | 131,500 | 131,000 | 2,023,685 | 2,286,185
Profit for the year | - | - | 42,743 | 42,743
Shares issued during the year | 100 | - | - | 100
At 30 June 2025 | 131,600 | 131,000 | 2,066,428 | 2,329,028
| The notes on pages 19 to 41 form part of these financial statements.
Page 16
CAMBERLEY GROUP PLC CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 JUNE 2025
|  |  | 2025 | 2024
|  |  | £ | £
Cash flows from operating activities |  |
Profit/(loss) for the financial year | 90,597 | (78,349)
Adjustments for: |  |
Amortisation of intangible assets | 68,099 | 68,099
Depreciation of tangible assets | 288,614 | 253,860
Loss on disposal of tangible assets | (1,500) | (323)
Interest received | (3,882) | (13,848)
Taxation charge | 69,967 | 21,442
Decrease/(increase) in stocks | 152,141 | (104,208)
(Increase) in debtors | (1,365,429) | (191,884)
Increase/(decrease) in creditors | 529,521 | (278,666)
Corporation tax received | - | 11,193
Net cash generated from operating activities | (171,872) | (312,684)
Cash flows from investing activities |  |
Purchase of tangible fixed assets | (9,731) | (571,103)
Sale of tangible fixed assets | 1,500 | 323
Interest received | 3,882 | 13,848
Net cash from investing activities | (4,349) | (556,932)
Net (decrease) in cash and cash equivalents | (176,221) | (869,616)
Cash and cash equivalents at beginning of year | 565,423 | 1,435,039
Cash and cash equivalents at the end of year | 389,202 | 565,423
Cash and cash equivalents at the end of year comprise: |  |
Cash at bank and in hand | 389,202 | 565,423
| 389,202 | 565,423
The notes on pages 19 to 41 form part of these financial statements.
Page 17
CAMBERLEY GROUP PLC CONSOLIDATED ANALYSIS OF NET DEBT FOR THE YEAR ENDED 30 JUNE 2025
| At 1 July 2024 | Cash flows | At 30 June 2025
| £ | £ | £
Cash at bank and in hand | 565,423 | (176,221) | 389,202
| 565,423 | (176,221) | 389,202
The notes on pages 19 to 41 form part of these financial statements.
Page 18
CAMBERLEY GROUP PLC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
1. | General information
Camberley Group PLC (the "Company") is a public company limited by shares, incorporated in England and Wales. The business address is Unit 10, Springlakes Industrial Estate, Deadbrook Lane, Aldershot, Hampshire, GU12 4UH. The principal activity of the Company, which remained unchanged from last year, is that of acting as a parent company and holding the freehold property of the Group. The principal activity of the Group’s subsidiaries, was that of the manufacture of specialist rubber and synthetic elastomers and the supply of components and associated tooling. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires Group management to exercise judgment in applying the Group's accounting policies (see note 3). The Company has taken advantage of the exemption allowed under section 408 of the Companies Act 2006 and has not presented its own Statement of income and retained earnings in these financial statements. The following principal accounting policies have been applied:
| 2.2 | Basis of consolidation
The consolidated financial statements present the results of the Company and its own subsidiaries ("the Group") as if they form a single entity. Intercompany transactions and balances between group companies are therefore eliminated in full. The consolidated financial statements incorporate the results of business combinations using the purchase method. In the Balance sheet, the acquiree's identifiable assets, liabilities and contingent liabilities are initially recognised at their fair values at the acquisition date. The results of acquired operations are included in the Consolidated statement of income and retained earnings from the date on which control is obtained. They are deconsolidated from the date control ceases. In accordance with the transitional exemption available in FRS 102, the Group has chosen not to retrospectively apply the standard to business combinations that occurred before the date of transition to FRS 102, being 01 July 2014. Page 19
CAMBERLEY GROUP PLC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 2.Accounting policies (continued)
| 2.3 | Exemptions for qualifying entities under FRS 102
FRS 102 section 1.12 allows a qualifying entity certain disclosure exemptions, subject to certain conditions, which have been complied with, including notification of, and no objection to, the use of exemptions by the Company’s shareholders. The Company has taken advantage of the following exemption: (i) From preparing a statement of cash flows, on the basis that it is a qualifying entity and the consolidated statement of cash flows, included in these financial statements, includes the Company’s cash flows.
