Investacc Holdings Limited

The Group has continued to perform well; by increasing turnover, and despite one off exceptional cost in respect of office relocation, profit levels have been maintained and Balance Sheet strengthened whilst continuing to provide high levels of customer service standards across all Companies in the Group. The Directors are confident that the Group will continue to grow organically, however will consider potential acquisition opportunities, if the customer base is suitable and does not pose a risk to the continued success of the Group. The Directors consider the exposure to regulatory, credit and market risk for the Group is very low, having built up cash reserves, our capital adequacy for each Company within the Group well exceeds the regulatory requirements and does not rely on any external borrowing. Key performance indicator measurements for 2023 were as follows: 2023 2022 Turnover £8.92m £7.87m Profit before Tax £2.92m £2.91m Profit Margin 31.2% 33.7% Shareholder Funds £8.21m £6.95m