REGISTERED NUMBER: 06586604 (England and Wales)

Strategic Report, Report of the Directors and

Financial Statements

for the Year Ended 31 December 2025

for

Ensarb Ltd

Page

Company Information

1

Strategic Report

2

Report of the Directors

4

Report of the Independent Auditors

5

Profit and Loss Account

9

Balance Sheet

10

Statement of Changes in Equity

11

Cash Flow Statement

12

Notes to the Cash Flow Statement

13

Notes to the Financial Statements

14

DIRECTORS:

S J Reeves

B J Reeves

SECRETARY:

B J Reeves

REGISTERED OFFICE:

Ebenezer House

Ryecroft

Newcastle-under-Lyme

Staffordshire

ST5 2BE

REGISTERED NUMBER:

06586604 (England and Wales)

AUDITORS:

Thompson Wright (Audit) Limited

Chartered Accountants

and Statutory Auditors

Ebenezer House

Ryecroft

Newcastle under Lyme

Staffordshire

ST5 2BE

The directors present their strategic report for the year ended 31 December 2025.

REVIEW OF BUSINESS

The company continues to provide wedding venue hire & wedding venue event management services.

Development, performance and financial position:

We aim to present a balanced and comprehensive review of the development and performance of our business during the period and its position at the year end. Our review is consistent with the size and non-complex nature of our business and is written in the context of the risks and uncertainties we face.

The company has been trading for 17 years as a successful wedding venue owner, developer and operator.

The company continues to heavily invest in IT infrastructure creating an enhanced wedding planning experience to our clients.

The company has a strong workforce and staff training is key to providing enhanced event management and excellent customer service.

The company has reported a profit before tax of £1,476,843 (2024: £1,346,934). The balance sheet date at 31st December 2025 indicates continued strength, with net current assets of £8,308,466 and net assets of £9,109,462.

The company is continuing to invest in the upgrading of the property assets and wider customer services.

PRINCIPAL RISKS AND UNCERTAINTIES

The business and market environment in which we operate continues to be a growing sector with expected competition challenges and we constantly evolve our properties and services.

The company continues to have a sound asset base and freehold properties with acceptable loan to value ratios and the directors are confident about the future growth and development of the business.

The main risks associated with the company's financial assets and liabilities are set out below:

Interest rate risk

The company finances its operations through a combination of retained profits and external debt. The external borrowings are at a mix of fixed and variable interest rates. The interest rates at which the company borrows are affordable given the profitability of the business. The price of external debt reflects the strong asset values held by the company which are provided as security.

Liquidity risk

The company aims to manage the availability of funds for its operations by borrowing suitably dated external debt and using retained profits in the business.

Credit risk and cashflow risk

The company manages its exposure to these risks by ensuring that advance payments are taken from customers at set intervals before the wedding date. There is minimal exposure to credit risk and cashflow risk.

KEY PERFORMANCE INDICATORS

Gross profit margin

2025 - 72%

2024 - 71%

Current ratio

2025 - 2.38

2024 - 2.14

Net assets

2025 - £9,109,462

2024 - £8,070,382

Gross profit margin has remained consistent with the previous period. This performance measure helps the company to monitor its cost base of customer services.

The current ratio identifies deficiencies in working capital which is essential for the smooth operation of the business. The company has improved its working capital position in the period.

The directors are motivated to monitor the net asset position of the company. This measure informs the directors of the overall strength of the company's balance sheet and this too remains at a healthy level, having increased significantly on the prior year.

ON BEHALF OF THE BOARD:

B J Reeves - Director

21 September 2026

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

DIVIDENDS

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

EVENTS SINCE THE END OF THE YEAR

Information relating to events since the end of the year is given in the notes to the financial statements.

DIRECTORS

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

S J Reeves

B J Reeves

FUTURE DEVELOPMENTS

Commentary about the future developments of the company has been incorporated into the strategic report.

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, Thompson Wright (Audit) Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

B J Reeves - Director

21 September 2026

Opinion

We have audited the financial statements of Ensarb Ltd (the 'company') for the year ended 31 December 2025 which comprise the Profit and Loss Account, Balance Sheet, Statement of Changes in Equity, Cash Flow Statement and Notes to the Cash Flow Statement, 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 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:

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 Senior Statutory Auditor ensured that the audit team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations;

- we identified the laws and regulations applicable to the company through discussions with directors and other management, and from our commercial knowledge and experience of the wedding venue hire & event management sector;

- we focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, including the Companies Act 2006, taxation legislation, data protection, anti-bribery, employment, environmental consumer rights act, other industry specific accreditations and health and safety legislation;

- we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence; and

- identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit.

