1.
General Information
BCTI Holdings Limited
is a private company, limited by shares, incorporated in England & Wales, registered number
04499290
. The registered office is Sovereign House, 12 Warwick Street, Coventry, West Midlands, CV5 6ET.
The company's head office is located at 69 Third Avenue, Pensnett Trading Estate, Kingswinford, West Midlands, DY6 7FD.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
2.
Statement of Compliance
The 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 on a going concern basis under the historical cost convention, modified as necessary to include certain items at fair value.
3.
Accounting Policies
3.1.
Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention.
3.2.
Basis Of Consolidation
The group consolidated financial statements include the financial statements of the company and all of its subsidiary undertakings together with the group’s share of the results of associates made up to 31 December 2025.
The company owned 100% of the Ordinary share capital of Black Country Traditional Inns Limited, Fireside Inns Limited and newly formed subsidiary Black Country Ales Limited. All subsidiaries had their registered office at Sovereign House, 12 Warwick Street, Coventry, West Midlands, CV5 6ET.
On the basis that BCTI Holdings Limited owned 100% of the issued share capital in each of these companies, they are all fully consolidated into these financial statements, up to 30th September 2025, when Fireside Inns Limited was dissolved.
3.3.
Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the group and parent company's ability to continue as a going concern.
3.4.
Significant judgements and estimations
Many of the amounts included in the financial statements involve the use of judgement and/or estimation. These judgements and estimates are based on management's best knowledge of the relevant facts and circumstances, having regard to prior experience, but actual results may differ from the amounts included in the financial statements. Information about such judgements and estimation is contained in these accounting policies and/or the notes to the financial statements and the key areas are summarised below:
Judgements in applying accounting policies
There are no judgements (apart from those involving estimates) that have been made in the process of applying these accounting policies that have had a significant effect on amounts recognised in the financial statements.
Sources of estimation uncertainty
The main estimates, which involve judgement, include depreciation, where rates are based on estimates of the useful lives and residual values of the assets involved (see the Tangible fixed assets accounting policy) and amortisation, where rates are based on estimates of the useful lives of the underlying assets.
3.5.
Turnover
Turnover from the sale of bar purchases 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 or to be incurred in respect of the transaction can be measured reliably. This is usually on point of sale.
Income from accommodation sales is recognised at the same time as the customers' stay.
BCTI Holdings Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
3.6.
Intangible Fixed Assets and Amortisation - Goodwill
Goodwill mainly represents the excess of the cost of a business combination over the fair value of the group’s share of the identifiable net assets, liabilities and contingent liabilities acquired.
Goodwill arising on the acquisition of subsidiaries is included in Intangible Assets.
Goodwill relating to assets realised in the year of acquisition was amortised immediately, with the balance being amortised evenly over its useful life of 10 years.
Goodwill is assessed for impairment when there are indicators of impairment and any impairment is charged to the profit and loss account. No reversals of impairment are recognised.
3.7.
Intangible Fixed Assets and Amortisation - Intellectual Property
Intellectual property assets are trade marks to protect the Black Country Ales name. It is amortised to the profit and loss account over its estimated economic life of 10 years.
3.8.
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 (including improvements) |
|
| Leasehold |
|
| Plant & Machinery |
|
| Motor Vehicles |
|
| Fixtures & Fittings |
|
| Computer Equipment |
|
The group has a policy of not providing for depreciation on the original cost of Freehold property. It is considered that depreciation is immaterial due to both the very long useful economic lives and the high residual value of the assets.
The group has a policy and practice of regular maintenance and repair (charges for which are recognised in the profit and loss account) such that the Freehold property is kept to its previously assessed standard of performance. In addition to this, it is considered that the Freehold property is unlikely to suffer from economic or technological obsolescence.
The group reviews the Freehold property for indicators of impairment in accordance with FRS 102 at the end of each reporting period.
Property improvements are, however, depreciated on a straight line basis over 5 years for minor refurbishments or 7 years for major refurbishments.
3.9.
Investments
Fixed asset investments held in the parent company represent the cost of investments in subsidiary undertakings. These investments are reviewed for indicators of impairment in accordance with FRS 102 at the end of each reporting period.
3.10.
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 group. 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.
BCTI Holdings Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
3.11.
Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.
Cost is determined using the first-in, first-out method. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
At the end of each reporting period stocks are assessed for impairment. If an item of stock is impaired, the identified stock is reduced to its selling price less costs to complete and sell and an impairment charge is recognised in the profit and loss account. Where a reversal of the impairment is required the impairment charge is reversed, up to the original impairment loss, and is recognised as a credit in the profit and loss account.
3.12.
Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
3.13.
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 group'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.
3.14.
Pensions
The group operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
4.
