ACCOUNTS - Final Accounts preparation

Operating profit

The operating profit is stated after charging:

Registered number: 13062750

COOMERS GROUP HOLDINGS LIMITED

ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

COOMERS GROUP HOLDINGS LIMITED

COMPANY INFORMATION

Directors	G B Coomer
	V A Coomer (appointed 12 November 2025)


Registered number	13062750


Registered office	3-5 Woolmer Way
	Bordon
	Hampshire
	GU35 9QE


Independent auditors	Shaw Gibbs (Audit) Limited
	Statutory Auditors
	Wey Court West
	Union Road
	Farnham
	Surrey
	GU9 7PT

COOMERS GROUP HOLDINGS LIMITED

CONTENTS

	Page
Group Strategic Report	1
Directors' Report	2 - 3
Independent Auditors' Report	4 - 7
Consolidated Statement of Comprehensive Income	8
Consolidated Statement of Financial Position	9 - 10
Company Statement of Financial Position	11
Consolidated Statement of Changes in Equity	12 - 13
Company Statement of Changes in Equity	14 - 15
Consolidated Statement of Cash Flows	16
Consolidated Analysis of Net Debt	17
Notes to the Financial Statements	18 - 37

COOMERS GROUP HOLDINGS LIMITED

GROUP STRATEGIC REPORT

FOR THE YEAR ENDED 31 JANUARY 2026

The year ended 31st January 2026 was another challenging year, as difficult market conditions persist in the construction sector, and in the wider economy.

Though turnover was up on the prior year, by 3.7%, the gross profit margin was down by 1%, resulting in an overall reduction in gross profit of 0.7%. This reduction in both margins and gross profit is a reflection of the competitive nature of the market. Online operators and bricks-and-mortar merchants alike, are all battling for a share of a slightly smaller market, which often then leads to a straight price-fight.

The challenge is exacerbated as the fixed costs for the business continue to rise. Transport and haulage; employment costs (National Insurance and National Living Wage); Business Rates; and energy costs have also risen significantly, putting upward pressure on operating costs.

Whilst recognising and trying to mitigate these costs, the business has nonetheless maintained a strong focus on getting the basics right. Staffing, transport and stock levels have been maintained and strengthened, and the premises continue to benefit from ongoing investment and improvements.

It is hard to predict when there will be a significant upturn in the housing and construction sector, but when that time inevitably comes, the business is well placed to benefit from increased market demand and volumes.

In the meantime, key supplier relationships continue to be developed, and the business gains enormously from its membership of the National Buying Group - not just through volume buying but also being able to benchmark performance and share best practice with other independent builders' merchants.

Coomers Group Holdings turnover remained level, year on year. The net assets at the end of January 2026 increased.

This report was approved by the board and signed on its behalf.

G B Coomer

Director

Date: 23 October 2026

Page 1

COOMERS GROUP HOLDINGS LIMITED

DIRECTORS' REPORT

FOR THE YEAR ENDED 31 JANUARY 2026

The directors present their report and the financial statements for the year ended 31 January 2026.

Directors' responsibilities statement

The directors are responsible for preparing the Group Strategic Report, the Directors' Report and the consolidated financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors 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 Company and the Group and of the profit or loss of the Group for that period.

In preparing these financial statements, the directors are required to:

∙select suitable accounting policies for the Group's financial statements and then apply them consistently;

∙make judgments 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 Group will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and the Group and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and the Group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Results and dividends

The profit for the year, after taxation and minority interests, amounted to £753,022 (2025 - £939,980).

The group paid £325,000 (2025: £225,000) of dividends to its shareholders.

Directors

The directors who served during the year were:

G B Coomer

V A Coomer (appointed 12 November 2025)

Matters covered in the Group Strategic Report

The principal risks and uncertainties and future developments are covered in the Strategic report.

Page 2

COOMERS GROUP HOLDINGS LIMITED

DIRECTORS' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 JANUARY 2026

Disclosure of information to auditors

Each of the persons who are directors at the time when this Directors' Report is approved has confirmed that:

∙so far as the director is aware, there is no relevant audit information of which the Company and the Group's auditors are unaware, and

∙the director has taken all the steps that ought to have been taken as a director in order to be aware of any relevant audit information and to establish that the Company and the Group's auditors are aware of that information.

