REGISTERED NUMBER: 00994581 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2025

for

V.Couzens(Builders)Limited

Page

Statement of financial position

1

to

2

Notes to the financial statements

3

to

6

Fixed assets

Tangible assets

5

7,613

9,986

Investment property

6

1,510,000

1,510,000

1,517,613

1,519,986

Current assets

Debtors

7

13,146

14,040

Cash at bank and in hand

177,055

201,081

190,201

215,121

Creditors

Amounts falling due within one year

8

20,491

23,986

Net current assets

169,710

191,135

Total assets less current liabilities

1,687,323

1,711,121

Provisions for liabilities

210,489

243,592

Net assets

1,476,834

1,467,529

Capital and reserves

Called up share capital

9

100

100

Fair value reserve

10

922,761

848,852

Retained earnings

553,973

618,577

Shareholders' funds

1,476,834

1,467,529

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 11 September 2025 and were signed by:

Mrs Y S Couzens - Director

1.	Statutory information

V.Couzens(Builders)Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

00994581

Registered office:

7 Rutland Terrace

Stamford

Lincolnshire

PE9 2QD

The presentation currency of the financial statements is the Pound Sterling (£).

2.	Statement of compliance

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.

3.	Accounting policies

Basis of preparing the financial statements

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.

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;

and specific criteria have been met for each of the company's activities.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The cost of tangible asset includes directly attributable incremental costs incurred in their acquisition and installation.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Share Capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

4.	Employees and directors

The average number of employees during the year was 3 (2024 - 3 ) .

5.	Tangible fixed assets

Plant and

Motor

machinery

vehicles

Totals

£

£

£

Cost

At 1 May 2024

and 30 April 2025

30,801

16,000

46,801

Depreciation

At 1 May 2024

28,502

8,313

36,815

Charge for year

451

1,922

2,373

At 30 April 2025

28,953

10,235

39,188

Net book value

At 30 April 2025

1,848

5,765

7,613

At 30 April 2024

2,299

7,687

9,986

6.	Investment property

Total

£

Fair value

At 1 May 2024

and 30 April 2025

1,510,000

Net book value

At 30 April 2025

1,510,000

At 30 April 2024

1,510,000

7.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

2,554

500

S455 Tax Recoverable

2,181

2,181

Other Debtors-Loan SV Couzens

6,800

8,000

Directors' loan accounts

-

1,851

Prepayments

1,611

1,508

13,146

14,040

8.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

6,294

7,659

Corporation tax

3,281

8,533

Social security and other taxes

1,652

1,551

VAT

2,574

3,230

Directors' loan accounts

2,916

-

Accrued expenses

3,774

3,013

20,491

23,986

9.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary shares

£1

100

100

10.

Reserves

Fair

value

reserve

£

At 1 May 2024

848,852

Property deferred tax

73,909

At 30 April 2025

922,761

11.	Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 30 April 2025 and 30 April 2024:

2025

2024

£

£

Mrs Y S Couzens

Balance outstanding at start of year

1,851

1,616

Amounts advanced

-

235

Amounts repaid

(4,767

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(2,916

)

1,851