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Company Registration No. 12217020 (England and Wales)
London Building Contractors Limited Unaudited accounts for the year ended 30 September 2025
London Building Contractors Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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London Building Contractors Limited Company Information for the year ended 30 September 2025
Director
James BALOGUN
Company Number
12217020 (England and Wales)
Registered Office
47 - 49 PARK ROYAL ROAD ACTON LONDON MIDDLESEX LONDON NW10 7LQ ENGLAND
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London Building Contractors Limited Statement of financial position as at 30 September 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
47,507
47,507
Current assets
Debtors
5
501,755
85,695
Cash at bank and in hand
57,297
30,669
559,052
116,364
Creditors: amounts falling due within one year
6
(46,762)
(46,756)
Net current assets
512,290
69,608
Net assets
559,797
117,115
Capital and reserves
Profit and loss account
559,797
117,115
Shareholders' funds
559,797
117,115
For the year ending 30 September 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 director acknowledges his 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 and authorised for issue on 8 December 2025 and were signed on its behalf by
James BALOGUN Director Company Registration No. 12217020
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London Building Contractors Limited Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
London Building Contractors Limited is a private company, limited by shares, registered in England and Wales, registration number 12217020. The registered office is 47 - 49 PARK ROYAL ROAD, ACTON, LONDON, MIDDLESEX LONDON, NW10 7LQ, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Vehicles 20% reducing balance Fixtures, fittings, tools and equipment 20% straight line
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
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London Building Contractors Limited Notes to the Accounts for the year ended 30 September 2025
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 October 2024
4,670
49,746
54,416
At 30 September 2025
4,670
49,746
54,416
Depreciation
At 1 October 2024
6,909
-
6,909
At 30 September 2025
6,909
-
6,909
Net book value
At 30 September 2025
(2,239)
49,746
47,507
At 30 September 2024
(2,239)
49,746
47,507
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
2,758
(2,223)
Other debtors
498,997
98,141
501,755
95,918
Amounts falling due after more than one year
Other debtors
-
(10,223)
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London Building Contractors Limited Notes to the Accounts for the year ended 30 September 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
50,908
50,902
Taxes and social security
1,414
1,414
Other creditors
(3,560)
(3,560)
Accruals
(2,000)
(2,000)
46,762
46,756
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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