IRIS Accounts Production v25.4.12.37 00169844 Board of Directors 1.1.25 31.12.25 31.12.25 Medium entities retail sales of business machines, office furnishings, and commercial stationery. true false true true false false true false These accounts have been prepared in accordance with the provisions applicable to companies subject to the medium-sized companies regime. Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 00169844 2024-12-31 00169844 2025-12-31 00169844 2025-01-01 2025-12-31 00169844 2023-12-31 00169844 2024-01-01 2024-12-31 00169844 2024-12-31 00169844 ns15:EnglandWales 2025-01-01 2025-12-31 00169844 ns14:PoundSterling 2025-01-01 2025-12-31 00169844 ns10:Director1 2025-01-01 2025-12-31 00169844 ns10:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 00169844 ns10:MediumEntities 2025-01-01 2025-12-31 00169844 ns10:Audited 2025-01-01 2025-12-31 00169844 ns10:Medium-sizedCompaniesRegimeForDirectorsReport 2025-01-01 2025-12-31 00169844 ns10:Medium-sizedCompaniesRegimeForAccounts 2025-01-01 2025-12-31 00169844 ns10:FullAccounts 2025-01-01 2025-12-31 00169844 ns10:OrdinaryShareClass1 2025-01-01 2025-12-31 00169844 ns10:Director2 2025-01-01 2025-12-31 00169844 ns10:Director3 2025-01-01 2025-12-31 00169844 ns10:Director4 2025-01-01 2025-12-31 00169844 ns10:Director5 2025-01-01 2025-12-31 00169844 ns10:CompanySecretary1 2025-01-01 2025-12-31 00169844 ns10:RegisteredOffice 2025-01-01 2025-12-31 00169844 1 2025-01-01 2025-12-31 00169844 1 2024-01-01 2024-12-31 00169844 ns5:CurrentFinancialInstruments 2025-12-31 00169844 ns5:CurrentFinancialInstruments 2024-12-31 00169844 ns5:Non-currentFinancialInstruments 2025-12-31 00169844 ns5:Non-currentFinancialInstruments 2024-12-31 00169844 ns5:ShareCapital 2025-12-31 00169844 ns5:ShareCapital 2024-12-31 00169844 ns5:RevaluationReserve 2025-12-31 00169844 ns5:RevaluationReserve 2024-12-31 00169844 ns5:RetainedEarningsAccumulatedLosses 2025-12-31 00169844 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 00169844 ns5:ShareCapital 2023-12-31 00169844 ns5:RetainedEarningsAccumulatedLosses 2023-12-31 00169844 ns5:RevaluationReserve 2023-12-31 00169844 ns5:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 00169844 ns5:RevaluationReserve 2024-01-01 2024-12-31 00169844 ns5:RetainedEarningsAccumulatedLosses 2025-01-01 2025-12-31 00169844 ns5:RevaluationReserve 2025-01-01 2025-12-31 00169844 ns5:OwnedOrFreeholdAssets ns5:LandBuildings 2025-01-01 2025-12-31 00169844 ns5:FurnitureFittings 2025-01-01 2025-12-31 00169844 ns5:MotorVehicles 2025-01-01 2025-12-31 00169844 ns10:HighestPaidDirector 2025-01-01 2025-12-31 00169844 ns10:HighestPaidDirector 2024-01-01 2024-12-31 00169844 ns5:OwnedAssets 2025-01-01 2025-12-31 00169844 ns5:OwnedAssets 2024-01-01 2024-12-31 00169844 ns5:LeasedAssets 2025-01-01 2025-12-31 00169844 ns5:LeasedAssets 2024-01-01 2024-12-31 00169844 ns5:HirePurchaseContracts 2025-01-01 2025-12-31 00169844 ns5:HirePurchaseContracts 2024-01-01 2024-12-31 00169844 ns5:LandBuildings 2024-12-31 00169844 ns5:FurnitureFittings 2024-12-31 00169844 ns5:MotorVehicles 2024-12-31 00169844 ns5:LandBuildings 2025-01-01 2025-12-31 00169844 ns5:LandBuildings 2025-12-31 00169844 ns5:FurnitureFittings 2025-12-31 00169844 ns5:MotorVehicles 2025-12-31 00169844 ns5:LandBuildings 2024-12-31 00169844 ns5:FurnitureFittings 2024-12-31 00169844 ns5:MotorVehicles 2024-12-31 00169844 ns5:LeasedAssetsHeldAsLessee ns5:MotorVehicles 2024-12-31 00169844 ns5:LeasedAssetsHeldAsLessee ns5:MotorVehicles 2025-01-01 2025-12-31 00169844 ns5:LeasedAssetsHeldAsLessee ns5:MotorVehicles 2025-12-31 00169844 ns5:LeasedAssetsHeldAsLessee ns5:MotorVehicles 2024-12-31 00169844 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-12-31 00169844 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 00169844 ns5:WithinOneYear ns5:HirePurchaseContracts 2025-12-31 00169844 ns5:WithinOneYear ns5:HirePurchaseContracts 2024-12-31 00169844 ns5:HirePurchaseContracts ns5:BetweenOneFiveYears 2025-12-31 00169844 ns5:HirePurchaseContracts ns5:BetweenOneFiveYears 2024-12-31 00169844 ns5:HirePurchaseContracts 2025-12-31 00169844 ns5:HirePurchaseContracts 2024-12-31 00169844 ns5:WithinOneYear ns5:CurrentFinancialInstruments ns5:HirePurchaseContracts 2025-12-31 00169844 ns5:WithinOneYear ns5:CurrentFinancialInstruments ns5:HirePurchaseContracts 2024-12-31 00169844 ns5:WithinOneYear 2025-12-31 00169844 ns5:WithinOneYear 2024-12-31 00169844 ns5:BetweenOneFiveYears 2025-12-31 00169844 ns5:BetweenOneFiveYears 2024-12-31 00169844 ns5:AllPeriods 2025-12-31 00169844 ns5:AllPeriods 2024-12-31 00169844 ns5:DeferredTaxation 2024-12-31 00169844 ns5:DeferredTaxation 2025-01-01 2025-12-31 00169844 ns5:DeferredTaxation 2025-12-31 00169844 ns10:OrdinaryShareClass1 2025-12-31 00169844 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 00169844 ns5:RevaluationReserve 2024-12-31

