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REGISTERED NUMBER: 13884256 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1ST FEBRUARY 2022 TO 28TH FEBRUARY 2023

FOR

FERNBANK FLAT ROOFING LIMITED

FERNBANK FLAT ROOFING LIMITED (REGISTERED NUMBER: 13884256)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST FEBRUARY 2022 TO 28TH FEBRUARY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FERNBANK FLAT ROOFING LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1ST FEBRUARY 2022 TO 28TH FEBRUARY 2023







DIRECTORS: C E Hull
JA Northern





REGISTERED OFFICE: Fernbank Church Street
Burton Latimer
Kettering
NN15 5LU





REGISTERED NUMBER: 13884256 (England and Wales)





ACCOUNTANTS: Bewers Turner & Co LLP
Chartered Accountants
Portland House
11-13 Station Road
Kettering
Northamptonshire
NN15 7HH

FERNBANK FLAT ROOFING LIMITED (REGISTERED NUMBER: 13884256)

BALANCE SHEET
28TH FEBRUARY 2023

Notes £    £   
FIXED ASSETS
Tangible assets 4 34,276

CURRENT ASSETS
Debtors 5 19,552
Cash at bank and in hand 6,201
25,753
CREDITORS
Amounts falling due within one year 6 47,272
NET CURRENT LIABILITIES (21,519 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,757

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 12,657
12,757

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28th February 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 28th February 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.

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.

FERNBANK FLAT ROOFING LIMITED (REGISTERED NUMBER: 13884256)

BALANCE SHEET - continued
28TH FEBRUARY 2023



The financial statements were approved by the Board of Directors and authorised for issue on 31st October 2023 and were signed on its behalf by:





JA Northern - Director


FERNBANK FLAT ROOFING LIMITED (REGISTERED NUMBER: 13884256)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST FEBRUARY 2022 TO 28TH FEBRUARY 2023


1. STATUTORY INFORMATION

Fernbank Flat 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The financial statements have been prepared on a going concern basis not withstanding that at 28 February 2023 the company had net current liabilities of £21,519. The director believes this basis to be appropriate and has agreed to provide funds as necessary to meet the day to day running costs of the business for the foreseeable future.

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 - 20% on reducing balance
Motor vehicles - 20% on reducing balance

Financial instruments
The company is party to only basic financial instruments such as cash, trade debtors and creditors and loans. Instruments such as trade debtors and trade creditors are initially recognised at their transaction cost and reviewed at the year end for impairment. Debt instruments not repayable on demand or due within one year, such as bank loans, are measured at amortised cost using the effective interest rate.

Taxation
Taxation for the period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

FERNBANK FLAT ROOFING LIMITED (REGISTERED NUMBER: 13884256)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST FEBRUARY 2022 TO 28TH FEBRUARY 2023


4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
Additions 430 39,500 39,930
At 28th February 2023 430 39,500 39,930
DEPRECIATION
Charge for period 79 5,575 5,654
At 28th February 2023 79 5,575 5,654
NET BOOK VALUE
At 28th February 2023 351 33,925 34,276

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 19,552

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 70
Taxation and social security 10,388
Other creditors 36,814
47,272

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As of the balance sheet date, the amount due to the company from one of the directors was £19,552. Interest has been charged on the loan advanced at the official HMRC interest rate as there are no repayment terms in place.

8. RELATED PARTY DISCLOSURES

All material related party transactions with owners holding a participating interest, companies in which the entity has a participating interest and directors were all concluded under normal market conditions.