Now Construction Limited iXBRL

Company Registration Number: 13564890

Now Construction Limited

Directors' Report and Unaudited Financial Statements

for the financial year ended 31 August 2025

Now Construction Limited

DIRECTORS AND OTHER INFORMATION


Directors	Jason Wellard
	Simon Webb
	Adam Clarry
	Christopher Evans
	Nicholas Anderson


Company Registration Number	13564890


Registered Office	5 West Court
	Enterprise Road
	Maidstone
	Kent
	ME15 6JD


Business Address	Maidstone Innovation Centre
	Gidds Pond Way
	Maidstone
	Kent
	ME14 5FY


Accountants	Henry Reeves & Co Limited
	Chartered Certified Accountants
	5 West Court
	Enterprise Road
	Maidstone
	Kent
	ME15 6JD

Now Construction Limited

DIRECTORS' REPORT

for the financial year ended 31 August 2025

The directors present their report and the unaudited financial statements for the financial year ended 31 August 2025.

Directors

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

Jason Wellard

Simon Webb

Adam Clarry

Christopher Evans

Nicholas Anderson

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

___________________________

Jason Wellard

Director

12 November 2025

Now Construction Limited

CHARTERED CERTIFIED ACCOUNTANTS REPORT

to the directors on the preparation of the unaudited statutory accounts of Now Construction Limited

for the financial year ended 31 August 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Now Construction Limited for the financial year ended 31 August 2025 which comprise the Income Statement, the Statement of Financial Position and the related notes thereto from the company's accounting records and from information and explanations you have given to us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at

<http://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html>

This report is made solely to the Board of Directors of Now Construction Limited, as a body, in accordance with the terms of our engagement letter . Our work has been undertaken solely to prepare for your approval the accounts of Now Construction Limited and state those matters that we have agreed to state to the Board of Directors of Now Construction Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at:

<http://www.accaglobal.com/ie/en/technical-activities/technical-resources-search/2009/october/factsheet-163-audit-exempt-companies.html>

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Now Construction Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Now Construction Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Now Construction Limited. You consider that Now Construction Limited is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the accounts of Now Construction Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

__________________________________

HENRY REEVES & CO LIMITED

Chartered Certified Accountants

5 West Court

Enterprise Road

Maidstone

Kent

ME15 6JD

13 November 2025

Now Construction Limited

INCOME STATEMENT

for the financial year ended 31 August 2025

	2025	2024
Notes	£	£

Turnover	27,090,512	15,078,054

Cost of sales	(24,523,246)	(13,285,013)
	─────────	─────────
Gross profit	2,567,266	1,793,041

Administrative expenses	(1,745,781)	(1,195,846)
	─────────	─────────
Operating profit	821,485	597,195

Interest payable and similar expenses	-	(220)
	─────────	─────────
Profit before taxation	821,485	596,975

Tax on profit	(227,738)	(156,862)
	─────────	─────────
Profit for the financial year	593,747	440,113
	─────────	─────────
Total comprehensive income	593,747	440,113
	═════════	═════════

Now Construction Limited

Company Registration Number: 13564890

STATEMENT OF FINANCIAL POSITION

as at 31 August 2025

		2025	2024
	Notes	£	£

Non-Current Assets

Property, plant and equipment

56,784

34,787

─────────

Current Assets

Stocks

50,366

Debtors

8,238,795

2,472,175

Cash and cash equivalents

3,653,641

2,253,861

─────────

11,892,436

4,776,402

─────────

Creditors: amounts falling due within one year

(10,611,116)

(4,069,831)

─────────

Net Current Assets

1,281,320

706,571

─────────

Total Assets less Current Liabilities

1,338,104

741,358

Provisions for liabilities

(14,196)

(8,697)

─────────

Net Assets

1,323,908

732,661

═════════

Capital and Reserves

Called up share capital

Retained earnings

1,323,818

732,571

─────────

Shareholders' Funds

1,323,908

732,661

═════════

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 31 August 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 12 November 2025 and signed on its behalf by



________________________________
Jason Wellard
Director

Now Construction Limited

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 August 2025

General Information

Now Construction Limited is a company limited by shares incorporated and registered in the United Kingdom. The registered number of the company is 13564890. The registered office of the company is 5 West Court, Enterprise Road, Maidstone, Kent, ME15 6JD. 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 31 August 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.

Turnover

Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Property, plant and equipment and depreciation

Property, plant and equipment 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 property, plant and equipment, less their estimated residual value, over their expected useful lives as follows:

Fixtures, fittings and equipment

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.

Stocks

Stocks are valued at the lower of cost and net realisable value. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.

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.

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 Statement of Financial Position 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 Statement of Financial Position date.

Financial Instruments

The company only enters in to basic financial instrument transactions that result in the recognition of financial assets and liabilities, such as trade and other debtors and creditors, and loans from third parties.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

Employees

The average monthly number of employees, including directors, during the financial year was 30, (2024 - 18).


4.	Property, plant and equipment
		Fixtures,	Total
		fittings and
		equipment
		£	£
	Cost
	At 1 September 2024	45,752	45,752
	Additions	34,560	34,560
		─────────	─────────
	At 31 August 2025	80,312	80,312
		─────────	─────────
	Depreciation
	At 1 September 2024	10,965	10,965
	Charge for the financial year	12,563	12,563
		─────────	─────────
	At 31 August 2025	23,528	23,528
		─────────	─────────
	Net book value
	At 31 August 2025	56,784	56,784
		═════════	═════════
	At 31 August 2024	34,787	34,787
		═════════	═════════


5.	Stocks	2025	2024
		£	£

	Work in progress	-	50,366
		═════════	═════════


6.	Debtors	2025	2024
		£	£

	Trade debtors	8,195,802	2,442,885
	Other debtors	5,000	-
	Directors' current accounts	10,952	-
	Called up share capital not paid	90	90
	Prepayments and accrued income	26,951	29,200
		─────────	─────────
		8,238,795	2,472,175
		═════════	═════════


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

	Trade creditors	4,905,737	1,995,898
	Amounts owed to connected parties (Note 10)	12,394	24,790
	Taxation	1,739,707	917,700
	Other creditors	1,092	1,096
	Accruals	3,952,186	1,130,347
		─────────	─────────
		10,611,116	4,069,831
		═════════	═════════

Provisions for liabilities

The amounts provided for deferred taxation are analysed below:

Capital

Total

Total

allowances

2025

2024

At financial year start

8,697

8,697

2,258

Charged to profit and loss

5,499

5,499

6,439

─────────

At financial year end

14,196

8,697

═════════

Capital commitments

The company had no material capital commitments at the financial year-ended 31 August 2025.

10.

Related party transactions

The following amounts are due to other connected parties:

2025

2024

Now Construction Group Limited

12,394

24,790

═════════

The company has received a loan from Now Construction Group Limited, a company in which the directors have an interest.