REGISTERED NUMBER: OC344026 (England and Wales)

REPORT OF THE MEMBERS AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

MET CAPITAL MANAGEMENT LLP

Page

General Information

1

Report of the Members

2

Report of the Independent Auditors

4

Income Statement

7

Other Comprehensive Income

9

Balance Sheet

10

Reconciliation of Members' Interests

11

Cash Flow Statement

13

Notes to the Cash Flow Statement

14

Notes to the Financial Statements

15

DESIGNATED MEMBERS:

D B Kessler

M P Jacobs

REGISTERED OFFICE:

Station House

Station Approach

East Horsley

Leatherhead

KT24 6QX

REGISTERED NUMBER:

OC344026 (England and Wales)

AUDITORS:

RJP LLP

Chartered Certified Accountants &

Statutory Auditors

Ground Floor

Egerton House

68 Baker Street

Weybridge

Surrey

KT13 8AL

The members present their report with the financial statements of the LLP for the year ended 31 March 2026.

PRINCIPAL ACTIVITY

The principal activity of the LLP in the year under review was that of brokers trading in fixed income commodities. The LLP is authorised and regulated by the Financial Conduct Authority ("FCA").

REVIEW OF BUSINESS

Management use a range of performance measures to monitor and manage the business. Summarised below is an extract from the audited financial statements:

2026

2025

£

£

Turnover

685,620

149,580

Profit for the year

21,364

15,485

Given the straightforward nature of the business, the members are of the opinion that analysis using non-financial KPIs is not necessary for the understanding of the development, performance or position of the LLP.

DESIGNATED MEMBERS

The designated members during the year under review were:

D B Kessler

M P Jacobs

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The profit for the year before members' remuneration and profit shares was £21,364 (2025 - £15,485 profit).

MEMBERS' INTERESTS

Each member's share of the profit is determined by their subscription to the capital of the LLP and is repayable following retirement from the LLP.

Details of changes in member's capital in the year ended 31 March 2026 are set out in the Reconciliation of Members' Interests.

Members are remunerated from the profits of the LLP and are required to make their own provision for pensions and other benefits. Profits are allocated and divided between members after finalisation of the financial statements.

MIFIDPRU 8

The LLP is required by its regulator, the FCA, to make its disclosure risk policy available in accordance with MiFIDPRU 8 of the capital requirement directive. This disclosure is publicly available on the LLP's website.

SECTION 172(1) STATEMENT

Statement by the members in performance of their statutory duties in accordance with s172(1) Companies Act 2006.

The members of Met Capital Management LLP consider, both individually and together, that they have acted in the way they consider, in good faith, would be most likely to promote the success of the LLP for the benefit of the members as a whole (having regard to the stakeholders and matters set out in s172 (1)(a-f) of the Act) in the decisions taken during the year ended 31 March 2026. In particular, by performance of the following:

-

Our business aims are designed to have a long-term beneficial impact on the LLP and to contribute to its success.

-

Our business requires strong relationships with suppliers and others and we continually strive to maintain and improve these relationships.

-

The impact of the LLP's operations on the community and environment are considered by the members and reviewed regularly.

-

As the members, our intention is to behave responsibly and ensure that management operate the business in a responsible manner, operating within the high standards of business conduct and good governance.

STATEMENT OF MEMBERS' RESPONSIBILITIES

The members are responsible for preparing the Report of the Members and the financial statements in accordance with applicable law and regulations.

Legislation applicable to limited liability partnerships requires the members to prepare financial statements for each financial year. Under that law the members have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under legislation applicable to limited liability partnerships the members 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 LLP and of the profit or loss of the LLP for that period. In preparing these financial statements, the members 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 LLP will continue in business.

The members are responsible for keeping adequate accounting records that are sufficient to show and explain the LLP's transactions and disclose with reasonable accuracy at any time the financial position of the LLP and enable them to ensure that the financial statements comply with the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008. They are also responsible for safeguarding the assets of the LLP 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 members are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the LLP's auditors are unaware, and each member has taken all the steps that he ought to have taken as a member in order to make himself aware of any relevant audit information and to establish that the LLP's auditors are aware of that information.

