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Registration number: 04031953

SV Construction (Dorchester) Limited
Annual Report and Unaudited Financial Statements Year Ended 31 October 2025

Chartered Accountants

SV Construction (Dorchester) Limited

Contents

Company Information | 1
Accountants' Report | 2
Balance Sheet | 3
Notes to the Unaudited Financial Statements | 4 to 10

SV Construction (Dorchester) Limited

Company Information

Directors | Mrs L D Vincent Mr S T Vincent Mr M A Vincent Mr T R Vincent

Registered office | Coombe Farm Winterbourne Steepleton DORCHESTER Dorset DT2 9HD

Accountants | Edwards and Keeping Limited Chartered Accountants Unity Chambers 34 High East Street Dorchester Dorset DT1 1HA

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
SV Construction (Dorchester) Limitedfor the Year Ended 31 October 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of SV Construction (Dorchester) Limited for the year ended 31 October 2025 as set out on pages 3 to 10 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 at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of SV Construction (Dorchester) Limited, as a body, in accordance with the terms of our engagement letter dated 28 July 2025. Our work has been undertaken solely to prepare for your approval the accounts of SV Construction (Dorchester) Limited and state those matters that we have agreed to state to the Board of Directors of SV Construction (Dorchester) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SV Construction (Dorchester) Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that SV Construction (Dorchester) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of SV Construction (Dorchester) Limited. You consider that SV Construction (Dorchester) 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 accounts of SV Construction (Dorchester) 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 accounts.

Edwards and Keeping Limited
Chartered Accountants
Unity Chambers
34 High East Street
Dorchester
Dorset
DT1 1HA

27 July 2026

SV Construction (Dorchester) Limited

(Registration number: 04031953)
Balance Sheet as at 31 October 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |  |  |
Tangible assets | 5 |  | 32,828 |  | 43,766
Investments | 6 |  | 8,000 |  | 8,000
|  |  | 40,828 |  | 51,766
Current assets |  |  |  |  |
Stocks |  | 450 |  | 450 |
Debtors | 7 | 36,000 |  | 18,000 |
Cash at bank and in hand |  | 37 |  | 35 |
|  | 36,487 |  | 18,485 |
Creditors: Amounts falling due within one year | 8 | (79,366) |  | (66,077) |
Net current liabilities |  |  | (42,879) |  | (47,592)
Total assets less current liabilities |  |  | (2,051) |  | 4,174
Creditors: Amounts falling due after more than one year | 8 |  | - |  | (2,803)
Net (liabilities)/assets |  |  | (2,051) |  | 1,371
Capital and reserves |  |  |  |  |
Called up share capital | 9 | 10 |  | 10 |
Profit and loss account |  | (2,061) |  | 1,361 |
Shareholders' (deficit)/funds |  |  | (2,051) |  | 1,371

For the financial year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 26 July 2026 and signed on its behalf by:

Mr T R Vincent
Director

SV Construction (Dorchester) Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 October 2025

1 | General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Coombe Farm
Winterbourne Steepleton
DORCHESTER
Dorset
DT2 9HD

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

SV Construction (Dorchester) Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 October 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Office improvements | 10% straight line basis
Plant and machinery | 25% reducing balance basis
Motor vehicles | 25% reducing balance basis

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Goodwill | 20% straight line basis

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

SV Construction (Dorchester) Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 October 2025

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

SV Construction (Dorchester) Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 October 2025

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 4).

4 | Intangible assets

| Goodwill £ | Total £
Cost or valuation
At 1 November 2024 | 9,600 | 9,600
At 31 October 2025 | 9,600 | 9,600
Amortisation
At 1 November 2024 | 9,600 | 9,600
At 31 October 2025 | 9,600 | 9,600
Carrying amount
At 31 October 2025 | - | -

5 | Tangible assets

| Land and buildings £ | Plant and machinery £ | Motor vehicles £ | Total £
Cost or valuation
At 1 November 2024 | 12,000 | 158,834 | 16,741 | 187,575
At 31 October 2025 | 12,000 | 158,834 | 16,741 | 187,575
Depreciation
At 1 November 2024 | 11,999 | 115,230 | 16,580 | 143,809
Charge for the year | - | 10,898 | 40 | 10,938
At 31 October 2025 | 11,999 | 126,128 | 16,620 | 154,747
Carrying amount
At 31 October 2025 | 1 | 32,706 | 121 | 32,828
At 31 October 2024 | 1 | 43,604 | 161 | 43,766

Included within the net book value of land and buildings above is £1 (2024 - £1) in respect of freehold land and buildings.

6 | Investments

| 2025 £ | 2024 £
Investments in subsidiaries | 8,000 | 8,000

SV Construction (Dorchester) Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 October 2025

Subsidiaries | £
Cost or valuation
At 1 November 2024 | 8,000
Provision
Carrying amount
At 31 October 2025 | 8,000
At 31 October 2024 | 8,000

7 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 36,000 | 18,000
| 36,000 | 18,000

SV Construction (Dorchester) Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 October 2025

8 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 10 | 2,797 | 9,640
Trade creditors |  | 1,891 | 1,590
Amounts owed to group undertakings and undertakings in which the company has a participating interest | 11 | 48,611 | 38,131
Taxation and social security |  | 36 | 36
Other creditors |  | 26,031 | 16,680
|  | 79,366 | 66,077
Due after one year |  |  |
Loans and borrowings | 10 | - | 2,803

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 10 | - | 2,803

9 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary Shares of £1 each | 10 | 10 | 10 | 10

10 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | - | 2,250
Hire purchase contracts | - | 553
| - | 2,803

| 2025 £ | 2024 £
Current loans and borrowings
Bank borrowings | 2,243 | 3,000
Finance lease liabilities | 554 | 6,640
| 2,797 | 9,640

SV Construction (Dorchester) Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 October 2025

11 | Related party transactions

Directors' remuneration

The directors' remuneration for the year was as follows:

| 2025 £ | 2024 £
Remuneration | 12,355 | 12,901