ACCOUNTS - Final Accounts preparation

Operating profit

The operating profit is stated after charging:

Registered number: 04330784

CMC CHESTERFIELD LIMITED

ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

CMC CHESTERFIELD LIMITED

COMPANY INFORMATION

Directors	R M Feltham (resigned 31 December 2025)
	M B Feltham
	C J Brightman


Company secretary	R M Feltham (resigned 31 December 2025)


Registered number	04330784


Registered office	Derwent Buildings High Street
	Clay Cross
	Chesterfield
	Derbyshire
	S45 9DP


Independent auditors	Shorts
	Chartered Accountants & Statutory Auditor
	2 Ashgate Road
	Chesterfield
	S40 4AA


Bankers	Barclays Bank plc

CMC CHESTERFIELD LIMITED

CONTENTS

	Page
Strategic Report	1 - 2
Directors' Report	3 - 4
Independent Auditors' Report	5 - 8
Statement of Income and Retained Earnings	9
Balance Sheet	10
Notes to the Financial Statements	11 - 24

CMC CHESTERFIELD LIMITED

STRATEGIC REPORT

FOR THE YEAR ENDED 31 DECEMBER 2025

Business review

The financial statements show an increased turnover and gross profit margin; these combined results together with controls on costs have resulted in a pre-tax profit for the year of £1.3m, up on the previous year. The increases in turnover and gross profit are the results of a resilient performance from our existing trading sites and the opening of our new Bridgend store in February. The results were in line with expectations and achieved through the hard work of our committed work force and the ongoing support of our stakeholders.

Financial key performance indicators

The directors monitor the Company's performance in a number of ways including key performance indicators.

Turnover has increased to £38.7m (2024: £28.9m)
Gross profit margin has increased to 20.9% (2024: 19.4%)
Pre-tax profit for the year was £1.33m (2024: £0.41m)

Turnover represents the value of goods supplied and delivered to customers in the year and measures sales growth or decline in value terms. The gross margin is calculated by dividing gross profit by turnover and measures the total profitability of product sales. Pre-tax profit or loss is the profit or loss generated by the business from operations including finance income and finance costs before taxation. This indicator measures the overall profitability of the business for the year.

Principal risks and uncertainties

Consumer confidence

There is a risk whereby the Company's sales are reduced as its typical customers are adversely affected by a downturn in the economy. Efforts are made to ensure that our exposure to this threat is minimised by ensuring that the Company prices its stocks competitively and regularly reviews its product mix.

Insurance risks

The Company insures its business assets against insurable risks as it deems appropriate.

Interest rates

The business would be adversely affected by a large rise in interest rates as the Company currently has bank borrowings used to finance the business. The Company is confident that it will continue to operate comfortably within the covenants required by the bank and continues to repay the financing in accordance with the banking agreement.

Going concern

At 31 December 2025 the Company had net current assets amounting to £1,585,943 (2024: £883,124). This has improved year on year as a result of the Company reporting a profit before tax for the year ended 31 December 2025 of £1,331,543 (2024: £412,556).

The directors have prepared budgets for the next 12 months, based upon their expectation of realistic sales volume levels which show that the Company will continue to trade profitability and enable it to pay its debts as they fall due. In addition, should additional funding become necessary in the future then the directors are confident that this can be secured at the appropriate levels.

Page 1

CMC CHESTERFIELD LIMITED

STRATEGIC REPORT (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

Considering these expected future trading results and following receipt of confirmation from all of the ongoing key stakeholders of their continued support at the required levels, the directors have prepared the accounts on a going concern basis.

This report was approved by the board on 2 September 2026 and signed on its behalf.

C J Brightman

Director

Page 2

CMC CHESTERFIELD LIMITED

DIRECTORS' REPORT

FOR THE YEAR ENDED 31 DECEMBER 2025

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

Directors' responsibilities statement

The directors are responsible for preparing the Strategic Report, the 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 applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 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 for the Company's financial statements and then apply them consistently;

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

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

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and 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 hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Results and dividends

The profit for the year, after taxation, amounted to £996,798 (2024 - £382,041).

