fmb.org.uk
fmb.org.uk
Financial Statements
2024 £
Note
2023 £
Fixed Assets Intangible Assets
295,859
13
415,369
Federation of Master Builders Limited (A company limited by guarantee)
3,348,537
Tangible Assets
14
3,337,470
-
Investments
15
-
Consolidated Statement of Comprehensive Income For the year ended 31 December 2024
2,139,000
Investment Property
16
2,139,000
5,783,396
5,891,839
2024 £
Note
2023 £
Current Assets Debtors: amounts falling due within one year
5,399,332
Turnover
4
5,274,040
594,632
17
403,513
(485,087)
Cost of Sales
(619,378)
Gross profit
4,914,245
4,654,662
1,578,398
Cash at bank and in hand
18
1,962,195
2,173,030
2,365,708
(5,477,279)
Administrative expenses income
(5,437,542)
0
Other operating
5
17,865
19 (1,088,826)
Creditors: amounts falling due within one year
(1,175,713)
Operating Loss
(563,034)
6
(765,015)
Net current (liabilities)/assets
1,084,203
1,189,995
Total assets less current liabilities
6,867,599
7,081,834
308,075
Income received from fixed assets investments
279,747
40,618
Interest receivable and similar income
10
31634
Provisions for liabilities Deferred taxation
0
Realised gain on the sale of investment property
0
(477,639)
21
(477,639)
(Loss)/ profit before taxation
(214,342)
(453,634)
Net assets
6,389,960
6,604,195
0
Tax on (loss)/ profit
0
(Loss)/ profit for the financial year
(214,342)
(453,634)
Capital and reserves Revaluation reserve
502,256
502,256
–
Property revaluation and Release of unrealised gains on disposal of property Deferred tax movement on disposal of property / revaluation of property
(1,240,000)
5,887,704
Profit and loss account
6,102,046
–
21
302,982
6,389,960
6,604,302
Other comprehensive income for the year
–
(937,018)
The financial statements were approved and authorised for issue by the board and were signed on its behalf by: C S Carr , Director – 23rd July 2025.
Total comprehensive income for the year
–
(1,390,652)
The notes on pages 19 to 49 form part of these financial statements.
(Loss)/ profit for the year attributable to: Owners of the parent company
(214,342)
(453,634)
The notes on pages 19 to 49 form part of these financial statements.
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Federation of Master Builders Annual Report 2025
Federation of Master Builders Annual Report 2025
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