Cleveland Build Limited 09270868 false 2024-11-01 2025-10-31 2025-10-31 The principal activity of the company is that of a building company. Digita Accounts Production Advanced 6.30.9574.0 true 09270868 2024-11-01 2025-10-31 09270868 2025-10-31 09270868 core:CurrentFinancialInstruments 2025-10-31 09270868 core:CurrentFinancialInstruments core:WithinOneYear 2025-10-31 09270868 core:Non-currentFinancialInstruments 2025-10-31 09270868 core:Non-currentFinancialInstruments core:AfterOneYear 2025-10-31 09270868 core:Goodwill 2025-10-31 09270868 core:FurnitureFittingsToolsEquipment 2025-10-31 09270868 core:MotorVehicles 2025-10-31 09270868 core:OtherPropertyPlantEquipment 2025-10-31 09270868 bus:SmallEntities 2024-11-01 2025-10-31 09270868 bus:AuditExemptWithAccountantsReport 2024-11-01 2025-10-31 09270868 bus:FilletedAccounts 2024-11-01 2025-10-31 09270868 bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 09270868 bus:RegisteredOffice 2024-11-01 2025-10-31 09270868 bus:Director1 2024-11-01 2025-10-31 09270868 bus:Director2 2024-11-01 2025-10-31 09270868 bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 09270868 bus:Agent1 2024-11-01 2025-10-31 09270868 core:Goodwill 2024-11-01 2025-10-31 09270868 core:FurnitureFittings 2024-11-01 2025-10-31 09270868 core:FurnitureFittingsToolsEquipment 2024-11-01 2025-10-31 09270868 core:MotorVehicles 2024-11-01 2025-10-31 09270868 core:OtherPropertyPlantEquipment 2024-11-01 2025-10-31 09270868 core:PlantMachinery 2024-11-01 2025-10-31 09270868 countries:England 2024-11-01 2025-10-31 09270868 2024-10-31 09270868 core:Goodwill 2024-10-31 09270868 core:FurnitureFittingsToolsEquipment 2024-10-31 09270868 core:MotorVehicles 2024-10-31 09270868 core:OtherPropertyPlantEquipment 2024-10-31 09270868 2023-11-01 2024-10-31 09270868 2024-10-31 09270868 core:CurrentFinancialInstruments 2024-10-31 09270868 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-31 09270868 core:Non-currentFinancialInstruments 2024-10-31 09270868 core:Non-currentFinancialInstruments core:AfterOneYear 2024-10-31 09270868 core:FurnitureFittingsToolsEquipment 2024-10-31 09270868 core:MotorVehicles 2024-10-31 09270868 core:OtherPropertyPlantEquipment 2024-10-31 iso4217:GBP xbrli:pure

Registration number: 09270868

Cleveland Build Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 October 2025

Cleveland Build Limited

Contents

Company Information | 1
Profit and Loss Account and Statement of Retained Earnings | 2
Balance Sheet | 3 to 4
Notes to the Unaudited Financial Statements | 5 to 11

Cleveland Build Limited

Company Information

Directors | Mr L Sutterby Mr M Stafford

Registered office | 67 West Street West Butterwick Scunthorpe North Lincolnshire DN17 3JZ

Accountants | Brodericks GBC Chartered Certified Accountants35 Thorne Road Doncaster South Yorkshire DN1 2HD

Cleveland Build Limited

Profit and Loss Account and Statement of Retained Earnings for the Year Ended 31 October 2025

| Note | 2025 £ | 2024 £
Turnover |  | 161,218 | 298,575
Cost of sales |  | (99,927) | (128,001)
Gross profit |  | 61,291 | 170,574
Administrative expenses |  | (17,773) | (18,102)
Other operating income |  | 2,000 | -
Operating profit |  | 45,518 | 152,472
Other interest receivable and similar income |  | 82 | 776
Interest payable and similar charges |  | (6,578) | (594)
|  | (6,496) | 182
Profit before tax |  | 39,022 | 152,654
Taxation |  | (8,210) | (37,417)
Profit for the financial year |  | 30,812 | 115,237
Retained earnings brought forward |  | 164,812 | 182,575
Dividends paid |  | (74,000) | (133,000)
Retained earnings carried forward |  | 121,624 | 164,812

Cleveland Build Limited

(Registration number: 09270868)
Balance Sheet as at 31 October 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 5 | 2,783 | 3,354
Current assets |  |  |
Stocks | 6 | 288,210 | 192,976
Debtors | 7 | 1,062 | 27,672
Cash at bank and in hand |  | 3,003 | 28,502
|  | 292,275 | 249,150
Creditors: Amounts falling due within one year | 8 | (173,414) | (79,620)
Net current assets |  | 118,861 | 169,530
Total assets less current liabilities |  | 121,644 | 172,884
Creditors: Amounts falling due after more than one year | 8 | - | (8,052)
Net assets |  | 121,644 | 164,832
Capital and reserves |  |  |
Called up share capital |  | 20 | 20
Retained earnings |  | 121,624 | 164,812
Shareholders' funds |  | 121,644 | 164,832

For the financial year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 30 March 2026 and signed on its behalf by:

Cleveland Build Limited

(Registration number: 09270868)
Balance Sheet as at 31 October 2025

......................................... Mr L Sutterby Director
......................................... Mr M Stafford Director

Cleveland Build Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

1 | General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
67 West Street
West Butterwick
Scunthorpe
North Lincolnshire
DN17 3JZ

These financial statements were authorised for issue by the Board on 30 March 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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

Cleveland Build Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and machinery | 15% reducing balance
Furniture and fittings | 15% reducing balance
Motor vehicles | 25% reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Positive goodwill | 10% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Cleveland Build Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Cleveland Build Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

Cleveland Build Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

4 | Intangible assets

| Goodwill £ | Total £
Cost or valuation
At 1 November 2024 | 20,000 | 20,000
At 31 October 2025 | 20,000 | 20,000
Amortisation
At 1 November 2024 | 20,000 | 20,000
At 31 October 2025 | 20,000 | 20,000
Carrying amount
At 31 October 2025 | - | -

5 | Tangible assets

| Furniture, fittings and equipment £ | Motor vehicles £ | Other tangible assets £ | Total £
Cost or valuation
At 1 November 2024 | 877 | 16,035 | 11,964 | 28,876
Disposals | - | (9,695) | - | (9,695)
At 31 October 2025 | 877 | 6,340 | 11,964 | 19,181
Depreciation
At 1 November 2024 | 663 | 15,398 | 9,461 | 25,522
Charge for the year | 32 | 159 | 377 | 568
Eliminated on disposal | - | (9,692) | - | (9,692)
At 31 October 2025 | 695 | 5,865 | 9,838 | 16,398
Carrying amount
At 31 October 2025 | 182 | 475 | 2,126 | 2,783
At 31 October 2024 | 214 | 637 | 2,503 | 3,354

Cleveland Build Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

6 | Stocks

| 2025 £ | 2024 £
Work in progress | 110,899 | 15,665
Other inventories | 177,311 | 177,311
| 288,210 | 192,976

7 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 1,062 | 27,672
| 1,062 | 27,672

Cleveland Build Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

8 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 9 | 107,910 | 10,168
Trade creditors |  | 7,001 | 4,331
Taxation and social security |  | 46,470 | 51,691
Accruals and deferred income |  | 790 | 750
Other creditors |  | 11,243 | 12,680
|  | 173,414 | 79,620

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 9 | - | 8,052

9 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | - | 8,052

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 107,910 | 10,168