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Registration number: 13834573

Thomas Alexander Homes Construction Limited

Unaudited Financial Statements

for the Year Ended 31 March 2025

 

Thomas Alexander Homes Construction Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 7

 

Thomas Alexander Homes Construction Limited

(Registration number: 13834573)
Balance Sheet as at 31 March 2025

Note

2025
£

2024
£

Fixed assets

 

Tangible assets

4

254,369

222,292

Current assets

 

Debtors

5

4,880,977

1,872,300

Cash at bank and in hand

 

5,552

3,395

 

4,886,529

1,875,695

Creditors: Amounts falling due within one year

6

(1,075,458)

(330,810)

Net current assets

 

3,811,071

1,544,885

Total assets less current liabilities

 

4,065,440

1,767,177

Creditors: Amounts falling due after more than one year

6

(3,823,427)

(1,574,615)

Provisions for liabilities

(63,592)

(55,573)

Net assets

 

178,421

136,989

Capital and reserves

 

Called up share capital

1

1

Retained earnings

178,420

136,988

Shareholders' funds

 

178,421

136,989

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

 

Thomas Alexander Homes Construction Limited

(Registration number: 13834573)
Balance Sheet as at 31 March 2025

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 3 October 2025 and signed on its behalf by:
 

.........................................
Mr A I Blease
Director

 

Thomas Alexander Homes Construction Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unit 2 Block C
14 Hulme Street
Salford
Greater Manchester
M5 4ZG
UK

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Judgements

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

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, return, rebates and discounts.

The company recognises revenue can be reliably measured;
It is probable that future economic benefits will flow to the entity;
And specific criteria have been met for each of the company’s activities.

 

Thomas Alexander Homes Construction Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

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, less estimated residual value, as follows:

Asset class

Depreciation method and rate

Furniture, Fittings & Equipment

Various rates

Plant and machinery

25% reducing balance

Motor Vehicles

25% reducing balance

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 17 (2024 - 10).

 

Thomas Alexander Homes Construction Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4

Tangible assets

Land and buildings
£

Furniture, fittings and equipment
 £

Motor vehicles
 £

Plant and machinery
£

Total
£

Cost or valuation

At 1 April 2024

-

73,673

60,513

212,726

346,912

Additions

21,378

36,956

-

-

58,334

At 31 March 2025

21,378

110,629

60,513

212,726

405,246

Depreciation

At 1 April 2024

-

8,417

20,293

55,085

83,795

Charge for the year

457

17,160

10,055

39,410

67,082

At 31 March 2025

457

25,577

30,348

94,495

150,877

Carrying amount

At 31 March 2025

20,921

85,052

30,165

118,231

254,369

At 31 March 2024

-

24,418

40,220

157,654

222,292

Included within the net book value of land and buildings above is £20,920 (2024 - £Nil) in respect of short leasehold land and buildings.
 

 

Thomas Alexander Homes Construction Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

5

Debtors

Current

2025
£

2024
£

Other debtors

4,880,977

1,872,300

 

4,880,977

1,872,300

6

Creditors

Creditors: amounts falling due within one year

2025
£

2024
£

Due within one year

 

HP and finance lease liabilities

41,541

39,947

Trade creditors

 

354,008

28,949

Taxation and social security

 

46,823

30,290

Accruals and deferred income

 

624,457

223,019

Other creditors

 

8,629

8,605

 

1,075,458

330,810

Hire purchase liabilities are secured against the assets to which they relate. At the balance sheet date, the total amount outstanding under hire purchase agreements amounted to £113,088 (2024: £154,690).

Creditors: amounts falling due after more than one year

2025
£

2024
£

Due after one year

 

HP and finance lease liabilities

71,547

114,743

Owed to group undertakings

 

3,751,880

1,459,872

 

3,823,427

1,574,615

 

Thomas Alexander Homes Construction Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

7

Parent and ultimate parent undertaking

The immediate parent company is Thomas Alexander Homes (Yorkshire) Limited. The share capital of Thomas Alexander Homes (Yorkshire) Limited is owned jointly by Salboy Partnerships Limited, Alexander Blease and Thomas Blease. In the opinion of the directors there is no ultimate controlling party.

Salboy Partnerships is a company incorporated in England and Wales, company number 13626842, registered office 3 Birchwood One Business Park, Dewhurst Road, Birchwood, Warrington, WA3 7PQ.

The ultimate parent company of Salboy Partnerships Limited is Salboy Limited, incorporated in England and Wales, company number 09123542, registered office Unit 2 Block C, 14 Hulme Street, Salford, Greater Manchester, England, M5 4ZG.