| 2.4 | Going concern
The directors have considered the ability of the Group to continue as a Going Concern. This is corroborated from the review of post year end management accounts. As well as considering cash flow, the directors have also taken into account the immediate and future impact on Profit and Loss and Balance Sheet. Based on these assessments the directors have concluded that the Group has adequate resources to continue in existence for the forseeable future as a Going Concern and accordingly these financial statements have been prepared on that basis. Page 20
CAMBERLEY GROUP PLC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 2.Accounting policies (continued)
| 2.5 | Revenue
Revenue shown in the consolidated statement of income and retained earnings represents amounts receivable for goods and management services provided during the year in the normal course of business, net of discounts, VAT and other sales and related taxes. Camberley Group PLC Management charges Management charge income is recognised on an accruals basis and accounted for in the period in which the services are rendered. Rental income Sales invoices for rental income are raised monthly in advance for services provided. Revenue is recognised in the accounting period in which the property is let to tenants. Camberley Rubber Mouldings Limited Sale of goods Revenue on sale of goods for both local and overseas sales is recognised once the goods are despatched to the customer. For this reason the sales invoice date is always the same as the goods despatch note date. Upon despatch of the goods, revenue is recognised since the Company transfers the significant risks and rewards of ownership to the buyer. Sales are made on credit, however the element of financing is deemed immaterial and is disregarded in the measurement of revenue. Management charge income Management charge income is recognised on an accruals basis and accounted for in the period in which the services are rendered. Broadoak Manufacturing Limited Sale of goods Revenue on sale of goods is recognised once the goods are despatched to the customer. For this reason the sales invoice date is always the same as the goods despatch note date. Upon despatch of the goods, revenue is recognised since the Company transfers the significant risks and rewards of ownership to the buyer. Sales are made on credit, however the element of financing is deemed immaterial and is disregarded in the measurement of revenue. Page 21
CAMBERLEY GROUP PLC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 2.Accounting policies (continued)
| 2.6 | Intangible assets
Goodwill Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of the Group's share of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight line basis to the Consolidated statement of income and retained earnings over its useful economic life. The only Goodwill in these consolidated financial statements relates to the acquisition of Broadoak Manufacturing Limited and it is amortised over 10 years. Other intangible assets Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. At each reporting date the Group assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount. All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years. Page 22
CAMBERLEY GROUP PLC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 2.Accounting policies (continued)
| 2.7 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method. Depreciation is provided on the following basis:
|  |  |  | Freehold property | - | 2% straight line
|  |  |  | Plant and machinery | - | 12.5% - 33.3% straight line
|  |  |  | Motor vehicles | - | 25% straight line
|  |  |  | Fixtures and fittings | - | 33.3% straight line
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss. Freehold land is not depreciated.
| 2.8 | Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment. Investments in unlisted Group shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Consolidated statement of income and retained earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment. Investments properties are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.
| 2.9 | Stocks and work in progress
Stocks are valued at the lower of cost and net realisable value, after making due allowances for obsolete and slow moving items. Work in progress is valued on the basis of direct costs plus attributable overheads based on normal levels of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress. At each balance sheet date, stocks and work in progress are assessed for impairment. If stocks and work in progress are impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in the statement of income and retained earnings. Page 23
CAMBERLEY GROUP PLC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 2.Accounting policies (continued)
| 2.10 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.11 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value. In the Consolidated statement of cash flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the Group's cash management.
| 2.12 | Financial instruments
The Group has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments. Basic financial assets Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial. The Group's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments. Basic financial liabilities 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 Group after the deduction of all its liabilities. Basic financial liabilities, which include trade and other creditors, bank loans, other loans and loans due to fellow group companies are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial. Debt instruments are subsequently carried at their amortised cost using the effective interest rate method. Page 24
CAMBERLEY GROUP PLC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 2.Accounting policies (continued)
| 2.12 | Financial instruments (continued)
Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.
| 2.13 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
| 2.14 | Foreign currency translation
Functional and presentation currency The Company's functional and presentational currency is GBP. Transactions and balances Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions. At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined. Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges. Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Consolidated statement of income and retained earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.
