REGISTERED NUMBER: 12515730 (England and Wales)

Group Strategic Report, Report of the Directors and

Consolidated Financial Statements for the Year Ended 30 April 2025

for

DD-Scientific Holdings Limited

Page

Company Information

1

Group Strategic Report

2

Report of the Directors

3

Report of the Independent Auditors

4

Consolidated Statement of Comprehensive Income

8

Consolidated Statement of Financial Position

9

Company Statement of Financial Position

10

Consolidated Statement of Changes in Equity

11

Company Statement of Changes in Equity

12

Consolidated Statement of Cash Flows

13

Notes to the Consolidated Statement of Cash Flows

14

Notes to the Consolidated Financial Statements

15

DIRECTORS:

Mr J Drain

Mrs L J Drain

Mr D Davies

Mrs J Davies

SECRETARY:

REGISTERED OFFICE:

12 West Links

Tollgate

Chandlers Ford

Eastleigh

Hampshire

SO53 3TG

REGISTERED NUMBER:

12515730 (England and Wales)

AUDITORS:

Griffiths Marshall

Floor 4

Llanthony Warehouse

The Docks

Gloucester

Gloucestershire

GL1 2EH

The directors present their strategic report of the company and the group for the year ended 30 April 2025.

REVIEW OF BUSINESS

We are pleased to present the report and accounts of DD-Scientific Holdings Limited for the year ended 30 April 2025. As ever, we are extremely grateful for the continued support and hard work of our employees and the loyalty of our clients, suppliers and business partners.

PRINCIPAL RISKS AND UNCERTAINTIES

The company had no financial instruments at the year end other than bank loans and cash, and financial instruments such as debtors and creditors that arise directly from its operations.

KEY PERFORMANCE INDICATORS

The group measures its performance on a number of key performance indicators, including revenue, gross profit as well as net cash from operations. Individual job profitability is very closely monitored by the directors as this is key to the operation of the group.

The Group's key financial and other performance indicators during the current period and prior period are:

2025

2024

Sales

£14,726,321

£13,082,775

Gross Profit

£5,313,783

£4,428,870

Gross Profit Margin

36%

34%

Operating Profit

£2,563,452

£2,328,399

ON BEHALF OF THE BOARD:

Mr D Davies - Director

18 December 2025

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

DIVIDENDS

The total distribution of dividends for the year ended 30 April 2025 was £640,000.

DIRECTORS

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

Mr J Drain

Mrs L J Drain

Mr D Davies

Mrs J Davies

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 or she ought to have taken as a director in order to make himself or herself aware of any relevant audit information and to establish that the group's auditors are aware of that information.

AUDITORS

The auditors, Griffiths Marshall, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

Mr D Davies - Director

18 December 2025

Opinion

We have audited the financial statements of DD-Scientific Holdings Limited (the 'parent company') and its subsidiaries (the 'group') for the year ended 30 April 2025 which comprise the Consolidated Statement of Comprehensive Income, Consolidated Statement of Financial Position, Company Statement of Financial Position, Consolidated Statement of Changes in Equity, Company Statement of Changes in Equity, Consolidated Statement of Cash Flows and Notes to the Consolidated Statement of Cash Flows, 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 30 April 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 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 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:

Extent to which our procedures are capable of detecting irregularities including fraud

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above and on the Financial Reporting Council's website, to detect material misstatements in respect of irregularities, including fraud.

We obtain and update our understanding of the entity, its activities, its control environment, and likely future developments, including in relation to the legal and regulatory framework applicable and how the entity is complying with that framework. Based on this understanding, we identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. This includes consideration of the risk of acts by the entity that were contrary to applicable laws and regulations, including fraud.

In response to the risk of irregularities and non-compliance with laws and regulations, including fraud, we designed procedures which included:

-

Enquiry of management and those charged with governance around actual and potential litigation and claims as well as actual, suspected and alleged fraud;

-

Assessing the extent of compliance with the laws and regulations considered to have a direct material effect on the financial statements or the operations of the company through enquiry and inspection;

-

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

-

Performing audit work over the risk of management bias and override of controls, including testing of journal entries and other adjustments for appropriateness, evaluating the business rationale of significant transactions outside the normal course of business and reviewing accounting estimates for indicators of potential bias.

