REGISTERED NUMBER: 05191788 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2026

for

ADW Investments Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

A D Wormald

REGISTERED OFFICE:

Suite 1

Buttershaw Works

Buttershaw Lane

Bradford

West Yorkshire

BD6 2DD

REGISTERED NUMBER:

05191788 (England and Wales)

FIXED ASSETS

Tangible assets

4

28,610,004

27,380,359

CURRENT ASSETS

Debtors

5

1,800,082

59,021

Cash at bank and in hand

67,688

61,655

1,867,770

120,676

CREDITORS

Amounts falling due within one year

6

272,547

2,506,584

NET CURRENT ASSETS/(LIABILITIES)

1,595,223

(2,385,908

)

TOTAL ASSETS LESS CURRENT LIABILITIES

30,205,227

24,994,451

CREDITORS

Amounts falling due after more than one year

7

(12,955,727

)

(13,022,646

)

PROVISIONS FOR LIABILITIES

(2,336,733

)

(1,596,714

)

NET ASSETS

14,912,767

10,375,091

CAPITAL AND RESERVES

Called up share capital

8

2

2

Revaluation reserve

9

7,142,788

4,800,591

Other reserves

9

900,000

1,200,000

Retained earnings

9

6,869,977

4,374,498

SHAREHOLDERS' FUNDS

14,912,767

10,375,091

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 August 2026 and were signed by:

A D Wormald - Director

1.	STATUTORY INFORMATION

ADW Investments Ltd 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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2025 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST OR VALUATION

At 1 March 2025

27,363,706

35,095

4,791

148,123

27,551,715

Additions

579,801

67,830

2,580

-

650,211

Disposals

(2,324,550

)

-

-

-

(2,324,550

)

Revaluations

3,073,709

-

-

-

3,073,709

Transfer to ownership

(147,666

)

-

-

-

(147,666

)

At 28 February 2026

28,545,000

102,925

7,371

148,123

28,803,419

DEPRECIATION

At 1 March 2025

-

18,444

4,790

148,122

171,356

Charge for year

-

20,585

1,474

-

22,059

At 28 February 2026

-

39,029

6,264

148,122

193,415

NET BOOK VALUE

At 28 February 2026

28,545,000

63,896

1,107

1

28,610,004

At 28 February 2025

27,363,706

16,651

1

1

27,380,359

The company has registered legal charges on its freehold property at companies house in favour of Svenska Handelsbanken AB(pub)..

Cost or valuation at 28 February 2026 is represented by:

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

Valuation in 2026

9,474,497

-

-

-

9,474,497

Cost

19,070,503

102,925

7,371

148,123

19,328,922

28,545,000

102,925

7,371

148,123

28,803,419

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

28.2.26

28.2.25

£

£

Cost

19,070,503

20,962,918

Freehold land and buildings were valued on an open market basis on 2 October 2025 by Knight Frank .

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST OR VALUATION

At 1 March 2025

-

67,000

67,000

Additions

61,950

-

61,950

At 28 February 2026

61,950

67,000

128,950

DEPRECIATION

At 1 March 2025

-

67,000

67,000

Charge for year

18,800

-

18,800

At 28 February 2026

18,800

67,000

85,800

NET BOOK VALUE

At 28 February 2026

43,150

-

43,150

At 28 February 2025

-

-

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Trade debtors

34,536

59,021

Other debtors

1,765,546

-

1,800,082

59,021

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Hire purchase contracts

27,850

13,938

Trade creditors

22,026

203,578

Taxation and social security

168,330

135,147

Other creditors

54,341

2,153,921

272,547

2,506,584

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.26

28.2.25

£

£

Bank loans

12,921,750

13,018,000

Hire purchase contracts

33,977

4,646

12,955,727

13,022,646

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

12,921,750

13,018,000

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.26

28.2.25

value:

£

£

2

Ordinary

£1

2

2

9.

RESERVES

Retained

Revaluation

Other

earnings

reserve

reserves

Totals

£

£

£

£

At 1 March 2025

4,374,498

4,800,591

1,200,000

10,375,089

Profit for the year

2,495,479

-

-

2,495,479

Freehold property

-

2,342,197

-

2,342,197

Directors' loan

-

-

(300,000

)

(300,000

)

At 28 February 2026

6,869,977

7,142,788

900,000

14,912,765

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2026 and 28 February 2025:

28.2.26

28.2.25

£

£

A D Wormald

Balance outstanding at start of year

1,200,000

1,530,000

Amounts repaid

(300,000

)

(330,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

900,000

1,200,000

Other reserves include an amount owing to the director of £900,000 by the company at the year end..

11.	ULTIMATE CONTROLLING PARTY

At the year end, the company was a wholly owned subsidiary of ADW Holdings Ltd, a company registered in England and Wales. The whole group is deemed to be ultimately controlled by A D Wormald, director, by virtue of his majority shareholding in the ultimate parent company.