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Company Registration No. 08119587 (England and Wales)
SB Building Supplies Limited Unaudited accounts for the year ended 30 June 2024
SB Building Supplies Limited Unaudited accounts Contents
Page
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SB Building Supplies Limited Company Information for the year ended 30 June 2024
Director
Mr. S Beardsmore
Company Number
08119587 (England and Wales)
Registered Office
48-50 Park Road Wigston Leicester LE18 4QD
Accountants
John Porter & Co. Accountants 14 Elm Tree Avenue Glenfield Leicester LE3 8QA
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SB Building Supplies Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
76,207 
19,192 
Current assets
Inventories
192,272 
201,147 
Debtors
440,995 
470,791 
Cash at bank and in hand
105,280 
216,023 
738,547 
887,961 
Creditors: amounts falling due within one year
(698,289)
(683,550)
Net current assets
40,258 
204,411 
Total assets less current liabilities
116,465 
223,603 
Creditors: amounts falling due after more than one year
(66,148)
(101,003)
Net assets
50,317 
122,600 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
50,315 
122,598 
Shareholders' funds
50,317 
122,600 
For the year ending 30 June 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 11 November 2024 and were signed on its behalf by
Mr. S Beardsmore Director Company Registration No. 08119587
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SB Building Supplies Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
SB Building Supplies Limited is a private company, limited by shares, registered in England and Wales, registration number 08119587. The registered office is 48-50 Park Road, Wigston, Leicester, LE18 4QD.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25%
Motor vehicles
25%
Fixtures & fittings
25%
Computer equipment
25%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 July 2023
13,308 
42,250 
12,291 
4,648 
72,497 
Additions
- 
82,417 
- 
- 
82,417 
At 30 June 2024
13,308 
124,667 
12,291 
4,648 
154,914 
Depreciation
At 1 July 2023
11,840 
27,109 
11,183 
3,173 
53,305 
Charge for the year
367 
24,390 
277 
368 
25,402 
At 30 June 2024
12,207 
51,499 
11,460 
3,541 
78,707 
Net book value
At 30 June 2024
1,101 
73,168 
831 
1,107 
76,207 
At 30 June 2023
1,468 
15,141 
1,108 
1,475 
19,192 
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SB Building Supplies Limited Notes to the Accounts for the year ended 30 June 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
386,773 
470,791 
Accrued income and prepayments
40,222 
- 
426,995 
470,791 
Amounts falling due after more than one year
Other debtors
14,000 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
35,629 
13,142 
Obligations under finance leases and hire purchase contracts
91,460 
- 
Trade creditors
562,953 
663,827 
Taxes and social security
4,565 
4,131 
Other creditors
1,157 
- 
Accruals
2,525 
2,450 
698,289 
683,550 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
69,568 
104,423 
Taxes and social security
(3,420)
(3,420)
66,148 
101,003 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
9
Average number of employees
During the year the average number of employees was 6 (2023: 6).
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