12636621falseroofing.2022-07-012023-06-30http://www.companieshouse.gov.uk/2022-06-30http://www.companieshouse.gov.uk/pt:ShareCapital2022-06-30http://www.companieshouse.gov.uk/cd:Director12022-07-012023-06-30http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2022-06-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-06-30http://www.companieshouse.gov.uk/cd:Director22022-07-012023-06-30http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-06-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2022-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-07-012023-06-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-06-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-07-012023-06-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-07-012023-06-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-06-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-06-30http://www.companieshouse.gov.uk/2022-07-012023-06-30http://www.companieshouse.gov.uk/2022-06-30http://www.companieshouse.gov.uk/cd:FRS1022022-07-012023-06-30http://www.companieshouse.gov.uk/2023-06-30http://www.companieshouse.gov.uk/cd:FullAccounts2022-07-012023-06-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-07-012023-06-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 12636621

Ford Roofing Ltd

ACCOUNTS
FOR THE YEAR ENDED 30/06/2023

Prepared By:
Marie-Anne Rose Ltd
Chartered Accountants
Bay Tree Cottage
Crabbswood Lane
Sway
Hampshire
SO41 6EQ

Ford Roofing Ltd

ACCOUNTS
FOR THE YEAR ENDED 30/06/2023
DIRECTORS
Mark Ford
Steven Smith (appointed 8 March 2023)
REGISTERED OFFICE
Building 1 Drews Old Yard
11-15 Station Road
New Milton
Hampshire
BH25 6HN
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 12636621
ACCOUNTANTS
Marie-Anne Rose Ltd
Chartered Accountants
Bay Tree Cottage
Crabbswood Lane
Sway
Hampshire
SO41 6EQ

Ford Roofing Ltd

ACCOUNTS
FOR THEYEARENDED30/06/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Ford Roofing Ltd

BALANCE SHEET AT 30/06/2023
20232022
Notes££
FIXED ASSETS
Tangible assets323,80726,377
CURRENT ASSETS
Stock89,44423,448
Debtors5603,520486,217
Cash at bank and in hand23,43453,600
716,398563,265
CREDITORS: Amounts falling due within one year6437,969361,532
NET CURRENT ASSETS278,429201,733
TOTAL ASSETS LESS CURRENT LIABILITIES302,236228,110
CREDITORS: Amounts falling due after more than one year769,372103,380
PROVISIONS FOR LIABILITIES AND CHARGES81,234544
NET ASSETS231,630124,186
CAPITAL AND RESERVES
Called up share capital9100100
Profit and loss account231,530124,086
SHAREHOLDERS' FUNDS231,630124,186
For the year ending 30/06/2023 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 08/11/2023 and signed on their behalf by
.............................
Mark Ford
Director

Ford Roofing Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/06/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Commercial Vehiclesreducing balance25%
Equipmentreducing balance25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.

Ford Roofing Ltd

1e. Leasing Commitments
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account on a straight line basis.
1f.
2. EMPLOYEES
20232022
No.No.
Average number of employees53
3. TANGIBLE FIXED ASSETS
Commercial
VehiclesEquipmentTotal
£££
Cost
At 01/07/202231,3504,10335,453
Additions-5,3655,365
At 30/06/202331,3509,46840,818
Depreciation
At 01/07/20227,8371,2399,076
For the year5,8782,0577,935
At 30/06/202313,7153,29617,011
Net Book Amounts
At 30/06/202317,6356,17223,807
At 30/06/202223,5132,86426,377
4. STOCK 20232022
££
Stock comprises:
Stock-18,595
Work in progress89,4444,853
89,44423,448

Ford Roofing Ltd

5. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors570,383473,776
VAT22,626-
Other debtors5,7416,217
Prepayments4,7706,224
603,520486,217
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax-31,748
Other tax63,80856,553
Finance leases3,9733,973
Trade creditors308,815252,119
Other creditors and accruals57,87317,139
Accruals3,500-
437,969361,532
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Finance Leases >1yr19,95523,963
Other creditors > 1yr49,41779,417
69,372103,380
8. PROVISIONS FOR LIABILITIES 20232022
££
Deferred taxation1,234544
1,234544

Ford Roofing Ltd

9. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
100 Class 1 shares of £1 each100100
100100
12. OTHER FINANCIAL COMMITMENTS
At 30/06/2023 the company was committed to making the following payments under non-cancellable operating leases:
20232022
££
Operating Leases which expire:
Within one year3,1806,360
Within two to five years-3,180
11. FINANCE LEASE
A finance lease has been taken out to acquire the commercial vehicle. The company is committed to lease payments of £5,845 within the year and £22,761 in the following four years. After completion of the primary leasing period, a secondary rental of £487 per annum will be payable until further notice.
12. OTHER FINANCIAL COMMITMENTS
At 30/06/2023 the company was committed to making the following payments under non-cancellable operating leases in the forthcoming financial year:
20232022
££
Operating Leases which expire:
Within one year3,1806,360
Within two to five years-3,180