| Registered number: 11936772 | ||||||||
| FOR THE YEAR ENDED 30/04/2025 | ||||||||
| Prepared By: | ||||||||
| R F Love and Company | ||||||||
| Chartered Accountant | ||||||||
| Holly House | ||||||||
| 21D Chudleigh Road | ||||||||
| Exeter | ||||||||
| Devon | ||||||||
| EX2 8TS | ||||||||
| Master Builders (South West) Limited | ||||||||
| ACCOUNTS | ||||||||
| FOR THE YEAR ENDED 30/04/2025 | ||||||||
| DIRECTORS | ||||||||
| REGISTERED OFFICE | ||||||||
| Devon | ||||||||
| COMPANY DETAILS | ||||||||
| Private company limited by shares registered in EW - England and Wales, registered number 11936772 | ||||||||
| ACCOUNTANTS | ||||||||
| R F Love and Company | ||||||||
| Chartered Accountant | ||||||||
| Holly House | ||||||||
| 21D Chudleigh Road | ||||||||
| Exeter | ||||||||
| Devon | ||||||||
| EX2 8TS | ||||||||
| Master Builders (South West) Limited | ||||||||
| ACCOUNTS | ||||||||
| FOR THEYEARENDED30/04/2025 | ||||||||
| CONTENTS | ||||||||
| Page | ||||||||
| Directors' Report | - | |||||||
| Statement Of Comprehensive Income | - | |||||||
| Balance Sheet | 3 | |||||||
| Notes To The Accounts | 4 | |||||||
| The following do not form part of the statutory financial statements: | ||||||||
| Trading And Profit And Loss Account | - | |||||||
| Profit And Loss Account Summaries | - | |||||||
| Master Builders (South West) Limited | ||||||||
| BALANCE SHEET AT | ||||||||||
| 2025 | 2024 | |||||||||
| Notes | £ | £ | ||||||||
| FIXED ASSETS | ||||||||||
| Tangible assets | 3 | |||||||||
| Investment Assets | 4 | |||||||||
| CURRENT ASSETS | ||||||||||
| Stock | ||||||||||
| Debtors | 6 | |||||||||
| Cash at bank and in hand | ||||||||||
| 591,677 | 815,396 | |||||||||
| CREDITORS: Amounts falling due within one year | 7 | |||||||||
| NET CURRENT LIABILITIES | (49,184) | |||||||||
| TOTAL ASSETS LESS CURRENT LIABILITIES | ( | |||||||||
| CAPITAL AND RESERVES | ||||||||||
| Called up share capital | 8 | |||||||||
| Profit and loss account | 184 | (48,939) | ||||||||
| SHAREHOLDERS' FUNDS | ( | |||||||||
| Approved by the board on | ||||||||||
| ............................. | ||||||||||
| Director | ||||||||||
| Master Builders (South West) Limited | ||||||||
| NOTES TO THE ACCOUNTS | ||||||||||
| FOR THE YEAR ENDED 30/04/2025 | ||||||||||
| 1. ACCOUNTING POLICIES |
| 1a. Basis Of Accounting | ||||||||
| The accounts have been prepared under the historical cost convention. | ||||||||
| The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . | ||||||||
| 1b. Depreciation | ||||||||
| Plant and Machinery | 25% | |||||||
| 1c. Stocks | ||||||||
| Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs. | ||||||||
| When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs. | ||||||||
| 1d. Investments | ||||||||
| Fixed asset investments are shown at cost less amounts written off. | ||||||||
| Provisions are made for permanent fluctuations in value. | ||||||||
| 2. EMPLOYEES | ||||||
| 2025 | 2024 | |||||
| No. | No. | |||||
| Average number of employees | 3 | |||||
| Master Builders (South West) Limited | ||||||||
| 3. TANGIBLE FIXED ASSETS | ||||
| Plant and | ||||
| Machinery | Total | |||
| £ | £ | |||
| Cost | ||||
| At 01/05/2024 | 580 | 580 | ||
| At 30/04/2025 | 580 | 580 | ||
| Depreciation | ||||
| At 01/05/2024 | 335 | 335 | ||
| For the year | 61 | 61 | ||
| At 30/04/2025 | 396 | 396 | ||
| Net Book Amounts | ||||
| At 30/04/2025 | 184 | |||
| At 30/04/2024 | 245 | |||
| 4. FINANCIAL ASSETS | |||||||||
| Shares in group companies | |||||||||
| and participating interests | Total | ||||||||
| £ | £ | ||||||||
| Cost | |||||||||
| At 01/05/2024 | 3 | 3 | |||||||
| At 30/04/2025 | 3 | 3 | |||||||
| Amortisation | |||||||||
| Net Book Amounts | |||||||||
| At 30/04/2025 | 3 | 3 | |||||||
| At 30/04/2024 | 3 | 3 | |||||||
| 5. STOCK | 2025 | 2024 | ||||
| £ | £ | |||||
| Stock comprises: | ||||||
| Clawton land - phases 1/2 | ||||||
| The Barn - Holsworthy | - | 75,000 | ||||
| Work in progress | ||||||
| Master Builders (South West) Limited | ||||||||
| 6. DEBTORS | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Amounts falling due within one year | ||||||||
| VAT | 495 | - | ||||||
| Amounts due from group companies | 38,806 | 38,704 | ||||||
| 39,301 | 38,704 | |||||||
| 7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
| 2025 | 2024 | |||||||
| £ | £ | |||||||
| Directors current account | 588,397 | 691,186 | ||||||
| Mortgage | - | 170,834 | ||||||
| Trade creditors | 3,280 | 2,560 | ||||||
| 591,677 | 864,580 | |||||||
| 8. SHARE CAPITAL | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Allotted, issued and fully paid: | ||||||||
| 3 | 3 | |||||||
| 3 | 3 | |||||||