REGISTERED NUMBER: 15906079 (England and Wales)

GROUP STRATEGIC REPORT,

REPORT OF THE DIRECTORS AND

CONSOLIDATED FINANCIAL STATEMENTS

FOR THE PERIOD

20 AUGUST 2024 TO 30 NOVEMBER 2025

FOR

VEHICLE ACCESSORIES SOLUTIONS HOLDINGS

LIMITED

Page

Company Information

1

Group Strategic Report

2

Report of the Directors

4

Report of the Independent Auditors

6

Consolidated Income Statement

9

Consolidated Other Comprehensive Income

10

Consolidated Balance Sheet

11

Company Balance Sheet

12

Consolidated Statement of Changes in Equity

13

Company Statement of Changes in Equity

14

Consolidated Cash Flow Statement

15

Notes to the Consolidated Cash Flow Statement

16

Notes to the Consolidated Financial Statements

17

DIRECTORS:

Mrs S L Long

Mr J A Haycock

Mr J L Haycock

REGISTERED OFFICE:

Latchford House

Shenstone Business Park

Lynn Lane

Shenstone, Lichfield

WS14 0SB

REGISTERED NUMBER:

15906079 (England and Wales)

AUDITORS:

HB&O Ltd

Chartered Accountants and Statutory Auditor

Highdown House

11 Highdown Road

Leamington Spa

Warwickshire

CV31 1XT

The directors present their strategic report of the company and the group for the period 20 August 2024 to 30 November 2025.

REVIEW OF BUSINESS

The directors consider the periods performance good in what remains a challenging environment, with revenue growth and investment in staffing delivering solid earnings whilst providing a strong foundation for future growth.

Turnover for the period was £17,320,174. Gross profit of £8,532,938 representing a 49.3% gross margin.

Key performance indicators (KPIs)

Management monitors performance using financial and non-financial KPIs, including:

1. Revenue growth and gross margin.

2. Operating profit.

3. Customer retention and order volumes.

4. Inventory turnover and cash conversion.

These measures assist the directors in evaluating progress against strategic objectives.

With the fore mentioned, the directors and management are pleased with the company's and group's overall financial performance during the period.

PRINCIPAL RISKS AND UNCERTAINTIES

The company and group operates in a competitive and dynamic commercial environment and is exposed to a variety of risks. The directors have implemented processes designed to identify, evaluate, and manage these risks where practicable.

Sales and margins may be affected by pricing volatility arising from changes in input costs, supplier pricing, and market conditions. Management monitors cost movements and reviews pricing strategies and margins regularly to mitigate adverse effects.

The company and group sources products from overseas suppliers and is therefore exposed to foreign exchange risk, supplier disruption, and logistics challenges. Exchange rate fluctuations may impact product costs and profitability. These risks are managed through ongoing supplier review, diversification of the supply base, forward planning of purchases, and inventory management.

Changes in relevant laws and regulations, including product standards, consumer protection, and taxation, may impose additional obligations or costs. The company and group monitors regulatory developments and seeks professional advice when required.

Operational risks include systems failures, cybersecurity threats, and process inefficiencies. Controls include IT safeguards, data protection measures, and periodic review of internal procedures.

The company and group is exposed to typical financial risks such as credit risk, liquidity risk and interest rate risk. These are managed through credit control policies, cash flow monitoring, and prudent financing arrangements.

FUTURE DEVELOPMENT

The directors believe the company and group will be able to continue to trade profitably throughout 2025/2026 and beyond. Attention in the short term has been on managing working capital and raw material inventory so that lead times can be honoured to customers. Cashflow remains healthy, with the directors in the opinion that the company can continue to operate within its current and future financial parameters and so continue to meet its debts as they fall due.

The long-term strategy is to grow market share and profitability.

