ACCOUNTS - Final Accounts

An analysis of turnover by class of business is as follows:

Registered number: 06935623

THE WRIGHT BUY LTD

ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

THE WRIGHT BUY LTD

COMPANY INFORMATION

Director	A Wright


Company secretary	A Wright


Registered number	06935623


Registered office	7 Meadow Business Park
	Piperell Way
	Haverhill
	Suffolk
	CB9 8QX


Independent auditors	Haslers Assurance LLP
	Chartered Accountants & Statutory Auditor
	Old Station Road
	Loughton
	Essex
	IG10 4PL

THE WRIGHT BUY LTD

CONTENTS

	Page
Strategic Report	1 - 2
Director's Report	3
Director's Responsibilities Statement	4
Independent Auditors' Report	5 - 8
Statement of Comprehensive Income	9
Balance Sheet	10 - 11
Statement of Changes in Equity	12
Notes to the Financial Statements	13 - 31

THE WRIGHT BUY LTD

STRATEGIC REPORT

FOR THE PERIOD ENDED 31 DECEMBER 2025

Introduction

This is a balance and comprehensive review of the performance of our business during the period and its' position at the year end consistent with the size and nature of our business and is written in the context of the risks and uncertainties we face.

Business review

The Company delivered an excellent financial performance during the 18-month period despite continued inflationary pressures, global freight volatility and foreign exchange movements. Strategic investment in products, people and infrastructure, together with disciplined cost control, enabled the business to continue its strong growth trajectory.

For the 18 month period, Turnover increased to £38.91 million, with gross profit of £16.01 million and operating profit of £2.41 million. Profit before taxation was £2.38 million, resulting in profit after taxation of £1.93 million.

A significant milestone during the period was the acquisition of the IceKing brand and associated inventory from the administrators of a competitor. IceKing has historically operated predominantly within the trade sector and, whilst the Company had planned to enter this market at a later stage, the opportunity enabled the Board to accelerate its long-term strategy. Initial trading has exceeded expectations and has established a strong platform for continued expansion.

Alongside the continued growth of the Cookology brand within the direct-to-consumer market, the Company successfully established a meaningful presence in the trade sector through the acquisition of the IceKing brand. This broadens the Company's routes to market, diversifies its customer base and provides further opportunities for long-term sustainable growth.

The Company also acquired additional inventory from another competitor that entered administration during the period. This has generated attractive margins and is expected to continue contributing positively throughout 2026.

During the period, the Company strengthened its nationwide after-sales capability through a strategic partnership with a national service and spare parts provider, enhancing customer support and reinforcing its reputation for service.

Further investment was made in the management team and the business relocated into its new purpose-built showroom and office in Essex, providing an improved working environment for employees and a modern facility for both retail and trade customers, whilst still maintaining the national distribution centre in Haverhill, Suffolk.

Relationships with the Company's key overseas manufacturing partners remain strong, enabling continued collaboration on product development, competitiveness and early access to new technologies across both the Cookology and IceKing brands.

Principal risks and uncertainties

The principal risks facing the Company include foreign exchange movements, freight and supply chain costs, competitive market conditions, inventory management and changes in UK consumer confidence.

The Director regularly reviews these risks and implement appropriate measures to mitigate their potential impact.

Page 1

THE WRIGHT BUY LTD

STRATEGIC REPORT (CONTINUED)

FOR THE PERIOD ENDED 31 DECEMBER 2025

Financial key performance indicators

Key performance indicators, as set out in the Statement of Comprehensive income, are:

• Turnover
• Gross Profit
• Operating Profit and EBITDA
• Stock levels and availability

Other key performance indicators

Other key performance indicators are:

• Customer Satisfaction and product reliability
• Online performance and conversion rates
• Next-day delivery performance

The company continues to monitor:

• Percentage of orders arriving the following day after purchase
• Customer satisfaction by solving customer enquiries.
• Product performance according to after sales fault rates.
• Customer product reviews - number of star ratings given by purchasers.
• On-line site traffic and conversion rates for all e-commerce sites.
• Out of stocks - aim to minimise by robust demand planning.

