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REGISTERED NUMBER: 06777719 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

B C (ROOFING CONTRACTORS) LIMITED

B C (ROOFING CONTRACTORS) LIMITED (REGISTERED NUMBER: 06777719)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


B C (ROOFING CONTRACTORS) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: B Collen
I Catterall
S Collen





SECRETARY: I Catterall





REGISTERED OFFICE: 31 Northampton Road
Scunthorpe
North Lincolnshire
DN16 1UJ





REGISTERED NUMBER: 06777719 (England and Wales)

B C (ROOFING CONTRACTORS) LIMITED (REGISTERED NUMBER: 06777719)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 135,271 106,057

CURRENT ASSETS
Stocks 60,000 97,000
Debtors 6 1,410,975 2,169,474
Cash at bank and in hand 2,820,230 1,604,811
4,291,205 3,871,285
CREDITORS
Amounts falling due within one year 7 2,146,527 2,061,213
NET CURRENT ASSETS 2,144,678 1,810,072
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,279,949

1,916,129

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 2,278,949 1,915,129
SHAREHOLDERS' FUNDS 2,279,949 1,916,129

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

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

B C (ROOFING CONTRACTORS) LIMITED (REGISTERED NUMBER: 06777719)

BALANCE SHEET - continued
31 DECEMBER 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 20 September 2024 and were signed on its behalf by:




B Collen - Director



I Catterall - Director


B C (ROOFING CONTRACTORS) LIMITED (REGISTERED NUMBER: 06777719)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

B C (Roofing Contractors) 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements have been prepared under the historical cost convention.

REVENUE
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover comprises revenue recognised by the company in respect of applications and retentions made in respect of contract work carried out. Turnover is recognised with reference to the degree of completion of each contract. It also includes sales of roofing materials supplied under supply only agreements, exclusive of value added tax and trade discounts.

TANGIBLE FIXED ASSETS
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their estimated residual value over their useful economic lives, using the straight line and reducing balance methods.

Depreciation is provided on the following bases:
Motor vehicles - 25% straight line
Plant and machinery - 15% reducing balance
Computer equipment - 15% reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of comprehensive income.

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.


B C (ROOFING CONTRACTORS) LIMITED (REGISTERED NUMBER: 06777719)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

3. ACCOUNTING POLICIES - continued
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.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 40 (2022 - 40 ) .

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2023 63,445 432,072 18,697 514,214
Additions - 91,141 655 91,796
Disposals - (77,520 ) - (77,520 )
At 31 December 2023 63,445 445,693 19,352 528,490
DEPRECIATION
At 1 January 2023 40,891 356,114 11,152 408,157
Charge for year 3,383 42,691 1,008 47,082
Eliminated on disposal - (62,020 ) - (62,020 )
At 31 December 2023 44,274 336,785 12,160 393,219
NET BOOK VALUE
At 31 December 2023 19,171 108,908 7,192 135,271
At 31 December 2022 22,554 75,958 7,545 106,057

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 767,650 749,638
Amounts recoverable on contract 305,277 1,144,330
Other debtors 338,048 275,506
1,410,975 2,169,474

B C (ROOFING CONTRACTORS) LIMITED (REGISTERED NUMBER: 06777719)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1,592,048 1,549,259
Taxation and social security 194,161 180,875
Other creditors 360,318 331,079
2,146,527 2,061,213

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 29,513 28,487

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, dividends were paid to the directors as follows:

Mr I Catterall - £18,000 (2022 - £ 18,000)
Mr B Collen - £ 9,000 (2022 - £ 9,000)
Mr S Collen - £ 9,000 (2022 - £ 9,000)

At the year end, amounts payable to the directors were as follows:

Mr I Catterall - £ NIL (2022 - £NIL)
Mr B Collen - £ 3,211 (2022 - £3,851)
Mr S Collen - £ NIL (2021 - £ NIL)

These amounts are included in other creditors.