REGISTERED NUMBER: 05370010 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

HOUSE OF BUILDING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D Mizon

Mr J A Brauer-Jones

REGISTERED OFFICE:

5 Church Street

Reigate

Surrey

RH2 0AA

REGISTERED NUMBER:

05370010 (England and Wales)

ACCOUNTANTS:

Galloways Accounting (Horsham) Limited

Ridgeland House

15 Carfax

Horsham

West Sussex

RH12 1ER

FIXED ASSETS

Tangible assets

4

54,836

43,139

CURRENT ASSETS

Stocks

556,825

57,500

Debtors

5

294,717

505,378

Cash at bank and in hand

178,573

517,763

1,030,115

1,080,641

CREDITORS

Amounts falling due within one year

6

(1,008,241

)

(915,898

)

NET CURRENT ASSETS

21,874

164,743

TOTAL ASSETS LESS CURRENT LIABILITIES

76,710

207,882

CREDITORS

Amounts falling due after more than one year

7

(2,627

)

-

PROVISIONS FOR LIABILITIES

(12,481

)

(9,389

)

NET ASSETS

61,602

198,493

CAPITAL AND RESERVES

Called up share capital

400

400

Retained earnings

61,202

198,093

61,602

198,493

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 28 September 2026 and were signed on its behalf by:

Mr D Mizon - Director

1.	STATUTORY INFORMATION

House of Building Limited 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.

Critical accounting judgements and key sources of estimation uncertainty

The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are as follows:

Provision for bad or doubtful debts

A provision for bad and doubtful debts is established where it is estimated that trade or other debtors are not fully recoverable. When assessing recoverability the Directors consider factors such as the ageing of the receivables, past experience of recoverrability, and the credit profile off individual or groups of debtors.

Impairment of fixed assets

Determine whether there are indicators of impairment of the company's fixed assets. Factors taken into consideration in reaching such a decision include the economic viability and expected future financial performance of the asset and where it is a component of a larger cash-generating unit, the viability and expected future performance of that unit.

Tangible fixed assets

Tangible fixed assets are depreciated over their useful lives taking into account residual values, where appropriate. The actual lives of the assets and residual values are assessed annually and may vary depending on a number of factors. In re-assessing asset lives, factors such as technological innovation, product life cycles and maintenance programmes are taken into account. Residual value assessments consider issued such as future market conditions, the remaining life of the asset and projected disposal values.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2025 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2025

11,900

48,998

24,088

84,986

Additions

18,472

11,729

-

30,201

At 31 March 2026

30,372

60,727

24,088

115,187

DEPRECIATION

At 1 April 2025

6,461

21,407

13,979

41,847

Charge for year

5,978

9,999

2,527

18,504

At 31 March 2026

12,439

31,406

16,506

60,351

NET BOOK VALUE

At 31 March 2026

17,933

29,321

7,582

54,836

At 31 March 2025

5,439

27,591

10,109

43,139

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

105,237

87,558

Amounts owed by associates

53,457

377,067

Directors' current accounts

29,422

-

Prepayments and accrued income

106,601

40,753

294,717

505,378

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

-

45,207

Hire purchase contracts (see note 8)

6,304

-

Trade creditors

222,831

203,565

Amounts owed to associates

174,251

-

Tax

105,727

107,120

Social security and other taxes

26,857

36,617

VAT

141,310

227,654

Other creditors

57

14,826

Directors' current accounts

2,008

139,012

Accruals and deferred income

328,896

141,897

1,008,241

915,898

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts (see note 8)

2,627

-

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2026

2025

£

£

Net obligations repayable:

Within one year

6,304

-

Between one and five years

2,627

-

8,931

-

Non-cancellable

operating leases

2026

2025

£

£

Within one year

20,397

17,552

Between one and five years

60,998

60,179

81,395

77,731

9.	RELATED PARTY DISCLOSURES

At the year end the company was owed £29,422 by the director, D Mizon (2025: owed by the company £133,378).

At the year end the company was owed £NIL (2025: £27,004) from House of Energy Limited, owed £174,251 (2025: owed by £350,063) to Empty Developments Limited and owed £53,457 (2025: NIL) to House of Building Group Limited. These companies have a director and shareholder connected with this company.