IRIS Accounts Production v26.1.10.61 13565802 Board of Directors 31.8.25 1.9.24 31.8.25 31.8.25 Medium entities These accounts have been prepared in accordance with the provisions applicable to companies subject to the medium-sized companies regime. manufacturers of folding doors via the main subsidiary company. The group also has one associated company that deals with integrated blinds and specialist glazing and another associated company specialising in luxury timepieces and jewellery. A new subsidiary company deals in garden furniture and related products. true true true false true true false false false false false false true false A ordinary 1.00000 B ordinary 1.00000 C ordinary 1.00000 M ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 13565802 2024-08-31 13565802 2025-08-31 13565802 2024-09-01 2025-08-31 13565802 2023-08-31 13565802 2023-09-01 2024-08-31 13565802 2024-08-31 13565802 ns15:EnglandWales 2024-09-01 2025-08-31 13565802 ns14:PoundSterling 2024-09-01 2025-08-31 13565802 ns10:Director1 2024-09-01 2025-08-31 13565802 ns10:Consolidated 2025-08-31 13565802 ns10:ConsolidatedGroupCompanyAccounts 2024-09-01 2025-08-31 13565802 ns10:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 13565802 ns10:Consolidated ns10:MediumEntities 2024-09-01 2025-08-31 13565802 ns10:Consolidated ns10:Audited 2024-09-01 2025-08-31 13565802 ns10:Medium-sizedCompaniesRegimeForDirectorsReport 2024-09-01 2025-08-31 13565802 ns10:Medium-sizedCompaniesRegimeForAccounts 2024-09-01 2025-08-31 13565802 ns10:Consolidated 2024-09-01 2025-08-31 13565802 ns10:Consolidated ns10:Medium-sizedCompaniesRegimeForDirectorsReport 2024-09-01 2025-08-31 13565802 ns10:Medium-sizedCompaniesRegimeForAccounts ns10:Consolidated 2024-09-01 2025-08-31 13565802 ns10:FullAccounts 2024-09-01 2025-08-31 13565802 ns5:Subsidiary1 2024-09-01 2025-08-31 13565802 ns5:Subsidiary2 2024-09-01 2025-08-31 13565802 ns5:Associate1 2024-09-01 2025-08-31 13565802 ns5:Associate2 2024-09-01 2025-08-31 13565802 ns10:OrdinaryShareClass1 2024-09-01 2025-08-31 13565802 ns10:OrdinaryShareClass2 2024-09-01 2025-08-31 13565802 ns10:OrdinaryShareClass3 2024-09-01 2025-08-31 13565802 ns10:OrdinaryShareClass4 2024-09-01 2025-08-31 13565802 ns10:Director2 2024-09-01 2025-08-31 13565802 ns10:Director3 2024-09-01 2025-08-31 13565802 ns10:RegisteredOffice 2024-09-01 2025-08-31 13565802 ns10:Consolidated 2023-09-01 2024-08-31 13565802 ns5:CurrentFinancialInstruments 2025-08-31 13565802 ns5:CurrentFinancialInstruments 2024-08-31 13565802 ns5:ShareCapital 2025-08-31 13565802 ns5:ShareCapital 2024-08-31 13565802 ns5:SharePremium 2025-08-31 13565802 ns5:SharePremium 2024-08-31 13565802 ns5:RetainedEarningsAccumulatedLosses 2025-08-31 13565802 ns5:RetainedEarningsAccumulatedLosses 2024-08-31 13565802 ns5:ShareCapital 2023-08-31 13565802 ns5:RetainedEarningsAccumulatedLosses 2023-08-31 13565802 ns5:SharePremium 2023-08-31 13565802 ns5:RetainedEarningsAccumulatedLosses 2023-09-01 2024-08-31 13565802 ns5:RetainedEarningsAccumulatedLosses 2024-09-01 2025-08-31 13565802 ns5:OwnedOrFreeholdAssets ns5:LandBuildings 2024-09-01 2025-08-31 13565802 ns5:ShortLeaseholdAssets ns5:LandBuildings 2024-09-01 2025-08-31 13565802 ns5:PlantMachinery 2024-09-01 2025-08-31 13565802 ns5:FurnitureFittings 2024-09-01 2025-08-31 13565802 ns5:MotorVehicles 2024-09-01 2025-08-31 13565802 ns5:ComputerEquipment 2024-09-01 2025-08-31 13565802 ns5:CostValuation 2024-08-31 13565802 ns5:CostValuation 2025-08-31 13565802 ns5:AdditionsToInvestments 2025-08-31 13565802 1 ns5:Subsidiary1 2024-09-01 2025-08-31 13565802 ns5:Subsidiary2 3 2024-09-01 2025-08-31 13565802 ns5:Associate1 1 2024-09-01 2025-08-31 13565802 3 ns5:Associate2 2024-09-01 2025-08-31 13565802 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-08-31 13565802 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-08-31 13565802 ns10:OrdinaryShareClass1 2025-08-31 13565802 ns10:OrdinaryShareClass2 2025-08-31 13565802 ns10:OrdinaryShareClass3 2025-08-31 13565802 ns10:OrdinaryShareClass4 2025-08-31 13565802 ns5:RetainedEarningsAccumulatedLosses 2024-08-31 13565802 ns5:SharePremium 2024-08-31

REGISTERED NUMBER: 13565802 (England and Wales)

