Building and Workplace Solutions Limited

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2—4

1. General Information

Building and Workplace Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04407333 . The registered office is Albany House, Claremont Lane, Esher, Surrey, KT10 9FQ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

Presentational Currency

The accounts are presented in and rounded to the nearest £1 sterling.

2.2. Turnover

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

the amount of revenue can be measured reliably;

it is probable that the Company will receive the consideration due under the contract;

the stage of completion of the contract at the end of the reporting period can be measured reliably; and

the costs incurred and the costs to complete the contract can be measured reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

20%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of Income and Retained Earnings.

2.4. Leasing and Hire Purchase Contracts

Rentals paid under operating leases are charged to the Statement of Income and Retained Earnings on a straight line basis over the lease term.

2.5. Financial Instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non- puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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Building and Workplace Solutions Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

2.6. Taxation

Tax is recognised in the Statement of Income and Retained Earnings, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

2.7. Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in the Statement of Income and Retained Earnings when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

2.8. Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.9. Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.10. Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2024: 6)

4. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 May 2024	11,183
Additions	7,659
Disposals	(3,100 )

As at 30 April 2025	15,742

Depreciation
As at 1 May 2024	6,806
Provided during the period	2,320
Disposals	(2,867 )

As at 30 April 2025	6,259

Net Book Value
As at 30 April 2025	9,483

As at 1 May 2024	4,377

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Building and Workplace Solutions Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	83,955	72,555
Prepayments and accrued income	109,745	43,675
Other debtors	2,975	2,975

	196,675	119,205

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	33,848	6,970
Taxation and social security	75,220	62,380

	109,068	69,350

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

8. Other Commitments

At 30 April 2025 the company had the following future minimum lease payments under non- cancellable operating leases for each of the following periods:

	2025	2024
	£	£
Not later than one year	469	15,637
Later than one year and not later than five years	-	469

	469	16,106

9. Related Party Transactions

At the year-end, the company owed the directors £25,929.22 (2024: £1149). The balance relates to funds advanced by the directors to the company. The loan is interest-free, unsecured, and repayable on demand. No guarantees have been given or received in respect of these balances.

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		9,483		4,377

			9,483		4,377
CURRENT ASSETS
Debtors	5	196,675		119,205
Cash at bank and in hand		424,058		446,427

		620,733		565,632
Creditors: Amounts Falling Due Within One Year	6	(109,068 )		(69,350 )

NET CURRENT ASSETS (LIABILITIES)			511,665		496,282

TOTAL ASSETS LESS CURRENT LIABILITIES			521,148		500,659

NET ASSETS			521,148		500,659

CAPITAL AND RESERVES
Called up share capital	7		100		100
Income Statement			521,048		500,559

SHAREHOLDERS' FUNDS			521,148		500,659