South West Design & Build Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 13552317 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

SOUTH WEST DESIGN & BUILD LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M Bamforth

Mrs C J Bamforth

SECRETARY:

Mrs C J Bamforth

REGISTERED OFFICE:

Hope Orchard

Hele Road

Bradninch

Devon

EX5 4QZ

REGISTERED NUMBER:

13552317 (England and Wales)

ACCOUNTANT:

Simon Glendinning FCA

34 Westfield

Bradninch

Exeter

Devon

EX5 4QU

FIXED ASSETS

Tangible assets

4

41,575

53,305

CURRENT ASSETS

Debtors

5

43,869

76,831

Cash at bank

82,238

136,715

126,107

213,546

CREDITORS

Amounts falling due within one year

6

80,301

208,063

NET CURRENT ASSETS

45,806

5,483

TOTAL ASSETS LESS CURRENT LIABILITIES

87,381

58,788

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

87,281

58,688

87,381

58,788

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 directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 May 2026 and were signed on its behalf by:

Mr M Bamforth - Director

1.	STATUTORY INFORMATION

South West Design & Build 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

COST

At 1 September 2024

1,320

68,500

1,166

70,986

Additions

458

-

1,668

2,126

At 31 August 2025

1,778

68,500

2,834

73,112

DEPRECIATION

At 1 September 2024

264

17,125

292

17,681

Charge for year

303

12,844

709

13,856

At 31 August 2025

567

29,969

1,001

31,537

NET BOOK VALUE

At 31 August 2025

1,211

38,531

1,833

41,575

At 31 August 2024

1,056

51,375

874

53,305

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

2,239

-

Amounts recoverable on contract

38,284

46,349

Other debtors

1,648

-

Directors' current accounts

50

13,825

VAT

-

14,920

Prepayments

1,648

1,737

43,869

76,831

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Acorus Rural Property Services Ltd
loan

2,612

Trade creditors

49,397

146,539

Tax

8,552

9,117

Social security and other taxes

3,647

4,060

VAT

3,241

-

Deferred income

-

20,000

Other creditors

3,250

-

Directors' current accounts

2,387

23,430

Accrued expenses

7,215

2,305

80,301

208,063

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2025 and 31 August 2024:

2025

2024

£

Mr M Bamforth and Mrs C J Bamforth

Balance outstanding at start of year

-

50

Amounts advanced

-

4,420

Amounts repaid

-

(4,470

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

Mr J H Whilding and Mrs F M Whilding

Balance outstanding at start of year

13,825

50

Amounts advanced

-

13,775

Amounts repaid

(13,775

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

50

13,825

Loans are unsecured and repayable on demand. Interest is charged at 9% on the outstanding balance.