Bauer Group Holdings Limited 31/12/2025 iXBRL

Company registration number: 03287152

Bauer Group Holdings Limited

Unaudited financial statements

31 December 2025

Bauer Group Holdings Limited

Contents

Directors and other information

Directors report

Accountant's report

Statement of income and retained earnings

Statement of financial position

Notes to the financial statements

Bauer Group Holdings Limited

Directors and other information


	Directors	Mr AG McClellan
		Mr David Reed


	Company number	03287152


	Registered office	Chappell House
		The Green
		Datchet
		Berkshire
		SL3 9EH


	Business address	Chappell House
		The Green
		Datchet
		Berkshire
		SL3 9EH


	Accountant	Accendo Accountants Ltd
		1st Floor
		7 Lion Street
		Abergavenny
		Monmouthshire
		NP7 5PH




	Bankers	National Westminster
		59 High Street
		Exeter
		EX4 3DL

Bauer Group Holdings Limited

Directors report

Year ended 31 December 2025

The directors present their report and the unaudited financial statements of the company for the year ended 31 December 2025.

Directors

The directors who served the company during the year were as follows:

Mr AG McClellan

Mr David Reed

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 31 July 2026 and signed on behalf of the board by:

Mr David Reed

Director

Bauer Group Holdings Limited

Report to the board of directors on the preparation of the

unaudited statutory financial statements of Bauer Group Holdings Limited

Year ended 31 December 2025

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial statements of Bauer Group Holdings Limited for the year ended 31 December 2025 which comprise the statement of income and retained earnings, statement of financial position and related notes from the company's accounting records and from information and explanations you have given me.

As a practising member of the Association of Chartered Certified Accountants , I am subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/ professional-standards/ rules-standards/acca-rulebook.html.

This report is made solely to the board of directors of Bauer Group Holdings Limited, as a body, in accordance with the terms of my engagement letter dated 31 July 2026. My work has been undertaken solely to prepare for your approval the financial statements of Bauer Group Holdings Limited and state those matters that we have agreed to state to the board of directors of Bauer Group Holdings Limited as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global /Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than Bauer Group Holdings Limited and its board of directors as a body for my work or for this report.

It is your duty to ensure that Bauer Group 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 Bauer Group Holdings Limited. You consider that Bauer Group Holdings Limited is exempt from the statutory audit requirement for the year.

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

Accendo Accountants Ltd

Chartered Certified Accountants

1st Floor

7 Lion Street

Abergavenny

Monmouthshire

NP7 5PH

31 July 2026

Bauer Group Holdings Limited

Statement of income and retained earnings

Year ended 31 December 2025

		2025	2024
	Note	£	£


Turnover		6,018,916	5,755,835
Cost of sales		( 2,491,202)	( 3,030,207)
		_______	_______
Gross profit		3,527,714	2,725,628

Distribution costs		( 106,101)	( 122,506)
Administrative expenses		1,305,717	4,670,838
		_______	_______
Operating profit		4,727,330	7,273,960

Other interest receivable and similar income		104,121	115,351
Interest payable and similar expenses		( 1,145,636)	( 1,292,339)
Profit before taxation	5	3,685,815	6,096,972

Tax on profit		( 923,643)	( 747,498)
		_______	_______
Profit for the financial year and total comprehensive income		2,762,172	5,349,474
		_______	_______

Dividends declared and paid or payable during the year		( 861,550)	( 2,723,000)

Retained earnings at the start of the year		40,070,926	37,444,452
		_______	_______
Retained earnings at the end of the year		41,971,548	40,070,926
		_______	_______

All the activities of the company are from continuing operations.

