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REGISTERED NUMBER: 05384510 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

HARAN ROOFING LIMITED

HARAN ROOFING LIMITED (REGISTERED NUMBER: 05384510)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

HARAN ROOFING LIMITED

Company Information
for the Year Ended 31 March 2024







DIRECTOR: H Thomas





SECRETARY:





REGISTERED OFFICE: Ty Ferlon
Bridgend Road
LLANHARAN
Rhondda Cynon Taff
CF72 9RD





REGISTERED NUMBER: 05384510 (England and Wales)





ACCOUNTANTS: James de Frias
Chartered Accountants
Llanover House
Llanover Road
Pontypridd
Rhondda Cynon Taff
CF37 4DY

HARAN ROOFING LIMITED (REGISTERED NUMBER: 05384510)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 110,768 115,292

CURRENT ASSETS
Debtors 5 360,201 640,084
Cash at bank 94,594 85,968
454,795 726,052
CREDITORS
Amounts falling due within one year 6 209,468 422,157
NET CURRENT ASSETS 245,327 303,895
TOTAL ASSETS LESS CURRENT
LIABILITIES

356,095

419,187

CREDITORS
Amounts falling due after more than one
year

7

(60,545

)

(94,313

)

PROVISIONS FOR LIABILITIES (27,692 ) (28,823 )
NET ASSETS 267,858 296,051

CAPITAL AND RESERVES
Called up share capital 20 20
Capital redemption reserve 85 85
Retained earnings 267,753 295,946
267,858 296,051

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

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 director and authorised for issue on 26 June 2024 and were signed by:




H Thomas - Director


HARAN ROOFING LIMITED (REGISTERED NUMBER: 05384510)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Haran 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.
Fixtures and fittings - 20% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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
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.

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2023 - 22 ) .

HARAN ROOFING LIMITED (REGISTERED NUMBER: 05384510)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 19,395 1,000 204,850 4,378 229,623
Additions 4,583 - 22,500 - 27,083
At 31 March 2024 23,978 1,000 227,350 4,378 256,706
DEPRECIATION
At 1 April 2023 412 1,000 108,541 4,378 114,331
Charge for year 5,319 - 26,288 - 31,607
At 31 March 2024 5,731 1,000 134,829 4,378 145,938
NET BOOK VALUE
At 31 March 2024 18,247 - 92,521 - 110,768
At 31 March 2023 18,983 - 96,309 - 115,292

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 April 2023 19,395 110,691 130,086
Additions - 22,500 22,500
At 31 March 2024 19,395 133,191 152,586
DEPRECIATION
At 1 April 2023 412 28,375 28,787
Charge for year 4,746 22,790 27,536
At 31 March 2024 5,158 51,165 56,323
NET BOOK VALUE
At 31 March 2024 14,237 82,026 96,263
At 31 March 2023 18,983 82,316 101,299

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 354,975 592,004
Other debtors 5,226 48,080
360,201 640,084

HARAN ROOFING LIMITED (REGISTERED NUMBER: 05384510)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 13,275 14,677
Hire purchase contracts 39,430 32,318
Trade creditors 103,830 317,575
Taxation and social security 52,916 57,587
Other creditors 17 -
209,468 422,157

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans 12,710 26,886
Hire purchase contracts 47,835 67,427
60,545 94,313

8. SECURED DEBTS

The following secured debts are included within creditors:

31.3.24 31.3.23
£    £   
Bank loans 25,985 41,563
Hire purchase contracts 87,265 99,745
113,250 141,308

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
H Thomas
Balance outstanding at start of year 7,701 7,862
Amounts advanced - 147,623
Amounts repaid (7,701 ) (147,784 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 7,701

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £80,000 (2023 - £80,500) were paid to the director .

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Haran Roofing Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Haran Roofing Limited for the year ended 31 March 2024 which comprise the Income Statement, 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 (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Haran Roofing Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Haran Roofing Limited and state those matters that we have agreed to state to the director of Haran Roofing Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Haran Roofing Limited and its director for our work or for this report.

It is your duty to ensure that Haran Roofing Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Haran Roofing Limited. You consider that Haran Roofing Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Haran Roofing Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






James de Frias
Chartered Accountants
Llanover House
Llanover Road
Pontypridd
Rhondda Cynon Taff
CF37 4DY


26 June 2024