Transform Construction (Cornwall) Limited

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—5

Registered number: 11557111

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		6,896		8,620

			6,896		8,620
CURRENT ASSETS
Stocks	5	58,468		62,000
Debtors	6	152,225		174,725
Cash at bank and in hand		2,877		8,018

		213,570		244,743
Creditors: Amounts Falling Due Within One Year	7	(156,835 )		(192,531 )

NET CURRENT ASSETS (LIABILITIES)			56,735		52,212

TOTAL ASSETS LESS CURRENT LIABILITIES			63,631		60,832

Creditors: Amounts Falling Due After More Than One Year	8		(24,528 )		(29,645 )

NET ASSETS			39,103		31,187

CAPITAL AND RESERVES
Called up share capital	9		200		200
Income Statement			38,903		30,987

SHAREHOLDERS' FUNDS			39,103		31,187

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Transform Construction (Cornwall) Limited

Statement of Financial Position (continued)

As At 31 January 2026

For the year ending 31 January 2026 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Mr Benjamin Atkinson

Director

20 October 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Transform Construction (Cornwall) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11557111 . The registered office is 25 Lemon Street, Truro, Cornwall, TR1 2LS.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20% reducing balance
Motor Vehicles	20% reducing balance
Fixtures & Fittings	20% reducing balance

2.4. Stocks and Work in Progress

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 2)

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Transform Construction (Cornwall) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 February 2025	10,257	13,050	3,260	26,567

As at 31 January 2026	10,257	13,050	3,260	26,567

Depreciation
As at 1 February 2025	6,628	8,920	2,399	17,947
Provided during the period	726	826	172	1,724

As at 31 January 2026	7,354	9,746	2,571	19,671

Net Book Value
As at 31 January 2026	2,903	3,304	689	6,896

As at 1 February 2025	3,629	4,130	861	8,620

5. Stocks

	2026	2025
	£	£
Stock	58,468	62,000

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	10,153	33,725
Other debtors	140	-
PENGWARRAS LOAN	140,586	141,000
VAT	1,346	-

	152,225	174,725

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Transform Construction (Cornwall) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	1,237	23,979
VAT	-	1,191
PAYE	-	151
NI	-	(369 )
Pension control	41	-
CIS	235	(46 )
Other creditors1	-	30,000
Barclaycard	981	1,995
Accruals and deferred income	4,956	7,071
Directors' loan accounts	149,385	128,559

	156,835	192,531

8. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bounce Back Loan	24,528	29,645

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	200	200

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