ACCOUNTS - Final Accounts preparation

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

Registered number: 08356072

STRUKTA GROUP LIMITED

GROUP ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

STRUKTA GROUP LIMITED

COMPANY INFORMATION

Directors	Adrian Diffey
	Benjamin Diffey
	Kevin Diffey
	Mark Diffey
	Lauren James Moggach
	Myles Stuart Moggach
	Piers Moggach


Registered number	08356072


Registered office	36 Walworth Road
	Andover
	Hampshire
	SP10 5LH


Independent auditors	Clifford Fry & Co LLP (Statutory auditors)
	St Mary's House
	Netherhampton
	Salisbury
	Wiltshire
	SP2 8PU

STRUKTA GROUP LIMITED

CONTENTS

	Page
Group strategic report	1 - 2
Directors' report	3 - 4
Independent auditors' report	5 - 9
Consolidated statement of income and retained earnings	10
Consolidated balance sheet	11 - 12
Company balance sheet	13 - 14
Consolidated statement of changes in equity	15 - 16
Company statement of changes in equity	17 - 18
Consolidated statement of cash flows	19 - 20
Consolidated analysis of net debt	21
Notes to the financial statements	22 - 42

STRUKTA GROUP LIMITED

GROUP STRATEGIC REPORT

FOR THE YEAR ENDED 31 DECEMBER 2025

Review of the business

Industry data indicates that new housing completions remained subdued through 2025, with only marginal improvement expected into 2026 as legacy project pipelines work through. However, new planning consents and housing starts have begun to recover, signalling improved activity levels in outer years (2027–2028).

Against this backdrop, the Group continued to demonstrate resilience. Our performance reflects the continued trust customers place in us to keep projects moving, enabling us to increase market share despite constrained underlying volumes.

The Group responded with disciplined cost control, continued focus on value-added product mix, and operational efficiency improvements. These actions ensured the business remained profitable and cash generative, while maintaining service levels and customer responsiveness.

Business Performance

2025 2024

Revenue £29.72M £30.96M
Gross Profit Margin 30% 30%
EBITDA £2.6M £2.9M
EBITDA % 8.7% 9.4%

Governance & Structure

The Group maintains a clear governance framework to support decision-making and accountability. The Board, chaired by the CEO, meets regularly and includes non-executive input to provide independent oversight, strategic challenge, risk management and governance processes.

Operational Excellence

Operational excellence remains a core focus of the Group. We continue to operate within ISO-certified systems, underpinned by a culture of continuous improvement and accountability.

Outlook and Opportunities

The Group enters the 2026 financial year with a strong forward secured order position.

While near-term construction volumes are expected to remain below historic highs, the UK continues to face a structural housing shortage, underpinning long-term demand. Government housing targets remain in place, with ongoing policy focus on delivery.

The Group is well-positioned due to its strong regional presence across Southern England, its diverse customer base and its ability to respond quickly to changing customer demand.

Page 1

STRUKTA GROUP LIMITED

GROUP STRATEGIC REPORT (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

This report was approved by the board on 29 July 2026 and signed on its behalf.

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

Adrian Diffey

Director

Page 2

STRUKTA GROUP LIMITED

DIRECTORS' REPORT

FOR THE YEAR ENDED 31 DECEMBER 2025

The directors present their report and the financial statements for the year ended 31 December 2025.

Directors' responsibilities statement

The directors are responsible for preparing the Group strategic report, the Directors' report and the consolidated 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 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 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 for the Group'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 Group will continue in business.

The directors are 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 the Group and to 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.

Results and dividends

The profit for the year, after taxation, amounted to £1,330,290 (2024 - £1,505,984).

The directors have paid dividends of £1,289,999 (2024 - £1,549,990).

Directors

The directors who served during the year and their interests in the Group's issued share capital were:

Ordinary shares

of £1 each

Ordinary 'A' shares

of £1 each

	31/12/25	1/1/25	31/12/25	1/1/25
Adrian Diffey	11,750	11,750	1	1
Benjamin Diffey	6,250	6,250	1	1
Kevin Diffey	6,250	6,250	1	1
Mark Diffey	6,250	6,250	1	1
Lauren James Moggach	5,500	5,500	1	1
Myles Stuart Moggach	5,500	5,500	1	1
Piers Moggach	5,500	5,500	1	1

Page 3

STRUKTA GROUP LIMITED

DIRECTORS' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

Disclosure of information to auditors

Each of the persons who are directors at the time when this Directors' report is approved has confirmed that:

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

∙the director 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 and the Group's auditors are aware of that information.

