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REGISTERED NUMBER: 01281035 (England and Wales)














G SANDERS (BUILDER) LIMITED

Unaudited Financial Statements

for the Year Ended 31 December 2024






G SANDERS (BUILDER) LIMITED (REGISTERED NUMBER: 01281035)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


G SANDERS (BUILDER) LIMITED

Company Information
for the Year Ended 31 December 2024







DIRECTORS: B Sanders
J Sanders
J L Sanders





REGISTERED OFFICE: Anston House
73 Ryton Road
North Anston
Sheffield
South Yorkshire
S25 4DL





REGISTERED NUMBER: 01281035 (England and Wales)






G SANDERS (BUILDER) LIMITED (REGISTERED NUMBER: 01281035)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 548,212 492,659

CURRENT ASSETS
Inventories 1,211,279 516,268
Debtors 5 290,643 721,698
Cash at bank and in hand 463,485 1,178,904
1,965,407 2,416,870
CREDITORS
Amounts falling due within one year 6 357,930 527,889
NET CURRENT ASSETS 1,607,477 1,888,981
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,155,689

2,381,640

CREDITORS
Amounts falling due after more than one
year

7

(116,201

)

(167,805

)

PROVISIONS FOR LIABILITIES (77,498 ) (115,775 )
NET ASSETS 1,961,990 2,098,060

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 1,960,990 2,097,060
SHAREHOLDERS' FUNDS 1,961,990 2,098,060

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

G SANDERS (BUILDER) LIMITED (REGISTERED NUMBER: 01281035)

Balance Sheet - continued
31 December 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 16 April 2025 and were signed on its behalf by:




B Sanders - Director



J L Sanders - Director


G SANDERS (BUILDER) LIMITED (REGISTERED NUMBER: 01281035)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

G Sanders (Builder) Limited 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
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost and not provided
Plant and machinery etc - 25% on cost, 20% on reducing balance and 15% on reducing balance

Stocks
Inventories and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing inventories 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.


G SANDERS (BUILDER) LIMITED (REGISTERED NUMBER: 01281035)

Notes to the Financial Statements - continued
for the Year Ended 31 December 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
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 7 (2023 - 8 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2024 230,735 599,980 830,715
Additions - 161,700 161,700
At 31 December 2024 230,735 761,680 992,415
DEPRECIATION
At 1 January 2024 - 338,056 338,056
Charge for year - 106,147 106,147
At 31 December 2024 - 444,203 444,203
NET BOOK VALUE
At 31 December 2024 230,735 317,477 548,212
At 31 December 2023 230,735 261,924 492,659

G SANDERS (BUILDER) LIMITED (REGISTERED NUMBER: 01281035)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 95,589 345,700
Other debtors 195,054 375,998
290,643 721,698

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 14,167 16,500
Hire purchase contracts 60,288 53,401
Trade creditors 130,146 186,240
Amounts owed to group undertakings 28,991 28,991
Taxation and social security 118,887 237,296
Other creditors 5,451 5,461
357,930 527,889

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Hire purchase contracts 69,830 106,788
Other creditors 46,371 61,017
116,201 167,805

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024 2023
£    £   
J Sanders
Balance outstanding at start of year 88,954 (116,963 )
Amounts advanced 7,067 205,917
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 96,021 88,954

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is G & D Sanders Holding Company Limited.