REGISTERED NUMBER: 10231969 (England and Wales)

GROUP STRATEGIC REPORT,

REPORT OF THE DIRECTORS AND

CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

ROBERTS GROUP LIMITED

Page

Company Information

1

Group Strategic Report

2

Report of the Directors

3

Report of the Independent Auditors

5

Consolidated Income Statement

8

Consolidated Other Comprehensive Income

9

Consolidated Balance Sheet

10

Company Balance Sheet

11

Consolidated Statement of Changes in Equity

12

Company Statement of Changes in Equity

13

Consolidated Cash Flow Statement

14

Notes to the Consolidated Cash Flow Statement

15

Notes to the Consolidated Financial Statements

16

DIRECTORS:

N S Roberts

D A Roberts

P D Roberts

M A Thomas

REGISTERED OFFICE:

Furness House

Castle Park Industrial Estate

Flint

Flintshire

CH6 5XA

REGISTERED NUMBER:

10231969 (England and Wales)

AUDITORS:

Walker Begley UK Limited

207 Knutsford Road

Grappenhall

Warrington

Cheshire

WA4 2QL

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

REVIEW OF BUSINESS

Roberts Group, as the parent company, oversees the operations of its trading subsidiaries, which include both manufacturing and distribution businesses. The group has also commenced expansion into international markets, with operations being established in the US and Ireland. This integrated structure enables Roberts Group to maintain operational control across the value chain, supporting consistent product quality, reliability of supply, and efficient service delivery across all markets.

During the period under review, the group delivered an increase in consolidated turnover, reflecting continued demand for its products and services. Profit margins have remained consistent, demonstrating effective cost management and operational efficiency. Profit before tax has fallen, which primarily reflects the group’s strategic investment in people, aimed at supporting long-term growth, enhancing workforce skills, and strengthening operational resilience.

A key focus for the group during the period has been this investment in people, considered essential to sustaining performance across its subsidiaries, supporting international expansion, and maintaining the group’s reputation as a reliable and high-quality supplier in its markets.

PRINCIPAL RISKS AND UNCERTAINTIES

Roberts Group operates in the manufacture and distribution of specialist roofing systems and faces a range of risks that could affect its performance. Changes in construction activity or customer demand may impact turnover, while disruptions or cost increases in raw materials could affect production and margins.

The business is exposed to margin pressure arising from increases in labour, raw material, and energy costs. Although margins have remained consistent to date, continued inflationary pressures could adversely affect profitability. As a manufacturing business and preferred supplier, the company is also subject to operational and supply chain risks, including potential disruption to the availability of materials or production capacity, which could affect service levels and reputation.

In addition, the company operates in a competitive and regulated industry environment. Changes in market conditions, customer requirements, or regulatory standards could impact demand or increase compliance costs. Management continues to monitor these risks closely and seeks to mitigate their impact through operational efficiency, workforce development, and close alignment with group strategy.

Given the straightforward nature of the business, the directors consider that analysis using key performance indicators is not necessary to provide an understanding of the development, performance, or financial position of the company.

ON BEHALF OF THE BOARD:

P D Roberts - Director

23 December 2025

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

PRINCIPAL ACTIVITY

The principal activity of the group in the year under review was that of the UK manufacture and supply of advanced roofing systems.

DIVIDENDS

The total distribution of dividends for the year ended 31 March 2025 will be £ 568,006 .

RESEARCH AND DEVELOPMENT

The group is committed to innovation with a team of chemists, designers and engineers dedicated to the development of new products. The team is up to date with the latest technologies, materials and industry trends, constantly pushing boundaries in their research and development efforts.

FUTURE DEVELOPMENTS

The group will continue to strive to be the industry-leading manufacturer of liquid solutions, which in turn will ensure that our position as the preferred supplier within the industry, will be maintained.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 April 2024 to the date of this report.

N S Roberts

D A Roberts

P D Roberts

Other changes in directors holding office are as follows:

J S Westaway - resigned 27 September 2024

M A Thomas was appointed as a director after 31 March 2025 but prior to the date of this report.

S Henshaw and G E Roberts ceased to be directors after 31 March 2025 but prior to the date of this report.

EMPLOYEES

The company is an equal opportunities employer and no discrimination is made regardless of age, gender, colour, creed, disability or sexual orientation. Any disabled employee is provided with individual appraisal and review and from this a development plan and pathway is created. The company provides support via equipment or materials as required to enable each employee to have equality with their colleagues.

All employees have regular meetings with their managers in accordance with legislative requirements

DISCLOSURE IN THE STRATEGIC REPORT

The group has included the business review and details of risks and uncertainties, within the strategic report.

