REGISTERED NUMBER: 09030965 (England and Wales)

Reparo Finance Limited

Unaudited Financial Statements

for the Year Ended 30 September 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

RW Traynor

JC Cossey

CL Kenyon

REGISTERED OFFICE:

28 Eaton Avenue

Matrix Office Park

Buckshaw Village

Chorley

Lancashire

PR7 7NA

REGISTERED NUMBER:

09030965 (England and Wales)

ACCOUNTANTS:

McMillan & Co LLP

Chartered Accountants

28 Eaton Avenue

Matrix Office Park

Buckshaw Village

Chorley

Lancashire

PR7 7NA

FIXED ASSETS

Tangible assets

4

18,769

34,084

CURRENT ASSETS

Debtors

5

2,086,994

2,844,596

Cash at bank

50,076

34,198

2,137,070

2,878,794

CREDITORS

Amounts falling due within one year

6

3,167,344

3,584,666

NET CURRENT LIABILITIES

(1,030,274

)

(705,872

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,011,505

)

(671,788

)

CREDITORS

Amounts falling due after more than one year

7

300,000

390,000

NET LIABILITIES

(1,311,505

)

(1,061,788

)

CAPITAL AND RESERVES

Called up share capital

9

1

1

Retained earnings

(1,311,506

)

(1,061,789

)

SHAREHOLDERS' FUNDS

(1,311,505

)

(1,061,788

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 May 2026 and were signed on its behalf by:

RW Traynor - Director

1.	STATUTORY INFORMATION

Reparo Finance 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 (£).

The amounts in the financial statements have been rounded to the nearest £1.

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 have been prepared on the going concern basis as the directors have indicated their willingness to continue to support the company for the foreseeable future.

Turnover

Turnover represents interest, commissions and fees earned in respect of loans made. Interest is accrued for on a monthly basis except for bullet repayment loans where interest is recognised on a received basis over the life of the loan. Commission and fees are recognised on inception of the loan. Penalty fees and default charges are recognised at the time of default and on an ongoing basis.

Tangible fixed assets

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

Computer equipment and software

-

33% on cost

Financial instruments

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument. Basic financial assets, which include debtors, prepayments and bank balances, are initially measured at transaction price and are subsequently carried at cost unless the arrangement indicates otherwise and then the asset is measured at the present value of the future receipts discounted at a market rate of interest. Basic financial liabilities, which include creditors, accruals, bank loans and group borrowings, are initially recognised at transaction price and are subsequently carried at cost unless the arrangement indicates otherwise and then the liability is measured at the present value of the future obligations discounted at a market rate of interest.

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.

The company pays pension contributions into the personal pension schemes of some directors. Contributions payable to these schemes are charged to the profit and loss account in the period to which they relate.

Bad and doubtful debts

Specific provision for bad debts is made where an amount is in arrears of repayments and in the opinion of the directors doubt exists regarding the recoverability of that debt.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

and

software

£

COST

At 1 October 2024

and 30 September 2025

45,946

DEPRECIATION

At 1 October 2024

11,862

Charge for year

15,315

At 30 September 2025

27,177

NET BOOK VALUE

At 30 September 2025

18,769

At 30 September 2024

34,084

5.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Amounts owed by group undertakings

4,575

4,576

Loans advanced

1,685,714

2,476,222

Prepayments and accrued income

12,569

25,858

1,702,858

2,506,656

Amounts falling due after more than one year:

Loans advanced

384,136

337,940

Aggregate amounts

2,086,994

2,844,596

Loans are disclosed net of finance income due from future periods.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other loans

1,785,305

2,886,776

Trade creditors

5,577

6,439

Amounts owed to group undertakings

156,943

159,648

Social security and other taxes

563

9,963

Directors' loan accounts

1,189,999

484,999

Accruals and deferred income

28,957

36,841

3,167,344

3,584,666

Included in other creditors are amounts due to the directors' of £1,189,999 (2024: £484,999) these amounts are unsecured, interest free and have no fixed repayment terms.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other loans - 1-2 years

-

90,000

Directors' loan accounts

300,000

300,000

300,000

390,000

Included in other creditors are amounts due to the directors' of £300,000 (2024: £300,000) these amounts are unsecured, interest free and have no fixed repayment terms.

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Other loans

1,785,305

2,976,776

£360,000 (2024: £960,000) of the other loans have been personally guaranteed by a director of the company. The full amount is due for repayment within 3 years and interest is payable at normal commercial rates.

£1,425,305 (2024: £2,016,776) is on a revolving credit facility. The loan is secured with a fixed and floating charge.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary

£1

1

1

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 parent company is Reparo Fast Track Finance Group Limited, a company registered in England and Wales.

In the opinion of the director the company is ultimately controlled by Mr RW Traynor by virtue of his shareholding in the ultimate parent company.