REGISTERED NUMBER: 05069606 (England and Wales)

GROUP STRATEGIC REPORT,

REPORT OF THE DIRECTORS AND

CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2026

FOR

TWISTEDPAIR LIMITED

Page

Company Information

1

Group Strategic Report

2

Report of the Directors

6

Report of the Independent Auditors

7

Consolidated Income Statement

10

Consolidated Other Comprehensive Income

11

Consolidated Balance Sheet

12

Company Balance Sheet

13

Consolidated Statement of Changes in Equity

14

Company Statement of Changes in Equity

15

Consolidated Cash Flow Statement

16

Notes to the Consolidated Cash Flow Statement

17

Notes to the Consolidated Financial Statements

19

DIRECTORS:

A M Glyde

T F Woodfine

O A S Hall

SECRETARY:

T F Woodfine

REGISTERED OFFICE:

Unit 15 Admiral Park

Williams Road

Portsmouth

Hampshire

PO3 5NJ

REGISTERED NUMBER:

05069606 (England and Wales)

AUDITORS:

Shaw Gibbs (Audit) Limited

Chartered Certified Accountants

Statutory Auditor

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

The directors present their strategic report for the year ended 31 January 2026.

Principal Activities

During the financial year, Twistedpair has continued to operate successfully in focusing on project delivery in UK and Europe for our partners. Our core business activities include delivery of corporate Structured Cabling and Audio Visual projects and Maintenance.

Overview of the Group

Twistedpair Ltd is the parent company of the Twistedpair Group ("the Group"), providing integrated Audio Visual (AV), structured cabling, network, WiFi and managed service solutions to enterprise, commercial and public sector clients. The Group operates primarily across the UK and Europe, with growing international project delivery capability.

The Group structure during the year comprised:

 - Twistedpair Ltd (UK). Parent company

 - Twistedpair International Ltd (Ireland). 100% owned

 - Twistedpair Europe B.V. (Netherlands). 100% owned

- Crossover AV Limited (UK). 90% owned

The Group's strategy is to deliver high quality, technically excellent solutions while scaling sustainably through disciplined operations, strong governance and long term client relationships.

Business model

The Group generates revenue through a blend of:

 - Project delivery. Design, supply and installation of AV, structured cabling and network infrastructure

- Service & support. Managed services, break fix support, preventative maintenance and service contracts

- Consultancy & design. Technical design, engineering consultancy and advisory services

Value is created by combining multi disciplinary engineering capability with strong project management, robust supply chain partnerships and an emphasis on quality, safety and client satisfaction.

Key inputs include skilled engineering and project staff, long standing vendor relationships, robust systems and processes, and a strong brand reputation. Outputs include completed projects, ongoing service contracts and repeat business from existing clients.

Strategy and Objectives

The Group's strategic objectives are:

1. Sustainable growth. Grow revenue and profitability through a balanced mix of projects and recurring service income

2. Operational excellence. Deliver projects safely, on time and to specification while protecting margin

3. Client retention and expansion. Deepen relationships with existing clients and expand services offered

4. People and culture. Attract, develop and retain high quality talent within a collaborative and accountable culture

5. Governance and risk management. Maintain strong financial controls, compliance and risk oversight as the Group scales up

During the year, focus remained on strengthening operational processes, improving visibility of project performance and building a scalable group structure to support future growth.

REVIEW OF BUSINESS

Financial Performance

Twistedpair Ltd continued its trajectory of growth during the year, further strengthening its position as a leading

provider of Audio Visual, Unified Communications, Structured Cabling and Managed Service solutions across the

United Kingdom and Europe.

The year was characterised by continued investment in people, systems and operational capability, alongside the

successful execution of several major projects for enterprise and corporate clients.

Revenue remained relatively consistent, decreasing by just 4% to £22.5m (2025 - £23.5m). Profit before tax for the year was £1.27m (2025 - £1.75m), reflecting an decrease of £580k compared to the prior year.

The Group maintained a strong focus on customer satisfaction, project delivery excellence and sustainable

profitability while continuing to expand its service offering and geographic reach.

The Board remains encouraged by the resilience of the markets in which the Group operates and believes the business is well positioned to capitalise on future opportunities.

Business Review

The Group delivered a strong operational performance during the financial year, supported by a healthy order book and continued growth in both project and recurring service revenues.

Key achievements during the year included:

- Successful delivery of a significant number of technology integration projects across the UK and Europe.

- Continued growth in recurring service and support revenues.

- Expansion of customer relationships within key strategic accounts.

- Increased operational maturity through investment in systems, processes and management capability.

- Further development of the Group's European presence and cross-border delivery capability.

The Directors continue to focus on maintaining a balanced business model, combining project-based revenues with long-term service and support contracts to provide greater revenue visibility and resilience.

