Company registration number 05317536 (England and Wales)
AMBER HOUSE LIMITED
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
AMBER HOUSE LIMITED
COMPANY INFORMATION
Directors
J C Kingham
C M V Bergwerf
M Stenkill
J Lennartsson
(Appointed 2 October 2025)
Company number
05317536
Registered office
The Old Dairy
Barcombe Mills Road
Barcombe
Lewes
East Sussex
BN8 5FF
Auditor
Buckley Watson Limited
57a Broadway
Leigh-on-Sea
Essex
SS9 1PE
AMBER HOUSE LIMITED
CONTENTS
Page
Strategic report
1 - 3
Directors' report
4
Directors' responsibilities statement
5
Independent auditor's report
6 - 9
Statement of comprehensive income
10
Balance sheet
11
Statement of changes in equity
12
Statement of cash flows
13
Notes to the financial statements
14 - 26
AMBER HOUSE LIMITED
STRATEGIC REPORT
FOR THE YEAR ENDED 31 DECEMBER 2025
- 1 -

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

Principal activities

The principal activity of the company continued to be that of Distribution within the Beauty & Personal Care Sector (e.g. skincare, cosmetics, personal care, and wellness items). The company continues to work closely with key Brand Principals and Manufacturers to procure high-quality products for sale within the UK and International markets and provides a full range of services from logistics through to sales and marketing support.

Trading performance review

The company has continued to grow its turnover with a n in crease of 20.3% to £15.48 million (202 4: £12.86 million. Gross profit has improved to 37.4% against 2024’s 30.1 % but this has been offset by a steep climb in marketing and promotional expenditure within distribution costs and the margin of profit after distribution has remained essentially level at 23.4% from 23.3%.
The directors are also pleased to announce an increase in profit before taxation to £2.12 million (202 4: £1.94 million) representing an impressive 9.4% improvement.
The directors also report that the Statement of Financial Position continues to show outstanding figures for both net current assets of £6.2 million (202 4: £4.7 million) and Net Asset Value of £6.2 million (202 4: £4.7 million).

Business environment

The UK economy in 2025 saw modest growth of around 1.2-1.5%, supported by easing inflation and gradual recovery in consumer confidence. Inflation averaged around 3-3.5%, remaining above target and continuing to pressure household finances.

Global supply chains continued to normalise through 2025, but volatility in shipping costs and geopolitical uncertainty kept freight prices and lead times unpredictable. Businesses largely maintained the stock strategies introduced in 2024 - consolidating shipments and maximising container loads - to manage cost pressures and safeguard margins.

AMBER HOUSE LIMITED
STRATEGIC REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 2 -
Principal risks and uncertainties

Management perceive the principal risks and uncertainties of the company to be the exposure of the company to credit risk, liquidity risk & market risk.
Credit risk
Credit risk is the risk that one party to a financial instrument will cause a financial loss for the other party by failing to discharge an obligation.
Management of credit control is a priority of the company and credit control is an ongoing focus and is u n dertaken in the form of regular periodic reviews to immediately identify overdue debts and establish the reason for non-payment. Where rectifications are needed, these are implemented quickly and if amounts due are still not forthcoming then legal remedies are sought.
Liquidity risk
Liquidity risk is the risk that the company will encounter difficulty in meeting its obligations associated with its financial liabilities.
The company regularly reviews its working capital requirements and responds quickly and appropriately where any potential shortfall is identified.
Market risk
Market risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market prices. Market risk comprises three types of risks: currency risk, interest rate risk and price risk however the directors do not consider interest rate risk to be a current issue as the company has no external financing and the day to day operations are financed through working capital.
Currency risk
The directors implement strategies to closely monitor FX exposure they encounter and have a periodic review to ensure their effectiveness in minimising the adverse impact of currency fluctuations on their financial performance and liquidity. Effective credit control risk management in the context of FX market risks is essential for safeguarding the company's financial stability and profitability in an increasingly globalism business environment.
Price risk
Price risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market prices (other than those arising from interest rate risk or currency risk), whether those changes are caused by factors specific to the individual financial instrument or its issuer, or factors affecting all similar financial instruments traded in the market. The directors identify and quantify potential risks associated with price fluctuations in raw materials, labour and other market variables and develop strategies to mitigate these risks.