| 2.15 | Operating leases: the Group as lessor
Rental income from operating leases is credited to profit or loss on a straight-line basis over the lease term. Amounts paid and payable as an incentive to sign an operating lease are recognised as a reduction to income over the lease term on a straight-line basis, unless another systematic basis is representative of the time pattern over which the lessor's benefit from the leased asset is diminished. Page 25
CAMBERLEY GROUP PLC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 2.Accounting policies (continued)
| 2.16 | Operating leases: the Group as lessee
Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term. Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.
| 2.17 | Leased assets: the Group as lessee
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase 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 creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to profit or loss so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
| 2.18 | Pensions
Defined contribution pension plan The Group operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Group pays fixed contributions into a separate entity. Once the contributions have been paid the Group has no further payment obligations. The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Group in independently administered funds.
| 2.19 | Holiday pay accrual
A liability is recognised to the extent of any unused holiday pay entitlement which is accrued at the balance sheet date and carried forward to future periods. This is measured at the undiscounted salary cost of the future holiday entitlement so accrued at the balance sheet date.
| 2.20 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.21 | Provisions for liabilities
Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made. Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties. Increases in provisions are generally charged as an expense to profit or loss. Page 26
CAMBERLEY GROUP PLC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 2.Accounting policies (continued)
| 2.22 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company and the Group operate and generate income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met; and ∙Where they relate to timing differences in respect of interests in subsidiaries, associates, branches and joint ventures and the Group can control the reversal of the timing differences and such reversal is not considered probable in the foreseeable future. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
| 2.23 | Research and development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight line basis over their useful economic lives. If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.
| 2.24 | Related party transactions
The Group and Company discloses transactions with related parties which are not wholly within the same group. Where appropriate, transactions of a similar nature are aggregated unless, in the opinion of the directors, separate disclosure is necessary to understand the effect of the transaction on the Group financial statements. Page 27
CAMBERLEY GROUP PLC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 2.Accounting policies (continued)
| 2.25 | Share capital
Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.
3. | Judgments in applying accounting policies and key sources of estimation uncertainty
Estimates and judgments are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Critical judgments in applying the entity’s accounting policies No significant judgments have had to be made by management in preparing these financial statements. Critical accounting estimates and assumptions Useful economic lives of tangible assets The annual depreciation charge for tangible assets is sensitive to changes in estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are re-assessed annually. They are amended when necessary to reflect current estimates, based on the technological advancement, future investments, economic utilisation and the physical condition of the assets. See note 13 for the carrying amount of the property plant and equipment, and note 2.7 for useful economic lives for each class of assets. Taxation The Group establishes provisions based on reasonable estimates. Management estimation is required to determine the amount of deferred tax assets/liabilities that can be recognised, based upon likely timing and level of future taxable profits together with an assessment of the effect of future tax planning strategies. Further details are contained in note 2.22 and note 10. Stock provisions The Group establishes stock and work in progress provisions based on knowledge of the business, the nature of the product and future sales orders. The Group’s activities are such that they must comply with relevant health and safety and industry wide quality assurance standards and make associated provisions based on these factors to maintain the high quality components expected from the Group. The amounts shown in note 15 for stocks and work in progress are net of any associated provisions. Page 28
CAMBERLEY GROUP PLC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
4. | Turnover
| An analysis of turnover by class of business is as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Total turnover | 6,950,707 | 6,792,127
Analysis of turnover by country of destination:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| United Kingdom | 5,825,540 | 5,545,967
| Rest of Europe | 1,125,167 | 1,246,160
|  | 6,950,707 | 6,792,127
5. | Operating profit/(loss)
| The operating profit/(loss) is stated after charging:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Depreciation of tangible fixed assets | 288,614 | 253,860
| Exchange differences | 2,038 | 2,046
| Amortisation of intangible fixed assets | 68,099 | 68,099
| Stocks recognised as an expense | 2,403,386 | 2,612,458
| Defined contribution pension cost | 150,035 | 137,696
6. | Auditors' remuneration
| During the year, the Group obtained the following services from the Company's auditors and their associates:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Fees payable to the Company's auditors and their associates for the audit of the consolidated and parent Company's financial statements | 27,000 | 26,600
| Fees payable to the Company's auditors and their associates in connection with: |  |
| Taxation compliance services | 4,000 | 4,000
| All taxation advisory services not included above | 12,750 | 14,650
Page 29
CAMBERLEY GROUP PLC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
7. | Employees
| Staff costs, including directors' remuneration, were as follows:
|  | Group | Group | Company | Company
|  | 2025 | 2024 | 2025 | 2024
|  | £ | £ | £ | £
| Wages and salaries | 2,704,308 | 2,684,528 | 405,741 | 354,192
| Social security costs | 310,802 | 263,958 | 54,942 | 42,930
| Cost of defined contribution scheme | 155,535 | 137,696 | 29,687 | 21,263
|  | 3,170,645 | 3,086,182 | 490,370 | 418,385
| The average monthly number of employees, including the directors, during the year was as follows:
|  |  | 2025 | 2024
|  |  | No. | No.