No dividends were paid during the year.

Directors

The directors who served during the year were:

R M Feltham (resigned 31 December 2025)

M B Feltham

C J Brightman

Qualifying third party indemnity provisions

The directors have been granted a qualifying third party indemnity provision under Section 234 of the Companies
Act 2006. This indemnity does not provide cover in the event of a director acting fraudulently or dishonestly.

Page 3

CMC CHESTERFIELD LIMITED

DIRECTORS' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

Disclosure of information to auditors

Each of the persons who are directors at the time when this Directors' Report is approved has confirmed that:

∙so far as the director is aware, there is no relevant audit information of which the Company's auditors are unaware, and

∙the director has taken all the steps that ought to have been taken as a director in order to be aware of any relevant audit information and to establish that the Company's auditors are aware of that information.

Auditors

The auditors, Shorts, will be proposed for reappointment in accordance with section 485 of the Companies Act 2006.

This report was approved by the board on 2 September 2026 and signed on its behalf.

C J Brightman

Director

Page 4

CMC CHESTERFIELD LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF CMC CHESTERFIELD LIMITED

Opinion

We have audited the financial statements of CMC Chesterfield Limited (the 'Company') for the year ended 31 December 2025, which comprise the Statement of Income and Retained Earnings, the Balance Sheet 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 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 year then ended;

∙have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

∙have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the Company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

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

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

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Page 5

CMC CHESTERFIELD LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF CMC CHESTERFIELD LIMITED (CONTINUED)

Other information

The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' 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 the knowledge and understanding of the Company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Directors' Report.

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

∙adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

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

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

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

Responsibilities of directors

As explained more fully in the Directors' Responsibilities Statement set out on page 3, 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 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 have no realistic alternative but to do so.

Page 6

CMC CHESTERFIELD LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF CMC CHESTERFIELD LIMITED (CONTINUED)

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 an Auditors' 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 approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

∙the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations;

∙through discussions with the directors and other management and from our commercial knowledge and experience of the sectors that the Company operates in, we identified the laws and regulations applicable to the Company; and

∙focusing on the specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the Company, we assessed the extent of compliance with those laws and regulations identified above through making enquiries of management and inspecting relevant correspondence.

We assessed the susceptibility of the Company’s financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

∙making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; and

∙considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.

To address the risk of fraud through management bias and override of controls, we:

∙performed analytical procedures to identify any unusual or unexpected relationships;

∙considered journal entries to identify unusual transactions;

∙assessed whether judgements and assumptions made in determining the accounting estimates were indicative of potential bias; and

∙investigated the rationale behind significant or unusual transactions.

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

∙agreeing financial statement disclosures to underlying supporting documentation;

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

∙reviewing any correspondence with HMRC, relevant regulators and the Company’s legal advisors.

Page 7

CMC CHESTERFIELD LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF CMC CHESTERFIELD LIMITED (CONTINUED)

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 Auditors' 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 Auditors' 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.

Andrew Irvine (Senior Statutory Auditor)

for and on behalf of

Shorts

Chartered Accountants

Statutory Auditor

2 Ashgate Road

Chesterfield

S40 4AA

2 September 2026

Page 8

CMC CHESTERFIELD LIMITED

STATEMENT OF INCOME AND RETAINED EARNINGS

FOR THE YEAR ENDED 31 DECEMBER 2025

	2025	2024
Note	£	£


Turnover	4	38,698,886	28,889,619
Cost of sales		(30,609,765)	(23,286,037)
Gross profit		8,089,121	5,603,582
Administrative expenses		(6,692,109)	(4,925,391)
Other operating income	5	415,095	179,721
Operating profit	6	1,812,107	857,912
Interest receivable and similar income	10	-	13
Interest payable and similar expenses	11	(480,564)	(445,369)
Profit before tax		1,331,543	412,556
Tax on profit	12	(334,745)	(30,515)
Profit after tax		996,798	382,041



Retained earnings at the beginning of the year	1,129,315	747,274
Profit for the year	996,798	382,041
Retained earnings at the end of the year	2,126,113	1,129,315

The notes on pages 11 to 24 form part of these financial statements.

