REGISTERED NUMBER: 02090119 (England and Wales)

Riva Paoletti Limited

Strategic Report, Report of the Directors and

Financial Statements for the Year Ended 31st January 2026

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 Green

A B Green

E Banfield

L Evans

REGISTERED OFFICE:

Riva Home

Coal Road

Leeds

West Yorkshire

LS14 1PS

REGISTERED NUMBER:

02090119 (England and Wales)

AUDITORS:

Smailes Goldie

Chartered Accountants

Statutory Auditor

Regent's Court

Princess Street

Hull

East Yorkshire

HU2 8BA

The directors present their strategic report for the year ended 31st January 2026.

REVIEW OF BUSINESS

Following last year's period of reorganisation and strategic change, this year has been one of consolidation and growth. The relocation of manufacturing from Lichfield and the office from Glasgow to our Leeds site is now fully embedded, and the benefits anticipated in last year's report are reflected in this year's growth and profitability.

We have continued to broaden our home furnishing offer, launching new furniture and lighting categories that complement our core ranges and position the group as a more rounded destination for home furnishings. Both our internal brands and our licensed brand partnerships have continued to strengthen, with improving performance across the portfolio reflecting growing customer recognition and trust.

PRINCIPAL RISKS AND UNCERTAINTIES

The key risks for the business are the ongoing cost-of-living crisis and cost inflation arising from the conflict in Iran, which has contributed to higher energy, raw material, and freight costs across the supply chain. Riva continue to offer a wide range of product offerings covering all demographics, and are managing input cost pressures through supplier diversification and pricing discipline, to mitigate these risks.

KEY PERFORMANCE INDICATORS

The groups ultimate shareholder is also the director of the company and is closely involved in the company's activities. The company directors therefore believe that the analysis of the company performance for the year using key performance indicators is not necessary as the ultimate shareholder already understands the development, performance, and position of the company.

FINANCIAL RISK MANAGEMENT

The main financial risks, to which the group is exposed are exchange rate and credit risk. The company manages these risks by entering into forward exchange contracts and having in place robust credit management processes and appropriate credit insurance.

ON BEHALF OF THE BOARD:

J Green - Director

12th August 2026

The directors present their report with the financial statements of the company for the year ended 31st January 2026.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of importing and distributing wholesale drapery goods.

DIVIDENDS

No dividends were paid during the year (2025 - Nil).

DIRECTORS

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

J Green

A B Green

E Banfield

L Evans

Other changes in directors holding office are as follows:

G A Beswick - resigned 3rd November 2025

Qualifying third party indemnity provisions

The company has made qualifying third party indemnity provisions for the benefit of its directors during the year. These provisions remain in force at the reporting date.

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.

ON BEHALF OF THE BOARD:

J Green - Director

12th August 2026

Opinion

We have audited the financial statements of Riva Paoletti Limited (the 'company') for the year ended 31st January 2026 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 31st January 2026 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:

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was 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, data protection, anti-bribery, employment, environmental and health and safety legislation. An understanding of these laws and regulations and the extent of compliance was obtained through discussion with management and inspecting legal and regulatory correspondence.

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 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;

-

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

-

reviewing correspondence with HMRC, relevant regulators including the Health and Safety Executive.

Due to 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. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.

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.

Peter Dearing BSc FCCA (Senior Statutory Auditor)

for and on behalf of Smailes Goldie

Chartered Accountants

Statutory Auditor

Regent's Court

Princess Street

Hull

East Yorkshire

HU2 8BA

12th August 2026

TURNOVER

3

30,313,328

22,508,392

Cost of sales

20,822,000

15,978,054

GROSS PROFIT

9,491,328

6,530,338

Administrative expenses

6,723,999

6,620,684

2,767,329

(90,346

)

Other operating income

9,196

15,211

OPERATING PROFIT/(LOSS)

5

2,776,525

(75,135

)

Exceptional item

6

-

512,670

2,776,525

(587,805

)

Interest receivable and similar income

5

396

2,776,530

(587,409

)

Interest payable and similar expenses

7

444,405

414,098

PROFIT/(LOSS) BEFORE TAXATION

2,332,125

(1,001,507

)

Tax on profit/(loss)

8

597,044

(71,586

)

PROFIT/(LOSS) FOR THE FINANCIAL YEAR

1,735,081

(929,921

)

