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REGISTERED NUMBER: 09320539 (England and Wales)















Abridged Unaudited Financial Statements for the Year Ended 30 November 2023

for

Baines Roofing Limited

Baines Roofing Limited (Registered number: 09320539)






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




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Baines Roofing Limited

Company Information
for the Year Ended 30 November 2023







DIRECTOR: A Baines





SECRETARY: MS K Ian





REGISTERED OFFICE: 102 Queens Road
North Weald
Essex
CM16 6JG





REGISTERED NUMBER: 09320539 (England and Wales)





ACCOUNTANTS: P T Looker & Co Chartered Accountants
3 Stonards Hill
Epping
Essex
CM16 4QE

Baines Roofing Limited (Registered number: 09320539)

Abridged Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £   
CURRENT ASSETS
Debtors 727,382 301,715
Cash at bank 119,369 256,213
846,751 557,928
CREDITORS
Amounts falling due within one year 517,730 219,934
NET CURRENT ASSETS 329,021 337,994
TOTAL ASSETS LESS CURRENT
LIABILITIES

329,021

337,994

CREDITORS
Amounts falling due after more than one
year

20,000

32,108
NET ASSETS 309,021 305,886

CAPITAL AND RESERVES
Called up share capital 5 110 110
Retained earnings 308,911 305,776
SHAREHOLDERS' FUNDS 309,021 305,886

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 director acknowledges his 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.

Baines Roofing Limited (Registered number: 09320539)

Abridged 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 November 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 August 2024 and were signed by:





A Baines - Director


Baines Roofing Limited (Registered number: 09320539)

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

1. STATUTORY INFORMATION

Baines 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognized in the Statement of Income and Retained Earnings, except to the extent it relates to items recognized in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognized 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 recognized in respect of all significant 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 recognized 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 recognized 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

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

Baines Roofing Limited (Registered number: 09320539)

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

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 December 2022
and 30 November 2023 16,750
DEPRECIATION
At 1 December 2022
and 30 November 2023 16,750
NET BOOK VALUE
At 30 November 2023 -
At 30 November 2022 -

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 December 2022
and 30 November 2023 16,750
DEPRECIATION
At 1 December 2022
and 30 November 2023 16,750
NET BOOK VALUE
At 30 November 2023 -
At 30 November 2022 -

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 30.11.22
value: £    £   
100 Ordinary £1 100 100
10 A Ordinary £1 10 10
110 110