The company continues to make good progress in each of these indicators.

Future Outlook

The Director remains confident in the Company's future prospects. The successful integration of the IceKing acquisition, continued investment in people, infrastructure and product development, together with strong supplier relationships, provide a solid foundation for sustainable growth across both the retail and trade markets. The Board will continue to focus on profitable growth & operational excellence.

This report was approved by the board on 24 July 2026 and signed on its behalf.

................................................

A Wright

Director

Page 2

THE WRIGHT BUY LTD

DIRECTOR'S REPORT

FOR THE PERIOD ENDED 31 DECEMBER 2025

The director presents his report and the financial statements for the Period ended 31 December 2025.

Principal activity

The principal activity of the company continued to be that of the retailer of white goods.

Results and dividends

The profit for the Period, after taxation, amounted to £1,926,271 (2024 - £1,332,064).

The directors recommended the payment of a dividend of £3,632,300 (2024 - £1,060,000).

Director

The director who served during the Period was:

A Wright

Disclosure of information to auditors

The director at the time when this Director's Report is approved has confirmed that:

∙so far as is aware, there is no relevant audit information of which the Company's auditors are unaware, and

∙ has taken all the steps that ought to have been taken as a director in order to be aware of any relevant audit information and to establish that the Company's auditors are aware of that information.

Auditors

The auditors, Haslers Assurance LLP, will be proposed for reappointment in accordance with section 485 of the Companies Act 2006.

This report was approved by the board on 24 July 2026 and signed on its behalf.

................................................

A Wright

Director

Page 3

THE WRIGHT BUY LTD

DIRECTOR'S RESPONSIBILITIES STATEMENT

FOR THE PERIOD ENDED 31 DECEMBER 2025

The director is responsible for preparing the Strategic Report, the Director's Report and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the director must not approve the financial statements unless he is 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 director is required to:

∙select suitable accounting policies for the Company's financial statements 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 director is 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 to enable him to ensure that the financial statements comply with the Companies Act 2006. He is 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.

Page 4

THE WRIGHT BUY LTD

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF THE WRIGHT BUY LTD

Opinion

We have audited the financial statements of The Wright Buy Limited (the 'Company') for the Period ended 31 December 2025, which comprise the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes, 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 Period 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 United Kingdom, including the Financial Reporting Council'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 director's 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 director with respect to going concern are described in the relevant sections of this report.

Page 5

THE WRIGHT BUY LTD

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF THE WRIGHT BUY LTD (CONTINUED)

Other information

The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' Report thereon. The director is responsible for the other information contained within the Annual Report. 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. 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 course of 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.

Opinion 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 Director's Report for the financial Period for which the financial statements are prepared is consistent with the financial statements; and

∙the Strategic Report and the Director's Report 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 Director's Report.

We have nothing to report in respect of the following matters in relation to which 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 director's 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 Director's Responsibilities Statement set out on page 4, the director is 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 director determines is 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 director is 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 director either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

Page 6

THE WRIGHT BUY LTD

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF THE WRIGHT BUY LTD (CONTINUED)

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 an Auditors' Report 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:

Based on our understanding of the legal and regulatory frameworks that are applicable to the entity we have considered those that have a direct and indirect material impact on the financial statements and operations of the company. These include but are not limited to the Companies Act 2006, GDPR, employment and Health & Safety legislation and tax legislation.

We obtained an understanding of how the company are complying with those legal and regulatory frameworks by making inquiries of management. We corroborated our inquiries through our review of documentation generated and assessing the extent of compliance with the relevant laws and regulations.

We discussed among the audit engagement team regarding the opportunities and incentives, including management override of controls, that may exist within the organisation for fraud and how and where fraud might occur in the financial statements.

As a result of performing the above, we identified the greatest potential for material misstatements due to fraud are in the following areas, and our specific procedures performed to address these are described below: The risk of management override of controls is the area where the financial statements were most susceptible to material misstatement due to fraud. In addition, the key principal risks related to the existence of inappropriate journal entries to impact the profit for the year and management bias in accounting estimates.

