REGISTERED NUMBER: 13267055 (England and Wales)

Group Strategic Report, Report of the Director and

Consolidated Financial Statements

For The Year Ended 31 March 2025

for

Andy Loos Holdings Limited

Page

Company Information

1

Group Strategic Report

2

Report of the Director

3

Report of the Independent Auditors

4

Consolidated Income Statement

7

Consolidated Other Comprehensive Income

8

Consolidated Balance Sheet

9

Company Balance Sheet

10

Consolidated Statement of Changes in Equity

11

Company Statement of Changes in Equity

12

Consolidated Cash Flow Statement

13

Notes to the Consolidated Cash Flow Statement

14

Notes to the Consolidated Financial Statements

15

DIRECTOR:

R J Philpot

REGISTERED OFFICE:

Foley Drive

Foley Business Park

Kidderminster

Worcestershire

DY11 7PS

REGISTERED NUMBER:

13267055 (England and Wales)

AUDITORS:

Kingscott Dix Limited

Chartered Accountants

and Statutory Auditor

Goodridge Court

Goodridge Avenue

Gloucester

Gloucestershire

GL2 5EN

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

REVIEW OF BUSINESS

The groups KPI's Key Performance Indicators are used to detail the financial highlights for the year as follows:-

2025

2024

2023

2022

Turnover movement

+1%

-5%

-6%

n/a

Gross profit movement

-2%

-13%

-11%

n/a

Profit before tax

£235k

£411k

£843k

£1,275k

The group was profitable throughout the year and the director considers the current plans to continue to deliver profitability will consolidate its position in its chosen sector.

PRINCIPAL RISKS AND UNCERTAINTIES

The group's markets are essentially those of the manufacture, sale and hire of bespoke toilets, wash stations and flat pack portable toilets. The main markets are the building industry and major sports and entertainment events.

These markets continue to be subject to rigorous competition from other operators based within the United Kingdom. This can present a number of risks, notably the possible loss of market share and the inability to maintain current profit margins. The other major risk faced with this group is the risk of non paying debtors, but tight controls procedures are in place to limit the risk of bad debts.

The group's aim is to compete in its chosen markets through the provision of quality services to its customers.

ON BEHALF OF THE BOARD:

R J Philpot - Director

23 December 2025

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

DIVIDENDS

Interim dividends per share were paid as follows:

Ordinary £1 shares

NIL

Ordinary A £1 shares

10000

- 31 March 2025

Ordinary B £1 shares

10000

- 31 March 2025

The director recommends that no final dividends be paid.

The total distribution of dividends for the year ended 31 March 2025 will be £ 20,000 .

DIRECTOR

R J Philpot 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 Group 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 the group and of the profit or loss of the group 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 and the group's transactions and disclose with reasonable accuracy at any time the financial position of the company and the group 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 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 director is 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 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 group's auditors are aware of that information.

ON BEHALF OF THE BOARD:

R J Philpot - Director

23 December 2025

Opinion

We have audited the financial statements of Andy Loos Holdings 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 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'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 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 Group 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 Group 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 Group 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 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 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 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 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 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 director either intends to liquidate the group or the parent 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:

In assigning the audit engagement team we ensured that collectively they had the appropriate competence and capabilities to identify non-compliance with laws and regulations, highlight areas of the financial statements particularly susceptible to fraud and conduct appropriate additional enquiries where suspicions or weaknesses became evident.

At the planning stage, we assessed the susceptibility of the entity's financial statements to material misstatement, including how fraud might occur. This involved preliminary planning discussions with management to obtain their assessment of fraud risk, to identify any incidences of fraud during the year and understand the measures and controls they had taken to combat the possibility of fraud.

Our transaction testing and assessment of controls during the audit provided further evidence as to the validity of this initial assessment with regard to material misstatement and fraud.

We identified areas of law and regulations that could reasonably be expected to have a material effect on the financial statements from our general commercial and sector experience, through discussion with the Directors, and inspection of the Group's regulatory and legal correspondence. The team were briefed with regard to laws and regulations and remained alert to any indication of non-compliance throughout the audit.

