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REGISTERED NUMBER: 16167960 (England and Wales)

Report of the Directors and

Unaudited Financial Statements for the Period 7 January 2025 to 31 January 2026

for

Househam Group Limited

Househam Group Limited (Registered number: 16167960)

Contents of the Financial Statements

for the Period 7 January 2025 to 31 January 2026

Page |

Company Information | 1 |

Report of the Directors | 2 |

Income Statement | 4 |

Balance Sheet | 5 |

Notes to the Financial Statements | 6 |

Househam Group Limited

Company Information

for the Period 7 January 2025 to 31 January 2026

| DIRECTORS: | Mr D Eaton

| Mr N Snowden

| Mr R J Willey

| REGISTERED OFFICE: | Househam Group Limited

| Roughton Moor

| Woodhill Spa

| Lincolnshire

| LN106YQ

| REGISTERED NUMBER: | 16167960 (England and Wales)

| ACCOUNTANTS: | Henry Thomas Advisory

| Chartered Certified Accountants

| Unit 6

| St Georges Square

| Portsmouth

| Hampshire

| PO1 3EY

Househam Group Limited (Registered number: 16167960)

Report of the Directors

for the Period 7 January 2025 to 31 January 2026

The Directors present their report and the unaudited Financial Statements (the "Financial Statements") of Househam Group Limited (the Company") for the period on which trading started on 20th February 2025 to 31st January 2026.

INCORPORATION

The company was incorporated on 7 January 2025 .

PRINCIPAL ACTIVITY

The principal activity of the company in the period under review was that of manufacturing of Crop Sprayers and other agricultural machinery, including the servicing, repairs and sale of spare parts, together with the sale of refurbished machines.

REVIEW OF BUSINESS

In February 2025 the company purchased the trade, assets and stock of Househam Sprayers Limited and embarked on continuing to deliver the company's core products and services.

The year has proven challenging with support and stability being built with suppliers and customers at the forefront of its goals. I am very pleased to say our suppliers have stood behind us along with all customers so ensuring the continued growth and success of the business.

The performance of the year has been good, and the board are happy to return a healthy profit in year one. The major hurdle was the that supply chains had stopped for a period and lead times on building stock effected performance and profitability.

Agriculture had a very hard time during 2025 with drought in the first half of the year and then a very wet Autumn. That along with low commodity prices and the issues over Inheritance Tax and Business Property Relief has caused a slowdown in spending on machines.

But, I am pleased to say we can keep moving the business forward and finished the year in a positive position, well placed to move the business forward in 2026-2027.

During the year the business welcomed two new directors to the board to strengthen the company's leadership team. The business has set a challenging forecast for the up coming year, with a concentration on ensuring the company's core values are fully reinstated.

EVENTS SINCE THE END OF THE PERIOD

Information relating to events since the end of the period is given in the notes to the financial statements.

DIRECTORS

The directors who have held office during the period from 7 January 2025 to the date of this report are as follows:

Mr D Eaton - appointed 1 September 2025

Mr. F Pearson - appointed 30 January 2025 - resigned 1 September 2025

Mr N Snowden - appointed 1 September 2025

Mr R J Willey - appointed 7 January 2025

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing 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.

Househam Group Limited (Registered number: 16167960)

Report of the Directors

for the Period 7 January 2025 to 31 January 2026

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Mr R J Willey - Director

17 March 2026

Househam Group Limited (Registered number: 16167960)

Income Statement

for the Period 7 January 2025 to 31 January 2026

| Notes | £ |

| TURNOVER | 6,825,356 |  |

| Cost of sales | 4,684,703 |  |

| GROSS PROFIT | 2,140,653 |  |

| Administrative expenses | 1,902,296 |  |

| OPERATING PROFIT | 4 | 238,357 |  |

| Interest payable and similar expenses | 121,812 |  |

| PROFIT BEFORE TAXATION | 116,545 |  |

| Tax on profit | - |  |

| PROFIT FOR THE FINANCIAL PERIOD | 116,545 |  |

Househam Group Limited (Registered number: 16167960)