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;

- tested 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;

- reading the minutes of meetings of those charged with governance;

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

- reviewing correspondence with HMRC, relevant regulators including the Health and Safety Executive, and the company's legal advisors.

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.

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.

Jeremy Bostock BA(Hons) BFP FCA (Senior Statutory Auditor)

for and on behalf of Thompson Wright (Audit) Limited

Chartered Accountants

and Statutory Auditors

Ebenezer House

Ryecroft

Newcastle under Lyme

Staffordshire

ST5 2BE

21 September 2026

TURNOVER

3

4,666,031

4,904,133

Cost of sales

1,283,947

1,413,185

GROSS PROFIT

3,382,084

3,490,948

Administrative expenses

1,669,309

1,768,546

1,712,775

1,722,402

Other operating income

4

49,042

163,848

OPERATING PROFIT

6

1,761,817

1,886,250

Income from shares in group undertakings

-

500

Interest receivable and similar income

7

25,009

22,048

25,009

22,548

1,786,826

1,908,798

Interest payable and similar expenses

8

309,983

561,864

PROFIT BEFORE TAXATION

1,476,843

1,346,934

Tax on profit

9

437,763

385,377

PROFIT FOR THE FINANCIAL YEAR

1,039,080

961,557

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

1,039,080

961,557

FIXED ASSETS

Intangible assets

10

-

-

Tangible assets

11

8,800,548

9,290,794

Investments

12

10,000

10,000

Investment property

13

244,800

244,800

9,055,348

9,545,594

CURRENT ASSETS

Debtors

14

13,763,552

13,831,191

Cash at bank

586,828

168,657

14,350,380

13,999,848

CREDITORS

Amounts falling due within one year

15

6,041,914

6,530,454

NET CURRENT ASSETS

8,308,466

7,469,394

TOTAL ASSETS LESS CURRENT LIABILITIES

17,363,814

17,014,988

CREDITORS

Amounts falling due after more than one year

16

(8,252,044

)

(8,934,446

)

PROVISIONS FOR LIABILITIES

20

(2,308

)

(10,160

)

NET ASSETS

9,109,462

8,070,382

CAPITAL AND RESERVES

Called up share capital

21

100

100

Retained earnings

22

9,109,362

8,070,282

SHAREHOLDERS' FUNDS

9,109,462

8,070,382

The financial statements were approved by the Board of Directors and authorised for issue on 21 September 2026 and were signed on its behalf by:

B J Reeves - Director

S J Reeves - Director

Called up

share

Retained

Total

capital

earnings

equity

£

£

£

Balance at 1 January 2024

100

7,108,725

7,108,825

Changes in equity

Total comprehensive income

-

961,557

961,557

Balance at 31 December 2024

100

8,070,282

8,070,382

Changes in equity

Total comprehensive income

-

1,039,080

1,039,080

Balance at 31 December 2025

100

9,109,362

9,109,462

Cash flows from operating activities

Cash generated from operations

1

2,254,511

2,433,996

Interest paid

(309,983

)

(561,864

)

Tax paid

(498,773

)

(325,378

)

Net cash from operating activities

1,445,755

1,546,754

Cash flows from investing activities

Purchase of tangible fixed assets

(104,622

)

(103,032

)

Sale of tangible fixed assets

250,299

10,544

Interest received

25,009

22,548

Net cash from investing activities

170,686

(69,940

)

Cash flows from financing activities

Loan repayments in year

(514,758

)

(471,585

)

Payments to lease creditors

(52,472

)

(200,460

)

Amount introduced by directors

21,184

16,321

Amount withdrawn by directors

(20,961

)

(16,741

)

Loans to related parties

(631,263

)

(1,811,828

)

Net cash from financing activities

(1,198,270

)

(2,484,293

)

Increase/(decrease) in cash and cash equivalents

418,171

(1,007,479

)

Cash and cash equivalents at beginning of year

2

168,657

1,176,136

Cash and cash equivalents at end of year

2

586,828

168,657

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

2025

2024

£

£

Profit before taxation

1,476,843

1,346,934

Depreciation charges

347,628

481,385

(Profit)/loss on disposal of fixed assets

(3,059

)

288

Finance costs

309,983

561,864

Finance income

(25,009

)

(22,548

)

2,106,386

2,367,923

Increase in trade and other debtors

(41,049

)

(12,923

)