Looking ahead, the directors intend to continue pursuing sustainable growth and operational stability. Key areas of focus include:

1. Expansion and optimisation of the product range in response to customer needs and market trends.

2. Continued emphasis on cost management and operational efficiency.

3. Investment in systems, processes, and capabilities to support scalable growth.

4. Strengthening of supplier and customer partnerships.

The directors remain cautiously optimistic about the company's and group's prospects, while recognising the ongoing uncertainties within the wider economic and trading environment.

ON BEHALF OF THE BOARD:

Mrs S L Long - Director

10 July 2026

The directors present their report with the financial statements of the company and the group for the period 20 August 2024 to 30 November 2025.

INCORPORATION

The group was incorporated on 20 August 2024 .

PRINCIPAL ACTIVITY

The principal activity of the group in the period under review was that of a holding company.

DIVIDENDS

The total distribution of dividends for the period ended 30 November 2025 will be £ 3,616,826 .

DIRECTORS

The directors who have held office during the period from 20 August 2024 to the date of this report are as follows:

Mrs S L Long - appointed 20 August 2024

Mr J A Haycock - appointed 20 August 2024

Mr J L Haycock - appointed 20 August 2024

CHARITABLE DONATIONS AND EXPENDITURE

During the period the group made charitable donations of £2,428.

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Group 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 the group and of the profit or loss of the group 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 and the group's transactions and disclose with reasonable accuracy at any time the financial position of the company and the group 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 the group 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 group'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 group's auditors are aware of that information.

ON BEHALF OF THE BOARD:

Mrs S L Long - Director

10 July 2026

Opinion

We have audited the financial statements of Vehicle Accessories Solutions Holdings Limited (the 'parent company') and its subsidiaries (the 'group') for the period ended 30 November 2025 which comprise the Consolidated Income Statement, Consolidated Other Comprehensive Income, Consolidated Balance Sheet, Company Balance Sheet, Consolidated Statement of Changes in Equity, Company Statement of Changes in Equity, Consolidated Cash Flow Statement and Notes to the Consolidated 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 group's and of the parent company affairs as at 30 November 2025 and of the group's 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 group 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 group's and the parent 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 Group 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 Group 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 Group 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 group and the parent company and its environment obtained in the course of the audit, we have not identified material misstatements in the Group 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 by the parent company, or returns adequate for our audit have not been received from branches not visited by us; or

-	the parent company 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 group's and the parent 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 group or the parent 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.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

The audit process includes an assessment of the entity's risk environment, through enquiry of and discussion with management, including an assessment of any key laws and regulations with which the company must comply in the ordinary course of its business.

Additionally, the overall risks of irregular transactions occurring are assessed following our observations and confirmation of the design and implementation of management's controls. Whilst we are mindful of these risks, our audit focus is geared towards the risk of material misstatement in the financial statements as a whole.

As such, our procedures cannot guarantee that all transactions have been fully compliant with all relevant laws and regulations, including those regulations relating to fraud, as our procedures are not designed to detect all instances of non-compliance. By definition, the risk of our detection of non-compliance is greater where compliance with a law or regulation is removed from the events and transactions reflected in the financial statements. The risk is also greater regarding irregularities 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 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.

Gregg Olner MPhil BA (Hons) FCA (Senior Statutory Auditor)

for and on behalf of HB&O Ltd

Chartered Accountants and Statutory Auditor

Highdown House

11 Highdown Road

Leamington Spa

Warwickshire

CV31 1XT

10 July 2026

TURNOVER

3

17,320,174

Cost of sales

8,787,236

GROSS PROFIT

8,532,938

Distribution costs

80,147

Administrative expenses

3,803,229

3,883,376

4,649,562

Other operating income

4

39,542

OPERATING PROFIT

6

4,689,104

Interest receivable and similar income

7

20,624

4,709,728

Interest payable and similar expenses

8

101,882

PROFIT BEFORE TAXATION

4,607,846

Tax on profit

9

1,238,029

PROFIT FOR THE FINANCIAL PERIOD

3,369,817

Profit attributable to:

