REGISTERED NUMBER: 00556959 (England and Wales)

STRATEGIC REPORT, REPORT OF THE DIRECTORS AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

STOCKSIGNS LIMITED

Page

Company Information

1

Strategic Report

2

Report of the Directors

3

Report of the Independent Auditors

4

Income Statement

6

Other Comprehensive Income

7

Balance Sheet

8

Statement of Changes in Equity

9

Notes to the Financial Statements

10

DIRECTORS:

G S Pitt

D J Adamson

S E Ward

REGISTERED OFFICE:

43-47 Ormside Way

Holmthorpe Industrial Estate

Redhill

Surrey

RH1 2LG

REGISTERED NUMBER:

00556959 (England and Wales)

AUDITORS:

Collards, Chartered Accountants

Registered Auditors

5-9 Eden Street

Kingston-upon-Thames

Surrey

KT1 1BQ

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

REVIEW OF BUSINESS

The principle activity of the company during the year was that of manufacturer and seller of signs.

Stocksigns was formed on 7th November 1955 and has now been making signs for over 67 years. The Company has a number of different product ranges:

1. A range of over 30,000 health and safety signs available for next day delivery;

2. A range of print on demand temporary signage for the construction industry;

3. Bespoke custom made signs which are printed to the customer's requirements.

Stocksigns continues to refocus its business on its core competencies of health and safety signage. We continue to focus on exceptional personal service and quality which has resulted in a high level of repeat business, a high customer satisfaction and a 5 Star Trust Pilot Score.

Stocksigns resolute focus on quality is supported in part by the accredited ISO: 9001 Quality Management system. The management team are incredibly proud of the service they deliver and this has been widely acknowledged by key customers. The Quality Management ISO is complimented by the ISO:14001 Environmental Management Systems and the ISO:45001 Health and Safety Standard.

Stocksigns continues to embrace a proactive ESG positioning, one which is reaping benefits in terms of attracting new customers, but also retaining staff and driving productivity. Stocksigns have already achieved carbon neutrality and are striving for net zero by 2030.

PRINCIPAL RISKS AND UNCERTAINTIES

The Board is responsible for carrying out an assessment of the principle risks affecting Stocksigns Limited in order to preserve the value, assets and reputation of the company. The key risks are set out below:

1. Economic Risk

The company is exposed to the UK economy, including uncertainties over Ukraine/ Russia conflict and inflationary pressures. These factors have had an impact on the company's performance as well as customers and suppliers.

2. Customer Risk

Competitive pressures are making customers look at lowest cost suppliers making the market highly competitive. The Company continues to progress in this highly competitive marketplace with a focus on quality and customer service.

Providing credit to customers can lead to the risk of non-payment. The company has a rigorous checking process to minimise this risk. The company has a large number of customers and is not over-reliant on one, which also helps reduce the risk of significant bad debts.

3. Financial Risk

The Company finances are supported by its holding company, British and Foreign Wharf Company Limited, who have guaranteed the overdraft facility and have confirmed their support for the foreseeable future.

4. Property Risk

The market value of the property can vary as a result of changes to economic conditions.

ON BEHALF OF THE BOARD:

D J Adamson - Director

28 April 2026

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

DIVIDENDS

No dividends will be distributed for the year ended 31 December 2025.

DIRECTORS

The following directors who served during the year were:

G S Pitt

J B Leathers (resigned 21 May 2025)

D J Adamson

S E Ward (appointed 21 May 2025)

FINANCIAL INSTRUMENTS

The entity's financial instruments and risk management policies and objectives are set out in the Group accounts of the Holding Company.

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

AUDITORS

The auditors, Collards, Chartered Accountants, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

D J Adamson - Director

28 April 2026

Opinion

We have audited the financial statements of Stocksigns Limited (the 'company') for the year ended 31 December 2025 which comprise the Income Statement, Other 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.

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 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 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.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

We gained an understanding of the legal and regulatory framework applicable to the company and the industry in which it operates and, considered the risk of acts by Management which were contrary to applicable laws and regulations, including fraud. We made enquiries of the Directors to obtain further understanding of risks of non-compliance.

We focused on laws and regulations that could give rise to a material misstatement in the financial statements. Our tests included, but were not limited to:

- agreement of the financial statement disclosures to underlying supporting documentation;

- enquiries of management regarding known or suspected instances of non-compliance with laws and regulations;

- review of minutes of the Board meetings throughout the year; and

- obtaining an understanding of the control environment in place to prevent and detect irregularities.

Our audit procedures were designed to respond to risks of material misstatement in the financial statements, recognising that the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery, misrepresentations or through collusion. There are inherent limitations in the audit procedures performed and the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we are to become aware of it.