Procedures performed to address these were as follows:

• Identifying and assessing the design effectiveness of controls management has in place to prevent and detect fraud, including known or suspected instances of non-compliance with laws and regulations, and fraud,

• Understanding how those charged with governance considered and addressed the potential for override of controls or other inappropriate influence over the financial reporting process,

• Challenging assumptions and judgements made by management in its significant accounting estimates; and

• Identifying and testing journal entries, in particular any unusual journal entries posted around the year-end and journal entries posted by infrequent system users.

Page 7

THE WRIGHT BUY LTD

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF THE WRIGHT BUY LTD (CONTINUED)

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

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 Auditors' Report.

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 an Auditors' Report 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.

Matthew Wells ACA (Senior Statutory Auditor)

for and on behalf of

Haslers Assurance LLP

Chartered Accountants

Statutory Auditor

Old Station Road

Loughton

Essex

IG10 4PL

27 July 2026

Page 8

THE WRIGHT BUY LTD

STATEMENT OF COMPREHENSIVE INCOME

FOR THE PERIOD ENDED 31 DECEMBER 2025


	18 month period to 31 December 2025	Year to 30 June 2024
Note	£	£


Turnover	4	38,911,958	21,608,571
Cost of sales		(22,904,229)	(12,979,717)
Gross profit		16,007,729	8,628,854
Distribution costs		(7,279,036)	(4,246,708)
Administrative expenses		(6,320,397)	(2,734,669)
Operating profit	5	2,408,296	1,647,477
Interest receivable and similar income	9	2	4,980
Interest payable and similar expenses	10	(29,224)	(4,691)
Profit before tax		2,379,074	1,647,766
Tax on profit	11	(452,803)	(315,702)
Profit for the financial Period		1,926,271	1,332,064

Other comprehensive income for the Period

There were no recognised gains and losses for 2025 or 2024 other than those included in the statement of comprehensive income.

The notes on pages 13 to 31 form part of these financial statements.

Page 9

THE WRIGHT BUY LTD

REGISTERED NUMBER: 06935623

BALANCE SHEET

AS AT 31 DECEMBER 2025

	31 December	30 June
	2025	2024
Note	£	£

Fixed assets
Intangible assets			52,533		-
Tangible assets	14		460,695		369,110
Investments	15		265,838		227,338
			779,066		596,448
Current assets
Stocks	16	8,924,506		10,552,831
Debtors: amounts falling due within one year	17	3,155,860		5,151,560
Cash at bank and in hand	18	732,319		997,558
		12,812,685		16,701,949
Creditors: amounts falling due within one year	19	(5,723,436)		(7,746,036)
Net current assets			7,089,249		8,955,913
Total assets less current liabilities			7,868,315		9,552,361
Creditors: amounts falling due after more than one year	20		(25,445)		(50,782)
Provisions for liabilities
Deferred tax	23	(113,417)		(83,390)
Other provisions	24	(147,004)		(129,711)
			(260,421)		(213,101)
Net assets			7,582,449		9,288,478

Capital and reserves
Called up share capital	25	100	100
Profit and loss account	26	7,582,349	9,288,378
		7,582,449	9,288,478

Page 10

THE WRIGHT BUY LTD

REGISTERED NUMBER: 06935623

BALANCE SHEET (CONTINUED)

AS AT 31 DECEMBER 2025

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 24 July 2026.

................................................

A Wright

Director

The notes on pages 13 to 31 form part of these financial statements.

