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REGISTERED NUMBER: 11407822 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 June 2023

for

B1 Builders Ltd

B1 Builders Ltd (Registered number: 11407822)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Statement of Financial Position 1

Notes to the Financial Statements 3


B1 Builders Ltd (Registered number: 11407822)

Statement of Financial Position
30 June 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 12,618 15,127

CURRENT ASSETS
Debtors 5 125,689 73,221
Cash at bank 4,605 32,728
130,294 105,949
CREDITORS
Amounts falling due within one year 6 141,681 77,656
NET CURRENT (LIABILITIES)/ASSETS (11,387 ) 28,293
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,231

43,420

CREDITORS
Amounts falling due after more than one
year

7

2,024

-
NET (LIABILITIES)/ASSETS (793 ) 43,420

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (795 ) 43,418
SHAREHOLDERS' FUNDS (793 ) 43,420

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 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.

B1 Builders Ltd (Registered number: 11407822)

Statement of Financial Position - continued
30 June 2023


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 23 April 2024 and were signed by:





Mr Simon Robert Brooks - Director


B1 Builders Ltd (Registered number: 11407822)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

B1 Builders Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 11407822

Registered office: 88 Darvel Down
Netherfield
Battle
United Kingdom
TN33 9QF

The presentation currency of the financial statements is the Pound Sterling (£).


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
Revenue 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.
Motor vehicles - 20% on cost

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

B1 Builders Ltd (Registered number: 11407822)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Motor
vehicles
£   
COST
At 1 July 2022 28,543
Additions 4,000
At 30 June 2023 32,543
DEPRECIATION
At 1 July 2022 13,416
Charge for year 6,509
At 30 June 2023 19,925
NET BOOK VALUE
At 30 June 2023 12,618
At 30 June 2022 15,127

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade debtors 88,272 49,489
Other debtors 37,417 23,732
125,689 73,221

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Hire purchase contracts 4,912 -
Trade creditors 5,852 15,740
Taxation and social security 1,022 28,539
Other creditors 129,895 33,377
141,681 77,656

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.23 30.6.22
£    £   
Hire purchase contracts 2,024 -