REGISTERED NUMBER: SC472218 (Scotland)

Group Strategic Report,

Report of the Directors and

Consolidated Financial Statements

for the Year Ended 31 May 2025

for

Eating House (Scotland) Ltd

Page

Company Information

1

Group Strategic Report

2

Report of the Directors

3

Report of the Independent Auditors

4

Consolidated Income Statement

7

Consolidated Other Comprehensive Income

8

Consolidated Balance Sheet

9

Company Balance Sheet

10

Consolidated Statement of Changes in Equity

11

Company Statement of Changes in Equity

12

Consolidated Cash Flow Statement

13

Notes to the Consolidated Cash Flow Statement

14

Notes to the Consolidated Financial Statements

15

DIRECTORS:

J Carrigan

Mrs M P Carrigan

B Carrigan

REGISTERED OFFICE:

Radleigh House

1 Golf Road

Clarkston

Glasgow

G76 7HU

REGISTERED NUMBER:

SC472218 (Scotland)

AUDITORS:

O'Haras Accountants Limited (Statutory Auditor)

Radleigh House

1 Golf Road

Clarkston

Glasgow

G76 7HU

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

REVIEW OF BUSINESS

We aim to present a balanced and comprehensive review of the development and performance of our company during the year and its position at the year end. Our review is consistent with the size and non-complex nature of our company and is written in the context of the risks and uncertainties we face.

The principal activity and core business of the company continued to be that of the running of 4 licensed bars and restaurants in Scotland. Our main revenue sources continue to be from restaurant sales, alcohol sales and function room sales.

Post year-end, we made the decision to sell the East Kilbride restaurant. This was our least profitable restaurant and selling this allows us to spend additional time and focus on building our more profitable restaurants and bars.

We consider that our key financial performance indicators are those that communicate the financial performance and strength of the company as a whole, these being turnover and gross margin. We also use EBITDA to measure the company's core operation profitability.

PRINCIPAL RISKS AND UNCERTAINTIES

As for many business of our size the business environment in which we trade continues to be challenging. We are subject to the cost-of-living crisis and rise in energy prices.

With these risks and uncertainties in mind, we are aware that any future plans for developing the business may be subject to unforeseen events outwith our control. We are constantly monitoring these risks to ensure we are always able to mitigate them.

ON BEHALF OF THE BOARD:

B Carrigan - Director

27 May 2026

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

DIVIDENDS

The total distribution of dividends for the year ended 31 May 2025 will be £ 56,000 .

DIRECTORS

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

J Carrigan

Mrs M P Carrigan

B Carrigan

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, O'Haras Accountants Limited (Statutory Auditor), will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

B Carrigan - Director

27 May 2026

Opinion

We have audited the financial statements of Eating House (Scotland) Ltd (the 'parent company') and its subsidiaries (the 'group') for the year ended 31 May 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).

We have audited the financial statements of Eating House (Scotland) Limited (the "Parent Company") and its subsidiaries (the "group") for the year ended 31 May 2025, which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity, Cash Flow Statement and Notes to the Cash Flow Statement, Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion, except for the possible effects of the matters described in the Basis for qualified opinion section of our report, the financial statements:

- Give a true and fair view of the state of the company's affairs as at 31 May 2025 and of its profit for the year then ended;

- Have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

- Have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Except as discussed in the following paragraph, we conducted our audit in accordance with International Standards on Auditing. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management. We believe that our audit provides a reasonable basis for our opinion.

The group's inventories are carried in the Statement of Financial Position at £136,432. No official physical stock count was conducted by the company at or around the year end, and we were unable to obtain sufficient appropriate audit evidence regarding the existence, quantities, and condition of inventory by alternative means. Consequently, we were unable to determine whether any adjustments might have been necessary in respect of inventory balances and the corresponding effect on cost of sales and profit for the year

The financial statements for the year ended 31 May 2024 were not audited, although an audit was required. As a result, we were unable to obtain sufficient appropriate audit evidence regarding the opening balances as at 01 June 2024, which may affect the comparability of the current year’s figures. Our opinion on the current year’s financial statements is therefore modified because of the possible effects of this matter on the comparability of the current period’s figures with those of the prior period.

As disclosed in Note 2 to the financial statements, the Company has not provided for depreciation on its freehold buildings. In our opinion, International Financial Reporting Standards require that buildings be depreciated over their useful lives in order to match the expense to the period in which the economic benefits are consumed.

In our opinion, except for the effects of such adjustments, if any, as might have been determined to be necessary had we been able to satisfy ourselves as to physical inventory quantities, and had the results of the prior year been audited, the financial statements give a true and fair view of the financial position of the Company as of 31 May 2025.

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:

We gained an understanding of the legal and regulatory framework applicable to the company and the industry in which it operates. We made enquiries of management as to whether there were any known or suspected instances of non-compliance with laws and regulations or fraud, and reviewed available board minutes for any indication of such matters.

We gained an understanding of management's internal controls designed to prevent and detect irregularities in their day-to-day operations.