REGISTERED NUMBER: 00169844 (England and Wales)

Strategic Report, Report of the Directors and

Financial Statements for the Year Ended 31 December 2025

for

H.Jenkinson & Company Limited

H.Jenkinson & Company Limited (Registered number: 00169844)

Contents of the Financial Statements

for the Year Ended 31 December 2025

Page |

Company Information | 1 |

Strategic Report | 2 |

Report of the Directors | 4 |

Report of the Independent Auditors | 5 |

Statement of Comprehensive Income | 8 |

Balance Sheet | 9 |

Statement of Changes in Equity | 10 |

Cash Flow Statement | 11 |

Notes to the Cash Flow Statement | 12 |

Notes to the Financial Statements | 14 |

H.Jenkinson & Company Limited

Company Information

for the Year Ended 31 December 2025

| DIRECTORS: | C W Mills

| M Baker

| J Mills

| B King

| A C Mills

| SECRETARY: | Mrs S A Baker

| REGISTERED OFFICE: | Kitling Road

| Knowsley Business Park

| Prescot

| Merseyside

| L34 9JR

| REGISTERED NUMBER: | 00169844 (England and Wales)

| AUDITORS: | DJH Audit Limited

| Statutory Auditor

| 3rd Floor Pacific Chambers

| 11-13 Victoria Street

| Liverpool

| Merseyside

| L2 5QQ

H.Jenkinson & Company Limited (Registered number: 00169844)

Strategic Report

for the Year Ended 31 December 2025

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

REVIEW OF BUSINESS

In 2025, the company recorded turnover of £12.1m (2024: £13.0m).

Key Performance Indicators

We focused on increasing our profitability. Our fixed costs and profit margins were both within budget.

