IRIS Accounts Production v23.3.0.418 07556436 director 1.4.22 31.3.23 31.3.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh075564362022-03-31075564362023-03-31075564362022-04-012023-03-31075564362021-03-31075564362021-04-012022-03-31075564362022-03-3107556436ns10:Originalns15:EnglandWales2022-04-012023-03-3107556436ns14:PoundSterlingns10:Original2022-04-012023-03-3107556436ns10:Originalns10:Director12022-04-012023-03-3107556436ns10:Original2022-04-012023-03-3107556436ns10:Original2023-03-3107556436ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3107556436ns10:Originalns10:SmallEntities2022-04-012023-03-3107556436ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3107556436ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3107556436ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3107556436ns10:Originalns10:FullAccounts2022-04-012023-03-3107556436ns10:Originalns10:OrdinaryShareClass12022-04-012023-03-3107556436ns10:Originalns10:RegisteredOffice2022-04-012023-03-3107556436ns10:Original2022-03-3107556436ns10:Originalns5:CurrentFinancialInstruments2023-03-3107556436ns10:Originalns5:CurrentFinancialInstruments2022-03-3107556436ns10:Originalns5:Non-currentFinancialInstruments2023-03-3107556436ns10:Originalns5:Non-currentFinancialInstruments2022-03-3107556436ns5:ShareCapitalns10:Original2023-03-3107556436ns5:ShareCapitalns10:Original2022-03-3107556436ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3107556436ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3107556436ns10:Original2021-04-012022-03-3107556436ns10:Originalns5:MotorVehicles2022-03-3107556436ns10:Originalns5:ComputerEquipment2022-03-3107556436ns10:Original2022-03-3107556436ns10:Originalns5:MotorVehicles2022-04-012023-03-3107556436ns10:Originalns5:ComputerEquipment2022-04-012023-03-3107556436ns10:Originalns5:MotorVehicles2023-03-3107556436ns10:Originalns5:ComputerEquipment2023-03-3107556436ns10:Originalns5:MotorVehicles2022-03-3107556436ns10:Originalns5:ComputerEquipment2022-03-3107556436ns10:Originalns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-03-3107556436ns10:Originalns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-04-012023-03-3107556436ns10:Originalns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-03-3107556436ns10:Originalns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-03-3107556436ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3107556436ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-3107556436ns10:Originalns5:DeferredTaxation2022-03-3107556436ns10:Originalns5:DeferredTaxation2023-03-3107556436ns10:Originalns10:OrdinaryShareClass12023-03-3107556436ns10:Original1ns10:Director12022-03-3107556436ns10:Original1ns10:Director12021-03-3107556436ns10:Original1ns10:Director12022-04-012023-03-3107556436ns10:Original1ns10:Director12021-04-012022-03-3107556436ns10:Original1ns10:Director12023-03-3107556436ns10:Original1ns10:Director12022-03-31
REGISTERED NUMBER: 07556436 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

TIDEY ROOFING AND BUILDING SPECIALISTS
LTD

TIDEY ROOFING AND BUILDING SPECIALISTS
LTD (REGISTERED NUMBER: 07556436)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TIDEY ROOFING AND BUILDING SPECIALISTS
LTD

COMPANY INFORMATION
for the year ended 31 March 2023







DIRECTOR: G Tidey





REGISTERED OFFICE: Preston Park House
South Road
Brighton
East Sussex
BN1 6SB





REGISTERED NUMBER: 07556436 (England and Wales)





ACCOUNTANTS: Plus Accounting
Chartered Accountants
Preston Park House
South Road
Brighton
East Sussex
BN1 6SB

TIDEY ROOFING AND BUILDING SPECIALISTS
LTD (REGISTERED NUMBER: 07556436)

BALANCE SHEET
31 March 2023

31.3.23 31.3.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 2,046 2,728

CURRENT ASSETS
Debtors 5 12,352 14,511
Cash at bank 15,390 13,405
27,742 27,916
CREDITORS
Amounts falling due within one year 6 (17,122 ) (11,583 )
NET CURRENT ASSETS 10,620 16,333
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,666

19,061

CREDITORS
Amounts falling due after more than one
year

7

(12,056

)

(17,011

)

PROVISIONS FOR LIABILITIES 8 (389 ) (518 )
NET ASSETS 221 1,532

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 220 1,531
SHAREHOLDERS' FUNDS 221 1,532

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

TIDEY ROOFING AND BUILDING SPECIALISTS
LTD (REGISTERED NUMBER: 07556436)

BALANCE SHEET - continued
31 March 2023


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 director and authorised for issue on 2 November 2023 and were signed by:





G Tidey - Director


TIDEY ROOFING AND BUILDING SPECIALISTS
LTD (REGISTERED NUMBER: 07556436)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2023

1. STATUTORY INFORMATION

Tidey Roofing and Building Specialists Ltd 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.

Turnover
Turnover represents the fair value of consideration received or receivable net of VAT and trade discounts for roofing and building services provided. Revenue from the sale of services is recognised at the point of sale.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful economic life.

Fixtures & fittings-25% reducing balance
Motor vehicles -25% reducing balance
Computer equipment-25% reducing balance

Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

TIDEY ROOFING AND BUILDING SPECIALISTS
LTD (REGISTERED NUMBER: 07556436)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Impairment
At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Going concern
The director has a reasonable expectation that the company has adequate resources to continue in existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2022
and 31 March 2023 18,494 2,037 20,531
DEPRECIATION
At 1 April 2022 16,081 1,722 17,803
Charge for year 603 79 682
At 31 March 2023 16,684 1,801 18,485
NET BOOK VALUE
At 31 March 2023 1,810 236 2,046
At 31 March 2022 2,413 315 2,728

TIDEY ROOFING AND BUILDING SPECIALISTS
LTD (REGISTERED NUMBER: 07556436)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2023

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:
Motor
vehicles
£   
COST
At 1 April 2022
and 31 March 2023 18,494
DEPRECIATION
At 1 April 2022 16,081
Charge for year 603
At 31 March 2023 16,684
NET BOOK VALUE
At 31 March 2023 1,810
At 31 March 2022 2,413

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Other debtors 12,352 14,511

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts 4,955 4,833
Trade creditors 2,084 252
Taxation and social security 9,433 5,532
Other creditors 650 966
17,122 11,583

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Bank loans 12,056 17,011

8. PROVISIONS FOR LIABILITIES
31.3.23 31.3.22
£    £   
Deferred tax 389 518

TIDEY ROOFING AND BUILDING SPECIALISTS
LTD (REGISTERED NUMBER: 07556436)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2023

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2022 518
Accelerated capital allowances (129 )
Balance at 31 March 2023 389

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
1 Ordinary £1 1 1

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2023 and 31 March 2022:

31.3.23 31.3.22
£    £   
G Tidey
Balance outstanding at start of year 8,575 -
Amounts advanced 8,113 8,575
Amounts repaid (10,028 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 6,660 8,575

Director's loan is interest free and repayable on demand.