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REGISTERED NUMBER: 09428516 (England and Wales)















Unaudited Financial Statements

for the Year Ended

29 February 2024

for

SD Buzzard Construction Ltd

SD Buzzard Construction Ltd (Registered number: 09428516)

Contents of the Financial Statements
for the Year Ended 29 February 2024










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


SD Buzzard Construction Ltd

Company Information
for the Year Ended 29 February 2024







DIRECTORS: S D Buzzard
C J Buzzard





REGISTERED OFFICE: 67 Tymecrosse Gardens
Market Harborough
Leicestershire
LE16 7US





REGISTERED NUMBER: 09428516 (England and Wales)





ACCOUNTANTS: The Rowleys Partnership Ltd
Chartered Accountants
Charnwood House
Harcourt Way
Meridian Business Park
Leicester
Leicestershire
LE19 1WP

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
SD Buzzard Construction Ltd


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of SD Buzzard Construction Ltd for the year ended 29 February 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of SD Buzzard Construction Ltd, as a body, in accordance with the terms of our engagement letter dated 15 November 2023. Our work has been undertaken solely to prepare for your approval the financial statements of SD Buzzard Construction Ltd and state those matters that we have agreed to state to the Board of Directors of SD Buzzard Construction Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SD Buzzard Construction Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that SD Buzzard Construction Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of SD Buzzard Construction Ltd. You consider that SD Buzzard Construction Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of SD Buzzard Construction Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






The Rowleys Partnership Ltd
Chartered Accountants
Charnwood House
Harcourt Way
Meridian Business Park
Leicester
Leicestershire
LE19 1WP


30 October 2024

SD Buzzard Construction Ltd (Registered number: 09428516)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 435,061 377,287

CURRENT ASSETS
Debtors 5 75,626 42,676
Cash at bank 226,555 119,640
302,181 162,316
CREDITORS
Amounts falling due within one year 6 170,597 153,788
NET CURRENT ASSETS 131,584 8,528
TOTAL ASSETS LESS CURRENT
LIABILITIES

566,645

385,815

CREDITORS
Amounts falling due after more than
one year

7

(43,850

)

(79,980

)

PROVISIONS FOR LIABILITIES (92,446 ) (94,322 )
NET ASSETS 430,349 211,513

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 430,249 211,413
SHAREHOLDERS' FUNDS 430,349 211,513

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

SD Buzzard Construction Ltd (Registered number: 09428516)

Balance Sheet - continued
29 February 2024


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 Board of Directors and authorised for issue on 30 October 2024 and were signed on its behalf by:





S D Buzzard - Director


SD Buzzard Construction Ltd (Registered number: 09428516)

Notes to the Financial Statements
for the Year Ended 29 February 2024


1. STATUTORY INFORMATION

SD Buzzard Construction Ltd 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. 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
Turnover represents the value of services provided, excluding value added tax, to the extent that there is a right to consideration and is recorded at the value of the consideration due. Where a service is only partly completed at the balance sheet date turnover is based on a proportion of the total expected consideration at completion.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% reducing balance
Fixtures and fittings - 15% reducing balance
Motor vehicles - 25% reducing balance
Computer equipment - 33% straight line basis

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.

SD Buzzard Construction Ltd (Registered number: 09428516)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 March 2023 532,892 - 70,353 3,413 606,658
Additions 26,839 1,725 133,476 - 162,040
Disposals - - (30,427 ) - (30,427 )
At 29 February 2024 559,731 1,725 173,402 3,413 738,271
DEPRECIATION
At 1 March 2023 180,378 - 46,664 2,329 229,371
Charge for year 56,903 259 36,884 593 94,639
Eliminated on disposal - - (20,800 ) - (20,800 )
At 29 February 2024 237,281 259 62,748 2,922 303,210
NET BOOK VALUE
At 29 February 2024 322,450 1,466 110,654 491 435,061
At 28 February 2023 352,514 - 23,689 1,084 377,287

SD Buzzard Construction Ltd (Registered number: 09428516)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 March 2023 196,971 30,427 227,398
Disposals - (30,427 ) (30,427 )
At 29 February 2024 196,971 - 196,971
DEPRECIATION
At 1 March 2023 62,988 20,800 83,788
Charge for year 20,097 - 20,097
Eliminated on disposal - (20,800 ) (20,800 )
At 29 February 2024 83,085 - 83,085
NET BOOK VALUE
At 29 February 2024 113,886 - 113,886
At 28 February 2023 133,983 9,627 143,610

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 3,195 10,590
Corporation tax refund - 1,390
Prepayments and accrued income 72,431 30,696
75,626 42,676

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Hire purchase contracts 35,112 35,232
Trade creditors 10,529 79,121
Corporation tax 98,435 17,350
Social security and other taxes 5,763 3,570
VAT 14,111 13,113
Other creditors 102 91
Directors' current accounts 3,461 2,491
Accruals and deferred income 3,084 2,820
170,597 153,788

SD Buzzard Construction Ltd (Registered number: 09428516)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
29.2.24 28.2.23
£    £   
Hire purchase contracts 43,850 79,980

8. SECURED DEBTS

The following secured debts are included within creditors:

29.2.24 28.2.23
£    £   
Hire purchase contracts 78,962 115,212

The hire purchase creditor is secured on the assets to which it relates.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
100 Ordinary £1 100 100

10. OTHER FINANCIAL COMMITMENTS

The company had total guarantees and commitments at the balance sheet date of £51,057 (2023
- £1,937).