Temple Group Management Limited

Contents
	Page
Strategic Report	1—2
Director's Report	3
Independent Auditor's Report	4—5
Consolidated Profit and Loss Account	6
Consolidated Statement of Comprehensive Income	7
Consolidated Balance Sheet	8
Company Balance Sheet	9
Consolidated Statement of Changes in Equity	10
Company Statement of Changes in Equity	11
Consolidated Statement of Cash Flows	12
Notes to the Consolidated Statement of Cash Flows	13
Notes to the Financial Statements	14—23

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

Principal Activity

NOTE: Since this report was written, Temple Group Ltd (Temple) was acquired by Ramboll UK Ltd (Ramboll). The report states Temple’s principal activities, performance for the year ended 31 March 2025, as well as the Board’s approach to risks and uncertainty and its view on the market outlook, prior to Temple’s acquisition by Ramboll on the 1st of May, 2025.

This acquisition demonstrates Ramboll’s belief in the value of Temple Group Ltd as a business and its people, as well as Ramboll’s commitment to investing in the UK region, delivering sustainable growth, and continuing to enhance their offering as a leading sustainable and environmental business both in the UK and globally.

As of April 1, 2025, Linckia Ltd, a new business focused on geospatial products and services in the sustainability market was formed and this remains a subsidiary of Temple Group Management Ltd.

Temple Group Management is the parent company and wholly owns Temple Group Ltd. Temple is a leading independent infrastructure and development consultancy specialising in environment, planning, and sustainability services. We are committed to balancing profit with purpose, considering the impact of our decisions on society, the environment, and our team. The B Corp status of Temple Group demonstrates our commitment to the same, notably high standards of social and environmental responsibility, accountability, and transparency.

Guided by our company ethos, our primary goal is long-term value creation for all stakeholders, promoting sustainable development, and positively impacting society and the planet.

Review of the Business

Last year saw reduced revenue from HS2 and other major government infrastructure contracts, along with market uncertainty due to the UK general election and wider geopolitical events. In response, we continued to commit to invest in our digital program, enhanced service offerings, new partnerships, and further diversification, alongside our B-Corp and volunteering activities.

Notable achievements for Temple Group included sustained growth in energy, water, marine, and advisory markets, success in property and rail sectors, establishment of an international ESG service line, early success in environmental technical support for data centres, and relocating our head office to a central London location near Blackfriars station.

The investment in the digital delivery team and key partnerships led to innovative digital products in biodiversity net gain, behavioural carbon, and natural capital.

The reported revenue for the year ended 31 March 2025 is £10.3m with a PBT (loss) of £241k compared to revenue of £10m and a loss of £1.4m for the period to 31 March 2024.

Despite the financial results falling short of our ambitious targets, they are a significant improvement over 2023/24, demonstrating an upward trajectory and progress in the context of our commitment to long-term value creation and growing a sustainable business. Further investment in digital and diversified services has and will continue to help us capitalise on opportunities in major infrastructure and development sectors, addressing the reduction in HS2 revenue and delays in other significant projects.

During the run-up to the General Election, we performed slightly ahead of plan in H1. However, planned accelerated revenue growth in HS2 was hindered by government inaction on critical infrastructure projects, challenging economic conditions, and reduced UK business confidence. As a result, many projects were delayed, paused, or descoped, affecting our short-term revenue realisation despite a strong and growing opportunity pipeline and success in the redeployment of resources.

Amid these challenges, we continued to endorse Temple Group’s support for environmental and community charities through donations and volunteering.

Volunteers from Temple Group undertook a broad range of activities including construction of a bridge for Whitchurch Conservation Group, Hampshire, helping at food banks in Bow, east London and Horsham and tree planting at Coronation Gardens, Battle as well as at Stanmer Organics, Brighton. We also got involved in gardening with Manchester Urban Diggers (MUD), at Edith Gardens, London, with Citizen Zoo and with Ecotherapy at Stanmer Park. Employees used their volunteer day to be part of the judging panel for the Green Flag Awards and to carry out surveys on behalf of the Ancient Tree Forum. Our teams have also continued to support The Southwood Foundation on several projects in Sussex.

Direct donations were made to a variety of registered charities, including Thousand 4 1000 (in memory of a colleague who died suddenly), Mental Health UK (in memory of a colleague’s son who took his own life), Spinal Muscular Atrophy, Football Beyond Borders, Rocking Horse (Brighton), Horsham Matters, Forgotten Women and the Wildlife Trusts. Our offices also held collections in support of Macmillan Cancer Research, Tourettes Action and Bow Food Bank.