During the year the company maintained its qualification for;

- |  | ISO 9001:2015 (Quality Management Systems) |

- |  | ISO 14001:2015 (Environmental Management Systems) |

- |  | FSC - Chain of Custody (Sustainable Procurement) |

- |  | ISO 27001 (Information Security Management) |

These accreditations underline the company's commitment to supplying high quality sustainable products and services.

PRINCIPAL RISKS AND UNCERTAINTIES

The company is exposed to a range of risks in the ordinary course of business. The principal risks and mitigating actions adopted are set out below:

Supply Chain and Commodity Risk

The company is aware that global supply issues especially in commodity pricing can/and does affect our supply partners in the UK - both in terms of price but also availability. The company works closely with its key suppliers to ensure a reliable and stable supply of products. Where possible we have dual sourcing on all key products with multi year agreed pricing. Additionally, we maintain proactive inventory management, and stock levels to elevate any supply issues.

Credit Risks

The company manages credit risk by applying defined credit limits with all customers, supported by active and professional credit control.

Contract Renewals

The company maintains positions on many National and Local frameworks for the supply of office furniture. These frameworks cover.

- |  | NHS Supply Chain |

- |  | Local Government in Northwest |

- |  | Local Government in Yorkshire and Northeast |

- |  | Welsh Government |

- |  | Large International Corporations |

The company identifies the risk when these frameworks come to an end and there is the risk of not being awarded them in the future. The company in 2025 has renewed all its major framework contracts for a further 3 years; plus, in 2025 we have successfully been awarded several large contracts across the UK - therefore expanding our customer base.

Staff Shortages

The company is aware of the risk of staff retention in its core asset of its staff. We have managed this successfully in 2025, by:

- |  | Focusing on staff wellbeing and welfare |

- |  | Establishing a staff forum - where any issues can be discussed openly and presented to senior |

| management |

- |  | Reiterating we are an equal opportunities company, who values all staff regardless of gender, |

| sexuality, race or disability |

- |  | The company is both an equal pay employer and a living wage employer with no zero-hour contracts |

H.Jenkinson & Company Limited (Registered number: 00169844)

Strategic Report

for the Year Ended 31 December 2025

SUSTAINABILITY

The company recognises its wide responsibilities and is committed to delivering against its environmental, social and governance (ESG) strategy. Oversight of our ESG activities is provided by a team of staff and senior management.

Our initiatives include;

- |  | Volunteering in charities and activities beneficial to communities across UK. E.g. Park clearing in |

| Blackpool, litter picking in Dudley. |

- |  | Donations through charity fund to deserving causes identified by staff. |

- |  | Use of renewable energy at our warehouse. |

- |  | Expansion of our move to full electric and hybrid vehicles, from petrol/diesel. |

Through these programmes we commit to operating a responsible business and contribute positively to the communities we operate in.

DEVELOPMENT AND PERFORMANCE

Strategic priorities for 2026 include;

- |  | Geographical Expansion. In 2026 with the success of our tender team; we will continue to expand our |

| geographical areas of supply across the UK especially in Wales. |

- |  | Establish Internet Solution. In 2026 we will expand our internet offering to include a operational B to C |

| site for direct purchases of furniture throughout the UK. |

FUTURE DEVELOPMENT

2026 has started well and the Directors remain confidant of their strategy to continue to deliver sustainable long-term growth and profitability.

ON BEHALF OF THE BOARD:

C W Mills - Director

12 March 2026

H.Jenkinson & Company Limited (Registered number: 00169844)

Report of the Directors

for the Year Ended 31 December 2025

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

DIVIDENDS

No dividends will be distributed for the year ended 31 December 2025.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 January 2025 to the date of this report.

C W Mills

M Baker

J Mills

B King

A C Mills

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). 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 ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS

The auditors, DJH Audit Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

C W Mills - Director

12 March 2026

Report of the Independent Auditors to the Members of

H.Jenkinson & Company Limited

Opinion

We have audited the financial statements of H.Jenkinson & Company Limited (the 'company') for the year ended 31 December 2025 which comprise the Statement of 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 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 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.

Report of the Independent Auditors to the Members of

H.Jenkinson & Company Limited

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.