Post balance sheet events

There have been no significant events affecting the Group since the year end.

This report was approved by the board and signed on its behalf.

G B Coomer

Director

Date: 23 October 2026

Page 3

COOMERS GROUP HOLDINGS LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF COOMERS GROUP HOLDINGS LIMITED

Opinion

We have audited the financial statements of Coomers Group Holdings Limited (the 'parent Company') and its subsidiaries (the 'Group') for the year ended 31 January 2026, which comprise the Group Statement of Comprehensive Income, the Group and Company Statements of Financial Position, the Group Statement of Cash Flows, the Group and Company Statement of Changes in Equity and the related notes, 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 Group's and of the parent Company's affairs as at 31 January 2026 and of the Group's 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.

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 Group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council'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 directors' 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 Group's or the parent Company'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 directors with respect to going concern are described in the relevant sections of this report.

Page 4

COOMERS GROUP HOLDINGS LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF COOMERS GROUP HOLDINGS LIMITED (CONTINUED)

Other information

The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' Report thereon. The directors are responsible for the other information contained within the Annual Report. 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. 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 course of 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.

Opinion on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

∙the information given in the Group Strategic Report and the Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

∙the Group Strategic Report and the Directors' Report have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the Group and the parent Company and its environment obtained in the course of the audit, we have not identified material misstatements in the Group Strategic Report or the Directors' Report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

∙adequate accounting records have not been kept by the parent Company, or returns adequate for our audit have not been received from branches not visited by us; or

∙the parent Company financial statements are not in agreement with the accounting records and returns; or

∙certain disclosures of directors' remuneration specified by law are not made; or

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

Page 5

COOMERS GROUP HOLDINGS LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF COOMERS GROUP HOLDINGS LIMITED (CONTINUED)

Responsibilities of directors

As explained more fully in the Directors' Responsibilities Statement set out on page 2, the directors 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 directors determine is 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 directors are responsible for assessing the Group's and the parent Company'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 directors either intend to liquidate the Group or the parent Company 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 an Auditors' Report 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 Group 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:

We gained an understanding of the legal and regulatory framework applicable to the Group and the industry in which it operates, and considered the risk of acts by the Group that were contrary to applicable laws and regulations, including fraud. We designed audit procedures to respond to the risk, 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 or intentional misrepresentations, or through collusion.

We focused on laws and regulations which could give rise to a material misstatement in the financial statements, including, but not limited to, the Companies Act 2006 and UK tax legislation. Our tests included agreeing the financial statement disclosures to underlying supporting documentation and enquiries with management.

There are inherent limitations in the audit procedures described above 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 would become aware of it.

As in all our audits, we also addressed the risk of management override of internal controls. This involved testing journals and evaluating whether there was evidence of bias by the directors, including bias within significant accounting estimates, that represented a risk of material misstatement due to fraud.

We did not identify any key audit matters relating to irregularities, including fraud.

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 Auditors' Report.

Page 6

COOMERS GROUP HOLDINGS LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF COOMERS GROUP HOLDINGS LIMITED (CONTINUED)

Use of our report

This report is made solely to the Company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the Company's members those matters we are required to state to them in an Auditors' Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's members, as a body, for our audit work, for this report, or for the opinions we have formed.

Keely Harvey FCA (Senior Statutory Auditor)

for and on behalf of

Shaw Gibbs (Audit) Limited

Statutory Auditors

Wey Court West

Union Road

Farnham

Surrey

GU9 7PT

26 October 2026

Page 7

COOMERS GROUP HOLDINGS LIMITED

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME

FOR THE YEAR ENDED 31 JANUARY 2026

	2026	2025
Note	£	£


Turnover	4	15,460,730	14,910,648
Cost of sales		(11,828,014)	(11,251,215)
Gross profit		3,632,716	3,659,433
Administrative expenses		(2,041,448)	(1,861,032)
Other operating income	5	3,402	7,798
Fair value movements		96,506	373,345
Operating profit	7	1,691,176	2,179,544
Interest receivable and similar income	11	78,176	80,166
Interest payable and similar expenses	12	(267,420)	(319,173)
Profit before taxation		1,501,932	1,940,537
Tax on profit	13	(425,292)	(504,813)
Profit for the financial year		1,076,640	1,435,724


Unrealised surplus/(loss) on revaluation of tangible fixed assets	16,413	12,500
Other comprehensive income for the year	16,413	12,500
Total comprehensive income for the year	1,093,053	1,448,224

Profit for the year attributable to:
Non-controlling interests	323,618	495,744
Controlling interests	753,022	939,980
	1,076,640	1,435,724

Total comprehensive income for the year attributable to:
Non-controlling interest	329,093	499,913
Controlling interests	763,960	948,311
	1,093,053	1,448,224

The notes on pages 18 to 37 form part of these financial statements.

