REGISTERED NUMBER: 05541349 (England and Wales)

STRATEGIC REPORT, REPORT OF THE DIRECTOR AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

D SALES (U.K.) LIMITED

Page

Company Information

1

Strategic Report

2

Report of the Director

3

Report of the Independent Auditors

4

Income Statement

7

Other Comprehensive Income

8

Balance Sheet

9

Statement of Changes in Equity

10

Cash Flow Statement

11

Notes to the Cash Flow Statement

12

Notes to the Financial Statements

13

DIRECTOR:

J. P. Whitworth

SECRETARY:

Mrs. C. Dransfield

REGISTERED OFFICE:

Unit 4 Copley Valley Business Park

Copley Valley Road

Sowerby Bridge

West Yorkshire

HX6 2WA

REGISTERED NUMBER:

05541349 (England and Wales)

AUDITORS:

TC Group

Statutory Auditors

Park House

200 Drake Street

Rochdale

Lancashire

OL16 1PJ

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

The principle activity of the company under review was that of the wholesale distribution of office equipment and consumables.

REVIEW OF BUSINESS

The company has continued to perform well during the financial year under difficult trading conditions in the wider business environment.

The company has maintained the level of sales during the year ended 31 August 2025 at £13.5m (2024 - £13.2m) and maintained stable gross profit margins at 26.2% (2024 - 25.9%). Although the strengthening of the euro over the year has lead to an increase in purchase costs, these cost increases have been passed on to customers to enable margins to be maintained.

PRINCIPAL RISKS AND UNCERTAINTIES

The main risks affecting the company continues to be that of the effect of Brexit and the Euro exchange rate. There is also the change to working practices for small to medium sized businesses, with a shift to working from home and a move towards the paperless office.

The company imports the majority of its products from the European Union and the Euro exchange rate has a direct impact on the company's gross profit margins. The directors are closely monitoring the exchange rates so that the risks can be managed as effectively as possible.

If exchange rates remain at current levels, then the director expects that the company will be able to further expand and increase market share while maintaining current levels of profitability.

Changes to working practices has the potential for reduced demand for printed products. However, the directors are monitoring this situation closely and feel that the company is in a strong position to adapt quickly to changing market conditions, to increase its market share and maintain its overall position.

ON BEHALF OF THE BOARD:

J. P. Whitworth - Director

20 May 2026

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

DIVIDENDS

Interim dividends per share were paid as follows:

Ordinary "A" £1 shares

£25.11222721

- 6 April 2025

Ordinary "B" £1 shares

NIL

Ordinary "C" £1 shares

£12.06554756

- 6 April 2025

The director recommends that no final dividends be paid.

The total distribution of dividends for the year ended 31 August 2025 will be £ 580,095 .

DIRECTOR

J. P. Whitworth was the sole director during the year under review.

His beneficial interest in the issued share capital of the company was as follows:

31.8.25

1.9.24

Ordinary "A" £1 shares

22,499

22,499

Ordinary "B" £1 shares

-

-

Ordinary "C" £1 shares

-

-

CHARITABLE DONATIONS AND EXPENDITURE

The company made charitable contributions of £63,959 during the year (2024 - £37,123).

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, TC Group, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

J. P. Whitworth - Director

20 May 2026

Opinion

We have audited the financial statements of D Sales (U.K.) Limited (the 'company') for the year ended 31 August 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 31 August 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 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.

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:

The engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations;

- we identified the laws and regulations applicable to the company through discussions with directors and other management, and from our commercial knowledge and experience;

- we focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, including Companies Act 2006, taxation legislation, data protection, anti-bribery, employment, environmental and health and safety legislation;

- we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence; and

- identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit.

We assessed the susceptibility of the company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

- making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; and

- considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations

To address the risk of fraud through management bias and override of controls, we:

- performed analytical procedures to identify any unusual or unexpected relationships;

- tested journal entries to identify unusual transactions;

- assessed whether judgements and assumptions made in determining the accounting estimates were indicative of potential bias; and

- investigated the rationale behind significant or unusual transactions.

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.

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.

