Acorah Software Products - Accounts Production 16.1.300 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 12941995 Mr John Winder iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12941995 2023-10-31 12941995 2024-10-31 12941995 2023-11-01 2024-10-31 12941995 frs-core:CurrentFinancialInstruments 2024-10-31 12941995 frs-core:ComputerEquipment 2024-10-31 12941995 frs-core:ComputerEquipment 2023-11-01 2024-10-31 12941995 frs-core:ComputerEquipment 2023-10-31 12941995 frs-core:FurnitureFittings 2024-10-31 12941995 frs-core:FurnitureFittings 2023-11-01 2024-10-31 12941995 frs-core:FurnitureFittings 2023-10-31 12941995 frs-core:PlantMachinery 2024-10-31 12941995 frs-core:PlantMachinery 2023-11-01 2024-10-31 12941995 frs-core:PlantMachinery 2023-10-31 12941995 frs-core:ShareCapital 2024-10-31 12941995 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 12941995 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 12941995 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 12941995 frs-bus:SmallEntities 2023-11-01 2024-10-31 12941995 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 12941995 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 12941995 frs-bus:Director1 2023-11-01 2024-10-31 12941995 frs-countries:EnglandWales 2023-11-01 2024-10-31 12941995 2022-10-31 12941995 2023-10-31 12941995 2022-11-01 2023-10-31 12941995 frs-core:CurrentFinancialInstruments 2023-10-31 12941995 frs-core:ShareCapital 2023-10-31 12941995 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 12941995
Design Roofing Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12941995
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 6,021 28,447
6,021 28,447
CURRENT ASSETS
Stocks 5 20,250 -
Debtors 6 3,258 21,283
Cash at bank and in hand 8,739 61,351
32,247 82,634
Creditors: Amounts Falling Due Within One Year 7 (19,215 ) (43,528 )
NET CURRENT ASSETS (LIABILITIES) 13,032 39,106
TOTAL ASSETS LESS CURRENT LIABILITIES 19,053 67,553
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,134 ) (5,689 )
NET ASSETS 14,919 61,864
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 14,918 61,863
SHAREHOLDERS' FUNDS 14,919 61,864
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For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr John Winder
Director
29/01/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Design Roofing Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12941995 . The registered office is The Old Barn Wood Street, Swanley, BR8 7PA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 15% on reducing balance
Fixtures & Fittings 15% on reducing balance
Computer Equipment 15% on reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Stocks and Work in Progress
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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
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.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 November 2023 32,804 1,000 673 34,477
Additions 682 - - 682
Disposals (26,669 ) - - (26,669 )
As at 31 October 2024 6,817 1,000 673 8,490
Depreciation
As at 1 November 2023 5,543 386 101 6,030
Provided during the period 884 92 86 1,062
Disposals (4,623 ) - - (4,623 )
As at 31 October 2024 1,804 478 187 2,469
Net Book Value
As at 31 October 2024 5,013 522 486 6,021
As at 1 November 2023 27,261 614 572 28,447
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5. Stocks
2024 2023
£ £
Work in progress 20,250 -
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 3,050 21,283
Other debtors 208 -
3,258 21,283
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 2,700 2,200
Corporation tax 3,714 13,620
Other taxes and social security 338 145
VAT 4,514 11,905
Other creditors 1,746 -
Director's loan account 6,203 15,658
19,215 43,528
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
10. Related Party Transactions
Included in the Other Creditors is an amount owed to the company director Mr John Winder totalling £6,657 (2022 - £169 Creditor), no interest is to be charged.
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