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REGISTERED NUMBER: 03509647 (England and Wales)

| STRATEGIC REPORT, REPORT OF THE DIRECTORS AND |

| FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 30 SEPTEMBER 2025 |

| FOR |

| BETHELL PLANT SERVICES LIMITED |

BETHELL PLANT SERVICES LIMITED (REGISTERED NUMBER: 03509647) |

CONTENTS OF THE FINANCIAL STATEMENTS

for the Year Ended 30 September 2025

Page |

| Company Information | 1 |

| Strategic Report | 2 |

| Report of the Directors | 3 |

| Report of the Independent Auditors | 5 |

| Income Statement | 9 |

| Other Comprehensive Income | 10 |

| Balance Sheet | 11 |

| Statement of Changes in Equity | 12 |

| Notes to the Financial Statements | 13 |

| BETHELL PLANT SERVICES LIMITED |

COMPANY INFORMATION

for the Year Ended 30 September 2025

| DIRECTORS: | N Hopkins-Coman

| T A Kilroe

| C M Morley

| SECRETARY: | N Hopkins-Coman

| REGISTERED OFFICE: | Dane House Europa Trading Estate

| Stoneclough Road

| Radcliffe

| Manchester

| M26 1GE

| REGISTERED NUMBER: | 03509647 (England and Wales)

| AUDITORS: | Fairhurst Audit Services Ltd

| Statutory Auditor

| Chartered Accountants

| Douglas Bank House

| Wigan Lane

| Wigan

| Lancashire

| WN1 2TB

| BANKERS: | Lloyds Bank plc

| PO Box 1000

| Market Street

| Manchester

| BX11 1LT

BETHELL PLANT SERVICES LIMITED (REGISTERED NUMBER: 03509647) |

STRATEGIC REPORT

for the Year Ended 30 September 2025

The directors present their strategic report for the year ended 30 September 2025.

BUSINESS REVIEW

The Company has had a strong operational performance this year with sales of £2,070k (2024: £1,381k) which were again predominantly intra-group The 2025 pre-tax profit was slightly lower than last year at £232k (2024: £289k). During the year there was further investment in plant and vehicles with the net book value of fixed assets at the year-ended standing at £4,964k (2024: £3,242k) with the majority of these acquired on finance. As a result, asset finance debt at the year-end was £3,516k (2024: £2,443k) of which £1,214k (2024: £907k) falls due within one year.

PRINCIPAL RISKS AND UNCERTAINTIES

In common with similar business the Company faces a number of risks and uncertainties, and the directors believe that the key business risks are in respect of the UK economy. However, the Bethell Group of companies is in a strong financial position and the demand for hire of the Company's assets is expected to continue.

FUTURE DEVELOPMENTS

The directors anticipate the business will have a successful 2026 with asset hires to the Bethell group continuing. The business will also now support all supplier cross hired in plant for the wider group which will generate a substantial increase in turnover. A number of further orders have been placed since the year-end for new plant and equipment that will be delivered during 2026 with credit lines approved through tier one asset finance funders. Continuous reviews of re-hire schedules through the year will ensure the company only procures high-demand equipment to maintain strong utilisation levels.

FINANCIAL INSTRUMENTS

The Company has a normal level of exposure to price, credit, liquidity and cash flow risks arising from trading activities which are only conducted in sterling. The Company does not enter into any hedging transactions.

ON BEHALF OF THE BOARD:

C M Morley - Director

18 December 2025

BETHELL PLANT SERVICES LIMITED (REGISTERED NUMBER: 03509647) |

REPORT OF THE DIRECTORS

for the Year Ended 30 September 2025

The directors present their report with the financial statements of the company for the year ended 30 September 2025.

PRINCIPAL ACTIVITY

The principal activity of the Company in the year under review continues to be that of plant hire to members of the Bethell Group Holdings Ltd group of companies and trading commenced in the final quarter of the prior year.

DIVIDENDS

No dividends will be distributed for the year ended 30 September 2025.

DIRECTORS

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

N Hopkins-Coman

T A Kilroe

C M Morley

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the 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 of the profit or loss of the company 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 transactions and disclose with reasonable accuracy at any time the financial position of the company 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 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 company'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 company's auditors are aware of that information.