|  | Number of administrative staff | 7 | 7
|  | Number of other staff | 63 | 67
|  |  | 70 | 74
8. | Directors' remuneration
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Directors' emoluments | 250,280 | 192,846
| Group contributions to defined contribution pension schemes | 5,500 | 4,975
|  | 255,780 | 197,821
| During the year retirement benefits were accruing to 2 directors (2024 - 2) in respect of defined contribution pension schemes.
| The highest paid director received remuneration of £185,816 (2024 - £137,470).
| The value of the Group's contributions paid to a defined contribution pension scheme in respect of the highest paid director amounted to £5,500 (2024 - £4,975).
Page 30
CAMBERLEY GROUP PLC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
9. | Interest receivable and similar income
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other interest receivable | 3,882 | 13,848
10. | Taxation
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Corporation tax |  |
| Adjustments in respect of previous periods | - | (11,199)
|  | - | (11,199)
| Total current tax | - | (11,199)
| Deferred tax |  |
| Origination and reversal of timing differences | 69,967 | 32,641
| Total deferred tax | 69,967 | 32,641
| Tax on profit/(loss) | 69,967 | 21,442
Page 31
CAMBERLEY GROUP PLC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 10.Taxation (continued)
| Factors affecting tax charge for the year
| The tax assessed for the year is higher than (2024 - higher than) the standard lower rate of corporation tax in the UK of 19% (2024 - 19%). The differences are explained below:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Profit/(loss) on ordinary activities before tax | 160,564 | (56,907)
| Profit/(loss) on ordinary activities multiplied by standard rate of corporation tax in the UK of 19% (2024 - 19%) | 30,507 | (10,812)
| Effects of: |  |
| Non-tax deductible amortisation of goodwill and impairment | 12,939 | 12,939
| Expenses not deductible for tax purposes, other than goodwill amortisation and impairment | 26,521 | 30,514
| Prior year corporation tax adjustment | - | (11,199)
| Total tax charge for the year | 69,967 | 21,442
11. | Parent company profit for the year
The Company has taken advantage of the exemption allowed under section 408 of the Companies Act 2006 and has not presented its own Statement of income and retained earnings in these financial statements. The profit after tax of the parent Company for the year was £42,743 (2024 - loss of £25,806). Page 32
CAMBERLEY GROUP PLC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
12. | Intangible assets
| Group
|  | Goodwill
|  | £
| Cost |
| At 1 July 2024 | 680,985
| At 30 June 2025 | 680,985
| Amortisation |
| At 1 July 2024 | 544,792
| Charge for the year on owned assets | 68,099
| At 30 June 2025 | 612,891
| Net book value |
| At 30 June 2025 | 68,094
| At 30 June 2024 | 136,193
Page 33
CAMBERLEY GROUP PLC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
13. | Tangible fixed assets
| Group
|  | Freehold property | Plant and machinery | Motor vehicles | Fixtures and fittings | Total
|  | £ | £ | £ | £ | £
| Cost or valuation |  |  |  |  |
| At 1 July 2024 | 2,861,472 | 5,101,905 | 168,249 | 4,018 | 8,135,644
| Additions | - | 9,731 | - | - | 9,731
| Disposals | - | - | (13,900) | - | (13,900)
| At 30 June 2025 | 2,861,472 | 5,111,636 | 154,349 | 4,018 | 8,131,475
| Depreciation |  |  |  |  |
| At 1 July 2024 | 700,303 | 3,968,481 | 152,789 | 4,018 | 4,825,591
| Charge for the year on owned assets | 43,222 | 237,595 | 7,797 | - | 288,614
| Disposals | - | - | (13,900) | - | (13,900)
| At 30 June 2025 | 743,525 | 4,206,076 | 146,686 | 4,018 | 5,100,305
| Net book value |  |  |  |  |
| At 30 June 2025 | 2,117,947 | 905,560 | 7,663 | - | 3,031,170
| At 30 June 2024 | 2,161,169 | 1,133,424 | 15,460 | - | 3,310,053
| Included within freehold land and buildings is land with an estimated cost of £500,000 that is not depreciated.
