William Powell & Sons (Builders) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00447372 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

William Powell & Sons (Builders) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Director:

P P Quarrell

Registered office:

Chapel Road

Rotherwas Industrial Estate

Rotherwas

Hereford

Herefordshire

HR2 6LD

Registered number:

00447372 (England and Wales)

Accountants:

Acre Accountancy Limited

Unit 2 Foley Works

Foley Trading Estate

Hereford

Herefordshire

HR1 2SF

FIXED ASSETS

Tangible assets

4

128,000

158,905

CURRENT ASSETS

Stocks

196,336

71,441

Debtors

5

109,352

123,524

Cash at bank and in hand

47,156

114,080

352,844

309,045

CREDITORS

Amounts falling due within one year

6

(266,836

)

(249,383

)

NET CURRENT ASSETS

86,008

59,662

TOTAL ASSETS LESS CURRENT
LIABILITIES

214,008

218,567

CREDITORS

Amounts falling due after more than one
year

7

(33,140

)

(48,666

)

PROVISIONS FOR LIABILITIES

(20,841

)

(26,117

)

NET ASSETS

160,027

143,784

CAPITAL AND RESERVES

Called up share capital

9

15,218

Share premium

104,323

Capital redemption reserve

10,492

Retained earnings

29,994

13,751

SHAREHOLDERS' FUNDS

160,027

143,784

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 May 2026 and were signed by:

P P Quarrell - Director

1.	STATUTORY INFORMATION

William Powell & Sons (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.

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.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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.

Financial instruments

Financial instruments are classified and accounted for according to the substance of the contractual arrangement. They are classified as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2024 - 23 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

Cost

At 1 January 2025

222,386

49,637

253,907

525,930

Additions

3,020

1,550

-

4,570

At 31 December 2025

225,406

51,187

253,907

530,500

Depreciation

At 1 January 2025

186,395

39,255

141,375

367,025

Charge for year

5,701

1,642

28,132

35,475

At 31 December 2025

192,096

40,897

169,507

402,500

Net book value

At 31 December 2025

33,310

10,290

84,400

128,000

At 31 December 2024

35,991

10,382

112,532

158,905

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

73,355

91,606

Other debtors

35,997

31,918

109,352

123,524

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

5,362

10,352

Hire purchase contracts

10,164

Trade creditors

152,280

99,211

Amounts owed to group undertakings

2,500

-

Taxation and social security

78,802

91,170

Other creditors

17,728

38,486

266,836

249,383

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans

-

5,362

Hire purchase contracts

33,140

43,304

33,140

48,666

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Bank loans

5,362

15,714

Hire purchase contracts

43,304

53,468

48,666

69,182

The company bankers hold a fixed charge over all book and other debts of the company.

Hire purchase contracts are secured against the relevant assets.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number

Class

Nominal value

2025

2024

£

7,762

"A" Ordinary

£1

7,762

5,056

"B" Ordinary

£1

5,056

300

"C" Ordinary

£1

300

2,100

"D" Ordinary

£1

2,100

15,218