1 April 2022 false No description of principal activity Taxfiler 2023.9.1 10797112business:PrivateLimitedCompanyLtd2022-04-012023-03-31 107971122022-03-31 107971122022-04-012023-03-31 10797112business:AuditExempt-NoAccountantsReport2022-04-012023-03-31 10797112business:FilletedAccounts2022-04-012023-03-31 107971122023-03-31 10797112business:Director12022-04-012023-03-31 10797112business:RegisteredOffice2022-04-012023-03-31 107971122022-03-31 10797112core:WithinOneYear2023-03-31 10797112core:WithinOneYear2022-03-31 10797112core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 10797112core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 10797112core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 10797112core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 10797112core:PreviouslyStatedAmount2023-03-31 10797112core:PreviouslyStatedAmount2022-03-31 10797112business:SmallEntities2022-04-012023-03-31 10797112countries:EnglandWales2022-04-012023-03-31 10797112core:PlantMachinery2022-04-012023-03-31 10797112core:PlantMachinery2022-03-31 10797112core:PlantMachinery2023-03-31 107971122021-04-012022-03-31 iso4217:GBP xbrli:pure
Company Registration No. 10797112 (England and Wales)
TY SLATER ROOFING LTD Unaudited accounts for the year ended 31 March 2023
TY SLATER ROOFING LTD Unaudited accounts Contents
Page
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TY SLATER ROOFING LTD Company Information for the year ended 31 March 2023
Director
T Slater
Company Number
10797112 (England and Wales)
Registered Office
155 WINDSOR AVENUE CHEAM SUTTON SM3 9RY ENGLAND
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TY SLATER ROOFING LTD Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,187 
6,375 
Current assets
Debtors
61,421 
41,798 
Cash at bank and in hand
66,801 
20,546 
128,222 
62,344 
Creditors: amounts falling due within one year
(61,419)
(39,937)
Net current assets
66,803 
22,407 
Total assets less current liabilities
69,990 
28,782 
Provisions for liabilities
Deferred tax
(606)
(1,211)
Net assets
69,384 
27,571 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
69,284 
27,471 
Shareholders' funds
69,384 
27,571 
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 October 2023 and were signed on its behalf by
T Slater Director Company Registration No. 10797112
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TY SLATER ROOFING LTD Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
TY SLATER ROOFING LTD is a private company, limited by shares, registered in England and Wales, registration number 10797112. The registered office is 155 WINDSOR AVENUE, CHEAM, SUTTON, SM3 9RY, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on cost basis
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted.
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TY SLATER ROOFING LTD Notes to the Accounts for the year ended 31 March 2023
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2022
28,433 
At 31 March 2023
28,433 
Depreciation
At 1 April 2022
22,058 
Charge for the year
3,188 
At 31 March 2023
25,246 
Net book value
At 31 March 2023
3,187 
At 31 March 2022
6,375 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
12,050 
871 
Other debtors
49,371 
40,927 
61,421 
41,798 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
16,880 
22,568 
Taxes and social security
11,808 
- 
Accruals
32,731 
17,369 
61,419 
39,937 
7
Transactions with related parties
Mr. T Slater, the director of the company, owns 100% of the issued share capital. Dividends were paid during the year as follows:- 2023 £18,808 and 2022 £4,404
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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