IRIS Accounts Production v23.2.0.158 09270425 Board of Directors Board of Directors 1.11.21 31.10.22 31.10.22 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh092704252021-10-31092704252022-10-31092704252021-11-012022-10-31092704252020-10-31092704252020-11-012021-10-31092704252021-10-3109270425ns10:Originalns15:EnglandWales2021-11-012022-10-3109270425ns14:PoundSterlingns10:Original2021-11-012022-10-3109270425ns10:Originalns10:Director12021-11-012022-10-3109270425ns10:Original2021-11-012022-10-3109270425ns10:Originalns10:Director22021-11-012022-10-3109270425ns10:Original2022-10-3109270425ns10:Originalns10:PrivateLimitedCompanyLtd2021-11-012022-10-3109270425ns10:Originalns10:SmallEntities2021-11-012022-10-3109270425ns10:Originalns10:AuditExempt-NoAccountantsReport2021-11-012022-10-3109270425ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2021-11-012022-10-3109270425ns10:SmallCompaniesRegimeForAccountsns10:Original2021-11-012022-10-3109270425ns10:Originalns10:FullAccounts2021-11-012022-10-3109270425ns10:Original12021-11-012022-10-3109270425ns10:Originalns10:RegisteredOffice2021-11-012022-10-3109270425ns10:Original2021-10-3109270425ns10:Originalns5:CurrentFinancialInstruments2022-10-3109270425ns10:Originalns5:CurrentFinancialInstruments2021-10-3109270425ns5:ShareCapitalns10:Original2022-10-3109270425ns5:ShareCapitalns10:Original2021-10-3109270425ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-10-3109270425ns10:Originalns5:RetainedEarningsAccumulatedLosses2021-10-3109270425ns10:Originalns5:NetGoodwill2021-11-012022-10-3109270425ns5:IntangibleAssetsOtherThanGoodwillns10:Original2021-11-012022-10-3109270425ns10:Originalns5:PlantMachinery2021-11-012022-10-3109270425ns10:Original2020-11-012021-10-3109270425ns10:Originalns5:NetGoodwill2021-10-3109270425ns10:Originalns5:NetGoodwill2022-10-3109270425ns10:Originalns5:NetGoodwill2021-10-3109270425ns10:Originalns5:PlantMachinery2021-10-3109270425ns10:Originalns5:PlantMachinery2022-10-3109270425ns10:Originalns5:PlantMachinery2021-10-3109270425ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-3109270425ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2021-10-3109270425ns10:Original1ns10:Director12021-10-3109270425ns10:Original1ns10:Director12020-10-3109270425ns10:Original1ns10:Director12021-11-012022-10-3109270425ns10:Original1ns10:Director12020-11-012021-10-3109270425ns10:Original1ns10:Director12022-10-3109270425ns10:Original1ns10:Director12021-10-3109270425ns10:Originalns10:Director222021-10-3109270425ns10:Originalns10:Director222020-10-3109270425ns10:Originalns10:Director222021-11-012022-10-3109270425ns10:Originalns10:Director222020-11-012021-10-3109270425ns10:Originalns10:Director222022-10-3109270425ns10:Originalns10:Director222021-10-31
REGISTERED NUMBER: 09270425 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 October 2022

for

SOLUTIONS ROOFING & CONSTRUCTION LIMITED

SOLUTIONS ROOFING & CONSTRUCTION LIMITED (REGISTERED NUMBER: 09270425)






Contents of the Financial Statements
for the Year Ended 31 October 2022




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


SOLUTIONS ROOFING & CONSTRUCTION LIMITED

Company Information
for the Year Ended 31 October 2022







DIRECTORS: S Turner
J Thomson





REGISTERED OFFICE: 4 Sudley Road
Bognor Regis
West Sussex
PO21 1EU





REGISTERED NUMBER: 09270425 (England and Wales)





ACCOUNTANTS: Adams Beeny Limited
4 Sudley Road
Bognor Regis
West Sussex
PO21 1EU

SOLUTIONS ROOFING & CONSTRUCTION LIMITED (REGISTERED NUMBER: 09270425)

Statement of Financial Position
31 October 2022

31.10.22 31.10.21
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 9,898 13,197
9,898 13,197

CURRENT ASSETS
Stocks 7,600 3,800
Debtors 6 91,957 72,029
Cash at bank 6,392 10,365
105,949 86,194
CREDITORS
Amounts falling due within one year 7 114,793 96,919
NET CURRENT LIABILITIES (8,844 ) (10,725 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,054

2,472

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 954 2,372
SHAREHOLDERS' FUNDS 1,054 2,472

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2022 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.

SOLUTIONS ROOFING & CONSTRUCTION LIMITED (REGISTERED NUMBER: 09270425)

Statement of Financial Position - continued
31 October 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 Board of Directors and authorised for issue on 18 August 2023 and were signed on its behalf by:




S Turner - Director



J Thomson - Director


SOLUTIONS ROOFING & CONSTRUCTION LIMITED (REGISTERED NUMBER: 09270425)

Notes to the Financial Statements
for the Year Ended 31 October 2022

1. STATUTORY INFORMATION

Solutions Roofing & Construction 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc - 25% on reducing balance

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

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

SOLUTIONS ROOFING & CONSTRUCTION LIMITED (REGISTERED NUMBER: 09270425)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2022

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2021
and 31 October 2022 20,000
AMORTISATION
At 1 November 2021
and 31 October 2022 20,000
NET BOOK VALUE
At 31 October 2022 -
At 31 October 2021 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2021
and 31 October 2022 32,421
DEPRECIATION
At 1 November 2021 19,224
Charge for year 3,299
At 31 October 2022 22,523
NET BOOK VALUE
At 31 October 2022 9,898
At 31 October 2021 13,197

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.22 31.10.21
£    £   
Trade debtors 76,549 63,124
Other debtors 15,408 8,905
91,957 72,029

SOLUTIONS ROOFING & CONSTRUCTION LIMITED (REGISTERED NUMBER: 09270425)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2022

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.22 31.10.21
£    £   
Trade creditors 49,906 33,866
Taxation and social security 32,448 27,956
Other creditors 32,439 35,097
114,793 96,919

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 October 2022 and 31 October 2021:

31.10.22 31.10.21
£    £   
S Turner
Balance outstanding at start of year (7,913 ) (6,889 )
Amounts advanced 22,674 19,092
Amounts repaid (22,000 ) (20,116 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (7,239 ) (7,913 )

J Thomson
Balance outstanding at start of year 2,332 2,655
Amounts advanced 20,587 17,677
Amounts repaid (22,000 ) (18,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 919 2,332

The Director's loans are interest free and repayable on demand.

The loan was repaid within 9 months of the year end.

9. RELATED PARTY DISCLOSURES

The Company remained under the control of its Directors'.