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Registered number:
FOR THE PERIOD ENDED 31 DECEMBER 2025
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SENTRY GROUP HOLDINGS LIMITED
CONTENTS
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SENTRY GROUP HOLDINGS LIMITED
GROUP STRATEGIC REPORT
FOR THE PERIOD ENDED 31 DECEMBER 2025
The directors present their Strategic Report together with the audited consolidated finanacial statements for the period ended 31 December 2025.
The Company is a holding company and has no trading activities.
Sentry Group Holdings Limited is parent of A2K Holdings Limited. The principal activity of the Group is the provision of stock and distribution of components to the commercial aviation industry. Sentry is a global company that serves nearly 700 customers in over 85 countries. Our vision is to become the trusted global supplier of choice for aviation after-market spares. On 30 October 2024, the Company completed the acquisition of A2K Holdings Limited and its subsidiaries by way of a share-for-share exchange. On the same date, A2K Holdings Limited's shareholding in Project Elysium Topco Limited was transferred to Sentry Group Holdings Limited for consideration of $17,500,001, settled by way of a dividend in specie. On the same date, Sentry Group Holdings Limited's shareholding in Project Elysium Topco Limited was transferred to an entity under the common control of the ultimate controlling party for consideration of $17,500,001, settled by way of a distribution in specie.
The volume of commercial air traffic continues to increase with commercial flights in 2025 up 4% on 2024. The expectation is that aircraft activity and passenger load factors will continue to climb during 2026 and beyond.
The Group in 2026 will continue to be cash generative and profitable due to the low level of overheads and lean culture whilst also forging ahead with its longer-term strategic initiatives to support future growth.
The Group’s operations expose it to a variety of financial risks that include currency risk, credit risk and liquidity risk. The Group has in place a risk management programme that seeks to limit the adverse effects on the financial performance of the Group by monitoring levels of debt finance and related finance costs.
Currency Risk The Group conducts substantially all of its business in US Dollars, the currency that the international commercial aviation industry uses in order to set market prices for goods and services. For this reason, the Group is exposed to risk from exchange rate fluctuations when converting US Dollars to Pounds Sterling, which it needs to defray certain administrative overhead expenses. The Group mitigates the risk by operating various foreign currency bank accounts. Credit & Liquidity Risk The Group actively maintains a mixture of long-term and short-term debt finance that ensures that the Group has sufficient available funds for the Group’s operation and future expansion plans. Working capital is monitored and managed to ensure that cash receivables from debtors is available within a timely manner that allows credit obligations to be met.
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SENTRY GROUP HOLDINGS LIMITED
GROUP STRATEGIC REPORT (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2025
*As these are the Group’s first consolidated financial statements, comparative information is not available and therefore sales growth and employee growth cannot be calculated. The remaining KPIs have been calculated based on the 14-month period ended 31 December 2025.
As reported in the Consolidated Statement of Comprehensive Income, the Group achieved sales of
$315,468,069 in the period, gross profit of $127,259,350 and a pre-tax profit of $85,829,669. At the period end, the Group had net liabilities of $3,716,655.
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SENTRY GROUP HOLDINGS LIMITED
GROUP STRATEGIC REPORT (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2025
After due and careful consideration of the requirements set out in S172, and having regard to long-term consequences and the interests of stakeholders in relation to Board decision-making, the Directors, during the financial year ending 31 December 2025, have acted in a way that they consider, in good faith, would be most likely to promote the success of the Group, of which this Company is a part, for the benefit of all of its stakeholders as a whole.
