IRIS Accounts Production v26.1.10.61 01675457 Board of Directors 1.1.25 31.12.25 31.12.25 Medium entities true false true true false false true true true true false These accounts have been prepared in accordance with the provisions applicable to companies subject to the medium-sized companies regime. Fair value model Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 01675457 2024-12-31 01675457 2025-12-31 01675457 2025-01-01 2025-12-31 01675457 2023-12-31 01675457 2024-01-01 2024-12-31 01675457 2024-12-31 01675457 ns15:EnglandWales 2025-01-01 2025-12-31 01675457 ns14:PoundSterling 2025-01-01 2025-12-31 01675457 ns10:Director1 2025-01-01 2025-12-31 01675457 ns10:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 01675457 ns10:MediumEntities 2025-01-01 2025-12-31 01675457 ns10:Audited 2025-01-01 2025-12-31 01675457 ns10:Medium-sizedCompaniesRegimeForDirectorsReport 2025-01-01 2025-12-31 01675457 ns10:Medium-sizedCompaniesRegimeForAccounts 2025-01-01 2025-12-31 01675457 ns10:FullAccounts 2025-01-01 2025-12-31 01675457 ns10:OrdinaryShareClass1 2025-01-01 2025-12-31 01675457 ns10:Director2 2025-01-01 2025-12-31 01675457 ns10:Director3 2025-01-01 2025-12-31 01675457 ns10:RegisteredOffice 2025-01-01 2025-12-31 01675457 ns5:CurrentFinancialInstruments 2025-12-31 01675457 ns5:CurrentFinancialInstruments 2024-12-31 01675457 ns5:Non-currentFinancialInstruments 2025-12-31 01675457 ns5:Non-currentFinancialInstruments 2024-12-31 01675457 ns5:ShareCapital 2025-12-31 01675457 ns5:ShareCapital 2024-12-31 01675457 ns5:RetainedEarningsAccumulatedLosses 2025-12-31 01675457 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 01675457 ns5:ShareCapital 2023-12-31 01675457 ns5:RetainedEarningsAccumulatedLosses 2023-12-31 01675457 ns5:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 01675457 ns5:RetainedEarningsAccumulatedLosses 2025-01-01 2025-12-31 01675457 1 2025-01-01 2025-12-31 01675457 ns5:FurnitureFittings 2025-01-01 2025-12-31 01675457 ns5:MotorVehicles 2025-01-01 2025-12-31 01675457 ns5:ReportableOperatingSegment1 2025-01-01 2025-12-31 01675457 ns5:ReportableOperatingSegment1 2024-01-01 2024-12-31 01675457 ns5:TotalReportableOperatingSegmentsIncludingAnyUnallocatedAmount 2025-01-01 2025-12-31 01675457 ns5:TotalReportableOperatingSegmentsIncludingAnyUnallocatedAmount 2024-01-01 2024-12-31 01675457 ns10:HighestPaidDirector 2025-01-01 2025-12-31 01675457 ns10:HighestPaidDirector 2024-01-01 2024-12-31 01675457 ns5:PlantEquipmentOtherAssetsUnderOperatingLeases 2025-01-01 2025-12-31 01675457 ns5:PlantEquipmentOtherAssetsUnderOperatingLeases 2024-01-01 2024-12-31 01675457 ns5:OwnedAssets 2025-01-01 2025-12-31 01675457 ns5:OwnedAssets 2024-01-01 2024-12-31 01675457 1 2025-01-01 2025-12-31 01675457 1 2024-01-01 2024-12-31 01675457 ns10:OrdinaryShareClass1 2024-01-01 2024-12-31 01675457 ns5:LandBuildings 2024-12-31 01675457 ns5:FurnitureFittings 2024-12-31 01675457 ns5:MotorVehicles 2024-12-31 01675457 ns5:LandBuildings 2025-01-01 2025-12-31 01675457 ns5:LandBuildings 2025-12-31 01675457 ns5:FurnitureFittings 2025-12-31 01675457 ns5:MotorVehicles 2025-12-31 01675457 ns5:LandBuildings 2024-12-31 01675457 ns5:FurnitureFittings 2024-12-31 01675457 ns5:MotorVehicles 2024-12-31 01675457 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-12-31 01675457 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 01675457 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2025-12-31 01675457 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2024-12-31 01675457 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2025-12-31 01675457 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2024-12-31 01675457 ns5:WithinOneYear 2025-12-31 01675457 ns5:WithinOneYear 2024-12-31 01675457 ns5:BetweenOneFiveYears 2025-12-31 01675457 ns5:BetweenOneFiveYears 2024-12-31 01675457 ns5:AllPeriods 2025-12-31 01675457 ns5:AllPeriods 2024-12-31 01675457 ns5:DeferredTaxation 2024-12-31 01675457 ns5:DeferredTaxation 2025-01-01 2025-12-31 01675457 ns5:DeferredTaxation 2025-12-31 01675457 ns10:OrdinaryShareClass1 2025-12-31 01675457 ns5:RetainedEarningsAccumulatedLosses 2024-12-31

