Innovative Build Solutions Limited

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—4

Registered number: 07259001

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		207,472		217,469

			207,472		217,469
CURRENT ASSETS
Stocks		126,145		140,161
Debtors		232,376		245,740

		358,521		385,901
Creditors: Amounts Falling Due Within One Year		(510,093 )		(440,641 )

NET CURRENT ASSETS (LIABILITIES)			(151,572 )		(54,740 )

TOTAL ASSETS LESS CURRENT LIABILITIES			55,900		162,729

Creditors: Amounts Falling Due After More Than One Year			(45,348 )		(102,794 )

NET ASSETS			10,552		59,935

CAPITAL AND RESERVES
Called up share capital	6		200		200
Profit and Loss Account			10,352		59,735

SHAREHOLDERS' FUNDS			10,552		59,935

Page 1

Page 2

Innovative Build Solutions Limited

Abridged Balance Sheet (continued)

As At 31 March 2025

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 member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Matthew Warren

Director

31st December 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Innovative Build Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07259001 . The registered office is Unit 3 Coke Street, Derby, Derbyshire, DE1 1NE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2.3. Tangible Fixed Assets and Depreciation

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

Plant & Machinery	10% on reducing balance
Motor Vehicles	20% on reducing balance
Computer Equipment	25% on reducing balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

2.5. Stocks and Work in Progress

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2024: 4)

4. Tangible Assets

	Total
	£
Cost
As at 1 April 2024	292,967
Additions	31,172

As at 31 March 2025	324,139

...CONTINUED

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Innovative Build Solutions Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2025

Depreciation
As at 1 April 2024	75,498
Provided during the period	41,169

As at 31 March 2025	116,667

Net Book Value
As at 31 March 2025	207,472

As at 1 April 2024	217,469

5. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	16,848	19,177
Later than one year and not later than five years	17,315	33,298

	34,163	52,475
Less: Finance charges allocated to future periods	2,814	4,652

	31,349	47,823

6. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	200	200