L.F. Builders Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04895751

L.F. BUILDERS LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

30 September 2025

L.F. BUILDERS LIMITED

STATEMENT OF FINANCIAL POSITION

30 September 2025

	2025		2024
Note	£	£	£	£

FIXED ASSETS

Tangible assets	5		24,718		29,156

CURRENT ASSETS

Debtors	6	58,865	370,000
Cash at bank and in hand		18,042	3,666
		--------	---------
		76,907	373,666

CREDITORS: amounts falling due within one year	7	33,680		352,843
		--------		---------
NET CURRENT ASSETS			43,227		20,823
			--------		--------
TOTAL ASSETS LESS CURRENT LIABILITIES			67,945		49,979

PROVISIONS	6,179	7,289
	--------	--------
NET ASSETS	61,766	42,690
	--------	--------

CAPITAL AND RESERVES

Called up share capital fully paid	2	2
Profit and loss account	61,764	42,688
	--------	--------
SHAREHOLDERS FUNDS	61,766	42,690
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

L.F. BUILDERS LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

30 September 2025

These financial statements were approved by the board of directors and authorised for issue on 11 May 2026 , and are signed on behalf of the board by:

Mr L A Fisher	Mrs T J Fisher
Director	Director

Company registration number: 04895751

L.F. BUILDERS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30 SEPTEMBER 2025

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Maple House 1 Rectory Gardens, Gate Lane Broughton, Kettering, Northamptonshire, NN14 1UP.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

Provision is made on the liability method, for taxation deferred in respect of all material timing differences only to the extent that, in the opinion of the directors, there is a reasonable probability that a liability will crystallise in the foreseeable future.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Motor Vehicles	-	25% reducing balance
Equipment	-	15% reducing balance

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss. Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. TANGIBLE ASSETS

	Motor vehicles	Equipment	Total
	£	£	£
Cost
At 1 October 2024	21,706	36,973	58,679
Additions	–	2,088	2,088
Disposals	( 3,000)	–	( 3,000)
	--------	--------	--------
At 30 September 2025	18,706	39,061	57,767
	--------	--------	--------
Depreciation
At 1 October 2024	18,809	10,714	29,523
Charge for the year	368	3,571	3,939
Disposals	( 413)	–	( 413)
	--------	--------	--------
At 30 September 2025	18,764	14,285	33,049
	--------	--------	--------
Carrying amount
At 30 September 2025	( 58)	24,776	24,718
	--------	--------	--------
At 30 September 2024	2,897	26,259	29,156
	--------	--------	--------

6. DEBTORS

	2025	2024
	£	£
Other debtors	58,865	370,000
	--------	---------

7. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	1,907	4,081
Corporation tax	24,672	13,571
Social security and other taxes	3,336	2,771
Other creditors	3,765	332,420
	--------	---------
	33,680	352,843
	--------	---------

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the directors entered into the following advances and credits with the company:

	2025
	Balance brought forward	Advances/ (credits) to the directors	Amounts repaid	Balance outstanding
	£	£	£	£
Mr L A Fisher	( 329,302)	545,802	( 157,635)	58,865
	---------	---------	---------	--------

	2024
	Balance brought forward	Advances/ (credits) to the directors	Amounts repaid	Balance outstanding
	£	£	£	£
Mr L A Fisher	( 342,033)	101,605	( 88,874)	( 329,302)
	---------	---------	--------	---------

The above balance was repaid within 9 months of the year end. Interest has been charged at the official rate.