Turnover
Analysis of turnover by class of business is as follows:
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
|
|
|
|
|
Analysis of turnover by geographical market is as follows:
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| United Kingdom |
|
|
|
| 24,785,819 | 22,322,714 | ||
BCTI Holdings Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
5.
Operating Profit
The operating profit is stated after charging:
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Operating lease rentals |
|
|
|
| Depreciation of tangible fixed assets |
|
|
|
| Amortisation of intangible fixed assets |
( |
( |
|
6.
Auditor's Remuneration
Remuneration received by the group's auditors and their associates during the year was as follows:
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Audit Services | |||
| Audit of the company's financial statements |
|
|
|
7.
Staff Costs
Staff costs, including directors' remuneration, were as follows:
| Group | Company | ||||||
|---|---|---|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | ||||
| £ | £ | £ | £ | ||||
| Wages and salaries |
|
|
|
|
|||
| Social security costs |
|
|
|
|
|||
| Other pension costs |
|
|
|
|
|||
|
|
|
|
|
||||
8.
Average Number of Employees
Group
Average number of employees, including directors, during the year was as follows:
| 2025 | 2024 | ||
|---|---|---|---|
| Office and administration |
|
|
|
| Directors |
|
|
|
| Production |
|
|
|
| Management |
|
|
|
|
|
|
||
Company
Average number of employees, including directors, during the year was: NIL (2024: NIL)
BCTI Holdings Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
9.
Directors' remuneration
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Emoluments |
|
|
|
| Company contributions to money purchase pension schemes |
|
|
|
|
|
|
||
10.
Interest Receivable and Similar Income
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Bank interest receivable |
|
|
|
| Other interest receivable | 13,058 | 11,546 | |
| 81,225 | 100,874 | ||
11.
Interest Payable and Similar Charges
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Bank loans and overdrafts |
|
|
|
| Other finance charges | - |
|
|
| 199,902 | 334,665 | ||
12.
Tax on Profit
The tax charge on the profit for the year was as follows:
| Tax Rate | 2025 | 2024 | |||
|---|---|---|---|---|---|
| 2025 | 2024 | £ | £ | ||
| Current tax | |||||
| UK Corporation Tax | 25.0% | 25.0% |
|
|
|
| Prior period adjustment |
( |
( |
|||
|
|
|
||||
| Deferred Tax | |||||
| Origination and reversal of timing differences |
|
|
|||
| Total tax charge for the period |
|
|
|||
The actual charge for the year can be reconciled to the expected charge for the year based on the profit and the standard rate of corporation tax as follows:
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| £ | £ | ||||
| Profit before tax | 5,922,980 | 4,752,495 | |||
| Tax on profit at 25% (UK standard rate) |
|
|
|||
| Expenses not deductible for tax purposes |
|
|
|||
| Short term timing differences |
|
|
|||
...CONTINUED
BCTI Holdings Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
| Prior period adjustment |
( |
( |
|||
| Difference in tax rates |
|
|
|||
| Total tax charge for the period | 1,630,720 | 1,284,076 | |||
The 'Difference in tax rates' above relates to the impact of the deferred tax asset in the parent company not being recognised.
The expectation is that the following deferred tax balances will reverse in the next financial year. For accelerated tax allowances this relates to the tax on depreciation that will be charged in excess of tax allowances to be claimed in the year to 31st December 2026 on the specific assets on the balance sheet at 31st December 2025 that are eligible for tax allowances. For pension payment timing differences, this relates to the tax deduction expected to be due following payment of pension accruals:
|
2026
|
|
|
£
|
|
|
Accelerated tax allowances - reduction to liability
|
290,017
|
|
Pension payment timing differences - reduction to asset
|
(18,334)
![1](data:image/svg+xml;utf8,<svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 80 2" preserveAspectRatio="none"> <line x1="0" y1="1" x2="80" y2="1" stroke="black" shape-rendering="crispEdges"/> </svg>){kind=small}
|
|
Total - reduction in liability expected in 2026
|
271,683
![1](data:image/svg+xml;utf8,<svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 80 5" preserveAspectRatio="none"> <line x1="0" y1="1" x2="80" y2="1" stroke="black" shape-rendering="crispEdges"/> <line x1="0" y1="4" x2="80" y2="4" stroke="black" shape-rendering="crispEdges"/> </svg>){kind=small}
|
13.
