1 February 2023 false Taxfiler 2024.4 13865700business:PrivateLimitedCompanyLtd2023-02-012024-03-31 138657002023-01-31 138657002023-02-012024-03-31 13865700business:AuditExemptWithAccountantsReport2023-02-012024-03-31 13865700business:FilletedAccounts2023-02-012024-03-31 138657002024-03-31 13865700business:Director12023-02-012024-03-31 13865700business:RegisteredOffice2023-02-012024-03-31 138657002023-01-31 13865700core:WithinOneYear2024-03-31 13865700core:WithinOneYear2023-01-31 13865700core:AfterOneYear2024-03-31 13865700core:AfterOneYear2023-01-31 13865700core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 13865700core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 13865700core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 13865700core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 13865700core:PreviouslyStatedAmount2024-03-31 13865700core:PreviouslyStatedAmount2023-01-31 13865700business:SmallEntities2023-02-012024-03-31 13865700countries:EnglandWales2023-02-012024-03-31 13865700core:PlantMachinery2023-02-012024-03-31 13865700core:MotorVehicles2023-02-012024-03-31 13865700core:ComputerEquipment2023-02-012024-03-31 13865700core:PlantMachinery2023-01-31 13865700core:MotorVehicles2023-01-31 13865700core:ComputerEquipment2023-01-31 13865700core:PlantMachinery2024-03-31 13865700core:MotorVehicles2024-03-31 13865700core:ComputerEquipment2024-03-31 13865700core:AcceleratedTaxDepreciationDeferredTax2024-03-31 13865700core:AcceleratedTaxDepreciationDeferredTax2023-01-31 138657002022-02-012023-01-31 13865700business:OrdinaryShareClass12023-02-012024-03-31 13865700business:OrdinaryShareClass12022-02-012023-01-31 13865700business:Director112023-01-31 13865700business:Director112023-02-012024-03-31 13865700business:Director112024-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 13865700 (England and Wales)
Roof Brothers Ltd Unaudited accounts for the period from 1 February 2023 to 31 March 2024
Roof Brothers Ltd Unaudited accounts Contents
Page
- 2 -
Roof Brothers Ltd Company Information for the period from 1 February 2023 to 31 March 2024
Director
Mr Victor Wakefield
Company Number
13865700 (England and Wales)
Registered Office
10 Hill View Dry Drayton Cambridge CB23 8DF England
Accountants
LJA Accounting 51 Chapel Lane Lapworth Solihull Warwickshire B94 6EU
- 3 -
Roof Brothers Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
139,051 
6,697 
Current assets
Debtors
59,336 
2,616 
Cash at bank and in hand
25,329 
629 
84,665 
3,245 
Creditors: amounts falling due within one year
(65,868)
(4,854)
Net current assets/(liabilities)
18,797 
(1,609)
Total assets less current liabilities
157,848 
5,088 
Creditors: amounts falling due after more than one year
(46,059)
- 
Provisions for liabilities
Deferred tax
(26,420)
- 
Net assets
85,369 
5,088 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
85,269 
4,988 
Shareholders' funds
85,369 
5,088 
For the period ending 31 March 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 July 2024 and were signed on its behalf by
Mr Victor Wakefield Director Company Registration No. 13865700
- 4 -
Roof Brothers Ltd Notes to the Accounts for the period from 1 February 2023 to 31 March 2024
1
Statutory information
Roof Brothers Ltd is a private company, limited by shares, registered in England and Wales, registration number 13865700. The registered office is 10 Hill View, Dry Drayton, Cambridge, CB23 8DF, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
Motor vehicles
25% Reducing Balance
Computer equipment
25% Reducing Balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
- 5 -
Roof Brothers Ltd Notes to the Accounts for the period from 1 February 2023 to 31 March 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2023
- 
8,000 
929 
8,929 
Additions
8,268 
168,032 
1,854 
178,154 
At 31 March 2024
8,268 
176,032 
2,783 
187,083 
Depreciation
At 1 February 2023
- 
2,000 
232 
2,232 
Charge for the period
1,654 
43,508 
638 
45,800 
At 31 March 2024
1,654 
45,508 
870 
48,032 
Net book value
At 31 March 2024
6,614 
130,524 
1,913 
139,051 
At 31 January 2023
- 
6,000 
697 
6,697 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
48,386 
- 
Trade debtors
7,185 
2,616 
Other debtors
3,765 
- 
59,336 
2,616 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
681 
- 
Obligations under finance leases and hire purchase contracts
16,885 
- 
Trade creditors
4,415 
- 
Taxes and social security
5,688 
4,854 
Other creditors
1,861 
- 
Loans from directors
34,838 
- 
Accruals
1,500 
- 
65,868 
4,854 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
46,059 
- 
- 6 -
Roof Brothers Ltd Notes to the Accounts for the period from 1 February 2023 to 31 March 2024
8
Deferred taxation
2024 
2023 
£ 
£ 
Accelerated capital allowances
26,420 
- 
2024 
2023 
£ 
£ 
Charged to the profit and loss account
26,420 
- 
Provision at end of period
26,420 
- 
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
10
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Mr Victor Wakefield
(100)
68,212 
33,274 
34,838 
(100)
68,212 
33,274 
34,838 
No interest is charged on loans to directors and there are no fixed repayment terms.
11
Average number of employees
During the period the average number of employees was 7 (2023: 0).
- 7 -