Bh & C Ag Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 15522035 (England and Wales)

BH & C AG LTD

FINANCIAL STATEMENTS

FOR THE PERIOD 1 JULY 2024 TO 31 MAY 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

to

5

DIRECTORS:

J F S Brown

N D S Brown

REGISTERED OFFICE:

Everton Carr Farm

Claybank Lane

Everton

Doncaster

South Yorkshire

DN10 5BZ

REGISTERED NUMBER:

15522035 (England and Wales)

SENIOR STATUTORY AUDITOR:

Michael Argyle BSc ACA

AUDITORS:

Duncan & Toplis Audit Limited, Statutory Auditor

3 Castlegate

Grantham

Lincolnshire

NG31 6SF

BANKERS:

HSBC Bank Plc

26 Market Place

Sleaford

Lincolnshire

NG34 7SB

SOLICITORS:

Mossop & Bowser

10 Spalding Road

Holbeach

Lincolnshire

PE12 7LP

FIXED ASSETS

Intangible assets

4

1

-

Property, plant and equipment

5

8,133,555

-

Investments

6

47,262

-

8,180,818

-

CURRENT ASSETS

Debtors

7

2,740,291

1

Cash at bank

2,149,430

-

4,889,721

1

CREDITORS

Amounts falling due within one year

8

2,392,401

-

NET CURRENT ASSETS

2,497,320

1

TOTAL ASSETS LESS CURRENT LIABILITIES

10,678,138

1

PROVISIONS FOR LIABILITIES

2,033,389

-

NET ASSETS

8,644,749

1

CAPITAL AND RESERVES

Called up share capital

9

1

Retained earnings

8,644,748

-

SHAREHOLDERS' FUNDS

8,644,749

1

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 13 January 2026 and were signed on its behalf by:

J F S Brown - Director

1.	STATUTORY INFORMATION

Bh & C Ag Ltd 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.

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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and Companies Act 2006. The financial statements have been prepared under the historical cost convention and on the assumption that the company is a going concern.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Tangible fixed assets

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

No depreciation is provided on land and buildings.

At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is any indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If the estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount and an impairment loss is recognised immediately in the income statement.

If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment is recognised immediately in the income statement.

Investments in subsidiaries

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

Financial instruments

The company has chosen to adopt the FRS102 1A in respect of financial instruments.

Basic financial assets, including trade and other debtors and cash and bank balances are initially recognised at transaction price, unless the arrangement constitute a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

At the end of each reporting period, financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in the income statement.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Taxation

Taxation for the period 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2024 - NIL).

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

Additions

1

At 31 May 2025

1

NET BOOK VALUE

At 31 May 2025

1

5.	PROPERTY, PLANT AND EQUIPMENT

Land and

buildings

£

COST

Additions

8,133,555

Disposals

(616,534

)

Reclassification/transfer

616,534

At 31 May 2025

8,133,555

NET BOOK VALUE

At 31 May 2025

8,133,555

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

47,262

At 31 May 2025

47,262

NET BOOK VALUE

At 31 May 2025

47,262

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Amounts owed by group undertakings

2,739,089

1

VAT

1,202

-

2,740,291

1

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Amounts owed to group undertakings

1,149,287

-

Taxation

1,235,358

-

Other creditors

7,756

-

2,392,401

-

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

1

Ordinary

£1

1

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Michael Argyle BSc ACA (Senior Statutory Auditor)

for and on behalf of Duncan & Toplis Audit Limited, Statutory Auditor

11.	ULTIMATE CONTROLLING PARTY

The company's immediate and ultimate parent company is Vanellus Limited, incorporated in England and Wales.

The consolidated financial statements of Vanellus Limited are available from the registered office.

The registered office is located at:

Everton Carr Farm

Claybank Lane

Everton

Doncaster

South Yorkshire

DN10 5BZ