REGISTERED NUMBER: 00570282 (England and Wales)

E MANTON LIMITED

STRATEGIC REPORT, REPORT OF THE DIRECTORS AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

Page

Company Information

1

Strategic Report

2

Report of the Directors

4

Report of the Independent Auditors

6

Income Statement

10

Other Comprehensive Income

11

Balance Sheet

12

Statement of Changes in Equity

13

Cash Flow Statement

14

Notes to the Cash Flow Statement

15

Notes to the Financial Statements

16

DIRECTORS:

I M Clorley

P J Buss

P J Steele

SECRETARY:

I M Clorley

REGISTERED OFFICE:

2440 Regents Court

The Crescent

Birminghan Business Park

Birmingham

B37 7YE

REGISTERED NUMBER:

00570282 (England and Wales)

AUDITORS:

Sephton & Company LLP

Chartered Certified Accountants

Statutory Auditors

Marston House

5 Elmdon Lane

Marston Green

Solihull

West Midlands

B37 7DL

BANKERS:

Santander

1 Cornwall Street

Birmingham

B3 2DT

SOLICITORS:

Irwin Mitchell Solicitors

Imperial House

31 Temple Street

Birmingham

B2 5DB

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

REVIEW OF BUSINESS

The Directors all agree that the business has once again performed well this year.

Turnover has increased by 16.2% on the previous period, the gross margin on the projects delivered has decreased slightly to 10.9% (2024 11.2%)

Overall, there has been an operating profit of £243,116 (2024 £442,017) and a pre-tax profit of £374,954 (2024 £598,237). After taxation £281,215 (2024 £444,189) has been added to reserves.

The reduction in operating profit is due to two key factors. Firstly, for the first time in over 30 years, E Manton Ltd has had to make a provision for a doubtful debt. A client we had completed a project for entered administration after we had achieved practical completion. The balance of our final account, and retention was still outstanding at the time of the administration. Work is still on-going to try and recover some, if not all the outstanding debt.

Secondly, this year we have invested heavily in the business to facilitate the Director strategy for steady, planned growth in the coming years. At the end of 2024 and early 2025, we recruited two new senior members of staff to enhance our framework offering, and design and build capabilities. The introduction of a Framework and Strategy Manager has allowed us to achieve places on several key framework during the year, and we anticipate further success in this area during 2026.

The appointment of a dedicated Design Manager has enhanced the scale and scope of projects we can now deliver on a design and build basis. This has allowed us to enter working partnerships with new clients on long term projects, and a pipeline of new work is currently in discussion.

The year has also seen us investing in the future of the business, and the next generation of construction professionals. Throughout 2025 we have recruited a Trainee Site Manager, a Trainee Estimator, and an Administration Apprentice. All these team members will be fully supported through college and university, meaning we can be confident that the business is in good hands for years to come.

A large investment in new technology has been made during 2025. The business has introduced a new production management software system which allows collaboration and file sharing seamlessly across both internal and external project delivery teams. Health and safety documentation is easier to access, store and issue, and build quality is supported by integrated drawing management and image capture, to ensure the Building Safety Act's 'golden thread' is at the forefront of our production information.

As a result of the businesses continued success, we were delighted to again pay Employee bonuses. Since the formation of the Employee Owned Trust, bonuses totalling £596,200 have been paid.

PRINCIPAL RISKS AND UNCERTAINTIES

The directors acknowledge that as well as rewards there are principal risks and uncertainties inherent in the construction sector which must be closely monitored and controlled.

The level of activity on the construction sector is affected by many factors including general economic conditions, government expenditure, inflation, interest rates, weather conditions, political events, and consumer confidence. The board has put in place systems and procedures which monitor the market conditions.

The company works with a range of construction partners with strong records of delivery and closely examines its pool of subcontractors and suppliers for quality of work, adherence to deadlines, sufficiency of resources and solvency. This, combined with excellent staff, well developed supply chains and established client base, allows the business to consistently deliver the growth enjoyed over many years and enjoy multiple repeat clients.

