IRIS Accounts Production v26.1.10.61 01837182 Board of Directors 30.9.25 1.10.24 30.9.25 30.9.25 Medium entities These accounts have been prepared in accordance with the provisions applicable to companies subject to the medium-sized companies regime. fabrication fitting, servicing and maintenance of industrial and aircraft hangar doors. true true true false true true false false false false false false true false Ordinary A 0 Ordinary B,C,&D 0 Employee 0 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 01837182 2024-09-30 01837182 2025-09-30 01837182 2024-10-01 2025-09-30 01837182 2023-09-30 01837182 2023-10-01 2024-09-30 01837182 2024-09-30 01837182 ns15:EnglandWales 2024-10-01 2025-09-30 01837182 ns14:PoundSterling 2024-10-01 2025-09-30 01837182 ns10:Director1 2024-10-01 2025-09-30 01837182 ns10:Consolidated 2025-09-30 01837182 ns10:ConsolidatedGroupCompanyAccounts 2024-10-01 2025-09-30 01837182 ns10:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 01837182 ns10:Consolidated ns10:MediumEntities 2024-10-01 2025-09-30 01837182 ns10:Consolidated ns10:Audited 2024-10-01 2025-09-30 01837182 ns10:Medium-sizedCompaniesRegimeForDirectorsReport 2024-10-01 2025-09-30 01837182 ns10:Medium-sizedCompaniesRegimeForAccounts 2024-10-01 2025-09-30 01837182 ns10:Consolidated 2024-10-01 2025-09-30 01837182 ns10:Consolidated ns10:Medium-sizedCompaniesRegimeForDirectorsReport 2024-10-01 2025-09-30 01837182 ns10:Medium-sizedCompaniesRegimeForAccounts ns10:Consolidated 2024-10-01 2025-09-30 01837182 ns10:FullAccounts 2024-10-01 2025-09-30 01837182 ns5:Subsidiary1 2024-10-01 2025-09-30 01837182 ns5:Subsidiary2 2024-10-01 2025-09-30 01837182 ns5:Subsidiary3 2024-10-01 2025-09-30 01837182 1 2024-10-01 2025-09-30 01837182 ns10:OrdinaryShareClass1 2024-10-01 2025-09-30 01837182 ns10:OrdinaryShareClass2 2024-10-01 2025-09-30 01837182 ns10:OrdinaryShareClass3 2024-10-01 2025-09-30 01837182 ns10:Director2 2024-10-01 2025-09-30 01837182 ns10:Director3 2024-10-01 2025-09-30 01837182 ns10:Director4 2024-10-01 2025-09-30 01837182 ns10:Director5 2024-10-01 2025-09-30 01837182 ns10:CompanySecretary1 2024-10-01 2025-09-30 01837182 ns10:RegisteredOffice 2024-10-01 2025-09-30 01837182 ns10:Consolidated 2023-10-01 2024-09-30 01837182 ns5:CurrentFinancialInstruments 2025-09-30 01837182 ns5:CurrentFinancialInstruments 2024-09-30 01837182 ns5:ShareCapital 2025-09-30 01837182 ns5:ShareCapital 2024-09-30 01837182 ns5:SharePremium 2025-09-30 01837182 ns5:SharePremium 2024-09-30 01837182 ns5:CapitalRedemptionReserve 2025-09-30 01837182 ns5:CapitalRedemptionReserve 2024-09-30 01837182 ns5:RetainedEarningsAccumulatedLosses 2025-09-30 01837182 ns5:RetainedEarningsAccumulatedLosses 2024-09-30 01837182 ns5:ShareCapital 2023-09-30 01837182 ns5:RetainedEarningsAccumulatedLosses 2023-09-30 01837182 ns5:SharePremium 2023-09-30 01837182 ns5:CapitalRedemptionReserve 2023-09-30 01837182 ns5:RetainedEarningsAccumulatedLosses 2023-10-01 2024-09-30 01837182 ns5:CapitalRedemptionReserve 2023-10-01 2024-09-30 01837182 ns5:RetainedEarningsAccumulatedLosses 2024-10-01 2025-09-30 01837182 ns5:CapitalRedemptionReserve 2024-10-01 2025-09-30 01837182 ns5:NetGoodwill 2024-10-01 2025-09-30 01837182 ns5:IntangibleAssetsOtherThanGoodwill 2024-10-01 2025-09-30 01837182 ns5:OwnedOrFreeholdAssets ns5:LandBuildings 2024-10-01 2025-09-30 01837182 ns5:PlantMachinery 2024-10-01 2025-09-30 01837182 ns5:FurnitureFittings 2024-10-01 2025-09-30 01837182 ns5:MotorVehicles 2024-10-01 2025-09-30 01837182 ns5:LandBuildings 2024-09-30 01837182 ns5:PlantMachinery 2024-09-30 01837182 ns5:FurnitureFittings 2024-09-30 01837182 ns5:MotorVehicles 2024-09-30 01837182 ns5:LandBuildings 2024-10-01 2025-09-30 01837182 ns5:LandBuildings 2025-09-30 01837182 ns5:PlantMachinery 2025-09-30 01837182 ns5:FurnitureFittings 2025-09-30 01837182 ns5:MotorVehicles 2025-09-30 01837182 ns5:LandBuildings 2024-09-30 01837182 ns5:PlantMachinery 2024-09-30 01837182 ns5:FurnitureFittings 2024-09-30 01837182 ns5:MotorVehicles 2024-09-30 01837182 ns5:CostValuation ns5:UnlistedNon-exchangeTraded 2024-09-30 01837182 ns5:UnlistedNon-exchangeTraded 2025-09-30 01837182 ns5:UnlistedNon-exchangeTraded 2024-09-30 01837182 1 ns5:Subsidiary1 2024-10-01 2025-09-30 01837182 ns5:Subsidiary1 2025-09-30 01837182 ns5:Subsidiary1 2024-09-30 01837182 ns5:Subsidiary2 3 2024-10-01 2025-09-30 01837182 ns5:Subsidiary2 2025-09-30 01837182 ns5:Subsidiary2 2024-09-30 01837182 5 ns5:Subsidiary3 2024-10-01 2025-09-30 01837182 ns5:Subsidiary3 2025-09-30 01837182 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-09-30 01837182 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-09-30 01837182 ns5:DeferredTaxation 2024-09-30 01837182 ns5:DeferredTaxation 2024-10-01 2025-09-30 01837182 ns5:DeferredTaxation 2025-09-30 01837182 ns10:OrdinaryShareClass1 2025-09-30 01837182 ns10:OrdinaryShareClass2 2025-09-30 01837182 ns10:OrdinaryShareClass3 2025-09-30 01837182 ns5:RetainedEarningsAccumulatedLosses 2024-09-30 01837182 ns5:SharePremium 2024-09-30 01837182 ns5:CapitalRedemptionReserve 2024-09-30

