32816-Lucy-Group-AR-2025 web ready spreads_FINAL

Notes to the Company Accounts continued

FINANCIAL STATEMENTS

11. Borrowings Security The two revolving loan facilities are secured against specific investment properties valued at £53.5m in 2020.

13. Dividends Information on dividends paid and declared is given in note 9 in the Group financial statements. 14. Related parties The Company has taken advantage of the exemption given in FRS 101 to not disclose transactions with other Group companies. 15. Equity – share capital

2025 £000

Loan drawdown and interest

The amount of loan drawdown at 31 December 2025 was £7.6m, split as follows: US Dollar $1.6m loans at variable rates of interest

1,189 3,763 2,636 7,588

2025 £000

2024 £000

Thai Baht THB 260m loans at variable rates of interest South African Rand ZAR 58.7m loans at variable rates of interest

Authorised: 495,000 ordinary shares of £1 each Allotted, called up and fully paid: 491,885 ordinary shares of £1 each

495

495

2025 £000

2024 £000

492

492

Maturity of borrowings

7,588

In more than one but no more than two years In more than two but no more than five years

–

16. Pensions Disclosure of Company pension schemes is given in note 25 of the Group financial statements.

– –

12,029

More than five years

–

7,588

12,029

12. Derivative financial instruments

2025

2024

Asset £000

Liability £000

Asset £000

Liability £000

Designated hedge relationships: Foreign exchange contracts

–

90

– – –

87

2,068 2,068

–

Commodity contracts

505 592

90

146

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Lucy Group Ltd Annual Report & Accounts 2025

LUCYGROUP.COM

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