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REGISTERED NUMBER: 09973050 (England and Wales)










CHELMSFORD ROOFING SUPPLIES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






CHELMSFORD ROOFING SUPPLIES LIMITED (REGISTERED NUMBER: 09973050)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CHELMSFORD ROOFING SUPPLIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: C R Lowe
R J Lowe
Ms K Makaroff





REGISTERED OFFICE: 36 Church Street
Great Baddow
Chelmsford
Essex
CM2 7HY





REGISTERED NUMBER: 09973050 (England and Wales)





ACCOUNTANTS: Hakim Fry
Chartered Accountants
69-71 East Street
Epsom
Surrey
KT17 1BP

CHELMSFORD ROOFING SUPPLIES LIMITED (REGISTERED NUMBER: 09973050)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 71,724 80,292

CURRENT ASSETS
Stocks 549,005 704,030
Debtors 5 161,991 249,921
Cash at bank and in hand 294,380 201,502
1,005,376 1,155,453
CREDITORS
Amounts falling due within one year 6 251,579 453,973
NET CURRENT ASSETS 753,797 701,480
TOTAL ASSETS LESS CURRENT
LIABILITIES

825,521

781,772

CREDITORS
Amounts falling due after more than one
year

7

(541,938

)

(537,650

)

PROVISIONS FOR LIABILITIES (15,370 ) (15,255 )
NET ASSETS 268,213 228,867

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 268,209 228,863
268,213 228,867

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 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.

CHELMSFORD ROOFING SUPPLIES LIMITED (REGISTERED NUMBER: 09973050)

BALANCE SHEET - continued
31 MARCH 2024


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 19 September 2024 and were signed on its behalf by:





C R Lowe - Director


CHELMSFORD ROOFING SUPPLIES LIMITED (REGISTERED NUMBER: 09973050)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Chelmsford Roofing Supplies 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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
Plant & Machinery - 20% Straight Line
Motor Vehicle - 25% Straight Line
Fixtures & Fittings - 25% Straight Line

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

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

CHELMSFORD ROOFING SUPPLIES LIMITED (REGISTERED NUMBER: 09973050)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 106,996
Additions 22,541
At 31 March 2024 129,537
DEPRECIATION
At 1 April 2023 26,704
Charge for year 31,109
At 31 March 2024 57,813
NET BOOK VALUE
At 31 March 2024 71,724
At 31 March 2023 80,292

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 158,722 242,186
Other debtors 3,269 7,735
161,991 249,921

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 188,553 380,330
Taxation and social security 47,510 63,730
Other creditors 15,516 9,913
251,579 453,973

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Other creditors 541,938 537,650

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 541,938 -

CHELMSFORD ROOFING SUPPLIES LIMITED (REGISTERED NUMBER: 09973050)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.3.24 31.3.23
£    £   
Within one year - 11,300
Between one and five years - 19,000
- 30,300

9. RELATED PARTY DISCLOSURES

The company has received an interest bearing long term loan from a related company in which two of the directors are also directors and have a non-controlling shareholding. The amount outstanding as at 31 March 2024 is £541,938.

The two companies trade with each other on normal commercial terms and balances are included in trade debtors and creditors.