Company Registration No. 08029586 (England and Wales)
Challenge Building Services Limited
Unaudited accounts
for the year ended 31 December 2025
Challenge Building Services Limited
Unaudited accounts
Contents
Challenge Building Services Limited
Company Information
for the year ended 31 December 2025
Directors
M R Westaway
M Westaway
Matthew Westaway
Michael Westaway
Company Number
08029586 (England and Wales)
Registered Office
71 Hornbeam Road
Havant
Hampshire
PO9 2UT
England
Accountants
PGB Accountancy Limited
202 Walmer Road
Fratton
Portsmouth
Hampshire
PO1 5AU
Challenge Building Services Limited
Statement of financial position
as at 31 December 2025
Tangible assets
38,314
67,346
Cash at bank and in hand
385,138
416,145
Creditors: amounts falling due within one year
(229,921)
(176,200)
Net current assets
432,427
458,316
Net assets
470,741
525,662
Called up share capital
100
100
Profit and loss account
470,641
525,562
Shareholders' funds
470,741
525,662
For the year ending 31 December 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 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 of Directors and authorised for issue on 21 May 2026 and were signed on its behalf by
M Westaway
Director
Company Registration No. 08029586
Challenge Building Services Limited
Notes to the Accounts
for the year ended 31 December 2025
Challenge Building Services Limited is a private company, limited by shares, registered in England and Wales, registration number 08029586. The registered office is 71 Hornbeam Road, Havant, Hampshire, PO9 2UT, 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
20% straight line
Motor vehicles
25% straight line
Fixtures & fittings
15% straight line
Computer equipment
33.33% straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2025
6,971
168,248
15,164
13,255
203,638
At 31 December 2025
6,971
168,248
15,164
13,255
203,638
At 1 January 2025
3,598
114,630
6,370
11,694
136,292
Charge for the year
1,394
23,804
2,274
1,560
29,032
At 31 December 2025
4,992
138,434
8,644
13,254
165,324
At 31 December 2025
1,979
29,814
6,520
1
38,314
At 31 December 2024
3,373
53,618
8,794
1,561
67,346
Challenge Building Services Limited
Notes to the Accounts
for the year ended 31 December 2025
Amounts falling due within one year
Trade debtors
267,664
212,736
Accrued income and prepayments
9,546
5,635
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
84,006
88,732
Loans from directors
87,098
87,104
7
Average number of employees
During the year the average number of employees was 8 (2024: 7).