1 1 SD Construction (South West) Limited 05415167 false 2025-04-01 2026-03-31 2026-03-31 The principal activity of the company is that of construction Digita Accounts Production Advanced 6.30.9574.0 true 05415167 2025-04-01 2026-03-31 05415167 2026-03-31 05415167 bus:Director1 1 2026-03-31 05415167 bus:OrdinaryShareClass1 2026-03-31 05415167 core:CurrentFinancialInstruments 2026-03-31 05415167 core:CurrentFinancialInstruments core:WithinOneYear 2026-03-31 05415167 core:FurnitureFittingsToolsEquipment 2026-03-31 05415167 core:MotorVehicles 2026-03-31 05415167 core:OtherPropertyPlantEquipment 2026-03-31 05415167 bus:SmallEntities 2025-04-01 2026-03-31 05415167 bus:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 05415167 bus:FilletedAccounts 2025-04-01 2026-03-31 05415167 bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 05415167 bus:RegisteredOffice 2025-04-01 2026-03-31 05415167 bus:Director1 2025-04-01 2026-03-31 05415167 bus:Director1 1 2025-04-01 2026-03-31 05415167 bus:OrdinaryShareClass1 2025-04-01 2026-03-31 05415167 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 05415167 bus:Agent1 2025-04-01 2026-03-31 05415167 core:FurnitureFittingsToolsEquipment 2025-04-01 2026-03-31 05415167 core:MotorVehicles 2025-04-01 2026-03-31 05415167 core:OfficeEquipment 2025-04-01 2026-03-31 05415167 core:OtherPropertyPlantEquipment 2025-04-01 2026-03-31 05415167 core:PlantMachinery 2025-04-01 2026-03-31 05415167 countries:EnglandWales 2025-04-01 2026-03-31 05415167 2025-03-31 05415167 bus:Director1 1 2025-03-31 05415167 core:FurnitureFittingsToolsEquipment 2025-03-31 05415167 core:MotorVehicles 2025-03-31 05415167 core:OtherPropertyPlantEquipment 2025-03-31 05415167 2024-04-01 2025-03-31 05415167 2025-03-31 05415167 bus:Director1 1 2025-03-31 05415167 bus:OrdinaryShareClass1 2025-03-31 05415167 core:CurrentFinancialInstruments 2025-03-31 05415167 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 05415167 core:FurnitureFittingsToolsEquipment 2025-03-31 05415167 core:MotorVehicles 2025-03-31 05415167 core:OtherPropertyPlantEquipment 2025-03-31 05415167 bus:Director1 1 2024-04-01 2025-03-31 05415167 bus:Director1 1 2024-03-31 xbrli:pure iso4217:GBP xbrli:shares

Registration number: 05415167

SD Construction (South West) Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 March 2026

SD Construction (South West) Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 8

SD Construction (South West) Limited

Company Information

Director | Mr A S Duncan

Registered office | 58 Leys Road Chelston Torquay Devon TQ2 6ED

Accountants | Neil Wilson & Co Chartered Accountants Bank Chambers 260-262 Union Street Torquay Devon TQ2 5QU

SD Construction (South West) Limited

(Registration number: 05415167)
Balance Sheet as at 31 March 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Tangible assets | 4 | 5,789 | 7,719
Current assets |  |  |
Stocks | 5 | 3,500 | 3,726
Debtors | 6 | 750 | -
|  | 4,250 | 3,726
Creditors: Amounts falling due within one year | 7 | (44,934) | (39,222)
Net current liabilities |  | (40,684) | (35,496)
Net liabilities |  | (34,895) | (27,777)
Capital and reserves |  |  |
Called up share capital | 8 | 1 | 1
Retained earnings |  | (34,896) | (27,778)
Shareholders' deficit |  | (34,895) | (27,777)

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.

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 in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the director on 3 June 2026

......................................... Mr A S Duncan Director

SD Construction (South West) 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:
58 Leys Road
Chelston
Torquay
Devon
TQ2 6ED
United Kingdom

These financial statements were authorised for issue by the director on 3 June 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.

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

SD Construction (South West) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Motor vehicles | 25% Reducing balance
Office equipment | 25% reducing balance

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.

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.

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.

SD Construction (South West) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2025 - 1).

SD Construction (South West) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

4 | Tangible assets

| Furniture, fittings and equipment £ | Motor vehicles £ | Other tangible assets £ | Total £
Cost or valuation
At 1 April 2025 | 320 | 18,288 | 1,020 | 19,628
At 31 March 2026 | 320 | 18,288 | 1,020 | 19,628
Depreciation
At 1 April 2025 | 320 | 10,573 | 1,016 | 11,909
Charge for the year | - | 1,929 | 1 | 1,930
At 31 March 2026 | 320 | 12,502 | 1,017 | 13,839
Carrying amount
At 31 March 2026 | - | 5,786 | 3 | 5,789
At 31 March 2025 | - | 7,715 | 4 | 7,719

5 | Stocks

| 2026 £ | 2025 £
Work in progress | 3,500 | 3,726

6 | Debtors

Current | 2026 £ | 2025 £
Trade debtors | 750 | -
| 750 | -

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2026 £ | 2025 £
Due within one year |  |  |
Loans and borrowings | 9 | 1,580 | 6,112
Taxation and social security |  | 1,487 | 854
Accruals and deferred income |  | 1,000 | 1,075
Other creditors |  | 40,867 | 31,181
|  | 44,934 | 39,222

SD Construction (South West) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

8 | Share capital

Allotted, called up and fully paid shares

| 2026 | 2025
| No. | £ | No. | £
Ordinary of £1 each | 1 | 1 | 1 | 1

9 | Loans and borrowings

Current loans and borrowings

| 2026 £ | 2025 £
Bank borrowings | 1,256 | 3,350
Bank overdrafts | 324 | 2,762
| 1,580 | 6,112

10 | Dividends

11 | Related party transactions

Transactions with the director

2026 | At 1 April 2025 £ | Other payments made to company by director £ | At 31 March 2026 £
Mr A S Duncan
Director loan | (31,181) | (9,686) | (40,867)

2025 | At 1 April 2024 £ | Advances to director £ | At 31 March 2025 £
Mr A S Duncan
Director loan | (27,931) | (3,250) | (31,181)

SD Construction (South West) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Director's remuneration

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

| 2026 £ | 2025 £
Remuneration | 12,570 | 12,570