Auditors

The auditors, Clifford Fry & Co LLP (Statutory auditors), will be proposed for reappointment in accordance with section 485 of the Companies Act 2006.

This report was approved by the board on 29 July 2026 and signed on its behalf.

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

Adrian Diffey

Director

Page 4

STRUKTA GROUP LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF STRUKTA GROUP LIMITED

Opinion

We have audited the financial statements of Strukta Group Limited (the 'Parent Company') and its subsidiaries (the 'Group') for the year ended 31 December 2025, which comprise the Consolidated statement of income and retained earnings, the Consolidated analysis of net debt, the Consolidated balance sheet, the Company balance sheet, the Consolidated statement of cash flows, the Consolidated statement of changes in equity, the Company 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 Group's and of the Parent Company's affairs as at 31 December 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 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 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 or 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.

Page 5

STRUKTA GROUP LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF STRUKTA GROUP LIMITED (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 directors are 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 Group strategic report and the Directors' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

∙the Group strategic report and the Directors' 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 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 Directors' 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 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.

Page 6

STRUKTA GROUP LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF STRUKTA GROUP LIMITED (CONTINUED)

Responsibilities of directors

As explained more fully in the Directors' responsibilities statement set out on page 3, 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 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 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.

Page 7

STRUKTA GROUP LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF STRUKTA GROUP LIMITED (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 Group 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:

We gained an understanding of the legal and regulatory framework applicable to the Company and the industry in which it operates, including obtaining details on how they identify and comply with laws and regulations and whether they were aware of any non-compliance, how they detect and respond to the risks of fraud and whether they have knowledge of any actual, suspected or alleged fraud, and finally the controls they have in order to mitigate risks of fraud or non-compliance with laws and regulations.

We designed audit procedures to respond to the risk, recognising that the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, intentional misrepresentations.

As a result of these procedures, we considered the opportunities and incentives that may exist within the
organisation for fraud and identified the greatest potential for fraud in the following areas: revenue and profit
recognition.

We focussed on laws and regulations which could give rise to a material misstatement in the financial statements, including, but not limited to, the Companies Act 2006 and UK tax legislation. Our tests included agreeing the financial statement disclosures to underlying supporting documentation, performing analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud, reviewing minutes of meetings and enquiries with management.

We did not identify any key audit matters relating to irregularities, including fraud. As in all our audits, we also addressed the risk of management override of internal controls, including testing journals and evaluating whether there was evidence of bias by the directors that represented a risk of material misstatement due to fraud.

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 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.

Page 8

STRUKTA GROUP LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF STRUKTA GROUP LIMITED (CONTINUED)

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.

Simon Allenby FCA (Senior statutory auditor)

for and on behalf of

Clifford Fry & Co LLP (Statutory auditors)

St Mary's House

Netherhampton

Salisbury

Wiltshire

SP2 8PU

29 July 2026

Page 9

STRUKTA GROUP LIMITED

CONSOLIDATED STATEMENT OF INCOME AND RETAINED EARNINGS

FOR THE YEAR ENDED 31 DECEMBER 2025

	2025	2024
Note	£	£


Turnover	4	29,717,242	30,962,919
Cost of sales		(20,824,435)	(21,821,649)
Gross profit		8,892,807	9,141,270
Administrative expenses		(6,945,513)	(6,975,260)
Other operating income	5	-	48,195
Operating profit	6	1,947,294	2,214,205
Interest receivable and similar income	10	58,599	66,573
Interest payable and similar expenses	11	(124,859)	(185,840)
Profit before tax		1,881,034	2,094,938
Tax on profit	12	(550,744)	(588,954)
Profit after tax		1,330,290	1,505,984



Retained earnings at the beginning of the year		4,414,348	4,458,354
Profit for the year attributable to the owners of the Parent Company		1,330,290	1,505,984
Dividends declared and paid	13	(1,289,999)	(1,549,990)
Retained earnings at the end of the year		4,454,639	4,414,348

Non-controlling interest at the end of the year

The notes on pages 22 to 42 form part of these financial statements.