STATEMENT OF DIRECTORS' RESPONSIBILITIES

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

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

-	select suitable accounting policies and then apply them consistently;

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

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

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

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

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

AUDITORS

The auditors, Walker Begley UK Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

P D Roberts - Director

23 December 2025

Opinion

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

In our opinion the financial statements:

-	give a true and fair view of the state of the group's and of the parent company affairs as at 31 March 2025 and of the group's profit for the year then ended;

-	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

-	have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

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

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

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

Other information

The directors are responsible for the other information. The other information comprises the information in the Group Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

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

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

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

Matters on which we are required to report by exception

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

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

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

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

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

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

Responsibilities of directors

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

In preparing the financial statements, the directors are responsible for assessing the group's and the parent company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the group or the parent company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

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

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

In identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, we considered the following:

- the nature of the industry and sector, control environment and business performance;

- the results of our enquiries of management, covering their identification and assessment of the risk of irregularities;

- any matters we identified, having reviewed documentation available;

- relevant laws and regulations, including enquiring of any non-compliance or matters alerting us to non-compliance;

- matters discussed among the audit team regarding how and where fraud might occur in the financial statements and any indicators of fraud.

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.

Kevin Walker BSc FCA (Senior Statutory Auditor)

for and on behalf of Walker Begley UK Limited

207 Knutsford Road

Grappenhall

Warrington

Cheshire

WA4 2QL

23 December 2025

TURNOVER

29,310,721

25,403,743

Cost of sales

15,888,456

13,704,666

GROSS PROFIT

13,422,265

11,699,077

Administrative expenses

10,904,262

8,337,969

2,518,003

3,361,108

Other operating income

31,490

8,174

OPERATING PROFIT

4

2,549,493

3,369,282

Interest receivable and similar income

205,194

126,853

2,754,687

3,496,135

Interest payable and similar expenses

5

14,795

18,533

PROFIT BEFORE TAXATION

2,739,892

3,477,602

Tax on profit

6

746,077

897,110

PROFIT FOR THE FINANCIAL YEAR

1,993,815

2,580,492

Profit attributable to:

Owners of the parent

1,993,815

2,580,492

PROFIT FOR THE YEAR

1,993,815

2,580,492

OTHER COMPREHENSIVE INCOME

Income tax relating to other comprehensive income

-

-

OTHER COMPREHENSIVE INCOME FOR THE YEAR, NET OF INCOME TAX

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

1,993,815

2,580,492

Total comprehensive income attributable to:

Owners of the parent

1,993,815

2,580,492

FIXED ASSETS

Tangible assets

9

1,290,072

1,368,371

Investments

10

5,000

5,000

1,295,072

1,373,371

CURRENT ASSETS

Stocks

11

2,307,467

2,810,973

Debtors

12

5,348,866

4,669,266

Cash at bank and in hand

5,918,537

4,246,466

13,574,870

11,726,705

CREDITORS

Amounts falling due within one year

13

4,983,892

4,569,739

NET CURRENT ASSETS

8,590,978

7,156,966

TOTAL ASSETS LESS CURRENT LIABILITIES

9,886,050

8,530,337

CREDITORS

Amounts falling due after more than one year

14

(6,642

)

(70,768

)

PROVISIONS FOR LIABILITIES

18

(234,464

)

(240,494

)

NET ASSETS

9,644,944

8,219,075

CAPITAL AND RESERVES

Called up share capital

19

9,787

9,727

Capital redemption reserve

20

10,693

10,693

Retained earnings

20

9,624,464

8,198,655

SHAREHOLDERS' FUNDS

9,644,944

8,219,075

The financial statements were approved by the Board of Directors and authorised for issue on 23 December 2025 and were signed on its behalf by:

P D Roberts - Director

FIXED ASSETS

Tangible assets

9

1,208,622

1,243,315

Investments

10

16,285

16,200

1,224,907

1,259,515

CURRENT ASSETS

Debtors

12

1,848,482

1,271,131

Cash at bank

1,491,240

1,164,712

3,339,722

2,435,843

CREDITORS

Amounts falling due within one year

13

595,623

589,464

NET CURRENT ASSETS

2,744,099

1,846,379

TOTAL ASSETS LESS CURRENT LIABILITIES

3,969,006

3,105,894

CREDITORS

Amounts falling due after more than one year

14

-

(20,239

)

PROVISIONS FOR LIABILITIES

18

(235,228

)

(232,420

)

