REGISTERED NUMBER: 10044205 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

CLEVERLEY BUILDERS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G J Cleverley

REGISTERED OFFICE:

Dilharem

Whitchurch Lane

Bishopsworth

Bristol

Avon

BS137TA

REGISTERED NUMBER:

10044205 (England and Wales)

ACCOUNTANT:

Grahame J Harbour Limited

1 Windrush Road

Keynsham

Bristol

Avon

BS31 1QL

FIXED ASSETS

Tangible assets

4

58,159

30,867

CURRENT ASSETS

Stocks

11,965

32,003

Debtors

5

104,034

71,873

Cash at bank and in hand

3,491

280

119,490

104,156

CREDITORS

Amounts falling due within one year

6

214,748

251,297

NET CURRENT LIABILITIES

(95,258

)

(147,141

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(37,099

)

(116,274

)

CREDITORS

Amounts falling due after more than one year

7

30,358

20,718

NET LIABILITIES

(67,457

)

(136,992

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(67,557

)

(137,092

)

SHAREHOLDERS' FUNDS

(67,457

)

(136,992

)

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 31 December 2025 and were signed by:

G J Cleverley - Director

1.	STATUTORY INFORMATION

Cleverley Builders 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% 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

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.

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

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

10,500

59,047

5,545

75,092

Additions

-

46,419

-

46,419

At 31 March 2025

10,500

105,466

5,545

121,511

DEPRECIATION

At 1 April 2024

7,639

32,135

4,451

44,225

Charge for year

429

18,333

365

19,127

At 31 March 2025

8,068

50,468

4,816

63,352

NET BOOK VALUE

At 31 March 2025

2,432

54,998

729

58,159

At 31 March 2024

2,861

26,912

1,094

30,867

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2024

36,480

Additions

20,284

At 31 March 2025

56,764

DEPRECIATION

At 1 April 2024

15,960

Charge for year

10,201

At 31 March 2025

26,161

NET BOOK VALUE

At 31 March 2025

30,603

At 31 March 2024

20,520

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

77,889

38,373

Other debtors

22,996

22,708

Tax

3,149

3,149

VAT

-

7,643

104,034

71,873

Included in other debtors is an amount owing from the director which is to be repaid post year end.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

-

801

Hire purchase contracts

7,661

3,629

Trade creditors

6,867

23,820

Social security and other taxes

(13,132

)

(3,483

)

VAT

12,097

-

Other creditors

9,600

-

CVA creditor

177,405

220,605

Accrued expenses

14,250

5,925

214,748

251,297

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

30,358

20,718