REGISTERED NUMBER: 01675457 (England and Wales)

| Strategic Report, Report of the Directors and |

| Financial Statements |

| for the Year Ended 31 December 2025 |

| for |

| Alpha Construction Limited |

| Alpha Construction Limited (Registered number: 01675457) |

Contents of the Financial Statements

for the Year Ended 31 December 2025

Page |

| Company Information | 1 |

| Strategic Report | 2 |

| Report of the Directors | 6 |

| Report of the Independent Auditors | 7 |

| Statement of Comprehensive Income | 10 |

| Balance Sheet | 11 |

| Statement of Changes in Equity | 12 |

| Notes to the Financial Statements | 13 |

| Alpha Construction Limited |

Company Information

for the Year Ended 31 December 2025

| DIRECTORS: | A R Bamford

| R S Denton

| L Stafford

| REGISTERED OFFICE: | Chatsworth Court, Alpha House

| Uttoxeter Road

| Hilton

| Derbyshire

| DE65 5GE

| REGISTERED NUMBER: | 01675457 (England and Wales)

| SENIOR STATUTORY AUDITOR: | Susanna D Ault FCCA FCA

| AUDITORS: | Tomkinson Teal (Lichfield) LLP

| Hanover Court

| 5 Queen Street

| Lichfield

| Staffordshire

| WS13 6QD

| Alpha Construction Limited (Registered number: 01675457) |

Strategic Report

for the Year Ended 31 December 2025

The directors present their strategic report for the year ended 31 December 2025.

PRINCIPAL ACTIVITIES

Alpha Construction Limited is a UK-based civil engineering contractor delivering complex infrastructure and construction projects across a range of sectors, including energy, industrial, infrastructure, and commercial developments.

The Company provides integrated services from early contractor involvement and design collaboration through to full construction delivery. Its approach is centred on early engagement, proactive risk management, and delivering practical, buildable solutions aligned to programme, cost, and quality expectations.

Alpha Construction Limited differentiates itself through its ability to operate effectively in complex and high-risk environments, integrating closely with client teams to manage interfaces, mitigate risk, and provide certainty of programme, cost, and outcome.

BUSINESS REVIEW AND PERFORMANCE

The Company has delivered a strong performance during the year, maintaining turnover whilst achieving a significant improvement in profitability and secured workload.

This reflects a continued evolution in how the business operates, with greater emphasis on:

- Commercial discipline and cost control

- Structured project delivery and programme management

- Selective tendering aligned to capability and risk profile

- Strengthening long-term client relationships and repeat business

Work in hand has increased materially, providing improved forward visibility and supporting a more stable and predictable workload profile.

The business has continued to secure work through a combination of negotiated projects, repeat clients, and framework opportunities. This has reduced reliance on purely competitive tendering and enabled greater control over risk and delivery outcomes.

Whilst the wider construction market remains competitive, with ongoing pressure on margins and increasing client expectations, the Company has responded by strengthening internal processes, enhancing governance, and maintaining a disciplined approach to project selection.

A key factor in the Company's performance is its focus on delivering certainty for clients in environments where programme, coordination, and risk management are critical. This has supported the development of long-term client relationships and repeat business and continues to underpin the Company's reputation for reliable delivery.

