Shaun Veasey Building Contractor Ltd

Shaun Veasey Building Contractor Ltd
Contents Page
For the year ended 30 November 2025

Statement of Financial Position	1
Notes to the Financial Statements	2

Registered Number: 13771255 Shaun Veasey Building Contractor Ltd
Statement of Financial Position
As at 30 November 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	55,109	69,247
		55,109	69,247
Current assets
Debtors		143,032	172,617
Cash at bank and in hand		18,431	1,970
		161,463	174,587
Creditors: amount falling due within one year		(123,949)	(143,847)
Net current assets		37,514	30,740

Total assets less current liabilities		92,623	99,987
Net assets		92,623	99,987

Capital and reserves
Called up share capital	4	1	1
Profit and loss account		92,622	99,986
Shareholders' funds		92,623	99,987

For the year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 10 June 2026 and were signed by:

-------------------------------
Shaun Veasey
Director

1

Shaun Veasey Building Contractor Ltd
Notes to the Abridged Financial Statements
For the year ended 30 November 2025

General Information

Shaun Veasey Building Contractor Ltd is a private company, limited by shares, registered in England and Wales, registration number 13771255, registration address 18 Highgrove Gardens, Stamford, PE9 2GR.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	25% Straight Line
Motor Vehicles	20% Straight Line

2.	Average number of employees Average number of employees during the year was 5 (2024 : 5).

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Total
	£	£	£
At 01 December 2024	8,626	78,503	87,129
Additions	2,499	1,700	4,199
Disposals	-	-	-
At 30 November 2025	11,125	80,203	91,328
Depreciation
At 01 December 2024	2,353	13,418	15,771
Charge for year	4,464	15,984	20,448
On disposals	-	-	-
At 30 November 2025	6,817	29,402	36,219
Net book values
Closing balance as at 30 November 2025	4,308	50,801	55,109
Opening balance as at 01 December 2024	4,162	65,085	69,247

4.

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
1 Class A share of £1.00 each	1		1
	1		1

2

Registered Number: 13771255
England and Wales
Abridged Accounts

for the year ended 30 November 2025
for
SHAUN VEASEY BUILDING CONTRACTOR LTD