REGISTERED NUMBER: 07225288 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

MOWLES CONSTRUCTION LTD

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Directors:

T J Mowles

Mrs E L Mowles

Registered office:

Unit 10

Trull Farm Buildings

Tetbury

Gloucestershire

GL8 8SQ

Registered number:

07225288 (England and Wales)

Accountants:

Athos Business Solutions Limited

1623 Warwick Road

Knowle

Solihull

West Midlands

B93 9LF

FIXED ASSETS

Tangible assets

4

191,344

163,517

CURRENT ASSETS

Debtors

5

594,941

414,776

Cash at bank

79,810

201,355

674,751

616,131

CREDITORS

Amounts falling due within one year

6

674,874

611,510

NET CURRENT (LIABILITIES)/ASSETS

(123

)

4,621

TOTAL ASSETS LESS CURRENT LIABILITIES

191,221

168,138

CREDITORS

Amounts falling due after more than one year

7

(76,061

)

(82,732

)

PROVISIONS FOR LIABILITIES

(38,249

)

(26,174

)

NET ASSETS

76,911

59,232

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

76,910

59,231

76,911

59,232

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 23 October 2025 and were signed on its behalf by:

T J Mowles - Director

1.	STATUTORY INFORMATION

Mowles Construction Ltd 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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

15% on reducing balance

Fixtures & Fittings

-

15% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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.

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 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Fixtures

Motor

Computer

machinery

& Fittings

vehicles

equipment

Totals

£

£

£

£

£

Cost

At 1 May 2024

142,119

24,510

105,964

7,019

279,612

Additions

42,715

20,450

-

-

63,165

At 30 April 2025

184,834

44,960

105,964

7,019

342,777

Depreciation

At 1 May 2024

74,770

6,753

30,578

3,994

116,095

Charge for year

11,223

3,608

18,846

1,661

35,338

At 30 April 2025

85,993

10,361

49,424

5,655

151,433

Net book value

At 30 April 2025

98,841

34,599

56,540

1,364

191,344

At 30 April 2024

67,349

17,757

75,386

3,025

163,517

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

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

Cost

At 1 May 2024

9,700

94,974

3,948

108,622

Additions

38,500

-

-

38,500

Transfer to ownership

-

-

(3,948

)

(3,948

)

At 30 April 2025

48,200

94,974

-

143,174

Depreciation

At 1 May 2024

849

21,764

1,411

24,024

Charge for year

2,290

18,302

-

20,592

Transfer to ownership

-

-

(1,411

)

(1,411

)

At 30 April 2025

3,139

40,066

-

43,205

Net book value

At 30 April 2025

45,061

54,908

-

99,969

At 30 April 2024

8,851

73,210

2,537

84,598

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

317,965

219,792

Other debtors

276,976

194,984

594,941

414,776

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

20,000

20,000

Hire purchase contracts

43,935

21,760

Trade creditors

257,432

210,371

Taxation and social security

7,594

7,588

Other creditors

345,913

351,791

674,874

611,510

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

5,833

25,833

Hire purchase contracts

70,228

56,899

76,061

82,732