Development and performance

Early trading in 2026 has been encouraging, with strong performance across key channels. Profitability is a focus but continued pressures on margin from retailer promotional expectations on key brands will continue throughout the year. Retailers remain highly resistant to any upward price adjustments, meaning this area will require careful commercial management.

Despite these challenges, the directors remain confident and anticipate another year of steady, sustained growth.

Key performance indicators

The directors consider that the key financial performance indicators are the turnover, gross margin and pre-tax results which are detailed in the trading results earlier in this Report.

AMBER HOUSE LIMITED
STRATEGIC REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 3 -
Other performance indicators

Non-financial key performance indicators are considered to be:

Product and service quality

Company and brand reputation

Stock availability

Environmental sustainability

Supply chain efficiency

On behalf of the board

J C Kingham
Director
3 March 2026
AMBER HOUSE LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2025
- 4 -

The directors present their annual report and financial statements for the year ended 31 December 2025.

Results and dividends

The results for the year are set out on page 10.

Ordinary dividends were paid amounting to £100,000. The directors do not recommend payment of a further dividend.

Directors

The directors who held office during the year and up to the date of signature of the financial statements were as follows:

J C Kingham
C M V Bergwerf
S Petren
(Resigned 2 October 2025)
M Stenkill
J Lennartsson
(Appointed 2 October 2025)
Disclosure of information in the Strategic Report

The company has chosen in accordance with Companies Act 2006, s. 414C(11) to set out in the company's strategic report information required by Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008, Sch. 7 to be contained in the directors' report. It has done so in respect of information that would have been included in the business review and the uncertainties paragraph.

Statement of disclosure to auditor

So far as each person who was a director at the date of approving this report is aware, there is no relevant audit information of which the company’s auditor is unaware. Additionally, the directors individually have taken all the necessary steps that they ought to have taken as directors in order to make themselves aware of all relevant audit information and to establish that the company’s auditor is aware of that information.

On behalf of the board
J C Kingham
Director
3 March 2026
AMBER HOUSE LIMITED
DIRECTORS' RESPONSIBILITIES STATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2025
- 5 -

The directors are responsible for preparing the annual report 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 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; and

- 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.

AMBER HOUSE LIMITED
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF AMBER HOUSE LIMITED
- 6 -
Opinion

We have audited the financial statements of Amber House Limited (the 'company') for the year ended 31 December 2025 which comprise the statement of comprehensive income, the balance sheet, the statement of changes in equity, the statement of cash flows and notes to the financial statements, including 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 December 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 Auditor's 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 other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The directors are responsible for the other information contained within the annual report. 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. 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 course of 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 our audit:

- the information given in the strategic report and the directors' r eport for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- the strategic report and the directors' report have been prepared in accordance with applicable legal requirements.

AMBER HOUSE LIMITED
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF AMBER HOUSE LIMITED (CONTINUED)
- 7 -
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 identifie d material misstatements in the strategic report or the directors' r eport.

We have nothing to report in respect of the following matters in relation to which 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 directors' r esponsibilities s tatement, 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 is 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.

Auditor's 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 an auditor's report 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.

Capability of the audit in detecting irregularities, including fraud

The objectives of our audit are to identify and assess the risks of material misstatement of the financial statements due to fraud or error; to obtain sufficient appropriate evidence regarding the assessed risks of material misstatement due to fraud or error, and to respond appropriately to those risks.