Group Strategic Report, Report of the Directors and

Consolidated Financial Statements for the Year Ended 31 August 2025

for

S and L UK Holdings Limited

| S and L UK Holdings Limited (Registered number: 13565802) |

Contents of the Consolidated Financial Statements

for the Year Ended 31 August 2025

Page |

| Company Information | 1 |

| Group Strategic Report | 2 |

| Report of the Directors | 4 |

| Report of the Independent Auditors | 6 |

| Consolidated Statement of Comprehensive Income | 9 |

| Consolidated Balance Sheet | 10 |

| Company Balance Sheet | 11 |

| Consolidated Statement of Changes in Equity | 12 |

| Company Statement of Changes in Equity | 13 |

| Consolidated Cash Flow Statement | 14 |

| Notes to the Consolidated Cash Flow Statement | 15 |

| Notes to the Consolidated Financial Statements | 16 |

| S and L UK Holdings Limited |

Company Information

for the Year Ended 31 August 2025

| DIRECTORS: | S Bromberg

| Mrs L Bromberg

| B Bromberg

| REGISTERED OFFICE: | Unit 23 Millshaw Park Lane

| Millshaw Park Industrial Estate

| Leeds

| West Yorkshire

| LS11 0BL

| REGISTERED NUMBER: | 13565802 (England and Wales)

| AUDITORS: | Malcolm Jones & Co Limited

| Statutory Auditors

| Accountants and Business Advisers

| West Hill House

| Allerton Hill

| Chapel Allerton

| Leeds

| West Yorkshire

| LS7 3QB

| S and L UK Holdings Limited (Registered number: 13565802) |

Group Strategic Report

for the Year Ended 31 August 2025

The directors present their strategic report of the company and the group for the year ended 31 August 2025.

REVIEW OF BUSINESS

The parent company was originally established to consolidate and amalgamate certain former individual shareholdings under one group structure. There have been no changes over the year to any of these previous arrangements. A small new subsidiary company began to trade during the period.

This was a challenging year for Express Bi Folding Doors Limited ("Express"), the main trading subsidiary of the group, with some successes and some failures. The marketplace is very challenging currently with high interest rates affecting homeowners borrowing to fund projects. The current Government also seem to be doing their utmost to destabilise the economy and make purchasers nervous - the drawn out build up to the budget is a good example of this.

We maintained our presence at the Homebuilding, Grand Designs and IDEAL home shows which provides the opportunity to present our most popular products on a well-equipped show stand to hundreds and thousands of customers. Over the last 12 months we continued significant investment into Brand Awareness, which includes TV advertising campaigns, outdoor marketing and a large investment into digital and social media advertising.

We carried out a significant extension in our Leeds showroom to generate more footfall and orders which was successful. Our Glasgow showroom performed well throughout the year, but we decided to close our showroom in Romford, East London. Romford was challenging to staff and we didn't believe we were getting a ROI for all the efforts it was taking to promote and operate the showroom. With closing Romford, we are consolidating all our efforts into Weybridge, which since September has had a positive effect.

The two associated companies were brought into the group during the first trading period and profits shown represent the group's share of the profits, both for the current year and also in the comparative information. The presentation of the results differ significantly from those of Express due to the differences in accounting for subsidiaries and associates. Further details can be seen in the accounting policies and the notes to the financial statements. One associate is a long standing business and the other is a relatively new business. The main associate showed profits for the year and progress continues to be pleasing. The other associate had a small loss for the year which was disappointing and this situation is being continually monitored.

The other smaller subsidiary which started to trade in the year had a break-even position which was a reasonable outcome overall. Again progress is being continually monitored.

PRINCIPAL RISKS AND UNCERTAINTIES

The group is well placed to identify and manage its financial, operational and regulatory compliance risks successfully.

As the business continues to grow, we are acutely aware of the importance of brand reputation, quality of products, service levels and safety aspects in all parts of the operation. Procedures are established to monitor and manage these key strategic areas accordingly.

KEY PERFORMANCE INDICATORS

Using strong working procedures ensures the group delivers the management information required to monitor performance in key financial and non-financial areas. This enables us to make strategic decisions to maintain and improve; product quality, production efficiency, customer satisfaction, turnover levels and gross/net margins.

| S and L UK Holdings Limited (Registered number: 13565802) |

Group Strategic Report

for the Year Ended 31 August 2025

FUTURE DEVELOPMENTS

In March 2026, for Express, we opened a new showroom in Milton Keynes. The showroom is conveniently placed within an hour of some key postcodes for us, plus within an hour of the NEC exhibition centre, where we attend three exhibitions. We also believe that potential customers in North London and Hertfordshire are more likely to travel up to Milton Keynes than they were to travel to Romford, or to travel down to Weybridge because of traffic concerns within the M25.

We have partnered with a large furniture brand called Bo Concept who are dressing both our Leeds and Milton Keynes showroom, on a commission-based agreement, for any furniture sales that are made within the showroom. We believe this could become a reliable revenue stream.

We are streamlining our product offering by adapting our XP Glide and XP Glide R sliding doors, which will allow us to discontinue several products. This should ease both our stock holding and the cross training across our range of products. We are also looking to displace one of our core front door products, with a better product, that can be sold at a healthier margin. We launched a whole host of new products in 2025 including pivot doors, frameless sliding doors and bioclimatic pergolas and we anticipate increased sales volumes from those niche products.

Through our investment into brand awareness and as part of this policy, we have created a new showroom focused TV advert specifically for our regional showrooms. We have also appointed a new stand builder and will take a new exhibition stand across the UK so that we can showcase more products at National Exhibitions and capitalise on the central location of our new Milton Keynes. We are operating within a challenging and delicate market so have been very aggressive in the marketplace with our brand awareness investment, to continue to increase our market share and not be adversely affected by external economic factors.

Due to an impressive manufacturing and storage capacity, we are continuing and expanding the trade side of our business with an 'express selection' of products that is held in stock and ready for Express delivery.

Express is very well placed for another successful twelve months. We look forward to reaping the benefits of our new Milton Keynes showroom and expect our Leeds, Glasgow, Weybridge and Bournemouth showrooms to outperform last year.

We have a strong core product range to suit any upcoming regulation changes and believe we have a great offer that will suit the consumer trends in the marketplace.

