A Humphries & Son Roofing Limited 09493298 false 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is that of roofing contractors. Digita Accounts Production Advanced 6.30.9574.0 true 09493298 2022-04-01 2023-03-31 09493298 2023-03-31 09493298 core:RetainedEarningsAccumulatedLosses 2023-03-31 09493298 core:ShareCapital 2023-03-31 09493298 core:CurrentFinancialInstruments 2023-03-31 09493298 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 09493298 core:FurnitureFittings 2023-03-31 09493298 core:MotorVehicles 2023-03-31 09493298 core:PlantMachinery 2023-03-31 09493298 bus:SmallEntities 2022-04-01 2023-03-31 09493298 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 09493298 bus:FullAccounts 2022-04-01 2023-03-31 09493298 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 09493298 bus:RegisteredOffice 2022-04-01 2023-03-31 09493298 bus:Director1 2022-04-01 2023-03-31 09493298 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 09493298 core:FurnitureFittings 2022-04-01 2023-03-31 09493298 core:MotorVehicles 2022-04-01 2023-03-31 09493298 core:PlantMachinery 2022-04-01 2023-03-31 09493298 core:Vehicles 2022-04-01 2023-03-31 09493298 countries:EnglandWales 2022-04-01 2023-03-31 09493298 2022-03-31 09493298 core:FurnitureFittings 2022-03-31 09493298 core:MotorVehicles 2022-03-31 09493298 core:PlantMachinery 2022-03-31 09493298 2021-04-01 2022-03-31 09493298 2022-03-31 09493298 core:RetainedEarningsAccumulatedLosses 2022-03-31 09493298 core:ShareCapital 2022-03-31 09493298 core:CurrentFinancialInstruments 2022-03-31 09493298 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 09493298 core:FurnitureFittings 2022-03-31 09493298 core:MotorVehicles 2022-03-31 09493298 core:PlantMachinery 2022-03-31 iso4217:GBP xbrli:pure

Registration number: 09493298

A Humphries & Son Roofing Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2023

 

A Humphries & Son Roofing Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 6

 

A Humphries & Son Roofing Limited

(Registration number: 09493298)
Balance Sheet as at 31 March 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

5,189

8,348

Current assets

 

Debtors

5

7,546

32,452

Cash at bank and in hand

 

87,671

81,054

 

95,217

113,506

Creditors: Amounts falling due within one year

6

(30,528)

(44,730)

Net current assets

 

64,689

68,776

Total assets less current liabilities

 

69,878

77,124

Provisions for liabilities

(1,236)

(1,422)

Net assets

 

68,642

75,702

Capital and reserves

 

Called up share capital

200

200

Retained earnings

68,442

75,502

Shareholders' funds

 

68,642

75,702

 

A Humphries & Son Roofing Limited

(Registration number: 09493298)
Balance Sheet as at 31 March 2023

For the financial year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 15 November 2023 and signed on its behalf by:
 

.........................................
Mr A Humphries
Director

 

A Humphries & Son Roofing Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
21 Ringsbury Close
Purton
Swindon
Wiltshire
SN5 4DE
United Kingdom

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Revenue recognition

Turnover is recognised at the fair value of the consideration received or receivable for goods and construction services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Revenue from construction is recognised by reference to the stage of completion, when the stage of completion, costs incurred and costs to complete can be estimated reliably. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recoverable.

Tax

The tax expense for the period comprises current tax payable and deferred tax.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

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.

 

A Humphries & Son Roofing Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and Machinery

25% Straight Line

Motor Vehicles

25% Straight Line

Office Equipment

25% Straight Line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Employee Benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

Termination benefits are recognised immediately as an expense when the company is demonstably committed to terminate the employment of an employee or to provide termination benefits.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2022 - 2).

 

A Humphries & Son Roofing Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

4

Tangible assets

Office equipment
£

Plant and machinery
£

Motor vehicles
 £

Total
£

Cost or valuation

At 1 April 2022

1,018

3,811

23,500

28,329

Additions

189

-

-

189

At 31 March 2023

1,207

3,811

23,500

28,518

Depreciation

At 1 April 2022

748

3,545

15,688

19,981

Charge for the year

162

61

3,125

3,348

At 31 March 2023

910

3,606

18,813

23,329

Carrying amount

At 31 March 2023

297

205

4,687

5,189

At 31 March 2022

270

266

7,812

8,348

5

Debtors

Current

2023
£

2022
£

Trade debtors

4,816

27,511

Prepayments

2,572

2,196

Other debtors

158

2,745

 

7,546

32,452

 

A Humphries & Son Roofing Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

6

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Trade creditors

4,336

18,304

Taxation and social security

17,608

17,843

Other creditors

8,584

8,583

30,528

44,730