BETHELL PLANT SERVICES LIMITED (REGISTERED NUMBER: 03509647) |

REPORT OF THE DIRECTORS

for the Year Ended 30 September 2025

AUDITORS

The auditors, Fairhurst Audit Services Ltd, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

C M Morley - Director

18 December 2025

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF

BETHELL PLANT SERVICES LIMITED

Opinion

We have audited the financial statements of Bethell Plant Services Limited (the 'company') for the year ended 30 September 2025 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

- | give a true and fair view of the state of the company's affairs as at 30 September 2025 and of its profit for the year then ended;

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

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

Basis for opinion

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

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the 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 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 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 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 Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF

BETHELL PLANT SERVICES LIMITED

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the 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, or returns adequate for our audit have not been received from branches not visited by us; or

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

- | certain disclosures of 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 three, 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 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 company or to cease operations, or have no realistic alternative but to do so.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF

BETHELL PLANT SERVICES LIMITED

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:

Extent to which the audit was considered capable of detecting irregularities including fraud

Irregularities are instances of non-compliance with laws and regulations. The objectives of our audit are to obtain sufficient appropriate audit evidence regarding compliance with laws and regulations that have a direct effect in the determination of material amounts and disclosures in the financial statement, to perform audit procedures to help identify instances of non-compliance with other laws and regulations that may have a material effect on the financial statements, and to respond appropriately to identified or suspected non-compliance with laws and regulations identified during the audit.

In relation to fraud, the objectives of our audit are to identify and assess the risk of material misstatements of the financial statements due to fraud, to obtain sufficient appropriate audit evidence regarding the assessed risks of material misstatement due to fraud through designing and implementing appropriate responses and to respond appropriately to fraud or suspected fraud identified during the audit.

However, it is the primary responsibility of management, with the oversight of those charged with governance, to ensure that the entity's operations are conducted in accordance with the provisions of laws and regulations and for the prevention and detection of fraud.

In identifying and addressing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, our procedures included the following:

- |  | The engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations; |

- |  | We obtained an understanding of laws and regulations that affect the company, focusing on those that had a direct effect on the financial statements or that had a fundamental effect on its operations. As a result of these procedures we consider that the most significant laws and regulations that have a direct impact on the financial statements are FRS 102 and the Companies Act 2006. |

- |  | We assessed the extent of compliance with the laws and regulations identified above through making enquiries of management, reviewing minutes of meetings and inspecting legal correspondence. |

In assessing the susceptibility of the company's financial statements to material misstatement, including obtaining and understanding of how fraud might occur;

- |  | We gained an understanding of the controls that management have in place to prevent and detect fraud. |

- |  | We enquired of management about any instances of fraud that had taken place during the year. |

To address the risk of fraud through management bias and override of controls;

- |  | We performed analytical procedures to identify any unusual or unexpected relationships; |

- |  | We tested journal entries to identify unusual transactions; and |

- |  | We assessed whether judgements and assumptions made in determining the accounting estimates were indicative of potential bias. |

Due 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. For example, as with any audit, there remained a higher risk of non-detection of irregularities, as these may involve collusion, forgery, intentional omissions, misrepresentations, or the override of

internal controls. We are not responsible for preventing fraud or non-compliance with laws and regulations and cannot be expected to detect all fraud and non-compliance with laws and regulations.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF

BETHELL PLANT SERVICES LIMITED

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.

Louise Webster BSc BFP ACA (Senior Statutory Auditor)

