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REGISTERED NUMBER: 01187484 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

MEDWAY HEATING (BOLTON) LIMITED

MEDWAY HEATING (BOLTON) LIMITED (REGISTERED NUMBER: 01187484) |

CONTENTS OF THE FINANCIAL STATEMENTS

for the Year Ended 31 October 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Chartered Certified Accountants' Report | 8 |

| MEDWAY HEATING (BOLTON) LIMITED |

COMPANY INFORMATION

for the Year Ended 31 October 2025

| DIRECTORS: | P Craven

| G J Owen

| L Merritt

| SECRETARY: | Miss A E Booth

| REGISTERED OFFICE: | Unit 1 Viola Street

| Astley Bridge

| Bolton

| Lancashire

| BL1 8NG

| REGISTERED NUMBER: | 01187484 (England and Wales)

| ACCOUNTANTS: | Studholme-Bell Limited

| Chartered Certified Accountants

| Vantage House

| 3 East Terrace Business Park

| Euxton Lane, Euxton

| Chorley

| Lancashire

| PR7 6TB

MEDWAY HEATING (BOLTON) LIMITED (REGISTERED NUMBER: 01187484) |

BALANCE SHEET

31 October 2025

| 31.10.25 | 31.10.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 5 | 336,264 |  | 381,009 |  |

CURRENT ASSETS

Stocks | 1,591,050 |  | 62,691 |  |

Debtors | 6 | 1,035,746 |  | 1,483,102 |  |

Cash at bank and in hand | 2,117,983 |  | 1,854,643 |  |

4,744,779 |  | 3,400,436 |  |

CREDITORS

Amounts falling due within one year | 7 | 1,275,801 |  | 1,358,248 |  |

NET CURRENT ASSETS | 3,468,978 |  | 2,042,188 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 3,805,242 |  | 2,423,197 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (168,670 | ) | (168,669 | ) |

PROVISIONS FOR LIABILITIES | (34,521 | ) | (45,460 | ) |

NET ASSETS | 3,602,051 |  | 2,209,068 |  |

CAPITAL AND RESERVES

Called up share capital | 101 |  | 101 |  |

Retained earnings | 3,601,950 |  | 2,208,967 |  |

SHAREHOLDERS' FUNDS | 3,602,051 |  | 2,209,068 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

MEDWAY HEATING (BOLTON) LIMITED (REGISTERED NUMBER: 01187484) |

BALANCE SHEET - continued

31 October 2025

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 19 June 2026 and were signed on its behalf by:

P Craven - Director

G J Owen - Director

MEDWAY HEATING (BOLTON) LIMITED (REGISTERED NUMBER: 01187484) |

NOTES TO THE FINANCIAL STATEMENTS

for the Year Ended 31 October 2025

1. | STATUTORY INFORMATION

| Medway Heating (Bolton) 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. | STATEMENT OF COMPLIANCE

| These financial statements have been prepared in compliance with FRS102 Section 1A for small entities. There were no material departures from that standard.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The principle accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year and have also been consistently applied within the same accounts.

| The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.

| Income recognition

| Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.

| 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 | - | 15% on reducing balance

| Computer equipment | - | 50% on reducing balance

| Inventories

| Inventories have been valued at the lower of cost and estimated selling price, less costs to sell. In respect of work in progress and finished goods, cost included a relevant proportion of overheads according to the stage of manufacture/completion.

| Financial instruments

| The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, bank loans and directors' loans.

| Bank loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

| Directors' loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

| Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the statement of income and retained earnings.

| Deferred taxation

| Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.

| Tax deferred or accelerated is accounted for in respect of all material timing differences.

MEDWAY HEATING (BOLTON) LIMITED (REGISTERED NUMBER: 01187484) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 October 2025

3. | ACCOUNTING POLICIES - continued

| Hire purchase and leasing commitments

| Property, plant and equipment acquired under finance leases or hire purchase contracts are capitalised and depreciated in the same manner as other intangible assets. The related obligations, net of future finance charges, are included in creditors.

| Rentals payable under operating leases are charged to the profit and loss account on a straight-line basis over the period of the lease.

| Pensions

| The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 38 (2024 - 37 ) .

