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REGISTERED NUMBER: 09027142 (England and Wales)












Financial Statements

for the Year Ended 31 March 2018

for

EXACT ROOFING & BUILDING SERVICES LTD

EXACT ROOFING & BUILDING SERVICES LTD (REGISTERED NUMBER: 09027142)






Contents of the Financial Statements
for the Year Ended 31 March 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


EXACT ROOFING & BUILDING SERVICES LTD

Company Information
for the Year Ended 31 March 2018







DIRECTORS: S M C Fitzgerald
Mrs C L Fitzgerald





SECRETARY:





REGISTERED OFFICE: Unit 19b
The Wren Centre
Westbourne Road
Emsworth
Hampshire
PO10 7SU





REGISTERED NUMBER: 09027142 (England and Wales)





ACCOUNTANTS: Loveless & Co Accountants Ltd
Unit 19b
The Wren Centre
Westbourne Road
Emsworth
Hampshire
PO10 7SU

EXACT ROOFING & BUILDING SERVICES LTD (REGISTERED NUMBER: 09027142)

Balance Sheet
31 March 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 6,000 7,000
Tangible assets 5 1,754 2,340
7,754 9,340

CURRENT ASSETS
Debtors 6 45,901 60,236
Cash at bank 12,844 36,351
58,745 96,587
CREDITORS
Amounts falling due within one year 7 34,071 60,136
NET CURRENT ASSETS 24,674 36,451
TOTAL ASSETS LESS CURRENT
LIABILITIES

32,428

45,791

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 32,328 45,691
SHAREHOLDERS' FUNDS 32,428 45,791

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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.

EXACT ROOFING & BUILDING SERVICES LTD (REGISTERED NUMBER: 09027142)

Balance Sheet - continued
31 March 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 25 September 2018 and were signed on its behalf by:





S M C Fitzgerald - Director


EXACT ROOFING & BUILDING SERVICES LTD (REGISTERED NUMBER: 09027142)

Notes to the Financial Statements
for the Year Ended 31 March 2018

1. STATUTORY INFORMATION

Exact Roofing & Building Services Ltd 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any
accumulated amortisation and any accumulated impairment losses.

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 etc - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

EXACT ROOFING & BUILDING SERVICES LTD (REGISTERED NUMBER: 09027142)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2017
and 31 March 2018 10,000
AMORTISATION
At 1 April 2017 3,000
Charge for year 1,000
At 31 March 2018 4,000
NET BOOK VALUE
At 31 March 2018 6,000
At 31 March 2017 7,000

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2017
and 31 March 2018 4,907
DEPRECIATION
At 1 April 2017 2,567
Charge for year 586
At 31 March 2018 3,153
NET BOOK VALUE
At 31 March 2018 1,754
At 31 March 2017 2,340

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 7,992 -
Other debtors 37,909 60,236
45,901 60,236

EXACT ROOFING & BUILDING SERVICES LTD (REGISTERED NUMBER: 09027142)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 793 (1,512 )
Taxation and social security 31,468 59,998
Other creditors 1,810 1,650
34,071 60,136

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S M C Fitzgerald.