REGISTERED NUMBER: 07305711 (England and Wales)

Ozmen Limited

Trading as

Ozmen Extra

Strategic Report,

Report of the Directors and

Audited Financial Statements

for the Year Ended 31 March 2026

Page

Company Information

1

Strategic Report

2

Report of the Directors

4

Report of the Independent Auditors

6

Income Statement

10

Other Comprehensive Income

11

Statement of Financial Position

12

Statement of Changes in Equity

13

Statement of Cash Flows

14

Notes to the Statement of Cash Flows

15

Notes to the Financial Statements

17

DIRECTORS:

Mr H Ozmen

Mrs A Ozmen

REGISTERED OFFICE:

55-57 John Street

Sheffield

S2 4QT

REGISTERED NUMBER:

07305711 (England and Wales)

AUDITORS:

Alton & Co

Chartered Accountants

& Statutory Auditors

239-241 Kennington Lane

London

SE11 5QU

The directors present their strategic report for the year ended 31 March 2026.

REVIEW OF BUSINESS

The Company experienced a decrease in turnover during the year, primarily as a result of increased competition within the retail sector and the continuing impact of economic pressures on consumer spending. The current year reflects the first full year of trading from the Company's second supermarket located in Firth Park, Sheffield, which continued to make a positive contribution to the business. Despite the reduction in sales, the Company achieved an improvement in gross profit margin through effective cost management, enhanced operational efficiency and a favourable product mix. As a result, profit before taxation increased compared with the previous year, reflecting the benefits of improved margins and continued focus on controlling operating costs.The directors remain encouraged by the Company's performance in a challenging trading environment. With two established retail locations, the Company is well positioned to serve its local communities and respond to changing market conditions.Looking ahead, the Company will continue to focus on improving operational efficiency, strengthening margins and enhancing profitability. Maintaining high standards of customer service and providing a quality range of products remain central to the Company's strategy and long-term success.

PRINCIPAL RISKS AND UNCERTAINTIES

The main risks and uncertainty of Ozmen Ltd are their ability to maintain their reputation and customers. They work very hard to prevent any damage to their reputation and a loss of their customers. Supermarket items and excellent customer satisfaction are key to maintaining their existing customer base and attracting new customers. To manage these risks, the company ensures that products are sourced from reliable suppliers and backed by visible quality control. Regular training is essential, especially in customer service and hygiene standards.

KEY PERFORMANCE INDICATORS

The main performance indicators are the sales and the profit margins. All other costs apart from cost of sales are fairly fixed. The directors monitor these on a monthly basis to ensure that all cost are kept within expectation. Exceptions are picked up in time and addressed to ensure that overheads are within limits as their effect on the ability to remain in operational existence and profitability is very critical.

The Key Performance Indicators over the last two years are as follows:

2026

2025

£

£

Turnover

12,871

13,403

Gross Profit

4,228

3,769

Net Profit before tax

393

366

The directors believe that other variables of performance indicators are marginal and are not the best indicators of the overall performance, development and position of the company.

COMPANY POLICY ON PAYMENT OF CREDITORS

The policy of the company is to agree terms of payment prior to commencing trade with a supplier and to abide by those terms on a timely submission of invoices.

POLICY ON EMPLOYEES

The company is committed to achieving a working environment which provides equality of opportunity and freedom from unlawful discrimination on the basis of gender, sexual orientation, marital or civil partner status, gender reassignment, race, religion or belief, colour, nationality, ethnic or national origin, disability or age, pregnancy or maternity, trade union membership or the fact that they are part-time workers. The company's Equality and Diversity policy aims to remove unfair and discriminatory practices within the company and to encourage full contribution from its diverse community. The company is committed to actively opposing all forms of discrimination. The company also aims to provide a service that does not discriminate against its clients in the means by which they can access the services supplied by the company. The company believes that the directors, employees and customers are entitled to be treated with respect and dignity.The company's employment policy is to provide equal opportunity to all current and prospective employees without any discrimination. They endeavour to provide a work environment in which all individuals are treated with respect and dignity.

SOCIAL, ENVIRONMENT AND ETHICAL MATTERS

The company believes that by operating in an ethical and social aware manner they will help preserve the environment; that being an integral part of efficient and profitable business management. The directors recognise that success in these areas depends on the involvement and commitment of everyone in the organisation.

FUTURE DEVELOPMENT

The directors expect a growth in sales in the future as the company continues to maintain its brand reputation and increasing its customer base.

ON BEHALF OF THE BOARD:

Mrs A Ozmen - Director

8 September 2026

The directors present their report with the financial statements of the company for the year ended 31 March 2026.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of a supermarket.

DIVIDENDS

No dividends will be distributed for the year ended 31 March 2026.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 April 2025 to the date of this report.

Mr H Ozmen

Mrs A Ozmen

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the 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), 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 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 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.

