Company registration number 02276212 (England and Wales)
D.J. SNELL BUILDERS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
11 De Grey Square
De Grey Road
Colchester
Essex
CO4 5YQ
D.J. SNELL BUILDERS LIMITED
CONTENTS
Page
Company information
1
Accountants' report
Balance sheet
2 - 3
Notes to the financial statements
4 - 8
D.J. SNELL BUILDERS LIMITED
COMPANY INFORMATION
- 1 -
Directors
Mr A P Snell
Mrs D E Snell
Secretary
Mrs D E Snell
Company number
02276212
Registered office
67 St Osyth Road East
Little Clacton
Essex
CO16 9NZ
Accountants
TC Group
11 De Grey Square
De Grey Road
Colchester
Essex
CO4 5YQ
D.J. SNELL BUILDERS LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 2 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
20,798
27,164
Current assets
Stocks
4
7,498
52,876
Debtors
5
108,310
161,450
Cash at bank and in hand
9
32
115,817
214,358
Creditors: amounts falling due within one year
6
(125,830)
(189,051)
Net current (liabilities)/assets
(10,013)
25,307
Total assets less current liabilities
10,785
52,471
Creditors: amounts falling due after more than one year
7
(8,096)
(22,181)
Provisions for liabilities
Provisions
8
-
0
24,456
Deferred tax liability
3,151
1,488
(3,151)
(25,944)
Net (liabilities)/assets
(462)
4,346
Capital and reserves
Called up share capital
10,000
10,000
Profit and loss reserves
(10,462)
(5,654)
Total equity
(462)
4,346
D.J. SNELL BUILDERS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2025
31 March 2025
- 3 -

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he 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 directors acknowledge their 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.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 9 September 2025 and are signed on its behalf by:
Mr A P Snell
Mrs D E Snell
Director
Director
Company registration number 02276212 (England and Wales)
D.J. SNELL BUILDERS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -
1
Accounting policies
Company information

D.J. Snell Builders Limited is a private company limited by shares incorporated in England and Wales. The registered office is 67 St Osyth Road East, Little Clacton, Essex, CO16 9NZ.

1.1
Accounting convention

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.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts 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

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold improvements
15% reducing balance
Plant and equipment
15% reducing balance
Fixtures and fittings
15% reducing balance
Motor vehicles
25% reducing balance
D.J. SNELL BUILDERS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 5 -

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date 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. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

D.J. SNELL BUILDERS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 6 -
1.7
Provisions

Provisions are recognised when the company has a legal or constructive present obligation as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the reporting end date, taking into account the risks and uncertainties surrounding the obligation. Where the effect of the time value of money is material, the amount expected to be required to settle the obligation is recognised at present value. When a provision i s measured at present value, the unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

1.8
Leases

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 assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

2
Employees

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

2025
2024
Number
Number
2
2
D.J. SNELL BUILDERS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 7 -
3
Tangible fixed assets
Leasehold improvements
Plant and equipment
Fixtures and fittings
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 April 2024
3,519
43,576
47,708
40,218
135,021
Additions
-
0
-
0
-
0
8,599
8,599
Disposals
-
0
-
0
-
0
(22,498)
(22,498)
At 31 March 2025
3,519
43,576
47,708
26,319
121,122
Depreciation and impairment
At 1 April 2024
3,257
42,441
35,931
26,228
107,857
Depreciation charged in the year
39
170
1,767
334
2,310
Eliminated in respect of disposals
-
0
-
0
-
0
(9,843)
(9,843)
At 31 March 2025
3,296
42,611
37,698
16,719
100,324
Carrying amount
At 31 March 2025
223
965
10,010
9,600
20,798
At 31 March 2024
262
1,135
11,777
13,990
27,164
4
Stocks
2025
2024
£
£
Raw materials and consumables
1,500
500
Work in progress
5,998
52,376
7,498
52,876
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
4,996
50,106
Corporation tax recoverable
30,841
30,841
Other debtors
69,117
76,275
Prepayments and accrued income
3,356
4,228
108,310
161,450
D.J. SNELL BUILDERS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 8 -
6
Creditors: amounts falling due within one year
2025
2024
Notes
£
£
Bank loans and overdrafts
59,068
59,583
Obligations under finance leases
4,084
4,084
Trade creditors
29,535
76,354
Corporation tax
2,652
-
0
Other taxation and social security
26,228
43,073
Other creditors
413
2,107
Accruals and deferred income
3,850
3,850
125,830
189,051
7
Creditors: amounts falling due after more than one year
2025
2024
Notes
£
£
Bank loans and overdrafts
1,667
11,667
Obligations under finance leases
6,429
10,514
8,096
22,181

Obligations due under finance leases and hire purchase contracts are secured upon the assets to which the debt relates.

8
Provisions for liabilities
2025
2024
£
£
-
24,456

The above provision relates to the cost of remedial work carried out after the balance sheet date in relation to a project completed during 2023.

9
Related party transactions

At the balance sheet date the company was owed £69,117 (2024: £76,275) by its directors.

10
Directors' transactions

During the year the directors repaid £7,158 which had previously been advanced to them by the company. Interest has been charged on balances owed at a rate of 2.25%.

2025-03-31 2024-04-01 false false false 15 September 2025 CCH Software CCH Accounts Production 2025.200 No description of principal activity Mr A P Snell Mrs Dawn E Snell Mrs D E Snell 02276212 2024-04-01 2025-03-31 02276212 bus:Director1 2024-04-01 2025-03-31 02276212 bus:CompanySecretaryDirector1 2024-04-01 2025-03-31 02276212 bus:CompanySecretary1 2024-04-01 2025-03-31 02276212 bus:Director2 2024-04-01 2025-03-31 02276212 bus:RegisteredOffice 2024-04-01 2025-03-31 02276212 2025-03-31 02276212 2024-03-31 02276212 core:LeaseholdImprovements 2025-03-31 02276212 core:PlantMachinery 2025-03-31 02276212 core:FurnitureFittings 2025-03-31 02276212 core:MotorVehicles 2025-03-31 02276212 core:LeaseholdImprovements 2024-03-31 02276212 core:PlantMachinery 2024-03-31 02276212 core:FurnitureFittings 2024-03-31 02276212 core:MotorVehicles 2024-03-31 02276212 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 02276212 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 02276212 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 02276212 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 02276212 core:CurrentFinancialInstruments 2025-03-31 02276212 core:CurrentFinancialInstruments 2024-03-31 02276212 core:Non-currentFinancialInstruments 2025-03-31 02276212 core:Non-currentFinancialInstruments 2024-03-31 02276212 core:ShareCapital 2025-03-31 02276212 core:ShareCapital 2024-03-31 02276212 core:RetainedEarningsAccumulatedLosses 2025-03-31 02276212 core:RetainedEarningsAccumulatedLosses 2024-03-31 02276212 core:LeaseholdImprovements 2024-04-01 2025-03-31 02276212 core:PlantMachinery 2024-04-01 2025-03-31 02276212 core:FurnitureFittings 2024-04-01 2025-03-31 02276212 core:MotorVehicles 2024-04-01 2025-03-31 02276212 2023-04-01 2024-03-31 02276212 core:LeaseholdImprovements 2024-03-31 02276212 core:PlantMachinery 2024-03-31 02276212 core:FurnitureFittings 2024-03-31 02276212 core:MotorVehicles 2024-03-31 02276212 2024-03-31 02276212 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 02276212 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 02276212 bus:FRS102 2024-04-01 2025-03-31 02276212 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 02276212 bus:FullAccounts 2024-04-01 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP