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REGISTERED NUMBER: 02905641 (England and Wales)

| FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 AUGUST 2025 |

| FOR |

| PROVIDENCE TRAINING LIMITED |

PROVIDENCE TRAINING LIMITED (REGISTERED NUMBER: 02905641) |

CONTENTS OF THE FINANCIAL STATEMENTS

for the Year Ended 31 August 2025

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 4 |

| PROVIDENCE TRAINING LIMITED |

COMPANY INFORMATION

for the Year Ended 31 August 2025

| DIRECTOR: | D H Warrell

| SECRETARY: | D H Warrell

| REGISTERED OFFICE: | Westaway

| 21Westaway Drive

| Hakin

| Milford Haven

| Pembrokeshire

| SA73 3EQ

| REGISTERED NUMBER: | 02905641 (England and Wales)

| ACCOUNTANTS: | L M Griffiths & Co Limited

| Chartered Certified Accountants

| 1&2 Merlins Court

| Winch Lane

| Haverfordwest

| Pembrokeshire

| SA61 1SB

PROVIDENCE TRAINING LIMITED (REGISTERED NUMBER: 02905641) |

STATEMENT OF FINANCIAL POSITION

31 August 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Property, plant and equipment | 4 | 569,354 |  | 558,087 |  |

Investments | 5 | 500 |  | 500 |  |

569,854 |  | 558,587 |  |

CURRENT ASSETS

Inventories | 3,800 |  | 3,800 |  |

Debtors | 6 | 47,607 |  | 66,966 |  |

Cash at bank and in hand | 214,240 |  | 156,857 |  |

265,647 |  | 227,623 |  |

CREDITORS

Amounts falling due within one year | 7 | (157,544 | ) | (162,802 | ) |

NET CURRENT ASSETS | 108,103 |  | 64,821 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 677,957 |  | 623,408 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (13,201 | ) | (28,217 | ) |

PROVISIONS FOR LIABILITIES | (16,164 | ) | (13,235 | ) |

NET ASSETS | 648,592 |  | 581,956 |  |

CAPITAL AND RESERVES

Called up share capital | 2 |  | 2 |  |

Revaluation reserve | 10 | 375,498 |  | 375,498 |  |

Retained earnings | 273,092 |  | 206,456 |  |

SHAREHOLDERS' FUNDS | 648,592 |  | 581,956 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

PROVIDENCE TRAINING LIMITED (REGISTERED NUMBER: 02905641) |

STATEMENT OF FINANCIAL POSITION - continued

31 August 2025

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 director and authorised for issue on 18 May 2026 and were signed by:

D H Warrell - Director

PROVIDENCE TRAINING LIMITED (REGISTERED NUMBER: 02905641) |

NOTES TO THE FINANCIAL STATEMENTS

for the Year Ended 31 August 2025

1. | STATUTORY INFORMATION

| Providence Training 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 as modified by the revaluation of certain assets.

| The director is not aware of any material uncertainties in making his assessment of going concern. As a result the going concern basis of accounting has been adopted.

| Turnover

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

| Property, plant and equipment

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

| Freehold property | - | in accordance with the property

| Plant and machinery | - | 20% on cost and 15% on reducing balance

| Fixtures and fittings | - | 15% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | 25% on cost

| Property, plant and equipment is measured at cost less accumulated depreciation and any accumulated impairment losses.

| Inventories

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

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the 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.

PROVIDENCE TRAINING LIMITED (REGISTERED NUMBER: 02905641) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 August 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| 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.

| Government grants

| Government grants for capital expenditure are credited to a deferral account and released to the profit and loss account over the expected useful life of the relevant asset.

| Income recognition

| The company's turnover represents the amount derived from training and consultancy services. The company recognises income when the sales invoice has been issued to the customer.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was NIL (2024 - 7 ).

4. | PROPERTY, PLANT AND EQUIPMENT

| Fixtures

| Freehold |  | Plant and |  | and

| property |  | machinery |  | fittings

£ | £ | £ |

| COST OR VALUATION

| At 1 September 2024 | 500,000 |  | 81,875 |  | 9,997 |  |

| Additions | - |  | 16,500 |  | 274 |  |

| At 31 August 2025 | 500,000 |  | 98,375 |  | 10,271 |  |

| DEPRECIATION

| At 1 September 2024 | - |  | 66,899 |  | 7,993 |  |

| Charge for year | - |  | 2,174 |  | 342 |  |

| At 31 August 2025 | - |  | 69,073 |  | 8,335 |  |

| NET BOOK VALUE

| At 31 August 2025 | 500,000 |  | 29,302 |  | 1,936 |  |

| At 31 August 2024 | 500,000 |  | 14,976 |  | 2,004 |  |

PROVIDENCE TRAINING LIMITED (REGISTERED NUMBER: 02905641) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 August 2025

