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

COMPANY REGISTRATION NUMBER: 01724919

CONSTRUCTION PROFILES LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 March 2026

CONSTRUCTION PROFILES LIMITED

STATEMENT OF FINANCIAL POSITION

31 March 2026

	2026		2025
Note	£	£	£

FIXED ASSETS

Tangible assets	5		96,704	58,588

CURRENT ASSETS

Stock and work in progress	6	37,800	44,055
Debtors	7	683,378	1,178,501
Cash at bank and in hand		939,180	1,116,029
		------------	------------
		1,660,358	2,338,585

CREDITORS: amounts falling due within one year	8	667,580		1,329,086
		------------		------------
NET CURRENT ASSETS			992,778	1,009,499
			------------	------------
TOTAL ASSETS LESS CURRENT LIABILITIES			1,089,482	1,068,087

CREDITORS: amounts falling due after more than one year	9		7,655	–

PROVISIONS

Taxation including deferred tax	13,892	14,610
	------------	------------
NET ASSETS	1,067,935	1,053,477
	------------	------------

CAPITAL AND RESERVES

Called up share capital	10	1,000	1,000
Profit and loss account		1,066,935	1,052,477
		------------	------------
SHAREHOLDERS FUNDS		1,067,935	1,053,477
		------------	------------

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 31 March 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 .

CONSTRUCTION PROFILES LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 10 September 2026 , and are signed on behalf of the board by:

Mr S C Yiend

Director

Company registration number: 01724919

CONSTRUCTION PROFILES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

Year ended 31 March 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 Carriage House, Little Broom Street, Highgate, Birmingham, B12 OEU.

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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Revenue recognition

Turnover represents amounts due in respect of long-term contracts, based upon the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts is recognised by reference to the stage of completion. Retentions are shown in turnover as they are released.

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.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

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:

Leasehold property expenditure	-	Equal instalments over the period of the lease
Plant, fixtures and computers	-	25% and 15% Reducing balance
Motor vehicles	-	25% reducing balance

Stock and work in progress

Stock is valued at the lower of cost and net realisable value. Cost is determined on a first in first out basis and net realisable value represents estimated selling price. Provision is made for slow moving, obsolete or damaged stock where the net realisable value is less than the cost. Long term contract balances included in stocks and work in progress comprise costs incurred on long term contracts, net of amounts transferred to cost of sales, after deducting foreseeable losses and related payments on account. Costs include all direct material and labour costs incurred in bringing a contract to its state of completion at the year end, including an appropriate proportion of indirect expenses. Provisions for estimated losses on contracts are made in the period in which such losses are foreseen. Long term balances do not include any attributable profit. The excess of payments received over amounts recorded as turnover is classified under creditors due within one year. Amounts recoverable on contracts, being the amount by which recorded turnover is in excess of payments on account, is classified under debtors.

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.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 14 (2025: 13 ).

5. TANGIBLE ASSETS

	Leasehold property expenditure	Plant, fixtures and computers	Motor vehicles	Total
	£	£	£	£
Cost
At 1 April 2025	18,926	140,079	63,872	222,877
Additions	–	–	69,266	69,266
	--------	---------	---------	---------
At 31 March 2026	18,926	140,079	133,138	292,143
	--------	---------	---------	---------
Depreciation
At 1 April 2025	18,926	117,163	28,200	164,289
Charge for the year	–	4,915	26,235	31,150
	--------	---------	---------	---------
At 31 March 2026	18,926	122,078	54,435	195,439
	--------	---------	---------	---------
Carrying amount
At 31 March 2026	–	18,001	78,703	96,704
	--------	---------	---------	---------
At 31 March 2025	–	22,916	35,672	58,588
	--------	---------	---------	---------

6. STOCK AND WORK IN PROGRESS

	2026	2025
	£	£
Raw materials and consumables	1,000	1,000
Work in progress	36,800	43,055
	--------	--------
	37,800	44,055
	--------	--------

7. DEBTORS

	2026	2025
	£	£
Trade debtors	647,827	989,068
Prepayments and accrued income	17,991	17,123
Other debtors	17,560	172,310
	---------	------------
	683,378	1,178,501
	---------	------------

8. CREDITORS: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	546,413	1,210,890
Corporation tax	7,562	11,395
Social security and other taxes	85,123	92,447
Other creditors	28,482	14,354
	---------	------------
	667,580	1,329,086
	---------	------------

9. CREDITORS: amounts falling due after more than one year

	2026	2025
	£	£
Other creditors	7,655	–
	-------	----

10. CALLED UP SHARE CAPITAL

Issued, called up and fully paid

	2026		2025
	No.	£	No.	£
Ordinary shares of £ 1 each	1,000	1,000	1,000	1,000
	-------	-------	-------	-------

11. OTHER FINANCIAL COMMITMENTS

At the balance sheet date the company had total commitments under operating leases of £16,484 (2025:£3,637).