This statement sets out how the Board has acted in a way that promotes the success of the Group in achieving its vision to become the trusted global supplier of choice for commercial aviation after-market spares. When making decisions, the Board takes into account: a) the likely consequences of any decision in the long term,
∙The interests or concerns of, and impact on, our key stakeholders
∙The impact of our decisions and operations on the communities in which we operate and the environment
∙The need to maintain a reputation for high standards of business conduct
b) the interests of the Group's employees,
∙The Directors recognize that Sentry employees are fundamental and core to our business and the delivery of
our strategic ambitions. The success of our business depends on attracting, retaining, developing and motivating talented employees
∙The Group maintains an open dialogue with its employees, and they are recognised and valued by the
Directors through a variety of ways to achieve effective engagement including:
°Regular town hall style all hands meetings, leadership, team and department meetings
°Actively seeking employee feedback through employee network groups, Q&A sessions, and an open culture
°The provision of learning and development opportunities for employees, covering hard and soft skills, as well as managing training and mental health
c) the need to foster the Group's business relationships with suppliers, customers and others, by ensuring all
stakeholders are treated within the spirit and detail of the Sentry ethics polices and core values. It is important for all levels of the business to engage with stakeholder groups to gain a better understanding of their interests and concerns and the impact our decisions have on them. d) the impact of the Group's operations on the community and the environment, including consideration of climate change through appropriate Energy Savings Opportunities. The Group's corporate sustainability starts with a company's value system and a principles-based approach to doing business. This means operating in ways that, at a minimum, meet fundamental responsibilities in the areas of human rights, labour, environment and anti-corruption. Sentry supports and adheres to the 10 principles of the UN Global compact. e) the ongoing requirement to maintain a high standard of business conduct,
∙The Group has a robust system of governance and risk management in place. The desirability of the
company to maintain a reputation for high standards of business conduct, through the organisation's values, culture and ethical standards. as set out in the Group's business principles, which are published on its website. Our core values represent the foundation of our culture: be customer focused, obsess over service, quality in everything we do, be accountable, act innovatively, be passionate and integrity. They help us develop, grow and better serve our clients, talent and other stakeholders. All employees of the Group engage in regular training on ethics and are encouraged to report any concerns through a confidential framework of communication avenues.
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SENTRY GROUP HOLDINGS LIMITED
GROUP STRATEGIC REPORT (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2025
f) the need to act fairly as between members of the Group,
∙After weighing up all relevant factors, the Directors consider which course of action best enables delivery of
our strategy in the long-term interests of the Group, taking into consideration the effect on stakeholders.
This report was approved by the board and signed on its behalf.
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SENTRY GROUP HOLDINGS LIMITED
DIRECTORS' REPORT
FOR THE PERIOD ENDED 31 DECEMBER 2025
The directors present their report and the financial statements for the period ended 31 December 2025.
The Company is a holding company and has no trading activities. The Company was incorporated on 14 October 2024 and this set of accounts therefore represents the 14-month period from the date of incorporation to 31 December 2025.
The profit for the period, after taxation, amounted to $69,736,808.
The Company made a distribution in specie of $17,500,001 during the year in respect of the disposal of Project Elysium Topco Limited and its subsidiaries to an entity under common control. No other dividends were paid during the year or after the year end.
The directors who served during the period were:
The directors are responsible for preparing the Group strategic report, the Directors' report and the consolidated financial statements in accordance with applicable law and regulations.
In preparing these financial statements, the directors are required to:
∙select suitable accounting policies for the Group's financial statements and then apply them consistently;
∙make judgments and accounting estimates that are reasonable and prudent;
∙state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Group will continue in business.
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SENTRY GROUP HOLDINGS LIMITED
DIRECTORS' REPORT (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2025
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and the Group and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and the Group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Going Concern
The directors have assessed a period of at least 12 months from the anticipated date of approval of these financial statements including a review of forecasted trading performance, available headroom on working capital facilities and compliance with applicable covenants. This assessment includes consideration of the wider economic environment, including uncertainties associated with the Middle East oil crisis. Based on these assessments, the directors have concluded at the time of approving the financial statements that there is no material uncertainty that may cast significant doubt about the Group's ability to continue to trade. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
The Group is planning continued growth, both organic and through possible acquisitions, by making use of its strong liquid position, supportive shareholders and the larger warehouse facilities at its headquarters.
The Group is committed to creating a supportive and inclusive workplace, recognising that employee engagement is key to its success. Regular communication channels ensure that employees are well-informed about business developments. The Group fosters a culture of collaboration and professional growth by investing in training, development programmes and wellbeing initiatives.
The Group places a strong emphasis on fostering positive relationships with both suppliers and customers to ensure sustainable business growth and operational excellence. These relationships are vital to the Group’s success and form a core part of our strategic objectives.
