REGISTERED NUMBER: 07288259 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Symmetry Builds Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs M Payne

S Payne

REGISTERED OFFICE:

12 Flinters Close

Wooton Feilds

Northampton

Northamptonshire

NN4 6BH

REGISTERED NUMBER:

07288259 (England and Wales)

ACCOUNTANTS:

D and E Accountancy Ltd

Tax Advisors and Accountants

2nd Floor, 2 Walsworth Road

Hitchin

Hertfordshire

SG4 9SP

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,994

2,641

1,994

2,641

CURRENT ASSETS

Stocks

6

4,484

18,296

Debtors

7

19,928

11,320

Cash at bank

2,774

57,328

27,186

86,944

CREDITORS

Amounts falling due within one year

8

20,839

55,103

NET CURRENT ASSETS

6,347

31,841

TOTAL ASSETS LESS CURRENT LIABILITIES

8,341

34,482

CREDITORS

Amounts falling due after more than one year

9

(30,977

)

(25,114

)

PROVISIONS FOR LIABILITIES

10

-

(344

)

NET (LIABILITIES)/ASSETS

(22,636

)

9,024

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(22,736

)

8,924

SHAREHOLDERS' FUNDS

(22,636

)

9,024

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 30 December 2025 and were signed on its behalf by:

S Payne - Director

1.	STATUTORY INFORMATION

Symmetry Builds 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

10% on reducing balance

Motor vehicles

-

10% on reducing balance

Computer equipment

-

33% 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

20,000

AMORTISATION

At 1 April 2024

and 31 March 2025

20,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

2,961

14,949

3,270

21,180

DEPRECIATION

At 1 April 2024

2,094

13,558

2,887

18,539

Charge for year

174

347

126

647

At 31 March 2025

2,268

13,905

3,013

19,186

NET BOOK VALUE

At 31 March 2025

693

1,044

257

1,994

At 31 March 2024

867

1,391

383

2,641

6.

STOCKS

31.3.25

31.3.24

£

£

Work-in-progress

4,484

18,296

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

14,266

11,320

Other debtors

5,662

-

19,928

11,320

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

2,471

7,000

Trade creditors

3,974

514

Tax

4,304

8,607

Social security and other taxes

225

(20,371

)

VAT

170

5,782

Directors' current accounts

7,920

51,826

Accrued expenses

1,775

1,745

20,839

55,103

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - 1-2 years

30,977

25,114

10.	PROVISIONS FOR LIABILITIES

31.3.24

£

Deferred tax

344

Deferred

tax

£

Balance at 1 April 2024

344

Credit to Income Statement during year

(6,006

)

Balance at 31 March 2025

(5,662

)

11.	ULTIMATE CONTROLLING PARTY

The company is under the joint control of the directors, no individual controls the company.