REGISTERED NUMBER: 08314488 (England and Wales)

Group Strategic Report,

Report of the Directors and

Consolidated Financial Statements

for the Year Ended 30 September 2025

for

Parkacre Holdings Limited

Page

Company Information

1

Group Strategic Report

2

Report of the Directors

3

Report of the Independent Auditors

4

Consolidated Income Statement

6

Consolidated Other Comprehensive Income

7

Consolidated Balance Sheet

8

Company Balance Sheet

9

Consolidated Statement of Changes in Equity

10

Company Statement of Changes in Equity

11

Consolidated Cash Flow Statement

12

Notes to the Consolidated Cash Flow Statement

13

Notes to the Consolidated Financial Statements

14

DIRECTORS:

J Stern

C Stern

REGISTERED OFFICE:

Hangar 2

Learoyd Road

Caenby Corner

Gainsborough

Lincolnshire

DN21 5TJ

REGISTERED NUMBER:

08314488 (England and Wales)

SENIOR STATUTORY AUDITOR:

James Sewell BA (Hons) FCA CTA

AUDITORS:

Wright Vigar Limited

Statutory Auditors

Chartered Accountants & Business Advisers

15 Newland

Lincoln

Lincolnshire

LN1 1XG

The directors present their strategic report on the Group for the year ended 30 September 2025.

REVIEW OF BUSINESS

The principal activity of the Group is the supply and manufacture of vitamins, minerals and supplements and related health food products.

The business remains focused on delivering excellent customer service, driving innovation, enhancing its product range and improving production capabilities.

In the year to 30 September 2025, the Group generated turnover of £26.1m (2024: £28.3m). We are pleased to report another profitable year, with profit before tax increasing to £0.94m (2024: £0.40m). At the year end, net assets increased to £7.4m (2024: £6.8m).

The Group continues to broaden its range of products and services, supporting customers from initial concept through to finished product. Investment in the production facility remains an important part of this strategy, strengthening the Group's ability to meet customer requirements and respond to future demand.

The ongoing capital investment programme is focused on enhancing service levels and increasing operational capacity, ensuring the Group remains well placed to pursue market opportunities and support long-term growth.

PRINCIPAL RISKS AND UNCERTAINTIES

The process of risk acceptance and risk management is addressed through a framework of policies, procedures, and internal controls. All policies are agreed at board level and are subject to ongoing review by management. Compliance with regulation, legal, and ethical standards is a high priority for the Group and the board recognise that it is essential for future growth.

The Group is committed to providing high-quality products and service levels that meet the evolving needs of its customers. Through a continued focus on innovation and continuous improvement, the Group seeks to develop collaborative, long-term partnerships with customers across its markets.

Retaining and attracting skilled employees remains central to the Group's ability to deliver high standards of product quality, customer service and operational performance. The Group continues to invest in its people, supporting employee development and engagement across the business.

The Group is also focused on minimising the environmental impact of its operations and continues to work closely with customers and suppliers to support this objective. A key area of focus is reducing the Group's carbon footprint, and the directors are pleased to report that the entire site is powered by renewable energy.

The Group's manufacturing processes are subject to regular external audits by customers and quality accreditation bodies throughout the year. The Group continues to invest in quality, health and safety, and regulatory compliance to maintain the accreditations required by its customer base.

ON BEHALF OF THE BOARD:

C Stern - Director

19 June 2026

The directors present their report with the financial statements of the company and the group for the year ended 30 September 2025.

DIVIDENDS

The total distributions of dividends for the year ended 30 September 2025 will be £188,757 (2024: £121,993).

DIRECTORS

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

J Stern

C Stern

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 ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the group's auditors are aware of that information.

ON BEHALF OF THE BOARD:

C Stern - Director

19 June 2026

Opinion

We have audited the financial statements of Parkacre Holdings Limited (the 'parent company') and its subsidiaries (the 'group') for the year ended 30 September 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).

In our opinion the financial statements:

-	give a true and fair view of the state of the group's and of the parent company affairs as at 30 September 2025 and of the group's 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 group 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 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:

Our work is performed to include an assessment of the susceptibility of the entity's financial statements to material misstatement, including the risk of fraud. Owing to the inherent limitations of an audit, there is an unavoidable risk that material misstatements in the financial statements may not be detected, even though the audit is properly planned and performed in accordance with the ISAs (UK).

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

-

We plan our work to gain an understanding of the significant laws and regulations that are of significance to the entity and the sector in which they operate. We perform our work to ensure that the entity is complying with its legal and regulatory framework.

-

We obtained an understanding of how the company is complying with those legal and regulatory frameworks by making inquiries to the management and people charged with governance.

We assessed the susceptibility of the Company's financial statements to material misstatement, including how fraud might occur. Audit procedures performed by the engagement team included:

-

Substantive procedures performed in accordance with the ISAs (UK).