Page 10

STRUKTA GROUP LIMITED

REGISTERED NUMBER: 08356072

CONSOLIDATED BALANCE SHEET

AS AT 31 DECEMBER 2025

		2025		2024
Note		£		£

Fixed assets
Intangible assets	14		1,551,403		1,773,032
Tangible assets	15		1,427,948		1,636,257
			2,979,351		3,409,289
Current assets
Stocks	17	2,970,097		2,955,458
Debtors: amounts falling due within one year	18	3,329,158		3,628,021
Cash at bank and in hand	19	1,524,910		1,995,715
		7,824,165		8,579,194
Creditors: amounts falling due within one year	20	(4,518,654)		(5,069,120)
Net current assets			3,305,511		3,510,074
Total assets less current liabilities			6,284,862		6,919,363
Creditors: amounts falling due after more than one year	21		(1,144,263)		(1,779,066)
Provisions for liabilities
Deferred taxation	25	(294,230)		(334,219)
			(294,230)		(334,219)
Net assets excluding pension asset			4,846,369		4,806,078
Net assets			4,846,369		4,806,078

Capital and reserves
Called up share capital	26	52,641	52,641
Other reserves	27	339,089	339,089
Profit and loss account	27	4,454,639	4,414,348
Equity attributable to owners of the Parent Company		4,846,369	4,806,078
		4,846,369	4,806,078

Page 11

STRUKTA GROUP LIMITED

REGISTERED NUMBER: 08356072

CONSOLIDATED 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 29 July 2026.

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

Adrian Diffey

Director

The notes on pages 22 to 42 form part of these financial statements.

Page 12

STRUKTA GROUP LIMITED

REGISTERED NUMBER: 08356072

COMPANY BALANCE SHEET

AS AT 31 DECEMBER 2025

		2025		2024
Note		£		£

Fixed assets
Intangible assets	14		1,551,403		1,773,032
Tangible assets	15		1,427,948		1,636,257
Investments	16		301,001		301,001
			3,280,352		3,710,290
Current assets
Stocks	17	2,970,097		2,955,458
Debtors: amounts falling due within one year	18	3,329,157		3,628,021
Cash at bank and in hand	19	1,524,910		1,995,714
		7,824,164		8,579,193
Creditors: amounts falling due within one year	20	(4,819,654)		(5,370,120)
Net current assets			3,004,510		3,209,073
Total assets less current liabilities			6,284,862		6,919,363

Creditors: amounts falling due after more than one year	21		(1,144,263)		(1,779,066)
Provisions for liabilities
Deferred taxation	25	(294,230)		(334,219)
			(294,230)		(334,219)
Net assets			4,846,369		4,806,078

Capital and reserves
Called up share capital	26		52,641		52,641
Other reserves	27		339,089		339,089
Profit and loss account brought forward		4,414,348		4,458,354
Profit for the year		1,330,290		1,505,984
Other changes in the profit and loss account		(1,289,999)		(1,549,990)
Profit and loss account carried forward			4,454,639		4,414,348
			4,846,369		4,806,078

Page 13

STRUKTA GROUP LIMITED

REGISTERED NUMBER: 08356072

COMPANY 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 29 July 2026.

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

Adrian Diffey

Director

The notes on pages 22 to 42 form part of these financial statements.

Page 14

STRUKTA GROUP LIMITED

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 DECEMBER 2025

	Called up share capital	Other reserves	Profit and loss account	Total equity
	£	£	£	£
At 1 January 2025	52,641	339,089	4,414,348	4,806,078
Comprehensive income for the year
Profit for the year	-	-	1,330,290	1,330,290
Total comprehensive income for the year	-	-	1,330,290	1,330,290
Contributions by and distributions to owners
Dividends: Equity capital	-	-	(1,289,999)	(1,289,999)
Total transactions with owners	-	-	(1,289,999)	(1,289,999)
At 31 December 2025	52,641	339,089	4,454,639	4,846,369

The notes on pages 22 to 42 form part of these financial statements.

Page 15

STRUKTA GROUP LIMITED

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 DECEMBER 2024

	Called up share capital	Other reserves	Profit and loss account	Total equity
	£	£	£	£
At 1 January 2024	52,641	339,089	4,458,354	4,850,084
Comprehensive income for the year
Profit for the year	-	-	1,505,984	1,505,984
Total comprehensive income for the year	-	-	1,505,984	1,505,984
Contributions by and distributions to owners
Dividends: Equity capital	-	-	(1,549,990)	(1,549,990)
Total transactions with owners	-	-	(1,549,990)	(1,549,990)
At 31 December 2024	52,641	339,089	4,414,348	4,806,078

The notes on pages 22 to 42 form part of these financial statements.