Based on our understanding of the company and industry, and through discussions with the directors and other management (as required by auditing standards), we identified that the principal risks of non-compliance with laws and regulations required by product data compliance, health and safety, employment law, data protection, and anti-bribery laws. We considered those laws and regulations that have a direct impact on the preparation of the financial statements such as the Companies Act 2006, UK GAAP and taxation. We communicated identified laws and regulations throughout our team and remained alert to any indications of non-compliance throughout the audit. We evaluated management's incentive and opportunities for fraudulent manipulation of the financial statements (including the risk of management override of controls) and determined that the principal risks were related to the positing of inappropriate journal entries. Audit procedures performed by the engagement team included:

- Discussions with management and assessment of known or suspected instances of non-compliance with laws and regulations and fraud, and review of the reports made by management.

- Performing analytical procedures to identify any unusual or unexpected relationships, including related party transactions, that may indicate risks of material misstatement due to fraud.

- Auditing the risk of management override of controls, including through testing journal entries at the year end and post year end, and other adjustments for appropriateness, and evaluating the business rationale of significant transactions outside the normal course of business.

- Testing was undertaken on random items in the balance sheet and the performance statement to avoid predictability in our testing.

AMBER HOUSE LIMITED
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF AMBER HOUSE LIMITED (CONTINUED)
- 8 -

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with laws and regulations. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance.

As part of an audit in accordance with ISAs (UK), we exercise professional judgement and maintain professional scepticism throughout the audit.

- 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. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting form error, as fraud may involve collusion, forgery, internal omissions, misrepresentation, or the override of internal controls.

- Obtain an understanding of internal controls relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion of the effectiveness of the Company's internal control.

- Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the directors.

- Conclude on the appropriateness of the director' use of the going concern basis of accounting and, based on the evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention to our Auditors' report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our Auditors' report. However, future events or conditions may cause the Company to cease to continue as a going concern.

- Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. transactions outside the normal course of business.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during the audit.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Other matters which we are required to address

A prior period adjustment was required within the financial statements to 31 December 2025. Further details of this prior period adjustment can be found at Note 21.

AMBER HOUSE LIMITED
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF AMBER HOUSE LIMITED (CONTINUED)
- 9 -

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 an auditor's report 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.

Spencer Watson FCA (Senior Statutory Auditor)
For and on behalf of Buckley Watson Limited, Statutory Auditor
Chartered Accountants
57a Broadway
Leigh-on-Sea
Essex
SS9 1PE
3 March 2026
AMBER HOUSE LIMITED
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 DECEMBER 2025
- 10 -
2025
2024
as restated
Notes
£
£
Turnover
3
15,481,463
12,864,600
Cost of sales
(9,695,601)
(8,988,137)
Gross profit
5,785,862
3,876,463
Distribution costs
(2,168,279)
(878,219)
Administrative expenses
(1,494,255)
(1,058,201)
Operating profit
4
2,123,328
1,940,043
Interest receivable and similar income
7
41,617
37,165
Profit before taxation
2,164,945
1,977,208
Tax on profit
8
(563,392)
(486,000)
Profit for the financial year
1,601,553
1,491,208

The figures above for the period ended 31 December 2024 are restated due to a prior period adjustment, details of which can be found at note 21.

AMBER HOUSE LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2025
31 December 2025
- 11 -
2025
2024
as restated
Notes
£
£
£
£
Fixed assets
Tangible assets
10
5,881
4,082
Investments
11
47,010
47,010
52,891
51,092
Current assets
Stocks
13
2,759,242
1,818,612
Debtors
14
4,873,811
4,142,066
Cash at bank and in hand
1,616,003
1,173,354
9,249,056
7,134,032
Creditors: amounts falling due within one year
15
(3,039,639)
(2,435,738)
Net current assets
6,209,417
4,698,294
Total assets less current liabilities
6,262,308
4,749,386
Provisions for liabilities
Deferred tax liability
16
13,213
1,844
(13,213)
(1,844)
Net assets
6,249,095
4,747,542
Capital and reserves
Called up share capital
18
100
100
Profit and loss reserves
6,248,995
4,747,442
Total equity
6,249,095
4,747,542

These financial statements have been prepared in accordance with the provisions relating to medium-sized companies.

