REGISTERED NUMBER: 12085026 (England and Wales)

BEACON INTERNATIONAL HOLDINGS LIMITED

GROUP STRATEGIC REPORT,

REPORT OF THE DIRECTORS AND

CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST OCTOBER 2025

Page

Company Information

1

Group Strategic Report

2

Report of the Directors

3

Report of the Independent Auditors

5

Consolidated Income Statement

8

Consolidated Other Comprehensive Income

9

Consolidated Balance Sheet

10

Company Balance Sheet

11

Consolidated Statement of Changes in Equity

12

Company Statement of Changes in Equity

13

Consolidated Cash Flow Statement

14

Notes to the Consolidated Cash Flow Statement

15

Notes to the Consolidated Financial Statements

16

DIRECTORS:

J C Goodhind

Mrs R A Goodhind

D Black

REGISTERED OFFICE:

Beauchamp House

402-403 Stourport Road

Kidderminster

Worcestershire

DY11 7BG

REGISTERED NUMBER:

12085026 (England and Wales)

AUDITORS:

Stour Accountants Limited

Chartered Certified Accountants and Statutory

Auditors

402-403 Stourport Road

Kidderminster

Worcestershire

DY11 7BG

The directors present their strategic report of the company and the group for the year ended 31st October 2025.

REVIEW OF BUSINESS

The directors are pleased to present the review of the business for the year ended 31st October 2025 and the position of the group at the end of the year. The intention is to portray a balanced and comprehensive summary of the development and performance of the group consistent with the size and relatively uncomplicated nature of the business against the background of any risks and uncertainties that may exist. In doing so, the directors have taken into account only such facts and circumstances of which they are aware at the date of this report.

There has been no change in the principal activity.

The company operates out over five UK sites based in Desborough, Bristol, London Leeds and Birmingham, and three sites in New Zealand.

The Group's principal place of business is:

Elgee Works

Victoria Street

Desborough

Northamptonshire

NN14 2LX

The key financial performance indicators of the company are turnover and operating profit.

Turnover of £13,977,888 (2024 - £14,083,667

Operating profit of £876,536 (2024 - £842,260)

PRINCIPAL RISKS AND UNCERTAINTIES

The main risk and uncertainties for the business are varying currency rates and material prices.

The Directors' keep close control of material ordering and timing of cashflow to mitigate currency loss.

ON BEHALF OF THE BOARD:

J C Goodhind - Director

19th October 2026

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

DIVIDENDS

Interim dividends per share were paid as follows:

Ordinary £0.01 shares

4.9479

- 31st October 2025

A Ordinary £0.01 shares

12.9000

- 31st October 2025

B Ordinary £0.01 shares

29.8712

- 31st October 2025

The directors recommend that no final dividends be paid.

The total distribution of dividends for the year ended 31st October 2025 will be £ 233,376 .

DIRECTORS

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

J C Goodhind

Mrs R A Goodhind

D Black

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Group Strategic Report, the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the group and of the profit or loss of the group for that period. In preparing these financial statements, the directors are required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's and the group's transactions and disclose with reasonable accuracy at any time the financial position of the company and the group and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and the group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the group's auditors are unaware, and each director has taken all the steps that he or she ought to have taken as a director in order to make himself or herself aware of any relevant audit information and to establish that the group's auditors are aware of that information.

AUDITORS

The auditors, Stour Accountants Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

J C Goodhind - Director

19th October 2026

Opinion

We have audited the financial statements of Beacon International Holdings Limited (the 'parent company') and its subsidiaries (the 'group') for the year ended 31st 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, Consolidated Cash Flow Statement and Notes to the Consolidated Cash Flow Statement, Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

-	give a true and fair view of the state of the group's and of the parent company affairs as at 31st October 2025 and of the group's profit for the year then ended;

-	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

-	have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for qualified opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The directors are responsible for the other information. The other information comprises the information in the Group Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

-	the information given in the Group Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and

-	the Group Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the group and the parent company and its environment obtained in the course of the audit, we have not identified material misstatements in the Group Strategic Report or the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

-	adequate accounting records have not been kept by the parent company, or returns adequate for our audit have not been received from branches not visited by us; or

-	the parent company financial statements are not in agreement with the accounting records and returns; or

-	certain disclosures of directors' remuneration specified by law are not made; or

-	we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the Statement of Directors' Responsibilities set out on page three, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the group's and the parent company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the group or the parent company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

As part of an audit in accordance with ISA's (UK), we exercise professional judgment and maintain professional

scepticism throughout the audit. We also:

* Identify and assess the risks of material misstatement of the financial statements,whether due to fraud or error, design

and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the

override of internal control.

* Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are

appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the company’s internal control.

* Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the directors.

* Conclude on the appropriateness of the directors’ use of the going concern basis of accounting and, based on the audit evidence obtained,whether a material uncertainty exists related to events or conditions that may cast significant doubt on the company’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the company to cease to continue as a going concern.

* Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and

whether the financial statements represent the underlying transactions and events in a manner that achieves fair

presentation.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

William David Chinn (Senior Statutory Auditor)

for and on behalf of Stour Accountants Limited

Chartered Certified Accountants and Statutory

Auditors

402-403 Stourport Road

Kidderminster

Worcestershire

DY11 7BG

19th October 2026

TURNOVER

13,977,888

14,272,667

Cost of sales

8,489,859

8,722,225

GROSS PROFIT

5,488,029

5,550,442

Administrative expenses

4,614,982

4,715,982

873,047

834,460

Other operating income

5,733

7,800

OPERATING PROFIT

4

878,780

842,260

Interest receivable and similar income

17,064

7,203

895,844

849,463

Interest payable and similar expenses

5

28,417

34,250

PROFIT BEFORE TAXATION

867,427

815,213

Tax on profit

6

346,464

327,795

PROFIT FOR THE FINANCIAL YEAR

520,963

487,418

Profit attributable to:

Owners of the parent

494,110

450,410

Non-controlling interests

26,853

37,008

520,963

487,418

PROFIT FOR THE YEAR

520,963

487,418

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

520,963

487,418

Total comprehensive income attributable to:

Owners of the parent

494,110

450,410

Non-controlling interests

26,853

37,008

520,963

487,418

FIXED ASSETS

Intangible assets

9

601,842

685,262

Tangible assets

10

1,308,918

1,221,554

Investments

11

70,000

70,000

1,980,760

1,976,816

CURRENT ASSETS

Stocks

12

3,909,177

4,267,238

Debtors

13

3,072,684

3,075,794

Cash at bank and in hand

2,607,172

1,868,154

9,589,033

9,211,186

CREDITORS

Amounts falling due within one year

14

1,810,596

2,030,805

NET CURRENT ASSETS

7,778,437

7,180,381

TOTAL ASSETS LESS CURRENT LIABILITIES

9,759,197

9,157,197

CREDITORS

Amounts falling due after more than one year

15

(495,017

)

(549,181

)

PROVISIONS FOR LIABILITIES

18

(122,964

)

(86,333

)

NET ASSETS

9,141,216

8,521,683

CAPITAL AND RESERVES

Called up share capital

19

232

232

Share premium

20

77,993

77,993

Retained earnings

20

8,927,832

8,335,152

SHAREHOLDERS' FUNDS

9,006,057

8,413,377

NON-CONTROLLING INTERESTS

135,159

108,306

TOTAL EQUITY

9,141,216

8,521,683

The financial statements were approved by the Board of Directors and authorised for issue on 19th October 2026 and were signed on its behalf by:

J C Goodhind - Director

FIXED ASSETS

Intangible assets

9

-

-

Tangible assets

10

-

-

Investments

11

105

105

105

105

CURRENT ASSETS

Debtors

13

2,121,157

2,105,028

Cash at bank and in hand

366,038

400,653

2,487,195

2,505,681

CREDITORS

Amounts falling due within one year

14

1,127,690

1,585,497

NET CURRENT ASSETS

1,359,505

920,184

TOTAL ASSETS LESS CURRENT LIABILITIES

1,359,610

920,289

CAPITAL AND RESERVES

Called up share capital

19

232

232

Share premium

20

77,993

77,993

Retained earnings

20

1,281,385

842,064

SHAREHOLDERS' FUNDS

1,359,610

920,289

Company's profit for the financial year

672,697

671,797

The financial statements were approved by the Board of Directors and authorised for issue on 19th October 2026 and were signed on its behalf by:

J C Goodhind - Director

Called up

share

Retained

Share

capital

earnings

premium

£

£

£

Balance at 1st November 2023

218

8,193,798

-

Changes in equity

Issue of share capital

14

-

77,993

Dividends

-

(293,545

)

-

Total comprehensive income

-

434,899

-

Balance at 31st October 2024

232

8,335,152

77,993

Changes in equity

Dividends

-

(233,376

)