Page 8

COOMERS GROUP HOLDINGS LIMITED

REGISTERED NUMBER: 13062750

CONSOLIDATED STATEMENT OF FINANCIAL POSITION

AS AT 31 JANUARY 2026

		2026		2025
Note		£		£

Fixed assets
Intangible assets	15		464,789		543,445
Tangible assets	16		10,429,215		9,774,573
Investments	17		1,300		1,300
			10,895,304		10,319,318
Current assets
Stocks	18	1,624,096		1,662,447
Debtors: amounts falling due within one year	19	1,865,852		1,683,948
Cash at bank and in hand	20	983,947		1,427,322
		4,473,895		4,773,717
Creditors: amounts falling due within one year	21	(1,624,202)		(1,744,767)
Net current assets			2,849,693		3,028,950
Total assets less current liabilities			13,744,997		13,348,268
Creditors: amounts falling due after more than one year	22		(6,566,804)		(7,084,726)
Provisions for liabilities
Deferred Taxation		(439,486)		(292,888)
			(439,486)		(292,888)
Net assets			6,738,707		5,970,654

Capital and reserves
Called up share capital	25	100	100
Revaluation reserve	26	77,423	66,485
Fair value movement reserve	26	299,845	299,845
Profit and loss account	26	3,802,634	3,374,612
Equity attributable to owners of the Parent Company		4,180,002	3,741,042
Non-controlling interests		2,558,705	2,229,612
		6,738,707	5,970,654

Page 9

COOMERS GROUP HOLDINGS LIMITED

REGISTERED NUMBER: 13062750

CONSOLIDATED STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 JANUARY 2026

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

G B Coomer

Director

Date: 23 October 2026

The notes on pages 18 to 37 form part of these financial statements.

Page 10

COOMERS GROUP HOLDINGS LIMITED

REGISTERED NUMBER: 13062750

COMPANY STATEMENT OF FINANCIAL POSITION

AS AT 31 JANUARY 2026

		2026		2025
Note		£		£

Fixed assets
Investments	17		4,543,289		4,543,289
			4,543,289		4,543,289
Current assets
Debtors: amounts falling due after more than one year	19	3,275,868		3,275,598
Cash at bank and in hand	20	7,113		7,113
		3,282,981		3,282,711
Creditors: amounts falling due within one year	21	(5,292,559)		(5,477,376)
Net current liabilities			(2,009,578)		(2,194,665)
Total assets less current liabilities			2,533,711		2,348,624


Net assets			2,533,711		2,348,624

Capital and reserves
Called up share capital	25	100	100
Fair value movement reserve	26	(150,155)	(150,155)
Profit and loss account	26	2,683,766	2,498,679
		2,533,711	2,348,624

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

G B Coomer

Director

Date: 23 October 2026

The notes on pages 18 to 37 form part of these financial statements.

Page 11


		COOMERS GROUP HOLDINGS LIMITED

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 JANUARY 2026

	Called up share capital	Freehold revaluation reserve	Fair value movement reserve	Profit and loss account	Equity attributable to Controlling interests	Non-controlling interests	Total equity
	£	£	£	£	£	£	£
At 1 February 2025	100	66,485	299,845	3,374,612	3,741,042	2,229,612	5,970,654
Comprehensive income for the year
Profit for the year	-	-	-	753,022	753,022	323,618	1,076,640
Surplus on revaluation of freehold property	-	10,938	-	-	10,938	5,475	16,413
Other comprehensive income for the year	-	10,938	-	-	10,938	5,475	16,413
Total comprehensive income for the year	-	10,938	-	753,022	763,960	329,093	1,093,053
Contributions by and distributions to owners
Dividends: Equity capital	-	-	-	(325,000)	(325,000)	-	(325,000)
Total transactions with owners	-	-	-	(325,000)	(325,000)	-	(325,000)
At 31 January 2026	100	77,423	299,845	3,802,634	4,180,002	2,558,705	6,738,707

The notes on pages 18 to 37 form part of these financial statements.