Owners of the parent

3,369,817

PROFIT FOR THE PERIOD

3,369,817

OTHER COMPREHENSIVE INCOME

Merger relief on acquisition

8,253,609

Income tax relating to other comprehensive income

-

OTHER COMPREHENSIVE INCOME FOR THE PERIOD, NET OF INCOME TAX

8,253,609

TOTAL COMPREHENSIVE INCOME FOR THE PERIOD

11,623,426

Total comprehensive income attributable to:

Owners of the parent

11,623,426

FIXED ASSETS

Intangible assets

12

9,333

Tangible assets

13

215,645

Investments

14

-

224,978

CURRENT ASSETS

Stocks

15

4,125,381

Debtors

16

4,652,880

Cash at bank

1,060,991

9,839,252

CREDITORS

Amounts falling due within one year

17

2,022,051

NET CURRENT ASSETS

7,817,201

TOTAL ASSETS LESS CURRENT LIABILITIES

8,042,179

PROVISIONS FOR LIABILITIES

20

35,479

NET ASSETS

8,006,700

CAPITAL AND RESERVES

Called up share capital

21

100

Other reserves

22

8,253,609

Retained earnings

22

(247,009

)

SHAREHOLDERS' FUNDS

8,006,700

The financial statements were approved by the Board of Directors and authorised for issue on 10 July 2026 and were signed on its behalf by:

Mrs S L Long - Director

FIXED ASSETS

Intangible assets

12

-

Tangible assets

13

-

Investments

14

8,253,709

8,253,709

TOTAL ASSETS LESS CURRENT LIABILITIES

8,253,709

CAPITAL AND RESERVES

Called up share capital

21

100

Other reserves

22

8,253,609

SHAREHOLDERS' FUNDS

8,253,709

Company's profit for the financial year

3,616,826

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

The financial statements were approved by the Board of Directors and authorised for issue on 10 July 2026 and were signed on its behalf by:

Mrs S L Long - Director

Called up

share

Retained

Other

Total

capital

earnings

reserves

equity

£

£

£

£

Changes in equity

Issue of share capital

100

-

-

100

Dividends

-

(3,616,826

)

-

(3,616,826

)

Total comprehensive income

-

3,369,817

8,253,609

11,623,426

Balance at 30 November 2025

100

(247,009

)

8,253,609

8,006,700

Called up

share

Retained

Other

Total

capital

earnings

reserves

equity

£

£

£

£

Changes in equity

Issue of share capital

100

-

-

100

Dividends

-

(3,616,826

)

-

(3,616,826

)

Total comprehensive income

-

3,616,826

8,253,609

11,870,435

Balance at 30 November 2025

100

-

8,253,609

8,253,709

Cash flows from operating activities

Cash generated from operations

1

6,387,758

Interest paid

(101,882

)

Tax paid

(435,958

)

Net cash from operating activities

5,849,918

Cash flows from investing activities

Purchase of intangible fixed assets

(10,000

)

Purchase of tangible fixed assets

(166,034

)

Sale of tangible fixed assets

6,812

Interest received

20,624

Payments to acquire subsidiary

(996,043

)

Cash acquired from subsidiary

56,767

Net cash from investing activities

(1,087,874

)

Cash flows from financing activities

Loan repayments in year

(178,182

)

Amount introduced by directors

284,468

Amount withdrawn by directors

(190,613

)

Share issue

100

Equity dividends paid

(3,616,826

)

Net cash from financing activities

(3,701,053

)

Increase in cash and cash equivalents

1,060,991

Cash and cash equivalents at beginning of period

2

-

Cash and cash equivalents at end of period

2

1,060,991

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

£

Profit before taxation

4,607,846

Depreciation charges

47,719

Loss on disposal of fixed assets

14,195

Finance costs

101,882

Finance income

(20,624

)

4,751,018

Increase in stocks

(811,114

)

Decrease in trade and other debtors

2,554,943

Decrease in trade and other creditors

(107,089

)

Cash generated from operations

6,387,758

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:

Period ended 30 November 2025

30.11.25

20.8.24

£

£

Cash and cash equivalents

1,060,991

-

3.	ANALYSIS OF CHANGES IN NET FUNDS

At 20.8.24

Cash flow

At 30.11.25

£

£

£

Net cash

Cash at bank

-

1,060,991

1,060,991

-

1,060,991

1,060,991

Total

-

1,060,991

1,060,991

1.	STATUTORY INFORMATION

Vehicle Accessories Solutions Holdings 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 General 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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are presented in sterling which is the functional currency of the company and are rounded to the nearest £1.

