REGISTERED NUMBER: 08381512 (England and Wales)

Strategic Report, Report of the Director and

Financial Statements

for the Year Ended 31st July 2025

for

BOWDEN MOSS LIMITED

Page

Company Information

1

Strategic Report

2

Report of the Director

4

Report of the Independent Auditors

6

Income Statement

9

Other Comprehensive Income

10

Balance Sheet

11

Statement of Changes in Equity

12

Cash Flow Statement

13

Notes to the Cash Flow Statement

14

Notes to the Financial Statements

15

DIRECTOR:

D J Moss

REGISTERED OFFICE:

1 Tower House

Tower Centre

Hoddesdon

Hertfordshire

EN11 8UR

BUSINESS ADDRESS:

Unit H

Astonbury Farm Business Park

Astonbury Lane

Aston

Hertfordshire

SG2 7EG

REGISTERED NUMBER:

08381512 (England and Wales)

AUDITORS:

Attenboroughs (Accountants) Limited

Statutory Auditor

1 Tower House

Tower Centre

Hoddesdon

Hertfordshire

EN11 8UR

BANKERS:

Barclays Bank

Unit 12, The Howards Centre

Howardsgate

Welwyn Garden City

Hertfordshire

AL8 6H

The director presents his strategic report for the year ended 31st July 2025.

Bowden Moss Limited is a privately owned refurbishment and fit-out contractor based in Hertfordshire. The Company specialises in the refurbishment of industrial, logistics and commercial properties, together with associated building services works, primarily across the South East and Midlands of England. Since its incorporation in January 2013, the Company has built a strong reputation for quality, reliability and integrity within its chosen sectors.

REVIEW OF BUSINESS

During the year ended 31 July 2025, the Company continued to benefit from sustained demand within the industrial and logistics refurbishment market, reflecting ongoing occupier requirements for upgraded, energy-efficient space and asset repositioning strategies by property owners.

The period was characterised by the delivery and progression of multiple large-scale refurbishment projects across the UK. The Company was active on a significant volume of industrial and warehouse refurbishments, collectively exceeding one million square feet and spanning locations including Wolverhampton, Milton Keynes, Northampton, Chelmsford, Enfield and the wider London area.

Projects undertaken during the year commonly incorporated full fabric renewal, slab repairs or replacement, M&E upgrades and Category A office refurbishments. Several schemes reached Practical Completion during or shortly after the year end, contributing positively to turnover and cash generation for the period.

PRINCIPAL RISKS AND UNCERTAINTIES

The Directors consider the principal risks facing the Company to include:

- Market and economic risk, arising from fluctuations in construction demand, interest rates and investor confidence.

- Supply chain and cost inflation risk, particularly in respect of materials and specialist subcontract trades.

- Regulatory and compliance risk, as energy, environmental and building standards continue to evolve.

These risks are mitigated through early engagement with clients and suppliers, disciplined contract administration, strong supply-chain relationships and an experienced management team.

KEY PERFORMANCE INDICATORS

In order to monitor performance effectively, the Directors review a combination of financial and non-financial key performance indicators (KPIs). The principal KPIs used during the year were as follows:

Financial KPIs

1. Turnover Growth

Turnover is monitored as a key indicator of market demand and operational capacity. During the year, turnover increased (to £36.8M) compared with the prior year (£22.8M) , reflecting higher levels of project activity and the delivery of several large-scale refurbishment schemes. This growth was driven primarily by the industrial and logistics refurbishment sector.

2. Operating Margin

Operating margin is reviewed to assess cost control, pricing discipline and overall project profitability. The operating margin was reduced slightly (3.9%) compared to the prior year (5.6%), due to a revised costing strategy used to secure larger contracts.

Non-Financial KPI

1. Proportion of Revenue from Repeat Clients

The Directors consider repeat client revenue to be a key indicator of service quality, reputation and long-term sustainability. The ongoing revenue generated from repeat clients during the year, demonstrates continued client confidence and the effectiveness of the Company’s relationship-driven operating model.

