REGISTERED NUMBER: 02291321 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

WILLIAMS BUILDERS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr P Williams

Mrs SM Williams

Mr SP Williams

Mrs AM Anderson

SECRETARY:

Mrs SM Williams

REGISTERED OFFICE:

33 Leicester Road

Anstey

Leicester

LE7 7AT

REGISTERED NUMBER:

02291321 (England and Wales)

FIXED ASSETS

Tangible assets

4

66,053

87,795

CURRENT ASSETS

Stocks

5

2,241,615

3,862,108

Debtors

6

882,781

57,062

Cash at bank

84,386

236,697

3,208,782

4,155,867

CREDITORS

Amounts falling due within one year

7

676,865

971,276

NET CURRENT ASSETS

2,531,917

3,184,591

TOTAL ASSETS LESS CURRENT LIABILITIES

2,597,970

3,272,386

CREDITORS

Amounts falling due after more than one year

8

(100,000

)

(797,905

)

PROVISIONS FOR LIABILITIES

10

(16,513

)

(13,629

)

NET ASSETS

2,481,457

2,460,852

CAPITAL AND RESERVES

Called up share capital

100,000

100,000

Retained earnings

11

2,381,457

2,360,852

SHAREHOLDERS' FUNDS

2,481,457

2,460,852

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 June 2026 and were signed on its behalf by:

Mr P Williams - Director

1.	STATUTORY INFORMATION

Williams Builders 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.	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 represents funds received from sales of properties and is recognised on completion. Rental income from properties is recognised for the period to which it relates and is invoiced in advance and adjusted for in deferred income.

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

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

Plant and machinery - 25% on reducing balance

Fixtures and fittings - 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 includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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.

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.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured

initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 November 2024

and 31 October 2025

267,167

49,706

47,458

364,331

DEPRECIATION

At 1 November 2024

201,635

47,638

27,263

276,536

Charge for year

16,383

310

5,049

21,742

At 31 October 2025

218,018

47,948

32,312

298,278

NET BOOK VALUE

At 31 October 2025

49,149

1,758

15,146

66,053

At 31 October 2024

65,532

2,068

20,195

87,795

5.

STOCKS

2025

2024

£

£

Work-in-progress

2,241,615

3,862,108

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

882,781

57,062

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

6,954

10,340

Hire purchase contracts

-

11,623

Trade creditors

182,451

199,346

Amounts owed to group undertakings

80,079

438,402

Taxation and social security

19,610

13,139

Other creditors

387,771

298,426

676,865

971,276

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

100,000

797,182

Hire purchase contracts

-

723

100,000

797,905

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

-

12,347

Bank loan

100,000

790,228

100,000

802,575

Hire purchase liabilities are secured on the assets to which they relate.

10.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Accelerated capital allowances

16,513

21,949

Taxation losses

-

(8,320

)

16,513

13,629

Deferred

tax

£

Balance at 1 November 2024

13,629

Charge for the year

2,884

Balance at 31 October 2025

16,513

11.

RESERVES

Retained

earnings

£

At 1 November 2024

2,360,852

Profit for the year

20,605

At 31 October 2025

2,381,457

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

2025

2024

£

£

Mr P Williams

Balance outstanding at start of year

42,418

(44,769

)

Amounts advanced

1,015,990

211,600

Amounts repaid

(182,962

)

(124,413

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

875,446

42,418

No interest has been charged on the above balances.

13.	RELATED PARTY DISCLOSURES

At the end of the period an amount of £3,709 (2024 - £10,130) was owed to the directors to the company.

No interest was charged on the above balances.

14.	ULTIMATE PARENT UNDERTAKING

The company's immediate parent undertaking is Williams Builders Holdings Limited. The registered office address and the principal place of business of Williams Builders Holdings Limited is 33 Leicester Road, Anstey, Leicester, United Kingdom, LE7 7AT.

The company is the subsidiary undertaking of a small group and as such is not required by the Companies Act 2006 to prepare group accounts.