The financial statements were approved by the board of directors and authorised for issue on 3 March 2026 and are signed on its behalf by:
J C Kingham
C M V Bergwerf
Director
Director
Company registration number 05317536 (England and Wales)
AMBER HOUSE LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2025
- 12 -
Share capital
Profit and loss reserves
Total
Notes
£
£
£
As restated for the period ended 31 December 2024:
Balance at 1 January 2024
100
3,256,234
3,256,334
Year ended 31 December 2024:
Profit and total comprehensive income
-
1,491,208
1,491,208
Balance at 31 December 2024
100
4,747,442
4,747,542
Year ended 31 December 2025:
Profit and total comprehensive income
-
1,601,553
1,601,553
Dividends
9
-
(100,000)
(100,000)
Balance at 31 December 2025
100
6,248,995
6,249,095
AMBER HOUSE LIMITED
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 13 -
2025
2024
as restated
Notes
£
£
£
£
Cash flows from operating activities
Cash generated from/(absorbed by) operations
22
1,594,671
(426,943)
Income taxes paid
(1,089,145)
(344,350)
Net cash inflow/(outflow) from operating activities
505,526
(771,293)
Investing activities
Purchase of tangible fixed assets
(4,494)
-
0
Interest received
39,367
37,165
Dividends received
2,250
-
0
Net cash generated from investing activities
37,123
37,165
Financing activities
Dividends paid
(100,000)
-
0
Net cash used in financing activities
(100,000)
-
Net increase/(decrease) in cash and cash equivalents
442,649
(734,128)
Cash and cash equivalents at beginning of year
1,173,354
1,907,482
Cash and cash equivalents at end of year
1,616,003
1,173,354
AMBER HOUSE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 14 -
1
Accounting policies
Company information

Amber House Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Old Dairy, Barcombe Mills Road, Barcombe, Lewes, East Sussex, BN8 5FF.

1.1
Basis of preparation

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 a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of investments at fair value. The principal accounting policies adopted are set out below.

1.2
Going concern

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

1.3
Revenue

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

The nature, timing of satisfaction of performance obligations and significant payment terms of the company's major sources of revenue are as follows:

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Revenue from commissions is accounted for on a receivable basis and is recognised in the accounting period in which the work was performed.

Other income

Dividend income from investments is recognised when the shareholder's right to receive payment has been established.

Interest income is recognised when it is probable that the economic benefits will flow to the company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding and the effective interest rate applicable.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Equipment
20% straight line
AMBER HOUSE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 15 -

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

1.6
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.7
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Cost is calculated using the FIFO method.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.8
Cash and cash equivalents

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 within borrowings in current liabilities.

1.9
Financial instruments

The company 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 company's balance sheet when the company 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.

AMBER HOUSE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 16 -
Other financial assets

Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss, except that investments in equity instruments that are not publicly traded and whose fair values cannot be measured reliably are measured at cost less impairment.

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, 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 paymen ts 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. A m ounts 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 method.

AMBER HOUSE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 17 -
Other financial liabilities

Derivatives, including interest rate swaps and forward foreign exchange contracts, are not basic financial instruments. Derivatives are initially recognised at fair value on the date a derivative contract is entered into and are s ubsequently re-measured at their fair value. Changes in the fair value of derivatives are recognised in profit or loss in finance costs or finance income as appropriate, unless hedge accounting is applied and the hedge is a cash flow hedge.

Debt instruments that do not meet the conditions in FRS 102 paragraph 11.9 are subsequently measured at fair value through profit or loss. Debt instruments may be designated as being measured at fair value th r ough profit or loss to eliminate or reduce an accounting mismatch or if the instruments are measured and their performance evaluated on a fair value basis in accordance with a documented risk management or investment strategy.

Derecognition of financial liabilities

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

1.10
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.11
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

AMBER HOUSE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 18 -
1.12
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.13
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.14
Leases
As lessee

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are 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.