AUDITORS

The auditors, RJP LLP, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE MEMBERS:

M P Jacobs - Designated member

27 July 2026

Opinion

We have audited the financial statements of MET Capital Management LLP (the 'LLP') for the year ended 31 March 2026 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Reconciliation of Members' Interests, 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 LLP's affairs as at 31 March 2026 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

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 LLP 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 members' 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 LLP'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 members with respect to going concern are described in the relevant sections of this report.

Other information

The members are responsible for the other information. The other information comprises the information in the Report of the Members, 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.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters where the Companies Act 2006 as applied to LLPs 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

-	we have not received all the information and explanations we require for our audit.

Responsibilities of members

As explained more fully in the Statement of Members' Responsibilities set out on page three, the members 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 members 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 members are responsible for assessing the LLP'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 members either intend to liquidate the LLP 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.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below.

Based on our understanding and accumulated knowledge of the LLP and the sector in which it operates we considered the risk of acts by the LLP which were contrary to applicable laws and regulations, including fraud and whether such actions or non-compliance might have a material effect on the financial statements. These included but were not limited to those that relate to the form and content of the financial statements, such as the LLP accounting policies, UK accounting standards, the UK Companies Act 2006 and industry related regulations impacting operations including the FCA regulations. All team members were briefed to ensure they were aware of any relevant regulations in relation to their work.

We evaluated management's incentives and opportunities for fraudulent manipulation of the financial statements, including the risk of override of controls, and determined that the principal risks were related to posting inappropriate journal entries, management bias in accounting estimates and improper revenue recognition associated with year-end cut-off. Our audit procedures included, but were not limited to:

-

Agreement of the financial statements to underlying supporting documentation;

-

Revenue year-end cut-off procedures;

-

Identifying and testing journal entries;

-

Discussions with management, including consideration of known or suspected instances of non-compliance with laws and regulations and fraud; and

-

Obtaining an understanding of the control environment in monitoring compliance with laws and regulations.

Our audit procedures were designed to respond to risks of material misstatement in the financial statements, recognising that the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery, misrepresentations or through collusion.

There are inherent limitations in the audit procedures performed and the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we are to become aware of it.

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 LLP's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008. Our audit work has been undertaken so that we might state to the LLP'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 LLP and the LLP's members as a body, for our audit work, for this report, or for the opinions we have formed.

Simon Paterson (Senior Statutory Auditor)

for and on behalf of RJP LLP

Chartered Certified Accountants &

Statutory Auditors

Ground Floor

Egerton House

68 Baker Street

Weybridge

Surrey

KT13 8AL

27 July 2026

TURNOVER

3

132,796

552,824

685,620

Administrative expenses

(664,256

)

-

(664,256

)

OPERATING (LOSS)/PROFIT

5

(531,460

)

552,824

21,364

(LOSS)/PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS

(531,460

)

552,824

21,364

TURNOVER

3

-

149,580

149,580

Administrative expenses

(362,477

)

-

(362,477

)

(362,477

)

149,580

(212,897

)

Other operating income

228,382

-

228,382

OPERATING (LOSS)/PROFIT

5

(134,095

)

149,580

15,485

(LOSS)/PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS

(134,095

)

149,580

15,485

PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS

21,364

15,485

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

21,364

15,485

CURRENT ASSETS

Debtors

7

48,067

151,210

Cash at bank

901,579

304,222

949,646

455,432

CREDITORS

Amounts falling due within one year

8

89,600

83,228

NET CURRENT ASSETS

860,046

372,204

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

860,046

372,204

LOANS AND OTHER DEBTS DUE TO MEMBERS

10

160,953

141,204

MEMBERS' OTHER INTERESTS

Capital accounts

699,093

231,000

860,046

372,204

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

10

160,953

141,204

Members' other interests

699,093

231,000

860,046

372,204

The financial statements were approved by the members of the LLP and authorised for issue on 27 July 2026 and were signed by:

M P Jacobs - Designated member

EQUITY

Members' other interests

Members'

capital

(classified

as

Other

equity)

reserves

Total

£

£

£

Balance at 1 April 2025

231,000

-

231,000

Profit for the financial year available for discretionary division among members

-

21,364

21,364

Members' interests after profit for the year

231,000

21,364

252,364

Other divisions of profit

-

(21,364

)

(21,364

)

Introduced by members

468,093

-

468,093

Drawings on account and distributions of profit

-

-

-

Balance at 31 March 2026

699,093

-

699,093

DEBT

TOTAL

Loans and other debts due to

MEMBERS'

members less any amounts due

INTERESTS

from members in debtors

Other

amounts

Total

£

£

Amount due to members

141,204

Amount due from members

-

Balance at 1 April 2025

141,204

372,204

Profit for the financial year available for discretionary division among members

-

21,364

Members' interests after profit for the year

141,204

393,568

Other divisions of profit

21,364

-

Introduced by members

-

468,093

Drawings on account and distributions of profit

(1,615

)

(1,615

)

Amount due to members

160,953

Amount due from members

-

Balance at 31 March 2026

160,953

860,046

EQUITY

Members' other interests

Members'

capital

(classified

as

Other

equity)

reserves

Total

£

£

£

Balance at 1 April 2024

150,000

-

150,000

Profit for the financial year available for discretionary division among members

-

15,485

15,485

Members' interests after profit for the year

150,000

15,485

165,485

Other divisions of profit

-

(15,485

)

(15,485

)

Introduced by members

81,000

-

81,000

Balance at 31 March 2025

231,000

-

231,000

DEBT

TOTAL

Loans and other debts due to

MEMBERS'

members less any amounts due

INTERESTS

from members in debtors

Other

amounts

Total

£

£

Amount due to members

125,719

Amount due from members

-

Balance at 1 April 2024

125,719

275,719

Profit for the financial year available for discretionary division among members

-

15,485

Members' interests after profit for the year

125,719

291,204

Other divisions of profit

15,485

-

Introduced by members

-

81,000

Amount due to members

141,204

Amount due from members

-

Balance at 31 March 2025

141,204

372,204

Cash flows from operating activities

Cash generated from operations

2

130,879

(337,304

)

Net cash from operating activities

130,879

(337,304

)

Cash flows from financing activities

Transactions with members and former

members

Payments to members

(1,615

)

-

Contributions by members

468,093

81,000

Net cash from financing activities

466,478

81,000

Increase/(decrease) in cash and cash equivalents

597,357

(256,304

)

Cash and cash equivalents at beginning of year

3

304,222

560,526

Cash and cash equivalents at end of year

3

901,579

304,222

1.	CLASSIFICATION OF SHARE OF PROFITS IN THE CASH FLOW STATEMENT

The LLP classifies distributions of profits as operating cash flows in the statement of cash flows.

2.	RECONCILIATION OF PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS TO CASH GENERATED FROM OPERATIONS

31.3.26

31.3.25

£

£

Profit for the financial year before members' remuneration and profit shares available for discretionary division among members

21,364

15,485

Decrease/(increase) in trade and other debtors

103,143

(150,378

)

Increase/(decrease) in trade and other creditors

6,372

(202,411

)

Cash generated from operations

130,879

(337,304

)

3.	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 March 2026

31.3.26

1.4.25

£

£

Cash and cash equivalents

901,579

304,222

Year ended 31 March 2025

31.3.25

1.4.24

£

£

Cash and cash equivalents

304,222

560,526

4.	ANALYSIS OF CHANGES IN NET FUNDS

Other

non-cash

At 1.4.25

Cash flow

changes

At 31.3.26

£

£

£

£

Net cash

Cash at bank

304,222

597,357

901,579

304,222

597,357

901,579

Net funds (before

members' debt)

304,222

597,357

-

901,579

Loans and other debts

due to members

Other amounts

due to members

(141,204

)

1,615

(21,364

)

(160,953

)

Net funds

163,018

598,972

(21,364

)

740,626

1.	STATUTORY INFORMATION

MET Capital Management LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice "Accounting by Limited Liability Partnerships".