ENVIRONMENTAL AND GOVERNANCE MATTERS

Environmental performance continues to be a key area of focus. During the year, many projects delivered by the Company incorporated sustainability and energy-efficiency measures, including photovoltaic installations, air-source heat pumps, LED lighting systems, electric vehicle charging infrastructure and improved EPC ratings, often targeting EPC A or A+ outcomes with a number of projects achieving BREEAM ratings of Good and Very Good..

The Company also seeks to make a positive contribution to the communities in which it operates, including ongoing support for local events and initiatives, reinforcing its commitment to responsible business practices.

Governance remains director-led, with oversight of operational risk, financial controls, health and safety performance and supply chain management retained at Board level.

EMPLOYEES AND SOCIAL MATTERS

The Company recognises that its employees are fundamental to the quality and success of its refurbishment projects. We are committed to providing a safe, inclusive and supportive working environment, with a strong focus on health and safety given the nature of our operations. Investment in training, skills development and employee engagement supports high standards of workmanship, regulatory compliance and wellbeing, while promoting equality of opportunity and fair treatment across our workforce and subcontractor community.

RESPECT FOR HUMAN RIGHTS

While the Company operates wholly within the UK, where the risk of human rights breaches is considered low, we remain committed to upholding internationally recognised human rights standards. We ensure that our employment practices are fair, lawful and transparent and that all employees are treated with dignity and respect.

ANTI CORRUPTION AND ANTI BRIBERY

The Company maintains a zero tolerance approach to bribery, corruption and unethical behaviour. Policies and procedures are in place to ensure compliance with the Bribery Act 2010 and other relevant legislation. Employees receive training where appropriate on recognising and reporting suspected misconduct.

FUTURE PROSPECTS

Looking ahead, the Directors remain cautiously optimistic. Demand for industrial and logistics refurbishment is expected to remain resilient, supported by occupier demand for compliant, energy-efficient buildings and the ongoing need to upgrade existing asset stock.

The Company enters the period following the year end with a strong pipeline of secured and negotiated work and is well positioned to continue building on its established reputation within its core markets.

ON BEHALF OF THE BOARD:

D J Moss - Director

27th April 2026

The director presents his report with the financial statements of the company for the year ended 31st July 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of industrial and commercial property refurbishment.

DIVIDENDS

Interim dividends per share were paid during the year as follows:

Ordinary 'C' £1 - £348,019

Ordinary 'D' £1 - £283,706

The directors recommend that no final dividend be paid.

The total distribution of dividends for the year ended 31st July 2025 will be £631,725.

DIRECTOR

D J Moss held office during the whole of the period from 1st August 2024 to the date of this report.

His beneficial interests in the shares of the company, according to the register of directors' interests, were as follows:

31/7/25

1/8/24

Ordinary 'B' shares of £1 each

50

50

Ordinary 'C' shares of £1 each

1

1

He did not hold any beneficial interests in the Ordinary 'D' shares of £1 each.

He did not hold any non-beneficial interests in any of the shares of the company.

The company is under the control of its directors.

DISCLOSURE IN THE STRATEGIC REPORT

In accordance with section 414C(11) of the Companies Act 2006, the directors have chosen to set out in the Strategic Report the information which is required by Schedule 7 to be contained in the Directors' Report.

STATEMENT OF DIRECTOR'S RESPONSIBILITIES

The director is responsible for preparing the Strategic Report, the Report of the Director and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has 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 director must not approve the financial statements unless he is 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 director is 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 director is 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 him to ensure that the financial statements comply with the Companies Act 2006. He is 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 director is 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 he 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, Attenboroughs (Accountants) Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

D J Moss - Director

27th April 2026

Opinion

We have audited the financial statements of BOWDEN MOSS LIMITED (the 'company') for the year ended 31st July 2025 which comprise the Income Statement, Other 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 31st July 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 director's 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 director with respect to going concern are described in the relevant sections of this report.

Other information

The director is responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Director, 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 Director 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 Director have been prepared in accordance with applicable legal requirements.

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 Director.

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 director's remuneration specified by law are not made; or

-	we have not received all the information and explanations we require for our audit.

