REGISTERED NUMBER: 04475375 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026

FOR

STEVENSON BUILDING CONTRACTORS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T N Stevenson

P R Stevenson

SECRETARY:

P R Stevenson

REGISTERED OFFICE:

Chargrove House

Shurdington Road

Cheltenham

Gloucestershire

GL51 4GA

BUSINESS ADDRESS:

Ivy Farm

Breadstone

Berkeley

Gloucestershire

GL13 9HE

REGISTERED NUMBER:

04475375 (England and Wales)

ACCOUNTANTS:

Randall & Payne LLP

Chartered Accountants

Chargrove House

Shurdington Road

Cheltenham

Gloucestershire

GL51 4GA

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

99,324

17,665

99,324

17,665

CURRENT ASSETS

Stocks

305,956

402,095

Debtors

6

564,096

459,768

Cash at bank and in hand

57,601

104,755

927,653

966,618

CREDITORS

Amounts falling due within one year

7

518,664

862,297

NET CURRENT ASSETS

408,989

104,321

TOTAL ASSETS LESS CURRENT LIABILITIES

508,313

121,986

CREDITORS

Amounts falling due after more than one year

8

42,137

-

NET ASSETS

466,176

121,986

CAPITAL AND RESERVES

Called up share capital

400

400

Retained earnings

465,776

121,586

466,176

121,986

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 October 2026 and were signed on its behalf by:

T N Stevenson - Director

P R Stevenson - Director

1.	STATUTORY INFORMATION

Stevenson Building Contractors 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

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

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of ten years.

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

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stock is valued at the lower of cost and net realisable value. Cost 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.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in the profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Work in progress is valued to reflect the accrual of the right to consideration as project activity progresses.

Costs associated with projects are included in work in progress to the extent that they cannot be matched with work invoiced as turnover. Work in progress is stated at cost plus estimated profit.

Full provision is made on all projects in the year in which as loss is first foreseen.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 22 (2025 - 22 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2025

and 31 January 2026

55,000

AMORTISATION

At 1 February 2025

and 31 January 2026

55,000

NET BOOK VALUE

At 31 January 2026

-

At 31 January 2025

-

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 February 2025

55,343

48,948

22,585

126,876

Additions

39,317

63,895

-

103,212

Disposals

(41,340

)

(11,333

)

(5,321

)

(57,994

)

At 31 January 2026

53,320

101,510

17,264

172,094

DEPRECIATION

At 1 February 2025

48,696

38,438

22,077

109,211

Charge for year

6,511

6,579

334

13,424

Eliminated on disposal

(35,290

)

(9,254

)

(5,321

)

(49,865

)

At 31 January 2026

19,917

35,763

17,090

72,770

NET BOOK VALUE

At 31 January 2026

33,403

65,747

174

99,324

At 31 January 2025

6,647

10,510

508

17,665

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

631,088

519,977

Provision for doubtful debts

(70,908

)

(70,908

)

Other debtors

-

4,611

Directors' current accounts

245

-

Prepayments and accrued income

3,671

6,088

564,096

459,768

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Hire purchase contracts

18,765

-

Trade creditors

312,831

636,646

Corporation Tax

43,246

-

Social security and other taxes

-

2,153

PAYE & NIC Control

17,886

10,121

Pensions Payable

1,976

2,932

VAT

21,736

104,163

Other creditors

23,456

42,291

Directors' current accounts

6,182

15,411

Accruals and deferred income

72,586

48,580

518,664

862,297

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts

42,137

-

9.	OTHER FINANCIAL COMMITMENTS

The company had total commitments at the year end of £33,802 (2025: £94,417).

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 31 January 2026 and the period ended 31 January 2025:

2026

2025

£

£

T N Stevenson

Balance outstanding at start of year

(648

)

(4,284

)

Amounts advanced

1,393

3,636

Amounts repaid

(500

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

245

(648

)

P R Stevenson

Balance outstanding at start of year

(14,762

)

(15,353

)

Amounts advanced

9,236

591

Amounts repaid

(656

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(6,182

)

(14,762

)

No interest is being charged on the loan and there are no set repayment terms.