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REGISTERED NUMBER: 12984038 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

TRUBUILD GROUP LTD

TRUBUILD GROUP LTD (REGISTERED NUMBER: 12984038)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TRUBUILD GROUP LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTORS: S Clarke
L M Wright





REGISTERED OFFICE: 9 Commerce Road
Lynchwood
PETERBOROUGH
Cambridgeshire
PE2 6LR





REGISTERED NUMBER: 12984038 (England and Wales)





ACCOUNTANTS: GreenStones Limited
9 Commerce Road
Lynchwood
Peterborough
Cambridgeshire
PE2 6LR

TRUBUILD GROUP LTD (REGISTERED NUMBER: 12984038)

BALANCE SHEET
31 OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 138 412
Tangible assets 5 178,468 82,358
178,606 82,770

CURRENT ASSETS
Stocks 175,586 107,705
Debtors 6 341,170 235,210
Cash at bank 155,945 104,681
672,701 447,596
CREDITORS
Amounts falling due within one
year

7

517,209

335,624
NET CURRENT ASSETS 155,492 111,972
TOTAL ASSETS LESS CURRENT
LIABILITIES

334,098

194,742

CREDITORS
Amounts falling due after more
than one year

8

274,861

159,247
NET ASSETS 59,237 35,495

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 59,037 35,295
SHAREHOLDERS' FUNDS 59,237 35,495

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

TRUBUILD GROUP LTD (REGISTERED NUMBER: 12984038)

BALANCE SHEET - continued
31 OCTOBER 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 Board of Directors and authorised for issue on 10 March 2025 and were signed on its behalf by:





L M Wright - Director


TRUBUILD GROUP LTD (REGISTERED NUMBER: 12984038)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1. STATUTORY INFORMATION

Trubuild Group Ltd 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


TRUBUILD GROUP LTD (REGISTERED NUMBER: 12984038)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 16 (2023 - 13 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 November 2023
and 31 October 2024 823
AMORTISATION
At 1 November 2023 411
Charge for year 274
At 31 October 2024 685
NET BOOK VALUE
At 31 October 2024 138
At 31 October 2023 412

TRUBUILD GROUP LTD (REGISTERED NUMBER: 12984038)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 November 2023 1,274 111,630 112,904
Additions - 180,564 180,564
Disposals - (54,880 ) (54,880 )
At 31 October 2024 1,274 237,314 238,588
DEPRECIATION
At 1 November 2023 920 29,626 30,546
Charge for year 354 29,220 29,574
At 31 October 2024 1,274 58,846 60,120
NET BOOK VALUE
At 31 October 2024 - 178,468 178,468
At 31 October 2023 354 82,004 82,358

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 November 2023 99,870
Additions 177,645
Disposals (54,880 )
At 31 October 2024 222,635
DEPRECIATION
At 1 November 2023 25,544
Charge for year 26,756
At 31 October 2024 52,300
NET BOOK VALUE
At 31 October 2024 170,335
At 31 October 2023 74,326

TRUBUILD GROUP LTD (REGISTERED NUMBER: 12984038)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 314,461 205,462
Other debtors 26,709 29,748
341,170 235,210

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 63,606 56,862
Hire purchase contracts 33,604 14,262
Trade creditors 110,350 68,900
Taxation and social security 278,168 118,512
Other creditors 31,481 77,088
517,209 335,624

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans 126,555 90,161
Hire purchase contracts 148,306 69,086
274,861 159,247

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 October 2024 and 31 October 2023:

2024 2023
£    £   
L M Wright
Balance outstanding at start of year 3,448 (50 )
Amounts advanced 106,805 63,197
Amounts repaid (110,874 ) (59,699 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (621 ) 3,448

S Clarke
Balance outstanding at start of year 3,448 (2,520 )
Amounts advanced 86,430 51,339
Amounts repaid (90,499 ) (45,371 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (621 ) 3,448