ON BEHALF OF THE BOARD:

S Bromberg - Director

25 August 2026

| S and L UK Holdings Limited (Registered number: 13565802) |

Report of the Directors

for the Year Ended 31 August 2025

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

DIVIDENDS

The total distribution of dividends for the year ended 31 August 2025 will be £ 950,000 .

FUTURE DEVELOPMENTS

Likely future developments are discussed in the strategic report.

EVENTS SINCE THE END OF THE YEAR

Information relating to events since the end of the year is given in the notes to the financial statements.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 September 2024 to the date of this report.

S Bromberg

Mrs L Bromberg

Other changes in directors holding office are as follows:

B Bromberg - appointed 25 September 2024

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Group 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 the group and of the profit or loss of the group 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 and the group's transactions and disclose with reasonable accuracy at any time the financial position of the company and the group 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 the group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

| S and L UK Holdings Limited (Registered number: 13565802) |

Report of the Directors

for the Year Ended 31 August 2025

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 group'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 group's auditors are aware of that information.

ON BEHALF OF THE BOARD:

S Bromberg - Director

25 August 2026

Report of the Independent Auditors to the Members of

S and L UK Holdings Limited

Opinion

We have audited the financial statements of S and L UK Holdings Limited (the 'parent company') and its subsidiaries (the 'group') for the year ended 31 August 2025 which comprise the Consolidated Statement of Comprehensive Income, Consolidated Balance Sheet, Company Balance Sheet, Consolidated Statement of Changes in Equity, Company Statement of Changes in Equity, Consolidated Cash Flow Statement and Notes to the Consolidated 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 group's and of the parent company affairs as at 31 August 2025 and of the group's 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 group 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 group's and 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.

Other information

The directors are responsible for the other information. The other information comprises the information in the Group 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 Group 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 Group Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

Report of the Independent Auditors to the Members of

S and L UK Holdings Limited

Matters on which we are required to report by exception

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 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 by the parent company, or returns adequate for our audit have not been received from branches not visited by us; or

- | the parent company 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 four, 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 group's and the parent 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 group or the parent 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. As part of an audit in accordance with ISAs, we exercise professional judgement and maintain professional scepticism throughout the audit.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

We obtained an understanding of the legal and regulatory framework within which the group and company operates, focusing on those laws and regulations that directly effects how material balances are determined and also the disclosures in the financial statements. the laws and regulations considered by us in this context were the Companies Act 2006 and various taxation legislation.

We identified the greatest risks of material impact on the financial statements from irregularities, including fraud, to be revenue and cost recognition, override of controls by management and related party transactions. Our audit procedures to respond to revenue and cost recognition risks included sample testing a sample of income/costs across the year to agree to supporting documentation and reviewing income and costs either side of the year end to ensure they have been recognised correctly. Our audit procedures to respond to management override risks included enquiries of management about their own identification and an assessment of the risks of irregularities, reviewing the posting of journals and reviewing the accounting estimates for bias. Our audit procedures to respond to related party transaction risks included enquiries of management about all related parties and the transactions with them, to ensure they are all within the normal course of business.

Due to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. We are not responsible for preventing non-compliance and cannot be expected to detect non-compliance with all laws and regulations

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.

Report of the Independent Auditors to the Members of

S and L UK Holdings Limited

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.

Andrew Wilkinson (Senior Statutory Auditor)

for and on behalf of Malcolm Jones & Co Limited

Statutory Auditors

Accountants and Business Advisers

West Hill House

Allerton Hill

Chapel Allerton

Leeds

West Yorkshire

LS7 3QB

25 August 2026

| S and L UK Holdings Limited (Registered number: 13565802) |

Consolidated

Statement of Comprehensive

Income

for the Year Ended 31 August 2025

| 31.8.25 | 31.8.24 |

| Notes | £ | £ | £ | £ |

TURNOVER | 32,469,876 |  | 31,192,893 |  |

Cost of sales | 23,443,834 |  | 21,988,954 |  |

GROSS PROFIT | 9,026,042 |  | 9,203,939 |  |

Administrative expenses | 8,939,174 |  | 8,664,165 |  |

86,868 |  | 539,774 |  |

Other operating income | 104,540 |  | 42,000 |  |

OPERATING PROFIT | 4 | 191,408 |  | 581,774 |  |

Income from interests in

associated undertakings

net of interest and tax | 751,960 |  | 793,181 |  |

Dividends from associates | - |  | 7,558 |  |

Interest receivable and similar income | 119,314 |  | 210,942 |  |

|  |  | 871,274 |  |  |  |  | 1,011,681 |  |

PROFIT BEFORE TAXATION | 1,062,682 |  | 1,593,455 |  |

Tax on profit | 5 | 125,511 |  | 69,392 |  |

PROFIT FOR THE FINANCIAL YEAR | 937,171 |  | 1,524,063 |  |

OTHER COMPREHENSIVE INCOME | - |  | - |  |

TOTAL COMPREHENSIVE INCOME FOR THE YEAR | 937,171 |  | 1,524,063 |  |

Profit attributable to:

Owners of the parent | 937,290 |  | 1,524,063 |  |

Non-controlling interests | (119 | ) | - |  |

937,171 |  | 1,524,063 |  |

Total comprehensive income attributable to:

Owners of the parent | 937,290 |  | 1,524,063 |  |

Non-controlling interests | (119 | ) | - |  |

937,171 |  | 1,524,063 |  |

| S and L UK Holdings Limited (Registered number: 13565802) |

Consolidated Balance Sheet

31 August 2025

| 31.8.25 | 31.8.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 8 | 3,530,301 |  | 1,614,453 |  |