- |  | Identifying and assessing the design effectiveness of controls management has in place to prevent |

| and detect fraud; |

- |  | Understanding how those charged with governance considered and addressed the potential for |

| override of controls or other inappropriate influence over the financial reporting process; |

- |  | Reviewing financial statements disclosures and testing to supporting documentation to assess |

| compliance with applicable law and regulations; |

- |  | Challenging assumptions and judgements made by management in its significant accounting |

| estimates in particular: |

- |  | Depreciation and amortisation - we carried out a review and recalculation of depreciation and |

| amortisation to assess its appropriateness for inclusion within the financial statements |

- |  | Accruals and Prepayments - we reviewed a sample of accruals and prepayments in the year to |

| determine that these were applied correctly. |

- |  | Tax Provisions - we carried out a review of the tax computations and ensured it was applied correctly. |

- |  | Accrued and Deferred income - we carried out a review of the accrued and deferred income |

| calculations to assess the appropriateness for inclusion within the financial statement. |

- |  | Identifying and testing journal entries, in particular any journal entries posted with unusual account |

| combinations. |

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.

Report of the Independent Auditors to the Members of

H.Jenkinson & Company Limited

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.

Mr Michael Forshaw (Senior Statutory Auditor)

for and on behalf of DJH Audit Limited

Statutory Auditor

3rd Floor Pacific Chambers

11-13 Victoria Street

Liverpool

Merseyside

L2 5QQ

12 March 2026

H.Jenkinson & Company Limited (Registered number: 00169844)

Statement of Comprehensive Income

for the Year Ended 31 December 2025

31.12.25 | 31.12.24 |

| Notes | £ | £

TURNOVER | 12,097,691 |  | 13,033,746 |  |

Cost of sales | 8,071,765 |  | 9,084,834 |  |

GROSS PROFIT | 4,025,926 |  | 3,948,912 |  |

Administrative expenses | 3,953,984 |  | 3,908,989 |  |

71,942 |  | 39,923 |  |

Other operating income | 15,984 |  | 14,018 |  |

OPERATING PROFIT | 5 | 87,926 |  | 53,941 |  |

Dividend income | 104,800 |  | 124,178 |  |

192,726 |  | 178,119 |  |

Interest payable and similar expenses | 6 | 9,303 |  | 7,962 |  |

PROFIT BEFORE TAXATION | 183,423 |  | 170,157 |  |

Tax on profit | 7 | 54,036 |  | 36,119 |  |

PROFIT FOR THE FINANCIAL YEAR | 129,387 |  | 134,038 |  |

OTHER COMPREHENSIVE INCOME |

Revaluation | 322,000 |  | - |  |

Income tax relating to other comprehensive income | - |  | - |  |

OTHER COMPREHENSIVE INCOME FOR THE YEAR, NET OF INCOME TAX | 322,000 |  | - |  |

TOTAL COMPREHENSIVE INCOME FOR THE YEAR | 451,387 |  | 134,038 |  |

H.Jenkinson & Company Limited (Registered number: 00169844)

Balance Sheet

31 December 2025

31.12.25 | 31.12.24 |

| Notes | £ | £ | £ | £

FIXED ASSETS

Tangible assets | 8 | 2,380,022 |  | 1,821,646 |  |

CURRENT ASSETS

Stocks | 9 | 516,607 |  | 701,102 |  |

Debtors | 10 | 1,543,637 |  | 817,695 |  |

Investments | 11 | 175,345 |  | 159,361 |  |

Cash at bank | 2,854,508 |  | 3,388,883 |  |

5,090,097 |  | 5,067,041 |  |

CREDITORS

Amounts falling due within one year | 12 | 2,858,803 |  | 2,948,823 |  |

NET CURRENT ASSETS | 2,231,294 |  | 2,118,218 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 4,611,316 |  | 3,939,864 |  |

CREDITORS

Amounts falling due after more than one year | 13 | (50,148 | ) | (81,334 | ) |

PROVISIONS FOR LIABILITIES | 16 | (324,845 | ) | (73,594 | ) |

NET ASSETS | 4,236,323 |  | 3,784,936 |  |

CAPITAL AND RESERVES

Called up share capital | 17 | 1,134 |  | 1,134 |  |

Revaluation reserve | 18 | 1,150,000 |  | 874,059 |  |

Retained earnings | 18 | 3,085,189 |  | 2,909,743 |  |

SHAREHOLDERS' FUNDS | 4,236,323 |  | 3,784,936 |  |

The financial statements were approved by the Board of Directors and authorised for issue on 12 March 2026 and were signed on its behalf by:

