REGISTERED NUMBER: 05471683 (England and Wales)

Financial Statements

for the Year Ended 31 January 2025

for

Colne Valley Building Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N J Lee

SECRETARY:

Mrs Y Lee

REGISTERED OFFICE:

Mulberries

Plummers Road

Fordham

Colchester

Essex

CO3 3NR

REGISTERED NUMBER:

05471683 (England and Wales)

ACCOUNTANTS:

John Greenall & Co Limited

20 Crewe Road

Sandbach

Cheshire

CW11 4NE

FIXED ASSETS

Tangible assets

4

22,976

30,634

CURRENT ASSETS

Stocks

13,752

9,307

Debtors

5

13,527

66,509

Cash at bank

50,085

54,752

77,364

130,568

CREDITORS

Amounts falling due within one year

6

69,200

86,048

NET CURRENT ASSETS

8,164

44,520

TOTAL ASSETS LESS CURRENT LIABILITIES

31,140

75,154

CREDITORS

Amounts falling due after more than one year

7

1,558

10,308

NET ASSETS

29,582

64,846

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

29,482

64,746

SHAREHOLDERS' FUNDS

29,582

64,846

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 October 2025 and were signed by:

N J Lee - Director

1.	STATUTORY INFORMATION

Colne Valley Building Services Limited 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 derived entirely from the company's principal activity, and is shown exclusive of discounts and value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 February 2024

and 31 January 2025

81,302

12,601

93,903

DEPRECIATION

At 1 February 2024

52,382

10,887

63,269

Charge for year

7,230

428

7,658

At 31 January 2025

59,612

11,315

70,927

NET BOOK VALUE

At 31 January 2025

21,690

1,286

22,976

At 31 January 2024

28,920

1,714

30,634

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 February 2024

and 31 January 2025

48,094

DEPRECIATION

At 1 February 2024

21,041

Charge for year

6,763

At 31 January 2025

27,804

NET BOOK VALUE

At 31 January 2025

20,290

At 31 January 2024

27,053

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade debtors

13,527

65,926

Other debtors

-

583

13,527

66,509

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Hire purchase contracts

8,750

8,750

Trade creditors

26,899

30,591

Tax

-

15

Social security and other taxes

8,788

2,009

VAT

15,320

27,948

Directors' current accounts

6,903

6,435

Accrued expenses

2,540

10,300

69,200

86,048

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Hire purchase contracts

1,558

10,308