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Company Registration No. 11900925 (England and Wales)
SPD BUILDS LIMITED Unaudited accounts for the year ended 31 March 2025
SPD BUILDS LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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SPD BUILDS LIMITED Company Information for the year ended 31 March 2025
Director
Mr S Duggan
Company Number
11900925 (England and Wales)
Registered Office
2a.Cavendish House Brighton Road Waterloo Liverpool L22 5NG
Accountants
SJH Accountancy Services 6 Moorbridge Close Bootle Liverpool L30 7RL
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SPD BUILDS LIMITED Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
10,875
3,867
Current assets
Debtors
5
112,830
112,076
Cash at bank and in hand
23,857
60,649
136,687
172,725
Creditors: amounts falling due within one year
6
(85,131)
(126,391)
Net current assets
51,556
46,334
Total assets less current liabilities
62,431
50,201
Creditors: amounts falling due after more than one year
7
(61,379)
(50,000)
Net assets
1,052
201
Capital and reserves
Called up share capital
99
99
Profit and loss account
953
102
Shareholders' funds
1,052
201
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 March 2026 and were signed on its behalf by
Mr S Duggan Director Company Registration No. 11900925
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SPD BUILDS LIMITED Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
SPD BUILDS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11900925. The registered office is 2a.Cavendish House, Brighton Road, Waterloo , Liverpool, L22 5NG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Motor vehicles
£
Cost or valuation
At cost
At 1 April 2024
9,167
Additions
14,500
Disposals
(9,167)
At 31 March 2025
14,500
Depreciation
At 1 April 2024
5,300
Charge for the year
3,625
On disposals
(5,300)
At 31 March 2025
3,625
Net book value
At 31 March 2025
10,875
At 31 March 2024
3,867
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SPD BUILDS LIMITED Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
109,048
102,601
Other debtors
3,782
9,475
112,830
112,076
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
34,688
35,641
Obligations under finance leases and hire purchase contracts
-
9,312
Trade creditors
-
17,738
Taxes and social security
10,306
21,005
Loans from directors
40,137
42,695
85,131
126,391
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
61,379
50,000
8
Average number of employees
During the year the average number of employees was 1 (2024: 3).
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