REGISTERED NUMBER: 01837182 (England and Wales)

Group Strategic Report, Report of the Directors and

Consolidated Financial Statements for the Year Ended 30 September 2025

for

Jewers Doors Limited

Jewers Doors Limited (Registered number: 01837182)

Contents of the Consolidated Financial Statements

for the Year Ended 30 September 2025

Page |

| Company Information | 1 |

| Group Strategic Report | 2 |

| Report of the Directors | 4 |

| Report of the Independent Auditors | 6 |

| Consolidated Statement of Comprehensive Income | 10 |

| Consolidated Balance Sheet | 11 |

| Company Balance Sheet | 12 |

| Consolidated Statement of Changes in Equity | 13 |

| Company Statement of Changes in Equity | 14 |

| Consolidated Cash Flow Statement | 15 |

| Notes to the Consolidated Cash Flow Statement | 16 |

| Notes to the Consolidated Financial Statements | 17 |

Jewers Doors Limited

Company Information

for the Year Ended 30 September 2025

| DIRECTORS: | Mr C N Jewers

| Mr M O Jewers

| Mr J C Jewers

| Mr M D Allen

| Mr B M Chowdhary

| SECRETARY: | Mrs P Jewers

| REGISTERED OFFICE: | 1 Juno Place

| Stratton Business Park

| Biggleswade

| Bedfordshire

| SG18 8XP

| REGISTERED NUMBER: | 01837182 (England and Wales)

| AUDITORS: | GH Audit Limited

| Brigham House

| 93 High Street

| Biggleswade

| Bedfordshire

| SG18 0LD

Jewers Doors Limited (Registered number: 01837182)

Group Strategic Report

for the Year Ended 30 September 2025

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

The results for the year and financial position of the Company are as shown in the annexed financial statements.

The company is a private company, limited by shares.

REVIEW OF BUSINESS

In the year to 30th September 2025, in line with expectation, turnover increased by 5% to £18.687M although the cost of sales was proportionally higher than the previous year (UP 10.9%), not least as a result of additional wage bill obligations such as NI and holiday pay accrual. On the other hand, administrative expenses reduced slightly to 24.6% (2023-24 = 26.2%).

Nonetheless, the resultant margin remained high, resulting again in exceptionally strong profitability for the period, albeit up only 1.4%.

Cash holdings have remained strong and have generated significant interest, not only adding to operating profit but also allowing the Company to push forward with additional plant and equipment investments without resort to borrowing.

PRINCIPAL RISKS AND UNCERTAINTIES

The company's principal risks and uncertainties remain similar to the previous period i.e. consequences arising from key geopolitical events and lower cost competition from BRICS countries plus exchange rate fluctuation.

KEY PERFORMANCE INDICATORS

The company monitors certain financial statistics in the course of running its business. These are:

- Value of Order Book

- Gross Margin percentage

- Debtor Days

Jewers Doors Limited (Registered number: 01837182)

Group Strategic Report

for the Year Ended 30 September 2025

FUTURE OUTLOOK

Incoming orderbook levels continue to grow significantly as a result of which the company expects to see enhanced turnover during the next period, albeit with careful consideration required around capacity.

The conflict in the Middle East has slowed projects in that region, albeit with the majority of them still proceeding and other new projects coming online. The Company has been reassured by the resilience of the aviation sector in the Gulf states and is optimistic that this important sector will bounce back strongly as the conflict fades.

Despite the penalising effect of tariffs on our growing volume of exports to the US, the Company expects to grow certain corners of that market at a significant rate in the next period.

Despite ongoing political uncertainty surrounding headline defence spending in the UK, the Company is seeing strong expenditure in that area.

Overall, Directors remain optimistic about continuing to deliver a healthy trading performance.

ON BEHALF OF THE BOARD:

Mr C N Jewers - Director

23 June 2026

Jewers Doors Limited (Registered number: 01837182)

Report of the Directors

for the Year Ended 30 September 2025

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

DIVIDENDS

Directors recommend final dividends on ordinary shares for the year ended 30 September 2025, in the sum of £964,975 (2024: £941,609). No interim dividend was paid (2024: £Nil).

DIRECTORS

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

Mr C N Jewers

Mr M O Jewers

Mr J C Jewers

Mr M D Allen

Mr B M Chowdhary

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.

Jewers Doors Limited (Registered number: 01837182)

Report of the Directors

for the Year Ended 30 September 2025

AUDITORS

The auditors, GH Audit Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

Mr C N Jewers - Director

23 June 2026

Report of the Independent Auditors to the Members of

Jewers Doors Limited

Opinion

We have audited the financial statements of Jewers Doors Limited (the 'parent company') and its subsidiaries (the 'group') for the year ended 30 September 2025 which comprise the Consolidated Statement of 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.