Page 34
CAMBERLEY GROUP PLC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 13.Tangible fixed assets (continued)
| Company
|  | Freehold property | Plant and machinery | Total
|  | £ | £ | £
| Cost or valuation |  |  |
| At 1 July 2024 | 2,861,472 | 65,383 | 2,926,855
| At 30 June 2025 | 2,861,472 | 65,383 | 2,926,855
| Depreciation |  |  |
| At 1 July 2024 | 700,303 | 65,383 | 765,686
| Charge for the year on owned assets | 43,222 | - | 43,222
| At 30 June 2025 | 743,525 | 65,383 | 808,908
| Net book value |  |  |
| At 30 June 2025 | 2,117,947 | - | 2,117,947
| At 30 June 2024 | 2,161,169 | - | 2,161,169
Page 35
CAMBERLEY GROUP PLC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
14. | Fixed asset investments
| Group
|  | Unlisted investments | Investment properties | Total
|  | £ | £ | £
| Cost or valuation |  |  |
| At 1 July 2024 | 34,000 | 337,312 | 371,312
| At 30 June 2025 | 34,000 | 337,312 | 371,312
| Net book value |  |  |
| At 30 June 2025 | 34,000 | 337,312 | 371,312
| At 30 June 2024 | 34,000 | 337,312 | 371,312
| Company
|  | Investments in subsidiary companies | Unlisted investments | Investment properties | Total
|  | £ | £ | £ | £
| Cost or valuation |  |  |  |
| At 1 July 2024 | 1,556,507 | 34,000 | 337,312 | 1,927,819
| At 30 June 2025 | 1,556,507 | 34,000 | 337,312 | 1,927,819
| Net book value |  |  |  |
| At 30 June 2025 | 1,556,507 | 34,000 | 337,312 | 1,927,819
| At 30 June 2024 | 1,556,507 | 34,000 | 337,312 | 1,927,819
Page 36
CAMBERLEY GROUP PLC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
| Subsidiary undertakings
| The following were subsidiary undertakings of the Company:
| Name | Principal activity | Class of shares | Holding
| Camberley Rubber Mouldings Limited | Manufacture of rubber components | Ordinary shares | 100%
| Broadoak Manufacturing Limited | Manufacture of rubber components | Ordinary shares | 100%
| J. & L. Polymers Limited * | Dormant company | Ordinary shares | 100%
| * Held by a subsidiary company.
