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Registered number:
FOR THE YEAR ENDED 31 MARCH 2026
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A & R HOLDINGS (LONDON) LIMITED
COMPANY INFORMATION
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A & R HOLDINGS (LONDON) LIMITED
CONTENTS
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A & R HOLDINGS (LONDON) LIMITED
GROUP STRATEGIC REPORT
FOR THE YEAR ENDED 31 MARCH 2026
The director presents the Group strategic report for the year ended 31 March 2026.
The group operates predominantly in the residential sector carrying out mechanical, electrical and plumbing and heating installations in both high-rise tower blocks and housing estates, primarily in London and the South-East. The group also works in the commercial sector. The company acts as the holding entity for the group's trading subsidiaries and provides centralised administrative services for the group. The group specialises in mechanical, electrical, plumbing and heating installations.
The director is satisfied with the results for the year under review which were in line with expectations.
The group has continued to successfully deliver complex M&E schemes within an increasingly demanding niche market. The construction sector is expected to remain competitive during the coming financial year. The group continues to forge new relationships with both clients and key suppliers to help it respond to competitive market conditions. The business structure has seen major and continued investment from the previous years, resulting in significant improvements in site management with better qualified and experienced individuals occupying crucial customer facing operational roles. This level of expertise is needed as the group begins to work more closely with tier 1 construction companies. Analysis based on Key Performance Indicators The Key Performance Indicators of the group are turnover and gross profit margin. Turnover decreased from £39.9m in 24/25 to £34.3m in 25/26 and gross profit margins increased from 9.0% in 24/25 to 9.9% in 25/26. The decision to concentrate on investing in the structure across the entire business is designed to support future growth and continue improving our controls at a manageable turnover. This longer-term approach has worked and allowed us to continue to develop our people and processes as we hoped for. Market challenges still exist with the impact of inflation as well as the undoubted opportunism of materials suppliers. With the ongoing external factors such as global conflicts, we continue to feel a sense of destabilisation which has negatively affected our cost controls.
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A & R HOLDINGS (LONDON) LIMITED
GROUP STRATEGIC REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
The management of the business and the execution of the company’s strategy are exposed to several risks. These risks are reviewed by the management and appropriate processes are put in place to monitor and mitigate them.
The key risks affecting the business are: · Uncertainty in the global economy and its impact on costs, both materials and labour. · Impact on our customers and potentially their ability to trade. · Slowing of the market sector itself. · Retention of staff. · Competitive market particularly around price, quality and delivery. Mitigation of the risks has been paramount in the management planning process. We have seen the benefits of the overhauling of the estimating and procurement teams whose focus is sharper on the materials cost and control. The emphasis on the closer involvement of our key suppliers in our projects at the pre-start stage has benefited us. Diversification of our customer base remains a key activity, albeit the sales cycle can be as long as 18 months. The group’s reputation in the market has generated many tenders from potential new customers and the management team expects the benefit of this ongoing work in 26/27 and onwards. The strategy is to increase current sales levels despite economic factors that are out of our control. Our aim is to spread our risk by broadening our customer base. The group’s employees are its most important resource, with staff retention being strong. The investment in people from an aspirational and financial perspective has helped to protect the talent pool garnered. In summary, we still expect the market to remain challenging. We have recognised that and reacted accordingly with the necessary continued investment and improvements in processes and people. This year has given us the opportunity to further cement a strong base in the face of some uncertainty.
This report was approved by the board on 28 October 2026 and signed on its behalf.
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A & R HOLDINGS (LONDON) LIMITED
DIRECTOR'S REPORT
FOR THE YEAR ENDED 31 MARCH 2026
The director presents his report and the financial statements for the year ended 31 March 2026.
The director is responsible for preparing the Group strategic report, the Director's report and the consolidated financial statements in accordance with applicable law and regulations.
In preparing these financial statements, the director is required to:
∙select suitable accounting policies for the Group's financial statements and then apply them consistently;
∙make judgments and accounting estimates that are reasonable and prudent;
∙state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Group 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 the Group and to 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 the Group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The profit for the year, after taxation and minority interests, amounted to £826,135 (2025 - £1,115,358).
