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Registered number: 11987331
Building of Homes Limited
Unaudited Financial Statements
For The Year Ended 27 May 2025
A Wigglesworth & Company Ltd
Armstrong House
First Avenue
Doncaster
DN9 3GA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11987331
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 64,677 80,847
64,677 80,847
CURRENT ASSETS
Debtors 5 23,909 22,191
Cash at bank and in hand 9,268 10,862
33,177 33,053
Creditors: Amounts Falling Due Within One Year 6 (112,930 ) (83,445 )
NET CURRENT ASSETS (LIABILITIES) (79,753 ) (50,392 )
TOTAL ASSETS LESS CURRENT LIABILITIES (15,076 ) 30,455
Creditors: Amounts Falling Due After More Than One Year 7 (40,000 ) (40,000 )
NET LIABILITIES (55,076 ) (9,545 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (55,176 ) (9,645 )
SHAREHOLDERS' FUNDS (55,076) (9,545)
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Page 2
For the year ending 27 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Christopher Walters
Director
27/05/2026
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Building of Homes Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11987331 . The registered office is Un9 Armstrong House, First Avenue, Finningley, Doncaster, South Yorkshire, DN9 3GA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% reducing balance
Motor Vehicles 20% reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
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2.5. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the income statement, 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2024: 4)
4 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 June 2024 132,086 53,412 185,498
As at 27 May 2025 132,086 53,412 185,498
Depreciation
As at 1 June 2024 78,045 26,606 104,651
Provided during the period 10,809 5,361 16,170
As at 27 May 2025 88,854 31,967 120,821
Net Book Value
As at 27 May 2025 43,232 21,445 64,677
As at 1 June 2024 54,041 26,806 80,847
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5. Debtors
2025 2024
£ £
Due within one year
VAT 23,909 22,191
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts - 3,510
Trade creditors 1 -
Bank loans and overdrafts 10,000 10,000
Corporation tax 4,339 4,339
Other taxes and social security 60,409 43,105
Other creditors - 44
Accruals and deferred income 9,866 3,299
Director's loan account 28,315 19,148
112,930 83,445
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 40,000 40,000
8. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year - 3,510
Later than one year and not later than five years - -
- 3,510
- 3,510
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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