REGISTERED NUMBER: 02196324 (England and Wales)

Straightset Limited

Strategic Report, Report of the Directors and

Financial Statements For The Year Ended 31 December 2025

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

Cash Flow Statement

10

Notes to the Cash Flow Statement

11

Notes to the Financial Statements

12

DIRECTORS:

P Bates

S A Bates

R Bates

J E Blake

SECRETARY:

J E Blake

REGISTERED OFFICE:

Stadium Close

Dukeries Industrial Estate

Claylands Avenue

Worksop

Nottinghamshire

S81 7BT

REGISTERED NUMBER:

02196324 (England and Wales)

AUDITORS:

Kingswood Allotts Limited, Statutory Auditor

Chartered Accountants

Sidings Court

Lakeside

Doncaster

South Yorkshire

DN4 5NU

The directors present their strategic report for the year ended 31 December 2025.

REVIEW OF BUSINESS

The company's principal activity is supply, installation and maintenance of garage equipment. The directors are disappointed with the company's performance for the period ending December 2025, with turnover of £9,210,768 (2024: £10,607,931), generating £215,782 (2024: £482,523) profit before taxation. The market has seen consolidation and reduction in new site developments, but we have worked through the year to reposition the company to drive revenue and margin growth in 2026.

The company continues to be successful in attracting new customers and supporting the existing customer base. The acquisition of the assets of Supertracker Ltd have given us a large incremental customer base for wheel alignment systems and we are seeing growth year on year.

We continue to invest in internal systems, processes and infrastructure to provide the best possible service to our customers. We have also increased our investment in training and development of internal staff.

PRINCIPAL RISKS AND UNCERTAINTIES

Inflation has driven a significant increase in our cost base, we have absorbed some costs and had to pass some of these increases through to customers. We are actively working on projects to realise efficiencies to offset some of this impact.

Our customers are going through a significant period of change, and many customer groups have experienced change of ownership, acquisitions and sell offs, as well as changing business operating models which is creating some uncertainties in the market.

Despite some challenges, there are opportunities in the market and the directors are confident of maintaining financial security.

DEVELOPMENT AND PERFORMANCE

The company continually monitors its performance via a live management reporting analysis tool, actively taking decisions to ensure the business performs strongly. We continue to recruit to add depth of knowledge and experience, especially since the acquisition.

KEY PERFORMANCE INDICATORS

Weekly financial and non-financial KPIs are prepared and reviewed by the directors and senior management team. These are discussed in senior management meetings and planning and action plans are updated ensuring alignment and singular direction of all departments.

ON BEHALF OF THE BOARD::

R Bates - Director

30 June 2026

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

DIVIDENDS

No dividends will be distributed for the year ended 31 December 2025.

DIRECTORS

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

P Bates

S A Bates

R Bates

J E Blake

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

ON BEHALF OF THE BOARD:

R Bates - Director

30 June 2026

Opinion

We have audited the financial statements of Straightset Limited (the 'company') for the year ended 31 December 2025 which comprise the Statement of Comprehensive Income, Balance Sheet, Statement of Changes in Equity, Cash Flow Statement and Notes to the Cash Flow Statement, Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

-	give a true and fair view of the state of the company's affairs as at 31 December 2025 and of its 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 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:

- 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 sector.

- 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 and health and safety legislation;

- we assessed the 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;

- tested journal entries to identify unusual transactions;

- assessed whether judgements and assumptions made in determining the accounting estimates 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; and

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

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.

Mark Garrison BCom FCA DChA (Senior Statutory Auditor)

for and on behalf of Kingswood Allotts Limited, Statutory Auditor

Chartered Accountants

Sidings Court

Lakeside

Doncaster

South Yorkshire

DN4 5NU

23 July 2026

TURNOVER

4

9,210,768

10,607,931

Cost of sales

7,470,450

8,623,278

GROSS PROFIT

1,740,318

1,984,653

Administrative expenses

1,768,610

1,834,345

(28,292

)

150,308

Other operating income

5

82,895

78,055

OPERATING PROFIT

7

54,603

228,363

Gain/(Loss) on investments

8

(675

)