Contract risk, which is dependent on the nature of the work and the duration and legal form of the contract, is managed through board involvement in the tender and client selection, and rigorous and regular review of contracts in progress regarding forecast revenues and costs to complete. The company management information system provides timely and accurate information to the directors, allowing informed decisions to be taken.

ON BEHALF OF THE BOARD:

I M Clorley - Secretary

22 June 2026

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

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of building contractors

DIVIDENDS

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

FUTURE DEVELOPMENTS

The directors anticipate the business environment will remain competitive. They believe that the company is in a good financial position and that the risks that have been identified are being well managed. The directors are confident in the company's ability to maintain this position.

DIRECTORS

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

I M Clorley

P J Buss

P J Steele

FINANCIAL INSTRUMENTS

Given the nature and location of its operations, the company is not significantly exposed to price risk or foreign exchange risk, nor are liquidity or interest rate risks of concern while the company has no external funding requirement. Surplus funds are invested in short term bank deposits and so there is credit risk relating to cash and deposits with financial institutions. Regarding credit risk, it is standard company policy to perform appropriate credit checks on all potential customers before contracts are entered into.

POLITICAL DONATIONS AND EXPENDITURE

No political donations were made during the year.

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, Sephton & Company LLP, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

I M Clorley - Secretary

22 June 2026

Opinion

We have audited the financial statements of E Manton 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, Cash Flow Statement and Notes to the 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 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 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 company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

As part of designing our audit, we determined materiality and assessed the risks of material misstatement in the financial statements, including how fraud may occur by enquiring of management of its own consideration of fraud. In particular, we looked at where management made subjective judgements, for example in respect of significant accounting estimates that involved making assumptions and considering future events that are inherently uncertain.

We also considered potential financial or other pressures, opportunities, and motivations for fraud. As part of this discussion, we identified internal controls established to mitigate risks related to fraud or non-compliance with laws and regulations and how management monitor these processes. Appropriate procedures included the review and testing of manual journals and key estimates and judgements made by management.

The engagement partner assessed whether the engagement team collectively had the appropriate competence and capabilities to identify or recognise non-compliance with laws and regulations. The assessment did not identify any issues in this area.

We also gained an understanding of the legal and regulatory framework applicable to the entity and the industry in which it operates, drawing on our broad sector experience and considered the risk of acts by the entity that were contrary to these laws and regulations, including fraud.

We focused on laws and regulations where the consequences of non-compliance could have a material effect on amounts or disclosures in the financial statements, for instance through the imposition of fines or litigation. We identified the following areas as those most likely to have such an effect: the Health & Safety Act 1974, Building Safety Act 2022, Construction (Design and Management) Regulations 2015 and the Personal Protective Equipment at Work Regulations 1992. We also noted, and investigated, the Company compliance with ISO 9001 and ISO 14001 which, while not a legal requirement for an operating business, is central to E Manton Limited's operations and impacts consumer confidence in their deliverables.

We made enquiries of management with regards to compliance with the above laws and regulations and corroborated any necessary evidence to relevant information, for example we have reviewed the entity's latest CHAS membership showing their membership number and the date of award. The membership is for Standard CHAS which provides comprehensive health and safety assessment and self-certified insurance module. CHAS is a widely recognized accreditation in the UK. We also vouched approval of the entity's Safe Contractor status which was achieved on the back of their Contractors Health & Safety Assessment Scheme. To gain further comfort, we inspected the entity's membership with the British Safety Council, Constructing Excellence Midlands and Construction Online. We also obtained site visit reports and interrogated each one to see where sites were being flagged as being either minor or major non-compliant. On the site visit reports we were also able to gain comfort over the consistent use of PPE when on site. Finally, we inspected both ISO 9001 and ISO 14001 certificates to ensure they were in date during the financial year and had been upheld since the year end. We noted no issues throughout.

Our audit procedures included agreeing the financial statements disclosures to underlying supporting documentation and enquiries with management.

The engagement team also completed the following procedures:

- Understood how management considered and addressed the potential for override of controls or other inappropriate influence over the financial reporting process;

- Performed analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud;

- In addressing the risk of fraud through management override of controls, we tested journal entries and other adjustments for inappropriate or unusual journals outside of our expectations, as well as for any significant transactions outside the normal course of business, taking into consideration the scope for management to manipulate financial results;

- Assessed the appropriateness of key estimates and judgements made by management and challenged the assumptions used in accounting estimates. We considered the key estimates to be long term contract valuations, subcontract reserves, depreciation rates, bad debt provisions, provisions for defect corrections, deferred tax and going concern.