C W Mills - Director

H.Jenkinson & Company Limited (Registered number: 00169844)

Statement of Changes in Equity

for the Year Ended 31 December 2025

Called up |  |

share | Retained | Revaluation | Total |

capital | earnings | reserve | equity |

| £ | £ | £ | £

Balance at 1 January 2024 | 1,134 |  | 2,757,867 |  | 891,897 |  | 3,650,898 |  |

Changes in equity

Total comprehensive income | - |  | 151,876 |  | (17,838 | ) | 134,038 |  |

Balance at 31 December 2024 | 1,134 |  | 2,909,743 |  | 874,059 |  | 3,784,936 |  |

Changes in equity

Total comprehensive income | - |  | 175,446 |  | 275,941 |  | 451,387 |  |

Balance at 31 December 2025 | 1,134 |  | 3,085,189 |  | 1,150,000 |  | 4,236,323 |  |

H.Jenkinson & Company Limited (Registered number: 00169844)

Cash Flow Statement

for the Year Ended 31 December 2025

31.12.25 | 31.12.24 |

| Notes | £ | £

Cash flows from operating activities

Cash generated from operations | 1 | (398,866 | ) | 259,585 |  |

Interest element of hire purchase payments paid | (9,303 | ) | (7,962 | ) |

Tax paid | (27,151 | ) | - |  |

Net cash from operating activities | (435,320 | ) | 251,623 |  |

Cash flows from investing activities

Purchase of tangible fixed assets | (146,283 | ) | (181,386 | ) |

Sale of tangible fixed assets | 1,832 |  | 52,779 |  |

Movement on investment | (15,984 | ) | (14,018 | ) |

Interest received | 104,800 |  | 124,178 |  |

Net cash from investing activities | (55,635 | ) | (18,447 | ) |

Cash flows from financing activities

Capital repayments in year | (30,277 | ) | 13,542 |  |

Amount introduced by directors | 1,349 |  | 4,734 |  |

Amount withdrawn by directors | (14,492 | ) | - |  |

Net cash from financing activities | (43,420 | ) | 18,276 |  |

(Decrease)/increase in cash and cash equivalents | (534,375 | ) | 251,452 |  |

Cash and cash equivalents at beginning of year | 2 | 3,388,883 |  | 3,137,431 |  |

Cash and cash equivalents at end of year | 2 | 2,854,508 |  | 3,388,883 |  |

H.Jenkinson & Company Limited (Registered number: 00169844)

Notes to the Cash Flow Statement

for the Year Ended 31 December 2025

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

31.12.25 | 31.12.24 |

| £ | £

| Profit before taxation | 183,423 |  | 170,157 |  |

| Depreciation charges | 144,576 |  | 144,941 |  |

| Loss/(profit) on disposal of fixed assets | 13,499 |  | (17,287 | ) |

| Finance costs | 9,303 |  | 7,962 |  |

| Finance income | (104,800 | ) | (124,178 | ) |

246,001 |  | 181,595 |  |

| Decrease/(increase) in stocks | 184,495 |  | (154,600 | ) |

| (Increase)/decrease in trade and other debtors | (725,942 | ) | 104,634 |  |

| (Decrease)/increase in trade and other creditors | (103,420 | ) | 127,956 |  |

| Cash generated from operations | (398,866 | ) | 259,585 |  |

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 December 2025

| 31.12.25 |  | 1.1.25

| £ | £

| Cash and cash equivalents | 2,854,508 |  | 3,388,883 |  |

| Year ended 31 December 2024

| 31.12.24 |  | 1.1.24

| £ | £

| Cash and cash equivalents | 3,388,883 |  | 3,137,431 |  |

H.Jenkinson & Company Limited (Registered number: 00169844)

