REGISTERED NUMBER: 02200224 (England and Wales)

SACHETS LIMITED

STRATEGIC REPORT,

REPORT OF THE DIRECTOR AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Strategic Report

2

Report of the Director

3

Report of the Independent Auditors

4

Income Statement

7

Other Comprehensive Income

8

Balance Sheet

9

Statement of Changes in Equity

10

Cash Flow Statement

11

Notes to the Cash Flow Statement

12

Notes to the Financial Statements

13

DIRECTOR:

C J M Ball

SECRETARY:

R A Ball

REGISTERED OFFICE:

Unit 1 Rugby Mill

Gorse Street

Chadderton

Oldham

Lancashire

OL9 9RJ

REGISTERED NUMBER:

02200224 (England and Wales)

AUDITORS:

Murray Smith LLP

Chartered Accountants

Statutory Auditors

Darland House

44 Winnington Hill

Northwich

Cheshire

CW8 1AU

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

REVIEW OF BUSINESS

The Director is pleased with the results achieved in year ended 31 March 2025. The increased manufacturing capacity afforded by the fully functioning production facility at Rugby Business Park together with the Wellington Road site being brought back into production has improved profitability. The pre tax net profit for the year amounted to £972,998 (2024 £1,432,823). The programme of investment in Plant & Machinery has continued with £760,000 being spent in this way. This has enabled the company to optimise its production processes which in turn ensures that quality of product is maintained. The company continues to refine its operations to continually improve efficiency & ultimately productivity.

The company has successfully managed its supply side by diversifying its suppliers & holding stock at higher levels than normal when the need has arisen.

Turnover increased by 13.2% when compared to the previous year to reach a level of £19.7 million. Gross margins have decreased to 27% (2024 31%) as a result of some costly write offs this year along with some material cost increases. The directors are confident that turnover will increase further and profitability is threatened by increase to employment costs and customers forcing retenders to try to recoup their increases in labour costs brought on by changes to the company tax environment.

The company maintains strong contacts with suppliers, customers and employees. The company continues to manufacture & sell wet wipes, air fresheners, toilet blocks and related products.

Additionally, the company invests in research and development to actively develop environmentally friendly packaging & bring new products to the market.

The director is optimistic for the future success of the company given the ample production capacity they now possess. High quality of product will be maintained and the company will look to expand in both domestic and overseas markets.

The company's key financial and other performance indicators during the year were as follows:

Financial KPI's

Unit

2025

2024

Turnover growth

%

13

9

Gross profit margin

%

27

31

PRINCIPAL RISKS AND UNCERTAINTIES

The director has identified the following risks & uncertainties in relation to future operations:

-Interest rate fluctuations

-Currency fluctuations

-Cost of energy

-Supply side issues relating to certain raw materials used by the company.

-Highly competitive market

In relation to all the risks identified the director actively forward plans and manages the issues arising to minimise the impact on the operations of the company.

ON BEHALF OF THE BOARD:

C J M Ball - Director

2 December 2025

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

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of development, manufacture and sale of air fresheners and related products.

DIVIDENDS

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

DIRECTOR

C J M Ball held office during the whole of the period from 1 April 2024 to the date of this report.

STATEMENT OF DIRECTOR'S RESPONSIBILITIES

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

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

-	select suitable accounting policies and then apply them consistently;

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

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

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

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the director is aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and he 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 company's auditors are aware of that information.

AUDITORS

The auditors, Murray Smith LLP, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

C J M Ball - Director

2 December 2025

Opinion

We have audited the financial statements of Sachets Limited (the 'company') for the year ended 31 March 2025 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity, Cash Flow Statement and Notes to the 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 company's affairs as at 31 March 2025 and of its 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 company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

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

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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 director with respect to going concern are described in the relevant sections of this report.

