Registration number: 03789152

Rexstone Builders Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 9

Rexstone Builders Limited

Company Information

Director

Mr N Jeffery

Company secretary

Mrs J Jeffery

Registered office

Gatehouse Cottages Gatehouse Lane Framfield Uckfield East Sussex England TN22 5RS

Accountants

Brookes Sivyer Chartered AccountantsPO Box 533 Newquay Cornwall TR7 9DJ

Rexstone Builders Limited

(Registration number: 03789152)
Balance Sheet as at 30 June 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	20,164	26,468
Current assets
Stocks	5	84,479	51,330
Debtors	6	9,437	5,954
Cash at bank and in hand		63,908	97,092
		157,824	154,376
Creditors: Amounts falling due within one year	7	(60,686)	(62,048)
Net current assets		97,138	92,328
Total assets less current liabilities		117,302	118,796
Creditors: Amounts falling due after more than one year	7	-	(2,621)
Provisions for liabilities		(5,041)	(6,617)
Net assets		112,261	109,558
Capital and reserves
Called up share capital	8	200	200
Retained earnings		112,061	109,358
Shareholders' funds		112,261	109,558

For the financial 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.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 20 October 2026
 

......................................... Mr N Jeffery Director

Rexstone Builders Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Gatehouse Cottages
Gatehouse Lane
Framfield
Uckfield
East Sussex
TN22 5RS
England

These financial statements were authorised for issue by the director on 20 October 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Rexstone Builders Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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 and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant & machinery	25% Reducing balance method
Office equipment	33% Straight line basis
Motor vehicles	25% Reducing balance method
Fixtures & fittings	25% Reducing balance method

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Rexstone Builders Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2025 - 2).

Rexstone Builders Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

4	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Other tangible assets £	Total £
Cost or valuation
At 1 July 2025	27,391	53,956	67,249	148,596
Additions	-	-	2,369	2,369
At 30 June 2026	27,391	53,956	69,618	150,965
Depreciation
At 1 July 2025	23,809	44,462	53,857	122,128
Charge for the year	2,358	2,374	3,941	8,673
At 30 June 2026	26,167	46,836	57,798	130,801
Carrying amount
At 30 June 2026	1,224	7,120	11,820	20,164
At 30 June 2025	3,582	9,494	13,392	26,468

5

Stocks

	2026 £	2025 £
Work in progress	84,479	51,330

6

Debtors

Current	2026 £	2025 £
Trade debtors	3,979	-
Prepayments	5,458	5,954
	9,437	5,954

Rexstone Builders Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

7

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Loans and borrowings	9	6,711	13,991
Trade creditors		20,227	13,920
Taxation and social security		20,988	25,904
Accruals and deferred income		3,000	3,000
Other creditors		9,760	5,233
		60,686	62,048

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings	9	-	2,621

8	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary "A" Shares of £1 each	100	100	100	100
Ordinary "B" Shares of £1 each	100	100	100	100
	200	200	200	200

Rexstone Builders Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

9	Loans and borrowings

Non-current loans and borrowings

	2026 £	2025 £
Bank borrowings	-	2,621

Current loans and borrowings

	2026 £	2025 £
Bank borrowings	2,635	10,441
Other borrowings	4,076	3,550
	6,711	13,991

Bank borrowings

Bank loan is denominated in sterling with a nominal interest rate of 2.5%%, and the final instalment is due on 30 September 2026. The carrying amount at year end is £2,635 (2025 - £13,062). The bank loan is unsecured.

10

Dividends

Interim dividends paid

		2026 £		2025 £
Interim dividend of £180.00 (2025 - £240.00) per each Ordinary "A" Shares		18,000		24,000
Interim dividend of £180.00 (2025 - £240.00) per each Ordinary "B" Shares		18,000		24,000
		36,000		48,000

Rexstone Builders Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

11	Related party transactions

Transactions with the director

2026	At 1 July 2025 £	Advances to director £	Repayments by director £	At 30 June 2026 £
Mr N Jeffery
Directors Loan Account	-	9,804	(9,804)	-

Director's remuneration

The director's remuneration for the year was as follows:

	2026 £	2025 £
Remuneration	12,570	12,570
Contributions paid to money purchase schemes	500	-
	13,070	12,570

During the year the number of directors who were receiving benefits and share incentives was as follows:

	2026 No.	2025 No.
Accruing benefits under money purchase pension scheme	1	-

 

Dividends paid to the director

		2026 £		2025 £
Mr N Jeffery
Dividends		18,000		24,000