Billingford Holdings Limited


Director	Antony Hoodless


Company Secretary	Samantha Reeves


Registered Address	42 High Street Wanstead
	London
	E11 2RJ


Registered Number	04638764 (England and Wales)

Balance Sheet as at
31 March 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		10,820,113		9,074,503
Investments	5		102		102
			10,820,215		9,074,605
Current assets
Stocks	6	136,591		999,311
Debtors	7	725,918		545,284
Cash at bank and on hand		59,793		131,390
		922,302		1,675,985
Creditors amounts falling due within one year	8	(1,925,930)		(1,775,456)
Net current assets (liabilities)			(1,003,628)		(99,471)
Total assets less current liabilities			9,816,587		8,975,134
Creditors amounts falling due after one year	9		(3,804,973)		(2,965,888)
Provisions for liabilities	10		(1,064,104)		(1,036,348)
Net assets			4,947,510		4,972,898
Capital and reserves
Called up share capital			500		500
Profit and loss account			4,947,010		4,972,398
Shareholders' funds			4,947,510		4,972,898

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 2 September 2026, and are signed on its behalf by:

Antony Hoodless
Director
Registered Company No. 04638764

Billingford Holdings Limited

Notes to the Financial Statements
for the year ended 31 March 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: Freehold land and buildings- not provided Plant and site equipment- 20% on cost Fixtures and equipment- 40% on cost Motor vehicles- 20% on cost It is the company's policy not to depreciate freehold land and buildings which is a departure from the accounting standards. This is because the buildings are to be maintained at a high standard to ensure a long effective life so that in the view of the director the residual value is approximately the same as cost meaning that there is nothing to depreciate. Where any permanent diminution of property value occurs, a provision is made in the profit and loss account. The director's estimate of residual value is based on the price prevailing at the time of acquisition.

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Freehold land and buildings- not provided
Plant and site equipment- 20% on cost
Fixtures and equipment- 40% on cost
Motor vehicles- 20% on cost

It is the company's policy not to depreciate freehold land and buildings which is a departure from the accounting standards. This is because the buildings are to be maintained at a high standard to ensure a long effective life so that in the view of the director the residual value is approximately the same as cost meaning that there is nothing to depreciate. Where any permanent diminution of property value occurs, a provision is made in the profit and loss account. The director's estimate of residual value is based on the price prevailing at the time of acquisition.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Finance leases and hire purchase contracts
	Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over the shorter of the lease term and their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce constant periodic rates of charge on the net obligation outstanding in each period.

Finance leases and hire purchase contracts

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over the shorter of the lease term and their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce constant periodic rates of charge on the net obligation outstanding in each period.

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2026		2025
	Average number of employees during the year	4		4

3.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 April 25	8,790,395	421,826	54,600	268,924	9,535,745
Additions	1,638,642	20,340	-	598	1,659,580
Revaluations	218,358	-	-	-	218,358
At 31 March 26	10,647,395	442,166	54,600	269,522	11,413,683
Depreciation and impairment
At 01 April 25	-	220,845	41,680	198,717	461,242
Charge for year	-	64,466	7,261	60,601	132,328
At 31 March 26	-	285,311	48,941	259,318	593,570
Net book value
At 31 March 26	10,647,395	156,855	5,659	10,204	10,820,113
At 31 March 25	8,790,395	200,981	12,920	70,207	9,074,503

4.	Revaluation of property, plant and equipment
	During the year freehold land and buildings were valued on an open market basis by directors and generated revaluation gain of £218,358.

5.	Fixed asset investments

	Investments in groups¹	Total
	£	£
Cost or valuation
At 01 April 25	102	102
At 31 March 26	102	102
Net book value
At 31 March 26	102	102
At 31 March 25	102	102

	Notes
	¹Investments in group undertakings and participating interests

6.	Stocks

	2026	2025
	£	£
Work in progress	136,591	999,311
Total	136,591	999,311

7.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	14,438	79,916
Other debtors	710,481	464,380
Prepayments and accrued income	999	988
Total	725,918	545,284


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

8.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	81,996	168,717
Bank borrowings and overdrafts	366,775	218,641
Amounts owed to related parties	121,777	45,051
Taxation and social security	2,651	17,853
Finance lease and HP contracts	25,812	69,191
Other creditors	1,301,669	1,232,823
Accrued liabilities and deferred income	25,250	23,180
Total	1,925,930	1,775,456


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

9.	Creditors: amounts due after one year

	2026	2025
	£	£
Bank borrowings and overdrafts	3,798,520	2,933,623
Other creditors	6,453	32,265
Total	3,804,973	2,965,888


	Secured bank loans worth £4,165,295 (£3,152,264 2025) are included within creditors:

10.	Provisions for liabilities

	2026	2025
	£	£
Net deferred tax liability (asset)	1,064,104	1,036,348
Total	1,064,104	1,036,348

11.	Further information regarding the company's financial position
	During the year the company paid office rent and storage to Antony Hoodless to the value of £18,000 (£18,000 2025) and £12,600 (£12,600 2025)