CC Holdings Limited Group accounts (Group and Company)

COMPANY REGISTRATION NUMBER: 01718292

CC Holdings Limited

Financial Statements

28 February 2025

CC Holdings Limited

Financial Statements

Year ended 28 February 2025

Contents	Page

Strategic report	1

Directors' report	3

Independent auditor's report to the members	5

Consolidated statement of income and retained earnings	9

Company statement of income and retained earnings	10

Consolidated statement of financial position	11

Company statement of financial position	12

Consolidated statement of cash flows	13

Notes to the financial statements	14

CC Holdings Limited

Strategic Report

Year ended 28 February 2025

Principal activities and business review The principal activity of the company was the distribution of products and services to the motor industrial and manufacturing sector throughout the United Kingdom and Europe. Principal objectives and strategy Your company's principal objectives are profitability and growth to provide a return on investment to shareholders. The company has made significant investment into operating systems, compliance, information technology and site infrastructure, which have had a considerable impact on the performance of the group. Key performance indicators The directors consider the key performance indicators to be the following:

	2025	2024	2023	2022
	£	£	£	£
Turnover	15,137,479	16,489,165	16,192,827	13,080,087
Gross profit	2,549,859	2,601,785	2,427,034	2,297,694
Gross profit margin	17	16	15	18
EBITDA	753,007	937,491	900,822	936,933
Net asset turnover	3	3	3	3
Net profit margin	4	4	4	5

Results and dividends The profit for the year after taxation, was £537,564 (2024: £659,440). Particulars of dividends paid are detailed in note 12 to the financial statements. The directors anticipate the company will continue to grow in the foreseeable future. The company has continued to generate cash, ensuring the company has adequate funding to meet all obligations under financial instruments as they fall due and invest in the future growth of the company. Principal risks and uncertainties The group's principal risk is maintaining adequate solvency and longer term liquidity through management of working capital as the company continues to grow. The board remains satisfied with the group's funding and liquidity position. The group operated within its current bank facility both throughout the period under review and subsequently. The group's forecasts and projections indicate that the group should continue to operate within current bank facilities. The board considers that the group has sufficient financial resources to fund further growth. As a consequence, the board believes that the group is well placed to manage its business risks successfully. Strategic risks The group faces a number of strategic risks. Management has developed long term business plans to manage the impact of these risks to ensure that the group delivers a satisfactory performance in future years. The main strategic risks faced by the business are mantaining competitiveness and profit margins. To mitigate these risks the company recognises the need to make appropriate capital investments into operating systems, compliance, information technology and site infrastructure. Financial risks There has been no change during the year, or since the year end, to the type of financial risks faced by the group or the group's management of those risks. These key risks are credit risk, liquidity risk, interest rate risk and currency risk.

This report was approved by the board of directors on 28 November 2025 and signed on behalf of the board by:

Mr A.D. Barham

Director

CC Holdings Limited

Directors' Report

Year ended 28 February 2025

The directors present their report and the financial statements of the group for the year ended 28 February 2025 .

Directors

The directors who served the company during the year were as follows:

Mr A.D. Barham
Mr A.P. Barham
Mr W.D. Barham
Mr J.H. Oldham	(Resigned 12 November 2024)

Dividends

Particulars of recommended dividends are detailed in note 12 to the financial statements.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Directors' responsibilities statement

The directors are responsible for preparing the strategic report, directors' report 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 group and the company and 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 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 company 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 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 hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Auditor

Each of the persons who is a director at the date of approval of this report confirms that:

- so far as they are aware, there is no relevant audit information of which the group and the company's auditor is unaware; and - they have taken all steps that they ought to have taken as a director to make themselves aware of any relevant audit information and to establish that the group and the company's auditor is aware of that information.

This report was approved by the board of directors on 28 November 2025 and signed on behalf of the board by:

Mr A.D. Barham

Director

CC Holdings Limited

Independent Auditor's Report to the Members of CC Holdings Limited

Year ended 28 February 2025

Opinion

We have audited the financial statements of CC Holdings Limited (the 'parent company') and its subsidiaries (the 'group') for the year ended 28 February 2025 which comprise the consolidated statement of income and retained earnings, company statement of income and retained earnings, consolidated statement of financial position, company statement of financial position, consolidated statement of cash flows 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 FRS 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 28 February 2025 and of the group's profit for the year then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; - 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 auditor's 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 the provisions available for small entities, in the circumstances set out below, 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.

Other information

The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The directors are responsible for the other information. 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 there is a material misstatement in the financial statements or a material misstatement of the other information. 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 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 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 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.