As a result of the above procedures, we considered the opportunities and incentives that may exist within the organization for fraud and identified the greatest potential for fraud in the following areas:

- Management override of controls due to the potentially unusual pressure to meet targets, in particular in the posting of unusual journals, complex transactions and the manipulation of amounts subject to significant judgement of estimate;

- Recognising revenue for transactions that do not meet the criteria for revenue recognition; and

- Completeness of related party transactions.

Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. For example, the further removed the non-compliance is from the events and transactions reflected in the financial statements, the less likely the inherently limited procedures required by auditing standards would identify it.

In addition, as with any audit, there remained a higher detection risk of fraud as these may involve deliberate concealment by, for example, forgery, misrepresentations or through collusion. Our audit procedures are designed to detect material misstatement. We are not responsible for preventing non-compliance or fraud and cannot be expected to detect non-compliance with all laws and regulations.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

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.

Steven Connell (Senior Statutory Auditor)

for and on behalf of Sephton & Company LLP

Chartered Certified Accountants

Statutory Auditors

Marston House

5 Elmdon Lane

Marston Green

Solihull

West Midlands

B37 7DL

22 June 2026

TURNOVER

22,797,576

19,606,927

Cost of sales

20,295,867

17,409,942

GROSS PROFIT

2,501,709

2,196,985

Administrative expenses

2,268,029

1,756,288

233,680

440,697

Other operating income

9,436

1,320

OPERATING PROFIT

4

243,116

442,017

Interest receivable and similar income

5

131,838

156,220

PROFIT BEFORE TAXATION

374,954

598,237

Tax on profit

6

93,739

154,048

PROFIT FOR THE FINANCIAL YEAR

281,215

444,189

PROFIT FOR THE YEAR

281,215

444,189

OTHER COMPREHENSIVE INCOME

Depreciation of Freehold property

(22,100

)

(22,100

)

Change in rate of tax

-

(8,243

)

Income tax relating to components of other comprehensive income

5,525

5,525

OTHER COMPREHENSIVE INCOME FOR THE YEAR, NET OF INCOME TAX

(16,575

)

(24,818

)

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

264,640

Prior year adjustment

110,500

TOTAL COMPREHENSIVE INCOME SINCE LAST ANNUAL REPORT

529,871

FIXED ASSETS

Tangible assets

7

1,468,505

1,482,584

CURRENT ASSETS

Debtors

8

3,028,330

2,567,385

Cash at bank and in hand

4,910,562

4,753,474

7,938,892

7,320,859

CREDITORS

Amounts falling due within one year

9

5,200,952

4,854,748

NET CURRENT ASSETS

2,737,940

2,466,111

TOTAL ASSETS LESS CURRENT LIABILITIES

4,206,445

3,948,695

PROVISIONS FOR LIABILITIES

10

190,517

197,407

NET ASSETS

4,015,928

3,751,288

CAPITAL AND RESERVES

Called up share capital

11

94,500

94,500

Revaluation reserve

12

444,697

461,272

Capital redemption reserve

12

175,500

175,500

Retained earnings

12

3,301,231

3,020,016

SHAREHOLDERS' FUNDS

4,015,928

3,751,288

The financial statements were approved by the Board of Directors and authorised for issue on 22 June 2026 and were signed on its behalf by:

I M Clorley - Director

Called up

Capital

share

Retained

Revaluation

redemption

Total

capital

earnings

reserve

reserve

equity

£

£

£

£

£

Balance at 1 January 2024

94,500

2,465,327

486,090

175,500

3,221,417

Prior year adjustment

-

110,500

-

-

110,500

As restated

94,500

2,575,827

486,090

175,500

3,331,917

Changes in equity

Total comprehensive income

-

444,189

(24,818

)