Page 16

STRUKTA GROUP LIMITED

COMPANY STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 DECEMBER 2025

	Called up share capital	Other reserves	Profit and loss account	Total equity
	£	£	£	£
At 1 January 2025	52,641	339,089	4,414,348	4,806,078
Comprehensive income for the year
Profit for the year	-	-	1,330,290	1,330,290
Total comprehensive income for the year	-	-	1,330,290	1,330,290
Contributions by and distributions to owners
Dividends: Equity capital	-	-	(1,289,999)	(1,289,999)
Total transactions with owners	-	-	(1,289,999)	(1,289,999)
At 31 December 2025	52,641	339,089	4,454,639	4,846,369

The notes on pages 22 to 42 form part of these financial statements.

Page 17

STRUKTA GROUP LIMITED

COMPANY STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 DECEMBER 2024

	Called up share capital	Other reserves	Profit and loss account	Total equity
	£	£	£	£
At 1 January 2024	52,641	339,089	4,458,354	4,850,084
Comprehensive income for the year
Profit for the year	-	-	1,505,984	1,505,984
Total comprehensive income for the year	-	-	1,505,984	1,505,984
Contributions by and distributions to owners
Dividends: Equity capital	-	-	(1,549,990)	(1,549,990)
Total transactions with owners	-	-	(1,549,990)	(1,549,990)
At 31 December 2024	52,641	339,089	4,414,348	4,806,078

The notes on pages 22 to 42 form part of these financial statements.

Page 18

STRUKTA GROUP LIMITED

CONSOLIDATED STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED 31 DECEMBER 2025

			2025	2024
			£	£

Cash flows from operating activities
Profit for the financial year	1,330,290	1,505,984
Adjustments for:
Amortisation of intangible assets	221,629	221,629
Depreciation of tangible assets	444,127	487,128
Loss on disposal of tangible assets	56,885	34,612
Interest paid	124,859	185,840
Interest received	(58,599)	(66,573)
Taxation charge	550,744	588,954
(Increase) in stocks	(14,639)	(218,628)
Decrease in debtors	298,863	203,380
(Decrease) in creditors	(461,954)	(899,346)
Corporation tax (paid)	(469,075)	(575,357)
Net cash generated from operating activities	2,023,130	1,467,623

Cash flows from investing activities
Purchase of tangible fixed assets	(325,815)	(540,336)
Sale of tangible fixed assets	33,112	45,573
Interest received	58,599	66,573
HP interest paid	(19,911)	(27,913)
Net cash from investing activities	(254,015)	(456,103)

Page 19

STRUKTA GROUP LIMITED

CONSOLIDATED STATEMENT OF CASH FLOWS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

		2025	2024
		£	£


Cash flows from financing activities
Repayment of loans	(182,038)	(167,534)
Repayment of long term director's loans	(399,837)	(711,414)
Repayment of/new finance leases	(146,641)	377
Short term loans repaid to directors	(116,457)	-
Dividends paid	(1,289,999)	(1,549,990)
Interest paid	(104,948)	(157,927)
Net cash used in financing activities	(2,239,920)	(2,586,488)
Net (decrease) in cash and cash equivalents	(470,805)	(1,574,968)
Cash and cash equivalents at beginning of year	1,995,715	3,570,683
Cash and cash equivalents at the end of year	1,524,910	1,995,715

Cash and cash equivalents at the end of year comprise:
Cash at bank and in hand	1,524,910	1,995,715
	1,524,910	1,995,715

The notes on pages 22 to 42 form part of these financial statements.

Page 20

STRUKTA GROUP LIMITED

CONSOLIDATED ANALYSIS OF NET DEBT

FOR THE YEAR ENDED 31 DECEMBER 2025


At 1 January 2025	Cash flows	At 31 December 2025
£	£	£

Cash at bank and in hand	1,995,715	(470,805)	1,524,910
Debt due after 1 year	(1,565,342)	596,546	(968,796)
Debt due within 1 year	(517,998)	101,786	(416,212)
Finance leases	(507,030)	146,641	(360,389)
	(594,655)	374,168	(220,487)

The notes on pages 22 to 42 form part of these financial statements.