11,669

53,928

240,032

Income from fixed asset investments

9

934

788

Interest receivable and similar income

10

294,752

399,894

295,686

400,682

349,614

640,714

Interest payable and similar expenses

11

133,832

158,191

PROFIT BEFORE TAXATION

215,782

482,523

Tax on profit

12

60,061

123,247

PROFIT FOR THE FINANCIAL YEAR

155,721

359,276

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

155,721

359,276

FIXED ASSETS

Intangible assets

14

-

-

Tangible assets

15

842,723

1,024,102

Investments

16

124,954

124,696

Investment property

17

893,000

893,000

1,860,677

2,041,798

CURRENT ASSETS

Stocks

18

1,105,358

1,122,606

Debtors

19

2,182,780

1,705,297

Cash at bank and in hand

7,388,926

7,849,627

10,677,064

10,677,530

CREDITORS

Amounts falling due within one year

20

4,570,039

4,787,993

NET CURRENT ASSETS

6,107,025

5,889,537

TOTAL ASSETS LESS CURRENT LIABILITIES

7,967,702

7,931,335

CREDITORS

Amounts falling due after more than one year

21

(64,071

)

(142,429

)

PROVISIONS FOR LIABILITIES

24

(89,375

)

(130,371

)

NET ASSETS

7,814,256

7,658,535

CAPITAL AND RESERVES

Called up share capital

25

22,210

22,210

Capital redemption reserve

26

22,790

22,790

Retained earnings

26

7,769,256

7,613,535

SHAREHOLDERS' FUNDS

7,814,256

7,658,535

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

R Bates - Director

Called up

Capital

share

Retained

redemption

Total

capital

earnings

reserve

equity

£

£

£

£

Balance at 1 January 2024

22,210

7,343,099

22,790

7,388,099

Changes in equity

Dividends

-

(88,840

)

-

(88,840

)

Total comprehensive income

-

359,276

-

359,276

Balance at 31 December 2024

22,210

7,613,535

22,790

7,658,535

Changes in equity

Total comprehensive income

-

155,721

-

155,721

Balance at 31 December 2025

22,210

7,769,256

22,790

7,814,256

Cash flows from operating activities

Cash generated from operations

1

(412,845

)

(371,402

)

Interest element of hire purchase payments paid

(23,570

)

(23,406

)

Tax paid

(131,508

)

(211,743

)

Net cash from operating activities

(567,923

)

(606,551

)

Cash flows from investing activities

Purchase of tangible fixed assets

(49,464

)

(129,226

)

Sale of tangible fixed assets

61,945

79,850

Interest received

294,752

399,894

Net cash from investing activities

307,233

350,518

Cash flows from financing activities

Capital repayments in year

(200,011

)

(230,291

)

Net cash from financing activities

(200,011

)

(230,291

)

Decrease in cash and cash equivalents

(460,701

)

(486,324

)

Cash and cash equivalents at beginning of year

2

7,849,627

8,335,951

Cash and cash equivalents at end of year

2

7,388,926

7,849,627

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

2025

2024

£

£

Profit before taxation

215,782

482,523

Depreciation charges

292,072

365,834

Profit on disposal of fixed assets

(52,557

)

(72,797

)

(Gain)/loss on investments

679

(11,670

)

Finance costs

133,832

158,191

Finance income

(295,686

)

(400,682

)

294,122

521,399

Decrease/(increase) in stocks

17,248

(197,379

)

Increase in trade and other debtors

(477,483

)

(33,646

)

Decrease in trade and other creditors

(246,732

)

(661,776

)

Cash generated from operations

(412,845

)

(371,402

)

2.	CASH AND CASH EQUIVALENTS

The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

Year ended 31 December 2025

31.12.25

1.1.25

£

£

Cash and cash equivalents

7,388,926

7,849,627

Year ended 31 December 2024

31.12.24

1.1.24

£

£

Cash and cash equivalents

7,849,627

8,335,951

3.	ANALYSIS OF CHANGES IN NET FUNDS

At 1.1.25

Cash flow

At 31.12.25

£

£

£

Net cash

Cash at bank

and in hand

7,849,627

(460,701

)

7,388,926

7,849,627

(460,701

)

7,388,926

Debt

Finance leases

(332,223

)

211,401

(202,832

)

(332,223

)

211,401

(202,832

)

Total

7,517,404

(249,300

)

7,186,094

4.	MAJOR NON-CASH TRANSACTIONS

New hire purchase agreements of £70,200 (2024: £175,868) were entered into.

