REGISTERED NUMBER: 02472574 (England and Wales)

Strategic Report, Report of the Directors and

Financial Statements

for the Year Ended 31 May 2025

for

T. & C. Site Services Limited

Page

Company Information

1

Strategic Report

2

Report of the Directors

4

Report of the Independent Auditors

5

Profit and Loss Account

9

Other Comprehensive Income

10

Balance Sheet

11

Statement of Changes in Equity

12

Cash Flow Statement

13

Notes to the Cash Flow Statement

14

Notes to the Financial Statements

15

DIRECTORS:

Mr T J Adams

Mrs C Adams

Mr T J Adams

Mr N D Adams

J L Wilkes

SECRETARY:

Mrs C Adams

REGISTERED OFFICE:

Garner Street

Etruria

Stoke-on-Trent

Staffordshire

ST4 7BE

REGISTERED NUMBER:

02472574 (England and Wales)

AUDITORS:

Thompson Wright (Audit) Limited

Ebenezer House

Ryecroft

Newcastle under Lyme

Staffordshire

ST5 2BE

The directors present their strategic report for the year ended 31 May 2025.

REVIEW OF BUSINESS

T&C Site Services has continued to consolidate its position as the UK's leading independent provider of Earthmover and OTR (Off-The-Road) tyre services. Despite a challenging environment characterised by supply chain volatility and inflationary pressures, the company has maintained operational resilience and delivered a robust performance.

BUSINESS MODEL & STRATEGY

The principal activity of the company remains the supply, fitting, and management of OTR tyres and associated on-site services. We operate nationally, servicing sectors including ports, mining, quarrying and waste management.

Service Delivery Models

Our business model is built on flexibility, allowing us to align with the diverse cash-flow and operational needs of our customers:

- Fully Managed Account Contracts: Long-term partnerships (1-3 years) where we act as a sole or preferred supplier, managing stock and baking in efficiencies such as tyre management.

- Pay Per Hour Contracts: An innovative risk-management model where clients pay a fixed hourly rate based on tread usage ("Tyre Bank"). This effectively hedges our customers against tyre price inflation and scrapping costs, providing them with budget certainty.

- Managed Budget Accounts: Employing expert knowledge of customers site and operations allows for pre-planned fixed monthly payments that cover all service and product requirements, ensuring budget predictability.

- Pay As You Go: traditional ad-hoc procurement providing maximum flexibility.

Strategic Objectives

Our strategy is to transition from a transactional service provider to an embedded strategic partner. We achieve this through:

- Operational Excellence: Maintaining our ISO 9001 and ISO 45001 accreditations to ensure we remain the "safest pair of hands" in a high-risk industry. Continually invest in our three pillars; technicians, fleet and management excellence.

- Digital Differentiation: Leveraging our proprietary TCS system to provide clients with real-time dashboards and infographics on fleet performance and tyre wear analysis. Working with suppliers and partners in developing system integrations with broader business systems, such as inventory, accounting, and jobs to provide richer experience to customers.

- Workforce Development: Addressing the critical industry skills gap by developing a proprietary Level 2 Apprenticeship in OTR Tyre Fitting.

Key performance indicators are gross margin, stock turnover, debtor days and operating profit margin.

2025

2024

Gross profit

47.79%

44.28%

Stock turnover

72 days

73 days

Debtor days

62 days

76 days

Operating profit

2.6%

2.9%

PRINCIPAL RISKS AND UNCERTAINTIES

The management of the business and the execution of the company's strategy are subject to a number of risks.

Supply Chain & Market Competition

Risk: Volatility in raw material costs (natural rubber, steel) remains a constant threat. Furthermore, the UK market is seeing a substantial influx of new, low cost OTR tyre brands supplied directly to customers via wholesale channels. This creates downward price pressure and risks commoditing the sector.

Mitigation: We differentiate ourselves through "Total Cost of Ownership rather than unit price. By maintaining strong strategic partnerships with premium manufacturers (e.g. Bridgestone, Continental, Goodyear, Michelin) and utilising our TCS system to demonstrate superior longevity and safety, we validate the value of premium products. Additionally, our 'Pay by Hour' service insulates clients from price volatility while locking in long-term service relationships that wholesale-only suppliers cannot replicate.

Health and Safety

Risk: The inherent danger of working with large-scale earthmover tyres and heavy machinery on-site.

Mitigation: Safety is our license to operate. We adhere strictly to ISO 45001 & ISO 9001. Our Dynamic Risk Assessment (DRA) protocol ensures no work commences without a full risk assessment. We invest heavily in technician training and equipment testing (jacks, tyre handlers, cranes etc) to exceed statutory requirements.

Personnel Recruitment and Retention

Risk: The industry-wide shortage of qualified tyre technicians.

Mitigation: We aim to be the employer of choice by offering competitive remuneration and high-quality bespoke vehicles. Crucially, we are mitigating long-term recruitment risks by establishing our own accredited training pathway, starting with the new Level 2 apprenticeship scheme.

ON BEHALF OF THE BOARD:

Mrs C Adams - Secretary

19 December 2025

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

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of tyre and site services.