Page 21

STRUKTA GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1.	General information

Strukta Group Limited was incorporated and registered in England & Wales and is a private group limited by share capital. The Group is primarily involved in the sale of building products to the construction industry.

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 Group management to exercise judgement in applying the Group's accounting policies (see note 3).

The Company has taken advantage of the exemption allowed under section 408 of the Companies Act 2006 and has not presented its own Statement of income and retained earnings in these financial statements.

The following principal accounting policies have been applied:

2.2

Basis of consolidation

The consolidated financial statements present the results of the Company and its own subsidiaries ("the Group") as if they form a single entity. Intercompany transactions and balances between group companies are therefore eliminated in full.

The consolidated financial statements incorporate the results of business combinations using the purchase method. In the Balance sheet, the acquiree's identifiable assets, liabilities and contingent liabilities are initially recognised at their fair values at the acquisition date. The results of acquired operations are included in the Consolidated statement of income and retained earnings from the date on which control is obtained. They are deconsolidated from the date control ceases.

In accordance with the transitional exemption available in FRS 102, the Group has chosen not to retrospectively apply the standard to business combinations that occurred before the date of transition to FRS 102, being 01 December 2014.

Page 22

STRUKTA GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.3

Foreign currency translation

Functional and presentation currency

The Group's functional and presentational currency is GBP and rounded to the nearest £.

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.

2.4

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Group and the revenue can be reliably measured. Revenue 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 revenue is recognised:

Sale of goods

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

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

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

∙the amount of revenue can be measured reliably;

∙it is probable that the Group 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.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Group will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

Page 23

STRUKTA GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.5

Operating leases: the Group as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

2.6

Leased assets: the Group as lessee

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to profit or loss so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

2.7

Interest income

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

2.8

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.

2.9

Borrowing costs

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

2.10

Pensions

Defined contribution pension plan

The Group operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Group pays fixed contributions into a separate entity. Once the contributions have been paid the Group 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 Group in independently administered funds.

Page 24

STRUKTA GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.11

Current and deferred taxation

The tax expense for the year 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 and the Group operate and generate 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;

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

∙Where they relate to timing differences in respect of interests in subsidiaries, associates, branches and joint ventures and the Group can control the reversal of the timing differences and such reversal is not considered probable in the foreseeable future.

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.

2.12

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of the Group's share of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Consolidated statement of income and retained earnings over its useful economic life.

Other 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.

Page 25

STRUKTA GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.13

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 and straight line basis.

Depreciation is provided on the following basis:

Leasehold property improvements	-	over the term of the lease, 9 - 10 years
Plant and machinery	-	20% reducing balance
Motor vehicles	-	25% reducing balance
Office equipment	-	20% reducing balance
Computer equipment	-	33% straight line

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.

2.14

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.15

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. Work in progress and finished goods include labour and attributable overheads.

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.

2.16

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.

Page 26

STRUKTA GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.17

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.

In the Consolidated statement of cash flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the Group's cash management.

2.18

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.

2.19

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.

2.20

Financial instruments

The Group has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

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 Group's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

2.21

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 27

STRUKTA GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

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

The directors do not believe that the financial statements are materially impacted by their use of judgements.

Sale of goods	29,717,242	30,962,919
	29,717,242	30,962,919

All turnover arose within the United Kingdom.

5.	Other operating income
		2025	2024
		£	£

Sundry income	-	48,195
	-	48,195

	Exchange differences	5,231	1,981
	Other operating lease rentals	911,328	865,040

Page 28

STRUKTA GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Fees payable to the Company's auditors for the audit of the consolidated and parent Company's financial statements	23,625	23,575
Fees payable to the Company's auditors in respect of:
All non-audit services not included above	17,339	16,949

8.	Employees
	Staff costs, including directors' remuneration, were as follows:

Group	Group	Company	Company
2025	2024	2025	2024
£	£	£	£


Wages and salaries	4,899,151	4,638,766	4,899,151	4,638,766
Social security costs	556,599	460,526	556,599	460,526
Cost of defined contribution scheme	59,865	56,750	59,865	56,750
	5,515,615	5,156,042	5,515,615	5,156,042

The average monthly number of employees, including the directors, during the year was as follows:

	Group	Group	Company	Company
	2025	2024	2025	2024
	No.	No.	No.	No.

