KBH Building Services Limited

	Page
Strategic Report	1—2
Director's Report	3—4
Independent Auditor's Report	5—8
Profit and Loss Account	9
Statement of Comprehensive Income	10
Balance Sheet	11
Statement of Changes in Equity	12
Statement of Cash Flows	13
Notes to the Statement of Cash Flows	14
Notes to the Financial Statements	15—23

The director presents his strategic report for the year ended 31 March 2026.

Review of the Business

The company achieved a 28% growth in turnover during the year to 31 March 2026 with an increase from £28.6m to £36.6m. This resulted in an increase in gross profit from £5.5m to £6.1m, although the gross profit margin decreased from 19% to 17%, primarily due to higher purchases, subcontractor and other direct costs which were not fully passed on to its customers. The company has continued to perform strongly in accordance with the key performance indicators that it monitors to review the progress of the business, as detailed further down in this report.

Principal Risks and Uncertainties

The principal risks faced by the company as a result of its activities and the management of those risks are detailed below:

Financial risk

The company is exposed to financial risk through its financial assets and liabilities. The key financial risk is that the proceeds from the financial assets are not sufficient to fund obligations as they fall due. ln order to manage this, the Director has ensured that there are sufficient funds set aside to cover a prolonged period of overheads should there be no additional funds available for an extended period.

Liquidity risk

To maintain liquidity and ensure that sufficient funds are available for ongoing operations, the company has maintained sufficient cash balances.

Environment

The company recognises the importance of its environmental responsibilities and monitors its impact on the environment, and designs and implements policies to reduce any damage that might be caused by the company's activities. lnitiatives are designed to minimise the impact on the environment and include improving energy use , and efficiency, paper use and recycling.

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KBH Building Services Limited

Strategic Report (continued)

For The Year Ended 31 March 2026

Key Performance indicators

Key performance indicators for the company are the following:

	2026	2025
Turnover	£36,579,017	£28,620,996
Gross Profit	£6,141,977	£5,486,041
Gross Margin	17%	19%

The company also recognises the significance of non-financial KPIs and the key ones are listed below:

Sustainability - Maintain and improve sustainability practices in all work undertaken.

We are committed to improving our sustainability with all of the work that is undertaken.

Employee Wellbeing - Continuity of employee welfare provisions.

The company takes pride in its strong staff retention rate and this is indicative of our commitment to providing a supportive and fulfilling work environment.

These non-financial indicators provide valuable insights into the company's ethos and contribute to the overall success alongside the financial measures.

On behalf of the board

K Hollyomes

Director

13 October 2026

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KBH Building Services Limited

Company No. 09142184

Director's Report For The Year Ended 31 March 2026

Director's Report

The director presents his report and the financial statements for the year ended 31 March 2026.

Principal Activity

The principal activity of the company in the year under review was that of building maintenance services.

Future Developments

Looking ahead, the company anticipates continued growth and development. The company is continuing to provide the services that it does for local authorities and housing associations. Its continued excellent service is enabling it to increase the work that it is successfully bidding for to help further the growth and expansion of the company.

Dividends

Dividends totalling £NIL (2025: £150,000) were paid during the year.

Directors

Mr K Hollyomes held office during the whole of the period from 1 April 2025 to the date of this report.

Statement of Director's Responsibilities

The director is responsible for preparing the Strategic Report, the Report of the Director and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under. that law the director has 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 director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the comprny and of the prolit or loss of the company for that period. ln preparing these financial statements, the director is required to:

- select suitable accounting policies and then apply them consistently;

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

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

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

Statement of Disclosure of Information to Auditors

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

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KBH Building Services Limited

Director's Report (continued)

For The Year Ended 31 March 2026

Independent Auditors

The auditors, Jones & Partners Limited, have indicated their willingness to continue in office and a resolution concerning their re-appointment will be proposed at the Annual General Meeting.

