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REGISTERED NUMBER: 04847147 (England and Wales)

P & S MCGOWAN (BUILDERS) LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

P & S MCGOWAN (BUILDERS) LIMITED (REGISTERED NUMBER: 04847147)

CONTENTS OF THE FINANCIAL STATEMENTS

for the year ended 31 August 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

P & S MCGOWAN (BUILDERS) LIMITED

COMPANY INFORMATION

for the year ended 31 August 2025

| DIRECTORS: | S M McGowan

| Mrs A E McGowan

| SECRETARY: | S M McGowan

| REGISTERED OFFICE: | 186 Taylor Hill Road

| Taylor Hill

| Huddersfield

| West Yorkshire

| HD4 6HF

| REGISTERED NUMBER: | 04847147 (England and Wales)

| ACCOUNTANTS: | SMH Sheards

| Vernon House

| 40 New North Road

| Huddersfield

| West Yorkshire

| HD1 5LS

P & S MCGOWAN (BUILDERS) LIMITED (REGISTERED NUMBER: 04847147)

BALANCE SHEET

31 August 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 5,299 |  | 5,834 |  |

5,299 |  | 5,834 |  |

CURRENT ASSETS

Stocks | 3,660 |  | 4,800 |  |

Debtors | 6 | 1,646 |  | 2,268 |  |

Cash at bank | 80,341 |  | 123,359 |  |

85,647 |  | 130,427 |  |

CREDITORS

Amounts falling due within one year | 7 | (55,726 | ) | (72,986 | ) |

NET CURRENT ASSETS | 29,921 |  | 57,441 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 35,220 |  | 63,275 |  |

PROVISIONS FOR LIABILITIES | 8 | (1,007 | ) | (1,302 | ) |

NET ASSETS | 34,213 |  | 61,973 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 34,113 |  | 61,873 |  |

SHAREHOLDERS' FUNDS | 34,213 |  | 61,973 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

P & S MCGOWAN (BUILDERS) LIMITED (REGISTERED NUMBER: 04847147)

BALANCE SHEET - continued

31 August 2025

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 19 December 2025 and were signed on its behalf by:

S M McGowan - Director

P & S MCGOWAN (BUILDERS) LIMITED (REGISTERED NUMBER: 04847147)

NOTES TO THE FINANCIAL STATEMENTS

for the year ended 31 August 2025

1. | STATUTORY INFORMATION

| P & S Mcgowan (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.

| The presentation currency of the financial statements is the Pound Sterling (£).

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 represented by the invoiced sales of services, excluding VAT, which are recognised when the services are provided.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty 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.

| Stocks

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

| 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.

P & S MCGOWAN (BUILDERS) LIMITED (REGISTERED NUMBER: 04847147)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 31 August 2025

2. | ACCOUNTING POLICIES - continued

| Financial instruments

| Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

| Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs.

| Financial assets are assessed for indicators of impairment at each balance sheet date, with any impairment losses being recognised in profit or loss. If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed in profit or loss.

| Financial liabilities are classified depending on the substance of the contractual arrangements entered into.

| Basic financial liabilities, including trade and other creditors and accruals, are initially recognised at transaction price.

| Financial assets and liabilities are derecognised when the company's contractual obligations are settled, cancelled or they expire.

| 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.

3. | EMPLOYEES AND DIRECTORS

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

P & S MCGOWAN (BUILDERS) LIMITED (REGISTERED NUMBER: 04847147)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 31 August 2025

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 September 2024

| and 31 August 2025 | 23,000 |  |

| AMORTISATION

| At 1 September 2024

| and 31 August 2025 | 23,000 |  |

| NET BOOK VALUE

| At 31 August 2025 | - |  |

| At 31 August 2024 | - |  |

5. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 September 2024 | 35,144 |  |

| Additions | 795 |  |

| At 31 August 2025 | 35,939 |  |

| DEPRECIATION

| At 1 September 2024 | 29,310 |  |

| Charge for year | 1,330 |  |

| At 31 August 2025 | 30,640 |  |

| NET BOOK VALUE

| At 31 August 2025 | 5,299 |  |

| At 31 August 2024 | 5,834 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 456 |  | 1,180 |  |

| Other debtors | 1,190 |  | 1,088 |  |

1,646 |  | 2,268 |  |

P & S MCGOWAN (BUILDERS) LIMITED (REGISTERED NUMBER: 04847147)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 31 August 2025

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade creditors | 2,695 |  | 1,105 |  |

| Taxation and social security | 4,284 |  | 25,078 |  |

| Other creditors | 48,747 |  | 46,803 |  |

55,726 |  | 72,986 |  |

8. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

£ | £ |

| Deferred tax | 1,007 |  | 1,302 |  |

| Deferred |

| tax |

£ |

| Balance at 1 September 2024 | 1,302 |  |

| Credit to Income Statement during year | (295 | ) |

| Balance at 31 August 2025 | 1,007 |  |

9. | RELATED PARTY DISCLOSURES

| Loans owing to the director on an interest free basis of £47,752 (2024: £45,910) were outstanding at the year end. Loans will be repaid when funds permit.