Investments | 9 |

| Interest in associates | 3,577,757 |  | 3,603,797 |  |

Investment property | 10 | 845,142 |  | 845,142 |  |

7,953,200 |  | 6,063,392 |  |

CURRENT ASSETS

Stocks | 11 | 4,132,790 |  | 4,151,101 |  |

Debtors | 12 | 2,269,563 |  | 2,033,471 |  |

Cash at bank and in hand | 2,055,593 |  | 5,433,686 |  |

8,457,946 |  | 11,618,258 |  |

CREDITORS

Amounts falling due within one year | 13 | 6,768,120 |  | 8,125,778 |  |

NET CURRENT ASSETS | 1,689,826 |  | 3,492,480 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 9,643,026 |  | 9,555,872 |  |

CREDITORS

Amounts falling due after more than one year | 14 | (250,074 | ) | (280,434 | ) |

PROVISIONS FOR LIABILITIES | 16 | (332,740 | ) | (202,397 | ) |

NET ASSETS | 9,060,212 |  | 9,073,041 |  |

CAPITAL AND RESERVES

Called up share capital | 17 | 149 |  | 149 |  |

Share premium | 18 | 3,437,061 |  | 3,437,061 |  |

Retained earnings | 18 | 5,623,121 |  | 5,635,831 |  |

SHAREHOLDERS' FUNDS | 9,060,331 |  | 9,073,041 |  |

NON-CONTROLLING INTERESTS | 19 | (119 | ) | - |  |

TOTAL EQUITY | 9,060,212 |  | 9,073,041 |  |

The financial statements were approved by the Board of Directors and authorised for issue on 25 August 2026 and were signed on its behalf by:

S Bromberg - Director

| S and L UK Holdings Limited (Registered number: 13565802) |

Company Balance Sheet

31 August 2025

| 31.8.25 | 31.8.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 8 | - |  | - |  |

Investments | 9 | 3,437,320 |  | 3,437,260 |  |

Investment property | 10 | - |  | - |  |

3,437,320 |  | 3,437,260 |  |

CURRENT ASSETS

Debtors | 12 | 1,198,319 |  | 1,029,976 |  |

Cash at bank | 1,040,153 |  | 1,048,322 |  |

2,238,472 |  | 2,078,298 |  |

CREDITORS

Amounts falling due within one year | 13 | 18,426 |  | 23,311 |  |

NET CURRENT ASSETS | 2,220,046 |  | 2,054,987 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 5,657,366 |  | 5,492,247 |  |

CAPITAL AND RESERVES

Called up share capital | 17 | 149 |  | 149 |  |

Share premium | 18 | 3,437,061 |  | 3,437,061 |  |

Retained earnings | 18 | 2,220,156 |  | 2,055,037 |  |

SHAREHOLDERS' FUNDS | 5,657,366 |  | 5,492,247 |  |

Company's profit for the financial year | 1,115,119 |  | 1,023,226 |  |

The financial statements were approved by the Board of Directors and authorised for issue on 25 August 2026 and were signed on its behalf by:

S Bromberg - Director

| S and L UK Holdings Limited (Registered number: 13565802) |

Consolidated Statement of Changes in Equity

for the Year Ended 31 August 2025

| Called up |

| share |  | Retained |  | Share

| capital |  | earnings |  | premium

£ | £ | £ |

Balance at 1 September 2023 | 149 |  | 4,818,768 |  | 3,437,061 |  |

Changes in equity

Dividends | - |  | (707,000 | ) | - |  |

Total comprehensive income | - |  | 1,524,063 |  | - |  |

Balance at 31 August 2024 | 149 |  | 5,635,831 |  | 3,437,061 |  |

Changes in equity

Dividends | - |  | (950,000 | ) | - |  |

Total comprehensive income | - |  | 937,290 |  | - |  |

Balance at 31 August 2025 | 149 |  | 5,623,121 |  | 3,437,061 |  |

| Non-controlling |  | Total

| Total |  | interests |  | equity

£ | £ | £ |

Balance at 1 September 2023 | 8,255,978 |  | - |  | 8,255,978 |  |

Changes in equity

Dividends | (707,000 | ) | - |  | (707,000 | ) |

Total comprehensive income | 1,524,063 |  | - |  | 1,524,063 |  |

Balance at 31 August 2024 | 9,073,041 |  | - |  | 9,073,041 |  |

Changes in equity

Dividends | (950,000 | ) | - |  | (950,000 | ) |

Total comprehensive income | 937,290 |  | (119 | ) | 937,171 |  |

Balance at 31 August 2025 | 9,060,331 |  | (119 | ) | 9,060,212 |  |

| S and L UK Holdings Limited (Registered number: 13565802) |

Company Statement of Changes in Equity

for the Year Ended 31 August 2025

| Called up |

| share |  | Retained |  | Share |  | Total

| capital |  | earnings |  | premium |  | equity

£ | £ | £ | £ |

Balance at 1 September 2023 | 149 |  | 1,738,811 |  | 3,437,061 |  | 5,176,021 |  |

Changes in equity

Dividends | - |  | (707,000 | ) | - |  | (707,000 | ) |

Total comprehensive income | - |  | 1,023,226 |  | - |  | 1,023,226 |  |

Balance at 31 August 2024 | 149 |  | 2,055,037 |  | 3,437,061 |  | 5,492,247 |  |