Page 11


		THE WRIGHT BUY LTD

STATEMENT OF CHANGES IN EQUITY

FOR THE PERIOD ENDED 31 DECEMBER 2025

	Called up share capital	Profit and loss account	Total equity
	£	£	£
At 1 July 2023	100	9,016,314	9,016,414
Comprehensive income for the year
Profit for the year	-	1,332,064	1,332,064
Contributions by and distributions to owners
Dividends: Equity capital	-	(1,060,000)	(1,060,000)

At 1 July 2024	100	9,288,378	9,288,478
Comprehensive income for the Period
Profit for the Period	-	1,926,271	1,926,271
Contributions by and distributions to owners
Dividends: Equity capital	-	(3,632,300)	(3,632,300)
At 31 December 2025	100	7,582,349	7,582,449

Page 12

THE WRIGHT BUY LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

1.	General information

The Wright Buy Limited is a private company, limited by shares incorporated in England and Wales, United Kingdom, with a registered number 06935623. The address of the registered office is 7 Meadow Business Park, Piperell Way, Haverhill, Suffolk, England, CB9 8QX. The principal activity of the company continued to be that of the retailer of white goods.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies (see note 3).

The following principal accounting policies have been applied:

2.2

Financial Reporting Standard 102 - reduced disclosure exemptions

The Company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":

∙the requirements of Section 7 Statement of Cash Flows;

∙the requirements of Section 3 Financial Statement Presentation paragraph 3.17(d);

∙the requirements of Section 11 Financial Instruments paragraphs 11.42, 11.44 to 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c);

∙the requirements of Section 12 Other Financial Instruments paragraphs 12.26 to 12.27, 12.29(a), 12.29(b) and 12.29A;

∙the requirements of Section 33 Related Party Disclosures paragraph 33.7.

This information is included in the consolidated financial statements of The Wright Buy Holdings Limited as at 31 December 2025 and these financial statements may be obtained from Companies House.

Page 13

THE WRIGHT BUY LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

2.4

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of turnover can be measured reliably;

∙it is probable that the Company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

The principal activity of the company is a retailer of white goods. Turnover is recognised on the despatch of goods.

2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 14

THE WRIGHT BUY LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.6

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.7

Borrowing costs

All borrowing costs are recognised in profit or loss in the Period in which they are incurred.

2.8

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

2.9

Current and deferred taxation

The tax expense for the Period comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Page 15

THE WRIGHT BUY LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.10

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

2.11

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Long-term leasehold property	-	10%	Straight line
Plant and machinery	-	25%	Reducing Balance
Motor vehicles	-	25%	Reducing Balance
Fixtures and fittings	-	25%	Reducing Balance
Office equipment	-	25%	Reducing Balance
Computer equipment	-	25%	Reducing Balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.12

Revaluation of tangible fixed assets

Individual freehold and leasehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the balance sheet date.

Fair values are determined from market based evidence normally undertaken by professionally qualified valuers.

Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.

Page 16

THE WRIGHT BUY LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.13

Valuation of investments

Investments in number plates are remeasured to market value at each Balance Sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

2.14

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

2.15

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.16

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.17

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.18

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.

Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.

Increases in provisions are generally charged as an expense to profit or loss.

Page 17

THE WRIGHT BUY LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.19

Financial instruments

Financial instruments are recognised in the Company's Balance Sheet when the Company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

Basic financial liabilities

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 Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

2.20

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 18

THE WRIGHT BUY LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

3.	Judgements in applying accounting policies and key sources of estimation uncertainty

In applying the Company's accounting policies, the director is required to make judgements, estimates and assumptions in determining the carrying amounts of assets and liabilities. The director's judgements, estimates and assumptions are based on the best and most reliable evidence available at the time when the decisions are made, and are based on historical experience and other factors that are considered to be applicable. Due to the inherent subjectivity involved in making such judgements, estimates and assumptions, the actual results and outcomes may differ.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of the revision and future periods, if the revision affects both current and future periods.

Details of the company's significant accounting judgements and critical accounting estimates include:

Impairment of stock

Management have assessed the need to write off or provide against any specific items based on the levels held at the year end and the expected sales of such items in the immediate period post year end. Management take into account historic sales data at the date the estimate is made.

Warranty provisions

Management have assessed the need to provide for any costs which will be incurred in the future on behald of the warranties offered to its customers. Management have based the decision on their judgement of all available information and their experience of the specific nature of the warranty costs incurred.

