REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 30 June 2024 |
for |
Skyline Roofing Holdings Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 30 June 2024 |
for |
Skyline Roofing Holdings Limited |
Skyline Roofing Holdings Limited (Registered number: 05160259) |
Contents of the Financial Statements |
for the Year Ended 30 June 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Skyline Roofing Holdings Limited |
Company Information |
for the Year Ended 30 June 2024 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
4 Riverview |
Walnut Tree Close |
Guildford |
Surrey |
GU1 4UX |
Skyline Roofing Holdings Limited (Registered number: 05160259) |
Balance Sheet |
30 June 2024 |
30.6.24 | 30.6.23 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investments | 5 |
Investment property | 6 |
CURRENT ASSETS |
Debtors | 7 |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
8 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 9 |
Revaluation reserve | 10 |
Retained earnings |
SHAREHOLDERS' FUNDS |
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 were approved by the Board of Directors and authorised for issue on |
Skyline Roofing Holdings Limited (Registered number: 05160259) |
Notes to the Financial Statements |
for the Year Ended 30 June 2024 |
1. | STATUTORY INFORMATION |
Skyline Roofing Holdings Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | STATEMENT OF COMPLIANCE |
3. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
Investment property |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
4. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
5. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertakings |
£ |
COST |
At 1 July 2023 |
and 30 June 2024 |
NET BOOK VALUE |
At 30 June 2024 |
At 30 June 2023 |
6. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1 July 2023 |
and 30 June 2024 |
NET BOOK VALUE |
At 30 June 2024 |
At 30 June 2023 |
Fair value at 30 June 2024 is represented by: |
£ |
Valuation in 2006 | 971,605 |
Valuation in 2013 | (610,188 | ) |
Cost | 3,537,083 |
3,898,500 |
Skyline Roofing Holdings Limited (Registered number: 05160259) |
Notes to the Financial Statements - continued |
for the Year Ended 30 June 2024 |
6. | INVESTMENT PROPERTY - continued |
If investment property had not been revalued it would have been included at the following historical cost: |
30.6.24 | 30.6.23 |
£ | £ |
Cost | 3,537,083 | 3,537,083 |
Investment property was valued on a fair value basis on 30 June 2020 by the directors . |
7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.6.24 | 30.6.23 |
£ | £ |
Trade debtors |
Other debtors |
8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.6.24 | 30.6.23 |
£ | £ |
Taxation and social security |
Other creditors |
9. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 30.6.24 | 30.6.23 |
value: | £ | £ |
Ordinary | £1 | 400 | 400 |
"B" Non-Voting Shares | £1 | 110 | 110 |
510 | 510 |
10. | RESERVES |
Revaluation |
reserve |
£ |
At 1 July 2023 |
and 30 June 2024 |
11. | RELATED PARTY DISCLOSURES |
At the year end the company was owed £75,175 (2023: £175,175) from Skyline Roofing Property Management Company Limited, was owed £350,000 (2023: £0) from Skyline Roofing Centres and a balance of £71,189 (2023: 27,011 owed to) owed from Skyline Roofing Centres Limited by way of inter company loans. |
Mr S J Revell is also a Director of Skyline Roofing Centres (Bedford) Limited, Skyline Roofing Centres (LB) Limited, Skyline Roofing Centres Management Company Limited and Skyline Roofing Centres Limited. He is also a proprietor of Skyline Roofing Centres. |
During the year the company received the following income: |
Rent Received: | 2024 | 2023 |
Skyline Roofing Centres Limited | £90,000 | £90,000 |
Skyline Roofing Centres | £123,000 | £100,000 |
Skyline Roofing Centres (LB) Limited | £82,860 | £75,000 |
Skyline Roofing Centres (Bedford) Limited | £57,750 | £55,000 |
Skyline Roofing Holdings Limited (Registered number: 05160259) |
Notes to the Financial Statements - continued |
for the Year Ended 30 June 2024 |
12. | ULTIMATE CONTROLLING PARTY |
Mr S Revell and Mr R Malpas control the company by virtue of their ownership of 100% of the share capital |