Changes in equity

Dividends | - |  | (950,000 | ) | - |  | (950,000 | ) |

Total comprehensive income | - |  | 1,115,119 |  | - |  | 1,115,119 |  |

Balance at 31 August 2025 | 149 |  | 2,220,156 |  | 3,437,061 |  | 5,657,366 |  |

| S and L UK Holdings Limited (Registered number: 13565802) |

Consolidated Cash Flow Statement

for the Year Ended 31 August 2025

| 31.8.25 |  | 31.8.24

| Notes | £ | £ |

Cash flows from operating activities

Cash generated from operations | 1 | (829,194 | ) | 310,115 |  |

Tax paid | 100,674 |  | (196,816 | ) |

Net cash from operating activities | (728,520 | ) | 113,299 |  |

Cash flows from investing activities

Purchase of tangible fixed assets | (2,475,709 | ) | (680,121 | ) |

Sale of tangible fixed assets | 24,750 |  | 97,205 |  |

Loans repayments by associated companies | 3,000 |  | 55,462 |  |

Interest received | 120,386 |  | 208,803 |  |

Dividends received from associates | 628,000 |  | 750,000 |  |

Net cash from investing activities | (1,699,573 | ) | 431,349 |  |

Cash flows from financing activities

Equity dividends paid | (950,000 | ) | (707,000 | ) |

Net cash from financing activities | (950,000 | ) | (707,000 | ) |

Decrease in cash and cash equivalents | (3,378,093 | ) | (162,352 | ) |

Cash and cash equivalents at beginning of year | 2 | 5,433,686 |  | 5,596,038 |  |

Cash and cash equivalents at end of year | 2 | 2,055,593 |  | 5,433,686 |  |

| S and L UK Holdings Limited (Registered number: 13565802) |

Notes to the Consolidated Cash Flow Statement

for the Year Ended 31 August 2025

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

| 31.8.25 |  | 31.8.24

£ | £ |

| Profit before taxation | 1,062,682 |  | 1,593,455 |  |

| Depreciation charges | 559,861 |  | 426,786 |  |

| Profit on disposal of fixed assets | (24,750 | ) | (26,417 | ) |

| Finance income | (871,274 | ) | (1,011,681 | ) |

726,519 |  | 982,143 |  |

| Decrease/(increase) in stocks | 18,311 |  | (716,021 | ) |

| Increase in trade and other debtors | (217,446 | ) | (89,826 | ) |

| (Decrease)/increase in trade and other creditors | (1,356,578 | ) | 133,819 |  |

| Cash generated from operations | (829,194 | ) | 310,115 |  |

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 August 2025

| 31.8.25 |  | 1.9.24

£ | £ |

| Cash and cash equivalents | 2,055,593 |  | 5,433,686 |  |

| Year ended 31 August 2024

| 31.8.24 |  | 1.9.23

£ | £ |

| Cash and cash equivalents | 5,433,686 |  | 5,596,038 |  |

3. | ANALYSIS OF CHANGES IN NET FUNDS

| At 1.9.24 | Cash flow | At 31.8.25

£ | £ | £ |

| Net cash |

| Cash at bank and in hand | 5,433,686 |  | (3,378,093 | ) | 2,055,593 |  |

5,433,686 |  | (3,378,093 | ) | 2,055,593 |  |

| Total | 5,433,686 |  | (3,378,093 | ) | 2,055,593 |  |

| S and L UK Holdings Limited (Registered number: 13565802) |

Notes to the Consolidated Financial Statements

for the Year Ended 31 August 2025

1. | STATUTORY INFORMATION

| S and L UK Holdings 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 General Information page.

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

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

| Basis of consolidation

| The consolidated financial statements incorporate those of S and L UK Holdings Limited and all of its subsidiaries (i.e. entities that the group controls through its power to govern the financial and operating policies so as to obtain economic benefits).

| All financial statements are made up to 31 August 2025. Where necessary, adjustments are made to the financial statements of subsidiaries to bring the accounting policies used in line with those used by other members of the group.

| All intra-group transactions, balances and unrealised gains on transactions between group companies are eliminated on consolidation.

| The principal subsidiary company was acquired on 28 February 2022 via a group reconstruction which comprised a direct share for share exchange of the shares of the subsidiary for the shares of the new parent company. All of the conditions required for merger accounting were met and hence the consolidation of this subsidiary has been included on this basis since acquisition.

| The other small subsidiary has been accounted for using the purchase method (acquisition accounting) taking accounting of the applicable non-controlling interest.

| Associates and joint ventures

| An associate is an entity over which the Group has significant influence. Significant influence is the power to participate in, but not to control or jointly control, the financial and operating policy decisions of the investee. A joint venture is an activity that is controlled jointly by the Group and one or more other investors under a contractual arrangement. The Group has two investments in associated companies.

| Investments in associates and joint ventures are recognised initially in the consolidated statement of financial position at cost (including transaction costs). Cost includes nominal value plus any deemed share premium for value acquired depending on the terms of the original transactions. Subsequently, they are accounted for using the equity method.

| In the separate financial statements, the Parent Company measures investments in associates and joint ventures at cost as defined above less impairment.

| 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.

| Transactions between group entities which have been eliminated on consolidation are not disclosed within the financial statements.

| S and L UK Holdings Limited (Registered number: 13565802) |

Notes to the Consolidated Financial Statements - continued

for the Year Ended 31 August 2025

2. | ACCOUNTING POLICIES - continued

| Turnover

| Turnover represents amounts receivable for goods and services provided, net of value added tax.

| Revenue from the sale of goods is normally recognised on dispatch of goods. This is the point when the significant risks and rewards of ownership are passed to the customer, the amount of revenue can be reliably measured, it is probable that economic benefits associated with the transaction will flow to the entity and that costs incurred can be measured reliably.

| Revenue from contracts where there is a provision of services involved, is recognised on completion of a contract or, where a contract can be split into definable parts, when each part is fully completed.

| Tangible fixed assets

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

| Freehold property | - | not provided

| Short leasehold | - | 15% on cost

| Plant and machinery | - | 20% on cost

| Fixtures and fittings | - | 15% on cost

| Motor vehicles | - | 20% on cost

| Computer equipment | - | 20% on cost

| Investments in associates

| Investments in associate undertakings are recognised at cost.

