The Blewbury Building Company Limited 07559543 false 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is Construction Of Domestic Buildings Digita Accounts Production Advanced 6.30.9574.0 true true 07559543 2024-04-01 2025-03-31 07559543 2025-03-31 07559543 core:FinanceLeases core:CurrentFinancialInstruments 2025-03-31 07559543 core:FinanceLeases core:Non-currentFinancialInstruments 2025-03-31 07559543 core:CurrentFinancialInstruments 2025-03-31 07559543 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 07559543 core:Non-currentFinancialInstruments 2025-03-31 07559543 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 07559543 core:Goodwill 2025-03-31 07559543 core:FurnitureFittingsToolsEquipment 2025-03-31 07559543 core:MotorVehicles 2025-03-31 07559543 core:OtherPropertyPlantEquipment 2025-03-31 07559543 bus:SmallEntities 2024-04-01 2025-03-31 07559543 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 07559543 bus:FilletedAccounts 2024-04-01 2025-03-31 07559543 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07559543 bus:RegisteredOffice 2024-04-01 2025-03-31 07559543 bus:Director1 2024-04-01 2025-03-31 07559543 bus:Director2 2024-04-01 2025-03-31 07559543 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07559543 core:Goodwill 2024-04-01 2025-03-31 07559543 core:ComputerEquipment 2024-04-01 2025-03-31 07559543 core:FurnitureFittingsToolsEquipment 2024-04-01 2025-03-31 07559543 core:MotorCars 2024-04-01 2025-03-31 07559543 core:MotorVehicles 2024-04-01 2025-03-31 07559543 core:OtherPropertyPlantEquipment 2024-04-01 2025-03-31 07559543 core:PlantMachinery 2024-04-01 2025-03-31 07559543 countries:AllCountries 2024-04-01 2025-03-31 07559543 2024-03-31 07559543 core:Goodwill 2024-03-31 07559543 core:FurnitureFittingsToolsEquipment 2024-03-31 07559543 core:MotorVehicles 2024-03-31 07559543 core:OtherPropertyPlantEquipment 2024-03-31 07559543 2023-04-01 2024-03-31 07559543 2024-03-31 07559543 core:FinanceLeases core:CurrentFinancialInstruments 2024-03-31 07559543 core:FinanceLeases core:Non-currentFinancialInstruments 2024-03-31 07559543 core:CurrentFinancialInstruments 2024-03-31 07559543 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 07559543 core:Non-currentFinancialInstruments 2024-03-31 07559543 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 07559543 core:FurnitureFittingsToolsEquipment 2024-03-31 07559543 core:MotorVehicles 2024-03-31 07559543 core:OtherPropertyPlantEquipment 2024-03-31 iso4217:GBP xbrli:pure

Registration number: 07559543

The Blewbury Building Company Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2025

 

The Blewbury Building Company Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 10

 

The Blewbury Building Company Limited

Company Information

Directors

Mr M Walker

Mrs C Walker

Registered office

Vicarage Court
160 Ermin Street
Swindon
Wiltshire
SN3 4NE

Accountants

Regulatory Accounting Ltd
T/A Optimum Professional Services
Vicarage Court
160 Ermin Street
Swindon
Wiltshire
SN3 4NE

 

The Blewbury Building Company Limited

(Registration number: 07559543)
Balance Sheet as at 31 March 2025

Note

2025
£

2024
£

Fixed assets

 

Tangible assets

5

26,395

35,270

Current assets

 

Stocks

6

9,375

9,375

Debtors

7

280,705

317,594

Cash at bank and in hand

 

4,357

26,629

 

294,437

353,598

Creditors: Amounts falling due within one year

8

(81,138)

(88,490)

Net current assets

 

213,299

265,108

Total assets less current liabilities

 

239,694

300,378

Creditors: Amounts falling due after more than one year

8

(19,847)

(40,551)

Provisions for liabilities

(6,598)

(6,701)

Net assets

 

213,249

253,126

Capital and reserves

 