for and on behalf of Fairhurst Audit Services Ltd

Statutory Auditor

Chartered Accountants

Douglas Bank House

Wigan Lane

Wigan

Lancashire

WN1 2TB

18 December 2025

BETHELL PLANT SERVICES LIMITED (REGISTERED NUMBER: 03509647) |

INCOME STATEMENT

for the Year Ended 30 September 2025

| 2025 |  | 2024

| Notes | £ | £ |

TURNOVER | 3 | 2,069,633 |  | 1,380,557 |  |

Cost of sales | 1,265,716 |  | 816,982 |  |

GROSS PROFIT | 803,917 |  | 563,575 |  |

Administrative expenses | 387,919 |  | 156,856 |  |

OPERATING PROFIT | 5 | 415,998 |  | 406,719 |  |

Interest payable and similar expenses | 6 | 183,755 |  | 117,430 |  |

PROFIT BEFORE TAXATION | 232,243 |  | 289,289 |  |

Tax on profit | 7 | 59,062 |  | 30,097 |  |

PROFIT FOR THE FINANCIAL YEAR | 173,181 |  | 259,192 |  |

BETHELL PLANT SERVICES LIMITED (REGISTERED NUMBER: 03509647) |

OTHER COMPREHENSIVE INCOME

for the Year Ended 30 September 2025

| 2025 |  | 2024

| Notes | £ | £ |

PROFIT FOR THE YEAR | 173,181 |  | 259,192 |  |

OTHER COMPREHENSIVE INCOME | - |  | - |  |

TOTAL COMPREHENSIVE INCOME FOR THE YEAR | 173,181 |  | 259,192 |  |

BETHELL PLANT SERVICES LIMITED (REGISTERED NUMBER: 03509647) |

BALANCE SHEET

30 September 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 8 | 4,964,478 |  | 3,241,730 |  |

CURRENT ASSETS

Debtors | 9 | 363,070 |  | 357,401 |  |

Cash at bank | 152,217 |  | 427,463 |  |

515,287 |  | 784,864 |  |

CREDITORS

Amounts falling due within one year | 10 | 1,445,096 |  | 1,143,211 |  |

NET CURRENT LIABILITIES | (929,809 | ) | (358,347 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 4,034,669 |  | 2,883,383 |  |

CREDITORS

Amounts falling due after more than one year | 11 | (2,301,487 | ) | (1,536,379 | ) |

PROVISIONS FOR LIABILITIES | 13 | (649,392 | ) | (436,395 | ) |

NET ASSETS | 1,083,790 |  | 910,609 |  |

CAPITAL AND RESERVES

Called up share capital | 14 | 500,002 |  | 500,002 |  |

Retained earnings | 15 | 583,788 |  | 410,607 |  |

SHAREHOLDERS' FUNDS | 1,083,790 |  | 910,609 |  |

The financial statements were approved by the Board of Directors and authorised for issue on 17 December 2025 and were signed on its behalf by:

T A Kilroe - Director

BETHELL PLANT SERVICES LIMITED (REGISTERED NUMBER: 03509647) |

STATEMENT OF CHANGES IN EQUITY

for the Year Ended 30 September 2025

| Called up |

| share |  | Retained |  | Total

| capital |  | earnings |  | equity

£ | £ | £ |

Balance at 1 October 2023 | 2 |  | 151,415 |  | 151,417 |  |

Changes in equity

Issue of share capital | 500,000 |  | - |  | 500,000 |  |

Total comprehensive income | - |  | 259,192 |  | 259,192 |  |

Balance at 30 September 2024 | 500,002 |  | 410,607 |  | 910,609 |  |

Changes in equity

Total comprehensive income | - |  | 173,181 |  | 173,181 |  |

Balance at 30 September 2025 | 500,002 |  | 583,788 |  | 1,083,790 |  |

BETHELL PLANT SERVICES LIMITED (REGISTERED NUMBER: 03509647) |

NOTES TO THE FINANCIAL STATEMENTS

for the Year Ended 30 September 2025

1. | STATUTORY INFORMATION

| Bethell Plant Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

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

| Financial Reporting Standard 102 - reduced disclosure exemptions

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

| • | the requirements of Section 7 Statement of Cash Flows.

| Significant judgements and estimates

| Preparation of the financial statements requires management to make significant judgements and estimates. The items in the financial statements where these judgements and estimates have been made include:

| - |  | Depreciation and residual values. The directors have reviewed the asset lives and associated residual values of all fixed asset classes, and in particular, the useful economic life and residual values of leasehold building and fixture and fittings, and have concluded that the asset lives and residual values are appropriate. |  |

| Turnover

| Turnover is based on the invoiced values of all goods despatched and services provided prior to the year end, excluding VAT and other sales-based taxes and net of trade discounts.

| Tangible fixed assets

| Tangible fixed assets are stated at historic cost. Cost includes the original purchase price of the asset and the costs attributable to bringing the asset to its working condition for its intended use. Finance costs are not capitalised. Depreciation is provided on cost in equal annual instalments over the estimated useful lives of the assets. The rates of depreciation are as follows:

| Plant and machinery |  | 3-10 years |  |

| Financial instruments

| Financial instruments that are payable or receivable within one year, typically Directors' loan account, trade creditors, accruals and trade debtors, are measured initially and subsequently at the undiscounted amount of the cash or other consideration that is expected to be paid ot received.

| Financial instruments repayable in more than one year such as hire purchase agreements are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method unless the effect of discounting would be immaterial.

BETHELL PLANT SERVICES LIMITED (REGISTERED NUMBER: 03509647) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 30 September 2025

2. | ACCOUNTING POLICIES - continued

| Taxation

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

| Current or deferred taxation assets and liabilities are not discounted.

