REGISTERED NUMBER: 01142669 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

BEAVER INTERNATIONAL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M K Tuttey

Mrs P M Tuttey

Ms J E Paterson

A M Tuttey

SECRETARY:

Mrs P M Tuttey

REGISTERED OFFICE:

29 Arboretum Street

Nottingham

Nottinghamshire

NG1 4JA

REGISTERED NUMBER:

01142669 (England and Wales)

ACCOUNTANTS:

Lemans

Chartered Certified Accountants

29 Arboretum Street

Nottingham

Nottinghamshire

NG1 4JA

FIXED ASSETS

Tangible assets

4

200,369

104,212

CURRENT ASSETS

Stocks

5

113,703

91,085

Debtors

6

172,402

133,397

Cash at bank and in hand

108,343

206,007

394,448

430,489

CREDITORS

Amounts falling due within one year

7

201,549

233,037

NET CURRENT ASSETS

192,899

197,452

TOTAL ASSETS LESS CURRENT LIABILITIES

393,268

301,664

CREDITORS

Amounts falling due after more than one year

8

(97,930

)

(43,079

)

PROVISIONS FOR LIABILITIES

(49,452

)

(25,126

)

NET ASSETS

245,886

233,459

CAPITAL AND RESERVES

Called up share capital

9

7,750

7,750

Share premium

16,660

16,660

Retained earnings

221,476

209,049

SHAREHOLDERS' FUNDS

245,886

233,459

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 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 4 August 2026 and were signed on its behalf by:

Ms J E Paterson - Director

1.	STATUTORY INFORMATION

Beaver International 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.

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

2.	ACCOUNTING POLICIES

Going concern

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 represents amount derived from the provision of goods and services which fall within the company's ordinary activities after deduction of trade discounts and value added tax. Turnover from the sale of goods is recognised when the customer receives the goods. Turnover from the supply of services represents the value of services under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due.

Profit is recognised on long-term contracts, if the final outcome can be assessed with reasonable certainty, by including the turnover and related costs as contract activity progresses. Turnover is calculated by reference to the value of work performed to date as a proportion of the total contract value.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance and 25% on cost

Stocks

Stocks are stated at the lower of cost and net realisable value. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition.

Cost is calculated using the first in, first out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

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.

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 the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 9 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2025

47,649

201,722

68,498

317,869

Additions

-

138,768

-

138,768

Disposals

-

(49,253

)

-

(49,253

)

At 31 December 2025

47,649

291,237

68,498

407,384

DEPRECIATION

At 1 January 2025

44,641

102,880

66,136

213,657

Charge for year

752

25,683

592

27,027

Eliminated on disposal

-

(33,669

)

-

(33,669

)

At 31 December 2025

45,393

94,894

66,728

207,015

NET BOOK VALUE

At 31 December 2025

2,256

196,343

1,770

200,369

At 31 December 2024

3,008

98,842

2,362

104,212

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 January 2025

125,301

Additions

138,768

Disposals

(49,253

)

At 31 December 2025

214,816

DEPRECIATION

At 1 January 2025

27,725

Charge for year

20,681

Eliminated on disposal

(33,669

)

At 31 December 2025

14,737

NET BOOK VALUE

At 31 December 2025

200,079

At 31 December 2024

97,576

5.

STOCKS

31.12.25

31.12.24

£

£

Stock and work in progress

113,703

91,085

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

159,074

108,278

Other debtors

10,268

17,680

Directors' current accounts

613

5,062

Prepayments

2,447

2,377

172,402

133,397

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts

51,240

21,638

Payments on account

22,988

7,723

Trade creditors

61,334

105,898

Corporation tax

5,065

37,260

Social security and other taxes

25,152

13,231

Other creditors

22,000

21,899

Directors' current accounts

7,595

9,168

Accrued expenses

6,175

16,220

201,549

233,037

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts

97,930

43,079

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

7,750

Ordinary

£1

7,750

7,750

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

31.12.25

31.12.24

£

£

A M Tuttey

Balance outstanding at start of year

5,062

2,770

Amounts advanced

-

7,656

Amounts repaid

(4,449

)

(5,364

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

613

5,062

No interest has been charged on this account during the year (2024- £nil).

11.	ULTIMATE CONTROLLING PARTY

By virtue of owning all of the issued share capital the company is controlled by it's directors.