REGISTERED NUMBER: 02531092 (England and Wales)

Strategic Report, Report of the Directors and

Financial Statements

For The Year Ended 30 June 2025

for

Lowther Holdings Limited

Page

Company Information

1

Strategic Report

2

Report of the Directors

3

Report of the Independent Auditors

5

Statement of Comprehensive Income

8

Statement of Financial Position

9

Statement of Changes in Equity

10

Notes to the Financial Statements

11

DIRECTORS:

A J I Lowther

A J Faulkner

REGISTERED OFFICE:

The Factory

Whitchurch

Ross-on-Wye

Herefordshire

HR9 6DF

REGISTERED NUMBER:

02531092 (England and Wales)

AUDITORS:

Kingscott Dix Limited

Chartered Accountants

and Statutory Auditor

Goodridge Court

Goodridge Avenue

Gloucester

Gloucestershire

GL2 5EN

BANKERS:

HSBC Bank PLC

6 Broad Street

Worcester

WR1 2EJ

The directors present their strategic report for the year ended 30 June 2025.

PRINCIPAL ACTIVITIES

The principal activity of the Company is that of a holding company. The Company’s assets comprise tangible fixed assets, investments in group undertakings (held at cost), and investment property. The Company’s primary purpose is to manage these assets for the benefit of its shareholders.

REVIEW OF BUSINESS

The company is a holding company and received dividends of £1,200,000 (2024: £1,750,000) during the year from its main trading subsidiaries, AJ Lowther & Sons Limited and Curtis Engineering (Frome) Limited.

Dividends of £1,500,000 (2024: £6,408,945) were paid to the shareholders during the year.

The results for the year are considered satisfactory, and the financial position remains stable.

PRINCIPAL RISKS AND UNCERTAINTIES

The primary risks faced by the Company are:

- Property market risk: The value of investment property is subject to fluctuations in the property market

- Credit risk: The Company is exposed to the risk of default by tenants

- Liquidity risk: The Company relies on intra group financing and rental income to meet its obligations.

The directors monitor these risks on a regular basis and believe they are appropriately managed.

FUTURE DEVELOPMENTS

The Company will continue to pursue its strategy of holding investment property for long-term capital appreciation and rental income, while supporting the activities of its subsidiary undertakings. No major changes to the nature of the Company’s operations are anticipated in the near term.

ON BEHALF OF THE BOARD:

A J Faulkner - Director

17 October 2025

The directors present their report with the financial statements of the company for the year ended 30 June 2025.

DIVIDENDS

The total distribution of dividends for the year ended 30 June 2025 was £nil) (2024: £6,408,945).

DIRECTORS

The directors shown below have held office during the whole of the period from 1 July 2024 to the date of this report.

A J I Lowther

A J Faulkner

FINANCIAL INSTRUMENTS

The company's principal financial instruments comprise bank balances and an intercompany loan. The main purpose of these is to finance the company's operations.

Due to the nature of the financial instruments used by the company there is no exposure to price risk. The company's approach to managing other risks applicable to the financial instruments concerned is shown below.

In view of the companies operations, there is deemed to be no risk associated with liquidity as sums can be drawn on the intercompany loan to meet the payment of liabilities as they fall due.

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the 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), 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 of the profit or loss of the company 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 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.

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 company'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 company's auditors are aware of that information.

AUDITORS

The auditors, Kingscott Dix Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

A J Faulkner - Director

17 October 2025

Opinion

We have audited the financial statements of Lowther Holdings Limited (the 'company') for the year ended 30 June 2025 which comprise the Statement of Comprehensive Income, Statement of Financial Position, Statement of Changes in Equity and 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 company's affairs as at 30 June 2025 and of its profit for the year then ended;

-	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

-	have been prepared in accordance with the requirements of the Companies Act 2006.