Increase in trade and other creditors

189,174

78,996

Cash generated from operations

2,254,511

2,433,996

2.	CASH AND CASH EQUIVALENTS

The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

Year ended 31 December 2025

31.12.25

1.1.25

£

£

Cash and cash equivalents

586,828

168,657

Year ended 31 December 2024

31.12.24

1.1.24

£

£

Cash and cash equivalents

168,657

1,176,136

3.	ANALYSIS OF CHANGES IN NET DEBT

At 1.1.25

Cash flow

At 31.12.25

£

£

£

Net cash

Cash at bank

168,657

418,171

586,828

168,657

418,171

586,828

Debt

Finance leases

(52,472

)

52,472

-

Debts falling due within 1 year

(437,240

)

(8,105

)

(445,345

)

Debts falling due after 1 year

(7,086,984

)

522,864

(6,564,120

)

(7,576,696

)

567,231

(7,009,465

)

Total

(7,408,039

)

985,402

(6,422,637

)

1.	STATUTORY INFORMATION

Ensarb Ltd 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.

Critical accounting judgements and estimation uncertainty

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believe to be reasonable under the circumstances.

Critical accounting estimates and assumptions

The company makes estimates and assumptions concerning the future. The resulting account estimates will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are addressed below.

Useful economic life of tangible assets

The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. The usual economic lives and residual values are re-assessed annually. They are amended when necessary to reflect current estimates, based on technological advancement, future investments, economic utilisation and the physical condition of the assets.

Impairment of loans

The company makes an estimate of the recoverable value of loans. When assessing impairment of loans, management considers factors including the expected future performance of the debtor and its ability to settle the loan.

Turnover

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

Advance payments are received prior to weddings booked and are only recognised to revenue when the weddings have taken place.

Turnover also includes additional revenue streams from commissions earned through food and beverage sales. Revenue is recognised when sales of food and beverages have been made.

Turnover is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred in respect of the transaction can be measured reliably.

All turnover is derived in the UK.

Tangible fixed assets

Tangible assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes the original purchase price, costs directly attributable to bringing the asset to its working condition for its intended use.

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

Freehold property

-

2% on cost

Plant and machinery

-

20% - 40% on cost

Fixtures and fittings

-

15% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

15% on cost

Freehold land is not depreciated.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

The company has chosen to adopt the Sections 11 and 12 of FRS 102 in respect of financial instruments.

(i) Financial assets

Basic financial assets, including trade and other debtors, and cash and bank balances are initially recognised at transaction price.

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in profit or loss.

(ii) Financial liabilities

Basic financial liabilities, including trade and other creditors, 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 receipts discounted at a market rate of interest. 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. Trade creditors are classified as current liabilities if payment is due within one year or less. If not, they are presented as creditors due after more than one year. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3.

TURNOVER

The turnover and profit before taxation are attributable to the one principal activity of the company.

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

2025

2024

£

£

Venue hire

3,093,125

3,137,908

Accommodation

1,003,937

1,122,083

Commissions receivable

568,969

644,142

4,666,031

4,904,133

4.	OTHER OPERATING INCOME

2025

2024

£

£

Lease recharges

49,042

163,848

Operating Lease Income

Payments made under operating leases are recognised in the income statement on a straight-line basis over the term of the lease.

5.	EMPLOYEES AND DIRECTORS

2025

2024

£

£

Wages and salaries

1,882,257

1,770,535

Other social security costs

203,353

140,596

Other pension costs

36,531

33,340

2,122,141

1,944,471

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

2025

2024

Administration and support

14

12

Sales, marketing and distribution

34

29

Other departments

71

52

119

93

2025

2024

£

£

Directors' remuneration

37,898

29,916

During the year, the number of directors receiving pension contributions into the scheme is nil (2024 - nil).

6.	OPERATING PROFIT

The operating profit is stated after charging/(crediting):

2025

2024

£

£

Operating leases

25,683

14,923

Depreciation - owned assets

347,627

313,669

Depreciation - assets on hire purchase contracts

-

167,716

(Profit)/loss on disposal of fixed assets

(3,059

)

288

Auditors' remuneration

11,750

9,240

7.

INTEREST RECEIVABLE AND SIMILAR INCOME

2025

2024

£

£

Other interest receivable

6,101

-

Bank interest receivable

18,908

22,048

25,009

22,048

8.

INTEREST PAYABLE AND SIMILAR EXPENSES

2025

2024

£

£

Bank loan interest

290,442

521,565

Credit card charges

19,541

35,137

HMRC interest payable

-

5,162

309,983

561,864

9.

TAXATION

Analysis of the tax charge

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

2025

2024

£

£

Current tax:

UK corporation tax

445,615

418,772

Deferred tax

(7,852

)

(33,395

)

Tax on profit

437,763

385,377