Balance Sheet

31 January 2026

| Notes | £ | £ |

| FIXED ASSETS

| Intangible assets | 5 | 778,667 |  |

| Tangible assets | 6 | 106,855 |  |

885,522 |  |

| CURRENT ASSETS

| Stocks | 2,648,947 |  |  |

| Debtors | 7 | 612,547 |  |  |

| Cash at bank and in hand | 165,246 |  |  |

3,426,740 |  |

| CREDITORS

| Amounts falling due within one year | 8 | 2,064,962 |  |

| NET CURRENT ASSETS | 1,361,778 |  |

| TOTAL ASSETS LESS CURRENT LIABILITIES | 2,247,300 |  |

| CREDITORS

| Amounts falling due after more than one year | 9 | 1,224,389 |  |

| NET ASSETS | 1,022,911 |  |

| CAPITAL AND RESERVES

| Called up share capital | 952,866 |  |

| Retained earnings | 70,045 |  |

1,022,911 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

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

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 17 March 2026 and were signed on its behalf by:

Mr R J Willey - Director

Househam Group Limited (Registered number: 16167960)

Notes to the Financial Statements

for the Period 7 January 2025 to 31 January 2026

1. | STATUTORY INFORMATION

| Househam Group Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| The presentation currency of the financial statements is the Pound Sterling (£).

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| Turnover

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

| Turnover represents the amount derived from ordinary activities, stated after discounts, value added tax and any other sales taxes, where applicable. Turnover is the value of work performed during the year with respect to services.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2025, is being amortised evenly over its estimated useful life of ten years.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Tangible fixed assets

| Items or property, plant and equipment are stated at cost of acquisition less accumulated depreciation.

| Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives. The estimated useful lives range as follows:

| Plant & Machinery - 25% on straight line method.

| Computer Equipment - 25% on straight line method.

| The gain or loss arising from 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.

| Stocks

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

| Financial instruments

| Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. 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 assets

| Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and subsequently measured at amortised cost using the effective interest

| method. Financial assets classified as receivable within one year are not amortised.

| Basic financial liabilities

| Basic financial liabilities, including trade and other creditors are initially recognised at transaction price. Financial liabilities classified as payable within one year are not amortised.

| Equity instruments

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

Househam Group Limited (Registered number: 16167960)

Notes to the Financial Statements - continued

for the Period 7 January 2025 to 31 January 2026

2. | ACCOUNTING POLICIES - continued

| Taxation

| A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

| Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the Financial Statements and their inclusion in tax assessments.

| 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.

| Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used.

| Current and deferred tax assets and liabilities are not discounted.

| Hire purchase and leasing commitments

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

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

| Going concern

| The directors note that the company is trading adequately and has sufficiently working capital and other finance available to continue trading for a period of not less than 12 months from the date of signing these financial statements. There are no significant uncertainties in their assessment of whether the business is a going concern and therefore have prepared the accounts on a going concern basis.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was 40 .

4. | OPERATING PROFIT

| The operating profit is stated after charging:

£ |

| Depreciation - owned assets | 24,757 |  |

| Goodwill amortisation | 50,000 |  |

5. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| Additions | 828,667 |  |

| At 31 January 2026 | 828,667 |  |

| AMORTISATION

| Charge for period | 50,000 |  |

| At 31 January 2026 | 50,000 |  |

| NET BOOK VALUE

| At 31 January 2026 | 778,667 |  |

Househam Group Limited (Registered number: 16167960)

Notes to the Financial Statements - continued

for the Period 7 January 2025 to 31 January 2026

6. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| Additions | 131,612 |  |

| At 31 January 2026 | 131,612 |  |

| DEPRECIATION

| Charge for period | 24,757 |  |

| At 31 January 2026 | 24,757 |  |

| NET BOOK VALUE

| At 31 January 2026 | 106,855 |  |

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

£ |

| Trade debtors | 567,077 |  |

| Other debtors | 45,470 |  |

612,547 |  |

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

£ |

| Hire purchase contracts | 93,068 |  |

| Trade creditors | 600,275 |  |

| Taxation and social security | 136,005 |  |

| Other creditors | 1,235,614 |  |

2,064,962 |  |

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

£ |

| Other creditors | 1,224,389 |  |

10. | RELATED PARTY DISCLOSURES

| The Company has taken advantage of the exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

11. | POST BALANCE SHEET EVENTS

| There are no reportable events between the date of the Financial Statements and the date of the signing these Financial Statements.

12. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party is Robert Willey by virtue of their shareholding.