REGISTERED NUMBER: 02559444 (England and Wales)

Report of the Directors and

Unaudited Consolidated Financial Statements for the Year Ended 31 October 2025

for

The Bird Group of Companies Limited

Page

Company Information

1

Report of the Directors

2

Chartered Accountants' Report

3

Consolidated Income Statement

4

Consolidated Other Comprehensive Income

5

Consolidated Balance Sheet

6

Company Balance Sheet

8

Consolidated Statement of Changes in Equity

10

Company Statement of Changes in Equity

11

Notes to the Consolidated Financial Statements

12

DIRECTORS:

S A Baker

A N Bird

A P M Bird

K D Lawley

J M Palmer

R C A Palmer

A Bird

REGISTERED OFFICE:

The Hunting Lodge

Billesley Road

Upper Billesley

Stratford Upon Avon

Warwickshire

CV37 9RA

REGISTERED NUMBER:

02559444 (England and Wales)

ACCOUNTANTS:

O'Sullivan Hughes Limited

185 Wellsway

Keynsham

Bristol

BS31 1JJ

The directors present their report with the financial statements of the company and the group for the year ended 31 October 2025.

PRINCIPAL ACTIVITY

The principal activity of the group in the year under review was that of property development, rentals and disposals. The group also manufactures and distributes horticultural and allied products.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 November 2024 to the date of this report.

S A Baker

A N Bird

A P M Bird

K D Lawley

J M Palmer

R C A Palmer

Other changes in directors holding office are as follows:

J H Elliott - resigned 30 June 2025

A Bird was appointed as a director after 31 October 2025 but prior to the date of this report.

B F Bird ceased to be a director after 31 October 2025 but prior to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

S A Baker - Director

30 July 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Bird Group of Companies Limited for the year ended 31 October 2025 which comprise the Consolidated Income Statement, Consolidated Other Comprehensive Income, Consolidated Balance Sheet, Company Balance Sheet, Consolidated Statement of Changes in Equity, Company Statement of Changes in Equity and the related notes from the company's and the group'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 http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of The Bird Group of Companies 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 The Bird Group of Companies Limited and state those matters that we have agreed to state to the Board of Directors of The Bird Group of Companies Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Bird Group of Companies Limited the company and the group and the company's Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that The Bird Group of Companies 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 loss of The Bird Group of Companies Limited. You consider that The Bird Group of Companies 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 The Bird Group of Companies 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.

O'Sullivan Hughes Limited

185 Wellsway

Keynsham

Bristol

BS31 1JJ

30 July 2026

TURNOVER

3

2,935,505

2,525,253

Cost of sales

(326,766

)

(305,959

)

GROSS PROFIT

2,608,739

2,219,294

Administrative expenses

(2,009,788

)

(1,834,993

)

598,951

384,301

Other operating income

831

3,067

OPERATING PROFIT

599,782

387,368

Interest receivable and similar income

2,573

3,263

602,355

390,631

Interest payable and similar expenses

(711,456

)

(766,179

)

LOSS BEFORE TAXATION

(109,101

)

(375,548

)

Tax on loss

5

-

-

LOSS FOR THE FINANCIAL YEAR

(109,101

)

(375,548

)

Loss attributable to:

Owners of the parent

(109,101

)

(375,548

)

LOSS FOR THE YEAR

(109,101

)

(375,548

)

OTHER COMPREHENSIVE INCOME

Actuarial gain/(loss) relating to the

25,000

110,000

pension scheme

Income tax relating to other comprehensive income

-

-

OTHER COMPREHENSIVE INCOME FOR THE YEAR, NET OF INCOME TAX

25,000

110,000

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

(84,101

)

(265,548

)

Total comprehensive income attributable to:

Owners of the parent

(84,101

)

(265,548

)

FIXED ASSETS

Tangible assets

7

17,655,731

17,722,010

Investments

8

-

-

17,655,731

17,722,010

CURRENT ASSETS

Stocks

9

869,215

879,449

Debtors

10

611,269

758,837

Cash at bank and in hand

760,378

584,830

2,240,862

2,223,116

CREDITORS

Amounts falling due within one year

11

(3,659,346

)

(2,678,879

)

NET CURRENT LIABILITIES

(1,418,484

)

(455,763

)

TOTAL ASSETS LESS CURRENT LIABILITIES

16,237,247

17,266,247

CREDITORS

Amounts falling due after more than one year

12

(6,994,445

)

(7,884,344

)

PENSION LIABILITY

14

(2,453,000

)

(2,508,000

)

NET ASSETS

6,789,802

6,873,903

CAPITAL AND RESERVES

Called up share capital

74,388

74,388

Share premium

1,314,625

1,314,625

Revaluation reserve

6,718,576

6,718,576

Capital redemption reserve

30,980

30,980

Merger reserve

(29,220

)

(29,220

)

Retained earnings

(1,319,547

)

(1,235,446

)

SHAREHOLDERS' FUNDS

6,789,802

6,873,903

The company and the group are entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company and the group to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the group 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 and the group as at the end of each financial year and of the group's 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 and the group.

