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REGISTERED NUMBER: 13884256 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28TH FEBRUARY 2024

FOR

FERNBANK FLAT ROOFING LIMITED

FERNBANK FLAT ROOFING LIMITED (REGISTERED NUMBER: 13884256)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28TH FEBRUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FERNBANK FLAT ROOFING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28TH FEBRUARY 2024







DIRECTORS: C E Hull
JA Northern





REGISTERED OFFICE: Fernbank Church Street
Burton Latimer
Kettering
NN15 5LU





REGISTERED NUMBER: 13884256 (England and Wales)





ACCOUNTANTS: Bewers Turner & Co LLP
Chartered Accountants
Portland House
11-13 Station Road
Kettering
Northamptonshire
NN15 7HH

FERNBANK FLAT ROOFING LIMITED (REGISTERED NUMBER: 13884256)

BALANCE SHEET
28TH FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 11,906 34,276

CURRENT ASSETS
Debtors 5 40,010 19,552
Cash at bank and in hand 6,052 6,201
46,062 25,753
CREDITORS
Amounts falling due within one year 6 57,764 47,272
NET CURRENT LIABILITIES (11,702 ) (21,519 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

204

12,757

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 104 12,657
204 12,757

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 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.

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 Statement of Income and Retained Earnings has not been delivered.

FERNBANK FLAT ROOFING LIMITED (REGISTERED NUMBER: 13884256)

BALANCE SHEET - continued
28TH FEBRUARY 2024



The financial statements were approved by the Board of Directors and authorised for issue on 28th November 2024 and were signed on its behalf by:





JA Northern - Director


FERNBANK FLAT ROOFING LIMITED (REGISTERED NUMBER: 13884256)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28TH FEBRUARY 2024


1. STATUTORY INFORMATION

Fernbank Flat 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.

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.

The financial statements have been prepared on a going concern basis, despite a net current liability position at the year end. The directors have confirmed their continued financial support to the company.

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 - 20% on reducing balance
Motor vehicles - 20% on reducing balance

Financial instruments
The company is party to only basic financial instruments such as cash, trade debtors and creditors and loans. Instruments such as trade debtors and trade creditors are initially recognised at their transaction cost and reviewed at the year end for impairment. Debt instruments not repayable on demand or due within one year, such as bank loans, are measured at amortised cost using the effective interest rate.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

FERNBANK FLAT ROOFING LIMITED (REGISTERED NUMBER: 13884256)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28TH FEBRUARY 2024


4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1st March 2023 430 39,500 39,930
Disposals - (24,000 ) (24,000 )
At 28th February 2024 430 15,500 15,930
DEPRECIATION
At 1st March 2023 79 5,575 5,654
Charge for year 70 3,100 3,170
Eliminated on disposal - (4,800 ) (4,800 )
At 28th February 2024 149 3,875 4,024
NET BOOK VALUE
At 28th February 2024 281 11,625 11,906
At 28th February 2023 351 33,925 34,276

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 37,010 -
Other debtors 3,000 19,552
40,010 19,552

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 69 70
Taxation and social security 34,154 10,388
Other creditors 23,541 36,814
57,764 47,272

7. RELATED PARTY DISCLOSURES

All material related party transactions with owners holding a participating interest, companies in which the entity has a participating interest and directors were all concluded under normal market conditions.