REGISTERED NUMBER: 01059082 (England and Wales)

Strategic Report, Report of the Directors and

Audited Financial Statements

for the Year Ended 31 December 2025

for

McCann Group Limited

Page

Company Information

1

Strategic Report

2

Report of the Directors

3

Report of the Independent Auditors

4

Statement of Comprehensive Income

7

Balance Sheet

8

Statement of Changes in Equity

9

Notes to the Financial Statements

10

DIRECTORS:

J J McCann

A Cronin

C Lancaster

A Kelsey

S D F Gardiner

SECRETARY:

J J McCann

REGISTERED OFFICE:

McCann House

110 Nottingham Road

Chilwell

Nottinghamshire

NG9 6DQ

REGISTERED NUMBER:

01059082 (England and Wales)

SENIOR STATUTORY AUDITOR:

Doug Perry BA FCA

AUDITORS:

Clayton & Brewill

Statutory Auditors and

Chartered Accountants

Cawley House

149-155 Canal Street

Nottingham

Nottinghamshire

NG1 7HR

This review is intended to be consistent with the size and nature of our business. We aim to present a balanced and comprehensive review of the development and performance of the company during the year to 31st December 2025, its position at year end and an update of events after the balance sheet date, to enable a better understanding by the readers of the accounts, of the company's financial position.

REVIEW OF BUSINESS

The company is the immediate parent company of J McCann & Co Ltd and Peter James Homes Ltd. McCann Group Ltd holds the properties operated by the group. It continues to finance the property purchases and maintains healthy cash flows.

PRINCIPAL RISKS AND UNCERTAINTIES

The company performance is affected by interest rate decisions by the Bank of England and the performance of its trading subsidiaries.

ON BEHALF OF THE BOARD:

J J McCann - Director

30 July 2026

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

DIVIDENDS

The total distribution of dividends for the year ended 31 December 2025 will be £ 496,000 .

FUTURE DEVELOPMENTS

The directors consider that trading conditions will continue in a similar manner to that experienced over this past year.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 January 2025 to the date of this report.

J J McCann

A Cronin

C Lancaster

A Kelsey

S D F Gardiner

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the 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 of the profit or loss of the company 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 transactions and disclose with reasonable accuracy at any time the financial position of the company 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 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 company's auditors are unaware, and each director has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS

The auditors, Clayton & Brewill, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

J J McCann - Director

30 July 2026

Opinion

We have audited the financial statements of McCann Group Limited (the 'company') for the year ended 31 December 2025 which comprise the Statement of Comprehensive Income, Balance Sheet, Statement of Changes in Equity 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 company's affairs as at 31 December 2025 and of its loss 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 company 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 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 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 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 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 company and its environment obtained in the course of the audit, we have not identified material misstatements in the 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, or returns adequate for our audit have not been received from branches not visited by us; or

-	the financial statements are not in agreement with the accounting records and returns; or

-	certain disclosures of directors' remuneration specified by law are not made; or

-	we have not received all the information and explanations we require for our audit.

Responsibilities of directors

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

- Enquiry of management and those charged with governance around actual and potential litigation and claims;

- Reviewing financial statement disclosures and testing to supporting documentation to assess

compliance with applicable laws and regulations;

- Performing audit work over the risk of management override of controls, including testing of journal entries and other adjustments for appropriateness, evaluating the business rationale of significant transactions outside the normal course of business and reviewing accounting estimates for bias;

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

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our 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.

Doug Perry BA FCA (Senior Statutory Auditor)

for and on behalf of Clayton & Brewill

Statutory Auditors and

Chartered Accountants

Cawley House

149-155 Canal Street

Nottingham

Nottinghamshire

NG1 7HR

30 July 2026

TURNOVER

-

120,000

Administrative expenses

40,727

63,762

(40,727

)

56,238

Other operating income

66,796

74,906

OPERATING PROFIT

4

26,069

131,144

Interest receivable and similar income

11

1,482

26,080

132,626

Interest payable and similar expenses

5

300,633

82,515

(LOSS)/PROFIT BEFORE TAXATION

(274,553

)

50,111

Tax on (loss)/profit

6

(5,536

)

(8,567

)

(LOSS)/PROFIT FOR THE FINANCIAL YEAR

(269,017

)

58,678

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

(269,017

)

