REGISTERED NUMBER: 13868714 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

DUNCAN & GROVE GROUP LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

9

DIRECTOR:

J D Musgrove

REGISTERED OFFICE:

63 Wallage Lane

Crawley

RH10 4NQ

REGISTERED NUMBER:

13868714 (England and Wales)

ACCOUNTANTS:

MDH

Chartered Certified Accountants

21 Stafford Road

Croydon

Surrey

CR0 4NG

FIXED ASSETS

Intangible assets

4

-

68,283

Tangible assets

5

25,286

-

25,286

68,283

CURRENT ASSETS

Debtors

6

832,480

94,950

Cash at bank

2,786

225,159

835,266

320,109

CREDITORS

Amounts falling due within one year

7

380,423

86,114

NET CURRENT ASSETS

454,843

233,995

TOTAL ASSETS LESS CURRENT LIABILITIES

480,129

302,278

PROVISIONS FOR LIABILITIES

8

6,322

-

NET ASSETS

473,807

302,278

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

473,707

302,178

SHAREHOLDERS' FUNDS

473,807

302,278

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 September 2026 and were signed by:

J D Musgrove - Director

1.	STATUTORY INFORMATION

Duncan & Grove Group 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.

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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

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

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.

Tangible fixed assets

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

Plant and machinery

-

10% on cost

Computer equipment

-

25% on cost

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.

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

The average number of employees during the year was 4 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

68,283

Disposals

(68,283

)

At 31 December 2025

-

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

68,283

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

25,465

At 31 December 2025

25,465

DEPRECIATION

Charge for year

179

At 31 December 2025

179

NET BOOK VALUE

At 31 December 2025

25,286

6.

DEBTORS

31/12/25

31/12/24

£

£

Amounts falling due within one year:

Trade debtors

101,305

44,851

Amounts owed by group undertakings

647,619

-

Other debtors

4,099

99

753,023

44,950

Amounts falling due after more than one year:

Other debtors

79,457

50,000

Aggregate amounts

832,480

94,950

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

£

Trade creditors

7,718

11,005

Amounts owed to group undertakings

303,057

-

Taxation and social security

69,648

75,109

380,423

86,114

8.	PROVISIONS FOR LIABILITIES

31/12/25

31/12/24

£

£

Deferred tax

6,322

-

Deferred

tax

£

Provided during year

6,322

Balance at 31 December 2025

6,322

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/12/25

31/12/24

value:

£

£

80

Ordinary A

1

80

75

10

Ordinary B

1

10

10

10

Ordinary C

1

10

10

100

95

10.

RESERVES

Retained

earnings

£

At 1 January 2025

302,178

Profit for the year

171,529

At 31 December 2025

473,707

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

31/12/25

31/12/24

£

£

J D Musgrove

Balance outstanding at start of year

-

(4,999

)

Amounts advanced

731,272

365,000

Amounts repaid

(727,272

)

(360,001

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

4,000

-

This loan to the director from the company was interest free and repaid within 9 months of the year end.

12.	RELATED PARTY DISCLOSURES

Duncan and Grove UK

A company in which Mr Musgrove is a shareholder

31/12/25

31/12/24

£

£

Amount due from related party at the balance sheet date

180,761

-

Duncan and Grove USA

A company in which Mr Musgrove is a shareholder

31/12/25

31/12/24

£

£

Amount due to related party at the balance sheet date

18,057

-

Dang Plant Hire Limited

A company in which Mr Musgrove is a shareholder

31/12/25

31/12/24

£

£

Amount due to related party at the balance sheet date

285,000

-

Duncan and Grove International

A company in which Mr Musgrove is a shareholder

31/12/25

31/12/24

£

£

Amount due from related party at the balance sheet date

647,619

-

13.	ULTIMATE CONTROLLING PARTY

The controlling party is J D Musgrove.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Duncan & Grove Group Limited for the year ended 31 December 2025 which comprise the Income Statement, Other Comprehensive Income, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the director of Duncan & Grove Group Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Duncan & Grove Group Limited and state those matters that we have agreed to state to the director of Duncan & Grove Group Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Duncan & Grove Group Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Duncan & Grove Group Limited. You consider that Duncan & Grove Group Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Duncan & Grove Group Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

MDH

Chartered Certified Accountants

21 Stafford Road

Croydon

Surrey

CR0 4NG

22 September 2026