REGISTERED NUMBER: 03932228 (England and Wales)

GROUP STRATEGIC REPORT, REPORT OF THE DIRECTORS AND

CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

FOR

NILVIP HOLDINGS LIMITED

Page

Company Information

1

Group Strategic Report

2

Report of the Directors

3

Report of the Independent Auditors

5

Consolidated Income Statement

9

Consolidated Balance Sheet

10

Company Balance Sheet

12

Notes to the Consolidated Financial Statements

14

DIRECTORS:

M Vipul Nautamlal Patel

M Nilesh Nautamlal Patel

M Vijay Kumar Purshottam Sharma

M Kanchan Ruby Sharma

REGISTERED OFFICE:

10-12 King Street

Reading

Berkshire

RG1 2HE

REGISTERED NUMBER:

03932228 (England and Wales)

AUDITORS:

Accumen Business Consultancy Limited

Coventry University

Technology Park

Puma Way

Coventry

CV1 2TT

The directors present their strategic report of the company and the group for the year ended 31 July 2025.

REVIEW OF BUSINESS

The Group's operating profit for the year to 31 July 2025 was £576,825 compared to an operating profit of £1,060,637 in 2024. Net assets at 31 July 2025 were £14.6 million (2024: £14.8 million). Turnover for the year to 31 July 2025 was £2.3 million (2024: £3.2 million).

The long term strategic objectives are to deliver organic growth and improve operating profit.

PRINCIPAL RISKS AND UNCERTAINTIES

The risks below are deemed to be the major risks for the group.

Economic conditions

The directors take all steps possible to mitigate any increase in costs due to the current economic and geo-political climate. However, this is mainly out of the control of the Group, and increased costs affect the operating profit. On the whole, the revenue incurred by the group is fairly static, therefore, the group is affected by short term changes in costs.

Hotel Industry risks

The hotel industry is competitive and out hotels are subject to competition from other hotels for guests. We value our relationships with our customers and attempt to deliver exceptional customer service consistently while ensuring our pricing remains competitive.

ON BEHALF OF THE BOARD:

M Nilesh Nautamlal Patel - Director

24 July 2026

The directors present their report with the financial statements of the company and the group for the year ended 31 July 2025.

PRINCIPAL ACTIVITY

The principal activity of the group in the year under review was that of operations of hotels in Reading, Berkshire and Bath, Somerset. It also operates restaurants within some of these hotels.

FUTURE DEVELOPMENTS

As seen over the years, successfully operating in the midst of change and uncertainty is a track record of the Management and continues to be one of our greatest strengths. Our strategy of developing alternative revenue streams and change in our customer base means we remain resilient through varying economic cycles. Continuing to evolve with changing consumer trends, we will expand further into both new and existing markets.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 August 2024 to the date of this report.

M Vipul Nautamlal Patel

M Nilesh Nautamlal Patel

Other changes in directors holding office are as follows:

M Surendra Vrajlal Patel - resigned 28 April 2025

M Bhupesh Bhagwandas Patel - resigned 28 April 2025

M Vijay Kumar Purshottam Sharma - appointed 28 April 2025

M Kanchan Ruby Sharma - appointed 28 April 2025

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 she ought to have taken as a director in order to make herself aware of any relevant audit information and to establish that the group's auditors are aware of that information.

AUDITORS

The auditors, Accumen Business Consultancy Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

M Nilesh Nautamlal Patel - Director

24 July 2026

Opinion

We have audited the financial statements of Nilvip Holdings Limited (the 'parent company') and its subsidiaries (the 'group') for the year ended 31 July 2025 which comprise the Consolidated Income Statement, Consolidated Balance Sheet, Company Balance Sheet and 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 31 July 2025 and of the group's profit for the year 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; or

-	the directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemption from the requirement to prepare a Group Strategic Report or in preparing the Report of the Directors.

Responsibilities of directors

As explained more fully in the Statement of Directors' Responsibilities set out on page three, 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:

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

- the engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations;

- we identified the laws and regulations applicable to the company through discussions with directors and other management, and from our commercial knowledge and experience of the company and sector in which it operates;

- we focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, including the Companies Act 2006, taxation legislation, employment, environmental and health and safety legislation;

- we assessed th extent of compliance with the laws and regulations identified above through making enquiries of

management and inspecting legal correspondence; and

- identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit.

We assessed the susceptibility of the company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

- making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; and

- considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.

To address the risk of fraud through management bias and override of controls, we:

- performed analytical procedures to identify any unusual or unexpected relationships;

- assessed whether judgements and assumptions made in determining the accounting estimates set out in the Accounting Policies were indicative of potential bias; and

- investigated the rationale behind significant or unusual transactions.

