31 March 2022 false No description of principal activity Taxfiler 2023.9.1 07213009business:PrivateLimitedCompanyLtd2022-03-312023-03-30 072130092022-03-30 072130092022-03-312023-03-30 07213009business:AuditExempt-NoAccountantsReport2022-03-312023-03-30 07213009business:FilletedAccounts2022-03-312023-03-30 072130092023-03-30 07213009business:Director12022-03-312023-03-30 07213009business:Director22022-03-312023-03-30 07213009business:Director32022-03-312023-03-30 07213009business:CompanySecretary12022-03-312023-03-30 07213009business:RegisteredOffice2022-03-312023-03-30 072130092022-03-30 07213009core:WithinOneYear2023-03-30 07213009core:WithinOneYear2022-03-30 07213009core:AfterOneYear2023-03-30 07213009core:AfterOneYear2022-03-30 07213009core:ShareCapitalcore:PreviouslyStatedAmount2023-03-30 07213009core:ShareCapitalcore:PreviouslyStatedAmount2022-03-30 07213009core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-30 07213009core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-30 07213009core:PreviouslyStatedAmount2023-03-30 07213009core:PreviouslyStatedAmount2022-03-30 07213009business:SmallEntities2022-03-312023-03-30 07213009countries:EnglandWales2022-03-312023-03-30 07213009core:PlantMachinery2022-03-312023-03-30 07213009core:MotorVehicles2022-03-312023-03-30 07213009core:FurnitureFittings2022-03-312023-03-30 07213009core:ComputerEquipment2022-03-312023-03-30 07213009core:PlantMachinery2022-03-30 07213009core:MotorVehicles2022-03-30 07213009core:FurnitureFittings2022-03-30 07213009core:ComputerEquipment2022-03-30 07213009core:PlantMachinery2023-03-30 07213009core:MotorVehicles2023-03-30 07213009core:FurnitureFittings2023-03-30 07213009core:ComputerEquipment2023-03-30 07213009core:WithinOneYear2022-03-312023-03-30 072130092021-03-312022-03-30 iso4217:GBP xbrli:pure
Company Registration No. 07213009 (England and Wales)
CLAY & SLATE ROOFING PRODUCTS LIMITED Unaudited accounts for the year ended 30 March 2023
CLAY & SLATE ROOFING PRODUCTS LIMITED Unaudited accounts Contents
Page
- 2 -
CLAY & SLATE ROOFING PRODUCTS LIMITED Company Information for the year ended 30 March 2023
Directors
Robert JohnTurnbull Ian Turnbull Mathew McFarlane
Secretary
Beryl Turnbull
Company Number
07213009 (England and Wales)
Registered Office
Unit 2, Empress Heights, College Street Southampton England SO14 3LA
Accountants
Fresh Accounting & Legal Limited 7, Bell Yard London WC2A 2JR
- 3 -
CLAY & SLATE ROOFING PRODUCTS LIMITED Statement of financial position as at 30 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
40,282 
20,530 
Current assets
Inventories
1,116,073 
816,073 
Debtors
1,302,339 
1,122,200 
Cash at bank and in hand
50,981 
204,324 
2,469,393 
2,142,597 
Creditors: amounts falling due within one year
(1,858,850)
(1,695,331)
Net current assets
610,543 
447,266 
Total assets less current liabilities
650,825 
467,796 
Creditors: amounts falling due after more than one year
(38,873)
(58,595)
Provisions for liabilities
Deferred tax
(7,654)
(3,901)
Net assets
604,298 
405,300 
Capital and reserves
Called up share capital
50,000 
50,000 
Profit and loss account
554,298 
355,300 
Shareholders' funds
604,298 
405,300 
For the year ending 30 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 directors acknowledge their 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 of Directors and authorised for issue on 23 October 2023 and were signed on its behalf by
Ian Turnbull Director Company Registration No. 07213009
- 4 -
CLAY & SLATE ROOFING PRODUCTS LIMITED Notes to the Accounts for the year ended 30 March 2023
1
Statutory information
CLAY & SLATE ROOFING PRODUCTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07213009. The registered office is Unit 2, Empress Heights, , College Street, Southampton, England, SO14 3LA.
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
20% on reducing balance
Motor vehicles
25% on reducing balance
Fixtures & fittings
20% on reducing balance
Computer equipment
33% on cost
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
- 5 -
CLAY & SLATE ROOFING PRODUCTS LIMITED Notes to the Accounts for the year ended 30 March 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 31 March 2022
40,282 
13,795 
6,961 
5,733 
66,771 
Additions
- 
31,850 
- 
- 
31,850 
At 30 March 2023
40,282 
45,645 
6,961 
5,733 
98,621 
Depreciation
At 31 March 2022
21,379 
13,196 
5,934 
5,732 
46,241 
Charge for the year
3,781 
8,112 
205 
- 
12,098 
At 30 March 2023
25,160 
21,308 
6,139 
5,732 
58,339 
Net book value
At 30 March 2023
15,122 
24,337 
822 
1 
40,282 
At 30 March 2022
18,903 
599 
1,027 
1 
20,530 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,291,464 
977,942 
Accrued income and prepayments
10,875 
11,063 
Other debtors
- 
133,195 
1,302,339 
1,122,200 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
304,674 
288,967 
Obligations under finance leases and hire purchase contracts
5,004 
5,606 
Trade creditors
926,967 
809,512 
Taxes and social security
32,561 
60,996 
Other creditors
589,644 
525,450 
Accruals
- 
4,800 
1,858,850 
1,695,331 
The following secured debts are included within Creditors: RBS Memorandum Discounting 2022- £403,467 {2021- £584,696}. RBS Invoice Finance Limited and National Westminster Bank PLC both have fixed and floating charges over the undertaking and all property and assets present and future, including goodwill, book debts, uncalled capital, buildings, fixtures fixed plant & machinery.
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
32,070 
41,777 
Obligations under finance leases and hire purchase contracts
6,803 
16,818 
38,873 
58,595 
- 6 -
CLAY & SLATE ROOFING PRODUCTS LIMITED Notes to the Accounts for the year ended 30 March 2023
8
Average number of employees
During the year the average number of employees was 6 (2022: 6).
- 7 -