Ordinary dividends were paid amounting to £750,000 (2025 - £200,000). The director does not recommend payment of a further dividend.
The director who served during the year was:
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A & R HOLDINGS (LONDON) LIMITED
DIRECTOR'S REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
The company has chosen in accordance with section 414C of the Companies Act 2006, to set out financial risk management objectives and policies and future developments within the Group strategic report.
Subsequent to the year end, the Group reached settlement of a contractual matter relating to a balance outstanding at 31 March 2026. The agreed settlement amount was £342,304. As the settlement provided evidence of conditions existing at the reporting date, the financial statements have been adjusted accordingly.
There are no other subsequent events that require disclosure or adjustments to the financial statements.
The auditors, Barnes Roffe Audit Limited, will be proposed for reappointment in accordance with section 485 of the Companies Act 2006.
This report was approved by the board on
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A & R HOLDINGS (LONDON) LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF A & R HOLDINGS (LONDON) LIMITED
We have audited the financial statements of A & R Holdings (London) Limited (the 'Parent Company') and its subsidiaries (the 'Group') for the year ended 31 March 2026, which comprise the Consolidated Statement of Comprehensive Income, the Consolidated Statement of Financial Position, the Company Statement of Financial Position, the Consolidated Statement of Changes in Equity, the Company Statement of Changes in Equity, the Consolidated Statement of Cash Flows, the Consolidated analysis of net debt, 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, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).
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 Group's or 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 director with respect to going concern are described in the relevant sections of this report.
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A & R HOLDINGS (LONDON) LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF A & R HOLDINGS (LONDON) LIMITED (CONTINUED)
The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' report thereon. The director is responsible for the other information contained within the Annual Report. 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. 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 course of 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.
In our opinion, based on the work undertaken in the course of the audit:
∙the information given in the Group strategic report and the Director's report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
∙the Group strategic report and the Director's report have been prepared in accordance with applicable legal requirements.
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 Director's report.
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A & R HOLDINGS (LONDON) LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF A & R HOLDINGS (LONDON) LIMITED (CONTINUED)
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 an Auditors' report 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 Group financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below.
Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with law and regulations, was as follows:
∙The engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations;
∙We identified the laws and regulations applicable to the Company through discussion with directors and other management, and from our commercial knowledge and experience of the relevant sector;
∙The specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the Company, are as follows:
°Companies Act 2006
°FRS 102.
°Employment legislation
°Tax legislation
∙We assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and reviewing board minutes;
∙Laws and regulations were communicated within the audit team at the planning meeting, and during the audit as any further laws and regulation were identified. The audit team remained alert to instances of noncompliance throughout the audit; and
∙As auditors of all significant components within the group, we were able to cover the above matters at a group and component level and thereby ensure the audit team were aware of the above matters across group companies.
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A & R HOLDINGS (LONDON) LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF A & R HOLDINGS (LONDON) LIMITED (CONTINUED)
We assessed the susceptibility of the Company’s financial statements to material misstatement, including obtaining an understanding of how fraud might occur by:
∙Making enquiries of management as to where they consider there was susceptibility to fraud and their knowledge of actual, suspected and alleged fraud;
∙Considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations;
∙Reviewing the financial statements and testing the disclosures against supporting documentation;
∙Performing analytical procedures to identify any unusual or unexpected trends or anomalies;
∙Inspecting and testing journal entries to identify unusual or unexpected transactions;
∙Assessing whether judgement and assumptions made in determining significant accounting estimates were indicative of management bias; and
∙Investigating the rationale behind significant transactions, or transactions that are unusual or outside the company’s usual course of business.
The areas that we identified as being susceptible to misstatement through fraud were:
∙Management bias in the estimates and judgements made;
∙Management override of controls; and
∙Posting of unusual journals or transactions.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.
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 Auditors' report.
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A & R HOLDINGS (LONDON) LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF A & R HOLDINGS (LONDON) LIMITED (CONTINUED)
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 an Auditors' report 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.
for and on behalf of
Chartered Accountants & Statutory Auditors
3 Brook Business Centre
Cowley Mill Road
Middlesex
UB8 2FX
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A & R HOLDINGS (LONDON) LIMITED
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 MARCH 2026
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A & R HOLDINGS (LONDON) LIMITED
REGISTERED NUMBER: 10902599
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2026
The financial statements were approved and authorised for issue by the board and were signed on its behalf on 28 October 2026.
