Directors |
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Company Number |
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Registered Office | Unit 16, Heronsgate 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
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£
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|||
Turnover
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26,017,001
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||
Profit after Tax
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1,628,012
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||
Profit Margin
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13.96%
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Balance Sheet Strength
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1,952,125
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Director
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18/02/2025
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|
Appointed |
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Appointed |
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Director
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|
for and on behalf of
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The Octagon, Suite E2, 2nd Floor
Middleborough
Colchester
Essex
CO1 1TG
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30 June 2024 | ||
---|---|---|
Notes | £ | |
TURNOVER | 3 |
|
Cost of sales |
( |
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GROSS PROFIT |
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Administrative expenses |
( |
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OPERATING PROFIT | 4 |
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Other interest receivable and similar income | 9 |
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Interest payable and similar charges | 10 |
( |
PROFIT BEFORE TAXATION |
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|
Tax on Profit | 11 |
( |
PROFIT AFTER TAXATION BEING PROFIT FOR THE FINANCIAL PERIOD ATTRIBUTABLE TO THE OWNERS OF THE PARENT |
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|
30 June 2024 | ||
---|---|---|
£ | ||
PROFIT FOR THE FINANCIAL PERIOD |
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|
OTHER COMPREHENSIVE INCOME FOR THE PERIOD | - | |
TOTAL COMPREHENSIVE INCOME FOR THE PERIOD ATTRIBUTABLE TO THE OWNERS OF THE PARENT |
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|
30 June 2024 | |||
---|---|---|---|
Notes | £ | £ | |
FIXED ASSETS | |||
Tangible Assets | 12 |
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CURRENT ASSETS | |||
Stocks | 14 |
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Debtors | 15 |
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Cash at bank and in hand |
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Creditors: Amounts Falling Due Within One Year | 16 |
( |
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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 | 17 |
( |
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PROVISIONS FOR LIABILITIES | |||
Deferred Taxation | 20 |
( |
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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 | 1,952,125 | ||
Director
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|
30 June 2024 | |||
---|---|---|---|
Notes | £ | £ | |
FIXED ASSETS | |||
Investments | 13 |
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|||
Creditors: Amounts Falling Due Within One Year | 16 |
( |
|
NET CURRENT ASSETS (LIABILITIES) |
( |
||
TOTAL ASSETS LESS CURRENT LIABILITIES |
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||
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 | 345,600 | ||
Director
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|
Share Capital | Income Statement | Total | |
---|---|---|---|
£ | £ | £ | |
As at 10 September 2023 |
|
|
1,901,915 |
Profit for the period and total comprehensive income | - |
|
1,628,012 |
Dividends paid | - | (450,000) | (450,000) |
Arising on shares issued during the period |
|
- | 100 |
Transfer to/from Other Reserves | - | (1,127,902) | (1,127,902) |
As at 30 June 2024 |
|
|
1,952,125 |
Share Capital | Income Statement | Total | |
---|---|---|---|
£ | £ | £ | |
As at 10 September 2023 |
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|
- |
Profit for the period and total comprehensive income | - |
|
795,500 |
Dividends paid | - | (450,000) | (450,000) |
Arising on shares issued during the period |
|
- | 100 |
As at 30 June 2024 |
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|
345,600 |
30 June 2024 | ||
---|---|---|
Notes | £ | |
Cash flows from operating activities | ||
Net cash generated from operations | 1 |
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Interest paid |
( |
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Tax paid |
( |
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Net cash generated from operating activities |
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|
Cash flows from investing activities | ||
Purchase of tangible assets |
( |
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Proceeds from disposal of tangible assets |
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|
Purchase of investment in subsidiary undertaking |
( |
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Interest received |
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Net cash used in investing activities |
( |
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Cash flows from financing activities | ||
Proceeds from issue of share capital |
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Equity dividends paid |
( |
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Repayment of bank borrowings |
( |
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Repayment of finance leases |
( |
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Net cash used in financing activities |
( |
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Increase in cash and cash equivalents |
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Cash and cash equivalents at beginning of period | 2 |
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Cash and cash equivalents at end of period | 2 |
|
30 June 2024 | |
---|---|
£ | |
Profit for the financial period |
|
Adjustments for: | |
Tax on profit |
|
Interest expense |
|
Interest income |
( |
Depreciation of tangible assets |
|
Loss on disposal of tangible assets | 28,746 |
