Silverfin false false 05/04/2025 06/04/2024 05/04/2025 P Molyneux 07/01/2025 25/11/2021 A C Witheford 01/08/2013 Mr A C Witheford 13 November 2025 The principal activity of the Company during the financial year was construction contractors. 02975919 2025-04-05 02975919 bus:Director1 2025-04-05 02975919 bus:Director2 2025-04-05 02975919 2024-04-05 02975919 core:CurrentFinancialInstruments 2025-04-05 02975919 core:CurrentFinancialInstruments 2024-04-05 02975919 core:ShareCapital 2025-04-05 02975919 core:ShareCapital 2024-04-05 02975919 core:RetainedEarningsAccumulatedLosses 2025-04-05 02975919 core:RetainedEarningsAccumulatedLosses 2024-04-05 02975919 core:PlantMachinery 2024-04-05 02975919 core:Vehicles 2024-04-05 02975919 core:OfficeEquipment 2024-04-05 02975919 core:ComputerEquipment 2024-04-05 02975919 core:PlantMachinery 2025-04-05 02975919 core:Vehicles 2025-04-05 02975919 core:OfficeEquipment 2025-04-05 02975919 core:ComputerEquipment 2025-04-05 02975919 core:CurrentFinancialInstruments 1 2025-04-05 02975919 core:CurrentFinancialInstruments 1 2024-04-05 02975919 2024-04-06 2025-04-05 02975919 bus:FilletedAccounts 2024-04-06 2025-04-05 02975919 bus:SmallEntities 2024-04-06 2025-04-05 02975919 bus:AuditExemptWithAccountantsReport 2024-04-06 2025-04-05 02975919 bus:PrivateLimitedCompanyLtd 2024-04-06 2025-04-05 02975919 bus:Director1 2024-04-06 2025-04-05 02975919 bus:Director2 2024-04-06 2025-04-05 02975919 bus:Director3 2024-04-06 2025-04-05 02975919 core:PlantMachinery 2024-04-06 2025-04-05 02975919 core:Vehicles 2024-04-06 2025-04-05 02975919 core:OfficeEquipment 2024-04-06 2025-04-05 02975919 core:ComputerEquipment 2024-04-06 2025-04-05 02975919 2023-04-06 2024-04-05 iso4217:GBP xbrli:pure

Company No: 02975919 (England and Wales)

# VITEC CEILINGS & PARTITIONS LIMITED

### Unaudited Financial Statements
For the financial year ended 05 April 2025
Pages for filing with the registrar

VITEC CEILINGS & PARTITIONS LIMITED

## Unaudited Financial Statements

For the financial year ended 05 April 2025

Contents

VITEC CEILINGS & PARTITIONS LIMITED

## BALANCE SHEET

As at 05 April 2025
VITEC CEILINGS & PARTITIONS LIMITED

## BALANCE SHEET (continued)

As at 05 April 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 76,304 |  | 95,685
|  | 76,304 |  | 95,685
Current assets |  |  |  |
Stocks | 4 | 17,663 |  | 17,600
Debtors | 5 | 1,592,798 |  | 1,677,644
Cash at bank and in hand |  | 487,174 |  | 590,469
|  | 2,097,635 |  | 2,285,713
Creditors: amounts falling due within one year | 6 | ( 367,655) |  | ( 389,346)
Net current assets |  | 1,729,980 |  | 1,896,367
Total assets less current liabilities |  | 1,806,284 |  | 1,992,052
Provision for liabilities |  | ( 18,133) |  | ( 17,636)
Net assets |  | 1,788,151 |  | 1,974,416
Capital and reserves |  |  |  |
Called-up share capital |  | 2 |  | 2
Profit and loss account |  | 1,788,149 |  | 1,974,414
Total shareholder's funds |  | 1,788,151 |  | 1,974,416

For the financial year ending 05 April 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Vitec Ceilings & Partitions Limited (registered number: 02975919) were approved and authorised for issue by the Director on 13 November 2025. They were signed on its behalf by:

Mr A C Witheford Director |

VITEC CEILINGS & PARTITIONS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 05 April 2025
VITEC CEILINGS & PARTITIONS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 05 April 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Vitec Ceilings & Partitions Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 39 Haviland Road Ferndown Industrial Estate, Wimborne, Dorset, BH21 7SA, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.
Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.
Revenue from services is recognised as they are delivered.

##### Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a basis over its expected useful life, as follows:

Plant and machinery | 25 % reducing balance
Vehicles | 25 % reducing balance
Office equipment | 25 % reducing balance
Computer equipment | 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

##### Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.
Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.
Other basic financial liabilities are measured at amortised cost.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including the director | 7 |  | 6

#### 3. Tangible assets

| Plant and machinery |  | Vehicles |  | Office equipment |  | Computer equipment |  | Total
| £ |  | £ |  | £ |  | £ |  | £
Cost |  |  |  |  |  |  |  |  |
At 06 April 2024 | 943 |  | 136,371 |  | 11,930 |  | 13,490 |  | 162,734
Additions | 0 |  | 0 |  | 4,138 |  | 1,168 |  | 5,306
At 05 April 2025 | 943 |  | 136,371 |  | 16,068 |  | 14,658 |  | 168,040
Accumulated depreciation |  |  |  |  |  |  |  |  |
At 06 April 2024 | 534 |  | 51,758 |  | 4,820 |  | 9,937 |  | 67,049
Charge for the financial year | 102 |  | 21,153 |  | 2,384 |  | 1,048 |  | 24,687
At 05 April 2025 | 636 |  | 72,911 |  | 7,204 |  | 10,985 |  | 91,736
Net book value |  |  |  |  |  |  |  |  |
At 05 April 2025 | 307 |  | 63,460 |  | 8,864 |  | 3,673 |  | 76,304
At 05 April 2024 | 409 |  | 84,613 |  | 7,110 |  | 3,553 |  | 95,685

#### 4. Stocks

| 2025 |  | 2024
| £ |  | £
Work in progress | 17,663 |  | 17,600

#### 5. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 296,900 |  | 356,739
Amounts owed by Group undertakings | 989,779 |  | 1,022,413
Corporation tax | 5,486 |  | 0
Other debtors | 300,633 |  | 298,492
| 1,592,798 |  | 1,677,644

#### 6. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Trade creditors | 125,022 |  | 134,270
CIS withheld | 7,475 |  | 8,252
Taxation and social security | 4,261 |  | 44,636
Other creditors | 230,897 |  | 202,188
| 367,655 |  | 389,346