IRIS Accounts Production v24.1.0.578 09283732 Board of Directors Board of Directors 1.1.23 31.12.23 31.12.23 false true false false false true false Ordinary "A" 1.00000 Ordinary "B" 1.00000 Ordinary "C" 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh092837322022-12-31092837322023-12-31092837322023-01-012023-12-31092837322021-12-31092837322022-01-012022-12-31092837322022-12-3109283732ns15:EnglandWales2023-01-012023-12-3109283732ns14:PoundSterling2023-01-012023-12-3109283732ns10:Director12023-01-012023-12-3109283732ns10:Director22023-01-012023-12-3109283732ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3109283732ns10:SmallEntities2023-01-012023-12-3109283732ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3109283732ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3109283732ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3109283732ns10:FullAccounts2023-01-012023-12-310928373212023-01-012023-12-3109283732ns10:OrdinaryShareClass12023-01-012023-12-3109283732ns10:OrdinaryShareClass22023-01-012023-12-3109283732ns10:OrdinaryShareClass32023-01-012023-12-3109283732ns5:CurrentFinancialInstruments2023-12-3109283732ns5:CurrentFinancialInstruments2022-12-3109283732ns5:ShareCapital2023-12-3109283732ns5:ShareCapital2022-12-3109283732ns5:RetainedEarningsAccumulatedLosses2023-12-3109283732ns5:RetainedEarningsAccumulatedLosses2022-12-3109283732ns10:RegisteredOffice2023-01-012023-12-3109283732ns5:NetGoodwill2023-01-012023-12-3109283732ns5:PatentsTrademarksLicencesConcessionsSimilar2023-01-012023-12-3109283732ns5:PlantMachinery2023-01-012023-12-3109283732ns5:FurnitureFittings2023-01-012023-12-3109283732ns5:MotorVehicles2023-01-012023-12-3109283732ns5:NetGoodwill2022-12-3109283732ns5:PatentsTrademarksLicencesConcessionsSimilar2022-12-3109283732ns5:NetGoodwill2023-12-3109283732ns5:PatentsTrademarksLicencesConcessionsSimilar2023-12-3109283732ns5:NetGoodwill2022-12-3109283732ns5:PatentsTrademarksLicencesConcessionsSimilar2022-12-3109283732ns5:PlantMachinery2022-12-3109283732ns5:FurnitureFittings2022-12-3109283732ns5:MotorVehicles2022-12-3109283732ns5:PlantMachinery2023-12-3109283732ns5:FurnitureFittings2023-12-3109283732ns5:MotorVehicles2023-12-3109283732ns5:PlantMachinery2022-12-3109283732ns5:FurnitureFittings2022-12-3109283732ns5:MotorVehicles2022-12-3109283732ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3109283732ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3109283732ns10:OrdinaryShareClass12023-12-3109283732ns10:OrdinaryShareClass22023-12-3109283732ns10:OrdinaryShareClass32023-12-31
REGISTERED NUMBER: 09283732 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

KNAPPETT ROOFING LTD

KNAPPETT ROOFING LTD (REGISTERED NUMBER: 09283732)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Balance Sheet 1

Notes to the Financial Statements 3


KNAPPETT ROOFING LTD (REGISTERED NUMBER: 09283732)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 2 2
Tangible assets 5 2,634 2,965
2,636 2,967

CURRENT ASSETS
Debtors 6 1,111 1,977
Cash at bank and in hand 19,357 18,844
20,468 20,821
CREDITORS
Amounts falling due within one year 7 4,925 6,332
NET CURRENT ASSETS 15,543 14,489
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,179

17,456

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 18,079 17,356
SHAREHOLDERS' FUNDS 18,179 17,456

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

KNAPPETT ROOFING LTD (REGISTERED NUMBER: 09283732)

BALANCE SHEET - continued
31 DECEMBER 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 29 April 2024 and were signed on its behalf by:




Mr R B Knappett - Director



Mrs J E Knappett - Director


KNAPPETT ROOFING LTD (REGISTERED NUMBER: 09283732)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Knappett Roofing Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 09283732

Registered office: 100 Crockfords Road
Newmarket
Suffolk
CB8 9BG

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 represents the invoiced value of goods and services supplied, stated net of value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of four years.

Business intellectual property rights
The company acquired the business intellectual property rights of a business acquired in 2015 for £1. No amortisation is charged.

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 - 15% on reducing balance
Office & computer equipment - 20% on cost
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


KNAPPETT ROOFING LTD (REGISTERED NUMBER: 09283732)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Business
Intellectual
Property
Goodwill Rights Totals
£    £    £   
COST
At 1 January 2023
and 31 December 2023 22,200 1 22,201
AMORTISATION
At 1 January 2023
and 31 December 2023 22,199 - 22,199
NET BOOK VALUE
At 31 December 2023 1 1 2
At 31 December 2022 1 1 2

KNAPPETT ROOFING LTD (REGISTERED NUMBER: 09283732)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


5. TANGIBLE FIXED ASSETS
Office &
Plant and computer Motor
machinery equipment vehicles Totals
£    £    £    £   
COST
At 1 January 2023 1,200 1,506 18,047 20,753
Additions - 440 - 440
Disposals - (814 ) - (814 )
At 31 December 2023 1,200 1,132 18,047 20,379
DEPRECIATION
At 1 January 2023 844 1,506 15,438 17,788
Charge for year 53 66 652 771
Eliminated on disposal - (814 ) - (814 )
At 31 December 2023 897 758 16,090 17,745
NET BOOK VALUE
At 31 December 2023 303 374 1,957 2,634
At 31 December 2022 356 - 2,609 2,965

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 780
Other debtors 1,111 1,197
1,111 1,977

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors - 50
Taxation and social security 1,566 3,348
Other creditors 3,359 2,934
4,925 6,332

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
40 Ordinary "A" £1 40 40
30 Ordinary "B" £1 30 30
30 Ordinary "C" £1 30 30
100 100

KNAPPETT ROOFING LTD (REGISTERED NUMBER: 09283732)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


9. TRANSACTIONS WITH DIRECTORS

Included in creditors falling due within one year is a loan from the directors to the company amounting to £2,574 (2022 - £2,094). This loan is non-interest bearing and repayable on demand.

During the year dividends were paid to the directors amounting to £6,000 (2022 - £4,000).

10. ULTIMATE CONTROLLING PARTY

The company is under the ultimate control of Mr R B Knappett by virtue of his own and associated shareholdings.