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

The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2026 and were signed on its behalf by:

S A Baker - Director

FIXED ASSETS

Tangible assets

7

14,105,016

14,163,577

Investments

8

29,226

29,226

14,134,242

14,192,803

CURRENT ASSETS

Debtors

10

498,221

646,008

Cash at bank and in hand

473,812

112,413

972,033

758,421

CREDITORS

Amounts falling due within one year

11

(3,775,670

)

(2,164,469

)

NET CURRENT LIABILITIES

(2,803,637

)

(1,406,048

)

TOTAL ASSETS LESS CURRENT LIABILITIES

11,330,605

12,786,755

CREDITORS

Amounts falling due after more than one year

12

(6,227,000

)

(7,109,997

)

PENSION LIABILITY

14

(2,453,000

)

(2,508,000

)

NET ASSETS

2,650,605

3,168,758

CAPITAL AND RESERVES

Called up share capital

74,388

74,388

Share premium

1,314,625

1,314,625

Revaluation reserve

4,263,184

4,263,184

Capital redemption reserve

30,980

30,980

Retained earnings

(3,032,572

)

(2,514,419

)

SHAREHOLDERS' FUNDS

2,650,605

3,168,758

Company's loss for the financial year

(543,153

)

(474,198

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2026 and were signed on its behalf by:

S A Baker - Director

Called up

share

Retained

Share

capital

earnings

premium

£

£

£

Balance at 1 November 2023

74,388

(969,898

)

1,314,625

Changes in equity

Total comprehensive income

-

(265,548

)

-

Balance at 31 October 2024

74,388

(1,235,446

)

1,314,625

Changes in equity

Total comprehensive income

-

(84,101

)

-

Balance at 31 October 2025

74,388

(1,319,547

)

1,314,625

Capital

Revaluation

redemption

Merger

Total

reserve

reserve

reserve

equity

£

£

£

£

Balance at 1 November 2023

6,718,576

30,980

(29,220

)

7,139,451

Changes in equity

Total comprehensive income

-

-

-

(265,548

)

Balance at 31 October 2024

6,718,576

30,980

(29,220

)

6,873,903

Changes in equity

Total comprehensive income

-

-

-

(84,101

)

Balance at 31 October 2025

6,718,576

30,980

(29,220

)

6,789,802

Called up

share

Retained

Share

capital

earnings

premium

£

£

£

Balance at 1 November 2023

74,388

(2,150,221

)

1,314,625

Changes in equity

Total comprehensive income

-

(364,198

)

-

Balance at 31 October 2024

74,388

(2,514,419

)

1,314,625

Changes in equity

Total comprehensive income

-

(518,153

)

-

Balance at 31 October 2025

74,388

(3,032,572

)

1,314,625

Capital

Revaluation

redemption

Total

reserve

reserve

equity

£

£

£

Balance at 1 November 2023

4,263,184

30,980

3,532,956

Changes in equity

Total comprehensive income

-

-

(364,198

)

Balance at 31 October 2024

4,263,184

30,980

3,168,758

Changes in equity

Total comprehensive income

-

-

(518,153

)

Balance at 31 October 2025

4,263,184

30,980

2,650,605

1.	STATUTORY INFORMATION

The Bird Group of Companies 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 General Information page.

The principal activity of the group in the year under review was that of property development, rentals and disposals. The group also manufactures and distributes horticultural and allied products.

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.

The financial statements are prepared in sterling, which is the functional currency of the group. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared on the historical cost convention. The principal accounting policies adopted are set out below.

Going concern

The financial statements have been prepared on a going concern basis. In order to assess whether it is appropriate for the group to be reported as a going concern, the directors have applied judgement, having undertaken appropriate enquiries and having considered the business activities and the groups principal risks and uncertainties.

The directors have reviewed and considered relevant information including annual budgets and future cash-flows in making their assessment. In arriving at this judgement there are a number of assumptions and estimates that are applied by the group. These include, but not limited to, depreciation on tangible assets and recoverable value of debtors and stock respectively. These estimates, assumptions and judgements are also evaluated on a continual basis.

