S. Downes Builders Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 04499902 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

S. Downes Builders Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S D Downes

Mrs T Downes

SECRETARY:

REGISTERED OFFICE:

C/o Emmerson Accountancy Ltd

Atlantic Business Centre

Atlantic Street

Altrincham

Cheshire

WA14 5NQ

REGISTERED NUMBER:

04499902 (England and Wales)

ACCOUNTANTS:

Emmerson Accountancy Ltd

Atlantic Business Centre

Atlantic Street

Altrincham

Cheshire

WA14 5NQ

FIXED ASSETS

Tangible assets

4

7,031

942

CURRENT ASSETS

Debtors

5

1,184

6,123

Cash at bank

5,591

525

6,775

6,648

CREDITORS

Amounts falling due within one year

6

(2,447

)

(1,115

)

NET CURRENT ASSETS

9,222

7,763

TOTAL ASSETS LESS CURRENT
LIABILITIES

16,253

8,705

CREDITORS

Amounts falling due after more than one year

7

5,019

8,686

NET ASSETS

11,234

19

CAPITAL AND RESERVES

Called up share capital

9

2

Retained earnings

10

11,232

17

SHAREHOLDERS' FUNDS

11,234

19

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 21 December 2025 and were signed on its behalf by:

S D Downes - Director

1.	STATUTORY INFORMATION

S. Downes Builders Ltd 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.

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.

Tangible fixed assets

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

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

COST

At 1 April 2024

-

2,640

Additions

7,329

-

7,329

At 31 March 2025

7,329

2,640

9,969

DEPRECIATION

At 1 April 2024

-

1,698

Charge for year

1,099

141

1,240

At 31 March 2025

1,099

1,839

2,938

NET BOOK VALUE

At 31 March 2025

6,230

801

7,031

At 31 March 2024

-

942

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

1,100

1,238

Directors' current accounts

-

4,885

Prepayments

84

-

1,184

6,123

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Bank loans and overdrafts (see note 8)

618

324

Tax

3,321

2,281

Social security and other taxes

(7,517

)

(4,836

)

Directors' current accounts

9

-

Accrued expenses

1,122

1,116

(2,447

)

(1,115

)

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.25

31.3.24

£

Other loans (see note 8)

5,019

8,686

8.

LOANS

An analysis of the maturity of loans is given below:

31.3.25

31.3.24

£

Amounts falling due within one year or on demand:

Bank overdrafts

618

324

Amounts falling due between one and two years:

Other loans - 1-2 years

5,019

8,686

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

2

Ordinary

£1

2

10.

RESERVES

Retained

earnings

£

At 1 April 2024

17

Profit for the year

20,575

Dividends

(9,360

)

At 31 March 2025

11,232