REGISTERED NUMBER: 08360753 (England and Wales)

INTRABUILD LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Greenway

N Vukmirovic

K B Needham

C Teri

REGISTERED OFFICE:

Suite D, The Business Centre

Faringdon Avenue

Romford

Essex

RM3 8EN

REGISTERED NUMBER:

08360753 (England and Wales)

ACCOUNTANTS:

Clay Ratnage Daffin & Co Limited

Chartered Accountants

Suite D, The Business Centre

Faringdon Avenue

Romford

Essex

RM3 8EN

FIXED ASSETS

Intangible assets

4

54,907

57,795

Tangible assets

5

11,824

12,231

66,731

70,026

CURRENT ASSETS

Debtors

6

838,661

163,933

Cash at bank

335,536

96,169

1,174,197

260,102

CREDITORS

Amounts falling due within one year

7

1,138,211

309,016

NET CURRENT ASSETS/(LIABILITIES)

35,986

(48,914

)

TOTAL ASSETS LESS CURRENT LIABILITIES

102,717

21,112

CREDITORS

Amounts falling due after more than one year

8

-

(19,120

)

PROVISIONS FOR LIABILITIES

11

(2,699

)

-

NET ASSETS

100,018

1,992

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

100,017

1,991

100,018

1,992

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 3 September 2026 and were signed on its behalf by:

A Greenway - Director

1.	STATUTORY INFORMATION

Intrabuild 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. The principal activity of the company was that of contractor work specialising in interior fit-out and refurbishment projects.

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.

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

-

the amount of revenue can be measured reliably;

-

it is probable that the company will receive the consideration due under the contract;

-

the stage of completion of the contract at the end of the reporting period can be measured reliably; and

-

the costs incurred and the costs to complete the contract can be measured reliably.

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.

Computer software is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Other fixed assets

-

25% on reducing balance

Office equipment

-

25% on reducing balance

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price adjusted for transaction costs, (except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently measured at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Discounting is omitted where the effect of discounting is immaterial. The company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

Classification of financial liabilities: Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other creditors, bank loans, loans from fellow group companies, other loans and preference shares that are classified as debt, are initially measured at their transaction price adjusted for transaction costs, (except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss), and are subsequently measured at their amortised cost using the effective interest method, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Amounts payable including trade creditors are classified as current liabilities if the payment is due within one year. If not, they are presented as non-current liabilities. Trade creditors are initially recognised at their transaction price and are subsequently measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

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

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.

Interest income

Interest income is recognised in profit or loss using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2025 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 July 2025

and 30 June 2026

163,327

AMORTISATION

At 1 July 2025

105,532

Charge for year

2,888

At 30 June 2026

108,420

NET BOOK VALUE

At 30 June 2026

54,907

At 30 June 2025

57,795

5.	TANGIBLE FIXED ASSETS

Other

fixed

Office

assets

equipment

Totals

£

£

£

COST

At 1 July 2025

14,874

2,633

17,507

Additions

-

3,132

3,132

At 30 June 2026

14,874

5,765

20,639

DEPRECIATION

At 1 July 2025

3,270

2,006

5,276

Charge for year

2,900

639

3,539

At 30 June 2026

6,170

2,645

8,815

NET BOOK VALUE

At 30 June 2026

8,704

3,120

11,824

At 30 June 2025

11,604

627

12,231

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

638,991

148,852

Amounts owed by associates

142,372

-

Other debtors

57,298

15,081

838,661

163,933

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts (see note 9)

-

4,487

Trade creditors

257,675

-

Taxation and social security

424,820

16,319

Other creditors

455,716

288,210

1,138,211

309,016

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans (see note 9)

-

19,120

9.

LOANS

An analysis of the maturity of loans is given below:

2026

2025

£

£

Amounts falling due within one year or on demand:

Bank loans

-

4,487

Amounts falling due between one and two years:

Bank loans - 1-2 years

-

4,600

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

14,520

10.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

£

Within one year

8,707

-

Between one and five years

3,991

-

12,698

-

11.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

Accelerated capital allowances

2,699

-

Deferred

tax

£

Charge to Income Statement during year

2,699

Balance at 30 June 2026

2,699

12.	PENSION COMMITMENTS

The company operates defined contribution pension schemes for the benefit of the directors and employees. The assets of the schemes are held separately from those of the company in independently administered funds. The pension cost represents contributions payable by the company to the funds and amounted to £5,334 (2025 - £Nil). There were no contributions payable to the fund at the balance sheet date.

13.	RELATED PARTY DISCLOSURES

2026

2025

£

£

Amounts due from associated companies

142,372

-

Loans between related parties are unsecured and interest free.