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SENTRY GROUP HOLDINGS LIMITED
DIRECTORS' REPORT (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2025
Streamlined Energy & Carbon Reporting Disclosure (SECR)
This disclosure has been prepared in accordance with the Companies Directors' Report and Limited Liability Partnerships (Energy and Carbon Report) Regulations 2018. The reporting boundary follows the operational control approach, covering UK operations for the reporting period under review.
The figures disclosed are based on actual consumption data and represent the organisation’s energy use and associated greenhouse gas (GHG) emissions during the 14 month reporting period.
Energy Consumption and Efficiency
Total energy consumption for the period was 194,451 kWh comprising:
Grid supplied electricity: 149,120 kWh
On site solar electricity generation: 45,331 kWh
Electricity generated from on site solar photovoltaic installations is consumed directly and has been treated as zero emission electricity for operational reporting purposes. Energy usage has been normalised against organisational size to aid comparability over time.
Greenhouse Gas Emissions
Greenhouse gas emissions have been calculated using UK Government GHG Conversion Factors, expressed in tonnes of carbon dioxide equivalent (tCO2e).
Scope 1 Emissions
There were no Scope 1 emissions reported during the period, as the organisation did not consume fossil fuels directly under operational control.
Scope 2 Emissions (Electricity)
Scope 2 emissions from purchased electricity totalled 30.87 tCO2e.
These emissions relate solely to grid supplied electricity.
Electricity generated from on site solar installations resulted in no associated Scope 2 emissions.
Scope 3 Emissions (Selected categories)
The organisation has reported selected Scope 3 emissions relating to waste generated in operations:
Category Current 14 month period
General waste (tCO2e) 6.12
Food waste (tCO2e) 0.01
Total Scope 3 (reported) 6.13
Recycled waste streams, including paper, mixed recycling, toner cartridges, and batteries, have been excluded from the Scope 3 total for conservatism, with no avoided emissions credits applied.
Food waste arisings were minimal and resulted in immaterial emissions of approximately 0.01 tCO2e.
Total Emissions Summary
Emissions Category Current 14 month period (tCO2e)
Total emissions 37.00
Intensity Metric
In compliance with SECR requirements, the organisation reports an emissions intensity ratio:
Total emissions per employee:
∙Current year: 0.45 tCO1e per employee
The average number of employees during the reporting period was 83.
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SENTRY GROUP HOLDINGS LIMITED
DIRECTORS' REPORT (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2025
This metric has been selected as it provides a consistent and relevant measure of carbon efficiency for an office based organisation.
Energy Efficiency Actions
The organisation continues to take steps to improve energy efficiency and reduce emissions, including:
∙5 electric vehicle chargers.
∙Cycle to work scheme.
∙Investment in on site solar generation, reducing reliance on grid electricity and avoiding approximately 8.5 tCO2e during the reporting period.
∙Ongoing waste segregation and recycling programmes, diverting over 7 tonnes of waste from landfill.
∙Responsible recycling of toner cartridges and batteries through approved recycling schemes.
∙Monitoring of energy consumption to identify opportunities for operational efficiency.
∙Further energy efficiency initiatives are under review as part of the organisation’s commitment to continuous environmental improvement.
Methodology Statement
Energy consumption data has been obtained from meter readings and system records. Emissions calculations have been performed using the UK Government’s greenhouse gas reporting conversion factors applicable to the reporting year. All data has been reviewed for internal consistency and reasonableness.
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SENTRY GROUP HOLDINGS LIMITED
DIRECTORS' REPORT (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2025
On 30 July 2026, the Group completed the acquisition of Airstart Inc., a company incorporated in Canada, for a total consideration of $86.8 million.