Report of the Independent Auditors to the Members of

Jewers Doors Limited

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 four, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the 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.

Report of the Independent Auditors to the Members of

Jewers Doors Limited

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:

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non compliance with laws and regulations, we considered the following:

1. The nature of the industry and sector, control environment and business performance

2. Key drivers for the remuneration policies of Key employee's remuneration, bonus levels and performance targets

3. Enquiries with management about their own identification and assessment of the risks of irregularities.

4. The matters discussed among the audit team regarding how and where fraud might occur and fraud indicators.

As a result of these procedures, we identified the greatest potential for fraud in terms of misstatements in the financial statements was in relation to the valuation of Stock and Work in progress and the calculation and inclusion of year end provisions. In common with all audits under ISA's (UK), we are also required to perform specific procedures to respond to the risk of management override. The assessment of the risk of fraud in terms of misappropriation of assets highlighted fraudulent payments as a focus area.

In addition we considered the legal and regulatory framework that the company operates in, focusing on provisions of these law and regulations that had a direct effect on the determination of material amounts and disclosures in the financial statements. Key laws considered include the UK Companies Act and UK Tax Legislation.

Audit response to risks identified:

The valuation of Stock and Work in progress is tested by substantive and analytical procedures including a physical inspection of the site at the balance sheet date.

The calculation of provisions was also tested using a substantive approach with an emphasis on completeness.

Standard procedures were pursued to test management override including the review of year end journals and whether the judgments made in making accounting estimates are indicative of potential bias.

To cover the assessed risks in relation to fraudulent payments, we ensure that transactions are conducted in line with the company's authority matrix, together with a review of expenses in the profit and loss to ensure that they are genuine business expenses. We also perform analytical procedures to identify any unusual or unexpected relationship that may indicate risks of material misstatement due to fraud.

We remained alert to any indications of fraud or non-compliance throughout the entire audit process.

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

Jewers Doors 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.

Colin Airey FCCA (Senior Statutory Auditor)

for and on behalf of GH Audit Limited

Brigham House

93 High Street

Biggleswade

Bedfordshire

SG18 0LD

26 June 2026

Jewers Doors Limited (Registered number: 01837182)

Consolidated

Statement of Comprehensive

Income

for the Year Ended 30 September 2025

| 30/9/25 |  | 30/9/24

| Notes | £ | £ |

TURNOVER | 4 | 18,686,899 |  | 17,783,758 |  |

Cost of sales | 10,364,920 |  | 9,351,558 |  |

GROSS PROFIT | 8,321,979 |  | 8,432,200 |  |

Administrative expenses | 4,599,874 |  | 4,653,806 |  |

3,722,105 |  | 3,778,394 |  |

Other operating income | 5 | 44,761 |  | 15,034 |  |

OPERATING PROFIT | 7 | 3,766,866 |  | 3,793,428 |  |

Interest receivable and similar income | 353,906 |  | 279,569 |  |

4,120,772 |  | 4,072,997 |  |

Interest payable and similar expenses | 8 | 9,495 |  | 10,774 |  |

PROFIT BEFORE TAXATION | 4,111,277 |  | 4,062,223 |  |

Tax on profit | 9 | 1,037,753 |  | 1,116,639 |  |

PROFIT FOR THE FINANCIAL YEAR | 3,073,524 |  | 2,945,584 |  |

OTHER COMPREHENSIVE INCOME | - |  | - |  |

TOTAL COMPREHENSIVE INCOME FOR THE YEAR | 3,073,524 |  | 2,945,584 |  |

Profit attributable to:

Owners of the parent | 3,073,524 |  | 2,945,584 |  |

Total comprehensive income attributable to:

Owners of the parent | 3,073,524 |  | 2,945,584 |  |

Jewers Doors Limited (Registered number: 01837182)

Consolidated Balance Sheet

30 September 2025

| 30/9/25 | 30/9/24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 13 | (108,781 | ) | - |  |

Tangible assets | 14 | 9,237,189 |  | 9,482,060 |  |

Investments | 15 | 101 |  | 101 |  |

9,128,509 |  | 9,482,161 |  |

CURRENT ASSETS

Stocks | 16 | 1,819,499 |  | 1,828,646 |  |

Debtors | 17 | 7,056,928 |  | 5,767,461 |  |

Cash at bank and in hand | 9,590,265 |  | 8,444,227 |  |

18,466,692 |  | 16,040,334 |  |

CREDITORS

Amounts falling due within one year | 18 | 4,287,466 |  | 4,340,421 |  |

NET CURRENT ASSETS | 14,179,226 |  | 11,699,913 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 23,307,735 |  | 21,182,074 |  |

PROVISIONS FOR LIABILITIES | 20 | 927,561 |  | 933,815 |  |

NET ASSETS | 22,380,174 |  | 20,248,259 |  |

CAPITAL AND RESERVES

Called up share capital | 21 | 118,716 |  | 118,716 |  |

Share premium | 22 | 73,140 |  | 73,140 |  |

Capital redemption reserve | 22 | 140,000 |  | 140,000 |  |

Retained earnings | 22 | 22,048,318 |  | 19,916,403 |  |

SHAREHOLDERS' FUNDS | 22,380,174 |  | 20,248,259 |  |

The financial statements were approved by the Board of Directors and authorised for issue on 23 June 2026 and were signed on its behalf by:

Mr C N Jewers - Director

Jewers Doors Limited (Registered number: 01837182)

Company Balance Sheet

30 September 2025

| 30/9/25 | 30/9/24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 13 | - |  | - |  |

