GUILDCREST HOMES UK LIMITED

Company Registration Number:
09036140 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2025

Period of accounts

Start date: 01 June 2024

End date: 31 May 2025

GUILDCREST HOMES UK LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2025

Balance sheet
Notes

GUILDCREST HOMES UK LIMITED

Balance sheet

As at 31 May 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 429,142 478,076
Total fixed assets: 429,142 478,076
Current assets
Stocks: 15,951,000 14,100,000
Debtors:   2,118,408 3,447,686
Cash at bank and in hand: 72,571 342,341
Total current assets: 18,141,979 17,890,027
Creditors: amounts falling due within one year:   (16,439,286) (16,137,441)
Net current assets (liabilities): 1,702,693 1,752,586
Total assets less current liabilities: 2,131,835 2,230,662
Total net assets (liabilities): 2,131,835 2,230,662
Capital and reserves
Called up share capital: 102 102
Profit and loss account: 2,131,733 2,230,560
Shareholders funds: 2,131,835 2,230,662

The notes form part of these financial statements

GUILDCREST HOMES UK LIMITED

Balance sheet statements

For the year ending 31 May 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 07 October 2025
and signed on behalf of the board by:

Name: Jeffrey Roy Smith
Status: Director

The notes form part of these financial statements

GUILDCREST HOMES UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

Turnover policy

Revenue recognition Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. The company recognises revenue when: The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity.

Tangible fixed assets and depreciation policy

Tangible assets Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows: Asset class Plant and machinery Motor vehicles Land and buildings Cash and cash equivalents Depreciation method and rate 25%per annum on the reducing balance 25%per annum on the reducing balance 2%per annum on a straight line basis

Valuation and information policy

Stocks Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method. The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Other accounting policies

Borrowings Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing. Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges. Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date. Leases Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee. Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation. Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

GUILDCREST HOMES UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2025

2. Employees

2025 2024
Average number of employees during the period 7 8

GUILDCREST HOMES UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2025

3. Tangible Assets

Total
Cost £
At 01 June 2024 819,053
At 31 May 2025 819,053
Depreciation
At 01 June 2024 340,977
Charge for year 48,934
At 31 May 2025 389,911
Net book value
At 31 May 2025 429,142
At 31 May 2024 478,076