Option One Builders Limited iXBRL

Company Registration Number: 03747883

Option One Builders Limited

Directors' Report and Unaudited Financial Statements

for the financial year ended 30 April 2025

Option One Builders Limited

DIRECTORS AND OTHER INFORMATION


Directors	Peter Dunn
	Jason Legeckis


Company Registration Number	03747883


Registered Office and Business Address	Cranleigh
	36 Brampton Road
	Maybank
	Newcastle-Under-Lyme
	Staffordshire
	ST5 0RF
	United Kingdom


Accountants	Future Accountancy Services
	AAT Licenced Accountant
	Suite G30 Genesis Centre
	Innovation Way
	Stoke On Trent
	Staffordshire
	ST6 4BF
	United Kingdom

Option One Builders Limited

DIRECTORS' REPORT

for the financial year ended 30 April 2025

The directors present their report and the unaudited financial statements for the financial year ended 30 April 2025.

Directors

The directors who served during the financial year are as follows:

Peter Dunn

Jason Legeckis

Statement of Directors' Responsibilities

The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to:

□

select suitable accounting policies and apply them consistently;

□

make judgements and accounting estimates that are reasonable and prudent;

□

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Special provisions relating to small companies

The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

On behalf of the board

___________________________

Peter Dunn

Jason Legeckis

Director

13 January 2026

Option One Builders Limited

PROFIT AND LOSS ACCOUNT

for the financial year ended 30 April 2025

	2025	2024
Notes	£	£

Turnover	201,405	249,662

Cost of sales	(46,773)	(110,694)
	─────────	─────────
Gross profit	154,632	138,968

Administrative expenses	(60,196)	(55,889)
	─────────	─────────
Operating profit	94,436	83,079

Finance costs	(484)	(381)
	─────────	─────────
Profit before taxation	93,952	82,698

Tax on profit	(19,757)	(19,069)
	─────────	─────────
Profit for the financial year	74,195	63,629
	─────────	─────────
Total comprehensive income	74,195	63,629

Equity dividends	(70,500)	(66,000)
Retained profit brought forward	15,494	17,865
	─────────	─────────
Retained profit carried forward	19,189	15,494
	═════════	═════════

Option One Builders Limited

Company Registration Number: 03747883

BALANCE SHEET

as at 30 April 2025

		2025	2024
	Notes	£	£

Fixed Assets

Tangible assets

41,135

25,734

─────────

Current Assets

Debtors

95,015

44,473

Cash at bank and in hand

4,488

36,944

─────────

99,503

81,417

─────────

Creditors: amounts falling due within one year

(101,565)

(77,722)

─────────

Net Current (Liabilities)/Assets

(2,062)

3,695

─────────

Total Assets less Current Liabilities

39,073

29,429

Creditors:

amounts falling due after more than one year

(10,833)

(7,500)

Provisions for liabilities

(9,049)

(6,433)

─────────

Net Assets

19,191

15,496

═════════

Capital and Reserves

Called up share capital

Retained earnings

19,189

15,494

─────────

Shareholders' Funds

19,191

15,496

═════════

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

For the financial year ended 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Board and authorised for issue on 13 January 2026 and signed on its behalf by



________________________________			________________________________
Peter Dunn			Jason Legeckis
Director			Director

Option One Builders Limited

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 30 April 2025

General Information

Option One Builders Limited is a company limited by shares incorporated and registered in England. The registered number of the company is 03747883. The registered office of the company is Cranleigh, 36 Brampton Road, Maybank, Newcastle-Under-Lyme, Staffordshire, ST5 0RF, United Kingdom which is also the principal place of business of the company. Is that of building services to commercial and domestic customers. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 30 April 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Turnover

Turnover comprises the invoice value of goods and services supplied by the company, exclusive of trade discounts and value added tax in relation to building activities.

Tangible assets and depreciation

Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:

Plant and machinery

20% reducing balance

Fixtures, fittings and equipment

20% reducing balance

Motor vehicles

25% reducing balance

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Work in progress

Work in progress is reflected in the accounts at the expected revenue due for work carried out during the period that has not yet been invoiced.

Borrowing costs

Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.

Provisions

Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.

Employee benefits

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.

Employees

The average monthly number of employees, including directors, during the financial year was 2, (2024 - 2).

2025

2024

Number

Number

Employees

═════════


4.	Tangible assets
		Plant and	Fixtures,	Motor	Total
		machinery	fittings and	vehicles
			equipment
		£	£	£	£
	Cost
	At 1 May 2024	52,075	3,826	32,417	88,318
	Additions	26,325	-	-	26,325
		─────────	─────────	─────────	─────────
	At 30 April 2025	78,400	3,826	32,417	114,643
		─────────	─────────	─────────	─────────
	Depreciation
	At 1 May 2024	36,790	3,610	22,184	62,584
	Charge for the financial year	8,321	44	2,559	10,924
		─────────	─────────	─────────	─────────
	At 30 April 2025	45,111	3,654	24,743	73,508
		─────────	─────────	─────────	─────────
	Net book value
	At 30 April 2025	33,289	172	7,674	41,135
		═════════	═════════	═════════	═════════
	At 30 April 2024	15,285	216	10,233	25,734
		═════════	═════════	═════════	═════════


5.	Debtors	2025	2024
		£	£

	Trade debtors	80,764	35,476
	Other debtors	14,251	8,997
		─────────	─────────
		95,015	44,473
		═════════	═════════


6.	Creditors	2025	2024
	Amounts falling due within one year	£	£

	Bank loan	5,000	5,000
	Net obligations under finance leases
	and hire purchase contracts	5,000	-
	Trade creditors	7,116	3,435
	Taxation	28,375	32,476
	Other creditors	56,074	36,811
		─────────	─────────
		101,565	77,722
		═════════	═════════


7.	Creditors	2025	2024
	Amounts falling due after more than one year	£	£

	Bank loan	2,500	7,500
	Finance leases and hire purchase contracts	8,333	-
		─────────	─────────
		10,833	7,500
		═════════	═════════

	Loans
	Repayable in one year or less, or on demand (Note 6)	5,000	5,000
	Repayable between one and two years	2,500	5,000
	Repayable between two and five years	-	2,500
		─────────	─────────
		7,500	12,500
		═════════	═════════


	Net obligations under finance leases
	and hire purchase contracts
	Repayable within one year	5,000	-
	Repayable between one and five years	8,333	-
		─────────	─────────
		13,333	-
		═════════	═════════

Provisions for liabilities

The amounts provided for deferred taxation are analysed below:

Capital

Total

Total

allowances

2025

2024

At financial year start

6,433

6,433

3,266

Charged to profit and loss

2,616

2,616

3,167

─────────

At financial year end

9,049

6,433

═════════