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

| Deferred tax

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

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

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

| Leases

| Assets obtained under finance leases and hire purchase contracts are capitalised at the present value of the minimum lease payments on acquisition and depreciated over their estimated useful lives. The finance charges are allocated over the period of the lease in proportion to the capital element outstanding. Operating lease rentals are charged to income in equal annual amounts over the lease term.

3. | TURNOVER

| Turnover is based on the invoiced value of all good despatched and services provided prior to the year end, excluding VAT and other sales-based taxes and net of trade discounts.

4. | EMPLOYEES AND DIRECTORS

| 2025 |  | 2024

£ | £ |

| Wages and salaries | 316,603 |  | 216,934 |  |

| The average number of employees during the year was NIL (2024 - NIL).

| During the current and prior year the Company had no direct employed staff , staff costs represent recharges for employees from other group companies

| 2025 |  | 2024

£ | £ |

| Directors' remuneration | - |  | - |  |

BETHELL PLANT SERVICES LIMITED (REGISTERED NUMBER: 03509647) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 30 September 2025

5. | OPERATING PROFIT

| The operating profit is stated after charging/(crediting):

| 2025 |  | 2024

£ | £ |

| Other operating leases | 83,196 |  | 51,794 |  |

| Depreciation - owned assets | 287,772 |  | 150,323 |  |

| Depreciation - assets on hire purchase contracts | 645,265 |  | 464,445 |  |

| Profit on disposal of fixed assets | (140,498 | ) | (170,475 | ) |

| Auditors' remuneration | 5,100 |  | 1,500 |  |

| Taxation compliance services | 6,000 |  | 1,500 |  |

| Other non- audit services | - |  | 235 |  |

6. | INTEREST PAYABLE AND SIMILAR EXPENSES |

| 2025 |  | 2024

£ | £ |

| Hire purchase | 183,755 |  | 117,430 |  |

7. | TAXATION

| Analysis of the tax charge

| The tax charge on the profit for the year was as follows:

| 2025 |  | 2024

£ | £ |

| Current tax:

| UK corporation tax | (123,696 | ) | (148,710 | ) |

| Prior year under /(over) provision | (30,240 | ) | 23,951 |  |

| Total current tax | (153,936 | ) | (124,759 | ) |

| Deferred tax | 212,998 |  | 154,856 |  |

| Tax on profit | 59,062 |  | 30,097 |  |

| UK corporation tax was charged at 25%) in 2024.

BETHELL PLANT SERVICES LIMITED (REGISTERED NUMBER: 03509647) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 30 September 2025

7. | TAXATION - continued

| Reconciliation of total tax charge included in profit and loss

| The tax assessed for the year is higher than the standard rate of corporation tax in the UK. The difference is explained below:

| 2025 |  | 2024

£ | £ |

| Profit before tax | 232,243 |  | 289,289 |  |

| Profit multiplied by the standard rate of corporation tax in the UK of 25% (2024 - 25%) | 58,061 |  | 72,322 |  |

| Effects of:

| Adjustments to tax charge in respect of previous periods | (30,240 | ) | 23,951 |  |

| Adjustment to deferred tax in respect of previous period | 31,241 |  | (66,176 | ) |

| Total tax charge | 59,062 |  | 30,097 |  |

8. | TANGIBLE FIXED ASSETS

| Fixtures |

| Plant and |  | and |  | Motor |

| machinery |  | fittings |  | vehicles |  | Totals

£ | £ | £ | £ |

| COST

| At 1 October 2024 | 3,239,093 |  | - |  | 919,480 |  | 4,158,573 |  |

| Additions | 2,370,736 |  | 1,952 |  | 319,944 |  | 2,692,632 |  |

| Disposals | (177,405 | ) | - |  | (55,370 | ) | (232,775 | ) |

| At 30 September 2025 | 5,432,424 |  | 1,952 |  | 1,184,054 |  | 6,618,430 |  |

| DEPRECIATION

| At 1 October 2024 | 703,046 |  | - |  | 213,797 |  | 916,843 |  |

| Charge for year | 754,551 |  | 1,407 |  | 177,079 |  | 933,037 |  |

| Eliminated on disposal | (159,203 | ) | - |  | (36,725 | ) | (195,928 | ) |

| At 30 September 2025 | 1,298,394 |  | 1,407 |  | 354,151 |  | 1,653,952 |  |

| NET BOOK VALUE

| At 30 September 2025 | 4,134,030 |  | 545 |  | 829,903 |  | 4,964,478 |  |

| At 30 September 2024 | 2,536,047 |  | - |  | 705,683 |  | 3,241,730 |  |

| The net book value of tangible fixed assets includes £ 3,071,036 (2024 - £ 1,791,406 ) in respect of assets held under hire purchase contracts.