58,678

FIXED ASSETS

Tangible assets

8

7,399,337

6,250,252

Investments

9

101,100

101,100

7,500,437

6,351,352

CURRENT ASSETS

Debtors

10

14,085,394

14,473,492

Investments

11

66,177

66,177

Cash at bank

1,175,850

1,168,321

15,327,421

15,707,990

CREDITORS

Amounts falling due within one year

12

10,802,941

9,033,077

NET CURRENT ASSETS

4,524,480

6,674,913

TOTAL ASSETS LESS CURRENT LIABILITIES

12,024,917

13,026,265

CREDITORS

Amounts falling due after more than one year

13

(4,438,352

)

(4,669,234

)

PROVISIONS FOR LIABILITIES

16

-

(5,449

)

NET ASSETS

7,586,565

8,351,582

CAPITAL AND RESERVES

Called up share capital

17

1,000

1,000

Revaluation reserve

18

73,153

73,153

Retained earnings

18

7,512,412

8,277,429

SHAREHOLDERS' FUNDS

7,586,565

8,351,582

The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2026 and were signed on its behalf by:

J J McCann - Director

Called up

share

Retained

Revaluation

Total

capital

earnings

reserve

equity

£

£

£

£

Balance at 1 January 2024

1,000

8,689,751

73,153

8,763,904

Changes in equity

Dividends

-

(471,000

)

-

(471,000

)

Total comprehensive income

-

58,678

-

58,678

Balance at 31 December 2024

1,000

8,277,429

73,153

8,351,582

Changes in equity

Dividends

-

(496,000

)

-

(496,000

)

Total comprehensive income

-

(269,017

)

-

(269,017

)

Balance at 31 December 2025

1,000

7,512,412

73,153

7,586,565

1.	STATUTORY INFORMATION

McCann Group Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Financial Reporting Standard 102 - reduced disclosure exemptions

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

•

the requirements of Section 7 Statement of Cash Flows.

Preparation of consolidated financial statements

The financial statements contain information about McCann Group Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertakings are included by full consolidation in the consolidated financial statements of its parent, McCann Holdings Limited, McCann House, 110 Nottingham Road,Beeston, Nottingham, NG9 6DQ.

Turnover

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

Tangible fixed assets

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

Fixtures and fittings

-

10% on cost

Freehold land and properties are held at cost less impairment.

Improvements to property relate to an ongoing project and as such depreciation has not yet been charged.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income, 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.

3.	EMPLOYEES AND DIRECTORS

4.	OPERATING PROFIT

The operating profit is stated after charging:

2025

2024

£

£

Depreciation - owned assets

6,578

6,578

Auditors' remuneration

10,250

8,700

Auditors' remuneration for non audit work

209

397

5.

INTEREST PAYABLE AND SIMILAR EXPENSES

2025

2024

£

£

Bank loan interest

300,568

82,515

HMRC interest

65

-

300,633

82,515

6.

TAXATION

Analysis of the tax credit

The tax credit on the loss for the year was as follows:

2025

2024

£

£

Current tax:

UK corporation tax

-

14,172

Under/(Over) provision of

corporation tax in previous

periods

(87

)

(21,349

)

Total current tax

(87

)

(7,177

)

Deferred tax

(5,449

)

(1,390

)

Tax on (loss)/profit

(5,536

)

(8,567

)

Reconciliation of total tax credit included in profit and loss

The tax assessed for the year is higher than the standard rate of corporation tax in the UK. The difference is explained below:

2025

2024

£

£

(Loss)/profit before tax

(274,553

)

50,111

(Loss)/profit multiplied by the standard rate of corporation tax in the UK of 25% (2024 - 25%)

(68,638

)

12,528

Effects of:

Expenses not deductible for tax purposes

1,932

-

Depreciation in excess of capital allowances

1,644

1,644

Adjustments to tax charge in respect of previous periods

(87

)

(21,349

)

Deferred taxation

(5,449

)

(1,390

)

Group relief

65,062

-

Total tax credit

(5,536

)

(8,567

)

7.

DIVIDENDS

2025

2024

£

£

Interim dividend paid

496,000

471,000

8.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

Freehold

to

and

property

property

fittings

Totals

£

£

£

£

COST OR VALUATION

At 1 January 2025

6,228,323

-

90,895

6,319,218

Additions

-

1,155,663

-

1,155,663

At 31 December 2025

6,228,323

1,155,663

90,895

7,474,881

DEPRECIATION

At 1 January 2025

-

-

68,966

68,966

Charge for year

-

-

6,578

6,578

At 31 December 2025

-

-

75,544

75,544

NET BOOK VALUE

At 31 December 2025

6,228,323

1,155,663

15,351

7,399,337

At 31 December 2024

6,228,323

-

21,929

6,250,252

Included in cost or valuation of land and buildings is freehold land of £ 184,796 (2024 - £ 184,796 ) which is not depreciated.