Tangible assets | 14 | 9,237,189 |  | 9,482,060 |  |

Investments | 15 | 101 |  | 101 |  |

9,237,290 |  | 9,482,161 |  |

CURRENT ASSETS

Stocks | 16 | 1,757,363 |  | 1,828,646 |  |

Debtors | 17 | 6,988,915 |  | 5,767,461 |  |

Cash at bank and in hand | 9,584,681 |  | 8,444,227 |  |

18,330,959 |  | 16,040,334 |  |

CREDITORS

Amounts falling due within one year | 18 | 4,253,735 |  | 4,340,421 |  |

NET CURRENT ASSETS | 14,077,224 |  | 11,699,913 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 23,314,514 |  | 21,182,074 |  |

PROVISIONS FOR LIABILITIES | 20 | 927,561 |  | 933,815 |  |

NET ASSETS | 22,386,953 |  | 20,248,259 |  |

CAPITAL AND RESERVES

Called up share capital | 21 | 118,716 |  | 118,716 |  |

Share premium | 22 | 73,140 |  | 73,140 |  |

Capital redemption reserve | 22 | 140,000 |  | 140,000 |  |

Retained earnings | 22 | 22,055,097 |  | 19,916,403 |  |

SHAREHOLDERS' FUNDS | 22,386,953 |  | 20,248,259 |  |

Company's profit for the financial year | 3,080,303 |  | 2,945,584 |  |

The financial statements were approved by the Board of Directors and authorised for issue on 23 June 2026 and were signed on its behalf by:

Mr C N Jewers - Director

Jewers Doors Limited (Registered number: 01837182)

Consolidated Statement of Changes in Equity

for the Year Ended 30 September 2025

| Called up |  | Capital |

| share |  | Retained |  | Share |  | redemption |  | Total

| capital |  | earnings |  | premium |  | reserve |  | equity

£ | £ | £ | £ | £ |

Balance at 1 October 2023 | 118,716 |  | 17,805,008 |  | 73,140 |  | 140,000 |  | 18,136,864 |  |

Changes in equity

Dividends | - |  | (834,189 | ) | - |  | - |  | (834,189 | ) |

Total comprehensive income | - |  | 2,945,584 |  | - |  | - |  | 2,945,584 |  |

Balance at 30 September 2024 | 118,716 |  | 19,916,403 |  | 73,140 |  | 140,000 |  | 20,248,259 |  |

Changes in equity

Dividends | - |  | (941,609 | ) | - |  | - |  | (941,609 | ) |

Total comprehensive income | - |  | 3,073,524 |  | - |  | - |  | 3,073,524 |  |

Balance at 30 September 2025 | 118,716 |  | 22,048,318 |  | 73,140 |  | 140,000 |  | 22,380,174 |  |

Jewers Doors Limited (Registered number: 01837182)

Company Statement of Changes in Equity

for the Year Ended 30 September 2025

| Called up |  | Capital |

| share |  | Retained |  | Share |  | redemption |  | Total

| capital |  | earnings |  | premium |  | reserve |  | equity

£ | £ | £ | £ | £ |

Balance at 1 October 2023 | 118,716 |  | 17,805,008 |  | 73,140 |  | 140,000 |  | 18,136,864 |  |

Changes in equity

Dividends | - |  | (834,189 | ) | - |  | - |  | (834,189 | ) |

Total comprehensive income | - |  | 2,945,584 |  | - |  | - |  | 2,945,584 |  |

Balance at 30 September 2024 | 118,716 |  | 19,916,403 |  | 73,140 |  | 140,000 |  | 20,248,259 |  |

Changes in equity

Dividends | - |  | (941,609 | ) | - |  | - |  | (941,609 | ) |

Total comprehensive income | - |  | 3,080,303 |  | - |  | - |  | 3,080,303 |  |

Balance at 30 September 2025 | 118,716 |  | 22,055,097 |  | 73,140 |  | 140,000 |  | 22,386,953 |  |

Jewers Doors Limited (Registered number: 01837182)

Consolidated Cash Flow Statement

for the Year Ended 30 September 2025

| 30/9/25 |  | 30/9/24

| Notes | £ | £ |

Cash flows from operating activities

Cash generated from operations | 1 | 2,602,899 |  | 5,231,023 |  |

Interest paid | (9,495 | ) | (10,774 | ) |

Tax paid | (703,194 | ) | (847,076 | ) |

Net cash from operating activities | 1,890,210 |  | 4,373,173 |  |

Cash flows from investing activities

Purchase of intangible fixed assets | 108,781 |  | - |  |

Purchase of tangible fixed assets | (378,892 | ) | (532,452 | ) |

Sale of tangible fixed assets | 49,251 |  | 39,589 |  |

Interest received | 353,906 |  | 279,569 |  |

Net cash from investing activities | 133,046 |  | (213,294 | ) |

Cash flows from financing activities

Amount introduced by directors | 64,391 |  | - |  |

Amount withdrawn by directors | - |  | (189,752 | ) |

Equity dividends paid | (941,609 | ) | (834,189 | ) |

Net cash from financing activities | (877,218 | ) | (1,023,941 | ) |

Increase in cash and cash equivalents | 1,146,038 |  | 3,135,938 |  |

Cash and cash equivalents at beginning of year | 2 | 8,444,227 |  | 5,308,289 |  |

Cash and cash equivalents at end of year | 2 | 9,590,265 |  | 8,444,227 |  |

Jewers Doors Limited (Registered number: 01837182)

