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Registration number: 14583103

Pro Build Carpentry and Building Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 January 2025

 

Pro Build Carpentry and Building Limited
(Registration number: 14583103)

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 7

 

Pro Build Carpentry and Building Limited
(Registration number: 14583103)

Company Information

Director

Mr Ryan Amato

Registered office

2 Market Hill
Chatteris
Cambridgeshire
PE16 6BA

Registered number

14583103

 

Pro Build Carpentry and Building Limited
(Registration number: 14583103)

Balance Sheet as at 31 January 2025

Note

2025
£

2024
£

Fixed Assets

 

Tangible Assets

5

382

9,550

Current assets

 

Stocks

6

10,150

25,573

Debtors

7

9,100

22,377

Cash at bank and in hand

 

46,768

16,475

 

66,018

64,425

Creditors: Amounts falling due within one year

8

(40,379)

(57,562)

Net current assets

 

25,639

6,863

Net assets

 

26,021

16,413

Capital and Reserves

 

Called up share capital

100

100

Retained Earnings

25,921

16,313

Shareholders' funds

 

26,021

16,413

For the financial year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 12 March 2025
 

.........................................
Mr Ryan Amato
Director

 

Pro Build Carpentry and Building Limited
(Registration number: 14583103)

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
2 Market Hill
Chatteris
Cambridgeshire
PE16 6BA
England

These financial statements were authorised for issue by the director on 12 March 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

Pro Build Carpentry and Building Limited
(Registration number: 14583103)

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible Assets

Tangible Assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

15% reducing balance

Motor vehicles

25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade Debtors

Trade Debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade Debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

Pro Build Carpentry and Building Limited
(Registration number: 14583103)

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade Creditors

Trade Creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade Creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 2).

4

Profit before tax

Arrived at after charging/(crediting)

2025
£

2024
£

Depreciation expense

68

2,450

 

Pro Build Carpentry and Building Limited
(Registration number: 14583103)

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

5

Tangible Assets

Motor vehicles
 £

Plant and machinery
£

Total
£

Cost or valuation

At 1 February 2024

6,500

5,500

12,000

Additions

-

450

450

Disposals

(6,500)

(5,500)

(12,000)

At 31 January 2025

-

450

450

Depreciation

At 1 February 2024

1,625

825

2,450

Charge for the year

-

68

68

Eliminated on disposal

(1,625)

(825)

(2,450)

At 31 January 2025

-

68

68

Carrying amount

At 31 January 2025

-

382

382

At 31 January 2024

4,875

4,675

9,550

6

Stocks

2025
£

2024
£

Other inventories

10,150

25,573

7

Debtors

The directors have reviewed trade debtors for impairment and consider the impairment losses to be provided for the year are £Nil (2024 - £Nil)

All amounts are due within one year.

Current

2025
£

2024
£

Trade Debtors

8,600

22,377

Other debtors

500

-

 

9,100

22,377

 

Pro Build Carpentry and Building Limited
(Registration number: 14583103)

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

8

Creditors

Creditors: amounts falling due within one year

2025
£

2024
£

Due within one year

Trade Creditors

11,535

10,040

Taxation and social security

28,183

33,011

Other creditors

661

14,511

40,379

57,562