Feldon Builders Limited - Filleted accounts

Registered number

08596549

Feldon Builders Limited

Filleted Accounts

31 July 2025

Feldon Builders Limited
Registered number:		08596549
Balance Sheet
as at 31 July 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		108,961			105,490

Current assets
Stocks		53,393			12,299
Debtors	4	28,160			46,764
Cash at bank and in hand		65,883			169,165
		147,436			228,228

Creditors: amounts falling due within one year	5	(152,972)			(92,932)

Net current (liabilities)/assets			(5,536)			135,296

Total assets less current liabilities			103,425			240,786

Creditors: amounts falling due after more than one year	6		(30,566)			(21,427)

Provisions for liabilities			(2,672)			(19,727)


Net assets			70,187			199,632

Capital and reserves
Called up share capital			100			100
Profit and loss account			70,087			199,532

Shareholders' funds			70,187			199,632

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




J Hibberd
Director
Approved by the board on 31 July 2026

Feldon Builders Limited
Notes to the Accounts
for the year ended 31 July 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Motor vehicles			25% reducing balance
	Plant and machinery			25% / 15% reducing balance
	Computer and software			33.33% straight line

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.


2	Employees and directors					2025		2024
Number							Number

	Average number of persons employed by the company					9		9


3	Tangible fixed assets
		Computer and software		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 August 2024	16,026		162,113		89,586		267,725
	Additions	-		12,570		41,495		54,065
	Disposals	-		(8,000)		(24,996)		(32,996)
	At 31 July 2025	16,026		166,683		106,085		288,794

	Depreciation
	At 1 August 2024	13,552		89,939		58,744		162,235
	Charge for the year	824		17,754		16,107		34,685
	On disposals	-		-		(17,087)		(17,087)
	At 31 July 2025	14,376		107,693		57,764		179,833

	Net book value
	At 31 July 2025	1,650		58,990		48,321		108,961
	At 31 July 2024	2,474		72,174		30,842		105,490


4	Debtors					2025		2024
£							£

	Trade debtors					5,367		17,636
	Other debtors					22,793		29,128
						28,160		46,764


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					29,034		28,712
	Obligations under finance lease and hire purchase contracts					10,492		5,969
	Trade creditors					42,442		36,455
	Taxation and social security costs					33,602		10,515
	Director current accounts					23,873		-
	Other creditors					13,529		11,281
						152,972		92,932


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					710		7,574
	Obligations under finance lease and hire purchase contracts					29,856		13,853
						30,566		21,427


7	Other financial commitments					2025		2024
£							£

	Total future minimum payments under non-cancellable operating leases					154,100		193,490


8	Loans to/(from) directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	R Hibberd
	Interest bearing loan	5,414		31,027		(38,312)		(1,871)

	J Hibberd
	Interest bearing loan	(550)		31,214		(52,665)		(22,001)

		4,864		62,241		(90,977)		(23,872)


9	Other information

	Feldon Builders Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 7 Worcester Road Industrial Estate
	Chipping Norton
	Oxfordshire
	OX7 5XW