REGISTERED NUMBER: 09663169 (England and Wales)

Group Strategic Report, Report of the Directors and

Consolidated Financial Statements for the Year Ended 31 August 2025

for

Inshore Support Holdings Limited

Page

Company Information

1

Group Strategic Report

2

Report of the Directors

3

Report of the Independent Auditors

5

Consolidated Income Statement

9

Consolidated Other Comprehensive Income

10

Consolidated Balance Sheet

11

Company Balance Sheet

12

Consolidated Statement of Changes in Equity

13

Company Statement of Changes in Equity

14

Consolidated Cash Flow Statement

15

Notes to the Consolidated Cash Flow Statement

16

Notes to the Consolidated Financial Statements

18

DIRECTORS:

Mr A J Webb

Mrs R N Webb

REGISTERED OFFICE:

The Old Doctor's House

74 Grange Road

Dudley

West Midlands

DY1 2AW

REGISTERED NUMBER:

09663169 (England and Wales)

AUDITORS:

Lewis Smith & Co.

Chartered Certified Accountants

Statutory Auditors

The Old Doctor's House

74 Grange Road

Dudley

West Midlands

DY1 2AW

The directors present their strategic report of the company and the group for the year ended 31 August 2025.

REVIEW OF BUSINESS

The results for the year were in line with the directors' expectations.

The group measures business performance with reference to turnover and operating profit.

The group's turnover has increased by £283,052 following increases in funding levels from local councils.

Group Operating Profit has increased from £650,990 in 2024 to £1,026,542 in 2025.

The UK care sector continues to experience problems with staff recruitment and retention, the ongoing impact of the

National Living Wages, increases with inflation and the challenge of recovering the true cost of providing quality care for Local Authority funded residents. The company deals with these pro-actively with negotiations with Local

Authorities to ensure that a sustainable financial model is at the heart of its service delivery and by adapting to the

increases in agency costs with permanent staff.

The Directors are optimistic over future trade but acknowledge that a successful future will, to some extent, depend upon its ability to continually seek fair payment for the care it provides to Local Authority funded residents but is confident in its ability to do so.

Given the recent challenges, the directors' are satisfied with the performance of the group.

PRINCIPAL RISKS AND UNCERTAINTIES

The company recognises areas of risk to the business, the principal of which is the current economic conditions and their impact upon local authority budgets. In order to counter this risk, the company works closely with the local authorities and also seeks client funding from outside authorities

ON BEHALF OF THE BOARD:

Mrs R N Webb - Director

27 May 2026

The directors present their report with the financial statements of the company and the group for the year ended 31 August 2025.

PRINCIPAL ACTIVITY

The principal activity of the group in the year under review was that of provision of care services

DIVIDENDS

An interim dividend was paid on the Ordinary C shares during the year. The directors do not recommend payment of a final dividend.

EVENTS SINCE THE END OF THE YEAR

Information relating to events since the end of the year is given in the notes to the financial statements.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 September 2024 to the date of this report.

Mr A J Webb

Mrs R N Webb

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Group Strategic Report, the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have 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 directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the group and of the profit or loss of the group for that period. In preparing these financial statements, the directors are 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 directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's and the group's transactions and disclose with reasonable accuracy at any time the financial position of the company and the group and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and the group 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 directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the group's auditors are unaware, and each director has taken all the steps that he or she ought to have taken as a director in order to make himself or herself aware of any relevant audit information and to establish that the group's auditors are aware of that information.

AUDITORS

The auditors, Lewis Smith & Co., will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

Mrs R N Webb - Director

27 May 2026

Opinion

We have audited the financial statements of Inshore Support Holdings Limited (the 'parent company') and its subsidiaries (the 'group') for the year ended 31 August 2025 which comprise the Consolidated Income Statement, Consolidated Other Comprehensive Income, Consolidated Balance Sheet, Company Balance Sheet, Consolidated Statement of Changes in Equity, Company Statement of Changes in Equity, Consolidated Cash Flow Statement and Notes to the Consolidated 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 group's and of the parent company affairs as at 31 August 2025 and of the group's 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 group 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 directors' 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 group's and the parent 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 directors with respect to going concern are described in the relevant sections of this report.

Other information

The directors are responsible for the other information. The other information comprises the information in the Group Strategic Report and the Report of the Directors, 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 Group Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and

-	the Group Strategic Report and the Report of the Directors 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 group and the parent company and its environment obtained in the course of the audit, we have not identified material misstatements in the Group Strategic Report or the Report of the Directors.

