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REGISTERED NUMBER: 01785431 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025 |

| FOR |

| PETER SMITH & SONS (BUILDERS) LIMITED |

PETER SMITH & SONS (BUILDERS) LIMITED (REGISTERED NUMBER: 01785431) |

CONTENTS OF THE FINANCIAL STATEMENTS

for the Year Ended 31 May 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| PETER SMITH & SONS (BUILDERS) LIMITED |

COMPANY INFORMATION

for the Year Ended 31 May 2025

| DIRECTORS: | Steven Smith

| Shaun Smith

| REGISTERED OFFICE: | 25 Vainor Road

| Sheffield

| S6 4AP

| REGISTERED NUMBER: | 01785431 (England and Wales)

| ACCOUNTANTS: | Hodgson & Oldfield

| Aizlewood's Mill

| Nursery Street

| Sheffield

| S3 8GG

PETER SMITH & SONS (BUILDERS) LIMITED (REGISTERED NUMBER: 01785431) |

BALANCE SHEET

31 May 2025

| 31.5.25 | 31.5.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 4,491 |  | 5,536 |  |

Investment property | 5 | 345,000 |  | 335,000 |  |

349,491 |  | 340,536 |  |

CURRENT ASSETS

Stocks | 2,300 |  | 800 |  |

Debtors | 6 | 2,771 |  | 2,049 |  |

Cash at bank | 8,705 |  | 17,972 |  |

13,776 |  | 20,821 |  |

CREDITORS

Amounts falling due within one year | 7 | 108,108 |  | 110,146 |  |

NET CURRENT LIABILITIES | (94,332 | ) | (89,325 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 255,159 |  | 251,211 |  |

PROVISIONS FOR LIABILITIES | 45,081 |  | 44,291 |  |

NET ASSETS | 210,078 |  | 206,920 |  |

CAPITAL AND RESERVES

Called up share capital | 6,500 |  | 6,500 |  |

Fair value reserve | 8 | 229,152 |  | 219,942 |  |

Retained earnings | (25,574 | ) | (19,522 | ) |

SHAREHOLDERS' FUNDS | 210,078 |  | 206,920 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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.

PETER SMITH & SONS (BUILDERS) LIMITED (REGISTERED NUMBER: 01785431) |

BALANCE SHEET - continued

31 May 2025

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 April 2026 and were signed on its behalf by:

Steven Smith - Director

PETER SMITH & SONS (BUILDERS) LIMITED (REGISTERED NUMBER: 01785431) |

NOTES TO THE FINANCIAL STATEMENTS

for the Year Ended 31 May 2025

1. | STATUTORY INFORMATION

| Peter Smith & Sons (Builders) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| The presentation currency of the financial statements is the Pound Sterling (£).

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

| Turnover

| Turnover represents net invoiced sales of goods and services, excluding value added tax. Turnover is recognised when the right to title of goods has passed to the customer or work is complete.

| Non refundable deposits and invoiced stage payments are included in turnover.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Plant and machinery etc | - | 25% on reducing balance and 10% on reducing balance

| Investment property

| In accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 " The Financial Reporting Standard applicable in the UK and Republic of Ireland " investment properties are revalued annually and the aggregate surplus or deficit after taxation is transferred to a fair value reserve. The Directors consider that this accounting policy results in the financial statements giving a true and fair view. Depreciation is only one of the many factors reflected in the annual valuation and the amount which might otherwise been shown cannot be separately identified or quantified.

| Stocks

| Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

PETER SMITH & SONS (BUILDERS) LIMITED (REGISTERED NUMBER: 01785431) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 May 2025

2. | ACCOUNTING POLICIES - continued

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2024 - 2 ) .

PETER SMITH & SONS (BUILDERS) LIMITED (REGISTERED NUMBER: 01785431) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 May 2025

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 June 2024 | 36,789 |  |

| Disposals | (5,195 | ) |

| At 31 May 2025 | 31,594 |  |

| DEPRECIATION

| At 1 June 2024 | 31,253 |  |

| Charge for year | 976 |  |

| Eliminated on disposal | (5,126 | ) |

| At 31 May 2025 | 27,103 |  |

| NET BOOK VALUE

| At 31 May 2025 | 4,491 |  |

| At 31 May 2024 | 5,536 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 June 2024 | 335,000 |  |

| Revaluations | 10,000 |  |

| At 31 May 2025 | 345,000 |  |

| NET BOOK VALUE

| At 31 May 2025 | 345,000 |  |

| At 31 May 2024 | 335,000 |  |

| Fair value at 31 May 2025 is represented by:

£ |

| Valuation in 2021 | 199,233 |  |

| Valuation in 2022 | 60,000 |  |

| Valuation in 2024 | 5,000 |  |

| Valuation in 2025 | 10,000 |  |

| Cost | 70,767 |  |

345,000 |  |

PETER SMITH & SONS (BUILDERS) LIMITED (REGISTERED NUMBER: 01785431) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 May 2025

5. | INVESTMENT PROPERTY - continued

| If the investment properties had not been revalued they would have been included at the following historical cost:

| 31.5.25 |  | 31.5.24

£ | £ |

| Cost | 70,767 |  | 70,767 |  |

| The investment properties were valued on an open market basis on 31 May 2025 by S Smith, director .

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.5.25 |  | 31.5.24

£ | £ |

| Other debtors | 2,771 |  | 2,049 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.5.25 |  | 31.5.24

£ | £ |

| Trade creditors | 7,688 |  | 799 |  |

| Taxation and social security | - |  | 5,968 |  |

| Other creditors | 100,420 |  | 103,379 |  |

108,108 |  | 110,146 |  |

8. | RESERVES

| Fair

| value

| reserve

£ |

| At 1 June 2024 | 219,942 |  |

| Surplus on revaluation | 9,210 |  |

| At 31 May 2025 | 229,152 |  |

9. | ULTIMATE CONTROLLING PARTY

| The company is controlled by the directors.