FINANCIAL PERFORMANCE

Key financial performance indicators are set out below:

Financial |  |  | 2025 |  | 2024 |  | Change in year |

Turnover |  | (£'000) |  | 14,132 |  | 10,160 |  | +39.1% |

Gross profit |  | (£'000) |  | 2,527 |  | 2,423 |  | +4.3% |

Profit before tax |  | (£'000) |  | 424 |  | 521 |  | -18.6% |

Work in hand |  | (£'000) |  | 11,973 |  | 9,851 |  | +21.5% |

Employees |  |

Number |  | average in year |  | 62 |  | 55 |  | +12.7% |

Health and safety |  |

Reportable accidents |  |  | 1 |  | 0 |  | +1 |

Profitability reflects strong project performance, commercial management and a considered approach to procurement and tendering.

The growth in work in hand is a key indicator of future performance and demonstrates the Company's ability to secure and retain quality workload.

| Alpha Construction Limited (Registered number: 01675457) |

Strategic Report

for the Year Ended 31 December 2025

STRATEGY AND BUSINESS DEVELOPMENT

The Company is transitioning from a primarily project-led contractor to a more structured, process-driven business capable of supporting sustained growth.

The strategic focus includes:

- Controlled Growth

Expanding turnover in a measured manner, ensuring that operational capability, systems, and governance develop in line with the scale of the business.

- Client and Framework Alignment

Strengthening relationships with key clients and increasing participation in framework and long-term delivery models, providing greater workload certainty.

- Sector Diversification with Technical Depth

Continuing to operate across multiple sectors whilst developing deeper capability in technically complex and higher-value projects.

- Operational Excellence

Improving consistency in delivery through standardised processes, enhanced reporting, and stronger programme and cost management.

- Systems and Infrastructure

Investing in business systems, digital tools, and internal processes to improve efficiency, data visibility, and decision-making.

- People and Capability

Developing internal teams, leadership capability, and succession planning to support the next phase of growth.

- Delivering Certainty and Value

Maintaining a clear focus on providing clients with programme confidence, commercial transparency, and proactive risk management, particularly on complex or interface-driven projects.

This strategy positions the Company to operate at a higher level of scale, complexity, and client expectation, whilst maintaining its core values of quality, collaboration, and reliability.

FUTURE OUTLOOK

The Company enters the next financial year with a strong pipeline of secured and prospective work.

Framework positions, repeat business, and targeted opportunities provide a solid platform for continued growth. The Board remains focused on maintaining commercial discipline, managing risk, and ensuring that growth is aligned with operational capacity.

Whilst market conditions remain uncertain, the Company is confident in its ability to adapt and respond, supported by its experience, client relationships, and evolving internal capability.

The Company will continue to focus on securing and delivering projects where its approach to collaboration, risk management, and programme certainty provides clear value to clients, positioning the business to compete effectively for higher-value and more complex opportunities.

| Alpha Construction Limited (Registered number: 01675457) |

Strategic Report

for the Year Ended 31 December 2025

PRINCIPAL RISKS AND UNCERTAINTIES

The Board actively monitors and manages the principal risks affecting the business:

- Margin and Commercial Risk

Competitive tendering and cost pressures may impact profitability. This is mitigated through selective tendering, detailed commercial review, and ongoing project monitoring.

- Programme and Delivery Risk

Delays arising from client changes, third-party interfaces, or external constraints can affect performance.The Company manages this through proactive planning, regular progress reviews, and close stakeholder engagement.

- Supply Chain Performance

The availability, capability, and reliability of subcontractors and suppliers remain critical. The Company maintains strong relationships and monitors performance to ensure consistency.

- Resource and Skills Availability

Growth requires the recruitment and retention of skilled personnel. The Company continues to invest in training, development, and workforce planning.

- Operational Scaling Risk

As the business grows, there is a risk that systems, processes, and controls do not keep pace. The Company is addressing this through investment in governance, reporting, and internal structure.

- Regulatory and ESG Requirements

Increasing expectations relating to environmental performance, carbon management, and reporting present both compliance obligations and opportunities. The Company continues to develop its approach in this area.

- Macroeconomic Conditions

Inflation, interest rates, and broader economic uncertainty may impact both costs and client investment decisions. These factors are considered in financial planning and pricing strategies.

EMPLOYEES

The Company recognises that its employees are fundamental to its success and future growth.

