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REGISTERED NUMBER: 13845204 (England and Wales)























Unaudited Financial Statements

for the Year Ended 28 February 2025

for

B Margerison Builders Limited

B Margerison Builders Limited (Registered number: 13845204)

Contents of the Financial Statements
for the Year Ended 28 February 2025










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


B Margerison Builders Limited

Company Information
for the Year Ended 28 February 2025







DIRECTOR: Mr B M Margerison





REGISTERED OFFICE: 316 Blackpool Road Fulwood
Preston
Lancashire
PR2 3AE





REGISTERED NUMBER: 13845204 (England and Wales)





ACCOUNTANTS: McDade Roberts Accountants Limited
Chartered Accountants
316 Blackpool Road
Fulwood
Preston
Lancashire
PR2 3AE

B Margerison Builders Limited (Registered number: 13845204)

Statement of Financial Position
28 February 2025

28.2.25 28.2.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 15,000 20,014
Tangible assets 5 4,879 7,787
19,879 27,801

CURRENT ASSETS
Debtors 6 58,051 75,751
Cash at bank 172,805 87,866
230,856 163,617
CREDITORS
Amounts falling due within one year 7 133,661 109,169
NET CURRENT ASSETS 97,195 54,448
TOTAL ASSETS LESS CURRENT
LIABILITIES

117,074

82,249

PROVISIONS FOR LIABILITIES 1,101 2,545
NET ASSETS 115,973 79,704

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 115,873 79,604
115,973 79,704

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

B Margerison Builders Limited (Registered number: 13845204)

Statement of Financial Position - continued
28 February 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 July 2025 and were signed by:





Mr B M Margerison - Director


B Margerison Builders Limited (Registered number: 13845204)

Notes to the Financial Statements
for the Year Ended 28 February 2025


1. STATUTORY INFORMATION

B Margerison Builders 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of five 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 - 25% on cost
Motor vehicles - 20% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

B Margerison Builders Limited (Registered number: 13845204)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025


2. ACCOUNTING POLICIES - continued

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.

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 year was 2 (2024 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 29 February 2024
and 28 February 2025 25,000
AMORTISATION
At 29 February 2024 4,986
Charge for year 5,014
At 28 February 2025 10,000
NET BOOK VALUE
At 28 February 2025 15,000
At 28 February 2024 20,014

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 29 February 2024
and 28 February 2025 13,451
DEPRECIATION
At 29 February 2024 5,664
Charge for year 2,908
At 28 February 2025 8,572
NET BOOK VALUE
At 28 February 2025 4,879
At 28 February 2024 7,787

B Margerison Builders Limited (Registered number: 13845204)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 28.2.24
£    £   
Trade debtors 55,374 73,145
Other debtors 2,677 2,606
58,051 75,751

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 28.2.24
£    £   
Trade creditors 2,758 6,052
Taxation and social security 19,553 9,308
Other creditors 111,350 93,809
133,661 109,169