REGISTERED NUMBER: 07334646 (England and Wales)

Unaudited Financial Statements

for the Period 1 September 2024 to 31 December 2025

for

Rosewood Engineering Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M Feeney

Mr N J Feeney

Mr N G Manning

Mr M A Lovett

REGISTERED OFFICE:

Unit 3 Dimmock Street

Blackburn

Lancashire

BB22QB

REGISTERED NUMBER:

07334646 (England and Wales)

ACCOUNTANTS:

Wilson Partners Limited

Chartered Accountants

TOR

Saint-Cloud Way

Maidenhead

Berkshire

SL6 8BN

FIXED ASSETS

Tangible assets

4

305,337

462,228

CURRENT ASSETS

Stocks

150,000

609,522

Debtors

5

730,560

159,624

Cash at bank

307,444

73,845

1,188,004

842,991

CREDITORS

Amounts falling due within one year

6

(1,306,982

)

(521,072

)

NET CURRENT (LIABILITIES)/ASSETS

(118,978

)

321,919

TOTAL ASSETS LESS CURRENT LIABILITIES

186,359

784,147

CREDITORS

Amounts falling due after more than one year

7

(82,024

)

(538,215

)

PROVISIONS FOR LIABILITIES

(76,334

)

-

NET ASSETS

28,001

245,932

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

27,998

245,929

28,001

245,932

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

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 M A Lovett - Director

1.	STATUTORY INFORMATION

Rosewood Engineering 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 currency of the financial statements is the Pound Sterling (£).

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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Significant judgements and estimates

In the application of the company's accounting policies the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The inventory balance included within the financial statements has been determined using management estimates and available inventory records, as a full physical stocktake was not completed at the reporting date as originally planned.

In determining the inventory balance, management has applied judgement and used the best information available in the circumstances. Accordingly, there is a greater degree of estimation uncertainty associated with the inventory valuation than would ordinarily arise where a full physical stocktake has been undertaken.

Management intends to undertake a full physical stocktake in future reporting periods.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably.

The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

Tangible fixed assets

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

Plant and machinery - 25% on reducing balance

Motor vehicles - 15% on reducing balance

Computer equipment - 25% on straightlining

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and

the carrying value of the asset, and is credited or charged to profit or loss.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit and loss.

Financial instruments

Basic financial instruments are recognised at amortised cost using the effective interest method, except for investments in non-convertible preference and non-puttable preference and ordinary shares, which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value, with changes recognised in profit and loss.

Taxation

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

Current or deferred taxation assets and liabilities are not discounted.

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

Deferred tax

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

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

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

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

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

Pension costs and other post-retirement benefits

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 16 (2024 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2024

647,742

Additions

65,239

Disposals

(155,482

)

At 31 December 2025

557,499

DEPRECIATION

At 1 September 2024

185,514

Charge for period

84,091

Eliminated on disposal

(17,443

)

At 31 December 2025

252,162

NET BOOK VALUE

At 31 December 2025

305,337

At 31 August 2024

462,228

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.8.24

£

£

Trade debtors

274,518

67,717

Amounts owed by group undertakings

206,354

-

Other debtors

249,688

91,907

730,560

159,624

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.8.24

£

£

Bank loans and overdrafts

142,131

-

Hire purchase contracts (see note 8)

49,746

-

Trade creditors

465,114

444,734

Taxation and social security

243,056

61,314

Other creditors

406,935

15,024

1,306,982

521,072

Rosewood Engineering Limited's assets have been given up as security for debt due by Empower Midco Limited, which owns 100% of the share capital of the Company's immediate parent company, Empower Bidco Limited.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.8.24

£

£

Bank loans

-

340,244

Hire purchase contracts (see note 8)

82,024

197,971

82,024

538,215

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.12.25

31.8.24

£

£

Net obligations repayable:

Within one year

49,746

-

Between one and five years

82,024

197,971

131,770

197,971

Non-cancellable

operating leases

31.12.25

31.8.24

£

£

Within one year

78,141

-

Between one and five years

414,455

-

492,596

-

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Board of Directors of Empower Topco Limited.