Principal Risks and Uncertainties

As a Board, we take a regular oversight of the Temple Board who actively identify, monitor and mitigate the financial and operational risks and uncertainties that we are exposed to and these are reproduced from Temple Group’s Strategic Report below.

Financial Risk

Our financial risks primarily relate to the stability of the UK economy, inflation, liquidity, and credit risk.

...CONTINUED

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Temple Group Management Limited

Strategic Report (continued)

For The Year Ended 31 March 2025

Principal Risks and Uncertainties - continued

Large infrastructure projects and government contracts constitute a significant portion of our revenue, and variations can impact turnover and profits. Over recent years, we have worked to reduce this risk by diversifying our revenue across sectors and geographies. We also mitigate this risk by investing in diversification activities, partnering on larger programs to share risk, and supplementing our team with associates and sub-consultants.

In a highly competitive industry, we face challenges in winning new work at suitable margins. We address these risks through effective cost management, market differentiation, selective bidding, and thorough scrutiny of our bid and project delivery processes to ensure satisfactory margins.

We manage credit risk by conducting external credit checks on potential clients, setting defined credit limits, and ongoing monitoring and reporting. We maintain a strong focus on cash management, frequently reviewing Debtor and WIP days, and preparing monthly cash flow forecasts that consider seasonality, especially in ecology.

As part of a Group, we have and have access to, adequate and available cash resources to meet our financial requirements.

Operational Risk

Our principal operational risks are project delivery and contract risk, recruitment and retention of key staff, reputational risk, and cyber security.

We review and discuss these risks regularly. Through our business strategy and business model as well as our certified management system, ongoing IT and cyber security investments, and stakeholder relationships, we have effective approaches, systems, and processes to identify, mitigate, and manage these risks.

This year, we faced risks from the Government's inconsistency in infrastructure project commitments, with several strategic programs delayed or altered. However, we benefited from increased funding and opportunities in energy, water security, and climate resilience infrastructure. In the UK real estate market, despite some active urban areas, political, regulatory, and economic uncertainty has generally negatively pressured prices and growth.

Staff retention, recruitment, and resourcing challenges persist, with intense competition driving salary inflation for skilled individuals in environmental, planning, and sustainability disciplines. These issues are expected to remain both risks and opportunities for the foreseeable future.

Employees

Temple’s employees remain core to our success, driving our achievements with their passion, professionalism, commitment, and creativity. Facing challenging recruitment and retention periods in the environmental sector, we strive to attract, develop, and retain top talent.

Temple’s embedded learning and development programs support career growth and our company values. Our agile business model offers staff protection, responsibility, varied work opportunities, and close collaboration with clients and experienced associates and partners. And our graduate program helps young consultants gain diverse experience.

Temple has introduced further enhanced benefits with a focus this year on women’s health, offering paid time-off for fertility therapy, menopause, neonatal care, and pregnancy loss. Additionally, we've improved support for carers and parents with flexible working and carer's leave policies. We also increased employer pension contributions for financial security and maintained our commitment to the Living Wage.

Temple’s employee engagement program includes regular questionnaires, feedback sessions, briefings (T-time), an internal newsletter (Temple Talks), a monthly Health & Safety Bulletin, and our in-house magazine “Roll with it.”

We sincerely thank our staff at Temple Group and Temple Group Management for their continued commitment, professionalism, loyalty, hard work, and support in achieving our shared goals.

Outlook

We believe the outlook for Temple Group as a UK-owned business remains challenging but positive with strong growth prospects in the medium term.

We remain committed to our belief that as a true and successful ethical and sustainable business we will continue to invest in our future business success alongside improved outcomes for our people, our clients and our planet.

On behalf of the board

Mr Richard Southwood

Director

16/12/2025

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Temple Group Management Limited

Company No. 03918281

Director's Report For The Year Ended 31 March 2025

Director's Report

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

Directors

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

Mr Richard Southwood

Post Balance Sheet Events

On 30th April 2025 the entire share capital of Temple Group Limited was disposed of to Ramboll UK Limited. The trade and assets of the company were hived up as part of a group reorganisation with effect from 1st October 2025.

Matters covered in the Strategic Report

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

Statement of Director's Responsibilities

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

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

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

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company and group's transactions and disclose with reasonable accuracy at any time the financial position of the company and the group and enable them to ensure that the financial statements comply with the Companies Act 2006. He is 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.