Critical judgements

The following judgements (apart from those involving estimates) have had the most significant effect on amounts recognised in the financial statements.

Accruals

The company recognizes accruals for expenses that have been incurred but not yet invoiced or paid at the reporting date. Accruals are based on estimates of the amount and timing of the expense to be recogni s ed.

- Judg e ments: Management must assess the likelihood and amount of the liability, especially for costs such as retros, over-riders, commissions and promotional allowances, and supplier invoices that have not been received at the reporting date.

- Key Sources of Estimation: Historical usage, contractual agreements, and supplier estimates.

Stock impairment

The company recogn ise s likely impairment on stock lines which are no longer being listed by customers or are likely to be over-stocked in quantity at the reporting date. Impairment provisions are based on estimates on an ongoing basis.

- Judg e ments: Management must assess the likelihood of discounts needed to be applied to clear de-listed lines and the probable volume of overstocked goods which will not be cleared under present conditions.

- Key Sources of Estimation: Historical usage, contractual agreements, and data regarding number of sales sales in stock.

AMBER HOUSE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 19 -
3
Turnover and other revenue
2025
2024
£
£
Turnover analysed by class of business
Sales of goods and services
15,086,578
12,338,274
Commissions receivable
394,885
526,326
15,481,463
12,864,600
2025
2024
£
£
Turnover analysed by geographical market
UK
14,607,958
11,471,872
Europe
265,919
718,079
North America
494,830
609,548
Oceania
111,589
12,781
Rest of world
1,167
52,320
15,481,463
12,864,600
2025
2024
£
£
Other revenue
Interest income
39,367
37,165
Dividends received
2,250
-
4
Operating profit
2025
2024
Operating profit for the year is stated after charging:
£
£
Exchange losses
27,210
7,405
Fees payable to the company's auditor for the audit of the company's financial statements
13,850
12,000
Depreciation of tangible fixed assets
2,508
2,192
Loss on disposal of tangible fixed assets
187
-
Operating lease charges
20,120
20,460
5
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
12
11
AMBER HOUSE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
5
Employees
(Continued)
- 20 -

Their aggregate remuneration comprised:

2025
2024
£
£
Wages and salaries
835,929
531,962
Social security costs
114,342
46,722
Pension costs
7,803
4,540
958,074
583,224
6
Directors' remuneration
2025
2024
£
£
Remuneration for qualifying services
366,000
140,000
Remuneration disclosed above include the following amounts paid to the highest paid director:
2025
2024
£
£
Remuneration for qualifying services
183,000
-
7
Interest receivable and similar income
2025
2024
£
£
Interest income
Interest receivable from group companies
39,367
36,896
Other interest income
-
0
269
Total interest revenue
39,367
37,165
Other income from investments
Dividends received
2,250
-
0
Total income
41,617
37,165
2025
2024
Investment income includes the following:
£
£
Interest on financial assets not measured at fair value through profit or loss
39,367
36,896
AMBER HOUSE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 21 -
8
Taxation
2025
2024
£
£
Current tax
UK corporation tax on profits for the current period
540,570
486,000
Adjustments in respect of prior periods
11,453
-
0
Total current tax
552,023
486,000
Deferred tax
Origination and reversal of timing differences
11,369
-
0
Total tax charge
563,392
486,000

The actual charge for the year can be reconciled to the expected charge for the year based on the profit or loss and the standard rate of tax as follows:

2025
2024
£
£
Profit before taxation
2,164,945
1,977,208
Expected tax charge based on the standard rate of corporation tax in the UK of 25.00% (2024: 25.00%)
541,236
494,302
Tax effect of expenses that are not deductible in determining taxable profit
3,098
3,150
Adjustments in respect of prior years
11,452
-
0
Other permanent differences
7,606
(11,452)
Taxation charge for the year
563,392
486,000
9
Dividends
2025
2024
£
£
Final paid
100,000
-
0
AMBER HOUSE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 22 -
10
Tangible fixed assets
Equipment
£
Cost
At 1 January 2025
45,174
Additions
4,494
Disposals
(10,520)
At 31 December 2025
39,148
Depreciation and impairment
At 1 January 2025
41,092
Depreciation charged in the year
2,508
Eliminated in respect of disposals
(10,333)
At 31 December 2025
33,267
Carrying amount
At 31 December 2025
5,881
At 31 December 2024
4,082
11
Fixed asset investments
2025
2024
Notes
£
£
Investments in subsidiaries
12
10
10
Other investments
47,000
47,000
47,010
47,010
Fixed asset investments revalued

