REGISTERED NUMBER: 07139474 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 JANUARY 2026

FOR

EZY GLIDE LTD

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

5

181,579

188,825

CURRENT ASSETS

Stocks

6

10,000

10,000

Debtors

7

300,687

1,102,058

Cash at bank and in hand

589,538

453,863

900,225

1,565,921

CREDITORS

Amounts falling due within one year

8

310,429

228,969

NET CURRENT ASSETS

589,796

1,336,952

TOTAL ASSETS LESS CURRENT LIABILITIES

771,375

1,525,777

CREDITORS

Amounts falling due after more than one year

9

(73,796

)

(67,242

)

PROVISIONS FOR LIABILITIES

10

(39,882

)

(50,681

)

NET ASSETS

657,697

1,407,854

CAPITAL AND RESERVES

Called up share capital

11

100

100

Retained earnings

657,597

1,407,754

SHAREHOLDERS' FUNDS

657,697

1,407,854

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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 Profit and Loss Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 July 2026 and were signed on its behalf by:

A P Smith - Director

1.	STATUTORY INFORMATION

Ezy Glide Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

07139474

Registered office:

Pharmacy Chambers

High Street

Wadhurst

East Sussex

TN5 6AP

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" including the provisions of Section 1A "Small Entities" 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.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Equipment

-

33% on cost

All fixed assets are initially recorded at cost.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and conditions.

At each reporting date, an assessment is made for the impairment due to obsolescence or slow movement. Any excess of the carrying amount of stocks over its estimates selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities, like trade and other accounts receivable and payable, loans from banks and other third parties and loans to / from related parties.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the present value of the future cash flows and subsequently measured at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted transaction price less any impairment.

If the arrangements of a short term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of the estimated cash flows discounted at the asset's original effective rate.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the reporting date.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet and measured as detailed above.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

Finance costs are charged to the profit and loss over the term of the financial asset / liability using the effective interest method so that the amount charged is at a constant rate on the carrying amount.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss 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 applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2025 - 9 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Equipment

Totals

£

£

£

£

£

COST

At 1 February 2025

9,545

12,020

296,881

6,259

324,705

Additions

934

125

40,950

-

42,009

At 31 January 2026

10,479

12,145

337,831

6,259

366,714

DEPRECIATION

At 1 February 2025

4,108

9,878

120,199

1,695

135,880

Charge for year

1,408

332

45,450

2,065

49,255

At 31 January 2026

5,516

10,210

165,649

3,760

185,135

NET BOOK VALUE

At 31 January 2026

4,963

1,935

172,182

2,499

181,579

At 31 January 2025

5,437

2,142

176,682

4,564

188,825

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 February 2025

175,357

Additions

40,950

Transfer to ownership

(32,966

)

At 31 January 2026

183,341

DEPRECIATION

At 1 February 2025

66,412

Charge for year

28,516

Transfer to ownership

(4,250

)

At 31 January 2026

90,678

NET BOOK VALUE

At 31 January 2026

92,663

At 31 January 2025

108,945

6.

STOCKS

2026

2025

£

£

Stocks

10,000

10,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

251,013

190,500

Amounts owed by group undertakings

-

870,517

Other debtors

24,213

29,680

Directors' current accounts

8,543

-

Prepayments and accrued income

16,918

11,361

300,687

1,102,058

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

5,032

10,000

Other loans

-

5,000

Hire purchase contracts

17,392

9,600

Trade creditors

50,631

45,577

Amounts owed to group undertakings

7,580

-

Corporation tax

171,266

117,545

PAYE and social security

3,869

2,894

VAT

43,803

23,870

Other creditors

3,894

3,795

Directors' current accounts

-

2,568

Accruals and deferred income

6,962

8,120

310,429

228,969

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts

73,796

67,242

10.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

Accelerated capital allowances

39,882

50,681

Deferred tax

£

Balance at 1 February 2025

50,681

Provided during year

(10,799

)

Balance at 31 January 2026

39,882

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

£1

100

100

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Amounts due from directors at the balance sheet date total £58,543 (2025: £Nil). Amounts due are interest-free, unsecured, and repayable on demand.

13.	PARENT COMPANY

The company is a wholly owned subsidiary of Ezy Holdings Limited whose address is Pharmacy Chambers, High Street, Wadhurst, East Sussex, TN5 6AP.

14.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Ezy Holdings Limited.