KSM Builders and Sons Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 08594991

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		77,114		38,126

			77,114		38,126
CURRENT ASSETS
Stocks	5	13,722		22,473
Debtors	6	216,177		219,188
Cash at bank and in hand		43,911		17,391

		273,810		259,052
Creditors: Amounts Falling Due Within One Year	7	(280,089 )		(245,510 )

NET CURRENT ASSETS (LIABILITIES)			(6,279 )		13,542

TOTAL ASSETS LESS CURRENT LIABILITIES			70,835		51,668

Creditors: Amounts Falling Due After More Than One Year	8		(59,065 )		(48,643 )

NET ASSETS			11,770		3,025

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			11,670		2,925

SHAREHOLDERS' FUNDS			11,770		3,025

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KSM Builders and Sons Ltd

Balance Sheet (continued)

As At 31 August 2025

For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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 Kalvin Mortimer

Director

28/04/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

KSM Builders and Sons Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08594991 . The registered office is 864 Halifax Road, Hartshead Moor, Cleckheaton, West Yorkshire, BD19 6LL.

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 form the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover form the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

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	RB 25%
Motor Vehicles	RB 25%
Computer Equipment	RB 33%

2.4. Stocks and Work in Progress

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Taxation

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

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and 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 end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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KSM Builders and Sons Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

2.5. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2024: 4)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 September 2024	6,000	78,003	5,383	89,386
Additions	16,500	36,510	-	53,010

As at 31 August 2025	22,500	114,513	5,383	142,396

Depreciation
As at 1 September 2024	5,746	40,131	5,383	51,260
Provided during the period	751	13,271	-	14,022

As at 31 August 2025	6,497	53,402	5,383	65,282

Net Book Value
As at 31 August 2025	16,003	61,111	-	77,114

As at 1 September 2024	254	37,872	-	38,126

5. Stocks

	2025	2024
	£	£
Work in progress	13,722	22,473

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	-	3,011
Other debtors	216,177	216,177

	216,177	219,188

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KSM Builders and Sons Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	36,189	22,807
Trade creditors	38,140	57,183
Bank loans and overdrafts	-	11,885
Corporation tax	58,269	48,548
Other taxes and social security	34,982	12,812
VAT	92,855	64,055
Other creditors	18,046	28,220
Directors' loan accounts	1,608	-

	280,089	245,510

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	50,217	38,392
Bank loans	8,848	10,251

	59,065	48,643

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	36,189	22,807
Later than one year and not later than five years	50,217	38,392

	86,406	61,199

	86,406	61,199

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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