Registration number: 10599384

Amicus Construction Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 9

Amicus Construction Limited

Company Information

Directors

Mr S Charleston Mr A Siechnyi

Registered office

2C Nightingale Road Wendover Aylesbury HP22 6JX

Accountants

Harney & Co Limited Chartered Certified Accountants58 Kinson Road Bournemouth Dorset BH10 4AN

Amicus Construction Limited

(Registration number: 10599384)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	35,279	45,432
Current assets
Stocks	5	500	250
Debtors	6	248,265	218,147
Cash at bank and in hand		58,907	48,689
		307,672	267,086
Creditors: Amounts falling due within one year	7	(94,838)	(57,270)
Net current assets		212,834	209,816
Total assets less current liabilities		248,113	255,248
Provisions for liabilities		(1,924)	(2,061)
Net assets		246,189	253,187
Capital and reserves
Called up share capital	8	1,000	1,000
Retained earnings		245,189	252,187
Shareholders' funds		246,189	253,187

Amicus Construction Limited

(Registration number: 10599384)
Balance Sheet as at 31 March 2025 (continued)

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 11 December 2025 and signed on its behalf by:
 

......................................... Mr S Charleston Director

......................................... Mr A Siechnyi Director

Amicus Construction Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 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:
2C Nightingale Road
Wendover
Aylesbury
HP22 6JX

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.

The financial statements are prepared in sterling which is the functional currency of the company and rounded to the nearest £1.

Going concern

Revenue recognition

Revenue from construction contracts is recognised when it is probable that economic benefits will flow to the company and the revenue can be reliably measures. Revenue is measured at the fair value of the consideration received or receivable, net of any trade discounts allowed by the company, sales/value added tax, returns and rebates.

Contract revenue recognition

Revenue is recognised progressively based on the stage of completion of the contract activity at the reporting date. The stage of completion is determined with consideration of the proportion of contact costs incurred for work performed to date relating to the estimated total contract costs, and the completion of the physical proportion of the contract work. Revenue is recognised only when the stage of work completed has been inspected and approved by the relevant parties, ensuring that the applicable performance obligations have been met.

Amicus Construction Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

2	Accounting policies (continued)

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.

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
Office equipment	30% straight line
Plant and machinery	25% reducing balance
Motor vehicles	25% reducing balance

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.

Amicus Construction Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

2	Accounting policies (continued)

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.

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.

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.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

The company has basic financial instruments which are classified, measured and accounted for according to the substance of the contractual arrangement, as financial assets or financial liabilities. The company has not entered into any complex financial instruments.
 

3	Staff numbers

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

Amicus Construction Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

4	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Plant and machinery £	Total £
Cost or valuation
At 1 April 2024	5,325	68,990	3,363	77,678
Additions	2,004	-	165	2,169
Disposals	(1,125)	-	-	(1,125)
At 31 March 2025	6,204	68,990	3,528	78,722
Depreciation
At 1 April 2024	3,046	27,017	2,183	32,246
Charge for the year	1,208	10,493	311	12,012
Eliminated on disposal	(815)	-	-	(815)
At 31 March 2025	3,439	37,510	2,494	43,443
Carrying amount
At 31 March 2025	2,765	31,480	1,034	35,279
At 31 March 2024	2,279	41,973	1,180	45,432

5

Stocks

	2025 £	2024 £
Other inventories	500	250

6

Debtors

Current	2025 £	2024 £
Trade debtors	8,433	-
Prepayments	2,041	188
Other debtors	237,791	217,959
	248,265	218,147

Amicus Construction Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	16,478	9,935
Taxation and social security	54,213	42,009
Accruals and deferred income	23,244	3,410
Other creditors	903	1,916
	94,838	57,270

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	1,000	1,000	1,000	1,000

9

Dividends

Interim dividends paid

		2025 £		2024 £
Interim dividend of £127.50 (2024 - £120.00) per each Ordinary shares		127,500		120,000

10	Related party transactions