Directors |
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Company Number |
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Registered Office | 16 Herons Gate Trading Estate |
Paycocke Road | |
Basildon | |
Essex | |
SS14 3EU | |
Business | Unit 3 The Willow Centre |
Kingsdale Business Centre, Regina Road | |
Chelmsford | |
Essex | |
CM1 1PE | |
Accountants | FB Accountancy Services Limited |
Chartered Certified Accountants | |
Unit 16, Heronsgate Trading Estate | |
Paycocke Road | |
Basildon | |
Essex | |
SS14 3EU | |
Auditors |
|
The Octagon, Suite E2, 2nd Floor | |
Middleborough | |
Colchester | |
Essex | |
CO1 1TG | |
2024
|
2023
|
||
£
|
£
|
||
Turnover
|
32,388,511
|
23,478,798
|
|
Profit after Tax
|
2,032,311
|
831,270
|
|
Profit Margin
|
13.96%
|
9.33%
|
|
Balance sheet strength
|
2,734,577
|
1,502,266
|
Director
|
18/02/2025
|
Director
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|
for and on behalf of
|
|
The Octagon, Suite E2, 2nd Floor
Middleborough
Colchester
Essex
CO1 1TG
|
2024 | 2023 | |||
---|---|---|---|---|
Notes | £ | £ | ||
TURNOVER | 4 |
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|
Cost of sales |
( |
( |
||
GROSS PROFIT |
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||
Administrative expenses |
( |
( |
||
Other operating income |
|
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||
OPERATING PROFIT | 6 |
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Other interest receivable and similar income | 11 |
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Interest payable and similar charges | 12 |
( |
( |
|
PROFIT BEFORE TAXATION |
|
|
||
Tax on Profit | 13 |
( |
( |
|
PROFIT AFTER TAXATION BEING PROFIT FOR THE FINANCIAL YEAR |
|
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||
OTHER COMPREHENSIVE INCOME FOR THE YEAR | - | - | ||
TOTAL COMPREHENSIVE INCOME FOR THE YEAR |
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||
2024 | 2023 | ||||
---|---|---|---|---|---|
Notes | £ | £ | £ | £ | |
FIXED ASSETS | |||||
Tangible Assets | 14 |
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CURRENT ASSETS | |||||
Stocks | 15 |
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Debtors | 16 |
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Cash at bank and in hand |
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|||
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||||
Creditors: Amounts Falling Due Within One Year | 17 |
( |
( |
||
NET CURRENT ASSETS (LIABILITIES) |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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|||
Creditors: Amounts Falling Due After More Than One Year | 18 |
( |
( |
||
PROVISIONS FOR LIABILITIES | |||||
Deferred Taxation |
( |
( |
|||
NET ASSETS |
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|||
CAPITAL AND RESERVES | |||||
Called up share capital | 21 |
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||
Income Statement |
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SHAREHOLDERS' FUNDS | 2,734,577 | 1,502,266 | |||
Director
|
|
Share Capital | Income Statement | Total | |
---|---|---|---|
£ | £ | £ | |
As at 1 July 2022 |
|
|
1,518,496 |
Profit for the year and total comprehensive income | - |
|
831,270 |
Dividends paid | - | (847,500) | (847,500) |
As at 30 June 2023 and 1 July 2023 |
|
|
1,502,266 |
Profit for the year and total comprehensive income | - |
|
2,032,311 |
Dividends paid | - | (800,000) | (800,000) |
As at 30 June 2024 |
|
|
2,734,577 |
2024 | 2023 | |||
---|---|---|---|---|
Notes | £ | £ | ||
Cash flows from operating activities | ||||
Net cash generated from operations | 1 |
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Interest paid |
( |
( |
||
Tax paid |
( |
( |
||
Net cash generated from operating activities |
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||
Cash flows from investing activities | ||||
Purchase of tangible assets |
( |
( |
||
Proceeds from disposal of tangible assets |
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Interest received |
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Net cash used in investing activities |
( |
( |
||
Cash flows from financing activities | ||||
Equity dividends paid |
( |
( |
||
Repayment of bank borrowings |
( |
( |
||
Repayment of finance leases |
( |
( |
||
Net cash used in financing activities |
( |
( |
||
Increase in cash and cash equivalents |
|
|
||
Cash and cash equivalents at beginning of year | 2 |
|
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Cash and cash equivalents at end of year | 2 |
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|
2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
Profit for the financial year |
|
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|
Adjustments for: | |||
Tax on profit |
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Interest expense |
|
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Interest income |
( |
( |
|
Depreciation of tangible assets |
|
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|
Loss on disposal of tangible assets | 28,746 | 1,403 | |
Movements in working capital: | |||
Increase in stocks |
( |
( |
|
(Increase)/decrease in trade and other debtors |
( |
|
|
Increase/(decrease) in trade and other creditors |
|
( |
|
Net cash generated from operations |
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|
2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
Cash at bank and in hand |
|
|
|
As at 1 July 2023 | Cash flows | New finance leases | As at 30 June 2024 | |
---|---|---|---|---|
£ | £ | £ | £ | |
Cash at bank and in hand |
|
282,931 | - |
|
Finance leases | (93,455) | 94,539 | (228,719) | (227,635) |
Debts falling due within one year |
