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REGISTERED NUMBER: SC340284 (Scotland)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Rooftec (Scotland) Limited

Rooftec (Scotland) Limited (Registered number: SC340284)






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




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Rooftec (Scotland) Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: M Cattanach





REGISTERED OFFICE: 12 Abbotsinch Road
Grangemouth
FK3 9UX





REGISTERED NUMBER: SC340284 (Scotland)





ACCOUNTANTS: McDougall Johnstone Limited
280a St Vincent Street
Glasgow
G2 5RL

Rooftec (Scotland) Limited (Registered number: SC340284)

Abridged Balance Sheet
31 March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 41,624 22,154
41,624 22,154

CURRENT ASSETS
Stocks 65,573 123,166
Debtors 195,500 25,000
Cash at bank 136,065 148,124
397,138 296,290
CREDITORS
Amounts falling due within one year (279,048 ) (174,220 )
NET CURRENT ASSETS 118,090 122,070
TOTAL ASSETS LESS CURRENT
LIABILITIES

159,714

144,224

CREDITORS
Amounts falling due after more than one year (117,241 ) (66,058 )

PROVISIONS FOR LIABILITIES (6,353 ) (1,008 )
NET ASSETS 36,120 77,158

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 35,920 76,958
36,120 77,158

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.

Rooftec (Scotland) Limited (Registered number: SC340284)

Abridged 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 9 September 2024 and were signed by:





M Cattanach - Director


Rooftec (Scotland) Limited (Registered number: SC340284)

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

1. STATUTORY INFORMATION

Rooftec (Scotland) Limited is a private company, limited by shares , registered in Scotland. 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 25% on reducing balance
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Rooftec (Scotland) Limited (Registered number: SC340284)

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

2. ACCOUNTING POLICIES - continued

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 11 (2023 - 12 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023
and 31 March 2024 2,946
AMORTISATION
At 1 April 2023
and 31 March 2024 2,946
NET BOOK VALUE

At 31 March 2024 -
At 31 March 2023 -

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023 89,139
Additions 30,557
Disposals (12,985 )
At 31 March 2024 106,711
DEPRECIATION
At 1 April 2023 66,985
Charge for year 9,354
Eliminated on disposal (11,252 )
At 31 March 2024 65,087
NET BOOK VALUE
At 31 March 2024 41,624
At 31 March 2023 22,154

Rooftec (Scotland) Limited (Registered number: SC340284)

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

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 April 2023 20,379
Additions 19,990
At 31 March 2024 40,369
DEPRECIATION
At 1 April 2023 11,781
Charge for year 2,149
At 31 March 2024 13,930
NET BOOK VALUE
At 31 March 2024 26,439
At 31 March 2023 8,598

6. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year end, there is an amount due to the directors from Rooftec (Scotland) Ltd of £439 (2023 : £586). This amount is shown within other creditors.

7. RELATED PARTY DISCLOSURES

Included within other debtors is an amount of £138,450 due from Braw Wee Hoose Ltd, this company is controlled by Mrs Nicola Cattanach who is also a shareholder of Rooftec (Scotland) Ltd.