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 by the parent company, or returns adequate for our audit have not been received from branches not visited by us; or

-	the parent company financial statements are not in agreement with the accounting records and returns; or

-	certain disclosures of directors' remuneration specified by law are not made; or

-	we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the Statement of Directors' Responsibilities set out on page three, the directors are 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 directors determine 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 directors are responsible for assessing the group's and the parent 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 directors either intend to liquidate the group or the parent company or to cease operations, or have 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:

As part of an audit in accordance with iss (UK), we exercise professional judgement and maintain professional

scepticism throughout the audit.

We also:

- Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

- Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the company's internal control.

- Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the directors.

- Conclude on the appropriateness of the directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the company to cease to continue as a going concern.

- Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and

whether the financial statements represent the underlying transactions and events in a manner that achieves fair

presentation.

- Obtain sufficient appropriate audit evidence regarding the financial information of the entities or business activities

within the company to express an opinion on the financial statements. We are responsible for the direction, supervision and performance of the company audit. We remain solely responsible for our audit opinion.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

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.

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.

Craig Beale FCCA (Senior Statutory Auditor)

for and on behalf of Lewis Smith & Co.

Chartered Certified Accountants

Statutory Auditors

The Old Doctor's House

74 Grange Road

Dudley

West Midlands

DY1 2AW

27 May 2026

TURNOVER

9,385,813

9,102,761

Administrative expenses

8,627,658

8,465,232

758,155

637,529

Other operating income

268,387

13,461

OPERATING PROFIT

5

1,026,542

650,990

Interest payable and similar expenses

6

76,419

119,890

PROFIT BEFORE TAXATION

950,123

531,100

Tax on profit

7

189,664

127,853

PROFIT FOR THE FINANCIAL YEAR

760,459

403,247

Profit attributable to:

Owners of the parent

760,459

403,247

PROFIT FOR THE YEAR

760,459

403,247

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

760,459

403,247

Total comprehensive income attributable to:

Owners of the parent

760,459

403,247

FIXED ASSETS

Intangible assets

10

-

-

Tangible assets

11

7,748,794

7,847,029

Investments

12

-

-

Investment property

13

-

-

7,748,794

7,847,029

CURRENT ASSETS

Debtors

14

3,131,280

2,711,456

Cash at bank and in hand

146,902

16,670

3,278,182

2,728,126

CREDITORS

Amounts falling due within one year

15

1,813,013

2,047,090

NET CURRENT ASSETS

1,465,169

681,036

TOTAL ASSETS LESS CURRENT LIABILITIES

9,213,963

8,528,065

CREDITORS

Amounts falling due after more than one year

16

(8,952

)

-

PROVISIONS FOR LIABILITIES

20

(141,997

)

(266,000

)

NET ASSETS

9,063,014

8,262,065

CAPITAL AND RESERVES

Called up share capital

21

202

202

Share premium

22

1,781,245

1,781,245

Fair value reserve

22

664,327

910,095

Retained earnings

22

6,617,240

5,570,523

SHAREHOLDERS' FUNDS

9,063,014

8,262,065

The financial statements were approved by the Board of Directors and authorised for issue on 27 May 2026 and were signed on its behalf by:

Mrs R N Webb - Director

FIXED ASSETS

Intangible assets

10

-

-

Tangible assets

11

19,957

24,946

Investments

12

3,588,988

3,588,988

Investment property

13

1,825,000

1,507,040

5,433,945

5,120,974

CURRENT ASSETS

Debtors

14

727,122

698,920

Cash at bank

301

357

727,423

699,277

CREDITORS

Amounts falling due within one year

15

1,035,962

915,091

NET CURRENT LIABILITIES

(308,539

)

(215,814

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,125,406

4,905,160

PROVISIONS FOR LIABILITIES

20

79,490

-

NET ASSETS

5,045,916

4,905,160

CAPITAL AND RESERVES

Called up share capital

21

202

202

Share premium

1,781,245

1,781,245

Retained earnings

3,264,469

3,123,713

SHAREHOLDERS' FUNDS

5,045,916

4,905,160

Company's profit for the financial year

179,756

38,123

The financial statements were approved by the Board of Directors and authorised for issue on 27 May 2026 and were signed on its behalf by:

Mrs R N Webb - Director

Called up

Fair

share

Retained

Share

value

Total

capital

earnings

premium

reserve

equity

£

£

£

£

£

Balance at 1 September 2023

10,306

5,167,276

1,781,245

910,095

7,868,922

Changes in equity

Issue of share capital

(10,104

)

-

-

-

(10,104

)

