REGISTERED NUMBER: 08265926 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 October 2025

for

LJV Construction Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs A Gwalchmai-Veasey

L J Veasey

REGISTERED OFFICE:

Cross Chambers

9 High Street

Newtown

Powys

SY16 2NY

REGISTERED NUMBER:

08265926 (England and Wales)

ACCOUNTANTS:

Morgan Griffiths LLP

Chartered Accountants

Cross Chambers

9 High Street

Newtown

Powys

SY16 2NY

FIXED ASSETS

Intangible assets

4

22,668

22,668

Tangible assets

5

264,856

289,997

287,524

312,665

CURRENT ASSETS

Stocks

77,162

197,314

Debtors

6

227,154

284,339

Cash at bank and in hand

145,450

745,030

449,766

1,226,683

CREDITORS

Amounts falling due within one year

7

378,500

443,736

NET CURRENT ASSETS

71,266

782,947

TOTAL ASSETS LESS CURRENT LIABILITIES

358,790

1,095,612

CREDITORS

Amounts falling due after more than one year

8

(8,457

)

(15,706

)

PROVISIONS FOR LIABILITIES

(35,905

)

(42,189

)

NET ASSETS

314,428

1,037,717

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

314,328

1,037,617

314,428

1,037,717

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 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 24 July 2026 and were signed on its behalf by:

L J Veasey - Director

1.	STATUTORY INFORMATION

LJV Construction 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.

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 2012, is being amortised evenly over its estimated useful life of twelve 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.

Computer software is being amortised evenly over its estimated useful life of nil years.

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 etc

-

25% on reducing balance, 20% on reducing balance and 10% on reducing balance

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 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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2024 - 18 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 November 2024

and 31 October 2025

12,000

22,668

34,668

AMORTISATION

At 1 November 2024

and 31 October 2025

12,000

-

12,000

NET BOOK VALUE

At 31 October 2025

-

22,668

22,668

At 31 October 2024

-

22,668

22,668

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 November 2024

and 31 October 2025

121,239

282,489

403,728

DEPRECIATION

At 1 November 2024

-

113,731

113,731

Charge for year

-

25,141

25,141

At 31 October 2025

-

138,872

138,872

NET BOOK VALUE

At 31 October 2025

121,239

143,617

264,856

At 31 October 2024

121,239

168,758

289,997

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

142,603

86,911

Other debtors

84,551

197,428

227,154

284,339

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Hire purchase contracts

7,249

7,249

Trade creditors

143,133

132,467

Taxation and social security

225,864

302,020

Other creditors

2,254

2,000

378,500

443,736

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Hire purchase contracts

8,457

15,706

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 October 2025 and 31 October 2024:

31.10.25

31.10.24

£

£

Mrs A Gwalchmai-Veasey and L J Veasey

Balance outstanding at start of year

126,272

-

Amounts advanced

704,182

126,272

Amounts repaid

(830,708

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(254

)

126,272