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REGISTERED NUMBER: 11806907 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2022

for

B3 BUILD LIMITED

B3 BUILD LIMITED (REGISTERED NUMBER: 11806907)






Contents of the Financial Statements
FOR THE YEAR ENDED 28 FEBRUARY 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


B3 BUILD LIMITED

Company Information
FOR THE YEAR ENDED 28 FEBRUARY 2022







DIRECTOR: T Martin





REGISTERED OFFICE: The Old Barn
off Wood Street
Swanley Village
Kent
BR8 7PA





REGISTERED NUMBER: 11806907 (England and Wales)





ACCOUNTANTS: Riddingtons Ltd
The Old Barn
off Wood Street
Swanley Village
Kent
BR8 7PA

B3 BUILD LIMITED (REGISTERED NUMBER: 11806907)

Balance Sheet
28 FEBRUARY 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 20,258 22,735

CURRENT ASSETS
Stocks - 4,300
Debtors 5 97,277 31,136
Cash at bank 37,329 47,759
134,606 83,195
CREDITORS
Amounts falling due within one year 6 68,171 54,410
NET CURRENT ASSETS 66,435 28,785
TOTAL ASSETS LESS CURRENT
LIABILITIES

86,693

51,520

CREDITORS
Amounts falling due after more than one
year

7

(517

)

(6,725

)

PROVISIONS FOR LIABILITIES (3,849 ) (4,320 )
NET ASSETS 82,327 40,475

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 82,227 40,375
82,327 40,475

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

B3 BUILD LIMITED (REGISTERED NUMBER: 11806907)

Balance Sheet - continued
28 FEBRUARY 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 August 2022 and were signed by:





T Martin - Director


B3 BUILD LIMITED (REGISTERED NUMBER: 11806907)

Notes to the Financial Statements
FOR THE YEAR ENDED 28 FEBRUARY 2022

1. STATUTORY INFORMATION

B3 Build Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% on reducing balance

Stocks
Stocks is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

B3 BUILD LIMITED (REGISTERED NUMBER: 11806907)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 28 FEBRUARY 2022

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2021 31,249
Additions 1,099
At 28 February 2022 32,348
DEPRECIATION
At 1 March 2021 8,514
Charge for year 3,576
At 28 February 2022 12,090
NET BOOK VALUE
At 28 February 2022 20,258
At 28 February 2021 22,735

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 67,974 31,136
Other debtors 29,303 -
97,277 31,136

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Hire purchase contracts 6,208 6,208
Trade creditors 2,100 2,779
Taxation and social security 59,695 44,365
Other creditors 168 1,058
68,171 54,410

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2022 2021
£    £   
Hire purchase contracts 517 6,725

8. RELATED PARTY DISCLOSURES

Included in the Other Debtors is an amount owed from the company director Mr T Martin totalling £19,499 (2021 - £196 Creditor), no interest is to be charged.

The policy used for government grants is the accrual model.