Notes to the Consolidated Cash Flow Statement

for the Year Ended 30 September 2025

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

| 30/9/25 |  | 30/9/24

£ | £ |

| Profit before taxation | 4,111,277 |  | 4,062,223 |  |

| Depreciation charges | 593,092 |  | 550,561 |  |

| Profit on disposal of fixed assets | (18,580 | ) | (28,141 | ) |

| Finance costs | 9,495 |  | 10,774 |  |

| Finance income | (353,906 | ) | (279,569 | ) |

4,341,378 |  | 4,315,848 |  |

| Decrease/(increase) in stocks | 9,147 |  | (60,958 | ) |

| (Increase)/decrease in trade and other debtors | (1,589,495 | ) | 1,868,763 |  |

| Decrease in trade and other creditors | (158,131 | ) | (892,630 | ) |

| Cash generated from operations | 2,602,899 |  | 5,231,023 |  |

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 | 9,590,265 |  | 8,444,227 |  |

| Year ended 30 September 2024

| 30.9.24 |  | 1.10.23

£ | £ |

| Cash and cash equivalents | 8,444,227 |  | 5,308,289 |  |

3. | ANALYSIS OF CHANGES IN NET FUNDS

| At 1.10.24 | Cash flow | At 30.9.25

£ | £ | £ |

| Net cash |

| Cash at bank and in hand | 8,444,227 |  | 1,146,038 |  | 9,590,265 |  |

8,444,227 |  | 1,146,038 |  | 9,590,265 |  |

| Total | 8,444,227 |  | 1,146,038 |  | 9,590,265 |  |

Jewers Doors Limited (Registered number: 01837182)

Notes to the Consolidated Financial Statements

for the Year Ended 30 September 2025

1. | STATUTORY INFORMATION

| Jewers Doors 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.

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.

| The amounts stated in the financial statements and notes have been rounded to the nearest £1.

| Significant judgements and estimates

| In the application of the Company's accounting policies, which are described in note 3, management is required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying 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 key sources of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are described below.

| Long-term contracts and work in progress valuation is based on the directors assessment of the stage of completion, expected margin and future costs. The directors use their experience and knowledge of the business and individual contracts to make their assessments.

| Provisions for expenses such as rectifying defects are based on the directors' experience and knowledge of the individual contracts.

Jewers Doors Limited (Registered number: 01837182)

Notes to the Consolidated Financial Statements - continued

for the Year Ended 30 September 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 long-term construction contracts relating to manufacture and construction of large doors is recognised in proportion to the stage of completion for that particular contract, using the following policies:

| - Revenue is recognised on a percentage of completion method based on surveys of the work performed

| - Each contract is measured individually

| - Accrued income is included in work in progress shown in current assets

| - Accrued costs relating to work in progress are included in current liabilities

| Revenue from the sale of goods which are not related to long-term construction contracts is recognised when all the following conditions are satisfied:

| - the Company has transferred to the buyer the significant risks and rewards of ownership of the goods;

| - the Company retains neither continuing managerial involvement to the degree usually associated with

| ownership nor effective control over the goods sold;

| - the amount of revenue can be measured reliably;

| - it is probable that the economic benefits associated with the transaction will flow to the Company; and

| - the costs incurred or to be incurred in respect of the transaction can be measured reliably.

| Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2025, is being amortised evenly over its estimated useful life of ten years.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Tangible fixed assets

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

| Freehold property | - | At varying rates on cost

| Plant and machinery | - | At varying rates on cost

| Fixtures and fittings | - | At varying rates on cost

| Motor vehicles | - | 25% on cost

Jewers Doors Limited (Registered number: 01837182)

Notes to the Consolidated Financial Statements - continued

for the Year Ended 30 September 2025

3. | ACCOUNTING POLICIES - continued

| Stocks

| Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell after making allowance for obsolete and slow moving items. Costs, which comprise direct production costs and an appropriate allocation of production overheads, are based on the method most appropriate to the type of inventory class. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

| When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Consolidated 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.

Jewers Doors Limited (Registered number: 01837182)

Notes to the Consolidated Financial Statements - continued

for the Year Ended 30 September 2025

3. | ACCOUNTING POLICIES - continued

| Related parties

| For the purposes of these financial statements, a party is considered to be related to the Company if:

| (i) the party has the ability, directly or indirectly, through one or more intermediaries, to control the Company or exercise significant influence over the company in making financial and operating policy decisions, or has joint control over the Company;

| (ii) the Company and the party are subject to common control;

| (iii) the party is an associate of the Company or a joint venture in which the Company is a venturer;

| (iv) the party is a member of key management personnel of the Company or the Company's parent, or a close family member of such an individual, or is an entity under the control, joint control or significant of such individuals;

| (v) the party is a close family member of a party referred to in (i) or is an entity under the control, joint control or significant influence of such individuals; or

| (vi) the party is a post-employment benefit plan which is for the benefit of employees of the Company or of any entity that is a related party of the Company.

| (vii) the party, or any member of a group of which it is part, provides key management personnel services to the company or its parent.

| Close family members of an individual are those family members who may be expected to influence, or be influenced by, that individual in their dealings with the entity.

| Cash and cash equivalents

| Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities.

Jewers Doors Limited (Registered number: 01837182)

Notes to the Consolidated Financial Statements - continued

for the Year Ended 30 September 2025

3. | ACCOUNTING POLICIES - continued

| Trade and other debtors

| Trade and other debtors that are receivable within one year and do not constitute a financing transaction are recorded at the undiscounted amount expected to be received, net of impairment.

| Retentions relating to completed doors are included in trade debtors. These are recorded at the undiscounted amount expected to be received, net of impairment. As they are a normal part of business and do not represent financing transactions they are not discounted even when the amount is expected to be received in excess of one year.

| Trade and other creditors

| Trade and other creditors are initially recognised at the transaction price and are thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

| Employee Benefits

| Short-term employee benefits are recognised as an expense in the period they are incurred.

| The obligations for contributions to defined contribution scheme are recognised as an expense in the period they are incurred. The assets of the scheme are held separately from those of the Company in an independently administered fund.

| Derivative Financial Instruments

| The company uses forward foreign currency contracts to reduce exposure to foreign exchange rates.

| Derivatives are initially recognised at fair value on the date a derivative contract is entered into and are

| subsequently re-measured at their fair value. Changes in the fair value of derivatives are recognised in profit and loss in finance costs or income as appropriate.

| The company does not currently apply hedge accounting for foreign exchange derivatives.

| Provisions

| Provisions are recognised when the Company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. No adjustment to reflect the present value of the

| expenditures is considered necessary as the provisions are expected to be settled within one year.

