Company Registration No. 15695609 (England and Wales)
Buildex Supplies Ltd
Unaudited accounts
for the period from 30 April 2024 to 30 April 2025
Buildex Supplies Ltd
Unaudited accounts
Contents
Buildex Supplies Ltd
Company Information
for the period from 30 April 2024 to 30 April 2025
Director
Satinderpal Singh
Company Number
15695609 (England and Wales)
Registered Office
Buildex Supplies Ltd
Unit 3
Cosgrove Way
Luton
Bedfordshire
LU1 1XL
England
Accountants
ABMO Consultancy
37 Taplow Road
Taplow
South Bucks
SL6 0JN
Buildex Supplies Ltd
Statement of financial position
as at 30 April 2025
Cash at bank and in hand
41,587
Creditors: amounts falling due within one year
(389,519)
Net current liabilities
(64,458)
Total assets less current liabilities
(42,318)
Provisions for liabilities
Called up share capital
100
Profit and loss account
(46,625)
Shareholders' funds
(46,525)
For the period ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 8 August 2025 and were signed on its behalf by
Satinderpal Singh
Director
Company Registration No. 15695609
Buildex Supplies Ltd
Notes to the Accounts
for the period from 30 April 2024 to 30 April 2025
Buildex Supplies Ltd is a private company, limited by shares, registered in England and Wales, registration number 15695609. The registered office is Buildex Supplies Ltd, Unit 3, Cosgrove Way, Luton, Bedfordshire, LU1 1XL, England.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the period from 30 April 2024 to 30 April 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 30 April 2024.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
10 Years Straight Line
Fixtures & fittings
10 Years Straight Line
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Buildex Supplies Ltd
Notes to the Accounts
for the period from 30 April 2024 to 30 April 2025
The financial statements have been prepared using the going concern basis of accounting. The Directors further confirm that the company has adequate resources to continue in operational existence for the foreseeable future.
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Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
Additions
19,500
5,100
24,600
At 30 April 2025
19,500
5,100
24,600
Charge for the period
1,950
510
2,460
At 30 April 2025
1,950
510
2,460
At 30 April 2025
17,550
4,590
22,140
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
Taxes and social security
4,871
Loans from directors
50,970
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Average number of employees
During the period the average number of employees was 2.