Responsibilities of directors

As explained more fully in the directors' responsibilities statement, 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.

Auditor's 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 auditor’s 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 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: Assessing the susceptibility of the financial statements to material misstatement, including fraud and non-compliance with laws, considering the nature of the industry and sector, the laws and regulations relevant to the sector, the control environment, the business performance and the remuneration structure. Evaluating the legal and regulatory framework applicable and identifying any instances of non-compliance. Evaluating the effectiveness of the internal controls established to mitigate risk of fraud or non-compliance with laws and regulations. Evaluating any potential indicators of fraud including knowledge of any actual, suspected or alleged fraud. Ensuring the audit engagement team were made aware of potential fraud risks and had the appropriate competence and capabilities to identify fraud or non-compliance with laws and regulations and detail the findings accordingly. Identifying the opportunities and incentives that exist within the organisation for fraud including an assessment of key performance indicators, judgements made in making accounting estimates and evaluating any significant transactions that are unusual or outside the normal course of business. As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also: - Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. - Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the group's internal control. - Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the directors. - Conclude on the appropriateness of the directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the group's or the parent company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the group or the parent company to cease to continue as a going concern. - Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. - Obtain sufficient appropriate audit evidence regarding the financial information of the entities or business activities within the group to express an opinion on the consolidated financial statements. We are responsible for the direction, supervision and performance of the group audit. We remain solely responsible for our audit opinion. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. 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 auditor's 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.

Mr D.R. Thomas FCA

(Senior Statutory Auditor)

For and on behalf of

Haasco Limited

Chartered accountants & statutory auditor

4A Brecon Court

William Brown Close

Llantarnam Industrial Park

NP44 3AB

28 November 2025

CC Holdings Limited

Consolidated Statement of Income and Retained Earnings

Year ended 28 February 2025

		2025	2024
Note		£	£
Turnover	4	15,137,479	16,489,165

Cost of sales	12,587,620	13,887,380
	-------------	-------------
Gross profit	2,549,859	2,601,785

Administrative expenses		1,962,702	1,735,796
		------------	------------
Operating profit	5	587,157	865,989

Other interest receivable and similar income	9	46,126	–
Interest payable and similar expenses	10	–	8
		------------	------------
Profit before taxation		633,283	865,981

Tax on profit	11	95,719	206,541
		---------	---------
Profit for the financial year and total comprehensive income		537,564	659,440
		---------	---------

Dividends paid and payable	12	( 21,584)	( 61,083)

Retained earnings at the start of the year	4,555,968	3,957,611
	------------	------------
Retained earnings at the end of the year	5,071,948	4,555,968
	------------	------------

All the activities of the group are from continuing operations.

CC Holdings Limited

Company Statement of Income and Retained Earnings

Year ended 28 February 2025

		2025	2024
Note		£	£
Profit for the financial year and total comprehensive income		371,842	409,777
Dividends paid and payable	12	( 21,584)	( 61,083)

Retained earnings at the start of the year	1,705,261	1,356,567
	------------	------------
Retained earnings at the end of the year	2,055,519	1,705,261
	------------	------------

CC Holdings Limited

Consolidated Statement of Financial Position

28 February 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	13		1,103,817	867,362

Current assets

Stocks	15	1,540,795	1,536,649
Debtors	16	2,581,489	2,075,185
Cash at bank and in hand		3,202,672	3,713,592
		------------	------------
		7,324,956	7,325,426

Creditors: amounts falling due within one year
Trade creditors		1,883,936		1,826,037
Other creditors including taxation and social security	17	532,826		686,696
Accruals and deferred income		65,410		249,434
		------------		------------
		2,482,172		2,762,167
		------------		------------
Net current assets			4,842,784	4,563,259
			------------	------------
Total assets less current liabilities			5,946,601	5,430,621
			------------	------------
Net assets			5,946,601	5,430,621
			------------	------------

Capital and reserves

Called up share capital	20	32,264	32,264
Revaluation reserve	21	839,036	839,036
Capital redemption reserve	21	3,353	3,353
Profit and loss account	21	5,071,948	4,555,968
		------------	------------
Shareholders funds		5,946,601	5,430,621
		------------	------------

These financial statements were approved by the board of directors and authorised for issue on 28 November 2025 , and are signed on behalf of the board by:

Mr A.D. Barham

Director

Company registration number: 01718292

CC Holdings Limited

Company Statement of Financial Position

28 February 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	13	718,510	784,255
Investments	14	1	1
		---------	---------
		718,511	784,256

Current assets

Debtors	16	2,231,373	2,380,995
Cash at bank and in hand		–	425,858
		------------	------------
		2,231,373	2,806,853