Page 9

CMC CHESTERFIELD LIMITED

REGISTERED NUMBER: 04330784

BALANCE SHEET

AS AT 31 DECEMBER 2025

		2025		2024
Note		£		£

Fixed assets
Intangible assets	13		-		-
Tangible assets	14		1,172,455		884,112
Current assets
Stocks	15	8,635,334		7,390,051
Debtors: amounts falling due within one year	16	1,040,351		1,163,486
Cash at bank and in hand		436,976		336,569
		10,112,661		8,890,106
Creditors: amounts falling due within one year	17	(8,526,718)		(8,006,982)
Net current assets			1,585,943		883,124
Total assets less current liabilities			2,758,398		1,767,236
Creditors: amounts falling due after more than one year	18		(193,320)		(254,139)
Provisions for liabilities
Deferred tax	20		(108,965)		(53,782)
Net assets			2,456,113		1,459,315

Capital and reserves
Called up share capital	21	202,950	202,950
Capital redemption reserve	22	127,050	127,050
Profit and loss account	22	2,126,113	1,129,315
		2,456,113	1,459,315

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 2 September 2026.

C J Brightman

Director

The notes on pages 11 to 24 form part of these financial statements.

Page 10

CMC CHESTERFIELD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1.	General information

CMC Chesterfield Limited is a private Company limited by shares, incorporated in England and Wales
(registered number: 04330784). Its registered office is Derwent Buildings, High Street, Clay Cross,
Chesterfield, Derbyshire, S45 9DP. The principal activity of the Company is the sale of motorcycles,
clothes, parts and accessories.

2.Accounting policies

2.1

Basis of preparation of financial statements

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 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 Company's functional and presentational currency is pounds sterling.

The following principal accounting policies have been applied:

2.2

Financial Reporting Standard 102 - reduced disclosure exemptions

The Company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland"

the requirements of Section 7 Statement of Cash Flows;
the requirements of Section 3 Financial Statement Presentation paragraph 3.17(d);
the requirements of Section 33 Related Party Disclosures paragraph 33.7.

This information is included in the consolidated financial statements of Rochma Holdings Limited as at 31 December 2025 and these financial statements may be obtained from Companies House.

2.3

Going concern

The directors have prepared budgets for the next 12 months, based upon their expectation of realistic sales volume levels which show that the Company will continue to trade profitability and enable it to pay its debts as they fall due. In addition, should additional funding become necessary in the future then the directors are confident that this can be secured at the appropriate levels.

Considering these expected future trading results and having received confirmation from all of the ongoing key stakeholders of their continued support at the required levels, the directors have prepared the accounts on a going concern basis.

Page 11

CMC CHESTERFIELD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.4

Revenue Recognition

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

2.5

Operating leases: the Company as lessee

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

2.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 12

CMC CHESTERFIELD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.7

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

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:

Short-term leasehold property	-	Over term of lease
Plant and machinery	-	3 - 7 years
Motor vehicles	-	5 - 7 years
Fixtures and fittings	-	2 - 9 years
Computer equipment	-	2 years

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.

Page 13

CMC CHESTERFIELD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.9

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

2.10

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities such as bank and cash balances, trade and other accounts receivable and payable, loans from banks and other third parties and loans to and from related parties.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the transaction price and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

Financial assets and liabilities are offset and the net amount reported in the Balance sheet when there is an 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.

3.	Judgements in applying accounting policies and key sources of estimation uncertainty

No significant judgements have been made by management in preparing these financial statements.

The Company makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. The estimates and assumptions that have the greatest level of uncertainty are addressed below:

(i) Stock provisioning

When calculating the stock provision, management considers the nature and conditions of the inventory, as well as applying assumptions around saleability of stock. The carrying value of stock after making
such a provision was £8,635,334 (2024: £7,390,051).

Turnover

All turnover arose within the United Kingdom.

