IRIS Accounts Production v25.1.0.734 04475375 Board of Directors Board of Directors 1.8.24 31.1.25 31.1.25 false true false false false true false Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh044753752024-07-31044753752025-01-31044753752024-08-012025-01-31044753752023-07-31044753752023-08-012024-07-31044753752024-07-3104475375ns15:EnglandWales2024-08-012025-01-3104475375ns14:PoundSterling2024-08-012025-01-3104475375ns10:Director12024-08-012025-01-3104475375ns10:Director22024-08-012025-01-3104475375ns10:PrivateLimitedCompanyLtd2024-08-012025-01-3104475375ns10:SmallEntities2024-08-012025-01-3104475375ns10:AuditExempt-NoAccountantsReport2024-08-012025-01-3104475375ns10:SmallCompaniesRegimeForDirectorsReport2024-08-012025-01-3104475375ns10:SmallCompaniesRegimeForAccounts2024-08-012025-01-3104475375ns10:FullAccounts2024-08-012025-01-310447537512024-08-012025-01-3104475375ns10:OrdinaryShareClass12024-08-012025-01-3104475375ns10:OrdinaryShareClass22024-08-012025-01-3104475375ns10:RegisteredOffice2024-08-012025-01-3104475375ns5:CurrentFinancialInstruments2025-01-3104475375ns5:CurrentFinancialInstruments2024-07-3104475375ns5:ShareCapital2025-01-3104475375ns5:ShareCapital2024-07-3104475375ns5:RetainedEarningsAccumulatedLosses2025-01-3104475375ns5:RetainedEarningsAccumulatedLosses2024-07-3104475375ns5:NetGoodwill2024-08-012025-01-3104475375ns5:PlantMachinery2024-08-012025-01-3104475375ns5:MotorVehicles2024-08-012025-01-3104475375ns5:ComputerEquipment2024-08-012025-01-3104475375ns5:NetGoodwill2024-07-3104475375ns5:NetGoodwill2025-01-3104475375ns5:NetGoodwill2024-07-3104475375ns5:PlantMachinery2024-07-3104475375ns5:PlantMachinery2025-01-3104475375ns5:PlantMachinery2024-07-3104475375ns5:WithinOneYearns5:CurrentFinancialInstruments2025-01-3104475375ns5:WithinOneYearns5:CurrentFinancialInstruments2024-07-3104475375ns5:WithinOneYear2025-01-3104475375ns5:WithinOneYear2024-07-3104475375ns5:BetweenOneFiveYears2025-01-3104475375ns5:BetweenOneFiveYears2024-07-3104475375ns5:AllPeriods2025-01-3104475375ns5:AllPeriods2024-07-3104475375ns10:OrdinaryShareClass12025-01-3104475375ns10:OrdinaryShareClass22025-01-3104475375ns5:RetainedEarningsAccumulatedLosses2024-07-3104475375ns5:RetainedEarningsAccumulatedLosses2024-08-012025-01-31
REGISTERED NUMBER: 04475375 (England and Wales)
















Unaudited Financial Statements

for the Period 1 August 2024 to 31 January 2025

for

Stevenson Building Contractors Limited

Stevenson Building Contractors Limited (Registered number: 04475375)

Contents of the Financial Statements
for the Period 1 August 2024 to 31 January 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Stevenson Building Contractors Limited

Company Information
for the Period 1 August 2024 to 31 January 2025







DIRECTORS: Mr P R Stevenson
Mr T N Stevenson





REGISTERED OFFICE: 701 Stonehouse Park
Sperry Way
Stonehouse
Gloucestershire
GL10 3UT





REGISTERED NUMBER: 04475375 (England and Wales)





ACCOUNTANTS: Xeinadin South Wales & West Limited
701 Stonehouse Park
Sperry Way
Stonehouse
Gloucestershire
GL10 3UT

Stevenson Building Contractors Limited (Registered number: 04475375)

Balance Sheet
31 January 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 17,665 19,256
17,665 19,256

CURRENT ASSETS
Stocks 402,095 518,964
Debtors 6 459,768 209,872
Cash at bank and in hand 104,755 3,098
966,618 731,934
CREDITORS
Amounts falling due within one year 7 862,297 637,431
NET CURRENT ASSETS 104,321 94,503
TOTAL ASSETS LESS CURRENT LIABILITIES 121,986 113,759

CAPITAL AND RESERVES
Called up share capital 9 400 400
Retained earnings 10 121,586 113,359
SHAREHOLDERS' FUNDS 121,986 113,759

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2025 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.

Stevenson Building Contractors Limited (Registered number: 04475375)

Balance Sheet - continued
31 January 2025


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 April 2025 and were signed on its behalf by:




Mr P R Stevenson - Director



Mr T N Stevenson - Director


Stevenson Building Contractors Limited (Registered number: 04475375)

Notes to the Financial Statements
for the Period 1 August 2024 to 31 January 2025


1. STATUTORY INFORMATION

Stevenson Building Contractors 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
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

Goodwill
Goodwill, being the excess of the cost of acquisition over the fair value of net assets of an unincorporated business acquired in 2002, was amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost and 25% on reducing balance

Stock and work in progress
Stock is valued at the lower of cost and net realisable value. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in the profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Work in progress is valued to reflect the accrual of the right to consideration as project activity progresses.

Costs associated with projects are included in work in progress to the extent that they cannot be matched with work invoiced as turnover. Work in progress is is stated at cost plus estimated profit.

Full provision is made on all projects in the year in which a loss is first foreseen.

Stevenson Building Contractors Limited (Registered number: 04475375)

Notes to the Financial Statements - continued
for the Period 1 August 2024 to 31 January 2025


2. ACCOUNTING POLICIES - continued

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 period 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.

Judgements and key sources of estimation uncertainty
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumption about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based upon historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 22 (2024 - 21 ) .

Stevenson Building Contractors Limited (Registered number: 04475375)

Notes to the Financial Statements - continued
for the Period 1 August 2024 to 31 January 2025


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2024
and 31 January 2025 55,000
AMORTISATION
At 1 August 2024
and 31 January 2025 55,000
NET BOOK VALUE
At 31 January 2025 -
At 31 July 2024 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2024 125,876
Additions 1,000
At 31 January 2025 126,876
DEPRECIATION
At 1 August 2024 106,620
Charge for period 2,591
At 31 January 2025 109,211
NET BOOK VALUE
At 31 January 2025 17,665
At 31 July 2024 19,256

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 449,069 198,163
Other debtors 10,699 11,709
459,768 209,872

Stevenson Building Contractors Limited (Registered number: 04475375)

Notes to the Financial Statements - continued
for the Period 1 August 2024 to 31 January 2025


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 636,646 450,456
Taxation and social security 119,369 59,416
Other creditors 106,282 127,559
862,297 637,431

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2025 2024
£    £   
Within one year 61,856 64,588
Between one and five years 32,561 63,490
94,417 128,078

Amounts recognised in profit or loss as an expense during the period in respect of vehicle operating lease arrangements are 2025: £26,932 and 2024: £71,296.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
200 Ordinary A £1 200 200
200 Ordinary B £1 200 200
400 400

10. RESERVES
Retained
earnings
£   

At 1 August 2024 113,359
Profit for the period 8,227
At 31 January 2025 121,586