4. | TURNOVER

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

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

| 30/9/25 |  | 30/9/24

£ | £ |

| New door sales | 11,909,920 |  | 10,306,143 |  |

| Overseas door sales | 5,339,054 |  | 5,284,693 |  |

| Repairs, spares and servicing | 1,437,925 |  | 2,192,922 |  |

18,686,899 |  | 17,783,758 |  |

Jewers Doors Limited (Registered number: 01837182)

Notes to the Consolidated Financial Statements - continued

for the Year Ended 30 September 2025

5. | OTHER OPERATING INCOME

| 30/9/25 |  | 30/9/24

£ | £ |

| Rents received | 44,361 |  | 15,034 |  |

| Sundry income | 400 |  | - |  |

44,761 |  | 15,034 |  |

6. | EMPLOYEES AND DIRECTORS

| 30/9/25 |  | 30/9/24

£ | £ |

| Wages and salaries | 3,587,014 |  | 3,383,337 |  |

| Social security costs | 361,304 |  | 339,982 |  |

| Other pension costs | 182,769 |  | 161,319 |  |

4,131,087 |  | 3,884,638 |  |

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

| 30/9/25 |  | 30/9/24

| Production and fixing | 33 |  | 32 |  |

| Management and administration | 31 |  | 27 |  |

64 |  | 59 |  |

| The average number of employees by undertakings that were proportionately consolidated during the year was 64 (2024 - 59 ) .

| 30/9/25 |  | 30/9/24

£ | £ |

| Directors' remuneration | 586,090 |  | 605,677 |  |

| Directors' pension contributions to money purchase schemes | 90,181 |  | 70,858 |  |

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

| Money purchase schemes | 5 |  | 5 |  |

| Information regarding the highest paid director is as follows:

| 30/9/25 |  | 30/9/24

£ | £ |

| Emoluments etc | 130,137 |  | 146,980 |  |

| Pension contributions to money purchase schemes | 2,791 |  | 29,598 |  |

Jewers Doors Limited (Registered number: 01837182)

Notes to the Consolidated Financial Statements - continued

for the Year Ended 30 September 2025

7. | OPERATING PROFIT

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

| 30/9/25 |  | 30/9/24

£ | £ |

| Depreciation - owned assets | 593,092 |  | 550,561 |  |

| Profit on disposal of fixed assets | (18,580 | ) | (28,141 | ) |

| Auditors remuneration | 18,680 |  | 22,363 |  |

| Net(gains)/losses on foreign currency transactions | 84,872 |  | 265,173 |  |

8. | INTEREST PAYABLE AND SIMILAR EXPENSES |

| 30/9/25 |  | 30/9/24

£ | £ |

| Loan | 9,495 |  | 10,774 |  |

9. | TAXATION

| Analysis of the tax charge

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

| 30/9/25 |  | 30/9/24

£ | £ |

| Current tax:

| UK corporation tax | 1,044,007 |  | 669,798 |  |

| Deferred tax | (6,254 | ) | 446,841 |  |

| Tax on profit | 1,037,753 |  | 1,116,639 |  |

| 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:

| 30/9/25 |  | 30/9/24

£ | £ |

| Profit before tax | 4,111,277 |  | 4,062,223 |  |

| Profit multiplied by the standard rate of corporation tax in the UK of 25 % (2024 - 25 %) | 1,027,819 |  | 1,015,556 |  |

| Effects of:

| Expenses not deductible for tax purposes | 8,239 |  | 9,609 |  |

| Adjustments to tax charge in respect of previous periods | - |  | 91,474 |  |

| Losses in subsidiary | 1,695 |  | - |  |

| Total tax charge | 1,037,753 |  | 1,116,639 |  |

Jewers Doors Limited (Registered number: 01837182)

Notes to the Consolidated Financial Statements - continued

for the Year Ended 30 September 2025

10. | INDIVIDUAL STATEMENT OF COMPREHENSIVE INCOME

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

11. | DIVIDENDS

| 30/9/25 |  | 30/9/24

£ | £ |

| Ordinary A shares of £0.10 each

| Final | 297,500 |  | 262,500 |  |

| Ordinary B,C,&D shares of £0.10 each

| Final | 581,900 |  | 520,875 |  |

| Employee shares of £0.10 each

| Final | 62,209 |  | 50,814 |  |

941,609 |  | 834,189 |  |

12. | LONG TERM CONSTRUCTION CONTRACTS

| Contract revenue is recognised in proportion to physical proportion of contract work completed. The stage of completion is assessed by the directors based on their knowledge of the contract and the work completed to date.

| The amount due from customers for construction contracts, and included in debtors, was £4,699,132 (2024: £3,488,481).

| The amount received in advance in relation to construction contracts, and included in creditors, was £1,234,797(2024: £1,758,959).

| Accrued costs relating to construction contracts of £Nil (2024: £Nil) are included in accruals.