Cost or valuation at 31 December 2025 is represented by:

Improvements

Fixtures

Freehold

to

and

property

property

fittings

Totals

£

£

£

£

Valuation in 2013

8,915

-

-

8,915

Cost

6,219,408

1,155,663

90,895

7,465,966

6,228,323

1,155,663

90,895

7,474,881

If freehold land and properties had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

787,234

787,234

Value of land in freehold land and buildings

184,796

184,796

Freehold land and buildings were valued on an open market basis on 11 December 2013 by Innes England Chartered Surveyors .

The Directors believe that there has been no change to the value of the investment property since the valuation was performed.

9.	FIXED ASSET INVESTMENTS

Unlisted

investments

£

COST

At 1 January 2025

and 31 December 2025

101,100

NET BOOK VALUE

At 31 December 2025

101,100

At 31 December 2024

101,100

The company's investments at the Balance Sheet date in the share capital of companies include the following:

McCann Developments Limited

Registered office: McCann House, 110 Nottingham Road, Chilwell, Nottinghamshire, NG9 6DQ

Nature of business: Dormant

%

Class of shares:

holding

Ordinary

100.00

2025

2024

£

£

Aggregate capital and reserves

(7,423

)

(7,423

)

McCann Electrical Engineering Limited

Registered office: McCann House, 110 Nottingham Road, Chilwell, Nottinghamshire, NG9 6DQ

Nature of business: Dormant

%

Class of shares:

holding

Ordinary

100.00

2025

2024

£

£

Aggregate capital and reserves

100

100

McCann Civil & Electrical Contracting Limited

Registered office: McCann House, 110 Nottingham Road, Chilwell, Nottinghamshire, NG9 6DQ

Nature of business: Dormant

%

Class of shares:

holding

Ordinary

100.00

2025

2024

£

£

Aggregate capital and reserves

100

100

McCann Civil & Electrical Engineering Limited

Registered office: McCann House, 110 Nottingham Road, Chilwell, Nottinghamshire, NG9 6DQ

Nature of business: Dormant

%

Class of shares:

holding

Ordinary

100.00

2025

2024

£

£

Aggregate capital and reserves

100

100

McCann Civil Contracting Limited

Registered office: McCann House, 110 Nottingham Road, Chilwell, Nottinghamshire, NG9 6DQ

Nature of business: Dormant

%

Class of shares:

holding

Ordinary

100.00

2025

2024

£

£

Aggregate capital and reserves

100

100

McCann Infrastructure Limited

Registered office: McCann House, 110 Nottingham Road, Chilwell, Nottinghamshire, NG9 6DQ

Nature of business: Dormant

%

Class of shares:

holding

Ordinary

100.00

2025

2024

£

£

Aggregate capital and reserves

100

100

McCann Utilities Ltd (previously Civil Engineering, & Group)

Registered office: McCann House, 110 Nottingham Road, Chilwell, Nottinghamshire, NG9 6DQ

Nature of business: Dormant

%

Class of shares:

holding

Ordinary

100.00

2025

2024

£

£

Aggregate capital and reserves

100

100

McCann Hire Ltd (previously Civils)

Registered office: McCann House, 110 Nottingham Road, Chilwell, Nottinghamshire, NG9 6DQ

Nature of business: Dormant

%

Class of shares:

holding

Ordinary

100.00

2025

2024

£

£

Aggregate capital and reserves

100

100

McCann Electrical Contracting Limited

Registered office: McCann House, 110 Nottingham Road, Chilwell, Nottinghamshire, NG9 6DQ

Nature of business: Dormant

%

Class of shares:

holding

Ordinary

100.00

2025

2024

£

£

Aggregate capital and reserves

100

100

J McCann & Co Ltd (previously Construction)

Registered office: McCann House, 110 Nottingham Road, Chilwell, Nottinghamshire, NG9 6DQ

Nature of business: Lighting & electrical contractor

%

Class of shares:

holding

Ordinary

100.00

2025

2024

£

£

Aggregate capital and reserves

5,226,657

3,736,698

Profit for the year

1,489,959

1,123,663

Peter James Homes Limited

Registered office: McCann House, 110 Nottingham Road, Chilwell, Nottinghamshire, NG9 6DQ

Nature of business: Property Development

%

Class of shares:

holding

Ordinary

100.00

2025

2024

£

£

Aggregate capital and reserves

1,244,076

1,570,019

Loss for the year

(325,943

)

(138,857

)