REGISTERED NUMBER: 03682587 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

STUART GOLDSMITH CONSTRUCTION LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr S R Goldsmith

REGISTERED OFFICE:

Highclere House

Eastbourne Road

Ridgewood Uckfield

East Sussex

TN22 5ST

REGISTERED NUMBER:

03682587 (England and Wales)

ACCOUNTANTS:

Acuity Professional Partnership LLP

Unit 2.02 High Weald House

Glovers End

Bexhill

East Sussex

TN39 5ES

FIXED ASSETS

Tangible assets

4

12,662

17,086

CURRENT ASSETS

Stocks

5

123,858

-

Debtors

6

45,976

14,519

Cash at bank

1,197,416

1,269,072

1,367,250

1,283,591

CREDITORS

Amounts falling due within one year

7

367,164

347,684

NET CURRENT ASSETS

1,000,086

935,907

TOTAL ASSETS LESS CURRENT LIABILITIES

1,012,748

952,993

PROVISIONS FOR LIABILITIES

8

3,076

4,162

NET ASSETS

1,009,672

948,831

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

1,009,670

948,829

SHAREHOLDERS' FUNDS

1,009,672

948,831

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 September 2025 and were signed by:

Mr S R Goldsmith - Director

1.	STATUTORY INFORMATION

Stuart Goldsmith Construction 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.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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.

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.

GOING CONCERN

The financial statements have been prepared on a going concern basis unless it is inappropriate to presume that the company will continue in business.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

Cost

At 1 January 2024

135,738

7,410

24,006

6,157

173,311

Additions

-

-

-

416

416

At 31 December 2024

135,738

7,410

24,006

6,573

173,727

Depreciation

At 1 January 2024

121,995

7,255

22,204

4,771

156,225

Charge for year

3,436

39

451

914

4,840

At 31 December 2024

125,431

7,294

22,655

5,685

161,065

Net book value

At 31 December 2024

10,307

116

1,351

888

12,662

At 31 December 2023

13,743

155

1,802

1,386

17,086

5.

STOCKS

2024

2023

£

£

Work-in-progress

123,858

-

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

37,243

210

Amounts owed by participating interests

375

191

VAT

8,358

14,118

45,976

14,519

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

33,435

18,009

Tax

43,301

32,828

Social security and other taxes

-

19

CIS Tax

(213

)

3,707

Other creditors

193,000

193,000

Directors' current accounts

58,078

51,482

Accruals and deferred income

39,563

48,639

367,164

347,684

8.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

3,076

4,162

Deferred

tax

£

Balance at 1 January 2024

4,162

Credit to Statement of Income and Retained Earnings during year

(1,086

)

Balance at 31 December 2024

3,076

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

2

Ordinary

£1

2

2