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

Statement of Disclosure of Information to Auditors

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

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

Independent Auditors

The auditors, Parkers, have indicated their willingness to continue in office and a resolution concerning their re-appointment will be proposed at the Annual General Meeting.

On behalf of the board

Mr Richard Southwood

Director

16/12/2025

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Independent Auditor's Report

to the Members of

Temple Group Management Limited

Independent Auditor's Report

Opinion

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

In our opinion the financial statements:

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

Basis for Opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the group and parent 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 group and parent company's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue.

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

Other Information

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

We have nothing to report in this regard.

Opinions on Other Matters Prescribed by the Companies Act 2006

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

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

Matters on Which We Are Required to Report by Exception

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

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

adequate accounting records have not been kept 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 or returns; or
certain disclosures of director's remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit.

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Independent Auditor's Report (continued)

to the Members of

Temple Group Management Limited

Responsibilities of Directors

As explained more fully in the Director's Responsibilities Statement set out on page 3, the director is responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the director determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the director is responsible for assessing the group and 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.

Auditor's Responsibilities for the Audit of the Financial Statements

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

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

Based on our understanding of the company and industry, we identified that the principal risks of non-compliance with laws and regulations related to UK pensions legislation and UK tax legislation, as well as UK Health & Safety legislation and we considered the extent to which non-compliance might have a material effect on the financial statements. We also considered those laws and regulations that have a direct impact on the preparation of the financial statements such as the Companies Act 2006. We evaluated management's incentives and opportunities for fraudulent manipulation of the financial statements (including the risk of override of controls) and determined that the principal risks were related to revenue recognition where there may be incentive for manipulation of profits. Audit procedures performed by the engagement team included:

- Discussions with management, including consideration of known or suspected instances of non-compliance with laws and regulation and fraud;

- Challenging assumptions and judgements made by management in their significant accounting estimates; and

- Identifying and testing journal entries, in particular any journal entries posted with unusual account combinations including journal entries which inflated the Company's results for the period with unusual offset entries and journal entries impacting revenue recognition.

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 or 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 www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use Of Our Report

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

Annette Watson PhD BSc FCA (Senior Statutory Auditor)

for and on behalf of Parkers Chartered Accountants and Statutory Auditors , Statutory Auditor

17/12/2025

Parkers Chartered Accountants and Statutory Auditors

Cornelius House

178-180 Church Road

Hove

East Sussex

BN3 2DJ

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Temple Group Management Limited

Consolidated Profit and Loss Account

For The Year Ended 31 March 2025

Consolidated Profit and Loss Account

		2025	2024 as restated
	Notes	£	£
TURNOVER		10,273,450	10,013,575
Cost of sales		(7,254,697 )	(7,592,916 )

GROSS PROFIT		3,018,753	2,420,659

Administrative expenses		(3,111,956 )	(3,877,808 )

OPERATING LOSS	2	(93,203 )	(1,457,149 )
Profit on disposal of fixed assets		3,850	534
Other interest receivable and similar income	7	815	-
Interest payable and similar charges	8	(104,556 )	(124,687 )

LOSS BEFORE TAXATION		(193,094 )	(1,581,302 )
Tax on Loss	9	(17,851 )	144,910

LOSS AFTER TAXATION BEING LOSS FOR THE FINANCIAL YEAR ATTRIBUTABLE TO THE OWNERS OF THE PARENT		(210,945 )	(1,436,392 )

The notes on pages 13 to 23 form part of these financial statements.

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Temple Group Management Limited

Consolidated Statement of Comprehensive Income

For The Year Ended 31 March 2025

Consolidated Statement of Comprehensive Income

	2025	2024 as restated
	£	£
Loss for the financial year	(210,945 )	(1,436,392 )

Other comprehensive income for the year	-	-
Prior year adjustment	(115,899)	-

Total comprehensive income for the year attributable to the owners of the parent	(326,844 )	(1,436,392 )

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Temple Group Management Limited

Consolidated Balance Sheet

As At 31 March 2025

Consolidated Balance Sheet

Registered number: 03918281

		2025		2024 as restated
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	11		110,827		156,717
Tangible Assets	12		162,573		127,894
Investments	13		1		-

			273,401		284,611
CURRENT ASSETS
Debtors	14	2,779,600		2,752,240
Cash at bank and in hand		83,585		288,974

		2,863,185		3,041,214
Creditors: Amounts Falling Due Within One Year	15	(2,583,656 )		(2,182,325 )

