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REGISTERED NUMBER: 02152346 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 December 2021

for

County Roofing (Gloucester) Limited

County Roofing (Gloucester) Limited (Registered number: 02152346)






Contents of the Financial Statements
for the year ended 31 December 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


County Roofing (Gloucester) Limited

Company Information
for the year ended 31 December 2021







DIRECTORS: J D Perkins
P J Wood





REGISTERED OFFICE: County House
Hempsted Lane
Hempsted
Gloucester
GL2 5JA





REGISTERED NUMBER: 02152346 (England and Wales)





ACCOUNTANTS: Clayton & Brewill
Chartered Accountants
Cawley House
149-155 Canal Street
Nottingham
Nottinghamshire
NG1 7HR

County Roofing (Gloucester) Limited (Registered number: 02152346)

Balance Sheet
31 December 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 204,657 258,678
Investments 5 25,000 25,000
229,657 283,678

CURRENT ASSETS
Stocks 383,617 -
Debtors 6 364,640 785,096
Cash at bank and in hand 1,436,094 1,710,316
2,184,351 2,495,412
CREDITORS
Amounts falling due within one year 7 1,302,584 1,774,097
NET CURRENT ASSETS 881,767 721,315
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,111,424

1,004,993

CAPITAL AND RESERVES
Called up share capital 8 111 111
Capital redemption reserve 200 200
Retained earnings 1,111,113 1,004,682
SHAREHOLDERS' FUNDS 1,111,424 1,004,993

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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.

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 Board of Directors and authorised for issue on 7 March 2022 and were signed on its behalf by:





P J Wood - Director


County Roofing (Gloucester) Limited (Registered number: 02152346)

Notes to the Financial Statements
for the year ended 31 December 2021

1. STATUTORY INFORMATION

County Roofing (Gloucester) 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 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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Tangible fixed assets
All assets are initially recorded at cost.

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

Plant and Machinery - 10% on reducing balance
Motor Vehicles - 25% on reducing balance
Equipment - 10% on reducing balance

Work in progress
Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

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.

County Roofing (Gloucester) Limited (Registered number: 02152346)

Notes to the Financial Statements - continued
for the year ended 31 December 2021

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2020 - 12 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2021 529,834
Additions 2,008
At 31 December 2021 531,842
DEPRECIATION
At 1 January 2021 271,156
Charge for year 56,029
At 31 December 2021 327,185
NET BOOK VALUE
At 31 December 2021 204,657
At 31 December 2020 258,678


5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2021
and 31 December 2021 25,000
NET BOOK VALUE
At 31 December 2021 25,000
At 31 December 2020 25,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors 287,201 768,685
Other debtors 77,439 16,411
364,640 785,096

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Bank loans and overdrafts - 50,000
Trade creditors 669,969 627,399
Amounts owed to associates 344,822 393,708
Taxation and social security 116,469 370,660
Other creditors 171,324 332,330
1,302,584 1,774,097

County Roofing (Gloucester) Limited (Registered number: 02152346)

Notes to the Financial Statements - continued
for the year ended 31 December 2021

8. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2021 2020
value: £    £   
111 Ordinary 'A' £1 111 111

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2021 and 31 December 2020:

2021 2020
£    £   
**UNKNOWN DIRECTOR 1**
Balance outstanding at start of year - 48,379
Amounts repaid - (48,379 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -