12636621falseroofing.2023-07-012024-06-30http://www.companieshouse.gov.uk/2023-06-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-06-30http://www.companieshouse.gov.uk/cd:Director12023-07-012024-06-30http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-06-30http://www.companieshouse.gov.uk/pt:ShareCapital2024-06-30http://www.companieshouse.gov.uk/cd:Director22023-07-012024-06-30http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-06-30http://www.companieshouse.gov.uk/cd:Director32023-07-012024-06-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-07-012024-06-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-06-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-07-012024-06-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-07-012024-06-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-06-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-06-30http://www.companieshouse.gov.uk/2023-07-012024-06-30http://www.companieshouse.gov.uk/2023-06-30http://www.companieshouse.gov.uk/cd:FRS1022023-07-012024-06-30http://www.companieshouse.gov.uk/2024-06-30http://www.companieshouse.gov.uk/cd:FullAccounts2023-07-012024-06-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-07-012024-06-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 12636621

Ford Roofing Ltd

ACCOUNTS
FOR THE YEAR ENDED 30/06/2024

Prepared By:
Marie-Anne Rose Ltd
Chartered Accountants
Bay Tree Cottage
Crabbswood Lane
Sway
Hampshire
SO41 6EQ

Ford Roofing Ltd

ACCOUNTS
FOR THE YEAR ENDED 30/06/2024
DIRECTORS
Mark Ford
Steven Smith (appointed 8 March 2023)
Louise Ford (appointed 9 April 2024)
REGISTERED OFFICE
Building 1 Drews Old Yard
11-15 Station Road
New Milton
Hampshire
BH25 6HN
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 12636621
ACCOUNTANTS
Marie-Anne Rose Ltd
Chartered Accountants
Bay Tree Cottage
Crabbswood Lane
Sway
Hampshire
SO41 6EQ

Ford Roofing Ltd

ACCOUNTS
FOR THEYEARENDED30/06/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Ford Roofing Ltd

BALANCE SHEET AT 30/06/2024
20242023
Notes££
FIXED ASSETS
Tangible assets339,10223,807
CURRENT ASSETS
Stock67,33989,444
Debtors51,065,358603,520
Cash at bank and in hand2,80523,434
1,135,502716,398
CREDITORS: Amounts falling due within one year6630,277437,969
NET CURRENT ASSETS505,225278,429
TOTAL ASSETS LESS CURRENT LIABILITIES544,327302,236
CREDITORS: Amounts falling due after more than one year748,53569,372
PROVISIONS FOR LIABILITIES AND CHARGES81,3001,234
NET ASSETS494,492231,630
CAPITAL AND RESERVES
Called up share capital9100100
Profit and loss account494,392231,530
SHAREHOLDERS' FUNDS494,492231,630
For the year ending 30/06/2024 the company was entitled to exemption 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 directors acknowledge their 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 17/02/2025 and signed on their behalf by
.............................
Mark Ford
Director

Ford Roofing Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/06/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Commercial Vehiclesreducing balance25%
Equipmentreducing balance25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.

Ford Roofing Ltd

1e. Leasing Commitments
Assets obtained under hire purchase contracts and 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 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 on a straight line basis.
1f.
2. EMPLOYEES
20242023
No.No.
Average number of employees65
3. TANGIBLE FIXED ASSETS
Commercial
VehiclesEquipmentTotal
£££
Cost
At 01/07/202331,3509,46840,818
Additions27,57075928,329
At 30/06/202458,92010,22769,147
Depreciation
At 01/07/202313,7153,29617,011
For the year11,3011,73313,034
At 30/06/202425,0165,02930,045
Net Book Amounts
At 30/06/202433,9045,19839,102
At 30/06/202317,6356,17223,807
4. STOCK 20242023
££
Stock comprises:
Stock16,379-
Work in progress50,96089,444
67,33989,444

Ford Roofing Ltd

5. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors1,042,938570,383
VAT-22,626
Other debtors5,8355,741
Prepayments16,5854,770
1,065,358603,520
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
Other tax134,92663,808
Bank Loan18,800-
Finance leases9,2313,973
Trade creditors367,188308,815
Other creditors and accruals58,16857,873
Accruals41,9643,500
630,277437,969
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Finance Leases >1yr34,11819,955
Other creditors > 1yr14,41749,417
48,53569,372
8. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation1,3001,234
1,3001,234

Ford Roofing Ltd

9. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
100 Class 1 shares of £1 each100100
100100
12. OTHER FINANCIAL COMMITMENTS
At 30/06/2024 the company was committed to making the following payments under non-cancellable operating leases:
20242023
££
Operating Leases which expire:
Within one year32,0423,180
Within two to five years41,624-
11. FINANCE LEASE
Finance leases have been taken out to acquire two commercial vehicles. The company is committed to lease payments of £9,231 within the year and £34,119 in the following four years. After completion of the primary leasing period, a secondary rental of £487 per annum will be payable until further notice for the first vehicle and £60 per annum for the vehicle acquired in 2024..
12. OTHER FINANCIAL COMMITMENTS
At 30/06/2024 the company was committed to making the following payments under non-cancellable operating leases in the forthcoming financial year:
20242023
££
Operating Leases which expire:
Within one year32,0423,180
Within two to five years41,624-