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REGISTERED NUMBER: 04222960 (England and Wales)










Unaudited Financial Statements for the Year Ended 31 May 2024

for

Cladding UK Limited

Cladding UK Limited (Registered number: 04222960)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cladding UK Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: A P O'Brien
I A Goodall





REGISTERED OFFICE: 12 London Road
Stanford Le Hope
Essex
SS17 0LL





REGISTERED NUMBER: 04222960 (England and Wales)





ACCOUNTANTS: LB Group Advisory Limited
Swift House, Ground Floor
18 Hoffmanns Way
Chelmsford
Essex
CM1 1GU

Cladding UK Limited (Registered number: 04222960)

Balance Sheet
31 May 2024

31.5.23 31.5.24
£    £    Notes £    £   
FIXED ASSETS
1,175 Tangible assets 4 811

CURRENT ASSETS
2,000 Stocks 217,000
683,132 Debtors 5 448,841
477,439 Cash at bank and in hand 13,572
1,162,571 679,413
CREDITORS
675,672 Amounts falling due within one year 6 240,154
486,899 NET CURRENT ASSETS 439,259
488,074 TOTAL ASSETS LESS CURRENT
LIABILITIES

440,070

223 PROVISIONS FOR LIABILITIES 154
487,851 NET ASSETS 439,916

CAPITAL AND RESERVES
200 Called up share capital 200
100 Capital redemption reserve 100
487,551 Retained earnings 439,616
487,851 SHAREHOLDERS' FUNDS 439,916

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

Cladding UK Limited (Registered number: 04222960)

Balance Sheet - continued
31 May 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 February 2025 and were signed on its behalf by:





A P O'Brien - Director


Cladding UK Limited (Registered number: 04222960)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Cladding UK 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.

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 etc - 33% on cost and 25% on reducing balance

Investment property
Investment property is valued at cost. The directors consider that the value of the property is not significantly different to require an independent valuation to be carried out.

Stocks
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 items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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

Deferred tax
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.

Cladding UK Limited (Registered number: 04222960)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

2. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023 16,608
Disposals (5,247 )
At 31 May 2024 11,361
DEPRECIATION
At 1 June 2023 15,433
Charge for year 364
Eliminated on disposal (5,247 )
At 31 May 2024 10,550
NET BOOK VALUE
At 31 May 2024 811
At 31 May 2023 1,175

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 19,403 489,442
Other debtors 429,438 193,690
448,841 683,132

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors 99,694 274,813
Taxation and social security 5,027 245,872
Other creditors 135,433 154,987
240,154 675,672

Cladding UK Limited (Registered number: 04222960)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 May 2024 and 31 May 2023:

31.5.24 31.5.23
£    £   
A P O'Brien
Balance outstanding at start of year 40,000 -
Amounts advanced - 40,000
Amounts repaid (40,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 40,000

I A Goodall
Balance outstanding at start of year 40,000 -
Amounts advanced - 40,000
Amounts repaid (40,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 40,000

8. POST BALANCE SHEET EVENTS

No events have occurred since the date of the Balance Sheet which need to be brought to the attention of the members or third parties.