REGISTERED NUMBER: 09903639 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

145 ENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M J Wareing

Miss I Wareing

Miss F Wareing

Miss L Wareing

Mrs C Higgs

Mr H Wareing

REGISTERED OFFICE:

Rex Buildings

Alderley Road

Wilmslow

Cheshire

SK9 1HY

REGISTERED NUMBER:

09903639 (England and Wales)

FIXED ASSETS

Tangible assets

4

19,054

22,907

Investments

5

820,741

1,106,703

839,795

1,129,610

CURRENT ASSETS

Debtors

6

387,505

58,373

Cash at bank

525,214

366,267

912,719

424,640

CREDITORS

Amounts falling due within one year

7

73,161

106,815

NET CURRENT ASSETS

839,558

317,825

TOTAL ASSETS LESS CURRENT LIABILITIES

1,679,353

1,447,435

PROVISIONS FOR LIABILITIES

13,798

22,648

NET ASSETS

1,665,555

1,424,787

CAPITAL AND RESERVES

Called up share capital

111

111

Non distributable reserves

86,310

95,344

Retained earnings

1,579,134

1,329,332

SHAREHOLDERS' FUNDS

1,665,555

1,424,787

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 July 2026 and were signed on its behalf by:

Mr M J Wareing - Director

1.	STATUTORY INFORMATION

145 ENT 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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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

The turnover shown in the profit and loss account represents the amount earned during the year and is recognised when the company obtains the right to consideration.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

All fixed assets are initially recorded at cost.

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.

INVESTMENTS

Investments in shares are included at fair value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 January 2025

and 31 December 2025

41,148

DEPRECIATION

At 1 January 2025

18,241

Charge for year

3,853

At 31 December 2025

22,094

NET BOOK VALUE

At 31 December 2025

19,054

At 31 December 2024

22,907

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 January 2025

1,106,703

Additions

254,999

Disposals

(643,784

)

Revaluations

102,823

At 31 December 2025

820,741

NET BOOK VALUE

At 31 December 2025

820,741

At 31 December 2024

1,106,703

Cost or valuation at 31 December 2025 is represented by:

Other

investments

£

Valuation in 2025

820,741

If Fixed asset investments had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

784,602

1,039,018

Fixed asset investments were valued on an open market basis on 31 December 2025 by Hargreaves Lansdown .

The figure includes the company's investment in Psivac Ltd, with no additions or disposals during the year.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

31,367

49,875

Directors' current accounts

349,268

1,158

Prepayments and accrued income

6,870

7,340

387,505

58,373

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Corporation tax payable

60,111

88,444

PAYE and national insurance

1,374

4,200

Accrued expenses

11,676

14,171

73,161

106,815

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, the company made loans to the director which was repaid within 9 months of the accounting year end. Interest has been charged at the HMRC approved rates.