FIXED ASSETS

Tangible assets

9

1,696,514

1,993,607

Investments

10

101

101

1,696,615

1,993,708

CURRENT ASSETS

Stocks

11

7,897,551

8,531,586

Debtors

12

7,240,810

4,958,419

Cash at bank

77,124

112,541

15,215,485

13,602,546

CREDITORS

Amounts falling due within one year

13

10,447,738

10,788,068

NET CURRENT ASSETS

4,767,747

2,814,478

TOTAL ASSETS LESS CURRENT LIABILITIES

6,464,362

4,808,186

CREDITORS

Amounts falling due after more than one year

14

-

(8,956

)

PROVISIONS FOR LIABILITIES

18

(360,262

)

(430,211

)

NET ASSETS

6,104,100

4,369,019

CAPITAL AND RESERVES

Called up share capital

19

10,000

10,000

Retained earnings

20

6,094,100

4,359,019

SHAREHOLDERS' FUNDS

6,104,100

4,369,019

The financial statements were approved by the Board of Directors and authorised for issue on 12th August 2026 and were signed on its behalf by:

J Green - Director

Called up

share

Retained

Total

capital

earnings

equity

£

£

£

Balance at 1st February 2024

10,000

5,288,940

5,298,940

Changes in equity

Deficit for the year

-

(929,921

)

(929,921

)

Total comprehensive income

-

(929,921

)

(929,921

)

Balance at 31st January 2025

10,000

4,359,019

4,369,019

Changes in equity

Profit for the year

-

1,735,081

1,735,081

Total comprehensive income

-

1,735,081

1,735,081

Balance at 31st January 2026

10,000

6,094,100

6,104,100

1.	STATUTORY INFORMATION

Riva Paoletti 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 statement 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, modified to include certain items at fair value.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

The financial statements are presented in sterling, which is the functional currency of the company, and all values are rounded to the nearest pound (£).

Going Concern

In forming their going concern assessment, the directors have reviewed the anticipated trading performance over the next 12 months. Having considered this and other available factors, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for a period of 12 months from the date of approval of these financial statements and have therefore adopted the going concern basis in preparing these financial statements.

Financial Reporting Standard 102 - reduced disclosure exemptions

The company has taken advantage of the following disclosure exemptions 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;

•

the requirement of paragraph 3.17(d);

•

the requirement of paragraph 33.7.

Preparation of consolidated financial statements

The financial statements contain information about Riva Paoletti 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 undertaking are included by full consolidation in the consolidated financial statements of its parent, Charles Green Investments Limited, Riva House, Limewood Approach, Leeds, West Yorkshire, LS14 1NG.

Critical accounting judgements and key sources of estimation uncertainty

Stock Provisions

The carrying value of inventories requires management to make estimates regarding provisions for slow-moving, obsolete, and damaged stock. These provisions are based on management's assessment of the net realisable value of inventory items.

Key estimates and assumptions

In determining the level of stock provisions, management considers:

Seasonal and fashion trends

Age and condition of stock

Sales history and trends

Market condition

Net realisable value

Estimation uncertainty

The determination of stock provisions involves significant judgement and is inherently uncertain. Management reviews stock provisions on a regular basis, with the provision calculated on an item-by-item basis where material, or by applying provision percentages to categories of stock based on current and projected turnover rates.

At 31 January 2026, the gross value of inventories was £8,750,359, against which a provision of £852,808 has been made, resulting in a carrying value of £7,897,551.

Given the subjective nature of fashion trends and consumer preferences in the soft furnishings market, actual losses on inventory realisation could differ from the provisions recognised.

Turnover

Turnover is measured at the fair value of the consideration received or receivable net of value added tax and trade discounts. The policies adopted for the recognition of turnover are as follows:

Sales 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 the date of dispatch of the goods.

Leases

Rentals payable and receivable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed 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 fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Leasehold improvements

- over the lease term

Plant and machinery

- 10% - 33.33% on cost

Fixtures and Fittings

- 10% - 33.33% on cost

Motor Vehicles

- 20% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less impairment.

Stocks

Stocks and work in progress is stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Current and deferred tax

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences.

Foreign currencies

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

Pension costs and other post-retirement 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 operates a defined contribution plan for the benefit of its employees. Contributions are expensed as they become payable.

Loans and borrowings

Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

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.

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.

3.

TURNOVER

The turnover and profit before tax are attributable to the one principal activity of the company.