Other information

The director is responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Director, 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 Strategic Report and the Report of the Director for the financial year for which the financial statements are prepared is consistent with the financial statements; and

-	the Strategic Report and the Report of the Director have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

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

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, or returns adequate for our audit have not been received from branches not visited by us; or

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

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

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

Responsibilities of director

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

In preparing the financial statements, the director is responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the director either intends to liquidate the company or to cease operations, or has 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:

The audit procedures designed to identify irregularities included:

-

Enquiry of management and those charged with governance around actual and potential litigation and claims

-

Enquiry of company staff with responsibilities for compliance matters to identify any instances of non-compliance with laws and regulations

-

Reviewing financial statement disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations

-

Auditing the risk of management override of controls, including through testing journal entries and other adjustments for appropriateness, and evaluating the business rationale of significant transactions outside the normal course of business.

There are inherent limitations in the audit procedures described above and, the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery, intentional misrepresentations or through collusion.

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.

Nicola Tucker (Senior Statutory Auditor)

for and on behalf of Murray Smith LLP

Chartered Accountants

Statutory Auditors

Darland House

44 Winnington Hill

Northwich

Cheshire

CW8 1AU

5 December 2025

TURNOVER

3

19,729,154

17,423,034

Cost of sales

14,491,646

12,022,872

GROSS PROFIT

5,237,508

5,400,162

Distribution costs

787,621

658,235

Administrative expenses

3,399,923

3,180,444

4,187,544

3,838,679

1,049,964

1,561,483

Other operating income

12,088

12,317

OPERATING PROFIT

6

1,062,052

1,573,800

Interest payable and similar expenses

7

89,054

140,977

PROFIT BEFORE TAXATION

972,998

1,432,823

Tax on profit

8

380,475

268,451

PROFIT FOR THE FINANCIAL YEAR

592,523

1,164,372

PROFIT FOR THE YEAR

592,523

1,164,372

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

592,523

1,164,372

FIXED ASSETS

Intangible assets

10

153,011

199,728

Tangible assets

11

5,153,524

4,844,608

5,306,535

5,044,336

CURRENT ASSETS

Stocks

12

2,128,733

1,589,334

Debtors

13

2,060,214

2,488,515

Cash at bank and in hand

239,732

131,305

4,428,679

4,209,154

CREDITORS

Amounts falling due within one year

14

2,997,652

3,099,498

NET CURRENT ASSETS

1,431,027

1,109,656

TOTAL ASSETS LESS CURRENT LIABILITIES

6,737,562

6,153,992

CREDITORS

Amounts falling due after more than one year

15

(673,137

)

(1,062,565

)

PROVISIONS FOR LIABILITIES

18

(880,798

)

(500,323

)

NET ASSETS

5,183,627

4,591,104

CAPITAL AND RESERVES

Called up share capital

19

50,003

50,003

Revaluation reserve

356,488

363,915

Retained earnings

4,777,136

4,177,186

5,183,627

4,591,104

The financial statements were approved by the director and authorised for issue on 2 December 2025 and were signed by:

C J M Ball - Director

Called up

share

Retained

Revaluation

Total

capital

earnings

reserve

equity

£

£

£

£

Balance at 1 April 2023

50,002

3,029,389

371,340

3,450,731

Changes in equity

Profit for the year

-

1,164,372

-

1,164,372

Revaluation reserve transfer

-

7,425

(7,425

)

-

Total comprehensive income

-

1,171,797

(7,425

)

1,164,372

Dividends

-

(24,000

)

-

(24,000

)

Issue of share capital

1

-

-

1

Balance at 31 March 2024

50,003

4,177,186

363,915

4,591,104

Changes in equity

Profit for the year

-

592,523

-

592,523

Revaluation reserve transfer

-

7,427

(7,427

)

-

Total comprehensive income

-

599,950

(7,427

)

592,523

Balance at 31 March 2025

50,003

4,777,136

356,488

5,183,627

Cash flows from operating activities

Cash generated from operations

1

1,293,067

1,537,936

Interest paid

(89,054

)

(140,977

)

Net cash from operating activities

1,204,013

1,396,959

Cash flows from investing activities

Purchase of intangible fixed assets

-

(16,000

)

Purchase of tangible fixed assets

(887,099

)

(759,991

)

Sale of tangible fixed assets

49,940

-

Net cash from investing activities

(837,159

)

(775,991

)

Cash flows from financing activities

Loan repayments in year

(444,050

)

(842,690

)

New HP in year

440,286

320,250

Capital repayments in year

(254,663

)