On behalf of the board

K Hollyomes

Director

13 October 2026

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Independent Auditor's Report

to the Members of

KBH Building Services Limited

Independent Auditor's Report

Opinion

We have audited the financial statements of KBH Building Services Limited for the year ended 31 March 2026 which comprise the Profit and Loss Account, Statement of Comprehensive Income, Balance Sheet, Statement of Changes of Equity, Cash Flow Statement and the related notes, 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 (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

In our opinion the financial statements:

give a true and fair view of the state of the company's affairs as at 31 March 2026 and of its profit/(loss) 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 Opinion

We conducted our audit in accordance with lnternational Standards on Auditing (UK) (lSAs (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 company 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 director's 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 entity's ability to continue as a going concern for a period of at least 12 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 director is responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Director, 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.

ln 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. lf 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. lf 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.

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Independent Auditor's Report (continued)

to the Members of

KBH Building Services Limited

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 Strategic Report and the Report of the Director for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- the Strategic Report and the Report of the Director 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 company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the Director.

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, or returns adequate for our audit have not been received from branches not visited by us; or

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

- certain disclosures of director's 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 Director's Responsibilities set out on page four, the director is 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 director determines necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

ln preparing the financial statements, the director is responsible for assessing the 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 director either intends to liquidate the company or to cease operations, or has no realistic alternative but to do so.

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Independent Auditor's Report (continued)

to the Members of

KBH Building Services Limited

Auditor's 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 lSAs (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:

We identified areas of laws and regulations that could reasonably be expected to have a material effect on the financial statements from our sector experience through discussion with the Directors and other management (as required by auditing standards).

We had regard to laws and regulations in areas that directly affect the financial statements including financial reporting and taxation legislation. We considered that extent of compliance with those laws and regulations as part of our procedures on the related financial statement items.

With the exception of any known or possible non-compliance, and as required by auditing standards, our work in respect of these was limited to enquiry of the Directors.

We communicated identified laws and regulations throughout our team and remained alert to any indications of non-compliance throughout the audit. We focused on specific laws and regulations which we considered may have a direct impact material effect on the financial statements, or the operations of the company which included the Companies Act 2006, taxation legislation, data protection, anti-bribery, employment, environmental and health and safety legislation.

We addressed the risk of fraud through management override of controls, by testing the appropriateness of journal entries and other adjustments; assessing whether the judgements made in making accounting estimates are indicative of a potential bias; and evaluating the business rationale of any significant transactions that are unusual or outside the normal course of business.

We addressed the risk of fraud in relation to revenue recognition by performing detailed substantive testing to address completeness and accuracy of sales; assessing the appropriateness and application of the accounting policy concerning income recognition; and performing cut-off testing either side of the balance sheet date.

Our audit procedures were designed to respond to risks of material misstatement in the financial statements, recognising that the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery, misrepresentations or through collusion. There are inherent limitations in the audit procedures performed and the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we are to become aware of it.

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

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Independent Auditor's Report (continued)

to the Members of

KBH Building Services Limited

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.

Jeffrey Lishak (Senior Statutory Auditor)

for and on behalf of Jones & Partners Limited , Statutory Auditor

13 October 2026

Jones & Partners Limited

2nd Floor, Butler House

177-178 Tottenham Court Road

London

W1T 7AF

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KBH Building Services Limited

Profit and Loss Account

For The Year Ended 31 March 2026

Profit and Loss Account

		2026	2025
	Notes	£	£
TURNOVER	3	36,579,017	28,620,996
Cost of sales		(30,429,206 )	(23,134,955 )

GROSS PROFIT		6,149,811	5,486,041

Administrative expenses		(2,007,430 )	(1,609,301 )
Other operating income		-	1,287

OPERATING PROFIT	5	4,142,381	3,878,027
Profit on disposal of fixed assets		32,827	6,599
Other interest receivable and similar income		54,610	75,050

PROFIT BEFORE TAXATION		4,229,818	3,959,676
Tax on Profit	10	(962,112 )	(1,049,051 )

PROFIT AFTER TAXATION BEING PROFIT FOR THE FINANCIAL YEAR		3,267,706	2,910,625

The notes on pages 14 to 23 form part of these financial statements.