Creditors: amounts falling due within one year
Bank loans and overdrafts		–		992,719
Other creditors including taxation and social security	17	16,712		15,976
Accruals and deferred income		3,000		2,500
		------------		------------
		19,712		1,011,195
		------------		------------
Net current assets			2,211,661	1,795,658
			------------	------------
Total assets less current liabilities			2,930,172	2,579,914
			------------	------------
Net assets			2,930,172	2,579,914
			------------	------------

Capital and reserves

Called up share capital	20	32,264	32,264
Revaluation reserve	21	839,036	839,036
Capital redemption reserve	21	3,353	3,353
Profit and loss account	21	2,055,519	1,705,261
		------------	------------
Shareholders funds		2,930,172	2,579,914
		------------	------------

The profit for the financial year of the parent company was £ 371,842 (2024: £ 409,777 ).

These financial statements were approved by the board of directors and authorised for issue on 28 November 2025 , and are signed on behalf of the board by:

Mr A.D. Barham

Director

Company registration number: 01718292

CC Holdings Limited

Consolidated Statement of Cash Flows

Year ended 28 February 2025

	2025	2024
	£	£

Cash flows from operating activities

Profit for the financial year	537,564	659,440

Adjustments for:
Depreciation of tangible assets	165,849	71,502
Other interest receivable and similar income	( 46,126)	–
Interest payable and similar expenses	–	8
Tax on profit	95,719	206,541
Accrued income	( 184,024)	( 450,875)

Changes in:
Stocks	( 4,146)	213,990
Trade and other debtors	( 506,304)	380,232
Trade and other creditors	98,573	( 356,094)
	---------	---------
Cash generated from operations	157,105	724,744

Interest paid	–	( 8)
Interest received	46,126	–
Tax paid	( 206,541)	( 170,442)
	---------	---------
Net cash (used in)/from operating activities	( 3,310)	554,294
	---------	---------

Cash flows from investing activities

Purchase of tangible assets	( 402,304)	( 77,158)
	---------	---------
Net cash used in investing activities	( 402,304)	( 77,158)
	---------	---------

Cash flows from financing activities

Proceeds from borrowings	( 83,722)	( 105,325)
Payments of finance lease liabilities	–	( 2,480)
Dividends paid	( 21,584)	( 61,083)
	---------	---------
Net cash used in financing activities	( 105,306)	( 168,888)
	---------	---------

Net (decrease)/increase in cash and cash equivalents	( 510,920)	308,248
Cash and cash equivalents at beginning of year	3,713,592	3,405,344
	------------	------------
Cash and cash equivalents at end of year	3,202,672	3,713,592
	------------	------------

CC Holdings Limited

Notes to the Financial Statements

Year ended 28 February 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 4A Brecon Court, William Brown Close, Llantarnam Industrial Park, NP44 3AB.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Disclosure exemptions

The parent company satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following reduced disclosures available under FRS 102:

(a) Disclosures in respect of each class of share capital have not been presented.

(b) No cash flow statement has been presented for the company.

(c) Disclosures in respect of financial instruments have not been presented.

(d) No disclosure has been given for the aggregate remuneration of key management personnel.

Consolidation

The financial statements consolidate the financial statements of CC Holdings Limited and all of its subsidiary undertakings.

The results of subsidiaries acquired or disposed of during the year are included from or to the date that control passes.

The parent company has applied the exemption contained in section 408 of the Companies Act 2006 and has not presented its individual profit and loss account.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Tangible assets

All fixed assets are initially recorded at cost. A valuation pf all freehold land and buildings is carried out by an independent qualified valuer every five years and the balance sheet revalued accordingly. Interim valuations are conducted if the directors become aware of a material change in value in the intervening years.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold buildings	-	5% straight line
Plant and machinery	-	25% straight line
Motor vehicles	-	25% straight line
Office equipment	-	25% straight line

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Investments in associates

Investments in associates are accounted for using the equity method of accounting, whereby the investment is initially recognised at the transaction price and subsequently adjusted to reflect the group's share of the profit or loss, other comprehensive income and equity of the associate.

Investments in joint ventures

Investments in joint ventures are accounted for using the equity method of accounting, whereby the investment is initially recognised at the transaction price and subsequently adjusted to reflect the group's share of the profit or loss, other comprehensive income and equity of the joint venture.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Defined contribution plans

The group makes payments to several directors' and employees' personal defined contribution scheme. The assets of the scheme are held separately from those of the company in independently administered funds.

4. Turnover

Turnover arises from:

	2025	2024
	£	£
Sale of goods	15,137,479	16,489,165
	-------------	-------------

The whole of the turnover is attributable to the principal activity of the group wholly undertaken in the United Kingdom.

