Company No: 06935794 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	S R Chappell
	S Chappell
	C James

REGISTERED OFFICE	2nd Floor
	South
	One Castle Park
	Tower Hill
	Bristol
	BS2 0JA
	United Kingdom

COMPANY NUMBER

06935794 (England and Wales)

ACCOUNTANT	Gravita Western Limited
	2nd Floor, South
	One Castle Park
	Tower Hill
	Bristol
	BS2 0JA
	United Kingdom

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	3	252,919		369,316
		252,919		369,316
Current assets
Debtors	4	115,189		141,410
Cash at bank and in hand		8,927		25,554
		124,116		166,964
Creditors: amounts falling due within one year	5	( 319,611)		( 366,724)
Net current liabilities		(195,495)		(199,760)
Total assets less current liabilities		57,424		169,556
Creditors: amounts falling due after more than one year	6	( 139,175)		( 91,720)
Provision for liabilities		( 47,706)		( 69,799)
Net (liabilities)/assets		( 129,457)		8,037
Capital and reserves
Called-up share capital	7	100		100
Profit and loss account		( 129,557 )		7,937
Total shareholders' (deficit)/funds		( 129,457)		8,037

For the financial year ending 31 March 2026 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 financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of South Bristol Construction Limited (registered number: 06935794) were approved and authorised for issue by the Board of Directors on 30 July 2026. They were signed on its behalf by:

S Chappell Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

South Bristol Construction Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 2nd Floor, South, One Castle Park, Tower Hill, Bristol , BS2 0JA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The financial statements have been prepared on a going concern basis. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

At the balance sheet date, the Company reported a net liability position of £129,457. However, total assets less current liabilities amounted to £57,474, indicating that the Company retains sufficient underlying asset value to support its operations. Should additional funds be required to meet short-term liabilities as they fall due, the directors consider that the Company has access to funds through the disposal of fixed assets. These assets are included in the balance sheet at a net book value of £252,919. The directors believe that the market value of these assets exceeds their carrying value and, therefore, that they could be realised for amounts greater than their net book value if necessary.

On this basis, the directors have concluded that they can continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

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	25 % reducing balance
Vehicles	4 years straight line
Fixtures and fittings	4 years straight line

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

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.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of llease incentives is recognised as a reduction to expense over the lease term, on a straight line.

Hire purchase and finance leases

Assets held under finance leases are recognised in the statement of financial position as assets and liabilities at the lower of fair value of the assets and the present value of minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the leases are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of liability.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	3		3

3. Tangible assets

	Plant and machinery		Vehicles		Fixtures and fittings		Total
	£		£		£		£
Cost
At 01 April 2025	1,013,529		2,500		2,229		1,018,258
Additions	106,500		0		290		106,790
Disposals	( 272,290)		0		0		( 272,290)
At 31 March 2026	847,739		2,500		2,519		852,758
Accumulated depreciation
At 01 April 2025	644,473		2,240		2,229		648,942
Charge for the financial year	97,592		260		42		97,894
Disposals	( 146,997)		0		0		( 146,997)
At 31 March 2026	595,068		2,500		2,271		599,839
Net book value
At 31 March 2026	252,671		0		248		252,919
At 31 March 2025	369,056		260		0		369,316

4. Debtors

	2026		2025
	£		£
Trade debtors	79,457		91,218
Prepayments and accrued income	29,049		18,203
Corporation tax	6,683		0
Other debtors	0		31,989
	115,189		141,410

5. Creditors: amounts falling due within one year

	2026		2025
	£		£
Bank loans	21,818		5,472
Trade creditors	139,529		128,970
Amounts owed to directors	70,541		0
Accruals	7,791		7,443
Corporation tax	11,886		53,057
Other taxation and social security	9,331		50,603
Obligations under finance leases and hire purchase contracts	48,007		89,332
Other creditors	10,708		31,847
	319,611		366,724

6. Creditors: amounts falling due after more than one year

	2026		2025
	£		£
Bank loans	77,089		22,799
Obligations under finance leases and hire purchase contracts	62,086		68,921
	139,175		91,720

7. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100

8. SECURED DEBTS

The following secured debts are included within creditors:

	2026		2025
	£		£
Hire purchase	110,093		158,252

The hire purchase liabilities are secured against the assets to which they relate, these assets are included within fixed assets and have a combined net book value of £147,954 at the year end.