Registration number: 03789152

Rexstone Builders Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 10

Rexstone Builders Limited

Company Information

Director

Mr N Jeffery

Company secretary

Mrs J Jeffery

Registered office

Gatehouse Cottages Gatehouse Lane Framfield Uckfield East Sussex TN22 5RS

Accountants

Brookes Sivyer Chartered AccountantsPO Box 533 Newquay Cornwall TR7 9DJ

Rexstone Builders Limited

(Registration number: 03789152)
Balance Sheet as at 30 June 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	26,468	33,670
Current assets
Stocks	5	51,330	122,784
Debtors	6	5,954	6,240
Cash at bank and in hand		97,092	76,548
		154,376	205,572
Creditors: Amounts falling due within one year	7	(62,047)	(98,297)
Net current assets		92,329	107,275
Total assets less current liabilities		118,797	140,945
Creditors: Amounts falling due after more than one year	7	(2,621)	(13,051)
Provisions for liabilities		(6,617)	(8,418)
Net assets		109,559	119,476
Capital and reserves
Called up share capital	8	200	200
Retained earnings		109,359	119,276
Shareholders' funds		109,559	119,476

For the financial year ending 30 June 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 members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Rexstone Builders Limited

(Registration number: 03789152)
Balance Sheet as at 30 June 2025

Approved and authorised by the director on 11 December 2025
 

......................................... Mr N Jeffery Director

Rexstone Builders Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Gatehouse Cottages
Gatehouse Lane
Framfield
Uckfield
East Sussex
TN22 5RS
England

These financial statements were authorised for issue by the director on 11 December 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Rexstone Builders Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant & machinery	25% Reducing balance method
Office equipment	33% Straight line basis
Motor vehicles	25% Reducing balance method
Fixtures & fittings	25% Reducing balance method

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Rexstone Builders Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 2).

Rexstone Builders Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

4	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Other tangible assets £	Total £
Cost or valuation
At 1 July 2024	24,380	53,956	67,249	145,585
Additions	3,011	-	-	3,011
At 30 June 2025	27,391	53,956	67,249	148,596
Depreciation
At 1 July 2024	21,226	41,296	49,393	111,915
Charge for the year	2,583	3,166	4,464	10,213
At 30 June 2025	23,809	44,462	53,857	122,128
Carrying amount
At 30 June 2025	3,582	9,494	13,392	26,468
At 30 June 2024	3,154	12,660	17,856	33,670

5

Stocks

	2025 £	2024 £
Work in progress	51,330	122,784

6

Debtors

Current	2025 £	2024 £
Prepayments	5,954	6,240
	5,954	6,240

Rexstone Builders Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	9	13,991	12,159
Trade creditors		13,919	59,443
Taxation and social security		25,904	10,468
Accruals and deferred income		3,000	3,000
Other creditors		5,233	13,227
		62,047	98,297

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	9	2,621	13,051

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary "A" Shares of £1 each	100	100	100	100
Ordinary "B" Shares of £1 each	100	100	100	100
	200	200	200	200

Rexstone Builders Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

9	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	2,621	13,051

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	10,441	10,184
Other borrowings	3,550	1,975
	13,991	12,159

Bank borrowings

Bank loan is denominated in sterling with a nominal interest rate of 2.5%%, and the final instalment is due on 30 September 2026. The carrying amount at year end is £13,062 (2024 - £23,235). The bank loan is unsecured.

10

Dividends

Interim dividends paid

		2025 £		2024 £
Interim dividend of £240.00 (2024 - £230.00) per each Ordinary "A" Shares		24,000		23,000
Interim dividend of £240.00 (2024 - £230.00) per each Ordinary "B" Shares		24,000		23,000
		48,000		46,000

Rexstone Builders Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

11	Related party transactions

Director's remuneration

The director's remuneration for the year was as follows:

	2025 £	2024 £
Remuneration	12,570	12,570

 

Dividends paid to the director

		2025 £		2024 £
Mr N Jeffery
Dividends		24,000		23,000