Focus during the year has included:

- Strengthening management and leadership capability

- Supporting employee development and progression

- Maintaining high standards of health, safety, and wellbeing

- Promoting a culture of accountability, collaboration, and continuous improvement

Regular communication and engagement ensure that employees remain aligned with the Company's objectives and values.

STAKEHOLDER ENGAGEMENT (SECTION 172 STATEMENT)

The Board of Directors has acted in accordance with its duties under Section 172 of the Companies Act 2006.

In doing so, the Board has considered the long-term impact of its decisions and the interests of key stakeholders, including employees, clients, suppliers, and the communities in which the Company operates.

Engagement with stakeholders is achieved through:

- Regular communication with clients and supply chain partners

- Employee engagement and performance review processes

- Ongoing assessment of risks and opportunities affecting the business

- Consideration of environmental and community impacts

This approach supports informed decision-making and promotes the long-term success of the Company.

| Alpha Construction Limited (Registered number: 01675457) |

Strategic Report

for the Year Ended 31 December 2025

ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG)

The Company recognises the increasing importance of Environmental, Social and Governance (ESG) considerations and continues to develop its approach in line with client expectations, regulatory requirements, and industry best practice.

During the year, the Company has established and refined its baseline carbon footprint, incorporating Scope 1, Scope 2, and relevant Scope 3 emissions, providing improved visibility of its environmental impact.

- Scope 1 emissions relate to direct fuel use from company-owned vehicles and plant

- Scope 2 emissions relate to purchased electricity used within offices and site operations

- Scope 3 emissions include indirect emissions such as purchased materials and business travel, where data is currently available

The Company recognises that Scope 3 emissions require ongoing development and will continue to enhance data quality and coverage over time.

Building on this baseline, the Company has begun implementing measures to reduce its environmental impact, including:

- Improving energy efficiency across office and site operations

- Reviewing plant and vehicle usage to reduce fuel consumption

- Engaging with the supply chain to promote responsible sourcing and lower-carbon solutions

- Supporting clients in achieving their environmental and sustainability objectives

Responsibility for ESG development is being embedded within the business, ensuring that environmental and sustainability considerations are increasingly integrated into tendering, planning, and project delivery.

The Company increasingly recognises that strong ESG performance is not only a compliance requirement, but also a key component of delivering long-term value to clients and supporting successful project outcomes.

The Company is committed to continuous improvement in this area and to developing its carbon management approach to achieve measurable reductions over time.

ON BEHALF OF THE BOARD:

A R Bamford - Director

25 March 2026

| Alpha Construction Limited (Registered number: 01675457) |

Report of the Directors

for the Year Ended 31 December 2025

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

PRINCIPAL ACTIVITY

The principal activity of the company continued to be that of construction.

DIVIDENDS

The total distribution of dividends for the year ended 31 December 2025 will be £ 105,231 .

DIRECTORS

The directors shown below have held office during the whole of the period from 1 January 2025 to the date of this report.

A R Bamford

R S Denton

L Stafford

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, Tomkinson Teal (Lichfield) LLP, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

A R Bamford - Director

25 March 2026

Report of the Independent Auditors to the Members of

Alpha Construction Limited

Opinion

We have audited the financial statements of Alpha Construction Limited (the 'company') for the year ended 31 December 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 December 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.

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 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 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.

Report of the Independent Auditors to the Members of

Alpha Construction Limited

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 six, 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 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.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design audit procedures in line with our responsibilities to detect material misstatements arising from irregularities, including fraud.

The risk of not detecting a material misstatement due to fraud is higher than for one arising from error, as fraud may involve deliberate concealment, including collusion or misrepresentation. There are inherent limitations in an audit, and the further removed non-compliance is from the events and transactions reflected in the financial statements, the less likely it is that it will be detected.

As part of our audit, we obtained an understanding of the legal and regulatory framework applicable to the company and considered the risks of material misstatement arising from non-compliance. We discussed these risks within the engagement team and designed audit procedures accordingly.

Our procedures included enquiries of management and those charged with governance, review of relevant documentation, and testing of transactions where appropriate. We also addressed the risk of management override of controls by reviewing journal entries and accounting estimates for indicators of bias.

We are not responsible for preventing non-compliance and cannot be expected to detect non-compliance with all laws and 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 Report of the Auditors.

