Registered number
13223381
Nationwide Roofing and Cladding (Holdings) Ltd
Unaudited Filleted Accounts
31 December 2023
Nationwide Roofing and Cladding (Holdings) Ltd
Report and accounts
Contents
Page
Company information 1
Director's report 2
Chartered Accountants' report 3
Balance sheet 4
Notes to the accounts 5
Nationwide Roofing and Cladding (Holdings) Ltd
Company Information
Director
Mr P A Trigg
Accountants
Cochrane & Co Accountants Limited
38 Kings Road
Lee-on-the-Solent
Hampshire
PO13 9NU
Registered office
Unit 2
Lake Farm
Allington Lane
Fair Oak
SO50 7DD
Registered number
13223381
Nationwide Roofing and Cladding (Holdings) Ltd
Registered number: 13223381
Director's Report
The director presents his report and accounts for the year ended 31 December 2023.
Principal activities
The company's principal activity during the year continued to be that of a holding company.
Directors
The following persons served as directors during the year:
Mr P A Trigg
Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 17 June 2024 and signed on its behalf.
Mr P A Trigg
Director
Nationwide Roofing and Cladding (Holdings) Ltd
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Nationwide Roofing and Cladding (Holdings) Ltd for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Nationwide Roofing and Cladding (Holdings) Ltd for the year ended 31 December 2023 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at
www.icaew.com/en/members/regulations-standards-and-guidance
Our work has been undertaken in accordance with ICAEW Technical Release 07/16 AAF.
Cochrane & Co Accountants Limited
Chartered Accountants
38 Kings Road
Lee-on-the-Solent
Hampshire
PO13 9NU
19 June 2024
Nationwide Roofing and Cladding (Holdings) Ltd
Registered number: 13223381
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Fixed assets
Investments 3 1,200,000 1,200,000
Creditors: amounts falling due within one year 4 (554,874) (544,754)
Net current liabilities (554,874) (544,754)
Net assets 645,126 655,246
Capital and reserves
Called up share capital 4 4
Merger relief reserve 299,999 299,999
Profit and loss account 345,123 355,243
Shareholders' funds 645,126 655,246
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr P A Trigg
Director
Approved by the board on 17 June 2024
Nationwide Roofing and Cladding (Holdings) Ltd
Notes to the Accounts
for the year ended 31 December 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 2 2
3 Investments
Investments in
subsidiary
undertakings
£
Cost
At 1 January 2023 1,200,000
At 31 December 2023 1,200,000
4 Creditors: amounts falling due within one year 2023 2022
£ £
Amounts owed to group undertakings and undertakings in which the company has a participating interest 366,559 122,058
Other creditors 188,315 422,696
554,874 544,754
5 Other information
Nationwide Roofing and Cladding (Holdings) Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Unit 2
Lake Farm
Allington Lane
Fair Oak
SO50 7DD
Nationwide Roofing and Cladding (Holdings) Ltd 13223381 false 2023-01-01 2023-12-31 2023-12-31 VT Final Accounts April 2024 13223381 2022-01-01 2022-12-31 13223381 core:WithinOneYear 2022-12-31 13223381 core:ShareCapital 2022-12-31 13223381 core:SharePremium 2022-12-31 13223381 core:RetainedEarningsAccumulatedLosses 2022-12-31 13223381 2023-01-01 2023-12-31 13223381 bus:EntityNoLongerTradingButTradedInPast 2023-01-01 2023-12-31 13223381 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13223381 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 13223381 bus:Director1 2023-01-01 2023-12-31 13223381 2 2023-01-01 2023-12-31 13223381 countries:England 2023-01-01 2023-12-31 13223381 bus:FRS102 2023-01-01 2023-12-31 13223381 bus:FilletedAccounts 2023-01-01 2023-12-31 13223381 2023-12-31 13223381 core:WithinOneYear 2023-12-31 13223381 core:ShareCapital 2023-12-31 13223381 core:SharePremium 2023-12-31 13223381 core:RetainedEarningsAccumulatedLosses 2023-12-31 13223381 2022-12-31 iso4217:GBP xbrli:pure