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REGISTERED NUMBER: 11976966 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

M. BILLINGHAM HOLDINGS LIMITED

M. BILLINGHAM HOLDINGS LIMITED (REGISTERED NUMBER: 11976966)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


M. BILLINGHAM HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: M D Billingham
Mrs R J Billingham
H Billingham
J F Hancox





SECRETARY: Mrs R J Billingham





REGISTERED OFFICE: City Estate
Corngreaves Road
Cradley Heath
West Midlands
B64 7EP





REGISTERED NUMBER: 11976966 (England and Wales)





ACCOUNTANTS: Crowe U.K. LLP
Black Country House
Rounds Green Road
Oldbury
West Midlands
B69 2DG

M. BILLINGHAM HOLDINGS LIMITED (REGISTERED NUMBER: 11976966)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 8,533 18,593
Tangible assets 5 1,044,323 975,001
Investments 6 4,500 4,500
1,057,356 998,094

CURRENT ASSETS
Debtors 7 5,247 240
Cash at bank 201,704 240,005
206,951 240,245
CREDITORS
Amounts falling due within one year 8 60,742 41,339
NET CURRENT ASSETS 146,209 198,906
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,203,565

1,197,000

PROVISIONS FOR LIABILITIES 9 28,327 24,150
NET ASSETS 1,175,238 1,172,850

CAPITAL AND RESERVES
Called up share capital 4,500 4,500
Retained earnings 1,170,738 1,168,350
1,175,238 1,172,850

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

M. BILLINGHAM HOLDINGS LIMITED (REGISTERED NUMBER: 11976966)

BALANCE SHEET - continued
31 DECEMBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 April 2024 and were signed on its behalf by:




M D Billingham - Director



J F Hancox - Director


M. BILLINGHAM HOLDINGS LIMITED (REGISTERED NUMBER: 11976966)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

M. Billingham 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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. Amortisation is provided over three years from when the asset is first brought into use.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

M. BILLINGHAM HOLDINGS LIMITED (REGISTERED NUMBER: 11976966)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


2. ACCOUNTING POLICIES - continued

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

The average number of employees during the year was 4 (2022 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Patents
and
licences Website Totals
£    £    £   
COST
At 1 January 2023 1 33,526 33,527
Additions - 926 926
At 31 December 2023 1 34,452 34,453
AMORTISATION
At 1 January 2023 - 14,934 14,934
Amortisation for year - 10,986 10,986
At 31 December 2023 - 25,920 25,920
NET BOOK VALUE
At 31 December 2023 1 8,532 8,533
At 31 December 2022 1 18,592 18,593

5. TANGIBLE FIXED ASSETS
Freehold Plant and
property machinery Totals
£    £    £   
COST
At 1 January 2023 975,000 1 975,001
Additions 69,322 - 69,322
At 31 December 2023 1,044,322 1 1,044,323
NET BOOK VALUE
At 31 December 2023 1,044,322 1 1,044,323
At 31 December 2022 975,000 1 975,001

M. BILLINGHAM HOLDINGS LIMITED (REGISTERED NUMBER: 11976966)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2023
and 31 December 2023 4,500
NET BOOK VALUE
At 31 December 2023 4,500
At 31 December 2022 4,500

The company owns 100% of the ordinary share capital of M. Billingham & Co. Limited. The registered office is City Estate, Corngreaves Road, Cradley Heath, West Midlands B64 7EP.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 988 240
Prepayments 4,259 -
5,247 240

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Corporation tax - 1,858
Social security and other taxes 45,930 35,784
Other creditors and accruals 14,812 3,697
60,742 41,339

9. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax
Accelerated capital allowances 18,603 4,620
Tax losses (9,806 ) -
On unrealised surplus on
acquisition freehold property
from subsidiary company 19,530 19,530
28,327 24,150

M. BILLINGHAM HOLDINGS LIMITED (REGISTERED NUMBER: 11976966)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


9. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 January 2023 24,150
Deferred tax movement 4,177
Balance at 31 December 2023 28,327

10. ULTIMATE CONTROLLING PARTY

The controlling parties are Mr M D Billingham and Mrs R J Billingham.