| Buildzone UK Limited |
| Registered number: |
07016458 |
| Balance Sheet |
| as at 31 December 2024 |
|
| Notes |
|
|
2024 |
|
|
2023 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
25,228 |
|
|
16,252 |
|
| Current assets |
| Debtors |
4 |
|
2,303,510 |
|
|
3,086,319 |
| Cash at bank and in hand |
|
|
49,865 |
|
|
105,483 |
|
|
|
2,353,375 |
|
|
3,191,802 |
|
| Creditors: amounts falling due within one year |
5 |
|
(1,760,147) |
|
|
(2,647,365) |
|
| Net current assets |
|
|
|
593,228 |
|
|
544,437 |
|
| Total assets less current liabilities |
|
|
|
618,456 |
|
|
560,689 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(55,230) |
|
|
(103,606) |
|
|
|
| Net assets |
|
|
|
563,226 |
|
|
457,083 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
563,126 |
|
|
456,983 |
|
| Shareholders' funds |
|
|
|
563,226 |
|
|
457,083 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Mr David P Roberts |
| Director |
| Approved by the board on 29 September 2025 |
|
| Buildzone UK Limited |
| Notes to the Accounts |
| for the year ended 31 December 2024 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover represents the value, net of Value Added Tax and discounts, of work carried out in respect of services provided to customers. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant & machinery (including furniture & fixtures) |
20% straight line |
|
Motor vehicles |
25% straight line |
|
|
Long term contracts |
|
Long term contracts in progress are valued at the anticipated net sales value of work done after provision for contingencies. The percentage profit recognised is dependent upon the percentage of completeness of the particular contract. |
|
|
Leased assets |
|
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term. |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
| 2 |
Employees |
2024 |
|
2023 |
| Number |
Number |
|
|
Average number of persons employed by the company |
24 |
|
25 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Plant and machinery etc |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 January 2024 |
3,100 |
|
26,763 |
|
29,863 |
|
Additions |
- |
|
15,712 |
|
15,712 |
|
At 31 December 2024 |
3,100 |
|
42,475 |
|
45,575 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2024 |
778 |
|
12,833 |
|
13,611 |
|
Charge for the year |
774 |
|
5,962 |
|
6,736 |
|
At 31 December 2024 |
1,552 |
|
18,795 |
|
20,347 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2024 |
1,548 |
|
23,680 |
|
25,228 |
|
At 31 December 2023 |
2,322 |
|
13,930 |
|
16,252 |
|
|
| 4 |
Debtors |
2024 |
|
2023 |
| £ |
£ |
|
|
Trade debtors |
1,233,925 |
|
1,319,944 |
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
|
132,800 |
|
143,100 |
|
Other debtors |
159,263 |
|
151,484 |
|
Prepayments and accrued income |
777,522 |
|
1,471,791 |
|
|
|
|
|
|
2,303,510 |
|
3,086,319 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
| £ |
£ |
|
|
Bank loans and overdrafts |
59,957 |
|
59,957 |
|
Trade creditors |
951,704 |
|
1,386,384 |
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
|
654,499 |
|
122,167 |
|
Directors' current accounts |
|
|
|
|
69 |
|
51,084 |
|
Accruals and deferred income |
|
|
|
|
75,905 |
|
494,846 |
|
Taxation and social security costs |
13,021 |
|
532,087 |
|
Other creditors |
4,992 |
|
840 |
|
|
|
|
|
|
1,760,147 |
|
2,647,365 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2024 |
|
2023 |
| £ |
£ |
|
|
Bank loans |
55,230 |
|
103,606 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Other financial commitments |
2024 |
|
2023 |
| £ |
£ |
|
|
Total future minimum payments under non-cancellable operating leases |
|
310,765 |
|
196,742 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Controlling party |
|
|
The company is controlled by the directors, who own 100% of the issued share capital. |
|
|
| 9 |
Other information |
|
|
Buildzone UK Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
2nd Floor, Hampton House |
|
Oldham Road |
|
Middleton |
|
Manchester |
|
M24 1GT |