| REGISTERED NUMBER: |
| Audited Financial Statements |
| for the Year Ended 31 March 2025 |
| for |
| Cousins Building & Refurbishment Ltd |
| REGISTERED NUMBER: |
| Audited Financial Statements |
| for the Year Ended 31 March 2025 |
| for |
| Cousins Building & Refurbishment Ltd |
| Cousins Building & Refurbishment Ltd (Registered number: 02489316) |
| Contents of the Financial Statements |
| for the Year Ended 31 March 2025 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 3 |
| Cousins Building & Refurbishment Ltd |
| Company Information |
| for the Year Ended 31 March 2025 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| SENIOR STATUTORY AUDITOR: |
| AUDITORS: |
| Chartered Accountants and Statutory Auditor |
| 1 Minster Court |
| Tuscam Way |
| Camberley |
| Surrey |
| GU15 3YY |
| Cousins Building & Refurbishment Ltd (Registered number: 02489316) |
| Statement of Financial Position |
| 31 March 2025 |
| 2025 | 2024 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors | 4 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 | ( |
) | ( |
) |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Cousins Building & Refurbishment Ltd (Registered number: 02489316) |
| Notes to the Financial Statements |
| for the Year Ended 31 March 2025 |
| 1. | STATUTORY INFORMATION |
| Cousins Building & Refurbishment Ltd is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents amounts receivable for goods and services net of VAT and trade discounts. |
| Profit is recognised on long term contracts, if the final outcome can be assessed with reasonable certainty, by including in the Income Statement turnover and related costs as contract activity progresses. Turnover is calculated by a surveyors valuation less any provisions for non-recovery. |
| 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 statement of financial position date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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. |
| Going concern |
| The directors have considered the going concern assumption as it relates to the company. The directors have drawn up forecasts for the foreseeable future and after considering cashflow and any additional support available within the group, believe that the company will continue as a going concern. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| VAT |
| Cousins Building & Refurbishment Ltd (Registered number: 02489316) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2025 |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade creditors |
| Amounts owed to group undertakings |
| Accruals |
| 6. | SECURED DEBTS |
| During the year Barclays Bank Plc held a fixed and floating charge over the undertaking and its assets, present and future. This charge was satisfied after the year end. |
| 7. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
| The Report of the Auditors was unqualified. |
| for and on behalf of |
| 8. | CONTINGENT LIABILITIES |
| During the year the bank held an unlimited supported cross-guarantee between all four group companies. |
| 9. | ULTIMATE PARENT COMPANY |
| The ultimate controlling party is Cousins Employee Ownership Trust. The immediate and ultimate parent company is Cousins Group Limited which is the parent company of the largest and smallest group for which consolidated accounts are prepared. Cousins Group Limited is registered at 1 Minster Court, Tuscam Way, Camberley, Surrey, GU15 3YY. |