Page 14

CMC CHESTERFIELD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

5.	Other operating income
		2025	2024
		£	£

	Commissions receivable	415,095	179,721

Depreciation	266,315	216,987
Other operating lease rentals	357,350	312,812
(Profit)/Loss on disposal of tangible fixed assets	-	(333)

Fees payable to the Company's auditors for the audit of the Company's financial statements

25,000

23,750

The Company has taken advantage of the exemption not to disclose amounts paid for non-audit services as these are disclosed in the consolidated accounts of the parent Company.

Page 15

CMC CHESTERFIELD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Wages and salaries	4,058,487	2,923,886
Social security costs	453,474	288,525
Cost of defined contribution scheme	94,372	72,142
	4,606,333	3,284,553

The average monthly number of employees, including the directors, during the year was as follows:

	2025	2024
	No.	No.

Sales	53	42
Workshop	29	21
Administration	19	18

	101	81

9.	Directors' remuneration
		2025	2024
		£	£

Directors' emoluments	165,277	164,196
Company contributions to defined contribution pension schemes	5,243	5,388
	170,520	169,584

During the year retirement benefits were accruing to 2 directors (2024 - 2) in respect of defined contribution pension schemes.

10.	Interest receivable
		2025	2024
		£	£

Other interest receivable

Page 16

CMC CHESTERFIELD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

11.	Interest payable and similar expenses
		2025	2024
		£	£

Bank interest payable	2,122	7,069
Other loan interest payable	454,051	416,705
Finance leases and hire purchase contracts	24,391	21,595
	480,564	445,369

Corporation tax
Current tax on profits for the year	279,083	104,790
Adjustments in respect of previous periods	479	-
Total current tax	279,562	104,790

Deferred tax
Origination and reversal of timing differences	55,685	(74,275)
Adjustments in respect of prior periods	(502)	-
Total deferred tax	55,183	(74,275)

Tax on profit

334,745

30,515

Page 17

CMC CHESTERFIELD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

12.Taxation (continued)

Profit before tax

1,331,543

412,555

Profit on ordinary activities multiplied by standard rate of corporation tax in the UK of 25% (2024 - 25%)	332,886	103,139
Effects of:
Adjustments in respect of prior periods	479	-
Expenses not deductible for tax purposes	1,725	2,120
Capital allowances for year in excess of depreciation	-	-
Other timing differences leading to an increase (decrease) in taxation	157	156
Adjustments in respect of prior periods - deferred tax	(502)	-
Group relief surrendered/(claimed)	-	(74,900)
Total tax charge for the year	334,745	30,515

Factors that may affect future tax charges

There were no factors that may affect future tax charges.

Page 18

CMC CHESTERFIELD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

13.	Intangible assets

		Goodwill
		£
	Cost
	At 1 January 2025	125,000
	At 31 December 2025	125,000
	Amortisation
	At 1 January 2025	125,000
	At 31 December 2025	125,000
	Net book value
	At 31 December 2025	-
	At 31 December 2024	-

Page 19

CMC CHESTERFIELD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

14.	Tangible fixed assets

	Short-term leasehold property	Plant and machinery	Motor vehicles	Fixtures and fittings	Other fixed assets	Total
	£	£	£	£	£	£
Cost
At 1 January 2025	595,419	74,390	636,895	411,231	489,775	2,207,710
Additions	200,692	85,566	162,918	34,309	71,174	554,659
At 31 December 2025	796,111	159,956	799,813	445,540	560,949	2,762,369
Depreciation
At 1 January 2025	297,579	62,150	150,155	390,352	423,363	1,323,599
Charge for the year on owned assets	99,678	9,406	102,283	9,489	45,459	266,315
At 31 December 2025	397,257	71,556	252,438	399,841	468,822	1,589,914
Net book value
At 31 December 2025	398,854	88,400	547,375	45,699	92,127	1,172,455
At 31 December 2024	297,840	12,240	486,739	20,879	66,412	884,110

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CMC CHESTERFIELD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

15.	Stocks
		2025	2024
		£	£

	Motorcycles, clothing, accessories & parts	8,635,334	7,390,051

16.