Report of the Independent Auditors to the Members of

Alpha Construction Limited

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.

Susanna D Ault FCCA FCA (Senior Statutory Auditor)

for and on behalf of Tomkinson Teal (Lichfield) LLP

Hanover Court

5 Queen Street

Lichfield

Staffordshire

WS13 6QD

25 March 2026

| Alpha Construction Limited (Registered number: 01675457) |

Statement of Comprehensive

Income

for the Year Ended 31 December 2025

| 2025 |  | 2024

| Notes | £ | £ |

TURNOVER | 4 | 14,131,706 |  | 10,159,992 |  |

Cost of sales | (11,605,105 | ) | (7,736,921 | ) |

GROSS PROFIT | 2,526,601 |  | 2,423,071 |  |

Administrative expenses | (2,166,423 | ) | (1,957,547 | ) |

360,178 |  | 465,524 |  |

Other operating income | 63,972 |  | 54,941 |  |

OPERATING PROFIT | 6 | 424,150 |  | 520,465 |  |

Interest receivable and similar income | 22,233 |  | 12,539 |  |

446,383 |  | 533,004 |  |

Interest payable and similar expenses | 7 | (5,870 | ) | (12,141 | ) |

PROFIT BEFORE TAXATION | 440,513 |  | 520,863 |  |

Tax on profit | 8 | (112,331 | ) | (136,819 | ) |

PROFIT FOR THE FINANCIAL YEAR | 328,182 |  | 384,044 |  |

OTHER COMPREHENSIVE INCOME | - |  | - |  |

TOTAL COMPREHENSIVE INCOME FOR THE YEAR | 328,182 |  | 384,044 |  |

| Alpha Construction Limited (Registered number: 01675457) |

Balance Sheet

31 December 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 10 | 762,192 |  | 752,473 |  |

Investment property | 11 | 535,000 |  | 535,000 |  |

1,297,192 |  | 1,287,473 |  |

CURRENT ASSETS

Stocks | 12 | 409,923 |  | 321,301 |  |

Debtors | 13 | 5,936,043 |  | 5,427,650 |  |

Cash at bank and in hand | 2,947,309 |  | 2,280,864 |  |

9,293,275 |  | 8,029,815 |  |

CREDITORS

Amounts falling due within one year | 14 | (6,116,741 | ) | (4,981,855 | ) |

NET CURRENT ASSETS | 3,176,534 |  | 3,047,960 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 4,473,726 |  | 4,335,433 |  |

CREDITORS

Amounts falling due after more than one year | 15 | - |  | (69,015 | ) |

PROVISIONS FOR LIABILITIES | 18 | (72,225 | ) | (87,868 | ) |

NET ASSETS | 4,401,501 |  | 4,178,550 |  |

CAPITAL AND RESERVES

Called up share capital | 19 | 25,000 |  | 25,000 |  |

Retained earnings | 20 | 4,376,501 |  | 4,153,550 |  |

SHAREHOLDERS' FUNDS | 4,401,501 |  | 4,178,550 |  |

The financial statements were approved by the Board of Directors and authorised for issue on 25 March 2026 and were signed on its behalf by:

A R Bamford - Director

| Alpha Construction Limited (Registered number: 01675457) |

Statement of Changes in Equity

for the Year Ended 31 December 2025

| Called up |

| share |  | Retained |  | Total

| capital |  | earnings |  | equity

£ | £ | £ |

Balance at 1 January 2024 | 25,000 |  | 4,019,506 |  | 4,044,506 |  |

Changes in equity

Dividends | - |  | (250,000 | ) | (250,000 | ) |

Total comprehensive income | - |  | 384,044 |  | 384,044 |  |

Balance at 31 December 2024 | 25,000 |  | 4,153,550 |  | 4,178,550 |  |

Changes in equity

Dividends | - |  | (105,231 | ) | (105,231 | ) |

Total comprehensive income | - |  | 328,182 |  | 328,182 |  |

Balance at 31 December 2025 | 25,000 |  | 4,376,501 |  | 4,401,501 |  |

| Alpha Construction Limited (Registered number: 01675457) |

Notes to the Financial Statements

for the Year Ended 31 December 2025

1. | STATUTORY INFORMATION

| Alpha Construction 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.