NET ASSETS

3,733,778

2,853,235

CAPITAL AND RESERVES

Called up share capital

19

9,787

9,727

Capital redemption reserve

20

794

794

Retained earnings

20

3,723,197

2,842,714

SHAREHOLDERS' FUNDS

3,733,778

2,853,235

Company's profit for the financial year

1,448,489

1,406,810

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

The financial statements were approved by the Board of Directors and authorised for issue on 23 December 2025 and were signed on its behalf by:

P D Roberts - Director

Called up

Capital

share

Retained

redemption

Total

capital

earnings

reserve

equity

£

£

£

£

Balance at 1 April 2023

9,747

6,084,164

10,693

6,104,604

Changes in equity

Issue of share capital

(20

)

-

-

(20

)

Dividends

-

(466,001

)

-

(466,001

)

Total comprehensive income

-

2,580,492

-

2,580,492

Balance at 31 March 2024

9,727

8,198,655

10,693

8,219,075

Changes in equity

Issue of share capital

60

-

-

60

Dividends

-

(568,006

)

-

(568,006

)

Total comprehensive income

-

1,993,815

-

1,993,815

Balance at 31 March 2025

9,787

9,624,464

10,693

9,644,944

Called up

Capital

share

Retained

redemption

Total

capital

earnings

reserve

equity

£

£

£

£

Balance at 1 April 2023

9,647

1,901,905

794

1,912,346

Changes in equity

Issue of share capital

80

-

-

80

Dividends

-

(466,001

)

-

(466,001

)

Total comprehensive income

-

1,406,810

-

1,406,810

Balance at 31 March 2024

9,727

2,842,714

794

2,853,235

Changes in equity

Issue of share capital

60

-

-

60

Dividends

-

(568,006

)

-

(568,006

)

Total comprehensive income

-

1,448,489

-

1,448,489

Balance at 31 March 2025

9,787

3,723,197

794

3,733,778

Cash flows from operating activities

Cash generated from operations

1

3,519,051

3,662,163

Interest paid

(11,141

)

(13,209

)

Interest element of hire purchase payments paid

(3,654

)

(5,324

)

Other income

-

(8,172

)

Tax paid

(1,018,402

)

(187,193

)

Net cash from operating activities

2,485,854

3,448,265

Cash flows from investing activities

Purchase of tangible fixed assets

(332,097

)

(854,266

)

Sale of tangible fixed assets

8,750

2,667

Interest received

205,194

126,853

Net cash from investing activities

(118,153

)

(724,746

)

Cash flows from financing activities

Loan repayments in year

(66,938

)

(75,590

)

Capital repayments in year

(50,275

)

(59,169

)

Amount withdrawn by directors

(10,471

)

(78,211

)

Share issue

60

80

Equity dividends paid

(568,006

)

(466,001

)

Net cash from financing activities

(695,630

)

(678,891

)

Increase in cash and cash equivalents

1,672,071

2,044,628

Cash and cash equivalents at beginning of year

2

4,246,466

2,201,838

Cash and cash equivalents at end of year

2

5,918,537

4,246,466

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

31/3/25

31/3/24

£

£

Profit before taxation

2,739,892

3,477,602

Depreciation charges

409,594

339,449

Profit on disposal of fixed assets

(7,948

)

(2,667

)

Finance costs

14,795

18,533

Finance income

(205,194

)

(126,853

)

2,951,139

3,706,064

Decrease in stocks

503,506

114,671

Increase in trade and other debtors

(669,129

)

(590,039

)

Increase in trade and other creditors

733,535

431,467

Cash generated from operations

3,519,051

3,662,163

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

5,918,537

4,246,466

Year ended 31 March 2024

31/3/24

1/4/23

£

£

Cash and cash equivalents

4,246,466

2,201,838

3.	ANALYSIS OF CHANGES IN NET FUNDS

At 1/4/24

Cash flow

At 31/3/25

£

£

£

Net cash

Cash at bank and in hand

4,246,466

1,672,071

5,918,537

4,246,466

1,672,071

5,918,537

Debt

Finance leases

(72,047

)

50,275

(21,772

)

Debts falling due within 1 year

(66,512

)

23,051

(43,461

)

Debts falling due after 1 year

(50,529

)

43,887

(6,642

)

(189,088

)

117,213

(71,875

)

Total

4,057,378

1,789,284

5,846,662

1.	STATUTORY INFORMATION

Roberts Group 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 General Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Short leasehold

-

4% on cost

Long leasehold

-

4% on cost

Plant and machinery

-

at variable rates on reducing balance

Motor vehicles

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

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

Current or deferred taxation assets and liabilities are not discounted.

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

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

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