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Company Registration No. 12023579 (England and Wales)
Build And Own Ltd Unaudited accounts for the year ended 31 May 2024
Build And Own Ltd Unaudited accounts Contents
Page
- 2 -
Build And Own Ltd Company Information for the year ended 31 May 2024
Directors
David Ion Catalina Ion
Company Number
12023579 (England and Wales)
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Build And Own Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
93 
93 
Current assets
Debtors
- 
4,050 
Cash at bank and in hand
20,662 
17,566 
20,662 
21,616 
Creditors: amounts falling due within one year
(13,316)
(12,367)
Net current assets
7,346 
9,249 
Total assets less current liabilities
7,439 
9,342 
Creditors: amounts falling due after more than one year
(29,579)
(29,579)
Net liabilities
(22,140)
(20,237)
Capital and reserves
Profit and loss account
(22,140)
(20,237)
Shareholders' funds
(22,140)
(20,237)
For the year ending 31 May 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 directors acknowledge their 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 of Directors and authorised for issue on 24 October 2024 and were signed on its behalf by
David Ion Director Company Registration No. 12023579
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Build And Own Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Build And Own Ltd is a private company, limited by shares, registered in England and Wales, registration number 12023579.
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 provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 June 2023
93 
At 31 May 2024
93 
Depreciation
At 31 May 2024
- 
Net book value
At 31 May 2024
93 
At 31 May 2023
93 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
- 
4,050 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
6,115 
12,367 
Loans from directors
7,201 
- 
13,316 
12,367 
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Build And Own Ltd Notes to the Accounts for the year ended 31 May 2024
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
29,579 
29,579 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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