REGISTERED NUMBER: 11789873 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Coastal Builders (Sussex) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C D Bunoz

SECRETARY:

REGISTERED OFFICE:

398 Coast Road

Pevensey Bay

East Sussex

BN24 6NY

REGISTERED NUMBER:

11789873 (England and Wales)

ACCOUNTANTS:

Stone's Accountancy Sussex Limited

398 Coast Road

Pevensey Bay

Pevensey

East Sussex

BN24 6NY

FIXED ASSETS

Tangible assets

4

58,482

73,101

CURRENT ASSETS

Stocks

26,401

16,599

Debtors

5

92,745

37,603

Cash at bank

13,907

12,860

133,053

67,062

CREDITORS

Amounts falling due within one year

6

179,591

109,941

NET CURRENT LIABILITIES

(46,538

)

(42,879

)

TOTAL ASSETS LESS CURRENT LIABILITIES

11,944

30,222

CREDITORS

Amounts falling due after more than one year

7

15,526

27,618

NET (LIABILITIES)/ASSETS

(3,582

)

2,604

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(3,682

)

2,504

SHAREHOLDERS' FUNDS

(3,582

)

2,604

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 director acknowledges his 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 director and authorised for issue on 28 September 2025 and were signed by:

C D Bunoz - Director

1.	STATUTORY INFORMATION

Coastal Builders (Sussex) Limited 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

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

73,495

17,478

54,545

1,769

147,287

DEPRECIATION

At 1 April 2024

36,262

10,071

27,149

704

74,186

Charge for year

7,446

1,481

5,479

213

14,619

At 31 March 2025

43,708

11,552

32,628

917

88,805

NET BOOK VALUE

At 31 March 2025

29,787

5,926

21,917

852

58,482

At 31 March 2024

37,233

7,407

27,396

1,065

73,101

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

86,314

27,714

VAT

6,431

9,889

92,745

37,603

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade creditors

22,457

(325

)

Tax

67,185

44,336

Social security and other taxes

74,812

35,424

Directors' loan accounts

13,091

28,659

Accrued expenses

2,046

1,847

179,591

109,941

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans - 2-5 years

12,975

21,667

Other loans - 1-2 years

2,551

5,951

15,526

27,618

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date, the loan amount shown on the directors loan account was loaned to the company to purchase the assets used within the business. There has not been any interest charged this year as the amount is repayable on demand.