REGISTERED NUMBER: 01037125 (England and Wales)

Strategic Report, Report of the Directors and

Financial Statements for the Year Ended 31 August 2025

for

Roofdec Limited

Page

Company Information

1

Strategic Report

2

Report of the Directors

4

Independent Auditors' Report

6

Statement of Comprehensive Income

9

Balance Sheet

10

Statement of Changes in Equity

11

Notes to the Financial Statements

12

DIRECTORS:

Mr J R Barnes

Mr W Jackson

REGISTERED OFFICE:

Hellaby Industrial Estate

Hellaby

Rotherham

South Yorkshire

S66 8QY

REGISTERED NUMBER:

01037125 (England and Wales)

AUDITORS:

Harris & Co Limited

Chartered Accountants & Statutory Auditor

Marland House

13 Huddersfield Road

Barnsley

South Yorkshire

S70 2LW

The directors present their strategic report of the Company for the year ended 31 August 2025.

REVIEW OF BUSINESS

We aim to present a balanced and comprehensive review of the development and performance of our

business during the year and its position at the year end. Our review is consistent with the size and nature of the business and is written in the context of the risks and uncertainties we face.

During the year turnover reduced by £3,311,807 (11%) which after expenditure resulted in a profit before tax of £2,324,170 (2024: profit before tax of £4,558,373). Profit after tax decreased from £3,782,020 to £1,681,068. After taxation and dividends, reserves have increased by £644,511.

As for many businesses of our size, the business environment in which we operate continues to be challenging and markets competitive. We continue to give due regard to these risks and uncertainties in planning the future development of the business.

The Company's financial projections indicate that it has sufficient facilities and funds to operate for at least the next 12 months. Accordingly, the directors have a reasonable expectation that the company has adequate financial resources to continue in operational existence for the foreseeable future and so the financial statements are prepared on a going concern basis.

PRINCIPAL RISKS AND UNCERTAINTIES

The company's operations expose it to a variety of financial risks that include the effects of price risk, credit risk, liquidity risk and interest rate risk. The company does not use derivative financial instruments to manage interest rate costs and as such, no hedge accounting is applied.

The board of directors is responsible for monitoring financial risk and for deciding where it would be

appropriate to use financial instruments to manage this risk.

Price risk

The company no longer has any exposure to equity securities price risk as its listed investments were sold in previous years.

Credit risk

The company has implemented policies that require appropriate credit checks on potential customers before credit sales are made.

Liquidity risk

The company maintains its liquidity using cash and bank deposits together with overdraft finance where

necessary. The directors would consider raising long-term and short-term debt finance if this were necessary to ensure that the company has sufficient funds for operations and planned expansions.

Interest rate cash flow risk

The company has both interest bearing assets and interest bearing liabilities. Interest bearing assets are cash and bank deposits which earn interest at a variable rate. Interest bearing liabilities comprise the company's bank overdraft. The board of directors regularly review the mix of cash on deposit and debt to manage interest rate risk. The directors will revisit the appropriateness of this policy should the company's operations change in size or nature.

KEY PERFORMANCE INDICATORS

We consider that our key financial performance indicators are those that communicate the financial

performance of the company, these being turnover, operating profit, profit before tax, profit after tax, dividends and retained profit.

ON BEHALF OF THE BOARD:

Mr J R Barnes - Director

29 May 2026

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

PRINCIPAL ACTIVITY

The principal activity of the Company in the year under review was that of roofing and cladding contractors.

DIVIDENDS

The total distribution of dividends for the year ended 31 August 2025 will be £1,036,557.

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 J R Barnes

Mr W Jackson

DISCLOSURE IN THE STRATEGIC REPORT

The company has chosen in accordance with section 414C(11) of the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 to set out in the company's strategic report information required by schedule 7 of the Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008. This includes information that would have been included in the business review and the principal risks and uncertainties.

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the 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 of the profit or loss of the Company 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 transactions and disclose with reasonable accuracy at any time the financial position of the Company 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 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 Company's auditors are unaware, and each director 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, Harris & Co Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

Mr J R Barnes - Director

29 May 2026

Opinion

We have audited the financial statements of Roofdec Limited (the 'Company') for the year ended 31 August 2025 which comprise the Statement of Comprehensive Income, Balance Sheet, Statement of Changes in Equity and 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 unqualified 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 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 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 Strategic Report and the Report of the Directors, but does not include the financial statements and our Auditors' Report 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 Directors 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 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 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 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, 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 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 four, 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 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 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 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 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.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Identifying and assessing potential risks related to irregularities

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, our procedures included the following:

-

Enquiring of management, including obtaining and reviewing supporting documentation, concerning the company's policies and procedures relating to:

-

Identifying, evaluating and complying with laws and regulations and whether they were aware of any instances of non-compliance;

-

Detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected or alleged fraud;

-

The internal controls established to mitigate risk related to fraud or non-compliance with laws & regulations;

-

Obtaining an understanding of the legal and regulatory frameworks that the company operates in, focusing on those laws and regulations that had a direct effect on the financial statements or that had a fundamental effect on the operations of the company. The key laws and regulations we considered in this context included the Companies Act 2006, tax legislation, data protection, anti-bribery, employment and health & safety regulations.

