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REGISTERED NUMBER: 02976617 (England and Wales)

| STRATEGIC REPORT, |

| REPORT OF THE DIRECTOR AND |

| FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 JULY 2025 |

| FOR |

| UK GAS SERVICES LIMITED |

UK GAS SERVICES LIMITED (REGISTERED NUMBER: 02976617)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

Page |

Company Information | 1 |

Strategic Report | 2 |

Report of the Director | 3 |

Report of the Independent Auditors | 4 |

Income Statement | 8 |

Other Comprehensive Income | 9 |

Balance Sheet | 10 |

Statement of Changes in Equity | 11 |

Notes to the Financial Statements | 12 |

UK GAS SERVICES LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 JULY 2025

| DIRECTOR: | Mr AK Newton

| REGISTERED OFFICE: | 2Apples House

| Centurion Way

| Meridian Business Park

| Leicester

| Leicestershire

| LE19 1WH

| REGISTERED NUMBER: | 02976617 (England and Wales)

| SENIOR STATUTORY AUDITOR: | Westleigh Scales FCA

| AUDITORS: | Mark J Rees LLP Chartered Accountants

| and Statutory Auditors

| Granville Hall

| Granville Road

| Leicester

| LE1 7RU

| BANKERS: | Royal Bank of Scotland

| 36 St. Andrew Square

| Edinburgh

| EH2 2YB

UK GAS SERVICES LIMITED (REGISTERED NUMBER: 02976617)

STRATEGIC REPORT

FOR THE YEAR ENDED 31 JULY 2025

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

UK Gas Services Limited is an established business that started in October 1994. The company has since grown to become a leading business in boilers, plumbing, heating and related domestic services.

REVIEW OF BUSINESS

The results for the year and financial position of the group are as shown in the annexed financial statements.

Performance of the business and Outlook

Turnover has increased by £1.9m (18.7%) on 2024, in line with budgeted figures, with gross profit margin being maintained at 28%.

Our KPI's for the year show how much we have achieved this year:

KPI's £ |  | 2025 |  | 2024 |

Turnover |  | 12,111 |  | 10,202 |

Gross Profit % |  | 28.30 |  | 28.63 |

Operating Profit |  | 475 |  | 634 |

Operating Profit % |  | 3.92 |  | 6.21 |

Net Profit/(Loss) |  | 340 |  | 477 |

Net Assets |  | 4,899 |  | 4,557 |

PRINCIPAL RISKS AND UNCERTAINTIES

The company manages liquidity risk by ensuring that there are sufficient funds to meet amounts due to trade creditors and loan repayments. Trade debtors are managed in respect of credit and cash flow risk by regular monitoring of amounts outstanding in terms of time and credit limits.

Our experienced management team and financial position enable us to be well positioned to continue the successful growth and development of the company. The directors are responsible for the maintenance of the company's website https://www.ukgasservices.co.uk.

ON BEHALF OF THE BOARD:

Mr AK Newton - Director

30 April 2026

UK GAS SERVICES LIMITED (REGISTERED NUMBER: 02976617)

REPORT OF THE DIRECTOR

FOR THE YEAR ENDED 31 JULY 2025

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

DIVIDENDS

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

DIRECTOR

Mr AK Newton held office during the whole of the period from 1 August 2024 to the date of this 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, Mark J Rees LLP Chartered Accountants, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

Mr AK Newton - Director

30 April 2026

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF

UK GAS SERVICES LIMITED

Opinion

We have audited the financial statements of UK Gas Services Limited (the 'company') for the year ended 31 July 2025 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and 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 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.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF

UK GAS SERVICES 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 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 three, 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.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF

UK GAS SERVICES LIMITED

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:

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud.

We have determined that the principal risk areas where material irregularities could occur were related to the posting of manual journal entries to manipulate financial performance, revenue recognition, significant one-off or unusual transactions and going concern.

Our audit procedures were designed to respond in particular to these identified risks (including non compliance with laws and regulations and fraud).