The fixed assets investments were revalued at 31/12/23 by the directors at fair value. The basis of valuation was deemed to be net asset value and the assumptions underlying the valuation model was core Balance Sheet value in conjunction with ongoing and improved profitability. The change in fair value of £46,990 was recognised through profit or loss.

Further reviews of fair value of the investment were undertaken at 31/12/24 & 31/12/25 and there was deemed to be an insignificant difference from the prior year.

The historic cost of investments is £20.

12
Subsidiaries

Details of the company's subsidiaries at 31 December 2025 are as follows:

Name of undertaking
Registered office
Class of
% Held
shares held
Direct
Amber House (NI Holdings) Limited
Forsyth House, Cromac Square, Belfast, Antrim, Northern Ireland, BT2 8LA
Ordinary
100.00
AMBER HOUSE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 23 -
13
Stocks
2025
2024
£
£
Finished goods and goods for resale
2,759,242
1,818,612

Stock impairment provision at the year-end is £193,591 (2024: £205,380)

Many suppliers of stock lines include a reservation of title clause such that the amounts owed to those suppliers and included within trade creditors are secured against the stock held by the company. The maximum value of trade creditors which could be secured this way is £1,053,806 (2024: £985,983)

14
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
3,090,678
2,533,296
Corporation tax recoverable
51,122
-
0
Amounts owed by group undertakings
1,623,047
1,551,221
Other debtors
23,097
-
0
Prepayments and accrued income
85,867
57,549
4,873,811
4,142,066

Trade debtors are subject to a debenture charge over the book debts of the company as part of a financing agreements between the parent company Humble Group AB and its bankers.

15
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
1,059,076
1,110,022
Amounts owed to group undertakings
172,215
94,078
Corporation tax
-
0
486,000
Other taxation and social security
943,684
387,797
Accruals and deferred income
864,664
357,841
3,039,639
2,435,738
AMBER HOUSE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 24 -
16
Deferred taxation

The following are the major deferred tax liabilities and assets recognised by the company and movements thereon:

Liabilities
Liabilities
2025
2024
Balances:
£
£
Accelerated capital allowances
13,213
1,844
2025
Movements in the year:
£
Liability at 1 January 2025
1,844
Charge to profit or loss
11,369
Liability at 31 December 2025
13,213

The deferred tax liability set out above is expected to reverse and relates to accelerated capital allowances that are expected to mature within the same period.

17
Retirement benefit schemes
2025
2024
Defined contribution schemes
£
£
Charge to profit or loss in respect of defined contribution schemes
7,803
4,540

The company operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the company in an independently administered fund.

18
Share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of £1 each
100
100
100
100
19
Related party transactions
Transactions with related parties

The Company has taken advantage of exemption, under paragraph IAC.35 and 33.1A 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.

AMBER HOUSE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 25 -
20
Ultimate controlling party

The smallest and largest group of undertakings for which group accounts are drawn up and of which the company is a member, is Humble Group AB, a public entity registered in Sweden at the following address:

BIngmar Bergmans gata 2,

114 34 Stockholm

21
Prior period adjustment

During the year, the directors reviewed the company’s accounting treatment of promotional and marketing expenditure specifically in respect of retros, overriders and other other unit based discounts applied directly by customers as part of advertising campaigns..

As a result of this review, such costs were reclassified as distribution costs rather than being treated under administrative expenditure. The directors consider that the revised polic y provide s a more accurate reflection of the nature of the expenditure involved.

