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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

Datum Finance Limited is a private company limited by shares incorporated in England and Wales. The registered office is Calder Vale Park, Simonstone Lane, Simonstone, Burnley, Lancashire, England, BB12 7ND.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

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

The financial statements have been prepared under the historical cost convention, The principal accounting policies adopted are set out below.

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

Included within other creditors is the sum of £20,423,544 (2024 : £20,423,678) owed to Atlantic Tool Leasing, the company's parent undertaking. The directors are not aware of any reason why these facilities may be withdrawn in the forseeable future, and it is for this reason that they are preparing the financial statements on the going concern basis.

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally 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, 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.

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, 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 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.

Derivatives are initially recognised at fair value at the date a derivative contract is entered into and are subsequently remeasured to fair value at each reporting end date. The resulting gain or loss is recognised in profit or loss immediately unless the derivative is designated and effective as a hedging instrument, in which event the timing of the recognition in profit or loss depends on the nature of the hedge relationship.

A derivative with a positive fair value is recognised as a financial asset, whereas a derivative with a negative fair value is recognised as a financial liability.

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.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

Loans and receivables

Loans and receivables are initially recognised at cost, which is fair value plus directly related transaction costs. After initial recognition loans and receivables are measured at amortised cost, less any impairment losses. Any gains or losses are recognised in the profit and loss account using the effective interest method.

Interest bearing loans and borrowings

Interest bearing loans and borrowings are initially recognised at cost, which is fair value of the consideration received net of any issue costs associated with borrowing. After initial recognition interest bearing loans and borrowings are measured at amortised cost. Any gains or losses are recognised in the profit and loss account over the period of borrowing on an effective interest basis. Amounts owed to group companies are interest free.                

Investments

Investments are initially recorded at cost, being fair value of consideration given including associated acquisition costs. After initial recognition investments classified as available for sale are measured at fair value, using independent appraisal or other appropriate valuation model.                        

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.

The average monthly number of persons (including directors) employed by the company during the year was:

Deferred taxation has not been recognised in the financial statements. At 30 September 2025 the deferred tax asset not recognised amounted to £3,400,000 (2024: £3,400,000).

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

In our opinion the financial statements:

• give a true and fair view of the state of the company's affairs as at 30 September 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.

The company was under the control of Mr E S Fort throughout the current and previous year.

The company entered into the following related party transactions during the year.

Atlantic Tool Leasing UK Limited

Mr E S Fort is a Director and 100% shareholder of Atlantic Tool Leasing UK Limited. During the year the company received interest-free loan facilities from Atlantic Tool Leasing UK Limited. At 31 September 2025 amounts owed were £20,423,544 (2024 £20,423,678). This is included within other creditors falling due within one year. Atlantic Tool Leasing UK Limited has given undertakings to the company in the form of pledges to defer recovery of amounts owed.

Fort Vale Engineering Limited Retirement Benefit Scheme

Mr E S Fort is a Trustee of the Fort Vale Engineering Limited Retirement Benefit Scheme from which he receives relevant benefits. During the year the company received loan facilities from Fort Vale Engineering Limited Retirement Benefit Scheme.

Datum Property Developments Limited

Atlantic Tool Leasing UK Limited is the 100% owner of Datum Property Developments Limited. At the year end the comapny was owed £160,010 (2024 £160,010) and this is included within debtors falling due within one year.

E S Fort Discretionary Settlement for Guthrie and Imogen

Mr E S Fort and Mrs S Friedlander are Trustees of the E S Fort Discretionary Trust for Guthrie and Imogen.

E S Fort

Mr Fort has given a personal guarantee, not exceeding £5 million, to the Royal Bank of Scotland plc in respect of obligations of the company to National Westminster Bank plc and Royal Bank of Scotland plc.

Charitable Trust

Mr E S Fort is a Trustee of The Beaulieu Beaufort Foundation and The Fort Foundation.

Fusion Building Consultants Limited

Mr S D Jelfs is a director of Fusion Building Consultants Limited who provide professional services to the company. These services are on normal commercial terms. Fees charged and included within legal and professional expenses during the year are £4,096 (2024 - £13,565). The total owed to the company at the year end is £4,096 (2024 £13,565).

Piermont Barn Limited

Mr S D Jelfs is a director of Piermont Barn Limited who provide professional services to the company. These services are on normal commercial terms. Fees charged and included within legal and professional expenses during the year are £4,152 (2024 - £0). The total owed to the company at the year end is £4,152 (2024 £56,461).

The company regards Atlantic Tool Leasing UK Limited as its ultimate holding company. The financial statements of Atlantic Tool Leasing UK Limited are available from Companies House, Crown Way, Cardiff, CF14 3UZ.

Mr E S Fort holds ultimate control over Atlantic Tool Leasing UK Limited.