IRIS Accounts Production v24.1.4.33 12330542 Board of Directors 1.12.22 30.11.23 30.11.23 false true false false true false Ordinary Shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh123305422022-11-30123305422023-11-30123305422022-12-012023-11-30123305422021-11-30123305422021-12-012022-11-30123305422022-11-3012330542ns15:EnglandWales2022-12-012023-11-3012330542ns14:PoundSterling2022-12-012023-11-3012330542ns10:Director12022-12-012023-11-3012330542ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3012330542ns10:SmallEntities2022-12-012023-11-3012330542ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3012330542ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3012330542ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3012330542ns10:FullAccounts2022-12-012023-11-3012330542ns10:OrdinaryShareClass12022-12-012023-11-3012330542ns10:Director22022-12-012023-11-3012330542ns10:RegisteredOffice2022-12-012023-11-3012330542ns5:CurrentFinancialInstruments2023-11-3012330542ns5:CurrentFinancialInstruments2022-11-3012330542ns5:Non-currentFinancialInstruments2023-11-3012330542ns5:Non-currentFinancialInstruments2022-11-3012330542ns5:ShareCapital2023-11-3012330542ns5:ShareCapital2022-11-3012330542ns5:RetainedEarningsAccumulatedLosses2023-11-3012330542ns5:RetainedEarningsAccumulatedLosses2022-11-3012330542ns5:MotorVehicles2022-12-012023-11-3012330542ns5:ComputerEquipment2022-12-012023-11-3012330542ns5:MotorVehicles2022-11-3012330542ns5:ComputerEquipment2022-11-3012330542ns5:MotorVehicles2023-11-3012330542ns5:ComputerEquipment2023-11-3012330542ns5:MotorVehicles2022-11-3012330542ns5:ComputerEquipment2022-11-3012330542ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3012330542ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-3012330542ns5:DeferredTaxation2022-11-3012330542ns5:DeferredTaxation2023-11-3012330542ns10:OrdinaryShareClass12023-11-30
REGISTERED NUMBER: 12330542 (England and Wales)







Unaudited Financial Statements

for the Year Ended 30 November 2023

for

Cardinal Roofing Limited

Cardinal Roofing Limited (Registered number: 12330542)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cardinal Roofing Limited

Company Information
for the Year Ended 30 November 2023







DIRECTORS: Mr C Welsh
Ms M Cross





REGISTERED OFFICE: The Tower
The Maltings
Hoe Lane
Ware
Hertfordshire
SG12 9LR





REGISTERED NUMBER: 12330542 (England and Wales)





ACCOUNTANTS: DSCO
The Tower
The Maltings
Hoe Lane
Ware
Hertfordshire
SG12 9LR

Cardinal Roofing Limited (Registered number: 12330542)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 20,814 16,950

CURRENT ASSETS
Stocks 685 26,251
Debtors 5 213,992 146,107
Cash at bank 212,880 98,604
427,557 270,962
CREDITORS
Amounts falling due within one year 6 255,972 213,453
NET CURRENT ASSETS 171,585 57,509
TOTAL ASSETS LESS CURRENT
LIABILITIES

192,399

74,459

CREDITORS
Amounts falling due after more than one
year

7

(3,182

)

(6,500

)

PROVISIONS FOR LIABILITIES 8 (5,204 ) (3,650 )
NET ASSETS 184,013 64,309

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 183,913 64,209
SHAREHOLDERS' FUNDS 184,013 64,309

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

Cardinal Roofing Limited (Registered number: 12330542)

Balance Sheet - continued
30 November 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 1 August 2024 and were signed on its behalf by:





Mr C Welsh - Director


Cardinal Roofing Limited (Registered number: 12330542)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Cardinal Roofing Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

Cardinal Roofing Limited (Registered number: 12330542)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 December 2022 22,600 - 22,600
Additions 9,700 1,240 10,940
At 30 November 2023 32,300 1,240 33,540
DEPRECIATION
At 1 December 2022 5,650 - 5,650
Charge for year 6,663 413 7,076
At 30 November 2023 12,313 413 12,726
NET BOOK VALUE
At 30 November 2023 19,987 827 20,814
At 30 November 2022 16,950 - 16,950

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 148,124 94,325
Other debtors 65,868 51,782
213,992 146,107

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade creditors 80,852 80,316
Taxation and social security 53,826 24,036
Other creditors 121,294 109,101
255,972 213,453

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Other creditors 3,182 6,500

8. PROVISIONS FOR LIABILITIES
30.11.23 30.11.22
£    £   
Deferred tax 5,204 3,650

Cardinal Roofing Limited (Registered number: 12330542)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 December 2022 3,650
Accelerated Capital Allowance 1,554
Balance at 30 November 2023 5,204

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 30.11.22
value: £    £   
100 Ordinary Shares £1 100 100

10. RELATED PARTY DISCLOSURES

Cardinal Flat Roofing Ltd
During the year the company maintained an inter-company loan account with Cardinal Flat Roofing Ltd. As at the year end, Cardinal Roofing Limited owed Cardinal Flat Roofing Ltd £36.

Cardinal Holdings Limited
During the year the company maintained an inter-company loan account with Cardinal Holdings Limited. As at the year end, Cardinal Holdings Limited owed Cardinal Roofing Limited £170.

11. ULTIMATE CONTROLLING PARTY

The controlling party is Mr C Welsh.