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.

Audit response to risks identified

Our procedures to respond to risks identified included the following:

-

Reviewing the financial statement disclosures and testing to supporting documentation to assess compliance with relevant laws and regulations;

-

Enquiring of management concerning actual and potential litigation and claims;

-

Performing analytical procedures to identify any unusual or unexpected relationships that may indicate risk of material misstatement due to fraud; and

-

In addressing the risk of fraud through management override of controls, testing the appropriateness of journal entries and other adjustments; assessing the judgements used in accounting estimates to assess whether these may be indicative of potential bias; and evaluating the business rationale of any significant transactions that are unusual or outside the normal course of business.

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.

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 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 members as a body, for our audit work, for this report, or for the opinions we have formed.

Tom Garner CA CTA (Senior Statutory Auditor)

for and on behalf of Harris & Co Limited

Chartered Accountants & Statutory Auditor

Marland House

13 Huddersfield Road

Barnsley

South Yorkshire

S70 2LW

29 May 2026

TURNOVER

26,764,592

30,076,399

Cost of sales

21,017,210

22,595,855

GROSS PROFIT

5,747,382

7,480,544

Administrative expenses

3,486,969

3,153,490

OPERATING PROFIT

5

2,260,413

4,327,054

Interest receivable and similar income

95,784

237,250

2,356,197

4,564,304

Interest payable and similar expenses

6

32,027

5,931

PROFIT BEFORE TAXATION

2,324,170

4,558,373

Tax on profit

7

643,102

776,353

PROFIT FOR THE FINANCIAL YEAR

1,681,068

3,782,020

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

1,681,068

3,782,020

FIXED ASSETS

Tangible assets

9

621,931

570,340

CURRENT ASSETS

Stocks

10

3,000

3,000

Debtors

11

8,203,191

5,302,679

Cash at bank and in hand

1,831,631

5,496,227

10,037,822

10,801,906

CREDITORS

Amounts falling due within one year

12

7,776,627

9,155,267

NET CURRENT ASSETS

2,261,195

1,646,639

TOTAL ASSETS LESS CURRENT LIABILITIES

2,883,126

2,216,979

CREDITORS

Amounts falling due after more than one year

13

(56,589

)

(21,166

)

PROVISIONS FOR LIABILITIES

17

(7,467

)

(21,254

)

NET ASSETS

2,819,070

2,174,559

CAPITAL AND RESERVES

Called up share capital

18

10

10

Capital redemption reserve

19

990

990

Retained earnings

19

2,818,070

2,173,559

SHAREHOLDERS' FUNDS

2,819,070

2,174,559

The financial statements were approved by the Board of Directors and authorised for issue on 29 May 2026 and were signed on its behalf by:

Mr J R Barnes - Director

Called up

Capital

share

Retained

redemption

Total

capital

earnings

reserve

equity

£

£

£

£

Balance at 1 September 2023

10

3,682,941

990

3,683,941

Changes in equity

Dividends

-

(5,291,402

)

-

(5,291,402

)

Total comprehensive income

-

3,782,020

-

3,782,020

Balance at 31 August 2024

10

2,173,559

990

2,174,559

Changes in equity

Dividends

-

(1,036,557

)

-

(1,036,557

)

Total comprehensive income

-

1,681,068

-

1,681,068

Balance at 31 August 2025

10

2,818,070

990

2,819,070

1.	STATUTORY INFORMATION

Roofdec Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation and functional currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on a going concern basis under the historical cost convention.

Going concern

The Company's financial projections indicate that it has sufficient facilities and funds to operate for at least the next 12 months. Accordingly, the directors have a reasonable expectation that the company has adequate financial resources to continue in operational existence for the foreseeable future and so the financial statements are prepared on a going concern basis.

Financial Reporting Standard 102 - reduced disclosure exemptions

The Company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":

•

the requirements of Section 7 Statement of Cash Flows;

•

the requirements of paragraphs 11.42, 11.44, 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c);

•

the requirement of paragraph 33.7.

Roofdec Limited is a qualifying entity for the above exemptions as the results of the trading company are consolidated into the group financial statements of Thirteen Investment Group Limited which are publically available.

Significant judgements and estimates

In preparing these financial statements, the directors have made the following significant judgements and estimates. Profit recognition on long-term contracts is based upon the directors' assessment of the likely ultimate outturn on those contracts, taking into account the stage of completion. The directors also make appropriate provision for warranty and rectification costs on contracts taking into account the likelihood of claims.

Turnover

Turnover represents amounts earned on goods and services supplied during the year, and in the case of long-term contracts, comprises the value of work executed during the year.

Amounts recoverable on long term contracts, which are included in debtors, are stated at the net sales value of the work done after provisions for contingencies and anticipated future losses on contracts, less amounts received as progress payments on account. Excess progress payments are included in creditors as payments received on account.

