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Registered number: 06874019
AUDITED
ANNUAL REPORT AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 AUGUST 2025 |
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COMPANY INFORMATION
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CONTENTS
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GROUP STRATEGIC REPORT
FOR THE YEAR ENDED 31 AUGUST 2025
The directors present their strategic report together with the audited financial statements for the year ended 31 August 2025.
The Groups’s principal activity is the manufacture and retailing of motor homes and caravans.
The Group is a market leader in the UK of Mercedes and Fiat based motorhome sales. It continues to be a recognised converter for Stellantis and Mercedes Benz UK. Our businesses have been impacted by the unhelpful macroeconomic environment during the year, despite this the new motorhome market remains stable. The Group meets its own working capital requirements through its own resources. In addition the Group is reliant on certain finance introduction providers for retail stock financing of new vehicles. The Directors have no reason to believe the extent of which will be withdrawn or removed. The current economic climate creates uncertainty over the level of demand for the Group's products and stock financing. The Group’s projections and forecasts show that it should be able to operate within its own resources for the foreseeable future. For 2025 the Group has acquired European Group stock which has been funded through loans from the parent company.
The Group's operations expose it to a variety of risks. The Directors have examined the major risks to the Group and concluded that the main risks are the cost of living crisis, credit related, supplies of chassis and the realisable value of stock.
The Group has implemented policies that require appropriate credit checks on customers or full payment before delivery. Supplies of chassis are sourced through Stellantis and Mercedes. The Group has little influence over those factories and supplies are sometimes unreliable. To help reduce this risk the company continues to use two different manufacturers for its supplies. The realisable value of stock is determined by the market place. The Group constantly monitors market pricing for adverse trends and takes timely and appropriate action to mitigate any effect of adverse movements in market pricing.
In the opinion of the Directors, the key performance indicators of the Group are turnover, operating profit and net cash position. Turnover was £123,841,796 (2024 - £131,001,685). Operating profit was at £2,874,572 (2024 -£7,448,314) and the net cash position was £5,677,968 (2024 - £4,524,932).
There are no other key performance indicators.
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GROUP STRATEGIC REPORT (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
In their discussions and decision making during the year ended 31 August 2025, the Directors of the Group have acted in the way that they consider, in good faith, would be most likely to promote the success of the Group for the benefit of its members as a whole (having regard to stakeholders and the matters set out in subsections 172(1)(a f) of the Companies Act 2006 (the 2006 Act).
During the year, the Board considered information from across the organisation to help it understand the interests of our key stakeholders and other relevant factors when making decisions. As is normal for large companies, we delegate authority for day to day management of the Group to executives and then engage management in setting, approving and overseeing the execution of the strategy and related policies. Information is distributed to the Board in a range of different formats. During the year, the Board reviewed a range of matters including the Group’s financial and operational performance. The Board received reports on these matters which were then reviewed, discussed and approved, as necessary. The Board considers the matters set out in section 172 of the 2006 Act in all its discussions and decision making. That includes: a. The likely consequence of any decision in the long term. The Directors recognise that the decisions they make today will affect the Group’s long term success. In addition, the Board had particular regard to the long term success of the Group in its discussions on the evolution of the Group's purpose and strategic framework. b. The impact of the Group’s operations on the community and environment. c. The desirability of maintaining a reputation for high standards of business conduct. The Board is responsible for setting and monitoring the culture, values, and reputation of the Company. Our colleagues are central to achieving our ambition, and we are building a culture where they can be their best. During the year, the Board considered the Company’s culture in its decision-making and discussions. We have set out our commitment to upholding high standards of business conduct. d. The interests of our colleagues and the need to foster business relationships with our key stakeholders. The Board understand the strategic importance of stakeholders to the Group’s business. When making decisions, the Directors have regard to the interests of colleagues, and the need to foster business relationships with other key stakeholders. We acknowledge that not every decision we make will necessarily result in a positive outcome for all our stakeholders and the Board therefore has to balance competing interests in reaching its decisions. stakeholder interests and section 172 duties have been considered in reaching certain key strategic decisions taken by the Board. Details of the Group’s tax strategy and Modern Slavery Statement can be found on our website. During the financial year the Group’s energy usage across all of its’ retail sites and workshops totalled 1,210,346 kWh (2024 - 1,322,313 kWh) of energy consumed from the purchase of electricity and 1,014,926 kWh (2024 – 966,052 kWh) of energy consumed from the combustion of natural gas resulting in a total energy consumption of 2,225,272 kWh (2024 – 2,288,365 kWh). This equates to 873 (2024 – 832) tonnes of carbon dioxide equivalents. Energy consumption has been determined based on meter readings and estimates. Emissions have been calculated using a carbon calculator based upon July 2025 recommended conversion factors from the Department of Environment, Food and Rural Affairs. Key ratios used by the Group in assessing its energy efficiency in the financial year ended 31 August 2025 include: Average energy consumption per site –130,898 (2024 - 134,610) kWh per site Average energy consumption per employee – 6,397 (2024 – 6,271) kWh per employee
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GROUP STRATEGIC REPORT (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
The Group continually reviews its energy usage and consumption and is focused on energy efficiency at all of its sites and manufacturing operations. Ongoing initiatives include the installation of energy efficient lighting at all sites and energy efficient machinery in the Group’s manufacturing activity.
