Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312023-04-01falseThe principal activity of the Company continued to be the provision of roofing services.1211truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 03052573 2023-04-01 2024-03-31 03052573 2022-04-01 2023-03-31 03052573 2024-03-31 03052573 2023-03-31 03052573 c:Director1 2023-04-01 2024-03-31 03052573 c:Director2 2023-04-01 2024-03-31 03052573 d:PlantMachinery 2023-04-01 2024-03-31 03052573 d:PlantMachinery 2024-03-31 03052573 d:PlantMachinery 2023-03-31 03052573 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 03052573 d:MotorVehicles 2023-04-01 2024-03-31 03052573 d:MotorVehicles 2024-03-31 03052573 d:MotorVehicles 2023-03-31 03052573 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 03052573 d:FurnitureFittings 2023-04-01 2024-03-31 03052573 d:FurnitureFittings 2024-03-31 03052573 d:FurnitureFittings 2023-03-31 03052573 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 03052573 d:OfficeEquipment 2023-04-01 2024-03-31 03052573 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 03052573 d:CurrentFinancialInstruments 2024-03-31 03052573 d:CurrentFinancialInstruments 2023-03-31 03052573 d:Non-currentFinancialInstruments 2024-03-31 03052573 d:Non-currentFinancialInstruments 2023-03-31 03052573 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 03052573 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 03052573 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 03052573 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 03052573 d:ShareCapital 2024-03-31 03052573 d:ShareCapital 2023-03-31 03052573 d:RetainedEarningsAccumulatedLosses 2024-03-31 03052573 d:RetainedEarningsAccumulatedLosses 2023-03-31 03052573 d:AcceleratedTaxDepreciationDeferredTax 2024-03-31 03052573 d:AcceleratedTaxDepreciationDeferredTax 2023-03-31 03052573 d:TaxLossesCarry-forwardsDeferredTax 2024-03-31 03052573 d:TaxLossesCarry-forwardsDeferredTax 2023-03-31 03052573 c:OrdinaryShareClass1 2023-04-01 2024-03-31 03052573 c:OrdinaryShareClass1 2024-03-31 03052573 c:OrdinaryShareClass1 2023-03-31 03052573 c:FRS102 2023-04-01 2024-03-31 03052573 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 03052573 c:FullAccounts 2023-04-01 2024-03-31 03052573 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 03052573 d:WithinOneYear 2024-03-31 03052573 d:WithinOneYear 2023-03-31 03052573 d:BetweenOneFiveYears 2024-03-31 03052573 d:BetweenOneFiveYears 2023-03-31 03052573 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 03052573









ALPHA ROOFING SERVICES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
ALPHA ROOFING SERVICES LIMITED
REGISTERED NUMBER: 03052573

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

FIXED ASSETS
  

Tangible assets
 4 
18,906
31,256

  
18,906
31,256

CURRENT ASSETS
  

Stocks
  
71,695
56,928

Debtors: amounts falling due within one year
 6 
491,468
455,929

Cash at bank and in hand
  
191,694
212,075

  
754,857
724,932

Creditors: amounts falling due within one year
 7 
(217,813)
(204,885)

NET CURRENT ASSETS
  
 
 
537,044
 
 
520,047

TOTAL ASSETS LESS CURRENT LIABILITIES
  
555,950
551,303

Creditors: amounts falling due after more than one year
 8 
(36,383)
(54,406)

PROVISIONS FOR LIABILITIES
  

Deferred tax
  
(4,679)
(7,801)

  
 
 
(4,679)
 
 
(7,801)

NET ASSETS
  
514,888
489,096


CAPITAL AND RESERVES
  

Called up share capital 
  
100
100

Profit and loss account
  
514,788
488,996

  
514,888
489,096


Page 1

 
ALPHA ROOFING SERVICES LIMITED
REGISTERED NUMBER: 03052573
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The directors consider 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 directors acknowledge their 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: 




Mr P D Short
Mr D T Liles
Director
Director


Date: 26 July 2024
Date:26 July 2024

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
ALPHA ROOFING SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


GENERAL INFORMATION

Alpha Roofing Services Limited is a private company limited by shares and incorporated in England and Wales. It's registered office address is 333 Whapload Road, Lowestoft, Suffolk, NR32 1UL.
The Company's functional and presentational currency is GBP.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

  
2.2

TURNOVER

Turnover comprises revenue recognised by the Company in respect of roofing services supplied during the year, exclusive of Value Added Tax and trade discounts. Turnover is recognised as the fair value of the consideration received or receivable.
Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

the amount of turnover can be measured reliably;

it is probable that the Company will receive the consideration due under the contract;
 
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
 
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

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.