NET CURRENT ASSETS (LIABILITIES)			279,529		858,889

TOTAL ASSETS LESS CURRENT LIABILITIES			552,930		1,143,500

Creditors: Amounts Falling Due After More Than One Year	16		(166,667 )		(577,776 )

PROVISIONS FOR LIABILITIES
Deferred Taxation	19		(33,069 )		(18,494 )

NET ASSETS			353,194		547,230

CAPITAL AND RESERVES
Called up share capital	21		5,850		5,850
Share premium account			16,909		-
Capital redemption reserve			7,725		7,725
Profit and Loss Account			322,710		533,655

SHAREHOLDERS' FUNDS			353,194		547,230

On behalf of the board

Mr Richard Southwood

Director

16/12/2025

The notes on pages 13 to 23 form part of these financial statements.

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Temple Group Management Limited

Company Balance Sheet

As At 31 March 2025

Company Balance Sheet

Registered number: 03918281

		2025		2024 as restated
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	12		19,144		29,062
Investments	13		1,274,050		1,274,049

			1,293,194		1,303,111
CURRENT ASSETS
Debtors	14	130,228		16,006
Cash at bank and in hand		42,435		4,184

		172,663		20,190
Creditors: Amounts Falling Due Within One Year	15	(550,788 )		(574,798 )

NET CURRENT ASSETS (LIABILITIES)			(378,125 )		(554,608 )

TOTAL ASSETS LESS CURRENT LIABILITIES			915,069		748,503

Creditors: Amounts Falling Due After More Than One Year	16		(166,667 )		(566,667 )

PROVISIONS FOR LIABILITIES
Deferred Taxation	19		(2,893 )		(5,522 )

NET ASSETS			745,509		176,314

CAPITAL AND RESERVES
Called up share capital	21		5,850		5,850
Share premium account			16,909		-
Profit and Loss Account			722,750		170,464

SHAREHOLDERS' FUNDS			745,509		176,314

In accordance with section 408(3) of the Companies Act 2006, the company has not presented its own profit and loss account and the related notes. The company's profit for the year was £ 552,286 (2024: £ 82,652 profit).

On behalf of the board

Mr Richard Southwood

Director

16/12/2025

The notes on pages 13 to 23 form part of these financial statements.

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Temple Group Management Limited

Consolidated Statement of Changes in Equity

For The Year Ended 31 March 2025

Consolidated Statement of Changes in Equity

	Share Capital	Share Premium	Capital Redemption	Profit and Loss Account	Total
	£	£	£	£	£
As at 1 April 2023	5,850	-	7,725	2,018,047	2,031,622
Loss for the year and total comprehensive income	-	-	-	(1,436,392 )	(1,436,392)

Dividends paid	-	-	-	(48,000)	(48,000)

As at 31 March 2024	5,850	-	7,725	533,655	547,230


As at 1 April 2024 as previously stated	5,850	-	7,725	649,554	663,129
Prior year adjustment	-	-	-	(115,899 )	(115,899 )

As at 1 April 2024 as restated	5,850	-	7,725	533,655	547,230
533,655

Loss for the year and total comprehensive income	-	-	-	(210,945 )	(210,945)

Arising on shares issued during the period	-	16,909	-	-	16,909

As at 31 March 2025	5,850	16,909	7,725	322,710	353,194

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Temple Group Management Limited

Company Statement of Changes in Equity

For The Year Ended 31 March 2025

Company Statement of Changes in Equity

	Share Capital	Share Premium	Profit and Loss Account	Total
	£	£	£	£
As at 1 April 2023	5,850	-	135,812	141,662
Profit for the year and total comprehensive income	-	-	82,652	82,652

Dividends paid	-	-	(48,000)	(48,000)

As at 31 March 2024	5,850	-	170,464	176,314


As at 1 April 2024 as previously stated	5,850	-	200,157	206,007
Prior year adjustment	-	-	(29,693 )	(29,693 )

As at 1 April 2024 as restated	5,850	-	170,464	176,314
170,464

Profit for the year and total comprehensive income	-	-	552,286	552,286

Arising on shares issued during the period	-	16,909	-	16,909

As at 31 March 2025	5,850	16,909	722,750	745,509

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Temple Group Management Limited

Consolidated Statement of Cash Flows

For The Year Ended 31 March 2025

Consolidated Statement of Cash Flows

		2025	2024 as restated
	Notes	£	£
Cash flows from operating activities
Net cash generated from operations	1	352,178	714,993
Interest paid		(104,556 )	(124,687 )
Tax paid		(32,619 )	-

