REGISTERED NUMBER: 12315332 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

SB CONSTRUCTION (DESIGN & BUILD) LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

18,536

11,331

CURRENT ASSETS

Debtors

5

1,786,950

1,252,426

Cash at bank

2,518,605

1,197,533

4,305,555

2,449,959

CREDITORS

Amounts falling due within one year

6

2,951,429

1,636,656

NET CURRENT ASSETS

1,354,126

813,303

TOTAL ASSETS LESS CURRENT LIABILITIES

1,372,662

824,634

CREDITORS

Amounts falling due after more than one year

7

-

(8,545

)

PROVISIONS FOR LIABILITIES

9

(4,600

)

(2,800

)

NET ASSETS

1,368,062

813,289

CAPITAL AND RESERVES

Called up share capital

1,100

1,100

Retained earnings

1,366,962

812,189

1,368,062

813,289

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 April 2026 and were signed on its behalf by:

S J Appleford - Director

1.	STATUTORY INFORMATION

SB Construction (Design & Build) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

12315332

Registered office:

15 West Street

Brighton

East Sussex

BN1 2RL

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents the sale of construction services.

Tangible fixed assets

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

Computer equipment - 25% on straight line

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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

The average number of employees during the year was 11 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 December 2024

14,335

Additions

13,029

At 30 November 2025

27,364

DEPRECIATION

At 1 December 2024

3,004

Charge for year

5,824

At 30 November 2025

8,828

NET BOOK VALUE

At 30 November 2025

18,536

At 30 November 2024

11,331

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

892,303

460,771

Other debtors

127,123

54,839

Work in progress

321,606

458,959

Prepayments and accrued income

445,918

277,857

1,786,950

1,252,426

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

8,604

10,295

Trade creditors

1,029,083

914,315

Tax

435,219

42,386

Social security and other taxes

93,016

66,048

VAT

825,273

361,411

Other creditors

234,255

207,876

Directors' current accounts

1,117

507

Accruals and deferred income

324,862

33,818

2,951,429

1,636,656

The amounts due to the directors are interest free and repayable on demand.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

-

8,545

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

51,238

65,845

Between one and five years

25,451

51,138

76,689

116,983

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

4,600

2,800

Deferred

tax

£

Balance at 1 December 2024

2,800

Movement

1,800

Balance at 30 November 2025

4,600