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

- agreeing financial statement disclosures to underlying supporting documentation;

- enquiring of management as to actual and potential litigation and claims; and

- reviewing correspondence with HMRC, relevant regulators and the company's legal advisors.

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.

Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

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.

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.

Tejinder Saran (Senior Statutory Auditor)

for and on behalf of Accumen Business Consultancy Limited

Coventry University

Technology Park

Puma Way

Coventry

CV1 2TT

24 July 2026

TURNOVER

2,257,162

3,185,523

Cost of sales

254,743

296,775

GROSS PROFIT

2,002,419

2,888,748

Distribution costs

64,746

-

Administrative expenses

1,982,846

2,146,224

2,047,592

2,146,224

(45,173

)

742,524

Other operating income

621,998

318,113

OPERATING PROFIT

5

576,825

1,060,637

Gain/loss on revaluation of investment property

-

(95,000

)

576,825

965,637

Interest payable and similar expenses

346,581

352,578

PROFIT BEFORE TAXATION

230,244

613,059

Tax on profit

(142,162

)

378,094

PROFIT FOR THE FINANCIAL YEAR

372,406

234,965

Profit attributable to:

Owners of the parent

372,406

234,965

FIXED ASSETS

Intangible assets

8

-

-

Tangible assets

9

17,773,108

16,830,516

Investments

10

-

-

Investment property

11

4,270,000

4,270,000

22,043,108

21,100,516

CURRENT ASSETS

Stocks

4,000

4,000

Debtors

12

548,945

202,198

Cash at bank and in hand

102,679

638,261

655,624

844,459

CREDITORS

Amounts falling due within one year

13

4,851,968

3,671,663

NET CURRENT LIABILITIES

(4,196,344

)

(2,827,204

)

TOTAL ASSETS LESS CURRENT LIABILITIES

17,846,764

18,273,312

CREDITORS

Amounts falling due after more than one year

14

(2,086,423

)

(2,366,906

)

PROVISIONS FOR LIABILITIES

(1,173,127

)

(1,129,598

)

NET ASSETS

14,587,214

14,776,808

CAPITAL AND RESERVES

Called up share capital

3,397,000

2,397,000

Revaluation reserve

15

4,883,472

4,883,472

Capital redemption reserve

698,500

-

Fair value reserve

15

1,985,463

1,985,463

Retained earnings

3,622,779

5,510,873

SHAREHOLDERS' FUNDS

14,587,214

14,776,808

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 24 July 2026 and were signed on its behalf by:

M Nilesh Nautamlal Patel - Director

FIXED ASSETS

Intangible assets

8

-

-

Tangible assets

9

-

-

Investments

10

1,795,007

1,795,007

Investment property

11

-

-

1,795,007

1,795,007

CURRENT ASSETS

Debtors

12

10,495,315

9,474,654

Cash at bank

12,451

84,183

10,507,766

9,558,837

CREDITORS

Amounts falling due within one year

13

3,987,341

2,939,458

NET CURRENT ASSETS

6,520,425

6,619,379

TOTAL ASSETS LESS CURRENT LIABILITIES

8,315,432

8,414,386

CREDITORS

Amounts falling due after more than one year

14

2,076,423

2,281,906

NET ASSETS

6,239,009

6,132,480

CAPITAL AND RESERVES

Called up share capital

3,397,000

2,397,000

Capital redemption reserve

698,500

-

Retained earnings

2,143,509

3,735,480

SHAREHOLDERS' FUNDS

6,239,009

6,132,480

Company's profit for the financial year

668,529

196,269

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 24 July 2026 and were signed on its behalf by:

M Nilesh Nautamlal Patel - Director

1.	STATUTORY INFORMATION

Nilvip 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.	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

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Basis of consolidation

The consolidated financial statements consolidate the financial statements of the company and its subsidiary undertakings drawn up to 31 July 2025.

A subsidiary is an entity controlled by the company. Control is achieved where the company has the power to govern the financial and operating policies of an entity so as to obtain benefits from its activities.

The results of subsidiaries acquired or disposed of during the year are included in the Profit and Loss Account from the effective date of acquisition or up to the effective date of disposal, as appropriate. Where necessary, adjustments are made to the financial statements of subsidiaries to bring their accounting policies into line with those used by the group.

The purchase method of accounting is used to account for business combinations that result in the acquisition of subsidiaries by the group. The cost of a business combination is measured as the fair value of the assets given, equity instruments issued and liabilities incurred or assumed at the date of exchange, plus costs directly attributable to the business combination. Identifiable assets acquired and liabilities and contingent liabilities assumed in a business combination are measured initially at their fair values at the acquisition date. Any excess of the cost of the business combination over the acquirer’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities recognised is recorded as goodwill.

Inter-company transactions, balances and unrealised gains on transactions between the company and its subsidiaries, which are related parties, are eliminated in full.