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| Stocks

| Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

| Taxation

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

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

| S and L UK Holdings Limited (Registered number: 13565802) |

Notes to the Consolidated Financial Statements - continued

for the Year Ended 31 August 2025

2. | ACCOUNTING POLICIES - continued

| Hire purchase and leasing commitments

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

| The benefits of lease incentives connected with property leases are recognised in the Statement of Comprehensive Income over the term of the leases.

| Pension costs and other post-retirement benefits

| The group operates a defined contribution pension scheme. Contributions payable to the group's pension scheme are charged to profit or loss in the period to which they relate.

3. | EMPLOYEES AND DIRECTORS

| 31.8.25 |  | 31.8.24

£ | £ |

| Wages and salaries | 7,420,999 |  | 7,430,860 |  |

| Social security costs | 813,464 |  | 744,390 |  |

| Other pension costs | 219,236 |  | 193,215 |  |

8,453,699 |  | 8,368,465 |  |

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

| 31.8.25 |  | 31.8.24

| Directors | 3 |  | 2 |  |

| Administration | 16 |  | 17 |  |

| Selling and marketing | 33 |  | 33 |  |

| Production and installation | 179 |  | 178 |  |

231 |  | 230 |  |

| 31.8.25 |  | 31.8.24

£ | £ |

| Directors' remuneration | 23,863 |  | 23,537 |  |

| Directors' pension contributions to money purchase schemes | 32,000 |  | 8,800 |  |

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

| Money purchase schemes | 1 |  | 1 |  |

4. | OPERATING PROFIT

| The operating profit is stated after charging/(crediting):

| 31.8.25 |  | 31.8.24

£ | £ |

| Hire of plant and machinery | 82,209 |  | 100,683 |  |

| Depreciation - owned assets | 559,861 |  | 426,786 |  |

| Profit on disposal of fixed assets | (24,750 | ) | (26,417 | ) |

| Auditors' remuneration | 17,250 |  | 16,200 |  |

| Other non- audit services | 9,700 |  | 6,200 |  |

| Property operating lease rentals | 1,094,642 |  | 937,458 |  |

| Vehicle operating lease rentals | 737,722 |  | 748,155 |  |

| S and L UK Holdings Limited (Registered number: 13565802) |

Notes to the Consolidated Financial Statements - continued

for the Year Ended 31 August 2025

5. | TAXATION

| Analysis of the tax charge

| The tax charge on the profit for the year was as follows:

| 31.8.25 |  | 31.8.24

£ | £ |

| Current tax:

| UK corporation tax | (4,832 | ) | 170,647 |  |

| Prior year over provision | - |  | (169,487 | ) |

| Total current tax | (4,832 | ) | 1,160 |  |

| Deferred tax | 130,343 |  | 68,232 |  |

| Tax on profit | 125,511 |  | 69,392 |  |

| UK corporation tax has been charged at 25 % (2024 - 25 %).

| Reconciliation of total tax charge included in profit and loss

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

| 31.8.25 |  | 31.8.24

£ | £ |

| Profit before tax | 1,062,682 |  | 1,593,455 |  |

| Profit multiplied by the standard rate of corporation tax in the UK of 25 % (2024 - 25 %) | 265,671 |  | 398,364 |  |

| Effects of:

| Expenses not deductible for tax purposes | 306 |  | 1,740 |  |

| Depreciation in excess of capital allowances | 47,450 |  | 40,349 |  |

| Adjustments to tax charge in respect of previous periods | - |  | (170,876 | ) |

| Impact of share of profits of associates already included net of tax * | (187,990 | ) | (198,295 | ) |

| Dividend from associates not taxable | - |  | (1,890 | ) |

| Unrelieved tax losses | 74 |  | - |  |

| Total tax charge | 125,511 |  | 69,392 |  |

| * Due to the equity accounting method for associates, the income statement shows the after-tax results of associates as part of the pre-tax profit of the Group. As a result, a reconciling item is required to then balance the total Group profit using the tax rate of 25% to the total Group tax charge for the period.

6. | INDIVIDUAL STATEMENT OF COMPREHENSIVE INCOME

| As permitted by Section 408 of the Companies Act 2006, the Income Statement of the parent company is not presented as part of these financial statements.

| S and L UK Holdings Limited (Registered number: 13565802) |

Notes to the Consolidated Financial Statements - continued

for the Year Ended 31 August 2025

7. | DIVIDENDS

| 31.8.25 |  | 31.8.24

£ | £ |

| A ordinary shares of £1 each |

| Interim | 700,000 |  | 417,000 |  |

| B ordinary shares of £1 each |

| Interim | 247,000 |  | 273,000 |  |

| C ordinary shares of £1 each |

| Interim | 3,000 |  | 17,000 |  |

950,000 |  | 707,000 |  |

8. | TANGIBLE FIXED ASSETS

| Group

| Freehold |  | Short |  | Plant and

| property |  | leasehold |  | machinery

£ | £ | £ |

| COST

| At 1 September 2024 | - |  | 4,243,004 |  | 1,189,872 |  |

| Additions | 1,257,542 |  | 21,486 |  | 563,375 |  |

| Disposals | - |  | (2,173,807 | ) | (843,379 | ) |

| At 31 August 2025 | 1,257,542 |  | 2,090,683 |  | 909,868 |  |

| DEPRECIATION

| At 1 September 2024 | - |  | 3,411,944 |  | 949,164 |  |

| Charge for year | - |  | 320,379 |  | 127,382 |  |

| Eliminated on disposal | - |  | (2,173,807 | ) | (843,379 | ) |

| At 31 August 2025 | - |  | 1,558,516 |  | 233,167 |  |

| NET BOOK VALUE

| At 31 August 2025 | 1,257,542 |  | 532,167 |  | 676,701 |  |

| At 31 August 2024 | - |  | 831,060 |  | 240,708 |  |

| S and L UK Holdings Limited (Registered number: 13565802) |

Notes to the Consolidated Financial Statements - continued

for the Year Ended 31 August 2025

8. | TANGIBLE FIXED ASSETS - continued

| Group

| Fixtures |

| and |  | Motor |  | Computer |

| fittings |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 September 2024 | 937,330 |  | 284,594 |  | 660,808 |  | 7,315,608 |  |