Employees	128	127	128	127

9.	Directors' remuneration
		2025	2024
		£	£

Directors' emoluments	88,200	88,200
	88,200	88,200

Page 29

STRUKTA GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

10.	Interest receivable
		2025	2024
		£	£

	Other interest receivable	58,599	66,573
		58,599	66,573

11.	Interest payable and similar expenses
		2025	2024
		£	£

Bank interest payable	36,301	52,028
Other loan interest payable	4,977	23,048
Finance leases and hire purchase contracts	19,911	27,913
Other interest payable	63,670	82,851
	124,859	185,840

Corporation tax
Current tax on profits for the year	590,733	576,882

	Deferred tax
	Origination and reversal of timing differences		(39,989)	12,072


	Tax on profit		550,744	588,954

Page 30

STRUKTA GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

12.Taxation (continued)

Profit on ordinary activities before tax

1,881,034

2,094,938

Profit on ordinary activities multiplied by standard rate of corporation tax in the UK of 25% (2024 - 25%)	470,259	523,735
Effects of:
Non-tax deductible amortisation of goodwill and impairment	55,407	55,407
Expenses not deductible for tax purposes, other than goodwill amortisation and impairment	25,078	9,812
Capital allowances for year in excess of depreciation	(39,989)	(12,072)
Other timing differences leading to an increase (decrease) in taxation	39,989	12,072
Total tax charge for the year	550,744	588,954

Factors that may affect future tax charges

There were no factors that may affect future tax charges.

13.	Dividends
		2025	2024
		£	£

Dividends paid on Ordinary shares	800,000	1,096,000
Dividends paid on Preference shares	50,000	50,000
Dividends paid on Ordinary A shares	427,999	392,751
Dividends paid on Ordinary B shares	12,000	11,239
	1,289,999	1,549,990

Page 31

STRUKTA GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

14.	Intangible assets
	Group

		Goodwill
		£
	Cost
	At 1 January 2025	6,033,709
	At 31 December 2025	6,033,709
	Amortisation
	At 1 January 2025	4,260,677
	Charge for the year on owned assets	221,629
	At 31 December 2025	4,482,306
	Net book value
	At 31 December 2025	1,551,403
	At 31 December 2024	1,773,032

Page 32

STRUKTA GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

14.Intangible assets (continued)

	Company

		Goodwill
		£
	Cost
	At 1 January 2025	6,033,709
	At 31 December 2025	6,033,709
	Amortisation
	At 1 January 2025	4,260,677
	Charge for the year	221,629
	At 31 December 2025	4,482,306
	Net book value
	At 31 December 2025	1,551,403
	At 31 December 2024	1,773,032

Page 33

STRUKTA GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

15.	Tangible fixed assets
	Group and Company

	Leasehold improve - ments	Plant and machinery	Motor vehicles	Computer & office equipment	Total
	£	£	£	£	£
Cost or valuation
At 1 January 2025	840,573	543,711	1,528,316	222,011	3,134,611
Additions	33,825	37,160	225,756	29,074	325,815
Disposals	-	-	(311,608)	-	(311,608)
At 31 December 2025	874,398	580,871	1,442,464	251,085	3,148,818
Depreciation
At 1 January 2025	351,466	261,454	727,429	158,005	1,498,354
Charge for the year on owned assets	81,384	39,683	118,243	44,369	283,679
Charge for the year on financed assets	-	24,200	136,248	-	160,448
Disposals	-	-	(221,611)	-	(221,611)
At 31 December 2025	432,850	325,337	760,309	202,374	1,720,870
Net book value
At 31 December 2025	441,548	255,534	682,155	48,711	1,427,948
At 31 December 2024	489,107	282,257	800,887	64,006	1,636,257

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:
	2025	2024
	£	£


Plant and machinery	96,798	161,684
Motor vehicles	408,726	601,462
	505,524	763,146

Page 34

STRUKTA GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

16.	Fixed asset investments

	Company

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 January 2025	301,001
	At 31 December 2025	301,001

	Net book value
	At 31 December 2025	301,001
	At 31 December 2024	301,001

Subsidiary undertakings
The following were subsidiary undertakings of the Company:
Name	Registered office	Class of shares	Holding

Strukta (Taunton) Limited	36 Walworth Road, Andover, Hampshire, SP10 5LH	Ordinary	100%
Tycon Group Limited	36 Walworth Road, Andover, Hampshire, SP10 5LH	Ordinary	100%
SNS Building Products Limited	36 Walworth Road, Andover, Hampshire, SP10 5LH	Ordinary	100%

Strukta (Taunton) Limited, Tycon Group Limited and SNS Building Products Limited are all dormant companies with the same year end as Strukta Group Limited.