13. | INTANGIBLE FIXED ASSETS

| Group

| Goodwill

£ |

| COST

| Additions | (108,781 | ) |

| At 30 September 2025 | (108,781 | ) |

| NET BOOK VALUE

| At 30 September 2025 | (108,781 | ) |

Jewers Doors Limited (Registered number: 01837182)

Notes to the Consolidated Financial Statements - continued

for the Year Ended 30 September 2025

14. | TANGIBLE FIXED ASSETS

| Group

| Fixtures |

| Freehold |  | Plant and |  | and |  | Motor |

| property |  | machinery |  | fittings |  | vehicles |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 October 2024 | 7,635,557 |  | 2,530,094 |  | 779,737 |  | 870,768 |  | 11,816,156 |  |

| Additions | - |  | 96,882 |  | 37,503 |  | 244,507 |  | 378,892 |  |

| Disposals | - |  | (30,781 | ) | (16,915 | ) | (106,754 | ) | (154,450 | ) |

| At 30 September 2025 | 7,635,557 |  | 2,596,195 |  | 800,325 |  | 1,008,521 |  | 12,040,598 |  |

| DEPRECIATION

| At 1 October 2024 | 707,289 |  | 900,664 |  | 361,786 |  | 364,357 |  | 2,334,096 |  |

| Charge for year | 194,150 |  | 133,167 |  | 81,574 |  | 184,201 |  | 593,092 |  |

| Eliminated on disposal | - |  | (30,781 | ) | (16,915 | ) | (76,083 | ) | (123,779 | ) |

| At 30 September 2025 | 901,439 |  | 1,003,050 |  | 426,445 |  | 472,475 |  | 2,803,409 |  |

| NET BOOK VALUE

| At 30 September 2025 | 6,734,118 |  | 1,593,145 |  | 373,880 |  | 536,046 |  | 9,237,189 |  |

| At 30 September 2024 | 6,928,268 |  | 1,629,430 |  | 417,951 |  | 506,411 |  | 9,482,060 |  |

| Company

| Fixtures |

| Freehold |  | Plant and |  | and |  | Motor |

| property |  | machinery |  | fittings |  | vehicles |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 October 2024 | 7,635,557 |  | 2,530,094 |  | 779,737 |  | 870,768 |  | 11,816,156 |  |

| Additions | - |  | 96,882 |  | 37,503 |  | 244,507 |  | 378,892 |  |

| Disposals | - |  | (30,781 | ) | (16,915 | ) | (106,754 | ) | (154,450 | ) |

| At 30 September 2025 | 7,635,557 |  | 2,596,195 |  | 800,325 |  | 1,008,521 |  | 12,040,598 |  |

| DEPRECIATION

| At 1 October 2024 | 707,289 |  | 900,664 |  | 361,786 |  | 364,357 |  | 2,334,096 |  |

| Charge for year | 194,150 |  | 133,167 |  | 81,574 |  | 184,201 |  | 593,092 |  |

| Eliminated on disposal | - |  | (30,781 | ) | (16,915 | ) | (76,083 | ) | (123,779 | ) |

| At 30 September 2025 | 901,439 |  | 1,003,050 |  | 426,445 |  | 472,475 |  | 2,803,409 |  |

| NET BOOK VALUE

| At 30 September 2025 | 6,734,118 |  | 1,593,145 |  | 373,880 |  | 536,046 |  | 9,237,189 |  |

| At 30 September 2024 | 6,928,268 |  | 1,629,430 |  | 417,951 |  | 506,411 |  | 9,482,060 |  |

Jewers Doors Limited (Registered number: 01837182)

Notes to the Consolidated Financial Statements - continued

for the Year Ended 30 September 2025

15. | FIXED ASSET INVESTMENTS

| Group

| Unlisted

| investments

£ |

| COST

| At 1 October 2024

| and 30 September 2025 | 101 |  |

| NET BOOK VALUE

| At 30 September 2025 | 101 |  |

| At 30 September 2024 | 101 |  |

| Company

| Unlisted

| investments

£ |

| COST

| At 1 October 2024

| and 30 September 2025 | 101 |  |

| NET BOOK VALUE

| At 30 September 2025 | 101 |  |

| At 30 September 2024 | 101 |  |

| The group or the company's investments at the Balance Sheet date in the share capital of companies include the following:

| Subsidiaries

| Esavian Limited

| Registered office:

| Nature of business: Dormant Company

| %

| Class of shares: | holding |

| Ordinary | 100.00 |

| 30/9/25 |  | 30/9/24

£ | £ |

| Aggregate capital and reserves | 2 |  | 2 |  |

| Phoenix Industrial Doors Limited

| Registered office:

| Nature of business: Dormant Company

| %

| Class of shares: | holding |

| Ordinary | 100.00 |

| 30/9/25 |  | 30/9/24

£ | £ |

| Aggregate capital and reserves | 100 |  | 100 |  |

Jewers Doors Limited (Registered number: 01837182)

Notes to the Consolidated Financial Statements - continued

for the Year Ended 30 September 2025

15. | FIXED ASSET INVESTMENTS - continued

| Jewers Doors Turkey Muhendislik Ltd

| Registered office: Istanbul Turkey

| Nature of business: Fabrication of aircraft hangar doors.

| %

| Class of shares: | holding |

| Ordinary | 100.00 |

| 30/9/25 |

£ |  |

| Aggregate capital and reserves | 80,265 |  |

| Loss for the year | (5,924 | ) |

16. | STOCKS

| Group |  | Company |

| 30/9/25 |  | 30/9/24 |  | 30/9/25 |  | 30/9/24 |

£ | £ | £ | £ |

| Stocks | 510,095 |  | 560,565 |  | 510,095 |  | 560,565 |  |

| Work-in-progress | 1,309,404 |  | 1,268,081 |  | 1,247,268 |  | 1,268,081 |  |

1,819,499 |  | 1,828,646 |  | 1,757,363 |  | 1,828,646 |  |

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

| Group |  | Company |

| 30/9/25 |  | 30/9/24 |  | 30/9/25 |  | 30/9/24 |

£ | £ | £ | £ |

| Trade debtors | 4,699,132 |  | 3,508,382 |  | 4,699,132 |  | 3,508,382 |  |

| Amounts owed by group undertakings | - |  | - |  | 632,829 |  | - |  |

| Sundry Debtors and Prepayments | 2,028,986 |  | 1,583,533 |  | 1,343,494 |  | 1,583,533 |  |