The Group used 176,890 litres (2024 - 157,139 litres) of fuel which is the equivalent of 472 (2024 - 419) tonnes of carbon dioxide equivalents. This report was approved by the board and signed on its behalf.
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DIRECTORS' REPORT
FOR THE YEAR ENDED 31 AUGUST 2025
The Directors present their report and the financial statements for the year ended 31 August 2025.
The Directors are responsible for preparing the Group strategic report, the Directors' report and the consolidated 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 applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. 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 for the Group's financial statements and then apply them consistently;
∙make judgements and accounting estimates that are reasonable and prudent;
∙state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Group will continue in business.
The Directors are 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 the Group and to 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.
The profit for the year, after taxation, amounted to £1,009,864 (2024 - £5,464,673).
During the year there were no dividends paid (2024 - £Nil) on the Company 'A' ordinary shares. The Directors do not recommend a final dividend.
No interim dividends were paid during the year (2024 - £Nil) on the Company 'B' ordinary shares. The Directors do not recommend a final dividend.
The Directors who served during the year were:
The Group holds financial instruments to finance its operations, being trade debtors and trade creditors arising directly from the Group's operations. Operations and working capital are funded principally out of retained profits.
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DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
All employees are eligible and encouraged to join the auto enrolment pension scheme. Group contributions amounted to £487,012 in the year (2024 - £600,373).
During the year the policy of providing employees with information about the Group has continued through the use of internal memos and bulletins. Regular communication occurs between management and employees to allow the free flow of information and ideas.
The Directors of the Group have, and continue to have, regard for the need to foster the Group's business relationships with suppliers, customers and other stakeholders.
No unnecessary limitations are placed on the type of work which disabled persons can perform and the policy ensures that in appropriate cases, consideration is given to modifications to equipment or premises and to adjustments of working practices. The policies provide that full and fair consideration will be given to disabled applicants for employment and that existing employees who become disabled will have the opportunity to retrain and continue employment.
The review of the business, key performance indicators and the principal risks and uncertainties are not shown in the directors report as they are shown in the strategic report in accordance with S414C (11) of the Companies Act 2006.
There have been no significant events affecting the Group since the year end.
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DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
The auditors, Wellden Turnbull Limited, will be proposed for reappointment in accordance with section 485 of the Companies Act 2006.
This report was approved by the board and signed on its behalf.
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INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF AUTO-SLEEPERS INVESTMENTS LIMITED
We have audited the financial statements of Auto-Sleepers Investments Limited (the 'parent Company') and its subsidiaries (the 'Group') for the year ended 31 August 2025, which comprise the Consolidated statement of comprehensive income, the Consolidated balance sheet, the Company balance sheet, the Consolidated statement of cash flows, the Consolidated statement of changes in equity, the Company statement of changes in equity and the related notes, 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 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 or 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.
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INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF AUTO-SLEEPERS INVESTMENTS LIMITED (CONTINUED)
The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' report thereon. The Directors are responsible for the other information contained within the Annual Report. 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. 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 course of 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.
In our opinion, based on the work undertaken in the course of the audit:
∙the information given in the Group strategic report and the Directors' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
∙the Group strategic report and the Directors' report have been prepared in accordance with applicable legal requirements.
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 Directors' report.