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KBH Building Services Limited

Statement of Comprehensive Income

For The Year Ended 31 March 2026

Statement of Comprehensive Income

	2026	2025
	£	£
PROFIT FOR THE FINANCIAL YEAR	3,267,706	2,910,625
OTHER COMPREHENSIVE INCOME:
Contributions to Employee Ownership Trust	(4,980,000 )	(5,591,768 )

TOTAL COMPREHENSIVE INCOME FOR THE YEAR	(1,712,294)	(2,681,143)

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KBH Building Services Limited

Balance Sheet

As At 31 March 2026

Balance Sheet

Registered number: 09142184

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	11		502,330		591,715

			502,330		591,715
CURRENT ASSETS
Debtors	12	1,993,204		3,535,639
Cash at bank and in hand		2,971,630		4,210,033

		4,964,834		7,745,672
Creditors: Amounts Falling Due Within One Year	13	(1,593,304 )		(2,706,545 )

NET CURRENT ASSETS (LIABILITIES)			3,371,530		5,039,127

TOTAL ASSETS LESS CURRENT LIABILITIES			3,873,860		5,630,842

PROVISIONS FOR LIABILITIES
Deferred Taxation	14		(96,889 )		(141,577 )

NET ASSETS			3,776,971		5,489,265

CAPITAL AND RESERVES
Called up share capital	16		100		100
Profit and Loss Account			3,776,871		5,489,165

SHAREHOLDERS' FUNDS			3,776,971		5,489,265

The financial statements were approved by the director on 13 October 2026 and were signed by:

K Hollyomes

Director

The notes on pages 14 to 23 form part of these financial statements.

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KBH Building Services Limited

Statement of Changes in Equity

For The Year Ended 31 March 2026

Statement of Changes in Equity

	Share Capital	Profit and Loss Account	Total
	£	£	£
As at 1 April 2024	100	8,320,308	8,320,408
Profit for year	-	2,910,625	2,910,625

Contributions to Employee Ownership Trust	-	(5,591,768)	(5,591,768)

Other comprehensive income for the year	-	(5,591,768 )	(5,591,768 )

Total comprehensive income for the year	-	(2,681,143 )	(2,681,143)

Dividends paid	-	(150,000)	(150,000)

As at 31 March 2025 and 1 April 2025	100	5,489,165	5,489,265


Profit for year	-	3,267,706	3,267,706

Contributions to Employee Ownership Trust	-	(4,980,000)	(4,980,000)

Other comprehensive income for the year	-	(4,980,000 )	(4,980,000 )

Total comprehensive income for the year	-	(1,712,294 )	(1,712,294)

As at 31 March 2026	100	3,776,871	3,776,971

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KBH Building Services Limited

Statement of Cash Flows

For The Year Ended 31 March 2026

Statement of Cash Flows

		2026	2025
	Notes	£	£
Cash flows from operating activities
Net cash generated from operations	1	4,549,919	3,799,156
Tax paid		(817,818 )	(925,132 )

Net cash generated from operating activities		3,732,101	2,874,024

Cash flows from investing activities
Purchase of tangible assets		(105,930 )	(362,638 )
Proceeds from disposal of tangible assets		75,000	17,174
Interest received		54,610	75,050
Amounts loaned to associates		-	2,802,716

Net cash generated from investing activities		23,680	2,532,302

Cash flows from financing activities
Equity dividends paid		-	(150,000 )
Amount introduced by directors		-	2,604
Amount withdrawn by directors		(14,184)	-
Contributions to Employee Benefit Trust		(4,980,000)	(5,591,768)

Net cash used in financing activities		(4,994,184 )	(5,739,164 )



Decrease in cash and cash equivalents		(1,238,403 )	(332,838 )
Cash and cash equivalents at beginning of year	2	4,210,033	4,542,871

Cash and cash equivalents at end of year	2	2,971,630	4,210,033

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KBH Building Services Limited

Notes to the Statement of Cash Flows

For The Year Ended 31 March 2026

Notes to the Statement of Cash Flows

1. Reconciliation of profit for the financial year to cash generated from operations

	2026	2025
	£	£
Profit for the financial year	3,267,706	2,910,625
Adjustments for:
Tax on profit	962,112	1,049,051
Interest income	(54,610 )	(75,050 )
Depreciation of tangible assets	153,142	180,126
Profit on disposal of tangible assets	(32,827)	(6,599)
Movements in working capital:
Decrease/(increase) in trade and other debtors	1,512,321	(1,933,846 )
(Decrease)/increase in trade and other creditors	(1,257,925 )	1,674,849

