Registration number: 2467497

B H Construction Co Limited

Contents

Strategic Report	1 to 2
Director's Report	3
Statement of Director's Responsibilities	4
Independent Auditor's Report	5 to 7
Profit and Loss Account	8
Balance Sheet	9
Statement of Changes in Equity	10
Statement of Cash Flows	11
Notes to the Financial Statements	12 to 20

B H Construction Co Limited

Strategic Report for the Year Ended 28 February 2025

The director presents his strategic report for the year ended 28 February 2025.

Principal activity

The principal activity of the company is that of civil engineering contractors.

Fair review of the business

The results for the year and financial position are as shown in the financial statements.

The company had a successful year, achieving strong operating margins, reporting an operating profit of in excess of £800k. The company remains in a strong financial position with net assets at the year-end in excess of £750k.

B H Construction Co Limited

Strategic Report for the Year Ended 28 February 2025

The company's key financial and other performance indicators during the year were as follows:

Financial KPIs	Unit	2025	2024
Turnover	£'000	10,369	10,798
Gross profit	£'000	2,452	2,730
Gross profit margin	%	24	25

Principal risks and uncertainties

Like many businesses of our size, the business environment in which we operate continues to be challenging. Competitive prices across the industry continues to put pressure on margins. The successful management of risk is essential to enable the company to deliver its strategic objectives.

Noted below is a summary of the company’s principal risks and uncertainties. Control of each of these is critical to the ongoing success of the business. As such, their management is primarily the responsibility of the director who is supported by the management throughout the company.

Financial risk:
The Company’s operations expose it to a variety of financial risks, principally credit risk and liquidity risk. The effects of credit risks are controlled by the adoption of policies that require appropriate credit checking and monitoring of new customers and also for supplier and subcontractors, particularly when placing large orders.

Liquidity risk is managed by monitoring the cash flow position to ensure that sufficient funds are available to meet amounts due for current and future operations. The company remains in a strong cash position but management are aware how suddenly this can fluctuate in the construction sector.

Market risk:
In order to minimise exposure to market risk we undertake contracts with a variety of clients. We recognise the risk of not focusing on completing our contractual obligations and therefore strive to fulfil these to a good quality, time scale and budget. Our success in this area generates repeat custom and protects the company position in the market place.

Workforce and materials risk:
If the availability of skilled workers, subcontractors or materials is insufficient to meet demand, this could lead to longer build times and increased costs, thereby reducing profitability and return on capital employed. We maintain regular contact with suppliers, negotiating contract volumes, pricing and duration. We provide high level and site-specific programme information to the subcontractor base to aid with demand planning. When selecting our subcontractors, we consider competencies particularly in relation to health and safety, quality, previous performance and financial stability.

Health and safety risk:
The Company has detailed procedures and policies in place to minimise health and safety risks which are inherent due to the nature of the business. The director takes this responsibility seriously and in order to manage this risk procedures and policies are constantly being reviewed.

Approved and authorised by the director on 26 November 2025
 

Mr P A Blake Director

B H Construction Co Limited

Director's Report for the Year Ended 28 February 2025

The director presents his report and the financial statements for the year ended 28 February 2025.

Director of the company

The director who held office during the year was as follows:

Mr P A Blake

Information included in the Strategic Report

The objectives, policies and processes for managing the risks of the company and important events since the financial period end are included in the Strategic Report.

Disclosure of information to the auditors

The director has taken steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information. The director confirms that there is no relevant information that he knows of and of which he knows the auditors are unaware.

Approved by the Board on 26 November 2025 and signed on its behalf by:

Mr P A Blake
Director

B H Construction Co Limited

Statement of Director's Responsibilities

The director acknowledges his responsibilities for preparing the Annual Report 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 company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to:

•	select suitable accounting policies and apply them consistently;

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

•	state whether applicable United Kingdom Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

•	prepare the financial statements on the going concern basis 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 for the prevention and detection of fraud and other irregularities.

B H Construction Co Limited

Independent Auditor's Report to the Members of B H Construction Co Limited

Opinion

We have audited the financial statements of B H Construction Co Limited (the 'company') for the year ended 28 February 2025, which comprise the Profit and Loss Account, Balance Sheet, Statement of Changes in Equity, Statement of Cash Flows, and 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 company's affairs as at 28 February 2025 and of its 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 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 auditor 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.

Other matter
In the previous accounting period the director of the company took advantage of audit exemption
under s477 of the Companies Act 2006, being a small company. Therefore, the prior period financial
statements were not subject to an audit.

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 company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were 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.

Other information

The director are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report 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.

B H Construction Co Limited

Independent Auditor's Report to the Members of B H Construction Co Limited

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 there is a material misstatement in the financial statements or a material misstatement of the other information. 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.

Opinion on other matter 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 Director's Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

•	the Strategic Report and Director's Report have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of our 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 and the Director's Report.

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 the director

As explained more fully in the Statement of Director's Responsibilities [set out on page 4], 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 is 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 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 have no realistic alternative but to do so.

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 an auditor’s 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 financial statements.

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

B H Construction Co Limited

Independent Auditor's Report to the Members of B H Construction Co Limited

•	Discussions held with management, including consideration of known or suspected instances of non-compliance;
•	Challenging assumptions and judgements made within significant accounting estimates;
•	Identification of key laws and regulations central to the Company's operation and review of compliance with such laws; and
•	Testing of journal entries and potential areas for management override of systems.
	Due to 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 is available on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

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 an auditor’s 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.

Robert Smith BSc FCA (Senior Statutory Auditor)
For and on behalf of RNS Chartered Accountants, Statutory Auditor
 50-54 Oswald Road
Scunthorpe
North Lincolnshire
DN15 7PQ

26 November 2025

B H Construction Co Limited

Profit and Loss Account for the Year Ended 28 February 2025

	Note	2025 £	2024 £
Turnover	3	10,369,141	10,798,496
Cost of sales		(7,917,150)	(8,068,570)
Gross profit		2,451,991	2,729,926
Administrative expenses		(1,654,828)	(1,407,776)
Other operating income		16,000	1,335
Operating profit	4	813,163	1,323,485
Other interest receivable and similar income	5	7,226	151
Profit before tax		820,389	1,323,636
Tax on profit	9	(205,149)	(325,483)
Profit for the financial year		615,240	998,153

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

B H Construction Co Limited

(Registration number: 2467497)
Balance Sheet as at 28 February 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	10	41,175	28,904
Current assets
Stocks	11	531,686	501,756
Debtors	12	1,381,172	2,449,468
Cash at bank and in hand	13	207,904	696,579
		2,120,762	3,647,803
Creditors: Amounts falling due within one year	14	(1,374,889)	(2,509,967)
Net current assets		745,873	1,137,836
Total assets less current liabilities		787,048	1,166,740
Provisions for liabilities	15	(10,294)	(7,226)
Net assets		776,754	1,159,514
Capital and reserves
Called up share capital	17	50	50
Other reserves		50	50
Retained earnings		776,654	1,159,414
Shareholders' funds		776,754	1,159,514

Approved and authorised by the director on 26 November 2025
 

Mr P A Blake Director

B H Construction Co Limited

Statement of Changes in Equity for the Year Ended 28 February 2025

	Share capital £	Other reserves £	Retained earnings £	Total £
At 1 March 2024	50	50	1,159,414	1,159,514
Profit for the year	-	-	615,240	615,240
Dividends	-	-	(998,000)	(998,000)
At 28 February 2025	50	50	776,654	776,754