REGISTERED NUMBER: 04692208 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST OCTOBER 2025

FOR

DAVID HOLMES CONSTRUCTION LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D C Holmes

Mrs D Cooper-Holmes

E H Holmes

Miss K Holmes

SECRETARY:

Mrs D Cooper-Holmes

REGISTERED OFFICE:

Thirlmere

Back Lane

Rimington

Clitheroe

Lancashire

BB7 4DT

REGISTERED NUMBER:

04692208 (England and Wales)

ACCOUNTANTS:

Ainsworths Limited

Chartered Accountants

Charter House

Stansfield Street

Nelson

Lancashire

BB9 9XY

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

160,985

125,890

Investments

6

1

-

160,986

125,890

CURRENT ASSETS

Stocks

365,000

400,000

Debtors

7

131,440

112,404

Cash at bank

62,081

59,901

558,521

572,305

CREDITORS

Amounts falling due within one year

8

293,937

332,887

NET CURRENT ASSETS

264,584

239,418

TOTAL ASSETS LESS CURRENT LIABILITIES

425,570

365,308

CREDITORS

Amounts falling due after more than one year

9

(32,082

)

(6,160

)

PROVISIONS FOR LIABILITIES

(27,746

)

(18,973

)

NET ASSETS

365,742

340,175

CAPITAL AND RESERVES

Called up share capital

1,002

1,002

Retained earnings

364,740

339,173

SHAREHOLDERS' FUNDS

365,742

340,175

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17th June 2026 and were signed on its behalf by:

D C Holmes - Director

1.	STATUTORY INFORMATION

David Holmes Construction 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.

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, has been fully amortised in prior years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

Nil

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Freehold property comprises land only hence why no depreciation is provided.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

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

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 9 (2024 - 12 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st November 2024

and 31st October 2025

86,500

AMORTISATION

At 1st November 2024

and 31st October 2025

86,500

NET BOOK VALUE

At 31st October 2025

-

At 31st October 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1st November 2024

50,000

171,739

32,406

Additions

-

484

-

At 31st October 2025

50,000

172,223

32,406

DEPRECIATION

At 1st November 2024

-

135,033

22,324

Charge for year

-

5,563

1,507

At 31st October 2025

-

140,596

23,831

NET BOOK VALUE

At 31st October 2025

50,000

31,627

8,575

At 31st October 2024

50,000

36,706

10,082

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1st November 2024

133,144

1,977

389,266

Additions

60,330

-

60,814

At 31st October 2025

193,474

1,977

450,080

DEPRECIATION

At 1st November 2024

104,702

1,317

263,376

Charge for year

18,423

226

25,719

At 31st October 2025

123,125

1,543

289,095

NET BOOK VALUE

At 31st October 2025

70,349

434

160,985

At 31st October 2024

28,442

660

125,890

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1st November 2024

44,233

Transfer to ownership

(44,233

)

At 31st October 2025

-

DEPRECIATION

At 1st November 2024

28,894

Charge for year

3,835

Transfer to ownership

(32,729

)

At 31st October 2025

-

NET BOOK VALUE

At 31st October 2025

-

At 31st October 2024

15,339

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

1

At 31st October 2025

1

NET BOOK VALUE

At 31st October 2025

1

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

69,600

74,858

Amounts owed by group undertakings

39,605

-

Other debtors

22,235

37,546

131,440

112,404

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans and overdrafts

6,160

17,883

Hire purchase contracts

13,750

4,845

Trade creditors

72,195

46,567

Taxation and social security

8,642

50,580

Other creditors

193,190

213,012

293,937

332,887

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans

-

6,160

Hire purchase contracts

32,082

-

32,082

6,160

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.10.25

31.10.24

£

£

Bank loans

6,160

24,043

Hire purchase contracts

45,832

4,845

51,992

28,888

Bank loans/overdrafts are secured by a fixed and floating charge over all assets of the company.

Hire purchase contracts are secured against the assets to which they relate.