Debtors

					2025	2024
					£	£

Trade debtors	-	8,632
Amounts owed by group undertakings	850,000	987,501
Prepayments and accrued income	190,351	167,353
	1,040,351	1,163,486

17.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Bank loans	-	51,333
Trade creditors	2,741,873	3,198,138
Corporation tax	279,083	104,790
Other taxation and social security	329,628	307,454
Obligations under finance lease and hire purchase contracts	180,122	138,382
Other creditors	4,060,881	3,568,797
Accruals and deferred income	935,131	638,088
	8,526,718	8,006,982

Secured Creditors

Trade creditors includes an amount of £645,083 (2024: £1,064,742) which is secured against stock. Other creditors includes an amount of £4,00,649 (2024: £3,480,738 ) which is secured against stock.

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CMC CHESTERFIELD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

18.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

Net obligations under finance leases and hire purchase contracts	193,320	254,139
	193,320	254,139

Within one year	180,122	138,382
Between 1-5 years	193,320	254,139
	373,442	392,521

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CMC CHESTERFIELD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

20.	Deferred taxation

	2025	2024
	£	£

At beginning of year	53,782	128,057
Charged to profit or loss	55,183	(74,275)
At end of year	108,965	53,782

The provision for deferred taxation is made up as follows:
	2025	2024
	£	£

Accelerated capital allowances	217,090	155,775
Provisions	(108,125)	(101,993)
	108,965	53,782

21.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

202,950 (2024 - 202,950) Ordinary shares of £1.00 each	202,950	202,950

22.

Reserves

Capital redemption reserve

The reserves records the nominal value of shares repurchased by the Company.

Profit and loss account

This reserve records all current and prior period retained profits and losses, and is considered to be
distributable.

23.	Contingent liabilities

The company has entered into a cross guarantee arrangement with its bankers to secure the liabilities of related companies. The contingent liability at the year end is £NIL (2024: £NIL). The future outcome is dependent on the performance of the individual companies concerned. However, the directors do not expect any liability to crystalise.

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CMC CHESTERFIELD LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

24.	Pension commitments

The Company operates a defined contributions benefit scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £94,372 (2024: £72,142). Contributions totalling £22,393 (2024: £16,637) were payable to the fund at the balance sheet date and are included in creditors.

Not later than 1 year	419,492	314,051
Later than 1 year and not later than 5 years	1,614,042	479,959
Later than 5 years	2,167,023	146,667
	4,200,557	940,677

26.

Related party transactions

The Company has taken advantage of the exemption in FRS 102 Section 33.1A to not disclose transactions with wholly owned group entities.

Key management personnel compensation was £189,891 (2024: £192,026). Close family members of the directors were paid a total of £210,202 (2024: £207,318). In addition, the company made sales of £NIL (2024: £3,535) to key management personnel and sales to close family members of £2,579 (2024: £NIL).

During the year, the Company made purchases totalling £1,157,269 (2024: £1,463,050) and sales totalling £970,269 (2024: £1,288,242) to entities which are related by way of common control. Included within trade creditors is an amount of £167,524 (2024: £496,791) which remains outstanding. In addition, an amount of £149,960 (2024: £104,852) was paid to a company owned by a director during the year for consultancy services. The amount outstanding to this company at the end of the year was £463,091 (2024: £360,095).

27.	Controlling party

The Company is controlled by Rochma Holdings Limited, the Company's immediate parent company, which is registered in the United Kingdom and was incorporated on 5th May 2023. Its registered office is Derwent Buildings, High Street, Clay Cross, Chesterfield, S45 9DP. CMC Chesterfield Limited is a 100% owned subsidiary of Rochma Holdings Limited. The ultimate controlling parties are the directors due to their equal shareholding in the parent Company.

The Company is included in audited consolidated accounts for a larger group which are drawn up by Rochma Holdings Limited, these financial statements are available upon request from Companies House, Crown Way, Maindy, Cardiff CF14 3UZ.

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CMC CHESTERFIELD LIMITED

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