Responsibilities of director

As explained more fully in the Statement of Director's Responsibilities set out on page four, the director is 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 director determines 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 director is 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 director either intends to liquidate the company or to cease operations, or has 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.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

We identified areas of laws and regulations that could reasonably be expected to have a material effect on the financial statements. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities (non-compliance with laws and regulations), including fraud.

The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below:

We have made enquires of management around actual and potential litigation claims.

The company is subject to laws and regulations that directly affect the financial statements including financial reporting legislation, distributable profits legislation, taxation legislation and pension legislation and we assessed the extent of compliance with these laws and regulations as part of our procedures on the related financial statement items.

We have reviewed the financial statement disclosures and testing to support documentation to assess compliance with applicable laws and regulations.

We have considered the risks of management override of controls, including through testing journal entries and other adjustments for appropriateness, and evaluating the business rationale of significant transactions outside the normal course of business.

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.

Other matters which we are required to address

The comparative information presented in respect of the prior period was not subject to audit and, accordingly, we do not express an audit opinion on that information.

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 David Roger Pattman FCCA (Senior Statutory Auditor)

for and on behalf of Attenboroughs (Accountants) Limited

Statutory Auditor

1 Tower House

Tower Centre

Hoddesdon

Hertfordshire

EN11 8UR

27th April 2026

TURNOVER

36,877,967

22,851,510

Cost of sales

33,653,168

20,295,519

GROSS PROFIT

3,224,799

2,555,991

Administrative expenses

1,809,103

1,285,063

1,415,696

1,270,928

Other operating income

4,255

15,247

OPERATING PROFIT

4

1,419,951

1,286,175

Interest receivable and similar income

19,818

4,338

1,439,769

1,290,513

Interest payable and similar expenses

6

4,343

4,707

PROFIT BEFORE TAXATION

1,435,426

1,285,806

Tax on profit

7

365,799

335,228

PROFIT FOR THE FINANCIAL YEAR

1,069,627

950,578

PROFIT FOR THE YEAR

1,069,627

950,578

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

1,069,627

950,578

FIXED ASSETS

Tangible assets

9

166,344

152,372

CURRENT ASSETS

Stocks

10

650

650

Debtors

11

5,422,439

4,110,963

Cash at bank and in hand

1,895,760

1,021,002

7,318,849

5,132,615

CREDITORS

Amounts falling due within one year

12

5,409,318

3,608,656

NET CURRENT ASSETS

1,909,531

1,523,959

TOTAL ASSETS LESS CURRENT LIABILITIES

2,075,875

1,676,331

CREDITORS

Amounts falling due after more than one year

13

(11,683

)

(47,746

)

PROVISIONS FOR LIABILITIES

17

(1,106

)

(3,401

)

NET ASSETS

2,063,086

1,625,184

CAPITAL AND RESERVES

Called up share capital

18

52

52

Capital redemption reserve

19

50

50

Retained earnings

19

2,062,984

1,625,082

SHAREHOLDERS' FUNDS

2,063,086

1,625,184

The financial statements were approved by the director and authorised for issue on 27th April 2026 and were signed by:

D J Moss - Director

Called up

Capital

share

Retained

redemption

Total

capital

earnings

reserve

equity

£

£

£

£

Balance at 1st August 2023

52

1,096,638

50

1,096,740

Changes in equity

Dividends

-

(422,134

)

-

(422,134

)

Total comprehensive income

-

950,578

-

950,578

Balance at 31st July 2024

52

1,625,082

50

1,625,184

Changes in equity

Dividends

-

(631,725

)

-

(631,725

)

Total comprehensive income

-

1,069,627

-

1,069,627

Balance at 31st July 2025

52

2,062,984

50

2,063,086

Cash flows from operating activities

Cash generated from operations

1

2,061,282

711,491

Interest paid

(364

)

(616

)

Interest element of hire purchase payments paid

(3,979

)

(4,091

)

Tax paid

(338,700

)

(175,125

)

Net cash from operating activities

1,718,239

531,659

Cash flows from investing activities

Purchase of tangible fixed assets

(73,156

)

(103,532

)

Sale of tangible fixed assets

6,084

-

Interest received

19,818

4,338

Net cash from investing activities

(47,254

)

