REGISTERED NUMBER: 02975897 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2025

for

Anvil Homes Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A W Carr

A E Carr

SECRETARY:

Mrs J Tearse

REGISTERED OFFICE:

Anvil House

Whittonstall

Consett

Co. Durham

DH8 9JN

REGISTERED NUMBER:

02975897 (England and Wales)

ACCOUNTANTS:

Inspire Chartered Accountants

6 Queens Court

Third Avenue

Team Valley

Gateshead

Tyne and Wear

NE11 0BU

FIXED ASSETS

Tangible assets

5

289,068

254,681

Investments

6

12

12

289,080

254,693

CURRENT ASSETS

Stocks

35,684

-

Debtors

7

1,367,951

1,350,722

Cash at bank

101,144

80,831

1,504,779

1,431,553

CREDITORS

Amounts falling due within one year

8

247,620

346,173

NET CURRENT ASSETS

1,257,159

1,085,380

TOTAL ASSETS LESS CURRENT LIABILITIES

1,546,239

1,340,073

CREDITORS

Amounts falling due after more than one year

9

(49,689

)

(34,724

)

PROVISIONS FOR LIABILITIES

(60,464

)

(51,114

)

NET ASSETS

1,436,086

1,254,235

CAPITAL AND RESERVES

Called up share capital

11

11

12

Capital redemption reserve

1

-

Retained earnings

1,436,074

1,254,223

SHAREHOLDERS' FUNDS

1,436,086

1,254,235

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 directors acknowledge their 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 Board of Directors and authorised for issue on 13 August 2025 and were signed on its behalf by:

A E Carr - Director

1.	STATUTORY INFORMATION

Anvil Homes 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.	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

The principal activity of the company is the development of residential units. The company recognises turnover and profit in the profit and loss account when the sale of a unit is legally completed.

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.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at 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.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 7 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 May 2024

270,244

178,003

448,247

Additions

79,600

42,555

122,155

Disposals

(30,000

)

(42,751

)

(72,751

)

At 30 April 2025

319,844

177,807

497,651

DEPRECIATION

At 1 May 2024

113,218

80,348

193,566

Charge for year

48,791

21,049

69,840

Eliminated on disposal

(28,029

)

(26,794

)

(54,823

)

At 30 April 2025

133,980

74,603

208,583

NET BOOK VALUE

At 30 April 2025

185,864

103,204

289,068

At 30 April 2024

157,026

97,655

254,681

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

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 May 2024

-

76,418

76,418

Additions

77,450

-

77,450

Disposals

-

(42,751

)

(42,751

)

Reclassification/transfer

77,000

-

77,000

At 30 April 2025

154,450

33,667

188,117

DEPRECIATION

At 1 May 2024

-

36,310

36,310

Charge for year

28,931

4,268

33,199

Eliminated on disposal

-

(26,794

)

(26,794

)

At 30 April 2025

28,931

13,784

42,715

NET BOOK VALUE

At 30 April 2025

125,519

19,883

145,402

At 30 April 2024

-

40,108

40,108

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 May 2024

and 30 April 2025

12

NET BOOK VALUE

At 30 April 2025

12

At 30 April 2024

12

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

117,871

185,547

Amounts owed by group undertakings

784,472

672,404

Other debtors

465,608

492,771

1,367,951

1,350,722

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans and overdrafts

10,650

10,650

Hire purchase contracts

56,685

24,530

Trade creditors

64,966

257,822

Taxation and social security

60,803

9,096

Other creditors

54,516

44,075

247,620

346,173

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans

396

11,046

Hire purchase contracts

32,332

19,647

Other creditors

16,961

4,031

49,689

34,724

10.	SECURED DEBTS

The following secured debts are included within creditors:

30.4.25

30.4.24

£

£

Other loans

28,526

9,406

Hire purchase contracts

89,017

44,177

117,543

53,583

Other loans include £14,787 which is secured against certain fixed assets of the company.

The hire purchase liabilities are secured against the assets to which they relate.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.25

30.4.24

value:

£

£

12

Ordinary

£1

11

12

12.	RELATED PARTY DISCLOSURES

The company is owed £614,472 (2024: £672,404) from Anvil Homes (North West) Limited as at 30 April 2025. Anvil Homes (North West) Limited is a 100% subsidiary of Anvil Homes Limited.

No interest is charged on this amount and there are no fixed repayment terms.