Net cash generated from operations	4,549,919	3,799,156

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:

	2026	2025
	£	£
Cash at bank and in hand	2,971,630	4,210,033

3. Analysis of changes in net funds

	As at 1 April 2025	Cash flows	As at 31 March 2026
	£	£	£
Cash at bank and in hand	4,210,033	(1,238,403)	2,971,630

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KBH Building Services Limited

Notes to the Financial Statements

For The Year Ended 31 March 2026

Notes to the Financial Statements

1. General Information

KBH Building Services 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 lnformation page.

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

Monetary amounts in these financial statements are rounded to the nearest £.

2. Accounting Policies

2.1. Basis of Preparation of 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 lreland" and the Companies Act 2005. The financial statements have been prepared under the historical cost convention.

2.2. Going Concern Disclosure

The director has not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

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

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Where the company undertakes larger works for the rendering of services, the income from these services are recognised when the following criteria can be met and satisfied:

a. the amount of revenue can be measured reliably;

b. it is probable that the economic benefits associated with the transaction will flow to the entity;

c. the stage of completion of the transaction at the end of the reporting period can be measured reliably; and

d. the costs incurred for the transaction and the costs to complete the transaction can be measured reliably.

This is upon receipt of the client’s confirmation of the value of the works undertaken and completed.

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KBH Building Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.4. Tangible Fixed Assets and Depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life

Leasehold	straight line over the length of the lease
Motor Vehicles	25% on reducing balance method
Fixtures & Fittings	25% on reducing balance and 10% straight line

Tangible assets are initially recorded at cost, and 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 equity, 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 equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

2.5. Financial Instruments

The company has elected to apply the provisions of Section 11 'Basic Financial lnstruments' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the assets and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

lmpairment of financial instruments

Financial assets are assessed for indicators of impairment at each reporting date.

Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the assets(s) original effective interest rate.

...CONTINUED

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KBH Building Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.5. Financial Instruments - continued

lf there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. lf not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Derecognition of financial instruments

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the company transfers the asset and substantially all the risks and rewards of ownership to another party. lf significant risks and rewards of ownership are retained after the transfer to another party, then the company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the company's contractual obligations expire or are discharged or cancelled.

2.6. Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive lncome, 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.

...CONTINUED

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KBH Building Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.6. Taxation - continued

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.

2.7. Pensions

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. Turnover

Analysis of turnover by geographical market is as follows:

	2026	2025
	£	£
United Kingdom	36,579,017	28,620,996

	36,579,017	28,620,996

4. Other Operating Income

	2026	2025
	£	£
Other operating income	-	1,287

	-	1,287

5. Operating Profit

The operating profit is stated after charging:

	2026	2025
	£	£
Bad debts	12	9,432
Depreciation of tangible fixed assets	153,142	180,126

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KBH Building Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

6. Auditor's Remuneration

Remuneration received by the company's auditors and their associates during the year was as follows:

	2026	2025
	£	£
Audit Services
Audit of the company's financial statements	25,000	25,000

7. Staff Costs

Staff costs, including directors' remuneration, were as follows:

	2026	2025
	£	£
Wages and salaries	887,287	594,183
Social security costs	111,297	58,365
Other pension costs	131,291	184,946

	1,129,875	837,494

8. Average Number of Employees

Average number of employees, including directors, during the year was as follows:

	2026	2025
Office and administration	13	12
Management	1	1

	14	13

9. Director's remuneration

	2026	2025
	£	£
Emoluments	135,000	12,570
Company contributions to money purchase pension schemes	59,124	170,978

	194,124	183,548

The number of directors to whom retirement benefits were accruing was as follows:

	2026		2025
Money purchase pension schemes	1		1

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KBH Building Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

10. Tax on Profit

The tax charge on the profit for the year was as follows:

	Tax Rate		2026	2025
	2026	2025	£	£
Current tax
UK Corporation Tax	25.0%	25.0%	1,091,624	952,642
Prior period adjustment			(84,824 )	(45,168 )

