EPH Controls Limited iXBRL

EPH Controls Limited

Reports and Financial Statements

for the financial year ended 31 December 2025

EPH Controls Limited

DIRECTORS AND OTHER INFORMATION


Directors	Edward Casey
	Marie Casey


Company Secretary	Edward Casey


Company Registration Number	07162534


Registered Office	79 College Road
	Harrow
	London
	HA1 1BD


Business Address	South Link Road
	Cork,
	T12 F753
	Ireland


Independent Auditors	Crowley Young
	Chartered Accountants
	Level 1
	Devonshire House
	One Mayfair Place
	London
	W1J 8AJ

EPH Controls Limited

STRATEGIC REPORT

for the financial year ended 31 December 2025

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

Review of the Company's Business

Company Overview

EPH Controls is a leading supplier of heating controls and continues to increase its market share in the United Kingdom.

The company strives to produce high quality, cost effective products for the homeowner.

Company performance

During the financial year, the company reported a turnover of £18.6m (FY24: £15.1m) and a profit before tax of £4.1m (FY24: £2.7m). As at year end, net assets were £4m (FY24: £3.4m), following payment of a dividend of £3m (FY24: £1.7m).

The directors are pleased with the company’s performance. Despite the challenging economic landscape the company increased profitability.

The directors have considered the company’s financial requirements based on projected turnover and have deemed the company is adequately capitalised to deliver on its strategic objectives over the coming 12 months.

Principal Risks and Uncertainties

The directors are very much aware of the inherent risks within the building sector. The company monitors and seeks to manage these risks through internal controls and maintaining awareness of the markets within which it operates.

Inflationary Risk

While price inflation is softening it does continue to be challenging. A careful and sensitive approach to pricing and cost management, together with the maintenance of strong relationships and understanding with clients and suppliers helps to ensure that the company can adapt to changing market conditions.

Credit Risk

The Company provides credit terms to many of its customers and there is an associated risk that customers do not pay outstanding balances as they fall due. The company has implemented policies that require appropriate credit checks on potential customers before sales are made. The amount of exposure to any customer is subject to a limit, which is reviewed on an ongoing basis.

Commercial and Economic Risk

In recent years, the UK economy has faced considerable challenges, including the effects of Covid-19, Brexit, rising inflation, increases in interest rates from historically low levels and ongoing global conflicts. Although interest rates have declined from their peaks, continued international tensions and the threat of inflation continue to shape the UK's economic outlook. The Company maintains strong client relationships ensuring it remains well positioned to secure future opportunities.

The company faces strong competition from other distributors and manufacturers which could potentially affect the company's performance. To ensure these effects are understood, the company's senior management continually review markets and competitors and put in place measures to react commercially or operationally where necessary.

Financial Key Performance Indicators

Key performance indicators used by management include turnover, gross profit margin, EBITDA, working capital efficiency and return on capital.

Section 172 Statement

The board of directors plan for the business is designed to have a long term beneficial impact on the company and to contribute to its success in delivering good quality residential property developments.

Our employees are fundamental to the delivery of our plan. We aim to be a responsible employer in our approach to the pay and benefits our employees receive. The health, safety and well-being of our employees is one of our primary considerations in the way we do business.

We act responsibly and fairly in our dealings with our suppliers and co-operate with our regulators, all of whom are integral to the successful delivery of our plan. We consider how our business impacts the community and the environment.

As the Board of Directors, our intention is to behave responsibly and we ensure that all employees at management level act in a responsible manner, operating within the high standards of business conduct and good governance expected for a a business such as ours.

Our intention is to behave responsibly towards our shareholders and treat them fairly so they too may benefit from the successful delivery of our plan.

On behalf of the board

___________________________

Edward Casey

Director

___________________________

Marie Casey

Director


31 August 2026

EPH Controls Limited

DIRECTORS' REPORT

for the financial year ended 31 December 2025

The directors present their report and the audited financial statements for the financial year ended 31 December 2025.

Principal Activity

Sale of heating and plumbing merchandise.

Results and Dividends

The profit for the financial year after providing for depreciation and taxation amounted to £3,604,689 (2024 - £2,337,157).

The directors have paid a final dividend amounting to £3,000,000.

The directors propose a dividend of £3,000,000.

Directors

The directors who served during the financial year are as follows:

Edward Casey

Marie Casey

There were no changes in shareholdings between 31 December 2025 and the date of signing the financial statements.

Future Developments

Future objectives continue to be the organic growth of the company's business through the continued focus on customer service. Employees are kept as fully informed as practicable about developments within the business.

