PTP Accounts Production v25.1.0.734 07336098 Board of Directors 1.9.23 31.8.24 31.8.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh073360982023-08-31073360982024-08-31073360982023-09-012024-08-31073360982022-08-31073360982022-09-012023-08-31073360982023-08-3107336098ns15:EnglandWales2023-09-012024-08-3107336098ns14:PoundSterling2023-09-012024-08-3107336098ns10:Director12023-09-012024-08-3107336098ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3107336098ns10:SmallEntities2023-09-012024-08-3107336098ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3107336098ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3107336098ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3107336098ns10:FullAccounts2023-09-012024-08-3107336098ns10:Director22023-09-012024-08-3107336098ns10:Director32023-09-012024-08-3107336098ns10:CompanySecretary12023-09-012024-08-3107336098ns10:RegisteredOffice2023-09-012024-08-3107336098ns5:CurrentFinancialInstruments2024-08-3107336098ns5:CurrentFinancialInstruments2023-08-3107336098ns5:Non-currentFinancialInstruments2024-08-3107336098ns5:Non-currentFinancialInstruments2023-08-3107336098ns5:ShareCapital2024-08-3107336098ns5:ShareCapital2023-08-3107336098ns5:RetainedEarningsAccumulatedLosses2024-08-3107336098ns5:RetainedEarningsAccumulatedLosses2023-08-3107336098ns5:PlantMachinery2023-09-012024-08-3107336098ns5:PlantMachinery2023-08-3107336098ns5:PlantMachinery2024-08-3107336098ns5:PlantMachinery2023-08-3107336098ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-08-3107336098ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-09-012024-08-3107336098ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-08-3107336098ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-08-3107336098ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-3107336098ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-31
REGISTERED NUMBER: 07336098 (England and Wales)















Financial Statements for the Year Ended 31 August 2024

for

Buildserve (SW) Limited

Buildserve (SW) Limited (Registered number: 07336098)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Buildserve (SW) Limited

Company Information
for the Year Ended 31 August 2024







DIRECTORS: C J Whitford
C L Whitford
G Geach





SECRETARY: C J Whitford





REGISTERED OFFICE: Granary End
Biscovey Road
Biscovey
Par
Cornwall
PL24 2HW





REGISTERED NUMBER: 07336098 (England and Wales)





ACCOUNTANTS: Sovereign Accounting Solutions
Chartered Accountants and Business Advisers
Unit 9
Moorland Road Industrial Park
Moorland Road, Indian Queens
St Columb
Cornwall
TR9 6FB

Buildserve (SW) Limited (Registered number: 07336098)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 85,372 85,249

CURRENT ASSETS
Stocks 9,600 10,200
Debtors 5 464,945 298,316
Cash at bank 279,057 502,777
753,602 811,293
CREDITORS
Amounts falling due within one year 6 91,335 141,083
NET CURRENT ASSETS 662,267 670,210
TOTAL ASSETS LESS CURRENT
LIABILITIES

747,639

755,459

CREDITORS
Amounts falling due after more than one
year

7

(41,751

)

(53,470

)

PROVISIONS FOR LIABILITIES (17,587 ) (15,106 )
NET ASSETS 688,301 686,883

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 688,300 686,882
SHAREHOLDERS' FUNDS 688,301 686,883

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 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.

Buildserve (SW) Limited (Registered number: 07336098)

Balance Sheet - continued
31 August 2024


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 22 July 2025 and were signed on its behalf by:





C J Whitford - Director


Buildserve (SW) Limited (Registered number: 07336098)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Buildserve (SW) 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance and 20% 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.

Taxation
Taxation for the year 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 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Buildserve (SW) Limited (Registered number: 07336098)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 9 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2023 279,271
Additions 29,000
Disposals (12,963 )
At 31 August 2024 295,308
DEPRECIATION
At 1 September 2023 194,022
Charge for year 23,567
Eliminated on disposal (7,653 )
At 31 August 2024 209,936
NET BOOK VALUE
At 31 August 2024 85,372
At 31 August 2023 85,249

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 September 2023
and 31 August 2024 99,589
DEPRECIATION
At 1 September 2023 52,623
Charge for year 10,335
At 31 August 2024 62,958
NET BOOK VALUE
At 31 August 2024 36,631
At 31 August 2023 46,966

Buildserve (SW) Limited (Registered number: 07336098)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 249,814 205,003
Other debtors 215,131 93,313
464,945 298,316

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Hire purchase contracts 14,110 14,110
Trade creditors 23,189 58,876
Taxation and social security 50,591 60,026
Other creditors 3,445 8,071
91,335 141,083

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.24 31.8.23
£    £   
Hire purchase contracts 9,486 23,597
Other creditors 32,265 29,873
41,751 53,470

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs 32,265 29,873

8. SECURED DEBTS

The following secured debts are included within creditors:

31.8.24 31.8.23
£    £   
Hire purchase contracts 23,596 37,707