IRIS Accounts Production v25.1.4.42 10660512 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 Ordinary D 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh106605122024-03-31106605122025-03-31106605122024-04-012025-03-31106605122023-03-31106605122023-04-012024-03-31106605122024-03-3110660512ns15:EnglandWales2024-04-012025-03-3110660512ns14:PoundSterling2024-04-012025-03-3110660512ns10:Director12024-04-012025-03-3110660512ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3110660512ns10:SmallEntities2024-04-012025-03-3110660512ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3110660512ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3110660512ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3110660512ns10:FullAccounts2024-04-012025-03-3110660512ns10:OrdinaryShareClass12024-04-012025-03-3110660512ns10:OrdinaryShareClass22024-04-012025-03-3110660512ns10:OrdinaryShareClass32024-04-012025-03-3110660512ns10:OrdinaryShareClass42024-04-012025-03-3110660512ns10:Director22024-04-012025-03-3110660512ns10:RegisteredOffice2024-04-012025-03-3110660512ns5:CurrentFinancialInstruments2025-03-3110660512ns5:CurrentFinancialInstruments2024-03-3110660512ns5:ShareCapital2025-03-3110660512ns5:ShareCapital2024-03-3110660512ns5:RetainedEarningsAccumulatedLosses2025-03-3110660512ns5:RetainedEarningsAccumulatedLosses2024-03-3110660512ns5:PlantMachinery2024-04-012025-03-3110660512ns5:MotorVehicles2024-04-012025-03-3110660512ns5:ComputerEquipment2024-04-012025-03-3110660512ns5:PlantMachinery2024-03-3110660512ns5:MotorVehicles2024-03-3110660512ns5:ComputerEquipment2024-03-3110660512ns5:PlantMachinery2025-03-3110660512ns5:MotorVehicles2025-03-3110660512ns5:ComputerEquipment2025-03-3110660512ns5:PlantMachinery2024-03-3110660512ns5:MotorVehicles2024-03-3110660512ns5:ComputerEquipment2024-03-3110660512ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3110660512ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3110660512ns10:OrdinaryShareClass12025-03-3110660512ns10:OrdinaryShareClass22025-03-3110660512ns10:OrdinaryShareClass32025-03-3110660512ns10:OrdinaryShareClass42025-03-31
REGISTERED NUMBER: 10660512 (England and Wales)















K B BUILDING CONTRACTORS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025






K B BUILDING CONTRACTORS LIMITED (REGISTERED NUMBER: 10660512)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


K B BUILDING CONTRACTORS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2025







DIRECTORS: N Gilmore
C Gilmore





REGISTERED OFFICE: Pembroke House
Llantarnam Park Way
Cwmbran
Torfaen
NP44 3AU





REGISTERED NUMBER: 10660512 (England and Wales)





ACCOUNTANTS: Green & Co
Chartered Certified Accountants
Pembroke House
Llantarnam Park Way
Cwmbran
Torfaen
NP44 3AU

K B BUILDING CONTRACTORS LIMITED (REGISTERED NUMBER: 10660512)

BALANCE SHEET
31ST MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 36,979 13,517

CURRENT ASSETS
Stocks 54,255 14,581
Debtors 5 7,449 41,835
Cash at bank 262,747 316,737
324,451 373,153
CREDITORS
Amounts falling due within one year 6 135,488 116,793
NET CURRENT ASSETS 188,963 256,360
TOTAL ASSETS LESS CURRENT
LIABILITIES

225,942

269,877

PROVISIONS FOR LIABILITIES 9,245 2,769
NET ASSETS 216,697 267,108

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 216,597 267,008
SHAREHOLDERS' FUNDS 216,697 267,108

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

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

K B BUILDING CONTRACTORS LIMITED (REGISTERED NUMBER: 10660512)

BALANCE SHEET - continued
31ST MARCH 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 Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24th July 2025 and were signed on its behalf by:





N Gilmore - Director


K B BUILDING CONTRACTORS LIMITED (REGISTERED NUMBER: 10660512)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025

1. STATUTORY INFORMATION

K B 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.

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 - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

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 year comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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.


K B BUILDING CONTRACTORS LIMITED (REGISTERED NUMBER: 10660512)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1st April 2024 1,234 72,061 1,291 74,586
Additions 625 40,000 - 40,625
Disposals - (26,680 ) - (26,680 )
At 31st March 2025 1,859 85,381 1,291 88,531
DEPRECIATION
At 1st April 2024 837 59,832 400 61,069
Charge for year 204 11,851 178 12,233
Eliminated on disposal - (21,750 ) - (21,750 )
At 31st March 2025 1,041 49,933 578 51,552
NET BOOK VALUE
At 31st March 2025 818 35,448 713 36,979
At 31st March 2024 397 12,229 891 13,517

K B BUILDING CONTRACTORS LIMITED (REGISTERED NUMBER: 10660512)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 7,449 4,242
Directors' current accounts - 1,593
Prepayments - 36,000
7,449 41,835

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 29,969 4,301
Amounts owed to associates 994 994
Corporation Tax 7,544 4,883
Social security and other taxes 1,607 2,286
VAT 6,396 13,278
Other creditors 84,933 87,442
Directors' current accounts 52 -
Accrued expenses 3,993 3,609
135,488 116,793

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
45 Ordinary A £1 45 45
45 Ordinary B £1 45 45
5 Ordinary C £1 5 5
5 Ordinary D £1 5 5
100 100

8. RELATED PARTY DISCLOSURES

The company had an outstanding directors loan debtor at the year end due to N Gilmore of £52 (2024 due from: £1,593).