Silverfin false false 30/04/2024 01/05/2023 30/04/2024 MR J.P. Rowley 27/04/2023 Mr J.J. Traynier 27/04/2023 19 July 2024 The principal activity of the Company in the financial year was Roofing activities. 14831478 2024-04-30 14831478 bus:Director1 2024-04-30 14831478 bus:Director2 2024-04-30 14831478 core:CurrentFinancialInstruments 2024-04-30 14831478 core:Non-currentFinancialInstruments 2024-04-30 14831478 core:ShareCapital 2024-04-30 14831478 core:RetainedEarningsAccumulatedLosses 2024-04-30 14831478 core:Vehicles 2023-04-30 14831478 core:ToolsEquipment 2023-04-30 14831478 2023-04-30 14831478 core:Vehicles 2024-04-30 14831478 core:ToolsEquipment 2024-04-30 14831478 bus:OrdinaryShareClass1 2024-04-30 14831478 2023-05-01 2024-04-30 14831478 bus:FilletedAccounts 2023-05-01 2024-04-30 14831478 bus:SmallEntities 2023-05-01 2024-04-30 14831478 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 14831478 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 14831478 bus:Director1 2023-05-01 2024-04-30 14831478 bus:Director2 2023-05-01 2024-04-30 14831478 core:Vehicles 2023-05-01 2024-04-30 14831478 core:ToolsEquipment 2023-05-01 2024-04-30 14831478 bus:OrdinaryShareClass1 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 14831478 (England and Wales)

JJ ROOFING SOLUTIONS LIMITED

Unaudited Financial Statements
For the financial period ended 30 April 2024
Pages for filing with the registrar

JJ ROOFING SOLUTIONS LIMITED

Unaudited Financial Statements

For the financial period ended 30 April 2024

Contents

JJ ROOFING SOLUTIONS LIMITED

COMPANY INFORMATION

For the financial period ended 30 April 2024
JJ ROOFING SOLUTIONS LIMITED

COMPANY INFORMATION (continued)

For the financial period ended 30 April 2024
DIRECTORS MR J.P. Rowley
Mr J.J. Traynier
REGISTERED OFFICE 24 Dolphin Close
Cherry Hinton
Cambridge
Cambridgeshire
CB1 9GU
United Kingdom
BUSINESS ADDRESS 24 Dolphin Close,
Cherry Hinton
Cambridge
Cambridgeshire
CB1 9GU
United Kingdom
COMPANY NUMBER 14831478 (England and Wales)
ACCOUNTANT Corbett Accountants Limited
Bakersfield
82 Station Road
Soham
Ely
Cambridgeshire
CB7 5DZ
JJ ROOFING SOLUTIONS LIMITED

BALANCE SHEET

As at 30 April 2024
JJ ROOFING SOLUTIONS LIMITED

BALANCE SHEET (continued)

As at 30 April 2024
Note 2024
£
Fixed assets
Tangible assets 3 5,756
5,756
Current assets
Stocks 4,400
Debtors 4 28,665
Cash at bank and in hand 1,047
34,112
Creditors: amounts falling due within one year 5 ( 22,866)
Net current assets 11,246
Total assets less current liabilities 17,002
Creditors: amounts falling due after more than one year 6 ( 15,000)
Provision for liabilities 7 ( 159)
Net assets 1,843
Capital and reserves
Called-up share capital 8 200
Profit and loss account 1,643
Total shareholders' funds 1,843

For the financial period ending 30 April 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of JJ Roofing Solutions Limited (registered number: 14831478) were approved and authorised for issue by the Board of Directors on 19 July 2024. They were signed on its behalf by:

MR J.P. Rowley
Director
JJ ROOFING SOLUTIONS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period ended 30 April 2024
JJ ROOFING SOLUTIONS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period ended 30 April 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

JJ Roofing Solutions Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 24 Dolphin Close, Cherry Hinton, Cambridge, Cambridgeshire, CB1 9GU, United Kingdom. The principal place of business is 24 Dolphin Close,, Cherry Hinton, Cambridge, Cambridgeshire, CB1 9GU, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
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 financial statements. 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.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Vehicles 20 % reducing balance
Tools and equipment 20 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

2024
Number
Monthly average number of persons employed by the Company during the period, including directors 2

3. Tangible assets

Vehicles Tools and equipment Total
£ £ £
Cost
At 01 May 2023 0 0 0
Additions 4,000 3,195 7,195
At 30 April 2024 4,000 3,195 7,195
Accumulated depreciation
At 01 May 2023 0 0 0
Charge for the financial period 800 639 1,439
At 30 April 2024 800 639 1,439
Net book value
At 30 April 2024 3,200 2,556 5,756

4. Debtors

2024
£
Trade debtors 20,369
Other debtors 8,296
28,665

5. Creditors: amounts falling due within one year

2024
£
Trade creditors 1,268
Amounts owed to directors 15,578
Corporation tax 3,980
Other creditors 2,040
22,866

6. Creditors: amounts falling due after more than one year

2024
£
Bank loans 15,000

7. Provision for liabilities

2024
£
Deferred tax 159

8. Called-up share capital

2024
£
Allotted, called-up and fully-paid
200 Ordinary shares of £ 1.00 each 200

9. Related party transactions

Transactions with the entity's directors

2024
£
The directors charged the company for use of office during the year. 1,800
Included in creditors is a directors' loan. The loan is interest free and there are no repayment terms. 15,578
Dividends were paid in the year in respect of shares held by the company's directors. 16,000