REGISTERED NUMBER: 08482030 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Buildus Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms S A H Hilder

M G Palmer

REGISTERED OFFICE:

30 Peacocks Close

Cavendish

Sudbury

Suffolk

CO10 8DA

REGISTERED NUMBER:

08482030 (England and Wales)

ACCOUNTANTS:

Knights Lowe Chartered Accountants

Eldo House

Kempson Way

Suffolk Business Park

Bury St Edmunds

Suffolk

IP32 7AR

FIXED ASSETS

Intangible assets

5

-

-

Tangible assets

6

25,459

8,428

25,459

8,428

CURRENT ASSETS

Stocks

39,519

550

Debtors

7

2,692

2,155

Cash at bank

22,668

4,015

64,879

6,720

CREDITORS

Amounts falling due within one year

8

85,800

7,202

NET CURRENT LIABILITIES

(20,921

)

(482

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,538

7,946

CREDITORS

Amounts falling due after more than one year

9

-

(2,644

)

PROVISIONS FOR LIABILITIES

10

(1,137

)

(1,177

)

NET ASSETS

3,401

4,125

CAPITAL AND RESERVES

Called up share capital

11

9,000

9,000

Retained earnings

(5,599

)

(4,875

)

SHAREHOLDERS' FUNDS

3,401

4,125

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

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

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

M G Palmer - Director

1.	STATUTORY INFORMATION

Buildus Ltd 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.

These financial statements have been prepared on a going concern basis. At the financial year end the company had net current liabilities, caused by losses incurred in the year. However, the company has the ongoing support of the shareholders, directors and finance providers. The directors are therefore of the opinion that the going concern basis is appropriate.

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 2015, is being amortised evenly over its estimated useful life of seven 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.

Plant and machinery

-

30% on reducing balance and 15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

10,000

AMORTISATION

At 1 April 2025

and 31 March 2026

10,000

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

6.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2025

19,800

17,750

37,550

Additions

5,444

15,995

21,439

At 31 March 2026

25,244

33,745

58,989

DEPRECIATION

At 1 April 2025

12,440

16,682

29,122

Charge for year

2,142

2,266

4,408

At 31 March 2026

14,582

18,948

33,530

NET BOOK VALUE

At 31 March 2026

10,662

14,797

25,459

At 31 March 2025

7,360

1,068

8,428

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Directors' current accounts

-

129

Corporation tax

-

516

VAT

2,176

205

Prepayments and accrued income

516

1,305

2,692

2,155

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

2,644

5,187

Trade creditors

2,098

203

Other creditors

6,024

34

Directors' current accounts

73,322

108

Accruals

1,712

1,670

85,800

7,202

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 1-2 years

-

2,644

10.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

Accelerated capital allowances

1,137

1,177

Deferred

tax

£

Balance at 1 April 2025

1,177

Credit to Income Statement during year

(40

)

Balance at 31 March 2026

1,137

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

9,000

Ordinary

£1

9,000

9,000

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

£

M G Palmer

Balance outstanding at start of year

129

1,616

Amounts advanced

-

653

Amounts repaid

(129

)

(2,140

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

129

Ms S A H Hilder

Balance outstanding at start of year

-

2,000

Amounts repaid

-

(2,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

M G Palmer repaid his loan in full in May 2025.