Company Registration No. 10251982 (England and Wales)
Gradient Roofing Services Limited
Unaudited accounts
for the year ended 30 June 2024
Gradient Roofing Services Limited
Unaudited accounts
Contents
Gradient Roofing Services Limited
Company Information
for the year ended 30 June 2024
Company Number
10251982 (England and Wales)
Registered Office
BASEPOINT
ANDERSONS ROAD
SOUTHAMPTON
SO14 5FE
ENGLAND
Accountants
TBT Accountancy Ltd
Kingfisher House
Rownhams Lane
North Baddesley
Southampton
Hampshire
SO52 9LP
Gradient Roofing Services Limited
Statement of financial position
as at 30 June 2024
Tangible assets
6,524
9,339
Cash at bank and in hand
1,871
3,829
Creditors: amounts falling due within one year
(56,231)
(42,930)
Net current liabilities
(21,641)
(23,008)
Total assets less current liabilities
(15,117)
(13,669)
Creditors: amounts falling due after more than one year
(4,983)
(9,580)
Net liabilities
(20,100)
(23,249)
Called up share capital
100
100
Profit and loss account
(20,200)
(23,349)
Shareholders' funds
(20,100)
(23,249)
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small 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 9 February 2025 and were signed on its behalf by
Aaron Gardner
Director
Company Registration No. 10251982
Gradient Roofing Services Limited
Notes to the Accounts
for the year ended 30 June 2024
Gradient Roofing Services Limited is a private company, limited by shares, registered in England and Wales, registration number 10251982. The registered office is BASEPOINT, ANDERSONS ROAD, SOUTHAMPTON, SO14 5FE, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant & machinery
4 years on a reducing balance
Motor vehicles
4 years on a reducing balance
Computer equipment
3 years on a reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
18,448
14,069
583
33,100
At 30 June 2024
18,448
14,069
583
33,100
At 1 July 2023
14,122
9,199
440
23,761
Charge for the year
1,550
1,218
47
2,815
At 30 June 2024
15,672
10,417
487
26,576
At 30 June 2024
2,776
3,652
96
6,524
At 30 June 2023
4,326
4,870
143
9,339
Gradient Roofing Services Limited
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
Accrued income and prepayments
917
1,283
Other debtors
15,194
14,810
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
4,600
5,017
Trade creditors
5,728
10,056
Taxes and social security
45,066
26,769
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 1 (2023: 2).