| Additions | 147,901 |  | 352,420 |  | 132,985 |  | 2,475,709 |  |

| Disposals | (852,232 | ) | (19,820 | ) | (313,460 | ) | (4,202,698 | ) |

| At 31 August 2025 | 232,999 |  | 617,194 |  | 480,333 |  | 5,588,619 |  |

| DEPRECIATION

| At 1 September 2024 | 915,487 |  | 105,838 |  | 318,722 |  | 5,701,155 |  |

| Charge for year | 11,044 |  | 100,655 |  | 401 |  | 559,861 |  |

| Eliminated on disposal | (852,232 | ) | (19,820 | ) | (313,460 | ) | (4,202,698 | ) |

| At 31 August 2025 | 74,299 |  | 186,673 |  | 5,663 |  | 2,058,318 |  |

| NET BOOK VALUE

| At 31 August 2025 | 158,700 |  | 430,521 |  | 474,670 |  | 3,530,301 |  |

| At 31 August 2024 | 21,843 |  | 178,756 |  | 342,086 |  | 1,614,453 |  |

9. | FIXED ASSET INVESTMENTS

| Group

| Interest

| in

| associates

£ |

| COST

| At 1 September 2024 | 3,603,797 |  |

| Share of profit/(loss) | 751,960 |  |

| Dividends received | (778,000 | ) |

| At 31 August 2025 | 3,577,757 |  |

| NET BOOK VALUE

| At 31 August 2025 | 3,577,757 |  |

| At 31 August 2024 | 3,603,797 |  |

| S and L UK Holdings Limited (Registered number: 13565802) |

Notes to the Consolidated Financial Statements - continued

for the Year Ended 31 August 2025

9. | FIXED ASSET INVESTMENTS - continued

| Company

| Shares in |  | Interest |

| group |  | in |

| undertakings |  | associates |  | Totals

£ | £ | £ |

| COST

| At 1 September 2024 | 100 |  | 3,437,160 |  | 3,437,260 |  |

| Additions | 60 |  | - |  | 60 |  |

| At 31 August 2025 | 160 |  | 3,437,160 |  | 3,437,320 |  |

| NET BOOK VALUE

| At 31 August 2025 | 160 |  | 3,437,160 |  | 3,437,320 |  |

| At 31 August 2024 | 100 |  | 3,437,160 |  | 3,437,260 |  |

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

| Subsidiaries

| Express Bi Foldings Doors Limited

| Registered office: Unit 23 Millshaw Park Lane, Millshaw Park Industrial Estate, Leeds, LS11 0BL

| Nature of business: Door manufacturing

| %

| Class of shares: | holding |

| Ordinary | 100.00 |

| The subsidiary has been accounted for using merger accounting as described in the accounting policies.

| Exterior Spaces from Express Limited

| Registered office: Unit 23 Millshaw Park Lane, Millshaw Park Industrial Estate, Leeds, LS11 0BL

| Nature of business: Garden furniture and related products

| %

| Class of shares: | holding |

| Ordinary | 60.00 |

| Associated companies

| Morley Glass & Glazing Limited

| Registered office: Unit 3 Leeds 27 Industrial Estate Bruntcliffe Way, Morley, Leeds, LS27 0HH

| Nature of business: Specialist glazing solutions

| %

| Class of shares: | holding |

| Ordinary | 49.00 |

| S and L UK Holdings Limited (Registered number: 13565802) |

Notes to the Consolidated Financial Statements - continued

for the Year Ended 31 August 2025

9. | FIXED ASSET INVESTMENTS - continued

| Prestigious Watches Limited

| Registered office: West Hill House, Allerton Hill, Chapel Allerton, Leeds, LS7 3QB

| Nature of business: Sale of luxury timepieces and jewellery

| %

| Class of shares: | holding |

| Ordinary | 50.00 |

| Prestigious Watches Limited now has a year-end of 31 August 2025. It has not been audited due to audit exemptions available. The previous year-end was 30 June 2024. The results are not material to the group and there are no material differences arising in connection with this being a 14 month accounting period compared to the normal group accounting period of 12 months.

| Based on the circumstances of each company and the relationship with the parent company, both are accounted for as associate companies using the equity method as described in the accounting policies. Interests in associates for the group represents the relevant group share of the net assets of each associate as aggregated.

10. | INVESTMENT PROPERTY

| Group

| Total

£ |

| FAIR VALUE

| At 1 September 2024

| and 31 August 2025 | 845,142 |  |

| NET BOOK VALUE

| At 31 August 2025 | 845,142 |  |

| At 31 August 2024 | 845,142 |  |

| The fair value of the investment property has been determined by the director, by reference to recent market prices of similar properties in the area. If the asset was being carried under the cost model, the carrying amount would be £845,142.

11. | STOCKS

| Group |

| 31.8.25 |  | 31.8.24 |

£ | £ |

| Stocks | 2,393,381 |  | 2,112,725 |  |

| Work-in-progress | 1,739,409 |  | 2,038,376 |  |

4,132,790 |  | 4,151,101 |  |

| S and L UK Holdings Limited (Registered number: 13565802) |

Notes to the Consolidated Financial Statements - continued

for the Year Ended 31 August 2025

12. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| Group |  | Company |

| 31.8.25 |  | 31.8.24 |  | 31.8.25 |  | 31.8.24 |

£ | £ | £ | £ |

| Trade debtors | 494,626 |  | 420,352 |  | - |  | - |  |

| Amounts owed by group undertakings | - |  | - |  | 16,379 |  | 11,376 |  |

| Other debtors | 151,734 |  | 12,575 |  | 27,412 |  | 10,000 |  |

| Owed by associated

| undertakings | 1,150,000 |  | 1,003,000 |  | 1,150,000 |  | 1,003,000 |  |

| Corporation tax recoverable | 43,465 |  | 170,747 |  | 1,260 |  | 1,260 |  |

| Prepayments | 429,738 |  | 426,797 |  | 3,268 |  | 4,340 |  |

2,269,563 |  | 2,033,471 |  | 1,198,319 |  | 1,029,976 |  |

| Amounts owed by associated companies are interest free and and have no formal repayment terms. As such they are included in debtors due within one year.

13. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| Group |  | Company |

| 31.8.25 |  | 31.8.24 |  | 31.8.25 |  | 31.8.24 |

£ | £ | £ | £ |

| Trade creditors | 5,885,398 |  | 7,136,499 |  | - |  | - |  |

| Amounts owed to group undertakings | - |  | - |  | 60 |  | - |  |

| Corporation tax | 12,373 |  | 43,813 |  | 12,373 |  | 13,039 |  |

| Social security and other taxes | 648,263 |  | 425,672 |  | - |  | - |  |

| Other creditors | 450 |  | 15,233 |  | 450 |  | 98 |  |

| Directors' current accounts | 1,270 |  | 1,787 |  | 1,009 |  | 1,527 |  |

| Accrued expenses | 220,366 |  | 502,774 |  | 4,534 |  | 8,647 |  |

6,768,120 |  | 8,125,778 |  | 18,426 |  | 23,311 |  |

14. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| Group |

| 31.8.25 |  | 31.8.24 |

£ | £ |

| Accruals and deferred income | 250,074 |  | 280,434 |  |

15. | LEASING AGREEMENTS

| Minimum lease payments fall due as follows:

| Group

| Non-cancellable |

| operating leases |

| 31.8.25 |  | 31.8.24

£ | £ |

| Within one year | 1,759,539 |  | 1,693,306 |  |

| Between one and five years | 3,620,546 |  | 3,924,816 |  |

| In more than five years | 1,690,911 |  | 1,519,725 |  |

7,070,996 |  | 7,137,847 |  |

| S and L UK Holdings Limited (Registered number: 13565802) |

Notes to the Consolidated Financial Statements - continued

for the Year Ended 31 August 2025

16. | PROVISIONS FOR LIABILITIES

| Group |

| 31.8.25 |  | 31.8.24 |

£ | £ |

| Deferred tax | 332,740 |  | 202,397 |  |

| Group

| Deferred |

| tax |

£ |

| Balance at 1 September 2024 | 202,397 |  |

| Charge to Statement of Comprehensive Income during year | 130,343 |  |

| Balance at 31 August 2025 | 332,740 |  |

17. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.8.25 |  | 31.8.24

| value: | £ | £ |

| 50 | A ordinary | £1 | 50 |  | 50 |  |

| 45 | B ordinary | £1 | 45 |  | 45 |  |

| 5 | C ordinary | £1 | 5 |  | 5 |  |

| 49 | M ordinary | £1 | 49 |  | 49 |  |

149 |  | 149 |  |

18. | RESERVES

| Group

| Retained |  | Share |

| earnings |  | premium |  | Totals

£ | £ | £ |

| At 1 September 2024 | 5,635,831 |  | 3,437,061 |  | 9,072,892 |  |

| Profit for the year | 937,290 |  | 937,290 |  |

| Dividends | (950,000 | ) | (950,000 | ) |

| At 31 August 2025 | 5,623,121 |  | 3,437,061 |  | 9,060,182 |  |

| Company

| Retained |  | Share |

| earnings |  | premium |  | Totals

£ | £ | £ |

| At 1 September 2024 | 2,055,037 |  | 3,437,061 |  | 5,492,098 |  |

| Profit for the year | 1,115,119 |  | 1,115,119 |  |

| Dividends | (950,000 | ) | (950,000 | ) |

| At 31 August 2025 | 2,220,156 |  | 3,437,061 |  | 5,657,217 |  |

| S and L UK Holdings Limited (Registered number: 13565802) |

Notes to the Consolidated Financial Statements - continued

for the Year Ended 31 August 2025

19. | NON-CONTROLLING INTERESTS

| The non-controlling interest represents the 40% shareholding not owned by the group in Exterior Spaces from Express Limited. The amount is 40% of the net liabilities of that company as at 31 August 2025.

20. | CAPITAL COMMITMENTS

| 31.8.25 |  | 31.8.24

£ | £ |

| Contracted but not provided for in the

| financial statements | 85,370 |  | 839,500 |  |

| This represents the cost of a new vehicle for the group, the deposit having been paid within the year. The vehicle has been delivered post year-end.

21. | RELATED PARTY DISCLOSURES

| Disclosure re members of the Key Management Personnel:

| Key Management Personnel compensation £216,950 (2024 - £127,059).

| Dividends paid to Key Management Personnel £950,000 (2024 - £707,000).

| Balances with Key Management Personnel: Creditors - £1,719 (2024 - £1,885).

| Transactions with entities either controlled by Key Management Personnel or which have Key Management Personnel in common who control this company:

| Sales - £807,738 (2024 - £620,374)

| Purchases - £26,899 (2024 - £28,314)

| Debtors - £195,445 (2024 - £nil)

| Creditors - £2,679 (2024 - £17,283)

22. | POST BALANCE SHEET EVENTS

| A group investment property with a carrying value of approximately £505,000 was sold after the year-end for approximately £555,000.

23. | ULTIMATE CONTROLLING PARTY

| The company and group is controlled by S Bromberg and L Bromberg.

24. | PARENT GUARANTEE

| A subsidiary company, Exterior Spaces from Express Limited, is exempt from an a statutory audit, in accordance with Section 479A of the Companies Act 2006. Consequently, S and L UK Holdings Limited has provided a parental guarantee.