Price Builders Limited 05223918 false 2022-09-01 2023-08-31 2023-08-31 The principal activity of the company is that of a builder Digita Accounts Production Advanced 6.30.9574.0 true 05223918 2022-09-01 2023-08-31 05223918 2023-08-31 05223918 bus:Director1 1 2023-08-31 05223918 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 05223918 bus:Micro-entities 2022-09-01 2023-08-31 05223918 bus:AuditExemptWithAccountantsReport 2022-09-01 2023-08-31 05223918 bus:FullAccounts 2022-09-01 2023-08-31 05223918 bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-08-31 05223918 bus:RegisteredOffice 2022-09-01 2023-08-31 05223918 bus:Director1 2022-09-01 2023-08-31 05223918 bus:Director1 1 2022-09-01 2023-08-31 05223918 bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 05223918 countries:England 2022-09-01 2023-08-31 05223918 bus:Director1 1 2022-08-31 05223918 2021-09-01 2022-08-31 05223918 2022-08-31 05223918 bus:Director1 1 2022-08-31 05223918 core:CurrentFinancialInstruments core:WithinOneYear 2022-08-31 05223918 bus:Director1 1 2021-09-01 2022-08-31 05223918 bus:Director1 1 2021-08-31 iso4217:GBP xbrli:pure

Registration number: 05223918

Price Builders Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 August 2023

 

Price Builders Limited

(Registration number: 05223918)
Balance Sheet as at 31 August 2023

2023
£

2022
£

Fixed assets

2,304

343

Current assets

127,311

3,235

Creditors: Amounts falling due within one year

(50,311)

(872)

Net current assets

77,000

2,363

Total assets less current liabilities

79,304

2,706

Accruals and deferred income

(2,399)

(2,693)

 

76,905

13

Capital and reserves

76,905

13

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
6 Woodcombe Close
Brierley Hill
West Midlands
DY5 3PQ

These financial statements were authorised for issue by the director on 7 March 2024.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 3 (2022 - 2).

3

Related party transactions


The Company operates a Current Account with the Director. As at 31st August 2023 the Director owed the Company £21,982 (2022; £2,439) which is shown in the table below. Amounts owed to the Company by the Director are included within Debtors on the Balance Sheet.

All balances outstanding as at the year end were repaid in full by the Director on 31st October 2023.

 

Price Builders Limited

(Registration number: 05223918)
Balance Sheet as at 31 August 2023

Transactions with the director

2023

At 1 September 2022
£

Advances to director
£

At 31 August 2023
£

Mr Nigel Price

Directors Current Account

2,439

19,543

21,982

       
     

 

2022

At 1 September 2021
£

Advances to director
£

At 31 August 2022
£

Mr Nigel Price

Directors Current Account

2,165

274

2,439

       
     

 

For the financial year ending 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved and authorised by the director on 7 March 2024
 

.........................................
Mr Nigel Price
Director