Intangible Assets
Group
Company
| Goodwill | Intellectual Property | Total | |
|---|---|---|---|
| £ | £ | £ | |
| Cost | |||
| As at 1 January 2025 |
( |
|
( |
| Additions |
|
|
|
| As at 31 December 2025 |
( |
|
( |
| Amortisation | |||
| As at 1 January 2025 |
( |
|
( |
| Provided during the period |
( |
|
( |
| As at 31 December 2025 |
( |
|
( |
| Net Book Value | |||
| As at 31 December 2025 |
( |
|
( |
| As at 1 January 2025 |
( |
|
( |
Included in Goodwill is the following positive Goodwill:
|
2025
|
2024
|
||
|
£
|
£
|
||
|
Cost brought forward
|
686,618
|
686,618
|
|
|
Amortisation brought forward
|
(560,901)
|
(512,168)
|
|
|
Amortisation charge in the year
|
(48,733)
|
(48,733)
|
|
|
Net book value carried forward
|
76,984
|
125,717
|
BCTI Holdings Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
| Goodwill | |||
|---|---|---|---|
| £ | |||
| Cost | |||
| As at 1 January 2025 |
|
||
| As at 31 December 2025 |
|
||
| Amortisation | |||
| As at 1 January 2025 |
|
||
| Provided during the period |
|
||
| As at 31 December 2025 |
|
||
| Net Book Value | |||
| As at 31 December 2025 |
|
||
| As at 1 January 2025 |
|
||
14.
Tangible Assets
Group
Company
| Land & Property | ||||
|---|---|---|---|---|
| Freehold (including improvements) | Leasehold | Plant & Machinery | Motor Vehicles | |
| £ | £ | £ | £ | |
| Cost | ||||
| As at 1 January 2025 |
|
|
|
|
| Additions |
|
|
|
|
| Disposals |
( |
|
( |
|
| As at 31 December 2025 |
|
|
|
|
| Depreciation | ||||
| As at 1 January 2025 |
|
|
|
|
| Provided during the period |
|
|
|
|
| Disposals |
( |
|
( |
|
| As at 31 December 2025 |
|
|
|
|
| Net Book Value | ||||
| As at 31 December 2025 |
|
|
|
|
| As at 1 January 2025 |
|
|
|
|
BCTI Holdings Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
| Fixtures & Fittings | Computer Equipment | Total | |
|---|---|---|---|
| £ | £ | £ | |
| Cost | |||
| As at 1 January 2025 |
|
|
|
| Additions |
|
|
|
| Disposals |
( |
( |
( |
| As at 31 December 2025 |
|
|
|
| Depreciation | |||
| As at 1 January 2025 |
|
|
|
| Provided during the period |
|
|
|
| Disposals |
( |
( |
( |
| As at 31 December 2025 |
|
|
|
| Net Book Value | |||
| As at 31 December 2025 |
|
|
|
| As at 1 January 2025 |
|
|
|
| Land & Property | |||
|---|---|---|---|
| Freehold (including improvements) | Leasehold | Total | |
| £ | £ | £ | |
| Cost | |||
| As at 1 January 2025 |
|
|
|
| Additions |
|
|
|
| Disposals |
( |
|
( |
| As at 31 December 2025 |
|
|
|
| Depreciation | |||
| As at 1 January 2025 |
|
|
|
| Provided during the period |
|
|
|
| Reversal of past impairment |
( |
|
( |
| Disposals |
( |
|
( |
| As at 31 December 2025 |
|
|
|
| Net Book Value | |||
| As at 31 December 2025 |
|
|
|
| As at 1 January 2025 |
|
|
|
BCTI Holdings Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
15.
Investments
Company
| Subsidiaries | |
|---|---|
| £ | |
| Cost or Valuation | |
| As at 1 January 2025 |
|
| Additions |
|
| Disposals |
( |
| As at 31 December 2025 |
|
| Provision | |
| As at 1 January 2025 |
|
| As at 31 December 2025 |
|
| Net Book Value | |
| As at 31 December 2025 |
|
| As at 1 January 2025 |
|
Subsidiaries
Details of the group's subsidiaries as at 31 December 2025 are as follows:
| Name of undertaking | Registered Office | Class of shares held | Direct holding | Indirect holding |
|---|---|---|---|---|
|
|
Sovereign House, 12 Warwick Street, Coventry, West Midlands, CV5 6ET |
|
|
- |
|
|
Sovereign House, 12 Warwick Street, Coventry, West Midlands, CV5 6ET |
|
|
- |
The aggregate capital and reserves and the result for the year of the subsidiaries listed above was as follows:
| Capital and Reserves | Profit/(loss) | |
|---|---|---|
| £ | £ | |
| Black Country Traditional Inns Limited |
|
|
| Black Country Ales Limited |
|
|
Following a hive across of the trade of Fireside Inns Limited to Black Country Traditional Inns a number of years ago, Fireside Inns was dissolved on 30th September 2025 and the £150,000 share capital was returned to BCTI Holdings. The Company's cost of the original investment in the share capital of Fireside Inns Limited has been reviewed for indicators of impairment in line with FRS 102 requirements, and due to the previous hive across of the trade, this investment remains unimpaired.
During the period under review, new dormant subsidiary Black Country Ales Limited was formed.
16.
Stocks
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Stock |
|
|
|
The replacement cost of stocks is not materially different from the value stated above.
