Bevan Holdings Limited

Financial Statements for the Year Ended 31 March 2025

DIRECTORS:

D M Bevan

R K Lowe

J M Lewis

SECRETARY:

D M Bevan

REGISTERED OFFICE:

Fleetway

Penarth Road

Cardiff

CF11 8TY

REGISTERED NUMBER:

02667281 (England and Wales)

ACCOUNTANTS:

BPU Limited

Chartered Accountants

Radnor House

Greenwood Close

Cardiff Gate Business Park

Cardiff

CF23 8AA

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Profit and Loss Account and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Bevan Holdings Limited for the year ended 31 March 2025 which comprise the Profit & Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Bevan Holdings Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Bevan Holdings Limited and state those matters that we have agreed to state to the Board of Directors of Bevan Holdings Limited, as a body, in this report in accordance with icaew/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bevan Holdings Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Bevan Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Bevan Holdings Limited. You consider that Bevan Holdings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Bevan Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

BPU Limited

Chartered Accountants

23 December 2025

FIXED ASSETS

Tangible assets

3

885,736

768,743

Investments

4

21,995

14,913

907,731

783,656

CURRENT ASSETS

Debtors

5

1,107,031

1,169,411

Cash at bank and in hand

217,286

92,573

1,324,317

1,261,984

CREDITORS

Amounts falling due within one year

6

359,648

443,435

NET CURRENT ASSETS

964,669

818,549

TOTAL ASSETS LESS CURRENT LIABILITIES

1,872,400

1,602,205

PROVISIONS FOR LIABILITIES

57,500

7,600

NET ASSETS

1,814,900

1,594,605

CAPITAL AND RESERVES

Called up share capital

9,351

9,351

Retained earnings

1,805,549

1,585,254

SHAREHOLDERS' FUNDS

1,814,900

1,594,605

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 December 2025 and were signed on its behalf by:

D M Bevan - Director

1.	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.

Preparation of consolidated financial statements

The financial statements contain information about Bevan Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover represents the invoiced value of goods & services, net of value added tax, in relation to the provision of management services to its subsidiaries and other related parties.

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

-

Varying between 10 - 33.3% straight line

Motor vehicles

-

25% straight line

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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

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.

Hire purchase and leasing commitments

Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives.

The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.

Investments

Investments in subsidiary undertakings are stated at cost less any provisions for impairment in value.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 10 ) .

3.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2024

2,789,896

1,338,450

4,128,346

Additions

452,806

93,201

546,007

Disposals

(31,581

)

(35,537

)

(67,118

)

At 31 March 2025

3,211,121

1,396,114

4,607,235

DEPRECIATION

At 1 April 2024

2,205,781

1,153,822

3,359,603

Charge for year

331,691

82,643

414,334

Eliminated on disposal

(31,581

)

(20,857

)

(52,438

)

At 31 March 2025

2,505,891

1,215,608

3,721,499

NET BOOK VALUE

At 31 March 2025

705,230

180,506

885,736

At 31 March 2024

584,115

184,628

768,743

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

14,913

Additions

7,082

At 31 March 2025

21,995

NET BOOK VALUE

At 31 March 2025

21,995

At 31 March 2024

14,913

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

195,067

219,447

Amounts owed by group undertakings

83,119

67,149

Other debtors and prepayments

828,845

882,815

1,107,031

1,169,411

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

113,046

231,779

Amounts owed to group undertakings

39,287

-

Taxes & social security costs

70,825

84,414

Other creditors and accruals

136,490

127,242

359,648

443,435

7.	CONTROLLING INTEREST

The ultimate parent undertaking, D M Bevan Group Limited, is controlled by D M Bevan, the managing director and 100 % shareholder.

8.	ULTIMATE PARENT UNDERTAKING

The company's ultimate parent undertaking at the balance sheet date was D M Bevan Group Limited.