2022-09-01 2023-08-31 false No description of principal activity Capium Accounts Production 1.1 06702393 bus:FullAccounts 2022-09-01 2023-08-31 06702393 bus:FRS102 2022-09-01 2023-08-31 06702393 bus:AuditExemptWithAccountantsReport 2022-09-01 2023-08-31 06702393 bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-08-31 06702393 bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 06702393 2022-09-01 2023-08-31 06702393 2023-08-31 06702393 bus:RegisteredOffice 2022-09-01 2023-08-31 06702393 core:WithinOneYear 2023-08-31 06702393 core:AfterOneYear 2023-08-31 06702393 bus:Director1 2022-09-01 2023-08-31 06702393 bus:Director1 2023-08-31 06702393 bus:Director1 2021-10-01 2022-08-31 06702393 bus:Director2 2022-09-01 2023-08-31 06702393 bus:Director2 2023-08-31 06702393 bus:Director2 2021-10-01 2022-08-31 06702393 2021-10-01 06702393 bus:CompanySecretary1 2022-09-01 2023-08-31 06702393 bus:LeadAgentIfApplicable 2022-09-01 2023-08-31 06702393 2021-10-01 2022-08-31 06702393 2022-08-31 06702393 core:WithinOneYear 2022-08-31 06702393 core:AfterOneYear 2022-08-31 06702393 bus:EntityAccountantsOrAuditors 2021-10-01 2022-08-31 06702393 core:PlantMachinery 2022-09-01 2023-08-31 06702393 core:PlantMachinery 2023-08-31 06702393 core:PlantMachinery 2022-08-31 06702393 core:MotorCars 2022-09-01 2023-08-31 06702393 core:MotorCars 2023-08-31 06702393 core:MotorCars 2022-08-31 06702393 core:ComputerEquipment 2022-09-01 2023-08-31 06702393 core:ComputerEquipment 2023-08-31 06702393 core:ComputerEquipment 2022-08-31 06702393 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-08-31 06702393 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-08-31 06702393 core:CostValuation core:Non-currentFinancialInstruments 2023-08-31 06702393 core:CostValuation core:Non-currentFinancialInstruments 2022-08-31 06702393 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-08-31 06702393 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-08-31 06702393 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-08-31 06702393 core:Non-currentFinancialInstruments 2023-08-31 06702393 core:Non-currentFinancialInstruments 2022-08-31 06702393 core:ShareCapital 2023-08-31 06702393 core:ShareCapital 2022-08-31 06702393 core:RetainedEarningsAccumulatedLosses 2023-08-31 06702393 core:RetainedEarningsAccumulatedLosses 2022-08-31 06702393 dpl:Item1 2022-09-01 06702393 dpl:Item1 2023-08-31 06702393 dpl:Item1 2021-10-01 06702393 dpl:Item1 2022-08-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 06702393


 

 

 

M GILDERS ROOFING CONTRACTS LIMITED


Unaudited Financial Statements
 


Period of accounts

Start date: 01 September 2022

End date: 31 August 2023
Directors Mark P Gilders
Harry M Gilders
Registered Number 06702393
Registered Office 42 Lytton Road
Barnet
Hertfordshire
EN5 5BY
Accountants The Expert Eye
42 Lytton Road
Barnet
EN5 5BY
Secretary Katy M Swash
1
 
 
Notes
 
2023
£
  2022
£
Fixed assets      
Tangible fixed assets 3 22,926    30,402 
22,926    30,402 
Current assets      
Stocks 4 10,000    12,000 
Debtors 5 325,350    443,257 
Cash at bank and in hand 1,761    (404)
337,111    454,853 
Creditors: amount falling due within one year 6 (296,109)   (309,756)
Net current assets 41,002    145,097 
 
Total assets less current liabilities 63,928    175,499 
Creditors: amount falling due after more than one year 7 (32,610)   (46,891)
Provisions for liabilities 8 (2,387)   (2,387)
Net assets 28,931    126,221 
 

Capital and reserves
     
Called up share capital 2    2 
Profit and loss account 28,929    126,218 
Shareholder's funds 28,931    126,220 
 


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

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.
The financial statements were approved by the board of directors on 08 April 2024 and were signed on its behalf by:


-------------------------------
Harry M Gilders
Director
-------------------------------
Mark P Gilders
Director
2
General Information
M Gilders Roofing Contracts Limited is a private company, limited by shares, registered in , registration number 06702393, registration address 42 Lytton Road, Barnet, Hertfordshire, EN5 5BY.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery 20% Reducing Balance
Motor Vehicles 25% Reducing Balance
Computer Equipment 20% Reducing Balance
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the year was 2 (2022 : 2).
3.

Tangible fixed assets

Cost or valuation Plant and Machinery   Motor Vehicles   Computer Equipment   Total
  £   £   £   £
At 01 September 2022 362    37,849    5,921    44,132 
Additions      
Disposals      
At 31 August 2023 362    37,849    5,921    44,132 
Depreciation
At 01 September 2022 350    9,945    3,435    13,730 
Charge for year 3    6,976    497    7,476 
On disposals      
At 31 August 2023 353    16,921    3,932    21,206 
Net book values
Closing balance as at 31 August 2023 9    20,928    1,989    22,926 
Opening balance as at 01 September 2022 12    27,904    2,486    30,402 


4.

Stocks

2023
£
  2022
£
Stocks 10,000    12,000 
10,000    12,000 

5.

Debtors: amounts falling due within one year

2023
£
  2022
£
Trade Debtors   124,275 
Amounts Recoverable on Contracts 295,743   
Other Debtors 19,153    318,982 
VAT 10,454   
325,350    443,257 

6.

Creditors: amount falling due within one year

2023
£
  2022
£
Trade Creditors 30,525    72,751 
Bank Loans & Overdrafts 90,712    10,000 
Corporation Tax 51,389    38,582 
PAYE & Social Security 12,870    16,526 
Accrued Expenses   4,280 
Other Creditors 34,102    1,489 
Obligations under HP/Financial Leases 4,509    4,960 
Directors' Current Accounts 72,002    157,096 
VAT   4,072 
296,109    309,756 

7.

Creditors: amount falling due after more than one year

2023
£
  2022
£
Bank Loans & Overdrafts 17,729    27,501 
Obligations Under HP/Financial Leases 14,881    19,390 
32,610    46,891 

8.

Provisions for liabilities

2023
£
  2022
£
Deferred Tax 2,387    2,387 
2,387    2,387 

3