BCTI Holdings Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
17.
Debtors
| Group | Company | ||||||
|---|---|---|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | ||||
| £ | £ | £ | £ | ||||
| Due within one year | |||||||
| Trade debtors |
|
|
|
|
|||
| Prepayments and accrued income |
|
|
|
|
|||
| Other debtors |
|
|
|
|
|||
| Assets under construction |
|
|
|
|
|||
| Corporation tax recoverable assets |
|
|
|
|
|||
| VAT | - | - |
|
|
|||
| Amounts owed by group undertakings | - | - |
|
|
|||
|
|
|
|
|
||||
| Due after more than one year | |||||||
| Other debtors |
|
|
|
|
|||
|
|
|
|
|
||||
18.
Creditors: Amounts Falling Due Within One Year
| Group | Company | ||||||
|---|---|---|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | ||||
| £ | £ | £ | £ | ||||
| Trade creditors |
|
|
|
|
|||
| Bank loans and overdrafts |
|
|
|
|
|||
| Corporation tax |
|
|
|
|
|||
| Other taxes and social security |
|
|
- | - | |||
| VAT |
|
|
- | - | |||
| Other creditors |
|
|
|
|
|||
| Accruals and deferred income |
|
|
|
|
|||
| Directors' loan accounts |
|
|
|
|
|||
| Amounts owed to group undertakings | - | - |
|
|
|||
| Payments on account |
|
|
|
|
|||
|
|
|
|
|
||||
Of the creditors falling due after more than one year the following amounts are due after more than five years.
| Group | Company | ||||||
|---|---|---|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | ||||
| £ | £ | £ | £ | ||||
| Bank loans | - |
|
|
|
|||
Of the creditors the following amounts are secured.
| Group | Company | ||||||
|---|---|---|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | ||||
| £ | £ | £ | £ | ||||
| Bank loans and overdrafts | 2,594 | 2,203,309 | 2,594 | 2,203,309 | |||
National Westminster Bank plc hold a fixed and floating charge over all the property or undertaking of the company.
BCTI Holdings Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
20.
Loans
An analysis of the maturity of loans is given below:
| Group | Company | ||||||
|---|---|---|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | ||||
| £ | £ | £ | £ | ||||
| Amounts falling due within one year or on demand: | |||||||
| Bank loans |
|
|
|
|
|||
| Group | Company | ||||||
|---|---|---|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | ||||
| £ | £ | £ | £ | ||||
| Amounts falling due between one and five years: | |||||||
| Bank loans | - |
|
|
|
|||
| Group | Company | ||||||
|---|---|---|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | ||||
| £ | £ | £ | £ | ||||
| Amounts falling due after more than five years: | |||||||
| Bank loans | - |
|
|
|
|||
21.
Deferred Taxation
The provision for deferred tax is made up as follows:
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Accelerated capital allowances |
|
|
|
| Other timing differences | (18,334) | (10,000) | |
|
|
|
||
22.
Provisions for Liabilities
| Group | ||
|---|---|---|
| Deferred Tax | Total | |
| £ | £ | |
| As at 1 January 2025 |
|
571,938 |
| Origination and reversal of timing differences |
|
|
| Balance at 31 December 2025 |
|
723,473 |
BCTI Holdings Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
24.
Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
| Group | Company | ||||||
|---|---|---|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | ||||
| £ | £ | £ | £ | ||||
| Not later than one year |
|
|
|
|
|||
| Later than one year and not later than five years |
|
|
|
|
|||
| Later than five years |
|
|
|
|
|||
|
|
|
|
|
||||
25.
Pension Commitments
The group operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the group in an independently administered fund.
During the year the charge to the profit and loss account in respect of defined contribution schemes was £113,078 (2024: £103,968).
At the balance sheet date contributions of £73,334 (2024: £40,000) were due to the fund and are included in creditors.
26.
Dividends
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| On equity shares: | |||
| Interim dividend paid | - |
|
|
27.
Related Party Disclosures
The group has taken advantage of exemption, under 33.1A of the Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", not to disclose transactions with wholly owned subsidiaries within the group.
Transactions between group entities which have been eliminated on consolidation are not disclosed within the financial statements.
|
2025
|
2024
|
||
|
£
|
£
|
||
|
Key management personnel of the entity or its parent (in the aggregate)
|
|||
|
Property transfers from related party to the company
|
-
|
429,505
|
|
|
Rent paid
|
-
|
23,807
|
|
|
Other related parties (SIPPs belonging to the directors)
|
...CONTINUED
BCTI Holdings Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
|
Rent paid
|
215,166
|
297,750
|
|
|
Loan interest receivable
|
2,882
|
-
|
|
|
Loans receivable
|
252,882
|
-
|
28.
Controlling Parties
The company's controlling party is
Mr A McMeeking
by virtue of their interest in the share capital of the company.