Caseware UK (AP4) 2022.0.179 2022.0.179 trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.No description of principal activity2true2022-04-01false3 10610705 2022-04-01 2023-03-31 10610705 2023-03-31 10610705 2021-04-01 2022-03-31 10610705 2022-03-31 10610705 c:Director1 2022-04-01 2023-03-31 10610705 d:CurrentFinancialInstruments 2023-03-31 10610705 d:CurrentFinancialInstruments 2022-03-31 10610705 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 10610705 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 10610705 d:ShareCapital 2023-03-31 10610705 d:ShareCapital 2022-03-31 10610705 d:RetainedEarningsAccumulatedLosses 2023-03-31 10610705 d:RetainedEarningsAccumulatedLosses 2022-03-31 10610705 c:OrdinaryShareClass1 2022-04-01 2023-03-31 10610705 c:OrdinaryShareClass1 2023-03-31 10610705 c:OrdinaryShareClass1 2022-03-31 10610705 c:FRS102 2022-04-01 2023-03-31 10610705 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 10610705 c:FullAccounts 2022-04-01 2023-03-31 10610705 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 10610705













Roofclad Systems Limited

Financial statements
Information for filing with the registrar

31 March 2023




 
Roofclad Systems Limited


Balance sheet
At 31 March 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
74,137
2,000

Cash at bank and in hand
  
44,656
-

  
118,793
2,000

Creditors: amounts falling due within one year
 5 
(106,143)
-

Net current assets
  
 
 
12,650
 
 
2,000

Total assets less current liabilities
  
12,650
2,000

  

Net assets
  
12,650
2,000


Capital and reserves
  

Called up share capital 
  
2,000
2,000

Profit and loss account
  
10,650
-

Shareholders' funds
  
12,650
2,000


The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 19 September 2023.




A Tilley
Director

1

 
Roofclad Systems Limited

Company registered number: 10610705
The notes on pages 3 to 4 form part of these financial statements. 

2

 
Roofclad Systems Limited
 
 

Notes to the financial statements
Year ended 31 March 2023

1.


General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Wylam Close, Stephenson Industrial Estate, Washington, NE37 3BE.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

 
2.4

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2022 - 2).

3

 
Roofclad Systems Limited
 
 

Notes to the financial statements
Year ended 31 March 2023

4.


Debtors

2023
2022
£
£


Trade debtors
72,137
-

Other debtors
2,000
2,000

74,137
2,000



5.


Creditors: amounts falling due within one year

2023
2022
£
£

Corporation tax
2,498
-

Other taxation and social security
3,044
-

Amounts due to related party
98,601
-

Accruals and deferred income
2,000
-

106,143
-



6.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



2,000 (2022 - 2,000) Ordinary shares of £1.00 each
2,000
2,000



7.


Related party transactions

During the year the company recieved a loan of £98,601 from Mitrepoint Limited. (A company in which A W Tilley and D W Tilley are directors). At the year end the company owed £98,601 (2022: £Nil). The loan is unsecured, interest free and repayable on demand. 

 
4