REGISTERED NUMBER: 02544228 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

ND WILLAN BUILDING CONTRACTORS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N D Willan

Mrs S H Willan

D Willan

SECRETARY:

Mrs S H Willan

REGISTERED OFFICE:

Saxon House

Hellesdon Park Road

Drayton High Road

Norwich

Norfolk

NR6 5DR

REGISTERED NUMBER:

02544228 (England and Wales)

ACCOUNTANTS:

Quinneys

Chartered Certified Accountants

Saxon House

Hellesdon Park Road

Norwich

Norfolk

NR6 5DR

FIXED ASSETS

Tangible assets

4

131,228

88,210

CURRENT ASSETS

Stocks

118,000

63,000

Debtors

5

435,750

1,679,441

Cash at bank

2,040,126

793,962

2,593,876

2,536,403

CREDITORS

Amounts falling due within one year

6

2,271,361

830,146

NET CURRENT ASSETS

322,515

1,706,257

TOTAL ASSETS LESS CURRENT LIABILITIES

453,743

1,794,467

PROVISIONS FOR LIABILITIES

23,536

10,746

NET ASSETS

430,207

1,783,721

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

430,107

1,783,621

430,207

1,783,721

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 11 December 2025 and were signed on its behalf by:

N D Willan - Director

Mrs S H Willan - Director

1.	STATUTORY INFORMATION

ND Willan Building Contractors 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 etc

-

25% on cost and 15% 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.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 6 ).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

188,012

Additions

60,840

At 31 March 2025

248,852

DEPRECIATION

At 1 April 2024

99,802

Charge for year

17,822

At 31 March 2025

117,624

NET BOOK VALUE

At 31 March 2025

131,228

At 31 March 2024

88,210

5.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

429,414

169,648

Other debtors

6,336

7,557

435,750

177,205

Amounts falling due after more than one year:

Other debtors

-

1,502,236

Aggregate amounts

435,750

1,679,441

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts received in advance

1,250,000

-

Trade creditors

285,415

216,901

Taxation and social security

493,949

150,811

Other creditors

241,997

462,434

2,271,361

830,146

7.	RELATED PARTY DISCLOSURES

Included within debtors is an amount of £Nil (2024: £1,502,236) due from other companies controlled by the directors. During the year loans to ND Willan Construction Ltd amounting to £834,703 and to NDW Holdings Ltd amounting to £868,613 were written off.