Company Registration No. 09529562 (England and Wales)
1ST OPTION ROOFING LIMITED
Unaudited accounts
for the year ended 30 April 2024
1ST OPTION ROOFING LIMITED
Unaudited accounts
Contents
1ST OPTION ROOFING LIMITED
Company Information
for the year ended 30 April 2024
Company Number
09529562 (England and Wales)
Registered Office
58 CORNFIELD
WOLVERHAMPTON
WV8 1TT
ENGLAND
1ST OPTION ROOFING LIMITED
Statement of financial position
as at 30 April 2024
Tangible assets
15,819
18,416
Cash at bank and in hand
846
674
Creditors: amounts falling due within one year
9,850
10,000
Net current assets
11,153
36,153
Total assets less current liabilities
26,972
54,569
Creditors: amounts falling due after more than one year
(50,000)
(50,000)
Net (liabilities)/assets
(23,028)
4,569
Called up share capital
1
1
Profit and loss account
(23,029)
4,568
Shareholders' funds
(23,028)
4,569
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 January 2025 and were signed on its behalf by
Davia Gibbons
Director
Company Registration No. 09529562
1ST OPTION ROOFING LIMITED
Notes to the Accounts
for the year ended 30 April 2024
1ST OPTION ROOFING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09529562. The registered office is 58 CORNFIELD, WOLVERHAMPTON, WV8 1TT, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Plant & Machinery
Fixtures & fittings
Fixtures & Fittings
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2023
15,885
8,500
5,165
29,550
At 30 April 2024
15,885
8,500
5,165
29,550
At 1 May 2023
5,032
4,148
1,954
11,134
Charge for the year
1,085
870
642
2,597
At 30 April 2024
6,117
5,018
2,596
13,731
At 30 April 2024
9,768
3,482
2,569
15,819
At 30 April 2023
10,853
4,352
3,211
18,416
Amounts falling due within one year
1ST OPTION ROOFING LIMITED
Notes to the Accounts
for the year ended 30 April 2024
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
(9,850)
(10,000)
Included in the creditors amount is an interest free loan of £9056 from the director without a predefined repayment date.
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).