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REGISTERED NUMBER: 04884875 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

R. G. HINDS ROOFING LIMITED

R. G. HINDS ROOFING LIMITED (REGISTERED NUMBER: 04884875)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

R. G. HINDS ROOFING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: R G Hinds
Mrs M D Hinds
R R Hinds
A T Rapson





SECRETARY: Mrs M D Hinds





REGISTERED OFFICE: Kingsland House
39 Abbey Foregate
Shrewsbury
Shropshire
SY2 6BL





REGISTERED NUMBER: 04884875 (England and Wales)





ACCOUNTANTS: D.R.E. & Co. Limited
Chartered Accountants
Kingsland House
39 Abbey Foregate
Shrewsbury
Shropshire
SY2 6BL

R. G. HINDS ROOFING LIMITED (REGISTERED NUMBER: 04884875)

BALANCE SHEET
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 44,683 59,131

CURRENT ASSETS
Debtors 5 404,434 274,619
Cash at bank and in hand 234,145 314,121
638,579 588,740
CREDITORS
Amounts falling due within one year 6 228,473 171,384
NET CURRENT ASSETS 410,106 417,356
TOTAL ASSETS LESS CURRENT
LIABILITIES

454,789

476,487

PROVISIONS FOR LIABILITIES 10,670 10,736
NET ASSETS 444,119 465,751

CAPITAL AND RESERVES
Called up share capital 110 110
Retained earnings 444,009 465,641
SHAREHOLDERS' FUNDS 444,119 465,751

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

R. G. HINDS ROOFING LIMITED (REGISTERED NUMBER: 04884875)

BALANCE SHEET - continued
30 APRIL 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 1 November 2024 and were signed on its behalf by:





R G Hinds - Director


R. G. HINDS ROOFING LIMITED (REGISTERED NUMBER: 04884875)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

R. G. Hinds 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.

The financial statements are for the individual entity only.

The financial statements are presented in sterling (£), rounded to the nearest £1.

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
Tangible fixed assets are stated at historic cost less accumulated depreciation. Cost includes the original purchase price, costs attributable to bringing the asset to its working condition for its intended use, dismantling and restoration costs and borrowing costs capitalised.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery- 15% on reducing balance
Fixtures and fittings- 25% on reducing balance
Motor vehicles- 20% on reducing balance

Financial instruments
(i) Financial assets

Basic financial assets, including trade receivables and cash and bank balances, are initially recognised at transaction price and subsequently carried at amortised cost with an assessment for objective evidence of impairment. Any impairment is recognised in profit or loss.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards or control of the ownership of the asset are transferred to another party.

(ii) Financial liabilities

Basic financial liabilities, including trade and other payables are initially recognised at transaction price and subsequently carried at amortised cost.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.


R. G. HINDS ROOFING LIMITED (REGISTERED NUMBER: 04884875)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

2. ACCOUNTING POLICIES - continued
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.

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.

Amounts recoverable on contracts
Contracts for services have been accounted for as long term contracts where contract activity falls into different accounting periods, in accordance with the provisions of Section 1A "Small Entities" of FRS102. The amount recorded as turnover is ascertained by reference to the value of the work carried out to date. Attributable profit is recognised as the difference between recorded turnover and related costs.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 9 ) .

R. G. HINDS ROOFING LIMITED (REGISTERED NUMBER: 04884875)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 May 2023 4,267 3,983 123,363 131,613
Disposals - - (10,575 ) (10,575 )
At 30 April 2024 4,267 3,983 112,788 121,038
DEPRECIATION
At 1 May 2023 3,161 3,553 65,768 72,482
Charge for year 166 100 10,683 10,949
Eliminated on disposal - - (7,076 ) (7,076 )
At 30 April 2024 3,327 3,653 69,375 76,355
NET BOOK VALUE
At 30 April 2024 940 330 43,413 44,683
At 30 April 2023 1,106 430 57,595 59,131

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 291,707 107,698
Amounts recoverable on contract 97,805 152,091
Other debtors 3,700 3,700
Prepayments and accrued income 11,222 11,130
404,434 274,619

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 39,753 30,084
Tax 27,443 52,197
Social security and other taxes 58,424 21,007
Other creditors 1,227 1,085
Directors' loan accounts 83,065 54,226
Accrued expenses 18,561 12,785
228,473 171,384

7. TRANSACTIONS WITH DIRECTORS

The company operates from a site owned by the director R G Hinds. During the year the company was charged rent of £10,000 (2023: £10,000).

During the year sales of £NIL (2023: £50,006) were made to the director R G Hinds.

All transactions took place on a normal commercial basis.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
R. G. HINDS 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 R. G. Hinds Roofing Limited for the year ended 30 April 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity 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 R. G. Hinds 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 R. G. Hinds Roofing Limited and state those matters that we have agreed to state to the Board of Directors of R. G. Hinds 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 R. G. Hinds Roofing Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that R. G. Hinds 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 R. G. Hinds Roofing Limited. You consider that R. G. Hinds 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 R. G. Hinds 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.






D.R.E. & Co. Limited
Chartered Accountants
Kingsland House
39 Abbey Foregate
Shrewsbury
Shropshire
SY2 6BL


1 November 2024