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REGISTERED NUMBER: 04317852 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

SRB BUILDING & DECORATING CONTRACTORS
LIMITED

SRB BUILDING & DECORATING CONTRACTORS
LIMITED (REGISTERED NUMBER: 04317852)






Contents of the Financial Statements
for the year ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SRB BUILDING & DECORATING CONTRACTORS
LIMITED

Company Information
for the year ended 31 December 2024







DIRECTORS: S R Bosley
S C Bosley





SECRETARY: S C Bosley





REGISTERED OFFICE: Preston Park House
South Road
Brighton
East Sussex
BN1 6SB





REGISTERED NUMBER: 04317852 (England and Wales)





ACCOUNTANTS: Plus Accounting
Chartered Accountants
Preston Park House
South Road
Brighton
East Sussex
BN1 6SB

SRB BUILDING & DECORATING CONTRACTORS
LIMITED (REGISTERED NUMBER: 04317852)

Balance Sheet
31 December 2024

2024 2023
Notes £ £
FIXED ASSETS
Tangible assets 4 865 1,550

CURRENT ASSETS
Stocks 1,500 1,500
Debtors 5 51,208 32,562
Cash at bank 6 6
52,714 34,068
CREDITORS
Amounts falling due within one year 6 (46,828 ) (35,608 )
NET CURRENT ASSETS/(LIABILITIES) 5,886 (1,540 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,751

10

CREDITORS
Amounts falling due after more than one
year

7

(25,218

)

(30,569

)

PROVISIONS FOR LIABILITIES 8 (164 ) (295 )
NET LIABILITIES (18,631 ) (30,854 )

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings (18,731 ) (30,954 )
SHAREHOLDERS' FUNDS (18,631 ) (30,854 )

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

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

SRB BUILDING & DECORATING CONTRACTORS
LIMITED (REGISTERED NUMBER: 04317852)

Balance Sheet - continued
31 December 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 11 August 2025 and were signed on its behalf by:





S R Bosley - Director


SRB BUILDING & DECORATING CONTRACTORS
LIMITED (REGISTERED NUMBER: 04317852)

Notes to the Financial Statements
for the year ended 31 December 2024

1. STATUTORY INFORMATION

SRB Building & Decorating Contractor Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number, registered office address and business address can be found on the Company Information page.

The presentational currency of the financial statements is the Pound Sterling (£).

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 represents the fair value of consideration received or receivable net of VAT and trade discounts. Revenue from the sale of services is recognised at the point of sale.

Tangible fixed assets
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office building- 20 years on cost
Tools & equipment- 15 years on cost
Motor vehicles- 20% reducing balance
Computer equipment- 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

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.


SRB BUILDING & DECORATING CONTRACTORS
LIMITED (REGISTERED NUMBER: 04317852)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

2. ACCOUNTING POLICIES - continued
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.

Impairment
At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Going concern
The director has a reasonable expectation that the company has adequate resources to continue in existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Office Tools and Motor Computer
building equipment vehicles equipment Totals
£ £ £ £ £
COST
At 1 January 2024 9,219 1,847 7,163 3,448 21,677
Disposals - - - (2,667 ) (2,667 )
At 31 December 2024 9,219 1,847 7,163 781 19,010
DEPRECIATION
At 1 January 2024 8,757 1,847 6,083 3,440 20,127
Charge for year 461 - 216 8 685
Eliminated on disposal - - - (2,667 ) (2,667 )
At 31 December 2024 9,218 1,847 6,299 781 18,145
NET BOOK VALUE
At 31 December 2024 1 - 864 - 865
At 31 December 2023 462 - 1,080 8 1,550

SRB BUILDING & DECORATING CONTRACTORS
LIMITED (REGISTERED NUMBER: 04317852)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 9,458 -
Other debtors 41,750 32,562
51,208 32,562

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 18,625 14,087
Taxation and social security 25,662 18,744
Other creditors 2,541 2,777
46,828 35,608

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£ £
Bank loans 25,218 30,569

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 379 5,730

8. PROVISIONS FOR LIABILITIES
2024 2023
£ £
Deferred tax 164 295

Deferred tax
£
Balance at 1 January 2024 295
Accelerated capital allowances (131 )
Balance at 31 December 2024 164

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
100 Ordinary £1 100 100

SRB BUILDING & DECORATING CONTRACTORS
LIMITED (REGISTERED NUMBER: 04317852)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024 2023
£ £
S R Bosley
Balance outstanding at start of year 28,123 59,965
Amounts advanced 39,616 40,736
Amounts repaid (36,107 ) (72,578 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 31,632 28,123

Director's loan is repayable on demand and interest has been charged at rate of 2.25% where the loan balance exceeds £10,000.