-

419,371

Balance at 31 December 2024

94,500

3,020,016

461,272

175,500

3,751,288

Changes in equity

Total comprehensive income

-

281,215

(16,575

)

-

264,640

Balance at 31 December 2025

94,500

3,301,231

444,697

175,500

4,015,928

Cash flows from operating activities

Cash generated from operations

1

276,457

219,035

Grants received

9,436

1,321

Tax paid

(158,799

)

(24,361

)

Net cash from operating activities

127,094

195,995

Cash flows from investing activities

Purchase of tangible fixed assets

(156,116

)

(65,167

)

Sale of tangible fixed assets

54,272

10,501

Interest received

131,838

156,220

Net cash from investing activities

29,994

101,554

Increase in cash and cash equivalents

157,088

297,549

Cash and cash equivalents at beginning of year

2

4,753,474

4,455,925

Cash and cash equivalents at end of year

2

4,910,562

4,753,474

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

31/12/25

31/12/24

£

£

Profit before taxation

374,954

598,237

Depreciation charges

133,269

116,572

Profit on disposal of fixed assets

(39,445

)

(10,501

)

Grants received

(9,436

)

(1,320

)

Finance income

(131,838

)

(156,220

)

327,504

546,768

(Increase)/decrease in trade and other debtors

(460,960

)

269,658

Increase/(decrease) in trade and other creditors

409,913

(597,391

)

Cash generated from operations

276,457

219,035

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 31 December 2025

31/12/25

1/1/25

£

£

Cash and cash equivalents

4,910,562

4,753,474

Year ended 31 December 2024

31/12/24

1/1/24

£

£

Cash and cash equivalents

4,753,474

4,455,925

3.	ANALYSIS OF CHANGES IN NET FUNDS

At 1/1/25

Cash flow

At 31/12/25

£

£

£

Net cash

Cash at bank and in hand

4,753,474

157,088

4,910,562

4,753,474

157,088

4,910,562

Total

4,753,474

157,088

4,910,562

1.	STATUTORY INFORMATION

E Manton Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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

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

Turnover on long-term contracts is recognised according to the stage reached in the contract by reference to the value of the work done. A prudent estimate of the profit attributable to work completed is recognised once the outcome of the contract can be assessed with reasonable certainty. The amount by which turnover exceeds payments on account is shown under debtors as "amounts recoverable on contracts". Payments on account in excess of turnover are classified as "payments on account" and separately disclosed within creditors.

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

-

2% on cost

Plant and machinery

-

25% on cost

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on cost

Grants

Grants relating to revenue are recognised in income on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate. Grants relating to assets are recognised in income on a systematic basis over the expected useful life of the assets.

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.

Hire purchase and leasing commitments

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

Pension costs and other post-retirement benefits

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

3.	EMPLOYEES AND DIRECTORS

31/12/25

31/12/24

£

£

Wages and salaries

3,015,100

2,973,391

Social security costs

408,826

330,709

Other pension costs

109,493

100,659

3,533,419

3,404,759

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

31/12/25

31/12/24

Administration and office

16

15

Construction

38

38

54

53

31/12/25

31/12/24

£

£

Directors' remuneration

315,471

327,699

Directors' pension contributions to money purchase schemes

60,505

10,845

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

Money purchase schemes

3

3

Information regarding the highest paid director is as follows:

31/12/25

31/12/24

£

£

Emoluments etc

106,218

110,476

Pension contributions to money purchase schemes

21,442

3,642

4.	OPERATING PROFIT

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

31/12/25

31/12/24

£

£

Other operating leases

12,600

8,190

Depreciation - owned assets

155,368

138,672

Profit on disposal of fixed assets

(39,445

)

(10,501

)

Auditors' remuneration

9,000

9,000

Taxation compliance services

1,000

1,000

EOT bonus payment to employees

163,600

158,900

5.

INTEREST RECEIVABLE AND SIMILAR INCOME

31/12/25

31/12/24

£

£

Bank interest received

131,838

156,220

6.

TAXATION

Analysis of the tax charge

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

31/12/25

31/12/24

£

£

Current tax:

UK corporation tax

95,104

158,813

Deferred tax

(1,365

)

(4,765

)

Tax on profit

93,739

154,048