Probus Construction Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 10901375 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2026

for

Probus Construction Limited

Page

Company information

1

Chartered accountants' report

2

Statement of financial position

3

to

4

Notes to the financial statements

5

to

7

Directors:

S A Ellis

C C D Hill

Registered office:

Probus Construction

Spalding Road

Bourne

Lincolnshire

PE10 0AU

Registered number:

10901375 (England and Wales)

Accountants:

Moore Thompson

27 Market Place

Market Deeping

Peterborough

Cambridgeshire

PE6 8EA

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of financial position. Readers are cautioned that the Income statement and certain other primary statements and the Report of the directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Probus Construction Limited for the year ended 28 February 2026 which comprise the Statement of income and retained earnings, Statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Probus Construction Limited, as a body, in accordance with the terms of our engagement letter dated 11 June 2025. Our work has been undertaken solely to prepare for your approval the financial statements of Probus Construction Limited and state those matters that we have agreed to state to the Board of Directors of Probus Construction Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Probus Construction Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Probus Construction Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Probus Construction Limited. You consider that Probus Construction Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Probus Construction Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Moore Thompson

27 Market Place

Market Deeping

Peterborough

Cambridgeshire

PE6 8EA

22 June 2026

Fixed assets

Tangible assets

5

129,243

143,634

Current assets

Stocks

52,289

123,264

Debtors

6

573,600

906,946

Cash at bank and in hand

1,682,989

758,835

2,308,878

1,789,045

Creditors

Amounts falling due within one year

7

2,028,126

1,546,177

Net current assets

280,752

242,868

Total assets less current liabilities

409,995

386,502

Provisions for liabilities

21,973

23,124

Net assets

388,022

363,378

Capital and reserves

Called up share capital

9

192

Capital redemption reserve

52

Retained earnings

387,778

363,134

Shareholders' funds

388,022

363,378

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 June 2026 and were signed on its behalf by:

S A Ellis - Director

1.	Statutory information

Probus 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	Statement of compliance

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.

3.	Accounting policies

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements

The financial statements contain information about Probus Construction Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

33% on cost

Fixtures and fittings

-

33% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

4.	Employees and directors

The average number of employees during the year was 15 (2025 - 13 ) .

5.	Tangible fixed assets

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

Cost

At 1 March 2025

29,769

1,660

195,732

18,535

245,696

Additions

7,272

-

21,750

3,496

32,518

Disposals

(12,680

)

-

(2,514

)

(15,194

)

Reclassification/transfer

12,500

-

(12,500

)

-

At 28 February 2026

36,861

1,660

204,982

19,517

263,020

Depreciation

At 1 March 2025

20,364

1,576

65,195

14,927

102,062

Charge for year

13,356

50

30,418

3,085

46,909

Eliminated on disposal

(12,680

)

-

(2,514

)

(15,194

)

Reclassification/transfer

1,823

-

(1,823

)

-

At 28 February 2026

22,863

1,626

93,790

15,498

133,777

Net book value

At 28 February 2026

13,998

34

111,192

4,019

129,243

At 28 February 2025

9,405

84

130,537

3,608

143,634

6.

Debtors: amounts falling due within one year

2026

2025

£

Trade debtors

530,651

872,234

Other debtors

2,000

Prepayments and accrued income

40,949

32,712

573,600

906,946

7.

Creditors: amounts falling due within one year

2026

2025

£

Trade creditors

743,517

746,765

Amounts owed to group company

250,000

-

Corporation tax

105,559

47,999

Social security and other taxes

20,592

17,862

VAT

126,570

220,488

Other creditors

6,415

4,649

Directors' loan accounts

57

6,484

Accruals and deferred income

775,416

501,930

2,028,126

1,546,177

8.	Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

Within one year

6,667

8,000

Between one and five years

-

6,667

14,667

9.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

48

Ordinary

1.00

48

144

Ordinary B

1.00

144

192

10.	Related party disclosures

Probus Group Limited is the parent company and owns 75.00% of the shares.

Registered office: 5 Hall Farm Rise, Cawthorpe, Bourne, England PE10 0AW