House Builder XL Limited

(Registration number: 03959121)
Balance Sheet as at 30 September 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	1,327	1,130
Tangible assets	5	2,183	4,184
		3,510	5,314
Current assets
Stocks		74	177
Debtors	6	3,072,918	2,804,387
Cash at bank and in hand		65,023	61,044
		3,138,015	2,865,608
Creditors: Amounts falling due within one year	7	(775,767)	(748,867)
Net current assets		2,362,248	2,116,741
Total assets less current liabilities		2,365,758	2,122,055
Creditors: Amounts falling due after more than one year	7	(149,331)	(66,630)
Net assets		2,216,427	2,055,425
Capital and reserves
Called up share capital	8	2,000	2,000
Share premium reserve		219,360	219,360
Profit and loss account		1,995,067	1,834,065
Total equity		2,216,427	2,055,425

House Builder XL Limited

(Registration number: 03959121)
Balance Sheet as at 30 September 2025

For the financial 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.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised for issue by the Board on 8 June 2026 and signed on its behalf by:
 

.........................................

J M Mulgrew
Director

House Builder XL Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

1	Statutory information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Here Bath Road
Arnos Vale
Bristol
England
BS4 3AP

2	Accounting policies

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention.

The financial statements are prepared in pounds sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Going concern

The company's financial statements have been prepared on a going concern basis on the grounds that current and future sources of funding or support will be adequate for the company's needs. The directors have a reasonable expectation that funding will be available for a period no shorter than twelve months from the date of approval of these financial statements. Accordingly, these financial statements have been prepared on the going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

House Builder XL Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Government grants

Government grants are recognised, using the accrual model, at the fair value of the asset received or receivable when there is reasonable assurance that the company will comply with conditions attaching to them and the grants will be received.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible fixed assets

Tangible fixed assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation.

The cost of tangible fixed assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Furniture, fittings and equipment	33% on cost

Intangible fixed assets

Separately acquired licences and trade-marks are shown at historical cost and are subsequently carried at cost less accumulated amortisation.

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Trade-marks	Over 10 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade debtors

Trade debtors are recognised initially at the transaction price. They are subsequently measured less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks comprise direct materials and are stated at cost.

House Builder XL Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Trade creditors

Trade creditors are recognised at the transaction price.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments.

Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense when the services are received.

The cost of any unused holiday entitlement is recognised in the period in which the employees' services are received.

3	Staff numbers

The average number of persons employed by the company (excluding directors) during the year, was 8 (2024 - 5). Some salary costs are charged from other companies in the group.

House Builder XL Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

4	Intangible fixed assets

	Trade-marks £
Cost
At 1 October 2024	1,130
Additions	340
At 30 September 2025	1,470
Amortisation
At 1 October 2024	-
Amortisation charge	143
At 30 September 2025	143
Carrying amount
At 30 September 2025	1,327
At 30 September 2024	1,130

House Builder XL Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

5	Tangible fixed assets

	Furniture, fittings and equipment  £
Cost
At 1 October 2024	122,620
Additions	623
At 30 September 2025	123,243
Depreciation
At 1 October 2024	118,436
Charge for the year	2,624
At 30 September 2025	121,060
Carrying amount
At 30 September 2025	2,183
At 30 September 2024	4,184

6	Debtors: amounts falling due within one year

	2025 £	2024 £
Trade debtors	62,280	78,419
Amounts owed by group undertakings	2,959,078	2,706,696
Other debtors	3,120	3,228
Prepayments and accrued income	48,440	16,044
	3,072,918	2,804,387

House Builder XL Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

7

Creditors

	2025 £	2024 £
Amounts falling due within one year
Bank loans and overdrafts	77,799	89,139
Trade creditors	15,370	18,586
Taxation and social security	43,847	43,292
Other creditors	8,533	3,100
Amounts owed to group undertakings	618,056	589,044
Accruals and deferred income	12,162	4,126
Corporation tax	-	1,580
	775,767	748,867

	2025 £	2024 £
Due after one year
Loans and borrowings	149,331	66,630