Christian Morris Bsc ACA (Senior Statutory Auditor)

for and on behalf of TC Group

Statutory Auditors

Park House

200 Drake Street

Rochdale

Lancashire

OL16 1PJ

20 May 2026

TURNOVER

13,485,436

13,164,095

Cost of sales

9,953,667

9,749,166

GROSS PROFIT

3,531,769

3,414,929

Distribution costs

214,751

206,044

Administrative expenses

2,348,812

2,051,922

2,563,563

2,257,966

968,206

1,156,963

Other operating income

70,954

19,960

OPERATING PROFIT

5

1,039,160

1,176,923

Interest receivable and similar income

-

29

1,039,160

1,176,952

Interest payable and similar expenses

6

81,430

61,229

PROFIT BEFORE TAXATION

957,730

1,115,723

Tax on profit

7

297,571

343,154

PROFIT FOR THE FINANCIAL YEAR

660,159

772,569

PROFIT FOR THE YEAR

660,159

772,569

OTHER COMPREHENSIVE INCOME

Revaluation of tangible fixed assets

100,000

(125,625

)

Income tax relating to other comprehensive income

(25,000

)

-

OTHER COMPREHENSIVE INCOME FOR THE YEAR, NET OF INCOME TAX

75,000

(125,625

)

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

735,159

646,944

FIXED ASSETS

Tangible assets

9

2,183,558

1,927,909

Investments

10

150,266

141,811

Investment property

11

240,000

190,000

2,573,824

2,259,720

CURRENT ASSETS

Stocks

12

1,285,834

1,003,440

Debtors

13

2,987,278

2,487,806

Cash at bank and in hand

90,946

11,108

4,364,058

3,502,354

CREDITORS

Amounts falling due within one year

14

4,775,409

3,752,323

NET CURRENT LIABILITIES

(411,351

)

(249,969

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,162,473

2,009,751

CREDITORS

Amounts falling due after more than one year

15

(109,376

)

(205,470

)

PROVISIONS FOR LIABILITIES

19

(175,647

)

(81,895

)

NET ASSETS

1,877,450

1,722,386

CAPITAL AND RESERVES

Called up share capital

20

25,001

25,001

Revaluation reserve

21

316,198

241,198

Capital redemption reserve

21

24,999

24,999

Fair value reserve

21

33,450

-

Retained earnings

21

1,477,802

1,431,188

SHAREHOLDERS' FUNDS

1,877,450

1,722,386

The financial statements were approved by the director and authorised for issue on 20 May 2026 and were signed by:

J. P. Whitworth - Director

Called up

share

Retained

Revaluation

capital

earnings

reserve

£

£

£

Balance at 1 September 2023

26,500

1,564,742

241,198

Changes in equity

Issue of share capital

(1,499

)

-

-

Dividends

-

(780,498

)

-

Total comprehensive income

-

646,944

-

Balance at 31 August 2024

25,001

1,431,188

241,198

Changes in equity

Dividends

-

(580,095

)

-

Total comprehensive income

-

626,709

75,000

Balance at 31 August 2025

25,001

1,477,802

316,198

Capital

Fair

redemption

value

Total

reserve

reserve

equity

£

£

£

Balance at 1 September 2023

23,500

-

1,855,940

Changes in equity

Issue of share capital

-

-

(1,499

)

Dividends

-

-

(780,498

)

Total comprehensive income

1,499

-

648,443

Balance at 31 August 2024

24,999

-

1,722,386

Changes in equity

Dividends

-

-

(580,095

)

Total comprehensive income

-

33,450

735,159

Balance at 31 August 2025

24,999

33,450

1,877,450

Cash flows from operating activities

Cash generated from operations

1

1,790,587

1,171,409

Interest paid

(42,956

)

(45,139

)

Interest element of hire purchase payments paid

(38,474

)

(16,090

)

Tax paid

(332,942

)

(379,092

)

Net cash from operating activities

1,376,215

731,088

Cash flows from investing activities

Purchase of tangible fixed assets

(409,109

)

(277,863

)

Purchase of fixed asset investments

(8,455

)

(18,177

)

Sale of tangible fixed assets

116,449

94,000

Interest received

-

29

Net cash from investing activities

(301,115

)

(202,011

)

Cash flows from financing activities

Loan repayments in year

(62,500

)

-

Capital repayments in year

(47,304

)

(207,230

)

Amount introduced by directors

565,001

712,999

Amount withdrawn by directors

(870,364

)

(358,492

)

Share buyback

-

(125,625

)

Equity dividends paid

(580,095

)

(780,498

)

Net cash from financing activities

(995,262

)

(758,846

)

Increase/(decrease) in cash and cash equivalents

79,838

(229,769

)

Cash and cash equivalents at beginning of year

2

11,108

240,877

Cash and cash equivalents at end of year

2

90,946

11,108

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

2025

2024

£

£

Profit before taxation

957,730

1,115,723

Depreciation charges

117,763

142,634

Loss/(profit) on disposal of fixed assets

19,248

(58,150

)

Gain on revaluation of fixed assets

(50,000

)

