Company Registration No. 12205002 (England and Wales)
Craven Building Contractors Ltd
Unaudited accounts
for the year ended 30 September 2025
Craven Building Contractors Ltd
Statement of financial position
as at 30 September 2025
Tangible assets
37,830
47,632
Inventories
(39,177)
38,814
Cash at bank and in hand
110,595
68,714
Creditors: amounts falling due within one year
(104,563)
(67,668)
Net current assets
150,711
64,205
Total assets less current liabilities
188,541
111,837
Creditors: amounts falling due after more than one year
-
(3,211)
Provisions for liabilities
Deferred tax
(9,057)
(12,190)
Called up share capital
100
100
Profit and loss account
179,384
96,336
Shareholders' funds
179,484
96,436
For the year ending 30 September 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 4 June 2026 and were signed on its behalf by
Mr K R Thomson
Director
Company Registration No. 12205002
Craven Building Contractors Ltd
Notes to the Accounts
for the year ended 30 September 2025
Craven Building Contractors Ltd is a private company, limited by shares, registered in England and Wales, registration number 12205002. The registered office is Organia House, Bradford Road, Guiseley, West Yorkshire, LS20 8NH, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
Motor vehicles
20% Reducing Balance
Computer equipment
33% Straight Line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Craven Building Contractors Ltd
Notes to the Accounts
for the year ended 30 September 2025
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2024
2,628
79,339
1,598
83,565
At 30 September 2025
2,939
79,339
1,598
83,876
At 1 October 2024
889
34,730
314
35,933
Charge for the year
658
8,922
533
10,113
At 30 September 2025
1,547
43,652
847
46,046
At 30 September 2025
1,392
35,687
751
37,830
At 30 September 2024
1,739
44,609
1,284
47,632
Amounts falling due within one year
Accrued income and prepayments
5,088
4,838
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Creditors: amounts falling due within one year
2025
2024
Obligations under finance leases and hire purchase contracts
3,212
4,330
Trade creditors
45,588
15,203
Taxes and social security
50,494
26,900
Other creditors
3,562
5,715
Loans from directors
-
12,720
Craven Building Contractors Ltd
Notes to the Accounts
for the year ended 30 September 2025
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
-
3,211
8
Transactions with related parties
The Director, Mr K R Thomson owns 50% of the share capital of the company. During the year the director received dividends of £26,480 (2024 - £29,615). At the year end the company owed the Director £Nil (2024 - £12,720)
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Average number of employees
During the year the average number of employees was 5 (2024: 5).