IRIS Accounts Production v23.1.0.753 05172479 Board of Directors 1.8.22 31.7.23 31.7.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure051724792022-07-31051724792023-07-31051724792022-08-012023-07-31051724792021-07-31051724792021-08-012022-07-31051724792022-07-3105172479ns16:EnglandWales2022-08-012023-07-3105172479ns15:PoundSterling2022-08-012023-07-3105172479ns11:Director12022-08-012023-07-3105172479ns11:PrivateLimitedCompanyLtd2022-08-012023-07-3105172479ns11:SmallEntities2022-08-012023-07-3105172479ns11:AuditExempt-NoAccountantsReport2022-08-012023-07-3105172479ns11:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-3105172479ns11:SmallCompaniesRegimeForAccounts2022-08-012023-07-3105172479ns11:FullAccounts2022-08-012023-07-310517247912022-08-012023-07-3105172479ns11:Director22022-08-012023-07-3105172479ns11:Director32022-08-012023-07-3105172479ns11:Director42022-08-012023-07-3105172479ns11:Director52022-08-012023-07-3105172479ns11:CompanySecretary12022-08-012023-07-3105172479ns11:RegisteredOffice2022-08-012023-07-3105172479ns6:CurrentFinancialInstruments2023-07-3105172479ns6:CurrentFinancialInstruments2022-07-3105172479ns6:Non-currentFinancialInstruments2023-07-3105172479ns6:Non-currentFinancialInstruments2022-07-3105172479ns6:ShareCapital2023-07-3105172479ns6:ShareCapital2022-07-3105172479ns6:RetainedEarningsAccumulatedLosses2023-07-3105172479ns6:RetainedEarningsAccumulatedLosses2022-07-3105172479ns6:PlantMachinery2022-08-012023-07-3105172479ns6:FurnitureFittings2022-08-012023-07-3105172479ns6:MotorVehicles2022-08-012023-07-3105172479ns6:ComputerEquipment2022-08-012023-07-3105172479ns6:NetGoodwill2022-07-3105172479ns6:NetGoodwill2023-07-3105172479ns6:NetGoodwill2022-07-3105172479ns6:PlantMachinery2022-07-3105172479ns6:FurnitureFittings2022-07-3105172479ns6:MotorVehicles2022-07-3105172479ns6:ComputerEquipment2022-07-3105172479ns6:PlantMachinery2023-07-3105172479ns6:FurnitureFittings2023-07-3105172479ns6:MotorVehicles2023-07-3105172479ns6:ComputerEquipment2023-07-3105172479ns6:PlantMachinery2022-07-3105172479ns6:FurnitureFittings2022-07-3105172479ns6:MotorVehicles2022-07-3105172479ns6:ComputerEquipment2022-07-3105172479ns6:WithinOneYearns6:CurrentFinancialInstruments2023-07-3105172479ns6:WithinOneYearns6:CurrentFinancialInstruments2022-07-31
REGISTERED NUMBER: 05172479 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

FOR

ROLES BRODERICK ROOFING LIMITED

ROLES BRODERICK ROOFING LIMITED (REGISTERED NUMBER: 05172479)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ROLES BRODERICK ROOFING LIMITED

COMPANY INFORMATION
for the Year Ended 31 July 2023







DIRECTORS: P A Roles
Mrs C L Roles
B E Clark
C Chapman
M Walker





SECRETARY: Mrs C L Roles





REGISTERED OFFICE: 4 High Street
Chobham
Surrey
GU24 8AA





REGISTERED NUMBER: 05172479 (England and Wales)





ACCOUNTANTS: Kingfisher Business Advisors Ltd
Chartered Accountants
2 High St
Chobham
Woking
Surrey
GU24 8AA

ROLES BRODERICK ROOFING LIMITED (REGISTERED NUMBER: 05172479)

BALANCE SHEET
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 57,801 38,477
57,801 38,477

CURRENT ASSETS
Stocks 104,080 82,161
Debtors 6 954,629 869,753
Cash at bank 265,021 75,328
1,323,730 1,027,242
CREDITORS
Amounts falling due within one year 7 962,582 624,058
NET CURRENT ASSETS 361,148 403,184
TOTAL ASSETS LESS CURRENT
LIABILITIES

418,949

441,661

CREDITORS
Amounts falling due after more than one year 8 (61,829 ) (35,217 )

PROVISIONS FOR LIABILITIES (4,581 ) (6,764 )
NET ASSETS 352,539 399,680

CAPITAL AND RESERVES
Called up share capital 105 105
Retained earnings 352,434 399,575
SHAREHOLDERS' FUNDS 352,539 399,680

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 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.

ROLES BRODERICK ROOFING LIMITED (REGISTERED NUMBER: 05172479)

BALANCE SHEET - continued
31 July 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 October 2023 and were signed on its behalf by:





P A Roles - Director


ROLES BRODERICK ROOFING LIMITED (REGISTERED NUMBER: 05172479)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Roles Broderick 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.
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost
Computer equipment - 25% on cost

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 Statement of Income and Retained Earnings, 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.

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.

ROLES BRODERICK ROOFING LIMITED (REGISTERED NUMBER: 05172479)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2023

2. ACCOUNTING POLICIES - continued

Revenue recognition
Contract income is recognised by reference to the stage of completion based on services performed to date.
Provided that the outcome of contracts can be assessed with reasonable certainty, the revenues and costs on such contracts are recognised based on stage of completion and the overall contract profitability.

Progress payments received for each contract, when greater than the revenue calculated by reference to the stage of completion, is deferred and added to other creditors.

Revenue is accrued where the final gross margin achieved on contracts, completed after the year end, is in excess of the margin recorded on the contract at the year end date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 29 (2022 - 21 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2022
and 31 July 2023 141,284
AMORTISATION
At 1 August 2022
and 31 July 2023 141,284
NET BOOK VALUE
At 31 July 2023 -
At 31 July 2022 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 August 2022 184,705 6,591 5,853 23,520 220,669
Additions 19,315 - 31,492 8,785 59,592
Disposals (5,000 ) - (2,300 ) - (7,300 )
At 31 July 2023 199,020 6,591 35,045 32,305 272,961
DEPRECIATION
At 1 August 2022 147,462 6,591 5,853 22,286 182,192
Charge for year 28,659 - 7,873 3,736 40,268
Eliminated on disposal (5,000 ) - (2,300 ) - (7,300 )
At 31 July 2023 171,121 6,591 11,426 26,022 215,160
NET BOOK VALUE
At 31 July 2023 27,899 - 23,619 6,283 57,801
At 31 July 2022 37,243 - - 1,234 38,477

ROLES BRODERICK ROOFING LIMITED (REGISTERED NUMBER: 05172479)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors 795,958 670,133
Other debtors 158,671 199,620
954,629 869,753

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Bank loans and overdrafts 5,961 7,937
Hire purchase contracts 21,387 17,292
Trade creditors 378,883 336,590
Taxation and social security 41,347 42,067
Other creditors 515,004 220,172
962,582 624,058

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.23 31.7.22
£    £   
Hire purchase contracts 61,829 35,217