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REGISTERED NUMBER: 05370010 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

HOUSE OF BUILDING LIMITED

HOUSE OF BUILDING LIMITED (REGISTERED NUMBER: 05370010)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HOUSE OF BUILDING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: Mr D Mizon
Mr J A Brauer-Jones





REGISTERED OFFICE: 3-5 Church Street
Reigate
Surrey
RH2 0AA





REGISTERED NUMBER: 05370010 (England and Wales)





ACCOUNTANTS: Galloways Accounting Limited
15 West Street
Brighton
East Sussex
BN1 2RL

HOUSE OF BUILDING LIMITED (REGISTERED NUMBER: 05370010)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 43,139 57,920

CURRENT ASSETS
Stocks 57,500 144,514
Debtors 5 505,378 300,419
Cash at bank and in hand 517,763 302,635
1,080,641 747,568
CREDITORS
Amounts falling due within one year 6 915,898 694,738
NET CURRENT ASSETS 164,743 52,830
TOTAL ASSETS LESS CURRENT LIABILITIES 207,882 110,750

CREDITORS
Amounts falling due after more than one year 7 - (45,207 )

PROVISIONS FOR LIABILITIES (9,389 ) -
NET ASSETS 198,493 65,543

CAPITAL AND RESERVES
Called up share capital 400 400
Retained earnings 198,093 65,143
198,493 65,543

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 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.

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 Board of Directors and authorised for issue on 24 July 2025 and were signed on its behalf by:





Mr D Mizon - Director


HOUSE OF BUILDING LIMITED (REGISTERED NUMBER: 05370010)

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


1. STATUTORY INFORMATION

House of Building 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.

Critical accounting judgements and key sources of estimation uncertainty
The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are as follows:

Provision for bad or doubtful debts
A provision for bad and doubtful debts is established where it is estimated that trade or other debtors are not fully recoverable. When assessing recoverability the Directors consider factors such as the ageing of the receivables, past experience of recoverrability, and the credit profile off individual or groups of debtors.

Impairment of fixed assets
Determine whether there are indicators of impairment of the company's fixed assets. Factors taken into consideration in reaching such a decision include the economic viability and expected future financial performance of the asset and where it is a component of a larger cash-generating unit, the viability and expected future performance of that unit.

Tangible fixed assets
Tangible fixed assets are depreciated over their useful lives taking into account residual values, where appropriate. The actual lives of the assets and residual values are assessed annually and may vary depending on a number of factors. In re-assessing asset lives, factors such as technological innovation, product life cycles and maintenance programmes are taken into account. Residual value assessments consider issued such as future market conditions, the remaining life of the asset and projected disposal values.

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 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.

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 10 (2024 - 9 ) .

HOUSE OF BUILDING LIMITED (REGISTERED NUMBER: 05370010)

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


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2024 11,900 52,187 24,088 88,175
Additions - 766 - 766
Disposals - (3,955 ) - (3,955 )
At 31 March 2025 11,900 48,998 24,088 84,986
DEPRECIATION
At 1 April 2024 4,648 14,998 10,609 30,255
Charge for year 1,813 9,197 3,370 14,380
Eliminated on disposal - (2,788 ) - (2,788 )
At 31 March 2025 6,461 21,407 13,979 41,847
NET BOOK VALUE
At 31 March 2025 5,439 27,591 10,109 43,139
At 31 March 2024 7,252 37,189 13,479 57,920

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 87,558 177,987
Amounts owed by associates 377,067 40,617
Directors' current accounts - 30,199
Prepayments and accrued income 40,753 51,616
505,378 300,419

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 45,207 65,052
Trade creditors 203,565 294,310
Tax 107,120 95,412
Social security and other taxes 36,617 25,719
VAT 227,654 154,500
Other creditors 14,826 16,671
Directors' current accounts 139,012 8,588
Accruals and deferred income 141,897 34,486
915,898 694,738

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans - 1-2 years - 45,207

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2025 2024
£    £   
Within one year 17,552 17,147
Between one and five years 60,179 -
In more than five years - 76,584
77,731 93,731

HOUSE OF BUILDING LIMITED (REGISTERED NUMBER: 05370010)

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


9. RELATED PARTY DISCLOSURES

At the year end the company owed the director, D Mizon £133,378 (2024: owed to the company £30,199).

At the year end the company was owed £27,004 (2024: £25,664) from House of Energy Limited and £350,063 (2024: £14,953) from Empty Developments Limited. Both of these companies have a director and shareholder connected with this company.