REGISTERED NUMBER: 16198307 (England and Wales)

AUDITED FINANCIAL STATEMENTS FOR THE PERIOD 21 JANUARY 2025 TO 31 MARCH 2026

FOR

MAELOR TOPCO LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

P A Beavan

SECRETARY:

S L Haycock

REGISTERED OFFICE:

The Mill

Morton

Nr Oswestry

Shropshire

SY10 8BH

REGISTERED NUMBER:

16198307 (England and Wales)

AUDITORS:

D.R.E. & Co. (Audit) Limited

7 Lower Brook Street

Oswestry

Shropshire

SY11 2HG

FIXED ASSETS

Investments

5

1,227,000

CURRENT ASSETS

Debtors

6

100

CREDITORS

Amounts falling due within one year

7

1,227,000

NET CURRENT LIABILITIES

(1,226,900

)

TOTAL ASSETS LESS CURRENT LIABILITIES

100

CAPITAL AND RESERVES

Called up share capital

100

100

100

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 13 October 2026 and were signed by:

P A Beavan - Director

1.	STATUTORY INFORMATION

Maelor Topco 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.	STATEMENT OF COMPLIANCE

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. These financial statements have been prepared in accordance with the 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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

The accounts are for the individual entity only.

The financial statements are presented in (£) sterling, rounded to the nearest £1.

Going concern

The financial statements have been prepared under the going concern basis on the expectation that the company shall continue to operate for the foreseeable future and due to the continued support of the directors and those involved.

At the balance sheet date the company had net liabilities of £1,226,900. As shown in note 6 of the full financial statements £1,227,000 relates to balances owed to group undertakings. The support of group companies expect this to continue for the foreseeable future and therefore believe the going concern basis of preparation remains appropriate.

Preparation of consolidated financial statements

The financial statements contain information about Maelor Topco Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertaking are included by full consolidation in the consolidated financial statements of its parent, , .

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Financial instruments

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs, and then subsequently measured at amortised cost. Financial assets classified as receivable within one year are not amortised. Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the assets has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Basic financial liabilities, including creditors and loans, 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 receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. 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. Financial liabilities are derecognised when the company's contractual obligations expire or are discharged or cancelled.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 21 January 2025

and 31 March 2026

1,227,000

NET BOOK VALUE

At 31 March 2026

1,227,000

At 20 January 2025

1,227,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

100

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other creditors

1,227,000

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Aled Davies FCCA (Senior Statutory Auditor)

for and on behalf of D.R.E. & Co. (Audit) Limited

9.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under term of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with 100% owned subsidiaries within the group.

During the period, a related party made a loan of £1,227,000 to the company. At the balance sheet date, £1,227,000 was owed to related parties.

The ultimate parent company is LAF Holdings Limited. LAF Holdings Limited is the parent of the largest and smallest group for which consolidated financial statements are prepared which include Maelor Topco Ltd. The registered office of the immediate and ultimate parent company is the same as that of Maelor Topco Ltd. Group accounts are freely available from Companies House.

10.	ULTIMATE CONTROLLING PARTY

The parent company is LAF Holdings Limited, registered in England and Wales. The registered office is at The Mill, Morton, Oswestry, Shropshire, SY10 8BH.