	Sale of goods	38,911,958	21,608,571

All turnover arose within the United Kingdom.

Page 19

THE WRIGHT BUY LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

Exchange differences

(648,830)

(391,708)

Fees payable to the Company's auditors for the audit of the Company's financial statements

13,500

12,400

The Company has taken advantage of the exemption not to disclose amounts paid for non-audit services as these are disclosed in the consolidated accounts of the parent Company.

Page 20

THE WRIGHT BUY LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

Wages and salaries	1,089,406	672,693
Social security costs	103,419	63,099
Cost of defined contribution scheme	49,615	62,222
	1,242,440	798,014

The average monthly number of employees, including the director, during the Period was as follows:

	31 December	30 June
	2025	2024
	No.	No.

Employees	24	20

Director's emoluments	11,250	7,500
Company contributions to defined contribution pension schemes	-	10,000
	11,250	17,500

During the Period retirement benefits were accruing to 1 directors (2024 - 1) in respect of defined contribution pension schemes.

Page 21

THE WRIGHT BUY LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

Other interest receivable

4,980

	Other loan interest payable	29,224	4,691
		29,224	4,691

Corporation tax
Current tax on profits for the year	422,776	286,468

Total current tax	422,776	286,468

Deferred tax
Origination and reversal of timing differences	30,027	29,234
Total deferred tax	30,027	29,234


	Tax on profit	452,803	315,702

Page 22

THE WRIGHT BUY LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

11.Taxation (continued)

Profit on ordinary activities before tax

2,379,074

1,647,766

Profit on ordinary activities multiplied by standard rate of corporation tax in the UK of 25% (2024 - 25%)	594,769	411,942
Effects of:
Expenses not deductible for tax purposes, other than goodwill amortisation and impairment	7,406	1,091
Capital allowances for Period/year in excess of depreciation	(37,846)	(16,823)
Increase or decrease in pension fund prepayment leading to an increase (decrease) in tax	(196)	909
Other timing differences leading to an increase (decrease) in taxation	-	(327)
Group relief	(141,357)	(110,324)
Deferred tax	30,027	29,234
Total tax charge for the Period/year	452,803	315,702

Factors that may affect future tax charges

There were no factors that may affect future tax charges.

Dividends

3,632,300

1,060,000

Page 23

THE WRIGHT BUY LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

13.	Intangible assets

		Computer software
		£
	Cost
	Transfer between classes	52,533
	At 31 December 2025	52,533

	Net book value
	At 31 December 2025	52,533
	At 30 June 2024	-

Page 24


		THE WRIGHT BUY LTD

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2025

14.

Tangible fixed assets

	Long-term leasehold property	Plant and machinery	Motor vehicles	Fixtures and fittings	Office equipment	Computer equipment	Total
	£	£	£	£	£	£	£
Cost or valuation
At 1 July 2024	79,473	312,281	99,457	104,328	90,949	52,533	739,021
Additions	32,280	-	43,975	191,808	12,385	-	280,448
Disposals	-	(14,170)	(28,270)	-	-	-	(42,440)
Transfers between classes	-	-	-	-	-	(52,533)	(52,533)
At 31 December 2025	111,753	298,111	115,162	296,136	103,334	-	924,496
Depreciation
At 1 July 2024	38,156	126,930	64,504	74,577	65,744	-	369,911
Charge for the Period on owned assets	5,950	2,668	9,732	30,316	10,106	-	58,772
Charge for the Period on financed assets	-	55,375	11,917	-	-	-	67,292
Disposals	-	(11,800)	(20,374)	-	-	-	(32,174)
At 31 December 2025	44,106	173,173	65,779	104,893	75,850	-	463,801

Page 25


		THE WRIGHT BUY LTD

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2025

14.Tangible fixed assets (continued)

Net book value
At 31 December 2025	67,647	124,938	49,383	191,243	27,484	-	460,695
At 30 June 2024	41,317	185,351	34,953	29,751	25,205	52,533	369,110

Long leasehold	67,648	41,317
	67,648	41,317

Page 26

THE WRIGHT BUY LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

15.	Fixed asset investments

		Other fixed asset investments
		£
	Cost
	At 1 July 2024	227,338
	Additions	38,500
	At 31 December 2025	265,838

	Net book value
	At 31 December 2025	265,838
	At 30 June 2024	227,338

Finished goods	6,497,752	8,008,029
Stock in transit	2,426,754	2,544,802
	8,924,506	10,552,831

Page 27

THE WRIGHT BUY LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

17.