Notes to the Cash Flow Statement

for the Year Ended 31 December 2025

3. | ANALYSIS OF CHANGES IN NET FUNDS

| At 1.1.25 | Cash flow | At 31.12.25

| £ | £ | £

| Net cash |

| Cash at bank | 3,388,883 |  | (534,375 | ) | 2,854,508 |  |

3,388,883 |  | (534,375 | ) | 2,854,508 |  |

| Liquid resources |

| Current asset investments | 159,361 |  | 15,984 |  | 175,345 |  |

159,361 |  | 15,984 |  | 175,345 |  |

| Debt

| Finance leases | (139,844 | ) | 30,277 |  | (109,567 | ) |

(139,844 | ) | 30,277 |  | (109,567 | ) |

| Total | 3,408,400 |  | (488,114 | ) | 2,920,286 |  |

H.Jenkinson & Company Limited (Registered number: 00169844)

Notes to the Financial Statements

for the Year Ended 31 December 2025

1. | GENERAL INFORMATION

| The company is private company limited by shares (Co No 00169844) and is incorporated in England and Wales. The address of the registered office is Kitling Road, Knowsley Business Park, Prescot, L34 9JR.

2. | STATUTORY INFORMATION

| H.Jenkinson & Company 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.

3. | 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 as modified by the revaluation of property.

| Significant judgements and estimates

| Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

| There are not considered to be any critical judgements in applying the company's accounting policies.

| Turnover

| 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

| Freehold property | - | 2% on cost

| Fixtures and fittings | - | 20% on cost, 15% on reducing balance and 10% on reducing balance

| Motor vehicles | - | 25% reducing balance

| The freehold property was subject to a revaluation in 2025. The revalued amount is depreciated annually.

| Stocks

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

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income, 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.

H.Jenkinson & Company Limited (Registered number: 00169844)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

3. | 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

| 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.

| Debtors

| Short term debtors are measured at transaction price, less any impairment.

| Cash and cash equivalents

| Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

| Creditors

| Short term creditors are measured at the transaction price. Other financial liabilities, are measured initially at fair value, net of transaction costs and are measured subsequently at amortised cost using the effective interest method.

| Financial instruments

| The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other accounts receivable and payable, loans from banks and loans to related parties. Trade and other debtors are measured at transaction price less any impairment. Trade and other creditors are measured at transaction price. Other financial liabilities, including bank loans are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

4. | EMPLOYEES AND DIRECTORS

31.12.25 | 31.12.24 |

| £ | £

| Wages and salaries | 2,640,225 |  | 2,659,714 |  |

| Social security costs | 372,358 |  | 334,261 |  |

3,012,583 |  | 2,993,975 |  |

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

31.12.25 | 31.12.24 |

| All staff including directors | 59 |  | 56 |  |

H.Jenkinson & Company Limited (Registered number: 00169844)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

4. | EMPLOYEES AND DIRECTORS - continued

31.12.25 | 31.12.24 |

| £ | £

| Directors' remuneration | 614,031 |  | 608,675 |  |

| Information regarding the highest paid director is as follows:

31.12.25 | 31.12.24 |

| £ | £

| Emoluments etc | 150,361 |  | 150,005 |  |

| Key management personnel

| The directors are considered to be key management personnel for the current and previous year. Their benefits are noted above.

5. | OPERATING PROFIT

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

31.12.25 | 31.12.24 |

| £ | £

| Depreciation - owned assets | 77,397 |  | 64,408 |  |

| Depreciation - assets on hire purchase contracts | 67,179 |  | 80,532 |  |

| Loss/(profit) on disposal of fixed assets | 13,499 |  | (17,287 | ) |

| Auditors' remuneration | 16,000 |  | 15,350 |  |

6. | INTEREST PAYABLE AND SIMILAR EXPENSES |

31.12.25 | 31.12.24 |

| £ | £

| Hire purchase | 9,303 |  | 7,962 |  |

7. | TAXATION

| Analysis of the tax charge

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

31.12.25 | 31.12.24 |

| £ | £

| Current tax:

| UK corporation tax | 52,785 |  | 27,151 |  |

| Deferred tax | 1,251 |  | 8,968 |  |

| Tax on profit | 54,036 |  | 36,119 |  |

H.Jenkinson & Company Limited (Registered number: 00169844)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

