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REGISTERED NUMBER: 13117431 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Sharp Built Homes Ltd

Sharp Built Homes Ltd (Registered number: 13117431)

Contents of the Financial Statements
for the Year Ended 31 March 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Sharp Built Homes Ltd

Company Information
for the Year Ended 31 March 2025







DIRECTOR: Mr C P Sharp





REGISTERED OFFICE: Lewis House
Great Chesterford Court
Great Chesterford
Essex
CB10 1PF





REGISTERED NUMBER: 13117431 (England and Wales)

Sharp Built Homes Ltd (Registered number: 13117431)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 19,051 21,812

CURRENT ASSETS
Stocks 8,850 8,850
Debtors 6 1,770 1,553
Cash at bank 43,575 58,200
54,195 68,603
CREDITORS
Amounts falling due within one year 7 4,448 2,825
NET CURRENT ASSETS 49,747 65,778
TOTAL ASSETS LESS CURRENT
LIABILITIES

68,798

87,590

PROVISIONS FOR LIABILITIES - 4,144
NET ASSETS 68,798 83,446

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 68,797 83,445
68,798 83,446

Sharp Built Homes Ltd (Registered number: 13117431)

Balance Sheet - continued
31 March 2025


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 13 June 2025 and were signed by:





Mr C P Sharp - Director


Sharp Built Homes Ltd (Registered number: 13117431)

Notes to the Financial Statements
for the Year Ended 31 March 2025


1. STATUTORY INFORMATION

Sharp Built Homes 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

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

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instruments.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes, in effect, a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

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.

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.

Sharp Built Homes Ltd (Registered number: 13117431)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 38,779
Additions 3,588
At 31 March 2025 42,367
DEPRECIATION
At 1 April 2024 16,967
Charge for year 6,349
At 31 March 2025 23,316
NET BOOK VALUE
At 31 March 2025 19,051
At 31 March 2024 21,812

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 1,770 1,553

Included within other debtors disclosed above is a balance of £1,652 (2024 - £1,418) in relation to prepaid expenses and a balance of £118 (2024 - £135) in relation to VAT.

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other creditors 4,448 2,825

Included within other creditors disclosed above is a balance of £1,611 (2024 - £1,633) in relation to accruals and a balance of £2,837 (2024 - £1,192) in relation to director's loan account.