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REGISTERED NUMBER: NI003548 (Northern Ireland)

Financial Statements for the Year Ended 31 December 2025

for

Johnson Brothers (Distributing) Limited

| Johnson Brothers (Distributing) Limited (Registered number: NI003548) |

Contents of the Financial Statements

for the year ended 31 December 2025

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 3 |

| Johnson Brothers (Distributing) Limited |

Company Information

for the year ended 31 December 2025

| DIRECTORS: | M Y Johnson

| D W M Johnson

| M A Johnson

| R J Johnson

| P Mills

| N J W Patton

| Mrs M E Maginnis

| A M Johnson

| SECRETARY: | Mrs M Maginnis

| REGISTERED OFFICE: | 137 Hillsborough Old Road

| Lisburn

| Co. Antrim

| BT27 5QR

| REGISTERED NUMBER: | NI003548 (Northern Ireland)

| SENIOR STATUTORY AUDITOR: | Anthony Bradley FCA

| AUDITORS: | Cleaver Black

| Chartered Accountants

| Registered Auditors

| Suite 5 Ormeau House

| 91-97 Ormeau Road

| Belfast

| Co. Antrim

| BT7 1SH

| BANKERS: | Bank Of Ireland

| 4 - 8 High Street

| Belfast

| BT1 2BA

| Johnson Brothers (Distributing) Limited (Registered number: NI003548) |

Statement of Financial Position

31 December 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 245,761 |  | 307,620 |  |

245,761 |  | 307,620 |  |

CURRENT ASSETS

Stocks | 6 | 771,965 |  | 757,046 |  |

Debtors | 7 | 780,977 |  | 823,136 |  |

Cash at bank | 632,943 |  | 290,200 |  |

2,185,885 |  | 1,870,382 |  |

CREDITORS

Amounts falling due within one year | 8 | (1,860,724 | ) | (1,798,432 | ) |

NET CURRENT ASSETS | 325,161 |  | 71,950 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 570,922 |  | 379,570 |  |

PROVISIONS FOR LIABILITIES | (61,440 | ) | (76,905 | ) |

NET ASSETS | 509,482 |  | 302,665 |  |

CAPITAL AND RESERVES

Called up share capital | 2,000 |  | 2,000 |  |

Retained earnings | 507,482 |  | 300,665 |  |

SHAREHOLDERS' FUNDS | 509,482 |  | 302,665 |  |

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 April 2026 and were signed on its behalf by:

D W M Johnson - Director

M A Johnson - Director

| Johnson Brothers (Distributing) Limited (Registered number: NI003548) |

Notes to the Financial Statements

for the year ended 31 December 2025

1. | STATUTORY INFORMATION

| Johnson Brothers (Distributing) Limited is a private company, limited by shares , registered in Northern Ireland. 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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| The financial statements are presented in Sterling (£).

| Significant judgements and estimates

| In applying the company's accounting policies the director is required to make significant judgements, estimates and assumptions in determining the carrying amounts of assets and liabilities. The director's judgements, estimates and assumptions are based on the best and most reliable evidence available at the time when the decisions are made, and are based on historical experience and other factors that are considered to be applicable. Due to the inherence subjectivity involved in making such judgements, estimates and assumptions, the actual results and outcomes may differ. The items in the financial statements where these judgements and estimates have been made include:

| Recoverability of Debtors:

| Estimates are made in respect to the recoverable value of trade and other debtors. When assessing the level of provisions required, factors including current trading experience, historical experience and the ageing profile of the debtors are considered.

| Assessing indicators of impairment:

| At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in the profit or loss. If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the asset that would have been determined had no impairment loss been recognised for the asset in previous years. A reversal of an impairment loss is recognised immediately in the profit or loss.

| Turnover

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

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2006, has been amortised evenly over its estimated useful life of five 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.

| Johnson Brothers (Distributing) Limited (Registered number: NI003548) |

Notes to the Financial Statements - continued

for the year ended 31 December 2025

2. | ACCOUNTING POLICIES - continued

| Tangible fixed assets

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

| Motor vehicles | - | 20% on reducing balance

| 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.

| Stocks

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

| Cost is based on the cost of purchase on a first in, first out basis.

| 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 statement of financial position date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

| 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 have assessed, based on the anticipated activities of the company, that there are adequate resources in place to meet the on-going costs of the business for a minimum of 12 months from the date of signing of the financial statements. In coming to this conclusion, the directors have assessed the entity's current financing arrangements and liquid resources. For this reason, the financial statements have been prepared on a going concern basis which presumes the utilisation of assets and liabilities in the normal course of business.

| Johnson Brothers (Distributing) Limited (Registered number: NI003548) |

Notes to the Financial Statements - continued

for the year ended 31 December 2025

2. | ACCOUNTING POLICIES - continued

| Financial instruments

| Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

| Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

| Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 21 (2024 - 20 ) .

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 January 2025

| and 31 December 2025 | 461,602 |  |

| AMORTISATION

| At 1 January 2025

| and 31 December 2025 | 461,602 |  |

| NET BOOK VALUE

| At 31 December 2025 | - |  |

| At 31 December 2024 | - |  |

| Johnson Brothers (Distributing) Limited (Registered number: NI003548) |

Notes to the Financial Statements - continued

for the year ended 31 December 2025

5. | TANGIBLE FIXED ASSETS

| Motor

| vehicles

£ |

| COST

| At 1 January 2025

| and 31 December 2025 | 748,851 |  |

| DEPRECIATION

| At 1 January 2025 | 441,231 |  |

| Charge for year | 61,859 |  |

| At 31 December 2025 | 503,090 |  |

| NET BOOK VALUE

| At 31 December 2025 | 245,761 |  |

| At 31 December 2024 | 307,620 |  |

6. | STOCKS

2025 | 2024 |

£ | £ |

| Finished goods | 771,965 |  | 757,046 |  |

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

2025 | 2024 |

£ | £ |

| Trade debtors | 763,667 |  | 787,481 |  |

| VAT | 408 |  | 18,246 |  |

| Prepayments and accrued income | 16,902 |  | 17,409 |  |

780,977 |  | 823,136 |  |

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

2025 | 2024 |

£ | £ |

| Trade creditors | 293,240 |  | 317,497 |  |

| Amounts owed to group undertakings | 1,458,758 |  | 1,437,657 |  |

| Tax | 84,119 |  | - |  |

| Social security and other taxes | (42 | ) | 8 |  |

| Accrued expenses | 24,649 |  | 43,270 |  |

1,860,724 |  | 1,798,432 |  |

9. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

| The Report of the Auditors was unqualified.

| Anthony Bradley FCA (Senior Statutory Auditor)

| for and on behalf of Cleaver Black

| Johnson Brothers (Distributing) Limited (Registered number: NI003548) |

Notes to the Financial Statements - continued

for the year ended 31 December 2025

10. | 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.

11. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling parties of the company are the shareholders Mr D W M Johnson and Mr M A Johnson.