Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-31falseconstructionThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false2024-04-0122falsetrue 07527486 2024-04-01 2025-03-31 07527486 2023-04-01 2024-03-31 07527486 2025-03-31 07527486 2024-03-31 07527486 c:Director1 2024-04-01 2025-03-31 07527486 c:Director2 2024-04-01 2025-03-31 07527486 d:PlantMachinery 2024-04-01 2025-03-31 07527486 d:PlantMachinery 2025-03-31 07527486 d:PlantMachinery 2024-03-31 07527486 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 07527486 d:MotorVehicles 2024-04-01 2025-03-31 07527486 d:MotorVehicles 2025-03-31 07527486 d:MotorVehicles 2024-03-31 07527486 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 07527486 d:FurnitureFittings 2024-04-01 2025-03-31 07527486 d:FurnitureFittings 2025-03-31 07527486 d:FurnitureFittings 2024-03-31 07527486 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 07527486 d:ComputerEquipment 2024-04-01 2025-03-31 07527486 d:ComputerEquipment 2025-03-31 07527486 d:ComputerEquipment 2024-03-31 07527486 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 07527486 d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 07527486 d:CurrentFinancialInstruments 2025-03-31 07527486 d:CurrentFinancialInstruments 2024-03-31 07527486 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 07527486 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 07527486 d:ShareCapital 2025-03-31 07527486 d:ShareCapital 2024-03-31 07527486 d:RetainedEarningsAccumulatedLosses 2025-03-31 07527486 d:RetainedEarningsAccumulatedLosses 2024-03-31 07527486 d:AcceleratedTaxDepreciationDeferredTax 2025-03-31 07527486 d:AcceleratedTaxDepreciationDeferredTax 2024-03-31 07527486 c:FRS102 2024-04-01 2025-03-31 07527486 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 07527486 c:FullAccounts 2024-04-01 2025-03-31 07527486 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07527486 2 2024-04-01 2025-03-31 07527486 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: 07527486









PRIMARY BUILDING SOLUTIONS LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

 
PRIMARY BUILDING SOLUTIONS LTD
 

CONTENTS



Page
Balance Sheet
1 - 2
Notes to the Financial Statements
3 - 8


 
PRIMARY BUILDING SOLUTIONS LTD
REGISTERED NUMBER: 07527486

BALANCE SHEET
AS AT 31 MARCH 2025

2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 4 
99,875
17,007

  
99,875
17,007

Current assets
  

Debtors: amounts falling due within one year
 5 
35,561
177,024

Cash at bank and in hand
 6 
1,122,359
1,100,886

  
1,157,920
1,277,910

Creditors: amounts falling due within one year
 7 
(3,402)
(48,961)

Net current assets
  
 
 
1,154,518
 
 
1,228,949

Total assets less current liabilities
  
1,254,393
1,245,956

Provisions for liabilities
  

Deferred tax
 8 
(24,969)
(4,252)

  
 
 
(24,969)
 
 
(4,252)

Net assets
  
1,229,424
1,241,704


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
1,229,422
1,241,702

  
1,229,424
1,241,704


Page 1

 
PRIMARY BUILDING SOLUTIONS LTD
REGISTERED NUMBER: 07527486
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
G Roberts
................................................
L Bugliarello
Director
Director


Date: 22 August 2025

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
PRIMARY BUILDING SOLUTIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1.


General information

Primary Building Solutions Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Drake House, Gadbrook Park, Northwich, United Kingdom, CW9 7RA. 
The principal activity of the company continued to be that of construction.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

These financial statements are prepared on the going concern basis. The directors have a reasonable expectation that the company will continue in operational existence for the foreseeable future. 

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 
PRIMARY BUILDING SOLUTIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.7

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


 
2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
25%
reducing balance
Motor vehicles
-
25%
reducing balance
Fixtures and fittings
-
25%
reducing balance
Computer equipment
-
25%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 4

 
PRIMARY BUILDING SOLUTIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.11

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.12

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

  
2.13

Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.  
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

  
2.14

Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 2).

Page 5

 
PRIMARY BUILDING SOLUTIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Fixtures and fittings
Computer equipment
Total

£
£
£
£
£



Cost or valuation


At 1 April 2024
36,145
28,773
1,303
12,788
79,009


Additions
-
116,000
-
1,261
117,261


Disposals
-
(11,000)
-
-
(11,000)



At 31 March 2025

36,145
133,773
1,303
14,049
185,270



Depreciation


At 1 April 2024
24,582
25,692
1,076
10,652
62,002


Charge for the year on owned assets
2,891
29,495
57
849
33,292


Disposals
-
(9,899)
-
-
(9,899)



At 31 March 2025

27,473
45,288
1,133
11,501
85,395



Net book value



At 31 March 2025
8,672
88,485
170
2,548
99,875



At 31 March 2024
11,563
3,081
227
2,136
17,007


5.


Debtors

2025
2024
£
£


Trade debtors
-
125,585

Other debtors
4,770
22,159

Prepayments and accrued income
30,791
29,280

35,561
177,024


Page 6

 
PRIMARY BUILDING SOLUTIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

6.


Cash and cash equivalents

2025
2024
£
£

Cash at bank and in hand
1,122,359
1,100,886

1,122,359
1,100,886



7.


Creditors: Amounts falling due within one year

2025
2024
£
£

Trade creditors
90
11,264

Corporation tax
1,441
35,148

Other taxation and social security
216
670

Accruals and deferred income
1,655
1,879

3,402
48,961



8.


Deferred taxation




2025


£






At beginning of year
(4,252)


Charged to profit or loss
(20,717)



At end of year
(24,969)

The provision for deferred taxation is made up as follows:

2025
2024
£
£


Accelerated capital allowances
(24,969)
(4,252)

(24,969)
(4,252)

Page 7

 
PRIMARY BUILDING SOLUTIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

9.


Related party transactions

During the year the Directors advanced £20,210 (2024: £624) to the Company and were repaid £5,502 (2024: £20,482). At 31 March 2025 the directors owed the company £4,726 (2024: £19,434). Interest has been charged to the Directors in respect of this loan which is repayable on demand and classified in debtors due within one year. 

 
Page 8