15. | Stocks
|  | Group | Group
|  | 2025 | 2024
|  | £ | £
| Raw materials and consumables | 292,539 | 426,672
| Work in progress (goods to be sold) | 113,920 | 84,590
| Finished goods and goods for resale | 113,453 | 160,791
|  | 519,912 | 672,053
16. | Debtors
|  | Group | Group | Company | Company
|  | 2025 | 2024 | 2025 | 2024
|  | £ | £ | £ | £
| Trade debtors | 1,002,154 | 937,836 | - | -
| Other debtors | 2,366,066 | 1,069,780 | 2,211,407 | 985,592
| Prepayments and accrued income | 94,703 | 89,778 | 9,139 | 8,228
|  | 3,462,923 | 2,097,394 | 2,220,546 | 993,820
17. | Cash and cash equivalents
|  | Group | Group | Company | Company
|  | 2025 | 2024 | 2025 | 2024
|  | £ | £ | £ | £
| Cash at bank and in hand | 389,202 | 565,423 | 175,936 | 180,663
Page 37
CAMBERLEY GROUP PLC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
18. | Creditors: Amounts falling due within one year
|  | Group | Group | Company | Company
|  | 2025 | 2024 | 2025 | 2024
|  | £ | £ | £ | £
| Trade creditors | 294,695 | 355,469 | 8,637 | 14,061
| Amounts owed to group undertakings | - | - | 494,986 | 703,430
| Corporation tax | 279,500 | - | 279,500 | -
| Other taxation and social security | 217,460 | 198,782 | 39,449 | 9,003
| Other creditors | 3,858,443 | 3,610,569 | 2,995,263 | 2,043,868
| Accruals and deferred income | 229,198 | 184,955 | 72,065 | 18,740
|  | 4,879,296 | 4,349,775 | 3,889,900 | 2,789,102
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CAMBERLEY GROUP PLC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
19. | Deferred taxation
| Group
|  | 2025 | 2024
|  | £ | £
| At beginning of year | (327,010) | (294,369)
| Charged to profit or loss | (69,967) | (32,641)
| At end of year | (396,977) | (327,010)
| Company
|  | 2025 | 2024
|  | £ | £
| At beginning of year | (188,184) | (157,941)
| Charged to profit or loss | (35,136) | (30,243)
| At end of year | (223,320) | (188,184)
|  | Group | Group | Company | Company
|  | 2025 | 2024 | 2025 | 2024
|  | £ | £ | £ | £
| Accelerated capital allowances | (269,036) | (324,069) | (70,379) | (70,243)
| Tax losses carried forward | 30,000 | 155,000 | 5,000 | 40,000
| Rolled over gain | (157,941) | (157,941) | (157,941) | (157,941)
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CAMBERLEY GROUP PLC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
20. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 118,350 (2024 - 118,350) Ordinary shares of £1.00 each | 118,350 | 118,350
|  | 13,150 (2024 - 13,150) Ordinary 'B' shares of £1.00 each | 13,150 | 13,150
|  | 100 (2024 - Nil) Ordinary 'C' shares of £1.00 each | 100 | -
|  |  | 131,600 | 131,500
| The Ordinary and the Ordinary 'B' shares have voting rights and rights to dividends.
During the year the Company issued 100 Ordinary 'C' shares, each with a nominal value of £1. The Ordinary 'C' shares do not carry voting rights or rights to dividends, but do hold rights to certain distributions triggered by certain events as stipulated in the Company's Articles of Association.
21. | Reserves
Other reserves Other reserves are a capital redemption reserve that represents share capital redeemed by the shareholders. Profit and loss account The Profit and loss account consists of distributable reserves arising from cumulative historical profits and losses less any distributions made.
22. | Contingent liabilities
The Group has an ongoing HMRC enquiry in respect of a matter which arose several years ago. The directors are robustly defending the Group's position and are confident that no economic loss will arise.
23. | Capital commitments
| At 30 June 2025 the Group and Company had capital commitments as follows:
|  | Group | Group
|  | 2025 | 2024
|  | £ | £
| Contracted fixed asset purchases but not provided in these financial statements | - | (50,062)
|  | - | (50,062)
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CAMBERLEY GROUP PLC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
24. | Pension commitments
The Group operates a number of defined contribution pension schemes for full time employees. The assets of the schemes are held separately from those of the Group in independently administered funds. The pension cost charge represents contributions payable by the Group and amounted to £150,035 (2024 - £137,696). Group pension contributions outstanding at the balance sheet date amounted to £24,472 (2024 - £23,837) and are included within accruals and deferred income.
25. | Commitments under operating leases
| The Group and the Company had no commitments under non-cancellable operating leases at the balance sheet date.
26. | Related party transactions
| During the year the Group made sales of £1,300,255 (2024 - £1,176,445) to related companies controlled by a common director. These sales were made in the normal course of business and on normal commercial terms. In addition, the Group charged the related companies £802,000 (2024 - £830,000) for management, administration and rental services. Rent was paid to a connected entity of £10,000 (2024 - £10,000). As at the balance sheet date, the Group owed £3,760,512 to related companies (2024 - £3,547,622), and was owed by related companies £1,212,496 (2024 - £1,064,517). At the balance sheet date amounts of £862,404 (2024 - £2,404) were owed by directors and their close family members.
27. | Controlling party
The Group is controlled by the directors on a day to day basis. The ultimate controlling party is considered to be J A Griffiths, the controlling shareholder.
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