DIVIDENDS

The total distribution of dividends for the year ended 31 May 2025 will be £ 1,000 .

DIRECTORS

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

Mr T J Adams

Mrs C Adams

Mr T J Adams

Mr N D Adams

J L Wilkes

DISCLOSURE IN THE STRATEGIC REPORT

Future developments and principal risks and uncertainties are disclosed in the Strategic Report.

The company has chosen in accordance with section 414(c) of the Companies Act 2006 (Strategic and Directors Report) Regulations 2013 to set out in the company's Strategic Report information required by schedule 7 of the Large and Medium Sized Companies and Groups (Accounts and Reports) Regulations 2008.

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), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. 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 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 company's auditors are aware of that information.

AUDITORS

The auditors, Thompson Wright (Audit) Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

Mrs C Adams - Secretary

19 December 2025

Opinion

We have audited the financial statements of T. & C. Site Services Limited (the 'company') for the year ended 31 May 2025 which comprise the Profit and Loss Account, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity, Cash Flow Statement and Notes to the 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 company's affairs as at 31 May 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.

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 four, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the 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.

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:

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

- the Senior Statutory Auditor ensured that the audit team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations;

- we identified the laws and regulations applicable to the company through discussions with directors and other management, and from our commercial knowledge and experience of the tyre service and sale sector;

- we focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, including the Companies Act 2006, taxation legislation and data protection, anti-bribery, employment, environmental, other industry specific accreditations and health and safety legislation;

- we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence; and

- identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit.

We assessed the susceptibility of the company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

- making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; and

-considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.

To address the risk of fraud through management bias and override of controls, we:

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

- tested journal entries to identify unusual transactions;

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

-investigated the rationale behind significant or unusual transactions.

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

-agreeing financial statement disclosures to underlying supporting documentation;

-reading the minutes of meetings of those charged with governance;

-enquiring of management as to actual and potential litigation and claims; and

- reviewing correspondence with HMRC, relevant regulators including the Health and Safety Executive, and the company's legal advisors.

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.

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.

Jeremy Bostock BA BFP FCA (Senior Statutory Auditor)

for and on behalf of Thompson Wright (Audit) Limited

Ebenezer House

Ryecroft

Newcastle under Lyme

Staffordshire

ST5 2BE

19 December 2025

TURNOVER

3

12,150,569

12,793,635

Cost of sales

6,343,717

7,128,945

GROSS PROFIT

5,806,852

5,664,690

Administrative expenses

5,493,069

5,325,185

313,783

339,505

Other operating income

4

2,191

36,800

OPERATING PROFIT

7

315,974

376,305

Interest receivable and similar income

1,307

1,532

317,281

377,837

Interest payable and similar expenses

8

67,068

54,664

PROFIT BEFORE TAXATION

250,213

323,173

Tax on profit

9

63,903

82,235

PROFIT FOR THE FINANCIAL YEAR

186,310

240,938

PROFIT FOR THE YEAR

186,310

240,938

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

186,310

240,938

FIXED ASSETS

Tangible assets

11

2,541,537

2,320,528

CURRENT ASSETS

Stocks

12

1,258,071

1,433,393

Debtors

13

2,277,825

2,922,609

Cash at bank and in hand

1,695,694

1,266,143

5,231,590

5,622,145

CREDITORS

Amounts falling due within one year

14

3,140,370

3,443,146

NET CURRENT ASSETS

2,091,220

2,178,999

TOTAL ASSETS LESS CURRENT LIABILITIES

4,632,757

4,499,527

CREDITORS

Amounts falling due after more than one year

15

(311,426

)

(427,409

)

PROVISIONS FOR LIABILITIES

18

(494,949

)

(431,046

)

NET ASSETS

3,826,382

3,641,072

CAPITAL AND RESERVES

Called up share capital

19

2

2

Retained earnings

20

3,826,380

3,641,070

SHAREHOLDERS' FUNDS

3,826,382

3,641,072

The financial statements were approved by the Board of Directors and authorised for issue on 19 December 2025 and were signed on its behalf by:

Mrs C Adams - Director

Called up

share

Retained

Total

capital

earnings

equity

£

£

£

Balance at 1 June 2023

2

3,402,132

3,402,134

Changes in equity

Dividends

-

(2,000

)

(2,000

)

Total comprehensive income

-

240,938

240,938

Balance at 31 May 2024

2

3,641,070

3,641,072

Changes in equity

Dividends

-

(1,000

)

(1,000

)

Total comprehensive income

-

186,310

186,310

Balance at 31 May 2025

2

3,826,380

3,826,382

Cash flows from operating activities

Cash generated from operations

1

1,663,320

1,257,415

Interest paid

-

(29

)

Interest element of hire purchase payments paid

(67,068

)

(54,635

)

Tax paid

8,711

(8,711

)

Net cash from operating activities

1,604,963

1,194,040

Cash flows from investing activities

Purchase of tangible fixed assets

(475,331

)

(548,685

)

Sale of tangible fixed assets

62,352

178,088

Interest received

1,307

1,532

Net cash from investing activities

(411,672

)

(369,065

)