-

Finance costs

81,430

61,229

Finance income

-

(29

)

1,126,171

1,261,407

(Increase)/decrease in stocks

(282,394

)

483,405

Increase in trade and other debtors

(199,932

)

(64,594

)

Increase/(decrease) in trade and other creditors

1,146,742

(508,809

)

Cash generated from operations

1,790,587

1,171,409

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 31 August 2025

31.8.25

1.9.24

£

£

Cash and cash equivalents

90,946

11,108

Year ended 31 August 2024

31.8.24

1.9.23

£

£

Cash and cash equivalents

11,108

240,877

3.	ANALYSIS OF CHANGES IN NET DEBT

At 1.9.24

Cash flow

At 31.8.25

£

£

£

Net cash

Cash at bank and in hand

11,108

79,838

90,946

11,108

79,838

90,946

Debt

Finance leases

(199,523

)

47,304

(152,219

)

Debts falling due within 1 year

(62,496

)

15,621

(46,875

)

Debts falling due after 1 year

(46,879

)

46,879

-

(308,898

)

109,804

(199,094

)

Total

(297,790

)

189,642

(108,148

)

1.	STATUTORY INFORMATION

D Sales (U.K.) 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 as modified by the revaluation of certain assets.

Turnover

Turnover from the sale of goods as specified in the strategic report is recognised when all of the following conditions are satisfied:

- the company has transferred to the buyer the significant risks and rewards of ownership of the goods;

- the company retains neither continuing managerial involvement to the degree usually associated with

- ownership nor effective control over the goods sold;

- the amount of revenue can be measured reliably;

- it is probable that the economic benefits associated with the transaction can be measured reliably;

- the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed, ans is measured at the fair value of the consideration received net of discounts, rebates and Value Added Tax.

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

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Freehold land and buildings are not depreciated. The directors perform an annual review for impairment to ensure that the value of the property is in excess of the original cost.

At each balance sheet date, the Company reviews the carrying amounts of its property, plant and equipment to determine whether there is any indication that any items of property, plant and equipment have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the assets, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

If the recoverable amount of an asset is estimated to be less that its carrying amount, the carrying amount of the asset is reduced to its recoverable amount. Impairment loss is recognised as an expense immediately.

Where an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount and would have been determined (net of depreciation) had no impairment loss be recognised for the asset in prior years. A reversal of an impairment loss is recognised as income immediately.

Investment property

Investment property is shown at valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the profit and loss account.

Stocks

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

Financial instruments

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors and provisions

Creditors and provisions are recognised where the company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Financial Instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet 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.

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.

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.

Investments

The investments are stated at fair value where they are readily ascertainable. Aggregate surpluses or deficits arising from changes in fair value are recognised in the profit and loss account. Where investment values are not readily ascertainable they are valued at cost.

Investments in vehicle registration plates are stated at cost.

Going concern

The directors have prepared the financial statements on a going concern basis, as they have a reasonable expectation that the Company has adequate resources to continue in operational existence for a period of at least twelve months from the date of approval of these financial statements.

In making this assessment, the directors have considered the Company’s current financial position and the principal risks and uncertainties facing the business. This includes assumptions regarding trading performance, working capital requirements, and available financing facilities.

The directors have also considered sensitivities in respect of key assumptions, including potential reductions in revenue, increases in costs, and the availability of funding. Where relevant, mitigating actions within the control of management have been evaluated.

Based on this assessment, the directors are satisfied that the Company will be able to meet its liabilities as they fall due for the foreseeable future and, accordingly, continue to adopt the going concern basis in preparing the financial statements.

3.	CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY

The company holds freehold property and investment property that is measured at revalued amount, being fair value at the date of revaluation.

Management has exercised significant judgement in determining that the revaluation amounts are appropriate, considering the availability of reliable market-based evidence of fair value.

Judgement is required in evaluating whether there are indicators of material change in fair value between formal valuation dates.

The valuation of freehold property and investment property therefore involves significant estimation and is inherently subjective.

Although the director has not carried out a formal professional valuation, he has consulted with a local chartered surveyor to compare similar properties sold in the area along with comparable property prices, market yields, rental incomes and occupancy rates, in order to arrive at the estimates of fair value.

4.	EMPLOYEES AND DIRECTORS

2025

2024

£

£

Wages and salaries

1,137,453

938,636

Social security costs

169,168

136,531

Other pension costs

21,786

17,992

1,328,407

1,093,159

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

2025

2024

Sales

4

4

Technical

2

2

Administration

7

7

Warehouse

4

3

17

16

2025

2024

£

£

Director's remuneration

352,165

303,044