Total comprehensive income

-

403,247

-

-

403,247

Balance at 31 August 2024

202

5,570,523

1,781,245

910,095

8,262,065

Changes in equity

Dividends

-

(39,000

)

-

-

(39,000

)

Total comprehensive income

-

1,085,717

-

(245,768

)

839,949

Balance at 31 August 2025

202

6,617,240

1,781,245

664,327

9,063,014

Called up

share

Retained

Share

Total

capital

earnings

premium

equity

£

£

£

£

Balance at 1 September 2023

202

3,085,590

1,781,245

4,867,037

Changes in equity

Total comprehensive income

-

38,123

-

38,123

Balance at 31 August 2024

202

3,123,713

1,781,245

4,905,160

Changes in equity

Dividends

-

(39,000

)

-

(39,000

)

Total comprehensive income

-

179,756

-

179,756

Balance at 31 August 2025

202

3,264,469

1,781,245

5,045,916

Cash flows from operating activities

Cash generated from operations

1

912,771

435,173

Interest paid

(75,960

)

(119,890

)

Interest element of hire purchase payments paid

(459

)

-

Tax paid

(147,388

)

(60,063

)

Net cash from operating activities

688,964

255,220

Cash flows from investing activities

Purchase of tangible fixed assets

(20,199

)

(16,461

)

Sale of tangible fixed assets

170,000

168,000

-

(209,013

)

Net cash from investing activities

149,801

(57,474

)

Cash flows from financing activities

New loans in year

912,427

1,303,467

Loan repayments in year

(1,297,948

)

(1,498,986

)

Amount introduced by directors

12,602

-

Amount withdrawn by directors

(302,515

)

-

-

(124,299

)

Equity dividends paid

(39,000

)

-

Net cash from financing activities

(714,434

)

(319,818

)

Increase/(decrease) in cash and cash equivalents

124,331

(122,072

)

Cash and cash equivalents at beginning of year

2

(2,224

)

119,848

Cash and cash equivalents at end of year

2

122,107

(2,224

)

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

31.8.25

31.8.24

£

£

Profit before taxation

950,123

531,100

Depreciation charges

13,352

22,550

Loss/(profit) on disposal of fixed assets

107,178

(82,389

)

Gain on revaluation of fixed assets

(172,096

)

-

Government grants

(10,706

)

-

Finance costs

76,419

119,890

964,270

591,151

Increase in trade and other debtors

(32,065

)

(223,291

)

(Decrease)/increase in trade and other creditors

(19,434

)

67,313

Cash generated from operations

912,771

435,173

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

146,902

16,670

Bank overdrafts

(24,795

)

(18,894

)

122,107

(2,224

)

Year ended 31 August 2024

31.8.24

1.9.23

£

£

Cash and cash equivalents

16,670

119,848

Bank overdrafts

(18,894

)

-

(2,224

)

119,848

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

16,670

130,232

146,902

Bank overdrafts

(18,894

)

(5,901

)

(24,795

)

(2,224

)

124,331

122,107

Debt

Finance leases

(3,552

)

(9,673

)

(13,225

)

Debts falling due within 1 year

(1,107,947

)

415,274

(692,673

)

(1,111,499

)

405,601

(705,898

)

Total

(1,113,723

)

529,932

(583,791

)

1.	STATUTORY INFORMATION

Inshore Support Holdings 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 General 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 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 0, is being amortised evenly over its estimated useful life of nil 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.

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.

Freehold property

-

20% on reducing balance and not provided

Long leasehold

-

not provided

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance and 25% on cost / 20% reducing balance

Motor vehicles

-

25% on cost

Computer equipment

-

not provided

Financial instruments

The company has elected to apply the provisions of Section 11 "Basic Financial Instruments" and Section 12 "Other Financial Instruments Issues" of FRS 102 to all its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes part to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.Financial assets classified as receivable within one year are not amoritised.

Other financial assets

Other financial assets, including investments in equity instrument's which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are

subsequently carried at fair value and the changes in fair value are recognised in profit or loss, except that

investments in equity instruments that are nit publicly traded and whose fair values cannot be measured reliably are measured at cost less impairment.

Impairment of financial assets

Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of

impairment at each reporting end date.

Financial assets are impaired where there is objective evidence that, as a result of one or more events that

occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in profit or loss.

If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

Dercognition of financial assets

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety ti ab unrelated third party.

Classification of financial liabilities

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 company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans and loans from fellow group companies are initially

recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt

instrument is measured at the present value of the future receipts discounted at a market rate of interest.Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.