Page 12


		COOMERS GROUP HOLDINGS LIMITED

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 JANUARY 2025

	Called up share capital	Freehold revaluation reserve	Fair value movement reserve	Profit and loss account	Equity attributable to Controlling interests	Non-controlling interests	Total equity
	£	£	£	£	£	£	£
At 1 February 2024	100	58,154	-	2,959,477	3,017,731	2,079,699	5,097,430
Comprehensive income for the year
Profit for the year	-	-	-	939,980	939,980	495,744	1,435,724
Surplus on revaluation of freehold property	-	8,331	-	-	8,331	4,169	12,500
Other comprehensive income for the year	-	8,331	-	-	8,331	4,169	12,500
Total comprehensive income for the year	-	8,331	-	939,980	948,311	499,913	1,448,224
Contributions by and distributions to owners
Dividends: Equity capital	-	-	-	(225,000)	(225,000)	(350,000)	(575,000)
Transfer between reserves	-	-	299,845	(299,845)	-	-	-
Total transactions with owners	-	-	299,845	(524,845)	(225,000)	(350,000)	(575,000)
At 31 January 2025	100	66,485	299,845	3,374,612	3,741,042	2,229,612	5,970,654

The notes on pages 18 to 37 form part of these financial statements.

Page 13

COOMERS GROUP HOLDINGS LIMITED

COMPANY STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 JANUARY 2026

	Called up share capital	Fair value movement reserve	Profit and loss account	Total equity
	£	£	£	£
At 1 February 2025	100	(150,155)	2,498,679	2,348,624
Comprehensive income for the year
Profit for the year	-	-	510,087	510,087
Total comprehensive income for the year	-	-	510,087	510,087
Contributions by and distributions to owners
Dividends: Equity capital	-	-	(325,000)	(325,000)
Total transactions with owners	-	-	(325,000)	(325,000)
At 31 January 2026	100	(150,155)	2,683,766	2,533,711

The notes on pages 18 to 37 form part of these financial statements.

Page 14

COOMERS GROUP HOLDINGS LIMITED

COMPANY STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 JANUARY 2025

	Called up share capital	Fair value movement reserve	Profit and loss account	Total equity
	£	£	£	£
At 1 February 2024	100	-	1,934,186	1,934,286
Comprehensive income for the year
Profit for the year	-	-	639,338	639,338
Total comprehensive income for the year	-	-	639,338	639,338
Contributions by and distributions to owners
Dividends: Equity capital	-	-	(225,000)	(225,000)
Transfer between reserves	-	(150,155)	150,155	-
Total transactions with owners	-	(150,155)	(74,845)	(225,000)
At 31 January 2025	100	(150,155)	2,498,679	2,348,624

The notes on pages 18 to 37 form part of these financial statements.

Page 15

COOMERS GROUP HOLDINGS LIMITED

CONSOLIDATED STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED 31 JANUARY 2026

			2026	2025
			£	£

Cash flows from operating activities
Profit for the financial year	1,076,640	1,435,724
Adjustments for:
Amortisation of intangible assets	78,656	78,656
Depreciation of tangible assets	272,464	234,854
Loss on disposal of tangible assets	9,516	12,561
Interest paid	267,475	319,173
Interest received	(78,176)	(80,166)
Taxation charge	425,292	504,813
Decrease in stocks	38,351	6,016
(Increase) in debtors	(181,903)	(85,183)
Increase/(decrease) in creditors	144,912	(168,161)
Net fair value (gains) recognised in P&L	(96,506)	(373,345)
Corporation tax (paid)	(408,660)	(570,981)
Net cash generated from operating activities	1,548,061	1,313,961

Cash flows from investing activities
Purchase of tangible fixed assets	(862,954)	(291,616)
Sale of tangible fixed assets	39,250	17,725
Interest received	78,176	80,166
Net cash from investing activities	(745,528)	(193,725)
Cash flows from financing activities
Repayment of secured loans	(648,575)	(134,247)
Repayment of other loans	-	(690,000)
Interest paid	(272,333)	(322,533)
Dividends paid	(325,000)	(575,000)
Net cash used in financing activities	(1,245,908)	(1,721,780)
Net (decrease) in cash and cash equivalents	(443,375)	(601,544)
Cash and cash equivalents at beginning of year	1,427,322	2,028,866
Cash and cash equivalents at the end of year	983,947	1,427,322