The acquisition represents a non-adjusting post balance sheet event as the transaction was completed after the reporting date of 31 December 2025. Accordingly, the financial position and results of the acquired business have not been reflected in these financial statements. The acquisition is expected to strengthen the Group's presence in the North American market and enhance its product offering, service capabilities and customer base globally. At the date of authorisation of these financial statements, the initial accounting for the business combination has not been completed and, consequently, the fair values of the identifiable assets acquired and liabilities assumed have not yet been determined. Management is currently performing a detailed assessment of the acquired business and therefore it is not practicable to provide an estimate of the financial effect of the acquisition on the Group as at the reporting date. Subsequent to the year-end, on 11 May 2026 5 G Ordinary shares were allotted with a nominal value of $0.1 and on 26 June 2026 46 H Ordinary shares and 9,223,997 H Preference shares were allotted with a nominal value of $0.1.
The auditor, MHA, will be proposed for reappointment in accordance with section 485 of the Companies Act 2006.
This report was approved by the board and signed on its behalf.
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SENTRY GROUP HOLDINGS LIMITED
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF SENTRY GROUP HOLDINGS LIMITED
We have audited the financial statements of Sentry Group Holdings Limited (the 'Parent Company') and its subsidiaries (the 'Group') for the period ended 31 December 2025, which comprise the Consolidated statement of comprehensive income, the Consolidated analysis of net debt, the Consolidated balance sheet, the Company balance sheet, the Consolidated statement of cash flows, the Consolidated statement of changes in equity, the Company statement of changes in equity and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the Parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.
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SENTRY GROUP HOLDINGS LIMITED
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF SENTRY GROUP HOLDINGS LIMITED (CONTINUED)
The other information comprises the information included in the Annual Report other than the financial statements and our Auditor's report thereon. The directors are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
In our opinion, based on the work undertaken in the course of the audit:
∙the information given in the Group strategic report and the Directors' report for the financial period for which the financial statements are prepared is consistent with the financial statements; and
∙the Group strategic report and the Directors' report have been prepared in accordance with applicable legal requirements.
In the light of the knowledge and understanding of the Group and the Parent Company and its environment obtained in the course of the audit, we have not identified material misstatements in the Group strategic report or the Directors' report.
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SENTRY GROUP HOLDINGS LIMITED
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF SENTRY GROUP HOLDINGS LIMITED (CONTINUED)
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these Group financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
∙Enquiry of management and those charged with governance around actual and potential or suspected litigation and claims, non-compliance with applicable laws and regulations, and fraud;
∙Performing audit work over the risk of management override, 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;
∙Reviewing of financial statement disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations; and
∙Discussions amongst the engagement team in relation to how and where fraud might occur in the financial statements and any potential indicators of fraud.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with 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 Auditor's report.
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SENTRY GROUP HOLDINGS LIMITED
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF SENTRY GROUP HOLDINGS LIMITED (CONTINUED)
This report is made solely to the Company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the Company's members those matters we are required to state to them in an Auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's members, as a body, for our audit work, for this report, or for the opinions we have formed.
for and on behalf of
Birmingham, United Kingdom
MHA is the trading name of MHA Audit Services LLP, a limited liability partnership in England and Wales (registered number OC455542)
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SENTRY GROUP HOLDINGS LIMITED
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
FOR THE PERIOD ENDED 31 DECEMBER 2025
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SENTRY GROUP HOLDINGS LIMITED
REGISTERED NUMBER: 16016053
CONSOLIDATED BALANCE SHEET
AS AT 31 DECEMBER 2025
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
The notes on pages 22 to 50 form part of these financial statements.
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SENTRY GROUP HOLDINGS LIMITED
REGISTERED NUMBER: 16016053
COMPANY BALANCE SHEET
AS AT 31 DECEMBER 2025
The Company has taken advantage of the exemption allowed under Section 408 of the Companies Act 2006 and has not presented its own Statement of Comprehensive Income in these financial statements. The profit after tax of the parent Company for the period was $98,154,281.
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
The notes on pages 22 to 50 form part of these financial statements.
