Contents of the Financial Statements

for the Period Ended 31 December 2025

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

Directors' report period ended 31 December 2025

The directors present their report with the financial statements of the company for the period ended 31 December 2025

Directors

The directors shown below have held office during the whole of the period from
1 January 2025 to 31 December 2025

kevin drayne
PETER DRAYNE

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
11 September 2026

And signed on behalf of the board by:
Name: kevin drayne
Status: Secretary

Profit And Loss Account

for the Period Ended 31 December 2025

	2025	2024
	£	£
Turnover:	6,207,256	6,596,922
Cost of sales:	( 5,525,979 )	( 5,927,326 )
Gross profit(or loss):	681,277	669,596
Administrative expenses:	( 693,462 )	( 747,258 )
Other operating income:	32,676	6,635
Operating profit(or loss):	20,491	(71,027)
Interest payable and similar charges:	( 6,624 )	( 6,802 )
Profit(or loss) before tax:	13,867	(77,829)
Tax:	( 34,091 )	( 18,850 )
Profit(or loss) for the financial year:	(20,224)	(96,679)

Balance sheet

As at 31 December 2025

	Notes	2025	2024
		£	£
Fixed assets
Intangible assets:			0
Tangible assets:	3	268	848
Total fixed assets:		268	848
Current assets
Debtors:	4	1,768,427	1,917,555
Cash at bank and in hand:		81,559	58,382
Total current assets:		1,849,986	1,975,937
Creditors: amounts falling due within one year:	5	( 3,547,074 )	( 3,682,592 )
Net current assets (liabilities):		(1,697,088)	(1,706,655)
Total assets less current liabilities:		(1,696,820)	( 1,705,807)
Creditors: amounts falling due after more than one year:	6	0	( 10,437 )
Total net assets (liabilities):		(1,696,820)	(1,716,244)
Capital and reserves
Called up share capital:		2,046	2,046
Share premium account:		5,377,157	5,341,157
Profit and loss account:		(7,076,023 )	(7,059,447 )
Total Shareholders' funds:		( 1,696,820 )	(1,716,244)

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 December 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 December 2025

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Revenue is recognized to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue 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 recognized.

  Tangible fixed assets depreciation policy

  Tangible fixed assets are held under the cost model and 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 to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method. The estimated useful lives range as follows

  Intangible fixed assets amortisation policy

  Goodwill arising on the acquisition of subsidiary undertakings and businesses, representing any excess of the fair value of the consideration given over the fair value of the identifiable assets and liabilities acquired is capitalised and written off on a straight-line basis over its useful economic life. Provision is made for any impairment.

  Other accounting policies

  Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short term highly liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts, when applicable, are shown within borrowings in current liabilities.

Notes to the Financial Statements

for the Period Ended 31 December 2025

• 2. Employees

  	2025	2024
  Average number of employees during the period	14	16