REGISTERED NUMBER: 07123736 (England and Wales)

Short Construction Limited

Unaudited Financial Statements

for the Year Ended 31 January 2025

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Directors:

A Short

L Short

C Phillips

Registered office:

Unit H2

Oak Green Business Park

Cheadle Hulme

Cheadle

Cheshire

SK8 6QL

Registered number:

07123736 (England and Wales)

Accountants:

Warr & Co Limited

Chartered Accountants

Mynshull House

78 Churchgate

Stockport

Cheshire

SK1 1YJ

Fixed assets

Tangible assets

4

20,656

19,501

Current assets

Stocks

5

1,602,624

1,481,153

Debtors

6

1,528,549

1,153,403

Cash at bank and in hand

620,024

776,748

3,751,197

3,411,304

Creditors

Amounts falling due within one year

7

(2,796,127

)

(2,588,422

)

Net current assets

955,070

822,882

Total assets less current liabilities

975,726

842,383

Provisions for liabilities

8

(3,924

)

(3,705

)

Net assets

971,802

838,678

Capital and reserves

Called up share capital

9

10

10

Retained earnings

971,792

838,668

Shareholders' funds

971,802

838,678

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 28 August 2025 and were signed on its behalf by:

A Short - Director

1.	Statutory information

Short Construction Limited 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 value added tax.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme for the benefit of the employees. In addition, the company makes contributions to a personal pension scheme of the director. Contributions payable for the year are charged to the profit and loss account.

3.	Employees and directors

The average number of employees during the year was 25 (2024 - 22 ) .

4.	Tangible fixed assets

Fixtures

and

fittings

£

Cost

At 1 February 2024

52,934

Additions

10,724

Disposals

(9,394

)

At 31 January 2025

54,264

Depreciation

At 1 February 2024

33,433

Charge for year

5,626

Eliminated on disposal

(5,451

)

At 31 January 2025

33,608

Net book value

At 31 January 2025

20,656

At 31 January 2024

19,501

5.

Stocks

31.1.25

31.1.24

£

£

Stocks

1,602,624

1,481,153

6.

Debtors: amounts falling due within one year

31.1.25

31.1.24

£

£

Trade debtors

618,312

322,562

Other debtors

837,299

782,836

VAT

51,076

25,808

Prepayments and accrued income

21,862

22,197

1,528,549

1,153,403

7.

Creditors: amounts falling due within one year

31.1.25

31.1.24

£

£

Trade creditors

2,431,110

2,345,208

Corporation tax

156,233

84,749

Social security and other taxes

63,916

49,068

Other creditors

114,009

85,678

Directors' current accounts

486

441

Accrued expenses

30,373

23,278

2,796,127

2,588,422

8.	Provisions for liabilities

31.1.25

31.1.24

£

£

Deferred tax

3,924

3,705

Deferred

tax

£

Balance at 1 February 2024

3,705

Provided during year

219

Balance at 31 January 2025

3,924

9.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.25

31.1.24

value:

£

£

9

Ordinary "A"

£1

9

9

1

Ordinary "B"

£1

1

1

10

10

10.	Related party disclosures

During the year, the company provided management charges totalling £30,700 (2024 £22,634) to SCL Property Group Ltd, a company under the common control of the directors, A & L Short.

Rent and service charges totalling £64,064 (2024 £64,074) was payable to SCL Property Group Ltd during the year. This was considered to be at market rates.

Included in Other debtors is a loan to SCL Property Group Ltd totalling £520,534 (2024 £472,864). This is interest free and repayable on demand.

Included in Other debtors is a loan to Short Overseas Investments Limited totalling £313,968 (2024 £302,488). The loan is interest free and repayable on demand. The company is under the common control of the directors.