The changes have been applied retrospectively, resulting in a prior period adjustment with c ompar a tive figures hav ing been restated. Distribution costs have been increased by £420,470 to £878,219 and administrative expenses have been reduced by £420,470 to £1,058,201.

There has been no impact on the Balance Sheet.

Adjustments to equity
The prior period adjustments do not give rise to any effect upon equity.
22
Cash generated from/(absorbed by) operations
2025
2024
£
£
Profit after taxation
1,601,553
1,491,208
Adjustments for:
Taxation charged
563,392
486,000
Investment income
(41,617)
(37,165)
Loss on disposal of tangible fixed assets
187
-
Depreciation and impairment of tangible fixed assets
2,508
2,192
Movements in working capital:
Increase in stocks
(940,630)
(625,629)
Increase in debtors
(680,623)
(1,806,992)
Increase in creditors
1,089,901
63,443
Cash generated from/(absorbed by) operations
1,594,671
(426,943)
AMBER HOUSE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 26 -
23
Analysis of changes in net funds
1 January 2025
Cash flows
31 December 2025
£
£
£
Cash at bank and in hand
1,173,354
442,649
1,616,003
2025-12-31 2025-01-01 false false false CCH Software CCH Accounts Production 2025.300 J C Kingham C M V Bergwerf S Petren M Stenkill J Lennartsson 05317536 2025-01-01 2025-12-31 05317536 bus:Director1 2025-01-01 2025-12-31 05317536 bus:Director2 2025-01-01 2025-12-31 05317536 bus:Director4 2025-01-01 2025-12-31 05317536 bus:Director5 2025-01-01 2025-12-31 05317536 bus:Director3 2025-01-01 2025-12-31 05317536 bus:RegisteredOffice 2025-01-01 2025-12-31 05317536 2025-12-31 05317536 2024-01-01 2024-12-31 05317536 core:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 05317536 core:RetainedEarningsAccumulatedLosses 2025-01-01 2025-12-31 05317536 2024-12-31 05317536 core:ComputerEquipment 2025-12-31 05317536 core:ComputerEquipment 2024-12-31 05317536 core:CurrentFinancialInstruments 2025-12-31 05317536 core:CurrentFinancialInstruments 2024-12-31 05317536 core:ShareCapital 2025-12-31 05317536 core:ShareCapital 2024-12-31 05317536 core:RetainedEarningsAccumulatedLosses 2025-12-31 05317536 core:RetainedEarningsAccumulatedLosses 2024-12-31 05317536 core:ShareCapital 2023-12-31 05317536 core:RetainedEarningsAccumulatedLosses 2023-12-31 05317536 core:ShareCapitalOrdinaryShareClass1 2025-12-31 05317536 core:ShareCapitalOrdinaryShareClass1 2024-12-31 05317536 2024-12-31 05317536 2023-12-31 05317536 core:ComputerEquipment 2025-01-01 2025-12-31 05317536 core:UKTax 2025-01-01 2025-12-31 05317536 core:UKTax 2024-01-01 2024-12-31 05317536 1 2025-01-01 2025-12-31 05317536 1 2024-01-01 2024-12-31 05317536 core:ComputerEquipment 2024-12-31 05317536 core:Non-currentFinancialInstruments 2025-12-31 05317536 core:Non-currentFinancialInstruments 2024-12-31 05317536 core:Subsidiary1 2025-01-01 2025-12-31 05317536 core:Subsidiary1 1 2025-01-01 2025-12-31 05317536 bus:OrdinaryShareClass1 2025-01-01 2025-12-31 05317536 bus:OrdinaryShareClass1 2025-12-31 05317536 bus:OrdinaryShareClass1 2024-12-31 05317536 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 05317536 bus:FRS102 2025-01-01 2025-12-31 05317536 bus:Audited 2025-01-01 2025-12-31 05317536 bus:FullAccounts 2025-01-01 2025-12-31 xbrli:pure xbrli:shares iso4217:GBP