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INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF AUTO-SLEEPERS INVESTMENTS LIMITED (CONTINUED)
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 an Auditors' report 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 Group financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. We have identified the greatest risk of a material impact on the financial statements from irregularities, including fraud, to relate to the timing and recognition of revenue and the override of controls by management. We have obtained an understanding of the legal and regulatory frameworks that the Group operates within including both those that directly have an impact on the financial statements and more widely those for which non-compliance could have a significant impact on the Group's operations and reputation. The Companies Act 2006, employment legislation, fire, building, health and safety legislation and data protection are those we have identified in this regard. Auditing standards limit the required procedures as to non-compliance with laws and regulations to enquiries of those charged with governance and review of any applicable correspondence. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: with laws and regulations; and other adjustments for appropriateness, evaluating the business rationale of significant transactions outside the normal course of business, and reviewing accounting estimates for bias; and with applicable laws and regulations.
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INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF AUTO-SLEEPERS INVESTMENTS LIMITED (CONTINUED)
Auditors' responsibilities for the audit of the financial statements (continued)
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.
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 Auditors' report.
This report is made solely to the Company's shareholders, 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 shareholders those matters we are required to state to them in an Auditors' report 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 shareholders, as a body, for our audit work, for this report, or for the opinions we have formed.
for and on behalf of
Chartered Accountants
Statutory Auditors
Albany House
Claremont Lane
Surrey
KT10 9FQ
26 May 2026
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CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 AUGUST 2025
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CONSOLIDATED BALANCE SHEET
AS AT 31 AUGUST 2025
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
The notes on pages 16 to 37 form part of these financial statements.
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COMPANY BALANCE SHEET
AS AT 31 AUGUST 2025
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
The notes on pages 16 to 37 form part of these financial statements.
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CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 AUGUST 2025
COMPANY STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 AUGUST 2025
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CONSOLIDATED STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 AUGUST 2025
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
Auto-Sleepers Investments Limited is a private Company, limited by shares and incorporated in England & Wales, registration number
2.Accounting policies
In preparing the separate financial statements of the parent company, advantage has been taken of the following disclosure exemptions available in FRS 102:
∙Only one reconciliation of the number of shares outstanding at the beginning and end of the period has been presented as the reconciliation's for the Group and the parent company would be identical;
∙No cash flow statement has been presented for the parent company;
∙Disclosures in respect of the parent company's financial instruments have not been presented as equivalent disclosures have been provided in respect of the Group as a whole; and
∙No disclosure has been given for the aggregate remuneration of the key management personnel of the parent company as their remuneration is included in the totals for the Group as a whole.
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
2.Accounting policies (continued)
The consolidated financial statements present the results of the Company and its own subsidiaries ("the Group") as if they form a single entity. Intercompany transactions and balances between group companies are therefore eliminated in full.
The consolidated financial statements incorporate the results of business combinations using the purchase method. In the Balance sheet, the acquiree's identifiable assets, liabilities and contingent liabilities are initially recognised at their fair values at the acquisition date. The results of acquired operations are included in the consolidated statement of comprehensive income from the date on which control is obtained. They are deconsolidated from the date control ceases. In accordance with the transitional exemption available in FRS 102, the Group has chosen not to retrospectively apply the standard to business combinations that occurred before the date of transition to FRS 102, being 01 September 2014.
The financial statements have been prepared on a going concern basis as the Directors believe that the Group will continue to meet its liabilities as they fall due for a period of at least 12 months from the date of the approval of these financial statements. In assessing the appropriateness of the going concern basis of preparation the Directors have taken into account the key risks of the business. In doing so the Directors have considered the Group's business model and availability of cash resources. The Group principally generates income from the sale of motor homes and caravans. Current market demand and the Group's order book remains strong, supporting forward forecasts. Although sales may fluctuate given current market uncertainty, the Company is well positioned with good cash reserves at the year end date to allow it to meet operational needs for the foreseeable future. The Directors further site the support of the Company’s parent, should it be required, and that amounts owed to the parent would not be called to the detriment of the Company. The Directors therefore consider it appropriate to prepare the financial statements on a going concern basis.
Revenue represents sales to external customers at invoiced amounts less value added tax and trade discounts on sales. Sales of motor vehicles, parts and accessories are recognised on the earlier of full payment or delivery to the customer. This is with the exception of those motor vehicles sold with September 2025 registration plates where the revenue cannot legally be recognised until on or after 1 September 2025. Service sales are recognised on completion of the agreed work.