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.

Christopher Julian Brigstocke FCA (Senior Statutory Auditor)

for and on behalf of Collards, Chartered Accountants

Registered Auditors

5-9 Eden Street

Kingston-upon-Thames

Surrey

KT1 1BQ

28 April 2026

TURNOVER

1,616,646

1,919,749

Cost of sales

992,320

1,059,384

GROSS PROFIT

624,326

860,365

Distribution costs

288,193

393,896

Administrative expenses

505,580

526,830

793,773

920,726

(169,447

)

(60,361

)

Other operating income

211,453

207,649

OPERATING PROFIT

4

42,006

147,288

Interest receivable and similar income

5

1,709

1,723

43,715

149,011

Interest payable and similar expenses

6

15,645

16,938

PROFIT BEFORE TAXATION

28,070

132,073

Tax on profit

7

13,412

46,275

PROFIT FOR THE FINANCIAL YEAR

14,658

85,798

PROFIT FOR THE YEAR

14,658

85,798

OTHER COMPREHENSIVE INCOME

Revaluation of property

-

1,572,674

Income tax relating to other comprehensive income

-

(393,168

)

OTHER COMPREHENSIVE INCOME FOR THE YEAR, NET OF INCOME TAX

-

1,179,506

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

14,658

1,265,304

FIXED ASSETS

Intangible assets

8

10,231

-

Tangible assets

9

5,226,786

5,310,538

Investments

10

463,903

463,903

5,700,920

5,774,441

CURRENT ASSETS

Stocks

11

460,503

417,250

Debtors

12

1,422,875

1,546,414

Cash at bank

92,556

89,942

1,975,934

2,053,606

CREDITORS

Amounts falling due within one year

13

2,545,472

2,623,061

NET CURRENT LIABILITIES

(569,538

)

(569,455

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,131,382

5,204,986

CREDITORS

Amounts falling due after more than one year

14

(139,845

)

(215,518

)

PROVISIONS FOR LIABILITIES

16

(552,794

)

(565,383

)

NET ASSETS

4,438,743

4,424,085

CAPITAL AND RESERVES

Called up share capital

17

92,722

92,722

Revaluation reserve

18

876,851

876,851

Capital redemption reserve

18

17,278

17,278

Other reserves

18

1,398,356

1,398,356

Retained earnings

18

2,053,536

2,038,878

SHAREHOLDERS' FUNDS

4,438,743

4,424,085

The financial statements were approved by the Board of Directors and authorised for issue on 28 April 2026 and were signed on its behalf by:

D J Adamson - Director

G S Pitt - Director

Called up

share

Retained

Revaluation

capital

earnings

reserve

£

£

£

Balance at 1 January 2024

92,722

1,953,080

876,851

Changes in equity

Profit for the year

-

85,798

-

Other comprehensive income

-

-

-

Total comprehensive income

-

85,798

-

Balance at 31 December 2024

92,722

2,038,878

876,851

Changes in equity

Profit for the year

-

14,658

-

Total comprehensive income

-

14,658

-

Balance at 31 December 2025

92,722

2,053,536

876,851

Capital

redemption

Other

Total

reserve

reserves

equity

£

£

£

Balance at 1 January 2024

17,278

218,850

3,158,781

Changes in equity

Profit for the year

-

-

85,798

Other comprehensive income

-

1,179,506

1,179,506

Total comprehensive income

-

1,179,506

1,265,304

Balance at 31 December 2024

17,278

1,398,356

4,424,085

Changes in equity

Profit for the year

-

-

14,658

Total comprehensive income

-

-

14,658

Balance at 31 December 2025

17,278

1,398,356

4,438,743

1.	STATUTORY INFORMATION

Stocksigns 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.	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.

Financial Reporting Standard 102 - reduced disclosure exemptions

The company has taken advantage of the following disclosure exemption 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.

Preparation of consolidated financial statements

The financial statements contain information about Stocksigns Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt from the requirements to prepare consolidated financial statements as it and its subsidiary undertaking are included by full consolidation in the consolidated financial statements of its parent, British and Foreign Wharf Company Limited.

Related party exemption

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

Turnover

Turnover comprises the invoiced value of goods supplied to customers net of Value Added Tax, adjusted for work in progress and uninvoiced sales which are recognised to the extent that they are due at the balance sheet date.

The turnover and pre-tax profit are wholly attributable to the company's main activity. A geographical analysis of turnover is not disclosed in these accounts.

