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REGISTERED NUMBER: 04887483 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

MARDEL ROOFING CONTRACTORS LIMITED

MARDEL ROOFING CONTRACTORS LIMITED (REGISTERED NUMBER: 04887483)






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


MARDEL ROOFING CONTRACTORS LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2023







DIRECTORS: M Gill
D Paice





SECRETARY: M Gill





REGISTERED OFFICE: 54 Sun Street
Waltham Abbey
Essex
EN9 1EJ





REGISTERED NUMBER: 04887483 (England and Wales)





ACCOUNTANTS: KNIGHT WHEELER LIMITED
Chartered Accountants
54 Sun Street
Waltham Abbey
Essex
EN9 1EJ

MARDEL ROOFING CONTRACTORS LIMITED (REGISTERED NUMBER: 04887483)

BALANCE SHEET
31 March 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 36,732 48,089

CURRENT ASSETS
Stocks 5 104,300 104,300
Debtors 6 79,830 149,266
Cash at bank and in hand 153,411 175,045
337,541 428,611
CREDITORS
Amounts falling due within one year 7 (29,924 ) (69,761 )
NET CURRENT ASSETS 307,617 358,850
TOTAL ASSETS LESS CURRENT
LIABILITIES

344,349

406,939

PROVISIONS FOR LIABILITIES (6,979 ) (9,137 )
NET ASSETS 337,370 397,802

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 337,268 397,700
SHAREHOLDERS' FUNDS 337,370 397,802

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 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.

MARDEL ROOFING CONTRACTORS LIMITED (REGISTERED NUMBER: 04887483)

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 Board of Directors and authorised for issue on 30 November 2023 and were signed on its behalf by:




M Gill - Director



D Paice - Director


MARDEL ROOFING CONTRACTORS LIMITED (REGISTERED NUMBER: 04887483)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Mardel Roofing Contractors 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 statement is the Pound Sterling (£) which is the functional currency of the company and rounded to the nearest £.

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

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents amounts chargeable to clients for services supplied during the year, net of value added tax. Turnover is recognised when a right to consideration has been obtained through performance under each contract.

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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered 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.

MARDEL ROOFING CONTRACTORS LIMITED (REGISTERED NUMBER: 04887483)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 6 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2022 18,886 74,263 1,632 94,781
Additions 1,115 - - 1,115
At 31 March 2023 20,001 74,263 1,632 95,896
DEPRECIATION
At 1 April 2022 13,584 32,165 943 46,692
Charge for year 1,604 10,524 344 12,472
At 31 March 2023 15,188 42,689 1,287 59,164
NET BOOK VALUE
At 31 March 2023 4,813 31,574 345 36,732
At 31 March 2022 5,302 42,098 689 48,089

5. STOCKS
2023 2022
£    £   
Stock & WIP 4,300 4,300
Property development 100,000 100,000
104,300 104,300

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 32,859 48,002
Tax 46,688 100,981
Prepayments 283 283
79,830 149,266

MARDEL ROOFING CONTRACTORS LIMITED (REGISTERED NUMBER: 04887483)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Tax 243 26,569
Social security and other taxes (57 ) 143
VAT 4,646 6,503
Directors' current accounts 22,653 34,108
Accrued expenses 2,439 2,438
29,924 69,761