REGISTERED NUMBER: 06191835 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

Challis Builders Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr L Challis

Mr G Challis

Mr R Preston

Mr E C Challis

SECRETARY:

Mr L Challis

REGISTERED OFFICE:

First Floor

Isabella House

12 Union Court

Richmond

TW9 1AA

REGISTERED NUMBER:

06191835 (England and Wales)

ACCOUNTANTS:

Cooper Dawn Jerrom Limited

Chartered Accountants

First Floor

Isabella House

12 Union Court

Richmond

TW9 1AA

FIXED ASSETS

Tangible assets

4

20,188

27,313

CURRENT ASSETS

Debtors

5

51,743

121,384

CREDITORS

Amounts falling due within one year

6

347,521

323,712

NET CURRENT LIABILITIES

(295,778

)

(202,328

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(275,590

)

(175,015

)

CREDITORS

Amounts falling due after more than one year

7

32,576

41,102

NET LIABILITIES

(308,166

)

(216,117

)

CAPITAL AND RESERVES

Called up share capital

99

99

Retained earnings

8

(308,265

)

(216,216

)

SHAREHOLDERS' FUNDS

(308,166

)

(216,117

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 May 2026 and were signed on its behalf by:

Mr R Preston - Director

1.	STATUTORY INFORMATION

Challis 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.

The accounts have been prepared on a going concern basis, since in the opinion of the director, it is appropriate to assume that the company will receive the continued support of the related companies for a period in excess of twelve months from the date of approval of these financial statements.

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.

Motor vehicles

-

25% on cost

Computer equipment

-

33% on cost

Going concern

The company is dependant for its ability to continue as a going concern on the continuing support of its director .The director is confident that the business condition will improve and consider that it is appropriate for the financial statements to be prepared on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

78,874

405

79,279

DEPRECIATION

At 1 April 2024

51,561

405

51,966

Charge for year

7,125

-

7,125

At 31 March 2025

58,686

405

59,091

NET BOOK VALUE

At 31 March 2025

20,188

-

20,188

At 31 March 2024

27,313

-

27,313

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

51,743

116,465

VAT

-

4,919

51,743

121,384

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

12,510

16,484

Hire purchase contracts

7,125

7,125

VAT

12,275

-

Other creditors

-

11,500

Directors' loan accounts

306,061

283,983

Accrued expenses

9,550

4,620

347,521

323,712

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - 2-5 years

19,513

20,914

Hire purchase contracts

13,063

20,188

32,576

41,102

8.

RESERVES

Retained

earnings

£

At 1 April 2024

(216,216

)

Deficit for the year

(92,049

)

At 31 March 2025

(308,265

)

9.	RELATED PARTY DISCLOSURES

During the year, the Director's loan account amounts to £306,061 (2024- £283,982).

10.	ULTIMATE CONTROLLING PARTY

The controlling party is the shareholders.