REGISTERED NUMBER: 05090898 (England and Wales)

Unaudited Financial Statements

for the Period 1 May 2024 to 31 July 2025

for

Close Brothers Building & Maintenance

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Close

J Close

A J Close

P Dean

SECRETARY:

Mrs K Close

REGISTERED OFFICE:

Dovedale House

Hurricane Way

Wickford

Essex

SS11 8YB

REGISTERED NUMBER:

05090898 (England and Wales)

ACCOUNTANTS:

DANIEL JAMES

UNIT L

RADFORD BUSINESS CENTRE

RADFORD WAY

BILLERICAY

Essex

CM12 0BZ

FIXED ASSETS

Tangible assets

4

9,510

77,722

CURRENT ASSETS

Stocks

71,050

47,000

Debtors

5

640,968

546,736

Cash at bank and in hand

18,702

40,034

730,720

633,770

CREDITORS

Amounts falling due within one year

6

473,575

334,638

NET CURRENT ASSETS

257,145

299,132

TOTAL ASSETS LESS CURRENT LIABILITIES

266,655

376,854

CREDITORS

Amounts falling due after more than one year

7

-

54,167

NET ASSETS

266,655

322,687

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

266,652

322,684

SHAREHOLDERS' FUNDS

266,655

322,687

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

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

M Close - Director

A J Close - Director

1.	STATUTORY INFORMATION

Close Brothers Building & Maintenance 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.

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.

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 - 20% Reducing Balance

Motor Vehicles - 20% Reducing Balance

Computer Equipment - 20% Reducing Balance

Fixture and Fittings - 20% 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 period 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 74 (2024 - 50 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2024

687,162

Disposals

(627,112

)

At 31 July 2025

60,050

DEPRECIATION

At 1 May 2024

609,440

Charge for period

2,381

Eliminated on disposal

(561,281

)

At 31 July 2025

50,540

NET BOOK VALUE

At 31 July 2025

9,510

At 30 April 2024

77,722

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

30.4.24

£

£

Trade debtors

184,878

106,662

Amounts recoverable on contract

438,500

438,500

Other debtors

17,590

1,574

640,968

546,736

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

30.4.24

£

£

Bank loans and overdrafts

61,976

50,000

Trade creditors

159,986

73,791

Amounts owed to associates

202,054

7,331

Taxation and social security

47,144

193,035

Other creditors

2,415

10,481

473,575

334,638

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

30.4.24

£

£

Other creditors

-

54,167

8.	SECURED DEBTS

Barclays Bank PLC hold a fixed and floating charges over the undertaking and all property and assets present and future including, goodwill, bookdebts, uncalled capital, buildings, fixtures, fixed plant and machinery.

Hire purchase liabilities are secured by the related assets held under its own agreement.