5. | TANGIBLE FIXED ASSETS

| Improvements |  | Fixtures

| to |  | Plant and |  | and

| property |  | machinery |  | fittings

£ | £ | £ |

| COST

| At 1 November 2024

| and 31 October 2025 | 198,183 |  | 118,584 |  | 38,314 |  |

| DEPRECIATION

| At 1 November 2024 | - |  | 94,490 |  | 30,956 |  |

| Charge for year | - |  | 4,819 |  | 1,840 |  |

| At 31 October 2025 | - |  | 99,309 |  | 32,796 |  |

| NET BOOK VALUE

| At 31 October 2025 | 198,183 |  | 19,275 |  | 5,518 |  |

| At 31 October 2024 | 198,183 |  | 24,094 |  | 7,358 |  |

MEDWAY HEATING (BOLTON) LIMITED (REGISTERED NUMBER: 01187484) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 October 2025

5. | TANGIBLE FIXED ASSETS - continued

| Motor |  | Computer |

| vehicles |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 November 2024

| and 31 October 2025 | 392,693 |  | 40,782 |  | 788,556 |  |

| DEPRECIATION

| At 1 November 2024 | 242,288 |  | 39,813 |  | 407,547 |  |

| Charge for year | 37,602 |  | 484 |  | 44,745 |  |

| At 31 October 2025 | 279,890 |  | 40,297 |  | 452,292 |  |

| NET BOOK VALUE

| At 31 October 2025 | 112,803 |  | 485 |  | 336,264 |  |

| At 31 October 2024 | 150,405 |  | 969 |  | 381,009 |  |

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

| Motor

| vehicles

£ |

| COST

| At 1 November 2024 | 82,763 |  |

| Reclassification/transfer | (82,763 | ) |

| At 31 October 2025 | - |  |

| DEPRECIATION

| At 1 November 2024 | 77,093 |  |

| Reclassification/transfer | (77,093 | ) |

| At 31 October 2025 | - |  |

| NET BOOK VALUE

| At 31 October 2025 | - |  |

| At 31 October 2024 | 5,670 |  |

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

| 31.10.25 |  | 31.10.24

£ | £ |

| Trade debtors | 479,419 |  | 941,957 |  |

| Amounts owed by group undertakings | 512,724 |  | 512,724 |  |

| Prepayments and accrued income | 43,603 |  | 28,421 |  |

1,035,746 |  | 1,483,102 |  |

MEDWAY HEATING (BOLTON) LIMITED (REGISTERED NUMBER: 01187484) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 October 2025

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

| 31.10.25 |  | 31.10.24

£ | £ |

| Trade creditors | 531,954 |  | 596,736 |  |

| Amounts owed to group undertakings | 125,750 |  | 125,750 |  |

| Tax | 575,391 |  | 244,647 |  |

| Social security and other taxes | 32,490 |  | 24,987 |  |

| VAT | 5,966 |  | 72,835 |  |

| Other creditors | - |  | 863 |  |

| Accruals and deferred income | 4,250 |  | 292,430 |  |

1,275,801 |  | 1,358,248 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.10.25 |  | 31.10.24

£ | £ |

| Directors loan accounts | 168,670 |  | 168,669 |  |

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS

ON THE UNAUDITED FINANCIAL STATEMENTS OF

MEDWAY HEATING (BOLTON) LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Medway Heating (Bolton) Limited for the year ended 31 October 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Medway Heating (Bolton) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Medway Heating (Bolton) Limited and state those matters that we have agreed to state to the Board of Directors of Medway Heating (Bolton) Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Medway Heating (Bolton) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Medway Heating (Bolton) Limited. You consider that Medway Heating (Bolton) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Medway Heating (Bolton) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Studholme-Bell Limited

Chartered Certified Accountants

Vantage House

3 East Terrace Business Park

Euxton Lane, Euxton

Chorley

Lancashire

PR7 6TB

19 June 2026