The accounts have been prepared in accordance with applicable accounting standards. The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year.

Basis of consolidation

The consolidated financial statements incorporate those of Vehicle Accessories Solutions Holdings Limited and its subsidiary undertaking, under the acquisition method of accounting. All financial statements are made up to 30 November 2025.

In October 2024 there was a group reorganisation which resulted in the company acquiring its interest in its subsidiary undertaking. Accordingly, the group results include the results of the subsidiary undertaking from the point of acquisition.

Critical accounting judgements and key sources of estimation uncertainty

The company makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are addressed below.

Accounting estimates:

i) Inventory provisioning

The company has historically committed to significant stock holding to ensure lead times are optimised and to take account of changes in economic cycles and sentiments in the wider industry. Stock includes various electrical components and ancillary items such as cables, camera systems used in the design and manufacture of the company's road safety systems. The inventory held is monitored by management with returns held within a separate warehouse location to determine the appropriate provisioning required. See note 15 to the financial statements for further disclosure.

Accounting judgements:

i) Operating leases

The company utilises assets which it does not own and pays for on an ongoing basis. In making the judgement as to whether such arrangements constitute finance leases or operating leases, management have assessed where the substantial risk and rewards of the ownership of the assets fall, and assessed that the counter-party, rather than the company, bears substantially all of the risks and rewards of ownership of the assets.

Turnover

Turnover comprises the value of sales (net of value added tax) of goods and services provided in the normal course of business. Revenue is recognised in respect of service contracts when the company obtains the right to consideration.

Sale of goods

Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on despatch of the goods.

Rendering of services

Turnover from rendering of services is recognised in respect of service contracts when the company obtains the right to consideration. This is based on completion of specific maintenance and/or service assignments on specific installations made. This is usually on signed confirmation from the customer confirming the fulfilment of the assignment.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

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

Fixtures & fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

Straight line over 3 years

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Consolidated 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 period 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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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

Financial instruments

Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at

transaction price. Any losses arising from impairment are recognised in the income statement.

3.

TURNOVER

The turnover and profit before taxation are attributable to the one principal activity of the group.

An analysis of turnover by class of business is given below:

£

Sales of goods

12,824,369

Rendering of services

4,495,805

17,320,174

An analysis of turnover by geographical market is given below:

£

United Kingdom

17,196,694

Europe

118,512

Rest of the world

4,968

17,320,174

4.	OTHER OPERATING INCOME

£

Commission received

39,542

5.	EMPLOYEES AND DIRECTORS

£

Wages and salaries

2,051,427

Social security costs

345,651

Other pension costs

81,404

2,478,482

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

Administration

48

£

Directors' remuneration

157,399

Directors' pension contributions to money purchase schemes

60,000

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

Money purchase schemes

3

6.	OPERATING PROFIT

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

£

Hire of plant and machinery

15,488

Other operating leases

161,184

Depreciation - owned assets

47,052

Loss on disposal of fixed assets

14,195

Computer software amortisation

667

Auditors' remuneration

16,000

Foreign exchange differences

(20,555

)

Other operating leases - motor vehicles

40,581

7.

INTEREST RECEIVABLE AND SIMILAR INCOME

£

Deposit account interest

18,725

HMRC interest

1,899

20,624

8.

INTEREST PAYABLE AND SIMILAR EXPENSES

£

Factoring charges

83,412

Interest payable

18,470

101,882