Post-Balance Sheet Events

There have been no significant events affecting the company since the financial year-end.

Political Contributions

The company did not make any disclosable political donations in the current financial year.

Statement of Directors' Responsibilities

The directors are responsible for preparing the Strategic Report, Directors' Report 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) including FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland”. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to:

■select suitable accounting policies and apply them consistently;

■make judgements and accounting estimates that are reasonable and prudent;

■prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Disclosure of Information to Auditor

Each persons who are directors at the date of approval of this report confirms that:

In so far as the directors are aware:

■there is no relevant audit information (information needed by the company's auditor in connection with preparing the auditor's report) of which the company's auditor is unaware, and

■the directors have taken all the steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the company's auditor is aware of that information.

Auditors

The auditors, Crowley Young, (Chartered Accountants) have indicated their willingness to continue in office in accordance with the provisions of Section 485 of the Companies Act 2006.

On behalf of the board

___________________________

Edward Casey

Director

___________________________

Marie Casey

Director

31 August 2026

INDEPENDENT AUDITOR'S REPORT

to the Shareholders of EPH Controls Limited

Report on the audit of the financial statements

Opinion

We have audited the financial statements of EPH Controls Limited ('the company') for the financial year ended 31 December 2025 which comprise the Profit and Loss Account, the Balance Sheet, the Reconciliation of Shareholders' Funds, the Cash Flow Statement and the related notes to the financial statements, including significant accounting policies set out in note . The financial reporting framework that has been applied in their preparation is applicable Law and United Kingdom Accounting Standards, including FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

■give a true and fair view of the state of the company's affairs as at 31 December 2025 and of its profit for the financial 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 Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and the Provisions Available for Audits of Small Entities, in the circumstances set out in Note to the financial statements, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from the date 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 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.

Opinion on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

■

the information given in the Strategic Report and the Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

■

the Strategic Report and the Directors' Report have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of our knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified any material misstatements in the Strategic Report and the Directors' Report.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

■

adequate accounting records have not been kept; or

■

the financial statements are not in agreement with the accounting records and returns; or

■

certain disclosures of directors' remuneration specified by law are not made; or

■

we have not received all the information and explanations we require for our audit.

Responsibilities of directors for the financial statements

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 they determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or has no realistic alternative but to do so.

Auditor's 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 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 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:

Our procedures included: enquiry of management and those charged with Governance around actual and potential litigation and claims; enquiry of entity staff in tax and compliance functions to identify any instances of non-compliance with laws and regulations; reviewing minutes of meetings of those charged with governance; reviewing financial statement disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations; auditing the risk of management override of controls, including through testing journal entries and other adjustments for appropriateness.

A further description of our responsibilities for the audit of the financial statements is contained in the appendix to this report, located at page , which is to be read as an integral part of our report.

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 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.

__________________________________

Fintan Crowley (Senior Statutory Auditor)

for and on behalf of

CROWLEY YOUNG

Chartered Accountants

Level 1

Devonshire House

One Mayfair Place

London

W1J 8AJ

31 August 2026

EPH Controls Limited

APPENDIX TO THE INDEPENDENT AUDITOR'S REPORT

Further information regarding the scope of our responsibilities as auditor

As part of an audit in accordance with ISAs (UK), we exercise professional judgement and maintain professional scepticism throughout the audit. We also:

■

Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

■

Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the company's internal control.

■

Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the directors.

■

Conclude on the appropriateness of the directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our Auditor's Report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our Auditor's Report. However, future events or conditions may cause the company to cease to continue as a going concern.

■

Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

EPH Controls Limited

PROFIT AND LOSS ACCOUNT

for the financial year ended 31 December 2025

	2025	2024
Notes	£	£

Turnover	3	18,651,367	15,137,488

Cost of sales		(12,648,527)	(10,653,877)
		─────────	─────────
Gross profit		6,002,840	4,483,611

Distribution costs		(203,792)	(201,656)
Administrative expenses		(1,660,651)	(1,616,155)
		─────────	─────────
Operating profit	4	4,138,397	2,665,800

Interest receivable and similar income	5	-	6,451
		─────────	─────────
Profit before taxation		4,138,397	2,672,251

Tax on profit	7	(533,708)	(335,094)
		─────────	─────────
Profit for the financial year	15	3,604,689	2,337,157
		─────────	─────────
Total comprehensive income		3,604,689	2,337,157
		═════════	═════════