Strategic Developments

As part of the Group's long-term growth strategy, the Group acquired a 90% shareholding in Crossover AV

Limited, in November 2025. The acquisition will enhance the Group's capabilities, customer reach and geographical coverage. The Directors believe the integration of Crossover AV will generate operational synergies, strengthen service delivery capabilities and provide additional opportunities for growth in future years.

The Group also continued to invest in developing internal leadership capability and strengthening departmental structures to support future expansion.

The consolidated financial statements incorporate the financial statements of the Company and its subsidiary undertakings, with the exception of Crossover AV Limited on the basis that it's assets, liabilities and results for the period since it joined the group are immaterial.

PRINCIPAL RISKS AND UNCERTAINTIES

As with all businesses operating within the technology integration sector, the Group faces a number of risks and

uncertainties.

The principal risks identified by the Board include:

Economic Conditions

Changes in economic conditions, inflationary pressures and reductions in customer capital expenditure could impact future demand for technology projects.

Supply Chain Disruption

The business remains exposed to global supply chain challenges which may affect product availability, lead times and project delivery schedules.

Talent Acquisition and Retention

The Group's continued growth is dependent upon attracting, developing and retaining highly skilled employees across technical, operational and commercial functions.

Client Concentration

The Board continues to monitor customer concentration levels and actively seeks to diversify revenue streams across multiple sectors and geographies.

Cyber Security and Information Security

The increasing reliance on digital systems and customer data requires ongoing investment in cyber security controls,

employee awareness and risk management processes.

The Board regularly reviews these risks and implements mitigation strategies where appropriate.

SECTION 172(1) STATEMENT

The Directors consider that they have acted in a way most likely to promote the success of the Group for the benefit of its members as a whole, having regard to the matters set out in Section 172 of the Companies Act 2006.

In making decisions, the Board has had regard to:

 - The interests of employees

 - Relationships with customers, suppliers and subcontractors

 - The impact of operations on the community and environment

 - The desirability of maintaining a reputation for high standards of business conduct

CORPORATE GOVERNANCE

The Board remains committed to high standards of corporate governance and compliance with regulatory obligations. We continue to strengthen our governance framework, ensuring that group operations are aligned with best practices.

Environmental, Social and Governance (ESG)

Twistedpair Ltd recognises its responsibility to operate in a sustainable and responsible manner.

The Group continues to seek opportunities to reduce its environmental impact through efficient operational practices, responsible procurement and waste reduction initiatives.

The Directors believe that sustainable business practices are essential to creating long-term value for customers,

employees, suppliers and shareholders.

EMPLOYEE CONTRIBUTIONS

The Directors recognise that employees are fundamental to the success of the business.

Throughout the year, investment was made in employee development, leadership training and operational capability.The Group remains committed to creating a positive working environment that encourages collaboration, accountability and professional growth.

The Board actively promotes equality, diversity and inclusion and seeks to provide opportunities for all employees to develop their careers within the organisation.

FUTURE DEVELOPMENTS

The Directors remain confident in the Group's prospects for the forthcoming year.

The business enters the new financial year with:

- A strong pipeline of future opportunities.

- An established and growing customer base.

- Increasing levels of recurring service revenue.

- Enhanced capability following the acquisition of Crossover AV Ltd.

- Continued opportunities within both UK and European markets.

The Board's strategic priorities for the year ahead include:

- Continued integration and growth of Crossover AV Ltd.

- Expansion of recurring managed service revenues.

- Development of structured cabling and data centre capabilities.

- Further growth within mainland Europe.

- Investment in operational efficiency, automation and technology platforms.

- Continued development of leadership and management capability throughout the organisation.

The Directors believe that the Group remains well positioned to deliver sustainable growth and create long-term

value for shareholders.

KEY PERFORMANCE INDICATORS

The Group looks to review its key performance indicators of:

- Turnover growth

- Gross profit margin

- Net profit

The Directors review these periodically to determine the performance of the Group.

CONCLUSION

In conclusion, Twistedpair has made significant progress in 2026, and we are confident in the group's ability to continue delivering value to our shareholders. We remain focused on executing our strategic vision and addressing the challenges and opportunities ahead.

ON BEHALF OF THE BOARD:

O A S Hall - Director

30th October 2026

The directors present their report with the financial statements of the company and the group for the year ended 31st January 2026.

DIVIDENDS

The total distribution of dividends for the year ended 31st January 2026 will be £ 100,000 .

DIRECTORS

The directors shown below have held office during the whole of the period from 1st February 2025 to the date of this report.