5. Operating profit

Operating profit or loss is stated after charging/crediting:

	2025	2024
	£	£
Depreciation of tangible assets	165,849	71,502
Impairment of trade debtors	40	(181)
Foreign exchange differences	3,686	7,177
	---------	--------

6. Auditor's remuneration

	2025	2024
	£	£
Fees payable for the audit of the financial statements	9,165	7,979
	-------	-------

7. Staff costs

The average number of persons employed by the group during the year, including the directors, amounted to:

	2025	2024
	No.	No.
Production staff	14	13
Distribution staff	10	10
Administrative staff	6	5
Management staff	3	5
	----	----
	33	33
	----	----

The aggregate payroll costs incurred during the year, relating to the above, were:

	2025	2024
	£	£
Wages and salaries	1,091,153	1,049,999
Social security costs	111,144	106,303
Other pension costs	46,486	46,595
	------------	------------
	1,248,783	1,202,897
	------------	------------

8. Directors' remuneration

The directors' aggregate remuneration in respect of qualifying services was:

	2025	2024
	£	£
Remuneration	173,348	80,437
Company contributions to defined contribution pension plans	11,369	8,192
	---------	--------
	184,717	88,629
	---------	--------

The number of directors who accrued benefits under company pension plans was as follows:

	2025	2024
	No.	No.
Defined contribution plans	2	2
	----	----

9. Other interest receivable and similar income

	2025	2024
	£	£
Interest on cash and cash equivalents	46,126	–
	--------	----

10. Interest payable and similar expenses

	2025	2024
	£	£
Interest on obligations under finance leases and hire purchase contracts	–	8
	----	----

11. Tax on profit

Major components of tax expense

	2025	2024
	£	£

Current tax:

UK current tax expense	95,719	206,541
Tax on profit	95,719	206,541
	--------	---------

Reconciliation of tax expense

The tax assessed on the profit on ordinary activities for the year is lower than (2024: lower than) the standard rate of corporation tax in the UK of 25 % (2024: 24.49 %).

	2025	2024
	£	£
Profit on ordinary activities before taxation	633,283	865,981
	---------	---------
Profit on ordinary activities by rate of tax	158,320	212,079
Effect of capital allowances and depreciation	( 62,601)	( 5,538)
	---------	---------
Tax on profit	95,719	206,541
	---------	---------

12. Dividends

Dividends paid during the year (excluding those for which a liability existed at the end of the prior year):

	2025	2024
	£	£
Dividends on equity shares	21,584	61,084
	--------	--------

13. Tangible assets

Group	Freehold land and buildings	Plant and machinery	Motor vehicles	Office equipment	Total
	£	£	£	£	£
Cost
At 1 March 2024	1,327,871	498,230	407,668	322,934	2,556,703
Additions	–	150,000	232,088	20,216	402,304
	------------	---------	---------	---------	------------
At 28 February 2025	1,327,871	648,230	639,756	343,150	2,959,007
	------------	---------	---------	---------	------------
Depreciation
At 1 March 2024	543,616	493,132	407,668	244,925	1,689,341
Charge for the year	65,745	27,632	43,516	28,956	165,849
	------------	---------	---------	---------	------------
At 28 February 2025	609,361	520,764	451,184	273,881	1,855,190
	------------	---------	---------	---------	------------
Carrying amount
At 28 February 2025	718,510	127,466	188,572	69,269	1,103,817
	------------	---------	---------	---------	------------
At 29 February 2024	784,255	5,098	–	78,009	867,362
	------------	---------	---------	---------	------------

Company	Freehold land and buildings	Plant and machinery	Total
	£	£	£
Cost
At 1 March 2024 and 28 February 2025	1,327,871	14,768	1,342,639
	------------	--------	------------
Depreciation
At 1 March 2024	543,616	14,768	558,384
Charge for the year	65,745	–	65,745
	------------	--------	------------
At 28 February 2025	609,361	14,768	624,129
	------------	--------	------------
Carrying amount
At 28 February 2025	718,510	–	718,510
	------------	--------	------------
At 29 February 2024	784,255	–	784,255
	------------	--------	------------

The historical cost of freehold land and buildings is £488,835 of which land comprises £12,975.

14. Investments

The group has no investments.

Company	Shares in group undertakings
	£
Cost
At 1 March 2024 and 28 February 2025	1
	----
Impairment
At 1 March 2024 and 28 February 2025	–
	----

Carrying amount
At 1 March 2024 and 28 February 2025	1
	----
At 29 February 2024	1
	----

Subsidiaries, associates and other investments

The company owns 100% of the issued share capital of Chemical Corporation (U.K.) Limited, a company incorporated in England and Wales.

