REGISTERED NUMBER: 03234694 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2025

for

T.A. Smith (Builders) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P Duffy

SECRETARY:

Mrs J L Duffy

REGISTERED OFFICE:

1,733 Coventry Road

South Yardley

Birmingham

West Midlands

B26 1DT

REGISTERED NUMBER:

03234694 (England and Wales)

ACCOUNTANTS:

James, Stanley & Co. Limited

1,733 Coventry Road

South Yardley

Birmingham

West Midlands

B26 1DT

FIXED ASSETS

Property, plant and equipment

5

27,282

33,911

CURRENT ASSETS

Inventories

6

11,530

6,672

Debtors

7

268,659

294,111

Cash at bank and in hand

20,048

35,575

300,237

336,358

CREDITORS

Amounts falling due within one year

8

179,995

179,699

NET CURRENT ASSETS

120,242

156,659

TOTAL ASSETS LESS CURRENT LIABILITIES

147,524

190,570

CREDITORS

Amounts falling due after more than one year

9

(7,418

)

(24,783

)

PROVISIONS FOR LIABILITIES

(6,821

)

(8,478

)

NET ASSETS

133,285

157,309

CAPITAL AND RESERVES

Called up share capital

11

101

101

Retained earnings

133,184

157,208

SHAREHOLDERS' FUNDS

133,285

157,309

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 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 May 2026 and were signed by:

P Duffy - Director

1.	STATUTORY INFORMATION

T.A. Smith (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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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. There have been no material departures from this standard.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax.

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

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks of materials are valued at the lower of cost and net realisable value. Work in progress is valued at cost of materials and labour including a proportion of overheads.

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.

Operating leases

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Loans from directors

As a small entity the company measures a basic financial liability that are loans from directors at transaction price.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

5.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 September 2024

9,105

3,561

50,410

4,765

67,841

Additions

192

-

-

-

192

At 31 August 2025

9,297

3,561

50,410

4,765

68,033

DEPRECIATION

At 1 September 2024

7,528

2,433

19,204

4,765

33,930

Charge for year

354

225

6,242

-

6,821

At 31 August 2025

7,882

2,658

25,446

4,765

40,751

NET BOOK VALUE

At 31 August 2025

1,415

903

24,964

-

27,282

At 31 August 2024

1,577

1,128

31,206

-

33,911

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 September 2024

and 31 August 2025

41,390

DEPRECIATION

At 1 September 2024

17,333

Charge for year

4,812

At 31 August 2025

22,145

NET BOOK VALUE

At 31 August 2025

19,245

At 31 August 2024

24,057

6.	INVENTORIES

31.8.25

31.8.24

£

£

Stocks

7,450

2,351

Work-in-progress

4,080

4,321

11,530

6,672

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

37,040

22,858

Amounts owed by holding company

200,427

230,372

Amounts owed by fellow subsidiary

27,606

35,446

Other debtors

-

507

Prepayments and accrued income

3,586

4,928

268,659

294,111

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

9,167

10,000

Hire purchase contracts

8,199

7,045

Trade creditors

77,930

102,578

Tax

22,542

9,507

Social security and other taxes

44,145

35,791

Other creditors

9,785

7,943

Directors' current accounts

887

309

Accruals and deferred income

7,340

6,526

179,995

179,699

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans

-

9,167

Hire purchase contracts

7,418

15,616

7,418

24,783

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.8.25

31.8.24

£

£

Bank loans

9,167

19,167

Hire purchase contracts

15,617

22,661

24,784

41,828

Santander UK plc hold a fixed and floating charge over the property or undertaking of the company dated 24 January 2018.

Obligations under finance leases and hire purchase contracts are secured on the related lease assets.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.25

31.8.24

value:

£

£

100

Ordinary

£1

100

100

1

B Ordinary

£1

1

1

101

101

12.	CAPITAL COMMITMENTS

31.8.25

31.8.24

£

£

Contracted but not provided for in the

financial statements

-

-

13.	RELATED PARTY DISCLOSURES

Loans from key management personnel and associated companies are unsecured and interest free with no specific repayment terms.