Intangible fixed assets

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured

Development expenditure incurred is capitalised as an intangible asset only when all of the following criteria are met:

- It is technically feasible to complete the intangible asset so that it will be available for use or sale;

- There is the intention to complete the intangible asset and use or sell it;

- There is the ability to use or sell the intangible asset;

- The use or sale of the intangible asset will generate probable future economic benefits;

- There are adequate technical, financial and other resources available to complete the development and to use or sell the intangible asset; and

- The expenditure attributable :o the intangible asset during its development can be measured reliably.

Expenditure that does not meet the above criteria is expensed as incurred.

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Development costs Over 1-5 years after entering commercial production

Tangible fixed assets

Depreciation has been computed to write off the costs of property,plant and equipment over their useful lives using the following rates:

Freehold buildings - over 50 years from 1 January 2001

Short leasehold property - over term of lease

Motor vehicles - 25% per annum

Plant and machinery - 12.5% and 15% per annum (factory)

- 20% to 50% per annum (computers)

Fixtures and fittings - 15% to 25% per annum

Office equipment -16.67% per annum

The Freehold properties have been included at Fair Value in accordance with Financial Reporting Standard 102.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

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

Taxation

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

Current or deferred taxation assets and liabilities are not discounted.

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

Deferred tax

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

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

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

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 written off to reserves.

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.

Government grants

Income from government and other grants, including the Corona Virus Job Retention Scheme Grant, whether 'capital' grants or 'revenue' grants is recognised when the Group has entitlement to those funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

3.	EMPLOYEES AND DIRECTORS

2025

2024

£

£

Wages and salaries

659,133

711,523

Social security costs

65,348

67,905

Other pension costs

42,991

47,395

767,472

826,823

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

2025

2024

Office and administration

3

4

Sales and marketing

9

10

Production

12

7

24

21

2025

2024

£

£

Directors' remuneration

79,520

78,745

Directors' pension contributions to money purchase schemes

6,643

6,160

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

Money purchase schemes

1

1

4.	OPERATING PROFIT

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

2025

2024

£

£

Depreciation - owned assets

146,779

140,607

Loss on disposal of fixed assets

-

3,099

Development costs amortisation

2,266

-

Auditors' remuneration

12,000

12,000

Foreign exchange differences

(441

)

(67

)

5.

INTEREST RECEIVABLE AND SIMILAR INCOME

2025

2024

£

£

Interest receivable

1,709

1,723

6.

INTEREST PAYABLE AND SIMILAR EXPENSES

2025

2024

£

£

Loan interest

15,645

16,938

7.

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

26,001

35,535

Prior year tax

-

(27,777

)

Total current tax

26,001

7,758

Deferred tax

(12,589

)

38,517

Tax on profit

13,412

46,275

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

28,070

132,073

Profit multiplied by the standard rate of corporation tax in the UK of 25% (2024 - 25%)

7,018

33,018

Effects of:

Expenses not deductible for tax purposes

992

-

Depreciation in excess of capital allowances

17,991

1,742

Adjustments to tax charge in respect of previous periods

-

(27,777

)

Deferred tax

(12,589

)

38,517

Profit on disposal of assets

-

775

Total tax charge

13,412

46,275

Tax effects relating to effects of other comprehensive income

There were no tax effects for the year ended 31 December 2025.

2024

Gross

Tax

Net

£

£

£

Revaluation of property

1,572,674

(393,168

)

1,179,506

8.	INTANGIBLE FIXED ASSETS

Development

costs

£

COST

Additions

12,497

At 31 December 2025

12,497

AMORTISATION

Amortisation for year

2,266

At 31 December 2025

2,266

NET BOOK VALUE

At 31 December 2025

10,231

9.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST OR VALUATION

At 1 January 2025

5,518,568

920,229

382,498

Additions

-

4,128

28,133

At 31 December 2025

5,518,568

924,357

410,631

DEPRECIATION

At 1 January 2025

652,317

554,440

308,104

Charge for year

39,684

72,534

24,285

At 31 December 2025

692,001

626,974

332,389

NET BOOK VALUE

At 31 December 2025

4,826,567

297,383

78,242

At 31 December 2024

4,866,251

365,789

74,394

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST OR VALUATION

At 1 January 2025

10,949

244,917

7,077,161

Additions

-

30,766

63,027

At 31 December 2025

10,949

275,683

7,140,188

DEPRECIATION

At 1 January 2025

10,949

240,813

1,766,623

Charge for year

-

10,276

146,779

At 31 December 2025

10,949

251,089

1,913,402

NET BOOK VALUE

At 31 December 2025

-

24,594

5,226,786

At 31 December 2024

-

4,104

5,310,538