Cash flows from financing activities

Capital repayments in year

(763,740

)

(575,918

)

Net cash from financing activities

(763,740

)

(575,918

)

Increase in cash and cash equivalents

429,551

249,057

Cash and cash equivalents at beginning of year

2

1,266,143

1,017,086

Cash and cash equivalents at end of year

2

1,695,694

1,266,143

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

2025

2024

£

£

Profit before taxation

250,213

323,173

Depreciation charges

855,426

780,052

Loss/(profit) on disposal of fixed assets

3,011

(68,592

)

Finance costs

67,068

54,664

Finance income

(1,307

)

(1,532

)

1,174,411

1,087,765

Decrease in stocks

175,322

250,779

Decrease/(increase) in trade and other debtors

636,073

(256,806

)

(Decrease)/increase in trade and other creditors

(322,486

)

175,677

Cash generated from operations

1,663,320

1,257,415

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 May 2025

31.5.25

1.6.24

£

£

Cash and cash equivalents

1,695,694

1,266,143

Year ended 31 May 2024

31.5.24

1.6.23

£

£

Cash and cash equivalents

1,266,143

1,017,086

3.	ANALYSIS OF CHANGES IN NET FUNDS

Other

non-cash

At 1.6.24

Cash flow

changes

At 31.5.25

£

£

£

£

Net cash

Cash at bank

and in hand

1,266,143

429,551

1,695,694

1,266,143

429,551

1,695,694

Debt

Finance leases

(897,376

)

763,740

(666,467

)

(800,103

)

(897,376

)

763,740

(666,467

)

(800,103

)

Total

368,767

1,193,291

(666,467

)

895,591

1.	STATUTORY INFORMATION

T. & C. Site 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.

The principal accounting policies adopted in the preparation of the financial statements are set out below, have remained unchanged from the previous year and have also been consistently applied within the accounts.

After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future, being the 12 month period from the date of these accounts being approved.

Significant judgements and estimates

The company makes significant judgements and estimates concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying value of assets and liabilities are detailed below.

Income recognition

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

Turnover is recognised when the company has transferred the significant risks and rewards of ownership to the buyer and it is probable that the company will receive the previously agreed upon payment. These criteria are considered to be met when the goods are delivered to the buyer.

All turnover is derived from UK customers.

Impairment of debtors

Management makes an estimate of the recoverable value of trade and other debtors. When assessing impairment of trade and other debtors, management considers factors including the current credit rating of the debtor, the ageing profile of debtors and historical experience.

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.

Leasehold alterations

-

25% on cost

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

35% on reducing balance

Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended.

Stocks

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

Stock provision

The company sells tyres which are subject to changing customer demands and product degradation. As a result it is necessary to consider the recoverability of the cost of stocks and the associated provisioning necessary. When calculating the stock provision, management considers the nature and condition of the stock as well as reviewing sales and purchase history.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of the reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing contracts

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company'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 company.

An analysis of turnover by class of business is given below:

2025

2024

£

£

Products

8,252,173

9,025,353

Services

3,898,396

3,768,282

12,150,569

12,793,635

All turnover is derived from UK customers.

4.	OTHER OPERATING INCOME

2025

2024

£

£

Sundry receipts

2,191

36,800

5.	EMPLOYEES AND DIRECTORS

2025

2024

£

£

Wages and salaries

2,449,983

2,444,581

Social security costs

257,282

282,433

Other pension costs

137,128

105,661

2,844,393

2,832,675

The average number of employees during the year was as follows:

2025

2024

Directors

5

5

Head office admin

14

14

Sales

6

6

Depot admin

7

8

Depot fitters

35

33

67

66

6.	DIRECTORS' EMOLUMENTS

2025

2024

£

£

Directors' remuneration

255,848

195,884

Directors' pension contributions to money purchase schemes

50,000

35,000

Information regarding the highest paid director for the year ended 31 May 2025 is as follows:

2025

£

Emoluments etc

68,586

7.	OPERATING PROFIT

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

2025

2024

£

£

Depreciation - owned assets

462,468

405,546

Depreciation - assets on hire purchase contracts

392,958

374,506

Loss/(profit) on disposal of fixed assets

3,011

(68,595

)

Auditors' remuneration

12,411

10,110

Foreign exchange differences

-

(502

)

8.

INTEREST PAYABLE AND SIMILAR EXPENSES

2025

2024

£

£

Interest payable

-

29

Hire purchase

67,068

54,635

67,068

54,664

9.

TAXATION

Analysis of the tax charge

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

2025

2024

£

£

Current tax:

Prior period adjustments

-

(8,711

)

Deferred tax

63,903

90,946

Tax on profit

63,903

82,235

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

250,213

323,173

Profit multiplied by the standard rate of corporation tax in the UK of 25% (2024 - 25%)

62,553

80,793

Effects of:

Capital allowances in excess of depreciation

(65,137

)

(169,936

)

Accelerated capital allowances

65,734

185,775

(Profit)/loss on disposals

753

(17,149

)

Change in tax rate

-

2,752

Total tax charge

63,903

82,235

10.

DIVIDENDS

2025

2024

£

£

Interim

1,000

2,000