The notes on pages 17 to 39 form part of these financial statements.
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A & R HOLDINGS (LONDON) LIMITED
REGISTERED NUMBER: 10902599
COMPANY STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2026
The financial statements were approved and authorised for issue by the board and were signed on its behalf on
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A & R HOLDINGS (LONDON) LIMITED
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2026
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2025
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A & R HOLDINGS (LONDON) LIMITED
COMPANY STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2026
COMPANY STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2025
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A & R HOLDINGS (LONDON) LIMITED
CONSOLIDATED STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2026
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A & R HOLDINGS (LONDON) LIMITED
CONSOLIDATED ANALYSIS OF NET DEBT
FOR THE YEAR ENDED 31 MARCH 2026
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A & R HOLDINGS (LONDON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
A & R Holdings (London) Limited is a company limited by shares, incorporated in England and Wales. The registered office is First Floor, 28 Whitehorse Street, Baldock, Hertfordshire, SG7 6QQ.
The company is a holding company. The group specialises in mechanical, electrical, plumbing and heating installations.
2.Accounting policies
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006.
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 pound. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
In the parent company financial statements, the cost of a business combination is the fair value at the acquisition date of the assets given, equity instruments issued and liabilities incurred or assumed, plus costs directly attributable to the business combination.
The consolidated financial statements present the results of the Company and its own subsidiaries ("the Group") as if they form a single entity. Intercompany transactions and balances between group companies are therefore eliminated in full.
The consolidated financial statements incorporate the results of business combinations using the purchase method. In the Statement of financial position, the acquiree's identifiable assets, liabilities and contingent liabilities are initially recognised at their fair values at the acquisition date. The results of acquired operations are included in the Consolidated statement of comprehensive income from the date on which control is obtained. They are deconsolidated from the date control ceases. Non-controlling interests represent the portion of the equity in a subsidiary not attributable, directly or indirectly, to the parent company. Under FRS 102, the Group recognises non-controlling interests at the non-controlling interest’s proportionate share of the identifiable net assets of the subsidiary at the acquisition date. Subsequent to acquisition, the carrying amount of non-controlling interests is adjusted for the non-controlling interest’s share of changes in equity. The Group presents non-controlling interests within equity in the consolidated balance sheet, separately from the equity of the owners of the parent. The profit or loss and other comprehensive income of subsidiaries attributable to non-controlling interests is also disclosed separately in the consolidated statement of comprehensive income.
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A & R HOLDINGS (LONDON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
2.Accounting policies (continued)
At the time of approving the financial statements, the director has a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. The group's secured working capital facilities comprise invoice discounting arrangements through which funding is advanced against trade receivables, with associated security and guarantees as detailed in note 29. Other sources of finance include retained profits, bank loans, and support from the ultimate controlling party if needed. Having reviewed the projected working capital requirements of the group and the available facilities at the time of approving these financial statements, the board concludes that the group and company has adequate resources to continue in operational existence for the foreseeable future, and for a period of not less than twelve months from the date of approval of these financial statements, and adopts the going concern basis of accounting.
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A & R HOLDINGS (LONDON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
2.Accounting policies (continued)
Where the outcome of a construction contract can be estimated reliably, revenue and costs are recognised by reference to the stage of completion of the contract activity at the reporting date. Variations in contract work, claims and incentive payments are included to the extent that the amount can be measured reliably and its receipt is considered probable.
When it is probable that total contract costs will exceed total contract turnover, the expected loss is recognised as an expense immediately. Where the outcome of a construction contract cannot be estimated reliably, contract costs are recognised as expenses in the year in which they are incurred and contract revenue is recognised to the extent of contract costs incurred where it is probable that they will be recoverable. The "percentage of completion method" is used to determine the appropriate amount to recognise in a given year. The stage of completion is measured by the proportion of contract costs incurred for work performed to date compared to the estimated total contract costs. Costs incurred in the year in connection with future activity on a contract are excluded from contract costs in determining the stage of completion.
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A & R HOLDINGS (LONDON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
2.Accounting policies (continued)
All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.
