REGISTERED NUMBER: 04957195 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2025

for

SBC Builders Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S Caile

SECRETARY:

Mrs B Caile

REGISTERED OFFICE:

Suite 23

Westfield House

Prospect Road

Crook

Co. Durham

DL15 8JL

REGISTERED NUMBER:

04957195 (England and Wales)

ACCOUNTANTS:

CM Sewell & Company

53 Welby Drive

Ushaw Moor

Durham

Co. Durham

DH7 7GA

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

206,256

144,625

206,256

144,625

CURRENT ASSETS

Stocks

130,744

42,107

Debtors

6

274,248

298,051

Cash at bank

478,663

354,490

883,655

694,648

CREDITORS

Amounts falling due within one year

7

466,687

392,996

NET CURRENT ASSETS

416,968

301,652

TOTAL ASSETS LESS CURRENT LIABILITIES

623,224

446,277

CREDITORS

Amounts falling due after more than one year

8

(11,022

)

(16,756

)

PROVISIONS FOR LIABILITIES

(50,999

)

(32,136

)

NET ASSETS

561,203

397,385

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

561,103

397,285

SHAREHOLDERS' FUNDS

561,203

397,385

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 29 January 2026 and were signed by:

S Caile - Director

1.	STATUTORY INFORMATION

SBC Builders Ltd 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of the business in 2003, is now fully written down.

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.

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.

Plant and machinery etc

-

33% on reducing balance and 25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

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 year 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 year 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 year was 39 (2024 - 32 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 December 2024

and 30 November 2025

20,000

AMORTISATION

At 1 December 2024

and 30 November 2025

20,000

NET BOOK VALUE

At 30 November 2025

-

At 30 November 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2024

268,076

Additions

115,901

Disposals

(8,300

)

At 30 November 2025

375,677

DEPRECIATION

At 1 December 2024

123,451

Charge for year

48,650

Eliminated on disposal

(2,680

)

At 30 November 2025

169,421

NET BOOK VALUE

At 30 November 2025

206,256

At 30 November 2024

144,625

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 December 2024

and 30 November 2025

44,393

DEPRECIATION

At 1 December 2024

3,699

Charge for year

10,174

At 30 November 2025

13,873

NET BOOK VALUE

At 30 November 2025

30,520

At 30 November 2024

40,694

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade debtors

244,826

142,231

Amounts recoverable on contract

14,967

155,820

Other debtors

14,455

-

274,248

298,051

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Hire purchase contracts

4,560

4,560

Trade creditors

168,808

172,463

Taxation and social security

253,173

168,758

Other creditors

40,146

47,215

466,687

392,996

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.25

30.11.24

£

£

Hire purchase contracts

11,022

16,756