Our audit procedures included but were not limited to:

- A review of a sample of both private and contracted sales in the year to ensure these were correctly recorded in revenue and detailed cut off testing around the year end to ensure revenue is correctly stated.

- A review of a sample of sales accruals to ensure their accuracy and reasonableness.

- A review of the relevant certifications and accreditations to ensure that the company is certified as required for carrying out their work in line with industry standards.

- Addressing the risks of fraud through management override of controls by performing journal entry testing.

- A review of the going concern status of the company through discussions with management and an analysis of forecasts prepared up to 12 months following audit sign off.

We did not identify any matters during the course of our work that indicated non-compliance with laws and regulations or relating to fraud.

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

UK GAS SERVICES 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.

Westleigh Scales FCA (Senior Statutory Auditor)

for and on behalf of Mark J Rees LLP Chartered Accountants

and Statutory Auditors

Granville Hall

Granville Road

Leicester

LE1 7RU

1 May 2026

UK GAS SERVICES LIMITED (REGISTERED NUMBER: 02976617)

INCOME STATEMENT

FOR THE YEAR ENDED 31 JULY 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

TURNOVER | 4 | 12,111,329 |  | 10,202,172 |  |

Cost of sales | 8,683,322 |  | 7,280,952 |  |

GROSS PROFIT | 3,428,007 |  | 2,921,220 |  |

Distribution costs | 936,264 |  | 845,906 |  |

Administrative expenses | 2,017,056 |  | 1,441,496 |  |

|  |  | 2,953,320 |  |  |  |  | 2,287,402 |  |

OPERATING PROFIT | 6 | 474,687 |  | 633,818 |  |

Interest payable and similar expenses | 7 | 4,904 |  | 11,255 |  |

PROFIT BEFORE TAXATION | 469,783 |  | 622,563 |  |

Tax on profit | 8 | 128,144 |  | 145,463 |  |

PROFIT FOR THE FINANCIAL YEAR | 341,639 |  | 477,100 |  |

UK GAS SERVICES LIMITED (REGISTERED NUMBER: 02976617)

OTHER COMPREHENSIVE INCOME

FOR THE YEAR ENDED 31 JULY 2025

| 2025 |  | 2024

| Notes | £ | £ |

PROFIT FOR THE YEAR | 341,639 |  | 477,100 |  |

OTHER COMPREHENSIVE INCOME | - |  | - |  |

TOTAL COMPREHENSIVE INCOME FOR THE YEAR | 341,639 |  | 477,100 |  |

UK GAS SERVICES LIMITED (REGISTERED NUMBER: 02976617)

BALANCE SHEET

31 JULY 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 9 | - |  | - |  |

Tangible assets | 10 | - |  | 9,817 |  |

- |  | 9,817 |  |

CURRENT ASSETS

Stocks | 11 | 42,110 |  | 66,905 |  |

Debtors | 12 | 7,219,552 |  | 6,093,324 |  |

Cash at bank and in hand | 41,096 |  | 306,820 |  |

7,302,758 |  | 6,467,049 |  |

CREDITORS

Amounts falling due within one year | 13 | 2,370,098 |  | 1,805,611 |  |

NET CURRENT ASSETS | 4,932,660 |  | 4,661,438 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 4,932,660 |  | 4,671,255 |  |

CREDITORS

Amounts falling due after more than one year | 14 | - |  | (38,333 | ) |

PROVISIONS FOR LIABILITIES | 18 | (33,661 | ) | (75,562 | ) |

NET ASSETS | 4,898,999 |  | 4,557,360 |  |

CAPITAL AND RESERVES

Called up share capital | 19 | 2 |  | 2 |  |

Retained earnings | 20 | 4,898,997 |  | 4,557,358 |  |

SHAREHOLDERS' FUNDS | 4,898,999 |  | 4,557,360 |  |

The financial statements were approved by the director and authorised for issue on 30 April 2026 and were signed by:

Mr AK Newton - Director

UK GAS SERVICES LIMITED (REGISTERED NUMBER: 02976617)

STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 JULY 2025

| Called up |

| share |  | Retained |  | Total

| capital |  | earnings |  | equity

£ | £ | £ |

Balance at 1 August 2023 | 2 |  | 4,080,258 |  | 4,080,260 |  |

Changes in equity

Total comprehensive income | - |  | 477,100 |  | 477,100 |  |

Balance at 31 July 2024 | 2 |  | 4,557,358 |  | 4,557,360 |  |

Changes in equity

Total comprehensive income | - |  | 341,639 |  | 341,639 |  |

Balance at 31 July 2025 | 2 |  | 4,898,997 |  | 4,898,999 |  |

UK GAS SERVICES LIMITED (REGISTERED NUMBER: 02976617)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

1. | STATUTORY INFORMATION

| The principal activity of UK Gas Services Limited is that of boilers, plumbing, heating and related domestic services.

| The company is a private limited company (registered number 02976617), which is incorporated and domiciled in the UK. The address of the registered office is 2 Apples House Centurion Way, Meridian Business Park, Braunstone, Leicestershire, England, LE19 1WH.

2. | STATEMENT OF COMPLIANCE

| 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.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements have been prepared under the historical cost convention.

| Financial Reporting Standard 102 - reduced disclosure exemptions

| The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":

| • | the requirements of Section 7 Statement of Cash Flows;

| • | the requirement of paragraph 33.7.

| Significant judgements and estimates

| There were no areas in which the preparation of the financial statements required to make significant judgements or estimates.

UK GAS SERVICES LIMITED (REGISTERED NUMBER: 02976617)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JULY 2025

3. | ACCOUNTING POLICIES - continued

| Turnover

| Turnover represents net invoiced sales of goods and services, excluding value added tax.

| Turnover in respect of private work is recognised at the point the work is completed.

| Contract income

| Turnover on uncompleted contracts is recognised where the outcome can be estimated reliably, contract income is recognised by reference to the stage of completion to the extent that services have been performed and work completed.

| Performance is measured based on a percentage of the work completed.

| Assets arising from recognition of revenue are recorded in debtors due within one year, initially as amounts recoverable on contracts and transferred to debtors when invoiced.

| Amounts received from customers for services not yet recognised as revenue are initially classified as payments received in advance on contracts within creditors.

| 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.

| Website and software is being amortised evenly over its estimated useful life of four years.

| Tangible fixed assets

| Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Plant and equipment - 25% on cost

| Computer equipment - 33% on cost

| Motor vehicles - 25% on cost

| Stocks

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

| Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

UK GAS SERVICES LIMITED (REGISTERED NUMBER: 02976617)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JULY 2025

3. | ACCOUNTING POLICIES - continued

| 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.

| 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.

| Warranty provision

| Provision is made for the estimated liability on all products still under warranty, including claims already received.

| Where works undertaken are part of an order or contract that includes customer retentions then the provision is based on an estimate of the likely cost of any potential call backs during the warranty period. For all other works the provision is based on past experience of claims arising in the warranty period.

| Debtors

| Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

| Creditors

| Short term trade creditors are measured at the 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.

| Operating leases

| Operating lease rentals are charged in the profit and loss account on a straight line basis over the lease term.

| Going concern

| After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

UK GAS SERVICES LIMITED (REGISTERED NUMBER: 02976617)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JULY 2025

4. | TURNOVER

| The turnover was derived from the company's principal activity which was carried out wholly in the UK.

5. | EMPLOYEES AND DIRECTORS

| 2025 |  | 2024

£ | £ |

| Wages and salaries | 3,245,088 |  | 2,304,213 |  |

| Social security costs | 133,729 |  | 189,381 |  |

| Other pension costs | 97,278 |  | 101,507 |  |

3,476,095 |  | 2,595,101 |  |

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

| 2025 |  | 2024

| Directors | 1 |  | 1 |  |

| Other | 82 |  | 71 |  |

83 |  | 72 |  |

| 2025 |  | 2024

£ | £ |

| Director's remuneration | 24,329 |  | 19,544 |  |

| Director's pension contributions to money purchase schemes | 689 |  | 1,064 |  |

| The number of directors to whom retirement benefits were accruing was as follows:

| Money purchase schemes | 1 |  | 1 |  |

| The directors are deemed to be the key management personnel of the company, having authority and responsibility for planning, directing and controlling the activities of the company.