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A & R HOLDINGS (LONDON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
2.Accounting policies (continued)
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.
Depreciation is provided on the following basis:
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of comprehensive income.
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A & R HOLDINGS (LONDON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
2.Accounting policies (continued)
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
The Group has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the Group's Statement of financial position when the Group 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 asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) 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 Group's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.
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A & R HOLDINGS (LONDON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
2.Accounting policies (continued)
Other financial assets
Other financial assets, which includes investments in equity instruments which are not classified as subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the recognised transaction price. Such assets are subsequently measured at fair value with the changes in fair value being recognised in the profit or loss. Where other financial assets are not publicly traded, hence their fair value cannot be measured reliably, they are measured at cost less impairment.
Impairment of financial assets
At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss.
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 asset(s) original effective interest rate.
If 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.
Basic 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 Group after the deduction of all its liabilities.
Basic financial liabilities, which include trade and other creditors, bank loans, other loans and loans due to fellow group companies are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments 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 creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors 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.
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A & R HOLDINGS (LONDON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
2.Accounting policies (continued)
Other financial instruments
Derivatives, including forward exchange contracts, futures contracts and interest rate swaps, are not classified as basic financial instruments. These are initially recognised at fair value on the date the derivative contract is entered into, with costs being charged to the profit or loss. They are subsequently measured at fair value with changes in the profit or loss.
Debt instruments that do not meet the conditions as set out in FRS 102 paragraph 11.9 are subsequently measured at fair value through the profit or loss. This recognition and measurement would also apply to financial instruments where the performance is evaluated on a fair value basis as with a documented risk management or investment strategy.
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 Group transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Group 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 Group's contractual obligations expire or are discharged or cancelled.
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A & R HOLDINGS (LONDON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. Key sources of estimation uncertainty The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are as follows. Percentage of completion of long-term contracts Estimation is required in determining the stage of completion of a contract at the reporting date. The percentage of completion method is used to determine the appropriate amount to recognise in a given year. The stage of completion is measured principally by reference to applications for payment and certifications prepared by the quantity surveyor, which represent management's assessment of work performed to date at the reporting date. Carrying amounts held in respect of long-term contracts at the balance sheet date are £304,693 (2025 - £749,432) of deferred income and accrued costs and £5,004,471 (2025 - £5,337,375) of amounts recoverable on long-term contracts.
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A & R HOLDINGS (LONDON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
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A & R HOLDINGS (LONDON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
Page 27
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A & R HOLDINGS (LONDON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
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A & R HOLDINGS (LONDON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
12.Taxation (continued)
There are no significant factors that may affect future tax charges.
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A & R HOLDINGS (LONDON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
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A & R HOLDINGS (LONDON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
Page 31
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A & R HOLDINGS (LONDON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
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A & R HOLDINGS (LONDON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
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A & R HOLDINGS (LONDON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
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A & R HOLDINGS (LONDON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
Page 35
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A & R HOLDINGS (LONDON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
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A & R HOLDINGS (LONDON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
Profit and loss account
The group operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the group in an independently administered fund. The pension cost charge represents contributions payable by the group to the fund and amounted to £74,402 (2025 - £35,142). Contributions totalling £11,340 (2025 - £5,616) were payable to the fund at the reporting date and are included in creditors.
29.Financial commitments, guarantees and contingent liabilities
Invoice discounting facilities are secured by way of a fixed and floating charge over all property of A & R Holdings (London) Limited, DPC Contracts (London) Limited, DPC Mechanical Limited and DPC Electrical Contracts Ltd. The group is provided with a combined credit limit to all four companies which is utilised as required. The combined contingent liability for the company in the event of default by DPC Mechanical limited, DPC Electrical Contracts Ltd and DPC Contracts (London) Limited is £1,437,126 (2025 - £1,493,157).
The parent company has guaranteed all outstanding liabilities of its subsidiary, DPC Electrical Contracts Ltd, under section 479C of the Companies Act 2006.
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A & R HOLDINGS (LONDON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
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A & R HOLDINGS (LONDON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
There are no other subsequent events that require disclosure or adjustments to the financial statements.
The ultimate controlling party is
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