(253,380

)

Share issue

-

1

Equity dividends paid

-

(24,000

)

Net cash from financing activities

(258,427

)

(799,819

)

Increase/(decrease) in cash and cash equivalents

108,427

(178,851

)

Cash and cash equivalents at beginning of year

2

131,305

310,156

Cash and cash equivalents at end of year

2

239,732

131,305

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

2025

2024

£

£

Profit before taxation

972,998

1,432,823

Depreciation charges

477,069

471,574

Loss on disposal of fixed assets

51,174

18,193

Amortisation charges

46,717

-

Finance costs

89,054

140,977

1,637,012

2,063,567

(Increase)/decrease in stocks

(539,399

)

846,066

Decrease/(increase) in trade and other debtors

428,301

(295,618

)

Decrease in trade and other creditors

(232,847

)

(1,076,079

)

Cash generated from operations

1,293,067

1,537,936

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

239,732

131,305

Year ended 31 March 2024

31.3.24

1.4.23

£

£

Cash and cash equivalents

131,305

310,156

3.	ANALYSIS OF CHANGES IN NET DEBT

At 1.4.24

Cash flow

At 31.3.25

£

£

£

Net cash

Cash at bank and in hand

131,305

108,427

239,732

131,305

108,427

239,732

Debt

Finance leases

(669,263

)

(185,623

)

(854,886

)

Debts falling due within 1 year

(870,794

)

1,817

(868,977

)

Debts falling due after 1 year

(602,528

)

442,233

(160,295

)

(2,142,585

)

258,427

(1,884,158

)

Total

(2,011,280

)

366,854

(1,644,426

)

1.	STATUTORY INFORMATION

Sachets Limited 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 Company Information page.

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

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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:

- the amount of revenue can be reliably measured;

- it is probable that future economic benefits will flow to the entity;

- and specific criteria have been met for each of the company's activities.

Intangible assets

Separately acquired trademarks and licences are shown at historical cost.

Trademarks, licences and customer-related intangible assets have a finite useful life and are carried at cost less accumulated amortisation and any accumulated impairment losses.

Amortisation

Amortisation is provided on intangible assets as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Development costs

10% per annum using the straight line method

Trademarks

10% per annum using the straight line method

Tangible fixed assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Freehold property reclassified from investment property, the deemed cost is the fair value at the date of change in use.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Freehold property

- 2% on cost

Short leasehold

- 10% on cost

Plant and machinery

- 10% on reducing balance or on cost

Fixture and fittings

- 10% on cost

Motor vehicles

- 25% on reducing balance

Government grants

Government grants in relation to tangible fixed assets are accounted for using the performance model.

Accordingly grants are credited to the profit and loss account over the period from receipt to the date that all performance conditions are met.

Grants that relate to revenue are recognised in income on a systematic basis over the periods in which the related costs for which the grant is intended to compensate. Government grants are recognised as other income.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of the business.

Trade debtors are recognised initially at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on the present value basis.

Dividends

Dividend distribution to the company's shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Financial instruments

Classification

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as 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.

Recognition and measurement

Bank loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Directors' loans, trade debtors and trade creditors are measured at the undiscounted amount expected to be paid or received.

Impairment

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence is found, an impairment loss is recognised in the profit and loss.

3.

TURNOVER

The analysis of the company's turnover for the year from continuing operations is as follows;

2025

2024

£

£

Sale of goods

19,666,581

17,423,034

The analysis of the company's Turnover for the year by market is ads follows:

2025

2024

£

£

UK

16,695,524

15,465,871

Rest of the world

2,971,057

1,957,163

19,666,581

17,423,034

4.	EMPLOYEES AND DIRECTORS

2025

2024

£

£

Wages and salaries

3,460,550

2,579,868

Other pension costs

252,112

240,075

3,712,662

2,819,943

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

2025

2024

Production

74

61

Administration and support

17

15

91

76

5.	DIRECTORS' EMOLUMENTS

The directors remuneration for the year was as follows:

2025

2024

£

£

Remuneration and benefits

35,728

33,800

Contributions paid to money purchase schemes

100,000

100,000

135,728

133,800