We considered the company’s revenue recognition policy and performed substantive tests to confirm the completeness of revenue reported.

We considered laws and regulations which could give rise to a material misstatement in the financial statements, including, but not limited to, UK GAAP, the Companies Act 2006 and UK tax legislation. We assessed the extent of compliance with these laws and regulations as part of our procedures on the related financial statement components.Our tests included agreeing the financial statement disclosures to underlying supporting documentation, enquiries with management and enquiries of relevant third parties.

We considered how fraud might occur in this company and designed our tests accordingly.

We performed audit work to address the risk of management override of internal controls, including reviewing journals, reviewing for large or unusual items and transactions out with the normal course of business, and evaluating whether there was evidence of bias by the directors that represented a risk of material misstatement due to fraud.

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.

John O'Hara (Senior Statutory Auditor)

for and on behalf of O'Haras Accountants Limited (Statutory Auditor)

Radleigh House

1 Golf Road

Clarkston

Glasgow

G76 7HU

27 May 2026

TURNOVER

9,075,110

8,473,872

Cost of sales

6,621,534

6,129,460

GROSS PROFIT

2,453,576

2,344,412

Administrative expenses

1,651,745

1,739,264

801,831

605,148

Other operating income

45,810

36,085

OPERATING PROFIT

4

847,641

641,233

Interest receivable and similar income

791

2,552

848,432

643,785

Interest payable and similar expenses

5

55,446

69,090

PROFIT BEFORE TAXATION

792,986

574,695

Tax on profit

6

213,401

106,614

PROFIT FOR THE FINANCIAL YEAR

579,585

468,081

Profit attributable to:

Owners of the parent

579,585

468,081

PROFIT FOR THE YEAR

579,585

468,081

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

579,585

468,081

Total comprehensive income attributable to:

Owners of the parent

579,585

468,081

FIXED ASSETS

Intangible assets

9

1,120

1,120

Tangible assets

10

6,989,523

6,585,046

Investments

11

-

-

6,990,643

6,586,166

CURRENT ASSETS

Stocks

12

136,432

121,245

Debtors

13

42,889

452,301

Cash at bank and in hand

462,514

200,188

641,835

773,734

CREDITORS

Amounts falling due within one year

14

2,668,749

2,802,784

NET CURRENT LIABILITIES

(2,026,914

)

(2,029,050

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,963,729

4,557,116

CREDITORS

Amounts falling due after more than one year

15

(840,552

)

(1,008,170

)

PROVISIONS FOR LIABILITIES

18

(344,765

)

(294,119

)

NET ASSETS

3,778,412

3,254,827

CAPITAL AND RESERVES

Called up share capital

19

100

100

Retained earnings

20

3,778,312

3,254,727

SHAREHOLDERS' FUNDS

3,778,412

3,254,827

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:

B Carrigan - Director

FIXED ASSETS

Intangible assets

9

1,120

1,120

Tangible assets

10

158,635

95,002

Investments

11

400

400

160,155

96,522

CURRENT ASSETS

Debtors

13

1,208,701

1,220,279

Cash at bank

7,913

20,745

1,216,614

1,241,024

CREDITORS

Amounts falling due within one year

14

1,265,259

1,194,767

NET CURRENT (LIABILITIES)/ASSETS

(48,645

)

46,257

TOTAL ASSETS LESS CURRENT LIABILITIES

111,510

142,779

PROVISIONS FOR LIABILITIES

18

23,300

10,641

NET ASSETS

88,210

132,138

CAPITAL AND RESERVES

Called up share capital

19

100

100

Retained earnings

20

88,110

132,038

SHAREHOLDERS' FUNDS

88,210

132,138

Company's profit for the financial year

12,072

125,525

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:

J Carrigan - Director

Called up

share

Retained

Total

capital

earnings

equity

£

£

£

Balance at 1 June 2023

100

2,846,646

2,846,746

Changes in equity

Dividends

-

(60,000

)

(60,000

)

Total comprehensive income

-

468,081

468,081

Balance at 31 May 2024

100

3,254,727

3,254,827

Changes in equity

Dividends

-

(56,000

)

(56,000

)

Total comprehensive income

-

579,585

579,585

Balance at 31 May 2025

100

3,778,312

3,778,412

Called up

share

Retained

Total

capital

earnings

equity

£

£

£

Balance at 1 June 2023

100

66,513

66,613

Changes in equity

Dividends

-

(60,000

)

(60,000

)

Total comprehensive income

-

125,525

125,525

Balance at 31 May 2024

100

132,038

132,138

Changes in equity

Dividends

-

(56,000

)

(56,000

)

Total comprehensive income

-

12,072

12,072

Balance at 31 May 2025

100

88,110

88,210

Cash flows from operating activities

Cash generated from operations

1

1,145,887

815,411

Interest paid

(53,898

)

(69,090

)

Interest element of hire purchase or finance lease rental payments paid

(1,548

)

-

Tax paid

(69,484

)

(143,151

)

Net cash from operating activities

1,020,957

603,170

Cash flows from investing activities

Purchase of tangible fixed assets

(548,879

)