| Directors' current accounts | - |  | 10,360 |  | - |  | 10,360 |  |

| Tax | - |  | 289,668 |  | - |  | 289,668 |  |

| VAT | 328,810 |  | 375,518 |  | 313,460 |  | 375,518 |  |

7,056,928 |  | 5,767,461 |  | 6,988,915 |  | 5,767,461 |  |

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

| Group |  | Company |

| 30/9/25 |  | 30/9/24 |  | 30/9/25 |  | 30/9/24 |

£ | £ | £ | £ |

| Trade creditors | 1,164,131 |  | 892,202 |  | 1,153,112 |  | 892,202 |  |

| Payments on account | 1,234,797 |  | 1,758,959 |  | 1,234,797 |  | 1,758,959 |  |

| Tax | 337,157 |  | 286,012 |  | 314,445 |  | 286,012 |  |

| Social security and other taxes | 144,428 |  | 125,704 |  | 144,428 |  | 125,704 |  |

| Sundry Creditors and Accruals | 1,283,236 |  | 1,207,858 |  | 1,283,236 |  | 1,207,858 |  |

| Directors' current accounts | 123,717 |  | 69,686 |  | 123,717 |  | 69,686 |  |

4,287,466 |  | 4,340,421 |  | 4,253,735 |  | 4,340,421 |  |

Jewers Doors Limited (Registered number: 01837182)

Notes to the Consolidated Financial Statements - continued

for the Year Ended 30 September 2025

19. | FINANCIAL INSTRUMENTS

| The company enters into foreign currency contracts to mitigate the exchange rate risk for certain foreign currency debtors.

| At 30th September 2025 the company was committed to sell 1,0000,000 Euro and fixed sterling amount on maturity date.

| The forward currency contracts are measured at fair value.

| Financial assets/liabilities measured at fair value through profit or loss:

| Forward foreign currency contracts: £4,205 gain (2024: £47,197 gain).

20. | PROVISIONS FOR LIABILITIES

| Group |  | Company |

| 30/9/25 |  | 30/9/24 |  | 30/9/25 |  | 30/9/24 |

£ | £ | £ | £ |

| Deferred tax | 927,561 |  | 933,815 |  | 927,561 |  | 933,815 |  |

| Group

| Deferred |

| tax |

£ |

| Balance at 1 October 2024 | 933,815 |  |

| Provided during year | (6,254 | ) |

| Balance at 30 September 2025 | 927,561 |  |

| Company

| Deferred |

| tax |

£ |

| Balance at 1 October 2024 | 933,815 |  |

| Provided during year | (6,254 | ) |

| Balance at 30 September 2025 | 927,561 |  |

21. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 30/9/25 |  | 30/9/24

| value: | £ | £ |

| 350,000 | Ordinary A | £0.10 | 35,000 |  | 35,000 |  |

| 750,000 | Ordinary B,C,&D | £0.10 | 75,000 |  | 75,000 |  |

| 87,157 | Employee | £0.10 | 8,716 |  | 8,716 |  |

118,716 |  | 118,716 |  |

Jewers Doors Limited (Registered number: 01837182)

Notes to the Consolidated Financial Statements - continued

for the Year Ended 30 September 2025

21. | CALLED UP SHARE CAPITAL - continued

| Called-up share capital represents the nominal value of shares that have been issued. All shares in issue have dividend and voting rights.

| The share premium reserve contains the premium arising on issue of equity shares, net of issue expenses.

22. | RESERVES

| Group

| Capital |

| Retained |  | Share |  | redemption |

| earnings |  | premium |  | reserve |  | Totals

£ | £ | £ | £ |

| At 1 October 2024 | 19,916,403 |  | 73,140 |  | 140,000 |  | 20,129,543 |  |

| Profit for the year | 3,073,524 |  | 3,073,524 |  |

| Dividends | (941,609 | ) | (941,609 | ) |

| At 30 September 2025 | 22,048,318 |  | 73,140 |  | 140,000 |  | 22,261,458 |  |

| Company

| Capital |

| Retained |  | Share |  | redemption |

| earnings |  | premium |  | reserve |  | Totals

£ | £ | £ | £ |

| At 1 October 2024 | 19,916,403 |  | 73,140 |  | 140,000 |  | 20,129,543 |  |

| Profit for the year | 3,080,303 |  | 3,080,303 |  |

| Dividends | (941,609 | ) | (941,609 | ) |

| At 30 September 2025 | 22,055,097 |  | 73,140 |  | 140,000 |  | 22,268,237 |  |

23. | PENSION COMMITMENTS

| The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The charge against profits is the amount of contributions payable by the company during the year of £182,769 (2024 : £161,319).

24. | CONTINGENT LIABILITIES

| As at 30 September 2025 a contingent liability relating to performance bonds in favour of customers amounted to £258,162 (2024 £124,539).

25. | RELATED PARTY DISCLOSURES

Jewers Doors Limited (Registered number: 01837182)

Notes to the Consolidated Financial Statements - continued

for the Year Ended 30 September 2025

25. | RELATED PARTY DISCLOSURES - continued

| Key management personnel of the entity or its parent (in the aggregate)

| 30/9/25 |  | 30/9/24

£ | £ |

| Interest | 9,495 |  | 10,774 |  |

| Dividends | 609,313 |  | 545,483 |  |

| Salaries,Bonuses and Benefits | 568,994 |  | 605,678 |  |

| Pension contributions | 90,181 |  | - |  |

| Amount due from related party | - |  | 10,360 |  |

| Amount due to related party | 123,717 |  | 69,686 |  |

| The company's key management personnel are considered to be the directors.