Company Registration No. 12441302 (England and Wales)
Vivid Builders Limited
Unaudited accounts
for the year ended 28 February 2026
Vivid Builders Limited
Statement of financial position
as at 28 February 2026
Tangible assets
724,221
722,939
Cash at bank and in hand
8,887
17,674
Creditors: amounts falling due within one year
(535,814)
(579,575)
Net current liabilities
(526,641)
(561,601)
Total assets less current liabilities
197,580
161,338
Provisions for liabilities
Deferred tax
(58,768)
(58,768)
Net assets
138,812
102,570
Called up share capital
100
100
Profit and loss account
138,712
102,470
Shareholders' funds
138,812
102,570
For the year ending 28 February 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 5 October 2026 and were signed on its behalf by
Dave Penney
Director
Company Registration No. 12441302
Vivid Builders Limited
Notes to the Accounts
for the year ended 28 February 2026
Vivid Builders Limited is a private company, limited by shares, registered in England and Wales, registration number 12441302. The registered office is 5 Herbert Road, Clevedon, BS21 7ND, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
No depreciation
Plant & machinery
25% reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 March 2025
720,000
3,822
723,822
At 28 February 2026
720,000
6,488
726,488
Charge for the year
-
1,384
1,384
At 28 February 2026
-
2,267
2,267
At 28 February 2026
720,000
4,221
724,221
At 28 February 2025
720,000
2,939
722,939
Amounts falling due within one year
Accrued income and prepayments
286
300
Vivid Builders Limited
Notes to the Accounts
for the year ended 28 February 2026
6
Creditors: amounts falling due within one year
2026
2025
Loans from directors
535,416
579,176
7
Average number of employees
During the year the average number of employees was 2 (2025: 2).