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REGISTERED NUMBER: 06499592 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

FOR

SIGNATURE ROOFING LIMITED

SIGNATURE ROOFING LIMITED (REGISTERED NUMBER: 06499592)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SIGNATURE ROOFING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2022







DIRECTOR: J Curle





REGISTERED OFFICE: 34 Radway Road
Upper Shirley
Southampton
Hampshire
SO15 7PJ





REGISTERED NUMBER: 06499592 (England and Wales)





ACCOUNTANTS: A & D Accountancy Services
34 Radway Road
Upper Shirley
Southampton
Hampshire
SO15 7PJ

SIGNATURE ROOFING LIMITED (REGISTERED NUMBER: 06499592)

BALANCE SHEET
31 MARCH 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15,564 652,092

CURRENT ASSETS
Stocks 300,000 110,000
Debtors 5 432,287 825,903
732,287 935,903
CREDITORS
Amounts falling due within one year 6 647,987 1,101,822
NET CURRENT ASSETS/(LIABILITIES) 84,300 (165,919 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

99,864

486,173

CREDITORS
Amounts falling due after more than one
year

7

298,724

401,291
NET (LIABILITIES)/ASSETS (198,860 ) 84,882

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 (198,960 ) 84,782
SHAREHOLDERS' FUNDS (198,860 ) 84,882

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

SIGNATURE ROOFING LIMITED (REGISTERED NUMBER: 06499592)

BALANCE SHEET - continued
31 MARCH 2022


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 July 2022 and were signed by:





J Curle - Director


SIGNATURE ROOFING LIMITED (REGISTERED NUMBER: 06499592)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

1. STATUTORY INFORMATION

Signature Roofing 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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 10 (2021 - 10 ) .

SIGNATURE ROOFING LIMITED (REGISTERED NUMBER: 06499592)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022

4. TANGIBLE FIXED ASSETS
Freehold Motor Computer
property vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2021 619,433 92,049 1,093 712,575
Additions 20,615 - - 20,615
Disposals (640,048 ) - - (640,048 )
At 31 March 2022 - 92,049 1,093 93,142
DEPRECIATION
At 1 April 2021 - 59,691 792 60,483
Charge for year - 17,020 75 17,095
At 31 March 2022 - 76,711 867 77,578
NET BOOK VALUE
At 31 March 2022 - 15,338 226 15,564
At 31 March 2021 619,433 32,358 301 652,092

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 385,271 778,618
Tax 13,610 13,610
VAT 33,406 33,675
432,287 825,903

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 16,071 15,333
Other loans - 160,000
Hire purchase contracts 31,445 44,811
Trade creditors 479,115 747,337
Tax - 33,505
Social security and other taxes 98,427 71,550
Pension liability 2,403 2,426
Directors' current accounts 17,416 23,950
Accrued expenses 3,110 2,910
647,987 1,101,822

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2022 2021
£    £   
Bank loans more 5 yr by instal 298,724 401,291

SIGNATURE ROOFING LIMITED (REGISTERED NUMBER: 06499592)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2022 2021
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 298,724 401,291

8. SECURED DEBTS

The following secured debts are included within creditors:

2022 2021
£    £   
Bank loans 298,724 401,291

National Westminster Bank PLC has taken out fixed charge on 3 and 4 Camden Street Gosport PO12 3LU.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Retained
earnings
£   

At 1 April 2021 84,782
Deficit for the year (283,742 )
At 31 March 2022 (198,960 )