Company Registration No. 13178831 (England and Wales)
Build Nine Property Group Ltd
Unaudited accounts
for the year ended 31 March 2025
Build Nine Property Group Ltd
Unaudited accounts
Contents
Build Nine Property Group Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
10,999
37,819
Cash at bank and in hand
33,793
101,914
Creditors: amounts falling due within one year
(2,893)
(131,283)
Net current assets
66,965
149,647
Total assets less current liabilities
77,964
187,466
Provisions for liabilities
Deferred tax
(2,749)
(8,470)
Called up share capital
100
100
Profit and loss account
75,115
178,896
Shareholders' funds
75,215
178,996
For the 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. 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 18 December 2025 and were signed on its behalf by
G Powell
Director
Company Registration No. 13178831
Build Nine Property Group Ltd
Notes to the Accounts
for the year ended 31 March 2025
Build Nine Property Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 13178831. The registered office is Howbery Business Park, Benson Lane, Wallingford, OX10 8BA.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
3 years straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Build Nine Property Group Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
18,515
35,774
934
4,599
59,822
Additions
361
-
415
87
863
Disposals
-
(35,774)
-
-
(35,774)
At 31 March 2025
18,876
-
1,349
4,686
24,911
At 1 April 2024
6,631
12,545
233
2,594
22,003
Charge for the year
3,036
-
239
1,179
4,454
On disposals
-
(12,545)
-
-
(12,545)
At 31 March 2025
9,667
-
472
3,773
13,912
At 31 March 2025
9,209
-
877
913
10,999
At 31 March 2024
11,884
23,229
701
2,005
37,819
Amounts falling due within one year
Accrued income and prepayments
413
1,346
Other debtors
35,655
107,048
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
(602)
91,812
Taxes and social security
1,330
6,613
Other creditors
1,651
17,936
Loans from directors
1,812
-
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's Loan
72,048
1,537
75,397
(1,812)
72,048
1,537
75,397
(1,812)
No interest has been charged on the loan (2024: £751 charged at the official HM Revenue & Customs rate).
Build Nine Property Group Ltd
Notes to the Accounts
for the year ended 31 March 2025
8
Transactions with related parties
At the period end, the company was owed £35,655 (2024: £35,000) from Build Nine Group Ltd, a company under the control and ownership of the same director. There are no repayment terms and no intertest has been applied on this amount.
9
Average number of employees
During the year the average number of employees was 1 (2024: 3).