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Company Registration No. 13296865 (England and Wales)
LOCAL BUILDERS LTD Unaudited accounts for the period from 1 March 2023 to 28 February 2024
LOCAL BUILDERS LTD Unaudited accounts Contents
Page
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LOCAL BUILDERS LTD Company Information for the period from 1 March 2023 to 28 February 2024
Director
Hamza MEHMOOD
Company Number
13296865 (England and Wales)
Registered Office
1 BASSETT WAY SLOUGH SL2 2JX ENGLAND
Accountants
Bismil Accountants Challenge House, SLZ1 616 Mitcham Road Croydon CR0 3AA
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LOCAL BUILDERS LTD Statement of financial position as at 28 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,938 
3,264 
Current assets
Inventories
1,289 
1,089 
Debtors
1,820 
1,540 
Cash at bank and in hand
204 
105 
3,313 
2,734 
Creditors: amounts falling due within one year
(6,140)
(6,040)
Net current liabilities
(2,827)
(3,306)
Net assets/(liabilities)
111 
(42)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
110 
(43)
Shareholders' funds
111 
(42)
For the period ending 28 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 March 2025 and were signed on its behalf by
Hamza MEHMOOD Director Company Registration No. 13296865
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LOCAL BUILDERS LTD Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
1
Statutory information
LOCAL BUILDERS LTD is a private company, limited by shares, registered in England and Wales, registration number 13296865. The registered office is 1 BASSETT WAY, SLOUGH, SL2 2JX, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
3,250 
800 
4,050 
At 28 February 2024
3,250 
800 
4,050 
Depreciation
At 1 March 2023
619 
167 
786 
Charge for the period
263 
63 
326 
At 28 February 2024
882 
230 
1,112 
Net book value
At 28 February 2024
2,368 
570 
2,938 
At 28 February 2023
2,631 
633 
3,264 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,820 
1,540 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
6,140 
6,040 
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LOCAL BUILDERS LTD Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
7
Average number of employees
During the period the average number of employees was 1 (2023: 1).
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