7. | TAXATION - continued

| 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:

31.12.25 | 31.12.24 |

| £ | £

| Profit before tax | 183,423 |  | 170,157 |  |

| Profit multiplied by the standard rate of corporation tax in the UK of 25% (2024 - 25%) | 45,856 |  | 42,539 |  |

| Effects of:

| Expenses not deductible for tax purposes | 3,759 |  | 1,372 |  |

| Capital allowances in excess of depreciation | - |  | (4,646 | ) |

| Depreciation in excess of capital allowances | 1,374 |  | - |  |

| Utilisation of tax losses | - |  | (5,791 | ) |

| Profit/Loss on disposal of assets | 3,375 |  | (4,322 | ) |

| Deferred tax | 1,251 |  | 8,968 |  |

| Dividends | (1,029 | ) | - |  |

| Marginal relief | (550 | ) | (2,001 | ) |

| Total tax charge | 54,036 |  | 36,119 |  |

| Tax effects relating to effects of other comprehensive income |

31.12.25 |

| Gross |  | Tax |  | Net |

| £ | £ | £

| Revaluation | 322,000 |  | - |  | 322,000 |  |

H.Jenkinson & Company Limited (Registered number: 00169844)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

8. | TANGIBLE FIXED ASSETS

Fixtures |

Freehold | and | Motor |

property | fittings | vehicles | Totals |

| £ | £ | £ | £

| COST OR VALUATION

| At 1 January 2025 | 1,500,000 |  | 387,817 |  | 630,402 |  | 2,518,219 |  |

| Additions | - |  | - |  | 146,283 |  | 146,283 |  |

| Disposals | - |  | - |  | (86,121 | ) | (86,121 | ) |

| Revaluations | 500,000 |  | - |  | - |  | 500,000 |  |

| At 31 December 2025 | 2,000,000 |  | 387,817 |  | 690,564 |  | 3,078,381 |  |

| DEPRECIATION

| At 1 January 2025 | 48,000 |  | 371,991 |  | 276,582 |  | 696,573 |  |

| Charge for year | 24,000 |  | 1,880 |  | 118,696 |  | 144,576 |  |

| Eliminated on disposal | - |  | - |  | (70,790 | ) | (70,790 | ) |

| Revaluation adjustments | (72,000 | ) | - |  | - |  | (72,000 | ) |

| At 31 December 2025 | - |  | 373,871 |  | 324,488 |  | 698,359 |  |

| NET BOOK VALUE

| At 31 December 2025 | 2,000,000 |  | 13,946 |  | 366,076 |  | 2,380,022 |  |

| At 31 December 2024 | 1,452,000 |  | 15,826 |  | 353,820 |  | 1,821,646 |  |

| Cost or valuation at 31 December 2025 is represented by:

| Freehold |  |

| property |  |

| £ |  |

| Valuation in 2021 |  | 1,200,000 |  |

| Valuation in 2022 |  | 300,000 |  |

| Valuation in 2023 |  | - |  |

| Valuation in 2024 |  | - |  |

| Valuation in 2025 |  | 500,000 |  |

|  | 2,000,000 |  |

| Freehold property was revalued in the year. The revaluation is based upon the Directors' estimate of current market values.

H.Jenkinson & Company Limited (Registered number: 00169844)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

8. | TANGIBLE FIXED ASSETS - continued

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor |

vehicles |

| £

| COST OR VALUATION

| At 1 January 2025 | 429,663 |  |

| Additions | 36,803 |  |

| Disposals | (63,481 | ) |

| At 31 December 2025 | 402,985 |  |

| DEPRECIATION

| At 1 January 2025 | 195,526 |  |

| Charge for year | 67,179 |  |

| Eliminated on disposal | (52,973 | ) |

| At 31 December 2025 | 209,732 |  |

| NET BOOK VALUE

| At 31 December 2025 | 193,253 |  |

| At 31 December 2024 | 234,137 |  |

9. | STOCKS

31.12.25 | 31.12.24 |

| £ | £

| Finished goods | 516,607 |  | 701,102 |  |

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

31.12.25 | 31.12.24 |

| £ | £

| Trade debtors | 1,515,603 |  | 817,695 |  |

| Prepayments and accrued income | 28,034 |  | - |  |

1,543,637 |  | 817,695 |  |

11. | CURRENT ASSET INVESTMENTS

31.12.25 | 31.12.24 |

| £ | £

| Unlisted investments | 175,345 |  | 159,361 |  |

H.Jenkinson & Company Limited (Registered number: 00169844)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