Page 3

 
ALPHA ROOFING SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.ACCOUNTING POLICIES (continued)


2.3
TANGIBLE FIXED ASSETS (CONTINUED)

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:

Plant and machinery
-
10%
Straight line
Motor vehicles
-
20%
Straight line
Office equipment, fixtures and fittings
-
33%
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.

  
2.4

STOCK AND WORK IN PROGRESS

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

 
2.5

DEBTORS

Short-term debtors are measured at transaction price, less any impairment. 

 
2.6

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

CREDITORS

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 
ALPHA ROOFING SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.ACCOUNTING POLICIES (continued)

 
2.8

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 balance sheet 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 balance sheet 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. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.9

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 Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.10

OPERATING LEASES

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 12 (2023 - 11).

Page 5

 
ALPHA ROOFING SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


TANGIBLE FIXED ASSETS





Plant and machinery
Motor vehicles
Office
equipment,
fixtures and
fittings
Total

£
£
£
£



COST OR VALUATION


At 1 April 2023
48,963
176,403
14,301
239,667


Additions
2,038
469
813
3,320


Disposals
-
-
(324)
(324)



At 31 March 2024

51,001
176,872
14,790
242,663



DEPRECIATION


At 1 April 2023
43,911
151,144
13,356
208,411


Charge for the year on owned assets
3,260
11,639
771
15,670


Disposals
-
-
(324)
(324)



At 31 March 2024

47,171
162,783
13,803
223,757



NET BOOK VALUE



At 31 March 2024
3,830
14,089
987
18,906



At 31 March 2023
5,052
25,259
945
31,256


5.


STOCKS

2024
2023
£
£

Materials and consumables
24,961
33,254

Work in progress
46,734
23,674

71,695
56,928


Page 6

 
ALPHA ROOFING SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

6.


DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£


Trade debtors
446,715
400,494

Other debtors
40,697
53,918

Prepayments and accrued income
4,056
1,517

491,468
455,929


Included within other debtors due within one year is a loan to  a director, amounting to £22,929 (2023 - £NIL). Amounts include interest charged at 2.5% per annum and are payable on demand. 




7.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£

Bank loans
18,191
18,182

Trade creditors
126,308
136,806

Corporation tax
14,891
16,849

Other taxation and social security
13,600
12,943

Other creditors
3,230
3,691

Accruals and deferred income
41,593
16,414

217,813
204,885


Other creditors include contributions of £446 (2023 - £118) payable to the Company's defined contribution pension scheme at the balance sheet date.
Bank loans represent a Government backed 'Coronavirus Business Interruption Loan' which was drawn down in March 2021. The loan is 80% guaranteed by the government and there were no fees or interest payable in the first 12 months. After this period, interest is charged on a floating rate basis under which the interest rate will never be less than the margin rate of 2.4% per annum.

Page 7

 
ALPHA ROOFING SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

8.


CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024
2023
£
£

Bank loans
36,383
54,406

36,383
54,406


Bank loans represent a Government backed 'Coronavirus Business Interruption Loan' which was drawn down in March 2021. The loan is 80% guaranteed by the government and there were no fees or interest payable in the first 12 months. After this period, interest is charged on a floating rate basis under which the interest rate will never be less than the margin rate of 2.4% per annum.


9.


DEFERRED TAXATION




2024


£






At beginning of year
(7,801)


Charged to profit or loss
3,122



AT END OF YEAR
(4,679)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(4,727)
(7,814)

Other short term timing differences
48
13

(4,679)
(7,801)


10.


SHARE CAPITAL

2024
2023
£
£
ALLOTTED, CALLED UP AND FULLY PAID



100 (2023 - 100) Ordinary shares of £1.00 each
100
100


Page 8

 
ALPHA ROOFING SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


11.


COMMITMENTS UNDER OPERATING LEASES

At 31 March 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
29,768
24,059

Later than 1 year and not later than 5 years
3,250
10,118

33,018
34,177

 
Page 9