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 under the historical cost convention as modified by the revaluation of certain assets.

| 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 requirements of paragraphs 12.26, 12.27, 12.29(a), 12.29(b) and 12.29A;

| • | the requirements of paragraphs 26.18(b), 26.19 to 26.21 and 26.23;

| • | the requirement of paragraph 33.7.

| The financial statements of the company are consolidated in the financial statements of Alpha Construction (Topco) Limited. These consolidated financial statements are available from its registered office.

| Critical accounting judgements and key sources of estimation uncertainty

| In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount 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 where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

| Key sources of estimation uncertainty

| The company makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are addressed below.

| Recognition of revenue - Long term contracts:

| Profit on long term contracts is taken as the work is carried out if the final outcome can be assessed with reasonable certainty. The profit included is calculated on a prudent basis to reflect the proportion of the work carried out at the year end, by recording turnover and related costs as contract activity progresses. Turnover is calculated as the proportion of total contract value which costs incurred to date bear to total expected costs for that contract. Revenue derived from variations on contracts are recognised only when they have been accepted by the company. Full provision is made for losses on loss-making contracts in the year in which they are first foreseen.

| Alpha Construction Limited (Registered number: 01675457) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

3. | ACCOUNTING POLICIES - continued

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| 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.

| Where the outcome of a construction contract can be estimated reliably, revenue and costs are recognised by reference to the stage of completion of the contract activity at the reporting end date. Variations in contract work, claims and incentive payments are included to the extent that the amount can be measured reliably and its receipt is considered probable.

| When it is probable that total contract costs will exceed total contract turnover, the expected loss is recognised as an expense immediately.

| Where the outcome of a construction contract cannot be estimated reliably, contract revenue is recognised to the extent of contract costs incurred where it is probable that they will be recoverable. Contract costs are recognised as expenses in the period in which they are incurred. When costs incurred in securing a contract are recognised as an expense in the period in which they are incurred, they are not included in contract costs if the contract is obtained in a subsequent period.

| The "percentage of completion method" is used to determine the appropriate amount to recognise in a given period. The stage of completion is measured by the proportion of contract costs incurred for work performed to date compared to the estimated total contract costs. Costs incurred in the year in connection with future activity on a contract are excluded from contract costs in determining the stage of completion. These costs are presented as stocks, prepayments or other assets depending on their nature, and provided it is probable they 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.

| Office Equipment | - | 30% on reducing balance

| Motor vehicles | - | 30% on reducing balance

| Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. 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.

| Investment property

| Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.

| Stocks

| Work in progress is valued at the lower of cost and net realisable value.

| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

| 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.

| Alpha Construction Limited (Registered number: 01675457) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

3. | ACCOUNTING POLICIES - continued

| 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

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

| Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leased assets are consumed.

| 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.

| Going concern

| At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

| The company has retained profit/cash reserves. At the end of 2025, the company has a secure forward workload similar to that of previous years. The level of tendering activity is currently at a very high level and has been for some time; this is a clear indicator of future orders and workload. It is the view of the Director's that the company remains a going concern.

| Alpha Construction Limited (Registered number: 01675457) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

3. | ACCOUNTING POLICIES - continued

| Impairment of fixed assets

| At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the 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 an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

| Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

| If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

| Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

| Provisions

| Provisions are recognised when the company has a legal or constructive present obligation as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

| The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the reporting end date, taking into account the risks and uncertainties surrounding the obligation. Where the effect of the time value of money is material, the amount expected to be required to settle the obligation is recognised at present value. When a provision is measured at present value, the unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. | TURNOVER

| The turnover and profit before taxation are attributable to the one principal activity of the company.

| An analysis of turnover by class of business is given below:

| 2025 |  | 2024

£ | £ |

| Construction contracts | 14,131,706 |  | 10,159,992 |  |

14,131,706 |  | 10,159,992 |  |

5. | EMPLOYEES AND DIRECTORS

| 2025 |  | 2024

£ | £ |

| Wages and salaries | 3,420,028 |  | 3,008,487 |  |

| Social security costs | 361,146 |  | 278,793 |  |

| Other pension costs | 136,646 |  | 105,653 |  |

3,917,820 |  | 3,392,933 |  |

| Alpha Construction Limited (Registered number: 01675457) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

