Amicus Construction Limited - Period Ending 2026-03-31

Registration number: 10599384

Amicus Construction Limited

Unaudited Filleted Financial Statements

for the year ended 31 March 2026

Amicus Construction Limited

Directors' Report for the year ended 31 March 2026

The directors present their report and the financial statements for the year ended 31 March 2026.

Directors of the company

The directors who held office during the year were as follows:

Mr S Charleston

Mr A Siechnyi

Principal activity

The principal activity of the company is building and development.

Going concern

The directors are of the opinion that the company is a going concern and has prepared financial statements on this basis.

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 21 October 2026 and signed on its behalf by:

.........................................
Mr S Charleston
Director

.........................................
Mr A Siechnyi
Director

Amicus Construction Limited

(Registration number: 10599384)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	5	31,181	35,279
Current assets
Stocks	6	500	500
Debtors	7	115,665	248,265
Cash at bank and in hand		2,834	58,907
		118,999	307,672
Creditors: Amounts falling due within one year	8	(143,792)	(94,838)
Net current (liabilities)/assets		(24,793)	212,834
Total assets less current liabilities		6,388	248,113
Provisions		175	(1,924)
Net assets		6,563	246,189
Capital and reserves
Called up share capital		1,000	1,000
Retained earnings		5,563	245,189
Shareholders' funds		6,563	246,189

Amicus Construction Limited

(Registration number: 10599384)
Balance Sheet as at 31 March 2026 (continued)

For the financial 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their 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 directors have not delivered to the registrar a copy of the Profit and Loss Account and Directors' Report.

Approved and authorised by the Board on 21 October 2026 and signed on its behalf by:

.........................................
Mr S Charleston
Director

.........................................
Mr A Siechnyi
Director

Amicus Construction Limited

Notes to the Unaudited Financial Statements for the year ended 31 March 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:
2C Nightingale Road
Wendover
Aylesbury
HP22 6JX

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.

The financial statements are prepared in sterling which is the functional currency of the company and rounded to the nearest £1.

Going concern

The financial statements have been prepared on a going concern basis, with management having given due consideration to the company’s ability to continue as a going concern for at least the next twelve months.

Amicus Construction Limited

Notes to the Unaudited Financial Statements for the year ended 31 March 2026 (continued)

2	Accounting policies (continued)

Revenue recognition

Turnover represents amounts receivable for construction services provided in the ordinary course of business, net of value added tax and any trade discounts.

Where the outcome of a construction contract can be estimated reliably, contract revenue and associated contract costs are recognised by reference to the stage of completion of the contract at the reporting date. The stage of completion is determined by reference to the proportion of contract costs incurred for work performed to date compared with the estimated total contract costs.

Where the outcome of a construction contract cannot be estimated reliably, revenue is recognised only to the extent of contract costs incurred that are considered recoverable, and contract costs are recognised as an expense as incurred.

Where it is probable that total contract costs will exceed total contract revenue, the expected loss is recognised immediately in profit or loss.

Finance income and costs policy

Interest income is recognised when it is probable that the economic benefits will flow to the company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding and the effective interest rate applicable.

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.

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.

Amicus Construction Limited

Notes to the Unaudited Financial Statements for the year ended 31 March 2026 (continued)

2	Accounting policies (continued)

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:

Depreciation method and rate for tangible assets
Asset class	Depreciation method and rate
Office equipment	30% straight line
Plant and machinery	25% reducing balance
Motor vehicles	25% reducing balance

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 stocks 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.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors 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.

Amicus Construction Limited

Notes to the Unaudited Financial Statements for the year ended 31 March 2026 (continued)

2	Accounting policies (continued)

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.

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.

Financial instruments

The company has basic financial instruments which are classified, measured and accounted for according to the substance of the contractual arrangement, as financial assets or financial liabilities. The company has not entered into any complex financial instruments.

