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REGISTERED NUMBER: 08964862 (England and Wales)


Financial Statements for the Year Ended 29 February 2024

for

My Build Estimate Limited

My Build Estimate Limited (Registered number: 08964862)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


My Build Estimate Limited

Company Information
for the Year Ended 29 February 2024







DIRECTOR: Mr Parminder Bhangal





REGISTERED OFFICE: Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD





REGISTERED NUMBER: 08964862 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

My Build Estimate Limited (Registered number: 08964862)

Statement of Financial Position
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 148,567 30,861

CURRENT ASSETS
Debtors 5 637,783 631,050
Cash at bank and in hand 56,313 65,521
694,096 696,571
CREDITORS
Amounts falling due within one year 6 113,884 84,275
NET CURRENT ASSETS 580,212 612,296
TOTAL ASSETS LESS CURRENT
LIABILITIES

728,779

643,157

CREDITORS
Amounts falling due after more than one
year

7

23,149

32,453
NET ASSETS 705,630 610,704

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 705,530 610,604
SHAREHOLDERS' FUNDS 705,630 610,704

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 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.

My Build Estimate Limited (Registered number: 08964862)

Statement of Financial Position - 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 director and authorised for issue on 23 November 2024 and were signed by:





Mr Parminder Bhangal - Director


My Build Estimate Limited (Registered number: 08964862)

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

1. STATUTORY INFORMATION

My Build Estimate 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. 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
Revenue 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 etc - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 11 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 March 2023 70,348
Additions 167,229
At 29 February 2024 237,577
DEPRECIATION
At 1 March 2023 39,487
Charge for year 49,523
At 29 February 2024 89,010
NET BOOK VALUE
At 29 February 2024 148,567
At 28 February 2023 30,861

My Build Estimate Limited (Registered number: 08964862)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 621,750 404,375
Other debtors 16,033 226,675
637,783 631,050

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade creditors 3,229 2,125
Taxation and social security 81,430 66,725
Other creditors 29,225 15,425
113,884 84,275

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans 23,149 32,453

8. CALLED UP SHARE CAPITAL

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