REGISTERED NUMBER: 08236483 (England and Wales)

Unaudited Financial Statements

for the Period 1st November 2024 to 30th April 2026

for

EW Production Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Miss E C Pendennis

P Smith

P M Byrne

M A Byrne

REGISTERED OFFICE:

Unit G30, Atlas Business Park

Harbour Road

Rye Harbour

Rye

East Sussex

TN31 7TE

REGISTERED NUMBER:

08236483 (England and Wales)

ACCOUNTANTS:

N.C.N.M. Accountancy Limited

Chartered Accountants

The Lodge

93 Normanston Drive

Oulton Broad

Lowestoft

Suffolk

NR32 2PX

FIXED ASSETS

Tangible assets

4

292,156

96,423

Investments

5

-

100

292,156

96,523

CURRENT ASSETS

Stocks

205,863

72,300

Debtors

6

4,391,768

3,288,246

Cash at bank and in hand

21,530

116,524

4,619,161

3,477,070

CREDITORS

Amounts falling due within one year

7

2,821,909

2,537,786

NET CURRENT ASSETS

1,797,252

939,284

TOTAL ASSETS LESS CURRENT LIABILITIES

2,089,408

1,035,807

CREDITORS

Amounts falling due after more than one year

8

-

(41,667

)

PROVISIONS FOR LIABILITIES

10

(27,713

)

(14,111

)

NET ASSETS

2,061,695

980,029

CAPITAL AND RESERVES

Called up share capital

11

98

100

Revaluation reserve

12

153,868

28,097

Capital redemption reserve

12

2

-

Retained earnings

12

1,907,727

951,832

SHAREHOLDERS' FUNDS

2,061,695

980,029

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30th April 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 30th April 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 21st September 2026 and were signed on its behalf by:

Miss E C Pendennis - Director

1.	STATUTORY INFORMATION

EW Production Services 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.

The presentation currency of the financial statements is the Pound Sterling (£).

The company's year end has been changed to be in line with group company reporting.

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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements

The financial statements contain information about EW Production Services Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

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

Revenue is recognised when goods and services have been delivered to customers such that the risks and rewards of ownership have been transferred to them - including when the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity, and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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

Motor vehicles

-

20% on reducing balance

Computer equipment

-

33% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.

All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Taxation

Taxation for the period 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 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 period 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

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

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.

Provision for liabilities

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 28 (2024 - 18 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST OR VALUATION

At 1st November 2024

333,637

35,319

22,452

391,408

Additions

73,742

1,182

7,772

82,696

Disposals

(128,436

)

-

-

(128,436

)

At 30th April 2026

278,943

36,501

30,224

345,668

DEPRECIATION

At 1st November 2024

247,382

27,913

19,690

294,985

Charge for period

34,922

1,718

4,191

40,831

Eliminated on disposal

(128,436

)

-

-

(128,436

)

Revaluation adjustments

(153,868

)

-

-

(153,868

)

At 30th April 2026

-

29,631

23,881

53,512

NET BOOK VALUE

At 30th April 2026

278,943

6,870

6,343

292,156

At 31st October 2024

86,255

7,406

2,762

96,423

Plant and machinery has been revalued to reflect a more up-to-date economic value of tools and equipment used by the company. The net revaluation adjustment has been credited to the Revaluation Reserve.

Cost or valuation at 30th April 2026 is represented by:

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

Valuation in 2026

278,943

36,501

30,224

345,668

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1st November 2024

100

Disposals

(100

)

At 30th April 2026

-

NET BOOK VALUE

At 30th April 2026

-

At 31st October 2024

100

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2024

£

£

Trade debtors

2,914,108

1,541,321

Other debtors

1,477,660

1,746,925

4,391,768

3,288,246

Within Other Debtors is £527,881 (2024: £1,149,148) of expenses incurred prior to the year end relating to projects to be started after the year end, together with Accrued Income of £668,721 (2024: £nil) relating to invoices raised after the year end for works carried out prior to the year end.

Included within Other Debtors is a loan of £nil (2024: £445,588) to EWP Europe Limited, a fellow group undertaking. The unsecured loan is provided interest free, to be repaid as funds allow.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2024

£

£

Bank loans and overdrafts

93,799

50,000

Trade creditors

1,042,011

883,643

Amounts owed to group undertakings

122,500

-

Taxation and social security

600,048

224,562

Other creditors

963,551

1,379,581

2,821,909

2,537,786

Within Other Creditors is £nil (2024: £1,312,371) of deferred income for sales invoices raised before the year end which relate to projects to be started after the end of the year, together with £754,600 (2024: £nil) of Trade Pay finance. Trade Pay finance is a short term project financing arrangement to match supplier invoice payments with related customer receipts.

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2024

£

£

Bank loans

-

41,667

9.	SECURED DEBTS

The company has issued a fixed and floating charge together with a general pledge to secure the overdraft facility and Trade Pay finance arrangement (see Other Creditors note).

10.	PROVISIONS FOR LIABILITIES

2026

2024

£

£

Deferred tax

27,713

14,111

Deferred

tax

£

Balance at 1st November 2024

14,111

Provided during period

13,602

Balance at 30th April 2026

27,713

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2024

value:

£

£

98

Ordinary

£1

98

100

On 13th May 2025, the company bought back 2 shares for £15,000.

On 3rd November 2025, the company completed a share-for-share exchange for the 98 issued shares of £1 each in EWP Holdings Limited.

12.

RESERVES

Capital

Retained

Revaluation

redemption

earnings

reserve

reserve

Totals

£

£

£

£

At 1st November 2024

951,832

28,097

-

979,929

Profit for the period

1,065,300

1,065,300

Dividends

(137,500

)

(137,500

)

Purchase of own shares

(2

)

-

2

-

Transfer

28,097

(28,097

)

-

-

Revaluation in the period

-

153,868

-

153,868

At 30th April 2026

1,907,727

153,868

2

2,061,597

13.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is EWP Holdings Limited.