-

Challenging assumptions and judgments made by management in its significant accounting estimates.

-

Identifying and testing journal entries, in particular material journal entries and an assessment of year end journals.

-

Assessing the extent of compliance with the relevant 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.

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.

James Sewell BA (Hons) FCA CTA (Senior Statutory Auditor)

for and on behalf of Wright Vigar Limited

Statutory Auditors

Chartered Accountants & Business Advisers

15 Newland

Lincoln

Lincolnshire

LN1 1XG

19 June 2026

TURNOVER

26,071,225

28,278,177

Cost of sales

14,830,511

16,887,709

GROSS PROFIT

11,240,714

11,390,468

Administrative expenses

10,500,136

10,875,084

740,578

515,384

Other operating income

393,191

36,224

OPERATING PROFIT

4

1,133,769

551,608

Interest receivable and similar income

-

83,970

1,133,769

635,578

Interest payable and similar expenses

5

194,807

232,316

PROFIT BEFORE TAXATION

938,962

403,262

Tax on profit

6

202,190

(177,846

)

PROFIT FOR THE FINANCIAL YEAR

736,772

581,108

Profit attributable to:

Owners of the parent

736,772

581,108

PROFIT FOR THE YEAR

736,772

581,108

OTHER COMPREHENSIVE INCOME

Revaluation reserve movement

-

615,000

Income tax relating to other comprehensive income

-

-

OTHER COMPREHENSIVE INCOME FOR THE YEAR, NET OF INCOME TAX

-

615,000

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

736,772

1,196,108

Total comprehensive income attributable to:

Owners of the parent

736,772

1,196,108

FIXED ASSETS

Intangible assets

9

103,088

125,157

Tangible assets

10

8,445,678

7,203,416

Investments

11

-

-

8,548,766

7,328,573

CURRENT ASSETS

Stocks

12

4,732,448

5,372,166

Debtors: amounts falling due within one year

13

9,633,193

4,453,520

Debtors: amounts falling due after more than one year

13

475,000

950,000

Cash at bank and in hand

697,878

302,871

15,538,519

11,078,557

CREDITORS

Amounts falling due within one year

14

14,203,065

9,881,232

NET CURRENT ASSETS

1,335,454

1,197,325

TOTAL ASSETS LESS CURRENT LIABILITIES

9,884,220

8,525,898

CREDITORS

Amounts falling due after more than one year

15

(2,418,556

)

(1,723,808

)

PROVISIONS FOR LIABILITIES

19

(115,559

)

-

NET ASSETS

7,350,105

6,802,090

CAPITAL AND RESERVES

Called up share capital

20

225

225

Revaluation reserve

21

1,813,958

1,813,958

Retained earnings

21

5,535,922

4,987,907

SHAREHOLDERS' FUNDS

7,350,105

6,802,090

The financial statements were approved by the Board of Directors and authorised for issue on 19 June 2026 and were signed on its behalf by:

C Stern - Director

FIXED ASSETS

Intangible assets

9

-

-

Tangible assets

10

3,745,000

3,565,000

Investments

11

2

2

3,745,002

3,565,002

CURRENT ASSETS

Debtors: amounts falling due within one year

13

847,871

476,778

Cash at bank

1,736

2,011

849,607

478,789

CREDITORS

Amounts falling due within one year

14

212,111

324,911

NET CURRENT ASSETS

637,496

153,878

TOTAL ASSETS LESS CURRENT LIABILITIES

4,382,498

3,718,880

CREDITORS

Amounts falling due after more than one year

15

(2,018,611

)

(1,198,333

)

PROVISIONS FOR LIABILITIES

19

(153,750

)

(153,750

)

NET ASSETS

2,210,137

2,366,797

CAPITAL AND RESERVES

Called up share capital

20

225

225

Revaluation reserve

21

1,813,958

1,813,958

Retained earnings

21

395,954

552,614

SHAREHOLDERS' FUNDS

2,210,137

2,366,797

Company's profit for the financial year

32,097

150,737

The financial statements were approved by the Board of Directors and authorised for issue on 19 June 2026 and were signed on its behalf by:

C Stern - Director

Called up

share

Retained

Revaluation

Total

capital

earnings

reserve

equity

£

£

£

£

Balance at 1 October 2023

225

4,375,042

1,352,708

5,727,975

Changes in equity

Dividends

-

(121,993

)

-

(121,993

)

Total comprehensive income

-

734,858

461,250

1,196,108

Balance at 30 September 2024

225

4,987,907

1,813,958

6,802,090

Changes in equity

Dividends

-

(188,757

)

-

(188,757

)

Total comprehensive income

-

736,772

-

736,772

Balance at 30 September 2025

225

5,535,922

1,813,958

7,350,105

Called up

share

Retained

Revaluation

Total

capital

earnings

reserve

equity

£

£

£

£

Balance at 1 October 2023

225

370,120

1,352,708

1,723,053

Changes in equity

Dividends

-

(121,993

)

