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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
Page
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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
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Buildex Supplies Ltd Statement of financial position as at 30 April 2025
2025 
Notes
£ 
Fixed assets
Tangible assets
22,140 
Current assets
Inventories
231,255 
Debtors
52,219 
Cash at bank and in hand
41,587 
325,061 
Creditors: amounts falling due within one year
(389,519)
Net current liabilities
(64,458)
Total assets less current liabilities
(42,318)
Provisions for liabilities
Deferred tax
(4,207)
Net liabilities
(46,525)
Capital and reserves
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
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Buildex Supplies Ltd Notes to the Accounts for the period from 30 April 2024 to 30 April 2025
1
Statutory information
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.
2
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
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
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 taxation
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.
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Buildex Supplies Ltd Notes to the Accounts for the period from 30 April 2024 to 30 April 2025
Going concern
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.
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 30 April 2024
- 
- 
- 
Additions
19,500 
5,100 
24,600 
At 30 April 2025
19,500 
5,100 
24,600 
Depreciation
Charge for the period
1,950 
510 
2,460 
At 30 April 2025
1,950 
510 
2,460 
Net book value
At 30 April 2025
17,550 
4,590 
22,140 
5
Debtors
2025 
£ 
Amounts falling due within one year
VAT
37,815 
Trade debtors
14,404 
52,219 
6
Creditors: amounts falling due within one year
2025 
£ 
Trade creditors
115,795 
Taxes and social security
4,871 
Other creditors
195,480 
Loans from directors
50,970 
Deferred income
22,403 
389,519 
7
Average number of employees
During the period the average number of employees was 2.
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