Bauer Group Holdings Limited

Statement of financial position

31 December 2025

Consolidated

		2025		2024
	Note	£	£	£	£

Fixed assets
Intangible assets	6	-		-
Tangible assets	7	61,483,379		60,213,766
		_______		_______
			61,483,379		60,213,766

Current assets
Debtors	9	3,004,225		2,679,588
Cash at bank and in hand		2,308,035		736,310
		_______		_______
		5,312,260		3,415,898
Creditors: amounts falling due
within one year	10	( 2,831,138)		( 3,844,615)
		_______		_______
Net current assets/(liabilities)			2,481,122		( 428,717)
			_______		_______
Total assets less current liabilities			63,964,501		59,785,049

Creditors: amounts falling due
after more than one year	11		( 17,245,283)		( 15,715,332)

Provisions for liabilities			( 3,742,670)		( 2,993,791)

			_______		_______
Net assets			42,976,548		41,075,926
			_______		_______

Capital and reserves
Called up share capital			505,000		505,000
Capital redemption reserve			500,000		500,000
Profit and loss account			41,971,548		40,070,926
			_______		_______
Shareholders funds			42,976,548		41,075,926
			_______		_______

Bauer Group Holdings Limited

Statement of financial position

31 December 2025

Company

		2025		2024
	Note	£	£	£	£

Fixed assets
		-		-
Investments	14	23,603,948		23,283,423
		_______		_______
			23,603,948		23,283,423

Current assets
Debtors	9	10,130,096		11,623,795
Cash at bank and in hand		2,232,367		657,354
		_______		_______
		12,362,463		12,281,149
Creditors: amounts falling due
within one year	10	(11,455,645)		(3,559,300)
		_______		_______
Net current assets/(liabilities)			906,818		8,721,849
			_______		_______
Total assets less current liabilities			24,510,766		32,005,272

			_______		_______
Net assets			24,510,766		32,005,272
			_______		_______

Capital and reserves
Called up share capital			505,000		505,000
Capital redemption reserve			500,000		500,000
Merger Reserve			1,983,635		1,983,635
Profit and loss account			21,522,131		29,016,637
			_______		_______
Shareholders funds			24,510,766		32,005,272
			_______		_______

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

These financial statements were approved by the board of directors and authorised for issue on 31 July 2026 , and are signed on behalf of the board by:

Mr David Reed

Director

Company registration number: 03287152

Bauer Group Holdings Limited

Notes to the financial statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England. The address of the registered office is Chappell House, The Green, Datchet, Berkshire, SL3 9EH.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch 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.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:


Goodwill	-	20 %	straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Freehold property	-	Nil
Plant and machinery	-	25 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

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 in finance costs in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to Nil (2024: Nil).

5. Profit before taxation

Profit before taxation is stated after charging/(crediting):

	2025	2024
	£	£
Depreciation of tangible assets	90,022	76,266
Fair value adjustments to investment property	( 2,050,175)	( 4,980,413)
	_______	_______

6. Intangible assets

	Goodwill	Total
	£	£
Cost
At 1 January 2025 and 31 December 2025	1,617,825	1,617,825
	_______	_______
Amortisation
At 1 January 2025 and 31 December 2025	1,617,825	1,617,825
	_______	_______
Carrying amount
At 31 December 2025	-	-
	_______	_______
At 31 December 2024	-	-
	_______	_______

7. Tangible assets

	Freehold property	Plant and machinery	Total
	£	£	£
Cost or valuation
At 1 January 2025	59,965,381	510,447	60,475,828
Additions	309,825	208,125	517,950
Disposals	-	( 50,490)	( 50,490)
Revaluation	2,050,175	-	2,050,175
Other movements	( 1,200,000)	-	( 1,200,000)
	_______	_______	_______
At 31 December 2025	61,125,381	668,082	61,793,463
	_______	_______	_______
Depreciation
At 1 January 2025	20,381	241,681	262,062
Charge for the year	-	90,022	90,022
Disposals	-	( 42,000)	( 42,000)
	_______	_______	_______
At 31 December 2025	20,381	289,703	310,084
	_______	_______	_______
Carrying amount
At 31 December 2025	61,105,000	378,379	61,483,379
	_______	_______	_______
At 31 December 2024	59,945,000	268,766	60,213,766
	_______	_______	_______