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

31.12.25 | 31.12.24 |

| £ | £

| Hire purchase contracts (see note 14) | 59,419 |  | 58,510 |  |

| Trade creditors | 897,095 |  | 610,652 |  |

| Corporation tax | 52,785 |  | 27,151 |  |

| Social security and other taxes | 31,778 |  | 46,996 |  |

| VAT | 90,564 |  | 42,538 |  |

| Other creditors | 43,599 |  | 30,053 |  |

| Directors' current accounts | 106,738 |  | 119,881 |  |

| Accrued expenses | 1,576,825 |  | 2,013,042 |  |

2,858,803 |  | 2,948,823 |  |

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

31.12.25 | 31.12.24 |

| £ | £

| Hire purchase contracts (see note 14) | 50,148 |  | 81,334 |  |

14. | LEASING AGREEMENTS

| Minimum lease payments fall due as follows:

| Hire purchase |

| contracts |

31.12.25 | 31.12.24 |

| £ | £

| Gross obligations repayable:

| Within one year | 67,710 |  | 63,278 |  |

| Between one and five years | 56,113 |  | 88,154 |  |

123,823 |  | 151,432 |  |

| Finance charges repayable:

| Within one year | 8,291 |  | 4,768 |  |

| Between one and five years | 5,965 |  | 6,820 |  |

14,256 |  | 11,588 |  |

| Net obligations repayable:

| Within one year | 59,419 |  | 58,510 |  |

| Between one and five years | 50,148 |  | 81,334 |  |

109,567 |  | 139,844 |  |

H.Jenkinson & Company Limited (Registered number: 00169844)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

14. | LEASING AGREEMENTS - continued

Non-cancellable |

operating leases |

31.12.25 | 31.12.24 |

| £ | £

| Within one year | 53,858 |  | 53,858 |  |

| Between one and five years | 56,687 |  | 100,012 |  |

110,545 |  | 153,870 |  |

15. | SECURED DEBTS

| The following secured debts are included within creditors:

31.12.25 | 31.12.24 |

| £ | £

| Hire purchase contracts | 109,567 |  | 139,844 |  |

16. | PROVISIONS FOR LIABILITIES

31.12.25 | 31.12.24 |

| £ | £

| Deferred tax | 324,845 |  | 73,594 |  |

Deferred tax |

| £

| Balance at 1 January 2025 | 73,594 |  |

| Provided during year | 1,251 |  |

| Effect of Freehold Revaluation | 250,000 |  |

| Balance at 31 December 2025 | 324,845 |  |

17. | CALLED UP SHARE CAPITAL

| Allotted and issued:

| Number: | Class: | Nominal | 31.12.25 | 31.12.24 |

value: |  | £ | £

| 1,134 | Ordinary share capital | 1 | 1,134 |  | 1,134 |  |

| Called up share capital - Represents the nominal value of shares that have been issued.

H.Jenkinson & Company Limited (Registered number: 00169844)

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

18. | RESERVES

Retained | Revaluation |

earnings | reserve | Totals |

| £ | £ | £

| At 1 January 2025 | 2,909,743 |  | 874,059 |  | 3,783,802 |  |

| Profit for the year | 129,387 |  | 129,387 |  |

| Property valuation | 46,059 |  | 275,941 |  | 322,000 |  |

| At 31 December 2025 | 3,085,189 |  | 1,150,000 |  | 4,235,189 |  |

| Retained earnings - Includes all current and prior period retained profits and losses.

19. | ULTIMATE CONTROLLING PARTY

| For the whole year the company was under the control of Mr CW Mills, a major shareholder and Chairman of the company.