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REGISTERED NUMBER: 04771399 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

R S Purdey Roofing Contractors
(Haslemere) Limited

R S Purdey Roofing Contractors
(Haslemere) Limited (Registered number: 04771399)






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


R S Purdey Roofing Contractors
(Haslemere) Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: R S Purdey
R Daynes





REGISTERED OFFICE: Maytree Cottage
High Pitfold
Hindhead
Surrey
GU26 6BN





REGISTERED NUMBER: 04771399 (England and Wales)





ACCOUNTANTS: Blackwood Futcher & Co.
Chartered Accountants
9 St George's Yard
Farnham
Surrey
GU9 7LW

R S Purdey Roofing Contractors
(Haslemere) Limited (Registered number: 04771399)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 47,649 51,376
Investment property 6 410,000 410,000
457,649 461,376

CURRENT ASSETS
Stocks 424,218 483,369
Debtors 7 1,363,995 982,309
Cash at bank 241,028 387,041
2,029,241 1,852,719
CREDITORS
Amounts falling due within one year 8 179,345 185,050
NET CURRENT ASSETS 1,849,896 1,667,669
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,307,545

2,129,045

PROVISIONS FOR LIABILITIES 44,858 45,790
NET ASSETS 2,262,687 2,083,255

CAPITAL AND RESERVES
Called up share capital 10 10
Other reserves 172,705 172,705
Retained earnings 2,089,972 1,910,540
SHAREHOLDERS' FUNDS 2,262,687 2,083,255

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.

R S Purdey Roofing Contractors
(Haslemere) Limited (Registered number: 04771399)

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 17 February 2025 and were signed on its behalf by:





R S Purdey - Director


R S Purdey Roofing Contractors
(Haslemere) Limited (Registered number: 04771399)

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

1. STATUTORY INFORMATION

R S Purdey Roofing Contractors (Haslemere) 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.

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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable of the company general building activities and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.

The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Tangible fixed assets are carried at cost less accumulated depreciation and accumulated impairment losses.

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over their estimated useful lives as follows:

Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

On disposal, the difference between the net disposal proceeds and the carrying amount of the item sold is recognised in profit or loss.

Investment property
Investment properties are properties held to earn rentals and/or for capital appreciation. Investment properties are initially measured at cost, including transaction costs. Subsequently investment properties whose fair value can be measured reliably without undue cost or effort on an on-going basis are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

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.


R S Purdey Roofing Contractors
(Haslemere) Limited (Registered number: 04771399)

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

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2023
and 31 May 2024 50,000
AMORTISATION
At 1 June 2023
and 31 May 2024 50,000
NET BOOK VALUE
At 31 May 2024 -
At 31 May 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 June 2023 20,973 104,453 125,426
Additions - 5,165 5,165
At 31 May 2024 20,973 109,618 130,591
DEPRECIATION
At 1 June 2023 - 74,050 74,050
Charge for year - 8,892 8,892
At 31 May 2024 - 82,942 82,942
NET BOOK VALUE
At 31 May 2024 20,973 26,676 47,649
At 31 May 2023 20,973 30,403 51,376

Included in cost of land and buildings is freehold land of £ 20,973 (2023 - £ 20,973 ) which is not depreciated.

R S Purdey Roofing Contractors
(Haslemere) Limited (Registered number: 04771399)

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

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2023
and 31 May 2024 410,000
NET BOOK VALUE
At 31 May 2024 410,000
At 31 May 2023 410,000

The investment property was valued by the director at the date of this report and he considered that the valuation would be £410,000.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 101,349 146,106
Other debtors 1,262,646 836,203
1,363,995 982,309

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors 16,044 14,912
Taxation and social security 87,914 96,850
Other creditors 75,387 73,288
179,345 185,050

9. RELATED PARTY DISCLOSURES

Included in creditors at the balance sheet date the company owed its director £57,312 (2023 - £55,263).

Included in debtors at the balance sheet date is an amount of £302,921 (2023 - £302,796) due from R S Purdey Investments Limited and £943,545 (2023 - £518,654) due from Maytree Investment Properties Ltd, both companies in which the director of the company has a material interest.