4.	EMPLOYEES AND DIRECTORS

2026

2025

£

£

Wages and salaries

4,720,951

4,757,113

Social security costs

562,639

438,754

Other pension costs

85,502

110,354

5,369,092

5,306,221

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

2026

2025

Management and administration

38

37

Sales

83

109

121

146

2026

2025

£

£

Directors' remuneration

631,167

427,234

Directors' pension contributions to money purchase schemes

6,093

2,642

Information regarding the highest paid director is as follows:

2026

2025

£

£

Emoluments etc

258,407

125,790

Pension contributions to money purchase schemes

-

1,321

5.	OPERATING PROFIT/(LOSS)

The operating profit (2025 - operating loss) is stated after charging/(crediting):

2026

2025

£

£

Depreciation - owned assets

408,730

415,951

Profit on disposal of fixed assets

(52,071

)

(315

)

Auditors' remuneration

33,075

31,500

Foreign exchange differences

(9,196

)

(15,211

)

6.	EXCEPTIONAL ITEMS

The exceptional costs which are included in the Statement of Comprehensive Income for the prior year related to costs incurred with the reorganisation of of operations and centralisation to the main site.

7.

INTEREST PAYABLE AND SIMILAR EXPENSES

2026

2025

£

£

Bank interest

187,122

158,775

Bank stocking loans interest

257,283

255,323

444,405

414,098

8.

TAXATION

Analysis of the tax charge/(credit)

The tax charge/(credit) on the profit for the year was as follows:

2026

2025

£

£

Current tax:

UK corporation tax

666,993

-

Deferred tax

(69,949

)

(71,586

)

Tax on profit/(loss)

597,044

(71,586

)

Reconciliation of total tax charge/(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:

2026

2025

£

£

Profit/(loss) before tax

2,332,125

(1,001,507

)

Profit/(loss) multiplied by the standard rate of corporation tax in the UK of 25% (2025 - 25%)

583,031

(250,377

)

Effects of:

Expenses not deductible for tax purposes

3,006

2,229

Group relief

-

176,562

Deferred capital allowances

11,007

-

Total tax charge/(credit)

597,044

(71,586

)

9.	TANGIBLE FIXED ASSETS

Fixtures

Leasehold

Plant and

and

Motor

Improvements

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1st February 2025

136,744

877,379

2,106,834

300,630

3,421,587

Additions

-

441

231,470

-

231,911

Disposals

-

-

(155,854

)

(147,153

)

(303,007

)

At 31st January 2026

136,744

877,820

2,182,450

153,477

3,350,491

DEPRECIATION

At 1st February 2025

26,714

353,245

885,571

162,450

1,427,980

Charge for year

17,264

107,237

260,199

24,030

408,730

Eliminated on disposal

-

-

(70,821

)

(111,912

)

(182,733

)

At 31st January 2026

43,978

460,482

1,074,949

74,568

1,653,977

NET BOOK VALUE

At 31st January 2026

92,766

417,338

1,107,501

78,909

1,696,514

At 31st January 2025

110,030

524,134

1,221,263

138,180

1,993,607

10.	FIXED ASSET INVESTMENTS

Shares in group undertakings

2026

2025

£

£

Cost

At 1st February 2025

101

101

Additions

-

-

At 31st January 2026

101

101

Details of group undertaking at the year end are as follows:

Proportion

Name of company

Held

Nature of business

Ismail Textiles Limited

Ordinary shares

100%

Non trading

Riva EL Limited

Ordinary shares

100%

Non Trading

Registered office address for all subsidiaries is Riva Home, Coal Road, Leeds, England, LS14 1PS.

11.

STOCKS

2026

2025

£

£

Stocks

7,790,551

8,398,586

Work-in-progress

107,000

133,000

7,897,551

8,531,586

12.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

5,382,983

3,269,832

Amounts owed by group undertakings

7,136

9,335

Other debtors

1,492,157

1,236,321

Tax

6,077

10,905

Prepayments and accrued income

352,457

432,026

7,240,810

4,958,419

13.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts (see note 15)

3,328,880

4,249,064

Trade creditors

529,484

1,214,797

Amounts owed to group undertakings

549,239

447,563

Corporation tax

555,044

-

Social security and other taxes

1,100,726

704,884

Other creditors

3,512,774

3,402,804

Accruals and deferred income

871,591

768,956

10,447,738

10,788,068

14.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans (see note 15)

-

8,956

15.

LOANS

An analysis of the maturity of loans is given below:

2026

2025

£

£

Amounts falling due within one year or on demand:

Bank stocking loans

3,328,880

4,249,064

Amounts falling due between one and two years:

Bank loans 1-2 years

-

8,956