8. Investments


		Company
		Total
		£
	Cost
	At 1 January 2025	23,283,423
	Additions	320,525
		_______
	At 31 December 2025	23,603,948
		_______
	Impairment
	At 1 January 2025 and 31 December 2025	-
		_______
	Carrying amount
	At 31 December 2025	23,603,948
		_______
	At 31 December 2024	23,283,423
		_______

9. Debtors

	Group		Company
	2025	2024	2025	2024
	£	£	£	£
Trade debtors	94,324	96,446	-	-
Amounts owed by group undertakings and undertakings in which the company has a participating interest	45,846	4,445,321	9,042,314	11,070,844
Other debtors	2,909,901	2,583,142
	_______	_______
	3,050,071	7,124,909
	_______	_______

10. Creditors: amounts falling due within one year

	Group		Company
	2025	2024	2025	2024
	£	£	£	£
Bank loans and overdrafts	670,557	818,588	-	-
Trade creditors	458,728	537,706	124,864	122,832
Amounts owed to group undertakings and undertakings in which the company has a participating interest	-	-	11,330,782	3,436,468
Corporation tax	174,764	-	-	-
Social security and other taxes	275,295	189,083	-	-
Other creditors	1,251,794	2,299,238
	_______	_______	_______	_______
	2,831,138	3,844,615	11,455,646	3,559,300
	_______	_______	_______	_______

11. Creditors: amounts falling due after more than one year

	Group		Company
	2025	2024	2025	2024
	£	£	£	£
Bank loans and overdrafts	17,062,898	15,597,444	-	-
Other creditors	-	-	-	-
Other creditors	182,385	117,888
	_______	_______	_______	_______
	17,245,283	15,715,332	-	-
	_______	_______	_______	_______

Loans are secured by way of fixed and floating charges over the assets of the company's subsidiaries.

12. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2025
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr AG McClellan	50,000	-	( 50,000)	-
	Mr David Reed	488,500	590,211	-	1,078,711
		_______	_______	_______	_______
		538,500	590,211	( 50,000)	1,078,711
		_______	_______	_______	_______

2024
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr AG McClellan	433,000	-	( 383,000)	50,000
	Mr David Reed	840,000	-	( 351,500)	488,500
		_______	_______	_______	_______
		1,273,000	-	( 734,500)	538,500
		_______	_______	_______	_______

The Director loans are being repaid under an arm's length commercial agreement applying a market rate of interest.

13. Related party transactions

The following companies are related to Bauer Group Holdings Limited due to the equity interest of the Directors in them:Bauer Events Limited, a company registered in England and Wales Gaia Enviro-Tech Limited, a company registered in England and Wales JAD Developments (UK) Limited, a company registered in England and WalesAll transactions between the companies during the year ended 31 December 2025 were at arm's length and represented the provision of goods and services.

14. Controlling party

There is no one controlling party.

15. Wholly owned and subsidiary undertakings

The following companies are the principal wholly owned subsidiary undertakings and are included in the consolidated results for the year ended 31 December 2025 and the consolidated financial position as at 31 December 2025. All interests are by way of ordinary shares.

Subsidiary Undertaking Holding Country of Nature of

% incorporation business

S2W Property 101 Ltd 100 England and Wales Property Investment

S2W Property 102 Ltd 100 England and Wales Property Investment

S2W Property 103 Ltd 100 England and Wales Property Investment

S2W Property 104 Ltd 100 England and Wales Property Investment

Bauer Residential Ltd 100 England and Wales Property Development

Bauer Group Limited 99 England and Wales Property Management

Montgomery Storage Group Ltd 100 England and Wales Self Storage

MStore (Cornwall) Ltd 100 England and Wales Self Storage

Montgomery Investments Group Ltd 100 England and Wales Dormant