Cash and cash equivalents at the end of year comprise:
Cash at bank and in hand	983,947	1,427,322

Page 16

COOMERS GROUP HOLDINGS LIMITED

CONSOLIDATED ANALYSIS OF NET DEBT

FOR THE YEAR ENDED 31 JANUARY 2026


At 1 February 2025	Cash flows	At 31 January 2026
£	£	£

Cash at bank and in hand	1,427,322	(443,375)	983,947
Debt due after 1 year	(504,401)	504,401	-
Debt due within 1 year	(135,511)	135,511	-
	787,410	196,537	983,947

The notes on pages 18 to 37 form part of these financial statements.

Page 17

COOMERS GROUP HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

1.	General information

Coomers Group Holdings Limited (registered number 13062750) is a private company limited by shares. It was incorporated on 4 December 2020 in England & Wales.
The registered address of the company is 3-5 Woolmer Way, Bordon, Hampshire, GU35 9QE.

2.Accounting policies

2.1

Basis of preparation of 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 applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires Group management to exercise judgment in applying the Group's accounting policies (see note 3).

The Company has taken advantage of the exemption allowed under section 408 of the Companies Act 2006 and has not presented its own Statement of Comprehensive Income in these financial statements.

The financial statements are presented in GBP to whole £s.

The following principal accounting policies have been applied:

2.2

Basis of consolidation

The consolidated financial statements present the results of the Company and its own subsidiaries ("the Group") as if they form a single entity. Intercompany transactions and balances between group companies are therefore eliminated in full.

The consolidated financial statements incorporate the results of business combinations using the purchase method. In the Statement of Financial Position, the acquiree's identifiable assets, liabilities and contingent liabilities are initially recognised at their fair values at the acquisition date. The results of acquired operations are included in the Consolidated Statement of Comprehensive Income from the date on which control is obtained. They are deconsolidated from the date control ceases.

Page 18

COOMERS GROUP HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

2.Accounting policies (continued)

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Group and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Group has transferred the significant risks and rewards of ownership to the buyer;

∙the Group retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the Group will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Group will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 19

COOMERS GROUP HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

2.Accounting policies (continued)

2.7

Pensions

Defined contribution pension plan

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

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Group in independently administered funds.

2.8

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company and the Group operate and generate income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits;

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met; and

∙Where they relate to timing differences in respect of interests in subsidiaries, associates, branches and joint ventures and the Group can control the reversal of the timing differences and such reversal is not considered probable in the foreseeable future.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Page 20

COOMERS GROUP HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

2.Accounting policies (continued)

2.9

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of the Group's share of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Consolidated Statement of Comprehensive Income over its useful economic life.

Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

2.10

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Freehold property	-	Held at residual value
Plant and machinery	-	20% reducing balance
Motor vehicles	-	25% reducing balance
Fixtures and fittings	-	20% reducing balance
Computer equipment	-	20% reducing balance / 20% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 21

COOMERS GROUP HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

2.Accounting policies (continued)

2.11

Revaluation of tangible fixed assets

Individual freehold and leasehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the reporting date.

Fair values are determined from market based evidence normally undertaken by professionally qualified valuers.

Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.

2.12

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Group shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Consolidated Statement of Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

2.13

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a weighted average basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

2.14

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.15

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.

In the Consolidated Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the Group's cash management.

Page 22

COOMERS GROUP HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

2.Accounting policies (continued)

2.16

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.17

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.

Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.

Increases in provisions are generally charged as an expense to profit or loss.

2.18

Financial instruments

The Group has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) 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 Group's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

Basic 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 Group after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other creditors, bank loans, other loans and loans due to fellow group companies are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments 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.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially

Page 23

COOMERS GROUP HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

2.Accounting policies (continued)

2.18

Financial instruments (continued)

recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Other financial instruments

Derivatives, including forward exchange contracts, futures contracts and interest rate swaps, are not classified as basic financial instruments. These are initially recognised at fair value on the date the derivative contract is entered into, with costs being charged to the profit or loss. They are subsequently measured at fair value with changes in the profit or loss.

