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REGISTERED NUMBER: 04978100 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

SMALL BUILDING WORKS LIMITED

SMALL BUILDING WORKS LIMITED (REGISTERED NUMBER: 04978100)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SMALL BUILDING WORKS LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2023







DIRECTOR: A D Johnson





SECRETARY: S L Johnson





REGISTERED OFFICE: Unit 15, No. 2
Bulrushes Business Park
Coombe Hill Road
East Grinstead
West Sussex
RH19 4LZ





REGISTERED NUMBER: 04978100 (England and Wales)





ACCOUNTANTS: Hockley Wright & Co Limited
Unit 15, No.2
Bulrushes Business Park
Coombe Hill Road
East Grinstead
West Sussex
RH19 4LZ

SMALL BUILDING WORKS LIMITED (REGISTERED NUMBER: 04978100)

BALANCE SHEET
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 3,849 5,133

CURRENT ASSETS
Stocks 6 48,558 41,740
Debtors 7 24,214 34,628
Cash in hand 100 100
72,872 76,468
CREDITORS
Amounts falling due within one year 8 51,701 47,010
NET CURRENT ASSETS 21,171 29,458
TOTAL ASSETS LESS CURRENT LIABILITIES 25,020 34,591

CREDITORS
Amounts falling due after more than one
year

9

24,157

34,153
NET ASSETS 863 438

CAPITAL AND RESERVES
Called up share capital 150 150
Retained earnings 713 288
SHAREHOLDERS' FUNDS 863 438

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 16 August 2024 and were signed by:





A D Johnson - Director


SMALL BUILDING WORKS LIMITED (REGISTERED NUMBER: 04978100)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Small Building Works 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. STATEMENT OF COMPLIANCE

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. There have been no material departures from FRS102.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

SMALL BUILDING WORKS LIMITED (REGISTERED NUMBER: 04978100)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2023

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2022 - 12 ) .

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2023
and 31 December 2023 2,750 34,016 1,761 38,527
DEPRECIATION
At 1 January 2023 2,734 29,890 770 33,394
Charge for year 4 1,032 248 1,284
At 31 December 2023 2,738 30,922 1,018 34,678
NET BOOK VALUE
At 31 December 2023 12 3,094 743 3,849
At 31 December 2022 16 4,126 991 5,133

6. STOCKS
31.12.23 31.12.22
£    £   
Stocks 10,237 6,350
Work-in-progress 38,321 35,390
48,558 41,740

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 13,466 12,031
Other debtors 4,800 16,462
Prepayments and accrued income 5,948 6,135
24,214 34,628

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 10,100 18,559
Taxation and social security 23,411 24,553
Other creditors 18,190 3,898
51,701 47,010

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans 24,157 34,153

SMALL BUILDING WORKS LIMITED (REGISTERED NUMBER: 04978100)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2023

10. ULTIMATE CONTROLLING PARTY

In the opinion of the director, Small Building Works Limited is the ultimate controlling party. The Company is controlled by its director, A D Johnson by virtue of the fact that they own 57% of the ordinary equity share capital of the company.