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REGISTERED NUMBER: 13143981 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 January 2024

for

Goulds Roofing Limited

Goulds Roofing Limited (Registered number: 13143981)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

Goulds Roofing Limited

Company Information
for the Year Ended 31 January 2024







DIRECTORS: Mrs D Gould
C K Gould





SECRETARY:





REGISTERED OFFICE: 189 Lynchford Road
Farnborough
Hampshire
GU14 6HD





REGISTERED NUMBER: 13143981 (England and Wales)





ACCOUNTANTS: Graham Best & Co
189 Lynchford Road
Farnborough
Hampshire
GU14 6HD

Goulds Roofing Limited (Registered number: 13143981)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 26,324 36,477

CURRENT ASSETS
Stocks 2,000 1,500
Debtors 5 152,105 154,471
Cash at bank 8,137 39,891
162,242 195,862
CREDITORS
Amounts falling due within one year 6 122,335 121,419
NET CURRENT ASSETS 39,907 74,443
TOTAL ASSETS LESS CURRENT
LIABILITIES

66,231

110,920

CREDITORS
Amounts falling due after more than one
year

7

25,901

34,084
NET ASSETS 40,330 76,836

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 40,328 76,834
SHAREHOLDERS' FUNDS 40,330 76,836

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

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

Goulds Roofing Limited (Registered number: 13143981)

Balance Sheet - continued
31 January 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 23 October 2024 and were signed on its behalf by:





C K Gould - Director


Goulds Roofing Limited (Registered number: 13143981)

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

1. STATUTORY INFORMATION

Goulds 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.
Plant and machinery etc - 25% on reducing balance

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 (2023 - 2 ) .

Goulds Roofing Limited (Registered number: 13143981)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023 51,749
Disposals (2,450 )
At 31 January 2024 49,299
DEPRECIATION
At 1 February 2023 15,272
Charge for year 8,775
Eliminated on disposal (1,072 )
At 31 January 2024 22,975
NET BOOK VALUE
At 31 January 2024 26,324
At 31 January 2023 36,477

5. DEBTORS
31.1.24 31.1.23
£    £   
Amounts falling due within one year:
Trade debtors 106,989 64,767
Other debtors 41,537 83,500
148,526 148,267

Amounts falling due after more than one year:
Other debtors 3,579 6,204

Aggregate amounts 152,105 154,471

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors 8,712 2,538
Taxation and social security 27,778 56,341
Other creditors 85,845 62,540
122,335 121,419

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Hire purchase contracts 25,901 34,084

Goulds Roofing Limited (Registered number: 13143981)

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

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2024 and 31 January 2023:

31.1.24 31.1.23
£    £   
C K Gould
Balance outstanding at start of year (12,306 ) 9,709
Amounts advanced 78,212 85,606
Amounts repaid (77,365 ) (107,621 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (11,459 ) (12,306 )

Mrs D Gould
Balance outstanding at start of year (12,458 ) 10,000
Amounts advanced 12,000 -
Amounts repaid (18,464 ) (22,458 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (18,922 ) (12,458 )

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Goulds Roofing Limited

The following reproduces the text of the report prepared for the directors 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 Directors 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 Goulds Roofing Limited for the year ended 31 January 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 Board of Directors of Goulds Roofing Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Goulds Roofing Limited and state those matters that we have agreed to state to the Board of Directors of Goulds Roofing Limited, as a body, 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 Goulds Roofing Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Goulds 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 Goulds Roofing Limited. You consider that Goulds 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 Goulds 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.






Graham Best & Co
189 Lynchford Road
Farnborough
Hampshire
GU14 6HD


23 October 2024