( |
- | - |
( |
Debts falling due after more than one year | (20,000) | 10,000 | - | (10,000) |
1,387,121 | 387,470 | (228,719) | 1,545,872 | |
Motor Vehicles |
|
Computer Equipment |
|
2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
Roofing and Cladding | 32,388,511 | 23,478,798 | |
2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
United Kingdom |
|
|
|
32,388,511 | 23,478,798 | ||
2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
Other operating income | - |
|
|
- | 66,369 | ||
2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
Depreciation of tangible fixed assets |
|
|
|
Loss on disposal of tangible fixed assets |
|
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|
2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
Audit Services | |||
Audit of the company's financial statements |
|
|
|
2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
Wages and salaries |
|
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Social security costs |
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Other pension costs |
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|
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||
2024 | 2023 | ||
---|---|---|---|
Office and administration |
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Operational |
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||
2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
Emoluments |
|
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|
Company contributions to money purchase pension schemes |
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||
2024 | 2023 | ||
---|---|---|---|
Money purchase pension schemes |
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|
2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
Emoluments |
|
|
|
Company contributions to money purchase pension schemes |
|
|
|
|
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||
2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
Bank interest receivable |
|
|
|
Interest on short term deposits |
|
|
|
200 | 160 | ||
2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
Bank loans and overdrafts |
|
|
|
Finance charges payable under finance leases and hire purchase contracts | 20,474 | 6,886 | |
Late payment tax charges |
|
|
|
Other finance charges |
|
|
|
21,914 | 12,049 | ||
The tax charge on the profit for the year was as follows:
|
|||||
Tax Rate | 2024 | 2023 | |||
---|---|---|---|---|---|
2024 | 2023 | £ | £ | ||
Current tax | |||||
UK Corporation Tax | 25.0% | 20.5% |
|
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|
Deferred Tax | |||||
Deferred taxation |
( |
|
|||
Total tax charge for the period |
|
|
|||
The actual charge for the year can be reconciled to the expected charge for the year based on the profit and the standard rate of corporation tax as follows:
|
|||||
2024 | 2023 | ||||
£ | £ | ||||
Profit before tax | 2,786,803 | 1,072,178 | |||
Tax on profit at 25% (UK standard rate) |
|
|
|||
Goodwill/depreciation not allowed for tax |
|
|
Expenses not deductible for tax purposes |
|
|
|||
Capital allowances |
( |
( |
|||
Deferred tax relating to changes in tax rates or laws |
( |
|
|||
Total tax charge for the period | 754,492 | 240,908 | |||
The effective rate of corporation tax for 2024 is calculated as 25% (2023: 20.5%).
|
Motor Vehicles | Computer Equipment | Total | |
---|---|---|---|
£ | £ | £ | |
Cost | |||
As at 1 July 2023 |
|
|
|
Additions |
|
|
|
Disposals |
( |
|
( |
As at 30 June 2024 |
|
|
|
Depreciation | |||
As at 1 July 2023 |
|
|
|
Provided during the period |
|
|
|
Disposals |
( |
|
( |
As at 30 June 2024 |
|
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|
Net Book Value | |||
As at 30 June 2024 |
|
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|
As at 1 July 2023 |
|
|
|
2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
Stock |
|
|
|
2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
Due within one year | |||
Trade debtors |
|
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|
Prepayments and accrued income |
|
|
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Other debtors |
|
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|
VAT |
|
|
|
|
|
||
2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
Net obligations under finance lease and hire purchase contracts |
|
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|
Trade creditors |
|
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Bank loans and overdrafts |
|
|
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Corporation tax |
|
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Other taxes and social security |
|
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|
Other creditors |
|
|
|
Accruals and deferred income |
|
|
|
|
|
||
2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
Net obligations under finance lease and hire purchase contracts |
|
|
|
Bank loans |
|
|
|
|
|
||
2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
Net obligations under finance lease and hire purchase contracts | 227,634 | 93,455 |
2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
Amounts falling due within one year or on demand: | |||
Bank loans |
|
|
|
2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
Amounts falling due between one and five years: | |||
Bank loans |
|
|
|
Deferred Tax | Total | |
---|---|---|
£ | £ | |
As at 1 July 2023 |
|
16,554 |
Deferred taxation |
( |
( |
Balance at 30 June 2024 |
|
14,957 |
2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
Not later than one year |
|
|
|
Later than one year and not later than five years |
|
|
|
|
|
||
2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
On equity shares: | |||
Interim dividend paid |
|
|
|