All three subsidiaries are exempt from the requirements of the Companies Act 2006 relating to the audit of its individual accounts by virtue of section 479A.

Page 35

STRUKTA GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Subsidiary undertakings (continued)

	The aggregate of the share capital and reserves as at 31 December 2025 and the profit or loss for the year ended on that date for the subsidiary undertakings was as follows:
	Name	Aggregate of share capital and reserves
		£

	Strukta (Taunton) Limited	250,000
	Tycon Group Limited	1
	SNS Building Products Limited	51,000

17.	Stocks
		Group	Group	Company	Company
		2025	2024	2025	2024
		£	£	£	£

Finished goods and goods for resale	2,970,097	2,955,458	2,970,097	2,955,458
	2,970,097	2,955,458	2,970,097	2,955,458

18.

Debtors

Group	Group	Company	Company
2025	2024	2025	2024
£	£	£	£


Trade debtors	2,859,915	3,099,402	2,859,915	3,099,402
Other debtors	36,269	55,437	36,268	55,437
Prepayments and accrued income	432,974	473,182	432,974	473,182
	3,329,158	3,628,021	3,329,157	3,628,021

19.	Cash and cash equivalents
		Group	Group	Company	Company
		2025	2024	2025	2024
		£	£	£	£

Cash at bank and in hand	1,524,910	1,995,715	1,524,910	1,995,714
	1,524,910	1,995,715	1,524,910	1,995,714

Page 36

STRUKTA GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

20.	Creditors: Amounts falling due within one year
		Group	Group	Company	Company
		2025	2024	2025	2024
		£	£	£	£

Bank loans	197,215	182,544	197,215	182,544
Trade creditors	2,622,011	3,144,906	2,622,011	3,144,906
Amounts owed to group undertakings	-	-	301,000	301,000
Corporation tax	330,240	208,582	330,240	208,582
Other taxation and social security	321,259	374,585	321,259	374,585
Obligations under finance lease and hire purchase contracts	184,922	293,306	184,922	293,306
Other creditors	640,470	722,262	640,470	722,262
Accruals and deferred income	222,537	142,935	222,537	142,935
	4,518,654	5,069,120	4,819,654	5,370,120

Disclosure of the terms and conditions attached to the non-equity shares is made in note 26.

The following liabilities were secured:
	Group	Group	Company	Company
	2025	2024	2025	2024
	£	£	£	£

	Hire purchase contracts	184,922	293,306	184,922	293,306
		184,922	293,306	184,922	293,306

Details of security provided:

The hire purchase contracts are secured on the assets concerned.

Page 37

STRUKTA GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

21.	Creditors: Amounts falling due after more than one year
		Group	Group	Company	Company
		2025	2024	2025	2024
		£	£	£	£

Bank loans	173,044	369,753	173,044	369,753
Other loans	720,752	1,120,589	720,752	1,120,589
Net obligations under finance leases and hire purchase contracts	175,467	213,724	175,467	213,724
Share capital treated as debt	75,000	75,000	75,000	75,000
	1,144,263	1,779,066	1,144,263	1,779,066

Disclosure of the terms and conditions attached to the non-equity shares is made in note 26.

The following liabilities were secured:
	Group	Group	Company	Company
	2025	2024	2025	2024
	£	£	£	£


Hire purchase contracts	175,467	213,724	175,467	213,724
	175,467	213,724	175,467	213,724

Details of security provided:

The hire purchase contracts are secured on the assets concerned.

