Balance sheet continued

As at 31 July 2025

For the year ending 31 July 2025 the company was entitled to exemption 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 notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 July 2025

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Turnover represents revenue earned from the company’s principal activities and is measured at the fair value of consideration received or receivable, excluding VAT and trade discounts.
  
  Construction of commercial and domestic buildings (SIC 41201 & 41202):
  Revenue is recognised in line with the stage of completion of a contract when the outcome can be reliably measured, using either milestones achieved, surveys of work performed, or costs incurred to date as a proportion of total estimated costs. Where the outcome of a contract cannot be reliably measured, revenue is recognised only to the extent of recoverable costs incurred.
  
  Other service activities not elsewhere classified (SIC 96090):
  Revenue from services is recognised at the point when the service is delivered to the customer, as this is when performance obligations are satisfied.