BUILDPARTNER TECHNOLOGY LTD


Directors	EASTWOOD, Rupert John Anthony
	SELLS, Hugo William


Registered Address	86-90 Paul Street
	London
	EC2A 4NE


Registered Number	11739530 (England and Wales)

Notes to the Financial Statements
for the year ended 31 December 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Judgements and key sources of estimation uncertainty
	In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. These critical accounting judgements and estimations are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. The critical judgements made by management that have a significant effect on the amounts recognised in the financial statements are described below.

Judgements and key sources of estimation uncertainty

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. These critical accounting judgements and estimations are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The critical judgements made by management that have a significant effect on the amounts recognised in the financial statements are described below.

	Operating leases
	Rentals payable under operating leases are charged to the profit and loss account on a straight-line basis over the period of the lease.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Defined contribution pension plan
	The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the Income Statement in the period to which they relate.

	Finance costs
	Finance costs charged to the profit or loss include interest expense calculated using the effective interest method from FRS 102:11, finance charges on finance leases, and exchange differences on foreign currency borrowings where these are treated as an adjustment to interest costs.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Intangible assets
	Intangible assets are initially recognised at cost. After initial recognition, intangibles are measured at cost less any accumulated amortisation and any accumulated impairment losses. Patents and licences are being amortised evenly over their estimated useful life of five years. Website development costs are amortised evenly over their estimated useful life of either five or ten years.

	Goodwill
	Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of ten years.

	Research and development
	The company has developed proprietary software for use by customers. Development costs that are directly attributable to design, development, testing and implementation of the website owned by the Company are recognised as intangible assets when the following criteria are met: - It is technically feasible to develop the product for it to be used or sold; - adequate resources are available to complete the development; - there is an intention to complete the product; - the Company is able to use or sell the product; - utilising the asset will generate future economic benefit to the company; and - expenditure on the project can be measured reliably. Development expenditure not satisfying the above criteria and expenditure on the research phase of internal projects are recognised in the Income Statement. The Company capitalises internally generate software costs, including directly attributable development costs from employees and contractors. The Company tests whether internally generated software development costs have suffered any indicators of impairment in accordance with the relevant accounting policy.

Research and development

The company has developed proprietary software for use by customers. Development costs that are directly attributable to design, development, testing and implementation of the website owned by the Company are recognised as intangible assets when the following criteria are met:

- It is technically feasible to develop the product for it to be used or sold;
- adequate resources are available to complete the development;
- there is an intention to complete the product;
- the Company is able to use or sell the product;
- utilising the asset will generate future economic benefit to the company; and
- expenditure on the project can be measured reliably. 

Development expenditure not satisfying the above criteria and expenditure on the research phase of internal projects are recognised in the Income Statement. 

The Company capitalises internally generate software costs, including directly attributable development costs from employees and contractors. The Company tests whether internally generated software development costs have suffered any indicators of impairment in accordance with the relevant accounting policy.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Plant and machinery	4
	Fixtures and fittings	4

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

	Trade and other debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Trade and other debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Cash and cash equivalents
	Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less.

Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.

	Trade and other creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Bank overdrafts are shown within borrowings in current liabilities. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Share capital
	Ordinary & Deferred shares are classified as equity

2.	Average number of employees


		2025		2024
	Average number of employees during the year	3		3

3.	Intangible assets

		Total
		£
	Cost or valuation
	At 01 January 25	1,234,141
	Additions	309,985
	At 31 December 25	1,544,125
	Amortisation and impairment
	At 01 January 25	551,387
	Charge for year	184,452
	At 31 December 25	735,838
	Net book value
	At 31 December 25	808,287
	At 31 December 24	682,754

4.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 January 25	6,429
	Additions	2,856
	At 31 December 25	9,285
	Depreciation and impairment
	At 01 January 25	3,061
	Charge for year	1,587
	At 31 December 25	4,648
	Net book value
	At 31 December 25	4,637
	At 31 December 24	3,368

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	57,699	42,728
Other debtors	99,588	61,894
Total	157,287	104,622

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	17,160	3,339
Bank borrowings and overdrafts	56,637	30,601
Taxation and social security	16,291	15,960
Finance lease and HP contracts	-	382
Other creditors	265,221	103,048
Accrued liabilities and deferred income	6,900	5,783
Total	362,209	159,113

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	28,153	1,678
Other creditors	80,000	80,000
Total	108,153	81,678

8.	Operating lease commitments
	At 31 12 25, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of nil (2024 – £382).

9.	Directors advances, credits and guarantees
	At the reporting date the company owed the directors £15,067 (2024: £1,202) which is repayable on demand and attracts no interest.

10.	Share capital
	Allotted, issued and fully paid: Number: Class: Nominal 2025 2024 Value: £ £ 52,052 Ordinary £0.01 521 519 2,911 Deferred £0.01 29 29

11.	Events after reporting date
	On 13 February 2026, 1216 Ordinary shares were issued with a nominal value of £0.01, at a premium of £124.99.

12.	Related party transactions
	Included within creditors is £80,000 due to a company controlled by a director of the company. Interest is charged on the outstanding balance at commercial rates. The loan is unsecured and repayable on demand

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		808,287		682,754
Tangible assets	4		4,637		3,368
			812,924		686,122
Current assets
Debtors	5	157,287		104,622
Cash at bank and on hand		8,539		32,107
		165,826		136,729
Creditors amounts falling due within one year	6	(362,209)		(159,113)
Net current assets (liabilities)			(196,383)		(22,384)
Total assets less current liabilities			616,541		663,738
Creditors amounts falling due after one year	7		(108,153)		(81,678)
Net assets			508,388		582,060
Capital and reserves
Called up share capital			550		548
Share premium			1,227,885		1,211,636
Profit and loss account			(720,047)		(630,124)
Shareholders' funds			508,388		582,060