REGISTERED NUMBER: 04168367 (England and Wales)

STRATEGIC REPORT, REPORT OF THE DIRECTOR AND

AUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JULY 2024 TO 31 DECEMBER 2025

FOR

CRASH DAMAGE LIMITED

Page

Company Information

1

Strategic Report

2

Report of the Director

3

Report of the Independent Auditors

4

Statement of Income and Retained Earnings

6

Balance Sheet

7

Notes to the Financial Statements

8

DIRECTOR:

I J Pugh

REGISTERED OFFICE:

Lyndale House Ervington Court

Meridian Business Park

Leicester

LE19 1WL

REGISTERED NUMBER:

04168367 (England and Wales)

AUDITORS:

Magma Audit LLP (part of the Dains Group)

Chartered Accountants

Statutory Auditor

Unit 2, Charnwood Edge Business Park

Syston Road

Leicestershire

LE7 4UZ

The director presents his strategic report for the period 1 July 2024 to 31 December 2025.

REVIEW OF BUSINESS

The company trades thirteen (13) automotive repair shops under the Fix Auto brand, supporting the strength of the Fix Auto relationships with insurance partners.

PRINCIPAL RISKS AND UNCERTAINTIES

Market risk

The company's main risks derive from the uncertainty in the UK economy that could affect performance in its operations, as well as leading to supply chain and inflationary pressures. In addition, there is a potential impact to staffing resource in the UK market. This has not had a significant impact on the company in the period although there is an increased risk of supply chain disruptions and wider economic disruption that may impact margins in the future. The company has a strong customer base through Fix Auto, reducing its exposure to a temporary downturn in trade.

Staff risk

The company also faces risk in relation to the staff retention and labour shortages in it's subsidiaries. The company provides a competitive pay structure which is designed to retain staff. The main staff risk stems from retention of workshop staff which is being countered by the company continuing to modify and review terms of conditions of employment relative to the wider market.

Liquidity risk

Liquidity risk arises from the company's management of working capital. It is the risk that the company will encounter difficulty in meeting its financial obligations as they fall due.

The directors have reviewed the cash flow statements of the company. The procurement of parts through an associated company means that the risk of default on external financial obligations is considered very low.

KEY PERFORMANCE INDICATORS

We consider that our key financial performance indicators are those that communicate the financial performance and strength of the company, these being turnover and operating profit.

The company's turnover has increased from £21,784,742 (12 month period) to £41,380,284 (18 month period). Profit before taxation of £559,264 in the prior year became a loss before taxation of £501,819 due to investment in new sites and difficult operating conditions for part of the year.

On April 1 2025 Crash Damage Limited, purchased the trade and assets of two sites in Lydd and Southampton from AD Williams receivers. These sites impacted trading profits for the company to the end of the fiscal year.

POST BALANCE SHEET POSITION AND SUBSEQUENT EVENTS

The year started positively, with trading results in the year to date continuing to improve monthly. Operating profit has been positive in the year so far and improvements in turnover and cost management are being worked on constantly.

ON BEHALF OF THE BOARD:

I J Pugh - Director

17 September 2026

The director presents his report with the financial statements of the company for the period 1 July 2024 to 31 December 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the period under review was that of maintenance and repair of motor vehicles.

DIVIDENDS

No dividends will be distributed for the period ended 31 December 2025.

DIRECTOR

I J Pugh held office during the whole of the period from 1 July 2024 to the date of this report.

STATEMENT OF DIRECTOR'S RESPONSIBILITIES

The director is responsible for preparing the Strategic Report, the Report of the Director and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless he is 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 director is 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 director is 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 him to ensure that the financial statements comply with the Companies Act 2006. He is 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 director is 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 he has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS

The auditors, Magma Audit LLP (part of the Dains Group), will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

I J Pugh - Director

17 September 2026

Opinion

We have audited the financial statements of Crash Damage Limited (the 'company') for the period ended 31 December 2025 which comprise the Statement of Income and Retained Earnings, Balance Sheet and 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 December 2025 and of its loss for the period 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 director's 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 director with respect to going concern are described in the relevant sections of this report.

Other information

The director is responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Director, 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 Director 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 Director 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 Director.

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 director's remuneration specified by law are not made; or

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

Responsibilities of director

As explained more fully in the Statement of Director's Responsibilities set out on page three, the director is 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 director determines 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 director is 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 director either intends to liquidate the company or to cease operations, or has 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.

Based on our understanding of the company and industry, we identified the principal risks of non-compliance with laws and regulations, and we considered the extent to which non-compliance might have a material effect on the financial statements. We also considered those laws and regulations that have a direct impact on the financial statements such as the Companies Act 2006. We evaluated management’s incentives and opportunities for fraudulent manipulation of the financial statements (including the risk of override of controls), and determined that the principal risks were related to posting inappropriate journal entries and management bias in accounting estimates. Audit procedures performed included:

-

Enquiries with management for consideration of known or suspected instances of non-compliance with laws and regulations and fraud.

-

Challenging assumptions made by management in their accounting estimates, in particular in relation to work in progress, the depreciation of fixed assets, the recoverability of debtors and going concern.

