SRL Building Services Ltd - Filleted accounts

Registered number

11487473

SRL Building Services Ltd

Filleted Accounts

31 July 2025

SRL Building Services Ltd
Registered number:		11487473
Balance Sheet
as at 31 July 2025

Notes			2025			2024
£			£	£		£
Fixed assets
Tangible assets	3		2,580			3,435

Current assets
Debtors	4	119,426			68,238
Cash at bank and in hand		3,361			39,763
		122,787			108,001

Creditors: amounts falling due within one year	5	(54,809)			(82,095)

Net current assets			67,978			25,906

Total assets less current liabilities			70,558			29,341

Creditors: amounts falling due after more than one year	6		(834)			(10,833)


Net assets			69,724			18,508

Capital and reserves
Called up share capital	7		1			1
Profit and loss account			69,723			18,507

Shareholder's funds			69,724			18,508

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




S Gair
Director
Approved by the board on 28 April 2026

SRL Building Services Ltd
Notes to the Accounts
for the year ended 31 July 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). The accounts are presented in Sterling which is the functional currency of the company and rounded to the nearest £.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Motor vehicles		25% reducing balance
	Plant and machinery		25% reducing balance and over 3 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees				2025		2024
Number						Number

	Average number of persons employed by the company				8		7


3	Tangible fixed assets
			Plant and machinery		Motor vehicles		Total
£				£		£
	Cost
	At 1 August 2024		4,294		16,500		20,794
	At 31 July 2025		4,294		16,500		20,794

	Depreciation
	At 1 August 2024		3,796		13,563		17,359
	Charge for the year		122		733		855
	At 31 July 2025		3,918		14,296		18,214

	Net book value
	At 31 July 2025		376		2,204		2,580
	At 31 July 2024		498		2,937		3,435


4	Debtors				2025		2024
£						£

	Trade debtors				104,900		59,038
	Other debtors				14,526		9,200
					119,426		68,238


5	Creditors: amounts falling due within one year				2025		2024
£						£

	Bank loans and overdrafts				10,000		10,000
	Trade creditors				2,197		8,873
	Taxation and social security costs				29,736		51,492
	Other creditors				12,876		11,730
					54,809		82,095


6	Creditors: amounts falling due after one year				2025		2024
£						£

	Bank loans				834		10,833


7	Share capital				2025		2024
£						£

	Allotted, called up and fully paid:
	Ordinary shares				1		1


8	Other information

	SRL Building Services Ltd is a private company limited by shares and incorporated in England and Wales. Its registered office is:

	1 Conyers Trading Estate
	Station Drive
	Lye
	West Midlands
	DY9 8ER

	Its registered number is:	11487473