Debtors

					31 December	30 June
					2025	2024
					£	£


Trade debtors	625,676	166,682
Amounts owed by group undertakings	2,413,845	3,017,998
Other debtors	20,000	1,891,122
Prepayments and accrued income	96,339	75,758
	3,155,860	5,151,560

	Cash at bank and in hand	732,319	997,558

Other loans	2,739,359	4,528,410
Trade creditors	2,051,790	2,337,067
Corporation tax	146,471	135,573
Other taxation and social security	680,934	484,324
Obligations under finance lease and hire purchase contracts	40,774	39,811
Other creditors	4,996	5,762
Accruals and deferred income	59,112	215,089
	5,723,436	7,746,036

All bank loans and overdafts of the Company are secured by a fixed charge over the property, plant and
equipment, share capital and stock. There is also a floating charge over any current or future assets the
business owns which is not covered by the fixed charge.

All obligations under finance lease and hire purchase contracts are secured against the asset to which they relate.

Page 28

THE WRIGHT BUY LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

	Net obligations under finance leases and hire purchase contracts	25,445	50,782

Within one year	39,945	39,811
Between 1-5 years	25,445	50,782
	65,390	90,593

Financial assets
Financial assets measured at fair value through profit or loss	732,319	997,558
Financial assets that are debt instruments measured at amortised cost	3,155,860	5,545,094
	3,888,179	6,542,652

	Financial liabilities
	Financial liabilites measured at amortised costs	(4,885,257)	(7,080,563)

	Financial assets measured at fair value through profit or loss comprise cash and cash equivilents.
	Financial assets that are debt instruments measured at amortised cost comprise trade debtors, amounts owed by group undertakings, others debtors and accrued income.
	Financial liabilities measured at amortised cost comprise other loans, trade creditors, other creditors, accruals and deferred income.

Page 29

THE WRIGHT BUY LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

23.	Deferred taxation

		2025
		£

	At beginning of year	(83,390)
	Charged to profit or loss	(30,027)
	At end of year	(113,417)

	Accelerated capital allowances	(112,172)	(81,949)
	Pension surplus	(1,245)	(1,441)

24.	Provisions

		Warranty provision
		£

	At 1 July 2024	129,711
	Charged to profit or loss	17,293
	At 31 December 2025	147,004

Allotted, called up and fully paid

100 (2024 - 100) Ordinary shares of £1.00 each	100	100

Page 30

THE WRIGHT BUY LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

26.

Reserves

Profit and loss account

The profit and loss account represents cumulative profits and losses net of dividends and other adjustments.

27.	Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £49,615 (2024 - £62,222). Contributions totalling £4,981 (2024 - £5,765) were payable to the fund at the balance sheet date and are included in creditors

28.

Related party transactions

The Company has taken advantage of the exemption from the requirement to disclose transactions with wholly owned Group Companies.

At the balance sheet date, the company owed A Wright £17.96 (2024: £204,135 due from A Wright to the company).

During the period the company made a loan of £NIL (2024 - £40,000) to W Wright, a closely related individual to a director. This loan was repaid in full in the period.

During the period the company had a net payable balance due to related pary of £700,000 (prior year: net
recievable balance of £1,600,000) from J A Property Lets Limited, a company in which A Wright is a
director.

29.	Controlling party

The parent company is The Wright Buy Holdings Limited a company registered in England & Wales.

The ultimate controlling party is A Wright by virtue of his shareholding in the parent company.

Page 31