REGISTERED NUMBER: 11976966 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

M. BILLINGHAM HOLDINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

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

FIXED ASSETS

Intangible assets

4

30,304

8,533

Tangible assets

5

1,044,323

1,044,323

Investments

6

4,500

4,500

1,079,127

1,057,356

CURRENT ASSETS

Debtors

7

58,226

5,247

Cash at bank

22,435

201,704

80,661

206,951

CREDITORS

Amounts falling due within one year

8

7,515

60,742

NET CURRENT ASSETS

73,146

146,209

TOTAL ASSETS LESS CURRENT LIABILITIES

1,152,273

1,203,565

PROVISIONS FOR LIABILITIES

9

18,582

28,327

NET ASSETS

1,133,691

1,175,238

CAPITAL AND RESERVES

Called up share capital

4,500

4,500

Retained earnings

1,129,191

1,170,738

1,133,691

1,175,238

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

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 17 June 2025 and were signed on its behalf by:

M D Billingham - Director

J F Hancox - Director

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.

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 (2023 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Patents

and

licences

Website

Totals

£

£

£

Cost

At 1 January 2024

1

34,452

34,453

Additions

-

30,303

30,303

Disposals

-

(34,452

)

(34,452

)

At 31 December 2024

1

30,303

30,304

Amortisation

At 1 January 2024

-

25,920

25,920

Amortisation for year

-

8,532

8,532

Eliminated on disposal

-

(34,452

)

(34,452

)

At 31 December 2024

-

-

-

Net book value

At 31 December 2024

1

30,303

30,304

At 31 December 2023

1

8,532

8,533

5.	TANGIBLE FIXED ASSETS

Freehold

Plant and

property

machinery

Totals

£

£

£

Cost

At 1 January 2024

and 31 December 2024

1,044,322

1

1,044,323

Net book value

At 31 December 2024

1,044,322

1

1,044,323

At 31 December 2023

1,044,322

1

1,044,323

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

Cost

At 1 January 2024

and 31 December 2024

4,500

Net book value

At 31 December 2024

4,500

At 31 December 2023

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

2024

2023

£

£

Amounts due from subsidiary undertaking

50,000

-

Other debtors

43

988

Social security and other

taxes

1,917

-

Prepayments

6,266

4,259

58,226

5,247

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Social security and other taxes

-

45,930

Other creditors and accruals

7,515

14,812

7,515

60,742

9.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

Accelerated capital allowances

19,269

18,603

Tax losses

(19,220

)

(9,806

)

Other timing differences

(997

)

-

On unrealised surplus on

acquisition freehold property

from subsidiary company

19,530

19,530

18,582

28,327

Deferred

tax

£

Balance at 1 January 2024

28,327

Deferred tax movement

(9,745

)

Balance at 31 December 2024

18,582

10.	ULTIMATE CONTROLLING PARTY

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