Company Registration No. 09061712 (England and Wales)
Flaherty Builders Ltd
Unaudited accounts
for the year ended 31 May 2025
Flaherty Builders Ltd
Unaudited accounts
Contents
Flaherty Builders Ltd
Company Information
for the year ended 31 May 2025
Directors
Sean Colman Flaherty
Joseph Flaherty
Company Number
09061712 (England and Wales)
Registered Office
15a Walm Lane
Willesden
London
NW2 5SJ
England
Accountants
Schiavi Pole Brett Ltd
15A Walm Lane
London
NW2 5SJ
Flaherty Builders Ltd
Statement of financial position
as at 31 May 2025
Tangible assets
73,646
25,534
Investments
1,211,794
960,433
Inventories
50,744
203,523
Cash at bank and in hand
327,181
339,651
Creditors: amounts falling due within one year
(173,645)
(219,546)
Net current assets
204,280
323,628
Total assets less current liabilities
1,489,720
1,309,595
Provisions for liabilities
Deferred tax
(15,466)
(2,470)
Net assets
1,474,254
1,307,125
Called up share capital
3
3
Profit and loss account
1,474,251
1,307,122
Shareholders' funds
1,474,254
1,307,125
For the year ending 31 May 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 18 November 2025 and were signed on its behalf by
Sean Colman Flaherty
Director
Company Registration No. 09061712
Flaherty Builders Ltd
Notes to the Accounts
for the year ended 31 May 2025
Flaherty Builders Ltd is a private company, limited by shares, registered in England and Wales, registration number 09061712. The registered office is 15a Walm Lane, Willesden, London, NW2 5SJ, 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.
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:
Plant & machinery
25% on reducing balance
Motor vehicles
25% on reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 June 2024
5,889
64,191
70,080
Disposals
-
(53,900)
(53,900)
At 31 May 2025
5,889
78,447
84,336
At 1 June 2024
5,127
39,419
44,546
Charge for the year
191
2,799
2,990
On disposals
-
(36,846)
(36,846)
At 31 May 2025
5,318
5,372
10,690
At 31 May 2025
571
73,075
73,646
At 31 May 2024
762
24,772
25,534
Flaherty Builders Ltd
Notes to the Accounts
for the year ended 31 May 2025
5
Investments
Subsidiary undertakings
Valuation at 1 June 2024
960,433
Valuation at 31 May 2025
1,211,794
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
22,891
20,861
Taxes and social security
71,749
119,669
Loans from directors
7,032
30,431
7
Average number of employees
During the year the average number of employees was 4 (2024: 5).