(681,269

)

Sale of tangible fixed assets

-

25,250

Interest received

791

2,552

Net cash from investing activities

(548,088

)

(653,467

)

Cash flows from financing activities

Amount introduced by directors

76,113

992,772

Amount withdrawn by directors

(128,041

)

(1,176,007

)

Intercompany

(102,615

)

180

Equity dividends paid

(56,000

)

(60,000

)

Net cash from financing activities

(210,543

)

(243,055

)

Increase/(decrease) in cash and cash equivalents

262,326

(293,352

)

Cash and cash equivalents at beginning of year

2

200,188

493,540

Cash and cash equivalents at end of year

2

462,514

200,188

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

2025

2024

£

£

Profit before taxation

792,986

574,695

Depreciation charges

144,402

110,741

Profit on disposal of fixed assets

-

(5,159

)

Increase in provisions

50,646

37,130

Finance costs

55,446

69,090

Finance income

(791

)

(2,552

)

1,042,689

783,945

Increase in stocks

(15,187

)

(63,815

)

Decrease/(increase) in trade and other debtors

409,412

(66,513

)

(Decrease)/increase in trade and other creditors

(291,027

)

161,794

Cash generated from operations

1,145,887

815,411

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 May 2025

31.5.25

1.6.24

£

£

Cash and cash equivalents

462,514

200,188

Year ended 31 May 2024

31.5.24

1.6.23

£

£

Cash and cash equivalents

200,188

493,540

3.	ANALYSIS OF CHANGES IN NET DEBT

At 1.6.24

Cash flow

At 31.5.25

£

£

£

Net cash

Cash at bank and in hand

200,188

262,326

462,514

200,188

262,326

462,514

Debt

Debts falling due within 1 year

(163,145

)

-

(163,145

)

Debts falling due after 1 year

(1,008,170

)

167,618

(840,552

)

(1,171,315

)

167,618

(1,003,697

)

Total

(971,127

)

429,944

(541,183

)

1.	STATUTORY INFORMATION

Eating House (Scotland) Ltd is a private company, limited by shares , registered in Scotland. 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.

Going concern

The directors are satisfied that the Company will have access to sufficient funds to ensure that all liabilities will be met as they fall due over a period of at least 12 months from the approval date of these financial statements. Consequently, the directors consider it appropriate to prepare the financial statements on a going concern basis.

Revenue

Turnover represents amounts receivable for goods supplied and services provided during the year, excluding value added tax and trade discounts.

The parent's turnover comprises of the following:

- sales of stock to subsidiary undertakings;

- management charges made to subsidiary undertakings; and

- dividends receivable from subsidiary undertakings.

Turnover from the sale of goods is reconsider when the control of the goods has transferred to the customer. Management charge income is recognised in the period in which the services are provided. Dividend income is recognised when the company's right to receive payment has been established.

The subsidiaries turnover from food and drink sales is recognised at the point the goods are supplied to the customer and the significant risks and rewards of ownership have transferred, usually upon service to the customer or completion of the sale through the till system.

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.

Patents and licenses are not being amortised over their useful life.

Tangible fixed assets

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

Freehold property

-

2% on cost and not provided

Plant and machinery

-

25% on cost, 15% on reducing balance and 15% on cost

Fixtures and fittings

-

25% on cost, 15% on reducing balance and 15% on cost

Motor vehicles

-

25% on reducing balance, 25% on cost and 20% on cost

Computer equipment

-

33% on cost

Inventories

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Consolidated Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The group operates a defined contribution pension scheme. Contributions payable to the group's pension scheme are charged to profit or loss in the period to which they relate.

Cash and cash equivalents

Cash and cash equivalents includes cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Impairment of fixed assets

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

3.	EMPLOYEES AND DIRECTORS

2025

2024

£

£

Wages and salaries

3,398,161

3,110,264

Social security costs

248,523

226,741

Other pension costs

55,207

57,508

3,701,891

3,394,513

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

2025

2024

Staff

192

176

2025

2024

£

£

Directors' remuneration

12,825

12,350

Directors' pension contributions to money purchase schemes

-

36

4.	OPERATING PROFIT

The operating profit is stated after charging/(crediting):

2025

2024

£

£

Hire of plant and machinery

21,064

23,370

Other operating leases

4,305

6,000

Depreciation - owned assets

144,402

110,742

Profit on disposal of fixed assets

-

(5,159

)

Auditors' remuneration

10,000

-

5.

INTEREST PAYABLE AND SIMILAR EXPENSES

2025

2024

£

£

Bank loan interest

53,898

69,207

Interest on late tax

-

(117

)

Leasing

1,548

-

55,446

69,090

6.

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

162,755

69,484

Deferred tax

50,646

37,130

Tax on profit

213,401

106,614

7.	INDIVIDUAL INCOME STATEMENT

As permitted by Section 408 of the Companies Act 2006, the Income Statement of the parent company is not presented as part of these financial statements.

8.

DIVIDENDS

2025

2024

£

£

Interim

56,000

60,000