At the time of approving the financial statements, the directors have reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis in preparing the financial statements.

Turnover

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

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods and services provided in the normal course of business, net of discounts, VAT and other sales related taxes. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on dispatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Revenue is recognised evenly over the period to which it relates for rental income and at the point of unconditional exchange of contracts for property sales.

Tangible fixed assets

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

Investment property

-

No depreciation applied

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

33% on cost

Computer equipment

-

33% on cost

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method.

Provision is made for obsolete, slow-moving or defective items where appropriate.

Property stock is stated at the lower of cost and net realisable value. Cost represents buildings development and related professional costs in the development of the buildings.

Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution.

Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Financial instruments

The group has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised when the group becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other debtors, amounts due from group undertakings and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost. Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the group transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Basic financial liabilities

Basic financial liabilities, including trade and other creditors and amounts due to group undertakings are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Financial liabilities are derecognised when, and only when, the group's contractual obligations are discharged, cancelled, or they expire.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Consolidated Profit and 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period on a straight line basis where this is not materially different to the sum of the digits basis. The capital element of the future payments is treated as a liability.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account on a straight line basis over the period of the lease.

Defined benefit plans

The Group recognises a defined net benefit pension asset or liability in the balance sheet as the net total of the present value of its obligations and the fair value of plan assets out of which the obligations are to be settled.

The defined benefit liability is measured on a discounted present value basis using a rate determined by reference to market yields at the reporting date on high quality corporate bonds. Defined benefit obligations and the related expenses are measured using the projected unit credit method. Plan surpluses are recognised as a defined benefit asset only to the extent that the surplus is recoverable either through reduced contributions in the future or through refunds from the plan.

Changes in the net defined benefit asset or liability arising from employee service are recognised in profit or loss as a current service cost where it relates to services in the current period and as a past service cost where it relates to services in prior periods. Costs relating to plan introductions, benefit changes, curtailments and settlements are recognised in profit or loss in the period in which they occur.

Net interest is determined by multiplying the net defined benefit liability by the discount rate, both as determined at the start of the reporting period, taking account of any changes in the net defined benefit liability during the period as a result of contribution and benefit payments. Net interest is recognised in profit or loss.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

Provisions

Provisions are recognised when the Group has a present obligation (legal or constructive) as a result of a past event, it is probable that the Group will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

Revaluation of properties

Individual freehold properties, other than investment properties, are revalued to fair value every year with the surplus or deficit on book value being transferred to the revaluation reserve, except that a deficit which is in excess of any previously recognised surplus over depreciated cost relating to the same property, or the reversal of such a deficit, is charged (or credited) to the profit and loss account. On the disposal or recognition of a provision for impairment of a revalued fixed asset, any related balance remaining in the revaluation reserve is also transferred to the profit and loss account as a movement on reserves.

Impairment of fixed assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss.

Bank borrowings

Interest-bearing bank loans and overdrafts are recorded at the proceeds received, net of direct issue costs. Finance charges, including premiums payable on settlement or redemption and direct issue costs, are accounted for on an accruals basis in the profit or loss account using the effect interest method and are added to the carrying amount of the instrument to the extent that they are not settled in the period in which they arise.

3.

TURNOVER

The turnover and loss before taxation are attributable to the one principal activity of the group.

An analysis of turnover by class of business is given below:

2025

2024

£

£

Horticultural sales

795,328

869,191

Rental income

1,643,290

1,609,189

Other sources of income

496,887

46,873

2,935,505

2,525,253

4.	EMPLOYEES AND DIRECTORS

2025

2024

£

£

Wages and salaries

762,044

815,361

Social security costs

75,811

68,122

Other pension costs

48,106

48,041

885,961

931,524

The average number of employees during the year was as follows:

2025

2024

Directors

9

9

Administration

6

10

Labour

10

16

25

35

5.

TAXATION

Analysis of the tax charge

No liability to UK corporation tax arose for the year ended 31 October 2025 nor for the year ended 31 October 2024.

Tax effects relating to effects of other comprehensive income

2025

Gross

Tax

Net

£

£

£

Actuarial gain/(loss) relating to the

25,000

-

25,000

pension scheme

25,000

-

25,000

2024

Gross

Tax

Net

£

£

£

Actuarial gain/(loss) relating to the

110,000

-

110,000

pension scheme

110,000

-

110,000

6.	INDIVIDUAL INCOME STATEMENT

As permitted by Section 408 of the Companies Act 2006, the Income Statement of the parent company is not presented as part of these financial statements.