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the LLP's accounting policies.

Turnover

Turnover comprises brokerage income derived from dealing in fixed income, equity markets and other financial instruments, on behalf of a related company.

Revenue is recognised on settlement dates and earned on an accruals basis.

Financial instruments

Financial assets and liabilities are recognised when the LLP becomes party to the contractual provisions of the financial instrument. The LLP holds financial instruments which comprise cash at bank and in hand, trade and other debtors, trade and other creditors, accruals and amounts due to members. The LLP has chosen to apply the provisions of Section 11 Basic Financial Instruments.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, 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.

Discounting is omitted where the effect of discounting is immaterial. The LLP's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

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 LLP after the deduction of its liabilities..

Basic financial liabilities, which include trade and other payables, accruals and amounts due to members are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Foreign currencies

Functional and presentation currency

The LLP's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Income Statement within administrative expenditure.

Pension costs and other post-retirement benefits

The LLP operates a defined contribution pension plan for its employees. A defined contribution plan is a pension plan under which the LLP pays fixed contributions into a separate entity. Once the contributions have been paid the LLP has no further payment obligations.

The contributions are recognised as an expense in the Income Statement when they fall due. Amounts not paid are shown in other creditors as a liability in the Balance Sheet. The assets of the plan are held separately from the LLP in independently administered funds.

Taxation

As a limited liability partnership, Met Capital Management LLP is not liable for United Kingdom taxation, its profits being liable to income tax in the hands of the members. Therefore, no provision for taxation is made in the financial statements.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Cash and cash equivalents include balances held with the LLP clearers, including net open positions on a mark-to-market basis.

Going concern

These financial statements have been prepared on a going concern basis.

The current economic conditions present increased risks for all businesses. The members have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment.

In response to such conditions, the members have carefully considered these risks including an assessment of uncertainty on future trading projections for a period of at least 12 months from the date of signing the financial statements, and the extent to which they might affect the preparation of the financial statements on a going concern basis.

Based on this assessment, the members consider that the LLP maintains an appropriate level of liquidity, sufficient to meet the demands of the business including any capital and servicing obligations and external debt liabilities.

In addition, the LLP's assets are assessed for recoverability on a regular basis, and the members consider that the LLP is not exposed to losses on these assets which would affect their decision to adopt the going concern basis.

The members have a reasonable expectation that the LLP has adequate resources to continue in operational existence for the foreseeable future and that there are no material uncertainties that lead to significant doubts upon the LLP's ability to continue as a going concern. Thus the members have continued to adopt the going concern basis of accounting in preparing these financial statements.

3.

TURNOVER

The turnover and profit for the financial year before members' remuneration and profit shares are attributable to the one principal activity of the LLP.

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

31.3.26

31.3.25

£

£

Brokerage fees

552,824

149,580

Income from trades

132,796

-

685,620

149,580

An analysis of turnover by geographical market is given below:

31.3.26

31.3.25

£

£

United Kingdom

685,620

149,580

685,620

149,580

4.	EMPLOYEE INFORMATION

31.3.26

31.3.25

£

£

Wages and salaries

281,913

107,417

Social security costs

28,784

12,732

Other pension costs

5,277

2,196

315,974

122,345

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

31.3.26

31.3.25

Employees

4

2

5.	OPERATING PROFIT

The operating profit is stated after charging:

31.3.26

31.3.25

£

£

Foreign exchange differences

4,316

2,239

Fees payable to the LLP's auditor for the audit of the LLP's financial statements

13,200

12,500

Fees payable to the LLP's auditor in respect of all non-audit services not included above

-

3,500

6.	INFORMATION IN RELATION TO MEMBERS

31.3.26

31.3.25

The average number of members during the year was

3

3

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Other debtors

20,000

143,792

Prepayments and accrued income

28,067

7,418

48,067

151,210

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade creditors

1,780

3,645

Social security and other taxes

9,625

8,873

Other creditors

51,694

40,985

Accrued expenses

26,501

29,725

89,600

83,228