Page 38

STRUKTA GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

22.	Loans
	Analysis of the maturity of loans is given below:
		Group	Group	Company	Company
		2025	2024	2025	2024
		£	£	£	£

Amounts falling due within one year
Bank loans	197,215	182,544	197,215	182,544
	197,215	182,544	197,215	182,544
Amounts falling due 1-2 years
Bank loans	173,044	369,753	173,044	369,753
Other loans	720,752	1,120,589	720,752	1,120,589
	893,796	1,490,342	893,796	1,490,342


	1,091,011	1,672,886	1,091,011	1,672,886

23.	Hire purchase and finance leases
	Minimum lease payments under hire purchase fall due as follows:
		Group	Group	Company	Company
		2025	2024	2025	2024
		£	£	£	£

Within one year	184,922	293,306	184,922	293,306
Between 1-5 years	175,467	213,724	175,467	213,724
	360,389	507,030	360,389	507,030

Certain plant and machinery and motor vehicles are held under hire purchase arrangements. Hire purchase liabilities are secured by the related assets held under hire purchase. The lease agreements generally include fixed payments and a purchase option at the end of the term.

Page 39

STRUKTA GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

24.	Financial instruments
		Group	Group	Company	Company
		2025	2024	2025	2024
		£	£	£	£

	Financial assets
	Financial assets measured at fair value through profit or loss	1,524,910	1,995,715	1,524,910	1,995,714

Financial assets measured at fair value through profit or loss comprise cash at bank and in hand.

25.	Deferred taxation
	Group

		2025
		£

	At beginning of year	(334,219)
	Charged to profit or loss	39,989
	At end of year	(294,230)

Company

		2025
		£

	At beginning of year	(334,219)
	Charged to profit or loss	39,989
	At end of year	(294,230)

The provision for deferred taxation is made up as follows:
	Group	Group	Company	Company
	2025	2024	2025	2024
	£	£	£	£

	Accelerated capital allowances	(294,230)	(334,219)	(294,230)	(334,219)
		(294,230)	(334,219)	(294,230)	(334,219)

Page 40

STRUKTA GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Allotted, called up and fully paid

50,000 (2024 - 50,000) Ordinary shares of £1 each	50,000	50,000
9 (2024 - 9) Ordinary 'A' shares of £1 each	9	9
2,632 (2024 - 2,632) Ordinary 'B' shares of £1 each	2,632	2,632

	52,641	52,641

	2025	2024
	£	£
Shares classified as debt

Allotted, called up and fully paid

75,000 (2024 - 75,000) Preference shares of £1 each	75,000	75,000

The 75,000 £1 Preference shares bear interest of 5% over base rate over a five year period which commenced in 2021.

27.

Reserves

Merger Reserve

Includes all monies above the nominal value of the shares issued as part of the consideration paid for the
subsidiary company SNS Building Products Limited and the subsequent impairment of the value of this
company due to the hive up within the parent company.

Profit and loss account

Includes all current and prior year retained profits and losses.

28.	Pension commitments

The Group operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the Group in an independently administered fund. The pension cost charge represents contributions payable by the Group to the fund and amounted to £59,865 (2024 - £56,750). Contributions totalling £11,605 (2024 - £11,001) were payable to the fund at the balance sheet date and are included in creditors.

Page 41

STRUKTA GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

29.	Commitments under operating leases
	At 31 December 2025 the Group and the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:
		Group	Group	Company	Company
		2025	2024	2025	2024
		£	£	£	£

Not later than 1 year	705,213	805,942	705,213	805,942
Later than 1 year and not later than 5 years	1,306,934	1,023,609	1,306,934	1,023,609
Later than 5 years	149,874	-	149,874	-
	2,162,021	1,829,551	2,162,021	1,829,551

		Group	Company
		2025	2025
		£	£

Not later than 1 year	42,913	42,913
Later than 1 year and not later than 5 years	33,549	33,549
	76,462	76,462

30.

Related party transactions

During the year the Company paid rent to the following directors for premises which they own and the Company leases from them:-
Adrian Diffey £18,750 (2024 - £18,750)
Mark Diffey £18,750 (2024 - £18,750)
Benjamin Diffey £18,750 (2024 - £18,750)
Kevin Diffey £18,750 (2024 - £18,750) The Company owns 100% of the ordinary shares of Strukta (Taunton) Limited, a dormant company. At the year end Strukta (Taunton) Ltd was owed £250,000 by the Company (2024 - £250,000) included within Creditors.

The Company owns 100% of the ordinary shares of SNS Building Products Limited, a dormant company. At the year end, SNS Building Products was owed £51,000 by the Company (2024 - £51,000) included within Creditors.

Key management personnel compensation during the year was £25,200 (2024 - £25,200).

31.	Controlling party

There is no ultimate controlling party.

Page 42