Registration number: 00617596

Baldwin Brothers (Builders) Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 7

Baldwin Brothers (Builders) Limited

(Registration number: 00617596)
Balance Sheet as at 31 January 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	5	75,639	275,849
Current assets
Stocks		650	650
Debtors	6	6,091	5,965
Cash at bank and in hand		411,035	181,290
		417,776	187,905
Creditors: Amounts falling due within one year	7	(36,031)	(5,483)
Net current assets		381,745	182,422
Total assets less current liabilities		457,384	458,271
Provisions for liabilities		(6,250)	(15,016)
Net assets		451,134	443,255
Capital and reserves
Called up share capital		143	143
Capital redemption reserve		358	358
Revaluation reserve		16,520	179,653
Retained earnings		434,113	263,101
Shareholders' funds		451,134	443,255

Baldwin Brothers (Builders) Limited

(Registration number: 00617596)
Balance Sheet as at 31 January 2026

For the financial year ending 31 January 2026 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 27 May 2026 and signed on its behalf by:
 

......................................... Mrs J A St Clair-Wilcox Director

Baldwin Brothers (Builders) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
16 Rowan House
Holbrook Way
Swindon
Wiltshire
SN1 5BY

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Revenue recognition

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of houses, long leaseholds, and the value of contracting work executed during the year. All contracting work is considered to be long term and related work in progress is disclosed as Amounts Recoverable on Contracts within Debtors.

Revenue from the sale of houses and long leaseholds is recognised on exchange of contracts.

Contract revenue recognition

Revenue from contracts for the provision of construction services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense represents the sum of the tax currently payable and deferred tax.

Baldwin Brothers (Builders) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

The tax currently payable is based on the taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income and expenses that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax is not material and no provision has been made.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Land and buildings freehold	No depreciation is provided as the director considers that the difference between the current value and the estimated residual value would not be material.
Plant and machinery	25% reducing balance
Office equipment	25% reducing balance
Motor vehicles	25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Baldwin Brothers (Builders) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

Employee benefits

The costs of short term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

3	Other operating income

	2026		2025
	£		£
Rental income	-		3,325

 

4	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2025 - 3).

Baldwin Brothers (Builders) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

Included within the net book value of land and buildings above is £75,000 (2025 - £275,000) in respect of freehold land and buildings.

Land and buildings includes revalued property with a net book value £275,000 and a historical cost £31,601. Depreciation is £nil. The net book value has been adopted as deemed cost on transition to FRS102.
 

6

Debtors

	2026 £	2025 £
Prepayments	690	705
Other debtors	5,401	5,260
	6,091	5,965

7

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Taxation and social security	31,436	1,098
Other creditors	4,595	4,385
	36,031	5,483