Company registration number 11521164 (England and Wales)
PERIOD HOUSE BUILDERS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
PAGES FOR FILING WITH REGISTRAR
PERIOD HOUSE BUILDERS LTD
CONTENTS
Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 5
PERIOD HOUSE BUILDERS LTD
STATEMENT OF FINANCIAL POSITION
AS AT
31 AUGUST 2024
31 August 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Investments
3
3
3
Current assets
Stocks
231,018
349,018
Debtors
5,885
7,500
Cash at bank and in hand
18
125
236,921
356,643
Creditors: amounts falling due within one year
(221,682)
(330,708)
Net current assets
15,239
25,935
Total assets less current liabilities
15,242
25,938
Creditors: amounts falling due after more than one year
(14,380)
(18,163)
Net assets
862
7,775
Capital and reserves
Called up share capital
4
6
6
Profit and loss reserves
5
856
7,769
Total equity
862
7,775
PERIOD HOUSE BUILDERS LTD
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT
31 AUGUST 2024
31 August 2024
- 2 -

For the financial year ended 31 August 2024 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 of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These 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, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).

The director of the company has elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 29 August 2025
Mr S N Barber
Director
Company registration number 11521164 (England and Wales)
PERIOD HOUSE BUILDERS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
- 3 -
1
Accounting policies
Company information

Period House Builders Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 5 Suffolk Parade, Cheltenham, United Kingdom, GL50 2AB.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

Atruet the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Fixed asset investments

Investments in subsidiary undertakings are recognised at cost.

1.4
Stocks

Work in progress is valued at the lower of cost and net realisable value.

 

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

1.5
Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
1
1
PERIOD HOUSE BUILDERS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
- 4 -
3
Fixed asset investments
2024
2023
£
£
Shares in group undertakings
3
3

The investment represents the cost of ownership of the whole of the issued equity share capital of Cotswold Stone Homes Ltd.

4
Called up share capital
2024
2023
Ordinary share capital
£
£
Issued and fully paid
Ordinary shares of 1p each
6
6
5
Profit and loss reserves
2024
2023
£
£
At the beginning of the year
7,769
12,999
Adjusted balance
7,769
12,999
Loss for the year
(6,913)
(5,230)
At the end of the year
856
7,769
PERIOD HOUSE BUILDERS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
- 5 -
6
Related party transactions

S N Barber

Director and shareholder

 

In a previous period, the company lent Mr Barber £18,094. During the year, Mr Barber repaid the company £3,257. The amount due from the related party at the year end was £14,837 (2023: £18,094). This loan is unsecured, interest-free and repayable on demand.

 

Cotswold Stone Homes Limited

Wholly owned subsidiary

 

In a previous period, Cotswold Stone Homes loaned the company £345,364 as working capital. During the year, the company repaid the related party £117,256. The amount due to the related party at the year end was £228,108 (2023: £345,364). The amount is unsecured, interest-free and repayable on demand.

 

 

 

 

 

 

 

 

 

 

 

 

 

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