6. | OPERATING PROFIT

| The operating profit is stated after charging:

| 2025 |  | 2024

£ | £ |

| Depreciation - owned assets | 9,817 |  | 11,899 |  |

| Auditors remuneration | 6,500 |  | 6,500 |  |

UK GAS SERVICES LIMITED (REGISTERED NUMBER: 02976617)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JULY 2025

7. | INTEREST PAYABLE AND SIMILAR EXPENSES |

| 2025 |  | 2024

£ | £ |

| Bank interest | 847 |  | 7,128 |  |

| HMRC interest | 4,057 |  | 4,127 |  |

4,904 |  | 11,255 |  |

8. | TAXATION

| Analysis of the tax charge

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

| 2025 |  | 2024

£ | £ |

| Current tax:

| UK corporation tax | 131,522 |  | 145,000 |  |

| Prior year

| UK corporation tax | (2,041 | ) | 4,555 |  |

| Total current tax | 129,481 |  | 149,555 |  |

| Deferred taxation | (1,337 | ) | (4,092 | ) |

| Tax on profit | 128,144 |  | 145,463 |  |

| 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:

| 2025 |  | 2024

£ | £ |

| Profit before tax | 469,783 |  | 622,563 |  |

| Profit multiplied by the standard rate of corporation tax in the UK of 25% (2024 - 25%) | 117,446 |  | 155,641 |  |

| Effects of:

| Expenses not deductible for tax purposes | 29,055 |  | 9,810 |  |

| Capital allowances in excess of depreciation | (15,578 | ) | - |  |

| Depreciation in excess of capital allowances | - |  | 1,938 |  |

| Utilisation of tax losses | (738 | ) | (26,481 | ) |

| Adjustments to tax charge in respect of previous periods | (2,041 | ) | 4,555 |  |

| Total tax charge | 128,144 |  | 145,463 |  |

UK GAS SERVICES LIMITED (REGISTERED NUMBER: 02976617)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JULY 2025

9. | INTANGIBLE FIXED ASSETS

| Website

| and

| software

£ |

| COST

| At 1 August 2024

| and 31 July 2025 | 25,803 |  |

| AMORTISATION

| At 1 August 2024

| and 31 July 2025 | 25,803 |  |

| NET BOOK VALUE

| At 31 July 2025 | - |  |

| At 31 July 2024 | - |  |

10. | TANGIBLE FIXED ASSETS

| Plant and |  | Computer |

| equipment |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 August 2024

| and 31 July 2025 | 21,767 |  | 28,969 |  | 50,736 |  |

| DEPRECIATION

| At 1 August 2024 | 16,454 |  | 24,465 |  | 40,919 |  |

| Charge for year | 5,313 |  | 4,504 |  | 9,817 |  |

| At 31 July 2025 | 21,767 |  | 28,969 |  | 50,736 |  |

| NET BOOK VALUE

| At 31 July 2025 | - |  | - |  | - |  |

| At 31 July 2024 | 5,313 |  | 4,504 |  | 9,817 |  |

11. | STOCKS

2025 | 2024 |

£ | £ |

| Raw materials | 42,110 |  | 66,905 |  |

UK GAS SERVICES LIMITED (REGISTERED NUMBER: 02976617)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JULY 2025

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

2025 | 2024 |

£ | £ |

| Trade debtors | 1,077,728 |  | 873,425 |  |

| Amounts owed by group undertakings | 4,853,557 |  | 4,577,819 |  |

| Amounts recoverable on contract | 1,005,692 |  | 508,005 |  |

| Other debtors | 57,869 |  | 46,887 |  |

| Prepayments | 224,706 |  | 87,188 |  |

7,219,552 |  | 6,093,324 |  |

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

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts (see note 15) | 279,952 |  | 46,000 |  |