-

Identifying and testing material journal entries, in particular those journal entries posted with unusual account combinations, journal entries crediting revenue, journal entries crediting cash and journal entries with specific defined descriptions.

There are inherent limitations in the audit procedures described above. The more removed non-compliance with laws and regulations is, from the events and transactions reflected in the financial statements, the less likely we would become aware of it. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by forgery or intentional misrepresentation, for example, or through collusion.

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.

Luke Turner FCA FCCA (Senior Statutory Auditor)

for and on behalf of Magma Audit LLP (part of the Dains Group)

Chartered Accountants

Statutory Auditor

Unit 2, Charnwood Edge Business Park

Syston Road

Leicestershire

LE7 4UZ

17 September 2026

TURNOVER

4

41,520,078

21,784,742

Cost of sales

(27,787,200

)

(14,126,602

)

GROSS PROFIT

13,732,878

7,658,140

Administrative expenses

(13,960,775

)

(6,955,441

)

OPERATING (LOSS)/PROFIT

6

(227,897

)

702,699

Interest payable and similar expenses

7

(134,128

)

(143,435

)

(LOSS)/PROFIT BEFORE TAXATION

(362,025

)

559,264

Tax on (loss)/profit

8

-

-

(LOSS)/PROFIT FOR THE FINANCIAL PERIOD

(362,025

)

559,264

Retained earnings at beginning of period

(1,126,569

)

(1,685,833

)

RETAINED EARNINGS AT END OF PERIOD

(1,488,594

)

(1,126,569

)

FIXED ASSETS

Intangible assets

9

1,835,014

108,254

Tangible assets

10

801,339

593,730

2,636,353

701,984

CURRENT ASSETS

Stocks

11

799,552

689,328

Debtors

12

2,864,827

2,865,313

Cash at bank

575,105

463,566

4,239,484

4,018,207

CREDITORS

Amounts falling due within one year

13

(7,122,034

)

(4,576,781

)

NET CURRENT LIABILITIES

(2,882,550

)

(558,574

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(246,197

)

143,410

CREDITORS

Amounts falling due after more than one year

14

(23,199

)

(50,781

)

PROVISIONS FOR LIABILITIES

17

(7,098

)

(7,098

)

NET (LIABILITIES)/ASSETS

(276,494

)

85,531

CAPITAL AND RESERVES

Called up share capital

18

12,100

12,100

Other reserves

19

1,200,000

1,200,000

Retained earnings

19

(1,488,594

)

(1,126,569

)

SHAREHOLDERS' FUNDS

(276,494

)

85,531

The financial statements were approved by the director and authorised for issue on 17 September 2026 and were signed by:

I J Pugh - Director

1.	STATUTORY INFORMATION

Crash Damage Limited is a private limited company limited by shares, registered in England and Wales. Its registered office address is Lyndale House Ervington Court, Meridian Business Park, Leicester, United Kingdom, LE19 1WL and the registered number is 04168367.

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.

The financial year end of the company was changed from 30 June to 31 December so as to be coterminous with the year end of other companies within the AGC UK Group. The current period therefore covers 18 months, and comparative figures are not directly comparable.

The financial statements are prepared in sterling, which is the functional currency of the company, and rounded to the nearest £.

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

•

the requirements of Section 7 Statement of Cash Flows;

•

the requirement of paragraph 3.17(d);

•

the requirements of paragraphs 11.42, 11.44, 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c);

•

the requirements of paragraphs 12.26, 12.27, 12.29(a), 12.29(b) and 12.29A.

Going concern

The financial statements have been prepared on a going concern basis. This assumption is reliant upon the continued financial support from its ultimate parent company, Tingo Holdings Ltd & 530714BC Holdings Ltd. They have ensured that they will support Crash Damage Limited financially for a period of at least 12 months from the date of approval of the financial statements.

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover 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 turnover 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 turnover 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.

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

-

the amount of turnover can be measured reliably;

-

it is probable that the company will receive the consideration due under the contract;

the stage of completion of the contract at the end of the reporting period can be measured reliably; and

-

the costs incurred and the costs to complete the contract can be measured reliably.

Goodwill

Goodwill represents the excess of the cost of the initial acquisition over the net fair value of assets. Goodwill is amortised accordingly to the Profit and Loss over its useful life.

The estimated useful life of the goodwill is deemed to be 10 years.

Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation and impairment losses.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Leasehold Improvements

10% and 20% straight line

Plant & Machinery

10%, 20%, 33% and 50% straight line

Fixtures & Fittings

10% and 20% straight line

Office Equipment

20%, 25% and 33% straight line

Motor Vehicles

20% straight line

The gain or loss that arises from the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset which then charged or credited to the profit or loss.

Stocks

Stocks are stated at the lower of cost and 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 includes 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 the income statement.

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

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.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Taxation

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

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date 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 is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

Operating leases

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

Leases that do not transfer all the risks and rewards of ownership are classified as operating leases. Payments under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Employee 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.

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs

are required to be recognised as part of the cost of stock or fixed assets.

Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Cash and cash equivalents

Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutions, and other short-term highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

3.	CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Key sources of estimation uncertainty

The key sources of estimation and uncertainty, which have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities, are:

i. Stock and work in progress and impairments and provisions

Stock and work in progress is valued at lower of cost and net realisable value. Net realisable value includes, where necessary, provisions for slow moving and obsolete stocks. Calculation of these estimates require judgements to be made, which include forecasting consumer demand, competitive and economic environment and stock loss trends.

The management reviews this on a regular basis. The provision for stock loss is made to ensure the accounts reflect the lowest of net realisable value or cost. The provision comprises of the loss due to ageing of stock. Historic costs are used to calculate the provision.

ii. Useful lives of Tangible fixed assets

Management reviews the useful lives of property, plant and equipment on a regular basis. Any changes in estimates may affect the carrying amounts of the respective property, plant and equipment with a corresponding effect on the related depreciation charge.

iii. Bad Debt Provisioning

An allowance for the bad debts is made when collection of the full amount is no longer probable. The trade receivables balance is assessed at the end of each reporting period whether there is no objective evidence of impairment and recognises a bad debt allowance if such evidence arises.

4.

TURNOVER

The turnover and loss (2024 - profit) before taxation are attributable to the one principal activity of the company.

An analysis of turnover by class of business is given below:

Period

1/7/24

to

Year Ended

31/12/25

30/6/24

£

£

Repair of vehicles

41,520,078

21,784,742

41,520,078

21,784,742

All turnover arose within the United Kingdom.

5.	EMPLOYEES AND DIRECTORS

Period

1/7/24

to

Year Ended

31/12/25

30/6/24

£

£

Wages and salaries

11,703,991

6,130,993

Social security costs

1,333,208

613,474

Other pension costs

259,177

121,682

13,296,376

6,866,149

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

Period

1/7/24

to

Year Ended

31/12/25

30/6/24

Office Staff

102

84

Workshop Staff

111

89

Directors

1

1

214

174

Period

1/7/24

to

Year Ended

31/12/25

30/6/24

£

£

Director's remuneration

-

-

6.	OPERATING (LOSS)/PROFIT

The operating loss (2024 - operating profit) is stated after charging:

Period

1/7/24

to

Year Ended

31/12/25

30/6/24

£

£

Hire of plant and machinery

193,213

128,264

Other operating leases

1,236,516

543,090

Depreciation - owned assets

251,636

138,492

Loss on disposal of fixed assets

542

-

Goodwill amortisation

201,524

1,351

Auditors' remuneration

39,150

34,700

7.

INTEREST PAYABLE AND SIMILAR EXPENSES

Period

1/7/24

to

Year Ended

31/12/25

30/6/24

£

£

PCB, loan, HP and other interest charges

134,128

143,435

8.

TAXATION

Analysis of the tax charge

No liability to UK corporation tax arose for the period ended 31 December 2025 nor for the year ended 30 June 2024.

9.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 July 2024

139,605

Additions

1,928,284

At 31 December 2025

2,067,889

AMORTISATION

At 1 July 2024

31,351

Amortisation for period

201,524

At 31 December 2025

232,875

NET BOOK VALUE

At 31 December 2025

1,835,014

At 30 June 2024

108,254

10.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 July 2024

172,244

688,533

41,407

Additions

168,002

165,328

30,941

Disposals

-

-

-

At 31 December 2025

340,246

853,861

72,348

DEPRECIATION

At 1 July 2024

47,994

371,590

10,238

Charge for period

44,030

136,005

11,522

Eliminated on disposal

-

-

-

At 31 December 2025

92,024

507,595

21,760

NET BOOK VALUE

At 31 December 2025

248,222

346,266

50,588

At 30 June 2024

124,250

316,943

31,169

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 July 2024

119,378

123,496

1,145,058

Additions

55,402

41,801

461,474

Disposals

(2,500

)

-

(2,500

)

At 31 December 2025

172,280

165,297

1,604,032

DEPRECIATION

At 1 July 2024

22,810

98,696

551,328

Charge for period

31,612

28,467

251,636

Eliminated on disposal

(271

)

-

(271

)

At 31 December 2025

54,151

127,163

802,693

NET BOOK VALUE

At 31 December 2025

118,129

38,134

801,339

At 30 June 2024

96,568

24,800

593,730

11.

STOCKS

2025

2024

£

£

Stocks

279,417

241,850

Work-in-progress

520,135

447,478

799,552

689,328

12.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,361,972

1,911,411

Amounts owed by group undertakings

199

559,402

Other debtors

121,000

63,240

Directors' current accounts

100

100

Tax

-

13,232

Prepayments and accrued income

381,556

317,928

2,864,827

2,865,313

13.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 15)

23,959

48,882

Finance leases (see note 16)

11,940

7,275

Trade creditors

577,918

613,585

Amounts owed to group undertakings

1,909,797

-

Amounts owed to associated companies

2,854,216

2,699,293

Tax

10,829

-

Social security and other taxes

232,599

158,607

VAT

549,329

323,198

Other creditors

55,362

46,089

Accruals and deferred income

896,085

679,852

7,122,034

4,576,781