REGISTERED NUMBER: 03419121 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

GUY MCCULLOUGH BUILDING SERVICES LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr G J McCullough

Mrs S N McCullough

SECRETARY:

Mrs S N McCullough

REGISTERED OFFICE:

The Office

54 The Gill

Ulverston

Cumbria

LA12 7BL

REGISTERED NUMBER:

03419121 (England and Wales)

BANKERS:

National Westminster Bank plc

113 Dalton Road

Barrow in Furness

Cumbria

LA14 1WY

FIXED ASSETS

Tangible assets

4

168,334

180,195

Investment property

5

105,000

105,000

273,334

285,195

CURRENT ASSETS

Stocks

17,000

17,000

Debtors

310,546

335,114

Cash at bank

160,602

174,840

488,148

526,954

CREDITORS

Amounts falling due within one year

220,904

283,819

NET CURRENT ASSETS

267,244

243,135

TOTAL ASSETS LESS CURRENT LIABILITIES

540,578

528,330

CREDITORS

Amounts falling due after more than one year

139,586

159,014

NET ASSETS

400,992

369,316

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

400,892

369,216

SHAREHOLDERS' FUNDS

400,992

369,316

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 August 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 Board of Directors and authorised for issue on 12 May 2026 and were signed on its behalf by:

Mr G J McCullough - Director

1.	STATUTORY INFORMATION

Guy McCullough Building Services 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.

Turnover

Turnover represents net invoiced sales of goods and services as adjusted for work in progress, excluding VAT.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Investment property

All of the company's investment properties are held for long-term investment and are included in the Balance Sheet at cost which is a departure from Financial Reporting Standard 102.

Depreciation is not provided in respect of investment properties which is a departure from Financial Reporting Standard 102 the Companies Act 2006. Depreciation if provided would not have been of a material nature.

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.

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 AND DIRECTORS

The average number of employees during the year was 11 (2024 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 September 2024

366,948

Additions

39,940

Disposals

(17,200

)

At 31 August 2025

389,688

DEPRECIATION

At 1 September 2024

186,753

Charge for year

48,191

Eliminated on disposal

(13,590

)

At 31 August 2025

221,354

NET BOOK VALUE

At 31 August 2025

168,334

At 31 August 2024

180,195

The net book value of tangible fixed assets includes £140,497 (2024: £141,908) in respect of assets held under hire purchase agreements. The amount of depreciation in respect of such assets amounted to £40,661 (2024: £39,588) for the financial year.

5.	INVESTMENT PROPERTY

All of the company's investment properties are held for long-term investment and are included in the Balance Sheet at cost which is a departure from Financial Reporting Standard 102.

Depreciation is not provided in respect of investment properties which is a departure from Financial Reporting Standard 102 the Companies Act 2006. Depreciation if provided would not have been of a material nature.

6.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

31.8.25

31.8.24

£

£

Net obligations repayable:

Within one year

32,906

19,333

Between one and five years

139,586

151,108

172,492

170,441

7.	SECURED DEBTS

The following secured debts are included within creditors:

31.8.25

31.8.24

£

£

Hire purchase contracts

172,492

170,441

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.25

31.8.24

value:

£

£

100

Ordinary

£1

100

100

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the financial year the director was charged £7,677 (2024: £2,758) interest on the loan which is unsecured and repayable on demand.

10.	ULTIMATE CONTROLLING PARTY