2022-04-012023-03-312023-03-31false08545152BUILDGURU LTD2023-10-2943390iso4217:GBPxbrli:pure085451522022-04-01085451522023-03-31085451522022-04-012023-03-31085451522021-04-01085451522022-03-31085451522021-04-012022-03-3108545152bus:SmallEntities2022-04-012023-03-3108545152bus:AuditExempt-NoAccountantsReport2022-04-012023-03-3108545152bus:AbridgedAccounts2022-04-012023-03-3108545152bus:PrivateLimitedCompanyLtd2022-04-012023-03-3108545152core:WithinOneYear2023-03-3108545152core:AfterOneYear2023-03-3108545152core:WithinOneYear2022-03-3108545152core:AfterOneYear2022-03-3108545152core:ShareCapital2023-03-3108545152core:SharePremium2023-03-3108545152core:RevaluationReserve2023-03-3108545152core:OtherReservesSubtotal2023-03-3108545152core:RetainedEarningsAccumulatedLosses2023-03-3108545152core:ShareCapital2022-03-3108545152core:SharePremium2022-03-3108545152core:RevaluationReserve2022-03-3108545152core:OtherReservesSubtotal2022-03-3108545152core:RetainedEarningsAccumulatedLosses2022-03-3108545152core:LandBuildings2023-03-3108545152core:PlantMachinery2023-03-3108545152core:Vehicles2023-03-3108545152core:FurnitureFittings2023-03-3108545152core:OfficeEquipment2023-03-3108545152core:NetGoodwill2023-03-3108545152core:IntangibleAssetsOtherThanGoodwill2023-03-3108545152core:ListedExchangeTraded2023-03-3108545152core:UnlistedNon-exchangeTraded2023-03-3108545152core:LandBuildings2022-03-3108545152core:PlantMachinery2022-03-3108545152core:Vehicles2022-03-3108545152core:FurnitureFittings2022-03-3108545152core:OfficeEquipment2022-03-3108545152core:NetGoodwill2022-03-3108545152core:IntangibleAssetsOtherThanGoodwill2022-03-3108545152core:ListedExchangeTraded2022-03-3108545152core:UnlistedNon-exchangeTraded2022-03-3108545152core:LandBuildings2022-04-012023-03-3108545152core:PlantMachinery2022-04-012023-03-3108545152core:Vehicles2022-04-012023-03-3108545152core:FurnitureFittings2022-04-012023-03-3108545152core:OfficeEquipment2022-04-012023-03-3108545152core:NetGoodwill2022-04-012023-03-3108545152core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3108545152core:ListedExchangeTraded2022-04-012023-03-3108545152core:UnlistedNon-exchangeTraded2022-04-012023-03-3108545152core:MoreThanFiveYears2022-04-012023-03-3108545152core:Non-currentFinancialInstruments2023-03-3108545152core:Non-currentFinancialInstruments2022-03-3108545152dpl:CostSales2022-04-012023-03-3108545152dpl:DistributionCosts2022-04-012023-03-3108545152core:LandBuildings2022-04-012023-03-3108545152core:PlantMachinery2022-04-012023-03-3108545152core:Vehicles2022-04-012023-03-3108545152core:FurnitureFittings2022-04-012023-03-3108545152core:OfficeEquipment2022-04-012023-03-3108545152dpl:AdministrativeExpenses2022-04-012023-03-3108545152core:NetGoodwill2022-04-012023-03-3108545152core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3108545152dpl:GroupUndertakings2022-04-012023-03-3108545152dpl:ParticipatingInterests2022-04-012023-03-3108545152dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3108545152core:ListedExchangeTraded2022-04-012023-03-3108545152dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3108545152core:UnlistedNon-exchangeTraded2022-04-012023-03-3108545152dpl:CostSales2021-04-012022-03-3108545152dpl:DistributionCosts2021-04-012022-03-3108545152core:LandBuildings2021-04-012022-03-3108545152core:PlantMachinery2021-04-012022-03-3108545152core:Vehicles2021-04-012022-03-3108545152core:FurnitureFittings2021-04-012022-03-3108545152core:OfficeEquipment2021-04-012022-03-3108545152dpl:AdministrativeExpenses2021-04-012022-03-3108545152core:NetGoodwill2021-04-012022-03-3108545152core:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-3108545152dpl:GroupUndertakings2021-04-012022-03-3108545152dpl:ParticipatingInterests2021-04-012022-03-3108545152dpl:GroupUndertakingscore:ListedExchangeTraded2021-04-012022-03-3108545152core:ListedExchangeTraded2021-04-012022-03-3108545152dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-04-012022-03-3108545152core:UnlistedNon-exchangeTraded2021-04-012022-03-3108545152core:NetGoodwill2023-03-3108545152core:IntangibleAssetsOtherThanGoodwill2023-03-3108545152core:LandBuildings2023-03-3108545152core:PlantMachinery2023-03-3108545152core:Vehicles2023-03-3108545152core:FurnitureFittings2023-03-3108545152core:OfficeEquipment2023-03-3108545152core:AfterOneYear2023-03-3108545152core:WithinOneYear2023-03-3108545152core:ListedExchangeTraded2023-03-3108545152core:UnlistedNon-exchangeTraded2023-03-3108545152core:ShareCapital2023-03-3108545152core:SharePremium2023-03-3108545152core:RevaluationReserve2023-03-3108545152core:OtherReservesSubtotal2023-03-3108545152core:RetainedEarningsAccumulatedLosses2023-03-3108545152core:NetGoodwill2022-03-3108545152core:IntangibleAssetsOtherThanGoodwill2022-03-3108545152core:LandBuildings2022-03-3108545152core:PlantMachinery2022-03-3108545152core:Vehicles2022-03-3108545152core:FurnitureFittings2022-03-3108545152core:OfficeEquipment2022-03-3108545152core:AfterOneYear2022-03-3108545152core:WithinOneYear2022-03-3108545152core:ListedExchangeTraded2022-03-3108545152core:UnlistedNon-exchangeTraded2022-03-3108545152core:ShareCapital2022-03-3108545152core:SharePremium2022-03-3108545152core:RevaluationReserve2022-03-3108545152core:OtherReservesSubtotal2022-03-3108545152core:RetainedEarningsAccumulatedLosses2022-03-3108545152core:NetGoodwill2021-04-0108545152core:IntangibleAssetsOtherThanGoodwill2021-04-0108545152core:LandBuildings2021-04-0108545152core:PlantMachinery2021-04-0108545152core:Vehicles2021-04-0108545152core:FurnitureFittings2021-04-0108545152core:OfficeEquipment2021-04-0108545152core:AfterOneYear2021-04-0108545152core:WithinOneYear2021-04-0108545152core:ListedExchangeTraded2021-04-0108545152core:UnlistedNon-exchangeTraded2021-04-0108545152core:ShareCapital2021-04-0108545152core:SharePremium2021-04-0108545152core:RevaluationReserve2021-04-0108545152core:OtherReservesSubtotal2021-04-0108545152core:RetainedEarningsAccumulatedLosses2021-04-0108545152core:AfterOneYear2022-04-012023-03-3108545152core:WithinOneYear2022-04-012023-03-3108545152core:Non-currentFinancialInstrumentscore:CostValuation2022-04-012023-03-3108545152core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-04-012023-03-3108545152core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-04-012023-03-3108545152core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-04-012023-03-3108545152core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-04-012023-03-3108545152core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-04-012023-03-3108545152core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-04-012023-03-3108545152core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-04-012023-03-3108545152core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-04-012023-03-3108545152core:Non-currentFinancialInstrumentscore:CostValuation2023-03-3108545152core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-03-3108545152core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-03-3108545152core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-03-3108545152core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-03-3108545152core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-03-3108545152core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-03-3108545152core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-03-3108545152core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-03-3108545152core:Non-currentFinancialInstrumentscore:CostValuation2022-03-3108545152core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-03-3108545152core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-03-3108545152core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-03-3108545152core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-03-3108545152core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-03-3108545152core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-03-3108545152core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-03-3108545152core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-03-3108545152bus:Director12022-04-012023-03-31

