REGISTERED NUMBER: 04939909 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

A.V. BIRCH LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr W V Jones

Mr G J Clark

Mr D Tilsley-Curtis

Mr S J Heyes

Mr B T Roberts

SECRETARY:

Mr W V Jones

REGISTERED OFFICE:

Aldenham Business Park

Muckley Cross

Bridgnorth

Shropshire

WV16 4RR

REGISTERED NUMBER:

04939909 (England and Wales)

ACCOUNTANTS:

Stanton Ralph & Co Limited

Chartered Accountants

The Old Police Station

Whitburn Street

Bridgnorth

Shropshire

WV16 4QP

FIXED ASSETS

367,211

Intangible assets

4

189,111

329,910

Tangible assets

5

240,878

1,876

Investments

6

1,876

698,997

431,865

CURRENT ASSETS

834,605

Stocks

7

615,954

1,387,876

Debtors

8

1,113,901

495,345

Cash at bank and in hand

453,998

2,717,826

2,183,853

CREDITORS

1,454,479

Amounts falling due within one year

9

766,421

1,263,347

NET CURRENT ASSETS

1,417,432

1,962,344

TOTAL ASSETS LESS CURRENT LIABILITIES

1,849,297

CREDITORS

75,000

Amounts falling due after more than one year

10

25,000

1,887,344

NET ASSETS

1,824,297

CAPITAL AND RESERVES

190

Called up share capital

12

190

43

Capital redemption reserve

43

1,887,111

Retained earnings

1,824,064

1,887,344

SHAREHOLDERS' FUNDS

1,824,297

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29th September 2025 and were signed on its behalf by:

Mr G J Clark - Director

Mr W V Jones - Director

1.	STATUTORY INFORMATION

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

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Construction contracts

When the outcome of a construction contract can be estimated reliably, contract costs and turnover are recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to agreed stage payments.

Where the outcome cannot be measured reliably, contract costs are recognised as an expense in the period in which they are incurred and contract turnover is recognised to the extent of costs incurred that it is probable will be recoverable.

When it is probable that contract costs will exceed the total contract turnover, the expected loss is recognised as an expense immediately, with a corresponding provision.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Research and development

Research expenditure is written off against profits in the year in which it is incurred. Identifiable development expenditure is capitalised to the extent that the technical, commercial and financial feasibility can be demonstrated, and amortised across its useful economic life of 3 years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Leasehold improvements

-

over the period of the lease

Plant and machinery etc

-

33% on cost, 20% on cost, 15% on cost and 10% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

Stocks

Stocks and contract work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Work in progress includes labour and attributable overheads.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Payments received on account are deducted from the related contract work in progress. Excess payments on account are shown within creditors.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administration expenses.

Group relief

The benefit of group relief is accounted for within the tax charge of the profit making undertaking. No payment for group relief is made between group undertakings.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 46 (2023 - 48 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1st January 2024

and 31st December 2024

573,292

AMORTISATION

At 1st January 2024

206,081

Charge for year

178,100

At 31st December 2024

384,181

NET BOOK VALUE

At 31st December 2024

189,111

At 31st December 2023

367,211

5.	TANGIBLE FIXED ASSETS

Plant and

Leasehold

machinery

Totals

improvements

etc

£

£

£

COST

At 1st January 2024

1,077,505

85,170

992,335

Additions

43,379

-

43,379

Disposals

(49,990

)

-

(49,990

)

At 31st December 2024

1,070,894

85,170

985,724

DEPRECIATION

At 1st January 2024

747,595

85,170

662,425

Charge for year

104,917

-

104,917

Eliminated on disposal

(22,496

)

-

(22,496

)

At 31st December 2024

830,016

85,170

744,846

NET BOOK VALUE

At 31st December 2024

240,878

-

240,878

At 31st December 2023

329,910

-

329,910

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1st January 2024

and 31st December 2024

13,523

PROVISIONS

At 1st January 2024

and 31st December 2024

11,647

NET BOOK VALUE

At 31st December 2024

1,876

At 31st December 2023

1,876

7.

STOCKS

31.12.24

31.12.23

£

£

Stock

110,500

110,500

Work-in-progress

876,990

1,707,005

Customer deposits

(371,536

)

(982,900

)

615,954

834,605

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

576,281

851,328

Other debtors

3,407

2,441

Parent undertaking

340,097

304,661

Related undertakings

23,061

-

Tax

49,141

112,898

Prepayments

121,914

116,548

1,113,901

1,387,876

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

50,000

63,638

Trade creditors

356,947

753,956

Social security and other taxes

163,062

32,285

Other creditors

(70,757

)

(44,962

)

Related undertakings

567

3,069

Directors' current accounts

43,795

23,435

Accrued expenses

222,807

623,058

766,421

1,454,479

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans - 1-5 years

25,000

75,000

11.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Bank loans

75,000

138,638

Certain bank loans and the bank overdraft are secured by debentures over the company and parent company's assets.

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

150

Ordinary A

£1

150

150

16

Ordinary B2

£1

16

16

2

Ordinary B2a

£1

2

2

2

Ordinary B2b

£1

2

2

18

Ordinary B3

£1

18

18

2

Ordinary B3a

£1

2

2

190

190

13.	RELATED PARTY DISCLOSURES

The company has entered into a lease of property from AV Birch (Holdings) Limited, its parent undertaking, at annual rent of £65,000 (2023 - £65,000). The original lease term expired on 31st December 2024.

14.	PARENT UNDERTAKING

The controlling party is AV Birch Holdings Limited by virtue of its majority shareholding. AV Birch Holdings Limited is not required to prepare group accounts.

Registered office address:

Aldenham Business Park

Muckley Cross

Acton Round

Bridgnorth

WV16 4RR