D. Broadhurst Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

1. General Information

D. Broadhurst Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01233915 . The registered office is Office Block 1 Prothero Works, Bilport Lane, Wednesbury, West Midlands, WS10 0NT.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from rental income and from the rendering of services.

Rental income

Rental income on operating leases is accounted for on a straight line basis over the period of the lease.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	0%
Plant & Machinery	15% on reducing balance
Motor Vehicles	15% on reducing balance
Fixtures & Fittings	15% on reducing balance
Computer Equipment	15% on reducing balance

No depreciation is provided on freehold property as, in the opinion of the director, the lives of such assets are so long that any charge for depreciation is immaterieal.

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

Page 3

Page 4

D. Broadhurst Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Tangible Assets

	Plant & Machinery etc.
	£
Cost or Valuation
As at 1 January 2025	707,891
Additions	47,726

As at 31 December 2025	755,617

Depreciation
As at 1 January 2025	494,494
Provided during the period	50,915

As at 31 December 2025	545,409

Net Book Value
As at 31 December 2025	210,208

As at 1 January 2025	213,397

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

Page 4

Page 5

D. Broadhurst Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

5. Investment Property

	2025
	£
Fair Value
As at 1 January 2025	3,450,971
Revaluations	799,029

As at 31 December 2025	4,250,000

If investment property had been accounted for under historical cost accounting rules, the amounts would be:

	2025	2024
	£	£
Cost	1,838,165	1,838,165

Freehold investment properties were revalued by the Director on the basis of open market value on 31 December 2025.

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	33,530	5,522
Prepayments and accrued income	42,049	32,085
Director's loan account	62,485	-
Amounts owed by group undertakings	1,757,119	1,799,959
Amounts owed by related parties	200,000	-

	2,095,183	1,837,566

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	13,667	-
Trade creditors	44,341	83,054
Bank loans and overdrafts	7,906	10,648
Corporation tax	220,228	169,024
Social security and other taxes	2,877	5,196
VAT	28,690	36,217
Net wages	3,333	-
Other creditors	38,132	58,459
Accruals and deferred income	110,670	94,421
Director's loan account	-	30,904
Amounts owed to connected companies	467,130	509,971

	936,974	997,894

Page 5

Page 6

D. Broadhurst Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	17,083	-
Bank loans	-	7,568

	17,083	7,568

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 January 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 December 2025
	£	£	£	£	£
Mrs Katie Evans	-	62,485	-	-	62,485

The above loan is unsecured, interest free and was repaid on 5 January 2026.

11. Related Party Transactions

Transactions with related parties

During the year the company entered into the follwing transactions with related parties:

Rent payable to other related parties £187,565 (2024 £182,689).

The following amounts were outstanding at the reporting end date:

Amounts owed to related parties

Other related parties £467,130 (2024 £509,971)

Amounts owed by related parties

Entities with control, joint control or significant influence over the company £1,447,201 (2024 £1,447,201)

Other related parties £509,918 (2024 £352,758)

12. Ultimate Controlling Party

The company's ultimate controlling party is David Broadhurst Limited by virtue of his ownership of 100% of the issued share capital in the company.

Page 6

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		210,208		213,397
Investment Properties	5		4,250,000		3,450,971

			4,460,208		3,664,368
CURRENT ASSETS
Debtors	6	2,095,183		1,837,566
Cash at bank and in hand		659,467		536,331

		2,754,650		2,373,897
Creditors: Amounts Falling Due Within One Year	7	(936,974 )		(997,894 )

NET CURRENT ASSETS (LIABILITIES)			1,817,676		1,376,003

TOTAL ASSETS LESS CURRENT LIABILITIES			6,277,884		5,040,371

Creditors: Amounts Falling Due After More Than One Year	8		(17,083 )		(7,568 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(236,259 )		(67,630 )

NET ASSETS			6,024,542		4,965,173

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			6,024,442		4,965,073

SHAREHOLDERS' FUNDS			6,024,542		4,965,173