Called up share capital

100

100

Retained earnings

213,149

253,026

Shareholders' funds

 

213,249

253,126

 

The Blewbury Building Company Limited

(Registration number: 07559543)
Balance Sheet as at 31 March 2025

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 4 August 2025 and signed on its behalf by:
 

.........................................
Mr M Walker
Director

.........................................
Mrs C Walker
Director

 

The Blewbury Building Company Limited

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

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Vicarage Court
160 Ermin Street
Swindon
Wiltshire
SN3 4NE
England

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

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

Going concern

The directors have considered the ability of the company to continue as a going concern, particularly in light of economic conditions caused by the pandemic. As a result of this assessment, the directors have concluded that there are no material uncertainties arising that may cast significant doubt about the company's ability to continue as a going concern.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

The Blewbury Building Company Limited

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

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

25% Reducing Balance

Motor vehicles

25% Reducing Balance

Computer equipment

33% Reducing Balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Goodwill

10 years, straight line

 

The Blewbury Building Company Limited

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

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

 

The Blewbury Building Company Limited

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

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Defined benefit pension obligation

Typically defined benefit plans define an amount of pension benefit that an employee will receive on retirement, usually dependent on one or more factors such as age, years of service and compensation.

The liability recognised in the balance sheet in respect of defined benefit pension plans is the present value of the defined benefit obligation at the reporting date minus the fair value of plan assets. The defined benefit obligation is measured using the projected unit credit method. The present value of the defined benefit obligation is determined by discounting the estimated future payments by reference to market yields at the reporting date on high-quality corporate bonds that are denominated in the currency in which the benefits will be paid, and that have terms to maturity approximating to the terms of the related pension liability.

Actuarial gains and losses are charged or credited to other comprehensive income in the period in which they arise.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 3).

 

The Blewbury Building Company Limited

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

4

Intangible assets

Goodwill
 £

Total
£

Cost or valuation

At 1 April 2024

37,000

37,000

At 31 March 2025

37,000

37,000

Amortisation

At 1 April 2024

37,000

37,000

At 31 March 2025

37,000

37,000

Carrying amount

At 31 March 2025

-

-

5

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Other tangible assets
£

Total
£

Cost or valuation

At 1 April 2024

3,167

73,181

21,438

97,786

At 31 March 2025

3,167

73,181

21,438

97,786

Depreciation

At 1 April 2024

2,467

44,794

15,255

62,516

Charge for the year

233

7,096

1,546

8,875

At 31 March 2025

2,700

51,890

16,801

71,391

Carrying amount

At 31 March 2025

467

21,291

4,637

26,395

At 31 March 2024

700

28,387

6,183

35,270

 

The Blewbury Building Company Limited

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

6

Stocks

2025
£

2024
£

Work in progress

2,375

2,375

Other inventories

7,000

7,000

9,375

9,375

7

Debtors

Current

2025
£

2024
£

Trade debtors

377

27,266

Other debtors

280,328

290,328

 

280,705

317,594

 

The Blewbury Building Company Limited

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

8

Creditors

Creditors: amounts falling due within one year

Note

2025
£

2024
£

Due within one year

 

Loans and borrowings

9

37,112

28,728

Trade creditors

 

15,077

7,451

Taxation and social security

 

25,263

41,383

Accruals and deferred income

 

3,267

2,970

Other creditors

 

419

7,958

 

81,138

88,490

Creditors: amounts falling due after more than one year

Note

2025
£

2024
£

Due after one year

 

Loans and borrowings

9

19,847

40,551

9

Loans and borrowings

Non-current loans and borrowings

2025
£

2024
£

Bank borrowings

10,637

15,661

Finance lease liabilities

9,210

24,890

19,847

40,551

Current loans and borrowings

2025
£

2024
£

Bank borrowings

10,376

10,119

Finance lease liabilities

26,736

18,609

37,112

28,728

Included within finance lease liabilities is hire purchase agreements for company vehicles, the vehicle is security held over the finance.