Net cash generated from operating activities		215,003	590,306

Cash flows from investing activities
Purchase of tangible assets		(152,203 )	(27,227 )
Proceeds from disposal of tangible assets		22,343	534
Purchase of investment in subsidiary undertaking		(2 )	-
Proceeds from disposal of investment in subsidiary undertaking		1	-
Interest received		815	-

Net cash used in investing activities		(129,046 )	(26,693 )

Cash flows from financing activities
Proceeds from issue of share capital		16,909	-
Equity dividends paid		-	(48,000 )
Repayment of bank borrowings		(400,000 )	(400,000 )
Proceeds from new other loans		-	30,764
Repayment of finance leases		(10,255 )	(9,400 )
Amount introduced by directors		102,000	-

Net cash used in financing activities		(291,346 )	(426,636 )



(Decrease)/increase in cash and cash equivalents		(205,389 )	136,977
Cash and cash equivalents at beginning of year	2	288,974	151,997

Cash and cash equivalents at end of year	2	83,585	288,974

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Temple Group Management Limited

Notes to the Consolidated Statement of Cash Flows

For The Year Ended 31 March 2025

Notes to the Consolidated Statement of Cash Flows

1. Reconciliation of loss for the financial year to cash generated from operations

	2025	2024 as restated
	£	£
Loss for the financial year	(210,945 )	(1,436,392 )
Adjustments for:
Tax on loss	17,851	(144,910 )
Interest expense	104,556	124,687
Interest income	(815 )	-
Amortisation of intangible assets	45,890	45,890
Depreciation of tangible assets	99,031	126,207
Profit on disposal of tangible assets	(3,850)	(534)
Movements in working capital:
(Increase)/decrease in trade and other debtors	(27,710 )	2,568,528
Increase/(decrease) in trade and other creditors	328,170	(568,483 )

Net cash generated from operations	352,178	714,993

2. Cash and cash equivalents

Cash and cash equivalents, as stated in the Statement of Cash Flows, relates to the following items in the Balance Sheet:

	2025	2024 as restated
	£	£
Cash at bank and in hand	83,585	288,974

3. Analysis of changes in net debt

	As at 1 April 2024	Cash flows	As at 31 March 2025
	£	£	£
Cash at bank and in hand	288,974	(205,389)	83,585
Finance leases	(21,364)	10,255	(11,109)
Debts falling due within one year	(400,000 )	-	(400,000 )
Debts falling due after more than one year	(566,667)	400,000	(166,667)

	(699,057)	204,866	(494,191)

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Temple Group Management Limited

Notes to the Financial Statements

For The Year Ended 31 March 2025

Notes to the Financial Statements

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

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

1.2. Basis Of Consolidation

The group consolidated financial statements include the financial statements of the company and all of its subsidiary undertakings together with the group’s share of the results of associates made up to 31 March 2025.

A subsidiary is an entity controlled by the group. Control is the power to govern the financial and operating policies of an entity so as to obtain benefits from its activities. Where the group owns less than 50% of the voting powers of an entity but controls the entity by virtue of an agreement with other investors which give it control of the financial and operating policies of the entity, it accounts for that entity as a subsidiary.

Where a subsidiary has different accounting policies to the group, adjustments are made to those subsidiary financial statements to apply the group’s accounting policies when preparing the consolidated financial statements.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the group holds a long-term interest and where the group has significant influence. The group considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate. The results of associates are accounted for using the equity method of accounting.

Any subsidiary undertakings or associates sold or acquired during the year are included up to, or from, the dates of change of control or change of significant influence respectively.

Where control of a subsidiary is lost, the gain or loss is recognised in the consolidated income statement. The cumulative amounts of any exchange differences on translation, recognised in equity, are not included in the gain or loss on disposal and are transferred to retained earnings. The gain or loss also includes amounts included in other comprehensive income that are required to be reclassified to profit or loss but excludes those amounts that are not required to be reclassified.

Where control of a subsidiary is achieved in stages, the initial acquisition that gave the group control is accounted for as a business combination. Thereafter where the group increases its controlling interest in the subsidiary the transaction is treated as a transaction between equity holders. Any difference between the fair value of the consideration paid and the carrying amount of the non-controlling interest acquired is recognised directly in equity. No changes are made to the carrying value of assets, liabilities or provisions for contingent liabilities.