(99,194

)

Cash flows from financing activities

Loan repayments in year

(10,001

)

(9,999

)

Capital repayments in year

(33,951

)

18,992

Amount withdrawn by directors

(120,550

)

200,000

Equity dividends paid

(631,725

)

(422,134

)

Net cash from financing activities

(796,227

)

(213,141

)

Increase in cash and cash equivalents

874,758

219,324

Cash and cash equivalents at beginning of year

2

1,021,002

801,678

Cash and cash equivalents at end of year

2

1,895,760

1,021,002

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

31/7/25

31/7/24

£

£

Profit before taxation

1,435,426

1,285,806

Depreciation charges

53,728

48,528

Profit on disposal of fixed assets

(626

)

-

Finance costs

4,343

4,707

Finance income

(19,818

)

(4,338

)

1,473,053

1,334,703

Increase in trade and other debtors

(1,311,476

)

(941,662

)

Increase in trade and other creditors

1,899,705

318,450

Cash generated from operations

2,061,282

711,491

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 31st July 2025

31/7/25

1/8/24

£

£

Cash and cash equivalents

1,895,760

1,021,002

Year ended 31st July 2024

31/7/24

1/8/23

£

£

Cash and cash equivalents

1,021,002

801,678

3.	ANALYSIS OF CHANGES IN NET FUNDS

At 1/8/24

Cash flow

At 31/7/25

£

£

£

Net cash

Cash at bank and in hand

1,021,002

874,758

1,895,760

1,021,002

874,758

1,895,760

Debt

Finance leases

(72,530

)

33,951

(38,579

)

Debts falling due within 1 year

(10,000

)

833

(9,167

)

Debts falling due after 1 year

(9,167

)

9,167

-

(91,697

)

43,951

(47,746

)

Total

929,305

918,709

1,848,014

1.	STATUTORY INFORMATION

BOWDEN MOSS 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.

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" 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.

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.

Plant and machinery

-

25% on reducing balance

Office equipment

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

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

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument and are initially measured at the transaction price, including transaction costs, unless the arrangement constitutes a financing transaction.

Financial assets

Financial assets comprise trade and other debtors and cash and cash equivalents. Basic financial assets are subsequently measured at amortised cost, less impairment. Cash and cash equivalents include cash at bank and in hand.

At each reporting date, financial assets measured at amortised cost are reviewed for objective evidence of impairment. If such evidence exists, an impairment loss is recognised in profit or loss. Impairment losses are reversed if the impairment decreases in subsequent periods and the decrease can be related objectively to an event occurring after the impairment was recognised.

Financial liabilities

Financial liabilities comprise trade and other creditors and bank borrowings. Basic financial liabilities are subsequently measured at amortised cost. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business.

Derecognition

Financial assets are derecognised when the contractual rights to the cash flows from the asset expire or are settled. Financial liabilities are derecognised when the obligations are discharged, cancelled or expire.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

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

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives and are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to profit or loss so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

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.

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

3.	EMPLOYEES AND DIRECTORS

31/7/25

31/7/24

£

£

Wages and salaries

1,143,502

728,791

Social security costs

103,942

63,530

Other pension costs

135,056

87,686

1,382,500

880,007

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

31/7/25

31/7/24

Directors

1

1

Office and management

17

13

18

14

31/7/25

31/7/24

£

£

Director's remuneration

30,309

13,713

Director's pension contributions to money purchase schemes

60,000

60,000

4.	OPERATING PROFIT

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

31/7/25

31/7/24

£

£

Hire of plant and machinery

669,385

510,258

Other operating leases

33,221

35,837

Depreciation - owned assets

28,061

14,570

Depreciation - assets on hire purchase contracts

25,665

33,959

Profit on disposal of fixed assets

(626

)

-

5.	AUDITORS' REMUNERATION

31/7/25

31/7/24

£

£

Fees payable to the company's auditors for the audit of the company's financial statements

5,000

-

6.

INTEREST PAYABLE AND SIMILAR EXPENSES

31/7/25

31/7/24

£

£

Bank loan interest

364

616

Hire purchase

3,979

4,091

4,343

4,707