REGISTERED NUMBER: 10119897 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

MODECE ARCHITECTS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr M D Bell

REGISTERED OFFICE:

Brambles Barn

Baylham

Ipswich

Suffolk

IP6 8JU

REGISTERED NUMBER:

10119897 (England and Wales)

ACCOUNTANTS:

Twinn Accountants Limited

Suite 4, East Barton Barns

East Barton Road

Great Barton

Bury St. Edmunds

Suffolk

IP31 2QY

FIXED ASSETS

Intangible assets

4

1,021

2,041

Tangible assets

5

177,286

209,708

178,307

211,749

CURRENT ASSETS

Debtors

6

284,040

282,603

Cash at bank

11,434

17

295,474

282,620

CREDITORS

Amounts falling due within one year

7

129,230

117,207

NET CURRENT ASSETS

166,244

165,413

TOTAL ASSETS LESS CURRENT LIABILITIES

344,551

377,162

CREDITORS

Amounts falling due after more than one year

8

(35,754

)

(42,904

)

PROVISIONS FOR LIABILITIES

(26,843

)

(30,312

)

NET ASSETS

281,954

303,946

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

281,953

303,945

281,954

303,946

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 3 September 2025 and were signed by:

Mr M D Bell - Director

1.	STATUTORY INFORMATION

Modece Architects Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Intellectual property are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

10% on cost

Tools & equipment

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the asset's fair value at the date of inception and the present value of minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of the capital and interest elements. The interest is charged to the profit and loss so as to produce a constant periodic rate of interest of the remaining balance of the liability.

Rentals payable under the operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leased asset are consumed.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 May 2024

and 30 April 2025

10,201

AMORTISATION

At 1 May 2024

8,160

Charge for year

1,020

At 30 April 2025

9,180

NET BOOK VALUE

At 30 April 2025

1,021

At 30 April 2024

2,041

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Tools &

and

property

equipment

fittings

£

£

£

COST

At 1 May 2024

246,787

4,160

5,345

Additions

-

3,422

-

At 30 April 2025

246,787

7,582

5,345

DEPRECIATION

At 1 May 2024

70,199

2,619

2,179

Charge for year

24,678

823

792

At 30 April 2025

94,877

3,442

2,971

NET BOOK VALUE

At 30 April 2025

151,910

4,140

2,374

At 30 April 2024

176,588

1,541

3,166

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 May 2024

45,221

29,849

331,362

Additions

-

-

3,422

At 30 April 2025

45,221

29,849

334,784

DEPRECIATION

At 1 May 2024

20,320

26,337

121,654

Charge for year

6,226

3,325

35,844

At 30 April 2025

26,546

29,662

157,498

NET BOOK VALUE

At 30 April 2025

18,675

187

177,286

At 30 April 2024

24,901

3,512

209,708

6.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

8,564

4,757

Other debtors

1,056

153

Accrued income

50,711

29,968

Prepayments

15,262

22,998

75,593

57,876

2025

2024

£

£

Amounts falling due after more than one year:

Amounts owed by associates

208,447

224,727

Aggregate amounts

284,040

282,603

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

339

-

Corporation tax

9,395

5,799

Social security and other taxes

4,393

1,576

VAT

9,887

10,064

Other creditors

77

198

Director's loan account

95,024

89,151

Accrued expenses

2,964

3,268

Deferred government grants

7,151

7,151

129,230

117,207

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Deferred government grants

35,754

42,904

9.	RELATED PARTY DISCLOSURES

Modece Property Ltd

A company in which Mr M D Bell is a director

2025

2024

£

£

Amount due from related party at the balance sheet date

208,447

224,727