Registered number
11796506
Roofer and Builder Ltd
Filleted Accounts
31 January 2023
Roofer and Builder Ltd
Registered number: 11796506
Director's Report
The director presents his report and accounts for the year ended 31 January 2023.
Principal activities
The company's principal activity during the year was that of roofing and building services.
Directors
The following persons served as directors during the year:
John Donnison
Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 19 October 2023 and signed on its behalf.
John Donnison
Director
Roofer and Builder Ltd
Registered number: 11796506
Balance Sheet
as at 31 January 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 7,670 4,421
Current assets
Stocks 10,000 12,576
Debtors 4 67,056 45,857
Cash at bank and in hand 4,852 9,259
81,908 67,692
Creditors: amounts falling due within one year 5 (41,926) (21,587)
Net current assets 39,982 46,105
Total assets less current liabilities 47,652 50,526
Creditors: amounts falling due after more than one year 6 (47,045) (50,000)
Net assets 607 526
Capital and reserves
Called up share capital 1 1
Profit and loss account 606 525
Shareholder's funds 607 526
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
John Donnison
Director
Approved by the board on 19 October 2023
Roofer and Builder Ltd
Notes to the Accounts
for the year ended 31 January 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 February 2022 5,921
Additions 5,332
At 31 January 2023 11,253
Depreciation
At 1 February 2022 1,500
Charge for the year 2,083
At 31 January 2023 3,583
Net book value
At 31 January 2023 7,670
At 31 January 2022 4,421
4 Debtors 2023 2022
£ £
Trade debtors 28,320 11,689
Other debtors 38,736 34,168
67,056 45,857
5 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 6,554 1,850
Amounts owed to group undertakings and undertakings in which the company has a participating interest - -
Taxation and social security costs 20,236 5,498
Other creditors 15,136 14,239
41,926 21,587
6 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 47,045 50,000
7 Other information
Roofer and Builder Ltd is a private company limited by shares and incorporated in England. Its registered office is:
5a Church Road South
Liverpool
L25 7RJ
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