Our Audit procedures were designed to respond to risks of a material misstatement in the financial statements, recognising that the risk of not detecting a material mistatement due to fraud is higher than risk of not detecting one resulting from error, as fraud involves deliberate concealment by, for example, forgery, misrepresentations or through collusion.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report

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

Greg Lewis (Senior Statutory Auditor)

for and on behalf of Griffiths Marshall

Floor 4

Llanthony Warehouse

The Docks

Gloucester

Gloucestershire

GL1 2EH

19 December 2025

TURNOVER

14,726,321

13,082,775

Cost of sales

9,412,538

8,653,905

GROSS PROFIT

5,313,783

4,428,870

Administrative expenses

2,750,331

2,100,971

2,563,452

2,327,899

Other operating income

-

500

OPERATING PROFIT

4

2,563,452

2,328,399

Interest receivable and similar income

12,432

16,665

2,575,884

2,345,064

Interest payable and similar expenses

6

1,434

2,973

PROFIT BEFORE TAXATION

2,574,450

2,342,091

Tax on profit

7

424,767

473,651

PROFIT FOR THE FINANCIAL YEAR

2,149,683

1,868,440

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

2,149,683

1,868,440

Profit attributable to:

Owners of the parent

2,149,683

1,868,440

Total comprehensive income attributable to:

Owners of the parent

2,149,683

1,868,440

FIXED ASSETS

Intangible assets

10

(385,431

)

(578,147

)

Tangible assets

11

3,135,923

3,280,928

Investments

12

-

-

2,750,492

2,702,781

CURRENT ASSETS

Stocks

13

1,103,053

818,215

Debtors

14

2,653,644

2,683,990

Cash at bank

3,454,270

2,263,880

7,210,967

5,766,085

CREDITORS

Amounts falling due within one year

15

2,259,905

2,102,294

NET CURRENT ASSETS

4,951,062

3,663,791

TOTAL ASSETS LESS CURRENT LIABILITIES

7,701,554

6,366,572

CREDITORS

Amounts falling due after more than one year

16

-

(10,370

)

PROVISIONS FOR LIABILITIES

19

(242,109

)

(406,440

)

NET ASSETS

7,459,445

5,949,762

CAPITAL AND RESERVES

Called up share capital

20

50,000

50,000

Revaluation reserve

21

330,363

330,363

Retained earnings

21

7,079,082

5,569,399

SHAREHOLDERS' FUNDS

7,459,445

5,949,762

The financial statements were approved by the Board of Directors and authorised for issue on 18 December 2025 and were signed on its behalf by:

Mr D Davies - Director

Mr J Drain - Director

FIXED ASSETS

Intangible assets

10

-

-

Tangible assets

11

2,229,975

2,243,815

Investments

12

55,836

55,836

2,285,811

2,299,651

CURRENT ASSETS

Debtors

14

44,922

156,966

Cash at bank

1,363,179

661,091

1,408,101

818,057

CREDITORS

Amounts falling due within one year

15

668,867

550,268

NET CURRENT ASSETS

739,234

267,789

TOTAL ASSETS LESS CURRENT LIABILITIES

3,025,045

2,567,440

PROVISIONS FOR LIABILITIES

19

206,984

242,196

NET ASSETS

2,818,061

2,325,244

CAPITAL AND RESERVES

Called up share capital

20

50,000

50,000

Revaluation reserve

330,363

330,363

Retained earnings

2,437,698

1,944,881

SHAREHOLDERS' FUNDS

2,818,061

2,325,244

Company's profit for the financial year

1,132,817

496,673

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 18 December 2025 and were signed on its behalf by:

Mr D Davies - Director

Mr J Drain - Director

Called up

share

Retained

Revaluation

Total

capital

earnings

reserve

equity

£

£

£

£

Balance at 1 May 2023

50,000

4,300,959

330,363

4,681,322

Changes in equity

Dividends

-

(600,000

)

-

(600,000

)

Total comprehensive income

-

1,868,440

-

1,868,440

Balance at 30 April 2024

50,000

5,569,399

330,363

5,949,762

Changes in equity

Dividends

-

(640,000

)

-

(640,000

)

Total comprehensive income

-

2,149,683

-

2,149,683

Balance at 30 April 2025

50,000

7,079,082

330,363

7,459,445

Called up

share

Retained

Revaluation

Total

capital

earnings

reserve

equity

£

£

£

£

Balance at 1 May 2023

50,000

2,048,208

330,363

2,428,571

Changes in equity

Profit for the year

-

496,673

-

496,673

Total comprehensive income

-

496,673

-

496,673

Dividends

-

(600,000

)

-

(600,000

)

Balance at 30 April 2024

50,000

1,944,881

330,363

2,325,244

Changes in equity

Profit for the year

-

1,132,817

-

1,132,817

Total comprehensive income

-

1,132,817

-

1,132,817

Dividends

-

(640,000

)