			1,006,800	907,474
Deferred Tax
Deferred taxation			(44,688 )	141,577


Total tax charge for the period			962,112	1,049,051

The actual charge for the year can be reconciled to the expected charge for the year based on the profit and the standard rate of corporation tax as follows:

	2026	2025
	£	£
Profit before tax	4,229,818	3,959,676

Tax on profit at 25% (UK standard rate)	1,057,454	989,919
Expenses not deductible for tax purposes	42,284	49,494
Capital allowances	(8,114 )	(86,771 )
Short term timing differences	(44,688 )	141,577
Prior period adjustment	(84,824 )	(45,168 )

Total tax charge for the period	962,112	1,049,051

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KBH Building Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

11. Tangible Assets

	Land & Property
	Leasehold	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 April 2025	9,550	457,461	590,909	1,057,920
Additions	-	83,450	22,480	105,930
Disposals	(9,550 )	(74,975 )	(4,290 )	(88,815 )

As at 31 March 2026	-	465,936	609,099	1,075,035

Depreciation
As at 1 April 2025	9,550	257,987	198,668	466,205
Provided during the period	-	60,188	92,954	153,142
Disposals	(9,550 )	(32,802 )	(4,290 )	(46,642 )

As at 31 March 2026	-	285,373	287,332	572,705

Net Book Value
As at 31 March 2026	-	180,563	321,767	502,330

As at 1 April 2025	-	199,474	392,241	591,715

12. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	1,974,160	2,649,762
Amounts owed by participating interests	-	200,000
Other debtors	19,044	685,877

	1,993,204	3,535,639

13. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	416,970	1,426,416
Other creditors	224,255	65,142
Corporation tax	141,624	-
Taxation and social security	810,455	1,214,987

	1,593,304	2,706,545

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KBH Building Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

14. Deferred Taxation

The provision for deferred tax is made up as follows:

	2026	2025
	£	£
Other timing differences	96,889	141,577

15. Provisions for Liabilities


	Deferred Tax	Total
	£	£
As at 1 April 2025	141,577	141,577
Deferred taxation	(44,688 )	(44,688 )

Balance at 31 March 2026	96,889	96,889

16. Share Capital

	2026	2025
Allotted, called up and fully paid	£	£
100 Ordinary Shares of £ 1.00 each	100	100

17. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2026	2025
	£	£
Not later than one year	15,600	5,773

	15,600	5,773

18. Pension Commitments

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund.

During the year the charge to the profit and loss account in respect of defined contribution schemes was £131,291 (2025: £184,946).

At the balance sheet date contributions of £NIL were due to the fund.

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KBH Building Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

19. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2026
	£	£	£	£	£
Mr Kyle Hollyomes	-	14,183	5,450	-	8,733

The above loan is unsecured, interest free and repayable on demand.

20. Dividends

	2026	2025
	£	£
On equity shares:
Interim dividend paid	-	150,000

Paid to the director £NIL (2025: £150,000).

21. Related Party Disclosures

RKR Property Services Limited

K Hollyomes is the sole director and shareholder

During the year, the company rented office space from RKR Property Services Limited at an annual rent of £15,600 (2025: £15,600). At the year end, RKR Property Services Limited owed the company £NIL (2025: £200,000). This was an interest-free loan, repayable on demand.

Inhaus Elemental Solutions Ltd

K Hollyomes is a 50% shareholder

During the year, the company made purchases of goods and services totalling £6,547,678 (2025: £5,109,396) from Inhaus Elemental Solutions Ltd. At the year end, trade creditors included £320,400 (2025: £756,369) owed to Inhaus Elemental Solutions Ltd.

During the year, the company also made sales of goods and services totalling £69,492 (2025: £28,076) to Inhaus Elemental Solutions Ltd. At the year end, trade debtors included £63,878 (2025: £6,863) owed by Inhaus Elemental Solutions Ltd.

22. Controlling Parties

The company is wholly controlled by KBH Building Services EOT Limited, a company limited by guarantee.

The ultimate controlling party is the trustees of KBH Building Services Employee Ownership Trust, which, through KBH Building Services EOT Limited, hold the entire issued share capital of the company on behalf of the beneficiaries of the trust.

There have been no changes in ownership or control of the company since the acquisition in 2025.

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