4. | PROPERTY, PLANT AND EQUIPMENT - continued

| Motor |  | Computer |

| vehicles |  | equipment |  | Totals

£ | £ | £ |

| COST OR VALUATION

| At 1 September 2024 | 22,726 |  | 84,233 |  | 698,831 |  |

| Additions | - |  | 3,206 |  | 19,980 |  |

| At 31 August 2025 | 22,726 |  | 87,439 |  | 718,811 |  |

| DEPRECIATION

| At 1 September 2024 | 21,535 |  | 44,317 |  | 140,744 |  |

| Charge for year | 298 |  | 5,899 |  | 8,713 |  |

| At 31 August 2025 | 21,833 |  | 50,216 |  | 149,457 |  |

| NET BOOK VALUE

| At 31 August 2025 | 893 |  | 37,223 |  | 569,354 |  |

| At 31 August 2024 | 1,191 |  | 39,916 |  | 558,087 |  |

| The property was valued by Guy Thomas LLP at £500,000 on 18 August 2023. The valuation was based on the market value of the freehold title with full vacant possession..

| The directors believe that the specialist plant and machinery has an open market value in excess of its carrying value. They estimate the value of workshop plant and machinery at around £125k.

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

| Freehold

| property

£ |

| Valuation in 2013 | 114,250 |  |

| Valuation in 2023 | 174,667 |  |

288,917 |  |

** | TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF

| FREEHOLD PROPERTY

'COST' ACCOUNT TOTAL

| Cost/valuation b/f | 500,000 |  |

500,000 |  |

CLIENT SCREEN TOTAL | = | - |  |

** | TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF

PROVIDENCE TRAINING LIMITED (REGISTERED NUMBER: 02905641) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 August 2025

4. | PROPERTY, PLANT AND EQUIPMENT - continued

| PLANT AND MACHINERY

'COST' ACCOUNT TOTAL

| Cost/valuation b/f | 81,875 |  |

| Additions | 16,500 |  |

98,375 |  |

CLIENT SCREEN TOTAL | = | - |  |

** | TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF

| FIXTURES AND FITTINGS

'COST' ACCOUNT TOTAL

| Cost/valuation b/f | 9,997 |  |

| Additions | 274 |  |

10,271 |  |

CLIENT SCREEN TOTAL | = | - |  |

** | TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF

| MOTOR VEHICLES

'COST' ACCOUNT TOTAL

| Cost/valuation b/f | 22,726 |  |

22,726 |  |

CLIENT SCREEN TOTAL | = | - |  |

** | TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF

| COMPUTER EQUIPMENT

'COST' ACCOUNT TOTAL

| Cost/valuation b/f | 84,233 |  |

| Additions | 3,206 |  |

87,439 |  |

CLIENT SCREEN TOTAL | = | - |  |

PROVIDENCE TRAINING LIMITED (REGISTERED NUMBER: 02905641) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 August 2025

5. | FIXED ASSET INVESTMENTS

| Other

| investments

£ |

| COST

| At 1 September 2024

| and 31 August 2025 | 500 |  |

| NET BOOK VALUE

| At 31 August 2025 | 500 |  |

| At 31 August 2024 | 500 |  |

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

2025 | 2024 |

£ | £ |

| Trade debtors | 44,081 |  | 58,250 |  |

| Other debtors | 3,526 |  | 8,716 |  |

47,607 |  | 66,966 |  |

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

2025 | 2024 |

£ | £ |

| Trade creditors | 67,747 |  | 88,015 |  |

| Taxation and social security | 37,234 |  | 25,332 |  |

| Other creditors | 52,563 |  | 49,455 |  |

157,544 |  | 162,802 |  |

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

2025 | 2024 |

£ | £ |

| Bank loans | 13,201 |  | 15,695 |  |

| Other creditors | - |  | 12,522 |  |

13,201 |  | 28,217 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loan | 13,201 |  | 15,695 |  |

PROVIDENCE TRAINING LIMITED (REGISTERED NUMBER: 02905641) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 August 2025

9. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Bank loans | 13,201 |  | 15,695 |  |

| The bank loan is secured by a charge over freehold property of the company and by a personal guarantee of £50,000 provided by Mr D H Warrell and Mrs C P Warrell, directors.

10. | RESERVES

| Revaluation

| reserve

£ |

| At 1 September 2024

| and 31 August 2025 | 375,498 |  |

11. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits owed by/(to) directors subsisted during the years ended 31 August 2025 and 31 August 2024:

2025 | 2024 |

£ | £ |

| D H Warrell and Mrs C P Warrell

| Balance outstanding at start of year | 3,414 |  | 25,630 |  |

| Amounts repaid | - |  | (22,216 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | - |  | 3,414 |  |