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
2.Accounting policies (continued)
At each reporting date the Group assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.
The Group adds to the carrying amount of an item of fixed assets the cost of replacing part of such an item when that cost is incurred, if the replacement part is expected to provide incremental future benefits to the Group. Repairs and maintenance are charged to the consolidated statement of comprehensive income during the period in which they are incurred.
Land is not depreciated. Depreciation on other assets is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.
The estimated useful lives range as follows:
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the consolidated statement of comprehensive income.
The Group accounts for its property, plant and equipment using the cost model. Under previous GAAP, a valuation of certain assets was carried out by Quest Surveyors and Valuers as at 31 August 2014. Under the transitional arrangements of FRS 102 this valuation has been applied as the deemed cost at the revaluation date, subject to annual testing for indicators of impairment.
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
2.Accounting policies (continued)
The cost of retail stock is based on the cost of purchase on a first in, first out basis. Work in progress and manufactured finished goods include labour and attributable overheads.
Functional and presentation currency
Transactions and balances
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
2.Accounting policies (continued)
Goodwill
Where the fair value of separable net assets exceeds the fair value of the consideration for the acquired undertaking, the difference is treated as negative goodwill and capitalised. The negative goodwill is amortised through the consolidated statement of comprehensive income in the period in which the non-monetary assets are recovered.
Other intangible assets
All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.
The estimated useful lives range as follows:
Expenditure on research and development is charged to the consolidated statement of comprehensive income in the year in which it is incurred.
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
2.Accounting policies (continued)
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
2.Accounting policies (continued)
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
2.Accounting policies (continued)
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
The estimates and associated assumptions are based on historic experiences and various other factors that are believed to be reasonable under the circumstances, the results of which form the basis of making the judgements about carrying values of assets and liabilities. Actual results may differ from these estimates. The judgements, estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are: The Group has recognised provisions for impairment of stock. The judgements, estimates and associated assumptions necessary to calculate these provisions are based on historical experience and other reasonable factors. The Group has recognised a three year warranty provision for motor home sales. The judgements, estimates and associated assumptions necessary to calculate these provisions are based on historical experience and industry factors. Positive goodwill is carried at cost less accumulated amortisation and accumulated impairment losses. Amortisation is calculated by applying the straight-line method to its estimated useful life, which in the case of positive goodwill is 20 years. Negative goodwill associated with land and buildings is carried at cost less accumulated amortisation and accumulated impairment losses. Goodwill amortisation is calculated by applying the straight-line method to its estimated useful life, which in the case of negative goodwill is 50 years. Estimates of the useful economic life of goodwill are based on a variety of factors such as the expected use of the acquired business, the expected useful life of the cash generating units to which the goodwill is attributed, any legal, regulatory or contractual provisions that can limit useful life and assumptions that market participants would consider in respect of similar businesses.
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
12.Taxation (continued)
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
Page 30
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
Page 32
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
Page 33
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
21.Deferred taxation (continued)
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
Revaluation reserve
Profit and loss account
The Group operates a defined contribution pension scheme. The assets of the scheme are held
separately from those of the Group in an independently administered fund. The pension charge amounted to £487,012 (2024 - £600,373). There were £63,005 accrued contributions at the year end (2024 - £54,514).
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
* Fellow subsidiaries of the Trigano Group.
At the start of the year the Group owed Trigano Group £16,036,812. The Group received further loans of £18,799,986 and repaid £16,136,631 during the year. Interest received on amounts owed by the Trigano group amounts to £nil (2024 - £1,171). Interest payable on amounts owed to Trigano group amounts to £1,354,427 (2024: £139,960). The balance at the year end amounted to £20,054,594. A number of closely related party family members of key management personnel and directors are employed across the Group. The total remuneration during the year in respect of these employees was £196,516 (2024 - £188,840).
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
Related party transactions ( continued)
Key management personnel include all directors and a number of senior managers across the Group who together have authority and responsibility for planning, directing and controlling the activities of the Group. The total compensation paid to the key management personnel for the services provided to the Group was £1,682,863 (2024 - £1,589,141).
The Group's immediate parent Company is
The smallest group in which the results of the Group are consolidated is that headed by At the year end, the ultimate controlling party was Mr F M Feuillet, a director and majority shareholder of Trigano.
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