SDL CONSTRUCTION MANAGEMENT LIMITED


Directors	B Fowler
	T Fowler


Company Secretary	T Fowler


Registered Address	Boston House
	214 High Street
	Boston Spa
	LS23 6AD


Registered Number	04926126 (England and Wales)

Balance Sheet as at
31 October 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		34,160		6,128
			34,160		6,128
Current assets
Debtors		9,509		20,994
Cash at bank and on hand		16,707		16,258
		26,216		37,252
Creditors amounts falling due within one year	4	(14,470)		(30,859)
Net current assets (liabilities)			11,746		6,393
Total assets less current liabilities			45,906		12,521
Creditors amounts falling due after one year	5		(5,500)		(542)
Net assets			40,406		11,979
Capital and reserves
Called up share capital			100		100
Profit and loss account			40,306		11,879
Shareholders' funds			40,406		11,979

The company was entitled to exemption from audit for this reporting period 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 Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 31 March 2025, and are signed on its behalf by:

B Fowler
Director
Registered Company No. 04926126

SDL CONSTRUCTION MANAGEMENT LIMITED

Notes to the Financial Statements
for the year ended 31 October 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Turnover policy
	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 flowto the entity; and specific criteria have been met for each of the company's activities.

Turnover policy

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 flowto the entity;
and specific criteria have been met for each of the company's activities.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	25
	Vehicles	25
	Office Equipment	25

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	3		3

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 November 23	3,756	17,975	562	22,293
Additions	-	35,450	-	35,450
Disposals	-	(17,975)	-	(17,975)
At 31 October 24	3,756	35,450	562	39,768
Depreciation and impairment
At 01 November 23	3,631	12,076	458	16,165
Charge for year	31	1,453	34	1,518
On disposals	-	(12,075)	-	(12,075)
At 31 October 24	3,662	1,454	492	5,608
Net book value
At 31 October 24	94	33,996	70	34,160
At 31 October 23	125	5,899	104	6,128

4.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	1,586	13,805
Taxation and social security	5,492	10,270
Other creditors	6,113	5,584
Accrued liabilities and deferred income	1,279	1,200
Total	14,470	30,859


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

5.	Creditors: amounts due after one year

	2024	2023
	£	£
Bank borrowings and overdrafts	5,500	-
Other creditors	-	542
Total	5,500	542

6.	Obligations under finance leases

		2024		2023
		£		£
	Finance lease and HP contracts	-		542