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Company Registration No. 12494756 (England and Wales)
EFFICIENT BUILD LTD Unaudited accounts for the year ended 31 March 2024
EFFICIENT BUILD LTD Unaudited accounts Contents
Page
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EFFICIENT BUILD LTD Company Information for the year ended 31 March 2024
Director
Andrei BURLACU
Company Number
12494756 (England and Wales)
Registered Office
18 Upper Tail Watford WD19 5DF England
Accountants
Lexarox Ltd Unit 128 203-213 Mare Street London LONDON E8 3JS
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EFFICIENT BUILD LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
25,242 
24,990 
Current assets
Debtors
3,000 
14,989 
Cash at bank and in hand
27,261 
77,421 
30,261 
92,410 
Creditors: amounts falling due within one year
(2,013)
(9,770)
Net current assets
28,248 
82,640 
Total assets less current liabilities
53,490 
107,630 
Creditors: amounts falling due after more than one year
(14,608)
(20,493)
Net assets
38,882 
87,137 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
38,881 
87,136 
Shareholders' funds
38,882 
87,137 
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 October 2024 and were signed on its behalf by
Andrei BURLACU Director Company Registration No. 12494756
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EFFICIENT BUILD LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
EFFICIENT BUILD LTD is a private company, limited by shares, registered in England and Wales, registration number 12494756. The registered office is 18 Upper Tail, Watford, WD19 5DF, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been charged on a straight line basis over the asset`s useful life of 4 years. No residual value.
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 April 2023
24,990 
Additions
6,500 
At 31 March 2024
31,490 
Depreciation
Charge for the year
6,248 
At 31 March 2024
6,248 
Net book value
At 31 March 2024
25,242 
At 31 March 2023
24,990 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,000 
3,000 
Other debtors
- 
11,989 
3,000 
14,989 
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EFFICIENT BUILD LTD Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
(3,841)
VAT
(16,448)
(26,724)
Taxes and social security
16,725 
36,454 
Proposed dividends
- 
2,920 
Other creditors
1,652 
961 
Loans from directors
84 
- 
2,013 
9,770 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
14,608 
20,493 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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