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SENTRY GROUP HOLDINGS LIMITED
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 31 DECEMBER 2025
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SENTRY GROUP HOLDINGS LIMITED
COMPANY STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 31 DECEMBER 2025
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SENTRY GROUP HOLDINGS LIMITED
CONSOLIDATED STATEMENT OF CASH FLOWS
FOR THE PERIOD ENDED 31 DECEMBER 2025
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SENTRY GROUP HOLDINGS LIMITED
CONSOLIDATED STATEMENT OF CASH FLOWS (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2025
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SENTRY GROUP HOLDINGS LIMITED
CONSOLIDATED ANALYSIS OF NET DEBT
FOR THE PERIOD ENDED 31 DECEMBER 2025
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SENTRY GROUP HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2025
Sentry Group Holdings Limited is a private company limited by shares and incorporated in England and Wales under the Companies Act 2006. Its registered office and principal place of business is located at 3 Caxton Way, Watford Business Park, Watford, Hertfordshire, United Kingdom, WD18 8UA.
2.Accounting policies
The Company was incorporated on 14 October 2024 and has prepared its first financial statements for the 14 month period ended 31 December 2025.
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The presentational and functional currency of these financial statements is USD. Values are rounded to the nearest dollar. The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies (see note 3).
The consolidated financial statements present the results of the Company and its own subsidiaries ("the Group") as if they form a single entity. Intercompany transactions and balances between group companies are therefore eliminated in full.
The consolidated financial statements incorporate the results of business combinations using the purchase method. In the Balance Sheet, the acquiree's identifiable assets, liabilities and contingent liabilities are initially recognised at their fair values at the acquisition date. The results of acquired operations are included in the Consolidated Statement of Comprehensive Income from the date on which control is obtained. They are deconsolidated from the date control ceases.
The directors have assessed a period of at least 12 months from the anticipated date of approval of these financial statements including a review of forecasted trading performance, available headroom on working capital facilities and compliance with applicable covenants. This assessment includes consideration of the wider economic environment, including uncertainties with the Middle East oil crisis.
Based on these assessments, the directors have concluded at the time of approving the financial statements that there is no material uncertainty that may cast significant doubt about the Group's ability to continue to trade. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
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SENTRY GROUP HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2025
2.Accounting policies (continued)
Functional and presentation currency
Transactions and balances
Sale of goods Revenue in respect of parts supplied both as outright sales and on exchange is recognised on delivery to the customer. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on despatch of the goods), the amount of revenue can be measured reliably and it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably. Rendering of services Revenue for services supplied, such as repair charges, exchange charges and outright sales charges are recognised on completion of the services. All such services are short term in nature. Revenue received from ancillary services is recognised when the right to receive payment is established, which is normally at the date of the transaction.
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SENTRY GROUP HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2025
2.Accounting policies (continued)
Assets that are subject to depreciation or amortisation are assessed at each balance sheet date to determine whether there is any indication that the assets are impaired. Where there is any indication that an asset may be impaired, the carrying value of the asset (or cash-generating unit to which the asset has been allocated) is tested for impairment. An impairment loss is recognised for the amount by which the asset’s carrying amount exceeds its recoverable amount. The recoverable amount is the higher of an asset’s (or CGU’s) fair value less costs to sell and value in use. For the purposes of assessing impairment, assets are grouped at the lowest levels for which there are separately identifiable cash flows (CGUs). Non-financial assets that have been previously impaired are reviewed at each balance sheet date to assess whether there is any indication that the impairment losses recognised in prior periods may no longer exist or may have decreased.
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SENTRY GROUP HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2025
2.Accounting policies (continued)
The Group has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the Group's Balance sheet when the Group becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Impairment of financial assets
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SENTRY GROUP HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2025
2.Accounting policies (continued)
Derecognition of financial instruments
Page 26
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SENTRY GROUP HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2025
2.Accounting policies (continued)
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SENTRY GROUP HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2025
2.Accounting policies (continued)
Goodwill
Other intangible assets
At each reporting date the Group assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.
Depreciation is provided on the following basis:
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
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SENTRY GROUP HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2025
2.Accounting policies (continued)
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
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SENTRY GROUP HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2025
Page 30
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SENTRY GROUP HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2025
3.Judgments in applying accounting policies (continued)
Analysis of turnover by country of destination:
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SENTRY GROUP HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2025
Page 32
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SENTRY GROUP HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2025
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SENTRY GROUP HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2025
Page 34
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SENTRY GROUP HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2025
Page 35
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SENTRY GROUP HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2025
Page 36
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