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 company 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 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 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 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 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 company and its environment obtained in the course of the audit, we have not identified material misstatements in the 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, or returns adequate for our audit have not been received from branches not visited by us; or

-	the financial statements are not in agreement with the accounting records and returns; or

-	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 three, 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 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 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:

In assigning the audit engagement team we ensured that collectively they had the appropriate competence and capabilities to identify non-compliance with laws and regulations, highlight areas of the financial statements particularly susceptible to fraud and conduct appropriate additional enquiries where suspicions or weaknesses became evident.

At the planning stage, we assessed the susceptibility of the entity's financial statements to material misstatement, including how fraud might occur. This involved preliminary planning discussions with management to obtain their assessment of fraud risk, to identify any incidences of fraud during the year and understand the measures and controls they had taken to combat the possibility of fraud.

Our transaction testing and assessment of controls during the audit provided further evidence as to the validity of this initial assessment with regard to material misstatement and fraud.

We identified areas of law and regulations that could reasonably be expected to have a material effect on the financial statements from our general commercial and sector experience, through discussion with the Directors, and inspection of the Company's regulatory and legal correspondence. The team were briefed with regard to laws and regulations and remained alert to any indication of non-compliance throughout the audit.

The company is subject to laws and regulations that directly affect the financial statements including legislation covering financial reporting including related companies, distributable profits and taxation and we assessed the extent of compliance with these laws and regulations as part of our procedures on the related financial statement items. In assessing this compliance, we evaluated the appropriateness of accounting policies used and the reasonableness of accounting estimates in the measurement and presentation of profit within the financial statements.

The company is subject to many other laws and regulations where the consequences of non-compliance could have a material effect on amounts or disclosures in the financial statements, for instance through the imposition of fines or litigation. We identified the following areas as those most likely to have such an effect: health and safety including employment laws and GDPR, recognising the nature of the company's activities. Audit procedures designed to identify non-compliance with these laws and regulations included enquiry of the Directors and other management and inspection of regulatory and legal correspondence. None of the procedures applied identified actual or suspected non-compliance.

Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. Where an irregularity is non-financial or has not reached a stage where its impact is financial, it is less likely to be identified by auditing procedures. In addition, to the extent that an irregularity involves collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls, there remains a high risk of non-detection. We are not responsible for detecting all instances of non-compliance with laws and regulations and cannot be expected to do so.

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.

Emma Steward (Senior Statutory Auditor)

for and on behalf of Kingscott Dix Limited

Chartered Accountants

and Statutory Auditor

Goodridge Court

Goodridge Avenue

Gloucester

Gloucestershire

GL2 5EN

20 October 2025

TURNOVER

355,497

394,179

Administrative expenses

71,255

243,056

284,242

151,123

Other operating income

7,315

13,248

OPERATING PROFIT

4

291,557

164,371

Income from shares in group undertakings

1,200,000

1,750,000

Interest receivable and similar income

28,578

262,194

1,228,578

2,012,194

PROFIT BEFORE TAXATION

1,520,135

2,176,565

Tax on profit

5

85,441

106,642

PROFIT FOR THE FINANCIAL YEAR

1,434,694

2,069,923

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

1,434,694

2,069,923

FIXED ASSETS

Tangible assets

7

316,609

372,105

Investments

8

613,962

613,962

Investment property

9

1,729,282

1,958,563

2,659,853

2,944,630

CURRENT ASSETS

Debtors

10

2,068,181

2,245,240

Cash at bank

536,837

157,109

2,605,018

2,402,349

CREDITORS

Amounts falling due within one year

11

146,282

153,439

NET CURRENT ASSETS

2,458,736

2,248,910

TOTAL ASSETS LESS CURRENT LIABILITIES

5,118,589

5,193,540

PROVISIONS FOR LIABILITIES

13

59,886

69,531

NET ASSETS

5,058,703

5,124,009

CAPITAL AND RESERVES

Called up share capital

14

2,227

2,227

Share premium

15

1,077,000

1,077,000

Revaluation reserve

15

320,498

320,498

Capital redemption reserve

15

775

775

Retained earnings

15

3,658,203

3,723,509

SHAREHOLDERS' FUNDS

5,058,703

5,124,009

The financial statements were approved by the Board of Directors and authorised for issue on 17 October 2025 and were signed on its behalf by:

