REGISTERED NUMBER: 01714494 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

M. BILLINGHAM & CO. LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M D Billingham

R J Billingham

H Billingham

SECRETARY:

R J Billingham

REGISTERED OFFICE:

City Estate

Corngreaves Road

Cradley Heath

West Midlands

B64 7EP

REGISTERED NUMBER:

01714494 (England and Wales)

ACCOUNTANTS:

Crowe U.K. LLP

Black Country House

Rounds Green Road

Oldbury

West Midlands

B69 2DG

FIXED ASSETS

Tangible assets

4

232,527

137,759

Investments

5

5,000

5,000

237,527

142,759

CURRENT ASSETS

Stocks

694,114

756,867

Debtors

6

219,642

260,314

Cash at bank

129,852

82,795

1,043,608

1,099,976

CREDITORS

Amounts falling due within one year

7

177,224

212,834

NET CURRENT ASSETS

866,384

887,142

TOTAL ASSETS LESS CURRENT LIABILITIES

1,103,911

1,029,901

CREDITORS

Amounts falling due after more than one year

8

(65,017

)

-

PROVISIONS FOR LIABILITIES

9

(20,505

)

(11,302

)

NET ASSETS

1,018,389

1,018,599

CAPITAL AND RESERVES

Called up share capital

4,500

4,500

Other reserves

500

500

Retained earnings

1,013,389

1,013,599

SHAREHOLDERS' FUNDS

1,018,389

1,018,599

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 18 September 2026 and were signed on its behalf by:

M D Billingham - Director

H Billingham - Director

1.	STATUTORY INFORMATION

M. Billingham & Co. 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.

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.

Turnover

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

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

-

25% on reducing balance

Fixtures and fittings

-

50% on reducing balance and 25% on reducing balance

Motor vehicles

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of overheads.

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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 defined contribution pension schemes. Contributions payable to the company's pension schemes are charged to profit and loss in the period to which they relate.

Going concern

The company has adequate cash resources to meet its requirements, accordingly the directors believe it is appropriate to prepare the financial statements on the going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 40 (2024 - 44 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

Cost

At 1 January 2025

855,052

316,189

22,448

1,193,689

Additions

146,229

2,132

-

148,361

At 31 December 2025

1,001,281

318,321

22,448

1,342,050

Depreciation

At 1 January 2025

766,423

272,310

17,197

1,055,930

Charge for year

34,343

17,937

1,313

53,593

At 31 December 2025

800,766

290,247

18,510

1,109,523

Net book value

At 31 December 2025

200,515

28,074

3,938

232,527

At 31 December 2024

88,629

43,879

5,251

137,759

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

Cost

At 1 January 2025

and 31 December 2025

5,000

Net book value

At 31 December 2025

5,000

At 31 December 2024

5,000

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Billingham Sales Limited

Registered office: City Estate, Corngreaves Road, Cradley Heath, West Midlands, B64 7EP.

Nature of business: dormant company

%

Class of shares:

holding

Ordinary

100.00

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

111,938

86,056

Other debtors

-

121,417

Amount due from holding company

59,513

-

Prepayments

48,191

52,841

219,642

260,314

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

35,196

-

Trade creditors

83,792

102,802

Amount due to subsidiary undertaking

5,000

5,000

Amount due to holding company

-

50,000

Social security and other taxes

18,812

12,513

Other creditors

7,960

8,649

Accrued expenses

26,464

33,870

177,224

212,834

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

65,017

-

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Accelerated capital allowances

41,863

23,347

Tax losses carried forward

(21,358

)

(12,045

)

20,505

11,302

Deferred

tax

£

Balance at 1 January 2025

11,302

Deferred tax movement

9,203

Balance at 31 December 2025

20,505

10.	ULTIMATE CONTROLLING PARTY

M. Billingham Holdings Limited is the parent undertaking. The ultimate controlling parties are Mr M D Billingham and Mrs R J Billingham.