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REGISTERED NUMBER: 01548859 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

W.H. BRADING & SON LTD

W.H. BRADING & SON LTD (REGISTERED NUMBER: 01548859)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

| Page |

Company Information | 1 |

Balance Sheet | 2 |  | to |  | 3

Notes to the Financial Statements | 4 |  | to |  | 8

W.H. BRADING & SON LTD

COMPANY INFORMATION

FOR THE YEAR ENDED 30 SEPTEMBER 2025

| DIRECTORS: | R J Hibberd

| A F Hibberd

| Mrs T K Hibberd

| SECRETARY: | Mrs T K Hibberd

| REGISTERED OFFICE: | 30-32 Somerton Industrial Park

| Somerton

| Cowes

| Isle of Wight

| PO31 8PA

| REGISTERED NUMBER: | 01548859 (England and Wales)

| ACCOUNTANTS: | Bright Brown Limited

| Chartered Accountants

| Exchange House

| St. Cross Lane

| Newport

| Isle of Wight

| PO30 5BZ

W.H. BRADING & SON LTD (REGISTERED NUMBER: 01548859)

BALANCE SHEET

30 SEPTEMBER 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 265,973 |  | 216,298 |  |

Investment property | 5 | 260,000 |  | - |  |

525,973 |  | 216,298 |  |

CURRENT ASSETS

Stocks | 502,689 |  | 523,089 |  |

Debtors | 6 | 427,244 |  | 603,058 |  |

Cash at bank | 116,747 |  | 211,475 |  |

1,046,680 |  | 1,337,622 |  |

CREDITORS

Amounts falling due within one year | 7 | 1,074,038 |  | 939,996 |  |

NET CURRENT (LIABILITIES)/ASSETS | (27,358 | ) | 397,626 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 498,615 |  | 613,924 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (61,163 | ) | (107,157 | ) |

PROVISIONS FOR LIABILITIES | (48,997 | ) | (42,187 | ) |

NET ASSETS | 388,455 |  | 464,580 |  |

CAPITAL AND RESERVES

Called up share capital | 15,000 |  | 15,000 |  |

Capital redemption reserve | 11 | 2,500 |  | 2,500 |  |

Retained earnings | 11 | 370,955 |  | 447,080 |  |

SHAREHOLDERS' FUNDS | 388,455 |  | 464,580 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

W.H. BRADING & SON LTD (REGISTERED NUMBER: 01548859)

BALANCE SHEET - continued

30 SEPTEMBER 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 February 2026 and were signed on its behalf by:

Mrs T K Hibberd - Director

W.H. BRADING & SON LTD (REGISTERED NUMBER: 01548859)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

1. | STATUTORY INFORMATION

| W.H. Brading & Son Ltd 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.

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 as modified by the revaluation of certain assets.

| Turnover

| Turnover represents the amount receivable by the company for goods supplied and services provided together with the income due from long term contracts, which is based where possible on the value certified to the year end, excluding VAT. Turnover is not recognised on properties being developed for resale until a sale has been completed.

| Tangible fixed assets

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

| Land and buildings | - | 5% on cost

| Plant and machinery etc | - | 20% on cost and 20% on reducing balance

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| Stocks and work in progress

| Stock is valued at the lower of cost and net realisable value.

| Work in progress under contract is valued on the basis of costs to date less the costs attributable to the turnover recognised to that point.

| 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.

| 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.

W.H. BRADING & SON LTD (REGISTERED NUMBER: 01548859)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 SEPTEMBER 2025

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 37 (2024 - 39 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST

| At 1 October 2024 | 57,115 |  | 536,437 |  | 593,552 |  |

| Additions | - |  | 117,465 |  | 117,465 |  |

| Disposals | - |  | (29,974 | ) | (29,974 | ) |

| At 30 September 2025 | 57,115 |  | 623,928 |  | 681,043 |  |

| DEPRECIATION

| At 1 October 2024 | 57,115 |  | 320,139 |  | 377,254 |  |

| Charge for year | - |  | 65,014 |  | 65,014 |  |

| Eliminated on disposal | - |  | (27,198 | ) | (27,198 | ) |

| At 30 September 2025 | 57,115 |  | 357,955 |  | 415,070 |  |

| NET BOOK VALUE

| At 30 September 2025 | - |  | 265,973 |  | 265,973 |  |

| At 30 September 2024 | - |  | 216,298 |  | 216,298 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| Additions | 180,629 |  |

| Revaluations | 79,371 |  |

| At 30 September 2025 | 260,000 |  |

| NET BOOK VALUE

| At 30 September 2025 | 260,000 |  |

| Fair value at 30 September 2025 is represented by:

