Caseware UK (AP4) 2022.0.179 2022.0.179 2023-06-302023-06-30false72022-07-01No description of principal activity7falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07299680 2022-07-01 2023-06-30 07299680 2021-07-01 2022-06-30 07299680 2023-06-30 07299680 2022-06-30 07299680 c:Director1 2022-07-01 2023-06-30 07299680 c:RegisteredOffice 2022-07-01 2023-06-30 07299680 d:MotorVehicles 2022-07-01 2023-06-30 07299680 d:MotorVehicles 2023-06-30 07299680 d:MotorVehicles 2022-06-30 07299680 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 07299680 d:FurnitureFittings 2022-07-01 2023-06-30 07299680 d:FurnitureFittings 2023-06-30 07299680 d:FurnitureFittings 2022-06-30 07299680 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 07299680 d:ComputerEquipment 2022-07-01 2023-06-30 07299680 d:ComputerEquipment 2023-06-30 07299680 d:ComputerEquipment 2022-06-30 07299680 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 07299680 d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 07299680 d:CurrentFinancialInstruments 2023-06-30 07299680 d:CurrentFinancialInstruments 2022-06-30 07299680 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 07299680 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 07299680 d:ShareCapital 2023-06-30 07299680 d:ShareCapital 2022-06-30 07299680 d:RetainedEarningsAccumulatedLosses 2023-06-30 07299680 d:RetainedEarningsAccumulatedLosses 2022-06-30 07299680 c:FRS102 2022-07-01 2023-06-30 07299680 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 07299680 c:FullAccounts 2022-07-01 2023-06-30 07299680 c:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure
Company registration number: 07299680







UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED
30 JUNE 2023


KEAY ROOFING SERVICES LTD

































  




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KEAY ROOFING SERVICES LTD
 


 
COMPANY INFORMATION


Director
R Keay 




Registered number
07299680



Registered office
Centrum House
36 Station Road

Egham

Surrey

TW20 9LF




Trading Address
1 Portnall Cottages
London Road

Sunningdale

Berkshire

SL5 0LA






Accountants
Menzies LLP
Chartered Accountants

Magna House

18-32 London Road

Staines-Upon-Thames

TW18 4BP





 


KEAY ROOFING SERVICES LTD
 



CONTENTS



Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 7


 


KEAY ROOFING SERVICES LTD
REGISTERED NUMBER:07299680



STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2023

2023
2022
£
£

Fixed assets
  

Tangible assets
 4 
93,449
67,195

  
93,449
67,195

Current assets
  

Stocks
  
3,250
3,250

Debtors
 5 
386,202
285,181

Cash at bank and in hand
  
457,108
367,194

  
846,560
655,625

Creditors: amounts falling due within one year
 6 
(210,343)
(213,484)

Net current assets
  
 
 
636,217
 
 
442,141

Total assets less current liabilities
  
729,666
509,336

Provisions for liabilities
  

Deferred tax
  
(20,900)
(16,687)

  
 
 
(20,900)
 
 
(16,687)

Net assets
  
708,766
492,649


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
708,765
492,648

  
708,766
492,649


Page 1

 


KEAY ROOFING SERVICES LTD
REGISTERED NUMBER:07299680


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 2023

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




R Keay
Director
Date: 21 February 2024

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 


KEAY ROOFING SERVICES LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2023

1.


General information

Keay Roofing Services Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number, registered office address and principal place of business can be found on the Company Information page.
The presentation currency of the financial statements is the Pound Sterling (£).

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Pensions

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the company in independently administered funds.

Page 3

 


KEAY ROOFING SERVICES LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.5

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income 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 income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
straight line
Fixtures and fittings
-
10%
straight line
Computer equipment
-
25%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 4

 


KEAY ROOFING SERVICES LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.7

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a weighted average basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.8

Provisions for liabilities

Provisions are made where an event has taken place that gives the company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the company becomes aware of the obligation, and are measured at the best estimate at the reporting date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Statement of financial position.

 
2.9

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial
assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans
to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 7 (2022 - 7).

Page 5

 


KEAY ROOFING SERVICES LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2023

4.


Tangible fixed assets





Motor vehicles
Fixtures and fittings
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 July 2022
103,586
2,558
3,536
109,680


Additions
49,000
17,857
-
66,857


Disposals
(24,000)
-
-
(24,000)



At 30 June 2023

128,586
20,415
3,536
152,537



Depreciation


At 1 July 2022
39,327
1,536
1,622
42,485


Charge for the year on owned assets
22,927
2,041
635
25,603


Disposals
(9,000)
-
-
(9,000)



At 30 June 2023

53,254
3,577
2,257
59,088



Net book value



At 30 June 2023
75,332
16,838
1,279
93,449



At 30 June 2022
64,259
1,022
1,914
67,195


5.


Debtors

2023
2022
£
£



Trade debtors
78,841
47,753

Other debtors
295,305
210,640

Prepayments and accrued income
12,056
13,776

Tax recoverable
-
13,012

386,202
285,181


Page 6

 


KEAY ROOFING SERVICES LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
36,664
39,486

Corporation tax
73,178
55,671

Other taxation and social security
52,567
81,833

Other creditors
32,855
18,717

Accruals and deferred income
15,079
17,777

210,343
213,484



7.


Transactions with directors

As at 30 June 2023 the director owed the company £184,067 (2022 - £129,592). This amount is interest-free and repayable on demand.

2023
2022
£
£
Balance at start of year

129,592

54,806
 
Amounts advanced

97,467

145,285
 
Amounts repaid

(42,992)

(70,499)
 
184,067

129,592
 

 
Page 7