A M Glyde

T F Woodfine

O A S Hall

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Group Strategic Report, the Report of the Directors and the 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 United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). 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 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 company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's and the group's transactions and disclose with reasonable accuracy at any time the financial position of the company and the group and 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.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the group's auditors are unaware, and each director has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the group's auditors are aware of that information.

AUDITORS

The auditors, Shaw Gibbs (Audit) Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

O A S Hall - Director

30th October 2026

Opinion

We have audited the financial statements of TwistedPair Limited (the 'parent company') and its subsidiaries (the 'group') for the year ended 31st January 2026 which comprise the Consolidated Income Statement, Consolidated Other Comprehensive Income, Consolidated Balance Sheet, Company Balance Sheet, Consolidated Statement of Changes in Equity, Company Statement of Changes in Equity, Consolidated Cash Flow Statement and Notes to the Consolidated 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 group's and of the parent company affairs as at 31st 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 qualified 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 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 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 and 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.

Other information

The directors are responsible for the other information. The other information comprises the information in the Group Strategic Report and the Report of the Directors, 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.

Opinions 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 Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and

-	the Group Strategic Report and the Report of the Directors 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 Report of the Directors.

We have nothing to report in respect of the following matters where 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.

Responsibilities of directors

As explained more fully in the Statement of Directors' Responsibilities set out on page six, 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 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 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.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those

leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

We obtained an understanding of the legal and regulatory framework applicable to the company via discussions with the directors and our previous knowledge of the company. This identified that the most significant laws and regulations relate to the form and content of the financial statements such as the UK Companies Act 2006 and Financial Reporting Standard 102. The company complies with these laws and regulations by using appropriately qualified professionals to prepare the financial statements.

As part of our planning process we assessed susceptibility of the company's financial statements to material

misstatements, including how fraud might occur by making an assessment of the key risks. The key risks identified in

respect of Twistedpair Limited are revenue recognition, management override of controls and going concern. The

directors confirmed no actual, suspected or alleged cases of fraud.

Based on this assessment we designed our audit procedures to address these key risk areas with an emphasis on testing revenue recognition and the valuation of WIP, trade debtor valuation and recoverability.

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 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 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 company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Makeda Watkinson (Senior Statutory Auditor)

for and on behalf of Shaw Gibbs (Audit) Limited

Chartered Certified Accountants

Statutory Auditor

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

30th October 2026

TURNOVER

3

22,514,014

23,492,730

Cost of sales

18,382,913

18,961,100

GROSS PROFIT

4,131,101

4,531,630

Administrative expenses

2,838,372

2,721,581

OPERATING PROFIT

5

1,292,729

1,810,049

Interest receivable and similar income

4,623

6,672

1,297,352

1,816,721

Interest payable and similar expenses

6

28,393

63,641

PROFIT BEFORE TAXATION

1,268,959

1,753,080

Tax on profit

7

250,346

261,952

PROFIT FOR THE FINANCIAL YEAR

1,018,613

1,491,128

Profit attributable to:

Owners of the parent

1,018,613

1,491,128

PROFIT FOR THE YEAR

1,018,613

1,491,128

OTHER COMPREHENSIVE INCOME

Foreign exchange on conversion

113,908

(49,151

)

Income tax relating to other comprehensive income

-

-

OTHER COMPREHENSIVE INCOME FOR THE YEAR, NET OF INCOME TAX

113,908

(49,151

)

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

1,132,521

Prior year adjustment

(30,895

)

TOTAL COMPREHENSIVE INCOME SINCE LAST ANNUAL REPORT

1,411,082

Total comprehensive income attributable to:

Owners of the parent

1,132,521

1,411,082

FIXED ASSETS

Intangible assets

10

451,629

324,328

Tangible assets

11

136,860

89,283

Investments

12

1

-

Investment property

13

176,468

176,468

764,958

590,079

CURRENT ASSETS

Stocks

14

2,219,086

2,461,940

Debtors

15

5,586,917

3,546,891

Cash at bank and in hand

172,643

599,554

7,978,646

6,608,385

CREDITORS

Amounts falling due within one year

16

5,010,928

4,397,267

NET CURRENT ASSETS

2,967,718

2,211,118

TOTAL ASSETS LESS CURRENT LIABILITIES

3,732,676

2,801,197

CREDITORS

Amounts falling due after more than one year

17

(88,279

)

(223,333

)

PROVISIONS FOR LIABILITIES

21

(101,394

)

(67,382

)

NET ASSETS

3,543,003

2,510,482

CAPITAL AND RESERVES

Called up share capital

22

400

400

Other reserves

23

35,657

(78,251

)

Retained earnings

23

3,506,946

2,588,333

SHAREHOLDERS' FUNDS

3,543,003

2,510,482

The financial statements were approved by the Board of Directors and authorised for issue on 30th October 2026 and were signed on its behalf by:

