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Company Registration No. 10491916 (England and Wales)
Contextual Construction Limited Unaudited accounts for the year ended 30 November 2025
Contextual Construction Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Contextual Construction Limited Company Information for the year ended 30 November 2025
Directors
Divina Pillay David Barry
Company Number
10491916 (England and Wales)
Registered Office
23 Ickworth Park Road London London E17 6LN England
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Contextual Construction Limited Statement of financial position as at 30 November 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
4
90,000
97,000
Current assets
Debtors
5
418
419
Cash at bank and in hand
550
337
968
756
Creditors: amounts falling due within one year
6
(25,815)
(25,565)
Net current liabilities
(24,847)
(24,809)
Total assets less current liabilities
65,153
72,191
Creditors: amounts falling due after more than one year
7
(64,960)
(64,960)
Provisions for liabilities
Deferred tax
(483)
(1,813)
Net (liabilities)/assets
(290)
5,418
Capital and reserves
Called up share capital
8
100
100
Fair value reserve
1,905
8,422
Profit and loss account
(2,295)
(3,104)
Shareholders' funds
(290)
5,418
For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 17 August 2026 and were signed on its behalf by
David Barry Director Company Registration No. 10491916
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Contextual Construction Limited Notes to the Accounts for the year ended 30 November 2025
1
Statutory information
Contextual Construction Limited is a private company, limited by shares, registered in England and Wales, registration number 10491916. The registered office is 23 Ickworth Park Road, London, London, E17 6LN, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Significant judgements and estimates
In the preparation of the financial statements, it is necessary for the management of the company to make estimates and certain presumptions that can affect the valuation of the assets and liabilities and the outcome of the income statement. The actual outcome may differ from these estimates and presumptions. The most significant estimates made in these accounts relates to the valuation of investment properties. Valuations are made on an open market value basis by reference to market evidence of transaction prices for similar properties.
Investment property
Investment properties are properties which are held either to earn rental income or for capital appreciation or for both. Investment properties are recognised initially at cost which includes the purchase cost and any directly attributable expenditure. Subsequent to initial recognition investment properties are held at fair value. Any gains or losses arising from changes in the fair value are recognised in profit or loss in the period that they arise. No depreciation is provided in respect of investment properties applying the fair value model.
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 statement of financial position date.
Deferred taxation
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 accounts. 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.
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Contextual Construction Limited Notes to the Accounts for the year ended 30 November 2025
Going concern
The financial statements have been prepared on the going concern basis which the Directors believe to be appropriate. The company continues with the support of its directors and shareholders.
4
Investment property
2025
£
Fair value at 1 December 2024
97,000
Net loss from fair value adjustments
(7,000)
At 30 November 2025
90,000
The fair value of the investment property has been arrived at on the basis of a valuation carried out at 18 August 2025 by the Directors. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties. Fair value at 30 November 2025 is represented by: Valuation in 2025 - £(7,000) Valuation in 2020 - £10,235 Cost - £86,765
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Accrued income and prepayments
418
419
6
Creditors: amounts falling due within one year
2025
2024
£
£
Loans from directors
24,975
24,725
Accruals
840
840
25,815
25,565
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
64,960
64,960
Aggregate of amounts that fall due for payment after five years
64,960
64,960
The loan is secured by way of first fixed charge as a legal mortgage against the investment property together with all buildings, fixtures and fixed plant and machinery.
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Contextual Construction Limited Notes to the Accounts for the year ended 30 November 2025
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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