Debt instruments that do not meet the conditions as set out in FRS 102 paragraph 11.9 are subsequently measured at fair value through the profit or loss. This recognition and measurement would also apply to financial instruments where the performance is evaluated on a fair value basis as with a documented risk management or investment strategy.

2.19

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

3.	Judgments in applying accounting policies and key sources of estimation uncertainty

In the application of the Group's accounting policies management is required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying 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 if the revision affects only that period, or in the period of the revision or future periods if the revision affects both current and future periods.

The key sources of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are described below:

Valuation of freehold property:
The directors are aware of movements in commercial property values and compare the carrying value against market data to ensure the carrying value is not materially different from the fair value at the year end.

Valuation of preference shares:
The market value of the redeemable preference shares is dependent upon estimated future cashflows which are based upon the market value of the freehold properties. The directors have estimated the change in market value over the anticipated redemption period and calculated the net present value of future cashflows using an estimated discount factor based upon current economic conditions. The market value of these preference shares and underlying estimates will be assessed annually.

Page 24

COOMERS GROUP HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

Turnover

The Whole of turnover is attributable to trading in building materials.

All turnover arose within the United Kingdom.

5.	Other operating income
		2026	2025
		£	£

	Other operating income	3,402	7,798

6.	Fair value movements
		2026	2025
		£	£


Property revaluation	96,506	73,500
Preference share liability revaluation	-	299,845
	96,506	373,345

Depreciation	272,464	234,854
Amortisation	78,656	78,656
Fair value movement	(96,506)	(373,345)

Fees payable to the Company's auditors for the audit of the consolidated and Parent Company's financial statements

20,000

14,000

Page 25

COOMERS GROUP HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

9.	Employees
	Staff costs, including directors' remuneration, were as follows:

		Group	Group
		2026	2025
		£	£


Wages and salaries	2,182,008	2,138,478
Social security costs	275,025	218,199
Cost of defined contribution scheme	100,029	101,186
	2,557,062	2,457,863

The average monthly number of employees, including the directors, during the year was as follows:

	2026	2025
	No.	No.

All employees	61	64

10.	Directors' remuneration
		2026	2025
		£	£

Directors' emoluments	181,485	150,984
Group contributions to defined contribution pension schemes	22,976	28,321
	204,461	179,305

During the year retirement benefits were accruing to 1 director (2025 - 1) in respect of defined contribution pension schemes.

11.	Interest receivable
		2026	2025
		£	£

Other interest receivable

78,176

80,166

Page 26

COOMERS GROUP HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

12.	Interest payable and similar expenses
		2026	2025
		£	£

Bank interest payable	8,608	20,156
Other loan interest payable	-	28,858
Other interest payable	258,812	270,159
	267,420	319,173

Corporation tax
Current tax on profits for the year	279,886	501,191
Adjustments in respect of previous periods	(1,192)	31,922

Total current tax	278,694	533,113

Deferred tax
Origination and reversal of timing differences	146,598	(28,300)
Total deferred tax	146,598	(28,300)


	Tax on profit	425,292	504,813

Page 27

COOMERS GROUP HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

13.Taxation (continued)

Profit on ordinary activities before tax

1,501,931

1,940,537

Profit on ordinary activities multiplied by standard rate of corporation tax in the UK of 25% (2025 - 25%)	375,483	485,134
Effects of:
Expenses not deductible for tax purposes, other than goodwill amortisation and impairment	2,275	3,374
Capital allowances for year in excess of depreciation	(145,948)	31,901
Utilisation of tax losses	(12,230)	(12,810)
Goodwill amortisation	19,664	19,664
Changes in provisions leading to an increase (decrease) in the tax charge	66	20
Unrealised gain on preference shares redemption value	-	(74,961)
Unrealised gain on freehold property valuation	(24,127)	(18,375)
Preference share interest and dividends	64,703	67,244
Deferred tax movement	146,598	(28,300)
Underprovision in prior years	(1,192)	31,922
Total tax charge for the year	425,292	504,813

Factors that may affect future tax charges

There were no factors that may affect future tax charges.

14.	Parent company profit for the year

The Company has taken advantage of the exemption allowed under section 408 of the Companies Act 2006 and has not presented its own Statement of Comprehensive Income in these financial statements. The profit after tax of the parent Company for the year was £510,087 (2025 - £639,338).