-

(640,000

)

Balance at 30 April 2025

50,000

2,437,698

330,363

2,818,061

Cash flows from operating activities

Cash generated from operations

1

2,622,445

2,450,817

Interest element of hire purchase payments paid

(1,434

)

(2,973

)

Tax paid

(456,965

)

(549,037

)

Net cash from operating activities

2,164,046

1,898,807

Cash flows from investing activities

Purchase of tangible fixed assets

(356,949

)

(1,804,729

)

Sale of tangible fixed assets

32,500

43,000

Interest received

12,432

-

Net cash from investing activities

(312,017

)

(1,761,729

)

Cash flows from financing activities

Loan repayments in year

(10,648

)

(43,599

)

Capital repayments in year

(10,991

)

-

Equity dividends paid

(640,000

)

(600,000

)

Net cash from financing activities

(661,639

)

(643,599

)

Increase/(decrease) in cash and cash equivalents

1,190,390

(506,521

)

Cash and cash equivalents at beginning of year

2

2,263,880

2,770,401

Cash and cash equivalents at end of year

2

3,454,270

2,263,880

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

30.4.25

30.4.24

£

£

Profit before taxation

2,574,450

2,342,091

Depreciation charges

271,119

242,415

Loss on disposal of fixed assets

5,618

3,093

Finance costs

1,434

2,973

Finance income

(12,432

)

(16,665

)

2,840,189

2,573,907

Increase in stocks

(284,838

)

(344,556

)

Increase in trade and other debtors

(19,202

)

(689,245

)

Increase in trade and other creditors

86,296

910,711

Cash generated from operations

2,622,445

2,450,817

2.	CASH AND CASH EQUIVALENTS

The amounts disclosed on the Statement of Cash Flows in respect of cash and cash equivalents are in respect of these Statement of Financial Position amounts:

Year ended 30 April 2025

30.4.25

1.5.24

£

£

Cash and cash equivalents

3,454,270

2,263,880

Year ended 30 April 2024

30.4.24

1.5.23

£

£

Cash and cash equivalents

2,263,880

2,770,401

3.	ANALYSIS OF CHANGES IN NET FUNDS

At 1.5.24

Cash flow

At 30.4.25

£

£

£

Net cash

Cash at bank

2,263,880

1,190,390

3,454,270

2,263,880

1,190,390

3,454,270

Debt

Finance leases

(10,991

)

10,991

-

Debts falling due within 1 year

(10,000

)

278

(9,722

)

Debts falling due after 1 year

(10,370

)

10,370

-

(31,361

)

21,639

(9,722

)

Total

2,232,519

1,212,029

3,444,548

1.	STATUTORY INFORMATION

DD-Scientific 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 FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The company is a qualifying entity for the purposes of FRS 102, being a member of a group where the parent of that group prepares publicly available consolidated financial statements, including this company, which are intended to give a true and fair view of the assets, liabilities, financial position and profit or loss of the group. The company has therefore taken advantage of exemptions from the following disclosure requirements for parent company information presented within the consolidated financial statements:

- Section 7 'Statement of Cash Flows': Presentation of a statement of cash flow and related notes and disclosures;

- Section 33 'Related Party Disclosures': Compensation for key management personnel.

Basis of consolidation

The consolidated financial statements incorporate those of DD-Scientific Holdings Limited and all of its subsidiaries (ie entities that the group controls through its power to govern the financial and operating policies so as to obtain economic benefits. Their results are incorporated from the date that control passes.

All financial statements are made up to 30 September 2025. Where necessary, adjustments are made to

the financial statements of subsidiaries to bring the accounting policies used into line with those used

by other members of the group.

All intra-group transactions, balances and unrealised gains on transactions between group companies

are eliminated on consolidation. Unrealised losses are also eliminated unless the transaction provides

evidence of an impairment of the asset transferred.

Significant judgements and estimates

In the application of the group's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

The main accounting estimates are:

- Useful economic life of tangible fixed assets

- Accruals and prepayments

Turnover

Turnover is measured at the fair value of the consideration 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 2021, is being amortised evenly over its estimated useful life of seven 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.

Long leasehold

-

10% on cost

Plant and machinery

-

15% on cost

Fixtures and fittings

-

15% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 balance sheet 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 debtors 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. Financial assets classified as receivable within one year are not amortised.

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. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in profit or loss.

If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal 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 are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

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 creditors, bank loans and loans from fellow group companies, 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. Financial liabilities classified as payable within one year are not amortised.

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. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest rate method.