1.3. Financial Reporting Standard 102 - Reduced Disclosure Exemptions

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

Not to disclose related party transactions with wholly owned subsidiaries within the group.

1.4. Significant judgements and estimations

No significant judgements have had to be made by the directors in preparing these financial statements.

1.5. Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Where the services are supplied under long-term contracts, turnover represents the value of work done in the year, including amounts not invoiced and is recognised by reference to stage of completion.

1.6. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill arising on the acquisition of subsidiaries is included in Intangible Assets.

Goodwill is amortised over its expected useful life.

Goodwill is assessed for impairment when there are indicators of impairment and any impairment is charged to the profit and loss account. No reversals of impairment are recognised.

1.7. Intangible Fixed Assets and Amortisation - Other Intangible

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

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Temple Group Management Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

1.8. Tangible Fixed Assets and Depreciation

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

Plant & Machinery	3-5 years straight line
Motor Vehicles	5 years straight line
Fixtures & Fittings	5 years straight line
Computer Equipment	3 years straight line

1.9. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

1.10. Leasing and Hire Purchase Contracts

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

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

1.11. Financial Instruments

The company only enters into basic financial instrument transactions that result in the recognition offinancial assets and liabilities like trade and other accounts receivable and payable, loans from banks andother third parties, loans to and from related parties and investments in non-puttable ordinary shares.

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

1.12. Taxation

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

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

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

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

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

1.13. Pensions

The group operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

1.14. Impairment of non-financial assets

At each reporting date non-financial assets not carried at fair value, like goodwill and plant, property and equipment, are reviewed to determine whether there is an indication that any asset may be impaired. If there is an indication of possible impairment, the recoverable amount of any asset or group of related assets, which is the higher of value in use and the fair value less cost to sell, is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in profit or loss.

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Temple Group Management Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2. Operating Loss

The operating loss is stated after charging:

	2025	2024 as restated
	£	£
Bad debts	(21,026)	26,208
Depreciation of tangible fixed assets	99,031	126,207
Amortisation of intangible fixed assets	45,890	45,890

3. Auditor's Remuneration

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

	2025	2024 as restated
	£	£
Audit Services
Audit of the company's financial statements	11,092	10,233

4. Staff Costs

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

	Group		Company
	2025	2024 as restated	2025	2024 as restated
	£	£	£	£
Wages and salaries	6,376,084	6,886,433	57,253	36,276
Social security costs	666,390	683,219	2,473	2,540
Other pension costs	310,580	444,242	13,560	133,560

	7,353,054	8,013,894	73,286	172,376

5. Average Number of Employees

Group

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

	2025	2024
Support	26	29
Technical	109	125

	135	154

Company

Average number of employees, including directors, during the year was: 2 (2024: 2)

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Temple Group Management Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Director's remuneration

	2025	2024 as restated
	£	£
Emoluments	134,840	134,803
Company contributions to money purchase pension schemes	73,560	193,560

	208,400	328,363

The number of directors to whom retirement benefits were accruing was as follows:

	2025		2024 as restated
Money purchase pension schemes	1		1

Information regarding the highest paid director was as follows:

	2025	2024 as restated
	£	£
Emoluments	138,040	98,527
Company contributions to money purchase pension schemes	21,200	60,000

	159,240	158,527

7. Interest Receivable and Similar Income

	2025	2024 as restated
	£	£
Bank interest receivable	815	-

	815	-

8. Interest Payable

	2025	2024 as restated
	£	£
Bank loans and overdrafts	63,724	93,112
Interest payable on other loans	40,832	31,575

	104,556	124,687

9. Tax on Profit

	Tax Rate		2025	2024 as restated
	2025	2024	£	£
UK Corporation Tax	25.0%	25.0%	-	(126,847 )
Prior period adjustment			3,276	-

Total Current Tax Charge			3,276	(126,847 )
Deferred taxation RT			14,575	(18,063 )

Total tax charge for the period			17,851	(144,910 )

...CONTINUED

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Temple Group Management Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

	2025	2024
	£	£
Profit before tax	(193,094)	(1,581,302)

Breakdown of tax charge is:
Tax on profit at 25% (UK standard rate)	(44,476 )	(373,774 )
Goodwill/depreciation not allowed for tax	35,268	42,891
Expenses not deductible for tax purposes	2,418	3,238
Capital allowances	(39,133 )	(8,308 )
Short term timing differences	14,575	(18,063 )
Prior period adjustment	3,276	-
Difference in tax rates	-	10,364
Tax losses unutilised carried forward	45,923	169,049

Total tax charge for the period	17,851	(174,603)

10. Prior Period Adjustment

During the year, the Temple Group Limited reviewed its accounting treatment for holiday pay and identified that holiday pay earned by employees but not taken at the year end had not previously been accrued.