| Trade creditors | 1,285,142 |  | 1,125,897 |  |

| Taxation | 130,665 |  | 145,000 |  |

| Paye/Ni payable | 111,543 |  | 60,332 |  |

| VAT | 365,755 |  | 251,965 |  |

| Pension funds | 11,821 |  | 19,702 |  |

| Credit card | 8,248 |  | 3,687 |  |

| Accruals and deferred income | 176,972 |  | 153,028 |  |

2,370,098 |  | 1,805,611 |  |

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

2025 | 2024 |

£ | £ |

| Bank loans (see note 15) | - |  | 38,333 |  |

15. | LOANS

| An analysis of the maturity of loans is given below:

2025 | 2024 |

£ | £ |

| Amounts falling due within one year or on demand:

| Bank overdrafts | 241,618 |  | - |  |

| Bank loans - less than 1 year | 38,334 |  | 46,000 |  |

279,952 |  | 46,000 |  |

| Amounts falling due between one and two years:

| Bank loans - 1-2 years | - |  | 38,333 |  |

UK GAS SERVICES LIMITED (REGISTERED NUMBER: 02976617)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JULY 2025

16. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

2025 | 2024 |

£ | £ |

| Within one year | 124,000 |  | 38,133 |  |

| Between one and five years | 110,000 |  | 14,000 |  |

| In more than five years | 284,167 |  | - |  |

518,167 |  | 52,133 |  |

17. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Bank overdraft | 241,618 |  | - |  |

| Bank loans | 38,334 |  | 84,333 |  |

279,952 |  | 84,333 |  |

| Bank overdrafts and bank loans are secured on all the assets of the group.

18. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

£ | £ |

| Deferred tax

| Accelerated capital allowance | - |  | 1,337 |  |

| Warranty provision | 33,661 |  | 74,225 |  |

33,661 |  | 75,562 |  |

| Deferred |

| tax |

£ |

| Balance at 1 August 2024 | 1,337 |  |

| Movement in year | (1,337 | ) |

| Balance at 31 July 2025 | - |  |

UK GAS SERVICES LIMITED (REGISTERED NUMBER: 02976617)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JULY 2025

19. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 200 | Ordinary | 1p | 2 |  | 2 |  |

20. | RESERVES

| Retained

| earnings

£ |

| At 1 August 2024 | 4,557,358 |  |

| Profit for the year | 341,639 |  |

| At 31 July 2025 | 4,898,997 |  |

21. | PENSION COMMITMENTS

| The company operates defined contribution pension schemes. The assets of the schemes are held separately from those of the company within independently administered funds. The total contributions paid in the year amounted to £96,589 (2024 - £101,507). Contributions of £11,821 (2024 - £19,702) were unpaid at the year end.

22. | RELATED PARTY DISCLOSURES

| The company has taken advantage of 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.

| During the period there existed an inter-company guarantee between the company, UK Gas Services (Leicestershire) Group Limited and 2 Apples Limited in respect of all of the group's bank loans and overdrafts.

23. | ULTIMATE PARENT COMPANY

| The company's immediate parent undertaking is UK Gas Services (Leicestershire) Group Limited. The registered office address and the principal place of business of UK Gas Services (Leicestershire) Group Limited is 2 Apples House Centurion Way, Meridian Business Park, Braunstone, Leicestershire, England, LE19 1WH.

| The company's ultimate parent undertaking is 2 Apples Limited, which owns 100% share capital of UK Gas Services (Leicestershire) Group Limited. The registered office address and the principal place of business of 2 Apples Limited is 2 Apples House Centurion Way, Meridian Business Park, Braunstone, Leicestershire, England, LE19 1WH.

| The company is included within the consolidated financial statements of 2 Apples Limited and copies of these can be obtained from Companies House, Crown Way, Cardiff CF14 3UZ.