BUILDGURU LTD

Registered Number
08545152
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2023

BUILDGURU LTD
Company Information
for the year from 1 April 2022 to 31 March 2023

Director

P Naudeau

Registered Address

66 Prospect Quay
London
SW18 1PR

Registered Number

08545152 (England and Wales)
BUILDGURU LTD
Balance Sheet as at
31 March 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets59,42710,230
9,42710,230
Current assets
Stocks600,000314,904
Debtors202,035136,557
Cash at bank and on hand129,909242,340
931,944693,801
Creditors amounts falling due within one year(262,078)(287,981)
Net current assets (liabilities)669,866405,820
Total assets less current liabilities679,293416,050
Creditors amounts falling due after one year(652,549)(414,065)
Net assets26,7441,985
Capital and reserves
Called up share capital100100
Profit and loss account26,6441,885
Shareholders' funds26,7441,985
The financial statements were approved and authorised for issue by the Director on 29 October 2023, and are signed on its behalf by:
P Naudeau
Director
Registered Company No. 08545152
BUILDGURU LTD
Notes to the Financial Statements
for the year ended 31 March 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: Motor van 25% straight line and office equipment 33% straight line.
Stocks policy
Stock is represented by a property which is initially stated at cost and then held at the lower of this initial amount and net realisable value. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the properties to its present location and condition. Net realisable value represents the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution.
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Leases policy
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
4.Employee information

20232022
Average number of employees during the year22
5.Property, plant and equipment

Total

£
Cost or valuation
At 01 April 2220,598
Additions4,872
At 31 March 2325,470
Depreciation and impairment
At 01 April 2210,368
Charge for year5,675
At 31 March 2316,043
Net book value
At 31 March 239,427
At 31 March 2210,230
6.Description of nature of transactions and balances with related parties
During the year the company had sales revenue of £243,556 (2022: £54,178) with Argon Blue Developments Ltd, a related party by virtue of the director’s shareholding. At the year end the net amount due from Argon Blue Developments Ltd was £75,000 (2022: £15,000 net amounts due to Argon Blue Developments Ltd).
7.Finance lease and HP contracts after one year

2023

2022

££
Finance lease and HP contracts11,82115,983