A J I Lowther - Director

A J Faulkner - Director

Called up

share

Retained

Share

capital

earnings

premium

£

£

£

Balance at 1 July 2023

2,227

8,062,531

1,077,000

Changes in equity

Dividends

-

(6,408,945

)

-

Total comprehensive income

-

2,069,923

-

Balance at 30 June 2024

2,227

3,723,509

1,077,000

Changes in equity

Dividends

-

(1,500,000

)

-

Total comprehensive income

-

1,434,694

-

Balance at 30 June 2025

2,227

3,658,203

1,077,000

Capital

Revaluation

redemption

Total

reserve

reserve

equity

£

£

£

Balance at 1 July 2023

320,498

775

9,463,031

Changes in equity

Dividends

-

-

(6,408,945

)

Total comprehensive income

-

-

2,069,923

Balance at 30 June 2024

320,498

775

5,124,009

Changes in equity

Dividends

-

-

(1,500,000

)

Total comprehensive income

-

-

1,434,694

Balance at 30 June 2025

320,498

775

5,058,703

1.	STATUTORY INFORMATION

Lowther Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Financial Reporting Standard 102 - reduced disclosure exemptions

The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":

•

the requirements of Section 7 Statement of Cash Flows;

•

the requirement of paragraph 33.7.

Preparation of consolidated financial statements

The financial statements contain information about Lowther Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertakings are included by full consolidation in the consolidated financial statements of its parent, Whitchurch Holdings Limited, The Factory, Whitchurch, Ross On Wye, Herefordshire, HR9 6DF.

Turnover

Turnover represents amounts received or receivable for management services provided to its subsidiaries in the year, net of value added tax and arises solely in the United Kingdom.

Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is calculated to write off the cost of fixed assets less their residual values over their estimated useful lives at the following rates per annum:

Plant and machinery

- 15% on reducing balance

No depreciation is provided on freehold land and buildings because in the directors opinion the real (inflation adjusted) estimated residual value is not less than the carrying value in the accounts.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

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

Other financial assets

Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss, except that investments in equity instruments that are not publically traded and whose fair values cannot be measured reliably are measured at cost less impairment.

Trade debtors, loans and other receivables that have fixed or determinable payments that are not quoted in an active market are classified as 'loans and receivables'. Loans and receivables are measured at amortised cost using the effective interest method, less any impairment.

Interest is recognised by applying the effective interest rate, except for short-term receivables when the recognition of interest would be immaterial. The effective interest method is a method of calculating the amortised cost of a debt instrument and of allocating the interest income over the relevant period. The effective interest rate is the rate that exactly discounts estimated future cash receipts through the expected life of the debt instrument to the net carrying amount on initial recognition.

Impairment of financial assets

Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date.

Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. The impairment loss is recognised in profit or loss.

Derecognition of financial assets

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire, or when it transfers the financial asset and substantially all the risks and rewards of ownership to another entity.

Classification of 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 company after deducting all of its liabilities.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

30.6.25

30.6.24

£

£

Wages and salaries

-

20,465

Social security costs

-

1,657

Other pension costs

-

125,000

-

147,122

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

30.6.25

30.6.24

Directors

2

2

30.6.25

30.6.24

£

£

Directors' remuneration

-

21,329

Directors' pension contributions to money purchase schemes

-

125,000

4.	OPERATING PROFIT

The operating profit is stated after charging:

30.6.25

30.6.24

£

£

Depreciation - owned assets

55,496

65,291

Loss on disposal of fixed assets

5,658

-

Auditors' remuneration

3,475

5,000

Auditors' remuneration for non audit work

-

8,550

5.

