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Registration number: 07340014

Tudor Construction (West Midlands) Ltd
Unaudited Filleted Financial Statements
for the Period from 1 September 2023 to 30 November 2024

Tudor Construction (West Midlands) Ltd

Contents

Company Information | 1
Balance Sheet | 2
Statement of Changes in Equity | 3
Notes to the Unaudited Financial Statements | 4 to 8

Tudor Construction (West Midlands) Ltd

Company Information

Director | Mr Dean Rochelle

Registered office | 20 Springfields Rushall Walsall West Midlands WS4 1JX

Accountants | Wychbury Greaves Station House Station Road Rugeley Staffordshire WS15 3HA

Tudor Construction (West Midlands) Ltd

(Registration number: 07340014)
Balance Sheet as at 30 November 2024

| Note | 2024 £ | 2023 £
Fixed assets |  |  |
Tangible assets | 4 | 1,468 | 2,784
Current assets |  |  |
Stocks | 5 | 1,396 | 5,563
Debtors |  | 1 | -
Cash at bank and in hand |  | 36,668 | 44,545
|  | 38,065 | 50,108
Creditors: Amounts falling due within one year |  | (18,651) | (25,708)
Net current assets |  | 19,414 | 24,400
Total assets less current liabilities |  | 20,882 | 27,184
Creditors: Amounts falling due after more than one year |  | (16,053) | (19,448)
Net assets |  | 4,829 | 7,736
Capital and reserves |  |  |
Called up share capital | 6 | 100 | 100
Retained earnings |  | 4,729 | 7,636
Shareholders' funds |  | 4,829 | 7,736

For the financial period ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 29 July 2025

......................................... Mr Dean Rochelle Director

Tudor Construction (West Midlands) Ltd

Statement of Changes in Equity for the Period from 1 September 2023 to 30 November 2024

| Share capital £ | Retained earnings £ | Total £
At 1 September 2023 | 100 | 7,636 | 7,736
Profit for the period | - | 24,593 | 24,593
Dividends | - | (27,500) | (27,500)
At 30 November 2024 | 100 | 4,729 | 4,829

| Share capital £ | Retained earnings £ | Total £
At 1 September 2022 | 100 | 8,594 | 8,694
Profit for the period | - | 17,042 | 17,042
Dividends | - | (18,000) | (18,000)
At 31 August 2023 | 100 | 7,636 | 7,736

Tudor Construction (West Midlands) Ltd

Notes to the Unaudited Financial Statements for the Period from 1 September 2023 to 30 November 2024

1 | General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
20 Springfields
Rushall
Walsall
West Midlands
WS4 1JX
England

These financial statements were authorised for issue by the director on 29 July 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tudor Construction (West Midlands) Ltd

Notes to the Unaudited Financial Statements for the Period from 1 September 2023 to 30 November 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Motor Vehicles | 25% Reducing Balance
Fixtures & Fittings | 25% Reducing Balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Tudor Construction (West Midlands) Ltd

Notes to the Unaudited Financial Statements for the Period from 1 September 2023 to 30 November 2024

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the period, was 3 (2023 - 4).

Tudor Construction (West Midlands) Ltd

Notes to the Unaudited Financial Statements for the Period from 1 September 2023 to 30 November 2024

4 | Tangible assets

| Fixtures and fittings £ | Motor vehicles £ | Total £
Cost or valuation
At 1 September 2023 | 1,294 | 15,250 | 16,544
Disposals | (1,294) | (6,250) | (7,544)
At 30 November 2024 | - | 9,000 | 9,000
Depreciation
At 1 September 2023 | 1,114 | 12,646 | 13,760
Charge for the period | - | 667 | 667
Eliminated on disposal | (1,114) | (5,781) | (6,895)
At 30 November 2024 | - | 7,532 | 7,532
Carrying amount
At 30 November 2024 | - | 1,468 | 1,468
At 31 August 2023 | 180 | 2,604 | 2,784

5 | Stocks

| 2024 £ | 2023 £
Work in progress | 896 | 5,063
Other inventories | 500 | 500
| 1,396 | 5,563

6 | Share capital

Allotted, called up and fully paid shares

| 2024 | 2023
| No. | £ | No. | £
Ordinary of £1 each | 100 | 100 | 100 | 100

7 | Loans and borrowings

Non-current loans and borrowings

| 2024 £ | 2023 £
Bank borrowings | 16,053 | 19,448

Tudor Construction (West Midlands) Ltd

Notes to the Unaudited Financial Statements for the Period from 1 September 2023 to 30 November 2024

Current loans and borrowings

| 2024 £ | 2023 £
Bank borrowings | 3,086 | 8,981

8 | Dividends

Interim dividends paid

|  | 2024 £ |  | 2023 £
Interim dividend of £275.00 (2023 - £180.00) per each Ordinary |  | 27,500 |  | 18,000

9 | Related party transactions

Director's remuneration

The director's remuneration for the period was as follows:

| 2024 £ | 2023 £
Remuneration | 15,558 | 13,145