£ |

| Valuation in 2025 | 79,371 |  |

| Cost | 180,629 |  |

260,000 |  |

W.H. BRADING & SON LTD (REGISTERED NUMBER: 01548859)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 SEPTEMBER 2025

5. | INVESTMENT PROPERTY - continued

| If investment property had not been revalued it would have been included at the following historical cost:

2025 | 2024 |

£ | £ |

| Cost | 180,629 |  | - |  |

| Investment property was valued on an open market basis on 30 September 2025 by Marvins Estate Agents .

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

2025 | 2024 |

£ | £ |

| Trade debtors | 384,586 |  | 553,802 |  |

| Other debtors | 42,658 |  | 49,256 |  |

427,244 |  | 603,058 |  |

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

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 73,800 |  | 90,000 |  |

| Hire purchase contracts and finance leases (see note 9) | 31,103 |  | 23,823 |  |

| Trade creditors | 399,415 |  | 222,570 |  |

| Taxation and social security | 325,840 |  | 391,576 |  |

| Other creditors | 243,880 |  | 212,027 |  |

1,074,038 |  | 939,996 |  |

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

2025 | 2024 |

£ | £ |

| Bank loans | 20,700 |  | 94,500 |  |

| Hire purchase contracts and finance leases (see note 9) | 40,463 |  | 12,657 |  |

61,163 |  | 107,157 |  |

W.H. BRADING & SON LTD (REGISTERED NUMBER: 01548859)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 SEPTEMBER 2025

9. | LEASING AGREEMENTS

| Minimum lease payments fall due as follows:

| Hire purchase contracts |  | Finance leases |

2025 | 2024 | 2025 | 2024 |

£ | £ | £ | £ |

| Gross obligations repayable:

| Within one year | 18,445 |  | 8,635 |  | 14,184 |  | 17,020 |  |

| Between one and five years | 40,463 |  | - |  | - |  | 14,183 |  |

58,908 |  | 8,635 |  | 14,184 |  | 31,203 |  |

| Finance charges repayable:

| Within one year | - |  | - |  | 1,526 |  | 1,832 |  |

| Between one and five years | - |  | - |  | - |  | 1,526 |  |

- |  | - |  | 1,526 |  | 3,358 |  |

| Net obligations repayable:

| Within one year | 18,445 |  | 8,635 |  | 12,658 |  | 15,188 |  |

| Between one and five years | 40,463 |  | - |  | - |  | 12,657 |  |

58,908 |  | 8,635 |  | 12,658 |  | 27,845 |  |

| Operating Leases

| The total future minimum lease payments under non-cancellable operating leases is £nil (2023 - £3,798) due at the year end.

10. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Bank loans | 94,500 |  | 184,500 |  |

| Hire purchase contracts and finance leases | 71,566 |  | 36,480 |  |

166,066 |  | 220,980 |  |

W.H. BRADING & SON LTD (REGISTERED NUMBER: 01548859)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 SEPTEMBER 2025

11. | RESERVES

| Capital |

| Retained |  | redemption |

| earnings |  | reserve |  | Totals

£ | £ | £ |

| At 1 October 2024 | 447,080 |  | 2,500 |  | 449,580 |  |

| Profit for the year | 238,075 |  | - |  | 238,075 |  |

| Dividends | (314,200 | ) | - |  | (314,200 | ) |

| At 30 September 2025 | 370,955 |  | 2,500 |  | 373,455 |  |

| Included in retained earnings is £79,371 relating to unrealised gains on the revaluation of investment property.

12. | ULTIMATE CONTROLLING PARENT

| The controlling party is Westcourt (Cowes) Limited.