EPH Controls Limited

Company Registration Number: 07162534

BALANCE SHEET

as at 31 December 2025

		2025	2024
	Notes	£	£

Fixed Assets

Tangible assets

284,526

291,507

─────────

Current Assets

Debtors

6,863,660

3,266,402

Cash and cash equivalents

680,126

940,112

─────────

7,543,786

4,206,514

─────────

Creditors: amounts falling due within one year

(3,852,444)

(1,126,842)

─────────

Net Current Assets

3,691,342

3,079,672

─────────

Total Assets less Current Liabilities

3,975,868

3,371,179

═════════

Capital and Reserves

Called up share capital

100

100

Retained earnings

3,975,768

3,371,079

─────────

Equity attributable to owners of the company

3,975,868

3,371,179

═════════

Approved by the Board and authorised for issue on 31 August 2026 and signed on its behalf by

________________________________

Edward Casey

Director

________________________________

Marie Casey

Director

EPH Controls Limited

RECONCILIATION OF SHAREHOLDERS' FUNDS

as at 31 December 2025

	Called up	Retained	Total
	share	earnings
	capital
	£	£	£

At 1 January 2024	100	2,716,522	2,716,622
	─────────	─────────	─────────
Profit for the financial year	-	2,337,157	2,337,157
	─────────	─────────	─────────
Payment of dividends	-	(1,682,600)	(1,682,600)
	─────────	─────────	─────────
At 31 December 2024	100	3,371,079	3,371,179
	─────────	─────────	─────────
Profit for the financial year	-	3,604,689	3,604,689
	─────────	─────────	─────────
Payment of dividends	-	(3,000,000)	(3,000,000)
	─────────	─────────	─────────
At 31 December 2025	100	3,975,768	3,975,868
	═════════	═════════	═════════

EPH Controls Limited

CASH FLOW STATEMENT

for the financial year ended 31 December 2025

	2025	2024
Notes	£	£

Cash flows from operating activities

Profit for the financial year

3,604,689

2,337,157

Adjustments for:

Interest receivable and similar income

(6,451)

Tax on profit on ordinary activities

533,708

335,094

Depreciation

58,468

58,237

Profit/loss on disposal of tangible assets

(3,412)

270

─────────

4,193,453

2,724,307

Movements in working capital:

Movement in debtors

(3,566,206)

137,371

Movement in creditors

2,618,798

(1,665,129)

─────────

Cash generated from operations

3,246,045

1,196,549

Tax paid

(426,904)

Tax repaid

(393,904)

─────────

Net cash generated from operating activities

2,819,141

802,645

─────────

Cash flows from investing activities

Interest received

6,451

Payments to acquire tangible assets

(91,825)

(161,154)

Receipts from sales of tangible assets

43,750

54,607

─────────

Net cash used in investment activities

(48,075)

(100,096)

─────────

Cash flows from financing activities

Advances to subsidiaries/group companies		(31,052)	(86,348)
Dividends paid		(3,000,000)	(1,682,600)
		─────────	─────────
Net cash used in financing activities		(3,031,052)	(1,768,948)
		─────────	─────────

Net decrease in cash and cash equivalents		(259,986)	(1,066,399)
Cash and cash equivalents at beginning of financial year		940,112	2,006,511
		─────────	─────────
Cash and cash equivalents at end of financial year	11	680,126	940,112
		═════════	═════════

EPH Controls Limited

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 December 2025

General Information

EPH Controls Limited is a company limited by shares incorporated and registered in the United Kingdom. The registered number of the company is 07162534. The registered office of the company is 79 College Road, Harrow, London, HA1 1BD. The nature of the company's operations and its principal activities are set out in the Directors' Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 31 December 2025 have been prepared in accordance with the Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland (FRS 102) issued by the Financial Reporting Council and in accordance with the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Turnover

Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Tangible assets and depreciation

Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:

Fixtures, fittings and equipment

25% Reducing balance

Motor vehicles

33.33% Reducing balance

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Employee benefits

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund.

Taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

Turnover

The whole of the company's turnover is attributable to its market in the United Kingdom and is derived from the principal activity of


4.	Operating profit	2025	2024
		£	£
	Operating profit is stated after charging/(crediting):
	Depreciation of tangible assets	58,468	58,237
	(Profit)/loss on disposal of tangible assets	(3,412)	270
	Profit on foreign currencies	(2,100)	(7,694)
	Auditor's remuneration
	- audit services	4,358	3,408
		═════════	═════════


5.	Interest receivable and similar income	2025	2024
		£	£

	Bank interest	-	6,451
		═════════	═════════

Employees and remuneration

Number of employees

The average number of persons employed (including executive directors) during the financial year was as follows:

2025

2024

Number

Number

Management

Sales

─────────

═════════

The staff costs comprise:

2025

2024

Wages and salaries

999,210

1,032,226

Social security costs

130,779

128,342

Pension costs

21,472

21,204

─────────

1,151,461

1,181,772

═════════

Tax on profit

2025

2024

(a) Analysis of charge in the financial year

Current tax:

Corporation tax at 12.50% (2024 - 12.50%) (Note 7 (b))

533,708

335,094

═════════

(b) Factors affecting tax charge for the financial year

The tax assessed for the financial year differs from the standard rate of corporation tax in the United Kingdom 12.50% (2024 - 12.50%). The differences are explained below:

2025

2024

Profit taxable at 12.50%

4,138,397

2,672,251

═════════

Profit before tax

multiplied by the standard rate of corporation tax

in the United Kingdom at 12.50% (2024 - 12.50%)

517,300

334,031

Effects of:

Expenses not deductible for tax purposes

5,814

4,388

Depreciation in excess of capital allowances for period

1,286

(3,325)

Exchange difference

9,308

─────────

Total tax charge for the financial year (Note 7 (a))

533,708

335,094

═════════


8.	Dividends	2025	2024
		£	£
	Dividends on equity shares:

	Ordinary - Final paid	3,000,000	1,682,600
		═════════	═════════


9.	Tangible assets
		Fixtures,	Motor	Total
		fittings and	vehicles
		equipment
		£	£	£
	Cost
	At 1 January 2025	4,218	459,743	463,961
	Additions	-	91,825	91,825
	Disposals	-	(115,195)	(115,195)
		─────────	─────────	─────────
	At 31 December 2025	4,218	436,373	440,591
		─────────	─────────	─────────
	Depreciation
	At 1 January 2025	4,218	168,236	172,454
	Charge for the financial year	-	58,468	58,468
	On disposals	-	(74,857)	(74,857)
		─────────	─────────	─────────
	At 31 December 2025	4,218	151,847	156,065
		─────────	─────────	─────────
	Net book value
	At 31 December 2025	-	284,526	284,526
		═════════	═════════	═════════
	At 31 December 2024	-	291,507	291,507
		═════════	═════════	═════════


10.	Debtors	2025	2024
		£	£

	Trade debtors	6,724,771	3,154,106
	Amounts owed by group undertakings	117,400	86,348
	Other debtors	19,148	23,598
	Prepayments and accrued income	2,341	2,350
		─────────	─────────
		6,863,660	3,266,402
		═════════	═════════


11.	Cash and cash equivalents	2025	2024
		£	£

	Cash and bank balances	560,126	820,112
	Cash equivalents	120,000	120,000
		─────────	─────────
		680,126	940,112
		═════════	═════════


12.	Creditors	2025	2024
	Amounts falling due within one year	£	£

	Trade creditors	16,580	18,066
	Amounts owed to group undertakings	940,440	157,583
	Taxation (Note 13)	1,375,383	893,864
	Accruals:
	Pension accrual	4,511	-
	Other accruals	1,515,530	57,329
		─────────	─────────
		3,852,444	1,126,842
		═════════	═════════


13.	Taxation	2025	2024
		£	£

	Creditors:
	VAT	1,113,652	774,112
	Corporation tax	130,690	23,886
	PAYE / NI	131,041	95,866
		─────────	─────────
		1,375,383	893,864
		═════════	═════════


14.	Share capital			2025	2024
				£	£
	Description	Number of shares	Value of units

	Allotted, called up and fully paid
	Ordinary	100	£1.00 each	100	100

				═════════	═════════


15.	Income Statement

		2025	2024
		£	£

	At 1 January 2025	3,371,079	2,716,522
	Profit for the financial year	3,604,689	2,337,157
	Payment of dividends	(3,000,000)	(1,682,600)
		─────────	─────────
	At 31 December 2025	3,975,768	3,371,079
		═════════	═════════

16.

Capital commitments

The company had no material capital commitments at the financial year-ended 31 December 2025.

17.

Related party transactions

All purchases of goods for resale were from the company's sister company in Ireland, also called EPH Controls Limited. Creditors include an amount owed to that company of £940,440 (2024: £157,583).

Debtors include an amount owed by the parent company of £117,400 (2024: £86,348).

18.

Parent company

The company regards Blanchlink Limited as its parent company.

19.

Post-Balance Sheet Events

There have been no significant events affecting the company since the financial year-end.