15. Stocks

	Group		Company
	2025	2024	2025	2024
	£	£	£	£
Raw materials and consumables	1,540,795	1,536,649	–	–
	------------	------------	----	----

16. Debtors

	Group		Company
	2025	2024	2025	2024
	£	£	£	£
Trade debtors	2,154,204	1,992,913	–	–
Amounts owed by group undertakings	–	–	2,221,192	2,370,814
Amounts owed by undertakings in which the company has a participating interest	150,170	11,268	10,181	10,181
Prepayments and accrued income	273,115	71,004	–	–
Other debtors	4,000	–	–	–
	------------	------------	------------	------------
	2,581,489	2,075,185	2,231,373	2,380,995
	------------	------------	------------	------------

17. Other creditors including taxation and social security falling

due within one year

	Group		Company
	2025	2024	2025	2024
	£	£	£	£
Corporation tax	95,719	206,541	16,712	15,976
Social security and other taxes	362,878	322,204	–	–
Director loan accounts	74,229	157,951	–	–
	---------	---------	--------	--------
	532,826	686,696	16,712	15,976
	---------	---------	--------	--------

18. Finance leases and hire purchase contracts

The hire purchase contracts are secured on the assets to which the contracts relate.

19. Employee benefits

Defined contribution plans

The amount recognised in profit or loss as an expense in relation to defined contribution plans was £ 38,134 (2024: £ 38,403 ).

20. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary A shares of £ 1 each	26,489	26,489	26,489	26,489
Ordinary B shares of £ 1 each	6	6	6	6
Ordinary C shares of £ 1 each	6	6	6	6
Ordinary D shares of £ 1 each	6	6	6	6
Redeemable preference shares of £ 1 each	5,757	5,757	5,757	5,757
	--------	--------	--------	--------
	32,264	32,264	32,264	32,264
	--------	--------	--------	--------

The redeemable preference shares have no voting rights or rights of prepayment or dividend but rank prior to ordinary shares regarding the repayment of capital.

21. Reserves

Capital redemption reserve - This reserve records the nominal value of shares repurchased by the company. Profit and loss account - This reserve records retained earnings and accumulated losses.

22. Analysis of changes in net debt

	At 1 Mar 2024	Cash flows	At 28 Feb 2025
	£	£	£
Cash at bank and in hand	3,713,592	(510,920)	3,202,672
Debt due within one year	(157,951)	83,722	(74,229)
	------------	---------	------------
	3,555,641	( 427,198)	3,128,443
	------------	---------	------------

23. Contingencies

A debenture registered on 30th September 1994 by National Westminster Bank Plc provides a fixed and floating charge over the company's property and assets present and future on all monies due or to become due from the company to the chargee on any account whatsoever. A legal charge registered on 25th September 2003 by National Westminster Bank Plc provides a fixed charge over the property at Atlas House, Bedwas Business Park, Bedwas, Caerphilly CF83 8DU on all monies due or to become due from the company to the chargee on any account whatsoever. A legal charge registered on 15th November 2019 by National Westminster Bank Plc provides a fixed charge of deposit over 500,000 euros on deposit and any future amounts credited to the account. The group's bank borrowings are secured by a cross guarantee by Chemical Corporation (U.K.) Limited, C C Holdings Limited and Giltwest Limited. The group has an overdraft facility of £1,000,000. Chemical Corporation (U.K.) Limited A debenture registered on 17th April 2000 by National Westminster Bank Plc provides a fixed and floating charge over the company's property and assets present and future on all monies due or to become due from the company to the chargee on any account whatsoever.

24. Directors' advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company and its subsidiary undertakings:

	2025
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
Mr A.D. Barham	( 157,951)	83,722	( 74,229)
	---------	--------	--------

	2024
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
Mr A.D. Barham	( 263,276)	105,325	( 157,951)
	---------	---------	---------

CC Holdings Limited

Notes to the Financial Statements (continued)

Year ended 28 February 2025

25. Related party transactions

Group

Transactions between the company and group undertakings, which are related parties, have been eliminated in the consolidated accounts and are not disclosed in this note. The following interest free loans are due from related companies:

	2025	2024
	£	£
Giltwest Limited	150,170	11,268
	---------	--------

Company

The company was under the control of Mr A.D. Barham throughout the period. The following interest free loans are due from related companies:

	2025	2024
	£	£
Giltwest Limited	10,181	10,181
	--------	--------

No other transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 102.