1.	STATUTORY INFORMATION

Straightset 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

The financial statements have been prepared in accordance with applicable accounting standards including Financial Reporting Standard 102 "The Financial Reporting Standard Applicable in the UK and Republic of Ireland" (FRS 102) and the Companies Act 2006. The financial statements have been prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are prepared in sterling (£), which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the neared £.

Preparation of consolidated financial statements

The company's subsidiaries are both dormant and immaterial. Therefore consolidated accounts have not been produced and these financial statements present information about the company and not about its group.

Turnover

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

The policies adopted for the recognition of turnover are as follows:

Sale of goods

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

Rendering of services

When the outcome of a transaction can be estimated reliably, turnover from services is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to the work performed.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Construction (installation) contracts

When the outcome of a construction contract can be estimated reliably, contract costs and turnover are recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to costs incurred for work performed to date.

Where the outcome cannot be measured reliably, contract costs are recognised as an expense in the period in which they are incurred and contract turnover is recognised to the extent of costs incurred that it is probable will be recoverable.

The amount by which recorded turnover is in excess of sales invoiced is classified as 'gross amounts due from customers for contract work' within debtors. The amount by which sales invoiced are in excess of recorded turnover is classified as a deduction from any balance on that contract in stocks, with any residual balance classified as 'payments on account' within creditors.

When it is probable that contract costs will exceed the total contract turnover, the expected loss is recognised as an expense immediately, with a corresponding provision.

Goodwill

Goodwill arising on the acquisition of a business in 2022 will be amortised on a straight-line basis over its estimated useful economic life of 3 years.

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

Tangible fixed assets are stated at cost or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible assets, with the exception of investment properties, and is calculated to write off the cost less estimated residual value of each asset on a systematic basis over its useful life as follows:

Freehold property

50 years

Motor vehicles

3 years

Plant & machinery

3 years

Investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value with changes in fair value recognised through profit or loss, if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment properties are recognised initially at fair value which is normally the transaction price including transaction costs. Subsequently, they are measured at fair value through 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.

Stock is costed on a first in first out basis. Work in progress and finished goods include labour and attributable overheads.

Current 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 taxation

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.

Foreign currencies

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

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

Employee benefits

When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.

The company sponsors two defined contribution pension schemes. Contributions payable for the year are charged in the profit and loss account.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses

Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Provisions

Provisions are recognised when the company has an obligation at the balance sheet date as a result of a past event, it is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated.

3.	CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY

Estimated used life of tangible fixed assets

At the date of capitalising tangible fixed assets, the company estimates the useful economic life of the asset based on management’s judgement and experience. Due to the significance of the capital investment to the company, variance between actual and estimated useful economic lives could impact results both positively and negatively.

Stock provisioning

The carrying value of stock, at the lower of cost and net realisable value, is dependent on key judgements and estimates that are made by management. The judgements relating to stock include an estimation of future expected average sales prices and disposal costs. These judgements also include consideration of specific factors and the developments in the market that have been identified throughout the year and subsequent to the year end. Actual outcomes could be different to the assumptions used in determining the estimates

Valuation of investment properties

Investment properties are professionally valued using a yield methodology. This uses market rental values capitalised at a market capitalisation rate. The last professional valuation was completed in 2017. Since then a revaluation has occured, which was calculated on the rental income received during the year. There is inevitably a degree of judgement and actual property valuations may differ from the assumptions used in determining this estimate.

4.

TURNOVER

The analysis of turnover by activity is as follows:

2025

2024

£

£

Services

4,221,455

5,303,247

Installation contracts

4,989,313

5,304,684

9,210,768

10,607,931

5.	OTHER OPERATING INCOME

2025

2024

£

£

Rents received

82,895

72,024

Sundry receipts

-

6,031

82,895

78,055

6.	EMPLOYEES AND DIRECTORS

2025

2024

£

£

Wages and salaries

3,098,509

3,297,211

Social security costs

389,626

345,820

Other pension costs

76,553

80,622

3,564,688

3,723,653

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

2025

2024

Administration

20

21

Sales

3

3

Engineering

54

54

Directors

4

4

81

82

2025

2024

£

£

Directors' remuneration

212,067

201,124

Directors' pension contributions to money purchase schemes

5,330

5,100

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

Money purchase schemes

4

4

Information regarding the highest paid director is as follows:

2025

2024

£

£

Emoluments etc

77,488

78,825

Pension contributions to money purchase schemes

1,995

1,995