Page 28

COOMERS GROUP HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

15.	Intangible assets
	Group and Company

		Goodwill
		£

	At 1 February 2025	858,069
	At 31 January 2026	858,069

	At 1 February 2025	314,624
	Charge for the year on owned assets	78,656
	At 31 January 2026	393,280
	Net book value
	At 31 January 2026	464,789
	At 31 January 2025	543,445

Goodwill was recognised on the acquisition of Coomers Limited.

Page 29

COOMERS GROUP HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

16.	Tangible fixed assets
	Group

	Freehold property	Plant and machinery	Motor vehicles	Fixtures and fittings	Computer equipment
	£	£	£	£	£
Cost or valuation
At 1 February 2025	8,844,645	787,566	1,045,036	489,269	106,379
Additions	10,405	451,396	370,242	27,811	3,100
Disposals	-	(113,180)	(140,074)	(84,677)	(2,944)
Revaluations	112,919	-	-	-	-
At 31 January 2026	8,967,969	1,125,782	1,275,204	432,403	106,535
Depreciation
At 1 February 2025	-	437,562	625,350	374,722	60,688
Charge for the year on owned assets	-	80,589	156,262	24,126	11,487
Disposals	-	(70,840)	(132,543)	(85,864)	(2,861)
At 31 January 2026	-	447,311	649,069	312,984	69,314
Net book value
At 31 January 2026	8,967,969	678,471	626,135	119,419	37,221
At 31 January 2025	8,844,645	350,004	419,686	114,547	45,691

Page 30

COOMERS GROUP HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

16.Tangible fixed assets (continued)

		Total
		£
	Cost or valuation
	At 1 February 2025	11,272,895
	Additions	862,954
	Disposals	(340,875)
	Revaluations	112,919
	At 31 January 2026	11,907,893
	Depreciation
	At 1 February 2025	1,498,322
	Charge for the year on owned assets	272,464
	Disposals	(292,108)
	At 31 January 2026	1,478,678
	Net book value
	At 31 January 2026	10,429,215
	At 31 January 2025	9,774,573

The freehold properties were revalued on 8 December 2023 by Vail Williams on an open market existing use basis and the properties are restated at that valuation. As at the year end the directors have reviewed the valuation of these properties and based upon current market conditions have adjusted the carrying value accordingly.

If the land and buildings had not been included at valuation they would have been included under the historical cost convention as follows:
	2026	2025
	£	£

Group
Cost	9,341,874	9,331,469
Accumulated depreciation	(1,463,784)	(1,353,312)
Net book value	7,878,090	7,978,157

Page 31

COOMERS GROUP HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

17.	Fixed asset investments
	Group

		Trade investments
		£

	At 1 February 2025	1,300

	Net book value
	At 31 January 2026	1,300
	At 31 January 2025	1,300

	Company

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 February 2025	4,543,289
	At 31 January 2026	4,543,289

	Net book value
	At 31 January 2026	4,543,289
	At 31 January 2025	4,543,289

Subsidiary undertaking
The following was a subsidiary undertaking of the Company:
Name	Registered office	Class of shares	Holding

Coomers Limited

5 Woolmer Way, Bordon, Hampshire, GU35 9QE

Ordinary

66.6%

Page 32

COOMERS GROUP HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

18.	Stocks
		Group	Group
		2026	2025
		£	£

	Finished goods and goods for resale	1,624,096	1,662,447

19.	Debtors
		Group	Group	Company	Company
		2026	2025	2026	2025
		£	£	£	£


Preference shares held	-	-	3,275,868	3,275,598

		Group	Group
		2026	2025
		£	£


Trade debtors	1,366,268	1,070,181
Other debtors	383,765	564,101
Prepayments and accrued income	115,819	49,666
	1,865,852	1,683,948

20.	Cash and cash equivalents
		Group	Group	Company	Company
		2026	2025	2026	2025
		£	£	£	£

	Cash at bank and in hand	983,947	1,427,322	7,113	7,113

Page 33

COOMERS GROUP HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

21.	Creditors: Amounts falling due within one year
		Group	Group	Company	Company
		2026	2025	2026	2025
		£	£	£	£

Bank loans	-	135,511	-	-
Payments received on account	36,448	28,274	-	-
Trade creditors	1,178,245	1,062,205	-	-
Amounts owed to group undertakings	-	-	5,292,559	5,470,056
Corporation tax	17,298	147,264	-	-
Other taxation and social security	235,680	213,164	-	-
Other creditors	33,235	32,374	-	-
Accruals and deferred income	123,296	125,975	-	7,320
	1,624,202	1,744,767	5,292,559	5,477,376