Intra-group losses are also eliminated but may indicate an impairment that requires recognition in the consolidated financial statements.

Accounting policies of subsidiaries have been changed where necessary to ensure consistency with the policies adopted by the group.

Revenue recognition

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

Turnover is recognised at the fair value of the consideration received or receivable for hotel accommodation and other related services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts,settlement discounts and volume rebates. Revenue is recognised at the time of hotel stay and restaurant visit by guests.

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the group’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

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.

Tangible fixed assets

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

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and

subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and

installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Land and buildings - Nil

Plant and machinery - Straight line over 20 years, and straight line over 4 years

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate

determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

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 year 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 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.

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.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below.

These policies have been consistently applied to all the years presented, unless otherwise stated.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are

initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity

shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid

investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of

change in value.Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade

debtors is established when there is objective evidence that the group will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

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

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of

business from suppliers. Accounts payable are classified as current liabilities if the group does not have an

unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve

months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months

after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost

using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing

borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of

transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the group has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the group has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 47 (2024 - 39).

The average number of employees by undertakings that were proportionately consolidated during the year was NIL (2024 - NIL).

5.	OPERATING PROFIT

The operating profit is stated after charging:

31.7.25

31.7.24

as restated

£

£

Depreciation - owned assets

119,511

39,820

6.	INDIVIDUAL INCOME STATEMENT

As permitted by Section 408 of the Companies Act 2006, the Income Statement of the parent company is not presented as part of these financial statements.

7.	PRIOR YEAR ADJUSTMENT

During the year, the directors identified that deferred tax in respect of capital assets had not been recognised in previous financial periods. Accordingly, the comparative figures have been restated to recognise the resulting deferred tax liability. This has been accounted for as a prior period adjustment, and the comparative balances have been amended to reflect the correction of this error.

8.	INTANGIBLE FIXED ASSETS

Group

Goodwill

£

COST

At 1 August 2024

and 31 July 2025

1,888,953

AMORTISATION

At 1 August 2024

and 31 July 2025

1,888,953

NET BOOK VALUE

At 31 July 2025

-

At 31 July 2024

-

9.	TANGIBLE FIXED ASSETS

Group

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 August 2024

16,466,989

907,032

17,374,021

Additions

-

1,062,103

1,062,103

At 31 July 2025

16,466,989

1,969,135

18,436,124

DEPRECIATION

At 1 August 2024

-

543,505

543,505

Charge for year

-

119,511

119,511

At 31 July 2025

-

663,016

663,016

NET BOOK VALUE

At 31 July 2025

16,466,989

1,306,119

17,773,108

At 31 July 2024

16,466,989

363,527

16,830,516

10.	FIXED ASSET INVESTMENTS

Company

Shares in

group

undertakings

£

COST

At 1 August 2024

and 31 July 2025

1,795,007

NET BOOK VALUE

At 31 July 2025

1,795,007

At 31 July 2024

1,795,007

11.	INVESTMENT PROPERTY

Group

Total

£

FAIR VALUE

At 1 August 2024

and 31 July 2025

4,270,000

NET BOOK VALUE

At 31 July 2025

4,270,000

At 31 July 2024

4,270,000

12.

DEBTORS

Group

Company

31.7.25

31.7.24

31.7.25

31.7.24

as restated

as restated

£

£

£

£

Amounts falling due within one year:

Trade debtors

499,837

118,652

-

-

Other debtors

49,108

83,546

-

-

548,945

202,198

-

-

Amounts falling due after more than one year:

Amounts owed by group undertakings

-

-

10,495,315

9,474,654

Aggregate amounts

548,945

202,198

10,495,315

9,474,654

13.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Group

Company

31.7.25

31.7.24

31.7.25

31.7.24

as restated

as restated

£

£

£

£

Bank loans and overdrafts

3,072,754

2,721,042

3,072,754

2,721,042

Trade creditors

240,358

126,080

95,100

-

Taxation and social security

247,439

379,557

74,037

97,162

Other creditors

1,291,417

444,984

745,450

121,254

4,851,968

3,671,663

3,987,341

2,939,458

14.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

Group

Company

31.7.25

31.7.24

31.7.25

31.7.24

as restated

as restated

£

£

£

£

Bank loans

2,076,423

2,281,906

2,076,423

2,281,906

Trade creditors

-

75,000

-

-

Other creditors

10,000

10,000

-

-

2,086,423

2,366,906

2,076,423

2,281,906

15.

RESERVES

Group

Fair

Revaluation

value

reserve

reserve

Totals

£

£

£

At 1 August 2024

and 31 July 2025

4,883,472

1,985,463

6,868,935

During the year, 500 ordinary shares of £1 each and 6,980 preference shares of £100 each were purchased back by the company. As a result, a capital redemption reserve of £698,500 arose.