Movements in working capital: | |
Increase in stocks |
( |
Increase in trade and other debtors |
( |
Increase in trade and other creditors |
|
Changes in Working Capital in relation to Investment | 1,910,375 |
Increase to B/fwd accumulated depreciation | (12,949) |
Net cash generated from operations |
|
30 June 2024 | |
---|---|
£ | |
Cash at bank and in hand |
|
As at 10 September 2023 | Cash flows | New finance leases | As at 30 June 2024 | |
---|---|---|---|---|
£ | £ | £ | £ | |
Cash at bank and in hand |
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1,793,507 | - |
|
Finance leases | - | 1,084 | (228,719) | (227,635) |
Debts falling due within one year |
|
(10,000) | - |
( |
Debts falling due after more than one year | - | (10,000) | - | (10,000) |
- | 1,774,591 | (228,719) | 1,545,872 | |
Motor Vehicles |
|
Computer Equipment |
|
30 June 2024 | |
---|---|
£ | |
Roofing and Cladding | 26,017,001 |
30 June 2024 | |
---|---|
£ | |
Depreciation of tangible fixed assets |
|
Loss on disposal of tangible fixed assets |
|
30 June 2024 | |
---|---|
£ | |
Audit Services | |
Audit of the group and company's financial statements |
|
30 June 2024 | |
---|---|
£ | |
Wages and salaries |
|
Social security costs |
|
Other pension costs |
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Group | Company | ||
---|---|---|---|
30 June 2024 | 30 June 2024 | ||
Office and administration |
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Operational |
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30 June 2024 | |
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£ | |
Emoluments |
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Company contributions to money purchase pension schemes |
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|
30 June 2024 | |
---|---|
£ | |
Emoluments |
|
Company contributions to money purchase pension schemes |
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|
30 June 2024 | |
---|---|
£ | |
Bank interest receivable |
|
Interest on short term deposits |
|
161 | |
30 June 2024 | |
---|---|
£ | |
Bank loans and overdrafts |
|
Finance charges payable under finance leases and hire purchase contracts | 16,446 |
Late payment tax charges |
|
Other finance charges |
|
17,602 | |
The tax charge on the profit for the period was as follows:
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||
Tax Rate | 30 June 2024 | |
---|---|---|
30 June 2024 | £ | |
Current tax | ||
UK Corporation Tax | 25.0% |
|
Deferred Tax | ||
Deferred taxation |
( |
|
Total tax charge for the period |
|
|
The actual charge for the period can be reconciled to the expected charge for the period based on the profit and the standard rate of corporation tax as follows:
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||
30 June 2024 | ||
£ | ||
Profit before tax | 2,234,079 | |
Tax on profit at 25% (UK standard rate) |
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|
Goodwill/depreciation not allowed for tax |
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|
Expenses not deductible for tax purposes |
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|
Capital allowances |
( |
|
Deferred tax relating to changes in tax rates or laws |
( |
|
Total tax charge for the period | 606,067 | |
Motor Vehicles | Computer Equipment | Total | |
---|---|---|---|
£ | £ | £ | |
Cost | |||
As at 10 September 2023 |
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|
Additions |
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|
Disposals |
( |
|
( |
As at 30 June 2024 |
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|
Depreciation | |||
As at 10 September 2023 |
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|
Provided during the period |
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|
Disposals |
( |
|
( |
As at 30 June 2024 |
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Net Book Value | |||
As at 30 June 2024 |
|
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As at 10 September 2023 |
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Subsidiaries | |
---|---|
£ | |
Cost | |
As at 10 September 2023 |
|
Additions |
|
As at 30 June 2024 |
|
Provision | |
As at 10 September 2023 |
|
As at 30 June 2024 |
|
Net Book Value | |
As at 30 June 2024 |
|
As at 10 September 2023 |
|
Name of undertaking | Registered Office | Class of shares held | Direct holding | Indirect holding |
---|---|---|---|---|
|
16 Heronsgate Trading Estate, Paycocke Road, Basildon, Essex. SS14 3EU |
|
|
- |
Capital and Reserves | Profit/(loss) | |
---|---|---|
£ | £ | |
Geo Roof Limited |
|
|
30 June 2024 | |
---|---|
£ | |
Stock |
|
Group | Company | ||
---|---|---|---|
30 June 2024 | 30 June 2024 | ||
£ | £ | ||
Due within one year | |||
Trade debtors |
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|
Other debtors | 1,547,622 | - | |
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Group | Company | ||
---|---|---|---|
30 June 2024 | 30 June 2024 | ||
£ | £ | ||
Net obligations under finance lease and hire purchase contracts |
|
|
|
Trade creditors |
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Bank loans and overdrafts |
|
|
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Amounts owed to group undertakings |
|
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Other creditors | 961,616 | 750,000 | |
Corporation tax |
|
|
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Taxation and social security | 131,253 | - | |
Accruals and deferred income |
|
|
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Group | ||
---|---|---|
30 June 2024 | ||
£ | ||
Net obligations under finance lease and hire purchase contracts |
|
|
Bank loans |
|
|
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Group | ||
---|---|---|
30 June 2024 | ||
£ | ||
Amounts falling due within one year or on demand: | ||
Bank loans |
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|
Group | ||
---|---|---|
30 June 2024 | ||
£ | ||
Amounts falling due between one and five years: | ||
Bank loans |
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|
Group | ||
---|---|---|
30 June 2024 | ||
£ | ||
The future minimum finance lease payments are as follows: | ||
Not later than one year |
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Later than one year and not later than five years |
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30 June 2024 | |
---|---|
£ | |
Other timing differences | 14,957 |
30 June 2024 | |
---|---|
£ | |
On equity shares: | |
Interim dividend paid |
|