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

AUDITORS

The auditors, Alton & Co, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

Mrs A Ozmen - Director

8 September 2026

Opinion

We have audited the financial statements of Ozmen Limited (the 'company') for the year ended 31 March 2026 which comprise the Income Statement, Other Comprehensive Income, Statement of Financial Position, Statement of Changes in Equity, Statement of Cash Flows and Notes to the Statement of Cash Flows, 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 company's affairs as at 31 March 2026 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 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 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 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 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 Strategic Report and the Report of the Directors 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 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, 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 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 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.

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.

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 that are applicable to the company and determined that the most significant are the food standards regulation, money laundering and anti bribery regulations. We understand how the company is complying with those regulations by making enquiries of management and key personel; we also reviewed correspondence files. We identified areas of laws and regulations that could reasonably be expected to have a material effect on the financial statements using our general commercial and sector experience, through discussion with the directors and other management (as required by auditing standards) and from inspection of the company's regulatory and legal correspondence. We discussed with the directors and other management the policies and procedures regarding compliance with laws and regulations. We communicated those identified laws and regulations throughout our team and remained alert to any indications of non-compliance throughout the audit.

Auditing standards limit the required audit procedures to identify non-compliance with these laws and regulations to enquiry of the directors and other management and inspection of regulatory and legal correspondence, if any. Through these procedures, we did not become aware of actual or suspected non-compliance.

Owing 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. For example, the further removed non-compliance with laws and regulations (irregularities) is from the events and transactions reflected in the financial statements, the less likely the inherently limited procedures required by auditing standards would identify it. In addition, as with any audit, there remained a higher risk of non-detection of irregularities, as these may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. 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.

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.

Altan Kemal FCA FCCA (Senior Statutory Auditor)

for and on behalf of Alton & Co

Chartered Accountants

& Statutory Auditors

239-241 Kennington Lane

London

SE11 5QU

8 September 2026

REVENUE

12,871,128

13,403,858

Cost of sales

8,642,745

9,633,927

GROSS PROFIT

4,228,383

3,769,931

Administrative expenses

3,704,232

3,249,240

524,151

520,691

Other operating income

5,967

6,339

OPERATING PROFIT

4

530,118

527,030

Interest payable and similar expenses

5

137,538

160,924

PROFIT BEFORE TAXATION

392,580

366,106

Tax on profit

6

101,359

99,847

PROFIT FOR THE FINANCIAL YEAR

291,221

266,259

PROFIT FOR THE YEAR

291,221

266,259

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

291,221

266,259

FIXED ASSETS

Intangible assets

7

6,178

7,092

Property, plant and equipment

8

515,266

478,307

521,444

485,399

CURRENT ASSETS

Inventories

9

5,589,127

3,791,556

Debtors

10

1,239,824

1,907,036

Cash at bank and in hand

478,146

635,933

7,307,097

6,334,525

CREDITORS

Amounts falling due within one year

11

4,712,046

3,916,806

NET CURRENT ASSETS

2,595,051

2,417,719

TOTAL ASSETS LESS CURRENT LIABILITIES

3,116,495

2,903,118

CREDITORS

Amounts falling due after more than one year

12

(950,336

)

(1,025,501

)

PROVISIONS FOR LIABILITIES

16

(61,621

)

(64,300

)

NET ASSETS

2,104,538

1,813,317

CAPITAL AND RESERVES

Called up share capital

17

100

100

Retained earnings

18

2,104,438

1,813,217

SHAREHOLDERS' FUNDS

2,104,538

1,813,317

The financial statements were approved by the Board of Directors and authorised for issue on 8 September 2026 and were signed on its behalf by:

Mrs A Ozmen - Director

Called up

share

Retained

Total

capital

earnings

equity

£

£

£

Balance at 1 April 2024

100

1,546,958

1,547,058

Changes in equity

Total comprehensive income

-

266,259

266,259

Balance at 31 March 2025

100

1,813,217

1,813,317

Changes in equity

Total comprehensive income

-

291,221

291,221

Balance at 31 March 2026

100

2,104,438

2,104,538

Cash flows from operating activities

Cash generated from operations

1

(198,459

)

75,618

Interest paid

(116,668

)

(160,024

)

Interest element of hire purchase payments paid

(1,254

)

-

Finance costs paid

(19,616

)

(900

)

Tax paid

(130,297

)

(12,538

)

Net cash from operating activities

(466,294

)

(97,844

)

Cash flows from investing activities

Purchase of intangible fixed assets

-

(3,873

)

Purchase of tangible fixed assets

(62,855

)

(243,528

)

Purchase of investment property

(32,495

)

-

Net cash from investing activities

(95,350

)

(247,401

)

Cash flows from financing activities

New loans in year

165,000

500,000

Loan repayments in year

(200,460

)