A prior year adjustment has been made to recognise the accrued holiday pay at the previous balance sheet date. The adjustment resulted in:

an increase in accruals and other creditors, and

a corresponding decrease in retained earnings as at the beginning of the comparative period.

During the year, Temple Group Management Limited identified that a corporation tax liability relating to the year ended 31 March 2023, which remained outstanding at 31 March 2024, had been incorrectly recognised as deferred tax. This resulted in a deferred tax credit being recognised in the profit and loss account for the year ended 31 March 2024.

A prior year adjustment has been made to correctly present this as at the previous balance sheet date. The adjustment resulted in:

an increase in creditors, and
a corresponding decrease in retained earnings.

The comparative figures have been adjusted accordingly.

11. Intangible Assets

Group

	Goodwill
	£
Cost
As at 1 April 2024	755,806

As at 31 March 2025	755,806

Amortisation
As at 1 April 2024	599,089
Provided during the period	45,890

As at 31 March 2025	644,979

Net Book Value
As at 31 March 2025	110,827

As at 1 April 2024	156,717

Company

The company had no intangible fixed assets as at 31 March 2025 or 31 March 2024.

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Temple Group Management Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

12. Tangible Assets

Group

	Other Fixed Asset Investments	Plant & Machinery	Motor Vehicles	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 April 2024	7,573	48,277	6,337	8,223
Additions	-	77,643	-	227
Disposals	-	(22,682 )	-	(6,796 )

As at 31 March 2025	7,573	103,238	6,337	1,654

Depreciation
As at 1 April 2024	-	38,905	(15,152 )	6,399
Provided during the period	-	18,639	9,918	736
Disposals	-	(8,665 )	-	(6,796 )

As at 31 March 2025	-	48,879	(5,234 )	339

Net Book Value
As at 31 March 2025	7,573	54,359	11,571	1,315

As at 1 April 2024	7,573	9,372	21,489	1,824

	Computer Equipment	Total
	£	£
Cost
As at 1 April 2024	614,802	685,212
Additions	74,333	152,203
Disposals	(158,718 )	(188,196 )

As at 31 March 2025	530,417	649,219

Depreciation
As at 1 April 2024	527,166	557,318
Provided during the period	69,738	99,031
Disposals	(154,242 )	(169,703 )

As at 31 March 2025	442,662	486,646

Net Book Value
As at 31 March 2025	87,755	162,573

As at 1 April 2024	87,636	127,894

Company

	Other Fixed Asset Investments	Motor Vehicles	Total
	£	£	£
Cost
As at 1 April 2024	7,573	49,590	57,163

As at 31 March 2025	7,573	49,590	57,163

...CONTINUED

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Temple Group Management Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Depreciation
As at 1 April 2024	-	28,101	28,101
Provided during the period	-	9,918	9,918

As at 31 March 2025	-	38,019	38,019

Net Book Value
As at 31 March 2025	7,573	11,571	19,144

As at 1 April 2024	7,573	21,489	29,062

13. Investments

Group

	Subsidiaries
	£
Cost
As at 1 April 2024	-
Additions	2
Disposals	(1 )

As at 31 March 2025	1

Provision
As at 1 April 2024	-

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	1

As at 1 April 2024	-

Company

	Subsidiaries
	£
Cost
As at 1 April 2024	1,274,049
Additions	1

As at 31 March 2025	1,274,050

Provision
As at 1 April 2024	-

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	1,274,050

As at 1 April 2024	1,274,049

Subsidiaries

Details of the group's subsidiaries as at 31 March 2025 are as follows:

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Temple Group Management Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Name of undertaking	Registered Office	Class of shares held	Direct holding	Indirect holding
Arbeco Limited	Suite C2 Horsted Keynes Business Park, Cinder Hill Lane, Horsted Keynes, RH17 7BA.	Ordinary	100.00%	-
Ecology Consultancy Limited	Suite C2 Horsted Keynes Business Park, Cinder Hill Lane, Horsted Keynes, RH17 7BA.	Ordinary	100.00%	-
Temple Group Limited	240 Blackfriars Road, London, SE1 8NW.	Ordinary	100.00%	-
Linckia Limited	Suite C2 Horsted Keynes Business Park, Cinder Hill Lane, Horsted Keynes, RH17 7BA.	Ordinary	100.00%	-

