Built ByOthers Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 13648640 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

BUILT BYOTHERS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTORS:

Mr R Keys

Mr J Eyles

REGISTERED OFFICE:

128 City Road

London

EC1V 2NX

REGISTERED NUMBER:

13648640 (England and Wales)

ACCOUNTANTS:

Patton Rainey Stenson Limited

Chartered Accountants

6 East Bridge Street

Enniskillen

Co. Fermanagh

BT74 7BT

BANKERS:

Starling Bank

31 St Jamse Square

London

SW1Y 4JR

FIXED ASSETS

Tangible assets

4

1,258

1,480

CURRENT ASSETS

Stocks

5

-

40,561

Debtors

6

17,018

83,868

Cash at bank

8,213

13,506

25,231

137,935

CREDITORS

Amounts falling due within one year

7

33,487

117,330

NET CURRENT (LIABILITIES)/ASSETS

(8,256

)

20,605

TOTAL ASSETS LESS CURRENT
LIABILITIES

(6,998

)

22,085

PROVISIONS FOR LIABILITIES

8

315

370

NET (LIABILITIES)/ASSETS

(7,313

)

21,715

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

9

(7,314

)

21,714

(7,313

)

21,715

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 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 15 September 2025 and were signed on its behalf by:

Mr J Eyles - Director

Mr R Keys - Director

1.	STATUTORY INFORMATION

Built ByOthers Ltd 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 discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2023

and 30 September 2024

2,048

DEPRECIATION

At 1 October 2023

568

Charge for year

222

At 30 September 2024

790

NET BOOK VALUE

At 30 September 2024

1,258

At 30 September 2023

1,480

5.

STOCKS

30.9.24

30.9.23

£

Work-in-progress

-

40,561

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

Trade debtors

-

68,757

Other debtors

1

Related Party ( Note 11)

17,017

15,110

17,018

83,868

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

Tax

948

Social security and other taxes

-

2,984

Sub Contractors Tax

-

17,355

VAT

23,070

82,011

Directors' current accounts

4,199

Accruals and deferred income

4,020

8,583

Related Party (Note 11)

1,250

33,487

117,330

8.	PROVISIONS FOR LIABILITIES

30.9.24

30.9.23

£

Deferred tax

315

370

Deferred

tax

£

Balance at 1 October 2023

370

Provided during year

(55

)

Balance at 30 September 2024

315

9.

RESERVES

Retained

earnings

£

At 1 October 2023

21,714

Deficit for the year

(29,028

)

At 30 September 2024

(7,314

)

10.	RELATED PARTY DISCLOSURES

Included in debtors are amounts owed to a company under the control of a director of this company.

£

HA-EY Ltd

17,017

Included in creditors are amounts owed by a company under the control of a director of this company.

£

Places Byothers Ltd

1,250

11.	GOING CONCERN

At 30 September 2024 the company's liabilities exceeded its assets by £7,313. The company is dependant on the continuing support of its directors in order to meet its commitments as they fall due. The directors have plans in place to ensure that the company deals with the outstanding liabilities in the near future.

On the basis that the directors continues to support the company they believe it can continue as a going concern.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 September 2024 set out on pages one to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Patton Rainey Stenson Limited

Chartered Accountants

6 East Bridge Street

Enniskillen

Co. Fermanagh

BT74 7BT

15 September 2025