BETHELL PLANT SERVICES LIMITED (REGISTERED NUMBER: 03509647) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 30 September 2025

9. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 118,123 |  | 1,540 |  |

| Amounts owed by group undertakings | 94,316 |  | 51,245 |  |

| Other debtors | - |  | 186 |  |

| Tax | 123,696 |  | 148,710 |  |

| Prepayments and accrued income | 26,935 |  | 155,720 |  |

363,070 |  | 357,401 |  |

10. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Hire purchase contracts (see note 12) | 1,214,106 |  | 906,954 |  |

| Trade creditors | 34,956 |  | 32,835 |  |

| Amounts owed to group undertakings | 3,124 |  | 19,258 |  |

| Social security and other taxes | 3,096 |  | 1,337 |  |

| Accrued expenses | 189,814 |  | 182,827 |  |

1,445,096 |  | 1,143,211 |  |

| Hire purchase creditors are secured on the assets to which they relate.

11. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Hire purchase contracts (see note 12) | 2,301,487 |  | 1,536,379 |  |

| Hire purchase creditors are secured on the assets to which they relate.

12. | LEASING AGREEMENTS

| Minimum lease payments under hire purchase fall due as follows:

2025 | 2024 |

£ | £ |

| Net obligations repayable:

| Within one year | 1,214,106 |  | 906,954 |  |

| Between one and five years | 2,301,487 |  | 1,536,379 |  |

3,515,593 |  | 2,443,333 |  |

| Hire purchase creditors are secured on the assets to which they relate.

BETHELL PLANT SERVICES LIMITED (REGISTERED NUMBER: 03509647) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 30 September 2025

13. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

£ | £ |

| Deferred tax | 649,392 |  | 436,395 |  |

| Deferred |

| tax |

£ |

| Balance at 1 October 2024 | 436,395 |  |

| Provided during year | 212,997 |  |

| Balance at 30 September 2025 | 649,392 |  |

14. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 500,002 | Ordinary Shares | 1 | 500,002 |  | 500,002 |  |

15. | RESERVES

| Retained

| earnings

£ |

| At 1 October 2024 | 410,607 |  |

| Profit for the year | 173,181 |  |

| At 30 September 2025 | 583,788 |  |

16. | ULTIMATE PARENT COMPANY

| In the opinion of the directors, at the year-end the Company's ultimate parent company was Bethell Group Holdings Limited which is controlled by the T Kilroe Life Interest Settlement which is a trust whose principal beneficiary is T Kilroe.

17. | CONTINGENT LIABILITIES

| The Company's bankers hold an unlimited cross guarantee dated 17th August 2022 between certain members of the Bethell group of companies. There is also a supplemental fixed charge on book debts and other debts. At the year-end the Company has a contingent liability under this cross guarantee of £nil (2024: £nil).

18. | CAPITAL COMMITMENTS

2025 | 2024 |

£ | £ |

| Contracted but not provided for in the

| financial statements | - |  | 118,390 |  |

BETHELL PLANT SERVICES LIMITED (REGISTERED NUMBER: 03509647) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 30 September 2025

19. | RELATED PARTY DISCLOSURES

| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 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.

| During the year the company transacted cost recharges, purchases and sales with Bethell Construction Ltd ("BCL") and Bethell Utility Services Ltd ("BUSL"), which are related parties being members of the Bethell Group Holdings Ltd, group of companies. Details of the transactions are as follows:

|  | 2025 |  | 2024 |  |

| £ |  | £ |  |

| Sales to BUSL |  | 272,450 |  | 308,907 |  |

| Sales were for plant hired by BUSL from BETPLA. Amounts due from BUSL at the year end was £15,972 (2024: £51,245)

|  | 2025 |  | 2024 |  |

| £ |  | £ |  |

| Sales to BCL |  | 1,697,220 |  | 1,063,771 |  |

| Cost recharge from BCL |  | 407,940 |  | 258,155 |  |

| Sales were for plant hired by BCL from BETPLA.

| Cost recharges were principally overheads and sundry costs incurred by the BCL on behalf of the company and recharged.

| Amounts owing from BCL at the year end were £78,344 (2024 creditor of: £19,258)

| During the year the company made sales of £7,979 (2024: £7,879) to Abbey House Hotel, a company related by common control.