O A S Hall - Director

FIXED ASSETS

Intangible assets

10

451,629

324,328

Tangible assets

11

82,827

71,154

Investments

12

175

174

Investment property

13

176,468

176,468

711,099

572,124

CURRENT ASSETS

Stocks

14

1,319,397

1,728,257

Debtors

15

3,383,897

2,047,584

Cash at bank and in hand

172,556

65,804

4,875,850

3,841,645

CREDITORS

Amounts falling due within one year

16

4,336,151

3,222,435

NET CURRENT ASSETS

539,699

619,210

TOTAL ASSETS LESS CURRENT LIABILITIES

1,250,798

1,191,334

CREDITORS

Amounts falling due after more than one year

17

(53,333

)

(223,333

)

PROVISIONS FOR LIABILITIES

21

(101,394

)

(67,382

)

NET ASSETS

1,096,071

900,619

CAPITAL AND RESERVES

Called up share capital

22

400

400

Retained earnings

23

1,095,671

900,219

SHAREHOLDERS' FUNDS

1,096,071

900,619

Company's profit for the financial year

295,452

977,775

The financial statements were approved by the Board of Directors and authorised for issue on 30th October 2026 and were signed on its behalf by:

O A S Hall - Director

Called up

share

Retained

Other

Total

capital

earnings

reserves

equity

£

£

£

£

Balance at 1st February 2024

400

1,328,100

(29,100

)

1,299,400

Prior year adjustment

-

(30,895

)

-

(30,895

)

As restated

400

1,297,205

(29,100

)

1,268,505

Changes in equity

Dividends

-

(200,000

)

-

(200,000

)

Total comprehensive income

-

1,491,128

(49,151

)

1,441,977

Balance at 31st January 2025

400

2,588,333

(78,251

)

2,510,482

Changes in equity

Dividends

-

(100,000

)

-

(100,000

)

Total comprehensive income

-

1,018,613

113,908

1,132,521

Balance at 31st January 2026

400

3,506,946

35,657

3,543,003

Called up

share

Retained

Total

capital

earnings

equity

£

£

£

Balance at 1st February 2024

400

285,317

285,717

Prior year adjustment

-

(162,873

)

(162,873

)

As restated

400

122,444

122,844

Changes in equity

Dividends

-

(200,000

)

(200,000

)

Total comprehensive income

-

977,775

977,775

Balance at 31st January 2025

400

900,219

900,619

Changes in equity

Dividends

-

(100,000

)

(100,000

)

Total comprehensive income

-

295,452

295,452

Balance at 31st January 2026

400

1,095,671

1,096,071

Cash flows from operating activities

Cash generated from operations

1

468,084

1,345,916

Interest paid

(28,393

)

(63,641

)

Tax paid

(84,214

)

(68,444

)

Net cash from operating activities

355,477

1,213,831

Cash flows from investing activities

Purchase of intangible fixed assets

(160,007

)

(327,053

)

Purchase of tangible fixed assets

(89,570

)

(35,682

)

Purchase of investment property

-

(176,468

)

Interest received

4,623

6,672

Net cash from investing activities

(244,954

)

(532,531

)

Cash flows from financing activities

Loan repayments in year

(155,054

)

(190,000

)

Amount introduced by directors

122,300

449,001

Amount withdrawn by directors

(345,750

)

(149,518

)

Equity dividends paid

-

(200,000

)

Net cash from financing activities

(378,504

)

(90,517

)

(Decrease)/increase in cash and cash equivalents

(267,981

)

590,783

Cash and cash equivalents at beginning of year

2

308,244

(282,539

)

Cash and cash equivalents at end of year

2

40,263

308,244

1.	RECONCILIATION OF PROFIT BEFORE TAXATION TO CASH GENERATED FROM OPERATIONS

2026

2025

£

£

Profit before taxation

1,268,959

1,753,080

Depreciation charges

74,421

35,237

Loss on disposal of fixed assets

276

-

Foreign exchange on conversion

113,908

(49,151

)

Finance costs

28,393

63,641

Finance income

(4,623

)

(6,672

)

1,481,334

1,796,135

Decrease/(increase) in stocks

242,854

(480,774

)

(Increase)/decrease in trade and other debtors

(2,148,252

)

379,691

Increase/(decrease) in trade and other creditors

892,148

(349,136

)

Cash generated from operations

468,084

1,345,916

2.	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 31st January 2026

31.1.26

1.2.25

£

£

Cash and cash equivalents

172,643

599,554

Bank overdrafts

(132,380

)

(291,310

)

40,263

308,244

Year ended 31st January 2025

31.1.25

1.2.24

£

£

Cash and cash equivalents

599,554

77,027

Bank overdrafts

(291,310

)

(359,566

)

308,244

(282,539

)