REGISTERED NUMBER: 10268388 (England and Wales)

SR-2 CONSTRUCTION LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JULY 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J Reardon

Mrs C Reardon

REGISTERED OFFICE:

King Arthurs Court

Maidstone Road

Charing

Ashford

Kent

TN27 0JS

REGISTERED NUMBER:

10268388 (England and Wales)

ACCOUNTANTS:

Spurling Cannon

King Arthur's Court

Maidstone Road

Charing

Kent

TN27 0JS

FIXED ASSETS

Tangible assets

4

2,445

2,340

CURRENT ASSETS

Stocks

50,000

50,000

Debtors

5

237,350

203,437

Cash at bank

15,780

86,000

303,130

339,437

CREDITORS

Amounts falling due within one year

6

(478,721

)

(309,404

)

NET CURRENT (LIABILITIES)/ASSETS

(175,591

)

30,033

TOTAL ASSETS LESS CURRENT LIABILITIES

(173,146

)

32,373

CREDITORS

Amounts falling due after more than one year

7

(23,527

)

(25,429

)

NET (LIABILITIES)/ASSETS

(196,673

)

6,944

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(196,773

)

6,844

(196,673

)

6,944

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 July 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 31 January 2026 and were signed on its behalf by:

Mr J Reardon - Director

1.	STATUTORY INFORMATION

SR-2 Construction Ltd 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.

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.

Tangible fixed assets

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

Fixture & Fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

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.

Taxation

Taxation for the year comprises current 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 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.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixture &

Motor

Computer

Fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 31 July 2024

-

8,775

3,622

12,397

Additions

1,024

-

-

1,024

At 30 July 2025

1,024

8,775

3,622

13,421

DEPRECIATION

At 31 July 2024

-

6,539

3,518

10,057

Charge for year

256

559

104

919

At 30 July 2025

256

7,098

3,622

10,976

NET BOOK VALUE

At 30 July 2025

768

1,677

-

2,445

At 30 July 2024

-

2,236

104

2,340

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

3,712

35,025

Amounts owed by group undertakings

54,900

-

Sundry debtors

126,001

136,990

Directors' current accounts

48,291

23,495

VAT

4,446

7,927

237,350

203,437

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

47,743

30,138

Other loans

344,572

208,815

Corporation Tax

44,013

43,054

Social security and other taxes

42,393

27,397

478,721

309,404

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

23,527

25,429