5. | EMPLOYEES AND DIRECTORS - continued

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

| 2025 |  | 2024

| Directors | 3 |  | 3 |  |

| Office staff | 36 |  | 33 |  |

| Site staff | 23 |  | 19 |  |

62 |  | 55 |  |

| 2025 |  | 2024

£ | £ |

| Directors' remuneration | 252,143 |  | 307,181 |  |

| Directors' pension contributions to money purchase schemes | 36,034 |  | 20,604 |  |

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

| Money purchase schemes | 3 |  | 3 |  |

| Information regarding the highest paid director is as follows:

| 2025 |  | 2024

£ | £ |

| Emoluments etc | 88,569 |  | 106,789 |  |

| Pension contributions to money purchase schemes | 15,157 |  | 5,008 |  |

6. | OPERATING PROFIT

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

| 2025 |  | 2024

£ | £ |

| Hire of plant and machinery | 35,268 |  | 30,610 |  |

| Depreciation - owned assets | 80,641 |  | 65,355 |  |

| Loss/(profit) on disposal of fixed assets | 651 |  | (5,732 | ) |

| Auditors' remuneration | 14,595 |  | 13,000 |  |

7. | INTEREST PAYABLE AND SIMILAR EXPENSES |

| 2025 |  | 2024

£ | £ |

| Bank interest | 5,470 |  | 12,141 |  |

| Interest on taxation | 400 |  | - |  |

5,870 |  | 12,141 |  |

| Alpha Construction Limited (Registered number: 01675457) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

8. | 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 | 127,974 |  | 142,770 |  |

| Deferred tax | (15,643 | ) | (5,951 | ) |

| Tax on profit | 112,331 |  | 136,819 |  |

| 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 | 440,513 |  | 520,863 |  |

| Profit multiplied by the standard rate of corporation tax in the UK of 25% (2024 - 25%) | 110,128 |  | 130,216 |  |

| Effects of:

| Expenses not deductible for tax purposes | 2,367 |  | 157 |  |

| Depreciation in excess of capital allowances | 15,479 |  | 11,582 |  |

| Pension liability | - |  | 815 |  |

| Deferred tax | (15,643 | ) | (5,951 | ) |

| Total tax charge | 112,331 |  | 136,819 |  |

9. | DIVIDENDS

| 2025 |  | 2024

£ | £ |

| Interim | 105,231 |  | 250,000 |  |

| Alpha Construction Limited (Registered number: 01675457) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

10. | TANGIBLE FIXED ASSETS

| Freehold |  | Office |  | Motor |

| property |  | Equipment |  | vehicles |  | Totals

£ | £ | £ | £ |

| COST OR VALUATION

| At 1 January 2025 | 521,400 |  | 88,771 |  | 321,952 |  | 932,123 |  |

| Additions | - |  | 6,600 |  | 84,412 |  | 91,012 |  |

| Disposals | - |  | (4,792 | ) | - |  | (4,792 | ) |

| At 31 December 2025 | 521,400 |  | 90,579 |  | 406,364 |  | 1,018,343 |  |

| DEPRECIATION

| At 1 January 2025 | - |  | 42,958 |  | 136,692 |  | 179,650 |  |

| Charge for year | - |  | 15,127 |  | 65,514 |  | 80,641 |  |

| Eliminated on disposal | - |  | (4,140 | ) | - |  | (4,140 | ) |

| At 31 December 2025 | - |  | 53,945 |  | 202,206 |  | 256,151 |  |

| NET BOOK VALUE

| At 31 December 2025 | 521,400 |  | 36,634 |  | 204,158 |  | 762,192 |  |

| At 31 December 2024 | 521,400 |  | 45,813 |  | 185,260 |  | 752,473 |  |

| Included in cost or valuation of land and buildings is freehold land of £ 176,400 (2024 - £ 176,400 ) which is not depreciated.

| Cost or valuation at 31 December 2025 is represented by:

| Freehold |  | Office |  | Motor |

| property |  | Equipment |  | vehicles |  | Totals

£ | £ | £ | £ |

| Valuation in 2013 | (119,724 | ) | - |  | - |  | (119,724 | ) |

| Valuation in 2019 | (30,000 | ) | - |  | - |  | (30,000 | ) |

| Valuation in 2022 | 85,000 |  | - |  | - |  | 85,000 |  |

| Cost | 586,124 |  | 90,579 |  | 406,364 |  | 1,083,067 |  |

521,400 |  | 90,579 |  | 406,364 |  | 1,018,343 |  |

| Freehold property was valued on an open market basis on 13 January 2023 by Salloway (Burton) - registered valuers .

11. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 January 2025

| and 31 December 2025 | 535,000 |  |

| NET BOOK VALUE

| At 31 December 2025 | 535,000 |  |

| At 31 December 2024 | 535,000 |  |

| Alpha Construction Limited (Registered number: 01675457) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

11. | INVESTMENT PROPERTY - continued

| Fair value at 31 December 2025 is represented by:

£ |

| Valuation in 2022 | 421,039 |  |

| Cost | 113,961 |  |

535,000 |  |

| Investment property was valued on an open market basis on 13 January 2023 by Salloway (Burton) - registered valuers .

12. | STOCKS

2025 | 2024 |

£ | £ |

| Work-in-progress | 409,923 |  | 321,301 |  |

13. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 1,694,410 |  | 1,557,012 |  |

| Amounts owed by group undertakings | 4,210,091 |  | 3,836,742 |  |

| Prepayments | 31,542 |  | 33,896 |  |

5,936,043 |  | 5,427,650 |  |

14. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts (see note 16) | - |  | 50,000 |  |

| Trade creditors | 1,046,838 |  | 938,612 |  |

| Amounts owed to group undertakings | 791,338 |  | 791,338 |  |

| Tax | 127,874 |  | 142,939 |  |

| Social security and other taxes | 102,438 |  | 85,528 |  |

| VAT | 16,659 |  | 57,425 |  |

| Other creditors | 231,347 |  | 264,381 |  |

| Accrued expenses | 3,800,247 |  | 2,651,632 |  |

6,116,741 |  | 4,981,855 |  |

15. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans (see note 16) | - |  | 69,015 |  |

16. | LOANS

| An analysis of the maturity of loans is given below:

2025 | 2024 |

£ | £ |

| Amounts falling due within one year or on demand:

| Bank loans | - |  | 50,000 |  |

| Alpha Construction Limited (Registered number: 01675457) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

16. | LOANS - continued

2025 | 2024 |

£ | £ |

| Amounts falling due between one and two years:

| Bank loans - 1-2 years | - |  | 50,000 |  |

| Amounts falling due between two and five years:

| Bank loans - 2-5 years | - |  | 19,015 |  |

| The bank loan is secured by a fixed and floating charge with Lloyds Bank Commercial Finance Ltd, dated 8 December 2016, over all property or undertaking of the company.

| This charge was satisfied on Companies House on 2 September 2025.

17. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

2025 | 2024 |

£ | £ |

| Within one year | 143,836 |  | 114,270 |  |

| Between one and five years | 120,158 |  | 130,292 |  |

263,994 |  | 244,562 |  |

18. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

£ | £ |

| Deferred tax | 72,225 |  | 87,868 |  |

| Deferred |

| tax |

£ |

| Balance at 1 January 2025 | 87,868 |  |

| Provided during year | (15,643 | ) |

| Balance at 31 December 2025 | 72,225 |  |

19. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 25,000 | Ordinary | £1 | 25,000 |  | 25,000 |  |

| Alpha Construction Limited (Registered number: 01675457) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

20. | RESERVES

| Retained

| earnings

£ |

| At 1 January 2025 | 4,153,550 |  |

| Profit for the year | 328,182 |  |

| Dividends | (105,231 | ) |

| At 31 December 2025 | 4,376,501 |  |

21. | ULTIMATE PARENT COMPANY

| The company's immediate parent company is Alpha Construction (Holdings) Limited.

| The company's ultimate parent is Alpha Construction (Group) Limited. Previously known as Alpha Construction (Topco) Limited until the change of name on 1 January 2026.

| The consolidated financial statements in which Alpha Construction are published are those prepared by Alpha Construction (Group) Limited which are available from Companies House.

| The directors do not consider there to be an ultimate controlling party.