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REGISTERED NUMBER: 15230322 (England and Wales)












BUILD AND COVER LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 24 OCTOBER 2023 TO 5 APRIL 2025






BUILD AND COVER LTD (REGISTERED NUMBER: 15230322)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 24 OCTOBER 2023 TO 5 APRIL 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BUILD AND COVER LTD

COMPANY INFORMATION
FOR THE PERIOD 24 OCTOBER 2023 TO 5 APRIL 2025







DIRECTOR: G Alcock





REGISTERED OFFICE: 20 Wenlock Road
London
N1 7GU





REGISTERED NUMBER: 15230322 (England and Wales)





ACCOUNTANTS: Dexter & Sharpe
Chartered Certified Accountants
Rollestone House
20-22 Bridge Street
Horncastle
Lincolnshire
LN9 5HZ

BUILD AND COVER LTD (REGISTERED NUMBER: 15230322)

BALANCE SHEET
5 APRIL 2025

Notes £    £   
FIXED ASSETS
Intangible assets 4 16,096
Tangible assets 5 14,279
30,375

CURRENT ASSETS
Stocks 7,795
Debtors 6 147,656
Cash at bank and in hand 116,607
272,058
CREDITORS
Amounts falling due within one year 7 211,204
NET CURRENT ASSETS 60,854
TOTAL ASSETS LESS CURRENT
LIABILITIES

91,229

PROVISIONS FOR LIABILITIES 1,537
NET ASSETS 89,692

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings 89,691
89,692

BUILD AND COVER LTD (REGISTERED NUMBER: 15230322)

BALANCE SHEET - continued
5 APRIL 2025


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 5 April 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 5 April 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 23 July 2025 and were signed by:





G Alcock - Director


BUILD AND COVER LTD (REGISTERED NUMBER: 15230322)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 24 OCTOBER 2023 TO 5 APRIL 2025


1. STATUTORY INFORMATION

Build and Cover 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.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2025, is being amortised evenly over its estimated useful life of four years.

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

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 - 15% on reducing balance
Computer equipment - 15% on reducing balance

Stocks
Stocks 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 stocks to their present location and condition.

Taxation
Taxation for the period 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 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.

BUILD AND COVER LTD (REGISTERED NUMBER: 15230322)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 24 OCTOBER 2023 TO 5 APRIL 2025


2. ACCOUNTING POLICIES - continued

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 period was 1 .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 21,560
At 5 April 2025 21,560
AMORTISATION
Amortisation for period 5,464
At 5 April 2025 5,464
NET BOOK VALUE
At 5 April 2025 16,096

5. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
Additions 11,850 4,050 15,900
At 5 April 2025 11,850 4,050 15,900
DEPRECIATION
Charge for period 1,179 442 1,621
At 5 April 2025 1,179 442 1,621
NET BOOK VALUE
At 5 April 2025 10,671 3,608 14,279

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 95,049
Other debtors 52,607
147,656

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 94,757
Taxation and social security 69,313
Other creditors 47,134
211,204