2023-06-01 2024-05-31 false No description of principal activity Capium Accounts Production 1.1 04444683 2023-06-01 2024-05-31 04444683 bus:AbridgedAccounts 2023-06-01 2024-05-31 04444683 bus:FRS102 2023-06-01 2024-05-31 04444683 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 04444683 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 04444683 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 04444683 2023-06-01 2024-05-31 04444683 2024-05-31 04444683 bus:RegisteredOffice 2023-06-01 2024-05-31 04444683 core:WithinOneYear 2024-05-31 04444683 core:AfterOneYear 2024-05-31 04444683 1 2023-06-01 2024-05-31 04444683 bus:Director1 2023-06-01 2024-05-31 04444683 bus:Director1 2024-05-31 04444683 bus:Director1 2022-06-01 2023-05-31 04444683 bus:Director2 2023-06-01 2024-05-31 04444683 bus:Director2 2024-05-31 04444683 bus:Director2 2022-06-01 2023-05-31 04444683 2022-06-01 04444683 bus:CompanySecretary1 2023-06-01 2024-05-31 04444683 bus:LeadAgentIfApplicable 2023-06-01 2024-05-31 04444683 2022-06-01 2023-05-31 04444683 2023-05-31 04444683 core:WithinOneYear 2023-05-31 04444683 core:AfterOneYear 2023-05-31 04444683 bus:EntityAccountantsOrAuditors 2022-06-01 2023-05-31 04444683 core:MotorCars 2023-06-01 2024-05-31 04444683 core:MotorCars 2024-05-31 04444683 core:MotorCars 2023-05-31 04444683 core:FurnitureFittings 2023-06-01 2024-05-31 04444683 core:FurnitureFittings 2024-05-31 04444683 core:FurnitureFittings 2023-05-31 04444683 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-05-31 04444683 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-05-31 04444683 core:CostValuation core:Non-currentFinancialInstruments 2024-05-31 04444683 core:CostValuation core:Non-currentFinancialInstruments 2023-05-31 04444683 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-05-31 04444683 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-05-31 04444683 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-05-31 04444683 core:Non-currentFinancialInstruments 2024-05-31 04444683 core:Non-currentFinancialInstruments 2023-05-31 04444683 core:ShareCapital 2024-05-31 04444683 core:ShareCapital 2023-05-31 04444683 core:RetainedEarningsAccumulatedLosses 2024-05-31 04444683 core:RetainedEarningsAccumulatedLosses 2023-05-31 04444683 dpl:Item1 2023-06-01 04444683 dpl:Item1 2024-05-31 04444683 dpl:Item1 2022-06-01 04444683 dpl:Item1 2023-05-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 04444683
England and Wales

 

 

 


Abridged Accounts

for the year ended 31 May 2024

for

SBP BUILDING PRODUCTS LTD

 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3 144,777    126,852 
144,777    126,852 
Current assets      
Stocks 294,597    377,685 
Debtors 270,161    333,429 
Cash at bank and in hand 517,178    508,163 
1,081,936    1,219,277 
Creditors: amount falling due within one year (363,243)   (355,923)
Net current assets 718,693    863,354 
 
Total assets less current liabilities 863,470    990,206 
Provisions for liabilities (34,260)   (23,904)
Net assets 829,210    966,302 
 

Capital and reserves
     
Called up share capital 1    1 
Profit and loss account 829,209    966,301 
Shareholders' funds 829,210    966,302 
 


For the year ended 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 10 February 2025 and were signed on its behalf by:


-------------------------------
R Cooper
Director
1
General Information
SBP BUILDING PRODUCTS LTD is a private company, limited by shares, registered in England and Wales, registration number 04444683, registration address 1514 PERSHORE ROAD, STIRCHLEY, BIRMINGHAM, B30 2NW.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Dividends
Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery 25%
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the year was 26 (2023 : 28).
3.

Tangible fixed assets

Cost or valuation Plant and machinery etc   Total
  £   £
At 01 June 2023 253,285    253,285 
Additions 40,266    40,266 
Disposals  
At 31 May 2024 293,551    293,551 
Depreciation
At 01 June 2023 126,433    126,433 
Charge for year 22,341    22,341 
On disposals  
At 31 May 2024 148,774    148,774 
Net book values
Closing balance as at 31 May 2024 144,777    144,777 
Opening balance as at 01 June 2023 126,852    126,852 


2