REGISTERED NUMBER: 06712990 (England and Wales)

K Baker Builder Limited

Unaudited Financial Statements for the Year Ended 31 March 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Directors:

K T Baker

L A Baker

Registered office:

46 Harlington Avenue

Hellesdon

Norwich

Norfolk

NR6 5JL

Registered number:

06712990 (England and Wales)

Accountants:

Fairhead Bradford

5 Queen Street

Great Yarmouth

Norfolk

NR30 2QP

Fixed assets

Intangible assets

4

-

-

Tangible assets

5

23,964

31,000

23,964

31,000

Current assets

Debtors

6

34,758

76,950

Cash at bank

109,437

61,731

144,195

138,681

Creditors

Amounts falling due within one year

7

45,013

44,943

Net current assets

99,182

93,738

Total assets less current liabilities

123,146

124,738

Provisions for liabilities

5,991

7,750

Net assets

117,155

116,988

Capital and reserves

Called up share capital

100

100

Retained earnings

117,055

116,888

117,155

116,988

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 1 December 2025 and were signed on its behalf by:

K T Baker - Director

1.	Statutory information

K Baker Builder 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover represents sales at invoice value less trade discounts allowed and excluding value added tax.

Sales income represents revenue earned under a variety of contracts to provide goods and services. Revenue is recognised as earned when, and to the extent that, the company earns the right to consideration in exchange for its performance under these contracts. It is measured at the fair value of the right to consideration, which represents amounts chargeable to customers, including expenses but excluding value added tax.

Revenue is generally recognised as contract activity progresses so that for incomplete contracts it reflects the partial performance of the contractual obligations. For such contracts, the amount of revenue reflects the accrual for the right to consideration by reference to the value of work performed. Revenue not billed to customers in included in other debtors.

Sales income that is contingent on events outside the control of the company are recognised when the contingent event occurs.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Cherished number plates are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Tools and equipment

-

at variable rates on reducing balance

Motor vehicles

-

20% on reducing balance

Office equipment

-

20% on reducing balance

Financial instruments

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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

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 5 (2024 - 5 ) .

4.	Intangible fixed assets

Cherished

number

Goodwill

plates

Totals

£

£

£

Cost

At 1 April 2024

and 31 March 2025

10,000

417

10,417

Amortisation

At 1 April 2024

and 31 March 2025

10,000

417

10,417

Net book value

At 31 March 2025

-

-

-

At 31 March 2024

-

-

-

5.	Tangible fixed assets

Tools and

Motor

Office

equipment

vehicles

equipment

Totals

£

£

£

£

Cost

At 1 April 2024

19,021

70,083

8,968

98,072

Additions

428

-

439

867

At 31 March 2025

19,449

70,083

9,407

98,939

Depreciation

At 1 April 2024

17,503

41,381

8,188

67,072

Charge for year

422

7,176

305

7,903

At 31 March 2025

17,925

48,557

8,493

74,975

Net book value

At 31 March 2025

1,524

21,526

914

23,964

At 31 March 2024

1,518

28,702

780

31,000

6.

Debtors: amounts falling due within one year

31/3/25

31/3/24

£

£

Trade debtors

15,361

12,236

Other debtors

19,397

64,714

34,758

76,950

7.

Creditors: amounts falling due within one year

31/3/25

31/3/24

£

£

Trade creditors

20,675

12,801

Taxation and social security

20,266

28,098

Other creditors

4,072

4,044

45,013

44,943