Sumner and Tulloch Construction Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 13447706

Sumner and Tulloch Construction Limited

Unaudited financial statements

30 June 2026

Sumner and Tulloch Construction Limited

Statement of financial position

30 June 2026

	2026		2025
Note	£	£	£	£

Fixed assets

Tangible assets	5		53,185		71,190

Current assets

Stocks		16,498	–
Debtors	6	98,786	127,491
Cash at bank and in hand		84,652	97,956
		---------	---------
		199,936	225,447

Creditors: Amounts falling due within one year	7	( 91,766)		( 92,531)
		---------		---------
Net current assets			108,170		132,916
			---------		---------
Total assets less current liabilities			161,355		204,106

Creditors: Amounts falling due after more than one year	8		( 14,681)		( 19,444)

Provisions

Taxation including deferred tax	( 13,296)	( 17,798)
	---------	---------
Net assets	133,378	166,864
	---------	---------

Capital and reserves

Called up share capital	400	400
Profit and loss account	132,978	166,464
	---------	---------
Shareholders funds	133,378	166,864
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 June 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Sumner and Tulloch Construction Limited

Statement of financial position (continued)

30 June 2026

These financial statements were approved by the board of directors and authorised for issue on 28 August 2026 , and are signed on behalf of the board by:

R P Sumner

Director

Company registration number: 13447706

Sumner and Tulloch Construction Limited

Notes to the financial statements

Year ended 30 June 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6 Stonefields Blooms Hall Lane, Stanstead, Sudbury, Suffolk, CO10 9BY.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis.

Revenue recognition

Turnover is recognised at the fair value of the consideration received or receivable in the ordinary course of business, and is shown net of Value Added Tax. Where services are rendered under a contract, revenue is recognised based on the stage of completion at the reporting date-provided the outcome can be reliably estimated. If not, revenue is recognised only to the extent that expenses incurred are expected to be recoverable. When it is probable that total contract costs will exceed total contract turnover, the expected loss is recognised as an expense immediately. When the outcome of a contract cannot be estimated reliably, turnover is recognised only to the extent of costs that it is probable will be recovered.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	25% reducing balance
Motor vehicles	-	25% reducing balance
Equipment	-	25% straight line

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

4. Employee numbers

The average number of employees during the year was 3 (2025: 3 ).

5. Tangible assets

	Plant and machinery	Motor vehicles	Equipment	Total
	£	£	£	£
Cost
At 1 July 2025 and 30 June 2026	17,214	92,577	1,976	111,767
	-------	-------	------	---------
Depreciation
At 1 July 2025	8,362	31,386	829	40,577
Charge for the year	2,213	15,298	494	18,005
	-------	-------	------	---------
At 30 June 2026	10,575	46,684	1,323	58,582
	-------	-------	------	---------
Carrying amount
At 30 June 2026	6,639	45,893	653	53,185
	-------	-------	------	---------
At 30 June 2025	8,852	61,191	1,147	71,190
	-------	-------	------	---------

6. Debtors

	2026	2025
	£	£
Trade debtors	15,883	–
Prepayments and accrued income	59,642	105,321
Other debtors	23,261	22,170
	-------	---------
	98,786	127,491
	-------	---------

7. Creditors: Amounts falling due within one year

	2026	2025
	£	£
Trade creditors	42,047	27,073
Social security and other taxes	40,884	46,196
Other creditors	8,835	19,262
	-------	-------
	91,766	92,531
	-------	-------

Obligations under hire purchase agreements amounting to £4,763 (2025: £4,763) are secured on the assets concerned .

8. Creditors: Amounts falling due after more than one year

	2026	2025
	£	£
Other creditors	14,681	19,444
	-------	-------

Obligations under hire purchase agreements amounting to £14,681 (2025: £19,444) are secured on the assets concerned.

9. Directors' advances, credits and guarantees

Included within debtors at the year end are directors loan accounts of £23,261 (2025: £2,731). The maximum overdrawn balance during the year was £27,354. Interest of £130 was charged at the official rate.