Karl Moore Construction Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 05041946

KARL MOORE CONSTRUCTION LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 May 2026

KARL MOORE CONSTRUCTION LIMITED

STATEMENT OF FINANCIAL POSITION

31 May 2026

	2026		2025
Note	£	£	£

Fixed assets

Tangible assets	5		46,876	77,490

Current assets

Stocks		1,827	1,943
Debtors	6	83,492	286,297
Cash at bank and in hand		337,013	257,744
		---------	---------
		422,332	545,984

Creditors: amounts falling due within one year	7	95,242		125,687
		---------		---------
Net current assets			327,090	420,297
			---------	---------
Total assets less current liabilities			373,966	497,787

Creditors: amounts falling due after more than one year	8		–	4,409

Provisions

Taxation including deferred tax	( 7,838)	13,860
	---------	---------
Net assets	381,804	479,518
	---------	---------

Capital and reserves

Called up share capital	9	2	2
Profit and loss account		381,802	479,516
		---------	---------
Shareholder funds		381,804	479,518
		---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 May 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 member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

KARL MOORE CONSTRUCTION LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 May 2026

These financial statements were approved by the board of directors and authorised for issue on 3 November 2026 , and are signed on behalf of the board by:

K Moore
Director

Company registration number: 05041946

KARL MOORE CONSTRUCTION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MAY 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Yarrow Barn, Middlefield Farm, New Yatt Road, Witney.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Significant judgements and estimates

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.

Taxation

Tax on income represents the sum of tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the note to the accounts because of items of that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using the tax rates that have been enacted or subsequently enacted by the end of the accounting period. Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when timing differences reverse, based on current tax rates and laws. Current or deferred tax for the year is recognised in the statement of income and retained earnings.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Motor vehicles	-	25% reducing balance
Equipment	-	25% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Trade and other debtors

Trade and other debtors are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition. When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

Related parties

For the purposes of these financial statements, a party is considered to be related to the Company if:

(i) the party has the ability, directly or indirectly, through one or more intermediaries, to control the Company or exercise significant influence over the Company in making financial and operating policy decisions, or has joint control over the Company;

(ii) the Company and the party are subject to common control;

(iii) the party is an associate of the Company or a joint venture in which the Company is a venturer;

(iv) the party is a member of key management personnel of the Company or the Company's parent, or a close family member of such an individual, or is an entity under the control, joint control or significant influence of such individuals;

(v) the party is a close family member of a party referred to in (i) or is an entity under the control,joint control or significant influence of such individuals; or close family members of an individual are those family members who it may be expected to influence, or be influenced by, that individual in their dealings with the entity.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 7 (2025: 7 ).

5. Tangible assets

	Motor vehicles	Equipment	Total
	£	£	£
Cost
At 1 June 2025	157,493	4,090	161,583
Additions	–	818	818
Disposals	( 21,074)	–	( 21,074)
	---------	-------	---------
At 31 May 2026	136,419	4,908	141,327
	---------	-------	---------
Depreciation
At 1 June 2025	80,327	3,766	84,093
Charge for the year	15,341	286	15,627
Disposals	( 5,269)	–	( 5,269)
	---------	-------	---------
At 31 May 2026	90,399	4,052	94,451
	---------	-------	---------
Carrying amount
At 31 May 2026	46,020	856	46,876
	---------	-------	---------
At 31 May 2025	77,166	324	77,490
	---------	-------	---------

6. Debtors

	2026	2025
	£	£
Trade debtors	8,060	73,849
Other debtors	75,432	212,448
	--------	---------
	83,492	286,297
	--------	---------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	4,409	10,397
Trade creditors	54,510	66,502
Social security and other taxes	11,221	26,136
Other creditors	25,102	22,652
	--------	---------
	95,242	125,687
	--------	---------

8. Creditors: amounts falling due after more than one year

	2026	2025
	£	£
Bank loans and overdrafts	–	4,409
	----	-------

9. Called up share capital

Issued, called up and fully paid

	2026		2025
	No.	£	No.	£
Ordinary shares of £ 1 each	2	2	2	2
	----	----	----	----