The aggregate capital and reserves and the result for the year of the subsidiaries listed above was as follows:

	Capital and Reserves	Profit/(loss)
	£	£
Arbeco Limited	100	-
Ecology Consultancy Limited	105,927	(624 )
Temple Group Limited	674,214	(353,718 )
Linckia Limited	1	-

Under section 479C of the Companies Act 2006, Temple Group Management Limited , registration number 03918281 , being the parent undertaking has guaranteed the liabilities of the following subsidiaries in order that they qualify for the exemption from audit under section 479A of the Companies Act 2006 in respect of the year ended 31 March 2025:

Name of undertaking	Registered Number
Ecology Consultancy Limited	03861110

14. Debtors

	Group		Company
	2025	2024 as restated	2025	2024 as restated
	£	£	£	£
Due within one year
Trade debtors	1,677,403	1,168,222	-	-
Prepayments and accrued income	1,045,132	1,441,350	5,227	6,006
Other debtors	57,065	142,318	1	-
Corporation tax recoverable assets	-	350	-	-
Amounts owed by subsidiaries	-	-	125,000	10,000

	2,779,600	2,752,240	130,228	16,006

15. Creditors: Amounts Falling Due Within One Year

	Group		Company
	2025	2024 as restated	2025	2024 as restated
	£	£	£	£
Net obligations under finance lease and hire purchase contracts	11,109	10,255	-	-
Trade creditors	415,514	315,990	-	-
Bank loans and overdrafts	400,000	400,000	400,000	400,000
Corporation tax	-	29,693	-	29,693
Other taxes and social security	67,810	66,057	928	599
VAT	334,257	342,701	16,955	19,659
Other creditors	701,385	76,672	260	260

...CONTINUED

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Temple Group Management Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Accruals and deferred income	551,580	940,957	30,544	14,487
Director's loan account	102,000	-	102,000	-
Amounts owed to subsidiaries	1	-	101	110,100

	2,583,656	2,182,325	550,788	574,798

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

	Group		Company
	2025	2024 as restated	2025	2024 as restated
	£	£	£	£
Net obligations under finance lease and hire purchase contracts	-	11,109	-	-
Bank loans	166,667	566,667	166,667	566,667

	166,667	577,776	166,667	566,667

17. Loans

An analysis of the maturity of loans is given below:

	Group		Company
	2025	2024 as restated	2025	2024 as restated
	£	£	£	£
Amounts falling due within one year or on demand:
Bank loans	400,000	400,000	400,000	400,000

	400,000	400,000	400,000	400,000

	Group		Company
	2025	2024 as restated	2025	2024 as restated
	£	£	£	£
Amounts falling due between one and five years:
Bank loans	166,667	566,667	166,667	566,667

	166,667	566,667	166,667	566,667

18. Obligations Under Finance Leases and Hire Purchase

	Group
	2025	2024 as restated
	£	£
The maturity of these amounts is as follows:
Within one year	12,956	11,960
Between one and five years	-	12,956

	12,956	24,916
Less: Finance charges allocated to future periods	1,847	3,552

	11,109	21,364

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Temple Group Management Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

19. Deferred Taxation

The provision for deferred tax is made up as follows:

	Group		Company
	2025	2024 as restated	2025	2024 as restated
	£	£	£	£
Deferred Tax	33,069	18,494	2,893	5,522

20. Provisions for Liabilities

	Deferred Tax
	£
As at 1 April 2024	18,494
Additions	14,575

Balance at 31 March 2025	33,069

21. Share Capital

	2025	2024 as restated
Allotted, called up and fully paid	£	£
100 Ordinary Shares of £ 1.000 each	100	100
4,750 Ordinary A shares of £ 1.000 each	4,750	4,750
1,000 Ordinary B shares of £ 1.000 each	1,000	1,000

	5,850	5,850

22. Pension Commitments

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

During the year the charge to profit or loss in respect of defined contribution schemes was £310,580 (2024: £444,242).

23. Dividends

	2025	2024 as restated
	£	£
On equity shares:
Interim dividend paid	-	48,000

	-	48,000

24. Post Balance Sheet Events

25. Controlling Parties

The company's ultimate controlling party is R M L Southwood by virtue of his interest in the share capital of the company.

26. General Information

Temple Group Management Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03918281 . The registered office is Suite C2 Horsted Keynes Business Park, Cinder Hill, Horsted Keynes, West Sussex, RH17 7BA.

Page 23