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REGISTERED NUMBER: 11739530 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Buildpartner Technology Ltd

Buildpartner Technology Ltd (Registered number: 11739530)






Contents of the Financial Statements
for the year ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 7

Buildpartner Technology Ltd

Company Information
for the year ended 31 December 2024







DIRECTORS: H Sells
R J A Eastwood





REGISTERED OFFICE: 2 Maple Court
Davenport Street
Macclesfield
Cheshire
SK10 1JE





REGISTERED NUMBER: 11739530 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Ltd
Chartered Accountants
2 Maple Court
Davenport Street
Macclesfield
Cheshire
SK10 1JE

Buildpartner Technology Ltd (Registered number: 11739530)

Balance Sheet
31 December 2024

2024 2023
Notes £ £
FIXED ASSETS
Intangible assets 4 682,754 550,908
Tangible assets 5 3,368 4,205
686,122 555,113

CURRENT ASSETS
Debtors 6 104,622 166,059
Cash at bank 32,107 82,017
136,729 248,076
CREDITORS
Amounts falling due within one year 7 (159,113 ) (206,021 )
NET CURRENT (LIABILITIES)/ASSETS (22,384 ) 42,055
TOTAL ASSETS LESS CURRENT
LIABILITIES

663,738

597,168

CREDITORS
Amounts falling due after more than one year 8 (81,678 ) (934 )
NET ASSETS 582,060 596,234

CAPITAL AND RESERVES
Called up share capital 9 548 540
Share premium 1,211,636 1,128,933
Retained earnings (630,124 ) (533,239 )
SHAREHOLDERS' FUNDS 582,060 596,234

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.

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 3 June 2025 and were signed on its behalf by:




H Sells - Director


Buildpartner Technology Ltd (Registered number: 11739530)

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

1. STATUTORY INFORMATION

Buildpartner Technology 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The company has met its day to day working capital requirements through financial support of the directors. The directors are confident that they can continue to support the company and therefore feel that the accounts should be prepared on a going concern basis.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of ten years.

Internally generated intangible assets
The company has developed proprietary software for use by customers. Development costs that are directly attributable to design, development, testing and implementation of the website owned by the Company are recognised as intangible assets when the following criteria are met:

- It is technically feasible to develop the product for it to be used or sold;
- adequate resources are available to complete the development;
- there is an intention to complete the product;
- the Company is able to use or sell the product;
- utilising the asset will generate future economic benefit to the company; and
- expenditure on the project can be measured reliably.

Development expenditure not satisfying the above criteria and expenditure on the research phase of internal projects are recognised in the Income Statement.

The Company capitalises internally generate software costs, including directly attributable development costs from employees and contractors. The Company tests whether internally generated software development costs have suffered any indicators of impairment in accordance with the relevant accounting policy.

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

Patents and licences are being amortised evenly over their estimated useful life of five years.

Website development costs are amortised evenly over their estimated useful life of either five or ten years.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes the original purchase price of the asset and the costs attributable to bringing the asset to its working condition for its intended use.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Fixtures and fittings - 25% on cost

Computer equipment - 25% on cost


Buildpartner Technology Ltd (Registered number: 11739530)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

2. ACCOUNTING POLICIES - continued
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.

Share capital
Ordinary & Deferred shares are classed as equity.

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the Income Statement.

Cash and cash equivalents
Cash and cash equivalents includes cash in hand, cash held with banks and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Operating leases
Rentals payable under operating leases are charged to the Income Statement 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 the Income Statement in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£ £ £
COST
At 1 January 2024 138,603 785,487 924,090
Additions - 310,051 310,051
At 31 December 2024 138,603 1,095,538 1,234,141
AMORTISATION
At 1 January 2024 13,860 359,322 373,182
Charge for year 13,861 164,344 178,205
At 31 December 2024 27,721 523,666 551,387
NET BOOK VALUE
At 31 December 2024 110,882 571,872 682,754
At 31 December 2023 124,743 426,165 550,908

Buildpartner Technology Ltd (Registered number: 11739530)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 January 2024 5,805
Additions 624
At 31 December 2024 6,429
DEPRECIATION
At 1 January 2024 1,600
Charge for year 1,461
At 31 December 2024 3,061
NET BOOK VALUE
At 31 December 2024 3,368
At 31 December 2023 4,205

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 42,728 46,927
Other debtors 61,894 119,132
104,622 166,059

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 30,601 12,813
Hire purchase contracts 382 -
Trade creditors - 4,441
Taxation and social security 15,960 10,818
Other creditors 112,170 177,949
159,113 206,021

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£ £
Bank loans 1,678 934
Other creditors 80,000 -
81,678 934

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
51,896 Ordinary £0.01 519 511
2,911 Deferred £0.01 29 29
548 540

Buildpartner Technology Ltd (Registered number: 11739530)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

9. CALLED UP SHARE CAPITAL - continued

Between 01 May 2024 and 30 September 2024, 650 Ordinary shares were issued with a nominal value of £0.01, at a premium of £104.16.

10. OTHER FINANCIAL COMMITMENTS

At the balance sheet date the company has non cancellable operating lease commitments totalling £382 (2023: £1,036).

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the reporting date the company owed the directors £1,202 (2023: £23,325) which is repayable on demand and attracts no interest.

12. POST BALANCE SHEET EVENTS

On 27 January 2025, 48 Ordinary shares were issued with a nominal value of £0.01, at a premium of £104.16.

On 06 February 2025, 156 Ordinary shares were issued with a nominal value of £0.01, at a premium of £104.15.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Buildpartner Technology Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Buildpartner Technology Ltd for the year ended 31 December 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Buildpartner Technology Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Buildpartner Technology Ltd and state those matters that we have agreed to state to the Board of Directors of Buildpartner Technology Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Buildpartner Technology Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Buildpartner Technology Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Buildpartner Technology Ltd. You consider that Buildpartner Technology Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Buildpartner Technology Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Bennett Brooks & Co Ltd
Chartered Accountants
2 Maple Court
Davenport Street
Macclesfield
Cheshire
SK10 1JE


3 June 2025