-

(121,993

)

Total comprehensive income

-

304,487

461,250

765,737

Balance at 30 September 2024

225

552,614

1,813,958

2,366,797

Changes in equity

Dividends

-

(188,757

)

-

(188,757

)

Total comprehensive income

-

32,097

-

32,097

Balance at 30 September 2025

225

395,954

1,813,958

2,210,137

Cash flows from operating activities

Cash generated from operations

1

2,044,757

1,116,783

Interest paid

(194,807

)

(232,316

)

Net cash from operating activities

1,849,950

884,467

Cash flows from investing activities

Purchase of intangible fixed assets

(5,000

)

(28,294

)

Purchase of tangible fixed assets

(1,643,131

)

(393,461

)

Interest received

-

83,970

Net cash from investing activities

(1,648,131

)

(337,785

)

Cash flows from financing activities

New hire purchase agreements in year

739,250

402,742

New loan in year

2,272,500

-

Loan repayments in year

(1,931,691

)

(398,737

)

Capital repayments in year

(630,354

)

(946,018

)

Amount withdrawn by directors

(67,760

)

(181,393

)

Equity dividends paid

(188,757

)

(121,993

)

Net cash from financing activities

193,188

(1,245,399

)

Increase/(decrease) in cash and cash equivalents

395,007

(698,717

)

Cash and cash equivalents at beginning of year

2

302,871

1,001,588

Cash and cash equivalents at end of year

2

697,878

302,871

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

2025

2024

£

£

Profit before taxation

938,962

403,262

Depreciation charges

427,939

604,739

Finance costs

194,807

232,316

Finance income

-

(83,970

)

1,561,708

1,156,347

Decrease/(increase) in stocks

639,718

(461,562

)

(Increase)/decrease in trade and other debtors

(4,791,304

)

950,119

Increase/(decrease) in trade and other creditors

4,634,635

(528,121

)

Cash generated from operations

2,044,757

1,116,783

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 30 September 2025

30.9.25

1.10.24

£

£

Cash and cash equivalents

697,878

302,871

Year ended 30 September 2024

30.9.24

1.10.23

£

£

Cash and cash equivalents

302,871

1,001,588

3.	ANALYSIS OF CHANGES IN NET DEBT

At 1.10.24

Cash flow

At 30.9.25

£

£

£

Net cash

Cash at bank and in hand

302,871

395,007

697,878

302,871

395,007

697,878

Debt

Finance leases

(798,459

)

(108,896

)

(907,355

)

Debts falling due within 1 year

(524,311

)

312,801

(211,510

)

Debts falling due after 1 year

(1,364,999

)

(653,612

)

(2,018,611

)

(2,687,769

)

(449,707

)

(3,137,476

)

Total

(2,384,898

)

(54,700

)

(2,439,598

)

1.	STATUTORY INFORMATION

Parkacre Holdings 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 General Information page.

The presentational 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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Revenue is recognised at the fair value of the consideration received or receivable for goods supplied, net of returns, discounts and rebates and value added taxes.

The company recognises the revenue when:

a) the significant risks and rewards of ownership have been transferred to the buyer;

b) the company retains no continuing involvement or control over the goods;

c) the amount of revenue can be measured reliably; and

d) it is probable that future economic benefits will flow to the entity.

Intangible assets

Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. Amortisation is calculated, using the straight line method, to allocate the depreciable amount of the asset to their residual values over their estimated useful lives, as follows:

Software - 10% on cost

Tangible fixed assets

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

Freehold property

-

not provided

Plant and machinery

-

10% - 20% on cost

Fixtures and fittings

-

10% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

10% - 33.33% on cost

Depreciation is not provided on the freehold property of the company. The freehold property is maintained to a high standard and as such the residual value is high. Depreciation from the date of purchase is therefore immaterial to fixed assets and the financial statements as a whole as the freehold property.

The freehold property has been revalued in the year to its market value. Freehold property is therefore held at its fair value less subsequent accumulated depreciation.

The increase in value as a result of revaluation is recognised in other comprehensive income and accumulated in equity.

Depreciation is charged from the time of capitalisation.

Stocks

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

The labour element of manufactured stock is included in the valuation of stock.

Financial instruments

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provision of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.

Taxation and 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.

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.

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 the profit and loss account in the period to which they relate.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital element of the future payments is treated as a liability.

Operating lease commitments

Rentals paid under operating leases are charged to the profit and loss account as incurred.

Operating leases should disclose the total of the future minimum lease payments under non-cancellable operating leases within one year, one to five years and later than five years.

3.	EMPLOYEES AND DIRECTORS

2025

2024

£

£

Wages and salaries

5,877,199

6,582,643

Social security costs

675,654

592,937

6,552,853

7,175,580

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

2025

2024

Directors

3

3

Employees

179

206

182

209