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.

Short leasehold

-

5% on cost straight line

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

15% on reducing balance and straight line over 3 years

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs.

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

The company has adopted the provisions set out in sections 11 and 12 of FRS 102 in the recognition and measurement of financial instruments. All financial instruments are initially measured at the original transaction price, less associated costs. For subsequent measurement, basic financial instruments are measured at amortised cost in accordance with section 11 of FRS 102. Other financial instruments that are not considered basic and that are material to the financial statements are measured at fair value through profit or loss in accordance with section 12 of FRS 102.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income, 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.

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.

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.

4.	EMPLOYEES AND DIRECTORS

2025

2024

£

£

Wages and salaries

2,063,924

1,939,021

Social security costs

216,734

191,310

Other pension costs

36,924

33,889

2,317,582

2,164,220

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

2025

2024

Production staff

6

7

Administrative staff

41

38

47

45

2025

2024

£

£

Directors' remuneration

23,761

104,084

Directors' pension contributions to money purchase schemes

78

803

The number of directors to whom retirement benefits were accruing was as follows:

Money purchase schemes

1

1

5.	OPERATING PROFIT

The operating profit is stated after charging:

2025

2024

£

£

Depreciation - owned assets

94,179

71,866

Depreciation - assets on hire purchase contracts

35,720

70,152

Loss on disposal of fixed assets

1,251

-

Auditors' remuneration

26,000

25,000

Auditors' remuneration for non audit work

28,400

24,905

Other operating leases

134,096

119,311

6.

INTEREST PAYABLE AND SIMILAR EXPENSES

2025

2024

£

£

Interest on taxation

28,696

320

Hire purchase

3,331

5,611

32,027

5,931

7.

TAXATION

Analysis of the tax charge

The tax charge on the profit for the year was as follows:

2025

2024

£

£

Current tax:

UK corporation tax

646,988

772,314

Over/(under) provision of tax

9,901

-

Total current tax

656,889

772,314

Deferred tax

(13,787

)

4,039

Tax on profit

643,102

776,353

Reconciliation of total tax charge included in profit and loss

The tax assessed for the year is higher than the standard rate of corporation tax in the UK. The difference is explained below:

2025

2024

£

£

Profit before tax

2,324,170

4,558,373

Profit multiplied by the standard rate of corporation tax in the UK of 25% (2024 - 25%)

581,043

1,139,593

Effects of:

Expenses not deductible for tax purposes

65,945

20,316

Income not taxable for tax purposes

(13,787

)

(846

)

Adjustments to tax charge in respect of previous periods

9,901

(382,710

)

Total tax charge

643,102

776,353

8.

DIVIDENDS

2025

2024

£

£

Interim dividends

1,036,557

5,291,402

9.	TANGIBLE FIXED ASSETS

Short

Plant and

Motor

Office

leasehold

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 September 2024

213,339

74,940

535,352

33,865

857,496

Additions

3,976

-

218,413

208

222,597

Disposals

-

-

(93,304

)

-

(93,304

)

At 31 August 2025

217,315

74,940

660,461

34,073

986,789

DEPRECIATION

At 1 September 2024

21,329

54,546

186,206

25,075

287,156

Charge for year

10,684

3,058

113,895

2,262

129,899

Eliminated on disposal

-

-

(52,197

)

-

(52,197

)

At 31 August 2025

32,013

57,604

247,904

27,337

364,858

NET BOOK VALUE

At 31 August 2025

185,302

17,336

412,557

6,736

621,931

At 31 August 2024

192,010

20,394

349,146

8,790

570,340

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 September 2024

211,226

Additions

72,814

Disposals

(70,506

)

Transfer to ownership

(103,756

)

At 31 August 2025

109,778

DEPRECIATION

At 1 September 2024

89,056

Charge for year

35,720

Eliminated on disposal

(36,763

)

Transfer to ownership

(61,440

)

At 31 August 2025

26,573

NET BOOK VALUE

At 31 August 2025

83,205

At 31 August 2024

122,170

10.

STOCKS

2025

2024

£

£

Raw materials

3,000

3,000

11.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

3,081,193

1,766,376

Amounts recoverable on long

term contracts

3,016,927

2,700,331

Amounts owed by group undertakings

-

29,900

Other debtors

831,689

69,323

Directors' current accounts

-

9,999

VAT

758,878

545,682

Prepayments and accrued income

514,504

181,068

8,203,191

5,302,679

12.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 14)

140,671

100,415

Hire purchase contracts (see note 15)

13,414

59,247

Trade creditors

4,945,728

3,666,176

Payments received on

account

1,267,511

3,220,471

Amounts owed to group undertakings

367,444

1,040,413

Corporation tax

494,440

492,375

Social security and other taxes

90,578

67,057

Other creditors

421,531

481,818

Directors' current accounts

-

2,135

Accruals and deferred income

35,310

25,160

7,776,627

9,155,267

13.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 15)

56,589

21,166

14.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

140,671

100,415