The group is subject to laws and regulations that directly affect the financial statements including legislation covering financial reporting including related companies, distributable profits and taxation and we assessed the extent of compliance with these laws and regulations as part of our procedures on the related financial statement items. In assessing this compliance, we evaluated the appropriateness of accounting policies used and the reasonableness of accounting estimates in the measurement and presentation of profit within the financial statements.

The group is subject to many other laws and regulations where the consequences of non-compliance could have a material effect on amounts or disclosures in the financial statements, for instance through the imposition of fines or litigation. Laws and regulations which are applicable include but are not limited to; The Health and Safety at Work Act, The Data Protection Act, Business Contract Terms and Regulations, The Sale of Goods Act, The Environmental Protection Act, Road Haulage and disposal of hazardous waste regulations (COSHH). Audit procedures designed to identify non-compliance with these laws and regulations included enquiry of the Directors and other management and inspection of regulatory and legal correspondence. None of the procedures applied identified actual or suspected non-compliance.

Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. Where an irregularity is non-financial or has not reached a stage where its impact is financial, it is less likely to be identified by auditing procedures. In addition, to the extent that an irregularity involves collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls, there remains a high risk of non-detection. We are not responsible for detecting all instances of non-compliance with laws and regulations and cannot be expected to do so.

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.

Peter Morgan (Senior Statutory Auditor)

for and on behalf of Kingscott Dix Limited

Chartered Accountants

and Statutory Auditor

Goodridge Court

Goodridge Avenue

Gloucester

Gloucestershire

GL2 5EN

23 December 2025

TURNOVER

3

6,153,401

6,068,457

Cost of sales

3,718,224

3,590,015

GROSS PROFIT

2,435,177

2,478,442

Administrative expenses

2,137,460

2,004,080

OPERATING PROFIT

5

297,717

474,362

Interest receivable and similar income

34,184

39,032

331,901

513,394

Interest payable and similar expenses

6

96,994

102,515

PROFIT BEFORE TAXATION

234,907

410,879

Tax on profit

7

62,987

85,714

PROFIT FOR THE FINANCIAL YEAR

171,920

325,165

Profit attributable to:

Owners of the parent

171,920

325,165

PROFIT FOR THE YEAR

171,920

325,165

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

171,920

325,165

Total comprehensive income attributable to:

Owners of the parent

171,920

325,165

FIXED ASSETS

Intangible assets

10

9,833

15,103

Tangible assets

11

5,090,583

5,099,177

Investments

12

-

-

5,100,416

5,114,280

CURRENT ASSETS

Stocks

13

372,045

562,860

Debtors

14

703,406

739,668

Cash at bank and in hand

1,970,250

1,794,114

3,045,701

3,096,642

CREDITORS

Amounts falling due within one year

15

1,288,261

1,412,091

NET CURRENT ASSETS

1,757,440

1,684,551

TOTAL ASSETS LESS CURRENT LIABILITIES

6,857,856

6,798,831

CREDITORS

Amounts falling due after more than one year

16

(898,827

)

(1,046,627

)

PROVISIONS FOR LIABILITIES

20

(769,796

)

(714,891

)

NET ASSETS

5,189,233

5,037,313

CAPITAL AND RESERVES

Called up share capital

21

337,424

337,424

Retained earnings

22

4,851,809

4,699,889

SHAREHOLDERS' FUNDS

5,189,233

5,037,313

The financial statements were approved by the director and authorised for issue on 23 December 2025 and were signed by:

R J Philpot - Director

FIXED ASSETS

Intangible assets

10

-

-

Tangible assets

11

1,975,506

1,989,014

Investments

12

337,424

337,424

2,312,930

2,326,438

CURRENT ASSETS

Debtors

14

256

18

Cash at bank

302

3,586

558

3,604

CREDITORS

Amounts falling due within one year

15

1,185,184

1,154,371

NET CURRENT LIABILITIES

(1,184,626

)

(1,150,767

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,128,304

1,175,671

CREDITORS

Amounts falling due after more than one year

16

(655,034

)

(751,609

)

PROVISIONS FOR LIABILITIES

20

(3,875

)

(4,802

)

NET ASSETS

469,395

419,260

CAPITAL AND RESERVES

Called up share capital

21

337,424

337,424

Retained earnings

131,971

81,836

SHAREHOLDERS' FUNDS

469,395

419,260

Company's profit for the financial year

70,135

78,963

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

The financial statements were approved by the director and authorised for issue on 23 December 2025 and were signed by:

R J Philpot - Director

Called up

share

Retained

Total

capital

earnings

equity

£

£

£

Balance at 1 April 2023

337,424

4,414,724

4,752,148

Changes in equity

Dividends

-

(40,000

)

(40,000

)

Total comprehensive income

-

325,165

325,165

Balance at 31 March 2024

337,424

4,699,889

5,037,313

Changes in equity

Dividends

-

(20,000

)

(20,000

)

Total comprehensive income

-

171,920

171,920

Balance at 31 March 2025

337,424

4,851,809

5,189,233

Called up

share

Retained

Total

capital

earnings

equity

£

£

£

Balance at 1 April 2023

337,424

42,873

380,297

Changes in equity

Dividends

-

(40,000

)

(40,000

)

Total comprehensive income

-

78,963

78,963

Balance at 31 March 2024

337,424

81,836

419,260

Changes in equity

Dividends

-

(20,000

)

(20,000

)

Total comprehensive income

-

70,135

70,135

Balance at 31 March 2025

337,424

131,971

469,395

Cash flows from operating activities

Cash generated from operations

1

993,053

1,183,973

Interest paid

(50,503

)

(55,710

)

Interest element of hire purchase payments paid

(46,491

)

(46,805

)

Tax paid

73,255

(4,456

)

Net cash from operating activities

969,314

1,077,002

Cash flows from investing activities

Purchase of tangible fixed assets

(730,329

)

(724,099

)

Sale of tangible fixed assets

95,302

187,286

Interest received

34,184

39,032

Net cash from investing activities

(600,843

)

(497,781

)

Cash flows from financing activities

Loan repayments in year

(90,259

)

(85,113

)

Capital movement in year

(82,076

)

(214,786

)

Amount withdrawn by directors

-

(90,000

)

Equity dividends paid

(20,000

)

(40,000

)

Net cash from financing activities

(192,335

)

(429,899

)

Increase in cash and cash equivalents

176,136

149,322

Cash and cash equivalents at beginning of year

2

1,794,114

1,644,792

Cash and cash equivalents at end of year

2

1,970,250

1,794,114

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

31.3.25

31.3.24

£

£

Profit before taxation

234,907

410,879

Depreciation charges

701,199

724,454

Profit on disposal of fixed assets

(52,308

)

(149,932

)

Finance costs

96,994

102,515

Finance income

(34,184

)

(39,032

)

946,608

1,048,884

Decrease/(increase) in stocks

190,815

(82,043

)

(Increase)/decrease in trade and other debtors

(36,993

)

44,702

(Decrease)/increase in trade and other creditors

(107,377

)

172,430

Cash generated from operations

993,053

1,183,973

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

1,970,250

1,794,114

Year ended 31 March 2024

31.3.24

1.4.23

£

£

Cash and cash equivalents

1,794,114

1,644,792

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

1,794,114

176,136

1,970,250

1,794,114

176,136

1,970,250

Debt

Finance leases

(622,911

)

82,076

(540,835

)

Debts falling due within 1 year

(86,488

)

(6,316

)

(92,804

)

Debts falling due after 1 year

(751,609

)

96,575

(655,034

)

(1,461,008

)

172,335

(1,288,673

)

Total

333,106

348,471

681,577

1.	STATUTORY INFORMATION

Andy Loos Holdings 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 rentals received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of five years.

Intangible assets

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

2% on cost

Short leasehold

-

over the period of the lease

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on cost and 20% on cost

Computer equipment

-

Straight line over 15 years

Stocks

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

Financial instruments

The group has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the group's statement of financial position when the group becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Impairment of financial assets

Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date. Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. The impairment loss is recognised in profit or loss.

Derecognition of financial assets

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire, or when it transfers the financial asset and substantially all the risks and rewards of ownership to another entity.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including trade and other creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if payment is due within one year. If not, they are presented as creditors falling due after more than one year. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when, and only when, the company's obligations are discharged, cancelled, or they expire.

Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3.

TURNOVER

The turnover and profit before taxation are attributable to the one principal activity of the group.

An analysis of turnover by geographical market is given below:

31.3.25

31.3.24

£

£

United Kingdom

6,153,401

6,068,457

6,153,401

6,068,457