-

Total comprehensive income

-

826,056

-

Balance at 31st October 2025

232

8,927,832

77,993

Non-controlling

Total

Total

interests

equity

£

£

£

Balance at 1st November 2023

8,194,016

71,298

8,265,314

Changes in equity

Issue of share capital

78,007

-

78,007

Dividends

(293,545

)

-

(293,545

)

Total comprehensive income

434,899

37,008

471,907

Balance at 31st October 2024

8,413,377

108,306

8,521,683

Changes in equity

Dividends

(233,376

)

-

(233,376

)

Total comprehensive income

826,056

26,853

852,909

Balance at 31st October 2025

9,006,057

135,159

9,141,216

Called up

share

Retained

Share

Total

capital

earnings

premium

equity

£

£

£

£

Balance at 1st November 2023

218

440,669

-

440,887

Changes in equity

Issue of share capital

14

-

77,993

78,007

Dividends

-

(270,402

)

-

(270,402

)

Total comprehensive income

-

671,797

-

671,797

Balance at 31st October 2024

232

842,064

77,993

920,289

Changes in equity

Dividends

-

(233,376

)

-

(233,376

)

Total comprehensive income

-

672,697

-

672,697

Balance at 31st October 2025

232

1,281,385

77,993

1,359,610

Cash flows from operating activities

Cash generated from operations

1

1,707,500

804,033

Interest paid

(27,059

)

(31,871

)

Interest element of hire purchase payments paid

(1,358

)

(2,379

)

Tax paid

(360,056

)

(490,485

)

Net cash from operating activities

1,319,027

279,298

Cash flows from investing activities

Purchase of intangible fixed assets

(1,371

)

-

Purchase of tangible fixed assets

(360,397

)

(172,802

)

Purchase of fixed asset investments

-

(89,865

)

Sale of tangible fixed assets

23,533

27,905

Interest received

17,064

7,203

Net cash from investing activities

(321,171

)

(227,559

)

Cash flows from financing activities

Capital repayments in year

(9,333

)

(24,941

)

Amount introduced by directors

50,000

78,007

Amount withdrawn by directors

(66,129

)

(100,359

)

Share issue

-

14

Equity dividends paid

(233,376

)

(270,402

)

Net cash from financing activities

(258,838

)

(317,681

)

Increase/(decrease) in cash and cash equivalents

739,018

(265,942

)

Cash and cash equivalents at beginning of year

2

1,868,154

2,134,096

Cash and cash equivalents at end of year

2

2,607,172

1,868,154

1.	RECONCILIATION OF PROFIT BEFORE TAXATION TO CASH GENERATED FROM OPERATIONS

2025

2024

£

£

Profit before taxation

867,427

815,213

Depreciation charges

222,948

243,560

Loss/(profit) on disposal of fixed assets

69,294

(3,037

)

Loss on revaluation of fixed assets

-

89,865

Exchange differences

303,077

(144,020

)

Finance costs

28,417

34,250

Finance income

(17,064

)

(7,203

)

1,474,099

1,028,628

Decrease/(increase) in stocks

358,061

(344,721

)

Decrease in trade and other debtors

19,239

202,747

Decrease in trade and other creditors

(143,899

)

(82,621

)

Cash generated from operations

1,707,500

804,033

2.	CASH AND CASH EQUIVALENTS

The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

Year ended 31st October 2025

31/10/25

1/11/24

£

£

Cash and cash equivalents

2,607,172

1,868,154

Year ended 31st October 2024

31/10/24

1/11/23

£

£

Cash and cash equivalents

1,868,154

2,134,096

3.	ANALYSIS OF CHANGES IN NET FUNDS

At 1/11/24

Cash flow

At 31/10/25

£

£

£

Net cash

Cash at bank and in hand

1,868,154

739,018

2,607,172

1,868,154

739,018

2,607,172

Debt

Finance leases

(9,333

)

9,333

-

Debts falling due within 1 year

(81,122

)

17,843

(63,279

)

Debts falling due after 1 year

(549,181

)

54,164

(495,017

)

(639,636

)

81,340

(558,296

)

Total

1,228,518

820,358

2,048,876

1.	STATUTORY INFORMATION

Beacon International Holdings 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.

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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are stated in sterling and are are rounded to the nearest £.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of 3 years.

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.

Freehold property

-

2% on cost

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance and 15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance and 20% 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 items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Consolidated Income Statement, 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.