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REGISTERED NUMBER: 01110897 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

FOR

CHAINS AND LIFTING TACKLE (MIDLANDS)

LIMITED

CHAINS AND LIFTING TACKLE (MIDLANDS)

LIMITED (REGISTERED NUMBER: 01110897)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

| Page |

Statement of Financial Position | 1 |  | to |  | 2

Notes to the Financial Statements | 3 |  | to |  | 6

CHAINS AND LIFTING TACKLE (MIDLANDS)

LIMITED (REGISTERED NUMBER: 01110897)

STATEMENT OF FINANCIAL POSITION

31 JULY 2025

| 31.7.25 |  | 31.7.24

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 43,517 |  | 47,456 |  |

Investments | 5 | 100 |  | 100 |  |

43,617 |  | 47,556 |  |

CURRENT ASSETS

Stocks | 39,650 |  | 38,350 |  |

Debtors | 6 | 241,763 |  | 292,536 |  |

Cash at bank and in hand | 461,066 |  | 461,171 |  |

742,479 |  | 792,057 |  |

CREDITORS

Amounts falling due within one year | 7 | (138,899 | ) | (196,183 | ) |

NET CURRENT ASSETS | 603,580 |  | 595,874 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 647,197 |  | 643,430 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (1,403 | ) | (5,350 | ) |

PROVISIONS FOR LIABILITIES | (8,876 | ) | (9,628 | ) |

NET ASSETS | 636,918 |  | 628,452 |  |

CAPITAL AND RESERVES

Called up share capital | 500 |  | 500 |  |

Capital redemption reserve | 500 |  | 500 |  |

Retained earnings | 635,918 |  | 627,452 |  |

SHAREHOLDERS' FUNDS | 636,918 |  | 628,452 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

CHAINS AND LIFTING TACKLE (MIDLANDS)

LIMITED (REGISTERED NUMBER: 01110897)

STATEMENT OF FINANCIAL POSITION - continued

31 JULY 2025

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 January 2026 and were signed by:

P Wiggins - Director

CHAINS AND LIFTING TACKLE (MIDLANDS)

LIMITED (REGISTERED NUMBER: 01110897)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

1. | STATUTORY INFORMATION

| Chains And Lifting Tackle (Midlands) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

| Registered number: | 01110897

| Registered office: | Dewsbury Road

| Berryhill Industrial Estate

| Fenton

| Stoke-On-Trent

| Staffordshire

| ST4 2TD

| 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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| SIGNIFICANT JUDGEMENTS AND ESTIMATES

| The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

| Estimated useful lives and residual values of fixed assets

| As described in the notes to the financial statements, amortisation of intangible fixed assets and depreciation of tangible fixed assets have been based on estimated useful lives and residual values deemed appropriate by the directors. Estimated useful lives and residual values are reviewed annually and revised as appropriate. Revisions take into account estimated useful lives used by other companies operating in the sector and actual asset lives and residual values, as evidenced by disposals during the current and prior accounting periods.

| REVENUE RECOGNITION

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

| TANGIBLE FIXED ASSETS

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

| Leasehold property improvements | - | 10% on cost

| Plant and machinery | - | 20% reducing balance

| Hire equipment | - | 20% reducing balance

| Motor vehicles | - | 25% reducing balance

| INVESTMENTS IN SUBSIDIARIES

| Investments in subsidiary undertakings are recognised at cost.

CHAINS AND LIFTING TACKLE (MIDLANDS)

LIMITED (REGISTERED NUMBER: 01110897)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JULY 2025

2. | ACCOUNTING POLICIES - continued

| STOCKS

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

| FINANCIAL INSTRUMENTS

| 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 each 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 Statement of Income and Retained Earnings, 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 statement of financial position date.

| DEFERRED TAX

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

| 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. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 12 (2024 - 12 ) .

CHAINS AND LIFTING TACKLE (MIDLANDS)

LIMITED (REGISTERED NUMBER: 01110897)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JULY 2025

4. | TANGIBLE FIXED ASSETS

| Leasehold |

| property |  | Plant and |  | Hire |  | Motor |

| improvements |  | machinery |  | equipment |  | vehicles |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 August 2024 | 10,295 |  | 96,947 |  | 74,813 |  | 81,200 |  | 263,255 |  |

| Additions | - |  | - |  | - |  | 5,750 |  | 5,750 |  |

| At 31 July 2025 | 10,295 |  | 96,947 |  | 74,813 |  | 86,950 |  | 269,005 |  |

| DEPRECIATION

| At 1 August 2024 | 10,295 |  | 94,544 |  | 74,458 |  | 36,502 |  | 215,799 |  |

| Charge for year | - |  | 481 |  | 71 |  | 9,137 |  | 9,689 |  |

| At 31 July 2025 | 10,295 |  | 95,025 |  | 74,529 |  | 45,639 |  | 225,488 |  |

| NET BOOK VALUE

| At 31 July 2025 | - |  | 1,922 |  | 284 |  | 41,311 |  | 43,517 |  |

| At 31 July 2024 | - |  | 2,403 |  | 355 |  | 44,698 |  | 47,456 |  |

5. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertakings

£ |

| COST

| At 1 August 2024

| and 31 July 2025 | 100 |  |

| NET BOOK VALUE

| At 31 July 2025 | 100 |  |

| At 31 July 2024 | 100 |  |

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

| 31.7.25 |  | 31.7.24

£ | £ |

| Trade debtors | 226,631 |  | 275,351 |  |

| Other debtors | 15,132 |  | 17,185 |  |

241,763 |  | 292,536 |  |

CHAINS AND LIFTING TACKLE (MIDLANDS)

LIMITED (REGISTERED NUMBER: 01110897)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JULY 2025

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

| 31.7.25 |  | 31.7.24

£ | £ |

| Hire purchase contracts (see note 9) | 3,946 |  | 6,417 |  |

| Trade creditors | 33,050 |  | 57,596 |  |

| Amounts owed to group undertakings | 30,661 |  | 47,086 |  |

| Taxation and social security | 55,877 |  | 61,852 |  |

| Other creditors | 15,365 |  | 23,232 |  |

138,899 |  | 196,183 |  |

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

| 31.7.25 |  | 31.7.24

£ | £ |

| Hire purchase contracts (see note 9) | 1,403 |  | 5,350 |  |

9. | LEASING AGREEMENTS

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

| 31.7.25 |  | 31.7.24 |

£ | £ |

| Net obligations repayable:

| Within one year | 3,946 |  | 6,417 |  |

| Between one and five years | 1,403 |  | 5,350 |  |

5,349 |  | 11,767 |  |

10. | 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.

| The company is party to a cross guarantee covering the bank overdraft and borrowing's of itself and Chains and Lifting Tackle (Coventry) Limited.