TAXATION

Analysis of the tax charge

The tax charge on the profit for the year was as follows:

30.6.25

30.6.24

£

£

Current tax:

UK corporation tax

91,591

117,807

Underprovision in prior year

3,495

-

Total current tax

95,086

117,807

Deferred tax

(9,645

)

(11,165

)

Tax on profit

85,441

106,642

Reconciliation of total tax charge included in profit and loss

The tax assessed for the year is lower than the standard rate of corporation tax in the UK. The difference is explained below:

30.6.25

30.6.24

£

£

Profit before tax

1,520,135

2,176,565

Profit multiplied by the standard rate of corporation tax in the UK of 25% (2024 - 25%)

380,034

544,141

Effects of:

Expenses not deductible for tax purposes

498

-

Tax not payable on group dividend

(300,000

)

(437,499

)

Loss on disposal of investment property

1,414

-

Overprovision in prior year

3,495

-

Total tax charge

85,441

106,642

6.

DIVIDENDS

30.6.25

30.6.24

£

£

Dividends paid

1,500,000

6,408,945

7.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 July 2024

and 30 June 2025

1,085,165

DEPRECIATION

At 1 July 2024

713,060

Charge for year

55,496

At 30 June 2025

768,556

NET BOOK VALUE

At 30 June 2025

316,609

At 30 June 2024

372,105

8.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 July 2024

and 30 June 2025

613,962

NET BOOK VALUE

At 30 June 2025

613,962

At 30 June 2024

613,962

The company's investments at the Statement of Financial Position date in the share capital of companies include the following:

A J Lowther & Son Limited

Registered office: The Factory, Whitchurch, Ross-on-Wye, United Kingdom, HRH 6DF

Nature of business: Structural Engineers

%

Class of shares:

holding

Ordinary

100.00

Curtis Engineering (Frome) Limited

Registered office: The Factory, Whitchurch, Ross-on-Wye, United Kingdom, HR9 6DF

Nature of business: Engineering

%

Class of shares:

holding

Ordinary

100.00

Lowther Renewables Ltd

Registered office: The Factory, Whitchurch, Ross-on-Wye, United Kingdom, HR9 6DF

Nature of business: Production of electricity

%

Class of shares:

holding

Ordinary

100.00

9.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 July 2024

1,958,563

Disposals

(229,281

)

At 30 June 2025

1,729,282

NET BOOK VALUE

At 30 June 2025

1,729,282

At 30 June 2024

1,958,563

Fair value at 30 June 2025 is represented by:

£

Valuation in 2015

420,456

Valuation in 2017

(99,958

)

Cost

1,408,784

1,729,282

10.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade debtors

12,647

9,908

Amounts owed by group undertakings

2,055,534

2,227,597

Other debtors

-

7,735

2,068,181

2,245,240

11.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade creditors

7,120

31,132

Corporation tax

91,591

117,807

Social security and other taxes

44,321

-

Other creditors

3,250

4,500

146,282

153,439

12.	LEASING AGREEMENTS

As at year end, the company had the following commitments as a lessor:

30.06.25

30.06.24

£

£

Within one year

14,000

-

Between one and five years

49,000

-

63,000

-

13.	PROVISIONS FOR LIABILITIES

30.6.25

30.6.24

£

£

Deferred tax

Accelerated capital allowances

59,886

69,531

Deferred

tax

£

Balance at 1 July 2024

69,531

Accelerated capital allowances

(9,645

)

Balance at 30 June 2025

59,886

14.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

30.6.25

30.6.24

value:

£

£

2,227

Ordinary shares

£1

2,227

2,227

15.

RESERVES

Capital

Retained

Share

Revaluation

redemption

earnings

premium

reserve

reserve

Totals

£

£

£

£

£

At 1 July 2024

3,723,509

1,077,000

320,498

775

5,121,782

Profit for the year

1,434,694

1,434,694

Dividends

(1,500,000

)

(1,500,000

)

At 30 June 2025

3,658,203

1,077,000

320,498

775

5,056,476

16.	CONSOLIDATED GROUP ACCOUNTS

Whitchurch Holdings Limited, the parent company of Lowther Holdings Limited, prepare consolidated financial statements for the year ended 30 June 2025.

Information regarding the consolidated financial statements of Whitchurch Holdings Limited can be obtained from the registered office The Factory, Whitchurch, Ross-on-Wye, United Kingdom, HR9 6DF.

All companies are incorporated in England and Wales.