3	Staff numbers

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

Amicus Construction Limited

Notes to the Unaudited Financial Statements for the year ended 31 March 2026 (continued)

Taxation

Deferred tax assets and liabilities

2026	Asset £	Liability £
Accelerated capital allowances	-	1,210
Tax losses carry-forwards	1,385	-
	1,385	1,210

5	Tangible assets

Furniture, fittings and equipment
£

Motor vehicles
£

Plant and machinery
£

Total
£

Cost or valuation

At 1 April 2025

6,204

68,990

3,528

78,722

Additions

5,309

-

2,436

7,745

Disposals

(430)

-

(593)

(1,023)

At 31 March 2026

11,083

68,990

5,371

85,444

Depreciation

At 1 April 2025

3,439

37,510

2,494

43,443

Charge for the year

2,918

7,870

805

11,593

Eliminated on disposal

(430)

-

(343)

(773)

At 31 March 2026

5,927

45,380

2,956

54,263

Carrying amount

At 31 March 2026

5,156

23,610

2,415

31,181

At 31 March 2025

2,765

31,480

1,034

35,279

6

Stocks

2026
£

2025
£

Other inventories

500

500

Amicus Construction Limited

Notes to the Unaudited Financial Statements for the year ended 31 March 2026 (continued)

Debtors

Current	2026 £	2025 £
Trade debtors	-	8,433
Prepayments	3,354	2,041
Other debtors	112,311	237,791
	115,665	248,265

Amicus Construction Limited

Notes to the Unaudited Financial Statements for the year ended 31 March 2026 (continued)

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Trade creditors	56,686	16,478
Taxation and social security	19,404	54,213
Accruals and deferred income	52,972	23,244
Other creditors	14,730	903
	143,792	94,838

9	Provisions for liabilities

	Deferred tax £	Total £
At 1 April 2025	1,924	1,924
Increase (decrease) in existing provisions	(2,099)	(2,099)
At 31 March 2026	(175)	(175)

10	Share capital

Allotted, called up and fully paid shares

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

Dividends

Interim dividends paid

	2026 £	2025 £
Interim dividend of £106.00 (2025 - £127.50) per each Ordinary shares	106,000	127,500

Amicus Construction Limited

Notes to the Unaudited Financial Statements for the year ended 31 March 2026 (continued)

12	Related party transactions

Transactions with directors

2026	At 1 April 2025 £	Advances to director £	Repayments by director £	At 31 March 2026 £
Mr S Charleston
Transactions during the year.The loans are unsecured, repayable on demand and bear interest at HMRC's official rate of interest	23,575	86,284	(79,152)	30,706


Mr A Siechnyi
Transactions during the year.The loans are unsecured, repayable on demand and bear interest at HMRC's official rate of interest	17,568	37,142	(51,762)	2,949

Page 11

Amicus Construction Limited

Notes to the Unaudited Financial Statements for the year ended 31 March 2026 (continued)

12	Related party transactions (continued)

2025	At 1 April 2024 £	Advances to director £	Repayments by director £	At 31 March 2025 £
Mr S Charleston
Transactions during the year.The loans are unsecured, repayable on demand and bear interest at HMRC's official rate of interest	14,414	98,186	(89,026)	23,575


Mr A Siechnyi
Transactions during the year.The loans are unsecured, repayable on demand and bear interest at HMRC's official rate of interest	32,387	43,917	(58,735)	17,568

Page 12

	Furniture, fittings and equipment £	Motor vehicles £	Plant and machinery £	Total £
Cost or valuation
At 1 April 2025	6,204	68,990	3,528	78,722
Additions	5,309	-	2,436	7,745
Disposals	(430)	-	(593)	(1,023)
At 31 March 2026	11,083	68,990	5,371	85,444
Depreciation
At 1 April 2025	3,439	37,510	2,494	43,443
Charge for the year	2,918	7,870	805	11,593
Eliminated on disposal	(430)	-	(343)	(773)
At 31 March 2026	5,927	45,380	2,956	54,263
Carrying amount
At 31 March 2026	5,156	23,610	2,415	31,181
At 31 March 2025	2,765	31,480	1,034	35,279