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REGISTERED NUMBER: 05879656 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

BUILDERS TEC LIMITED

BUILDERS TEC LIMITED (REGISTERED NUMBER: 05879656)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BUILDERS TEC LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTOR: Mr E Cook





SECRETARY: Ms S Charles





REGISTERED OFFICE: 4 Green Lane Business Park
238 Green Lane
New Eltham
London
SE9 3TL





REGISTERED NUMBER: 05879656 (England and Wales)





ACCOUNTANTS: Bayar Hughes & Co
Chartered Certified Accountants
4 Green Lane Business Park
238 Green lane
New Eltham
London
SE9 3TL

BUILDERS TEC LIMITED (REGISTERED NUMBER: 05879656)

BALANCE SHEET
29 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,065 860

CURRENT ASSETS
Stocks & work in progress 95,240 96,396
Debtors 5 107,638 118,904
Cash at bank 1,865 16,186
204,743 231,486
CREDITORS
Amounts falling due within one year 6 202,314 231,860
NET CURRENT ASSETS/(LIABILITIES) 2,429 (374 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,494

486

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 12,493 485
SHAREHOLDERS' FUNDS 12,494 486

BUILDERS TEC LIMITED (REGISTERED NUMBER: 05879656)

BALANCE SHEET - continued
29 FEBRUARY 2024


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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 November 2024 and were signed by:





Mr E Cook - Director


BUILDERS TEC LIMITED (REGISTERED NUMBER: 05879656)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1. STATUTORY INFORMATION

Builders Tec 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
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

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

Stocks
Stocks & work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023 19,295
Additions 12,559
At 29 February 2024 31,854
DEPRECIATION
At 1 March 2023 18,435
Charge for year 3,354
At 29 February 2024 21,789
NET BOOK VALUE
At 29 February 2024 10,065
At 28 February 2023 860

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 44,631 21,332
Other debtors 63,007 97,572
107,638 118,904

BUILDERS TEC LIMITED (REGISTERED NUMBER: 05879656)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors (622 ) 31,407
Taxation and social security 5,619 9,470
Other creditors 197,317 190,983
202,314 231,860

7. ULTIMATE CONTROLLING PARTY

In the opinion of Director Mr. E Cook, who owns 100% of the shares of the company is the company's ultimate controller.