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REGISTERED NUMBER: 02510645 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

CASSIDY & ASHTON GROUP LIMITED

CASSIDY & ASHTON GROUP LIMITED (REGISTERED NUMBER: 02510645) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| CASSIDY & ASHTON GROUP LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

| DIRECTORS: | A E P Baines

| A P Cassidy

| P Gornall

| D T Owen

| C B Taylor

| D Parkinson

| T L McBurney

| REGISTERED OFFICE: | 7 East Cliff

| Preston

| Lancashire

| PR1 3JE

| REGISTERED NUMBER: | 02510645 (England and Wales)

| ACCOUNTANTS: | Fortus Limited

| 3 Park Square East

| Leeds

| LS1 2NE

CASSIDY & ASHTON GROUP LIMITED (REGISTERED NUMBER: 02510645) |

BALANCE SHEET

31 MARCH 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 89,617 |  | 98,685 |  |

89,617 |  | 98,685 |  |

CURRENT ASSETS

Debtors | 6 | 3,769,003 |  | 3,264,675 |  |

Cash at bank and in hand | 1,597,048 |  | 1,438,208 |  |

5,366,051 |  | 4,702,883 |  |

CREDITORS

Amounts falling due within one year | 7 | 1,614,273 |  | 1,720,738 |  |

NET CURRENT ASSETS | 3,751,778 |  | 2,982,145 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 3,841,395 |  | 3,080,830 |  |

PROVISIONS FOR LIABILITIES | 22,404 |  | 27,416 |  |

NET ASSETS | 3,818,991 |  | 3,053,414 |  |

CAPITAL AND RESERVES

Called up share capital | 93,550 |  | 93,550 |  |

Share premium | 175,678 |  | 175,678 |  |

Capital redemption reserve | 49,464 |  | 49,464 |  |

Retained earnings | 3,500,299 |  | 2,734,722 |  |

SHAREHOLDERS' FUNDS | 3,818,991 |  | 3,053,414 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

CASSIDY & ASHTON GROUP LIMITED (REGISTERED NUMBER: 02510645) |

BALANCE SHEET - continued

31 MARCH 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 9 February 2026 and were signed on its behalf by:

A E P Baines - Director

CASSIDY & ASHTON GROUP LIMITED (REGISTERED NUMBER: 02510645) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | STATUTORY INFORMATION

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

| Turnover

| The turnover shown in the profit and loss accounts represents amounts invoiced during the year exclusive of Value Added Tax.

| The revenue recognised in measured by reference to the amounts likely to be chargeable to clients, less a suitable allowance to recognise the uncertainties remaining in the completion of obligations. Contingent income is recognised only once the contingent element is assured.

| Goodwill

| Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of 10 years based on discounted anticipated cash flows.

| 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.

| Short leasehold | - | 14% on cost

| Plant and machinery | - | 25% on reducing balance

| 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.

CASSIDY & ASHTON GROUP LIMITED (REGISTERED NUMBER: 02510645) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| 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.

| Going concern

| At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the

| financial statements.

| Cash at bank and in hand

| Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown with borrowings in current liabilities

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 54 (2024 - 57 ) .

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 April 2024

| and 31 March 2025 | 2,000,000 |  |

| AMORTISATION

| At 1 April 2024

| and 31 March 2025 | 2,000,000 |  |

| NET BOOK VALUE

| At 31 March 2025 | - |  |

| At 31 March 2024 | - |  |

CASSIDY & ASHTON GROUP LIMITED (REGISTERED NUMBER: 02510645) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

5. | TANGIBLE FIXED ASSETS

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST

| At 1 April 2024 | 2,415 |  | 342,797 |  | 345,212 |  |

| Additions | - |  | 17,647 |  | 17,647 |  |

| At 31 March 2025 | 2,415 |  | 360,444 |  | 362,859 |  |

| DEPRECIATION

| At 1 April 2024 | 2,415 |  | 244,112 |  | 246,527 |  |

| Charge for year | - |  | 26,715 |  | 26,715 |  |

| At 31 March 2025 | 2,415 |  | 270,827 |  | 273,242 |  |

| NET BOOK VALUE

| At 31 March 2025 | - |  | 89,617 |  | 89,617 |  |

| At 31 March 2024 | - |  | 98,685 |  | 98,685 |  |

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

2025 | 2024 |

£ | £ |

| Trade debtors | 1,053,208 |  | 1,319,326 |  |

| Amounts recoverable on contracts | 381,450 |  | 392,645 |  |

| Directors' current accounts | 1,633,059 |  | 1,032,905 |  |

| Tax | 575,352 |  | 372,800 |  |

| Prepayments and accrued income | 125,934 |  | 146,999 |  |

3,769,003 |  | 3,264,675 |  |

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

2025 | 2024 |

£ | £ |

| Trade creditors | 212,934 |  | 303,127 |  |

| Corporation tax | 543,255 |  | 629,574 |  |

| Social security and other taxes | 202,832 |  | 206,517 |  |

| Other creditors | 64,338 |  | 62,082 |  |

| Directors' current accounts | 3,902 |  | 2,551 |  |

| Accrued expenses | 587,012 |  | 516,887 |  |

1,614,273 |  | 1,720,738 |  |

8. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| At 31 March 2025 Director 1owed the company a sum of £27,295 (2024 - £238,668); Director 2 owed the company a sum of £53,996 (2024: £517,535); Director 3 owed the company a sum of £92,307 (2024: £46,122;, Director 4 owed the company a sum of £42,445 (2024: £47,157;, Director 5 owed the company a sum of £51,301 (2024: £95,192); Director 6 owed the company a sum of £76,079 (2024: £88,231) and Director 7 owed the copany a sum of £44,550 (2024: £2,551 owing from the company).