22.	Creditors: Amounts falling due after more than one year
		Group	Group
		2026	2025
		£	£

Bank loans	-	504,401
Preference shares classed as debt	6,566,804	6,580,325
	6,566,804	7,084,726

Preference shares classed as debt:

During 2022, 4,518 preference shares of £1 were issued at nominal value. Dividends are non-discretionary and are to be paid at 4.75% per annum of the market value of three properties owned by the company, after £100,000 has firstly been paid to the ordinary shareholders. The preference shares are redeemable after 10 years at the issuer's discretion, with the redemption price being the market value of the three properties. The preference shares have therefore been recognised as a liability at their fair value. The difference between the transaction price and the fair value has been recognised as a distribution of reserves. The fair value of the preference shares has been determined by the directors estimating change in market value over the anticipated redemption period and calculating the net present value of future cashflows using an estimated discount factor based upon current economic conditions. Subsequent fair value adjustments are recognised through the profit and loss.

Secured creditors:

The bank loan is secured by the assets of the business.

Page 34

COOMERS GROUP HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

23.	Loans
	Analysis of the maturity of loans is given below:
		Group	Group
		2026	2025
		£	£

Amounts falling due within one year
Bank loans	-	135,511
Amounts falling due in 1-5 years
Bank loans	-	504,401

	-	639,912

24.	Deferred taxation
	Group

		2026
		£

	At beginning of year	292,888
	Charged to profit or loss	146,598
	At end of year	439,486

Company

		2026

	At end of year	-

The provision for deferred taxation is made up as follows:
	Group	Group
	2026	2025
	£	£

Accelerated capital allowances

439,486

292,888

Page 35

COOMERS GROUP HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

25.	Share capital
		2026	2025
		£	£

Allotted, called up and fully paid

100 (2025 - 100) Ordinary Share Capital shares of £1.00 each	100	100

26.

Reserves

Revaluation reserve

Includes cumulative unrealised gains recognised on the revaluation of freehold properties less deferred
tax thereon. This is a non-distributable reserve.

Fair value movement reserve

This is the fair value movement on the preference share liability classed as debt. See note 22 the preference share liability is recognised at fair value.

Profit and loss account

Includes cumulative profits and losses net of other adjustments.

27.	Capital commitments
	At 31 January 2026 the Group and Company had capital commitments as follows:
		Group	Group
		2026	2025
		£	£

	Motor vehicles	-	406,493
	Plant and Machinery	-	130,321

28.	Pension commitments

The Group operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Group in an independently administered fund. The pension cost charge represents contributions payable by the Group to the fund and amounted to £158,172 (2025 £105,225). Contributions totalling £12,553 (2025: £12,481) were payable to the fund at the balance sheet date.

Page 36

COOMERS GROUP HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

29.

Related party transactions

During the year Coomers Limited paid £325,000 (2025: £611,200) of dividends to Coomers Holdings Limited, and £Nil (2025: £350,000) to shareholders that are non-controlling interests. Coomers Holdings Limited paid £325,000 (2025: £225,000) of dividends to its shareholders.

Coomers Limited has 4,518 preference shares in issue, of which 1,504 are held by Coomers Holdings Limited with the remaining 3,014 to non-controlling interests (NCI's). On which Coomers Limited incurred a £394,979 (2025: £396,030) finance charge within the year, with £136,167 (2025: £132,098) in relation to Coomers Holdings Limited's proportionate ownership and £258,812 (2025: £263,932) to NCIs. At the year end Coomers Limited's liability to Coomers Holdings Limited was £3,275,868 (2025: £3,275,598) and to NCIs was £6,566,804 (2025: £6,580,325).

At the year end Coomers Group Holdings Limited owed Coomers Limited £5,292,560 (2025: £5,470,056).

Key management personnel are the directors.

30.	Controlling party

At the time of the audit report, G Coomer is the ultimate controlling party.

Page 37