Company Registration No. 10606985 (England and Wales)
WeBuild Sussex Ltd
Unaudited accounts
for the year ended 28 February 2025
WeBuild Sussex Ltd
Unaudited accounts
Contents
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of WeBuild Sussex Ltd for the year ended 28 February 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
WeBuild Sussex Ltd for the year ended
28 February 2025 as set out on pages
4 -
6 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
KMG Accountancy Ltd
Chartered Accountants
The Offices
57 Newtown Road
Hove
BN3 7BA
30 November 2025
WeBuild Sussex Ltd
Statement of financial position
as at 28 February 2025
Tangible assets
33,679
49,530
Inventories
2,250,366
1,758,844
Debtors
2,359,844
1,442,269
Cash at bank and in hand
287,366
291,734
Creditors: amounts falling due within one year
(3,215,660)
(2,249,618)
Net current assets
1,681,916
1,243,229
Net assets
1,715,595
1,292,759
Called up share capital
100
100
Profit and loss account
1,715,495
1,292,659
Shareholders' funds
1,715,595
1,292,759
For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 November 2025 and were signed on its behalf by
Jon Bennett
Director
Company Registration No. 10606985
WeBuild Sussex Ltd
Notes to the Accounts
for the year ended 28 February 2025
WeBuild Sussex Ltd is a private company, limited by shares, registered in England and Wales, registration number 10606985. The registered office is 1st Floor Cornelius House, 178-180 Church Road, Hove, BN3 2DL, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
3 years
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2024
20,969
45,877
6,647
73,493
Additions
999
2,000
-
2,999
At 28 February 2025
21,968
47,877
6,647
76,492
At 1 March 2024
4,689
12,627
6,647
23,963
Charge for the year
4,285
9,176
5,389
18,850
At 28 February 2025
8,974
21,803
12,036
42,813
At 28 February 2025
12,994
26,074
(5,389)
33,679
At 29 February 2024
16,280
33,250
-
49,530
WeBuild Sussex Ltd
Notes to the Accounts
for the year ended 28 February 2025
Amounts falling due within one year
Trade debtors
1,626,433
110,309
Accrued income and prepayments
2,228
-
Other debtors
686,036
1,117,291
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
1,184,251
863,534
Taxes and social security
562,964
279,443
Other creditors
1,465,415
1,106,192
Loans from directors
-
449
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
During the year the director loaned the company £215 (2024: £542) for working capital purposes. The loan was interest free, unsecured and repayable on demand.
9
Average number of employees
During the year the average number of employees was 21 (2024: 11).