Company registration number: 03336776
Annual report and unaudited financial statements
for the year ended 31 March 2026
for
We Build It Limited
Pages for filing with the Registrar
Company registration number: 03336776
We Build It Limited
Balance sheet
as at 31 March 2026
2026 2025
Note £ £ £ £
Fixed assets
Intangible assets 4 40,000 30,000
Tangible assets 5 656,769 503,233
696,769 533,233
Current assets
Stocks 183,694 127,255
Debtors 864,106 1,155,223
Cash at bank and in hand 618,041 588,114
1,665,841 1,870,592
Creditors: amounts falling due within one year
(211,863) (250,436)
Net current assets 1,453,978 1,620,156
Total assets less current liabilities 2,150,747 2,153,389
Provisions for liabilities (20,874) (26,847)
NET ASSETS 2,129,873 2,126,542
Capital and reserves
Called up share capital 2 2
Profit and loss account 2,129,871 2,126,540
TOTAL EQUITY 2,129,873 2,126,542
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2026.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 03336776
We Build It Limited
Balance sheet - continued
as at 31 March 2026
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr D Thompson, Director
11 August 2026
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We Build It Limited
Notes to the financial statements
for the year ended 31 March 2026
1 Company information
We Build It Limited is a private company registered in England and Wales. Its registered number is 03336776. The company is limited by shares. Its registered office is Kings Nordley Farm, Kings Nordley, Bridgnorth, Shropshire, WV15 6EU.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Goodwill - 0% straight line
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Long leasehold property - 0% straight line
Plant and machinery etc.:
Plant and machinery - 20% straight line
Motor Vevicles - 25% straight line
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We Build It Limited
Notes to the financial statements - continued
for the year ended 31 March 2026
2 Accounting policies - continued
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Taxation
Taxation for the year comprises current and deferred taxation. Tax is recognised in the Profit and loss account, 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 taxation
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 been enacted or substantively enacted by the balance sheet date 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company’s pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 9 (2025 - 9).
4 Intangible assets
Goodwill
£
Cost
At 1 April 2025 30,000
Additions 10,000
At 31 March 2026 40,000
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We Build It Limited
Notes to the financial statements - continued
for the year ended 31 March 2026
4 Intangible assets - continued
Amortisation
At 31 March 2026 -
Net book value
At 31 March 2026 40,000
At 31 March 2025 30,000
5 Tangible fixed assets
Land and buildings
Plant and machinery etc.

Totals
£ £ £
Cost
At 1 April 2025 361,932 391,286 753,218
Additions 184,973 17,769 202,742
At 31 March 2026 546,905 409,055 955,960
Depreciation
At 1 April 2025 - 249,985 249,985
Charge for year - 49,206 49,206
At 31 March 2026 - 299,191 299,191
Net book value
At 31 March 2026 546,905 109,864 656,769
At 31 March 2025 361,932 141,301 503,233
6 Controlling party
During the year under review the company was controlled by D P Thompson, a director, together with members of his close family by virtue of a 100% interest in the issued ordinary shares.
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