Gilbert Builders Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 04711167

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		71,720		65,291

			71,720		65,291
CURRENT ASSETS
Stocks	6	3,000		3,000
Debtors	7	298,171		471,387
Cash at bank and in hand		260,554		222,177

		561,725		696,564
Creditors: Amounts Falling Due Within One Year	8	(389,755 )		(448,016 )

NET CURRENT ASSETS (LIABILITIES)			171,970		248,548

TOTAL ASSETS LESS CURRENT LIABILITIES			243,690		313,839

PROVISIONS FOR LIABILITIES
Deferred Taxation			(14,716 )		(16,323 )

NET ASSETS			228,974		297,516

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			228,874		297,416

SHAREHOLDERS' FUNDS			228,974		297,516

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Gilbert Builders Limited

Balance Sheet (continued)

As At 30 April 2025

For the year ending 30 April 2025 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 in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr R Gilbert Director	Mrs R Burgess Director
11 September 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Gilbert Builders Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04711167 . The registered office is 56 Pinbush Road, Lowestoft, Suffolk, NR33 7NL.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	Straight line 25% and 15%
Motor Vehicles	Straight line 25%
Fixtures & Fittings	Straight line 25%

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Taxation

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2025	2024
Employees	15	16

	15	16

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Gilbert Builders Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 May 2024	50,000

As at 30 April 2025	50,000

Amortisation
As at 1 May 2024	50,000

As at 30 April 2025	50,000

Net Book Value
As at 30 April 2025	-

As at 1 May 2024	-

5. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 May 2024	193,542
Additions	24,551
Disposals	(1,342 )

As at 30 April 2025	216,751

Depreciation
As at 1 May 2024	128,251
Provided during the period	17,908
Disposals	(1,128 )

As at 30 April 2025	145,031

Net Book Value
As at 30 April 2025	71,720

As at 1 May 2024	65,291

6. Stocks

	2025	2024
	£	£
Stock	3,000	3,000

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	96,942	189,747
Other debtors	201,229	281,640

	298,171	471,387

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Gilbert Builders Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	144,997	214,374
Other creditors	165,495	85,536
Taxation and social security	79,263	148,106

	389,755	448,016

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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