Company Registration No. 14647212 (England and Wales)
Build Nine Group Ltd
Unaudited accounts
for the year ended 31 March 2025
Build Nine Group Ltd
Unaudited accounts
Contents
Build Nine Group Ltd
Statement of financial position
as at 31 March 2025
Investment property
33,953
33,953
Cash at bank and in hand
57
1,000
Creditors: amounts falling due within one year
(1,425)
(1,425)
Net current liabilities
(1,321)
(378)
Total assets less current liabilities
32,632
33,575
Creditors: amounts falling due after more than one year
(35,654)
(35,000)
Net liabilities
(3,022)
(1,425)
Called up share capital
100
100
Profit and loss account
(3,122)
(1,525)
Shareholders' funds
(3,022)
(1,425)
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. 14647212
Build Nine Group Ltd
Notes to the Accounts
for the year ended 31 March 2025
Build Nine Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 14647212. The registered office is Howbery Business Park, Benson Lane, Wallingford, OX10 8BA, United Kingdom.
2
Compliance with accounting standards
The financial statements are prepared under the historical cost convention modified to include the revaluation of freehold land and buildings and in accordance with the provisions of FRS 102 Section 1A Small Entities.
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.
Investment properties, which are properties held to earn rentals and/or for capital appreciation, are measured initially at cost (purchase price and directly attributable expenditure) and subsequently are measured using the fair value model and stated at their fair value as at the end of the reporting end date. The surplus or deficit on revaluation is recognised in the profit and loss account.
No depreciation is provided on investment properties which is a departure from the requirements of the Companies Act 2006. In the opinion of the director, these properties are held primarily for their investment potential and so their fair value is of more significance than any measure of consumption and to depreciate them would not give a true and fair view. The provisions of FRS102 Section 16 "Investment Property" have therefore been adopted in order to give a true and fair view. If this departure from the Act had not been made, the profit would have been reduced by depreciation. The amount of depreciation cannot reasonably be quantified and the amount which might otherwise has been shown cannot be separately identified or quantified.
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.
Fair value at 1 April 2024
33,953
In the opinion of the director, the land value remains unchanged from purchase.
Build Nine Group Ltd
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Loans from directors
273
273
7
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
35,654
35,000
8
Transactions with related parties
At the period end, the company owed £35,655 to Build Nine Property Group Ltd (2024: £35,000), a company under the control and ownership of the same director. There are no repayment terms and no interest has been applied on this amount.
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).