(149,880

)

Capital repayments in year

(5,416

)

-

Amount withdrawn by directors

388,926

1,624

Net cash from financing activities

348,050

351,744

(Decrease)/increase in cash and cash equivalents

(213,594

)

6,499

Cash and cash equivalents at beginning of year

2

112,733

106,234

Cash and cash equivalents at end of year

2

(100,861

)

112,733

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

2026

2025

£

£

Profit before taxation

392,580

366,106

Depreciation charges

91,798

99,854

Finance costs

137,538

160,924

621,916

626,884

Increase in inventories

(1,797,571

)

(954,811

)

Decrease/(increase) in trade and other debtors

667,212

(561,629

)

Increase in trade and other creditors

309,984

965,174

Cash generated from operations

(198,459

)

75,618

2.	CASH AND CASH EQUIVALENTS

The amounts disclosed on the Statement of Cash Flows in respect of cash and cash equivalents are in respect of these Statement of Financial Position amounts:

Year ended 31 March 2026

31/3/26

1/4/25

£

£

Cash and cash equivalents

478,146

635,933

Bank overdrafts

(579,007

)

(523,200

)

(100,861

)

112,733

Year ended 31 March 2025

31/3/25

1/4/24

£

£

Cash and cash equivalents

635,933

405,452

Bank overdrafts

(523,200

)

(299,218

)

112,733

106,234

3.	ANALYSIS OF CHANGES IN NET DEBT

Other

non-cash

At 1/4/25

Cash flow

changes

At 31/3/26

£

£

£

£

Net cash

Cash at bank

and in hand

635,933

(157,787

)

478,146

Bank overdrafts

(523,200

)

(55,807

)

(579,007

)

112,733

(213,594

)

(100,861

)

Debt

Finance leases

-

5,416

(32,495

)

(27,079

)

Debts falling due

within 1 year

(196,455

)

(58,658

)

-

(255,113

)

Debts falling due

after 1 year

(1,025,501

)

94,120

-

(931,381

)

(1,221,956

)

40,878

(32,495

)

(1,213,573

)

Total

(1,109,223

)

(172,716

)

(32,495

)

(1,314,434

)

1.	STATUTORY INFORMATION

Ozmen 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 Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Significant judgements and estimates

Preparation of the financial statements requires management to make significant judgements and estimates. There were no major items in the financial statements where these judgements and estimates have been made.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover is generated from the ordinary activities of the business and is recognised when customers take delivery of the goods.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Trade mark registration costs

Trade mark costs are amortised over its useful life of ten years..

Tangible fixed assets

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

Short leasehold

-

straight line over the life of the lease

Improvements to property

-

4% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

10% on cost

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost of stocks is valued using the first in first out stock valuation method. Net realisable value is the estimated selling price less cost to sell.

Taxation

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

Current or deferred taxation assets and liabilities are not discounted.

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

Deferred tax

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

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

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

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

Pension costs and other post-retirement benefits

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

3.	EMPLOYEES AND DIRECTORS

2026

2025

£

£

Wages and salaries

2,043,434

1,888,550

Social security costs

236,038

168,344

Other pension costs

31,088

28,375

2,310,560

2,085,269

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

2026

2025

Director

2

2

Accounts,management and operations

78

79

80

81

2026

2025

£

£

Directors' remuneration

367,451

373,371

Information regarding the highest paid director is as follows:

2026

2025

£

£

Emoluments etc

183,726

186,686

4.	OPERATING PROFIT

The operating profit is stated after charging:

2026

2025

£

£

Hire of plant and machinery

141,174

92,786

Other operating leases

281,610

258,439

Depreciation - owned assets

87,636

99,314

Depreciation - assets on hire purchase contracts

3,250

-

Patents and licences amortisation

914

538

Auditors' remuneration

6,000

6,000

Taxation advisory services

1,000

1,000

Other non- audit services

19,248

13,319

Foreign exchange differences

-

254

5.

INTEREST PAYABLE AND SIMILAR EXPENSES

2026

2025

£

£

Bank interest

19,842

34,788

Loan interest

89,640

75,733

Interest and penalties

7,186

49,503

HP interest and fees

1,254

-

Finance charges

19,616

900

137,538

160,924

6.

TAXATION

Analysis of the tax charge

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

2026

2025

£

£

Current tax:

UK corporation tax

104,038

72,989

Deferred tax

(2,679

)

26,858

Tax on profit

101,359

99,847

7.	INTANGIBLE FIXED ASSETS

Patents

and

licences

£

COST

At 1 April 2025

and 31 March 2026

9,133

AMORTISATION

At 1 April 2025

2,041

Amortisation for year

914

At 31 March 2026

2,955

NET BOOK VALUE

At 31 March 2026

6,178

At 31 March 2025

7,092